Revenue (Tables)

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

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.