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Business Segment Information
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information
The Company’s operations are comprised of the Payments segment and the Financial Institution Services (“Financial”) segment. The Payments segment primarily provides debit and credit card processing and services, electronic bill payment and presentment services, internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services. The businesses in this segment also provide card and print personalization services, investment account processing services for separately managed accounts, and fraud and risk management products and services. The Financial segment provides banks, thrifts, credit unions, and leasing and finance companies with account processing services, item processing and source capture services, loan origination and servicing products, cash management and consulting services, and other products and services that support numerous types of financial transactions. Corporate and Other primarily consists of unallocated corporate expenses including share-based compensation, amortization of acquisition-related intangible assets, intercompany eliminations and other costs that are not considered when management evaluates segment performance.
(In millions)
Payments
 
Financial
 
Corporate
and Other
 
Total
Three Months Ended March 31, 2016
 
 
 
 
 
 
 
Processing and services revenue
$
560

 
$
561

 
$
1

 
$
1,122

Product revenue
189

 
38

 
(18
)
 
209

Total revenue
$
749

 
$
599

 
$
(17
)
 
$
1,331

Operating income
$
225

 
$
195

 
$
(81
)
 
$
339

Three Months Ended March 31, 2015

 

 

 
 
Processing and services revenue
$
516

 
$
552

 
$
(1
)
 
$
1,067

Product revenue
180

 
41

 
(13
)
 
208

Total revenue
$
696

 
$
593

 
$
(14
)
 
$
1,275

Operating income
$
191

 
$
204

 
$
(81
)
 
$
314


Goodwill in the Payments segment was $3.6 billion and $3.4 billion as of March 31, 2016 and December 31, 2015, respectively. Goodwill in the Financial segment was $1.8 billion at both March 31, 2016 and December 31, 2015.