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Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 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% of total revenue for both the three and six months ended June 30, 2024 and 14% of total revenue for both the three and six months ended June 30, 2023.
(In millions)
Three Months Ended June 30,Six Months Ended June 30,
Revenue by Business Line
2024202320242023
Small Business$1,604 $1,424 $3,092 $2,709 
Enterprise542 495 1,005 932 
Processing264 287 566 561 
Total Merchant segment revenue
$2,410 $2,206 $4,663 $4,202 
Digital Payments
$987 $911 $1,907 $1,784 
Issuing
766 730 1,527 1,461 
Banking
626 604 1,230 1,223 
Total Financial segment revenue
$2,379 $2,245 $4,664 $4,468 
Corporate and Other$318 $305 $663 $633 
Total Revenue
$5,107 $4,756 $9,990 $9,303 
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, 2024December 31, 2023
Contract assets$828 $754 
Contract liabilities1,043 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 June 30, 2024:
(In millions)
Year Ending December 31,
Remainder of 2024$1,233 
20252,150 
20261,596 
20271,082 
Thereafter1,184