Revisions of Previously Issued Financials Statements (Tables)

6 Months Ended

Jun. 30, 2020

The appropriate changes are reflected in our Condensed Consolidated Statement of Cash Flows and the corrections are reflected in the tables below:


	For the year ended December 31, 2018
In millions	As Reported		Adjustment		As Revised
Business acquisitions, net	$	(206)	$	46	$	(160)
Net cash provided by (used in) investing activities	$	(520)	$	46	$	(474)
Net increase (decrease) in client obligations	$	—	$	10	$	10
Net cash provided by (used in) financing activities	$	(58)	$	10	$	(48)
Increase (decrease) in cash, cash equivalents and restricted cash	$	(67)	$	56	$	(11)
Cash, cash equivalents and restricted cash at the end of the period	$	476	$	56	$	532


	For the three months ended March 31, 2019
In millions	As Reported in March 31, 2019 Form 10-Q		Adjustment		As Revised in March 31, 2020 Form 10-Q		Further Adjustment		As Revised
Increase (decrease) in other assets and liabilities	$	(10)	$	—	$	(10)	$	—	$	(10)
Net cash provided by (used in) operating activities	$	(16)	$	—	$	(16)	$	—	$	(16)


Net increase (decrease) in client obligations	$	—	$	17	$	17	$	—	$	17
Net cash provided by (used in) financing activities	$	36	$	17	$	53	$	—	$	53
Increase (decrease) in cash, cash equivalents and restricted cash	$	(53)	$	17	$	(36)	$	—	$	(36)
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	46	$	522	$	10	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	423	$	63	$	486	$	10	$	496


	For the six months ended June 30, 2019
In millions	As Reported		Adjustment		As Revised
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	56	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	345	$	56	$	401


	For the nine months ended September 30, 2019
In millions	As Reported		Adjustment		As Revised
Net increase (decrease) in client funds	$	(2)	$	2	$	—
Net cash provided by (used in) investing activities	$	(292)	$	2	$	(290)
Net increase (decrease) in client obligations	$	2	$	(4)	$	(2)
Net cash provided by (used in) financing activities	$	33	$	(4)	$	29
Increase (decrease) in Cash, cash equivalents and restricted cash	$	(67)	$	(2)	$	(69)
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	56	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	409	$	54	$	463


	For the year ended December 31, 2019
In millions	As Reported		Adjustment		As Revised
Increase (decrease) in other assets and liabilities	$	2	$	6	$	8
Net cash provided by (used in) operating activities	$	628	$	6	$	634
Net increase (decrease) in client obligations	$	(15)	$	15	$	—
Net cash provided by (used in) investing activities	$	(527)	$	15	$	(512)
Net increase (decrease) in client obligations	$	15	$	(30)	$	(15)
Net cash provided by (used in) financing activities	$	(31)	$	(30)	$	(61)
Increase (decrease) in Cash, cash equivalents and restricted cash	$	40	$	(9)	$	31
Cash, cash equivalents and restricted cash at the beginning of the period	$	476	$	56	$	532
Cash, cash equivalents and restricted cash at the end of the period	$	516	$	47	$	563


	For the three months ended March 31, 2020
In millions	As Reported		Adjustment		As Revised
Increase (decrease) in other assets and liabilities	$	(90)	$	(7)	$	(97)
Net cash provided by (used in) operating activities	$	61	$	(7)	$	54
Increase (decrease) in Cash, cash equivalents and restricted cash	$	717	$	(7)	$	710
Cash, cash equivalents and restricted cash at the beginning of the period	$	548	$	15	$	563
Cash, cash equivalents and restricted cash at the end of the period	$	1,265	$	8	$	1,273

The reconciliation of cash, cash equivalents and restricted cash in the Condensed Consolidated Statements of Cash Flows is as follows:


In millions	June 30
			2020			2019 As Revised
Reconciliation of cash, cash equivalents and restricted cash as shown in the Condensed Consolidated Statements of Cash Flows
Cash and cash equivalents	$	1,681		$	335
Restricted cash included in other assets	9			10
Funds held for clients included in other current assets	28			46
Cash included in settlement processing assets included in other current assets	21			10
Total cash, cash equivalents and restricted cash	$	1,739		$	401


In millions	March 31, 2020		December 31, 2019		September 30, 2019		June 30, 2019		March 31, 2019		December 31, 2018
Reconciliation of cash, cash equivalents and restricted cash as shown in the Condensed Consolidated Statements of Cash Flows
Cash and cash equivalents	$	1,214	$	509	$	388	$	335	$	414	$	464
Restricted cash included in other assets	7		7		21		10		9		12
Funds held for clients included in other current assets	44		32		45		46		64		46
Cash included in settlement processing assets included in other current assets	8		15		9		10		9		10
Total cash, cash equivalents and restricted cash	$	1,273	$	563	$	463	$	401	$	496	$	532