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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | Information on segments and reconciliations to consolidated revenues, consolidated operating expenses, consolidated operating income and consolidated depreciation and amortization were as follows:
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
| (in thousands)
Revenues(1): |  |  |  |  |
Merchant Solutions | $ | 7,688,703 |  |  | $ | 7,151,793 |  |  | $ | 6,204,917 |
Issuer Solutions | 2,483,657 |  |  | 2,398,870 |  |  | 2,245,623 |
Consumer Solutions | — |  |  | 182,740 |  |  | 620,482 |
Intersegment eliminations | (66,466) |  |  | (78,984) |  |  | (95,507) |
Consolidated revenues | $ | 10,105,894 |  |  | $ | 9,654,419 |  |  | $ | 8,975,515 |
Operating expenses(1): |  |  |  |  |
Merchant Solutions: |  |  |  |  |
Cost of service | $ | 2,008,126 |  |  | $ | 1,925,880 |  |  | $ | 1,798,300 |
Selling, general and administrative | 3,067,662 |  |  | 2,880,658 |  |  | 2,366,362 |
Total Merchant Solutions expenses | 5,075,788 |  |  | 4,806,538 |  |  | 4,164,662 |
Issuer Solutions: |  |  |  |  |
Cost of service | 1,795,001 |  |  | 1,738,047 |  |  | 1,633,708 |
Selling, general and administrative | 246,214 |  |  | 251,016 |  |  | 255,700 |
Total Issuer Solutions expenses | 2,041,215 |  |  | 1,989,063 |  |  | 1,889,408 |
Consumer Solutions(2) | — |  |  | 186,648 |  |  | 566,888 |
Corporate | 994,886 |  |  | 898,024 |  |  | 777,744 |
Intersegment eliminations | (66,466) |  |  | (78,984) |  |  | (95,507) |
Operating income (loss)(1): |  |  |  |  |
Merchant Solutions | $ | 2,612,915 |  |  | $ | 2,345,255 |  |  | $ | 2,040,255 |
Issuer Solutions | 442,442 |  |  | 409,807 |  |  | 356,215 |
Consumer Solutions | — |  |  | (3,908) |  |  | 53,594 |
Corporate | (994,886) |  |  | (898,024) |  |  | (777,744) |
Impairment of goodwill | — |  |  | — |  |  | (833,075) |
Net gain (loss) on business dispositions | 273,134 |  |  | (136,744) |  |  | (199,094) |
Consolidated operating income | $ | 2,333,605 |  |  | $ | 1,716,386 |  |  | $ | 640,151 |
Depreciation and amortization(1): |  |  |  |  |
Merchant Solutions | $ | 1,179,845 |  |  | $ | 1,109,186 |  |  | $ | 981,297 |
Issuer Solutions | 658,186 |  |  | 646,118 |  |  | 623,755 |
Consumer Solutions | — |  |  | — |  |  | 35,773 |
Corporate | 24,300 |  |  | 21,388 |  |  | 21,630 |
Consolidated depreciation and amortization | $ | 1,862,331 |  |  | $ | 1,776,692 |  |  | $ | 1,662,455 |
(1) Revenues, operating expenses, operating income and depreciation and amortization reflect the effects of acquired businesses from the respective acquisition dates and the effects of disposed businesses through the respective disposal dates. See “Note 2—Acquisitions” and “Note 3—Business Dispositions” for further discussion. Operating income and operating expenses included acquisition and integration expenses of $211.6 million, $341.9 million and $259.2 million for the years ended December 31, 2024, 2023 and 2022, respectively, which were primarily included within Corporate selling, general and administrative expenses. For the years ended December 31, 2024, 2023 and 2022, operating expenses for Corporate also included $13.4 million, $18.5 million and $47.1 million, respectively, of other charges related to facilities exit activities as a result of actions taken to reduce our facility footprint in certain markets around the world. During the year ended December 31, 2024, Corporate operating expenses also reflected costs of $99.1 million associated with our business transformation initiative, employee termination benefits of $99.6 million, which included $19.4 million of share-based compensation expense, and charges of $55.8 million for technology assets that will no longer be utilized under a revised technology architecture development strategy. These charges are presented within selling, general and administrative expenses in our consolidated statements of income. (2) Prior to the disposition of the consumer portion of our Netspend business, the information provided to the CODM included segment revenue and operating income, but not cost of service or selling, general and administrative expense. Therefore, the segment expense detail is not provided for the Consumer Solutions business.
Schedule of Long-Lived Assets by Geographic Regions | Long-lived assets, excluding goodwill and other intangible assets, by location as of December 31, 2024 and 2023 were as follows:
| 2024 |  | 2023
| (in thousands)
United States | $ | 1,725,811 |  |  | $ | 1,672,532 |
Foreign countries | 551,782 |  |  | 517,473 |
| $ | 2,277,593 |  |  | $ | 2,190,005 |

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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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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