Revenue (Tables)

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The Company’s disaggregated net revenue by category and geographic region were as follows:

	Three Months Ended March 31,
	2024		2023
	(in millions)
Net revenue by category:
Payment network	$	3,920	$	3,650
Value-added services and solutions	2,428		2,098
Net revenue	$	6,348	$	5,748
Net revenue by geographic region:
Americas 1	$	2,773	$	2,537
Asia Pacific, Europe, Middle East and Africa	3,575		3,211
Net revenue	$	6,348	$	5,748

1Americas includes the United States, Canada and Latin America. Prior period amounts have been reclassified to conform to the new presentation.

The following table sets forth the location of the amounts recognized on the consolidated balance sheet from contracts with customers:

	March 31, 2024		December 31, 2023
	(in millions)
Receivables from contracts with customers
Accounts receivable	$	3,989	$	3,851
Contract assets
Prepaid expenses and other current assets	157		133
Other assets	409		387
Deferred revenue 1
Other current liabilities	632		459
Other liabilities	346		318

1    Revenue recognized from performance obligations satisfied during the three months ended March 31, 2024 was $510 million