BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Reconciliation of Cash, Cash Equivalents, and Restricted Cash

The reconciliation of cash, cash equivalents and restricted cash in the Consolidated Statements of Cash Flows is as follows:

In millions	Balance Sheet Location	December 31, 2022		December 31, 2021		December 31, 2020
Cash and cash equivalents	Cash and cash equivalents	$	505	$	447	$	338
Short term restricted cash	Restricted cash	8		—		—
Long term restricted cash	Other assets	7		7		9
Funds held for client	Restricted cash	—		48		44
Cash included in settlement processing assets	Restricted cash	220		247		15
Total cash, cash equivalents and restricted cash		$	740	$	749	$	406

Contract with Customer, Contract Asset, Contract Liability, and Receivable

The following table presents the net contract asset and contract liability balances:

In millions	Location in the Consolidated Balance Sheet	December 31, 2022		December 31, 2021
Current portion of contract liabilities	Contract liabilities	$	537	$	516
Non-current portion of contract liabilities	Other liabilities	$	49	$	69

Schedule of Capitalized Computer Software

The following table identifies the activity relating to total capitalized software:

In millions	2022		2021		2020
Beginning balance as of January 1	$	491	$	442	$	413
Capitalization	285		242		232
Amortization	(217)		(197)		(171)
Impairment	—		(24)		(32)
Capitalized software acquired and other adjustments	(5)		28		—
Ending balance as of December 31	$	554	$	491	$	442

Schedule of Accounts, Notes, Loans and Financing Receivable

The components of accounts receivable are summarized as follows:

In millions	December 31, 2022		December 31, 2021
Accounts receivable
Trade	$	1,056	$	939
Other	61		44
Accounts receivable, gross	1,117		983
Less: allowance for credit losses	(34)		(24)
Total accounts receivable, net	$	1,083	$	959