Business Segment Information

6 Months Ended

Jun. 30, 2012

Business Segment Information

9. 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, debit and other card-based payment products and services, internet and mobile banking software and services, and other electronic payments software and services including account-to-account transfers and person-to-person payments. The businesses in this segment also provide 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 and source capture 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 June 30, 2012
Processing and services revenue	$	451	$	469	$	(3	)	$	917
Product revenue		158		33		(8	)		183
Total revenue	$	609	$	502	$	(11	)	$	1,100
Operating income	$	160	$	163	$	(64	)	$	259
Three Months Ended June 30, 2011
Processing and services revenue	$	429	$	458	$	(3	)	$	884
Product revenue		150		39		(8	)		181
Total revenue	$	579	$	497	$	(11	)	$	1,065
Operating income	$	164	$	153	$	(66	)	$	251
Six Months Ended June 30, 2012
Processing and services revenue	$	897	$	934	$	(5	)	$	1,826
Product revenue		331		69		(18	)		382
Total revenue	$	1,228	$	1,003	$	(23	)	$	2,208
Operating income	$	321	$	314	$	(135	)	$	500
Six Months Ended June 30, 2011
Processing and services revenue	$	848	$	902	$	(4	)	$	1,746
Product revenue		311		75		(19	)		367
Total revenue	$	1,159	$	977	$	(23	)	$	2,113
Operating income	$	320	$	292	$	(140	)	$	472

Goodwill in the Payments and Financial segments was $3.4 billion and $1.3 billion, respectively, as of June 30, 2012 and December 31, 2011.