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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,039 $ 1,959
Settlement deposits and merchant float 2,919 3,252
Trade receivables, net of allowance for credit losses of $82 and $82, respectively 3,508 3,314
Settlement receivables 703 662
Other receivables 470 317
Prepaid expenses and other current assets 466 394
Total current assets 9,105 9,898
Property and equipment, net 863 887
Goodwill 53,069 53,268
Intangible assets, net 13,315 13,928
Software, net 3,382 3,370
Other noncurrent assets 1,624 1,574
Deferred contract costs, net 959 917
Total assets 82,317 83,842
Current liabilities:    
Accounts payable, accrued and other liabilities 2,370 2,482
Settlement payables 4,735 4,934
Deferred revenue 964 881
Short-term borrowings 2,537 2,750
Current portion of long-term debt 602 1,314
Total current liabilities 11,208 12,361
Long-term debt, excluding current portion 16,300 15,951
Deferred income taxes 4,115 4,017
Other noncurrent liabilities 1,986 1,967
Deferred revenue 59 59
Total liabilities 33,668 34,355
Redeemable noncontrolling interest 175 174
FIS stockholders’ equity:    
Preferred stock $0.01 par value; 200 shares authorized, none issued and outstanding at March 31, 2021 and December 31, 2020 0 0
Common stock $0.01 par value, 750 shares authorized, 624 and 621 shares issued as of March 31, 2021 and December 31, 2020, respectively 6 6
Additional paid in capital 46,152 45,947
Retained earnings 2,823 3,440
Accumulated other comprehensive earnings (loss) 124 57
Treasury stock, $0.01 par value, 4 and 1 common shares as of March 31, 2021 and December 31, 2020, respectively, at cost (645) (150)
Total FIS stockholders’ equity 48,460 49,300
Noncontrolling interest 14 13
Total equity 48,474 49,313
Total liabilities, redeemable noncontrolling interest and equity $ 82,317 $ 83,842