Business Segment Information

3 Months Ended

Mar. 31, 2019

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
Three Months Ended March 31, 2019
Processing and services revenue	$	726	$	554	$	13		$	1,293
Product revenue	188		44		(23		)	209
Total revenue	$	914	$	598	$	(10	)	$	1,502
Operating income	$	287	$	199	$	(113	)	$	373
Three Months Ended March 31, 2018
Processing and services revenue	$	653	$	582	$	3		$	1,238
Product revenue	189		34		(21		)	202
Total revenue	$	842	$	616	$	(18	)	$	1,440
Operating income	$	271	$	202	$	135		$	608

Goodwill in the Payments segment was $4.0 billion as of both March 31, 2019 and December 31, 2018. Goodwill in the Financial segment was $1.7 billion as of both March 31, 2019 and December 31, 2018.