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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Schedule of Stock Option Activity

The following table summarizes stock option activity for the year ended December 31, 2019 (in millions except for per share amounts):

	Options			Weighted Average Exercise Price				Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Balance, December 31, 2018	10			70.03				4.1		$	337
Options converted through the Worldpay acquisition	3			63.40
Granted	1			113.48
Exercised	(3	)		56.26						$	189
Cancelled	—			89.07
Balance, December 31, 2019	11			$	76.01			4.4		$	745
Options exercisable at December 31, 2019	8			$	66.13			3.4		$	554

Schedule of Stock Option Valuation Assumptions

The weighted average fair value of options granted during the years ended December 31, 2019, 2018 and 2017 was $19.25, $16.07 and $12.78, respectively, using the Black-Scholes option pricing model with the assumptions below:

	2019			2018			2017
Risk free interest rate	2.2	%		2.5	%		1.8	%
Volatility	20.1	%		19.2	%		20.1	%
Dividend yield	1.2	%		1.3	%		1.4	%
Weighted average expected life (years)	4.1			4.2			4.2

Restricted Stock Unit, Activity

The following table summarizes the restricted stock shares activity for the year ended December 31, 2019 (in millions except for per share amounts):

		Quantity			Weighted Average Fair Value
Balance, December 31, 2018		1			$	87.98
Shares converted through the Worldpay acquisition		4			$	133.69
Granted		2			$	124.72
Vested		(1	)		$	108.84
Forfeited		—			$	117.04
Balance, December 31, 2019		6			$	127.23

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Tabular disclosure of share-based payment arrangement.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
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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.

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-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 2
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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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