Subsidiary Guarantors of Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2015

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Statement of Income and Comprehensive Income

Condensed Consolidating Statement of Income and Comprehensive Income

Three Months Ended March 31, 2015

(In millions)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue:
Processing and services	$	—		$	795		$	316		$	(44	)	$	1,067
Product		—			205			25			(22	)		208
Total revenue		—			1,000			341			(66	)		1,275
Expenses:
Cost of processing and services		—			398			188			(44	)		542
Cost of product		—			178			25			(22	)		181
Selling, general and administrative		19			161			58			—			238
Total expenses		19			737			271			(66	)		961
Operating income (loss)		(19	)		263			70			—			314
Interest expense		(35	)		(5	)		—			—			(40	)
Income (loss) from continuing operations before income taxes and income from investment in unconsolidated affiliate		(54	)		258			70			—			274
Income tax (provision) benefit		23			(94	)		(25	)		—			(96	)
Income from investment in unconsolidated affiliate		—			—			—			—			—
Equity in earnings of consolidated affiliates		209			—			—			(209	)		—
Income from continuing operations		178			164			45			(209	)		178
Income (loss) from discontinued operations, net of income taxes		—			—			—			—			—
Net income	$	178		$	164		$	45		$	(209	)	$	178
Comprehensive income	$	170		$	164		$	35		$	(199	)	$	170

Condensed Consolidating Statement of Income and Comprehensive Income

Three Months Ended March 31, 2014

(In millions)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue:
Processing and services	$	—		$	755		$	315		$	(43	)	$	1,027
Product		—			205			21			(19	)		207
Total revenue		—			960			336			(62	)		1,234
Expenses:
Cost of processing and services		—			396			188			(43	)		541
Cost of product		—			174			25			(19	)		180
Selling, general and administrative		20			165			57			—			242
Total expenses		20			735			270			(62	)		963
Operating income (loss)		(20	)		225			66			—			271
Interest expense		(32	)		(7	)		(2	)		—			(41	)
Income (loss) from continuing operations before income taxes and income from investment in unconsolidated affiliate		(52	)		218			64			—			230
Income tax (provision) benefit		37			(80	)		(23	)		—			(66	)
Income from investment in unconsolidated affiliate		—			4			—			—			4
Equity in earnings of consolidated affiliates		183			—			—			(183	)		—
Income from continuing operations		168			142			41			(183	)		168
Income (loss) from discontinued operations, net of income taxes		—			—			—			—			—
Net income	$	168		$	142		$	41		$	(183	)	$	168
Comprehensive income	$	174		$	142		$	43		$	(185	)	$	174

Condensed Consolidating Balance Sheet

Condensed Consolidating Balance Sheet

March 31, 2015

(In millions)	Parent Company		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Assets
Cash and cash equivalents	$	25	$	71	$	200	$	—		$	296
Trade accounts receivable, net		—		503		262		—			765
Prepaid expenses and other current assets		47		232		158		—			437
Total current assets		72		806		620		—			1,498
Due from consolidated affiliates		—		2,559		723		(3,282	)		—
Investments in consolidated affiliates		11,157		—		—		(11,157	)		—
Intangible assets, net		22		1,715		237		—			1,974
Goodwill		—		4,154		1,050		—			5,204
Other long-term assets		34		522		103		—			659
Total assets	$	11,285	$	9,756	$	2,733	$	(14,439	)	$	9,335
Liabilities and Shareholders’ Equity
Accounts payable and accrued expenses	$	175	$	571	$	190	$	—		$	936
Current maturities of long-term debt		90		5		—		—			95
Deferred revenue		—		273		197		—			470
Total current liabilities		265		849		387		—			1,501
Long-term debt		3,750		7		—		—			3,757
Due to consolidated affiliates		3,282		—		—		(3,282	)		—
Other long-term liabilities		770		43		46		—			859
Total liabilities		8,067		899		433		(3,282	)		6,117
Total shareholders’ equity		3,218		8,857		2,300		(11,157	)		3,218
Total liabilities and shareholders’ equity	$	11,285	$	9,756	$	2,733	$	(14,439	)	$	9,335

Condensed Consolidating Balance Sheet

December 31, 2014

(In millions)	Parent Company		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Assets
Cash and cash equivalents	$	21	$	80	$	193	$	—		$	294
Trade accounts receivable, net		—		510		288		—			798
Prepaid expenses and other current assets		48		209		137		—			394
Total current assets		69		799		618		—			1,486
Due from consolidated affiliates		—		2,467		670		(3,137	)		—
Investments in consolidated affiliates		10,987		—		—		(10,987	)		—
Intangible assets, net		23		1,734		246		—			2,003
Goodwill		—		4,154		1,055		—			5,209
Other long-term assets		36		496		107		—			639
Total assets	$	11,115	$	9,650	$	2,696	$	(14,124	)	$	9,337
Liabilities and Shareholders’ Equity
Accounts payable and accrued expenses	$	119	$	586	$	200	$	—		$	905
Current maturities of long-term debt		90		2		—		—			92
Deferred revenue		—		285		204		—			489
Total current liabilities		209		873		404		—			1,486
Long-term debt		3,707		4		—		—			3,711
Due to consolidated affiliates		3,137		—		—		(3,137	)		—
Other long-term liabilities		767		31		47		—			845
Total liabilities		7,820		908		451		(3,137	)		6,042
Total shareholders’ equity		3,295		8,742		2,245		(10,987	)		3,295
Total liabilities and shareholders’ equity	$	11,115	$	9,650	$	2,696	$	(14,124	)	$	9,337

Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows

Three Months Ended March 31, 2015

(In millions)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash provided by operating activities from continuing operations	$	88		$	190		$	68		$	—		$	346
Cash flows from investing activities:
Capital expenditures, including capitalization of software costs		—			(71	)		(19	)		—			(90	)
Other investing activities		—			(133	)		(42	)		175			—
Net cash used in investing activities from continuing operations		—			(204	)		(61	)		175			(90	)
Cash flows from financing activities:
Debt proceeds		422			8			—			—			430
Debt repayments		(378	)		(3	)		—			—			(381	)
Proceeds from issuance of treasury stock		28			—			—			—			28
Purchases of treasury stock, including employee shares withheld for tax obligations		(331	)		—			—			—			(331	)
Other financing activities		175			—			—			(175	)		—
Net cash (used in) provided by financing activities from continuing operations		(84	)		5			—			(175	)		(254	)
Net change in cash and cash equivalents from continuing operations		4			(9	)		7			—			2
Net cash flows from (to) discontinued operations		—			—			—			—			—
Beginning balance		21			80			193			—			294
Ending balance	$	25		$	71		$	200		$	—		$	296

Condensed Consolidating Statement of Cash Flows

Three Months Ended March 31, 2014

(In millions)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash provided by operating activities from continuing operations	$	59		$	166		$	67		$	—		$	292
Cash flows from investing activities:
Capital expenditures, including capitalization of software costs		(2	)		(48	)		(20	)		—			(70	)
Other investing activities		—			(103	)		(46	)		149			—
Net cash used in investing activities from continuing operations		(2	)		(151	)		(66	)		149			(70	)
Cash flows from financing activities:
Debt proceeds		62			—			—			—			62
Debt repayments		(62	)		—			—			—			(62	)
Proceeds from issuance of treasury stock		12			—			—			—			12
Purchases of treasury stock, including employee shares withheld for tax obligations		(335	)		—			—			—			(335	)
Other financing activities		157			—			—			(149	)		8
Net cash used in financing activities from continuing operations		(166	)		—			—			(149	)		(315	)
Net change in cash and cash equivalents from continuing operations		(109	)		15			1			—			(93	)
Net cash flows from (to) discontinued operations		—			—			—			—			—
Beginning balance		139			76			185			—			400
Ending balance	$	30		$	91		$	186		$	—		$	307