XML 46 R29.htm IDEA: XBRL DOCUMENT v3.20.1

Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Segment Information

Summarized financial information for the Company’s segments is shown in the following tables. The Company does not evaluate performance or allocate resources based on segment asset data; therefore, such information is not presented.

As of and for the three months ended March 31, 2020 (in millions):

															Capital
			Merchant						Banking						Market						Corporate
			Solutions						Solutions						Solutions						and Other						Total
Revenue			$	935					$	1,462					$	631					$	50					$	3,078
Operating expenses			597						981						414						978						2,970
Depreciation and amortization (including purchase accounting amortization)			84						133						63						634						914
EBITDA			422						614						280						(294)						1,022
Acquisition, integration and other costs			—						—						—						225						225
Adjusted EBITDA			$	422					$	614					$	280					$	(69)					$	1,247
EBITDA																											$	1,022
Interest expense, net																											80
Depreciation and amortization																											230
Purchase accounting amortization																											684
Other income (expense) unallocated																											(40)
Provision (benefit) for income taxes																											(30)
Net earnings attributable to noncontrolling interest																											3
Net earnings attributable to FIS common stockholders																											$	15
Capital expenditures			$	106					$	137					$	59					$	4					$	306

As of and for the three months ended March 31, 2019 (in millions):

															Capital
			Merchant						Banking						Market						Corporate
			Solutions						Solutions						Solutions						and Other						Total
Revenue			$	50					$	1,373					$	572					$	62					$	2,057
Operating expenses			43						939						385						375						1,742
Depreciation and amortization (including purchase accounting amortization)			3						124						52						189						368
EBITDA			10						558						239						(124)						683
Acquisition, integration and other costs			—						—						—						46						46
Adjusted EBITDA			$	10					$	558					$	239					$	(78)					$	729
EBITDA																											$	683
Interest expense, net																											75
Depreciation and amortization																											195
Purchase accounting amortization																											173
Other income (expense) unallocated																											(59)
Provision (benefit) for income taxes																											32
Net earnings attributable to noncontrolling interest																											1
Net earnings attributable to FIS common stockholders																											$	148
Capital expenditures (1)			$	2					$	115					$	59					$	3					$	179

(1)Capital expenditures for the three months ended March 31, 2019, include $34 million in other financing obligations for certain hardware and software.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

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

X

- References

No definition available.

+ Details

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