Total System Services, Inc. (TSS) financial statements (2021 and earlier)

Company profile

Business Address 1600 FIRST AVENUE
COLUMBUS, GA 31901
State of Incorp. GA
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)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments471450425389289278248
Cash and cash equivalents471450425389289278248
Receivables470454433366283264247
Prepaid expense486584383542
Contract with customer, asset31
Disposal group, including discontinued operation    4  
Prepaid expense and other current assets70
Deferred tax assets   25151510
Other current assets767063504941
Other undisclosed current assets454017151413 
Total current assets:1,1411,0791,023883691654575
Noncurrent Assets
Property, plant and equipment383325282290291265260
Long-term investments and receivables1811641111061009488
Long-term investments1811641111061009488
Intangible assets, net (including goodwill)5,7144,5924,1781,8741,9522,025648
Goodwill4,1153,2643,2711,5451,5471,543518
Intangible assets, net (excluding goodwill)1,5991,328907328404481130
Contract with customer, asset, net48
Other noncurrent assets117124107979188
Prepaid expense and other noncurrent assets59
Deferred tax assets, net86412 (205)(223)(43)
Other undisclosed noncurrent assets(122)41253658814783436
Total noncurrent assets:6,3285,2525,3433,0253,0433,0331,449
TOTAL ASSETS:7,4696,3326,3663,9083,7343,6872,024
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities171144106119129106132
Accounts payable98623952493663
Accrued liabilities    242431
Employee-related liabilities73826867383926
Taxes payable     611
Interest and dividends payable    19  
Debt295665154515741
Due to related parties    0  
Disposal group, including discontinued operation    4  
Deferred revenue and credits   423729
Contract with customer, liability47
Other liabilities268279263167155165100
Other undisclosed current liabilities    (84)(67)(71)
Total current liabilities:516989420339297297231
Noncurrent Liabilities
Long-term debt and lease obligation3,8902,6283,3131,3841,4051,436192
Long-term debt, excluding current maturities3,8432,5923,3121,3801,3981,428175
Capital lease obligations4636147817
Liabilities, other than long-term debt47835889308310312117
Contract with customer, liability21
Deferred tax liabilities, net380238 21121222948
Other liabilities761208997988369
Other undisclosed noncurrent liabilities  4206   
Total noncurrent liabilities:4,3672,9863,8221,6971,7151,747309
Total liabilities:4,8833,9754,2422,0362,0112,044539
Temporary equity, carrying amount 1162423   
Stockholders' equity
Stockholders' equity attributable to parent2,5862,2412,1001,8431,6931,5811,425
Common stock20202020202020
Treasury stock, value(1,043)(910)(646)(642)(453)(327)(287)
Additional paid in capital190163280242171166142
Accumulated other comprehensive income (loss)(60)(36)(56)(34)(12)41
Retained earnings3,4793,0042,5022,2561,9661,7181,549
Stockholders' equity attributable to noncontrolling interest   672120
Total stockholders' equity:2,5862,2412,1001,8491,7001,6021,445
Other undisclosed liabilities and equity    224040
TOTAL LIABILITIES AND EQUITY:7,4696,3326,3663,9083,7343,6872,024

Income statement (P&L) ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues4,0284,9284,1702,7802,4472,1321,871
Revenue, net 3,042 000
Cost of revenue(2,492)(3,577)(2,993)(1,855)(1,669)(1,436)(1,262)
Gross profit:1,5361,3511,177924778696609
Operating expenses(3,205)(4,194)(3,597)(2,245)(2,015)(1,746)(422)
Other undisclosed operating income2,4923,5772,9931,8551,6691,436171
Operating income:823734573534432386358
Nonoperating expense(163)(116)(112)(37)(1)(1)(3)
Investment income, nonoperating  1888  
Foreign currency transaction gain (loss), before tax0(1)2(0)(1)  
Interest and debt expense(163)(4)(14)(2)(2)  
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes1634142(36)(29) 
Income from continuing operations before equity method investments, income taxes:660618461497393356355
Income from equity method investments45412622181310
Income from continuing operations before income taxes:705658487519411369365
Income tax expense(127)(66)(161)(151)(130)(112)(115)
Other undisclosed loss from continuing operations    (0)  
Income from continuing operations:578592326368281257250
Income from discontinued operations   149  
Net income:578592326369329257250
Net loss attributable to noncontrolling interest(1)(6)(6)(5)(7)(12)(6)
Net income attributable to parent:577586320364323245244
Other undisclosed net loss available to common stockholders, basic(0)(1)     
Net income available to common stockholders, basic:576585320364323245244
Other undisclosed net income available to common stockholders, diluted01     
Net income available to common stockholders, diluted:577586320364323245244

Comprehensive Income ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:578592326369329257250
Other comprehensive income (loss)(26)20(23)(22)(16)(0)1
Comprehensive income:552612303347313256250
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)(6)(6)(5)(6)9(4)
Other undisclosed comprehensive loss, net of tax, attributable to parent     (18) 
Comprehensive income, net of tax, attributable to parent:550606297342307247246

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.

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