Business Segment Information

The Company’s operations are comprised of the Payments segment and the Financial segment. The Payments segment primarily provides electronic bill payment and presentment services, internet and mobile banking software and services, account-to-account transfers, person-to-person payment services, debit and credit card processing and services, payments infrastructure 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 financial institutions 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 intercompany eliminations, amortization of acquisition-related intangible assets, unallocated corporate expenses and other activities that are not considered when management evaluates segment performance, such as gains on sales of businesses and associated transition services.



(In millions)	Payments		Financial		Corporate and Other			Total
2018
Processing and services revenue	$	2,728	$	2,204	$	43		$	4,975
Product revenue	739		191		(82		)	848
Total revenue	3,467		2,395		(39		)	5,823
Operating income¹	1,122		798		(167		)	1,753
Total assets	7,622		3,240		400			11,262
Capital expenditures	239		115		6			360
Depreciation and amortization expense	225		145		186			556

2017
Processing and services revenue	$	2,476	$	2,347	$	10		$	4,833
Product revenue	758		183		(78		)	863
Total revenue	3,234		2,530		(68		)	5,696
Operating income	1,034		849		(351		)	1,532
Total assets²	6,596		3,309		384			10,289
Capital expenditures	182		95		10			287
Depreciation and amortization expense	169		92		183			444

2016
Processing and services revenue	$	2,334	$	2,285	$	6		$	4,625
Product revenue	756		192		(68		)	880
Total revenue	3,090		2,477		(62		)	5,505
Operating income	943		823		(321		)	1,445
Total assets	6,143		3,287		313			9,743
Capital expenditures	161		125		4			290
Depreciation and amortization expense	141		96		184			421

¹A gain of $227 million from the sale of a 55% interest of the Company’s Lending Solutions business is included within Corporate and Other.

²Assets held for sale of $50 million at December 31, 2017 related to discontinued operations have been included within Corporate and Other.

Revenue from clients outside the United States comprised approximately 6% of total revenue in 2018, and 5% in each of 2017 and 2016.