XML 34 R23.htm IDEA: XBRL DOCUMENT v3.25.3

Equity Method Investment (Tables)

9 Months Ended

Sep. 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						Nine months						Eight months
			ended						ended						ended						ended
Statement of Earnings (Loss)			September 30, 2025						September 30, 2024						September 30, 2025						September 30, 2024
Revenue			$	1,351					$	1,248					$	4,119					$	3,429
Gross profit			$	685					$	718					$	2,018					$	1,771
Earnings (loss) before income taxes			$	(47)					$	(99)					$	(346)					$	(326)
Net earnings (loss) attributable to Worldpay			$	(49)					$	(160)					$	(405)					$	(431)
FIS share of net earnings (loss) attributable to Worldpay, net of tax (1)			$	(23)					$	(33)					$	(692)					$	(110)

(1)This amount is net of $(2) million and $39 million, for the three months ended September 30, 2025 and 2024, and $(513) million and $84 million for the nine months ended September 30, 2025, and eight months ended September 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 nine months ended September 30, 2025, includes $539 million of expense recorded during the second quarter related to a remeasurement of our deferred tax liability. This remeasurement 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 in connection with our Worldpay equity method investment reflects the difference between the investment's current book value and its tax basis. The deferred tax liability will be reviewed and potentially adjusted in each reporting period until the final settlement of the transaction. The tax due as a result of the closing of the Worldpay Minority Interest Sale will be based on the excess of sales proceeds over the tax basis and a number of other factors, including the valuation of assets held in Worldpay, how the form of the transaction is effectuated and the final purchase price allocation. These factors could result in a material change to the measurement and realizability of the deferred taxes.

Balance Sheet			September 30, 2025						December 31, 2024
Current assets			$	8,583					$	8,126
Noncurrent assets			$	15,740					$	15,834
Current liabilities			$	6,396					$	5,979
Noncurrent liabilities			$	9,439					$	9,321
Noncontrolling interest			$	—					$	1

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

+ Details

Name:	us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration