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Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The tables below present the Company’s revenue disaggregated by type of revenue, including a reconciliation with its reportable segments. The majority of the Company’s revenue is earned domestically, with revenue generated outside the U.S. comprising approximately 14% of total revenue for each of the three and six months ended June 30, 2023 and 2022.

(In millions)						Reportable Segments
Type of Revenue						Acceptance						Fintech						Payments						Corporate and Other						Total
Three Months Ended June 30, 2023
Processing						$	1,772					$	414					$	1,213					$	7					$	3,406
Hardware, print and card production						241						11						269						—						521
Professional services						6						117						68						—						191
Software maintenance						—						138						13						—						151
License and termination fees						11						46						44						—						101
Output Solutions postage						—						—						—						255						255
Other						35						58						38						—						131
Total Revenue						$	2,065					$	784					$	1,645					$	262					$	4,756
Three Months Ended June 30, 2022
Processing						$	1,660					$	398					$	1,155					$	6					$	3,219
Hardware, print and card production						215						10						237						—						462
Professional services						5						131						67						—						203
Software maintenance						—						139						5						—						144
License and termination fees						14						68						34						—						116
Output Solutions postage						—						—						—						222						222
Other						7						57						20						—						84
Total Revenue						$	1,901					$	803					$	1,518					$	228					$	4,450

(In millions)						Reportable Segments
Type of Revenue						Acceptance						Fintech						Payments						Corporate and Other						Total
Six Months Ended June 30, 2023
Processing						$	3,326					$	830					$	2,400					$	13					$	6,569
Hardware, print and card production						487						23						556						—						1,066
Professional services						10						229						148						—						387
Software maintenance						—						275						19						—						294
License and termination fees						21						99						73						—						193
Output Solutions postage						—						—						—						528						528
Other						68						120						78						—						266
Total Revenue						$	3,912					$	1,576					$	3,274					$	541					$	9,303
Six Months Ended June 30, 2022
Processing						$	3,063					$	803					$	2,268					$	12					$	6,146
Hardware, print and card production						440						19						473						—						932
Professional services						10						247						129						—						386
Software maintenance						—						277						11						—						288
License and termination fees						28						116						60						—						204
Output Solutions postage						—						—						—						461						461
Other						13						119						39						—						171
Total Revenue						$	3,554					$	1,581					$	2,980					$	473					$	8,588

Contract with customer, asset and liabilities

The following table provides information about contract assets and contract liabilities from contracts with customers:

(In millions)			June 30, 2023						December 31, 2022
Contract assets			$	593					$	551
Contract liabilities			918						860

Schedule of remaining performance obligations

The following table includes estimated processing, services and product revenue expected to be recognized in the future related to performance obligations that were unsatisfied (or partially unsatisfied) at June 30, 2023:

(In millions)
Year Ending December 31,
Remainder of 2023			$	1,170
2024			2,104
2025			1,664
2026			1,106
Thereafter			1,500

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-10

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X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

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- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-SubTopic 10
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-13

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