Fidelity National Information Services (FIS) 10-Q4 Nov 222022 Q3 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	9 Months Ended
Cover Page - shares	Sep. 30, 2022	Nov. 02, 2022
Document Information
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-16427
Entity Registrant Name	Fidelity National Information Services, Inc.
Entity Incorporation, State or Country Code	GA
Entity Tax Identification Number	37-1490331
Entity Address, Street Name	347 Riverside Avenue
Entity Address, City	Jacksonville
Entity Address, State	FL
Entity Address, Postal Zip Code	32202
City Area Code	904
Local Phone Number	438-6000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		593,379,456
Entity Central Index Key	0001136893
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Common Stock, par value $0.01 per share
Document Information
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	FIS
Security Exchange Name	NYSE
0.125% Senior Notes due 2022
Document Information
Title of 12(b) Security	0.125% Senior Notes due 2022
Trading Symbol	FIS22C
Security Exchange Name	NYSE
0.750% Senior Notes due 2023
Document Information
Title of 12(b) Security	0.750% Senior Notes due 2023
Trading Symbol	FIS23A
Security Exchange Name	NYSE
1.100% Senior Notes due 2024
Document Information
Title of 12(b) Security	1.100% Senior Notes due 2024
Trading Symbol	FIS24A
Security Exchange Name	NYSE
0.625% Senior Notes due 2025
Document Information
Title of 12(b) Security	0.625% Senior Notes due 2025
Trading Symbol	FIS25B
Security Exchange Name	NYSE
1.500% Senior Notes due 2027
Document Information
Title of 12(b) Security	1.500% Senior Notes due 2027
Trading Symbol	FIS27
Security Exchange Name	NYSE
1.000% Senior Notes due 2028
Document Information
Title of 12(b) Security	1.000% Senior Notes due 2028
Trading Symbol	FIS28
Security Exchange Name	NYSE
2.250% Senior Notes due 2029
Document Information
Title of 12(b) Security	2.250% Senior Notes due 2029
Trading Symbol	FIS29
Security Exchange Name	NYSE
2.000% Senior Notes due 2030
Document Information
Title of 12(b) Security	2.000% Senior Notes due 2030
Trading Symbol	FIS30
Security Exchange Name	NYSE
3.360% Senior Notes due 2031
Document Information
Title of 12(b) Security	3.360% Senior Notes due 2031
Trading Symbol	FIS31
Security Exchange Name	NYSE
2.950% Senior Notes due 2039
Document Information
Title of 12(b) Security	2.950% Senior Notes due 2039
Trading Symbol	FIS39
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,932	$ 2,010
Settlement assets	4,359	4,020
Trade receivables, net of allowance for credit losses of $78 and $76, respectively	3,373	3,772
Other receivables	293	355
Prepaid expenses and other current assets	636	551
Total current assets	10,593	10,708
Property and equipment, net	839	949
Goodwill	51,014	53,330
Intangible assets, net	9,200	11,539
Software, net	3,131	3,299
Other noncurrent assets	2,549	2,137
Deferred contract costs, net	991	969
Total assets	78,317	82,931
Current liabilities:
Accounts payable, accrued and other liabilities	2,476	2,864
Settlement payables	5,076	5,295
Deferred revenue	712	779
Short-term borrowings	2,422	3,911
Current portion of long-term debt	2,985	1,617
Total current liabilities	13,671	14,466
Long-term debt, excluding current portion	13,509	14,825
Deferred income taxes	3,691	4,193
Other noncurrent liabilities	1,931	1,915
Total liabilities	32,802	35,399
Redeemable noncontrolling interest	178	174
FIS stockholders’ equity:
Preferred stock $0.01 par value; 200 shares authorized, none issued and outstanding as of September 30, 2022, and December 31, 2021	0	0
Common stock $0.01 par value, 750 shares authorized, 629 and 625 shares issued as of September 30, 2022, and December 31, 2021, respectively	6	6
Additional paid in capital	46,726	46,466
Retained earnings	2,673	2,889
Accumulated other comprehensive earnings (loss)	(392)	252
Treasury stock, $0.01 par value, 31 and 16 common shares as of September 30, 2022, and December 31, 2021, respectively, at cost	(3,685)	(2,266)
Total FIS stockholders’ equity	45,328	47,347
Noncontrolling interest	9	11
Total equity	45,337	47,358
Total liabilities, redeemable noncontrolling interest and equity	$ 78,317	$ 82,931

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Trade receivables, net	$ 78	$ 76
FIS stockholders’ equity:
Preferred stock par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	200,000,000	200,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	750,000,000	750,000,000
Common stock, shares issued (in shares)	629,000,000	625,000,000
Treasury stock (in shares)	31,000,000	16,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Revenue	$ 3,604	$ 3,507	$ 10,814	$ 10,205
Cost of revenue	2,148	2,178	6,624	6,431
Gross profit	1,456	1,329	4,190	3,774
Selling, general, and administrative expenses	977	989	3,093	2,972
Asset impairments	17	202	104	202
Operating income	462	138	993	600
Other income (expense):
Interest expense, net	(76)	(46)	(166)	(169)
Other income (expense), net	(41)	110	51	(58)
Total other income (expense), net	(117)	64	(115)	(227)
Earnings before income taxes and equity method investment earnings (loss)	345	202	878	373
Provision (benefit) for income taxes	91	41	223	246
Equity method investment earnings (loss)	0	0	0	6
Net earnings	254	161	655	133
Net (earnings) loss attributable to noncontrolling interest	(5)	(3)	(9)	(7)
Net earnings attributable to FIS common stockholders	$ 249	$ 158	$ 646	$ 126
Net earnings per share-basic attributable to FIS common stockholders (in dollars per share)	$ 0.41	$ 0.26	$ 1.06	$ 0.20
Weighted average shares outstanding-basic (in shares)	605	613	608	618
Net earnings per share-diluted attributable to FIS common stockholders (in dollars per share)	$ 0.41	$ 0.26	$ 1.06	$ 0.20
Weighted average shares outstanding-diluted (in shares)	607	619	611	623

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Earnings - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net earnings	$ 254	$ 161	$ 655	$ 133
Other comprehensive earnings (loss), before tax:
Unrealized gain (loss) on derivatives	0	0	0	9
Foreign currency translation adjustments	(86)	(59)	(459)	256
Other adjustments	6	1	11	2
Other comprehensive earnings (loss), before tax	(80)	(58)	(448)	267
Provision for income tax (expense) benefit related to items of other comprehensive earnings	(112)	(35)	(196)	(168)
Other comprehensive earnings (loss), net of tax	(192)	(93)	(644)	99
Comprehensive earnings	62	68	11	232
Net (earnings) loss attributable to noncontrolling interest	(5)	(3)	(9)	(7)
Comprehensive earnings attributable to FIS common stockholders	$ 57	$ 65	$ 2	$ 225

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity - USD ($) shares in Millions, $ in Millions	Total	Common shares	Treasury shares	Additional paid in capital	Retained earnings	Accumulated other comprehensive earnings (loss)	Noncontrolling interest
Beginning balance (in shares) at Dec. 31, 2020		621
Beginning balance (in shares) at Dec. 31, 2020			(1)
Beginning balance at Dec. 31, 2020	$ 49,313	$ 6	$ (150)	$ 45,947	$ 3,440	$ 57	$ 13	[1]
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		4
Issuance of restricted stock	1			1
Exercise of stock options	98			98
Purchase of treasury stock (in shares)			(15)
Purchases of treasury stock	(1,996)		$ (1,996)
Treasury shares held for taxes due upon exercise of stock awards	(117)		$ (117)
Stock-based compensation	320			320
Cash dividends declared and other distributions	(733)				(726)		(7)	[1]
Net earnings	132				126		6	[1]
Other comprehensive earnings (loss), net of tax	99					99
Ending balance (in shares) at Sep. 30, 2021		625
Ending balance (in shares) at Sep. 30, 2021			(16)
Ending balance at Sep. 30, 2021	47,117	$ 6	$ (2,263)	46,366	2,840	156	12	[1]
Beginning balance (in shares) at Jun. 30, 2021		625
Beginning balance (in shares) at Jun. 30, 2021			(7)
Beginning balance at Jun. 30, 2021	48,404	$ 6	$ (1,058)	46,274	2,921	249	12	[1]
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		0
Issuance of restricted stock	0
Exercise of stock options	12			12
Purchase of treasury stock (in shares)			(9)
Purchases of treasury stock	(1,196)		$ (1,196)
Treasury shares held for taxes due upon exercise of stock awards	(9)		$ (9)
Stock-based compensation	80			80
Cash dividends declared and other distributions	(242)				(239)		(3)	[1]
Net earnings	161				158		3	[1]
Other comprehensive earnings (loss), net of tax	(93)					(93)
Ending balance (in shares) at Sep. 30, 2021		625
Ending balance (in shares) at Sep. 30, 2021			(16)
Ending balance at Sep. 30, 2021	$ 47,117	$ 6	$ (2,263)	46,366	2,840	156	12	[1]
Beginning balance (in shares) at Dec. 31, 2021		625
Beginning balance (in shares) at Dec. 31, 2021	(16)		(16)
Beginning balance at Dec. 31, 2021	$ 47,358	$ 6	$ (2,266)	46,466	2,889	252	11	[2]
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		4
Issuance of restricted stock	5			5
Exercise of stock options	57			57
Purchase of treasury stock (in shares)			(14)
Purchases of treasury stock	(1,321)		$ (1,321)
Treasury shares held for taxes due upon exercise of stock awards (in shares)			(1)
Treasury shares held for taxes due upon exercise of stock awards	(98)		$ (98)
Stock-based compensation	198			198
Cash dividends declared and other distributions	(869)			0	(862)		(7)	[2]
Net earnings	651				646		5	[2]
Other comprehensive earnings (loss), net of tax	$ (644)					(644)
Ending balance (in shares) at Sep. 30, 2022		629
Ending balance (in shares) at Sep. 30, 2022	(31)		(31)
Ending balance at Sep. 30, 2022	$ 45,337	$ 6	$ (3,685)	46,726	2,673	(392)	9	[1]
Beginning balance (in shares) at Jun. 30, 2022		628
Beginning balance (in shares) at Jun. 30, 2022			(20)
Beginning balance at Jun. 30, 2022	46,515	$ 6	$ (2,643)	46,634	2,709	(200)	9	[1]
Increase (Decrease) in Stockholders' Equity
Issuance of restricted stock (in shares)		1
Exercise of stock options	39			39
Purchase of treasury stock (in shares)			(11)
Purchases of treasury stock	(1,021)		$ (1,021)
Treasury shares held for taxes due upon exercise of stock awards	(21)		$ (21)
Stock-based compensation	53			53
Cash dividends declared and other distributions	(287)				(285)		(2)	[1]
Net earnings	251				249		2	[1]
Other comprehensive earnings (loss), net of tax	$ (192)					(192)
Ending balance (in shares) at Sep. 30, 2022		629
Ending balance (in shares) at Sep. 30, 2022	(31)		(31)
Ending balance at Sep. 30, 2022	$ 45,337	$ 6	$ (3,685)	$ 46,726	$ 2,673	$ (392)	$ 9	[1]

[1]Excludes redeemable noncontrolling interest that is not considered equity.[2]Excludes redeemable noncontrolling interest that is not considered equity.

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Stockholders' Equity [Abstract]
Cash dividends paid per share (in dollars per share)	$ 0.47	$ 0.39	$ 0.47	$ 0.39

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net earnings	$ 655	$ 133
Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	2,920	2,981
Amortization of debt issuance costs	23	22
Asset impairments	104	202
Loss (gain) on sale of businesses, investments and other	(13)	(233)
Loss on extinguishment of debt	0	528
Stock-based compensation	198	320
Deferred income taxes	(519)	(35)
Net changes in assets and liabilities, net of effects from acquisitions and foreign currency:
Trade and other receivables	161	(229)
Settlement activity	(38)	575
Prepaid expenses and other assets	(250)	(350)
Deferred contract costs	(314)	(323)
Deferred revenue	(59)	(12)
Accounts payable, accrued liabilities and other liabilities	(70)	118
Net cash provided by operating activities	2,798	3,697
Cash flows from investing activities:
Additions to property and equipment	(216)	(193)
Additions to software	(867)	(684)
Settlement of net investment hedge cross-currency interest rate swaps	684	(24)
Net proceeds from sale of businesses and investments	12	370
Other investing activities, net	219	(66)
Net cash provided by (used in) investing activities	(168)	(597)
Cash flows from financing activities:
Borrowings	50,006	40,569
Repayment of borrowings and other financing obligations	(49,349)	(40,644)
Debt issuance costs	(23)	(74)
Net proceeds from stock issued under stock-based compensation plans	53	87
Treasury stock activity	(1,390)	(2,113)
Dividends paid	(858)	(724)
Other financing activities, net	(329)	(138)
Net cash provided by (used in) financing activities	(1,890)	(3,037)
Effect of foreign currency exchange rate changes on cash	(782)	(57)
Net increase (decrease) in cash, cash equivalents and restricted cash	(42)	6
Cash, cash equivalents and restricted cash, beginning of period	4,283	4,030
Cash, cash equivalents and restricted cash, end of period	4,241	4,036
Supplemental cash flow information:
Cash paid for interest	311	370
Cash paid for income taxes	$ 664	$ 272

Basis of Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The unaudited financial information included in this report includes the accounts of FIS and its subsidiaries prepared in accordance with U.S. generally accepted accounting principles and the instructions to Form 10-Q and Article 10 of Regulation S-X. All adjustments considered necessary for a fair presentation have been included. This report should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2021. The preparation of these consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reported periods. The inputs into management's critical and significant accounting estimates consider the economic impact of higher rates of inflation, slower economic growth and the outbreak of the novel coronavirus ("COVID-19") and the subsequently declared COVID-19 pandemic ("the pandemic") by the World Health Organization on March 11, 2020. The extent to which the pandemic further affects our results of operations and financial position will depend on future developments, which are highly uncertain and are difficult to predict, including, but not limited to, the duration and spread of the pandemic and any recurrence or new strain of COVID-19, its severity, the success of vaccines or other actions to contain the virus or treat its impact, and how quickly and to what extent normal economic and operating conditions can resume. Accordingly, our future results could be materially affected by changes in our estimates.

Acquisitions

Acquisitions	9 Months Ended
Acquisitions	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions	AcquisitionsPayrix AcquisitionOn December 23, 2021, FIS acquired 100% of the equity of Payrix Holdings, LLC, and subsidiaries ("Payrix"), previously a privately held fintech company that specializes in embedding and monetizing payments in SaaS platforms to serve the eCommerce needs of small- to medium-sized businesses through a global card-not-present offering. The acquisition was accounted for as a business combination. We recorded an allocation of the $777 million purchase price, primarily paid in cash, to tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values, consisting primarily of $131 million in software assets and $631 million in total goodwill.

Revenue

Revenue	9 Months Ended
Revenue	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Disaggregation of Revenue In the following tables, revenue is disaggregated by primary geographical market and type of revenue. The tables also include a reconciliation of the disaggregated revenue with the Company's reportable segments. For the three months ended September 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,416 $ 845 $ 409 $ 59 $ 2,729 All others 264 335 262 14 875 Total $ 1,680 $ 1,180 $ 671 $ 73 $ 3,604 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,244 $ 1,151 $ 336 $ 66 $ 2,797 Software maintenance 85 1 128 — 214 Other recurring 55 20 24 — 99 Total recurring 1,384 1,172 488 66 3,110 Software license 60 7 75 — 142 Professional services 150 — 107 1 258 Other non-recurring fees 86 1 1 6 94 Total $ 1,680 $ 1,180 $ 671 $ 73 $ 3,604 For the three months ended September 30, 2021 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,369 $ 803 $ 398 $ 50 $ 2,620 All others 241 358 256 32 887 Total $ 1,610 $ 1,161 $ 654 $ 82 $ 3,507 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,200 $ 1,121 $ 297 $ 77 $ 2,695 Software maintenance 90 1 128 — 219 Other recurring 47 22 23 3 95 Total recurring 1,337 1,144 448 80 3,009 Software license 28 5 91 — 124 Professional services 151 — 115 1 267 Other non-recurring fees 94 12 — 1 107 Total $ 1,610 $ 1,161 $ 654 $ 82 $ 3,507 For the nine months ended September 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 4,248 $ 2,586 $ 1,184 $ 173 $ 8,191 All others 740 1,009 808 66 2,623 Total $ 4,988 $ 3,595 $ 1,992 $ 239 $ 10,814 Type of Revenue: Recurring revenue: Transaction processing and services $ 3,740 $ 3,515 $ 982 $ 209 $ 8,446 Software maintenance 259 2 386 1 648 Other recurring 157 66 72 1 296 Total recurring 4,156 3,583 1,440 211 9,390 Software license 112 9 222 — 343 Professional services 444 — 326 4 774 Other non-recurring fees 276 3 4 24 307 Total $ 4,988 $ 3,595 $ 1,992 $ 239 $ 10,814 For the nine months ended September 30, 2021 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 4,028 $ 2,323 $ 1,137 $ 165 $ 7,653 All others 701 980 771 100 2,552 Total $ 4,729 $ 3,303 $ 1,908 $ 265 $ 10,205 Type of Revenue: Recurring revenue: Transaction processing and services $ 3,533 $ 3,217 $ 877 $ 240 $ 7,867 Software maintenance 267 2 382 1 652 Other recurring 125 63 72 9 269 Total recurring 3,925 3,282 1,331 250 8,788 Software license 74 7 232 — 313 Professional services 444 — 335 3 782 Other non-recurring fees 286 14 10 12 322 Total $ 4,729 $ 3,303 $ 1,908 $ 265 $ 10,205 Contract Balances The Company recognized revenue of $120 million and $106 million during the three months and $619 million and $614 million during the nine months ended September 30, 2022 and 2021, respectively, that was included in the corresponding deferred revenue balance at the beginning of the periods. Transaction Price Allocated to the Remaining Performance Obligations As of September 30, 2022, approximately $22.5 billion of revenue is estimated to be recognized in the future primarily from the Banking Solutions and Capital Market Solutions segments' remaining unfulfilled performance obligations, which are primarily comprised of recurring account- and volume-based processing services. This excludes the amount of anticipated recurring renewals not yet contractually obligated. The Company expects to recognize approximately 30% of the Banking Solutions and Capital Market Solutions segments' remaining performance obligations over the next 12 months, approximately another 21% over the next 13 to 24 months, and the balance thereafter. As permitted by ASC 606, Revenue from Contracts with Customers , the Company has elected to exclude from this disclosure an estimate for the Merchant Solutions segment, which is primarily comprised of contracts with an original duration of one year or less or variable consideration that meet specific criteria. This segment's core performance obligations consist of variable consideration under a stand-ready series of distinct days of service, and revenue from the segment's products and service arrangements are generally billed and recognized as the services are performed. The aggregate fixed consideration portion of customer contracts with an initial contract duration greater than one year is not material.

Condensed Consolidated Financia

Condensed Consolidated Financial Statement Details	9 Months Ended
Condensed Consolidated Financial Statement Details	Sep. 30, 2022
Condensed Consolidated Financial Statement Details [Abstract]
Condensed Consolidated Financial Statement Details	Condensed Consolidated Financial Statement Details Cash and Cash Equivalents The Company records restricted cash in captions other than Cash and cash equivalents in the consolidated balance sheets. The reconciliation between Cash and cash equivalents in the consolidated balance sheets and Cash, cash equivalents and restricted cash per the consolidated statements of cash flows is as follows (in millions): September 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 1,932 $ 2,010 Merchant float (in Settlement assets) 2,309 2,273 Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows $ 4,241 $ 4,283 Settlement Assets and Payables The principal components of the Company's settlement assets and payables on the consolidated balance sheets are as follows (in millions): September 30, December 31, Settlement assets Settlement deposits $ 462 $ 530 Merchant float 2,309 2,273 Settlement receivables 1,588 1,217 Total Settlement assets $ 4,359 $ 4,020 Settlement payables $ 5,076 $ 5,295 Allowance for Credit Losses The Company monitors trade receivable balances and contract assets as well as other receivables and estimates the allowance for lifetime expected credit losses. Estimates of expected credit losses are based on historical collection experience and other factors, including those related to current market conditions and events such as higher inflation and interest rates and slower economic growth. The allowance for credit losses is separate from the chargeback liability described in Note 8. While the COVID-19 pandemic did not result in a significant increase in the Company's expected credit loss allowance recorded as of September 30, 2022, and December 31, 2021, it is reasonably possible that future developments related to the economic impact of the COVID-19 pandemic could have a material impact on management's estimates. Property and Equipment, Intangible Assets and Software The following table provides details of Property and equipment, Intangible assets and Software as of September 30, 2022, and December 31, 2021 (in millions): September 30, 2022 December 31, 2021 Cost Accumulated Net Cost Accumulated Net Intangible assets $ 17,823 $ 8,623 $ 9,200 $ 18,919 $ 7,380 $ 11,539 Property and equipment $ 2,311 $ 1,472 $ 839 $ 2,520 $ 1,571 $ 949 Software $ 6,402 $ 3,271 $ 3,131 $ 6,195 $ 2,896 $ 3,299 As of September 30, 2022, Intangible assets, net of amortization, includes $8,919 million of customer relationships and $281 million of trademarks and other intangible assets. Amortization expense with respect to Intangible assets was $534 million and $595 million for the three months and $1,636 million and $1,789 million for the nine months ended September 30, 2022 and 2021, respectively. Depreciation expense for property and equipment was $56 million and $62 million for the three months and $192 million and $195 million for the nine months ended September 30, 2022 and 2021, respectively. Amortization expense with respect to software was $261 million and $303 million for the three months and $822 million and $758 million for the nine months ended September 30, 2022 and 2021, respectively. During the three and nine months ended September 30, 2022 and 2021, the Company recorded $31 million and $83 million and $140 million and $83 million, respectively, of incremental software amortization expense resulting from the Company's platform modernization. Platform modernization includes sunsetting certain technology platforms, which resulted in shortened estimated useful lives and accelerated amortization methods primarily impacting the associated assets over approximately three years, beginning in the third quarter of 2021. Impairments For the three months ended September 30, 2022, the $17 million of impairments were primarily related to certain software rendered obsolete by platform modernization. For the nine months ended September 30, 2022, the Company also recorded $58 million of impairments primarily related to real estate-related assets as a result of office space reductions and $29 million of impairments primarily related to a non-strategic business. During the three and nine months ended September 30, 2021, the Company recorded $202 million of asset impairments for certain software and deferred contract cost assets resulting from the Company's platform modernization initiatives. Goodwill Changes in goodwill during the three months ended September 30, 2022, are summarized below (in millions). Capital Corporate Banking Merchant Market And Solutions Solutions Solutions Other Total Balance, December 31, 2021 $ 12,244 $ 36,403 $ 4,663 $ 20 $ 53,330 Foreign currency adjustments (66) (2,108) (153) — (2,327) Goodwill attributable to acquisitions — 11 — — 11 Balance, September 30, 2022 $ 12,178 $ 34,306 $ 4,510 $ 20 $ 51,014 We assess goodwill for impairment on an annual basis during the fourth quarter or more frequently if circumstances indicate potential impairment. We evaluated if events and circumstances as of September 30, 2022, indicated potential impairment of our reporting units. We performed a qualitative assessment by examining factors most likely to affect our reporting units' fair values and considered the impact to our business from the COVID-19 pandemic and macroeconomic conditions. The factors examined involve significant use of management judgment and included, among others, (1) forecast revenue, growth rates, operating margins, and capital expenditures used to calculate estimated future cash flows, (2) future economic and market conditions and (3) FIS' market capitalization. Based on our interim impairment assessment as of September 30, 2022, we concluded that it remained more likely than not that the fair value continues to exceed the carrying amount for each of our reporting units; therefore, goodwill was not impaired. However, it is reasonably possible that macroeconomic conditions, including rates of economic growth, inflation and interest, and foreign currency movements, in addition to any further economic impact of the COVID-19 pandemic on our Merchant Solutions business, could have a material impact on one or more of the estimates and assumptions used to evaluate goodwill impairment and could result in future goodwill impairment. Visa Europe and Contingent Value Rights As part of the Worldpay acquisition, the Company acquired certain assets and liabilities related to the June 2016 Worldpay Group plc (Legacy Worldpay) disposal of its ownership interest in Visa Europe to Visa Inc. As part of the disposal, Legacy Worldpay received proceeds from Visa Inc. in the form of cash ("cash consideration") and convertible preferred stock ("preferred stock"), the value of which may be reduced by losses incurred relating to ongoing interchange-related litigation involving Visa Europe. Also in connection with the disposal and pursuant to the terms of an amendment executed on September 17, 2020, the Company will pay the former Legacy Worldpay owners 90% of the net-of-tax proceeds from the disposal, known as contingent value rights, which is recorded as a liability ("CVR liability") on the consolidated balance sheets. In the third quarter of 2022, Visa Inc. released a portion of the aforementioned preferred stock which was then converted into common stock. The Company sold the common stock for $269 million and paid to the former Legacy Worldpay owners 90% of the net-of tax proceeds and net-of-tax dividends received since the previous conversion, totaling $186 million paid in the third quarter of 2022 and $14 million subsequently paid in the fourth quarter of 2022. The sale of stock and related third-quarter payment to the former Legacy Worldpay owners were recorded as a reduction of the CVR-related assets and CVR liability, respectively, as of September 30, 2022, and are reflected as Other investing activities, net and Other financing activities, net, respectively on the consolidated statement of cash flows for the nine months ended September 30, 2022. The Company has elected the fair value option under ASC 825, Financial Instruments ("ASC 825"), for measuring its preferred stock asset and CVR liability. The fair value of the preferred stock was $39 million and $197 million at September 30, 2022 and December 31, 2021, respectively, recorded in Other noncurrent assets on the consolidated balance sheets. The fair value of the CVR liability was $341 million at September 30, 2022, with $14 million recorded as Accounts payable, accrued and other liabilities related to amounts owed to the former Legacy Worldpay owners at September 30, 2022, in connection with the preferred stock that was released, converted and sold in the third quarter and $327 million recorded as Other noncurrent liabilities for the remaining preferred stock and cash consideration component. The fair value of the CVR liability was $478 million at December 31, 2021, recorded in Other noncurrent liabilities on the consolidated balance sheets. Pursuant to ASC 825, the Company remeasures the fair value of the preferred stock and CVR liability each reporting period. The net change in fair value was $14 million and $(3) million for the three months ended and $63 million and $12 million for the nine months ended September 30, 2022 and 2021, respectively, recorded in Other income (expense), net on the consolidated statements of earnings (loss). Equity Security Investments

Deferred Contract Costs

Deferred Contract Costs	9 Months Ended
Deferred Contract Costs	Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Contract Costs	Deferred Contract Costs Origination and fulfillment costs from contracts with customers capitalized as of September 30, 2022, and December 31, 2021, consisted of the following (in millions): September 30, 2022 December 31, 2021 Contract costs on implementations in progress $ 180 $ 218 Contract origination costs on completed implementations, net 567 553 Contract fulfillment costs on completed implementations, net 244 198 Total Deferred contract costs, net $ 991 $ 969 Amortization of deferred contract costs on completed implementations was $81 million and $97 million during the three months and $269 million and $240 million during the nine months ended September 30, 2022 and 2021, respectively. The Company recorded $8 million and $19 million during the three months and $36 million and $19 million during the nine months ended September 30, 2022 and 2021, respectively, of incremental amortization expense related to deferred contract costs resulting from the Company's platform modernization. During the three and nine months ended September 30, 2021, the Company recorded $58 million of deferred contract cost asset impairments resulting from the Company's Platform initiatives, as also discussed in Note (3).

Debt

Debt	9 Months Ended
Debt	Sep. 30, 2022
Debt Disclosure [Abstract]
Debt	Debt Long-term debt as of September 30, 2022, and December 31, 2021, consisted of the following (in millions): September 30, 2022 Weighted Average Interest Interest September 30, December 31, Rates Rate (1) Maturities 2022 2021 Fixed Rate Notes Senior USD Notes 0.4% - 5.6% 3.2% 2023 - 2052 $ 9,409 $ 6,909 Senior Euro Notes 0.1% - 3.0% 1.2% 2022 - 2039 6,614 7,656 Senior GBP Notes 2.3% - 3.4% 4.2% 2029 - 2031 1,030 1,655 Revolving Credit Facility (2) 4.3% 2026 164 325 Other (3) (723) (103) Total long-term debt, including current portion 16,494 16,442 Current portion of long-term debt (2,985) (1,617) Long-term debt, excluding current portion $ 13,509 $ 14,825 (1) The weighted average interest rate includes the impact of interest rate swaps (see Note 7). (2) Interest on the Revolving Credit Facility is generally payable at LIBOR plus an applicable margin of up to 1.625% plus an unused commitment fee of up to 0.225%, each based upon the Company's corporate credit ratings. The weighted average interest rate on the Revolving Credit Facility excludes fees. (3) Other includes financing obligations for certain hardware and software, the fair value of interest rate swaps (see Note 7), unamortized non-cash bond discounts and unamortized debt issuance costs. Short-term borrowings as of September 30, 2022, and December 31, 2021, consisted of the following (in millions): September 30, 2022 Weighted Average Interest September 30, December 31, Rate Maturities 2022 2021 Euro-commercial paper notes ("ECP Notes") 0.8 % Up to 183 days $ 1,488 $ 1,723 U.S. commercial paper notes ("USCP Notes") 3.5 % Up to 397 days 934 2,087 Other — 101 Total Short-term borrowings $ 2,422 $ 3,911 As of September 30, 2022, the weighted average interest rate of the Company's outstanding debt was 2.0%, including the impact of interest rate swaps (see Note 7). The following summarizes the aggregate maturities of our long-term debt, including other financing obligations for certain hardware and software, based on stated contractual maturities, excluding the fair value of the interest rate swaps (see Note 7) and net unamortized non-cash bond discounts of $(678) million as of September 30, 2022 (in millions): Total 2022 remaining period $ 989 2023 2,010 2024 1,996 2025 618 2026 1,420 Thereafter 10,246 Total principal payments 17,279 Debt issuance costs, net of accumulated amortization (107) Total long-term debt $ 17,172 There are no mandatory principal payments on the Revolving Credit Facility, and any balance outstanding on the Revolving Credit Facility will be due and payable at its scheduled maturity date, which occurs on March 2, 2026. Senior Notes On July 13, 2022, FIS completed the issuance and sale of Senior USD Notes with an aggregate principal amount of $2.5 billion with interest rates ranging from 4.5% to 5.6% and maturities ranging from 2025 to 2052. The proceeds from the debt issuance were used for the repayment of debt under our commercial paper programs in the third quarter of 2022. In March 2021, pursuant to cash tender offers and make-whole redemptions, FIS purchased and redeemed an aggregate principal amount of $5.1 billion in Senior Notes, comprised of $3,529 million in Senior USD Notes, $600 million in Senior Euro Notes, $871 million in Senior GBP Notes, and $66 million in Senior Euro Floating Rate Notes, with interest rates ranging from 0.0% to 5.0% and maturities ranging from 2021 to 2029, resulting in a loss on extinguishment of debt of approximately $528 million, recorded in Other income (expense), net on the consolidated statement of earnings (loss), relating to tender premiums, make-whole amounts, and fees; the write-off of unamortized bond discounts and debt issuance costs; and losses on related derivative instruments. The Company funded the purchase and redemption of the Senior Notes with proceeds on borrowings from the issuance and sale of Senior USD Notes on March 2, 2021. On March 2, 2021, FIS completed the issuance and sale of Senior USD Notes with an aggregate principal amount of $5.5 billion with interest rates ranging from 0.4% to 3.1% and maturities ranging from 2023 to 2041 ("new Senior USD Notes"). A portion of the proceeds from the debt issuance was used to purchase and redeem certain Senior Notes as discussed above, with the remaining proceeds used to repay a portion of our commercial paper notes. The new Senior USD Notes are subject to customary covenants, including, among others, customary events of default. The new Senior USD Notes also include redemption provisions at the option of FIS, similar to the other Senior Notes. Revolving Credit Facility On March 2, 2021, FIS entered into an amendment to the Revolving Credit Facility agreement to amend certain covenant provisions, revise lender commitments for certain counterparties, and extend the scheduled maturity date to March 2, 2026. As of September 30, 2022, the borrowing capacity under the Revolving Credit Facility was $2,914 million (net of $2,422 million of capacity backstopping our commercial paper notes). Fair Value of Debt

Financial Instruments

Financial Instruments	9 Months Ended
Financial Instruments	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Financial Instruments Fair Value Hedges The Company holds interest rate swaps with aggregate notional amounts of $1,854 million, £925 million and €500 million at each of September 30, 2022, and December 31, 2021, converting the interest rate exposure on certain of the Company's Senior USD Notes, Senior GBP Notes and Senior Euro Notes, as applicable, from fixed to variable. These swaps are designated as fair value hedges for accounting purposes with a net liability fair value of $639 million and $85 million reflected as a decrease in the long-term debt balance at September 30, 2022, and December 31, 2021, respectively (see Note 6). Net Investment Hedges The purpose of the Company's net investment hedges, as discussed below, is to reduce the volatility of FIS' net investment value in its Euro- and Pound Sterling-denominated operations due to changes in foreign currency exchange rates. The Company recorded net investment hedge aggregate gain (loss) for the change in fair value as Foreign currency translation adjustments and related income tax (expense) benefit within Other comprehensive earnings (loss), net of tax, on the consolidated statements of comprehensive earnings (loss) of $983 million and $386 million during the three months and $2,116 million and $678 million during the nine months ended September 30, 2022 and 2021, respectively. The amounts included in Accumulated other comprehensive earnings (loss) (“AOCI”) for the net investment hedges will remain in AOCI until the complete or substantially complete liquidation of our investment in the underlying foreign operations. No ineffectiveness has been recorded on the net investment hedges. Foreign Currency-Denominated Debt Designations The Company designates certain foreign currency-denominated debt as net investment hedges of its investment in Euro- and Pound Sterling-denominated operations. As of September 30, 2022, and December 31, 2021, an aggregate €7,848 million and €8,275 million, respectively, was designated as a net investment hedge of the Company's investment in Euro-denominated operations related to Senior Euro Notes with maturities ranging from 2022 to 2039 and ECP Notes. As of September 30, 2022, and December 31, 2021, an aggregate £665 million and £1,193 million, respectively, was designated as a net investment hedge of the Company's Pound Sterling-denominated operations related to the Senior GBP Notes with maturities ranging from 2029 to 2031 at September 30, 2022. Cross-Currency Interest Rate Swap Designations The Company holds cross-currency interest rate swaps and designates them as net investment hedges of its investment in Euro- and Pound Sterling-denominated operations. As of September 30, 2022, and December 31, 2021, aggregate notional amounts of €6,343 million and €5,906 million, respectively, were designated as net investment hedges of the Company's investment in Euro-denominated operations, and aggregate notional amounts of £2,386 million and £2,345 million, respectively, were designated as net investment hedges of the Company's Pound Sterling-denominated operations. The cross-currency interest rate swap fair values were net assets of $950 million at September 30, 2022, and net assets of $258 million at December 31, 2021, respectively. During the nine months ended September 30, 2022, the Company entered into transactions to cash settle existing cross-currency interest rate swaps designated as net investment hedges and received net proceeds of approximately $684 million for the fair values of the cross-currency interest rate swaps as of the termination dates. The proceeds were recorded within investing activities on the consolidated statements of cash flows. Following the settlement of the existing cross-currency interest rate swaps, the Company entered into new cross-currency interest rate swaps at current market terms with similar notional amounts and maturity dates as the settled cross-currency interest rate swaps.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Brazilian Tax Authorities Claims In 2004, Proservvi Empreendimentos e Servicos, Ltda., the predecessor to Fidelity National Servicos de Tratamento de Documentos e Informatica Ltda. ("Servicos"), a subsidiary of Fidelity National Participacoes Ltda., our former item processing and remittance services operation in Brazil, acquired certain assets and employees and leased certain facilities from the Transpev Group ("Transpev") in Brazil. Transpev's remaining assets were later acquired by Prosegur, an unrelated third party. When Transpev discontinued its operations after the asset sale to Prosegur, it had unpaid federal taxes and social contributions owing to the Brazilian tax authorities. The Brazilian tax authorities brought a claim against Transpev and, beginning in 2012, brought claims against Prosegur and Servicos on the grounds that Prosegur and Servicos were successors in interest to Transpev. To date, the Brazilian tax authorities filed 14 claims against Servicos asserting potential tax liabilities of approximately $12 million. There are potentially 24 additional claims against Transpev/Prosegur for which Servicos is named as a co-defendant or may be named but for which Servicos has not yet been served. These additional claims amount to approximately $33 million, making the total potential exposure for all 38 claims approximately $45 million. We do not believe a liability for these 38 total claims is probable and, therefore, have not recorded a liability for any of these claims. Tax Receivable Agreement The Company assumed in the Worldpay acquisition a Tax Receivable Agreement ("TRA") under which the Company agreed to make payments to Fifth Third Bank ("Fifth Third") of 85% of the federal, state, local and foreign income tax benefits realized by the Company as a result of certain tax deductions. In December 2019, the Company entered into a Tax Receivable Purchase Addendum (the "Amendment") that provides written call and put options (collectively "the options") to terminate certain estimated obligations under the TRA in exchange for fixed cash payments. The remaining TRA obligations not subject to the Amendment are based on the cash savings realized by the Company by comparing the actual income tax liability of the Company to the amount of such taxes the Company would have been required to pay had there been no deductions related to the tax attributes. Under the TRA, in certain specified circumstances, such as certain changes of control, the Company may be required to make payments in excess of such cash savings. Obligations recorded in our consolidated financial statements pursuant to the TRA are based on estimates of future deductions and future tax rates and, in the case of the obligations subject to the Amendment, reflect management's expectation that the options will be exercised. In January 2022, the Company exercised its second call option pursuant to the Amendment, which results in fixed cash payments to Fifth Third of $186 million. The timing and/or amount of aggregate payments due under the TRA may vary based on a number of factors, including the exercise of options, the amount and timing of taxable income the Company generates in the future and the tax rate then applicable, the use of loss carryforwards and amortizable basis. Each reporting period, the Company evaluates the assumptions underlying the TRA obligations. The consolidated balance sheets as of September 30, 2022, and December 31, 2021, include a total liability of $313 million and $451 million, respectively, relating to the TRA. Chargeback Liability Through services offered in our Merchant Solutions segment, the Company is exposed to potential losses from merchant-related chargebacks. A chargeback occurs when a dispute between a cardholder and a merchant, including a claim for non-delivery of the product or service by the merchant, is not resolved in favor of the merchant and the transaction is charged back to the merchant resulting in a refund of the purchase price to the cardholder. If the Company is unable to collect this chargeback amount from the merchant due to closure, bankruptcy or other reasons, the Company bears the loss for the refund paid to the cardholder. The risk of chargebacks is typically greater for those merchants that promise future delivery of goods and services rather than delivering goods or rendering services at the time of payment. The economic impact of the COVID-19 pandemic has not resulted in material chargeback losses as of September 30, 2022; however, it is reasonably possible that the Company has incurred or may incur significant losses related to future chargebacks. Due to the unprecedented nature of the pandemic and the numerous current and future uncertainties that may impact any potential chargeback losses, and considering that the Company has no historical experience with similar uncertainties, a reasonable estimate of the possible accrual for future chargeback losses or range of losses cannot be made. Indemnifications and Warranties The Company generally indemnifies its clients, subject to certain limitations and exceptions, against damages and costs resulting from claims of patent, copyright, or trademark infringement associated solely with its customers' use of the Company's software applications or services. Historically, the Company has not made any material payments under such indemnifications but continues to monitor the conditions that are subject to the indemnifications to identify whether it is probable that a loss has occurred, in which case it would recognize any such losses when they are estimable. In addition, the Company warrants to customers that its software operates substantially in accordance with the software specifications. Historically, no material costs have been incurred related to software warranties, and no accruals for warranty costs have been made.

Stock Compensation Plans

Stock Compensation Plans	9 Months Ended
Stock Compensation Plans	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Stock Compensation Plans	Stock Compensation PlansOn January 1, 2021, the Company established a Qualified Retirement Equity Program that modified our existing stock compensation plans. The modification implemented a new retirement policy that permits retirees that meet certain eligibility criteria to continue vesting in unvested equity awards in accordance with the terms of the respective grant agreements, resulting in accelerated stock compensation expense for those employees meeting the definition of retirement eligible. During the quarter ended March 31, 2021, the Company recorded $104 million in accelerated stock compensation expense included in Selling, general, and administrative expenses in the consolidated statement of earnings to reflect the impact of the modification on unvested equity awards outstanding at January 1, 2021.

Related-Party Transactions

Related-Party Transactions	9 Months Ended
Related-Party Transactions	Sep. 30, 2022
Related Party Transactions [Abstract]
Related-Party Transactions	Related-Party Transactions The Company held a noncontrolling ownership stake in Cardinal Holdings ("Cardinal"), which operated the Capco consulting business, through April 29, 2021, when we sold our ownership stake due to an acquisition transaction of the Capco consulting business by Wipro Ltd. As a result of the transaction, we received net cash proceeds of approximately $367 million and recorded an approximately $225 million gain in Other income (expense), net on the consolidated statement of earnings (loss). Prior to the sale, the Company recorded the ownership stake in Cardinal as an equity method investment included within Other noncurrent assets on the consolidated balance sheet. FIS purchases services and software licenses from Cardinal from time to time. Cardinal was a related party through April 29, 2021. Amounts transacted through this agreement was not significant to the 2021 period presented when Cardinal was a related party.

Net Earnings (Loss) per Share

Net Earnings (Loss) per Share	9 Months Ended
Net Earnings (Loss) per Share	Sep. 30, 2022
Earnings Per Share [Abstract]
Net Earnings (Loss) per Share	Net Earnings (Loss) per ShareThe basic weighted average shares and common stock equivalents for the three and nine months ended September 30, 2022 and 2021, were computed using the treasury stock method. The following table summarizes net earnings (loss) and net earnings (loss) per share attributable to FIS common stockholders for the three and nine months ended September 30, 2022 and 2021 (in millions, except per share amounts): Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Net earnings (loss) attributable to FIS common stockholders $ 249 $ 158 $ 646 $ 126 Weighted average shares outstanding-basic 605 613 608 618 Plus: Common stock equivalent shares 2 6 3 5 Weighted average shares outstanding-diluted 607 619 611 623 Net earnings (loss) per share-basic attributable to FIS common stockholders $ 0.41 $ 0.26 $ 1.06 $ 0.20 Net earnings (loss) per share-diluted attributable to FIS common stockholders $ 0.41 $ 0.26 $ 1.06 $ 0.20 Options to purchase approximately 5 million and 1 million shares of our common stock for the three months and 4 million and 1 million for the nine months ended September 30, 2022 and 2021, respectively, were not included in the computation of diluted earnings per share because they were anti-dilutive.

Segment Information

Segment Information	9 Months Ended
Segment Information	Sep. 30, 2022
Segment Reporting [Abstract]
Segment Information	Segment Information FIS reports its financial performance based on the following segments: Banking Solutions, Merchant Solutions, Capital Market Solutions and Corporate and Other. Below is a summary of each segment. Banking Solutions ("Banking") The Banking segment is focused on serving financial institutions of all sizes with core processing software, transaction processing software and complementary applications and services, many of which interact directly with core processing software. We sell these solutions and services on either a bundled or stand-alone basis. Clients in this segment include global financial institutions, U.S. regional and community banks, credit unions and commercial lenders, as well as government institutions and other commercial organizations. Banking serves clients in more than 100 countries. We provide our clients integrated solutions characterized by multi-year processing contracts that generate recurring revenue. The predictable nature of cash flows generated from the Banking segment provides opportunities for further investments in innovation, integration, information and security, and compliance in a cost-effective manner. Merchant Solutions ("Merchant") The Merchant segment is focused on serving merchants of all sizes globally, enabling them to accept, authorize and settle electronic payment transactions. Merchant includes all aspects of payment processing, including value-added services, such as security, fraud prevention, advanced data analytics, foreign currency management and numerous funding options. Merchant serves clients in over 100 countries. Our Merchant clients are highly-diversified, including global enterprises, national retailers and small- to medium-sized businesses. The Merchant segment utilizes broad and varied distribution channels, including direct sales forces and multiple referral partner relationships that provide us with access to new and existing markets. Capital Market Solutions ("Capital Markets") The Capital Markets segment is focused on serving global financial services clients with a broad array of buy- and sell-side solutions. Clients in this segment operate in more than 100 countries and include asset managers, buy- and sell-side securities brokerage and trading firms, insurers, private equity firms, and other commercial organizations. Our buy- and sell-side solutions include a variety of mission-critical applications for recordkeeping, data and analytics, trading, financing and risk management. Capital Markets clients purchase our solutions and services in various ways including licensing and managing technology "in-house," using consulting and third-party service providers, as well as procuring fully outsourced end-to-end solutions. Our long-established relationships with many of these financial and commercial institutions generate significant recurring revenue. We have made, and continue to make, investments in modern platforms, advanced technologies, open APIs, machine learning and artificial intelligence, and regulatory technology to support our Capital Markets clients. Corporate and Other The Corporate and Other segment consists of corporate overhead expense, certain leveraged functions and miscellaneous expenses that are not included in the operating segments, as well as certain non-strategic businesses that we plan to wind down or sell. The overhead and leveraged costs relate to corporate marketing, corporate finance and accounting, human resources, legal, and amortization of acquisition-related intangibles and other costs, such as acquisition and integration expenses, that are not considered when management evaluates revenue-generating segment performance. In the Corporate and Other segment, the Company recorded acquisition and integration costs primarily related to the Worldpay acquisition as well as certain other costs, including costs associated primarily with the Company's platform modernization totaling $60 million and $64 million for the three months and $220 million and $64 million for the nine months ended September 30, 2022 and 2021, respectively. These other costs also included incremental amortization expense associated with shortened estimated useful lives and accelerated amortization methods for certain software and deferred contract cost assets resulting from the Company's platform modernization totaling $39 million and $102 million for the three months and $176 million and $102 million for the nine months ended September 30, 2022 and 2021, respectively. Additionally, the Company recorded severance and other termination expenses associated with enterprise cost control initiatives and changes in senior management totaling $17 million and $2 million for the three months and $60 million and $17 million for the nine months ended September 30, 2022 and 2021, respectively. These other costs also included stock-based compensation expense, primarily resulting from one-time performance-related awards, totaling $30 million and $42 million for the three months and $94 million and $114 million for the nine months ended September 30, 2022 and 2021, respectively. For the nine months ended September 30, 2021, the Company also recorded $104 million in accelerated stock compensation expense to reflect the impact of establishing a Qualified Retirement Equity Program that modified unvested equity awards outstanding at January 1, 2021 (see Note 9). For the three and nine months ended September 30, 2021, the Company also recorded other costs related to data center consolidation activities totaling $4 million and $32 million and incremental costs directly related to COVID-19 totaling $14 million and $33 million, respectively. The Corporate and Other segment also includes impairment expense, which for the three months ended September 30, 2022, totaled $17 million primarily related to certain software rendered obsolete by platform modernization. For the nine months ended September 30, 2022, the Company also recorded $58 million of impairments primarily related to real estate-related assets as a result of office space reductions and $29 million of impairments primarily related to a non-strategic business. Adjusted EBITDA Adjusted EBITDA is a measure of segment profit or loss that is reported to the chief operating decision maker for purposes of making decisions about allocating resources to the segments and assessing their performance. For this reason, Adjusted EBITDA, as it relates to our segments, is presented in conformity with FASB ASC Topic 280, Segment Reporting . Adjusted EBITDA is defined as net earnings (loss) before net interest expense, net other income (expense), income tax provision (benefit), equity method investment earnings (loss), and depreciation and amortization, and excludes certain costs and other transactions that management deems non-operational in nature or that otherwise improve the comparability of operating results across reporting periods by their exclusion. The items affecting the segment profit measure generally include the purchase price amortization of acquired intangible assets as well as acquisition, integration and certain other costs and asset impairments. Adjusted EBITDA also excludes incremental and direct costs resulting from the COVID-19 pandemic. These costs and adjustments are recorded in the Corporate and Other segment for the periods discussed below. Adjusted EBITDA for the respective segments excludes the foregoing costs and adjustments. Summarized financial information for the Company's segments is shown in the following tables. The Company does not evaluate performance or allocate resources based on segment asset data; therefore, such information is not presented. For the three months ended September 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,680 $ 1,180 $ 671 $ 73 $ 3,604 Operating expenses (1,107) (708) (423) (904) (3,142) Depreciation and amortization (including purchase accounting amortization) 148 88 82 614 932 Acquisition, integration and other costs — — — 164 164 Asset impairments — — — 17 17 Adjusted EBITDA $ 721 $ 560 $ 330 $ (36) $ 1,575 Adjusted EBITDA $ 1,575 Depreciation and amortization (324) Purchase accounting amortization (608) Acquisition, integration and other costs (164) Asset impairments (17) Interest expense, net (76) Other income (expense), net (41) (Provision) benefit for income taxes (91) Net earnings attributable to noncontrolling interest (5) Net earnings attributable to FIS common stockholders $ 249 Capital expenditures $ 109 $ 122 $ 63 $ 37 $ 331 For the three months ended September 30, 2021 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,610 $ 1,161 $ 654 $ 82 $ 3,507 Operating expenses (1,012) (647) (419) (1,291) (3,369) Depreciation and amortization (including purchase accounting amortization) 144 86 81 747 1,058 Acquisition, integration and other costs — — — 187 187 Asset impairments — $ — $ — 202 202 Adjusted EBITDA $ 742 $ 600 $ 316 $ (73) $ 1,585 Adjusted EBITDA $ 1,585 Depreciation and amortization (344) Purchase accounting amortization (714) Acquisition, integration and other costs (187) Asset impairments (202) Interest expense, net (46) Other income (expense), net 110 (Provision) benefit for income taxes (41) Net earnings attributable to noncontrolling interest (3) Net earnings attributable to FIS common stockholders $ 158 Capital expenditures $ 94 $ 74 $ 47 $ 50 $ 265 For the nine months ended September 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 4,988 $ 3,595 $ 1,992 $ 239 $ 10,814 Operating expenses (3,281) (2,167) (1,295) (3,078) (9,821) Depreciation and amortization (including purchase accounting amortization) 448 268 258 1,946 2,920 Acquisition, integration and other costs — — — 574 574 Asset impairments — — — 104 104 Adjusted EBITDA $ 2,155 $ 1,696 $ 955 $ (215) $ 4,591 Adjusted EBITDA $ 4,591 Depreciation and amortization (1,035) Purchase accounting amortization (1,885) Acquisition, integration and other costs (574) Asset impairments (104) Interest expense (166) Other income (expense), net 51 (Provision) benefit for income taxes (223) Net earnings attributable to noncontrolling interest (9) Net earnings (loss) attributable to FIS common stockholders $ 646 Capital expenditures $ 385 $ 374 $ 210 $ 114 $ 1,083 For the nine months ended September 30, 2021 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 4,729 $ 3,303 $ 1,908 $ 265 $ 10,205 Operating expenses (3,041) (1,927) (1,259) (3,378) (9,605) Depreciation and amortization (including purchase accounting amortization) 441 263 248 2,029 2,981 Acquisition, integration and other costs — — — 629 629 Asset impairments — — — 202 202 Adjusted EBITDA $ 2,129 $ 1,639 $ 897 $ (253) $ 4,412 Adjusted EBITDA $ 4,412 Depreciation and amortization (918) Purchase accounting amortization (2,063) Acquisition, integration and other costs (629) Asset impairments (202) Interest expense, net (169) Other income (expense), net (58) (Provision) benefit for income taxes (246) Equity method investment earnings (loss) 6 Net earnings attributable to noncontrolling interest (7) Net earnings attributable to FIS common stockholders $ 126 Capital expenditures $ 301 $ 270 $ 157 $ 149 $ 877

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
Basis of Presentation (Policies)	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The unaudited financial information included in this report includes the accounts of FIS and its subsidiaries prepared in accordance with U.S. generally accepted accounting principles and the instructions to Form 10-Q and Article 10 of Regulation S-X. All adjustments considered necessary for a fair presentation have been included. This report should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2021. The preparation of these consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reported periods. The inputs into management's critical and significant accounting estimates consider the economic impact of higher rates of inflation, slower economic growth and the outbreak of the novel coronavirus ("COVID-19") and the subsequently declared COVID-19 pandemic ("the pandemic") by the World Health Organization on March 11, 2020. The extent to which the pandemic further affects our results of operations and financial position will depend on future developments, which are highly uncertain and are difficult to predict, including, but not limited to, the duration and spread of the pandemic and any recurrence or new strain of COVID-19, its severity, the success of vaccines or other actions to contain the virus or treat its impact, and how quickly and to what extent normal economic and operating conditions can resume. Accordingly, our future results could be materially affected by changes in our estimates.
Allowance for Credit Losses	The Company monitors trade receivable balances and contract assets as well as other receivables and estimates the allowance for lifetime expected credit losses. Estimates of expected credit losses are based on historical collection experience and other factors, including those related to current market conditions and events such as higher inflation and interest rates and slower economic growth. The allowance for credit losses is separate from the chargeback liability described in Note 8.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
Revenue (Tables)	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	For the three months ended September 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,416 $ 845 $ 409 $ 59 $ 2,729 All others 264 335 262 14 875 Total $ 1,680 $ 1,180 $ 671 $ 73 $ 3,604 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,244 $ 1,151 $ 336 $ 66 $ 2,797 Software maintenance 85 1 128 — 214 Other recurring 55 20 24 — 99 Total recurring 1,384 1,172 488 66 3,110 Software license 60 7 75 — 142 Professional services 150 — 107 1 258 Other non-recurring fees 86 1 1 6 94 Total $ 1,680 $ 1,180 $ 671 $ 73 $ 3,604 For the three months ended September 30, 2021 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 1,369 $ 803 $ 398 $ 50 $ 2,620 All others 241 358 256 32 887 Total $ 1,610 $ 1,161 $ 654 $ 82 $ 3,507 Type of Revenue: Recurring revenue: Transaction processing and services $ 1,200 $ 1,121 $ 297 $ 77 $ 2,695 Software maintenance 90 1 128 — 219 Other recurring 47 22 23 3 95 Total recurring 1,337 1,144 448 80 3,009 Software license 28 5 91 — 124 Professional services 151 — 115 1 267 Other non-recurring fees 94 12 — 1 107 Total $ 1,610 $ 1,161 $ 654 $ 82 $ 3,507 For the nine months ended September 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 4,248 $ 2,586 $ 1,184 $ 173 $ 8,191 All others 740 1,009 808 66 2,623 Total $ 4,988 $ 3,595 $ 1,992 $ 239 $ 10,814 Type of Revenue: Recurring revenue: Transaction processing and services $ 3,740 $ 3,515 $ 982 $ 209 $ 8,446 Software maintenance 259 2 386 1 648 Other recurring 157 66 72 1 296 Total recurring 4,156 3,583 1,440 211 9,390 Software license 112 9 222 — 343 Professional services 444 — 326 4 774 Other non-recurring fees 276 3 4 24 307 Total $ 4,988 $ 3,595 $ 1,992 $ 239 $ 10,814 For the nine months ended September 30, 2021 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Primary Geographical Markets: North America $ 4,028 $ 2,323 $ 1,137 $ 165 $ 7,653 All others 701 980 771 100 2,552 Total $ 4,729 $ 3,303 $ 1,908 $ 265 $ 10,205 Type of Revenue: Recurring revenue: Transaction processing and services $ 3,533 $ 3,217 $ 877 $ 240 $ 7,867 Software maintenance 267 2 382 1 652 Other recurring 125 63 72 9 269 Total recurring 3,925 3,282 1,331 250 8,788 Software license 74 7 232 — 313 Professional services 444 — 335 3 782 Other non-recurring fees 286 14 10 12 322 Total $ 4,729 $ 3,303 $ 1,908 $ 265 $ 10,205

Condensed Consolidated Financ_2

Condensed Consolidated Financial Statement Details (Tables)	9 Months Ended
Condensed Consolidated Financial Statement Details (Tables)	Sep. 30, 2022
Condensed Consolidated Financial Statement Details [Abstract]
Schedule of Restricted Cash and Cash Equivalents	The reconciliation between Cash and cash equivalents in the consolidated balance sheets and Cash, cash equivalents and restricted cash per the consolidated statements of cash flows is as follows (in millions): September 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 1,932 $ 2,010 Merchant float (in Settlement assets) 2,309 2,273 Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows $ 4,241 $ 4,283
Schedule of Cash and Cash Equivalents	The reconciliation between Cash and cash equivalents in the consolidated balance sheets and Cash, cash equivalents and restricted cash per the consolidated statements of cash flows is as follows (in millions): September 30, December 31, Cash and cash equivalents on the consolidated balance sheets $ 1,932 $ 2,010 Merchant float (in Settlement assets) 2,309 2,273 Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows $ 4,241 $ 4,283
Schedule Of Settlement Assets and Payables	The principal components of the Company's settlement assets and payables on the consolidated balance sheets are as follows (in millions): September 30, December 31, Settlement assets Settlement deposits $ 462 $ 530 Merchant float 2,309 2,273 Settlement receivables 1,588 1,217 Total Settlement assets $ 4,359 $ 4,020 Settlement payables $ 5,076 $ 5,295
Schedule of Property and Equipment, Intangible Assets and Software	The following table provides details of Property and equipment, Intangible assets and Software as of September 30, 2022, and December 31, 2021 (in millions): September 30, 2022 December 31, 2021 Cost Accumulated Net Cost Accumulated Net Intangible assets $ 17,823 $ 8,623 $ 9,200 $ 18,919 $ 7,380 $ 11,539 Property and equipment $ 2,311 $ 1,472 $ 839 $ 2,520 $ 1,571 $ 949 Software $ 6,402 $ 3,271 $ 3,131 $ 6,195 $ 2,896 $ 3,299
Schedule of Goodwill	Changes in goodwill during the three months ended September 30, 2022, are summarized below (in millions). Capital Corporate Banking Merchant Market And Solutions Solutions Solutions Other Total Balance, December 31, 2021 $ 12,244 $ 36,403 $ 4,663 $ 20 $ 53,330 Foreign currency adjustments (66) (2,108) (153) — (2,327) Goodwill attributable to acquisitions — 11 — — 11 Balance, September 30, 2022 $ 12,178 $ 34,306 $ 4,510 $ 20 $ 51,014

Deferred Contract Costs (Tables

Deferred Contract Costs (Tables)	9 Months Ended
Deferred Contract Costs (Tables)	Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Deferred Contract Cost	Origination and fulfillment costs from contracts with customers capitalized as of September 30, 2022, and December 31, 2021, consisted of the following (in millions): September 30, 2022 December 31, 2021 Contract costs on implementations in progress $ 180 $ 218 Contract origination costs on completed implementations, net 567 553 Contract fulfillment costs on completed implementations, net 244 198 Total Deferred contract costs, net $ 991 $ 969

Debt (Tables)

Debt (Tables)	9 Months Ended
Debt (Tables)	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-term debt as of September 30, 2022, and December 31, 2021, consisted of the following (in millions): September 30, 2022 Weighted Average Interest Interest September 30, December 31, Rates Rate (1) Maturities 2022 2021 Fixed Rate Notes Senior USD Notes 0.4% - 5.6% 3.2% 2023 - 2052 $ 9,409 $ 6,909 Senior Euro Notes 0.1% - 3.0% 1.2% 2022 - 2039 6,614 7,656 Senior GBP Notes 2.3% - 3.4% 4.2% 2029 - 2031 1,030 1,655 Revolving Credit Facility (2) 4.3% 2026 164 325 Other (3) (723) (103) Total long-term debt, including current portion 16,494 16,442 Current portion of long-term debt (2,985) (1,617) Long-term debt, excluding current portion $ 13,509 $ 14,825 (1) The weighted average interest rate includes the impact of interest rate swaps (see Note 7). (2) Interest on the Revolving Credit Facility is generally payable at LIBOR plus an applicable margin of up to 1.625% plus an unused commitment fee of up to 0.225%, each based upon the Company's corporate credit ratings. The weighted average interest rate on the Revolving Credit Facility excludes fees. (3) Other includes financing obligations for certain hardware and software, the fair value of interest rate swaps (see Note 7), unamortized non-cash bond discounts and unamortized debt issuance costs.
Schedule of Short-Term Debt	Short-term borrowings as of September 30, 2022, and December 31, 2021, consisted of the following (in millions): September 30, 2022 Weighted Average Interest September 30, December 31, Rate Maturities 2022 2021 Euro-commercial paper notes ("ECP Notes") 0.8 % Up to 183 days $ 1,488 $ 1,723 U.S. commercial paper notes ("USCP Notes") 3.5 % Up to 397 days 934 2,087 Other — 101 Total Short-term borrowings $ 2,422 $ 3,911
Schedule of Principal Maturities of Long-Term Debt	The following summarizes the aggregate maturities of our long-term debt, including other financing obligations for certain hardware and software, based on stated contractual maturities, excluding the fair value of the interest rate swaps (see Note 7) and net unamortized non-cash bond discounts of $(678) million as of September 30, 2022 (in millions): Total 2022 remaining period $ 989 2023 2,010 2024 1,996 2025 618 2026 1,420 Thereafter 10,246 Total principal payments 17,279 Debt issuance costs, net of accumulated amortization (107) Total long-term debt $ 17,172

Net Earnings (Loss) per Share (

Net Earnings (Loss) per Share (Tables)	9 Months Ended
Net Earnings (Loss) per Share (Tables)	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) Per Share Attributable to FIS Common Stockholders	The following table summarizes net earnings (loss) and net earnings (loss) per share attributable to FIS common stockholders for the three and nine months ended September 30, 2022 and 2021 (in millions, except per share amounts): Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 Net earnings (loss) attributable to FIS common stockholders $ 249 $ 158 $ 646 $ 126 Weighted average shares outstanding-basic 605 613 608 618 Plus: Common stock equivalent shares 2 6 3 5 Weighted average shares outstanding-diluted 607 619 611 623 Net earnings (loss) per share-basic attributable to FIS common stockholders $ 0.41 $ 0.26 $ 1.06 $ 0.20 Net earnings (loss) per share-diluted attributable to FIS common stockholders $ 0.41 $ 0.26 $ 1.06 $ 0.20

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Sep. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Information	Summarized financial information for the Company's segments is shown in the following tables. The Company does not evaluate performance or allocate resources based on segment asset data; therefore, such information is not presented. For the three months ended September 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,680 $ 1,180 $ 671 $ 73 $ 3,604 Operating expenses (1,107) (708) (423) (904) (3,142) Depreciation and amortization (including purchase accounting amortization) 148 88 82 614 932 Acquisition, integration and other costs — — — 164 164 Asset impairments — — — 17 17 Adjusted EBITDA $ 721 $ 560 $ 330 $ (36) $ 1,575 Adjusted EBITDA $ 1,575 Depreciation and amortization (324) Purchase accounting amortization (608) Acquisition, integration and other costs (164) Asset impairments (17) Interest expense, net (76) Other income (expense), net (41) (Provision) benefit for income taxes (91) Net earnings attributable to noncontrolling interest (5) Net earnings attributable to FIS common stockholders $ 249 Capital expenditures $ 109 $ 122 $ 63 $ 37 $ 331 For the three months ended September 30, 2021 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 1,610 $ 1,161 $ 654 $ 82 $ 3,507 Operating expenses (1,012) (647) (419) (1,291) (3,369) Depreciation and amortization (including purchase accounting amortization) 144 86 81 747 1,058 Acquisition, integration and other costs — — — 187 187 Asset impairments — $ — $ — 202 202 Adjusted EBITDA $ 742 $ 600 $ 316 $ (73) $ 1,585 Adjusted EBITDA $ 1,585 Depreciation and amortization (344) Purchase accounting amortization (714) Acquisition, integration and other costs (187) Asset impairments (202) Interest expense, net (46) Other income (expense), net 110 (Provision) benefit for income taxes (41) Net earnings attributable to noncontrolling interest (3) Net earnings attributable to FIS common stockholders $ 158 Capital expenditures $ 94 $ 74 $ 47 $ 50 $ 265 For the nine months ended September 30, 2022 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 4,988 $ 3,595 $ 1,992 $ 239 $ 10,814 Operating expenses (3,281) (2,167) (1,295) (3,078) (9,821) Depreciation and amortization (including purchase accounting amortization) 448 268 258 1,946 2,920 Acquisition, integration and other costs — — — 574 574 Asset impairments — — — 104 104 Adjusted EBITDA $ 2,155 $ 1,696 $ 955 $ (215) $ 4,591 Adjusted EBITDA $ 4,591 Depreciation and amortization (1,035) Purchase accounting amortization (1,885) Acquisition, integration and other costs (574) Asset impairments (104) Interest expense (166) Other income (expense), net 51 (Provision) benefit for income taxes (223) Net earnings attributable to noncontrolling interest (9) Net earnings (loss) attributable to FIS common stockholders $ 646 Capital expenditures $ 385 $ 374 $ 210 $ 114 $ 1,083 For the nine months ended September 30, 2021 (in millions): Capital Banking Merchant Market Corporate Solutions Solutions Solutions and Other Total Revenue $ 4,729 $ 3,303 $ 1,908 $ 265 $ 10,205 Operating expenses (3,041) (1,927) (1,259) (3,378) (9,605) Depreciation and amortization (including purchase accounting amortization) 441 263 248 2,029 2,981 Acquisition, integration and other costs — — — 629 629 Asset impairments — — — 202 202 Adjusted EBITDA $ 2,129 $ 1,639 $ 897 $ (253) $ 4,412 Adjusted EBITDA $ 4,412 Depreciation and amortization (918) Purchase accounting amortization (2,063) Acquisition, integration and other costs (629) Asset impairments (202) Interest expense, net (169) Other income (expense), net (58) (Provision) benefit for income taxes (246) Equity method investment earnings (loss) 6 Net earnings attributable to noncontrolling interest (7) Net earnings attributable to FIS common stockholders $ 126 Capital expenditures $ 301 $ 270 $ 157 $ 149 $ 877

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Millions	Dec. 23, 2021	Sep. 30, 2022	Dec. 31, 2021
Business Acquisition
Goodwill		$ 51,014	$ 53,330
Payrix Acquisition
Business Acquisition
Percentage of equity interests acquired	100%
Purchase price	$ 777
Goodwill	631
Payrix Acquisition \| Computer software, intangible asset
Business Acquisition
Identifiable finite lived intangibles assets acquired	$ 131

Revenue - Disaggregate Revenue

Revenue - Disaggregate Revenue (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue
Revenue	$ 3,604	$ 3,507	$ 10,814	$ 10,205
Recurring
Disaggregation of Revenue
Revenue	3,110	3,009	9,390	8,788
Transaction processing and services \| Recurring
Disaggregation of Revenue
Revenue	2,797	2,695	8,446	7,867
Software maintenance \| Recurring
Disaggregation of Revenue
Revenue	214	219	648	652
Other recurring \| Recurring
Disaggregation of Revenue
Revenue	99	95	296	269
Software license \| Non-recurring
Disaggregation of Revenue
Revenue	142	124	343	313
Professional services \| Non-recurring
Disaggregation of Revenue
Revenue	258	267	774	782
Other non-recurring fees \| Non-recurring
Disaggregation of Revenue
Revenue	94	107	307	322
North America
Disaggregation of Revenue
Revenue	2,729	2,620	8,191	7,653
All others
Disaggregation of Revenue
Revenue	875	887	2,623	2,552
Corporate and Other
Disaggregation of Revenue
Revenue	73	82	239	265
Corporate and Other \| Recurring
Disaggregation of Revenue
Revenue	66	80	211	250
Corporate and Other \| Transaction processing and services \| Recurring
Disaggregation of Revenue
Revenue	66	77	209	240
Corporate and Other \| Software maintenance \| Recurring
Disaggregation of Revenue
Revenue	0	0	1	1
Corporate and Other \| Other recurring \| Recurring
Disaggregation of Revenue
Revenue	0	3	1	9
Corporate and Other \| Software license \| Non-recurring
Disaggregation of Revenue
Revenue	0	0	0	0
Corporate and Other \| Professional services \| Non-recurring
Disaggregation of Revenue
Revenue	1	1	4	3
Corporate and Other \| Other non-recurring fees \| Non-recurring
Disaggregation of Revenue
Revenue	6	1	24	12
Corporate and Other \| North America
Disaggregation of Revenue
Revenue	59	50	173	165
Corporate and Other \| All others
Disaggregation of Revenue
Revenue	14	32	66	100
Operating segments
Disaggregation of Revenue
Revenue	3,604	3,507	10,814	10,205
Operating segments \| Banking Solutions
Disaggregation of Revenue
Revenue	1,680	1,610	4,988	4,729
Operating segments \| Banking Solutions \| Recurring
Disaggregation of Revenue
Revenue	1,384	1,337	4,156	3,925
Operating segments \| Banking Solutions \| Transaction processing and services \| Recurring
Disaggregation of Revenue
Revenue	1,244	1,200	3,740	3,533
Operating segments \| Banking Solutions \| Software maintenance \| Recurring
Disaggregation of Revenue
Revenue	85	90	259	267
Operating segments \| Banking Solutions \| Other recurring \| Recurring
Disaggregation of Revenue
Revenue	55	47	157	125
Operating segments \| Banking Solutions \| Software license \| Non-recurring
Disaggregation of Revenue
Revenue	60	28	112	74
Operating segments \| Banking Solutions \| Professional services \| Non-recurring
Disaggregation of Revenue
Revenue	150	151	444	444
Operating segments \| Banking Solutions \| Other non-recurring fees \| Non-recurring
Disaggregation of Revenue
Revenue	86	94	276	286
Operating segments \| Banking Solutions \| North America
Disaggregation of Revenue
Revenue	1,416	1,369	4,248	4,028
Operating segments \| Banking Solutions \| All others
Disaggregation of Revenue
Revenue	264	241	740	701
Operating segments \| Merchant Solutions
Disaggregation of Revenue
Revenue	1,180	1,161	3,595	3,303
Operating segments \| Merchant Solutions \| Recurring
Disaggregation of Revenue
Revenue	1,172	1,144	3,583	3,282
Operating segments \| Merchant Solutions \| Transaction processing and services \| Recurring
Disaggregation of Revenue
Revenue	1,151	1,121	3,515	3,217
Operating segments \| Merchant Solutions \| Software maintenance \| Recurring
Disaggregation of Revenue
Revenue	1	1	2	2
Operating segments \| Merchant Solutions \| Other recurring \| Recurring
Disaggregation of Revenue
Revenue	20	22	66	63
Operating segments \| Merchant Solutions \| Software license \| Non-recurring
Disaggregation of Revenue
Revenue	7	5	9	7
Operating segments \| Merchant Solutions \| Professional services \| Non-recurring
Disaggregation of Revenue
Revenue	0	0	0	0
Operating segments \| Merchant Solutions \| Other non-recurring fees \| Non-recurring
Disaggregation of Revenue
Revenue	1	12	3	14
Operating segments \| Merchant Solutions \| North America
Disaggregation of Revenue
Revenue	845	803	2,586	2,323
Operating segments \| Merchant Solutions \| All others
Disaggregation of Revenue
Revenue	335	358	1,009	980
Operating segments \| Capital Market Solutions
Disaggregation of Revenue
Revenue	671	654	1,992	1,908
Operating segments \| Capital Market Solutions \| Recurring
Disaggregation of Revenue
Revenue	488	448	1,440	1,331
Operating segments \| Capital Market Solutions \| Transaction processing and services \| Recurring
Disaggregation of Revenue
Revenue	336	297	982	877
Operating segments \| Capital Market Solutions \| Software maintenance \| Recurring
Disaggregation of Revenue
Revenue	128	128	386	382
Operating segments \| Capital Market Solutions \| Other recurring \| Recurring
Disaggregation of Revenue
Revenue	24	23	72	72
Operating segments \| Capital Market Solutions \| Software license \| Non-recurring
Disaggregation of Revenue
Revenue	75	91	222	232
Operating segments \| Capital Market Solutions \| Professional services \| Non-recurring
Disaggregation of Revenue
Revenue	107	115	326	335
Operating segments \| Capital Market Solutions \| Other non-recurring fees \| Non-recurring
Disaggregation of Revenue
Revenue	1	0	4	10
Operating segments \| Capital Market Solutions \| North America
Disaggregation of Revenue
Revenue	409	398	1,184	1,137
Operating segments \| Capital Market Solutions \| All others
Disaggregation of Revenue
Revenue	262	256	808	771
Operating segments \| Corporate and Other
Disaggregation of Revenue
Revenue	$ 73	$ 82	$ 239	$ 265

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Revenue - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue from contract liability	$ 120	$ 106	$ 619	$ 614
Remaining revenue recognition	$ 22,500		$ 22,500
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
Remaining performance obligation, percentage	30%		30%
Performance obligations expected to be satisfied, expected timing	12 months		12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
Remaining performance obligation, percentage	21%		21%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01 \| Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
Performance obligations expected to be satisfied, expected timing	13 months		13 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01 \| Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
Performance obligations expected to be satisfied, expected timing	24 months		24 months

Condensed Consolidated Financ_3

Condensed Consolidated Financial Statement Details - Cash and Cash Equivalents (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Condensed Consolidated Financial Statement Details [Abstract]
Cash and cash equivalents on the consolidated balance sheets	$ 1,932	$ 2,010
Merchant float (in Settlement assets)	2,309	2,273
Total Cash and cash equivalents and restricted cash per the consolidated statements of cash flows	$ 4,241	$ 4,283	$ 4,036	$ 4,030

Condensed Consolidated Financ_4

Condensed Consolidated Financial Statement Details - Settlement Assets and Payables (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Settlement assets
Settlement deposits	$ 462	$ 530
Merchant float	2,309	2,273
Settlement receivables	1,588	1,217
Total Settlement assets	4,359	4,020
Settlement payables	$ 5,076	$ 5,295

Condensed Consolidated Financ_5

Condensed Consolidated Financial Statement Details - Schedule of Property and Equipment, Intangible Assets and Software (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Condensed Consolidated Financial Statement Details [Abstract]
Intangible assets, cost	$ 17,823	$ 18,919
Intangible assets, accumulated depreciation and amortization	8,623	7,380
Intangible assets, net	9,200	11,539
Property and equipment, cost	2,311	2,520
Property and equipment, accumulated depreciation and amortization	1,472	1,571
Property and equipment, net	839	949
Software, cost	6,402	6,195
Software, accumulated depreciation and amortization	3,271	2,896
Software, net	$ 3,131	$ 3,299

Condensed Consolidated Financ_6

Condensed Consolidated Financial Statement Details - Intangible Assets, Software and Impairments - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Amortization expense of intangible assets	$ 534	$ 595	$ 1,636	$ 1,789
Asset impairments	17	202	104	202
Software and Deferred Contract Cost Assets
Finite-Lived Intangible Assets [Line Items]
Asset impairments				202
Property and Equipment
Finite-Lived Intangible Assets [Line Items]
Depreciation expense	56	62	192	195
Software
Finite-Lived Intangible Assets [Line Items]
Amortization expense	261	303	822	758
Platform Initiatives
Finite-Lived Intangible Assets [Line Items]
Software amortization expense	31	83	140	$ 83
Platform Initiatives \| Software and Deferred Contract Cost Assets
Finite-Lived Intangible Assets [Line Items]
Asset impairments	17	$ 202
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	8,919		8,919
Trademarks and Other Intangible Assets
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, net	$ 281		$ 281

Condensed Consolidated Financ_7

Condensed Consolidated Financial Statement Details - Impairments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Impaired Long-Lived Assets Held and Used [Line Items]
Asset impairments	$ 17	$ 202	$ 104	$ 202
Software and Deferred Contract Cost Assets
Impaired Long-Lived Assets Held and Used [Line Items]
Asset impairments				$ 202
Software and Deferred Contract Cost Assets \| Platform Initiatives
Impaired Long-Lived Assets Held and Used [Line Items]
Asset impairments	$ 17	$ 202
Real-Estate Related Assets
Impaired Long-Lived Assets Held and Used [Line Items]
Asset impairments			58
Real-Estate Related Assets \| Platform Initiatives
Impaired Long-Lived Assets Held and Used [Line Items]
Asset impairments			58
Non-Strategic Business
Impaired Long-Lived Assets Held and Used [Line Items]
Asset impairments			$ 29

Condensed Consolidated Financ_8

Condensed Consolidated Financial Statement Details - Goodwill (Details) $ in Millions	9 Months Ended
	Sep. 30, 2022 USD ($)
Goodwill
Beginning balance	$ 53,330
Foreign currency adjustments	(2,327)
Goodwill attributable to acquisitions	11
Ending balance	51,014
Corporate And Other
Goodwill
Beginning balance	20
Foreign currency adjustments	0
Goodwill attributable to acquisitions	0
Ending balance	20
Operating segments \| Banking Solutions
Goodwill
Beginning balance	12,244
Foreign currency adjustments	(66)
Goodwill attributable to acquisitions	0
Ending balance	12,178
Operating segments \| Merchant Solutions
Goodwill
Beginning balance	36,403
Foreign currency adjustments	(2,108)
Goodwill attributable to acquisitions	11
Ending balance	34,306
Operating segments \| Capital Market Solutions
Goodwill
Beginning balance	4,663
Foreign currency adjustments	(153)
Goodwill attributable to acquisitions	0
Ending balance	$ 4,510

Condensed Consolidated Financ_9

Condensed Consolidated Financial Statement Details - Visa Europe and Contingent Value Rights - Narrative (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Contingent Value Rights [Line Items]
Other noncurrent liabilities		$ 1,931		$ 1,931		$ 1,915
Former Legacy Worldpay Owners
Contingent Value Rights [Line Items]
Contingent value rights, net-of-tax of dividends received		186
Former Legacy Worldpay Owners \| Forecast
Contingent Value Rights [Line Items]
Contingent value rights, net-of-tax of dividends received	$ 14
Visa Inc Released Preferred Stock \| Convertible Preferred Stock
Contingent Value Rights [Line Items]
Contingent value rights, proceeds from common stock converted from preferred stock and sold, before tax		$ 269
Visa Europe to Visa, Inc.
Contingent Value Rights [Line Items]
Percentage of disposal proceeds due to counterparty, net of tax (percent)		90%		90%
Visa Europe to Visa, Inc. \| Other nonoperating income (expense)
Contingent Value Rights [Line Items]
Contingent value rights		$ 39		$ 39		197
Contingent value rights, fair value		341		341		$ 478
Accounts payable, accrued and other liabilities		14		14
Other noncurrent liabilities		327		327
Contingent value rights at fair value, increase		$ 14	$ (3)	$ 63	$ 12
Visa Europe to Visa, Inc. \| Convertible Preferred Stock \| Former Legacy Worldpay Owners
Contingent Value Rights [Line Items]
Percentage of disposal proceeds due to counterparty, net of tax (percent)		90%		90%

Condensed Consolidated Finan_10

Condensed Consolidated Financial Statement Details - Equity Security Investments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Other nonoperating income (expense)
Equity Securities without Readily Determinable Fair Value [Line Items]
Gains and losses on investments, realized and unrealized	$ 5	$ 126	$ 52	$ 214
Other Noncurrent Assets
Equity Securities without Readily Determinable Fair Value [Line Items]
Equity securities without readily determinable fair values	$ 463		$ 463		$ 358

Deferred Contract Costs - Sched

Deferred Contract Costs - Schedule of Deferred Contract Cost (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Capitalized Contract Cost
Total Deferred contract costs, net	$ 991	$ 969
Contract costs on implementations in progress
Capitalized Contract Cost
Total Deferred contract costs, net	180	218
Contract origination costs on completed implementations, net
Capitalized Contract Cost
Total Deferred contract costs, net	567	553
Contract fulfillment costs on completed implementations, net
Capitalized Contract Cost
Total Deferred contract costs, net	$ 244	$ 198

Deferred Contract Costs - Narra

Deferred Contract Costs - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Capitalized Contract Cost
Amortization of contract costs	$ 81	$ 97	$ 269	$ 240
Platform Initiatives
Capitalized Contract Cost
Amortization of contract costs	8	$ 19	36	$ 19
Deferred contract costs impairment	$ 58		$ 58

Debt - Schedule of Long-Term De

Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Jul. 13, 2022	Dec. 31, 2021	Mar. 31, 2021	Mar. 02, 2021
Long-Term Debt
Other	$ (723)		$ (103)
Total long-term debt	16,494		16,442
Current portion of long-term debt	(2,985)		(1,617)
Long-term debt, excluding current portion	$ 13,509		14,825
Revolving Credit Facility
Long-Term Debt
Weighted average interest rate	4.30%
Revolving credit facility	$ 164		325
Unused commitment fee	0.225%
Revolving Credit Facility \| Maximum \| One month LIBOR
Long-Term Debt
Applicable margin	1.625%
Senior notes \| Minimum
Long-Term Debt
Debt instrument, stated percentage		4.50%		0%
Senior notes \| Maximum
Long-Term Debt
Debt instrument, stated percentage		5.60%		5%
Senior notes \| Senior USD Notes
Long-Term Debt
Weighted average interest rate	3.20%
Senior notes	$ 9,409		6,909
Senior notes \| Senior USD Notes \| Minimum
Long-Term Debt
Debt instrument, stated percentage	0.40%				0.40%
Senior notes \| Senior USD Notes \| Maximum
Long-Term Debt
Debt instrument, stated percentage	5.60%				3.10%
Senior notes \| Senior Euro Notes
Long-Term Debt
Weighted average interest rate	1.20%
Senior notes	$ 6,614		7,656
Senior notes \| Senior Euro Notes \| Minimum
Long-Term Debt
Debt instrument, stated percentage	0.10%
Senior notes \| Senior Euro Notes \| Maximum
Long-Term Debt
Debt instrument, stated percentage	3%
Senior notes \| Senior GBP Notes
Long-Term Debt
Weighted average interest rate	4.20%
Senior notes	$ 1,030		$ 1,655
Senior notes \| Senior GBP Notes \| Minimum
Long-Term Debt
Debt instrument, stated percentage	2.30%
Senior notes \| Senior GBP Notes \| Maximum
Long-Term Debt
Debt instrument, stated percentage	3.40%

Debt - Short-Term Debt (Details

Debt - Short-Term Debt (Details) - USD ($) $ in Millions	9 Months Ended
Debt - Short-Term Debt (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Short-term Debt
Other	$ 0	$ 101
Short-term borrowings	$ 2,422	3,911
Commercial paper \| FIS credit agreements \| Euro-commercial paper notes ("ECP Notes")
Short-term Debt
Short term debt, weighted average interest rate	0.80%
Maturities	183 days
Commercial paper	$ 1,488	1,723
Commercial paper \| FIS credit agreements \| U.S. commercial paper notes ("USCP Notes")
Short-term Debt
Short term debt, weighted average interest rate	3.50%
Maturities	397 days
Commercial paper	$ 934	$ 2,087

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)		1 Months Ended	9 Months Ended
Debt - Narrative (Details) - USD ($)	Jul. 13, 2022	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Mar. 02, 2021
Debt Instrument
Debt, weighted average interest rate			2%
Repayments of long-term debt			$ 49,349,000,000	$ 40,644,000,000
Loss on extinguishment of debt			0	$ 528,000,000
Difference in carrying value and fair value of long term debt			2,040,000,000		$ 570,000,000
Revolving Credit Facility
Debt Instrument
Borrowing capacity remaining			2,914,000,000
Line of credit facility, capacity backstopped			2,422,000,000
FIS credit agreements
Debt Instrument
Unamortized discount (premium), net			$ (678,000,000)
Senior notes
Debt Instrument
Repayments of long-term debt	$ 2,500,000,000	$ 5,100,000,000
Loss on extinguishment of debt		$ 528,000,000
Senior notes \| Minimum
Debt Instrument
Debt instrument, stated percentage	4.50%	0%
Senior notes \| Maximum
Debt Instrument
Debt instrument, stated percentage	5.60%	5%
Senior notes \| Senior USD Notes
Debt Instrument
Repayments of long-term debt		$ 3,529,000,000
Principal amount of debt						$ 5,500,000,000
Senior notes \| Senior USD Notes \| Minimum
Debt Instrument
Debt instrument, stated percentage			0.40%			0.40%
Senior notes \| Senior USD Notes \| Maximum
Debt Instrument
Debt instrument, stated percentage			5.60%			3.10%
Senior notes \| Senior Euro Notes
Debt Instrument
Repayments of long-term debt		600,000,000
Senior notes \| Senior Euro Notes \| Minimum
Debt Instrument
Debt instrument, stated percentage			0.10%
Senior notes \| Senior Euro Notes \| Maximum
Debt Instrument
Debt instrument, stated percentage			3%
Senior notes \| Senior GBP Notes
Debt Instrument
Repayments of long-term debt		871,000,000
Senior notes \| Senior GBP Notes \| Minimum
Debt Instrument
Debt instrument, stated percentage			2.30%
Senior notes \| Senior GBP Notes \| Maximum
Debt Instrument
Debt instrument, stated percentage			3.40%
Senior notes \| Senior Euro Floating Rate Notes
Debt Instrument
Repayments of long-term debt		$ 66,000,000

Debt - Principal Maturities of

Debt - Principal Maturities of Long-Term Debt (Details) - FIS credit agreements $ in Millions	Sep. 30, 2022 USD ($)
Principal maturities of long-term debt
2022 remaining period	$ 989
2023	2,010
2024	1,996
2025	618
2026	1,420
Thereafter	10,246
Total principal payments	17,279
Debt issuance costs, net of accumulated amortization	(107)
Total long-term debt	$ 17,172

Financial Instruments (Details)

Financial Instruments (Details) € in Millions, £ in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 GBP (£)	Sep. 30, 2022 EUR (€)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 GBP (£)	Dec. 31, 2021 EUR (€)
Derivative [Line Items]
Net proceeds from settlement of existing cross-currency interest rate swaps			$ (684)	$ 24
Net investment hedges \| Senior Euro Notes Maturing 2022 to 2039 and ECP Notes \| Senior notes
Derivative [Line Items]
Notional amount \| €						€ 7,848			€ 8,275
Net investment hedges \| Sterling senior notes due 2022 to 2031 \| Senior notes
Derivative [Line Items]
Notional amount \| £					£ 665			£ 1,193
Interest rate swap
Derivative [Line Items]
Net proceeds from settlement of existing cross-currency interest rate swaps			684
Interest rate swap \| Fair value hedging
Derivative [Line Items]
Notional amount	$ 1,854		1,854		925	500	$ 1,854	925	500
Derivative liability fair value	639		639
Derivative asset fair value							85
Interest rate swap \| Net investment hedges
Derivative [Line Items]
Derivative asset fair value	950		950				$ 258
Currency forward contract \| Net investment hedges
Derivative [Line Items]
Gain (loss) for the change in fair value on derivative used in net investment hedge, after tax, recorded in other comprehensive earnings loss	$ 983	$ 386	$ 2,116	$ 678
Currency swap \| Net investment hedges
Derivative [Line Items]
Notional amount					£ 2,386	€ 6,343		£ 2,345	€ 5,906

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	1 Months Ended	129 Months Ended
Commitments and Contingencies (Details) $ in Millions	Jan. 31, 2022 USD ($)	Sep. 30, 2022 USD ($) claim	Dec. 31, 2021 USD ($)
Loss Contingencies
Tax receivable agreement commitment (percent)		85%
Payments from the exercise of call options	$ 186
Tax receivable agreement obligations		$ 313	$ 451
Pending litigation \| Potential tax liability \| Secretariat of the federal revenue bureau of brazil
Loss Contingencies
Loss contingency, number of claims pending \| claim		14
Loss contingency, value of damages sought		$ 12
Loss contingency, number of potential new claims filed \| claim		24
Loss contingency, potential additional claims amount sought		$ 33
Loss contingency, number of total pending and potential pending claims \| claim		38
Pending litigation \| Potential tax liability \| Secretariat of the federal revenue bureau of brazil \| Maximum
Loss Contingencies
Loss contingency, estimate of possible loss		$ 45

Stock Compensation Plans (Detai

Stock Compensation Plans (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
Stock Compensation Plans (Details) - USD ($) $ in Millions	Mar. 31, 2021	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Accelerated stock compensation expense		$ 104
Qualified Retirement Equity Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Accelerated stock compensation expense	$ 104

Related-Party Transactions (Det

Related-Party Transactions (Details) - Cardinal holdings - Discontinued Operations, Disposed of by Sale $ in Millions	Apr. 29, 2021 USD ($)
Related Party Transaction
Net cash proceeds	$ 367
Gain on sale of equity investment	$ 225

Net Earnings (Loss) per Share -

Net Earnings (Loss) per Share - Schedule of Earnings (Loss) per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Net earnings (loss) attributable to FIS common stockholders	$ 249	$ 158	$ 646	$ 126
Weighted average shares outstanding-basic (in shares)	605	613	608	618
Plus: Common stock equivalent shares (in shares)	2	6	3	5
Weighted average shares outstanding-diluted (in shares)	607	619	611	623
Net earnings per share-basic attributable to FIS common stockholders (in dollars per share)	$ 0.41	$ 0.26	$ 1.06	$ 0.20
Net earnings per share-diluted attributable to FIS common stockholders (in dollars per share)	$ 0.41	$ 0.26	$ 1.06	$ 0.20

Net Earnings (Loss) per Share_2

Net Earnings (Loss) per Share - Narrative (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Jan. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares authorized to be repurchased (in shares)					100
Remaining number of shares authorized to be repurchased (in shares)	71.5		71.5
Share-based Payment Arrangement, Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (less than) (in shares)	5	1	4	1

Segment Information - Narrative

Segment Information - Narrative (Details) $ in Millions	3 Months Ended		9 Months Ended
Segment Information - Narrative (Details) $ in Millions	Sep. 30, 2022 USD ($) country	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) country	Sep. 30, 2021 USD ($)
Segment Reporting Information
Accelerated stock compensation expense				$ 104
Asset impairments	$ 17	$ 202	$ 104	202
Real-Estate Related Assets
Segment Reporting Information
Asset impairments			58
Non-Strategic Business
Segment Reporting Information
Asset impairments			29
Platform Initiatives
Segment Reporting Information
Process automation costs	60	64	220	64
Incremental charges	39	102	176	102
Severance and other termination expenses	17	2	60	17
Platform Initiatives \| Real-Estate Related Assets
Segment Reporting Information
Asset impairments			58
Platform Initiatives \| Software and Deferred Contract Cost Assets
Segment Reporting Information
Asset impairments	17
COVID-19 Pandemic
Segment Reporting Information
Incremental charges		14		33
Worldpay
Segment Reporting Information
Data center consolidation costs		4		32
Worldpay \| One-Time Performance-Related Awards
Segment Reporting Information
Stock-based compensation expense	$ 30	$ 42	$ 94	$ 114
Banking Solutions \| Minimum
Segment Reporting Information
Number of countries we operate in (more than) \| country	100		100
Merchant Solutions \| Minimum
Segment Reporting Information
Number of countries we operate in (more than) \| country	100		100
Capital Market Solutions \| Minimum
Segment Reporting Information
Number of countries we operate in (more than) \| country	100		100

Segment Information - Summarize

Segment Information - Summarized Financial Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Segment Information
Revenue	$ 3,604	$ 3,507	$ 10,814	$ 10,205
Depreciation and amortization (including purchase accounting amortization)			2,920	2,981
Asset impairments	(17)	(202)	(104)	(202)
Interest expense, net	(76)	(46)	(166)	(169)
Other income (expense), net	(41)	110	51	(58)
(Provision) benefit for income taxes	(91)	(41)	(223)	(246)
Net earnings attributable to noncontrolling interest	(5)	(3)	(9)	(7)
Net earnings attributable to FIS common stockholders	249	158	646	126
Capital expenditures	331	265	1,083	877
Banking Solutions
Segment Information
Capital expenditures	109	94	385	301
Merchant Solutions
Segment Information
Capital expenditures	122	74	374	270
Capital Market Solutions
Segment Information
Capital expenditures	63	47	210	157
Corporate and Other
Segment Information
Revenue	73	82	239	265
Acquisition, integration and other costs				629
Asset impairments				(202)
Acquisition, integration and other costs				(629)
Capital expenditures	37	50	114	149
Operating segments
Segment Information
Revenue	3,604	3,507	10,814	10,205
Operating expenses	(3,142)	(3,369)	(9,821)	(9,605)
Depreciation and amortization (including purchase accounting amortization)	932	1,058	2,920	2,981
Acquisition, integration and other costs	164	187	574	629
Asset impairments	(17)	(202)	(104)	(202)
Adjusted EBITDA	1,575	1,585	4,591	4,412
Acquisition, integration and other costs	(164)	(187)	(574)	(629)
Operating segments \| Banking Solutions
Segment Information
Revenue	1,680	1,610	4,988	4,729
Operating expenses	(1,107)	(1,012)	(3,281)	(3,041)
Depreciation and amortization (including purchase accounting amortization)	148	144	448	441
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Adjusted EBITDA	721	742	2,155	2,129
Acquisition, integration and other costs	0	0	0	0
Operating segments \| Merchant Solutions
Segment Information
Revenue	1,180	1,161	3,595	3,303
Operating expenses	(708)	(647)	(2,167)	(1,927)
Depreciation and amortization (including purchase accounting amortization)	88	86	268	263
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Adjusted EBITDA	560	600	1,696	1,639
Acquisition, integration and other costs	0	0	0	0
Operating segments \| Capital Market Solutions
Segment Information
Revenue	671	654	1,992	1,908
Operating expenses	(423)	(419)	(1,295)	(1,259)
Depreciation and amortization (including purchase accounting amortization)	82	81	258	248
Acquisition, integration and other costs	0	0	0	0
Asset impairments	0	0	0	0
Adjusted EBITDA	330	316	955	897
Acquisition, integration and other costs	0	0	0	0
Operating segments \| Corporate and Other
Segment Information
Revenue	73	82	239	265
Operating expenses	(904)	(1,291)	(3,078)	(3,378)
Depreciation and amortization (including purchase accounting amortization)	614	747	1,946	2,029
Acquisition, integration and other costs	164	187	574
Asset impairments	(17)	(202)	(104)
Adjusted EBITDA	(36)	(73)	(215)	(253)
Acquisition, integration and other costs	(164)	(187)	(574)
Segment reconciling items
Segment Information
Acquisition, integration and other costs	164	187	574	629
Asset impairments	(17)	(202)	(104)	(202)
Adjusted EBITDA	1,575	1,585	4,591	4,412
Depreciation and amortization	(324)	(344)	(1,035)	(918)
Purchase accounting amortization	(608)	(714)	(1,885)	(2,063)
Acquisition, integration and other costs	(164)	(187)	(574)	(629)
Interest expense, net	(76)	(46)	(166)	(169)
Other income (expense), net	(41)	110	51	(58)
(Provision) benefit for income taxes	$ (91)	$ (41)	$ (223)	$ (246)