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Equity Method Investment (Tables)

6 Months Ended

Jun. 30, 2025

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Equity Method Investments

Summary Worldpay financial information is as follows (in millions):

			Three months						Three months						Six months						Five months
			ended						ended						ended						ended
Statement of Earnings (Loss)			June 30, 2025						June 30, 2024						June 30, 2025						June 30, 2024
Revenue			$	1,487					$	1,349					$	2,768					$	2,181
Gross profit			$	721					$	668					$	1,333					$	1,053
Earnings (loss) before income taxes			$	(119)					$	3					$	(300)					$	(227)
Net earnings (loss) attributable to Worldpay			$	(140)					$	(28)					$	(357)					$	(271)
FIS share of net earnings (loss) attributable to Worldpay, net of tax (1)			$	(598)					$	10					$	(669)					$	(76)

(1)This amount is net of $(533) million and $22 million, for the three months ended June 30, 2025 and 2024, and $(511) million and $45 million for the six months ended June 30, 2025, and five months ended June 30, 2024, respectively, of investor-level tax (expense) benefit, as well as intra-entity eliminations for timing differences between the Company and Worldpay's recognition of profits and losses on related-party transactions. The investor-level tax for the three and six months ended June 30, 2025, includes $539 million of expense related to an increase in our deferred tax liability. This increase resulted from our agreement to sell our remaining interest in Worldpay, which constituted a change in our intent to hold the investment for the long term. In accordance with the provisions of ASC 740, the deferred tax liability recognized as of June 30, 2025, reflects the difference between the investment's current book value and its tax basis. The final tax due upon closing of the Worldpay Minority Interest Sale will be based on the excess of sales proceeds over the tax basis. The deferred tax liability will be adjusted in each reporting period until the closing of the transaction.

Balance Sheet			June 30, 2025						December 31, 2024
Current assets			$	9,990					$	8,126
Noncurrent assets			$	16,063					$	15,834
Current liabilities			$	7,805					$	5,979
Noncurrent liabilities			$	9,521					$	9,321
Noncontrolling interest			$	—					$	1

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- References

No definition available.

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- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

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