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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net income $ 609 $ 284 $ 1,291 [1] $ 602 [1]
Other comprehensive income:        
Fair market value adjustment on cash flow hedges, net of income tax benefit (provision) of $2 million, $0 million, $2 million and ($0 million) (6) 0 (7) 1
Unrealized (loss) gain on defined benefit pension plans, net of income tax benefit (provision) of $1 million, $0 million, $1 million and ($0 million) (2) 0 (3) 1
Foreign currency translation, net of income tax (see Note 12) (385) 213 (298) 51
Total other comprehensive (loss) income (389) 215 (301) 57
Comprehensive income 220 499 990 659
Less: net income attributable to noncontrolling interests and redeemable noncontrolling interests 11 15 24 29
Less: other comprehensive (loss) income attributable to noncontrolling interests (24) 2 (41) (7)
Comprehensive income attributable to Fiserv, Inc. 233 482 1,007 637
Cost of Services        
Other comprehensive income:        
Reclassification adjustment for net realized (gains) losses on cash flow hedges 0 (2) (1) (4)
Interest Expense        
Other comprehensive income:        
Reclassification adjustment for net realized (gains) losses on cash flow hedges $ 4 $ 4 $ 8 $ 8
[1] The company revised, for comparable purposes with the current period’s presentation, the consolidated statement of cash flows presentation for the six months ended June 30, 2021 to include cash and cash equivalents within settlement assets as a component of total cash and cash equivalents. Additional information is included in Note 1.