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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Schedule of cash and cash equivalents

The following table provides a reconciliation between cash and cash equivalents on the consolidated balance sheets and the consolidated statements of cash flows at December 31:

(In millions)			2022						2021						2020
Cash and cash equivalents on the consolidated balance sheets			$	902					$	835					$	906
Cash and cash equivalents included in settlement assets (see Note 5)			2,283						2,361						1,650
Other restricted cash			7						9						13
Total cash and cash equivalents on the consolidated statements of cash flows			$	3,192					$	3,205					$	2,569

Schedule of property and equipment

Property and equipment consisted of the following at December 31:

(In millions)			Estimated Useful Lives						2022						2021
Land			—						$	47					$	48
Data processing equipment			3 to 5 years						3,025						2,302
Buildings and leasehold improvements			5 to 40 years						724						512
Furniture and equipment			5 to 8 years						370						372
									4,166						3,234
Less: Accumulated depreciation									(2,208)						(1,492)
Total									$	1,958					$	1,742

Schedule of accounts payable and accrued expenses

Accounts payable and accrued expenses consisted of the following at December 31:

(In millions)						2022						2021
Trade accounts payable						$	652					$	593
Client deposits						871						783
Accrued compensation and benefits						279						392
Accrued taxes						432						154
Accrued interest						216						216
Other accrued expenses						1,433						1,412
Total						$	3,883					$	3,550

Schedule of interest expense, net

Interest expense, net consisted of the following for the years ended December 31:

(In millions)			2022						2021						2020
Interest expense			$	(746)					$	(696)					$	(716)
Interest income			13						3						7
Interest expense, net			$	(733)					$	(693)					$	(709)

Computation of shares used in calculating basic and diluted net income per share

The computation of shares used in calculating basic and diluted net income per share is as follows at December 31:

(In millions)						2022						2021						2020
Weighted-average common shares outstanding used for the calculation of net income attributable to Fiserv, Inc. per share – basic						642.3						662.6						672.1
Common stock equivalents						5.6						9.0						11.3
Weighted-average common shares outstanding used for the calculation of net income attributable to Fiserv, Inc. per share – diluted						647.9						671.6						683.4

Schedule of supplemental cash flow information

Supplemental Cash Flow Information

(In millions)
Year Ended December 31,						2022						2021						2020
Interest paid						$	703					$	648					$	673
Income taxes paid						709						666						156
Treasury stock purchases settled after the balance sheet date						6						—						—
Distribution of nonmonetary assets (see Note 4)						—						—						726
Software obtained under financing arrangements						104						143						308

Restrictions on cash and cash equivalents

The following table provides a reconciliation between cash and cash equivalents on the consolidated balance sheets and the consolidated statements of cash flows at December 31:

(In millions)			2022						2021						2020
Cash and cash equivalents on the consolidated balance sheets			$	902					$	835					$	906
Cash and cash equivalents included in settlement assets (see Note 5)			2,283						2,361						1,650
Other restricted cash			7						9						13
Total cash and cash equivalents on the consolidated statements of cash flows			$	3,192					$	3,205					$	2,569

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