10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________________________________________

Form 10-Q

_______________________________________________

x	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the quarterly period ended March 31, 2014

Or

o	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from                      to

Commission File No. 001-16427

_______________________________________________

Fidelity National Information Services, Inc.

(Exact name of registrant as specified in its charter)

Georgia	37-1490331
(State or other jurisdiction	(I.R.S. Employer Identification No.)
of incorporation or organization)
601 Riverside Avenue
Jacksonville, Florida	32204
(Address of principal executive offices)	(Zip Code)

(904) 438-6000

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES x NO o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). YES x NO o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer x Accelerated filer o Non-accelerated filer o (Do not check if a smaller reporting company) Smaller reporting company o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act) YES o NO x

As of April 30, 2014, 287,797,282 shares of the Registrant’s Common Stock were outstanding.

FORM 10-Q

QUARTERLY REPORT

Quarter Ended March 31, 2014

INDEX

	Page
Part I: FINANCIAL INFORMATION
Item 1. Condensed Consolidated Financial Statements (unaudited)
A. Condensed Consolidated Balance Sheets as of March 31, 2014 and December 31, 2013	2
B. Condensed Consolidated Statements of Earnings for the three months ended March 31, 2014 and 2013	3
C. Condensed Consolidated Statements of Comprehensive Earnings for the three months ended March 31, 2014 and 2013	4
D. Condensed Consolidated Statement of Equity for the three months ended March 31, 2014	5
E. Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2014 and 2013	6
F. Notes to Condensed Consolidated Financial Statements	7
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations	19
Item 3. Quantitative and Qualitative Disclosure About Market Risks	27
Item 4. Controls and Procedures	28
Part II: OTHER INFORMATION
Item 1. Legal Proceedings	29
Item 1A. Risk Factors	30
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds	30
Item 6. Exhibits	30
EX-31.1
EX-31.2
EX-32.1
EX-32.2
EX-101 INSTANCE DOCUMENT
EX-101 SCHEMA DOCUMENT
EX-101 CALCULATION LINKBASE DOCUMENT
EX-101 DEFINITION LINKBASE DOCUMENT
EX-101 LABELS LINKBASE DOCUMENT
EX-101 PRESENTATION LINKBASE DOCUMENT

1

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

Condensed Consolidated Balance Sheets

(In millions, except per share amounts)

(Unaudited)

	March 31, 2014			December 31, 2013
ASSETS
Current assets:
Cash and cash equivalents	$	737.7		$	547.5
Settlement deposits	444.7			327.4
Trade receivables, net of allowance for doubtful accounts of $21.0 and $16.2 as of March 31, 2014 and December 31, 2013, respectively	987.9			987.9
Settlement receivables	257.2			178.2
Other receivables	19.4			62.1
Due from related parties	34.9			35.8
Prepaid expenses and other current assets	153.7			154.1
Deferred income taxes	52.8			58.9
Total current assets	2,688.3			2,351.9
Property and equipment, net	449.2			439.0
Goodwill	8,500.0			8,500.0
Intangible assets, net	1,288.0			1,339.3
Computer software, net	861.1			856.5
Deferred contract costs, net	206.9			206.8
Other noncurrent assets	277.4			266.6
Total assets	$	14,270.9		$	13,960.1
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable and accrued liabilities	$	653.2		$	768.0
Settlement payables	717.0			518.6
Deferred revenues	270.1			243.6
Current portion of long-term debt	49.7			128.8
Due to Brazilian venture partner	14.4			13.7
Total current liabilities	1,704.4			1,672.7
Long-term debt, excluding current portion	4,728.9			4,339.8
Deferred income taxes	810.7			823.6
Due to Brazilian venture partner	36.2			34.5
Deferred revenues	26.7			27.2
Other long-term liabilities	261.6			325.0
Total liabilities	7,568.5			7,222.8
Equity:
FIS stockholders’ equity:
Preferred stock, $0.01 par value, 200 shares authorized, none issued and outstanding as of March 31, 2014 and December 31, 2013	—			—
Common stock, $0.01 par value, 600 shares authorized, 387.1 and 387.0 shares issued as of March 31, 2014 and December 31, 2013, respectively	3.9			3.9
Additional paid in capital	7,271.5			7,247.6
Retained earnings	2,427.6			2,341.9
Accumulated other comprehensive earnings (loss)	3.2			(9.9		)
Treasury stock, $0.01 par value, 99.3 and 96.4 shares as of March 31, 2014 and December 31, 2013, respectively, at cost	(3,172.1		)	(3,003.0		)
Total FIS stockholders’ equity	6,534.1			6,580.5
Noncontrolling interest	168.3			156.8
Total equity	6,702.4			6,737.3
Total liabilities and equity	$	14,270.9		$	13,960.1

See accompanying notes to unaudited condensed consolidated financial statements.

2

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

Condensed Consolidated Statements of Earnings

(In millions, except per share data)

(Unaudited)

	Three months ended March 31,
	2014			2013
Processing and services revenues (for related party activity, see note 2)	$	1,520.3		$	1,478.0
Cost of revenues	1,050.0			1,008.0
Gross profit	470.3			470.0
Selling, general, and administrative expenses	186.6			194.9
Operating income	283.7			275.1
Other income (expense):
Interest expense, net	(41.1		)	(51.7		)
Other income (expense), net	(0.5		)	5.1
Total other income (expense), net	(41.6		)	(46.6		)
Earnings from continuing operations before income taxes	242.1			228.5
Provision for income taxes	80.6			75.2
Earnings from continuing operations, net of tax	161.5			153.3
Earnings (loss) from discontinued operations, net of tax	(0.4		)	(3.9		)
Net earnings	161.1			149.4
Net (earnings) loss attributable to noncontrolling interest	(6.6		)	(5.3		)
Net earnings attributable to FIS common stockholders	$	154.5		$	144.1
Net earnings per share — basic from continuing operations attributable to FIS common stockholders	$	0.54		$	0.51
Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders	—			(0.01		)
Net earnings per share — basic attributable to FIS common stockholders *	$	0.54		$	0.50
Weighted average shares outstanding — basic	288.0			291.0
Net earnings per share — diluted from continuing operations attributable to FIS common stockholders	$	0.53		$	0.50
Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders	—			(0.01		)
Net earnings per share — diluted attributable to FIS common stockholders *	$	0.53		$	0.49
Weighted average shares outstanding — diluted	291.9			295.5
Cash dividends paid per share	$	0.24		$	0.22
Amounts attributable to FIS common stockholders:
Earnings from continuing operations, net of tax	$	154.9		$	148.0
Earnings (loss) from discontinued operations, net of tax	(0.4		)	(3.9		)
Net earnings attributable to FIS common stockholders	$	154.5		$	144.1

* Amounts may not sum due to rounding.

See accompanying notes to unaudited condensed consolidated financial statements.

3

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

Condensed Consolidated Statements of Comprehensive Earnings

(In millions)

(Unaudited)

	Three months ended March 31,
	2014						2013
Net earnings				$	161.1					$	149.4
Other comprehensive earnings, before tax:
Unrealized gain (loss) on investments and derivatives	$	(0.9	)				$	(1.2	)
Reclassification adjustment for (gains) losses included in net earnings	1.6						1.7
Unrealized gain (loss) on investments and derivatives, net	0.7						0.5
Foreign currency translation adjustments	18.2						(7.2		)
Other comprehensive earnings (loss), before tax:	18.9						(6.7		)
Provision for income tax expense (benefit) related to items of other comprehensive earnings	0.2						0.8
Other comprehensive earnings (loss), net of tax	$	18.7		18.7			$	(7.5	)	(7.5		)
Comprehensive earnings:				179.8						141.9
Net (earnings) loss attributable to noncontrolling interest				(6.6		)				(5.3		)
Other comprehensive (earnings) losses attributable to noncontrolling interest				(5.6		)				(1.5		)
Comprehensive earnings attributable to FIS common stockholders				$	167.6					$	135.1

See accompanying notes to unaudited condensed consolidated financial statements.

4

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

Condensed Consolidated Statement of Equity

Three months ended March 31, 2014

(In millions, except per share amounts)

(Unaudited)

				Amount
				FIS Stockholders
												Accumulated
	Number of shares					Additional						other
	Common	Treasury		Common		paid in			Retained			comprehensive			Treasury			Noncontrolling			Total
	shares	shares		stock		capital			earnings			earnings			stock			interest			equity
Balances, December 31, 2013	387.0	(96.4	)	$	3.9	$	7,247.6		$	2,341.9		$	(9.9	)	$	(3,003.0	)	$	156.8		$	6,737.3
Issuance of restricted stock	0.1	—		—		—			—			—			—			—			—
Exercise of stock options	—	0.5		—		(3.0		)	—			—			15.3			—			12.3
Treasury shares held for taxes due upon exercise of stock options	—	(0.2	)	—		—			—			—			(9.4		)	—			(9.4		)
Excess income tax benefit from exercise of stock options	—	—		—		8.5			—			—			—			—			8.5
Stock-based compensation	—	—		—		13.3			—			—			—			—			13.3
Cash dividends paid ($0.24 per share per quarter) and other distributions	—	—		—		—			(68.8		)	—			—			(0.7		)	(69.5		)
Purchases of treasury stock	—	(3.2	)	—		—			—			—			(175.0		)	—			(175.0		)
Other	—	—		—		5.1			—			—			—			—			5.1
Net earnings	—	—		—		—			154.5			—			—			6.6			161.1
Other comprehensive earnings, net of tax	—	—		—		—			—			13.1			—			5.6			18.7
Balances, March 31, 2014	387.1	(99.3	)	$	3.9	$	7,271.5		$	2,427.6		$	3.2		$	(3,172.1	)	$	168.3		$	6,702.4

See accompanying notes to unaudited condensed consolidated financial statements.

5

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

Condensed Consolidated Statements of Cash Flows

(In millions)

(Unaudited)

	Three months ended March 31,
	2014			2013
Cash flows from operating activities:
Net earnings	$	161.1		$	149.4
Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	152.6			153.2
Amortization of debt issue costs	2.6			2.8
Gain on mFoundry acquisition	—			(9.2		)
Stock-based compensation	13.3			13.2
Deferred income taxes	(6.7		)	(15.4		)
Excess income tax benefit from exercise of stock options	(8.5		)	(4.0		)
Other operating activities	(0.6		)	—
Net changes in assets and liabilities, net of effects from acquisitions and foreign currency:
Trade receivables	15.3			(12.0		)
Settlement activity	2.5			(13.9		)
Prepaid expenses and other assets	(13.0		)	(35.1		)
Deferred contract costs	(16.6		)	(19.7		)
Deferred revenue	25.9			(8.3		)
Accounts payable, accrued liabilities, and other liabilities	(105.3		)	6.5
Net cash provided by operating activities	222.6			207.5
Cash flows from investing activities:
Additions to property and equipment	(37.9		)	(31.0		)
Additions to computer software	(52.0		)	(42.7		)
Acquisitions, net of cash acquired, and equity investments	—			(115.0		)
Other investing activities, net	8.5			(7.0		)
Net cash used in investing activities	(81.4		)	(195.7		)
Cash flows from financing activities:
Borrowings	1,839.0			2,206.3
Repayment of borrowings	(1,529.6		)	(1,990.1		)
Excess income tax benefit from exercise of stock options	8.5			4.0
Proceeds from exercise of stock options	12.8			18.8
Treasury stock activity	(203.1		)	(105.3		)
Dividends paid	(69.5		)	(64.8		)
Other financing activities, net	(15.7		)	(0.7		)
Net cash provided by financing activities	42.4			68.2
Effect of foreign currency exchange rate changes on cash	6.6			(7.0		)
Net increase in cash and cash equivalents	190.2			73.0
Cash and cash equivalents, beginning of period	547.5			517.6
Cash and cash equivalents, end of period	$	737.7		$	590.6
Supplemental cash flow information:
Cash paid for interest	$	48.7		$	80.8
Cash paid for income taxes	$	25.3		$	28.5

See accompanying notes to unaudited condensed consolidated financial statements.

6

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Unless stated otherwise or the context otherwise requires, all references to “FIS,” “we,” the “Company” or the “registrant” are to Fidelity National Information Services, Inc., a Georgia corporation, and its subsidiaries.

(1) 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, 2013. The preparation of these Condensed Consolidated Financial Statements (Unaudited) 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 at the date of the Condensed Consolidated Financial Statements (Unaudited) and the reported amounts of revenues and expenses during the reported periods. Actual results could differ from those estimates. Certain reclassifications have been made in the 2013 Condensed Consolidated Financial Statements (Unaudited) to conform to the classifications used in 2014.

We report the results of our operations in four reporting segments: 1) Financial Solutions Group (“FSG”), 2) Payment Solutions Group (“PSG”), 3) International Solutions Group (“ISG”) and 4) Corporate and Other (Note 12).

(2) Related Party Transactions

Brazilian Venture

The Company operates a joint venture ("Brazilian Venture") with Banco Bradesco S.A. ("Banco Bradesco") in which we own a 51% controlling interest, to provide comprehensive, fully outsourced transaction processing, call center, cardholder support and collection services to multiple card issuing clients in Brazil, including Banco Bradesco. The Company recorded Banco Bradesco Brazilian Venture revenues of $67.0 million and $75.1 million during the three months ended March 31, 2014 and 2013, respectively, relating to these services.

(3) Unaudited Net Earnings per Share

The basic weighted average shares and common stock equivalents for the three months ended March 31, 2014 and 2013 are computed using the treasury stock method.

7

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

The following table summarizes the earnings per share attributable to FIS common stockholders for the three months ended March 31, 2014 and 2013 (in millions, except per share amounts):

	Three months ended March 31,
	2014			2013
Earnings from continuing operations attributable to FIS, net of tax	$	154.9		$	148.0
Earnings (loss) from discontinued operations attributable to FIS, net of tax	(0.4		)	(3.9		)
Net earnings attributable to FIS common stockholders	$	154.5		$	144.1
Weighted average shares outstanding — basic	288.0			291.0
Plus: Common stock equivalent shares	3.9			4.5
Weighted average shares outstanding — diluted	291.9			295.5
Net earnings per share — basic from continuing operations attributable to FIS common stockholders	$	0.54		$	0.51
Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders	—			(0.01		)
Net earnings per share — basic attributable to FIS common stockholders *	$	0.54		$	0.50
Net earnings per share — diluted from continuing operations attributable to FIS common stockholders	$	0.53		$	0.50
Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders	—			(0.01		)
Net earnings per share — diluted attributable to FIS common stockholders *	$	0.53		$	0.49
* Amounts may not sum due to rounding.

Options to purchase approximately 4.1 million and 1.7 million shares of our common stock for the three months ended March 31, 2014 and 2013, respectively, were not included in the computation of diluted earnings per share because they were anti-dilutive.

(4) Discontinued Operations

Certain operations are reported as discontinued in the Condensed Consolidated Statements of Earnings (Unaudited) for the three months ended March 31, 2014 and 2013.

Brazil Item Processing and Remittance Services Operations

During the third quarter of 2010, the Company decided to pursue strategic alternatives for Fidelity National Participacoes Ltda. (“Participacoes”). Participacoes' processing volume was transitioned to other vendors or back to its customers during the second quarter of 2011. There were no revenues for the 2014 and 2013 periods. Participacoes had expenses of $0.5 million and $6.0 million for the three months ended March 31, 2014 and 2013, respectively. As a result of the dismissal of employees related to the shut-down activities completed in 2011, the three months ended March 31, 2014 and 2013 included charges of $(0.1) million and $3.6 million, respectively, to settle claims or increase our provision for potential labor claims. The shut-down activities involved the transfer and termination of approximately 2,600 employees. As of March 31, 2014, there were approximately 940 active labor claims. Former employees generally had up to two years from the date of termination to file labor claims, which extended through April 2013. Consequently, we have continued exposure on these active claims, which were not transferred with other assets and liabilities in the disposal. Our accrued liability for active labor claims, net of $15.2 million in court ordered deposits, is $26.0 million as of March 31, 2014. Any changes in the estimated liability related to these labor claims will be recorded as discontinued operations.

(5) Changes in Accumulated Other Comprehensive Earnings (Losses)

The following table shows accumulated other comprehensive earnings ("AOCE") by component, net of tax, for the three months ended March 31, 2014 (in millions):

8

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

				Foreign
	Interest Rate			Currency
	Swap			Translation
	Contracts			Adjustments			Other			Total
Balances, December 31, 2013	$	(2.4	)	$	(3.0	)	$	(4.5	)	$	(9.9	)
Other comprehensive gain/(loss) before reclassifications	(0.6		)	12.7			—			12.1
Amounts reclassified from AOCE	1.0			—			—			1.0
Net current period AOCE attributable to FIS	0.4			12.7			—			13.1
Balances, March 31, 2014	$	(2.0	)	$	9.7		$	(4.5	)	$	3.2

The amount reclassified from AOCE for interest rate swap contracts includes $1.6 million recorded as interest expense, reduced by a related $0.6 million provision for income taxes.

The table below summarizes our provision for income tax expense (benefit) related to items of other comprehensive earnings (in millions):

	Three months ended March 31,
	2014			2013
Unrealized gain (loss) on investments and derivatives	$	0.3		$	0.2
Foreign currency translation adjustments	(0.1		)	0.2
Other components of other comprehensive earnings (loss)	—			0.4
Provision for income tax expense (benefit) related to items of other comprehensive earnings	$	0.2		$	0.8

(6) Condensed Consolidated Financial Statement Details

The following table shows the Company’s condensed consolidated financial statement details as of March 31, 2014 and December 31, 2013 (in millions):

	March 31, 2014						December 31, 2013
	Cost		Accumulated depreciation and amortization		Net		Cost		Accumulated depreciation and amortization		Net
Property and equipment	$	1,112.6	$	663.4	$	449.2	$	1,077.4	$	638.4	$	439.0
Intangible assets	$	2,743.9	$	1,455.9	$	1,288.0	$	2,807.6	$	1,468.3	$	1,339.3
Computer software	$	1,535.4	$	674.3	$	861.1	$	1,557.5	$	701.0	$	856.5

The Company entered into capital lease obligations of $0.4 million and $1.7 million during the three months ended March 31, 2014 and 2013, respectively. The assets are included in property and equipment and computer software and the remaining capital lease obligation is classified as long-term debt on our Condensed Consolidated Balance Sheet (Unaudited) as of March 31, 2014. Periodic payments are included in repayment of borrowings on the Condensed Consolidated Statements of Cash Flows (Unaudited).

Settlement Activity

Settlement deposits represent funds we hold that were drawn from our customers to facilitate our settlement activities and, as of March 31, 2014, included $75.0 million of short-term investments in certificates of deposit with original maturities of greater than 90 days. These certificates of deposit are Level 2 type securities in the fair-value hierarchy. Settlement payables consist of settlement deposits from customers, settlement payables to third parties and outstanding checks related to our

9

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

settlement activities for which the right of offset does not exist or we do not intend to exercise our right of offset. Our accounting policy for such outstanding checks is to include them in settlement payables on the balance sheet and in operating cash flows on the statement of cash flows.

(7) Long-Term Debt

Long-term debt as of March 31, 2014 and December 31, 2013, consisted of the following (in millions):

	March 31, 2014			December 31, 2013
Term Loans A-4, quarterly principal amortization (1)	1,862.5			1,962.5
Senior Notes due 2018, interest payable semi-annually at 2.000%	250.0			250.0
Senior Notes due 2020, interest payable semi-annually at 7.875%	500.0			500.0
Senior Notes due 2022, interest payable semi-annually at 5.000%	700.0			700.0
Senior Notes due 2023, interest payable semi-annually at 3.500%	1,000.0			1,000.0
Revolving Loan (2)	443.0			29.0
Other	23.1			27.1
	4,778.6			4,468.6
Current portion	(49.7		)	(128.8		)
Long-term debt, excluding current portion	$	4,728.9		$	4,339.8

__________________________________________

(1) Interest on the Term Loans A-4 is generally payable at LIBOR plus an applicable margin of up to 2.00% based upon the Company's corporate credit ratings and the ratings on the FIS Credit Agreement. As of March 31, 2014, the weighted average interest rate on the Term Loans A-4 was 1.40%.

(2) Interest on the Revolving Loan is generally payable at LIBOR plus an applicable margin of up to 2.00% plus an unused commitment fee of up to 0.35%, each based upon the Company's corporate credit ratings and the ratings on the FIS Credit Agreement. As of March 31, 2014, the applicable margin on the Revolving Loan, excluding facility fees and unused commitment fees, was 1.25%.

FIS is a party to a syndicated credit agreement (the "FIS Credit Agreement"), which as of March 31, 2014, provided total committed capital of $3,862.5 million comprised of: (1) a revolving credit facility in an aggregate maximum principal amount of $2,000.0 million maturing on March 30, 2017 (the "Revolving Loan"); and (2) term loans of $1,862.5 million maturing on March 30, 2017 (the "Term Loans A-4"). As of March 31, 2014, the outstanding principal balance of the Revolving Loan was $443.0 million, with $1,556.2 million of borrowing capacity remaining thereunder (net of $0.8 million in outstanding letters of credit issued under the Revolving Loan).

The obligations of FIS under the FIS Credit Agreement and under all its outstanding senior notes rank equal in priority, are unsecured and are guaranteed by substantially all of the domestic subsidiaries of FIS. The FIS Credit Agreement and the senior notes remain subject to customary covenants, including, among others, limitations on the payment of dividends by FIS, and events of default.

The following table summarizes the mandatory principal payments pursuant to the FIS Credit Agreement and the senior notes' indentures as of March 31, 2014 (in millions). There are no mandatory principal payments on the Revolving Loan and any balance outstanding on the Revolving Loan will be due and payable at its scheduled maturity date:

	Term Loan		2018		2020		2022		2023
	A-4		Notes		Notes		Notes		Notes		Total
2014	$	—	$	—	$	—	$	—	$	—	$	—
2015	100.0		—		—		—		—		100.0
2016	100.0		—		—		—		—		100.0
2017	1,662.5		—		—		—		—		1,662.5
2018	—		250.0		—		—		—		250.0
Thereafter	—		—		500.0		700.0		1,000.0		2,200.0
Total	$	1,862.5	$	250.0	$	500.0	$	700.0	$	1,000.0	$	4,312.5

10

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Voluntary prepayment of the Term Loans is generally permitted at any time without fee upon proper notice and subject to a minimum dollar requirement. In addition to scheduled principal payments, the Term Loans are (with certain exceptions) subject to mandatory prepayment upon the occurrence of certain events.

FIS may redeem some or all of the 2020 Notes and the 2022 Notes on or before July 14, 2017 and May 14, 2020, respectively, at specified premiums to par, and thereafter at par, as outlined in the respective indenture agreements. FIS may also redeem the 2018 Notes and the 2023 Notes at its option in whole or in part, at any time and from time to time, at a redemption price equal to the greater of 100% of the principal amount to be redeemed and a make-whole amount calculated as described in the related indenture in each case plus accrued and unpaid interest to, but excluding, the date of redemption; provided no make-whole amount will be paid for redemptions on the 2023 Notes during the three months prior to their maturity.

We monitor the financial stability of our counterparties on an ongoing basis. The lender commitments under the undrawn portions of the Revolving Loan are comprised of a diversified set of financial institutions, both domestic and international. The combined commitments of our top 10 revolving lenders comprise about 58% of our Revolving Loan. The failure of any single lender to perform its obligations under the Revolving Loan would not adversely impact our ability to fund operations. If the single largest lender were to default under the terms of the FIS Credit Agreement (impacting the capacity of the Revolving Loan), the maximum loss of available capacity on the undrawn portion of the Revolving Loan, as of March 31, 2014, would be approximately $107.0 million.

Debt issuance costs of $42.9 million, net of accumulated amortization, remain capitalized as of March 31, 2014, related to all of the above outstanding debt.

The fair value of the Company’s long-term debt is estimated to be approximately $25.6 million higher than the carrying value as of March 31, 2014. This estimate is based on quoted prices of our senior notes and trades of our other debt in close proximity to March 31, 2014, which are considered Level 2-type measurements. This estimate is subjective in nature and involves uncertainties and significant judgment in the interpretation of current market data. Therefore, the values presented are not necessarily indicative of amounts the Company could realize or settle currently.

As of March 31, 2014, we have entered into the following interest rate swap transactions converting a portion of the interest rate exposure on our Term and Revolving Loans from variable to fixed (in millions):

Effective date	Termination date	Notional amount		Bank pays variable rate of	FIS pays  fixed rate of
September 1, 2011	September 1, 2014	$	150.0	1 Month LIBOR (1)	0.74	%	(2)
September 1, 2011	September 1, 2014	150.0		1 Month LIBOR (1)	0.74	%	(2)
September 1, 2011	September 1, 2014	300.0		1 Month LIBOR (1)	0.72	%	(2)
July 1, 2012	July 1, 2015	300.0		1 Month LIBOR (1)	0.58	%	(2)
February 3, 2014	February 1, 2017	400.0		1 Month LIBOR (1)	0.89	%	(2)
		$	1,300.0

___________________________________

(1) 0.15% in effect as of March 31, 2014.

(2) Does not include the applicable margin and facility fees paid to lenders on the Term Loans and Revolving Loan as described above.

We have designated these interest rate swaps as cash flow hedges and, as such, they are carried on the Condensed Consolidated Balance Sheets (Unaudited) at fair value with changes in fair value included in other comprehensive earnings, net of tax.

A summary of the fair value of the Company’s derivative instruments as of March 31, 2014 and December 31, 2013, is as follows (in millions):

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FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

	March 31, 2014			December 31, 2013
	Balance sheet location	Fair value		Balance sheet location	Fair value
Interest rate swap contracts	Accounts payable and accrued liabilities	$	1.7	Accounts payable and accrued liabilities	$	2.5
Interest rate swap contracts	Other long-term liabilities	$	2.2	Other long-term liabilities	$	1.9

In accordance with the authoritative guidance for fair value measurements, the inputs used to determine the estimated fair value of our interest rate swaps are Level 2-type measurements. We considered our own credit risk and the credit risk of the counterparties when determining the fair value of our interest rate swaps. Adjustments are made to these amounts and to accumulated other comprehensive earnings ("AOCE") within the Condensed Consolidated Statements of Comprehensive Earnings (Unaudited) and Condensed Consolidated Statements of Equity as the factors that impact fair value change, including current and projected interest rates, time to maturity and required cash transfers/settlements with our counterparties. Periodic actual and estimated settlements with counterparties are recorded to interest expense as a yield adjustment to effectively fix the otherwise variable rate interest expense associated with the Term and Revolving Loans for hedged notional amounts.

A summary of the effect of derivative instruments on the Company’s Condensed Consolidated Statements of Comprehensive Earnings (Unaudited) and recognized in AOCE for the three months ended March 31, 2014 and 2013 is as follows (in millions):

	Amount of gain (loss) recognized in AOCE on derivatives						Amount of loss reclassified from AOCE into income
Derivatives in cash	Three months ended					Location of loss	Three months ended
flow hedging	March 31,					reclassified from	March 31,
relationships	2014			2013		AOCE into income	2014			2013
Interest rate swap contracts	$	(1.1	)	$	—	Interest expense	$	(1.6	)	$	(1.7	)

Approximately $1.9 million of the balance in AOCE as of March 31, 2014, is expected to be reclassified into income over the next twelve months.

Our existing cash flow hedges are highly effective and there was no impact on earnings due to hedge ineffectiveness. It is our practice to execute such instruments with credit-worthy banks at the time of execution and not to enter into derivative financial instruments for speculative purposes. As of March 31, 2014, we believe that our interest rate swap counterparties will be able to fulfill their obligations under our agreements and we believe we will have debt outstanding through the various expiration dates of the swaps such that the forecasted transactions remain probable of occurring.

(8) Supplemental Guarantor Financial Information

The following supplemental financial information sets forth for FIS and its guarantor and non-guarantor subsidiaries: (a) the Condensed Consolidating Balance Sheets as of March 31, 2014 and December 31, 2013; (b) the Condensed Consolidating Statements of Earnings and Comprehensive Earnings for the three months ended March 31, 2014 and 2013; and (c) the Condensed Consolidating Statements of Cash Flows for the three months ended March 31, 2014 and 2013. Each guarantor subsidiary is 100% owned by FIS and all guarantees are full and unconditional as well as joint and several.

12

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

	Condensed Consolidating Balance Sheets
	March 31, 2014
			Guarantor		Non-guarantor
	FIS		subsidiaries		subsidiaries		Eliminations			Consolidated
	(in millions)
Assets
Current assets:
Cash and cash equivalents	$	23.1	$	269.3	$	445.3	$	—		$	737.7
Settlement deposits	—		444.7		—		—			444.7
Trade receivables, net	—		717.7		270.2		—			987.9
Investment in subsidiaries, intercompany and receivables from related parties	9,532.1		11,037.9		945.3		(21,480.4		)	34.9
Other current assets	11.0		253.8		218.3		—			483.1
Total current assets	9,566.2		12,723.4		1,879.1		(21,480.4		)	2,688.3
Property and equipment, net	6.0		326.4		116.8		—			449.2
Goodwill	—		7,212.7		1,287.3		—			8,500.0
Intangible assets, net	—		943.7		344.3		—			1,288.0
Computer software, net	39.3		656.2		165.6		—			861.1
Other noncurrent assets	61.0		306.2		117.1		—			484.3
Total assets	$	9,672.5	$	22,168.6	$	3,910.2	$	(21,480.4	)	$	14,270.9
Liabilities and Equity
Current liabilities:
Accounts payable and accrued liabilities	$	103.8	$	216.4	$	333.0	$	—		$	653.2
Settlement payables	—		550.6		166.4		—			717.0
Current portion of long-term debt	39.1		10.0		0.6		—			49.7
Deferred revenues	—		192.1		78.0		—			270.1
Other current liabilities	—		—		14.4		—			14.4
Total current liabilities	142.9		969.1		592.4		—			1,704.4
Deferred income taxes	—		767.6		43.1		—			810.7
Long-term debt, excluding current portion	4,722.4		6.2		0.3		—			4,728.9
Other long-term liabilities	4.8		98.0		221.7		—			324.5
Total liabilities	4,870.1		1,840.9		857.5		—			7,568.5
Total equity	4,802.4		20,327.7		3,052.7		(21,480.4		)	6,702.4
Total liabilities and equity	$	9,672.5	$	22,168.6	$	3,910.2	$	(21,480.4	)	$	14,270.9

	Condensed Consolidating Balance Sheets
	December 31, 2013
			Guarantor		Non-guarantor
	FIS		subsidiaries		subsidiaries		Eliminations			Consolidated
	(in millions)
Assets
Current assets:
Cash and cash equivalents	$	21.5	$	172.4	$	353.6	$	—		$	547.5
Settlement deposits	—		327.4		—		—			327.4
Trade receivables, net	—		709.4		278.5		—			987.9
Investment in subsidiaries, intercompany and receivables from related parties	9,305.8		10,846.7		1,083.5		(21,200.2		)	35.8
Other current assets	38.1		289.4		125.8		—			453.3
Total current assets	9,365.4		12,345.3		1,841.4		(21,200.2		)	2,351.9
Property and equipment, net	6.5		329.3		103.2		—			439.0
Goodwill	—		7,212.7		1,287.3		—			8,500.0
Intangible assets, net	—		993.2		346.1		—			1,339.3
Computer software, net	36.4		656.5		163.6		—			856.5
Other noncurrent assets	63.6		294.5		115.3		—			473.4
Total assets	$	9,471.9	$	21,831.5	$	3,856.9	$	(21,200.2	)	$	13,960.1
Liabilities and Equity
Current liabilities:
Accounts payable and accrued liabilities	$	184.7	$	229.2	$	354.1	$	—		$	768.0
Settlement payables	—		453.0		65.6		—			518.6
Current portion of long-term debt	114.1		13.3		1.4		—			128.8
Deferred revenues	—		172.4		71.2		—			243.6
Other current liabilites	—		—		13.7		—			13.7
Total current liabilities	298.8		867.9		506.0		—			1,672.7
Deferred income taxes	—		778.8		44.8		—			823.6
Long-term debt, excluding current portion	4,333.2		6.3		0.3		—			4,339.8
Other long-term liabilities	2.8		98.8		285.1		—			386.7
Total liabilities	4,634.8		1,751.8		836.2		—			7,222.8
Total equity	4,837.1		20,079.7		3,020.7		(21,200.2		)	6,737.3
Total liabilities and equity	$	9,471.9	$	21,831.5	$	3,856.9	$	(21,200.2	)	$	13,960.1

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FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

	Condensed Consolidating Statements of Earnings and Comprehensive Earnings
	Three months ended March 31, 2014
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Processing and services revenues	$	—		$	1,174.5		$	345.8		$	—		$	1,520.3
Operating expenses	47.3			895.3			294.0			—			1,236.6
Operating income	(47.3		)	279.2			51.8			—			283.7
Other income (expense):
Interest expense, net	(42.8		)	(0.6		)	2.3			—			(41.1		)
Other income (expense)	(0.3		)	(0.4		)	0.2			—			(0.5		)
Net earnings (loss) of equity affiliates	220.6			—			—			(220.6		)	—
Total other income (expense)	177.5			(1.0		)	2.5			(220.6		)	(41.6		)
Earnings (loss) from continuing operations before income taxes	130.2			278.2			54.3			(220.6		)	242.1
Provision (benefit) for income taxes	(31.3		)	96.5			15.4			—			80.6
Net earnings (loss) from continuing operations	161.5			181.7			38.9			(220.6		)	161.5
Earnings (loss) from discontinued operations, net of tax	(0.4		)	—			(0.4		)	0.4			(0.4		)
Net earnings (loss)	161.1			181.7			38.5			(220.2		)	161.1
Net (earnings) loss attributable to noncontrolling interest	(6.6		)	0.1			(6.7		)	6.6			(6.6		)
Net earnings (loss) attributable to FIS common stockholders	$	154.5		$	181.8		$	31.8		$	(213.6	)	$	154.5
Comprehensive earnings (loss) attributable to FIS	$	167.6		$	181.6		$	43.7		$	(225.3	)	$	167.6

	Condensed Consolidating Statements of Earnings and Comprehensive Earnings
	Three months ended March 31, 2013
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Processing and services revenues	$	—		$	1,159.4		$	318.6		$	—		$	1,478.0
Operating expenses	61.5			866.4			275.0			—			1,202.9
Operating income	(61.5		)	293.0			43.6			—			275.1
Other income (expense):
Interest expense, net	(50.2		)	(0.4		)	(1.1		)	—			(51.7		)
Other income (expense)	9.6			0.1			(4.6		)	—			5.1
Net earnings (loss) of equity affiliates	222.3			—			—			(222.3		)	—
Total other income (expense)	181.7			(0.3		)	(5.7		)	(222.3		)	(46.6		)
Earnings (loss) from continuing operations before income taxes	120.2			292.7			37.9			(222.3		)	228.5
Provision (benefit) for income taxes	(33.1		)	94.9			13.4			—			75.2
Net earnings (loss) from continuing operations	153.3			197.8			24.5			(222.3		)	153.3
Earnings (loss) from discontinued operations, net of tax	(3.9		)	0.1			(4.0		)	3.9			(3.9		)
Net earnings (loss)	149.4			197.9			20.5			(218.4		)	149.4
Net (earnings) loss attributable to noncontrolling interest	(5.3		)	0.2			(5.5		)	5.3			(5.3		)
Net earnings (loss) attributable to FIS common stockholders	$	144.1		$	198.1		$	15.0		$	(213.1	)	$	144.1
Comprehensive earnings (loss) attributable to FIS	$	135.1		$	198.5		$	6.4		$	(204.9	)	$	135.1

14

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

	Condensed Consolidating Statements of Cash Flows
	Three months ended March 31, 2014
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Cash flows from operating activities	$	(52.6	)	$	284.2		$	(3.2	)	$	(5.8	)	$	222.6
Cash flows from investing activities	1.4			(58.6		)	(24.2		)	—			(81.4		)
Cash flows from financing activities	52.8			(128.7		)	112.5			5.8			42.4
Effect of foreign currency exchange rates on cash	—			—			6.6			—			6.6
Net increase (decrease) in cash	$	1.6		$	96.9		$	91.7		$	—		$	190.2

	Condensed Consolidating Statements of Cash Flows
	Three months ended March 31, 2013
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Cash flows from operating activities	$	(48.8	)	$	227.8		$	16.4		$	12.1		$	207.5
Cash flows from investing activities	(0.1		)	(61.1		)	(134.5		)	—			(195.7		)
Cash flows from financing activities	38.8			(194.6		)	236.1			(12.1		)	68.2
Effect of foreign currency exchange rates on cash	—			—			(7.0		)	—			(7.0		)
Net increase (decrease) in cash	$	(10.1	)	$	(27.9	)	$	111.0		$	—		$	73.0

(9) Commitments and Contingencies

Litigation

     In the ordinary course of business, the Company is involved in various pending and threatened litigation matters related to operations, some of which include claims for punitive or exemplary damages. The Company believes that no actions, other than the matters listed below, depart from customary litigation incidental to its business. As background to the disclosure below, please note the following:

• These matters raise difficult and complicated factual and legal issues and are subject to many uncertainties and complexities.

• The Company reviews all of its litigation on an on-going basis and follows the authoritative provisions for accounting for contingencies when making accrual and disclosure decisions. A liability must be accrued if (a) it is probable that a liability has been incurred and (b) the amount of loss can be reasonably estimated. If one of these criteria has not been met, disclosure is required when there is at least a reasonable possibility that a material loss may be incurred. When assessing reasonably possible and probable outcomes, the Company bases decisions on the assessment of the ultimate outcome following all appeals. Legal fees associated with defending litigation matters are expensed as incurred.

CheckFree Corporation and CashEdge, Inc. v. Metavante Corporation and Fidelity National Information Services, Inc.

This is a patent infringement action that was filed by CheckFree Corporation and CashEdge, Inc., subsidiaries of Fiserv, Inc., against Fidelity National Information Services, Inc. and our subsidiary, Metavante Corporation (collectively the “Defendants”) in the U.S. District Court for the Middle District of Florida, Jacksonville Division on January 5, 2012. The complaint seeks damages, injunctive relief and attorneys' fees for the alleged infringement of three patents. Plaintiffs allege that the Defendants infringe the patents at issue by providing customers financial and payment solutions that process payment instructions, provide electronic biller notifications, and/or process account-to-account funds transfer transactions and have requested financial damages and injunctive relief. Defendants filed their Answer and Counterclaims to Plaintiffs' complaint for patent infringement denying the claims of patent infringement and asserting defenses, including non-infringement and

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FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

invalidity. Additionally, Defendants filed counterclaims asserting patent infringement of three patents and adding Fiserv, Inc. as a Counter Defendant. Defendants seek damages, injunctive relief and attorneys' fees. Plaintiffs and Counter Defendant Fiserv, Inc., filed their Answer to Defendants' counterclaims denying the claims of patent infringement and asserting defenses, including non-infringement and invalidity. In the fourth quarter of 2012, the Court granted Plaintiffs' Motion to Amend its First Amended Complaint to add a fourth patent and Defendants' Motion to Amend its First Amended Answer and Counterclaims. Defendants filed a Motion for Summary Judgment seeking an order invalidating all of the Plaintiffs' asserted patents. Plaintiffs filed a Motion for Summary Judgment seeking to invalidate select patent claims from one of Defendants' asserted patents.   On June 24, 2013, Defendants filed for covered business method (“CBM”) post-grant reviews of the validity of the Plaintiff's asserted patents at the US Patent and Trademark Office.  On June 25, 2013, Defendants filed a Motion to Stay the case pending the outcome of the CBM post-grant reviews.  The Court denied Plaintiffs' Motion for Summary Judgment. On December 23, 2013, the US Patent Office instituted Defendants’ CBM Petitions, thereby agreeing to review the validity of Plaintiff's patents. Additionally, on January 17, 2014, the Court granted Defendants’ Motion to Stay the litigation pending the outcome of the CBM review proceedings. An estimate of a possible loss or range of possible loss, if any, for this litigation cannot be made at this time.

DataTreasury Corporation v. Fidelity National Information Services, Inc. et. al.

This patent infringement lawsuit was filed on May 28, 2013 by DataTreasury Corporation (“DTC”) against Fidelity National Information Services, Inc. (the “Company”) and multiple customer banks in the US District Court for the Eastern District of Texas, Marshall Division.  Plaintiff alleges that the Company infringes the patents at issue by making, using, selling or offering to sell systems and methods for image-based check processing. The Complaint seeks damages, injunctive relief and attorneys' fees for the alleged infringement of two patents.  On October 25, 2013, the Company filed for covered business method (“CBM”) post-grant reviews of the validity of the Plaintiff's asserted patents at the US Patent and Trademark Office ("USPTO").  On December 18, 2013, the Company filed a Motion to Stay the case pending the outcome of the CBM post-grant reviews.   On April 4, 2014, the Company filed an Emergency Motion to Stay the case pending the Court's ruling on the underlying Motion to Stay in order to obtain relief from the aggressive schedule imposed by the Court. On April 29, 2014, the USPTO instituted the Company's two CBM petitions. The trial is currently scheduled for April 13, 2015. An estimate of a possible loss or range of possible loss, if any, for this action cannot be made at this time.

Indemnifications and Warranties

     The Company generally indemnifies its customers, 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, and 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.

(10) Stock Purchase Right

As of the date of acquisition of our subsidiary, Metavante Technologies, Inc. ("Metavante"), WPM, L.P., a Delaware limited partnership affiliated with Warburg Pincus Private Equity IX, L.P. (collectively “Warburg Pincus”) held a stock purchase right for FIS shares that originated from its initial investment in our subsidiary, Metavante. On March 6, 2013, Warburg Pincus sold 19.3 million shares of FIS common stock in a secondary public offering, constituting substantially all its remaining ownership position, other than shares it was still entitled to buy under the purchase right agreement. As of May 23, 2013, in exchange for a cash payment of $4.9 million by FIS to Warburg Pincus, the parties terminated the stock purchase right agreement and the Warburg shareholders agreement, thereby eliminating any further rights and obligations with respect thereto. The cash payment was calculated as the value, on a net settlement exercise basis, of the purchase rights remaining under the agreement on the termination date. This payment was recorded as a reduction to additional paid in capital.

(11) Share Repurchase Program

On January 29, 2014 our Board of Directors approved a plan authorizing repurchases of up to $2.0 billion of our outstanding common stock in the open market at prevailing market prices or in privately negotiated transactions through

16

FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

December 31, 2017. This share repurchase authorization replaced any existing share repurchase authorization plan. Approximately $1,825.0 million of plan capacity remained available for repurchases as of March 31, 2014. The table below summarizes quarterly share repurchase activity for 2014 and 2013 under all plans (in millions, except per share amounts):

				Total cost of shares
				purchased as part of
	Total number of	Average price		publicly announced
Three months ended	shares purchased	paid per share		plans or programs
March 31, 2014	3.2	$	54.31	$	175.0
December 31, 2013	2.5	$	50.73	$	125.7
September 30, 2013	2.7	$	46.69	$	124.9
June 30, 2013	2.8	$	44.25	$	125.0
March 31, 2013	2.7	$	37.17	$	100.4

(12) Segment Information

Summarized financial information for the Company’s segments is shown in the following tables.

As of and for the three months ended March 31, 2014 (in millions):

	FSG		PSG		ISG		Corporate and Other			Total
Processing and services revenues	$	586.8	$	619.5	$	314.4	$	(0.4	)	$	1,520.3
Operating expenses	399.8		384.0		275.0		177.8			1,236.6
Operating income	$	187.0	$	235.5	$	39.4	$	(178.2	)	283.7
Other income (expense) unallocated										(41.6		)
Income from continuing operations before income taxes										$	242.1
Depreciation and amortization	$	39.9	$	19.9	$	19.6	$	73.2		$	152.6
Capital expenditures (1)	$	41.2	$	19.3	$	24.0	$	5.8		$	90.3
Total assets (2)	$	5,471.1	$	5,232.6	$	2,174.4	$	1,390.1		$	14,268.2
Goodwill	$	4,064.7	$	3,833.1	$	602.2	$	—		$	8,500.0

As of and for the three months ended March 31, 2013 (in millions):

	FSG		PSG		ISG		Corporate and Other			Total
Processing and services revenues	$	575.3	$	611.8	$	291.6	$	(0.7	)	$	1,478.0
Operating expenses	386.9		373.3		251.3		191.4			1,202.9
Operating income	$	188.4	$	238.5	$	40.3	$	(192.1	)	275.1
Other income (expense) unallocated										(46.6		)
Income from continuing operations before income taxes										$	228.5
Depreciation and amortization	$	39.2	$	19.8	$	18.8	$	75.4		$	153.2
Capital expenditures (1)	$	40.6	$	14.4	$	17.4	$	3.0		$	75.4
Total assets (2)	$	5,433.2	$	4,715.4	$	1,925.8	$	1,622.4		$	13,696.8
Goodwill	$	4,058.0	$	3,833.1	$	596.1	$	—		$	8,487.2

(1) Capital expenditures for the three months ended March 31, 2014 and 2013 include $0.4 million and $1.7 million, respectively of capital leases.

(2) Total assets as of March 31, 2014 and 2013 exclude $2.7 million and $2.4 million related to discontinued operations.

Financial Solutions Group

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FIDELITY NATIONAL INFORMATION SERVICES, INC.

AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

FSG focuses on serving the technology, processing and outsourcing needs of financial institutions, commercial lenders, finance companies and other businesses in North America. FSG's primary software applications function as the underlying infrastructure of a financial institution's processing environment. These applications include core bank processing software, which banks use to maintain the primary records of their customer accounts, and complementary applications and services that interact directly with the core processing applications. FSG offers applications and services through a range of delivery and service models, including on-site outsourcing and remote processing arrangements, as well as on a licensed software basis for installation on customer-owned and operated systems. We also provide strategic consulting services that help financial institutions define and manage their technology strategies and projects.

Payment Solutions Group

PSG provides a comprehensive set of services and software for EFT, network, card processing, check image, bill payment and government payment processing for North America. PSG is focused on servicing the payment and EFT needs of North American headquartered banks, credit unions and independent community and savings institutions as well as other commercial enterprises and government institutions.

International Solutions Group

ISG offers similar services, solutions and strategic consulting summarized above for FSG and PSG to a wide array of international financial institutions. Also, this segment includes the Company's consolidated Brazilian Venture (Note 2). Customers in Brazil, Germany and the United Kingdom accounted for the majority of the revenues from non-U.S. based customers for all periods presented. Included in this segment are long-term assets, excluding goodwill and other intangible assets, located outside of the United States totaling $375.9 million and $368.1 million as of March 31, 2014 and 2013, respectively. These assets are predominantly located in Germany, Brazil, the United Kingdom and India.

Corporate and Other

The Corporate and Other segment consists of the corporate overhead costs that are not allocated to operating segments. Corporate overhead costs relate to human resources, legal, risk management, information security, finance and accounting, domestic sales and marketing, amortization of acquisition-related intangibles and other costs that are not considered when management evaluates segment performance.

(13) Acquisitions

We completed a number of acquisitions in 2014 and 2013 that were not significant, individually or in the aggregate. The largest among these was mFoundry.

mFoundry

In March 2013, we completed the acquisition of mFoundry, Inc. ("mFoundry"), paying $115.0 million, net of cash acquired, for the remaining interest that we did not already own. mFoundry is a leading provider of mobile banking and payment solutions for financial institutions and retailers. Owning underlying technology that enables mobile commerce is expected to enhance our strategic positioning as the mobile channel continues to expand, and to enable us to leverage our capabilities over a broader customer base. The acquisition of the remaining interest resulted in a $9.2 million pretax gain on our pre-acquisition investment in mFoundry, which is included in Other Income (Expense) in the Condensed Consolidated Statements of Earnings(Unaudited) for the 2013 period.

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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Unless stated otherwise or the context otherwise requires, all references to “FIS,” “we,” the “Company” or the “registrant” are to Fidelity National Information Services, Inc., a Georgia corporation and its subsidiaries.

The following discussion should be read in conjunction with Item 1: Condensed Consolidated Financial Statements (Unaudited) and the Notes thereto included elsewhere in this report. The discussion below contains forward-looking statements within the meaning of the U.S. federal securities laws. Statements that are not historical facts, including statements regarding our expectations, hopes, intentions, or strategies regarding the future, are forward-looking statements. These statements relate to, among other things, future events and our future results, and involve a number of risks and uncertainties. Forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. Any statements that refer to beliefs, expectations, projections or other characterizations of future events or circumstances and other statements that are not historical facts are forward-looking statements. In many cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these terms and other comparable terminology.

Actual results, performance or achievement could differ materially from those contained in these forward-looking statements. The risks and uncertainties that forward-looking statements are subject to include without limitation:

• changes in general economic, business and political conditions, including the possibility of intensified international hostilities, acts of terrorism, and changes in either or both the United States and international lending, capital and financial markets;

• the effect of legislative initiatives or proposals, statutory changes, governmental or other applicable regulations and/or changes in industry requirements, including privacy regulations;

• the risks of reduction in revenue from the elimination of existing and potential customers due to consolidation in or new laws or regulations affecting the banking, retail and financial services industries or due to financial failures or other setbacks suffered by firms in those industries;

• changes in the growth rates of the markets for our solutions;

• failures to adapt our solutions to changes in technology or in the marketplace;

• internal or external security breaches of our systems, including those relating to the theft of personal information and computer viruses affecting our software or platforms, and the reactions of customers, card associations, government regulators and others to any such events;

• the reaction of our current and potential customers to communications from us or our regulators regarding information security, risk management, internal audit or other matters;

• competitive pressures on pricing related to our solutions including the ability to attract new, or retain existing, customers;

• an operational or natural disaster at one of our major operations centers;

• and other risks detailed elsewhere in the “Statement Regarding Forward-Looking Information,” “Risk Factors” section and other sections of the Company’s Annual Report on Form 10-K for the year ended December 31, 2013, this Form 10-Q and our other filings with the Securities and Exchange Commission.

Other unknown or unpredictable factors also could have a material adverse effect on our business, financial condition, results of operations and prospects. Accordingly, readers should not place undue reliance on these forward-looking statements. These forward-looking statements are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Except as required by applicable law or regulation, we do not undertake (and expressly disclaim) any obligation and do not intend to publicly update or review any of these forward-looking statements, whether as a result of new information, future events or otherwise. You should carefully consider the possibility that actual results may differ materially from our forward-looking statements.

Overview

FIS is a leading global provider of banking and payments technologies, complemented by strategic consulting services, professional services and outsourcing services. With a long history deeply rooted in the financial services industry and banking and payment technology solutions, FIS delivers services to more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Florida, FIS employs more than 38,000 employees worldwide and holds leadership positions in payment processing solutions and integrated banking solutions, providing outsourced solutions, software and services for technologies and processes that drive a financial institution’s operations. Through our Capco brand, we deliver globally a wide range of information technology consulting and transformational services to financial institutions. FIS has topped the annual FinTech

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100 list, a ranking of financial services industry technology providers, for the last three years and is a member of the Fortune 500 U.S. and of Standard and Poor’s (S&P) 500^® Index. We have four reporting segments: FSG, PSG, ISG and Corporate and Other. A description of these segments is included in Note 12 of the Notes to Condensed Consolidated Financial Statements (Unaudited). Revenues by segment and the results of operations of our segments are discussed below in Segment Results of Operations.

Business Trends and Conditions

Our revenue is primarily derived from a combination of recurring technology and processing services, consulting and professional services and software license fees.  The majority of our revenue has historically been recurring, provided under multi-year contracts that contribute relative stability to our revenue stream.  These services, in general, are considered critical to our customers' operations. A significant portion of these recurring revenues is derived from transaction processing fees that fluctuate with the level of deposit accounts and card transactions associated with consumer and commercial activity.  Consulting and professional services revenues are typically non-recurring, and sales of software licenses are less predictable, a portion of which can be regarded as discretionary spending by our customers. 

One of the current trends in the financial services industry from which we are benefiting is the migration by our clients to an outsourced model to improve their profitability. We compete for both licensing and outsourcing business, and thus are affected by the decisions of financial institutions to use our services under an outsourced arrangement or to instead manage their technology operations internally under a software license and maintenance agreement with us. As a provider of outsourcing solutions, we benefit from multi-year recurring revenue streams, which help moderate the effects of year-to-year economic changes on our results of operations. We believe our integrated solutions and outsourced services are targeted and well positioned to address this outsourcing trend across the markets we serve.

We believe that current market pressures in the financial services industry create an opportunity for our consulting and professional services. Many financial institutions are at an inflection point that demands that they transform their businesses to significantly reduce their cost base while also responding to the competitive pressures of innovation and to increased regulatory oversight with regard to information technology and related processes. Capco provides strategic consulting service capabilities to respond to these market needs. Consulting services revenue grew at an increased pace in 2013 and we expect this trend to continue in 2014. However, if consulting and professional services revenue and gross margin grow as a percentage of our overall revenue and gross margin, our overall gross margin percentage would be reduced, as gross margin percentage realized for professional services is lower than that for most of our other services. In addition, as consulting and professional services revenue grow as a portion of our overall revenue, we will have a lower overall percentage of recurring revenue as generally these services are non-recurring.

We see in particular a market opportunity in large global financial institutions, where we believe we can couple our strategic consulting and transformation services with outsourced technology, services and solutions to help these institutions achieve their business goals. These large institutions are subject to the pressures described above that are generating revenue for our consulting services, and moreover appear poised to increase technology spending to meet competitive pressures after a slowdown during the recent financial crisis years. We are investing in management, sales and account management resources to pursue this market opportunity. Our current target is to invest an incremental $30 million in this initiative in 2014.

Mobile banking is growing in popularity as consumers embrace the convenience and increasingly digital-savvy consumers grow in proportion to the banked population. We expect this trend to continue and grow. We continue to focus and invest in adapting and developing new mobile solutions to assist our customers with this transition.

We expect to see more demand for innovative solutions in the payments market that will deliver faster, more convenient payment solutions in mobile channels, internet applications and cards. We believe mobile payments will grow and partially replace existing payment tender volumes over time. This presents both a growth opportunity and a risk to us as the market develops. Mobile payment volume does not yet represent a significant amount of the payments market and it is unclear which technology or service will be the dominant solution. Additionally, new non-traditional payments competitors are investing in and innovating mobile payment technologies to address the emerging market opportunity. Although we cannot predict which mobile payment technology or solution will be the most successful, we cautiously believe our customer relationships, payments infrastructure and experience, adapted solutions and emerging solutions are well positioned to maintain or grow our customers' existing payment volumes. The growing risk of identity theft and fraud has also led to an increased demand for risk management solutions and we are focused on solutions to address this trend.

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Card transactions continue to grow as a percentage of overall payment volumes as consumers shift payments to cards from checks and cash. We have invested in our card management solutions and card manufacturing and processing capabilities to accommodate EMV integrated circuit cards, often referred to as smart cards or chip cards, so we can guide our customers through this anticipated technology transition, sustain and grow our card driven businesses. We continue to monitor the impacts of regulation on the payment card industry and the Durbin amendment in particular. To date, the impact of the Durbin amendment on our card payment volumes is insignificant. We continuously monitor the marketplace as it adapts to the Durbin amendment and its ongoing regulatory developments, but are unable to determine at this time whether there will be a significant favorable or unfavorable impact on our payment card businesses in the future.

The Durbin amendment has affected the marketplace for our EFT network business, as its rules and regulations allow merchants more discretion to determine their transaction network routing and to consider multiple alternative networks. To date, the impact of the Durbin amendment has been modestly favorable to our EFT network business as we have competed effectively. At this time, we are unable to determine whether there will be a significant favorable or unfavorable impact on our EFT network business in the future.

The use of checks continues to decline as a percentage of total payments, which negatively impacts our check warranty and item-processing businesses and we expect this trend to continue. To date, we have been able to successfully mitigate the majority of the impacts of this decline through cost and fraud efficiency actions and new market solutions, which remain our continued focus.

While we are cautious regarding broader economic improvement, we expect banks to continue investing in new technology and believe we are well positioned to capitalize as the overall market continues to recover. We anticipate consolidation within the banking industry will continue, primarily in the form of merger and acquisition activity. As a whole, consolidation activity is detrimental to our business. However, consolidation resulting from specific merger and acquisition transactions may be beneficial or detrimental to our business. When consolidations occur, merger partners often operate disparate systems licensed from competing service providers. The newly formed entity generally makes a determination to migrate its core and payments systems to a single platform. When a financial institution processing client is involved in a consolidation, we may benefit by expanding the use of our services if such services are chosen to survive the consolidation and support the newly combined entity. Conversely, we may lose market share if we are providing services to both entities, or we are not the merging parties' provider of core or payment processing, or if a customer of ours is involved in a consolidation and our services are not chosen to survive the consolidation and support the newly combined entity. It is also possible that larger financial institutions resulting from consolidation may have greater leverage in negotiating terms or could decide to perform in-house some or all of the services that we currently provide or could provide. Our standard contractual terms include provisions for the payment to us of liquidated damages in the event of an early termination of a processing agreement.We further seek to mitigate the risks of consolidations by offering other competitive services to take advantage of specific opportunities at the surviving company.

Notwithstanding challenging global economic conditions, our international business continued to experience growth across all major regions on a constant currency basis during the three months ended March 31, 2014, including Latin America, Europe and Asia. We expect this growth trend to continue as the result of the addition of new, large-scale outsourcing clients in all of these regions in 2013 and the opportunities we see for similar arrangements.  Demand for our solutions may also be created in developing countries by government-led financial inclusion policies aimed to reduce the unbanked population and by  growth in the middle classes in these markets leading to the need for more sophisticated banking solutions. The majority of our European revenue is generated by clients in Germany, France and the United Kingdom.

Information Security

Globally, attacks on information technology systems continue to grow in frequency, complexity and sophistication. This is a trend we expect will continue. Such attacks have become a point of focus for individuals, businesses and governmental entities. The objectives of these attacks include, among other things, gaining unauthorized access to systems to facilitate financial fraud, disrupt operations, cause denial of service events, corrupt data, and steal non-public information. FIS is not immune to such attacks. As part of our business, we electronically receive, process, store and transmit a wide range of confidential information, including sensitive customer information and personal consumer data. We also operate payment, cash access and prepaid card systems. FIS, like any large financial technology service provider, is subject to attempted cyber-attacks on a regular basis. A successful cyber-attack on an FIS system that resulted in sensitive information being compromised, fraud losses or other adverse consequences could have a material adverse effect on the company.

As a Multi-Regional Data Processing Servicer (MDPS), FIS continues to be examined by and have regular interaction with the federal agencies that regulate financial institutions. These regulators have the authority to take actions they deem necessary to protect the safety and soundness of the financial institutions they regulate. Such actions, if taken, could have a material

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adverse impact on our business. FIS regularly reports to its regulators and to its clients regarding the Company's efforts to enhance its information security and risk management technology, programs and procedures. We are unable to predict with certainty what, if any, communications or actions our regulators will have or take with our regulated financial institution clients with respect to our risk management and information security. We are also unable to predict the effect that any such communications or actions may have on our business.

FIS remains focused on continued strategic investments in information security to protect its clients and its information systems. This includes both capital expenditures and operating expense on hardware, software, personnel and consulting services.

Critical Accounting Policies

There have been no significant changes to our critical accounting policies as disclosed in our Annual Report on Form 10-K for the year ended December 31, 2013.

Transactions with Related Parties

See Note 2 to the Notes to Condensed Consolidated Financial Statements (Unaudited) for a detailed description of transactions with related parties.

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Comparisons of three-month periods ended March 31, 2014 and 2013

Consolidated Results of Operations (Unaudited)

(in millions, except per share amounts)

	Three months ended March 31,
	2014			2013
Processing and services revenues	$	1,520.3		$	1,478.0
Cost of revenues	1,050.0			1,008.0
Gross profit	470.3			470.0
Selling, general, and administrative expenses	186.6			194.9
Operating income	283.7			275.1
Other income (expense):
Interest expense, net	(41.1		)	(51.7		)
Other income (expense), net	(0.5		)	5.1
Total other income (expense), net	(41.6		)	(46.6		)
Earnings from continuing operations before income taxes	242.1			228.5
Provision for income taxes	80.6			75.2
Earnings from continuing operations, net of tax	161.5			153.3
Earnings (loss) from discontinued operations, net of tax	(0.4		)	(3.9		)
Net earnings	161.1			149.4
Net (earnings) loss attributable to noncontrolling interest	(6.6		)	(5.3		)
Net earnings attributable to FIS	$	154.5		$	144.1
Net earnings per share — basic from continuing operations attributable to FIS common stockholders	$	0.54		$	0.51
Net earnings (loss) per share — basic from discontinued operations attributable FIS common stockholders	—			(0.01		)
Net earnings per share — basic attributable to FIS common stockholders	$	0.54		$	0.50
Weighted average shares outstanding — basic	288.0			291.0
Net earnings per share — diluted from continuing operations attributable to FIS common stockholders	$	0.53		$	0.50
Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders	—			(0.01		)
Net earnings per share — diluted attributable to FIS common stockholders	$	0.53		$	0.49
Weighted average shares outstanding — diluted	291.9			295.5
Amounts attributable to FIS common stockholders:
Earnings from continuing operations, net of tax	$	154.9		$	148.0
Earnings (loss) from discontinued operations, net of tax	(0.4		)	(3.9		)
Net earnings attributable to FIS	$	154.5		$	144.1

Processing and Services Revenues

Processing and services revenues totaled $1,520.3 million and $1,478.0 million during the three-month periods ended March 31, 2014 and 2013, respectively. The increase in revenue of $42.3 million, or 2.9%, during the three-month period ended March 31, 2014 as compared to the 2013 period is attributable to increased demand for professional and consulting services, incremental revenues from 2013 acquisitions and growth from our international operations resulting from our expanded presence across Europe, Latin America and Asia. The three-month period ended March 31, 2014 included $15.7 million of unfavorable foreign currency impact resulting from a stronger U.S. Dollar as compared to 2013.

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Cost of Revenues and Gross Profit

Cost of revenues totaled $1,050.0 million and $1,008.0 million during the three-month periods ended March 31, 2014 and 2013, respectively, resulting in gross profit of $470.3 million and $470.0 million during the three-month periods ended March 31, 2014 and 2013, respectively. Gross profit as a percentage of revenues was 30.9% and 31.8% during the three-month periods ended March 31, 2014 and 2013. This reduction in gross profit percentage during the three-month period ended March 31, 2014 was largely attributable to a change in revenue mix reflecting an increase in professional services as a percentage of overall revenue and a reduction in termination fees and license revenue.

Selling, General and Administrative Expenses

Selling, general and administrative expenses totaled $186.6 million and $194.9 million during the three-month periods ended March 31, 2014 and 2013, respectively. A decrease in spending for consulting services, as well as lower legal fees and compensation, accounted for the decrease of $8.3 million during the three-month period ended March 31, 2014 as compared to 2013.

Operating Income

Operating income totaled $283.7 million and $275.1 million during the three-month periods ended March 31, 2014 and 2013, respectively. Operating income as a percentage of revenue (“operating margin”) was 18.7% and 18.6% during the three-month periods ended March 31, 2014 and 2013, respectively. The changes in operating income and margin for the three months of 2014 as compared to 2013 resulted primarily from the revenue and selling, general and administrative expense variances addressed above.

Total Other Income (Expense), Net

Total other income (expense), net was $(41.6) million and $(46.6) million during the three-month periods ended March 31, 2014 and 2013, respectively. Interest expense is a large component of total other income (expense), net. Interest expense decreased $10.6 million during the three-month period ended March 31, 2014, as compared to 2013 primarily due to lower borrowing rates as the result of the debt refinancing activity undertaken during the first half of 2013. The 2013 three-month period includes a $9.2 million gain resulting from the purchase of the remaining shares of mFoundry, representing the difference between the fair value and carrying value of the minority-interest investment previously held.

Provision for Income Taxes

Income tax expense from continuing operations totaled $80.6 million and $75.2 million during the three-month periods ended March 31, 2014 and 2013, respectively. This resulted in effective tax rates from continuing operations of 33% for the three-month periods ended March 31, 2014 and 2013.

Earnings (Loss) from Discontinued Operations

During the 2014 and 2013 periods, certain operations are classified as discontinued as discussed more fully in Note 4 of the Notes to Condensed Consolidated Financial Statements (Unaudited). Reporting for discontinued operations classifies revenues and expenses as one line item, net of tax, in the Condensed Consolidated Statements of Earnings (Unaudited). Participacoes had expenses of $0.5 million and $6.0 million for the three months ended March 31, 2014 and 2013, respectively.

Earnings from Continuing Operations, Net of Tax, Attributable to FIS Common Stockholders

Earnings from continuing operations, net of tax, attributable to FIS common stockholders totaled $154.9 million and $148.0 million resulting in earnings per diluted share of $0.53 and $0.50 for the three-month periods ended March 31, 2014 and 2013, respectively.

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Segment Results of Operations (Unaudited)

Financial Solutions Group

(in millions)

	Three months ended March 31,
	2014		2013
Processing and services revenues	$	586.8	$	575.3
Operating income	$	187.0	$	188.4

Revenues for FSG totaled $586.8 million and $575.3 million during the three-month periods ended March 31, 2014 and 2013, respectively. The overall segment increase of $11.5 million during the 2014 period as compared to 2013 was attributable to incremental revenues from 2013 acquisitions and growth in eBanking solutions and consulting services.

Operating income for FSG totaled $187.0 million and $188.4 million during the three-month periods ended March 31, 2014 and 2013, respectively. Operating margin was approximately 31.9% and 32.7% for the three-month periods ended March 31, 2014 and 2013, respectively. The decrease in operating income and operating margin during the 2014 three-month periods as compared to 2013 primarily resulted from an increase in professional services fees as a percentage of overall revenue and lower termination fees in 2014.

Payment Solutions Group

(in millions)

	Three months ended March 31,
	2014		2013
Processing and services revenues	$	619.5	$	611.8
Operating income	$	235.5	$	238.5

Revenues for PSG totaled $619.5 million and $611.8 million during the three-month periods ended March 31, 2014 and 2013, respectively. The revenue increase for the three months ended March 31, 2014 was attributable to growth in image and output solutions, bill payment services and card solutions.

Operating income for PSG totaled $235.5 million and $238.5 million during the three-month periods ended March 31, 2014 and 2013, respectively. Operating margin was approximately 38.0% and 39.0% during the three-month periods ended March 31, 2014 and 2013, respectively. The decreases in operating income and operating margin during the 2014 three-month periods as compared to the 2013 periods primarily resulted from a change in revenue mix, including a reduction in license and termination fees and an increase in processing revenue.

International Solutions Group

(in millions)

	Three months ended March 31,
	2014		2013
Processing and services revenues	$	314.4	$	291.6
Operating income	$	39.4	$	40.3

Revenues for ISG totaled $314.4 million and $291.6 million during the three-month periods ended March 31, 2014 and 2013, respectively. The revenue increase for the three months ended March 31, 2014 was attributable to growth within our European consulting businesses and our expanded presence across Europe, Latin America and Asia, partially offset by $14.0 million of unfavorable foreign currency impact resulting from a stronger U.S. Dollar during 2014.

Operating income for ISG totaled $39.4 million and $40.3 million during the three-month periods ended March 31, 2014 and 2013, respectively. Operating margins were approximately 12.5% and 13.8% during the three-month periods ended

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March 31, 2014 and 2013, respectively. Operating income in the 2014 and 2013 three-month periods was comparable. The decrease in operating margin primarily resulted from lower license revenue, growth in consulting revenue and higher expenses related to the global financial institutions market.

Corporate and Other

The Corporate and Other segment results consist of selling, general and administrative expenses and depreciation and intangible asset amortization not otherwise allocated to the reportable segments. Corporate and Other expenses were $178.2 million and $192.1 million during the three-month periods ended March 31, 2014 and 2013, respectively. A decrease in spending for consulting services, as well as lower legal fees and compensation, accounted for the decrease in Corporate and Other expenses during the 2014 period as compared to 2013.

Liquidity and Capital Resources

Cash Requirements

Our ongoing cash requirements include operating expenses, income taxes, mandatory debt service payments, capital expenditures, stockholder dividends, working capital and timing differences in settlement-related assets and liabilities, and may include discretionary debt service, share repurchases, and business acquisitions. Our cash requirements also include payments for Capco's contingent consideration earn-out and for labor claims related to FIS' former item processing and remittance operations in Brazil (see Note 4 in the Notes to Condensed Consolidated Financial Statements (Unaudited)). Our principal sources of funds are cash generated by operations and borrowings, including the capacity under our Revolving Loan described in Note 7 in the Notes to the Condensed Consolidated Financial Statements (Unaudited).

As of March 31, 2014, we had cash and cash equivalents of $737.7 million and debt of $4,778.6 million, including the current portion. Of the $737.7 million cash and cash equivalents, approximately $461.4 million is held by our foreign entities and would generally be subject to U.S. income taxation upon repatriation to the U.S. The majority of our domestic cash and cash equivalents represents net deposits-in-transit at the balance sheet dates and relates to daily settlement activity. We expect that cash and cash equivalents plus cash flows from operations over the next twelve months will be sufficient to fund our operating cash requirements, capital expenditures and mandatory debt service.

We currently expect to continue to pay quarterly dividends, which have increased from $0.20 to $0.22 per share per quarter in 2013 and then to $0.24 per share per quarter in 2014. However, the amount, declaration and payment of future dividends is at the discretion of the Board of Directors and depends on, among other things, our investment opportunities, results of operations, financial condition, cash requirements, future prospects and other factors that may be considered relevant by our Board of Directors, including legal and contractual restrictions. Additionally, the payment of cash dividends may be limited by covenants in certain debt agreements. A regular quarterly dividend of $0.24 per common share was paid on March 31, 2014, to shareholders of record as of the close of business on March 17, 2014.

Cash Flows from Operations

Cash flows from operations were $222.6 million and $207.5 million during the three-month periods ended March 31, 2014 and 2013, respectively. Cash flows from operations increased $15.1 million in 2014 primarily due to higher net earnings, largely offset by the net change in working capital. Additionally, the 2013 period included a non-cash pretax gain of $9.2 million on our pre-acquisition investment in mFoundry resulting from acquiring the remaining interest.

Capital Expenditures and Other Investing Activities

Our principal capital expenditures are for computer software (purchased and internally developed) and additions to property and equipment. We invested approximately $89.9 million and $73.7 million in capital expenditures during the three-month periods ended March 31, 2014 and 2013, respectively. We expect to invest approximately 5.5-6% of 2014 revenue in capital expenditures.

We used $115.0 million of cash during the three months ended March 31, 2013 for the acquisition of mFoundry.

Financing

For information regarding the Company's long-term debt and financing activity, see Note 7 in the Notes to Condensed Consolidated Financial Statements (Unaudited). Our financing activities also included the use of $75.0 million more in cash

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for share re-acquisitions in the first quarter of 2014 as compared to the 2013 comparable quarter, which are included in treasury stock activity.

Contractual Obligations

There were no material changes in our contractual obligations in the first quarter of 2014 in comparison to the table included in our Annual Report on Form 10-K as filed on February 28, 2014.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements.

Item 3. Quantitative and Qualitative Disclosure About Market Risks

Market Risk

We are exposed to market risks primarily from changes in interest rates and foreign currency exchange rates. We use certain derivative financial instruments, including interest rate swaps and foreign currency forward contracts, to manage interest rate and foreign currency risk. We do not use derivatives for trading purposes, to generate income or to engage in speculative activity.

Interest Rate Risk

In addition to existing cash balances and cash provided by operating activities, we use fixed rate and variable rate debt to finance our operations. We are exposed to interest rate risk on these debt obligations and related interest rate swaps.

The senior notes as described in Note 7 to the Condensed Consolidated Financial Statements (Unaudited) represent substantially all of our fixed-rate long-term debt obligations. The carrying value of the notes was $2,450.0 million as of March 31, 2014. The fair value of the senior notes was approximately $2,464.0 million as of March 31, 2014. The potential reduction in fair value of the senior notes from a hypothetical 10 percent increase in market interest rates would not be material to the overall fair value of the debt.

Our floating rate long-term debt obligations principally relate to borrowings under the FIS Credit Agreement (as defined in Note 7 to the Condensed Consolidated Financial Statements (Unaudited)). An increase of 100 basis points in the LIBOR rate would increase our annual debt service under the FIS Credit Agreement, after we include the impact of our interest rate swaps, by $10.4 million (based on principal amounts outstanding as of March 31, 2014). We performed the foregoing sensitivity analysis based on the principal amount of our floating rate debt as of March 31, 2014, less the principal amount of such debt that was then subject to an interest rate swap converting such debt into fixed rate debt. This sensitivity analysis is based solely on the principal amount of such debt as of March 31, 2014, and does not take into account any changes that occurred in the prior 12 months or that may take place in the next 12 months in the amount of our outstanding debt or in the notional amount of outstanding interest rate swaps in respect of our debt. Further, in this sensitivity analysis, the change in interest rates is assumed to be applicable for an entire year. For comparison purposes, based on principal amounts of floating rate debt outstanding as of March 31, 2013, and calculated in the same manner as set forth above, an increase of 100 basis points in the LIBOR rate would have increased our annual interest expense, after we calculate the impact of our interest rate swaps, by $9.5 million.

We use interest rate swaps for the purpose of managing our interest expense through the mix of fixed rate and floating rate debt. As of March 31, 2014, we have entered into the following interest rate swap transactions converting a portion of the interest rate exposure on our Term and Revolving Loans from variable to fixed (in millions):

Effective date	Termination date	Notional amount		Bank pays variable rate of	FIS pays  fixed rate of
September 1, 2011	September 1, 2014	$	150.0	1 Month LIBOR (1)	0.74	%	(2)
September 1, 2011	September 1, 2014	150.0		1 Month LIBOR (1)	0.74	%	(2)
September 1, 2011	September 1, 2014	300.0		1 Month LIBOR (1)	0.72	%	(2)
July 1, 2012	July 1, 2015	300.0		1 Month LIBOR (1)	0.58	%	(2)
February 3, 2014	February 1, 2017	400.0		1 Month LIBOR (1)	0.89	%	(2)
		$	1,300.0

________________________

(1) 0.15% in effect as of March 31, 2014.

27

(2) Does not include the applicable margin and facility fees paid to lenders on Term Loans and the Revolving Loan as described in note 7 to the Condensed Consolidated Financial Statements (Unaudited).

We have designated these interest rate swaps as cash flow hedges for accounting purposes. A portion of the amount included in accumulated other comprehensive earnings is reclassified into interest expense as a yield adjustment as interest payments are made on the Term and Revolving Loans. In accordance with the authoritative guidance for fair value measurements, the inputs used to determine the estimated fair value of our interest rate swaps are Level 2-type measurements. We considered our own credit risk and the credit risk of the counterparties when determining the fair value of our interest rate swaps.

Foreign Currency Risk

We are exposed to foreign currency risks that arise from normal business operations. These risks include the translation of local currency balances of foreign subsidiaries, transaction gains and losses associated with intercompany loans with foreign subsidiaries and transactions denominated in currencies other than a location's functional currency. Our objective is to minimize our exposure to these risks through a combination of normal operating activities and the use of foreign currency forward contracts. Contracts are denominated in currencies of major industrial countries.

Our exposure to foreign currency exchange risks generally arises from our non-U.S. operations, to the extent they are conducted in local currency. Changes in foreign currency exchange rates affect translations of revenues denominated in currencies other than the U.S. Dollar. Our international operations generated approximately $314.4 million in revenues during the three months ended March 31, 2014, of which approximately $274.3 million was denominated in currencies other than the U.S. Dollar. The major currencies to which our revenues are exposed are the Brazilian Real, the Euro, the British Pound Sterling and the Indian Rupee. A 10% move in average exchange rates for these currencies (assuming a simultaneous and immediate 10% change in all of such rates for the relevant period) would have resulted in the following increase or (decrease) in our reported revenues for the three months ended March 31, 2014 and 2013 (in millions):

	Three months ended March 31,
Currency	2014		2013
Real	$	9.4	$	10.5
Euro	7.3		6.2
Pound Sterling	6.6		4.5
Indian Rupee	1.5		1.2
Total increase (decrease)	$	24.8	$	22.4

The impact on earnings of the foregoing assumed 10% change in each of the periods presented would not have been significant. Our international operations' revenues and expenses are generally denominated in local currency, which limits the majority of our economic exposure to foreign exchange risk in those jurisdictions.

Revenue included $15.7 million and operating income included $3.3 million of unfavorable foreign currency impact during the three months ended March 31, 2014 resulting from a stronger U.S. Dollar in 2014 as compared to 2013.

     Our foreign exchange risk management policy permits the use of derivative instruments, such as forward contracts and options, to reduce volatility in our results of operations and/or cash flows resulting from foreign exchange rate fluctuations. We do not enter into foreign currency derivative instruments for trading purposes. We do periodically enter into foreign currency forward exchange contracts to hedge foreign currency exposure to intercompany loans. As of March 31, 2014, the notional amount of these derivatives was immaterial. These derivatives are intended to hedge the foreign exchange risks related to intercompany loans but have not been designated as hedges for accounting purposes.

Item 4. Controls and Procedures

As of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation of our principal executive officer and principal financial officer, of the effectiveness of the design and operation of our disclosure controls and procedures, as such term is defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”). Based on this evaluation, our principal executive officer and principal financial officer concluded that the disclosure controls and procedures were effective to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is: (a) recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms; and (b) accumulated and communicated to management, including our principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

28

There were no changes in our internal control over financial reporting that occurred during the most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Part II: OTHER INFORMATION

Item 1. Legal Proceedings

In the ordinary course of business, the Company is involved in various pending and threatened litigation matters related to operations, some of which include claims for punitive or exemplary damages. The Company believes that no actions, other than the matters listed below, depart from customary litigation incidental to its business. As background to the disclosure below, please note the following:

• These matters raise difficult and complicated factual and legal issues and are subject to many uncertainties and complexities.

• The Company reviews all of its litigation on an on-going basis and follows the authoritative provisions for accounting for contingencies when making accrual and disclosure decisions. A liability must be accrued if (a) it is probable that a liability has been incurred and (b) the amount of loss can be reasonably estimated. If one of these criteria has not been met, disclosure is required when there is at least a reasonable possibility that a material loss may be incurred. When assessing reasonably possible and probable outcomes, the Company bases decisions on the assessment of the ultimate outcome following all appeals. Legal fees associated with defending litigation matters are expensed as incurred.

CheckFree Corporation and CashEdge, Inc. v. Metavante Corporation and Fidelity National Information Services, Inc.

This is a patent infringement action that was filed by CheckFree Corporation and CashEdge, Inc., subsidiaries of Fiserv, Inc., against Fidelity National Information Services, Inc. and our subsidiary, Metavante Corporation (collectively the “Defendants”) in the U.S. District Court for the Middle District of Florida, Jacksonville Division on January 5, 2012. The complaint seeks damages, injunctive relief and attorneys' fees for the alleged infringement of three patents. Plaintiffs allege that the Defendants infringe the patents at issue by providing customers financial and payment solutions that process payment instructions, provide electronic biller notifications, and/or process account-to-account funds transfer transactions and have requested financial damages and injunctive relief. Defendants filed their Answer and Counterclaims to Plaintiffs' complaint for patent infringement denying the claims of patent infringement and asserting defenses, including non-infringement and invalidity. Additionally, Defendants filed counterclaims asserting patent infringement of three patents and adding Fiserv, Inc. as a Counter Defendant. Defendants seek damages, injunctive relief and attorneys' fees. Plaintiffs and Counter Defendant Fiserv, Inc., filed their Answer to Defendants' counterclaims denying the claims of patent infringement and asserting defenses, including non-infringement and invalidity. In the fourth quarter of 2012, the Court granted Plaintiffs' Motion to Amend its First Amended Complaint to add a fourth patent and Defendants' Motion to Amend its First Amended Answer and Counterclaims. Defendants filed a Motion for Summary Judgment seeking an order invalidating all of the Plaintiffs' asserted patents. Plaintiffs filed a Motion for Summary Judgment seeking to invalidate select patent claims from one of Defendants' asserted patents.   On June 24, 2013, Defendants filed for covered business method (“CBM”) post-grant reviews of the validity of the Plaintiff's asserted patents at the US Patent and Trademark Office.  On June 25, 2013, Defendants filed a Motion to Stay the case pending the outcome of the CBM post-grant reviews.  The Court denied Plaintiffs' Motion for Summary Judgment. On December 23, 2013, the US Patent Office instituted Defendants’ CBM Petitions, thereby agreeing to review the validity of Plaintiff's patents. Additionally, on January 17, 2014, the Court granted Defendants’ Motion to Stay the litigation pending the outcome of the CBM review proceedings. An estimate of a possible loss or range of possible loss, if any, for this litigation cannot be made at this time.

DataTreasury Corporation v. Fidelity National Information Services, Inc. et. al.

This patent infringement lawsuit was filed on May 28, 2013 by DataTreasury Corporation (“DTC”) against Fidelity National Information Services, Inc. (the “Company”) and multiple customer banks in the US District Court for the Eastern District of Texas, Marshall Division.  Plaintiff alleges that the Company infringes the patents at issue by making, using, selling or offering to sell systems and methods for image-based check processing. The Complaint seeks damages, injunctive relief and attorneys' fees for the alleged infringement of two patents.  On October 25, 2013, the Company filed for covered business method (“CBM”) post-grant reviews of the validity of the Plaintiff's asserted patents at the US Patent and Trademark Office ("USPTO").  On December 18, 2013, the Company filed a Motion to Stay the case pending the outcome of the CBM post-grant reviews.  On April 4, 2014, the Company filed an Emergency Motion to Stay the case pending the Court's ruling on the underlying Motion to Stay in order to obtain relief from the aggressive schedule imposed by the Court. On April 29, 2014, the

29

USPTO instituted the Company's two CBM petitions. The trial is currently scheduled for April 13, 2015. An estimate of a possible loss or range of possible loss, if any, for this action cannot be made at this time.

Indemnifications and Warranties

The Company generally indemnifies its customers, 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, and 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.

Item 1A. Risk Factors

There have been no material changes in the Risk Factors described in our Annual Report on Form 10-K for the year ended December 31, 2013.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table summarizes purchases of equity securities by the issuer during the three-month period ended March 31, 2014:

						Approximate dollar
						value of shares that
				Total cost of shares		may yet be
				purchased as part of		purchased under
	Total number of			publicly announced		the plans or
	shares purchased	Average price		plans or programs		programs (1)
Period	(in millions)	paid per share		(in millions)		(in millions)
February 2014	1.7	$	53.93	$	90.2	$	1,909.8
March 2014	1.5	$	54.70	84.8		$	1,825.0
	3.2	$	54.31	$	175.0

(1) On January 29, 2014 our Board of Directors approved a plan authorizing repurchases of up to $2.0 billion of our outstanding common stock in the open market at prevailing market prices or in privately negotiated transactions through December 31, 2017. This share repurchase authorization replaced any existing share repurchase authorization plan. Approximately $1,825.0 million of plan capacity remained available for repurchases as of March 31, 2014.

Item 6. Exhibits

(a) Exhibits:

30

Exhibit
No.	Description
31.1	Certification of Frank R. Martire, Chairman of the Board and Chief Executive Officer of Fidelity National Information Services, Inc., pursuant to rule 13a-14(a) or 15d-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of James W. Woodall, Corporate Executive Vice President and Chief Financial Officer of Fidelity National Information Services, Inc., pursuant to rule 13a-14(a) or 15d-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1	Certification of Frank R. Martire, Chairman of the Board and Chief Executive Officer of Fidelity National Information Services, Inc., pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	Certification of James W. Woodall, Corporate Executive Vice President and Chief Financial Officer of Fidelity National Information Services, Inc., pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS	XBRL Instance Document.
101.SCH	XBRL Taxonomy Extension Schema Document.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB	XBRL Taxonomy Extension Label Linkbase Document.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document.

31

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	FIDELITY NATIONAL INFORMATION SERVICES, INC.
Date: May 7, 2014	By:	/s/ JAMES W. WOODALL
		James W. Woodall
		Corporate Executive Vice President and Chief Financial Officer (Principal Financial Officer )

	FIDELITY NATIONAL INFORMATION SERVICES, INC.
Date: May 7, 2014	By:	/s/ PETER J.S. SMITH
		Peter J.S. Smith
		Corporate Senior Vice President and Chief Accounting Officer (Principal Accounting Officer)

32

FIDELITY NATIONAL INFORMATION SERVICES, INC.

FORM 10-Q

INDEX TO EXHIBITS

The following documents are being filed with this Report:

Exhibit
No.	Description
31.1	Certification of Frank R. Martire, Chairman of the Board and Chief Executive Officer of Fidelity National Information Services, Inc., pursuant to rule 13a-14(a) or 15d-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of James W. Woodall, Corporate Executive Vice President and Chief Financial Officer of Fidelity National Information Services, Inc., pursuant to rule 13a-14(a) or 15d-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1	Certification of Frank R. Martire, Chairman of the Board and Chief Executive Officer of Fidelity National Information Services, Inc., pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	Certification of James W. Woodall, Corporate Executive Vice President and Chief Financial Officer of Fidelity National Information Services, Inc., pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS	XBRL Instance Document.
101.SCH	XBRL Taxonomy Extension Schema Document.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB	XBRL Taxonomy Extension Label Linkbase Document.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document.

33

EX-31.1

Exhibit 31.1

CERTIFICATIONS

I, Frank R. Martire, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Fidelity National Information Services, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	May 7, 2014	By:	/s/ Frank R. Martire
			Frank R. Martire
			Chairman of the Board and Chief Executive Officer

EX-31.2

Exhibit 31.2

CERTIFICATIONS

I, James W. Woodall, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Fidelity National Information Services, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	May 7, 2014	By:	/s/ JAMES W. WOODALL
			James W. Woodall
			Corporate Executive Vice President and Chief Financial Officer
			(Principal Financial Officer)

EX-32.1

Exhibit 32.1

CERTIFICATION OF PERIODIC FINANCIAL REPORTS PURSUANT TO 18 U.S.C. §1350

     The undersigned hereby certifies that he is the duly appointed and acting Chief Executive Officer of Fidelity National Information Services, Inc., a Georgia corporation (the “Company”), and hereby further certifies as follows.

1. The periodic report containing financial statements to which this certificate is an exhibit fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934.

2. The information contained in the periodic report to which this certificate is an exhibit fairly presents, in all material respects, the financial condition and results of operations of the Company.

     In witness whereof, the undersigned has executed and delivered this certificate as of the date set forth opposite his signature below.

Date:	May 7, 2014	By:	/s/ Frank R. Martire
			Frank R. Martire
			Chairman of the Board and Chief Executive Officer

EX-32.2

Exhibit 32.2

CERTIFICATION OF PERIODIC FINANCIAL REPORTS PURSUANT TO 18 U.S.C. §1350

     The undersigned hereby certifies that he is the duly appointed and acting Chief Financial Officer of Fidelity National Information Services, Inc., a Georgia corporation (the “Company”), and hereby further certifies as follows.

1. The periodic report containing financial statements to which this certificate is an exhibit fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934.

2. The information contained in the periodic report to which this certificate is an exhibit fairly presents, in all material respects, the financial condition and results of operations of the Company.

     In witness whereof, the undersigned has executed and delivered this certificate as of the date set forth opposite his signature below.

Date:	May 7, 2014	By:	/s/ JAMES W. WOODALL
			James W. Woodall
			Corporate Executive Vice President and Chief Financial Officer
			(Principal Financial Officer)

XML

Long-Term Debt (Details 3) (Interest rate swap contracts, USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Accounts payable and accrued liabilities
Fair value of derivative instruments
Derivative liabilities designated as hedging instruments	$ 1.7	$ 2.5
Other long-term liabilities
Fair value of derivative instruments
Derivative liabilities designated as hedging instruments	$ 2.2	$ 1.9

XML

Schedule of Shares Repurchased - Schedule of Repurchases (Details) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
Amounts attributable to common stockholders Abstract [Abstract]
Stock Repurchased During Period, Shares	3.2	2.5	2.7	2.8	2.7
Treasury Stock Acquired, Average Cost Per Share	$ 54.31	$ 50.73	$ 46.69	$ 44.25	$ 37.17
Stock Repurchased During Period, Value	$ 175.0	$ 125.7	$ 124.9	$ 125.0	$ 100.4

XML

Stock Purchase Right (Details Textuals) (USD $) In Millions, unless otherwise specified	May 23, 2013	Mar. 06, 2013
Stock Purchase Right (Details) [Abstract]
Shares sold In secondary public offering by third party ownership group		19.3
Payment in settlement of stock purchase right	$ 4.9

XML

Changes in Accumulated Other Comprehensive Earnings (Losses) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Net of Tax Beginning Balance	$ (9.9)
Accumulated Other Comprehensive Income (Loss), Net of Tax Ending Balance	3.2
Interest expense, net	(41.1)	(51.7)
Provision for income taxes	80.6	75.2
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Net of Tax Beginning Balance	(2.4)
Other comprehensive gain/(loss) before reclassifications	(0.6)
Amounts reclassified from AOCE	1.0
Net current period AOCE attributable to FIS	0.4
Accumulated Other Comprehensive Income (Loss), Net of Tax Ending Balance	(2.0)
Accumulated Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Net of Tax Beginning Balance	(3.0)
Other comprehensive gain/(loss) before reclassifications	12.7
Amounts reclassified from AOCE	0
Net current period AOCE attributable to FIS	12.7
Accumulated Other Comprehensive Income (Loss), Net of Tax Ending Balance	9.7
Provision for income taxes	(0.1)	0.2
Accumulated Other Comprehensive Income Other [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Net of Tax Beginning Balance	(4.5)
Other comprehensive gain/(loss) before reclassifications	0
Amounts reclassified from AOCE	0
Net current period AOCE attributable to FIS	0
Accumulated Other Comprehensive Income (Loss), Net of Tax Ending Balance	(4.5)
Provision for income taxes	0	0.4
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Net of Tax Beginning Balance	(9.9)
Other comprehensive gain/(loss) before reclassifications	12.1
Amounts reclassified from AOCE	1.0
Net current period AOCE attributable to FIS	13.1
Accumulated Other Comprehensive Income (Loss), Net of Tax Ending Balance	3.2
Provision for income taxes	0.2	0.8
Reclassification out of Accumulated Other Comprehensive Income [Member] | Interest Rate Contract [Member] | Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Interest expense, net	1.6
Provision for income taxes	$ 0.6

XML

Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2014

Debt Disclosure [Abstract]

Long Term Debts

Long-term debt as of March 31, 2014 and December 31, 2013, consisted of the following (in millions):

	March 31, 2014			December 31, 2013
Term Loans A-4, quarterly principal amortization (1)	1,862.5			1,962.5
Senior Notes due 2018, interest payable semi-annually at 2.000%	250.0			250.0
Senior Notes due 2020, interest payable semi-annually at 7.875%	500.0			500.0
Senior Notes due 2022, interest payable semi-annually at 5.000%	700.0			700.0
Senior Notes due 2023, interest payable semi-annually at 3.500%	1,000.0			1,000.0
Revolving Loan (2)	443.0			29.0
Other	23.1			27.1
	4,778.6			4,468.6
Current portion	(49.7		)	(128.8		)
Long-term debt, excluding current portion	$	4,728.9		$	4,339.8

__________________________________________

(1) Interest on the Term Loans A-4 is generally payable at LIBOR plus an applicable margin of up to 2.00% based upon the Company's corporate credit ratings and the ratings on the FIS Credit Agreement. As of March 31, 2014, the weighted average interest rate on the Term Loans A-4 was 1.40%.

(2) Interest on the Revolving Loan is generally payable at LIBOR plus an applicable margin of up to 2.00% plus an unused commitment fee of up to 0.35%, each based upon the Company's corporate credit ratings and the ratings on the FIS Credit Agreement. As of March 31, 2014, the applicable margin on the Revolving Loan, excluding facility fees and unused commitment fees, was 1.25%.

Principal maturities of long-term debt

The following table summarizes the mandatory principal payments pursuant to the FIS Credit Agreement and the senior notes' indentures as of March 31, 2014 (in millions). There are no mandatory principal payments on the Revolving Loan and any balance outstanding on the Revolving Loan will be due and payable at its scheduled maturity date:

	Term Loan		2018		2020		2022		2023
	A-4		Notes		Notes		Notes		Notes		Total
2014	$	—	$	—	$	—	$	—	$	—	$	—
2015	100.0		—		—		—		—		100.0
2016	100.0		—		—		—		—		100.0
2017	1,662.5		—		—		—		—		1,662.5
2018	—		250.0		—		—		—		250.0
Thereafter	—		—		500.0		700.0		1,000.0		2,200.0
Total	$	1,862.5	$	250.0	$	500.0	$	700.0	$	1,000.0	$	4,312.5

Interest rate swap

As of March 31, 2014, we have entered into the following interest rate swap transactions converting a portion of the interest rate exposure on our Term and Revolving Loans from variable to fixed (in millions):

Effective date	Termination date	Notional amount		Bank pays variable rate of	FIS pays  fixed rate of
September 1, 2011	September 1, 2014	$	150.0	1 Month LIBOR (1)	0.74	%	(2)
September 1, 2011	September 1, 2014	150.0		1 Month LIBOR (1)	0.74	%	(2)
September 1, 2011	September 1, 2014	300.0		1 Month LIBOR (1)	0.72	%	(2)
July 1, 2012	July 1, 2015	300.0		1 Month LIBOR (1)	0.58	%	(2)
February 3, 2014	February 1, 2017	400.0		1 Month LIBOR (1)	0.89	%	(2)
		$	1,300.0

___________________________________

(1) 0.15% in effect as of March 31, 2014.

(2) Does not include the applicable margin and facility fees paid to lenders on the Term Loans and Revolving Loan as described above.

Fair value of derivative instruments

A summary of the fair value of the Company’s derivative instruments as of March 31, 2014 and December 31, 2013, is as follows (in millions):

	March 31, 2014			December 31, 2013
	Balance sheet location	Fair value		Balance sheet location	Fair value
Interest rate swap contracts	Accounts payable and accrued liabilities	$	1.7	Accounts payable and accrued liabilities	$	2.5
Interest rate swap contracts	Other long-term liabilities	$	2.2	Other long-term liabilities	$	1.9

Effect of derivative instruments on the Company's Condensed Consolidated Statements of Earnings

A summary of the effect of derivative instruments on the Company’s Condensed Consolidated Statements of Comprehensive Earnings (Unaudited) and recognized in AOCE for the three months ended March 31, 2014 and 2013 is as follows (in millions):

	Amount of gain (loss) recognized in AOCE on derivatives						Amount of loss reclassified from AOCE into income
Derivatives in cash	Three months ended					Location of loss	Three months ended
flow hedging	March 31,					reclassified from	March 31,
relationships	2014			2013		AOCE into income	2014			2013
Interest rate swap contracts	$	(1.1	)	$	—	Interest expense	$	(1.6	)	$	(1.7	)

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Acquisitions (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		1 Months Ended	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2013 mFoundry [Member]	Dec. 31, 2013 mFoundry [Member]
Business Acquisition [Line Items]
Cost of acquired entity	$ 0	$ 115.0	$ 115.0
Gain on mFoundry acquisition	$ 0	$ 9.2		$ 9.2

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Supplemental Guarantor Financial Information Balance Sheet (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012
Condensed Financial Statements, Captions [Line Items]
Guarantor subsidiary, ownership percentage	100.00%
Current assets:
Cash and cash equivalents	$ 737.7	$ 547.5	$ 590.6	$ 517.6
Settlement deposits	444.7	327.4
Trade receivables, net	987.9	987.9
Investment in subsidiaries, intercompany and receivables from related parties	34.9	35.8
Other current assets	483.1	453.3
Total current assets	2,688.3	2,351.9
Property and equipment, net	449.2	439.0
Goodwill	8,500.0	8,500.0	8,487.2
Intangible assets, net	1,288.0	1,339.3
Computer software, net	861.1	856.5
Other noncurrent assets	484.3	473.4
Total assets	14,270.9	13,960.1
Current liabilities:
Accounts payable and accrued liabilities	653.2	768.0
Settlement payables	717.0	518.6
Current portion of long-term debt	49.7	128.8
Deferred revenues	270.1	243.6
Other current liabilities	14.4	13.7
Total current liabilities	1,704.4	1,672.7
Deferred income taxes	810.7	823.6
Long-term debt, excluding current portion	4,728.9	4,339.8
Other long-term liabilities	324.5	386.7
Total liabilities	7,568.5	7,222.8
Total equity	6,702.4	6,737.3
Total liabilities and equity	14,270.9	13,960.1
FIS [Member]
Current assets:
Cash and cash equivalents	23.1	21.5
Settlement deposits	0	0
Trade receivables, net	0	0
Investment in subsidiaries, intercompany and receivables from related parties	9,532.1	9,305.8
Other current assets	11.0	38.1
Total current assets	9,566.2	9,365.4
Property and equipment, net	6.0	6.5
Goodwill	0	0
Intangible assets, net	0	0
Computer software, net	39.3	36.4
Other noncurrent assets	61.0	63.6
Total assets	9,672.5	9,471.9
Current liabilities:
Accounts payable and accrued liabilities	103.8	184.7
Settlement payables	0	0
Current portion of long-term debt	39.1	114.1
Deferred revenues	0	0
Other current liabilities	0	0
Total current liabilities	142.9	298.8
Deferred income taxes	0	0
Long-term debt, excluding current portion	4,722.4	4,333.2
Other long-term liabilities	4.8	2.8
Total liabilities	4,870.1	4,634.8
Total equity	4,802.4	4,837.1
Total liabilities and equity	9,672.5	9,471.9
Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	269.3	172.4
Settlement deposits	444.7	327.4
Trade receivables, net	717.7	709.4
Investment in subsidiaries, intercompany and receivables from related parties	11,037.9	10,846.7
Other current assets	253.8	289.4
Total current assets	12,723.4	12,345.3
Property and equipment, net	326.4	329.3
Goodwill	7,212.7	7,212.7
Intangible assets, net	943.7	993.2
Computer software, net	656.2	656.5
Other noncurrent assets	306.2	294.5
Total assets	22,168.6	21,831.5
Current liabilities:
Accounts payable and accrued liabilities	216.4	229.2
Settlement payables	550.6	453.0
Current portion of long-term debt	10.0	13.3
Deferred revenues	192.1	172.4
Other current liabilities	0	0
Total current liabilities	969.1	867.9
Deferred income taxes	767.6	778.8
Long-term debt, excluding current portion	6.2	6.3
Other long-term liabilities	98.0	98.8
Total liabilities	1,840.9	1,751.8
Total equity	20,327.7	20,079.7
Total liabilities and equity	22,168.6	21,831.5
Non-Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	445.3	353.6
Settlement deposits	0	0
Trade receivables, net	270.2	278.5
Investment in subsidiaries, intercompany and receivables from related parties	945.3	1,083.5
Other current assets	218.3	125.8
Total current assets	1,879.1	1,841.4
Property and equipment, net	116.8	103.2
Goodwill	1,287.3	1,287.3
Intangible assets, net	344.3	346.1
Computer software, net	165.6	163.6
Other noncurrent assets	117.1	115.3
Total assets	3,910.2	3,856.9
Current liabilities:
Accounts payable and accrued liabilities	333.0	354.1
Settlement payables	166.4	65.6
Current portion of long-term debt	0.6	1.4
Deferred revenues	78.0	71.2
Other current liabilities	14.4	13.7
Total current liabilities	592.4	506.0
Deferred income taxes	43.1	44.8
Long-term debt, excluding current portion	0.3	0.3
Other long-term liabilities	221.7	285.1
Total liabilities	857.5	836.2
Total equity	3,052.7	3,020.7
Total liabilities and equity	3,910.2	3,856.9
Eliminations [Member]
Current assets:
Cash and cash equivalents	0	0
Settlement deposits	0	0
Trade receivables, net	0	0
Investment in subsidiaries, intercompany and receivables from related parties	(21,480.4)	(21,200.2)
Other current assets	0	0
Total current assets	(21,480.4)	(21,200.2)
Property and equipment, net	0	0
Goodwill	0	0
Intangible assets, net	0	0
Computer software, net	0	0
Other noncurrent assets	0	0
Total assets	(21,480.4)	(21,200.2)
Current liabilities:
Accounts payable and accrued liabilities	0	0
Settlement payables	0	0
Current portion of long-term debt	0	0
Deferred revenues	0	0
Other current liabilities	0	0
Total current liabilities	0	0
Deferred income taxes	0	0
Long-term debt, excluding current portion	0	0
Other long-term liabilities	0	0
Total liabilities	0	0
Total equity	(21,480.4)	(21,200.2)
Total liabilities and equity	$ (21,480.4)	$ (21,200.2)

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Long-Term Debt (Details 1) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Principal maturities of long-term debt
Total	$ 4,778,600,000	$ 4,468,600,000
Term Loans A-4
Principal maturities of long-term debt
2014	0
2015	100,000,000
2016	100,000,000
2017	1,662,500,000
2018	0
Thereafter	0
Total	1,862,500,000
Senior Notes due 2018, interest payable semi-annually at 2.000%
Principal maturities of long-term debt
2014	0
2015	0
2016	0
2017	0
2018	250,000,000
Thereafter	0
Total	250,000,000
Senior Notes due 2020, interest payable semi-annually at 7.875%
Principal maturities of long-term debt
2014	0
2015	0
2016	0
2017	0
2018	0
Thereafter	500,000,000
Total	500,000,000
Senior Notes due 2022, interest payable semi-annually at 5.000%
Principal maturities of long-term debt
2014	0
2015	0
2016	0
2017	0
2018	0
Thereafter	700,000,000
Total	700,000,000
Senior Notes due 2023, interest payable semi-annually at 3.500%
Principal maturities of long-term debt
2014	0
2015	0
2016	0
2017	0
2018	0
Thereafter	1,000,000,000
Total	1,000,000,000
FIS Credit Agreements
Principal maturities of long-term debt
2014	0
2015	100,000,000
2016	100,000,000
2017	1,662,500,000
2018	250,000,000
Thereafter	2,200,000,000
Total	$ 4,312,500,000

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Share Repurchase Program (Details) (Employee Stock Purchase Plan - 2014 Plan [Member], USD $)	0 Months Ended	3 Months Ended
	Jan. 29, 2014	Mar. 31, 2014
Employee Stock Purchase Plan - 2014 Plan [Member]
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Authorized Amount	$ 2,000,000,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount		$ 1,825,000,000

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Basis of Presentation

3 Months Ended

Mar. 31, 2014

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, 2013. The preparation of these Condensed Consolidated Financial Statements (Unaudited) 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 at the date of the Condensed Consolidated Financial Statements (Unaudited) and the reported amounts of revenues and expenses during the reported periods. Actual results could differ from those estimates. Certain reclassifications have been made in the 2013 Condensed Consolidated Financial Statements (Unaudited) to conform to the classifications used in 2014.

We report the results of our operations in four reporting segments: 1) Financial Solutions Group (“FSG”), 2) Payment Solutions Group (“PSG”), 3) International Solutions Group (“ISG”) and 4) Corporate and Other (Note 12).

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Supplemental Guarantor Financial Information Income Statement (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Condensed Consolidating Statement of Earnings
Processing and services revenues	$ 1,520.3	$ 1,478.0
Operating expenses	1,236.6	1,202.9
Operating income	283.7	275.1
Other income (expense):
Interest expense, net	(41.1)	(51.7)
Other income (expense)	(0.5)	5.1
Net earnings (loss) of equity affiliates	0	0
Total other income (expense)	(41.6)	(46.6)
Earnings from continuing operations before income taxes	242.1	228.5
Provision for income taxes	80.6	75.2
Earnings from continuing operations, net of tax	161.5	153.3
Earnings (loss) from discontinued operations, net of tax	(0.4)	(3.9)
Net earnings	161.1	149.4
Net (earnings) loss attributable to noncontrolling interest	(6.6)	(5.3)
Net earnings attributable to FIS common stockholders	154.5	144.1
Comprehensive earnings (loss) attributable to FIS	167.6	135.1
FIS [Member]
Condensed Consolidating Statement of Earnings
Processing and services revenues	0	0
Operating expenses	47.3	61.5
Operating income	(47.3)	(61.5)
Other income (expense):
Interest expense, net	(42.8)	(50.2)
Other income (expense)	(0.3)	9.6
Net earnings (loss) of equity affiliates	220.6	222.3
Total other income (expense)	177.5	181.7
Earnings from continuing operations before income taxes	130.2	120.2
Provision for income taxes	(31.3)	(33.1)
Earnings from continuing operations, net of tax	161.5	153.3
Earnings (loss) from discontinued operations, net of tax	(0.4)	(3.9)
Net earnings	161.1	149.4
Net (earnings) loss attributable to noncontrolling interest	(6.6)	(5.3)
Net earnings attributable to FIS common stockholders	154.5	144.1
Comprehensive earnings (loss) attributable to FIS	167.6	135.1
Guarantor Subsidiaries [Member]
Condensed Consolidating Statement of Earnings
Processing and services revenues	1,174.5	1,159.4
Operating expenses	895.3	866.4
Operating income	279.2	293.0
Other income (expense):
Interest expense, net	(0.6)	(0.4)
Other income (expense)	(0.4)	0.1
Net earnings (loss) of equity affiliates	0	0
Total other income (expense)	(1.0)	(0.3)
Earnings from continuing operations before income taxes	278.2	292.7
Provision for income taxes	96.5	94.9
Earnings from continuing operations, net of tax	181.7	197.8
Earnings (loss) from discontinued operations, net of tax	0	0.1
Net earnings	181.7	197.9
Net (earnings) loss attributable to noncontrolling interest	0.1	0.2
Net earnings attributable to FIS common stockholders	181.8	198.1
Comprehensive earnings (loss) attributable to FIS	181.6	198.5
Non-Guarantor Subsidiaries [Member]
Condensed Consolidating Statement of Earnings
Processing and services revenues	345.8	318.6
Operating expenses	294.0	275.0
Operating income	51.8	43.6
Other income (expense):
Interest expense, net	2.3	(1.1)
Other income (expense)	0.2	(4.6)
Net earnings (loss) of equity affiliates	0	0
Total other income (expense)	2.5	(5.7)
Earnings from continuing operations before income taxes	54.3	37.9
Provision for income taxes	15.4	13.4
Earnings from continuing operations, net of tax	38.9	24.5
Earnings (loss) from discontinued operations, net of tax	(0.4)	(4.0)
Net earnings	38.5	20.5
Net (earnings) loss attributable to noncontrolling interest	(6.7)	(5.5)
Net earnings attributable to FIS common stockholders	31.8	15.0
Comprehensive earnings (loss) attributable to FIS	43.7	6.4
Eliminations [Member]
Condensed Consolidating Statement of Earnings
Processing and services revenues	0	0
Operating expenses	0	0
Operating income	0	0
Other income (expense):
Interest expense, net	0	0
Other income (expense)	0	0
Net earnings (loss) of equity affiliates	(220.6)	(222.3)
Total other income (expense)	(220.6)	(222.3)
Earnings from continuing operations before income taxes	(220.6)	(222.3)
Provision for income taxes	0	0
Earnings from continuing operations, net of tax	(220.6)	(222.3)
Earnings (loss) from discontinued operations, net of tax	0.4	3.9
Net earnings	(220.2)	(218.4)
Net (earnings) loss attributable to noncontrolling interest	6.6	5.3
Net earnings attributable to FIS common stockholders	(213.6)	(213.1)
Comprehensive earnings (loss) attributable to FIS	$ (225.3)	$ (204.9)

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Related Party Transactions Textuals (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Related Party Transaction [Line Items]
Ownership percentage of the Brazilian venture (as a percent)	51.00%
Banco Bradesco Brazilian Venture [Member]
Related Party Transaction [Line Items]
Revenues from related parties	$ 67.0	$ 75.1

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Segment Information (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Segment Information

Summarized financial information for the Company’s segments is shown in the following tables.

As of and for the three months ended March 31, 2014 (in millions):

	FSG		PSG		ISG		Corporate and Other			Total
Processing and services revenues	$	586.8	$	619.5	$	314.4	$	(0.4	)	$	1,520.3
Operating expenses	399.8		384.0		275.0		177.8			1,236.6
Operating income	$	187.0	$	235.5	$	39.4	$	(178.2	)	283.7
Other income (expense) unallocated										(41.6		)
Income from continuing operations before income taxes										$	242.1
Depreciation and amortization	$	39.9	$	19.9	$	19.6	$	73.2		$	152.6
Capital expenditures (1)	$	41.2	$	19.3	$	24.0	$	5.8		$	90.3
Total assets (2)	$	5,471.1	$	5,232.6	$	2,174.4	$	1,390.1		$	14,268.2
Goodwill	$	4,064.7	$	3,833.1	$	602.2	$	—		$	8,500.0

As of and for the three months ended March 31, 2013 (in millions):

	FSG		PSG		ISG		Corporate and Other			Total
Processing and services revenues	$	575.3	$	611.8	$	291.6	$	(0.7	)	$	1,478.0
Operating expenses	386.9		373.3		251.3		191.4			1,202.9
Operating income	$	188.4	$	238.5	$	40.3	$	(192.1	)	275.1
Other income (expense) unallocated										(46.6		)
Income from continuing operations before income taxes										$	228.5
Depreciation and amortization	$	39.2	$	19.8	$	18.8	$	75.4		$	153.2
Capital expenditures (1)	$	40.6	$	14.4	$	17.4	$	3.0		$	75.4
Total assets (2)	$	5,433.2	$	4,715.4	$	1,925.8	$	1,622.4		$	13,696.8
Goodwill	$	4,058.0	$	3,833.1	$	596.1	$	—		$	8,487.2

(1) Capital expenditures for the three months ended March 31, 2014 and 2013 include $0.4 million and $1.7 million, respectively of capital leases.

(2) Total assets as of March 31, 2014 and 2013 exclude $2.7 million and $2.4 million related to discontinued operations.

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Supplemental Guarantor Financial Information Cash Flows (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Condensed Consolidating Statements of Cash Flows
Cash flows from operating activities	$ 222.6	$ 207.5
Cash flows from investing activities	(81.4)	(195.7)
Cash flows from financing activities	42.4	68.2
Effect of foreign currency exchange rate changes on cash	6.6	(7.0)
Net increase in cash and cash equivalents	190.2	73.0
FIS [Member]
Condensed Consolidating Statements of Cash Flows
Cash flows from operating activities	(52.6)	(48.8)
Cash flows from investing activities	1.4	(0.1)
Cash flows from financing activities	52.8	38.8
Effect of foreign currency exchange rate changes on cash	0	0
Net increase in cash and cash equivalents	1.6	(10.1)
Guarantor Subsidiaries [Member]
Condensed Consolidating Statements of Cash Flows
Cash flows from operating activities	284.2	227.8
Cash flows from investing activities	(58.6)	(61.1)
Cash flows from financing activities	(128.7)	(194.6)
Effect of foreign currency exchange rate changes on cash	0	0
Net increase in cash and cash equivalents	96.9	(27.9)
Non-Guarantor Subsidiaries [Member]
Condensed Consolidating Statements of Cash Flows
Cash flows from operating activities	(3.2)	16.4
Cash flows from investing activities	(24.2)	(134.5)
Cash flows from financing activities	112.5	236.1
Effect of foreign currency exchange rate changes on cash	6.6	(7.0)
Net increase in cash and cash equivalents	91.7	111.0
Eliminations [Member]
Condensed Consolidating Statements of Cash Flows
Cash flows from operating activities	(5.8)	12.1
Cash flows from investing activities	0	0
Cash flows from financing activities	5.8	(12.1)
Effect of foreign currency exchange rate changes on cash	0	0
Net increase in cash and cash equivalents	$ 0	$ 0

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Unaudited Net Earnings per Share (Details) (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Earnings Per Share [Abstract]
Earnings from continuing operations attributable to FIS, net of tax	$ 154.9		$ 148.0
Earnings (loss) from discontinued operations attributable to FIS, net of tax	(0.4)		(3.9)
Net earnings attributable to FIS common stockholders	$ 154.5		$ 144.1
Weighted average shares outstanding — basic	288.0		291.0
Plus: Common stock equivalent shares	3.9		4.5
Weighted average shares outstanding — diluted	291.9		295.5
Net earnings per share — basic from continuing operations attributable to FIS common stockholders	$ 0.54		$ 0.51
Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders	$ 0.00		$ (0.01)
Net earnings per share — basic attributable to FIS common stockholders	$ 0.54	[1]	$ 0.50	[1]
Net earnings per share — diluted from continuing operations attributable to FIS common stockholders	$ 0.53		$ 0.50
Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders	$ 0.00		$ (0.01)
Net earnings per share — diluted attributable to FIS common stockholders	$ 0.53	[1]	$ 0.49	[1]

[1] * Amounts may not sum due to rounding.

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Unaudited Net Earnings per Share Unaudited Net Earnings per Share Textuals (Details) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share	4.1	1.7

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Condensed Consolidated Statements of Cash Flows (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:
Net earnings	$ 161.1	$ 149.4
Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	152.6	153.2
Amortization of debt issue costs	2.6	2.8
Gain on mFoundry acquisition	0	(9.2)
Stock-based compensation	13.3	13.2
Deferred income taxes	(6.7)	(15.4)
Excess income tax benefit from exercise of stock options	(8.5)	(4.0)
Other operating activities	(0.6)	0
Net changes in assets and liabilities, net of effects from acquisitions and foreign currency:
Trade receivables	15.3	(12.0)
Settlement activity	2.5	(13.9)
Prepaid expenses and other assets	(13.0)	(35.1)
Deferred contract costs	(16.6)	(19.7)
Deferred revenue	25.9	(8.3)
Accounts payable, accrued liabilities, and other liabilities	(105.3)	6.5
Net cash provided by operating activities	222.6	207.5
Cash flows from investing activities:
Additions to property and equipment	(37.9)	(31.0)
Additions to computer software	(52.0)	(42.7)
Acquisitions, net of cash acquired, and equity investments	0	(115.0)
Other investing activities, net	8.5	(7.0)
Net cash used in investing activities	(81.4)	(195.7)
Cash flows from financing activities:
Borrowings	1,839.0	2,206.3
Repayment of borrowings	(1,529.6)	(1,990.1)
Excess income tax benefit from exercise of stock options	8.5	4.0
Proceeds from exercise of stock options	12.8	18.8
Treasury stock activity	(203.1)	(105.3)
Dividends paid	(69.5)	(64.8)
Other financing activities, net	(15.7)	(0.7)
Net cash provided by financing activities	42.4	68.2
Effect of foreign currency exchange rate changes on cash	6.6	(7.0)
Net increase in cash and cash equivalents	190.2	73.0
Cash and cash equivalents, beginning of period	547.5	517.6
Cash and cash equivalents, end of period	737.7	590.6
Supplemental cash flow information:
Cash paid for interest	48.7	80.8
Cash paid for income taxes	$ 25.3	$ 28.5

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Discontinued Operations (Details) (Brazil Item Processing And Remittance Services Operations [Member], USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2014 Claim	Mar. 31, 2013	Dec. 31, 2011 Employee
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operation, revenues	$ 0	$ 0
Expenses of discontinued operation	(500,000)	(6,000,000)
Labor Claims [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Charges to increase accrual for potential labor claims	(100,000)	3,600,000
Number of employees terminated			2,600
Number of active claims	940
Court Ordered Deposits On Potential Future Labor Claims	15,200,000
Accrued liability for labor claims	$ 26,000,000
Maximum [Member] | Labor Claims [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Period from termination date employees can file claims	2 years

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Long-Term Debt (Details 4) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Interest expense
Effect of derivative instruments
Amount of loss reclassified from AOCE into income	$ (1.6)	$ (1.7)
Interest rate swap contracts
Effect of derivative instruments
Amount of gain (loss) recognized in AOCE on derivatives	$ (1.1)	$ 0

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Condensed Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 737.7	$ 547.5
Settlement deposits	444.7	327.4
Trade receivables, net of allowance for doubtful accounts of $21.0 and $16.2 as of March 31, 2014 and December 31, 2013, respectively	987.9	987.9
Settlement receivables	257.2	178.2
Other receivables	19.4	62.1
Due from related parties	34.9	35.8
Prepaid expenses and other current assets	153.7	154.1
Deferred income taxes	52.8	58.9
Total current assets	2,688.3	2,351.9
Property and equipment, net	449.2	439.0
Goodwill	8,500.0	8,500.0
Intangible assets, net	1,288.0	1,339.3
Computer software, net	861.1	856.5
Deferred contract costs, net	206.9	206.8
Other noncurrent assets	277.4	266.6
Total assets	14,270.9	13,960.1
Current liabilities:
Accounts payable and accrued liabilities	653.2	768.0
Settlement payables	717.0	518.6
Deferred revenues	270.1	243.6
Current portion of long-term debt	49.7	128.8
Due to Brazilian venture partner	14.4	13.7
Total current liabilities	1,704.4	1,672.7
Long-term debt, excluding current portion	4,728.9	4,339.8
Deferred income taxes	810.7	823.6
Due to Brazilian venture partner	36.2	34.5
Deferred revenues	26.7	27.2
Other long-term liabilities	261.6	325.0
Total liabilities	7,568.5	7,222.8
FIS stockholders’ equity:
Preferred stock, $0.01 par value, 200 shares authorized, none issued and outstanding as of March 31, 2014 and December 31, 2013	0	0
Common stock, $0.01 par value, 600 shares authorized, 387.1 and 387.0 shares issued as of March 31, 2014 and December 31, 2013, respectively	3.9	3.9
Additional paid in capital	7,271.5	7,247.6
Retained earnings	2,427.6	2,341.9
Accumulated other comprehensive earnings (loss)	3.2	(9.9)
Treasury stock, $0.01 par value, 99.3 and 96.4 shares as of March 31, 2014 and December 31, 2013, respectively, at cost	(3,172.1)	(3,003.0)
Total FIS stockholders’ equity	6,534.1	6,580.5
Noncontrolling interest	168.3	156.8
Total equity	6,702.4	6,737.3
Total liabilities and equity	$ 14,270.9	$ 13,960.1

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Commitments and Contingencies (Details) (Pending Litigation [Member])	0 Months Ended	3 Months Ended	0 Months Ended
	Jan. 05, 2012 patent	Dec. 31, 2012 patent	May 28, 2013 DataTreasury Corporation [Member] patent
Loss Contingencies [Line Items]
Loss Contingency, Patents Allegedly Infringed, Number	3	4	2

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Condensed Consolidated Statement of Equity (USD $) In Millions, unless otherwise specified	Total	Common Stock	Additional Paid In Capital	Retained Earnings	Accumulated Other Comprehensive Earnings	Treasury Stock	Noncontrolling Interest
Beginning Balance at Dec. 31, 2013	$ 6,737.3	$ 3.9	$ 7,247.6	$ 2,341.9	$ (9.9)	$ (3,003.0)	$ 156.8
Beginning Balance (in shares) at Dec. 31, 2013		(387.0)				(96.4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of restricted stock (in shares)		0.1
Issuance of restricted stock	0	0
Exercise of stock options and stock purchase right (in shares)						0.5
Exercise of stock options	12.3		(3.0)			15.3
Treasury Shares Held For Taxes Due Upon Exercise Of Stock Options						(0.2)
Treasury Shares Held For Taxes	(9.4)					(9.4)
Excess income tax benefit from exercise of stock options	8.5		8.5
Stock-based compensation	13.3		13.3
Cash dividends paid ($0.24 per share per quarter) and other distributions	(69.5)			(68.8)			(0.7)
Purchases of treasury stock (in shares)						(3.2)
Purchases of treasury stock	(175.0)					(175.0)
Stockholders' Equity, Other	5.1		5.1
Net earnings	161.1			154.5			6.6
Other comprehensive earnings, net of tax	18.7				13.1		5.6
Ending Balance at Mar. 31, 2014	$ 6,702.4	$ 3.9	$ 7,271.5	$ 2,427.6	$ 3.2	$ (3,172.1)	$ 168.3
Ending Balance (in shares) at Mar. 31, 2014		(387.1)				(99.3)

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Condensed Consolidated Financial Statement Details (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Condensed Consolidated Financial Statement Details
Property and equipment, Cost	$ 1,112.6		$ 1,077.4
Property and equipment, Accumulated Depreciation and Amortization	663.4		638.4
Property and equipment, Net	449.2		439.0
Intangible assets, Cost	2,743.9		2,807.6
Intangible assets, Accumulated Depreciation and Amortization	1,455.9		1,468.3
Intangible assets, Net	1,288.0		1,339.3
Computer Software, Cost	1,535.4		1,557.5
Computer software, Accumulated Depreciation and Amortization	674.3		701.0
Computer software, Net	861.1		856.5
Capital Lease Obligations Incurred	0.4	1.7
Settlement deposits	$ 75.0

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Unaudited Net Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings per share attributable to FIS common stockholders

The following table summarizes the earnings per share attributable to FIS common stockholders for the three months ended March 31, 2014 and 2013 (in millions, except per share amounts):

	Three months ended March 31,
	2014			2013
Earnings from continuing operations attributable to FIS, net of tax	$	154.9		$	148.0
Earnings (loss) from discontinued operations attributable to FIS, net of tax	(0.4		)	(3.9		)
Net earnings attributable to FIS common stockholders	$	154.5		$	144.1
Weighted average shares outstanding — basic	288.0			291.0
Plus: Common stock equivalent shares	3.9			4.5
Weighted average shares outstanding — diluted	291.9			295.5
Net earnings per share — basic from continuing operations attributable to FIS common stockholders	$	0.54		$	0.51
Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders	—			(0.01		)
Net earnings per share — basic attributable to FIS common stockholders *	$	0.54		$	0.50
Net earnings per share — diluted from continuing operations attributable to FIS common stockholders	$	0.53		$	0.50
Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders	—			(0.01		)
Net earnings per share — diluted attributable to FIS common stockholders *	$	0.53		$	0.49
* Amounts may not sum due to rounding.

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Long-Term Debt (Details) (USD $)	3 Months Ended
	Mar. 31, 2014		Dec. 31, 2013
Long-Term Debt
Other	$ 23,100,000		$ 27,100,000
Total	4,778,600,000		4,468,600,000
Current portion	(49,700,000)		(128,800,000)
Long-term debt, excluding current portion	4,728,900,000		4,339,800,000
Term Loans A-4
Long-Term Debt
Term Loan	1,862,500,000	[1]	1,962,500,000	[1]
Total	1,862,500,000
Applicable margin	2.00%
Weighted average interest rate	1.40%
Senior Notes due 2018, interest payable semi-annually at 2.000%
Long-Term Debt
Senior Notes	250,000,000		250,000,000
Total	250,000,000
Debt instrument, stated percentage	2.00%		2.00%
Senior Notes due 2020, interest payable semi-annually at 7.875%
Long-Term Debt
Senior Notes	500,000,000		500,000,000
Total	500,000,000
Debt instrument, stated percentage	7.875%		7.875%
Senior Notes due 2022, interest payable semi-annually at 5.000%
Long-Term Debt
Senior Notes	700,000,000		700,000,000
Total	700,000,000
Debt instrument, stated percentage	5.00%		5.00%
Senior Notes due 2023, interest payable semi-annually at 3.500%
Long-Term Debt
Senior Notes	1,000,000,000		1,000,000,000
Total	1,000,000,000
Debt instrument, stated percentage	3.50%		3.50%
Revolving Loan
Long-Term Debt
Term Loan	$ 443,000,000	[2]	$ 29,000,000	[2]
Applicable margin	2.00%
Unused commitment fee	0.35%
Line of credit facility marginal rates	1.25%

[1] Interest on the Term Loans A-4 is generally payable at LIBOR plus an applicable margin of up to 2.00% based upon the Company's corporate credit ratings and the ratings on the FIS Credit Agreement. As of March 31, 2014, the weighted average interest rate on the Term Loans A-4 was 1.40%.

[2] Interest on the Revolving Loan is generally payable at LIBOR plus an applicable margin of up to 2.00% plus an unused commitment fee of up to 0.35%, each based upon the Company's corporate credit ratings and the ratings on the FIS Credit Agreement. As of March 31, 2014, the applicable margin on the Revolving Loan, excluding facility fees and unused commitment fees, was 1.25%.

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Condensed Consolidated Financial Statement Details (Tables)

3 Months Ended

Mar. 31, 2014

Condensed Consolidated Financial Statement Details [Abstract]

Condensed Consolidated Financial Statement Details

The following table shows the Company’s condensed consolidated financial statement details as of March 31, 2014 and December 31, 2013 (in millions):

	March 31, 2014						December 31, 2013
	Cost		Accumulated depreciation and amortization		Net		Cost		Accumulated depreciation and amortization		Net
Property and equipment	$	1,112.6	$	663.4	$	449.2	$	1,077.4	$	638.4	$	439.0
Intangible assets	$	2,743.9	$	1,455.9	$	1,288.0	$	2,807.6	$	1,468.3	$	1,339.3
Computer software	$	1,535.4	$	674.3	$	861.1	$	1,557.5	$	701.0	$	856.5

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Condensed Consolidated Statement of Equity (Parenthetical) (USD $)	3 Months Ended
	Mar. 31, 2014
Statement of Stockholders' Equity [Abstract]
Cash dividends paid per share (in dollars per share)	$ 0.24

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Condensed Consolidated Balance Sheets (Parenthetical) (USD $) In Millions, except Share data, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Allowance for doubtful accounts	$ 21.0	$ 16.2
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)	600,000,000	600,000,000
Common stock, shares issued (in shares)	387,100,000	387,000,000
Treasury stock, par value (in dollars per share)	$ 0.01	$ 0.01
Treasury stock, shares (in shares)	99,300,000	96,400,000

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Commitments and Contingencies

3 Months Ended

Mar. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

Litigation

     In the ordinary course of business, the Company is involved in various pending and threatened litigation matters related to operations, some of which include claims for punitive or exemplary damages. The Company believes that no actions, other than the matters listed below, depart from customary litigation incidental to its business. As background to the disclosure below, please note the following:

• These matters raise difficult and complicated factual and legal issues and are subject to many uncertainties and complexities.

• The Company reviews all of its litigation on an on-going basis and follows the authoritative provisions for accounting for contingencies when making accrual and disclosure decisions. A liability must be accrued if (a) it is probable that a liability has been incurred and (b) the amount of loss can be reasonably estimated. If one of these criteria has not been met, disclosure is required when there is at least a reasonable possibility that a material loss may be incurred. When assessing reasonably possible and probable outcomes, the Company bases decisions on the assessment of the ultimate outcome following all appeals. Legal fees associated with defending litigation matters are expensed as incurred.

CheckFree Corporation and CashEdge, Inc. v. Metavante Corporation and Fidelity National Information Services, Inc.

This is a patent infringement action that was filed by CheckFree Corporation and CashEdge, Inc., subsidiaries of Fiserv, Inc., against Fidelity National Information Services, Inc. and our subsidiary, Metavante Corporation (collectively the “Defendants”) in the U.S. District Court for the Middle District of Florida, Jacksonville Division on January 5, 2012. The complaint seeks damages, injunctive relief and attorneys' fees for the alleged infringement of three patents. Plaintiffs allege that the Defendants infringe the patents at issue by providing customers financial and payment solutions that process payment instructions, provide electronic biller notifications, and/or process account-to-account funds transfer transactions and have requested financial damages and injunctive relief. Defendants filed their Answer and Counterclaims to Plaintiffs' complaint for patent infringement denying the claims of patent infringement and asserting defenses, including non-infringement and invalidity. Additionally, Defendants filed counterclaims asserting patent infringement of three patents and adding Fiserv, Inc. as a Counter Defendant. Defendants seek damages, injunctive relief and attorneys' fees. Plaintiffs and Counter Defendant Fiserv, Inc., filed their Answer to Defendants' counterclaims denying the claims of patent infringement and asserting defenses, including non-infringement and invalidity. In the fourth quarter of 2012, the Court granted Plaintiffs' Motion to Amend its First Amended Complaint to add a fourth patent and Defendants' Motion to Amend its First Amended Answer and Counterclaims. Defendants filed a Motion for Summary Judgment seeking an order invalidating all of the Plaintiffs' asserted patents. Plaintiffs filed a Motion for Summary Judgment seeking to invalidate select patent claims from one of Defendants' asserted patents.   On June 24, 2013, Defendants filed for covered business method (“CBM”) post-grant reviews of the validity of the Plaintiff's asserted patents at the US Patent and Trademark Office.  On June 25, 2013, Defendants filed a Motion to Stay the case pending the outcome of the CBM post-grant reviews.  The Court denied Plaintiffs' Motion for Summary Judgment. On December 23, 2013, the US Patent Office instituted Defendants’ CBM Petitions, thereby agreeing to review the validity of Plaintiff's patents. Additionally, on January 17, 2014, the Court granted Defendants’ Motion to Stay the litigation pending the outcome of the CBM review proceedings. An estimate of a possible loss or range of possible loss, if any, for this litigation cannot be made at this time.

DataTreasury Corporation v. Fidelity National Information Services, Inc. et. al.

This patent infringement lawsuit was filed on May 28, 2013 by DataTreasury Corporation (“DTC”) against Fidelity National Information Services, Inc. (the “Company”) and multiple customer banks in the US District Court for the Eastern District of Texas, Marshall Division.  Plaintiff alleges that the Company infringes the patents at issue by making, using, selling or offering to sell systems and methods for image-based check processing. The Complaint seeks damages, injunctive relief and attorneys' fees for the alleged infringement of two patents.  On October 25, 2013, the Company filed for covered business method (“CBM”) post-grant reviews of the validity of the Plaintiff's asserted patents at the US Patent and Trademark Office ("USPTO").  On December 18, 2013, the Company filed a Motion to Stay the case pending the outcome of the CBM post-grant reviews.   On April 4, 2014, the Company filed an Emergency Motion to Stay the case pending the Court's ruling on the underlying Motion to Stay in order to obtain relief from the aggressive schedule imposed by the Court. On April 29, 2014, the USPTO instituted the Company's two CBM petitions. The trial is currently scheduled for April 13, 2015. An estimate of a possible loss or range of possible loss, if any, for this action cannot be made at this time.

Indemnifications and Warranties

     The Company generally indemnifies its customers, 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, and 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.

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Document and Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 30, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	Fidelity National Information Services, Inc.
Entity Central Index Key	0001136893
Document Type	10-Q
Document Period End Date	Mar. 31, 2014
Amendment Flag	false
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		287,797,282

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Stock Purchase Right

3 Months Ended

Mar. 31, 2014

Stock Purchase Right [Abstract]

Stock Purchase Right

Stock Purchase Right

As of the date of acquisition of our subsidiary, Metavante Technologies, Inc. ("Metavante"), WPM, L.P., a Delaware limited partnership affiliated with Warburg Pincus Private Equity IX, L.P. (collectively “Warburg Pincus”) held a stock purchase right for FIS shares that originated from its initial investment in our subsidiary, Metavante. On March 6, 2013, Warburg Pincus sold 19.3 million shares of FIS common stock in a secondary public offering, constituting substantially all its remaining ownership position, other than shares it was still entitled to buy under the purchase right agreement. As of May 23, 2013, in exchange for a cash payment of $4.9 million by FIS to Warburg Pincus, the parties terminated the stock purchase right agreement and the Warburg shareholders agreement, thereby eliminating any further rights and obligations with respect thereto. The cash payment was calculated as the value, on a net settlement exercise basis, of the purchase rights remaining under the agreement on the termination date. This payment was recorded as a reduction to additional paid in capital.

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Condensed Consolidated Statements of Earnings (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014		Mar. 31, 2013
Income Statement [Abstract]
Processing and services revenues (for related party activity, see note 2)	$ 1,520.3		$ 1,478.0
Cost of revenues	1,050.0		1,008.0
Gross profit	470.3		470.0
Selling, general, and administrative expenses	186.6		194.9
Operating income	283.7		275.1
Other income (expense):
Interest expense, net	(41.1)		(51.7)
Other income (expense), net	(0.5)		5.1
Total other income (expense), net	(41.6)		(46.6)
Earnings from continuing operations before income taxes	242.1		228.5
Provision for income taxes	80.6		75.2
Earnings from continuing operations, net of tax	161.5		153.3
Earnings (loss) from discontinued operations, net of tax	(0.4)		(3.9)
Net earnings	161.1		149.4
Net (earnings) loss attributable to noncontrolling interest	(6.6)		(5.3)
Net earnings attributable to FIS common stockholders	154.5		144.1
Net earnings per share — basic from continuing operations attributable to FIS common stockholders	$ 0.54		$ 0.51
Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders	$ 0.00		$ (0.01)
Net earnings per share — basic attributable to FIS common stockholders	$ 0.54	[1]	$ 0.50	[1]
Weighted average shares outstanding — basic	288.0		291.0
Net earnings per share — diluted from continuing operations attributable to FIS common stockholders	$ 0.53		$ 0.50
Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders	$ 0.00		$ (0.01)
Net earnings per share — diluted attributable to FIS common stockholders	$ 0.53	[1]	$ 0.49	[1]
Weighted average shares outstanding — diluted	291.9		295.5
Cash dividends paid per share	$ 0.24		$ 0.22
Amounts attributable to FIS common stockholders:
Earnings from continuing operations, net of tax	154.9		148.0
Earnings (loss) from discontinued operations, net of tax	(0.4)		(3.9)
Net earnings attributable to FIS common stockholders	$ 154.5		$ 144.1

[1] * Amounts may not sum due to rounding.

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Discontinued Operations

3 Months Ended

Mar. 31, 2014

Discontinued Operation, Income (Loss) from Discontinued Operation Disclosures [Abstract]

Discontinued Operations

Discontinued Operations

Certain operations are reported as discontinued in the Condensed Consolidated Statements of Earnings (Unaudited) for the three months ended March 31, 2014 and 2013.

Brazil Item Processing and Remittance Services Operations

During the third quarter of 2010, the Company decided to pursue strategic alternatives for Fidelity National Participacoes Ltda. (“Participacoes”). Participacoes' processing volume was transitioned to other vendors or back to its customers during the second quarter of 2011. There were no revenues for the 2014 and 2013 periods. Participacoes had expenses of $0.5 million and $6.0 million for the three months ended March 31, 2014 and 2013, respectively. As a result of the dismissal of employees related to the shut-down activities completed in 2011, the three months ended March 31, 2014 and 2013 included charges of $(0.1) million and $3.6 million, respectively, to settle claims or increase our provision for potential labor claims. The shut-down activities involved the transfer and termination of approximately 2,600 employees. As of March 31, 2014, there were approximately 940 active labor claims. Former employees generally had up to two years from the date of termination to file labor claims, which extended through April 2013. Consequently, we have continued exposure on these active claims, which were not transferred with other assets and liabilities in the disposal. Our accrued liability for active labor claims, net of $15.2 million in court ordered deposits, is $26.0 million as of March 31, 2014. Any changes in the estimated liability related to these labor claims will be recorded as discontinued operations.

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Unaudited Net Earnings per Share

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Unaudited Net Earnings per Share

Unaudited Net Earnings per Share

The basic weighted average shares and common stock equivalents for the three months ended March 31, 2014 and 2013 are computed using the treasury stock method.

The following table summarizes the earnings per share attributable to FIS common stockholders for the three months ended March 31, 2014 and 2013 (in millions, except per share amounts):

	Three months ended March 31,
	2014			2013
Earnings from continuing operations attributable to FIS, net of tax	$	154.9		$	148.0
Earnings (loss) from discontinued operations attributable to FIS, net of tax	(0.4		)	(3.9		)
Net earnings attributable to FIS common stockholders	$	154.5		$	144.1
Weighted average shares outstanding — basic	288.0			291.0
Plus: Common stock equivalent shares	3.9			4.5
Weighted average shares outstanding — diluted	291.9			295.5
Net earnings per share — basic from continuing operations attributable to FIS common stockholders	$	0.54		$	0.51
Net earnings (loss) per share — basic from discontinued operations attributable to FIS common stockholders	—			(0.01		)
Net earnings per share — basic attributable to FIS common stockholders *	$	0.54		$	0.50
Net earnings per share — diluted from continuing operations attributable to FIS common stockholders	$	0.53		$	0.50
Net earnings (loss) per share — diluted from discontinued operations attributable to FIS common stockholders	—			(0.01		)
Net earnings per share — diluted attributable to FIS common stockholders *	$	0.53		$	0.49
* Amounts may not sum due to rounding.

Options to purchase approximately 4.1 million and 1.7 million shares of our common stock for the three months ended March 31, 2014 and 2013, respectively, were not included in the computation of diluted earnings per share because they were anti-dilutive.

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Changes in Accumulated Other Comprehensive Earnings (Losses) (Tables)

3 Months Ended

Mar. 31, 2014

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The table below summarizes our provision for income tax expense (benefit) related to items of other comprehensive earnings (in millions):

	Three months ended March 31,
	2014			2013
Unrealized gain (loss) on investments and derivatives	$	0.3		$	0.2
Foreign currency translation adjustments	(0.1		)	0.2
Other components of other comprehensive earnings (loss)	—			0.4
Provision for income tax expense (benefit) related to items of other comprehensive earnings	$	0.2		$	0.8

The following table shows accumulated other comprehensive earnings ("AOCE") by component, net of tax, for the three months ended March 31, 2014 (in millions):

				Foreign
	Interest Rate			Currency
	Swap			Translation
	Contracts			Adjustments			Other			Total
Balances, December 31, 2013	$	(2.4	)	$	(3.0	)	$	(4.5	)	$	(9.9	)
Other comprehensive gain/(loss) before reclassifications	(0.6		)	12.7			—			12.1
Amounts reclassified from AOCE	1.0			—			—			1.0
Net current period AOCE attributable to FIS	0.4			12.7			—			13.1
Balances, March 31, 2014	$	(2.0	)	$	9.7		$	(4.5	)	$	3.2

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Share Repurchase Program

3 Months Ended

Mar. 31, 2014

Amounts Attributable to Common Stockholders Abstract

Share Repurchase Program

Share Repurchase Program

On January 29, 2014 our Board of Directors approved a plan authorizing repurchases of up to $2.0 billion of our outstanding common stock in the open market at prevailing market prices or in privately negotiated transactions through December 31, 2017. This share repurchase authorization replaced any existing share repurchase authorization plan. Approximately $1,825.0 million of plan capacity remained available for repurchases as of March 31, 2014. The table below summarizes quarterly share repurchase activity for 2014 and 2013 under all plans (in millions, except per share amounts):

				Total cost of shares
				purchased as part of
	Total number of	Average price		publicly announced
Three months ended	shares purchased	paid per share		plans or programs
March 31, 2014	3.2	$	54.31	$	175.0
December 31, 2013	2.5	$	50.73	$	125.7
September 30, 2013	2.7	$	46.69	$	124.9
June 30, 2013	2.8	$	44.25	$	125.0
March 31, 2013	2.7	$	37.17	$	100.4

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Long-Term Debt

3 Months Ended

Mar. 31, 2014

Debt Disclosure [Abstract]

Long-Term Debt

Long-Term Debt

Long-term debt as of March 31, 2014 and December 31, 2013, consisted of the following (in millions):

	March 31, 2014			December 31, 2013
Term Loans A-4, quarterly principal amortization (1)	1,862.5			1,962.5
Senior Notes due 2018, interest payable semi-annually at 2.000%	250.0			250.0
Senior Notes due 2020, interest payable semi-annually at 7.875%	500.0			500.0
Senior Notes due 2022, interest payable semi-annually at 5.000%	700.0			700.0
Senior Notes due 2023, interest payable semi-annually at 3.500%	1,000.0			1,000.0
Revolving Loan (2)	443.0			29.0
Other	23.1			27.1
	4,778.6			4,468.6
Current portion	(49.7		)	(128.8		)
Long-term debt, excluding current portion	$	4,728.9		$	4,339.8

__________________________________________

(1) Interest on the Term Loans A-4 is generally payable at LIBOR plus an applicable margin of up to 2.00% based upon the Company's corporate credit ratings and the ratings on the FIS Credit Agreement. As of March 31, 2014, the weighted average interest rate on the Term Loans A-4 was 1.40%.

(2) Interest on the Revolving Loan is generally payable at LIBOR plus an applicable margin of up to 2.00% plus an unused commitment fee of up to 0.35%, each based upon the Company's corporate credit ratings and the ratings on the FIS Credit Agreement. As of March 31, 2014, the applicable margin on the Revolving Loan, excluding facility fees and unused commitment fees, was 1.25%.

FIS is a party to a syndicated credit agreement (the "FIS Credit Agreement"), which as of March 31, 2014, provided total committed capital of $3,862.5 million comprised of: (1) a revolving credit facility in an aggregate maximum principal amount of $2,000.0 million maturing on March 30, 2017 (the "Revolving Loan"); and (2) term loans of $1,862.5 million maturing on March 30, 2017 (the "Term Loans A-4"). As of March 31, 2014, the outstanding principal balance of the Revolving Loan was $443.0 million, with $1,556.2 million of borrowing capacity remaining thereunder (net of $0.8 million in outstanding letters of credit issued under the Revolving Loan).

The obligations of FIS under the FIS Credit Agreement and under all its outstanding senior notes rank equal in priority, are unsecured and are guaranteed by substantially all of the domestic subsidiaries of FIS. The FIS Credit Agreement and the senior notes remain subject to customary covenants, including, among others, limitations on the payment of dividends by FIS, and events of default.

The following table summarizes the mandatory principal payments pursuant to the FIS Credit Agreement and the senior notes' indentures as of March 31, 2014 (in millions). There are no mandatory principal payments on the Revolving Loan and any balance outstanding on the Revolving Loan will be due and payable at its scheduled maturity date:

	Term Loan		2018		2020		2022		2023
	A-4		Notes		Notes		Notes		Notes		Total
2014	$	—	$	—	$	—	$	—	$	—	$	—
2015	100.0		—		—		—		—		100.0
2016	100.0		—		—		—		—		100.0
2017	1,662.5		—		—		—		—		1,662.5
2018	—		250.0		—		—		—		250.0
Thereafter	—		—		500.0		700.0		1,000.0		2,200.0
Total	$	1,862.5	$	250.0	$	500.0	$	700.0	$	1,000.0	$	4,312.5

Voluntary prepayment of the Term Loans is generally permitted at any time without fee upon proper notice and subject to a minimum dollar requirement. In addition to scheduled principal payments, the Term Loans are (with certain exceptions) subject to mandatory prepayment upon the occurrence of certain events.

FIS may redeem some or all of the 2020 Notes and the 2022 Notes on or before July 14, 2017 and May 14, 2020, respectively, at specified premiums to par, and thereafter at par, as outlined in the respective indenture agreements. FIS may also redeem the 2018 Notes and the 2023 Notes at its option in whole or in part, at any time and from time to time, at a redemption price equal to the greater of 100% of the principal amount to be redeemed and a make-whole amount calculated as described in the related indenture in each case plus accrued and unpaid interest to, but excluding, the date of redemption; provided no make-whole amount will be paid for redemptions on the 2023 Notes during the three months prior to their maturity.

We monitor the financial stability of our counterparties on an ongoing basis. The lender commitments under the undrawn portions of the Revolving Loan are comprised of a diversified set of financial institutions, both domestic and international. The combined commitments of our top 10 revolving lenders comprise about 58% of our Revolving Loan. The failure of any single lender to perform its obligations under the Revolving Loan would not adversely impact our ability to fund operations. If the single largest lender were to default under the terms of the FIS Credit Agreement (impacting the capacity of the Revolving Loan), the maximum loss of available capacity on the undrawn portion of the Revolving Loan, as of March 31, 2014, would be approximately $107.0 million.

Debt issuance costs of $42.9 million, net of accumulated amortization, remain capitalized as of March 31, 2014, related to all of the above outstanding debt.

The fair value of the Company’s long-term debt is estimated to be approximately $25.6 million higher than the carrying value as of March 31, 2014. This estimate is based on quoted prices of our senior notes and trades of our other debt in close proximity to March 31, 2014, which are considered Level 2-type measurements. This estimate is subjective in nature and involves uncertainties and significant judgment in the interpretation of current market data. Therefore, the values presented are not necessarily indicative of amounts the Company could realize or settle currently.

As of March 31, 2014, we have entered into the following interest rate swap transactions converting a portion of the interest rate exposure on our Term and Revolving Loans from variable to fixed (in millions):

Effective date	Termination date	Notional amount		Bank pays variable rate of	FIS pays  fixed rate of
September 1, 2011	September 1, 2014	$	150.0	1 Month LIBOR (1)	0.74	%	(2)
September 1, 2011	September 1, 2014	150.0		1 Month LIBOR (1)	0.74	%	(2)
September 1, 2011	September 1, 2014	300.0		1 Month LIBOR (1)	0.72	%	(2)
July 1, 2012	July 1, 2015	300.0		1 Month LIBOR (1)	0.58	%	(2)
February 3, 2014	February 1, 2017	400.0		1 Month LIBOR (1)	0.89	%	(2)
		$	1,300.0

___________________________________

(1) 0.15% in effect as of March 31, 2014.

(2) Does not include the applicable margin and facility fees paid to lenders on the Term Loans and Revolving Loan as described above.

We have designated these interest rate swaps as cash flow hedges and, as such, they are carried on the Condensed Consolidated Balance Sheets (Unaudited) at fair value with changes in fair value included in other comprehensive earnings, net of tax.

A summary of the fair value of the Company’s derivative instruments as of March 31, 2014 and December 31, 2013, is as follows (in millions):

	March 31, 2014			December 31, 2013
	Balance sheet location	Fair value		Balance sheet location	Fair value
Interest rate swap contracts	Accounts payable and accrued liabilities	$	1.7	Accounts payable and accrued liabilities	$	2.5
Interest rate swap contracts	Other long-term liabilities	$	2.2	Other long-term liabilities	$	1.9

In accordance with the authoritative guidance for fair value measurements, the inputs used to determine the estimated fair value of our interest rate swaps are Level 2-type measurements. We considered our own credit risk and the credit risk of the counterparties when determining the fair value of our interest rate swaps. Adjustments are made to these amounts and to accumulated other comprehensive earnings ("AOCE") within the Condensed Consolidated Statements of Comprehensive Earnings (Unaudited) and Condensed Consolidated Statements of Equity as the factors that impact fair value change, including current and projected interest rates, time to maturity and required cash transfers/settlements with our counterparties. Periodic actual and estimated settlements with counterparties are recorded to interest expense as a yield adjustment to effectively fix the otherwise variable rate interest expense associated with the Term and Revolving Loans for hedged notional amounts.

A summary of the effect of derivative instruments on the Company’s Condensed Consolidated Statements of Comprehensive Earnings (Unaudited) and recognized in AOCE for the three months ended March 31, 2014 and 2013 is as follows (in millions):

	Amount of gain (loss) recognized in AOCE on derivatives						Amount of loss reclassified from AOCE into income
Derivatives in cash	Three months ended					Location of loss	Three months ended
flow hedging	March 31,					reclassified from	March 31,
relationships	2014			2013		AOCE into income	2014			2013
Interest rate swap contracts	$	(1.1	)	$	—	Interest expense	$	(1.6	)	$	(1.7	)

Approximately $1.9 million of the balance in AOCE as of March 31, 2014, is expected to be reclassified into income over the next twelve months.

Our existing cash flow hedges are highly effective and there was no impact on earnings due to hedge ineffectiveness. It is our practice to execute such instruments with credit-worthy banks at the time of execution and not to enter into derivative financial instruments for speculative purposes. As of March 31, 2014, we believe that our interest rate swap counterparties will be able to fulfill their obligations under our agreements and we believe we will have debt outstanding through the various expiration dates of the swaps such that the forecasted transactions remain probable of occurring.

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Changes in Accumulated Other Comprehensive Earnings (Losses)

3 Months Ended

Mar. 31, 2014

Equity [Abstract]

Changes in Accumulated Other Comprehensive Earnings (Losses)

Changes in Accumulated Other Comprehensive Earnings (Losses)

The following table shows accumulated other comprehensive earnings ("AOCE") by component, net of tax, for the three months ended March 31, 2014 (in millions):

				Foreign
	Interest Rate			Currency
	Swap			Translation
	Contracts			Adjustments			Other			Total
Balances, December 31, 2013	$	(2.4	)	$	(3.0	)	$	(4.5	)	$	(9.9	)
Other comprehensive gain/(loss) before reclassifications	(0.6		)	12.7			—			12.1
Amounts reclassified from AOCE	1.0			—			—			1.0
Net current period AOCE attributable to FIS	0.4			12.7			—			13.1
Balances, March 31, 2014	$	(2.0	)	$	9.7		$	(4.5	)	$	3.2

The amount reclassified from AOCE for interest rate swap contracts includes $1.6 million recorded as interest expense, reduced by a related $0.6 million provision for income taxes.

The table below summarizes our provision for income tax expense (benefit) related to items of other comprehensive earnings (in millions):

	Three months ended March 31,
	2014			2013
Unrealized gain (loss) on investments and derivatives	$	0.3		$	0.2
Foreign currency translation adjustments	(0.1		)	0.2
Other components of other comprehensive earnings (loss)	—			0.4
Provision for income tax expense (benefit) related to items of other comprehensive earnings	$	0.2		$	0.8

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Condensed Consolidated Financial Statement Details

3 Months Ended

Mar. 31, 2014

Condensed Consolidated Financial Statement Details [Abstract]

Condensed Consolidated Financial Statement Details

Condensed Consolidated Financial Statement Details

The following table shows the Company’s condensed consolidated financial statement details as of March 31, 2014 and December 31, 2013 (in millions):

	March 31, 2014						December 31, 2013
	Cost		Accumulated depreciation and amortization		Net		Cost		Accumulated depreciation and amortization		Net
Property and equipment	$	1,112.6	$	663.4	$	449.2	$	1,077.4	$	638.4	$	439.0
Intangible assets	$	2,743.9	$	1,455.9	$	1,288.0	$	2,807.6	$	1,468.3	$	1,339.3
Computer software	$	1,535.4	$	674.3	$	861.1	$	1,557.5	$	701.0	$	856.5

The Company entered into capital lease obligations of $0.4 million and $1.7 million during the three months ended March 31, 2014 and 2013, respectively. The assets are included in property and equipment and computer software and the remaining capital lease obligation is classified as long-term debt on our Condensed Consolidated Balance Sheet (Unaudited) as of March 31, 2014. Periodic payments are included in repayment of borrowings on the Condensed Consolidated Statements of Cash Flows (Unaudited).

Settlement Activity

Settlement deposits represent funds we hold that were drawn from our customers to facilitate our settlement activities and, as of March 31, 2014, included $75.0 million of short-term investments in certificates of deposit with original maturities of greater than 90 days. These certificates of deposit are Level 2 type securities in the fair-value hierarchy. Settlement payables consist of settlement deposits from customers, settlement payables to third parties and outstanding checks related to our settlement activities for which the right of offset does not exist or we do not intend to exercise our right of offset. Our accounting policy for such outstanding checks is to include them in settlement payables on the balance sheet and in operating cash flows on the statement of cash flows.

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Supplemental Guarantor Financial Information

3 Months Ended

Mar. 31, 2014

Supplemental Guarantor Financial Information [Abstract]

Supplemental Guarantor Financial Information

Supplemental Guarantor Financial Information

The following supplemental financial information sets forth for FIS and its guarantor and non-guarantor subsidiaries: (a) the Condensed Consolidating Balance Sheets as of March 31, 2014 and December 31, 2013; (b) the Condensed Consolidating Statements of Earnings and Comprehensive Earnings for the three months ended March 31, 2014 and 2013; and (c) the Condensed Consolidating Statements of Cash Flows for the three months ended March 31, 2014 and 2013. Each guarantor subsidiary is 100% owned by FIS and all guarantees are full and unconditional as well as joint and several.

	Condensed Consolidating Balance Sheets
	March 31, 2014
			Guarantor		Non-guarantor
	FIS		subsidiaries		subsidiaries		Eliminations			Consolidated
	(in millions)
Assets
Current assets:
Cash and cash equivalents	$	23.1	$	269.3	$	445.3	$	—		$	737.7
Settlement deposits	—		444.7		—		—			444.7
Trade receivables, net	—		717.7		270.2		—			987.9
Investment in subsidiaries, intercompany and receivables from related parties	9,532.1		11,037.9		945.3		(21,480.4		)	34.9
Other current assets	11.0		253.8		218.3		—			483.1
Total current assets	9,566.2		12,723.4		1,879.1		(21,480.4		)	2,688.3
Property and equipment, net	6.0		326.4		116.8		—			449.2
Goodwill	—		7,212.7		1,287.3		—			8,500.0
Intangible assets, net	—		943.7		344.3		—			1,288.0
Computer software, net	39.3		656.2		165.6		—			861.1
Other noncurrent assets	61.0		306.2		117.1		—			484.3
Total assets	$	9,672.5	$	22,168.6	$	3,910.2	$	(21,480.4	)	$	14,270.9
Liabilities and Equity
Current liabilities:
Accounts payable and accrued liabilities	$	103.8	$	216.4	$	333.0	$	—		$	653.2
Settlement payables	—		550.6		166.4		—			717.0
Current portion of long-term debt	39.1		10.0		0.6		—			49.7
Deferred revenues	—		192.1		78.0		—			270.1
Other current liabilities	—		—		14.4		—			14.4
Total current liabilities	142.9		969.1		592.4		—			1,704.4
Deferred income taxes	—		767.6		43.1		—			810.7
Long-term debt, excluding current portion	4,722.4		6.2		0.3		—			4,728.9
Other long-term liabilities	4.8		98.0		221.7		—			324.5
Total liabilities	4,870.1		1,840.9		857.5		—			7,568.5
Total equity	4,802.4		20,327.7		3,052.7		(21,480.4		)	6,702.4
Total liabilities and equity	$	9,672.5	$	22,168.6	$	3,910.2	$	(21,480.4	)	$	14,270.9

	Condensed Consolidating Balance Sheets
	December 31, 2013
			Guarantor		Non-guarantor
	FIS		subsidiaries		subsidiaries		Eliminations			Consolidated
	(in millions)
Assets
Current assets:
Cash and cash equivalents	$	21.5	$	172.4	$	353.6	$	—		$	547.5
Settlement deposits	—		327.4		—		—			327.4
Trade receivables, net	—		709.4		278.5		—			987.9
Investment in subsidiaries, intercompany and receivables from related parties	9,305.8		10,846.7		1,083.5		(21,200.2		)	35.8
Other current assets	38.1		289.4		125.8		—			453.3
Total current assets	9,365.4		12,345.3		1,841.4		(21,200.2		)	2,351.9
Property and equipment, net	6.5		329.3		103.2		—			439.0
Goodwill	—		7,212.7		1,287.3		—			8,500.0
Intangible assets, net	—		993.2		346.1		—			1,339.3
Computer software, net	36.4		656.5		163.6		—			856.5
Other noncurrent assets	63.6		294.5		115.3		—			473.4
Total assets	$	9,471.9	$	21,831.5	$	3,856.9	$	(21,200.2	)	$	13,960.1
Liabilities and Equity
Current liabilities:
Accounts payable and accrued liabilities	$	184.7	$	229.2	$	354.1	$	—		$	768.0
Settlement payables	—		453.0		65.6		—			518.6
Current portion of long-term debt	114.1		13.3		1.4		—			128.8
Deferred revenues	—		172.4		71.2		—			243.6
Other current liabilites	—		—		13.7		—			13.7
Total current liabilities	298.8		867.9		506.0		—			1,672.7
Deferred income taxes	—		778.8		44.8		—			823.6
Long-term debt, excluding current portion	4,333.2		6.3		0.3		—			4,339.8
Other long-term liabilities	2.8		98.8		285.1		—			386.7
Total liabilities	4,634.8		1,751.8		836.2		—			7,222.8
Total equity	4,837.1		20,079.7		3,020.7		(21,200.2		)	6,737.3
Total liabilities and equity	$	9,471.9	$	21,831.5	$	3,856.9	$	(21,200.2	)	$	13,960.1

	Condensed Consolidating Statements of Earnings and Comprehensive Earnings
	Three months ended March 31, 2014
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Processing and services revenues	$	—		$	1,174.5		$	345.8		$	—		$	1,520.3
Operating expenses	47.3			895.3			294.0			—			1,236.6
Operating income	(47.3		)	279.2			51.8			—			283.7
Other income (expense):
Interest expense, net	(42.8		)	(0.6		)	2.3			—			(41.1		)
Other income (expense)	(0.3		)	(0.4		)	0.2			—			(0.5		)
Net earnings (loss) of equity affiliates	220.6			—			—			(220.6		)	—
Total other income (expense)	177.5			(1.0		)	2.5			(220.6		)	(41.6		)
Earnings (loss) from continuing operations before income taxes	130.2			278.2			54.3			(220.6		)	242.1
Provision (benefit) for income taxes	(31.3		)	96.5			15.4			—			80.6
Net earnings (loss) from continuing operations	161.5			181.7			38.9			(220.6		)	161.5
Earnings (loss) from discontinued operations, net of tax	(0.4		)	—			(0.4		)	0.4			(0.4		)
Net earnings (loss)	161.1			181.7			38.5			(220.2		)	161.1
Net (earnings) loss attributable to noncontrolling interest	(6.6		)	0.1			(6.7		)	6.6			(6.6		)
Net earnings (loss) attributable to FIS common stockholders	$	154.5		$	181.8		$	31.8		$	(213.6	)	$	154.5
Comprehensive earnings (loss) attributable to FIS	$	167.6		$	181.6		$	43.7		$	(225.3	)	$	167.6

	Condensed Consolidating Statements of Earnings and Comprehensive Earnings
	Three months ended March 31, 2013
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Processing and services revenues	$	—		$	1,159.4		$	318.6		$	—		$	1,478.0
Operating expenses	61.5			866.4			275.0			—			1,202.9
Operating income	(61.5		)	293.0			43.6			—			275.1
Other income (expense):
Interest expense, net	(50.2		)	(0.4		)	(1.1		)	—			(51.7		)
Other income (expense)	9.6			0.1			(4.6		)	—			5.1
Net earnings (loss) of equity affiliates	222.3			—			—			(222.3		)	—
Total other income (expense)	181.7			(0.3		)	(5.7		)	(222.3		)	(46.6		)
Earnings (loss) from continuing operations before income taxes	120.2			292.7			37.9			(222.3		)	228.5
Provision (benefit) for income taxes	(33.1		)	94.9			13.4			—			75.2
Net earnings (loss) from continuing operations	153.3			197.8			24.5			(222.3		)	153.3
Earnings (loss) from discontinued operations, net of tax	(3.9		)	0.1			(4.0		)	3.9			(3.9		)
Net earnings (loss)	149.4			197.9			20.5			(218.4		)	149.4
Net (earnings) loss attributable to noncontrolling interest	(5.3		)	0.2			(5.5		)	5.3			(5.3		)
Net earnings (loss) attributable to FIS common stockholders	$	144.1		$	198.1		$	15.0		$	(213.1	)	$	144.1
Comprehensive earnings (loss) attributable to FIS	$	135.1		$	198.5		$	6.4		$	(204.9	)	$	135.1

	Condensed Consolidating Statements of Cash Flows
	Three months ended March 31, 2014
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Cash flows from operating activities	$	(52.6	)	$	284.2		$	(3.2	)	$	(5.8	)	$	222.6
Cash flows from investing activities	1.4			(58.6		)	(24.2		)	—			(81.4		)
Cash flows from financing activities	52.8			(128.7		)	112.5			5.8			42.4
Effect of foreign currency exchange rates on cash	—			—			6.6			—			6.6
Net increase (decrease) in cash	$	1.6		$	96.9		$	91.7		$	—		$	190.2

	Condensed Consolidating Statements of Cash Flows
	Three months ended March 31, 2013
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Cash flows from operating activities	$	(48.8	)	$	227.8		$	16.4		$	12.1		$	207.5
Cash flows from investing activities	(0.1		)	(61.1		)	(134.5		)	—			(195.7		)
Cash flows from financing activities	38.8			(194.6		)	236.1			(12.1		)	68.2
Effect of foreign currency exchange rates on cash	—			—			(7.0		)	—			(7.0		)
Net increase (decrease) in cash	$	(10.1	)	$	(27.9	)	$	111.0		$	—		$	73.0

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Changes in Accumulated Other Comprehensive Earnings (Losses) Changes in Accumulated Other Comprehensive Earnings (Losses) (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Provision for income taxes	$ 80.6	$ 75.2
Accumulated Net Unrealized Investment Gain (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Provision for income taxes	0.3	0.2
Accumulated Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Provision for income taxes	(0.1)	0.2
Accumulated Other Comprehensive Income Other [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Provision for income taxes	0	0.4
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Provision for income taxes	$ 0.2	$ 0.8

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Acquisitions

3 Months Ended

Mar. 31, 2014

Business Combinations [Abstract]

Acquisitions

Acquisitions

We completed a number of acquisitions in 2014 and 2013 that were not significant, individually or in the aggregate. The largest among these was mFoundry.

mFoundry

In March 2013, we completed the acquisition of mFoundry, Inc. ("mFoundry"), paying $115.0 million, net of cash acquired, for the remaining interest that we did not already own. mFoundry is a leading provider of mobile banking and payment solutions for financial institutions and retailers. Owning underlying technology that enables mobile commerce is expected to enhance our strategic positioning as the mobile channel continues to expand, and to enable us to leverage our capabilities over a broader customer base. The acquisition of the remaining interest resulted in a $9.2 million pretax gain on our pre-acquisition investment in mFoundry, which is included in Other Income (Expense) in the Condensed Consolidated Statements of Earnings(Unaudited) for the 2013 period.

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Supplemental Guarantor Financial Information (Tables)

3 Months Ended

Mar. 31, 2014

Supplemental Guarantor Financial Information [Abstract]

Condensed Consolidating Balance Sheet

	Condensed Consolidating Balance Sheets
	March 31, 2014
			Guarantor		Non-guarantor
	FIS		subsidiaries		subsidiaries		Eliminations			Consolidated
	(in millions)
Assets
Current assets:
Cash and cash equivalents	$	23.1	$	269.3	$	445.3	$	—		$	737.7
Settlement deposits	—		444.7		—		—			444.7
Trade receivables, net	—		717.7		270.2		—			987.9
Investment in subsidiaries, intercompany and receivables from related parties	9,532.1		11,037.9		945.3		(21,480.4		)	34.9
Other current assets	11.0		253.8		218.3		—			483.1
Total current assets	9,566.2		12,723.4		1,879.1		(21,480.4		)	2,688.3
Property and equipment, net	6.0		326.4		116.8		—			449.2
Goodwill	—		7,212.7		1,287.3		—			8,500.0
Intangible assets, net	—		943.7		344.3		—			1,288.0
Computer software, net	39.3		656.2		165.6		—			861.1
Other noncurrent assets	61.0		306.2		117.1		—			484.3
Total assets	$	9,672.5	$	22,168.6	$	3,910.2	$	(21,480.4	)	$	14,270.9
Liabilities and Equity
Current liabilities:
Accounts payable and accrued liabilities	$	103.8	$	216.4	$	333.0	$	—		$	653.2
Settlement payables	—		550.6		166.4		—			717.0
Current portion of long-term debt	39.1		10.0		0.6		—			49.7
Deferred revenues	—		192.1		78.0		—			270.1
Other current liabilities	—		—		14.4		—			14.4
Total current liabilities	142.9		969.1		592.4		—			1,704.4
Deferred income taxes	—		767.6		43.1		—			810.7
Long-term debt, excluding current portion	4,722.4		6.2		0.3		—			4,728.9
Other long-term liabilities	4.8		98.0		221.7		—			324.5
Total liabilities	4,870.1		1,840.9		857.5		—			7,568.5
Total equity	4,802.4		20,327.7		3,052.7		(21,480.4		)	6,702.4
Total liabilities and equity	$	9,672.5	$	22,168.6	$	3,910.2	$	(21,480.4	)	$	14,270.9

	Condensed Consolidating Balance Sheets
	December 31, 2013
			Guarantor		Non-guarantor
	FIS		subsidiaries		subsidiaries		Eliminations			Consolidated
	(in millions)
Assets
Current assets:
Cash and cash equivalents	$	21.5	$	172.4	$	353.6	$	—		$	547.5
Settlement deposits	—		327.4		—		—			327.4
Trade receivables, net	—		709.4		278.5		—			987.9
Investment in subsidiaries, intercompany and receivables from related parties	9,305.8		10,846.7		1,083.5		(21,200.2		)	35.8
Other current assets	38.1		289.4		125.8		—			453.3
Total current assets	9,365.4		12,345.3		1,841.4		(21,200.2		)	2,351.9
Property and equipment, net	6.5		329.3		103.2		—			439.0
Goodwill	—		7,212.7		1,287.3		—			8,500.0
Intangible assets, net	—		993.2		346.1		—			1,339.3
Computer software, net	36.4		656.5		163.6		—			856.5
Other noncurrent assets	63.6		294.5		115.3		—			473.4
Total assets	$	9,471.9	$	21,831.5	$	3,856.9	$	(21,200.2	)	$	13,960.1
Liabilities and Equity
Current liabilities:
Accounts payable and accrued liabilities	$	184.7	$	229.2	$	354.1	$	—		$	768.0
Settlement payables	—		453.0		65.6		—			518.6
Current portion of long-term debt	114.1		13.3		1.4		—			128.8
Deferred revenues	—		172.4		71.2		—			243.6
Other current liabilites	—		—		13.7		—			13.7
Total current liabilities	298.8		867.9		506.0		—			1,672.7
Deferred income taxes	—		778.8		44.8		—			823.6
Long-term debt, excluding current portion	4,333.2		6.3		0.3		—			4,339.8
Other long-term liabilities	2.8		98.8		285.1		—			386.7
Total liabilities	4,634.8		1,751.8		836.2		—			7,222.8
Total equity	4,837.1		20,079.7		3,020.7		(21,200.2		)	6,737.3
Total liabilities and equity	$	9,471.9	$	21,831.5	$	3,856.9	$	(21,200.2	)	$	13,960.1

Condensed Consolidating Statement of Earnings

	Condensed Consolidating Statements of Earnings and Comprehensive Earnings
	Three months ended March 31, 2014
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Processing and services revenues	$	—		$	1,174.5		$	345.8		$	—		$	1,520.3
Operating expenses	47.3			895.3			294.0			—			1,236.6
Operating income	(47.3		)	279.2			51.8			—			283.7
Other income (expense):
Interest expense, net	(42.8		)	(0.6		)	2.3			—			(41.1		)
Other income (expense)	(0.3		)	(0.4		)	0.2			—			(0.5		)
Net earnings (loss) of equity affiliates	220.6			—			—			(220.6		)	—
Total other income (expense)	177.5			(1.0		)	2.5			(220.6		)	(41.6		)
Earnings (loss) from continuing operations before income taxes	130.2			278.2			54.3			(220.6		)	242.1
Provision (benefit) for income taxes	(31.3		)	96.5			15.4			—			80.6
Net earnings (loss) from continuing operations	161.5			181.7			38.9			(220.6		)	161.5
Earnings (loss) from discontinued operations, net of tax	(0.4		)	—			(0.4		)	0.4			(0.4		)
Net earnings (loss)	161.1			181.7			38.5			(220.2		)	161.1
Net (earnings) loss attributable to noncontrolling interest	(6.6		)	0.1			(6.7		)	6.6			(6.6		)
Net earnings (loss) attributable to FIS common stockholders	$	154.5		$	181.8		$	31.8		$	(213.6	)	$	154.5
Comprehensive earnings (loss) attributable to FIS	$	167.6		$	181.6		$	43.7		$	(225.3	)	$	167.6

	Condensed Consolidating Statements of Earnings and Comprehensive Earnings
	Three months ended March 31, 2013
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Processing and services revenues	$	—		$	1,159.4		$	318.6		$	—		$	1,478.0
Operating expenses	61.5			866.4			275.0			—			1,202.9
Operating income	(61.5		)	293.0			43.6			—			275.1
Other income (expense):
Interest expense, net	(50.2		)	(0.4		)	(1.1		)	—			(51.7		)
Other income (expense)	9.6			0.1			(4.6		)	—			5.1
Net earnings (loss) of equity affiliates	222.3			—			—			(222.3		)	—
Total other income (expense)	181.7			(0.3		)	(5.7		)	(222.3		)	(46.6		)
Earnings (loss) from continuing operations before income taxes	120.2			292.7			37.9			(222.3		)	228.5
Provision (benefit) for income taxes	(33.1		)	94.9			13.4			—			75.2
Net earnings (loss) from continuing operations	153.3			197.8			24.5			(222.3		)	153.3
Earnings (loss) from discontinued operations, net of tax	(3.9		)	0.1			(4.0		)	3.9			(3.9		)
Net earnings (loss)	149.4			197.9			20.5			(218.4		)	149.4
Net (earnings) loss attributable to noncontrolling interest	(5.3		)	0.2			(5.5		)	5.3			(5.3		)
Net earnings (loss) attributable to FIS common stockholders	$	144.1		$	198.1		$	15.0		$	(213.1	)	$	144.1
Comprehensive earnings (loss) attributable to FIS	$	135.1		$	198.5		$	6.4		$	(204.9	)	$	135.1

Condensed Consolidating Statements of Cash Flows

	Condensed Consolidating Statements of Cash Flows
	Three months ended March 31, 2014
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Cash flows from operating activities	$	(52.6	)	$	284.2		$	(3.2	)	$	(5.8	)	$	222.6
Cash flows from investing activities	1.4			(58.6		)	(24.2		)	—			(81.4		)
Cash flows from financing activities	52.8			(128.7		)	112.5			5.8			42.4
Effect of foreign currency exchange rates on cash	—			—			6.6			—			6.6
Net increase (decrease) in cash	$	1.6		$	96.9		$	91.7		$	—		$	190.2

	Condensed Consolidating Statements of Cash Flows
	Three months ended March 31, 2013
				Guarantor			Non-guarantor
	FIS			subsidiaries			subsidiaries			Eliminations			Consolidated
	(in millions)
Cash flows from operating activities	$	(48.8	)	$	227.8		$	16.4		$	12.1		$	207.5
Cash flows from investing activities	(0.1		)	(61.1		)	(134.5		)	—			(195.7		)
Cash flows from financing activities	38.8			(194.6		)	236.1			(12.1		)	68.2
Effect of foreign currency exchange rates on cash	—			—			(7.0		)	—			(7.0		)
Net increase (decrease) in cash	$	(10.1	)	$	(27.9	)	$	111.0		$	—		$	73.0

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Segment Information (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013		Dec. 31, 2013
Segment Information
Processing and services revenues	$ 1,520.3	$ 1,478.0
Operating expenses	1,236.6	1,202.9
Operating income	283.7	275.1
Other income (expense) unallocated	(41.6)	(46.6)
Earnings from continuing operations before income taxes	242.1	228.5
Depreciation and amortization	152.6	153.2
Capital expenditures	90.3	75.4	[1]
Total assets	14,270.9			13,960.1
Goodwill	8,500.0	8,487.2		8,500.0
Segment Information (Textuals) [Abstract]
Capital lease obligations	0.4	1.7
Amount related to discontinued operations that is excluded from total asset	2.7	2.4
Continuing Operations [Member]
Segment Information
Depreciation and amortization	152.6	153.2
Total assets	14,268.2	13,696.8	[2]
FSG [Member]
Segment Information
Processing and services revenues	586.8	575.3
Operating expenses	399.8	386.9
Operating income	187.0	188.4
Capital expenditures	41.2	40.6	[1]
Goodwill	4,064.7	4,058.0
FSG [Member] | Continuing Operations [Member]
Segment Information
Depreciation and amortization	39.9	39.2
Total assets	5,471.1	5,433.2	[2]
PSG [Member]
Segment Information
Processing and services revenues	619.5	611.8
Operating expenses	384.0	373.3
Operating income	235.5	238.5
Capital expenditures	19.3	14.4	[1]
Goodwill	3,833.1	3,833.1
PSG [Member] | Continuing Operations [Member]
Segment Information
Depreciation and amortization	19.9	19.8
Total assets	5,232.6	4,715.4	[2]
ISG [Member]
Segment Information
Processing and services revenues	314.4	291.6
Operating expenses	275.0	251.3
Operating income	39.4	40.3
Capital expenditures	24.0	17.4	[1]
Goodwill	602.2	596.1
Segment Information (Textuals) [Abstract]
Long-term assets, excluding goodwill and other intangible assets	375.9	368.1
ISG [Member] | Continuing Operations [Member]
Segment Information
Depreciation and amortization	19.6	18.8
Total assets	2,174.4	1,925.8	[2]
Corporate and Other [Member]
Segment Information
Processing and services revenues	(0.4)	(0.7)
Operating expenses	177.8	191.4
Operating income	(178.2)	(192.1)
Capital expenditures	5.8	3.0	[1]
Goodwill	0	0
Corporate and Other [Member] | Continuing Operations [Member]
Segment Information
Depreciation and amortization	73.2	75.4
Total assets	$ 1,390.1	$ 1,622.4	[2]

[1] Capital expenditures for the three months ended March 31, 2014 and 2013 include $0.4 million and $1.7 million, respectively of capital leases.

[2] Total assets as of March 31, 2014 and 2013 exclude $2.7 million and $2.4 million related to discontinued operations.

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Long-Term Debt (Details Textuals) (USD $)	3 Months Ended
	Mar. 31, 2014 lender	Dec. 31, 2013
Debt Instrument [Line Items]
Long-term Debt	$ 4,778,600,000	$ 4,468,600,000
Debt Instrument, Redemption Price, Percentage	100.00%
Number of top lenders (in lenders)	10
Percentage share of revolving loan covered by top lenders	58.00%
Maximum loss of available capacity of revolving loan	107,000,000
Total debt issuance costs	42,900,000
Fair Value Option Aggregate Differences Long Term Debt Instruments	25,600,000
Amount of balance in AOCE	1,900,000
FIS Credit Agreements
Debt Instrument [Line Items]
Total committed capital, credit agreement	3,862,500,000
Term Loan A-3 | FIS Credit Agreements
Debt Instrument [Line Items]
Term loans	1,862,500,000.0
Revolving Credit Facility | FIS Credit Agreements
Debt Instrument [Line Items]
Revolving credit facility, maximum borrowing capacity	2,000,000,000
Credit facility Outstanding amount	443,000,000
Additional term and revolving loan capacity in the future	1,556,200,000
Long-term Debt	0
Revolving Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Credit facility Outstanding amount	$ 800,000

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Condensed Consolidated Statements of Comprehensive Earnings (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Statement of Comprehensive Income [Abstract]
Net earnings	$ 161.1	$ 149.4
Other comprehensive earnings, before tax:
Unrealized gain (loss) on investments and derivatives	(0.9)	(1.2)
Reclassification adjustment for (gains) losses included in net earnings	1.6	1.7
Unrealized gain (loss) on investments and derivatives, net	0.7	0.5
Foreign currency translation adjustments	18.2	(7.2)
Other comprehensive earnings (loss), before tax:	18.9	(6.7)
Provision for income tax expense (benefit) related to items of other comprehensive earnings	0.2	0.8
Other comprehensive earnings (loss), net of tax	18.7	(7.5)
Comprehensive earnings:	179.8	141.9
Net (earnings) loss attributable to noncontrolling interest	(6.6)	(5.3)
Other comprehensive (earnings) losses attributable to noncontrolling interest	(5.6)	(1.5)
Comprehensive earnings attributable to FIS common stockholders	$ 167.6	$ 135.1

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Related Party Transactions

3 Months Ended

Mar. 31, 2014

Related Party Transaction, Due from (to) Related Party [Abstract]

Related Party Transactions

Related Party Transactions

Brazilian Venture

The Company operates a joint venture ("Brazilian Venture") with Banco Bradesco S.A. ("Banco Bradesco") in which we own a 51% controlling interest, to provide comprehensive, fully outsourced transaction processing, call center, cardholder support and collection services to multiple card issuing clients in Brazil, including Banco Bradesco. The Company recorded Banco Bradesco Brazilian Venture revenues of $67.0 million and $75.1 million during the three months ended March 31, 2014 and 2013, respectively, relating to these services.

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Share Repurchase Program - (Tables)

3 Months Ended

Mar. 31, 2014

Amounts attributable to common stockhoders Abstract [Abstract]

Schedule of Stock Repurchased

The table below summarizes quarterly share repurchase activity for 2014 and 2013 under all plans (in millions, except per share amounts):

				Total cost of shares
				purchased as part of
	Total number of	Average price		publicly announced
Three months ended	shares purchased	paid per share		plans or programs
March 31, 2014	3.2	$	54.31	$	175.0
December 31, 2013	2.5	$	50.73	$	125.7
September 30, 2013	2.7	$	46.69	$	124.9
June 30, 2013	2.8	$	44.25	$	125.0
March 31, 2013	2.7	$	37.17	$	100.4

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Long-Term Debt (Details 2) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Interest rate swap
Notional amount	$ 1,300.0
1 month LIBOR rate in effect	0.15%
Interest Rate Swap One
Interest rate swap
Effective date	Sep. 01, 2011
Termination date	Sep. 01, 2014
Notional amount	150.0
Bank pays variable rate of	1 Month LIBOR (1)	[1]
FIS pays fixed rate of	0.74%	[2]
Interest Rate Swap Two
Interest rate swap
Effective date	Sep. 01, 2011
Termination date	Sep. 01, 2014
Notional amount	150.0
Bank pays variable rate of	1 Month LIBOR (1)	[1]
FIS pays fixed rate of	0.74%	[2]
Interest Rate Swap Three
Interest rate swap
Effective date	Sep. 01, 2011
Termination date	Sep. 01, 2014
Notional amount	300.0
Bank pays variable rate of	1 Month LIBOR (1)	[1]
FIS pays fixed rate of	0.72%	[2]
Interest Rate Swap Four
Interest rate swap
Effective date	Jul. 01, 2012
Termination date	Jul. 01, 2015
Notional amount	300.0
Bank pays variable rate of	1 Month LIBOR (1)	[1]
FIS pays fixed rate of	0.58%	[2]
Interest Rate Swap Five
Interest rate swap
Effective date	Feb. 03, 2014
Termination date	Feb. 01, 2017
Notional amount	$ 400.0
Bank pays variable rate of	1 Month LIBOR (1)	[1]
FIS pays fixed rate of	0.89%	[2]

[1] 0.15% in effect as of March 31, 2014.

[2] Does not include the applicable margin and facility fees paid to lenders on the Term Loans and Revolving Loan as described above.

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Segment Information

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Segment Information

Segment Information

Summarized financial information for the Company’s segments is shown in the following tables.

As of and for the three months ended March 31, 2014 (in millions):

	FSG		PSG		ISG		Corporate and Other			Total
Processing and services revenues	$	586.8	$	619.5	$	314.4	$	(0.4	)	$	1,520.3
Operating expenses	399.8		384.0		275.0		177.8			1,236.6
Operating income	$	187.0	$	235.5	$	39.4	$	(178.2	)	283.7
Other income (expense) unallocated										(41.6		)
Income from continuing operations before income taxes										$	242.1
Depreciation and amortization	$	39.9	$	19.9	$	19.6	$	73.2		$	152.6
Capital expenditures (1)	$	41.2	$	19.3	$	24.0	$	5.8		$	90.3
Total assets (2)	$	5,471.1	$	5,232.6	$	2,174.4	$	1,390.1		$	14,268.2
Goodwill	$	4,064.7	$	3,833.1	$	602.2	$	—		$	8,500.0

As of and for the three months ended March 31, 2013 (in millions):

	FSG		PSG		ISG		Corporate and Other			Total
Processing and services revenues	$	575.3	$	611.8	$	291.6	$	(0.7	)	$	1,478.0
Operating expenses	386.9		373.3		251.3		191.4			1,202.9
Operating income	$	188.4	$	238.5	$	40.3	$	(192.1	)	275.1
Other income (expense) unallocated										(46.6		)
Income from continuing operations before income taxes										$	228.5
Depreciation and amortization	$	39.2	$	19.8	$	18.8	$	75.4		$	153.2
Capital expenditures (1)	$	40.6	$	14.4	$	17.4	$	3.0		$	75.4
Total assets (2)	$	5,433.2	$	4,715.4	$	1,925.8	$	1,622.4		$	13,696.8
Goodwill	$	4,058.0	$	3,833.1	$	596.1	$	—		$	8,487.2

(1) Capital expenditures for the three months ended March 31, 2014 and 2013 include $0.4 million and $1.7 million, respectively of capital leases.

(2) Total assets as of March 31, 2014 and 2013 exclude $2.7 million and $2.4 million related to discontinued operations.

Financial Solutions Group

FSG focuses on serving the technology, processing and outsourcing needs of financial institutions, commercial lenders, finance companies and other businesses in North America. FSG's primary software applications function as the underlying infrastructure of a financial institution's processing environment. These applications include core bank processing software, which banks use to maintain the primary records of their customer accounts, and complementary applications and services that interact directly with the core processing applications. FSG offers applications and services through a range of delivery and service models, including on-site outsourcing and remote processing arrangements, as well as on a licensed software basis for installation on customer-owned and operated systems. We also provide strategic consulting services that help financial institutions define and manage their technology strategies and projects.

Payment Solutions Group

PSG provides a comprehensive set of services and software for EFT, network, card processing, check image, bill payment and government payment processing for North America. PSG is focused on servicing the payment and EFT needs of North American headquartered banks, credit unions and independent community and savings institutions as well as other commercial enterprises and government institutions.

International Solutions Group

ISG offers similar services, solutions and strategic consulting summarized above for FSG and PSG to a wide array of international financial institutions. Also, this segment includes the Company's consolidated Brazilian Venture (Note 2). Customers in Brazil, Germany and the United Kingdom accounted for the majority of the revenues from non-U.S. based customers for all periods presented. Included in this segment are long-term assets, excluding goodwill and other intangible assets, located outside of the United States totaling $375.9 million and $368.1 million as of March 31, 2014 and 2013, respectively. These assets are predominantly located in Germany, Brazil, the United Kingdom and India.

Corporate and Other

The Corporate and Other segment consists of the corporate overhead costs that are not allocated to operating segments. Corporate overhead costs relate to human resources, legal, risk management, information security, finance and accounting, domestic sales and marketing, amortization of acquisition-related intangibles and other costs that are not considered when management evaluates segment performance.