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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2024
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, 2024, 2023 and 2022, comprised of the following (in millions):
|  | 2024 |  | 2023 |  | 2022
Acquisition and integration |  | $ | 88 |  |  | $ | 48 |  |  | $ | 50 |
Enterprise transformation, including Future Forward and platform modernization |  | 262 |  |  | 312 |  |  | 279 |
Severance and other termination expenses |  | 56 |  |  | 70 |  |  | 89 |
Separation of the Worldpay Merchant Solutions business |  | 148 |  |  | 17 |  |  | — |
Incremental stock compensation directly attributable to specific programs |  | 58 |  |  | 15 |  |  | 83 |
Other, including divestiture-related expenses and enterprise cost control and other initiatives |  | 12 |  |  | 20 |  |  | 80 |
Total acquisition, integration and other costs |  | $ | 624 |  |  | $ | 482 |  |  | $ | 581 |
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. For the year ended December 31, 2024 (in millions):
| Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total
Revenue | $ | 6,892 |  |  | $ | 2,979 |  |  | $ | 256 |  |  | $ | 10,127 |
Direct cost of revenue | (1,038) |  |  | (168) |  |  | (61) |  |  | (1,267) |
Net personnel costs | (1,867) |  |  | (914) |  |  | (889) |  |  | (3,670) |
Infrastructure costs | (255) |  |  | (88) |  |  | (571) |  |  | (914) |
Allocated costs | (554) |  |  | (237) |  |  | 791 |  |  | — |
Other costs | (146) |  |  | (53) |  |  | 59 |  |  | (140) |
Adjusted EBITDA | $ | 3,032 |  |  | $ | 1,519 |  |  | $ | (415) |  |  | $ | 4,136 |
Adjusted EBITDA |  |  |  |  |  |  | $ | 4,136 |
Depreciation and amortization |  |  |  |  |  |  | (1,062) |
Purchase accounting amortization |  |  |  |  |  |  | (675) |
Acquisition, integration and other costs |  |  |  |  |  |  | (624) |
Asset impairments |  |  |  |  |  |  | (52) |
Indirect Worldpay business support costs |  |  |  |  |  |  | (14) |
Interest expense, net |  |  |  |  |  |  | (250) |
Other income (expense), net |  |  |  |  |  |  | (162) |
(Provision) benefit for income taxes |  |  |  |  |  |  | (362) |
Equity method investment earnings (loss), net of tax |  |  |  |  |  |  | (145) |
Net earnings (loss) from discontinued operations, net of tax |  |  |  |  |  |  | 663 |
Net earnings attributable to noncontrolling interest |  |  |  |  |  |  | (3) |
Net earnings (loss) attributable to FIS |  |  |  |  |  |  | $ | 1,450 |
Capital expenditures (1) | $ | 625 |  |  | $ | 350 |  |  | $ | 29 |  |  | $ | 1,004 |
Depreciation and amortization (including purchase accounting amortization) | $ | 638 |  |  | $ | 387 |  |  | $ | 712 |  |  | $ | 1,737 |
(1) Capital expenditures include $187 million of certain hardware and software purchases subject to financing or other long-term payment arrangements. For the year ended December 31, 2023 (in millions):
| Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total |  |  |
Revenue | $ | 6,743 |  |  | $ | 2,766 |  |  | $ | 322 |  |  | $ | 9,831 |  |  |  |
Direct cost of revenue | (1,036) |  |  | (180) |  |  | (48) |  |  | (1,264) |  |  |  |
Net personnel costs | (1,833) |  |  | (844) |  |  | (912) |  |  | (3,589) |  |  |  |
Infrastructure costs | (283) |  |  | (86) |  |  | (464) |  |  | (833) |  |  |  |
Allocated costs | (564) |  |  | (226) |  |  | 790 |  |  | — |  |  |  |
Other costs | (119) |  |  | (40) |  |  | (34) |  |  | (193) |  |  |  |
Adjusted EBITDA | $ | 2,908 |  |  | $ | 1,390 |  |  | $ | (346) |  |  | $ | 3,952 |  |  |  |
Adjusted EBITDA |  |  |  |  |  |  | $ | 3,952 |  |  |  |
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 |  |  |  |  |  |  | (164) |  |  |  |
(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 attributable to FIS |  |  |  |  |  |  | $ | (6,655) |  |  |  |
Capital expenditures (1) | $ | 433 |  |  | $ | 269 |  |  | $ | 131 |  |  | $ | 833 |  |  |  |
Depreciation and amortization (including purchase accounting amortization) | $ | 598 |  |  | $ | 354 |  |  | $ | 791 |  |  | $ | 1,743 |  |  |  |
(1) Capital expenditures include $53 million of certain hardware and software purchases subject to financing or other long-term payment arrangements. For the year ended December 31, 2022 (in millions):
| Banking Solutions |  | Capital Market Solutions |  | Corporate and Other |  | Total
Revenue | $ | 6,625 |  |  | $ | 2,631 |  |  | $ | 464 |  |  | $ | 9,720 |
Direct cost of revenue | (986) |  |  | (176) |  |  | (148) |  |  | (1,310) |
Net personnel costs | (1,749) |  |  | (802) |  |  | (987) |  |  | (3,538) |
Infrastructure costs | (249) |  |  | (69) |  |  | (491) |  |  | (809) |
Allocated costs | (703) |  |  | (218) |  |  | 921 |  |  | — |
Other costs | (98) |  |  | (28) |  |  | (18) |  |  | (144) |
Adjusted EBITDA | $ | 2,840 |  |  | $ | 1,338 |  |  | $ | (259) |  |  | 3,919 |
Adjusted EBITDA |  |  |  |  |  |  | $ | 3,919 |
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 |  |  |  |  |  |  | 3 |
(Provision) benefit for income taxes |  |  |  |  |  |  | (314) |
Net earnings (loss) from discontinued operations |  |  |  |  |  |  | (17,324) |
Net earnings attributable to noncontrolling interest |  |  |  |  |  |  | (12) |
Net earnings attributable to FIS |  |  |  |  |  |  | $ | (16,752) |
Capital expenditures (1) | $ | 502 |  |  | $ | 271 |  |  | $ | 286 |  |  | $ | 1,059 |
Depreciation and amortization (including purchase accounting amortization) | $ | 597 |  |  | $ | 331 |  |  | $ | 951 |  |  | $ | 1,879 |
(1) Capital expenditures include $63 million of certain hardware and software purchases subject to financing or other long-term payment arrangements.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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