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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,959 $ 1,152
Settlement deposits and merchant float 3,252 2,882
Trade receivables, net of allowance for credit losses of $82 and $60, respectively 3,314 3,242
Contract assets 140 124
Settlement receivables 662 647
Other receivables 317 337
Prepaid expenses and other current assets 254 308
Total current assets 9,898 8,692
Property and equipment, net 887 900
Goodwill 53,268 52,242
Intangible assets, net 13,928 15,798
Software, net 3,370 3,204
Other noncurrent assets 1,574 2,303
Deferred contract costs, net 917 667
Total assets 83,842 83,806
Current liabilities:    
Accounts payable, accrued and other liabilities 2,482 2,374
Settlement payables 4,934 4,228
Deferred revenue 881 817
Short-term borrowings 2,750 2,823
Current portion of long-term debt 1,314 140
Total current liabilities 12,361 10,382
Long-term debt, excluding current portion 15,951 17,229
Deferred income taxes 4,017 4,281
Other noncurrent liabilities 1,967 2,406
Deferred revenue 59 52
Total liabilities 34,355 34,350
Redeemable noncontrolling interest 174 0
FIS stockholders’ equity:    
Preferred stock, $0.01 par value, 200 shares authorized, none issued and outstanding as of December 31, 2020 and 2019 0 0
Common stock, $0.01 par value, 750 shares authorized, 621 and 615 shares issued as of December 31, 2020 and 2019, respectively 6 6
Additional paid in capital 45,947 45,358
Retained earnings 3,440 4,161
Accumulated other comprehensive earnings (loss) 57 (33)
Treasury stock, $0.01 par value, 1 and less than 1 common shares as of December 31, 2020 and 2019, respectively, at cost (150) (52)
Total FIS stockholders’ equity 49,300 49,440
Noncontrolling interest 13 16
Total equity 49,313 49,456
Total liabilities, redeemable noncontrolling interest and equity $ 83,842 $ 83,806