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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net income $ 493 $ 446 $ 1,784 [1] $ 1,048 [1]
Other comprehensive loss:        
Fair market value adjustment on cash flow hedges, net of income tax benefit (provision) of $2 million, ($1 million), $4 million and ($1 million) (4) 3 (11) 4
Unrealized (loss) gain on defined benefit pension plans, net of income tax benefit (provision) of ($0 million), $0 million, $1 million and ($0 million) 1 0 (2) 1
Foreign currency translation, net of income tax (see Note 12) (639) (349) (937) (298)
Reclassification adjustment for accumulated foreign currency translation impacts from the sale of a foreign entity included in loss on sale of business, net of income tax benefit of $0 million (see Note 4) 56 0 56 0
Total other comprehensive loss (582) (344) (883) (287)
Comprehensive income (loss) (89) 102 901 761
Less: net income attributable to noncontrolling interests and redeemable noncontrolling interests 12 18 36 47
Less: other comprehensive loss attributable to noncontrolling interests (48) (18) (89) (25)
Comprehensive income (loss) attributable to Fiserv, Inc. (53) 102 954 739
Cost of Services        
Other comprehensive loss:        
Reclassification adjustment for net realized (gains) losses on cash flow hedges 1 (2) 0 (6)
Interest Expense        
Other comprehensive loss:        
Reclassification adjustment for net realized (gains) losses on cash flow hedges $ 3 $ 4 $ 11 $ 12
[1] The company revised, for comparable purposes with the current period’s presentation, the consolidated statement of cash flows presentation for the nine months ended September 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.