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REVENUES (Tables)
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables present a disaggregation of our revenues from contracts with customers by geography for each of our reportable segments for the three and nine months ended September 30, 2022 and 2021 and has been recast to align with the change in the presentation of segment information as further described in “Note 14-Segment Information:”
Three Months Ended September 30, 2022
Merchant
Solutions
Issuer
Solutions
Consumer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$1,349,793 $442,200 $147,337 $(14,788)$1,924,542 
Europe183,698 114,296 — — 297,994 
Asia Pacific62,835 9,543 — (9,543)62,835 
$1,596,326 $566,039 $147,337 $(24,331)$2,285,371 

Three Months Ended September 30, 2021
Merchant
Solutions
Issuer
Solutions
Consumer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$1,245,805 $415,127 $183,591 $(15,748)$1,828,775 
Europe189,282 123,469 — — 312,751 
Asia Pacific60,811 6,890 — (6,890)60,811 
$1,495,898 $545,486 $183,591 $(22,638)$2,202,337 

Nine Months Ended September 30, 2022
Merchant
Solutions
Issuer
Solutions
Consumer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$3,926,645 $1,281,894 $478,082 $(43,052)$5,643,569 
Europe545,203 354,546 — — 899,749 
Asia Pacific179,213 26,568 — (26,568)179,213 
$4,651,061 $1,663,008 $478,082 $(69,620)$6,722,531 

Nine Months Ended September 30, 2021
Merchant
Solutions
Issuer
Solutions
Consumer
Solutions
Intersegment
Eliminations
Total
(in thousands)
Americas$3,529,245 $1,210,948 $608,645 $(47,969)$5,300,869 
Europe488,860 367,633 — — 856,493 
Asia Pacific172,419 17,523 — (17,523)172,419 
$4,190,524 $1,596,104 $608,645 $(65,492)$6,329,781 
The following table presents a disaggregation of our Merchant Solutions segment revenues by distribution channel for the three and nine months ended September 30, 2022 and 2021:
Three Months EndedNine Months Ended
September 30, 2022September 30, 2021September 30, 2022September 30, 2021
(in thousands)
Relationship-led$821,005 $799,948 $2,397,787 $2,245,839 
Technology-enabled775,321 695,950 2,253,274 1,944,685 
$1,596,326 $1,495,898 $4,651,061 $4,190,524 
Schedule of Contracts with Customers
Supplemental balance sheet information related to contracts from customers as of September 30, 2022 and December 31, 2021 was as follows:
Balance Sheet LocationSeptember 30, 2022December 31, 2021
(in thousands)
Assets:
Capitalized costs to obtain customer contracts, net
Other noncurrent assets$320,395 $291,914 
Capitalized costs to fulfill customer contracts, net
Other noncurrent assets$139,796 $113,366 
Liabilities:
Contract liabilities, net (current)Accounts payable and accrued liabilities$216,448 $227,783 
Contract liabilities, net (noncurrent)Other noncurrent liabilities$45,033 $44,502 
Schedule of Remaining Performance Obligation The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at September 30, 2022. However, as permitted, we have elected to exclude from this disclosure any contracts with an original duration of one year or less and any variable consideration that meets specified criteria. Accordingly, the total amount of unsatisfied or partially unsatisfied performance obligations related to processing services is significantly higher than the amounts disclosed in the table below (in thousands):
Year Ending December 31,
2022$256,413 
2023981,937 
2024742,799 
2025522,962 
2026413,311 
2027266,558 
2028 and thereafter385,979 
Total$3,569,959