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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2025
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 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 in the U.S., with revenue generated within its EMEA, LATAM and APAC regions comprising approximately 14% and 15% of total revenue for the three months ended March 31, 2025 and 2024, respectively.
(In millions)
Three Months Ended March 31,
Revenue by Business Line
20252024
Small Business$1,594 $1,488 
Enterprise502 463 
Processing276 302 
Total Merchant Solutions segment revenue$2,372 $2,253 
Digital Payments
$995 $920 
Issuing
814 761 
Banking
608 604 
Total Financial Solutions segment revenue$2,417 $2,285 
Corporate and Other$341 $345 
Total Revenue
$5,130 $4,883 
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, 2025December 31, 2024
Contract assets$843 $832 
Contract liabilities1,103 1,082 
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, 2025:
(In millions)
Year Ending December 31,
Remainder of 2025$1,878 
20262,038 
20271,492 
2028969 
Thereafter986