XML 28 R19.htm IDEA: XBRL DOCUMENT v3.23.3
Equity
 9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Equity 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 SharesAmount
(In millions)Common SharesTreasury SharesCommon StockAdditional
Paid-In
Capital		Accumulated
Other
Comprehensive
Loss		Retained
Earnings		Treasury StockNoncontrolling InterestsTotal Equity
Balance at June 30, 2023784 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 compensation76 76 
Shares issued under stock plans(14)19 5 
Purchases of treasury stock9 (1,191)(1,191)
Balance at September 30, 2023784 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 SharesAmount
(In millions)Common Shares
Treasury Shares
Common StockAdditional
Paid-In
Capital		Accumulated
Other
Comprehensive
Loss		Retained
Earnings		Treasury StockTotal Equity
Noncontrolling Interests
Balance at June 30, 2022784 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 compensation89 89 
Shares issued under stock plans
(1)(140)71 (69)
Purchases of treasury stock8 (750)(750)
Balance at September 30, 2022784 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 SharesAmount
(In millions)Common SharesTreasury SharesCommon StockAdditional
Paid-In
Capital		Accumulated
Other
Comprehensive
Loss		Retained
Earnings		Treasury StockNoncontrolling InterestsTotal Equity
Balance at December 31, 2022784 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 compensation275 275 
Shares issued under stock plans
(3)(236)163 (73)
Purchases of treasury stock31 (3,684)(3,684)
Balance at September 30, 2023784 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 SharesAmount
(In millions)Common Shares
Treasury Shares
Common StockAdditional
Paid-In
Capital		Accumulated
Other
Comprehensive
Loss		Retained
Earnings		Treasury StockTotal Equity
Noncontrolling Interests
Balance at December 31, 2021784 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 compensation244 244 
Shares issued under stock plans
(4)(268)194 (74)
Purchases of treasury stock18 (1,750)(1,750)
Capital contribution from noncontrolling interest13 13 
Balance at September 30, 2022784 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.