Equity (Tables)

3 Months Ended

Mar. 31, 2021

The following tables provide changes in equity during the three months ended March 31, 2021 and 2020:



	Fiserv, Inc. Shareholders’ Equity

Three Months Ended March 31, 2021	Number of Shares		Amount
(In millions)	Common Shares	Treasury Shares	Common Stock		Additional Paid-In Capital		Accumulated Other Comprehensive Loss		Retained Earnings		Treasury Stock		Noncontrolling Interests		Total Equity

Balance at December 31, 2020	789	121	$	8	$	23,643	$	(387)	$	13,441	$	(4,375)	$	740	$	33,070
Net income (1)									304				4		308




Other comprehensive loss							(149)						(9)		(158)

Share-based compensation					66										66
Shares issued under stock plans		(3)			(187)						99				(88)
Purchases of treasury stock		5									(612)				(612)

Balance at March 31, 2021	789	123	$	8	$	23,522	$	(536)	$	13,745	$	(4,888)	$	735	$	32,586

(1)The total net income presented in equity for the three months ended March 31, 2021 is different than the amount presented in the consolidated statement of income due to the net income attributable to redeemable noncontrolling interests of $10 million not included in equity.



	Fiserv, Inc. Shareholders’ Equity

Three Months Ended March 31, 2020	Number of Shares		Amount
(In millions)	Common Shares	Treasury Shares	Common Stock		Additional Paid-In Capital		Accumulated Other Comprehensive Loss		Retained Earnings		Treasury Stock				Total Equity
													Noncontrolling Interests
Balance at December 31, 2019	791	112	$	8	$	23,741	$	(180)	$	12,528	$	(3,118)	$	1,616	$	34,595

Net income (loss) (1)									392				(24)		368
Measurement period adjustments related to First Data acquisition (3)													(122)		(122)
Distributions paid to noncontrolling interests (2)													(14)		(14)
Other comprehensive loss							(631)						(12)		(643)

Share-based compensation					108										108
Shares issued under stock plans		(3)			(156)						81				(75)
Purchases of treasury stock		8									(885)				(885)
Cumulative-effect adjustment of ASU 2016-13 adoption									(45)						(45)
Balance at March 31, 2020	791	117	$	8	$	23,693	$	(811)	$	12,875	$	(3,922)	$	1,444	$	33,287

(1)The total net income presented in equity for the three months ended March 31, 2020 is different than the amount presented in the consolidated statement of income due to the net income attributable to redeemable noncontrolling interests of $9 million not included in equity.

(2)The total distributions presented in equity for the three months ended March 31, 2020 excludes $12 million in distributions paid to redeemable noncontrolling interests not included in equity.

(3)During the three months ended March 31, 2020, the Company identified and recorded measurement period adjustments to the preliminary purchase price allocation related to the acquisition of First Data. Accordingly, a measurement period adjustment was

recorded to reduce the fair value of noncontrolling interests based on changes to the fair value of the underlying customer relationship intangible assets and the incorporation of additional facts and circumstances that existed as of the acquisition date. Additional information about measurement period adjustments identified and recorded by the Company related to the First Data acquisition is included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020.