Equity (Tables)

9 Months Ended

Sep. 30, 2022

The following tables provide changes in equity during the three and nine months ended September 30, 2022 and 2021:



	Fiserv, Inc. Shareholders’ Equity

Three Months Ended September 30, 2022	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 June 30, 2022	784	141	$	8	$	23,010	$	(1,005)	$	16,113	$	(7,017)	$	700	$	31,809
Net income (1)									481				5		486



Distributions paid to noncontrolling interests (2)													(1)		(1)


Other comprehensive loss							(534)						(48)		(582)


Share-based compensation					89										89
Shares issued under stock plans		(1)			(140)						71				(69)
Purchases of treasury stock		8									(750)				(750)



Balance at September 30, 2022	784	148	$	8	$	22,959	$	(1,539)	$	16,594	$	(7,696)	$	656	$	30,982

(1)The total net income presented in equity for the three months ended September 30, 2022 is different than the amount presented in the consolidated statement of income due to the net income attributable to redeemable noncontrolling interests of $7 million not included in equity.

(2)The total distributions presented in equity for the three months ended September 30, 2022 excludes $7 million in distributions paid to redeemable noncontrolling interests not included in equity.



	Fiserv, Inc. Shareholders’ Equity

Three Months Ended September 30, 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				Total Equity
													Noncontrolling Interests
Balance at June 30, 2021	784	123	$	8	$	22,960	$	(323)	$	14,014	$	(4,866)	$	739	$	32,532

Net income (1)									428				7		435


Distributions paid to noncontrolling interests (2)													—		—
Other comprehensive loss							(326)						(18)		(344)

Share-based compensation					63										63
Shares issued under stock plans		(2)			(49)						52				3
Purchases of treasury stock		3									(365)				(365)


Balance at September 30, 2021	784	124	$	8	$	22,974	$	(649)	$	14,442	$	(5,179)	$	728	$	32,324

(1)The total net income presented in equity for the three months ended September 30, 2021 is different than the amount presented in the consolidated statement of income due to the net income attributable to redeemable noncontrolling interests of $11 million not included in equity.

(2)The total distributions presented in equity for the three months ended September 30, 2021 excludes $12 million in distributions paid to redeemable noncontrolling interests and $8 million in distributions to Bank of America (“BANA”) related to the dissolution of the Company’s Banc of America Merchant Services joint venture (“BAMS”) not included in equity.



	Fiserv, Inc. Shareholders’ Equity

Nine Months Ended September 30, 2022	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, 2021	784	134	$	8	$	22,983	$	(745)	$	14,846	$	(6,140)	$	720	$	31,672
Net income (1)									1,748				14		1,762

Distributions paid to noncontrolling interests (2)													(2)		(2)

Other comprehensive loss							(794)						(89)		(883)

Share-based compensation					244										244
Shares issued under stock plans		(4)			(268)						194				(74)
Purchases of treasury stock		18									(1,750)				(1,750)

Capital contribution from noncontrolling interest													13		13
Balance at September 30, 2022	784	148	$	8	$	22,959	$	(1,539)	$	16,594	$	(7,696)	$	656	$	30,982

(1)The total net income presented in equity for the nine months ended September 30, 2022 is different than the amount presented in the consolidated statement of income due to the net income attributable to redeemable noncontrolling interests of $22 million not included in equity.

(2)The total distributions presented in equity for the nine months ended September 30, 2022 excludes $28 million in distributions paid to redeemable noncontrolling interests not included in equity.



	Fiserv, Inc. Shareholders’ Equity

Nine Months Ended September 30, 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				Total Equity
													Noncontrolling Interests
Balance at December 31, 2020	789	121	$	8	$	23,643	$	(387)	$	13,441	$	(4,375)	$	740	$	33,070


Net Income (1)									1,001				14		1,015


Distributions paid to noncontrolling interests (2)													(1)		(1)
Other comprehensive loss							(262)						(25)		(287)

Share-based compensation					190										190
Shares issued under stock plans		(5)			(271)						173				(98)
Purchases of treasury stock		13									(1,565)				(1,565)
Retirement of treasury stock (see Note 18)	(5)	(5)			(588)						588				—




Balance at September 30, 2021	784	124	$	8	$	22,974	$	(649)	$	14,442	$	(5,179)	$	728	$	32,324

(1)The total net income presented in equity for the nine months ended September 30, 2021 is different than the amount presented in the consolidated statement of income due to the net income attributable to redeemable noncontrolling interests of $33 million not included in equity.

(2)The total distributions presented in equity for the nine months ended September 30, 2021 excludes $32 million in distributions paid to redeemable noncontrolling interests and $8 million in distributions to BANA related to the BAMS dissolution not included in equity.