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Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Business Acquisitions, by Acquisition

In the Corporate and Other segment, the Company recorded acquisition, integration and other costs comprised of the following (in millions):

						Three months ended
						March 31,
						2025						2024
Acquisition and integration						$	8					$	24
Enterprise transformation, including Future Forward and platform modernization						46						73
Severance and other termination expenses						59						18
Separation of the Worldpay Merchant Solutions business						21						30
Incremental stock compensation directly attributable to specific programs						10						11
Other, including divestiture-related expenses and enterprise cost control and other initiatives						9						2
Total acquisition, integration and other costs						$	153					$	158

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 three months ended March 31, 2025 (in millions):

									Capital
			Banking						Market						Corporate
			Solutions						Solutions						and Other						Total
Revenue			$	1,718					$	764					$	50					$	2,532
Direct cost of revenue			(278)						(44)						(8)						(330)
Net personnel costs			(454)						(210)						(293)						(957)
Infrastructure costs			(63)						(25)						(148)						(236)
Allocated costs			(191)						(107)						298						—
Other costs			(44)						(9)						2						(51)
Adjusted EBITDA			$	688					$	369					$	(99)					$	958
Adjusted EBITDA																					$	958
Depreciation and amortization																					(287)
Purchase accounting amortization																					(169)
Acquisition, integration and other costs																					(153)
Asset impairments																					(2)
Interest expense, net																					(80)
Other income (expense), net																					(37)
(Provision) benefit for income taxes																					(81)
Equity method investment earnings (loss), net of tax																					(71)
Net earnings attributable to noncontrolling interest																					(1)
Net earnings (loss) attributable to FIS																					$	77
Capital expenditures (1)			$	190					$	113					$	7					$	310
Depreciation and amortization (including purchase accounting amortization)			$	166					$	102					$	188					$	456

(1) Capital expenditures include $77 million of certain hardware and software purchases subject to financing or other long-term payment arrangements.

For the three months ended March 31, 2024 (in millions):

									Capital
			Banking						Market						Corporate
			Solutions						Solutions						and Other						Total
Revenue			$	1,685					$	706					$	77					$	2,468
Direct cost of revenue			(247)						(43)						(23)						(313)
Net personnel costs			(465)						(233)						(225)						(923)
Infrastructure costs			(68)						(20)						(134)						(222)
Allocated costs			(144)						(61)						205						—
Other costs			(22)						(14)						(5)						(41)
Adjusted EBITDA			$	739					$	335					$	(105)					$	969
Adjusted EBITDA																					$	969
Depreciation and amortization																					(263)
Purchase accounting amortization																					(165)
Acquisition, integration and other costs																					(158)
Asset impairments																					(14)
Indirect Worldpay business support costs																					(14)
Interest expense, net																					(77)
Other income (expense), net																					(172)
(Provision) benefit for income taxes																					(20)
Equity method investment earnings (loss)																					(86)
Net earnings (loss) from discontinued operations, net of tax																					707
Net earnings attributable to noncontrolling interest																					(1)
Net earnings attributable to FIS																					$	706
Capital expenditures			$	118					$	76					$	8					$	202
Depreciation and amortization (including purchase accounting amortization)			159						102						167						428

X

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

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-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
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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.

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