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Revenue Recognition (Tables)
 9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue The table below presents the Company’s revenue disaggregated by business line, including a reconciliation with its reportable segments. The Company’s disaggregation of revenue for the three and nine months ended September 30, 2023 has been recast to reflect the Segment Realignment. The Company serves its global client base by working among its geographic teams across various regions, including the U.S. and Canada; Europe, Middle East and Africa (“EMEA”); Latin America (“LATAM”); and Asia Pacific (“APAC”). The majority of the Company’s revenue is earned domestically, with revenue generated within its EMEA, LATAM and APAC regions comprising approximately 15% of total revenue for each of the three months ended September 30, 2024 and 2023, and 15% and 14% of total revenue for the nine months ended September 30, 2024 and 2023, respectively.
(In millions)
Three Months Ended September 30,Nine Months Ended September 30,
Revenue by Business Line
2024202320242023
Small Business$1,627 $1,492 $4,719 $4,201 
Enterprise558 478 1,563 1,410 
Processing284 289 850 850 
Total Merchant segment revenue
$2,469 $2,259 $7,132 $6,461 
Digital Payments
$987 $940 $2,894 $2,724 
Issuing
789 756 2,316 2,217 
Banking
636 606 1,866 1,829 
Total Financial segment revenue
$2,412 $2,302 $7,076 $6,770 
Corporate and Other$334 $312 $997 $945 
Total Revenue
$5,215 $4,873 $15,205 $14,176 
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, 2024December 31, 2023
Contract assets$821 $754 
Contract liabilities1,025 1,011 
Schedule of remaining performance obligations
The following table includes estimated processing and services revenue expected to be recognized in the future related to performance obligations that were unsatisfied (or partially unsatisfied) at September 30, 2024:
(In millions)
Year Ending December 31,
Remainder of 2024$632 
20252,283 
20261,739 
20271,226 
Thereafter1,412