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Revenue from Contracts with Customers Accounted for in Accordance with ASC 606 (Tables)
3 Months Ended
Mar. 31, 2022
Revenue From Contract With Customer [Abstract]  
Summary of Disaggregation of Revenue from Contracts with Customers Accounted Under ASC 606

The following tables illustrate the disaggregation of revenue from contracts accounted for under ASC 606 with customers according to service type and client type by reportable operating segment.

Revenue by Service Type

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

(Dollars in millions)

 

Federal Education Loans

 

 

Business Processing

 

 

Total Revenue

 

 

Federal Education Loans

 

 

Business Processing

 

 

Total Revenue

 

Federal Education Loan

   asset recovery services

 

$

1

 

 

$

 

 

$

1

 

 

$

5

 

 

$

 

 

$

5

 

Government services

 

 

 

 

 

49

 

 

 

49

 

 

 

 

 

 

63

 

 

 

63

 

Healthcare services

 

 

 

 

 

45

 

 

 

45

 

 

 

 

 

 

62

 

 

 

62

 

Total

 

$

1

 

 

$

94

 

 

$

95

 

 

$

5

 

 

$

125

 

 

$

130

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue by Client Type

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

(Dollars in millions)

 

Federal Education Loans

 

 

Business Processing

 

 

Total Revenue

 

 

Federal Education Loans

 

 

Business Processing

 

 

Total Revenue

 

Federal government

 

$

 

 

$

2

 

 

$

2

 

 

$

1

 

 

$

8

 

 

$

9

 

Guarantor agencies

 

 

1

 

 

 

 

 

 

1

 

 

 

4

 

 

 

 

 

 

4

 

Other institutions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State and local government

 

 

 

 

 

33

 

 

 

33

 

 

 

 

 

 

42

 

 

 

42

 

Tolling authorities

 

 

 

 

 

14

 

 

 

14

 

 

 

 

 

 

13

 

 

 

13

 

Hospitals and other

   healthcare providers

 

 

 

 

 

45

 

 

 

45

 

 

 

 

 

 

62

 

 

 

62

 

Total

 

$

1

 

 

$

94

 

 

$

95

 

 

$

5

 

 

$

125

 

 

$

130