v3.26.1
Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Total Purchase Price
The total purchase price was as follows (in millions):

Cash Consideration$7,695 
2026 Worldpay Minority Interest Sale
5,762 
Share-based Consideration
16 
Total purchase price$13,473 
In the Corporate and Other segment, the Company recorded acquisition, integration and other costs comprised of the following (in millions):
Three months endedSix months ended
June 30,June 30,
20262025 (1)20262025 (1)
M&A transaction and integration expenses$63 $71 $118 $102 
Enterprise transformation initiatives172 64 265 178 
Other2 17 3 26 
Total (2)$237 $152 $386 $306 
(1)2025 amounts have been reclassified to conform to current-period presentation.
(2)During the three and six months ended June 30, 2026 and 2025, the Company incurred severance and related termination benefit costs totaling $107 million and $135 million and $46 million and $105 million, respectively, related primarily to its enterprise transformation initiatives and made corresponding cash payments of $21 million and $67 million and $38 million and $78 million, respectively. These amounts are included in Selling, general, and administrative expenses in the consolidated statements of earnings (loss). These costs are accounted for in accordance with ASC 712, Compensation–Nonretirement Postemployment Benefits. The Company continues to evaluate its organizational structure and expects to incur additional severance costs in the second half of 2026.
Schedule of Preliminary Purchase Price Allocation
The preliminary purchase price allocation as of June 30, 2026, is as follows (in millions):

Cash acquired
$147 
Trade receivables
316 
Prepaid expenses and other current assets, including settlement assets and other receivables265 
Property and equipment, net445 
Goodwill
6,997 
Intangible assets
3,615 
Software2,282 
Other noncurrent assets
193 
Accounts payable, accrued and other liabilities, including settlement payables(427)
Deferred revenue(49)
Current portion of long-term debt(79)
Long-term debt, excluding current portion(31)
Deferred income taxes(82)
Other non-current liabilities(119)
Total purchase price$13,473 
Schedule of Business Combination, Pro Forma Information
Pursuant to ASC 805, the Company's unaudited supplemental pro forma results of operations for the three and six months ended June 30, 2026 and 2025, assuming the Issuer Solutions Acquisition had occurred as of January 1, 2025, are presented below (in millions):

Three months ended June 30,Six months ended June 30,
2026202520262025
Revenue$3,377 $3,231 $6,727 $6,361 
Net earnings (loss) attributable to FIS
$261 $65 $448 $2,250