XML 68 R48.htm IDEA: XBRL DOCUMENT v3.20.4
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of Financial Information for the Company's Segments 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 year ended December 31, 2020 (in millions):
Merchant
Solutions		Banking
Solutions		Capital
Market
Solutions		Corporate
and Other		Total
Revenue$3,767 $5,944 $2,440 $401 $12,552 
Operating expenses(2,320)(3,901)(1,566)(4,213)(12,000)
Depreciation and amortization (including purchase accounting amortization)305 513 273 2,623 3,714 
Acquisition, integration and other costs— — — 858 858 
Asset impairments— — — 136 136 
Adjusted EBITDA$1,752 $2,556 $1,147 $(195)$5,260 
Adjusted EBITDA$5,260 
Depreciation and amortization (964)
Purchase accounting amortization(2,750)
Acquisition, integration and other costs(858)
Asset impairments(136)
Interest expense, net(334)
Other income (expense), net   48 
(Provision) benefit for income taxes(96)
Equity method investment earnings (loss)(6)
Net earnings attributable to noncontrolling interest(6)
Net earnings attributable to FIS common stockholders$158 
Capital expenditures (1)$365 $498 $223 $64 $1,150 
(1) Capital expenditures include $21 million in other financing obligations for certain hardware and software.
As of and for the year ended December 31, 2019 (in millions):
Merchant
Solutions		Banking
Solutions		Capital
Market
Solutions		Corporate
and Other		Total
Revenue$1,942 $5,592 $2,318 $481 $10,333 
Operating expenses(1,090)(3,679)(1,458)(3,137)(9,364)
Depreciation and amortization (including purchase accounting amortization)115 489 213 1,627 2,444 
Acquisition, integration and other costs— — — 704 704 
Asset impairments— — — 87 87 
Adjusted EBITDA$967 $2,402 $1,073 $(238)$4,204 
Adjusted EBITDA$4,204 
Depreciation and amortization(809)
Purchase accounting amortization(1,635)
Acquisition, integration and other costs(704)
Asset impairments(87)
Interest expense, net(337)
Other income (expense), net(219)
(Provision) benefit for income taxes(100)
Equity method investment earnings (loss)(10)
Net earnings attributable to noncontrolling interest(5)
Net earnings attributable to FIS common stockholders$298 
Capital expenditures (1)$141 $612 $266 $24 $1,043 
(1) Capital expenditures include $215 million in other financing obligations for certain hardware and software.

As of and for the year ended December 31, 2018 (in millions):
Merchant
Solutions		Banking
Solutions		Capital
Market
Solutions		Corporate
and Other		Total
Revenue$208 $5,416 $2,258 $541 $8,423 
Operating expenses(170)(3,679)(1,388)(1,728)(6,965)
Depreciation and amortization (including purchase accounting amortization)7 455 154 804 1,420 
Acquisition deferred revenue adjustment— — — 4 4 
Acquisition, integration and other costs— — — 156 156 
Asset impairments— — — 95 95 
Adjusted EBITDA$45 $2,192 $1,024 $(128)3,133 
Adjusted EBITDA$3,133 
Depreciation and amortization(688)
Purchase accounting amortization(732)
Acquisition deferred revenue adjustment(4)
Acquisition, integration and other costs(156)
Asset impairments(95)
Interest expense, net(297)
Other income (expense), net   (57)
(Provision) benefit for income taxes(208)
Equity method investment earnings (loss)(15)
Net earnings attributable to noncontrolling interest(35)
Net earnings attributable to FIS common stockholders$846 
Capital expenditures (1)$10 $471 $202 $30 $713 
(1) Capital expenditures include $91 million in other financing obligations for certain hardware and software.