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Revenue Recognition (Tables)
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue The table below presents the Company’s revenue disaggregated by business line, including a reconciliation with its reportable segments. The Company’s disaggregation of revenue for the three months ended March 31, 2023 has been recast to reflect the Segment Realignment. The Company serves its global client base by working among its geographic teams across various regions, including the U.S. and Canada; Europe, Middle East and Africa (“EMEA”); Latin America (“LATAM”); and Asia Pacific (“APAC”). The majority of the Company’s revenue is earned domestically, with revenue generated within its EMEA, LATAM and APAC regions comprising approximately 15% and 13% of total revenue for the three months ended March 31, 2024 and 2023, respectively.
(In millions)
Three Months Ended March 31,
Revenue by Business Line
20242023
Small Business$1,488 $1,285 
Enterprise463 437 
Processing302 274 
Total Merchant segment revenue
$2,253 $1,996 
Digital Payments
$920 $873 
Issuing
761 731 
Banking
604 619 
Total Financial segment revenue
$2,285 $2,223 
Corporate and Other$345 $328 
Total Revenue
$4,883 $4,547 
Contract with customer, asset and liabilities
The following table provides information about contract assets and contract liabilities from contracts with customers:
(In millions)March 31, 2024December 31, 2023
Contract assets$784 $754 
Contract liabilities1,026 1,011 
Schedule of remaining performance obligations
The following table includes estimated processing and services revenue expected to be recognized in the future related to performance obligations that were unsatisfied (or partially unsatisfied) at March 31, 2024:
(In millions)
Year Ending December 31,
Remainder of 2024$1,828 
20252,053 
20261,505 
2027965 
Thereafter1,071