Revisions of Previously Issued Financial Statements

3 Months Ended

Mar. 31, 2021

Accounting Changes and Error Corrections [Abstract]

Revisions of Previously Issued Financial Statements

16. REVISIONS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

During 2020, the Company determined there were errors in its previously issued Condensed Consolidated Statements of Cash Flows related to the business activities that commenced upon the acquisition of JetPay Corporation (JetPay) in December 2018. As a result of these errors, the Company's cash, cash equivalents and restricted cash within the Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2020, was understated.

The revision for the Condensed Consolidated Statement of Cash Flows for the three months ended March 31, 2020 is reflected within the accompanying Condensed Consolidated Financial Statements. The changes reflected in our Condensed Consolidated Statement of Cash Flows for the three months ended March 31, 2020 are reflected in the tables below:

	For the three months ended March 31, 2020
In millions	As Reported		Adjustment		As Revised
Increase (decrease) in other assets and liabilities	$	(90)	$	(7)	$	(97)
Net cash provided by (used in) operating activities	$	61	$	(7)	$	54
Increase (decrease) in Cash, cash equivalents and restricted cash	$	717	$	(7)	$	710
Cash, cash equivalents and restricted cash at the beginning of the period	$	548	$	15	$	563
Cash, cash equivalents and restricted cash at the end of the period	$	1,265	$	8	$	1,273