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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,305 $ 703
Settlement deposits and merchant float 3,476 700
Trade receivables, net of allowance for doubtful accounts of $37 and $17 as of September 30, 2019 and December 31, 2018, respectively 3,065 1,472
Contract assets 153 123
Settlement receivables 755 281
Other receivables 269 166
Prepaid expenses and other current assets 302 288
Total current assets 9,325 3,733
Property and equipment, net 811 587
Goodwill 51,890 13,545
Intangible assets, net 16,083 3,132
Computer software, net 3,025 1,795
Other noncurrent assets 1,996 503
Deferred contract costs, net 588 475
Total assets 83,718 23,770
Current liabilities:    
Accounts payable, accrued and other liabilities 2,143 1,099
Settlement payables 4,791 972
Deferred revenue 719 739
Short-term borrowings 3,169 267
Current portion of long-term debt 79 48
Total current liabilities 10,901 3,125
Long-term debt, excluding current portion 16,945 8,670
Deferred income taxes 4,198 1,360
Other long-term liabilities 2,411 326
Deferred revenue 51 67
Total liabilities 34,506 13,548
FIS stockholders’ equity:    
Preferred stock, $0.01 par value, 200 shares authorized, none issued and outstanding as of September 30, 2019 and December 31, 2018 0 0
Common stock, $0.01 par value, 750 and 600 shares authorized, 615 and 433 shares issued as of September 30, 2019 and December 31, 2018 6 4
Additional paid in capital 45,063 10,800
Retained earnings 4,538 4,528
Accumulated other comprehensive earnings (loss) (391) (430)
Treasury stock, $0.01 par value, less than 1 and 106 common shares as of September 30, 2019 and December 31, 2018, respectively, at cost (21) (4,687)
Total FIS stockholders’ equity 49,195 10,215
Noncontrolling interest 17 7
Total equity 49,212 10,222
Total liabilities and equity $ 83,718 $ 23,770