Business Segment Information

3 Months Ended

Mar. 31, 2013

Business Segment Information

12. Business Segment Information

The Company’s operations are comprised of the Payments segment and the Financial 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, intercompany eliminations and other costs that are not considered when management evaluates segment performance.

					Corporate
(In millions)	Payments		Financial		and Other			Total
Three Months Ended March 31, 2013
Processing and services revenue	$	453	$	516	$	(3	)	$	966
Product revenue		164		33		(11	)		186
Total revenue	$	617	$	549	$	(14	)	$	1,152
Operating income	$	166	$	161	$	(116	)	$	211
Three Months Ended March 31, 2012
Processing and services revenue	$	435	$	465	$	(2	)	$	898
Product revenue		173		36		(10	)		199
Total revenue	$	608	$	501	$	(12	)	$	1,097
Operating income	$	158	$	151	$	(70	)	$	239

Goodwill in the Payments segment was $3.4 billion as of March 31, 2013 and December 31, 2012. Goodwill in the Financial segment was $1.8 billion and $1.3 billion as of March 31, 2013 and December 31, 2012, respectively.