XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,982 $ 2,188
Settlement assets 4,100 5,855
Trade receivables, net of allowance for credit losses of $91 and $75, respectively 3,402 3,699
Other receivables 493 493
Prepaid expenses and other current assets 673 583
Total current assets 10,650 12,818
Property and equipment, net 829 862
Goodwill 27,681 34,276
Intangible assets, net 8,084 8,956
Software, net 3,268 3,238
Other noncurrent assets 1,938 2,048
Deferred contract costs, net 1,124 1,080
Total assets 53,574 63,278
Current liabilities:    
Accounts payable, accrued and other liabilities 2,646 2,754
Settlement payables 5,050 6,752
Deferred revenue 818 788
Short-term borrowings 5,144 3,797
Current portion of long-term debt 785 2,133
Total current liabilities 14,443 16,224
Long-term debt, excluding current portion 13,589 14,207
Deferred income taxes 3,376 3,550
Other noncurrent liabilities 1,893 1,891
Total liabilities 33,301 35,872
Redeemable noncontrolling interest 0 180
FIS stockholders’ equity:    
Preferred stock $0.01 par value; 200 shares authorized, none issued and outstanding as of June 30, 2023, and December 31, 2022 0 0
Common stock $0.01 par value, 750 shares authorized, 631 and 630 shares issued as of June 30, 2023, and December 31, 2022, respectively 6 6
Additional paid in capital 46,846 46,735
(Accumulated deficit) retained earnings (22,048) (14,971)
Accumulated other comprehensive earnings (loss) (331) (360)
Treasury stock, $0.01 par value, 39 and 39 common shares as of June 30, 2023, and December 31, 2022, respectively, at cost (4,207) (4,192)
Total FIS stockholders’ equity 20,266 27,218
Noncontrolling interest 7 8
Total equity 20,273 27,226
Total liabilities, redeemable noncontrolling interest and equity $ 53,574 $ 63,278