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Equity (Tables) | 9 Months Ended
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Sep. 30, 2023
Equity [Abstract] |
Schedule of stockholders equity | The following tables provide changes in equity during the three and nine months ended September 30, 2023 and 2022:
| Fiserv, Inc. Shareholders’ Equity |  |
Three Months Ended September 30, 2023 | Number of Shares |  | Amount
(In millions) | Common Shares | Treasury Shares |  | Common Stock | Additional Paid-In Capital | Accumulated Other Comprehensive Loss | Retained Earnings | Treasury Stock | Noncontrolling Interests | Total Equity
Balance at June 30, 2023 | 784 |  | 173 |  |  | $ | 8 |  | $ | 22,988 |  | $ | (900) |  | $ | 18,622 |  | $ | (10,727) |  | $ | 725 |  | $ | 30,716 |
Net income (1) |  |  |  |  |  |  | 952 |  |  | 11 |  | 963 |
Distributions paid to noncontrolling interests (2) |  |  |  |  |  |  |  |  | (2) |  | (2) |
Acquisition of noncontrolling interest of consolidated subsidiary (3) |  |  |  |  | 6 |  |  |  |  | (65) |  | (59) |
Other comprehensive loss |  |  |  |  |  | (266) |  |  |  | (17) |  | (283) |
Share-based compensation |  |  |  |  | 76 |  |  |  |  |  | 76 |
Shares issued under stock plans |  |  |  |  | (14) |  |  |  | 19 |  |  | 5 |
Purchases of treasury stock |  | 9 |  |  |  |  |  |  | (1,191) |  |  | (1,191) |
Balance at September 30, 2023 | 784 |  | 182 |  |  | $ | 8 |  | $ | 23,056 |  | $ | (1,166) |  | $ | 19,574 |  | $ | (11,899) |  | $ | 652 |  | $ | 30,225 |
(1)The total net income presented in equity for the three months ended September 30, 2023 is different than the amount presented in the consolidated statement of income due to the net income attributable to redeemable noncontrolling interests of $6 million not included in equity. (2)The total distributions presented in equity for the three months ended September 30, 2023 excludes $6 million in distributions paid to redeemable noncontrolling interests not included in equity. (3)The Company acquired the remaining 49% ownership interest in European Merchant Services B.V., a Netherlands-based merchant acceptance business, during the three months ended September 30, 2023. The Company previously held a majority controlling financial interest in this consolidated subsidiary.
| Fiserv, Inc. Shareholders’ Equity |  |
Three Months Ended September 30, 2022 | Number of Shares |  | Amount
(In millions) | Common Shares | Treasury Shares |  | Common Stock | Additional Paid-In Capital | Accumulated Other Comprehensive Loss | Retained Earnings | Treasury Stock |  | Total Equity
Noncontrolling Interests
Balance at June 30, 2022 | 784 |  | 141 |  |  | $ | 8 |  | $ | 23,010 |  | $ | (1,005) |  | $ | 16,113 |  | $ | (7,017) |  | $ | 700 |  | $ | 31,809 |
Net income (1) |  |  |  |  |  |  | 481 |  |  | 5 |  | 486 |
Distributions paid to noncontrolling interests (2) |  |  |  |  |  |  |  |  | (1) |  | (1) |
Other comprehensive loss |  |  |  |  |  | (534) |  |  |  | (48) |  | (582) |
Share-based compensation |  |  |  |  | 89 |  |  |  |  |  | 89 |
Shares issued under stock plans |  | (1) |  |  |  | (140) |  |  |  | 71 |  |  | (69) |
Purchases of treasury stock |  | 8 |  |  |  |  |  |  | (750) |  |  | (750) |
Balance at September 30, 2022 | 784 |  | 148 |  |  | $ | 8 |  | $ | 22,959 |  | $ | (1,539) |  | $ | 16,594 |  | $ | (7,696) |  | $ | 656 |  | $ | 30,982 |
(1)The total net income presented in equity for the three months ended September 30, 2022 is different than the amount presented in the consolidated statement of income due to the net income attributable to redeemable noncontrolling interests of $7 million not included in equity. (2)The total distributions presented in equity for the three months ended September 30, 2022 excludes $7 million in distributions paid to redeemable noncontrolling interests not included in equity.
| Fiserv, Inc. Shareholders’ Equity |  |
Nine Months Ended September 30, 2023 | Number of Shares |  | Amount
(In millions) | Common Shares | Treasury Shares |  | Common Stock | Additional Paid-In Capital | Accumulated Other Comprehensive Loss | Retained Earnings | Treasury Stock | Noncontrolling Interests | Total Equity
Balance at December 31, 2022 | 784 |  | 154 |  |  | $ | 8 |  | $ | 23,011 |  | $ | (1,189) |  | $ | 17,376 |  | $ | (8,378) |  | $ | 699 |  | $ | 31,527 |
Net income (1) |  |  |  |  |  |  | 2,198 |  |  | 23 |  | 2,221 |
Distributions paid to noncontrolling interests (2) |  |  |  |  |  |  |  |  | (3) |  | (3) |
Acquisition of noncontrolling interest of consolidated subsidiary (3) |  |  |  |  | 6 |  |  |  |  | (65) |  | (59) |
Other comprehensive income (loss) |  |  |  |  |  | 23 |  |  |  | (2) |  | 21 |
Share-based compensation |  |  |  |  | 275 |  |  |  |  |  | 275 |
Shares issued under stock plans |  | (3) |  |  |  | (236) |  |  |  | 163 |  |  | (73) |
Purchases of treasury stock |  | 31 |  |  |  |  |  |  | (3,684) |  |  | (3,684) |
Balance at September 30, 2023 | 784 |  | 182 |  |  | $ | 8 |  | $ | 23,056 |  | $ | (1,166) |  | $ | 19,574 |  | $ | (11,899) |  | $ | 652 |  | $ | 30,225 |
(1)The total net income presented in equity for the nine months ended September 30, 2023 is different than the amount presented in the consolidated statement of income due to the net income attributable to redeemable noncontrolling interests of $19 million not included in equity. (2)The total distributions presented in equity for the nine months ended September 30, 2023 excludes $19 million in distributions paid to redeemable noncontrolling interests not included in equity. (3)The Company acquired the remaining 49% ownership interest in European Merchant Services B.V., a Netherlands-based merchant acceptance business, during the nine months ended September 30, 2023. The Company previously held a majority controlling financial interest in this consolidated subsidiary.
| Fiserv, Inc. Shareholders’ Equity |  |
Nine Months Ended September 30, 2022 | Number of Shares |  | Amount
(In millions) | Common Shares | Treasury Shares |  | Common Stock | Additional Paid-In Capital | Accumulated Other Comprehensive Loss | Retained Earnings | Treasury Stock |  | Total Equity
Noncontrolling Interests
Balance at December 31, 2021 | 784 |  | 134 |  |  | $ | 8 |  | $ | 22,983 |  | $ | (745) |  | $ | 14,846 |  | $ | (6,140) |  | $ | 720 |  | $ | 31,672 |
Net income (1) |  |  |  |  |  |  | 1,748 |  |  | 14 |  | 1,762 |
Distributions paid to noncontrolling interests (2) |  |  |  |  |  |  |  |  | (2) |  | (2) |
Other comprehensive loss |  |  |  |  |  | (794) |  |  |  | (89) |  | (883) |
Share-based compensation |  |  |  |  | 244 |  |  |  |  |  | 244 |
Shares issued under stock plans |  | (4) |  |  |  | (268) |  |  |  | 194 |  |  | (74) |
Purchases of treasury stock |  | 18 |  |  |  |  |  |  | (1,750) |  |  | (1,750) |
Capital contribution from noncontrolling interest |  |  |  |  |  |  |  |  | 13 |  | 13 |
Balance at September 30, 2022 | 784 |  | 148 |  |  | $ | 8 |  | $ | 22,959 |  | $ | (1,539) |  | $ | 16,594 |  | $ | (7,696) |  | $ | 656 |  | $ | 30,982 |
(1)The total net income presented in equity for the nine months ended September 30, 2022 is different than the amount presented in the consolidated statement of income due to the net income attributable to redeemable noncontrolling interests of $22 million not included in equity. (2)The total distributions presented in equity for the nine months ended September 30, 2022 excludes $28 million in distributions paid to redeemable noncontrolling interests not included in equity.

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2 + Details
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