Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2022

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 U.S. comprising approximately 14% of total revenue for each of the three months ended September 30, 2022 and 2021, and the nine months ended September 30, 2022 and 2021.

(In millions)	Reportable Segments
Three Months Ended September 30, 2022	Acceptance		Fintech		Payments		Corporate and Other		Total
Type of Revenue
Processing	$	1,586	$	407	$	1,218	$	6	$	3,217
Hardware, print and card production	254		9		271		—		534
Professional services	5		119		74		—		198
Software maintenance	—		138		7		—		145
License and termination fees	15		36		19		—		70
Output Solutions postage	—		—		—		251		251
Other	18		57		28		—		103
Total revenue	$	1,878	$	766	$	1,617	$	257	$	4,518

(In millions)	Reportable Segments
Three Months Ended September 30, 2021	Acceptance		Fintech		Payments		Corporate and Other		Total
Type of Revenue
Processing	$	1,446	$	389	$	1,132	$	4	$	2,971
Hardware, print and card production	232		10		236		—		478
Professional services	12		124		66		—		202
Software maintenance	—		139		2		—		141
License and termination fees	12		45		16		—		73
Output Solutions postage	—		—		—		209		209
Other	14		54		19		2		89
Total revenue	$	1,716	$	761	$	1,471	$	215	$	4,163

(In millions)	Reportable Segments
Nine Months Ended September 30, 2022	Acceptance		Fintech		Payments		Corporate and Other		Total
Type of Revenue
Processing	$	4,649	$	1,210	$	3,486	$	18	$	9,363
Hardware, print and card production	694		28		744		—		1,466
Professional services	15		366		203		—		584
Software maintenance	—		415		18		—		433
License and termination fees	43		152		79		—		274
Output Solutions postage	—		—		—		712		712
Other	31		176		67		—		274
Total Revenue	$	5,432	$	2,347	$	4,597	$	730	$	13,106

(In millions)	Reportable Segments
Nine Months Ended September 30, 2021	Acceptance		Fintech		Payments		Corporate and Other		Total
Type of Revenue
Processing	$	4,044	$	1,152	$	3,331	$	26	$	8,553
Hardware, print and card production	636		33		667		—		1,336
Professional services	30		350		195		—		575
Software maintenance	—		417		6		—		423
License and termination fees	33		133		43		—		209
Output Solutions postage	—		—		—		616		616
Other	36		166		55		—		257
Total Revenue	$	4,779	$	2,251	$	4,297	$	642	$	11,969

Contract with customer, asset and liabilities

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

(In millions)	September 30, 2022		December 31, 2021
Contract assets	$	546	$	541
Contract liabilities	761		810

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 were unsatisfied (or partially unsatisfied) at September 30, 2022:

(In millions)
Year Ending December 31,
Remainder of 2022	$	649
2023	2,139
2024	1,694
2025	1,248
Thereafter	1,778