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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,826 $ 1,152
Settlement deposits and merchant float 2,840 2,882
Trade receivables, net of allowance for credit losses of $66 and $60 at September 30, 2020 and December 31, 2019, respectively 3,146 3,242
Contract assets 164 124
Settlement receivables 774 647
Other receivables 361 337
Prepaid expenses and other current assets 823 308
Total current assets 9,934 8,692
Property and equipment, net 914 900
Goodwill 52,567 52,242
Intangible assets, net 14,224 15,798
Software, net 3,301 3,204
Other noncurrent assets 1,404 2,303
Deferred contract costs, net 851 667
Total assets 83,195 83,806
Current liabilities:    
Accounts payable, accrued and other liabilities 2,586 2,374
Settlement payables 4,438 4,228
Deferred revenue 775 817
Short-term borrowings 3,144 2,823
Current portion of long-term debt 1,832 140
Total current liabilities 12,775 10,382
Long-term debt, excluding current portion 15,213 17,229
Deferred income taxes 4,172 4,281
Other noncurrent liabilities 1,768 2,406
Deferred revenue 46 52
Total liabilities 33,974 34,350
Redeemable noncontrolling interest 176 0
FIS stockholders’ equity:    
Preferred stock $0.01 par value; 200 shares authorized, none issued and outstanding at September 30, 2020 and December 31, 2019 0 0
Common stock $0.01 par value, 750 shares authorized, 621 and 615 shares issued at September 30, 2020 and December 31, 2019, respectively 6 6
Additional paid in capital 45,821 45,358
Retained earnings 3,556 4,161
Accumulated other comprehensive earnings (loss) (212) (33)
Treasury stock, $0.01 par value, 1 common shares as of September 30, 2020 and less than 1 as of December 31, 2019, respectively, at cost (140) (52)
Total FIS stockholders’ equity 49,031 49,440
Noncontrolling interest 14 16
Total equity 49,045 49,456
Total liabilities, redeemable noncontrolling interest and equity $ 83,195 $ 83,806