v3.25.2
BUSINESS DISPOSITIONS AND DISCONTINUED OPERATIONS (Tables)
6 Months Ended
Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Income (Loss), Assets And Liabilities And Capital Expenditures Of Discontinued Operations
The following table presents the major classes of line items constituting income from discontinued operations, net of tax, in our consolidated statements of income for the three and six months ended June 30, 2025 and 2024:

Three Months EndedSix Months Ended
June 30, 2025June 30, 2024June 30, 2025June 30, 2024
Revenues$639,885 $613,508 $1,260,614 $1,216,243 
Operating expenses:
Cost of service301,191 443,921 745,999 878,122 
Selling, general and administrative85,557 72,352 170,690 148,225 
Impairment of goodwill33,225 — 33,225 — 
419,973 516,273 949,914 1,026,347 
Operating income219,912 97,235 310,700 189,896 
Interest and other income1,079 1,104 2,428 2,025 
Interest and other expense(6,471)(10,949)(15,424)(18,739)
(5,392)(9,845)(12,996)(16,714)
Income from discontinued operations before income taxes and equity in income of equity method investments214,520 87,390 297,704 173,182 
Income tax expense180,568 13,145 194,329 25,834 
Income from discontinued operations before equity in income of equity method investments33,952 74,245 103,375 147,348 
Equity in income of equity method investments51 58 89 91 
Income from discontinued operations, net of tax34,003 74,303 103,464 147,439 
Income from discontinued operations attributable to noncontrolling interests(1,148)(864)(1,956)(1,519)
Income from discontinued operations attributable to Global Payments$32,855 $73,439 $101,508 $145,920 
The following table presents the carrying amounts of the major classes of assets and liabilities of discontinued operations as of June 30, 2025 and December 31, 2024:

June 30, 2025December 31, 2024
Cash and cash equivalents$182,236 $181,982 
Accounts receivable, net339,443 299,434 
Prepaid expenses and other current assets367,051 461,412 
Current assets of discontinued operations888,730 942,828 
Goodwill9,505,486 9,508,786 
Other intangible assets, net4,260,730 4,404,561 
Property and equipment, net1,047,813 882,784 
Other noncurrent assets649,509 641,995 
Noncurrent assets of discontinued operations15,463,538 15,438,126 
Accounts payable and accrued liabilities518,845 595,857 
Current liabilities of discontinued operations518,845 595,857 
Deferred income taxes243,862 258,764 
Other noncurrent liabilities238,942 185,700 
Noncurrent liabilities of discontinued operations482,804 444,464 
The following table presents selected items affecting the statements of cash flows:
Six Months Ended
June 30, 2025June 30, 2024
Depreciation and amortization of property and equipment$34,448 $61,706 
Amortization of acquired intangibles156,824 267,427 
Goodwill impairment33,225 — 
Capital expenditures112,353 83,353