Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The tables below present the

Company’s revenue disaggregated by type of revenue, including a reconciliation with its reportable segments. The Company’s disaggregation of revenue for the three and six months ended June 30, 2019 have been restated to reflect the Segment Realignment. The majority of the Company’s revenue is earned domestically, with revenue generated outside the United States comprising approximately 12% and 6% of total revenue for the three months ended June 30, 2020 and 2019, respectively, and 13% and 6% of total revenue for the six months ended June 30, 2020 and 2019, respectively.

(In millions)	Reportable Segments
Three Months Ended June 30, 2020	Acceptance		Fintech		Payments		Corporate and Other			Total
Type of Revenue
Processing	$	1,038	$	349	$	1,063	$	13		$	2,463
Hardware, print and card production	159		9		160		—			328
Professional services	8		115		58		—			181
Software maintenance	—		141		—		—			141
License and termination fees	6		52		18		—			76
Output solutions postage	—		—		—		198			198
Other	12		48		21		(3		)	78
Total Revenue	$	1,223	$	714	$	1,320	$	208		$	3,465

(In millions)	Reportable Segments
Three Months Ended June 30, 2019	Fintech		Payments		Corporate and Other		Total
Type of Revenue
Processing	$	342	$	516	$	46	$	904
Hardware, print and card production	11		75		—		86
Professional services	125		26		2		153
Software maintenance	143		—		4		147
License and termination fees	60		18		—		78
Output solutions postage	—		—		67		67
Other	50		27		—		77
Total Revenue	$	731	$	662	$	119	$	1,512

(In millions)	Reportable Segments
Six Months Ended June 30, 2020	Acceptance		Fintech		Payments		Corporate and Other			Total
Type of Revenue
Processing	$	2,221	$	700	$	2,153	$	38		$	5,112
Hardware, print and card production	352		21		352		—			725
Professional services	11		227		115		1			354
Software maintenance	—		282		1		2			285
License and termination fees	12		98		40		—			150
Output solutions postage	—		—		—		433			433
Other	28		104		45		(2		)	175
Total Revenue	$	2,624	$	1,432	$	2,706	$	472		$	7,234

(In millions)	Reportable Segments
Six Months Ended June 30, 2019	Fintech		Payments		Corporate and Other		Total
Type of Revenue
Processing	$	684	$	1,027	$	89	$	1,800
Hardware, print and card production	23		150		—		173
Professional services	238		49		4		291
Software maintenance	286		1		8		295
License and termination fees	120		31		—		151
Output solutions postage	—		—		144		144
Other	105		55		—		160
Total Revenue	$	1,456	$	1,313	$	245	$	3,014

Contract with customer, asset and liabilities

The following table provides information about contract assets and contract liabilities from contracts with customers.

(In millions)	June 30, 2020		December 31, 2019
Contract assets	$	387	$	382
Contract liabilities	640		647

Schedule of remaining performance obligations

The following table includes estimated processing, services and product revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at June 30, 2020:

(In millions)
Year ending December 31,
Remainder of 2020	$	980
2021	1,724
2022	1,340
2023	1,032
Thereafter	1,956