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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Swap Transactions
As of December 31, 2016, we have entered into the following interest rate swap transaction converting a portion of the interest rate exposure on our Term and Revolving Loans from variable to fixed (in millions):
 
Effective date
 
Termination date
 
Notional amount
 
Bank pays
variable rate of
 
FIS pays
 fixed rate of
 
January 4, 2016
 
January 1, 2018
 
$
500

 
One Month LIBOR (1)
 
0.92
%
(2)
___________________________________
(1)
0.77% in effect as of December 31, 2016.
(2)
Does not include the applicable margin and facility fees paid to lenders on Term and Revolving Loans as described above.
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
A summary of the fair value of the Company’s interest rate derivative instruments is as follows (in millions):
 
December 31, 2016
 
December 31, 2015
 
Balance sheet location
 
Fair
value
 
Balance sheet location
 
Fair
value
Interest rate swap contracts
Other noncurrent assets
 
$

 
Other noncurrent assets
 
$
1

Interest rate swap contracts
Accounts payable and accrued liabilities
 

 
Accounts payable and accrued liabilities
 

Interest rate swap contracts
Other long-term liabilities
 

 
Other long-term liabilities
 
1

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
A summary of the effect of derivative instruments on the Consolidated Statements of Comprehensive Earnings and recognized in AOCE for the years ended December 31, 2016, 2015 and 2014 are as follows (in millions):

 
 
Amount of gain (loss) recognized
in AOCE on derivatives
Derivatives in cash flow hedging relationships
 
2016
 
2015
 
2014
Interest rate derivative contracts
 
$
(7
)
 
$
(17
)
 
$
(4
)

 
 
Amount of gain (loss) reclassified
from AOCE into income
Location of gain (loss) reclassified from AOCE into income
 
2016
 
2015
 
2014
Interest expense
 
$
(9
)
 
$
(4
)
 
$
(6
)