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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Processing and services $ 1,293 $ 1,238
Product 209 202
Total revenue 1,502 1,440
Expenses:    
Cost of processing and services 624 568
Cost of product 174 191
Selling, general and administrative 341 305
Gain on sale of business (10) (232)
Total expenses 1,129 832
Operating income 373 608
Interest expense (59) (45)
Debt financing activities (59) 0
Non-operating income 3 0
Income before income taxes and loss from investments in unconsolidated affiliates 258 563
Income tax provision (31) (140)
Loss from investments in unconsolidated affiliates (2) 0
Net income $ 225 $ 423
Net income per share – basic (in dollars per share) $ 0.58 $ 1.02
Net income per share – diluted (in dollars per share) $ 0.56 $ 1.00
Shares used in computing net income per share:    
Basic (in shares) 391.7 413.1
Diluted (in shares) 399.1 421.6