Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Schedule of property and equipment

Property and equipment consisted of the following at December 31:

(In millions)	Estimated Useful Lives	2015			2014
Land	—	$	19		$	23
Data processing equipment	3 to 5 years	662			657
Buildings and leasehold improvements	5 to 40 years	253			209
Furniture and equipment	5 to 8 years	171			165
		1,105			1,054
Less: accumulated depreciation		(709		)	(737		)
Total		$	396		$	317

Schedule of intangible assets

Intangible assets consisted of the following at December 31:

(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Book Value
2015
Customer related intangible assets	$	2,155	$	922	$	1,233
Acquired software and technology	488		413		75
Trade names	120		53		67
Capitalized software development costs	575		199		376
Purchased software	256		135		121
Total	$	3,594	$	1,722	$	1,872
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Book Value
2014
Customer related intangible assets	$	2,155	$	797	$	1,358
Acquired software and technology	493		356		137
Trade names	120		46		74
Capitalized software development costs	574		240		334
Purchased software	234		134		100
Total	$	3,576	$	1,573	$	2,003

Schedule of changes in goodwill

The changes in goodwill during 2015 and 2014 were as follows:

(In millions)	Payments			Financial			Total
Goodwill - December 31, 2013	$	3,444		$	1,772		$	5,216
Foreign currency adjustments	(4		)	(3		)	(7		)
Goodwill - December 31, 2014	3,440			1,769			5,209
Foreign currency adjustments	(3		)	(6		)	(9		)
Goodwill - December 31, 2015	$	3,437		$	1,763		$	5,200

Schedule of accounts payable and accrued expenses

Accounts payable and accrued expenses consisted of the following at December 31:

(In millions)	2015		2014
Trade accounts payable	$	74	$	61
Client deposits	330		261
Settlement obligations	224		176
Accrued compensation and benefits	196		192
Other accrued expenses	200		215
Total	$	1,024	$	905

Schedule of changes in accumulated other comprehensive loss by component

Changes in accumulated other comprehensive loss by component, net of income taxes, consisted of the following:

(In millions)	Cash Flow Hedges			Foreign Currency Translation			Other			Total
Balance at December 31, 2014	$	(41	)	$	(20	)	$	(2	)	$	(63	)
Other comprehensive loss before reclassifications	—			(21		)	—			(21		)
Amounts reclassified from accumulated other comprehensive loss	10			—			—			10
Net current-period other comprehensive (loss) income	10			(21		)	—			(11		)
Balance at December 31, 2015	$	(31	)	$	(41	)	$	(2	)	$	(74	)

(In millions)	Cash Flow Hedges			Foreign Currency Translation			Other			Total
Balance at December 31, 2013	$	(49	)	$	(9	)	$	(2	)	$	(60	)
Other comprehensive loss before reclassifications	—			(11		)	—			(11		)
Amounts reclassified from accumulated other comprehensive loss	8			—			—			8
Net current-period other comprehensive (loss) income	8			(11		)	—			(3		)
Balance at December 31, 2014	$	(41	)	$	(20	)	$	(2	)	$	(63	)

Computation of shares used in calculating basic and diluted net income per share

The computation of shares used in calculating basic and diluted net income per share is as follows:

(In millions)	2015	2014	2013
Weighted-average common shares outstanding used for the calculation of net income per share - basic	233.9	248.6	262.4
Common stock equivalents	4.1	4.1	3.7
Weighted-average common shares outstanding used for the calculation of net income per share - diluted	238.0	252.7	266.1

Schedule of Supplemental Cash Flow Information

Supplemental Cash Flow Information

(In millions)	2015		2014		2013
Interest paid, including on assumed debt	$	150	$	144	$	165
Income taxes paid from continuing operations	306		336		299
Treasury stock purchases settled after the balance sheet date	15		19		9
Liabilities assumed in acquisitions of businesses	—		—		1,176