XML 53 R33.htm IDEA: XBRL DOCUMENT v3.20.4
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Schedule of Business Acquisition Purchase Price
The total purchase price was as follows (in millions):
Cash consideration$3,423 
Value of FIS share consideration (1)38,635 
Pay-off of Worldpay long-term debt not contractually assumed5,738 
Value of outstanding converted equity awards attributed to services already rendered449 
Total purchase price$48,245 
(1) Worldpay shareholders received approximately 289 million shares of FIS common stock valued based on the share price of $133.69 per share, the closing price of the Company's common stock on the New York Stock Exchange on July 30, 2019.
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The final purchase price allocation is as follows (in millions):

Cash acquired$305 
Settlement deposits and merchant float (1)2,444 
Trade receivables1,594 
Goodwill38,057 
Intangible assets13,682 
Computer software1,297 
Other noncurrent assets (2)1,641 
Accounts payable, accrued and other liabilities(1,021)
Settlement payables(3,167)
Deferred income taxes(2,860)
Long-term debt, subsequently repaid(1,805)
Other liabilities and noncontrolling interest (3)(1,922)
Total purchase price$48,245 
(1)Includes $1,693 million of merchant float.
(2)Includes $534 million of other restricted cash.
(3)Includes $542 million of noncurrent tax receivable agreement liability (see Note 16) and $875 million contingent value rights liability (see Note 11).
Business Acquisition, Pro Forma Information
Unaudited supplemental pro forma results of operations for the years ended December 31, 2019 and 2018, assuming the acquisition had occurred as of January 1, 2018, are presented below (in millions, except per share amounts):
Year ended December 31,
20192018
Revenue$12,724 $12,373 
Net earnings (loss) attributable to FIS common stockholders$254 $(57)
Net earnings (loss) per share-basic attributable to FIS common stockholders$0.41 $(0.09)
Net earnings (loss) per share-diluted attributable to FIS common stockholders$0.41 $(0.09)