Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 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%, 14% and 13% of total revenue for the years ended December 31, 2022, 2021 and 2020, respectively.

(In millions)	Reportable Segments
Year Ended December 31, 2022	Acceptance		Fintech		Payments		Corporate and Other		Total
Type of Revenue
Processing	$	6,226	$	1,608	$	4,709	$	22	$	12,565
Hardware, print and card production	918		42		1,036		—		1,996
Professional services	21		484		278		—		783
Software maintenance	—		553		24		—		577
License and termination fees	69		252		114		—		435
Output Solutions postage	—		—		—		989		989
Other	58		231		101		2		392
Total Revenue	$	7,292	$	3,170	$	6,262	$	1,013	$	17,737

(In millions)	Reportable Segments
Year Ended December 31, 2021	Acceptance		Fintech		Payments		Corporate and Other		Total
Type of Revenue
Processing	$	5,511	$	1,544	$	4,497	$	32	$	11,584
Hardware, print and card production	830		44		913		—		1,787
Professional services	43		471		265		—		779
Software maintenance	—		557		11		—		568
License and termination fees	47		186		65		—		298
Output Solutions postage	—		—		—		860		860
Other	48		220		82		—		350
Total Revenue	$	6,479	$	3,022	$	5,833	$	892	$	16,226

(In millions)	Reportable Segments
Year Ended December 31, 2020	Acceptance		Fintech		Payments		Corporate and Other		Total
Type of Revenue
Processing	$	4,696	$	1,426	$	4,348	$	58	$	10,528
Hardware, print and card production	714		51		771		—		1,536
Professional services	29		465		233		1		728
Software maintenance	—		563		3		2		568
License and termination fees	28		189		68		—		285
Output Solutions postage	—		—		—		864		864
Other	55		207		81		—		343
Total Revenue	$	5,522	$	2,901	$	5,504	$	925	$	14,852

Contract with customer, asset and liabilities

The following table provides information about contract assets and contract liabilities from contracts with customers at December 31:

(In millions)	2022		2021		2020
Contract assets	$	551	$	541	$	433
Contract liabilities	860		810		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 were unsatisfied (or partially unsatisfied) at December 31, 2022:

(In millions)
Year Ending December 31,
2023	$	2,276
2024	1,828
2025	1,393
2026	835
Thereafter	1,074

Capitalized sales commissions and conversion or implementation costs

Capitalized sales commissions and conversion or implementation costs were as follows at December 31:

(In millions)	2022		2021
Capitalized sales commissions	$	485	$	437
Capitalized conversion or implementation costs	420		374