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ACQUISITIONS (Tables)
 12 Months Ended
Dec. 31, 2021
Business Acquisition [Line Items]  
Schedule of Pro Forma Information
Year Ended
December 31, 2019
ActualPro Forma
(in thousands)
Total revenues$4,911,892 $7,854,282 
Net income attributable to Global Payments$430,613 $711,658 
Zego  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The provisional estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed, including a reconciliation to the total purchase consideration, are as follows:


Provisional Amounts at Acquisition DateMeasurement-Period AdjustmentsProvisional Amounts at December 31, 2021
(in thousands)
Cash and cash equivalents$67,374 $— $67,374 
Accounts receivable1,033 (16)1,017 
Identifiable intangible assets410,443 62,557 473,000 
Property and equipment3,634 (3,059)575 
Other assets9,141 (90)9,051 
Accounts payable and accrued liabilities(65,753)(5,253)(71,006)
Deferred income tax liabilities(10,709)(3,193)(13,902)
Other liabilities(8,268)258 (8,010)
Total identifiable net assets406,895 51,204 458,099 
Goodwill525,929 (50,782)475,147 
Total purchase consideration$932,824 $422 $933,246 
Schedule of Fair Values of Identified Intangible Assets Acquired and Respective Weighted-Average Estimated Amortization Periods
The following table reflects the provisional estimated fair values of the identified intangible assets of Zego and the respective weighted-average estimated amortization periods:


Estimated Fair ValueWeighted-Average Estimated Amortization Periods
(in thousands)(years)
Customer-related intangible assets$208,000 13
Contract-based intangible assets119,000 20
Acquired technologies124,000 6
Trademarks and trade names22,000 15
Total estimated identifiable intangible assets$473,000 14
Total System Services, Inc.  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed, including a reconciliation to the total purchase consideration, were as follows (in thousands):
Provisional Amounts at December 31, 2019Measurement- Period AdjustmentsFinal
(in thousands)
Cash and cash equivalents$446,009 $— $446,009 
Accounts receivable442,848 (2,660)440,188 
Identified intangible assets10,980,000 978 10,980,978 
Property and equipment644,084 (978)643,106 
Other assets1,474,825 (2,969)1,471,856 
Accounts payable and accrued liabilities(614,060)(11,899)(625,959)
Debt(3,295,342)4,787 (3,290,555)
Deferred income tax liabilities(2,687,849)52,598 (2,635,251)
Other liabilities(314,415)(173)(314,588)
Total identifiable net assets7,076,100 39,684 7,115,784 
Goodwill17,398,853 (39,684)17,359,169 
Total purchase consideration$24,474,953 $— $24,474,953 
Schedule of Fair Values of Identified Intangible Assets Acquired and Respective Weighted-Average Estimated Amortization Periods
The following table reflects the estimated fair values of the identified intangible assets of TSYS and the respective weighted-average estimated amortization periods:
Estimated Fair ValuesWeighted-Average Estimated Amortization Periods
(in thousands)(years)
Customer-related intangible assets$6,420,000 15
Contract-based intangible assets1,800,000 18
Acquired technologies1,810,000 7
Trademarks and trade names950,000 11
Total estimated identified intangible assets$10,980,000 13
Schedule of Total Purchase Consideration
The fair value of total purchase consideration was determined as follows (in thousands, except per share data):
Shares of TSYS common stock issued and outstanding (including Single-Trigger Awards)177,643 
Exchange Ratio0.8101 
Shares of Global Payments common stock issued to TSYS shareholders143,909 
Price per share of Global Payments common stock$163.74 
Fair value of common stock issued to TSYS shareholders(1)
23,563,568 
Value of Replacement Awards attributable to purchase consideration207,821 
Cash paid to TSYS shareholders in lieu of fractional shares1,352 
Total purchase consideration transferred to TSYS shareholders23,772,741 
Repayment of TSYS' unsecured revolving credit facility (including accrued interest and fees)702,212 
Total purchase consideration$24,474,953 

(1) Fair value of common stock issued to TSYS shareholders does not equal the product of shares of Global Payments common stock issued to TSYS shareholders and price per share of Global Payments common stock as presented in the table above due to the rounding of the number of shares in thousands.
Schedule of Pro Forma Information
Year Ended
December 31, 2019
ActualPro Forma
(in thousands)
Total revenues$4,911,892 $7,854,282 
Net income attributable to Global Payments$430,613 $711,658