Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2021

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 majority of the Company’s revenue is earned domestically, with revenue generated outside the United States comprising approximately 14% and 12% of total revenue for the three months ended June 30, 2021 and 2020, respectively, and 13% of total revenue for each of the six months ended June 30, 2021 and 2020.

(In millions)	Reportable Segments
Three Months Ended June 30, 2021	Acceptance		Fintech		Payments		Corporate and Other		Total
Type of Revenue
Processing	$	1,420	$	385	$	1,122	$	10	$	2,937
Hardware, print and card production	214		12		199		—		425
Professional services	9		115		66		—		190
Software maintenance	—		139		2		—		141
License and termination fees	11		50		14		—		75
Output solutions postage	—		—		—		202		202
Other	12		53		18		(2)		81
Total Revenue	$	1,666	$	754	$	1,421	$	210	$	4,051

(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
Six Months Ended June 30, 2021	Acceptance		Fintech		Payments		Corporate and Other		Total
Type of Revenue
Processing	$	2,598	$	763	$	2,199	$	22	$	5,582
Hardware, print and card production	404		23		431		—		858
Professional services	18		226		129		—		373
Software maintenance	—		278		4		—		282
License and termination fees	21		88		27		—		136
Output solutions postage	—		—		—		407		407
Other	22		112		36		(2)		168
Total Revenue	$	3,063	$	1,490	$	2,826	$	427	$	7,806

(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

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, 2021		December 31, 2020
Contract assets	$	500	$	433
Contract liabilities	705		733

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, 2021:

(In millions)
Year Ending December 31,
Remainder of 2021	$	1,020
2022	1,868
2023	1,565
2024	1,190
Thereafter	2,105