XML 62 R42.htm IDEA: XBRL DOCUMENT v3.6.0.2

Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Options Granted

A summary of the options granted (all of which vest over three years), outstanding and shares available for grant under the FIS Restated Plan follows (in millions):

	FIS Restated Plan
Available for grant as of December 31, 2014	7
Granted in 2014	3
Outstanding as of December 31, 2015	16
Available for grant as of December 31, 2015	26
Granted in 2016	5
Outstanding as of December 31, 2016	17
Available for grant as of December 31, 2016	21

Schedule of Stock Option Activity

The following schedule summarizes the stock option activity for the years ended December 31, 2016, 2015 and 2014 (in millions except for per share amounts):

	Shares			Weighted Average Exercise Price
Balance, December 31, 2013	14			$	32.49
Granted	4			58.72
Exercised	(3	)		22.69
Cancelled	—			46.21
Balance, December 31, 2014	15			41.56
Granted	3			65.91
Exercised	(2	)		29.67
Cancelled	—			54.08
Balance, December 31, 2015	16			47.19
Granted	5			63.58
Exercised	(3	)		36.15
Cancelled	(1	)		62.25
Balance, December 31, 2016	17			53.21

Summary of Stock Options Outstanding and Exercisable

The following table summarizes information related to stock options outstanding and exercisable as of December 31, 2016:

	Outstanding Options													Exercisable Options
Range of Exercise Price	Number of Options			Weighted Average Remaining Contractual Life		Weighted Average Exercise Price				Intrinsic Value as of December 31, 2016 (a)				Number of Options			Weighted Average Remaining Contractual Life		Weighted Average Exercise Price				Intrinsic Value as of December 31, 2016 (a)
	(In millions)									(In millions)				(In millions)									(In millions)
$  0.00 - $ 25.66	1			1.80		$	24.71			$	73			1			1.80		$	24.71			$	73
$ 25.67 - $ 27.40	1			0.82		27.11				58				1			0.82		27.11				58
$ 27.41 - $ 48.75	4			3.40		45.21				108				4			3.40		45.21				108
$ 48.76 - $ 59.91	3			4.68		58.19				53				2			4.40		58.15				20
$ 59.92 - $ 62.92	4			6.10		62.92				51				—			3.00		62.92				2
$ 62.93 - $ 79.41	4			5.58		66.17				34				—			3.93		64.82				4
$  0.00 - $ 79.41	17			4.42		53.21				$	377			8			2.86		41.74				$	265

_________________________

(a) Intrinsic value is based on a closing stock price as of December 31, 2016 of $75.64.

Schedule of Stock Option Valuation Assumptions

The weighted average fair value of options granted during the years ended December 31, 2016, 2015 and 2014 was estimated to be $9.35, $10.67 and $9.15, respectively, using the Black-Scholes option pricing model with the assumptions below:

	2016			2015			2014
Risk free interest rate	1.2	%		1.4	%		1.4	%
Volatility	20.4	%		21.7	%		21.2	%
Dividend yield	1.6	%		1.6	%		1.6	%
Weighted average expected life (years)	4.2			4.2			4.2

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

+ Details

Name:	us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration