XML 54 R44.htm IDEA: XBRL DOCUMENT v3.25.3

Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of segment reporting information

Operating results for each reportable segment were as follows:

			Reportable Segments
(In millions)			Merchant						Financial						Total
Three Months Ended September 30, 2025
Revenues:
Processing and services revenue			$	2,274					$	1,999
Product revenue			312						334
Reportable segment revenue			$	2,586					$	2,333					$	4,919
Corporate and Other revenue (1)															344
Total Company revenue															$	5,263
Expenses:
Personnel expenses (2)			352						498
Direct costs (3)			886						200
Depreciation and amortization expense			111						128
Other operating expense (4)			120						162
Allocations from Corporate and Other (5)			155						354
Reportable segment operating income			$	962					$	991					$	1,953
Corporate and Other operating loss (6)															(517)
Interest expense, net															(422)
Other expense, net (7)															(50)
Income before income taxes and income (loss) from investments in unconsolidated affiliates															$	964

			Reportable Segments
(In millions)			Merchant						Financial						Total
Three Months Ended September 30, 2024
Revenues:
Processing and services revenue			$	2,198					$	2,036
Product revenue			271						376
Reportable segment revenue			$	2,469					$	2,412					$	4,881
Corporate and Other revenue (1)															334
Total Company revenue															$	5,215
Expenses:
Personnel expenses (2)			325						496
Direct costs (3)			792						191
Depreciation and amortization expense			92						118
Other operating expense (4)			172						96
Allocations from Corporate and Other (5)			157						368
Reportable segment operating income			$	931					$	1,143					$	2,074
Corporate and Other operating loss (6)															(472)
Interest expense, net															(326)
Other expense, net (7)															(5)
Income before income taxes and income (loss) from investments in unconsolidated affiliates															$	1,271

			Reportable Segments
(In millions)			Merchant						Financial						Total
Nine Months Ended September 30, 2025
Revenues:
Processing and services revenue			$	6,612					$	6,010
Product revenue			990						1,292
Reportable segment revenue			$	7,602					$	7,302					$	14,904
Corporate and Other revenue (1)															1,005
Total Company revenue															$	15,909
Expenses:
Personnel expenses (2)			1,031						1,500
Direct costs (3)			2,606						608
Depreciation and amortization expense			320						377
Other operating expense (4)			470						338
Allocations from Corporate and Other (5)			489						1,096
Reportable segment operating income			$	2,686					$	3,383					$	6,069
Corporate and Other operating loss (6)															(1,542)
Interest expense, net															(1,118)
Other expense, net (7)															(107)
Income before income taxes and income (loss) from investments in unconsolidated affiliates															$	3,302

			Reportable Segments
(In millions)			Merchant						Financial						Total
Nine Months Ended September 30, 2024
Revenues:
Processing and services revenue			$	6,340					$	6,024
Product revenue			792						1,052
Reportable segment revenue			$	7,132					$	7,076					$	14,208
Corporate and Other revenue (1)															997
Total Company revenue															$	15,205
Expenses:
Personnel expenses (2)			1,013						1,466
Direct costs (3)			2,325						556
Depreciation and amortization expense			272						348
Other operating expense (4)			469						306
Allocations from Corporate and Other (5)			471						1,156
Reportable segment operating income			$	2,582					$	3,244					$	5,826
Corporate and Other operating loss (6)															(1,615)
Interest expense, net															(872)
Other expense, net (7)															(17)
Income before income taxes and income (loss) from investments in unconsolidated affiliates															$	3,322

(1)Primarily includes postage reimbursements.

(2)Includes compensation and benefit costs of Company employees, as well as expenses paid to third parties for consulting and temporary help, net of capitalized software costs.

(3)Includes cost of goods sold, residual payments to channel partners and other reselling costs.

(4)Includes data processing, facility, and marketing costs that are directly charged to the reportable segments. Includes in the Merchant

segment a gain of $89 million related to the distribution of certain merchant contracts for the redemption of a minority partner’s membership interest in the third quarter and first nine months of 2025 (see Note 11).

(5)Represents centrally-managed costs, including sales, technology and administrative expenses, that are allocated to the reportable segments from Corporate and Other and are considered in the CODM’s evaluation of segment performance.

(6)Includes amortization of acquisition-related intangible assets; costs associated with acquisition and divestiture activity; unallocated corporate expenses; and gains or losses on sales of businesses.

(7)Includes foreign currency transaction gains and losses, gains or losses from a sale or change in fair value of investments in certain equity securities, and amounts related to debt guarantee arrangements of certain equity method investments.

Other significant items include:

			Three Months Ended September 30,												Nine Months Ended September 30,
(In millions)			2025						2024						2025						2024
Depreciation and amortization:
Merchant (1)			$	128					$	114					$	367					$	320
Financial (1)			169						160						504						470
Corporate and Other (2)			503						515						1,521						1,580
Total Company			$	800					$	789					$	2,392					$	2,370
Capital expenditures, including capitalized software and other intangibles:
Merchant			$	167					$	147					$	412					$	404
Financial			181						153						493						456
Corporate and Other			159						102						416						310
Total Company			$	507					$	402					$	1,321					$	1,170

(1)Includes amortization associated with commissions, residual buyouts and deferred conversion costs included within personnel expenses, direct costs and other operating expenses, respectively, in the segment operating results tables above.

(2)Primarily includes amortization of acquisition-related intangible assets, such as customer relationships, software/technology and trade names.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration