XML 68 R42.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Revenue (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | For the year ended December 31, 2024 (in millions):
|  | Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total
Primary Geographical Markets: |  |  |  |  |  |  |  |
North America |  | $ | 5,893 |  |  | $ | 1,839 |  |  | $ | 117 |  |  | $ | 7,849 |
All others |  | 999 |  |  | 1,140 |  |  | 139 |  |  | 2,278 |
Total |  | $ | 6,892 |  |  | $ | 2,979 |  |  | $ | 256 |  |  | $ | 10,127 |
Type of Revenue: |  |  |  |  |  |  |  |
Recurring revenue: |  |  |  |  |  |  |  |
Transaction processing and services |  | $ | 5,146 |  |  | $ | 1,507 |  |  | $ | 207 |  |  | $ | 6,860 |
Software maintenance |  | 362 |  |  | 576 |  |  | 2 |  |  | 940 |
Other recurring |  | 244 |  |  | 62 |  |  | 3 |  |  | 309 |
Total recurring |  | 5,752 |  |  | 2,145 |  |  | 212 |  |  | 8,109 |
Software license |  | 196 |  |  | 431 |  |  | 1 |  |  | 628 |
Professional services |  | 551 |  |  | 399 |  |  | 4 |  |  | 954 |
Other non-recurring |  | 393 |  |  | 4 |  |  | 39 |  |  | 436 |
Total |  | $ | 6,892 |  |  | $ | 2,979 |  |  | $ | 256 |  |  | $ | 10,127 |
For the year ended December 31, 2023 (in millions):
|  | Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total
Primary Geographical Markets: |  |  |  |  |  |  |  |
North America |  | $ | 5,812 |  |  | $ | 1,712 |  |  | $ | 167 |  |  | $ | 7,691 |
All others |  | 931 |  |  | 1,054 |  |  | 155 |  |  | 2,140 |
Total |  | $ | 6,743 |  |  | $ | 2,766 |  |  | $ | 322 |  |  | $ | 9,831 |
Type of Revenue: |  |  |  |  |  |  |  |
Recurring revenue: |  |  |  |  |  |  |  |
Transaction processing and services (1) (2) |  | $ | 4,981 |  |  | $ | 1,409 |  |  | $ | 276 |  |  | $ | 6,666 |
Software maintenance |  | 364 |  |  | 531 |  |  | 2 |  |  | 897 |
Other recurring (2) |  | 227 |  |  | 53 |  |  | 4 |  |  | 284 |
Total recurring |  | 5,572 |  |  | 1,993 |  |  | 282 |  |  | 7,847 |
Software license |  | 131 |  |  | 369 |  |  | 8 |  |  | 508 |
Professional services |  | 562 |  |  | 391 |  |  | 9 |  |  | 962 |
Other non-recurring (1) |  | 478 |  |  | 13 |  |  | 23 |  |  | 514 |
Total |  | $ | 6,743 |  |  | $ | 2,766 |  |  | $ | 322 |  |  | $ | 9,831 |
For the year ended December 31, 2022 (in millions):
|  | Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total
Primary Geographical Markets: |  |  |  |  |  |  |  |
North America |  | $ | 5,710 |  |  | $ | 1,566 |  |  | $ | 284 |  |  | $ | 7,560 |
All others |  | 915 |  |  | 1,065 |  |  | 180 |  |  | 2,160 |
Total |  | $ | 6,625 |  |  | $ | 2,631 |  |  | $ | 464 |  |  | $ | 9,720 |
Type of Revenue: |  |  |  |  |  |  |  |
Recurring revenue: |  |  |  |  |  |  |  |
Transaction processing and services (1) (2) |  | $ | 4,806 |  |  | $ | 1,300 |  |  | $ | 421 |  |  | $ | 6,527 |
Software maintenance |  | 358 |  |  | 498 |  |  | 2 |  |  | 858 |
Other recurring (2) |  | 189 |  |  | 32 |  |  | 1 |  |  | 222 |
Total recurring |  | 5,353 |  |  | 1,830 |  |  | 424 |  |  | 7,607 |
Software license |  | 160 |  |  | 377 |  |  | — |  |  | 537 |
Professional services |  | 632 |  |  | 419 |  |  | 8 |  |  | 1,059 |
Other non-recurring (1) |  | 480 |  |  | 5 |  |  | 32 |  |  | 517 |
Total |  | $ | 6,625 |  |  | $ | 2,631 |  |  | $ | 464 |  |  | $ | 9,720 |
(1) December 31, 2023, was the final deadline for states to complete all benefit issuance under federally funded pandemic relief programs. Accordingly, revenue associated with services the Company provided related to these programs has been classified as Other non-recurring commencing in the fourth quarter of 2023, and related prior-period amounts have been reclassified from Transaction processing and services to Other non-recurring for comparability. Revenue associated with services the Company provided related to these programs was $151 million and $112 million for the years ended December 31, 2023 and 2022, respectively. (2) Revenue related primarily to software licenses requiring frequent, integral updates has been classified as Transaction processing and services revenue commencing in the quarter ended December 31, 2024, and related prior-period amounts have been reclassified from Other recurring revenue to Transaction processing and services for comparability. Revenue reclassified for the year ended December 31, 2023, was $21 million, $28 million and $37 million within Banking, Capital Markets and Corporate and Other, respectively. Revenue reclassified for the year ended December 31, 2022, was $21 million, $26 million and $37 million within Banking, Capital Markets and Corporate and Other, respectively.

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration