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Revenue
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue

In the following tables, revenue is disaggregated by primary geographical market and type of revenue. The tables also include a reconciliation of the disaggregated revenue with the Company's reportable segments.
For the three months ended September 30, 2022 (in millions):
Capital
BankingMerchantMarketCorporate
SolutionsSolutionsSolutionsand OtherTotal
Primary Geographical Markets:
North America$1,416 $845 $409 $59 $2,729 
All others264 335 262 14 875 
Total$1,680 $1,180 $671 $73 $3,604 
Type of Revenue:
Recurring revenue:
Transaction processing and services$1,244 $1,151 $336 $66 $2,797 
Software maintenance85 1 128 — 214 
Other recurring55 20 24 — 99 
Total recurring1,384 1,172 488 66 3,110 
Software license60 7 75 — 142 
Professional services150 — 107 1 258 
Other non-recurring fees86 1 1 6 94 
Total$1,680 $1,180 $671 $73 $3,604 

For the three months ended September 30, 2021 (in millions):
Capital
BankingMerchantMarketCorporate
SolutionsSolutionsSolutionsand OtherTotal
Primary Geographical Markets:
North America$1,369 $803 $398 $50 $2,620 
All others241 358 256 32 887 
Total$1,610 $1,161 $654 $82 $3,507 
Type of Revenue:
Recurring revenue:
Transaction processing and services$1,200 $1,121 $297 $77 $2,695 
Software maintenance90 1 128 — 219 
Other recurring47 22 23 3 95 
Total recurring1,337 1,144 448 80 3,009 
Software license28 5 91 — 124 
Professional services151 — 115 1 267 
Other non-recurring fees94 12 — 1 107 
Total$1,610 $1,161 $654 $82 $3,507 
For the nine months ended September 30, 2022 (in millions):

Capital
BankingMerchantMarketCorporate
SolutionsSolutionsSolutionsand OtherTotal
Primary Geographical Markets:
North America$4,248 $2,586 $1,184 $173 $8,191 
All others740 1,009 808 66 2,623 
Total$4,988 $3,595 $1,992 $239 $10,814 
Type of Revenue:
Recurring revenue:
Transaction processing and services$3,740 $3,515 $982 $209 $8,446 
Software maintenance259 2 386 1 648 
Other recurring157 66 72 1 296 
Total recurring4,156 3,583 1,440 211 9,390 
Software license112 9 222 — 343 
Professional services444 — 326 4 774 
Other non-recurring fees276 3 4 24 307 
Total$4,988 $3,595 $1,992 $239 $10,814 

For the nine months ended September 30, 2021 (in millions):

Capital
BankingMerchantMarketCorporate
SolutionsSolutionsSolutionsand OtherTotal
Primary Geographical Markets:
North America$4,028 $2,323 $1,137 $165 $7,653 
All others701 980 771 100 2,552 
Total$4,729 $3,303 $1,908 $265 $10,205 
Type of Revenue:
Recurring revenue:
Transaction processing and services$3,533 $3,217 $877 $240 $7,867 
Software maintenance267 2 382 1 652 
Other recurring125 63 72 9 269 
Total recurring3,925 3,282 1,331 250 8,788 
Software license74 7 232 — 313 
Professional services444 — 335 3 782 
Other non-recurring fees286 14 10 12 322 
Total$4,729 $3,303 $1,908 $265 $10,205 
Contract Balances

The Company recognized revenue of $120 million and $106 million during the three months and $619 million and $614 million during the nine months ended September 30, 2022 and 2021, respectively, that was included in the corresponding deferred revenue balance at the beginning of the periods.

Transaction Price Allocated to the Remaining Performance Obligations

As of September 30, 2022, approximately $22.5 billion of revenue is estimated to be recognized in the future primarily from the Banking Solutions and Capital Market Solutions segments' remaining unfulfilled performance obligations, which are primarily comprised of recurring account- and volume-based processing services. This excludes the amount of anticipated recurring renewals not yet contractually obligated. The Company expects to recognize approximately 30% of the Banking Solutions and Capital Market Solutions segments' remaining performance obligations over the next 12 months, approximately another 21% over the next 13 to 24 months, and the balance thereafter.

As permitted by ASC 606, Revenue from Contracts with Customers, the Company has elected to exclude from this disclosure an estimate for the Merchant Solutions segment, which is primarily comprised of contracts with an original duration of one year or less or variable consideration that meet specific criteria. This segment's core performance obligations consist of variable consideration under a stand-ready series of distinct days of service, and revenue from the segment's products and service arrangements are generally billed and recognized as the services are performed. The aggregate fixed consideration portion of customer contracts with an initial contract duration greater than one year is not material.