XML 23 R12.htm IDEA: XBRL DOCUMENT
v3.19.1

Revenue | 3 Months Ended
--- | ---
Mar. 31, 2019
Revenue from Contract with Customer [Abstract] |
Revenue | Revenue Disaggregation of Revenue In the following tables, revenue is disaggregated by primary geographical market, type of revenue, and recurring nature of revenue recognized. The tables also include a reconciliation of the disaggregated revenue with the Company’s reportable segments. For the three months ended March 31, 2019 (in millions):
|  | Reportable Segments
|  |  |  |  |  | Corporate |  |
|  | IFS |  | GFS |  | and Other |  | Total
Primary Geographical Markets: |  |  |  |  |  |  |  |
North America |  | $ | 1,086 |  |  | $ | 441 |  |  | $ | 52 |  |  | $ | 1,579 |
All others |  | 43 |  |  | 422 |  |  | 13 |  |  | 478 |
Total |  | $ | 1,129 |  |  | $ | 863 |  |  | $ | 65 |  |  | $ | 2,057 |
Type of Revenue: |  |  |  |  |  |  |  |
Processing and services |  | $ | 911 |  |  | $ | 463 |  |  | $ | 60 |  |  | $ | 1,434 |
License and software related |  | 85 |  |  | 250 |  |  | — |  |  | 335 |
Professional services |  | 41 |  |  | 146 |  |  | 2 |  |  | 189 |
Hardware and other |  | 92 |  |  | 4 |  |  | 3 |  |  | 99 |
Total |  | $ | 1,129 |  |  | $ | 863 |  |  | $ | 65 |  |  | $ | 2,057 |
Recurring Nature of Revenue Recognition: |  |  |  |  |  |  |  |
Recurring fees |  | $ | 993 |  |  | $ | 617 |  |  | $ | 60 |  |  | $ | 1,670 |
Non-recurring fees |  | 136 |  |  | 246 |  |  | 5 |  |  | 387 |
Total |  | $ | 1,129 |  |  | $ | 863 |  |  | $ | 65 |  |  | $ | 2,057 |
For the three months ended March 31, 2018 (in millions):
|  | Reportable Segments
|  |  |  |  |  | Corporate |  |
|  | IFS |  | GFS |  | and Other |  | Total
Primary Geographical Markets: |  |  |  |  |  |  |  |
North America |  | $ | 1,017 |  |  | $ | 453 |  |  | $ | 64 |  |  | $ | 1,534 |
All others |  | 44 |  |  | 474 |  |  | 14 |  |  | 532 |
Total |  | $ | 1,061 |  |  | $ | 927 |  |  | $ | 78 |  |  | $ | 2,066 |
Type of Revenue: |  |  |  |  |  |  |  |
Processing and services |  | $ | 896 |  |  | $ | 542 |  |  | $ | 75 |  |  | $ | 1,513 |
License and software related |  | 86 |  |  | 247 |  |  | — |  |  | 333 |
Professional services |  | 37 |  |  | 138 |  |  | 2 |  |  | 177 |
Hardware and other |  | 42 |  |  | — |  |  | 1 |  |  | 43 |
Total |  | $ | 1,061 |  |  | $ | 927 |  |  | $ | 78 |  |  | $ | 2,066 |
Recurring Nature of Revenue Recognition: |  |  |  |  |  |  |  |
Recurring fees |  | $ | 951 |  |  | $ | 699 |  |  | $ | 75 |  |  | $ | 1,725 |
Non-recurring fees |  | 110 |  |  | 228 |  |  | 3 |  |  | 341 |
Total |  | $ | 1,061 |  |  | $ | 927 |  |  | $ | 78 |  |  | $ | 2,066 |
Contract Balances The Company recognized revenue of $321 million and $282 million during the three months ended March 31, 2019 and 2018, respectively, that was included in the corresponding deferred revenue balance at the beginning of the periods. Transaction Price Allocated to the Remaining Performance Obligations As of March 31, 2019, approximately $20.0 billion of revenue is estimated to be recognized in the future from the Company’s remaining unfulfilled performance obligations, which are primarily comprised of recurring account- and volume-based processing services. This excludes the amount of anticipated recurring renewals not yet contractually obligated. The Company expects to recognize approximately 35% of our remaining performance obligations over the next 12 months, approximately another 25% over the next 13 to 24 months, and the balance thereafter.

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration