Fidelity National Information Services, Inc. (FIS) financial statements (2020 and earlier)
Company profile
| Business Address |
601 RIVERSIDE AVENUE JACKSONVILLE, FL 32204 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,305 | 703 | 665 | 683 | 688 | 493 | 548 | ||
| Cash and cash equivalents | 1,305 | 703 | 665 | 683 | 688 | 493 | 548 | ||
| Restricted cash and investments | 2,000 | 5 | |||||||
| Receivables | 3,065 | 1,472 | 1,650 | 1,639 | 1,732 | 1,160 | 1,024 | ||
| Contract with customer, asset | 153 | 123 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Disposal group, including discontinued operation | 863 | 7 | |||||||
| Deferred tax assets | ✕ | 101 | 100 | ||||||
| Other undisclosed current assets | 2,802 | 1,435 | 1,291 | 996 | 988 | 814 | 781 | ||
| Total current assets: | 9,325 | 3,733 | 3,606 | 4,282 | 3,511 | 2,473 | 2,352 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 521 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 811 | 587 | 610 | 626 | 611 | 483 | 439 | ||
| Intangible assets, net (including goodwill) | 67,973 | 16,677 | 17,680 | 18,842 | 19,904 | 10,146 | 9,839 | ||
| Goodwill | 51,890 | 13,545 | 13,730 | 14,178 | 14,745 | 8,878 | 8,500 | ||
| Intangible assets, net (excluding goodwill) | 16,083 | 3,132 | 3,950 | 4,664 | 5,159 | 1,268 | 1,339 | ||
| Contract with customer, asset, net | 91 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Capitalized contract cost, net | 588 | 475 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Regulated entity, other noncurrent assets | 45 | ||||||||
| Restricted cash and investments | 525 | ||||||||
| Deferred costs | 362 | 310 | 253 | 213 | 207 | ||||
| Other noncurrent assets | 1,996 | 503 | 531 | 363 | 406 | 312 | 267 | ||
| Deferred tax assets, net | ✕ | 32 | 30 | 25 | 23 | ||||
| Other undisclosed noncurrent assets | 1,979 | 1,672 | 1,698 | 1,583 | 1,561 | 893 | 811 | ||
| Total noncurrent assets: | 74,393 | 20,037 | 20,911 | 21,749 | 22,757 | 12,047 | 11,608 | ||
| TOTAL ASSETS: | 83,718 | 23,770 | 24,517 | 26,031 | 26,269 | 14,521 | 13,960 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,143 | 1,099 | 1,241 | 1,146 | 1,186 | 730 | 768 | ||
| Accounts payable | 687 | 776 | 512 | 535 | 187 | ||||
| Accrued liabilities | 201 | ||||||||
| Employee-related liabilities | 218 | 265 | 379 | 325 | 138 | ||||
| Taxes payable | 57 | 59 | 62 | ||||||
| Interest and dividends payable | 71 | 70 | 89 | 63 | 22 | ||||
| Settlement liabilities | 4,791 | 558 | ✕ | ||||||
| Other undisclosed accounts payable and accrued liabilities | (2,648) | 66 | 71 | 104 | 264 | (375) | 768 | ||
| Deferred revenue | 719 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 3,248 | 315 | 1,045 | 332 | 15 | 13 | 129 | ||
| Due to related parties | 9 | 13 | |||||||
| Disposal group, including discontinued operation | 279 | 4 | |||||||
| Deferred revenue and credits | ✕ | ✕ | 688 | 680 | 615 | 279 | 244 | ||
| Deferred tax liabilities | ✕ | 4 | 2 | 4 | 2 | ||||
| Contract with customer, liability | ✕ | 739 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 4,791 | 972 | 949 | 710 | 536 | 555 | 530 | ||
| Total current liabilities: | 10,901 | 3,125 | 3,923 | 3,151 | 2,364 | 1,599 | 1,673 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 16,945 | 8,670 | 7,718 | 10,146 | 11,498 | 5,055 | 4,340 | ||
| Long-term debt, excluding current maturities | 16,945 | 8,670 | 7,718 | 10,146 | 11,498 | 5,055 | 4,340 | ||
| Operating lease, liability | 425 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | (425) | ||||||||
| Liabilities, other than long-term debt | 6,660 | 1,753 | 1,932 | 2,889 | 3,000 | 1,176 | 1,176 | ||
| Deferred revenue and credits | ✕ | ✕ | 21 | 19 | 30 | 26 | 27 | ||
| Deferred revenue | 51 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Contract with customer, liability | ✕ | 67 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Deferred tax liabilities, net | ✕ | 1,360 | 1,508 | 2,484 | 2,658 | 874 | 824 | ||
| Deferred income tax liabilities | 4,198 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Due to related parties | 24 | 30 | |||||||
| Other liabilities | 2,411 | 326 | 403 | 386 | 288 | 245 | 325 | ||
| Other undisclosed noncurrent liabilities | 35 | ||||||||
| Total noncurrent liabilities: | 23,605 | 10,423 | 9,650 | 13,035 | 14,498 | 6,230 | 5,550 | ||
| Total liabilities: | 34,506 | 13,548 | 13,573 | 16,186 | 16,862 | 7,829 | 7,223 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 49,195 | 10,215 | 10,835 | 9,741 | 9,321 | 6,557 | 6,581 | ||
| Common stock | 6 | 4 | 4 | 4 | 4 | 4 | 4 | ||
| Treasury stock, value | (21) | (4,687) | (3,604) | (3,611) | (3,687) | (3,424) | (3,003) | ||
| Additional paid in capital | 45,063 | 10,800 | 10,534 | 10,380 | 10,210 | 7,337 | 7,248 | ||
| Accumulated other comprehensive loss | (391) | (430) | (332) | (331) | (279) | (107) | (10) | ||
| Retained earnings | 4,538 | 4,528 | 4,233 | 3,299 | 3,073 | 2,747 | 2,342 | ||
| Stockholders' equity attributable to noncontrolling interest | 17 | 7 | 109 | 104 | 86 | 135 | 157 | ||
| Total stockholders' equity: | 49,212 | 10,222 | 10,944 | 9,845 | 9,407 | 6,692 | 6,737 | ||
| TOTAL LIABILITIES AND EQUITY: | 83,718 | 23,770 | 24,517 | 26,031 | 26,269 | 14,521 | 13,960 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 9,158 | 8,423 | 9,123 | 9,241 | 6,595 | 6,691 | 6,367 | |
| Revenue, net | ✕ | ✕ | 9,123 | 9,241 | 6,595 | 6,691 | 6,367 | |
| Cost of revenue (Cost of Goods and Services Sold) | (6,000) | (5,569) | (6,181) | (6,233) | (4,393) | (4,333) | (4,086) | |
| Other undisclosed gross profit | (277) | (296) | ||||||
| Gross profit: | 3,158 | 2,854 | 2,942 | 3,008 | 2,202 | 2,081 | 1,985 | |
| Operating expenses | (1,843) | (1,396) | (1,450) | (1,710) | (1,103) | (891) | (959) | |
| Other undisclosed operating income | 80 | 38 | ||||||
| Operating income: | 1,315 | 1,458 | 1,492 | 1,298 | 1,099 | 1,271 | 1,064 | |
| Nonoperating income (expense) | 12 | (40) | (97) | 11 | 137 | (44) | (41) | |
| Investment income, nonoperating | 17 | 22 | 20 | 16 | 15 | 10 | ||
| Other nonoperating income (expense) | (8) | (57) | (119) | (9) | 121 | (60) | (51) | |
| Interest and debt expense | (317) | (314) | (359) | (403) | (199) | (173) | (213) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (14) | 14 | ||||||
| Income from continuing operations before equity method investments, income taxes: | 996 | 1,104 | 1,036 | 906 | 1,037 | 1,053 | 825 | |
| Loss from equity method investments | (20) | (15) | (3) | |||||
| Income from continuing operations before income taxes: | 976 | 1,089 | 1,033 | 906 | 1,037 | 1,053 | 825 | |
| Income tax expense (benefit) | (206) | (208) | 319 | (317) | (379) | (335) | (309) | |
| Income from continuing operations: | 770 | 881 | 1,352 | 589 | 658 | 718 | 516 | |
| Income (loss) from discontinued operations | 1 | 7 | (2) | |||||
| Income before gain (loss) on sale of properties: | 770 | 881 | 1,352 | 590 | 658 | 725 | 514 | |
| Other undisclosed net income (loss) | (7) | (18) | 4 | |||||
| Net income: | 770 | 881 | 1,352 | 590 | 651 | 707 | 518 | |
| Net loss attributable to noncontrolling interest | (16) | (35) | (33) | (22) | (19) | (28) | (25) | |
| Net income available to common stockholders, diluted: | 754 | 846 | 1,319 | 568 | 632 | 679 | 493 | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 770 | 881 | 1,352 | 590 | 651 | 707 | 518 | |
| Other comprehensive income (loss) | 46 | (116) | (2) | (34) | (205) | (108) | (57) | |
| Comprehensive income: | 816 | 765 | 1,350 | 556 | 446 | 599 | 461 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (8) | 18 | 1 | (19) | 32 | 11 | (17) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (12) | (35) | (33) | (22) | (19) | (28) | 10 | |
| Comprehensive income, net of tax, attributable to parent: | 796 | 748 | 1,318 | 515 | 459 | 582 | 453 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.