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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of Business Acquisitions | In the Corporate and Other segment, the Company recorded acquisition, integration and other costs for the years ended December 31, 2023, 2022 and 2021, comprised of the following (in millions):
|  | 2023 |  | 2022 |  | 2021
Acquisition and integration |  | $ | 48 |  |  | $ | 50 |  |  | $ | 79 |
Enterprise transformation, including Future Forward and platform modernization |  | 312 |  |  | 279 |  |  | 107 |
Severance and other termination expenses, including those associated with enterprise cost control initiatives and changes in senior management |  | 70 |  |  | 89 |  |  | 10 |
Pending separation of the Worldpay Merchant Solutions business |  | 17 |  |  | — |  |  | — |
Stock-based compensation, primarily from certain performance-based awards |  | 15 |  |  | 83 |  |  | — |
Accelerated stock compensation expense - qualified equity retirement program |  | — |  |  | — |  |  | 155 |
Other, including divestiture-related expenses and enterprise cost control and other initiatives |  | 20 |  |  | 80 |  |  | 160 |
Total acquisition, integration and other costs |  | $ | 482 |  |  | $ | 581 |  |  | $ | 511 |
Amounts in table may not sum due to rounding.
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, 2023 (in millions):
| Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total
Revenue | $ | 6,733 |  |  | $ | 2,766 |  |  | $ | 322 |  |  | $ | 9,821 |
Operating expenses | (4,403) |  |  | (1,730) |  |  | (2,221) |  |  | (8,354) |
Depreciation and amortization (including purchase accounting amortization) | 598 |  |  | 354 |  |  | 791 |  |  | 1,743 |
Acquisition, integration and other costs | — |  |  | — |  |  | 482 |  |  | 482 |
Asset impairments | — |  |  | — |  |  | 113 |  |  | 113 |
Indirect Worldpay business support costs | — |  |  | — |  |  | 167 |  |  | 167 |
Adjusted EBITDA | $ | 2,928 |  |  | $ | 1,390 |  |  | $ | (346) |  |  | $ | 3,972 |
Adjusted EBITDA |  |  |  |  |  |  | $ | 3,972 |
Depreciation and amortization |  |  |  |  |  |  | (1,047) |
Purchase accounting amortization |  |  |  |  |  |  | (696) |
Acquisition, integration and other costs |  |  |  |  |  |  | (482) |
Asset impairments |  |  |  |  |  |  | (113) |
Indirect Worldpay business support costs |  |  |  |  |  |  | (167) |
Interest expense, net |  |  |  |  |  |  | (621) |
Other income (expense), net |  |  |  |  |  |  | (183) |
(Provision) benefit for income taxes |  |  |  |  |  |  | (157) |
Net earnings (loss) from discontinued operations, net of tax |  |  |  |  |  |  | (7,153) |
Net earnings attributable to noncontrolling interest |  |  |  |  |  |  | (7) |
Net earnings (loss) attributable to FIS common stockholders |  |  |  |  |  |  | $ | (6,654) |
Capital expenditures (1) | $ | 433 |  |  | $ | 269 |  |  | $ | 131 |  |  | $ | 833 |
(1) Capital expenditures include $53 million in other financing obligations for certain hardware and software. As of and for the year ended December 31, 2022 (in millions):
| Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total
Revenue | $ | 6,624 |  |  | $ | 2,631 |  |  | $ | 464 |  |  | $ | 9,719 |
Operating expenses | (4,339) |  |  | (1,624) |  |  | (2,538) |  |  | (8,501) |
Depreciation and amortization (including purchase accounting amortization) | 597 |  |  | 331 |  |  | 951 |  |  | 1,879 |
Acquisition, integration and other costs | — |  |  | — |  |  | 581 |  |  | 581 |
Asset impairments | — |  |  | — |  |  | 103 |  |  | 103 |
Indirect Worldpay business support costs | — |  |  | — |  |  | 180 |  |  | 180 |
Adjusted EBITDA | $ | 2,882 |  |  | $ | 1,338 |  |  | $ | (259) |  |  | $ | 3,961 |
Adjusted EBITDA |  |  |  |  |  |  | $ | 3,961 |
Depreciation and amortization |  |  |  |  |  |  | (1,101) |
Purchase accounting amortization |  |  |  |  |  |  | (778) |
Acquisition, integration and other costs |  |  |  |  |  |  | (581) |
Asset impairments |  |  |  |  |  |  | (103) |
Indirect Worldpay business support costs |  |  |  |  |  |  | (180) |
Interest expense, net |  |  |  |  |  |  | (281) |
Other income (expense), net |  |  |  |  |  |  | 4 |
(Provision) benefit for income taxes |  |  |  |  |  |  | (325) |
Net earnings (loss) from discontinued operations, net of tax |  |  |  |  |  |  | (17,324) |
Net earnings attributable to noncontrolling interest |  |  |  |  |  |  | (12) |
Net earnings attributable to FIS common stockholders |  |  |  |  |  |  | $ | (16,720) |
Capital expenditures (1) | $ | 502 |  |  | $ | 271 |  |  | $ | 286 |  |  | $ | 1,059 |
(1) Capital expenditures include $63 million in other financing obligations for certain hardware and software. As of and for the year ended December 31, 2021 (in millions):
| Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total
Revenue | $ | 6,361 |  |  | $ | 2,495 |  |  | $ | 483 |  |  | $ | 9,339 |
Operating expenses | (4,051) |  |  | (1,577) |  |  | (2,671) |  |  | (8,299) |
Depreciation and amortization (including purchase accounting amortization) | 584 |  |  | 317 |  |  | 970 |  |  | 1,871 |
Acquisition, integration and other costs | — |  |  | — |  |  | 511 |  |  | 511 |
Asset impairments | — |  |  | — |  |  | 194 |  |  | 194 |
Indirect Worldpay business support costs | — |  |  | — |  |  | 153 |  |  | 153 |
Adjusted EBITDA | $ | 2,894 |  |  | $ | 1,235 |  |  | $ | (360) |  |  | 3,769 |
Adjusted EBITDA |  |  |  |  |  |  | $ | 3,769 |
Depreciation and amortization |  |  |  |  |  |  | (1,035) |
Purchase accounting amortization |  |  |  |  |  |  | (836) |
Acquisition, integration and other costs |  |  |  |  |  |  | (511) |
Asset impairments |  |  |  |  |  |  | (194) |
Indirect Worldpay business support costs |  |  |  |  |  |  | (153) |
Interest expense, net |  |  |  |  |  |  | (212) |
Other income (expense), net |  |  |  |  |  |  | (109) |
(Provision) benefit for income taxes |  |  |  |  |  |  | (403) |
Net earnings (loss) from discontinued operations |  |  |  |  |  |  | 102 |
Equity method investment earnings (loss) |  |  |  |  |  |  | 6 |
Net earnings attributable to noncontrolling interest |  |  |  |  |  |  | (7) |
Net earnings attributable to FIS common stockholders |  |  |  |  |  |  | $ | 417 |
Capital expenditures (1) | $ | 446 |  |  | $ | 221 |  |  | $ | 286 |  |  | $ | 953 |
(1) Capital expenditures include $35 million in other financing obligations for certain hardware and software.

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