Business Segment Information

9 Months Ended

Sep. 30, 2011

Business Segment Information [Abstract]

Business Segment Information

13. Business Segment Information

The Company's operations are comprised of the Payments and Industry Products ("Payments") segment, the Financial Institution Services ("Financial") segment, and the Corporate and Other segment. The Payments segment primarily provides electronic bill payment and presentment services and debit and other card-based payment products and services to meet the electronic transaction processing needs of the financial services industry. The businesses in this segment also provide Internet banking, investment account processing services for separately managed accounts, card and print personalization services, and fraud and risk management products and services. The Financial segment provides banks, thrifts and credit unions with account processing services, item processing services, loan origination and servicing products, cash management and consulting services, and other products and services that support numerous types of financial transactions. The Corporate and Other segment primarily consists of unallocated corporate expenses, amortization of acquisition-related intangible assets and intercompany eliminations.

(In millions)	Payments		Financial		Corporate and Other			Total
Three Months Ended September 30, 2011
Processing and services revenue	$	439	$	446	$	(3	)	$	882
Product revenue		148		41		(8	)		181
Total revenue	$	587	$	487	$	(11	)	$	1,063
Operating income	$	162	$	143	$	(62	)	$	243
Three Months Ended September 30, 2010
Processing and services revenue	$	413	$	445	$	—		$	858
Product revenue		135		41		(9	)		167
Total revenue	$	548	$	486	$	(9	)	$	1,025
Operating income	$	159	$	143	$	(51	)	$	251
Nine Months Ended September 30, 2011
Processing and services revenue	$	1,287	$	1,348	$	(7	)	$	2,628
Product revenue		459		116		(27	)		548
Total revenue	$	1,746	$	1,464	$	(34	)	$	3,176
Operating income	$	482	$	435	$	(202	)	$	715
Nine Months Ended September 30, 2010
Processing and services revenue	$	1,216	$	1,327	$	2		$	2,545
Product revenue		411		118		(19	)		510
Total revenue	$	1,627	$	1,445	$	(17	)	$	3,055
Operating income	$	458	$	430	$	(148	)	$	740

Goodwill in the Payments and Financial segments was $3.4 billion and $1.3 billion, respectively, as of September 30, 2011 and was $3.1 billion and $1.3 billion, respectively, as of December 31, 2010. The increase in goodwill in the Payments segment during 2011 is primarily the result of the acquisitions described in Note 2. In September 2011, the Financial Accounting Standards Board issued guidance permitting entities to assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test. This new guidance is effective for the Company on January 1, 2012, and the adoption of this guidance is not expected to impact the Company's financial position or results of operations.