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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue:        
Processing and services $ 1,125 $ 1,063 $ 3,301 $ 3,141
Product 188 200 585 609
Total revenue 1,313 1,263 3,886 3,750
Expenses:        
Cost of processing and services 541 537 1,625 1,610
Cost of product 172 168 521 519
Selling, general and administrative 258 243 758 728
Total expenses 971 948 2,904 2,857
Operating income 342 315 982 893
Interest expense (41) (41) (131) (123)
Interest and investment income 0 0 1 1
Loss on early debt extinguishment 0 0 (85) 0
Income from continuing operations before income taxes and income from investment in unconsolidated affiliate 301 274 767 771
Income tax provision (117) (120) (279) (287)
Income from investment in unconsolidated affiliate 34 85 35 89
Income from continuing operations 218 239 523 573
Income (loss) from discontinued operations, net of income taxes 0 0 0 0
Net income $ 218 $ 239 $ 523 $ 573
Net income per share – basic:        
Continuing operations (in dollars per share) $ 0.94 $ 0.96 $ 2.22 $ 2.29
Discontinued operations (in dollars per share) 0.00 0.00 0.00 0.00
Total (in dollars per share) 0.94 0.96 2.22 2.29
Net income per share – diluted:        
Continuing operations (in dollars per share) 0.92 0.95 2.18 2.25
Discontinued operations (in dollars per share) 0.00 0.00 0.00 0.00
Total (in dollars per share) $ 0.92 $ 0.95 $ 2.18 $ 2.25
Shares used in computing net income per share:        
Basic (in shares) 232.9 247.6 236.0 250.5
Diluted (in shares) 237.0 251.8 240.1 254.6