XML 38 R27.htm IDEA: XBRL DOCUMENT v3.26.1
ACQUISITIONS (Tables)
 3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Purchase Consideration
The fair value of total purchase consideration was determined as follows (in thousands, except share and per share data):

Consideration transferred to GTCR:
Number of shares of Global Payments issued in the acquisition (1)
42,779,788 
Price per share of Global Payments common stock as of January 8, 2026 (2)
$78.69 
Fair value of common stock issued3,366,342 
Cash paid to GTCR (3)
6,041,671 
9,408,013 
Consideration transferred to FIS:
Fair value of the Issuer Solutions business transferred to FIS (4)
15,086,000 
Cash received from FIS, including reimbursement of cash in business transferred (5)
(7,516,216)
7,569,784 
Total purchase consideration$16,977,797 

(1) Number of shares issued is net of 488,253 shares, with postcombination employee service requirements and includes 729,600 shares related to Worldpay equity awards that vested automatically at closing and were converted into Global Payments common stock.

(2) Represents the closing share price of Global Payments common stock as of January 8, 2026, the last trading day prior to the Transaction closing.

(3) Amount includes $153.6 million for Worldpay equity awards held by employees that vested automatically at the acquisition date and settled in cash.

(4) The fair value of our Issuer Solutions business transferred to FIS is based on a third-party valuation using the average of the income and market approaches.

(5) Final closing cash amounts are preliminary and subject to working capital and other adjustments.
Schedule of Major Classes of Assets Acquired and Liabilities Assumed
The provisional estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed as of March 31, 2026, including a reconciliation to the total purchase consideration, were as follows (in thousands):

Cash and cash equivalents$4,136,237 
Accounts receivable657,835 
Settlement processing assets2,113,017 
Prepaid expenses and other current assets(1)
1,064,511 
Other intangible assets16,403,552 
Property and equipment374,598 
Deferred tax asset30,805 
Other noncurrent assets243,118 
Accounts payable and accrued liabilities(1,894,231)
Settlement processing obligations(4,548,560)
Debt(2)
(8,908,559)
Deferred tax liability(2,022,745)
Other noncurrent liabilities(598,988)
Total identifiable net assets7,050,590 
Goodwill9,927,207 
Preliminary total purchase consideration$16,977,797 

(1) Includes $860.4 million of restricted cash held in escrow by a third party used to fund a portion of the assumed debt paid off at the acquisition date.
(2) Assumed debt was paid off at the acquisition date.
Schedule of Fair Value of Intangible Assets
The following table reflects the provisional estimated fair values of the identified intangible assets of Worldpay and the respective weighted-average estimated amortization periods:

Estimated Fair ValueWeighted-Average Estimated Amortization Period
(in thousands)(years)
Customer-related intangible assets$14,666,742 11.3
Acquired technologies1,351,164 7.0
Contract-based intangible assets270,831 10.0
Trademarks and trade names114,815 2.0
Total identifiable intangible assets$16,403,552 10.9
Schedule of Pro Forma Information
Three Months Ended
March 31, 2026March 31, 2025
(in thousands)
Total revenues$3,076,852 $3,097,856 
Net loss attributable to continuing operations of Global Payments(88,228)(54,926)