Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

The tables below present the

Company’s revenue disaggregated by type of revenue, including a reconciliation with its reportable segments. The Company’s disaggregation of revenue for the three and nine months ended September 30, 2019 have been restated to reflect the Segment Realignment. The majority of the Company’s revenue is earned domestically, with revenue generated outside the United States comprising approximately 14% of total revenue for both the three months ended September 30, 2020 and 2019, and 13% and 10% of total revenue for the nine months ended September 30, 2020 and 2019, respectively.


(In millions)	Reportable Segments
Three Months Ended September 30, 2020	Acceptance		Fintech		Payments		Corporate and Other		Total

Type of Revenue
Processing	$	1,245	$	364	$	1,112	$	9	$	2,730
Hardware, print and card production	179		12		176		—		367
Professional services	9		120		59		—		188
Software maintenance	—		141		1		—		142
License and termination fees	7		41		21		—		69
Output solutions postage	—		—		—		207		207
Other	14		49		18		2		83
Total Revenue	$	1,454	$	727	$	1,387	$	218	$	3,786


(In millions)	Reportable Segments
Three Months Ended September 30, 2019	Acceptance		Fintech		Payments		Corporate and Other		Total

Type of Revenue
Processing	$	861	$	346	$	911	$	40	$	2,158
Hardware, print and card production	133		10		142		—		285
Professional services	3		126		56		3		188
Software maintenance	—		144		1		3		148
License and termination fees	4		61		16		1		82
Output solutions postage	—		—		—		180		180
Other	11		48		27		1		87
Total Revenue	$	1,012	$	735	$	1,153	$	228	$	3,128


(In millions)	Reportable Segments
Nine Months Ended September 30, 2020	Acceptance		Fintech		Payments		Corporate and Other		Total

Type of Revenue
Processing	$	3,466	$	1,064	$	3,265	$	47	$	7,842
Hardware, print and card production	531		33		528		—		1,092
Professional services	20		347		174		1		542
Software maintenance	—		423		2		2		427
License and termination fees	19		139		61		—		219
Output solutions postage	—		—		—		640		640
Other	42		153		63		—		258
Total Revenue	$	4,078	$	2,159	$	4,093	$	690	$	11,020


(In millions)	Reportable Segments
Nine Months Ended September 30, 2019	Acceptance		Fintech		Payments		Corporate and Other		Total

Type of Revenue
Processing	$	861	$	1,030	$	1,938	$	129	$	3,958
Hardware, print and card production	133		33		292		—		458
Professional services	3		364		105		7		479
Software maintenance	—		430		2		11		443
License and termination fees	4		181		47		1		233
Output solutions postage	—		—		—		324		324
Other	11		153		82		1		247
Total Revenue	$	1,012	$	2,191	$	2,466	$	473	$	6,142

Contract with customer, asset and liabilities

The following table provides information about contract assets and contract liabilities from contracts with customers:


(In millions)	September 30, 2020		December 31, 2019
Contract assets	$	383	$	382
Contract liabilities	621		647

Schedule of remaining performance obligations

The following table includes estimated processing, services and product revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at September 30, 2020:



(In millions)
Year ending December 31,
Remainder of 2020	$	544
2021	1,839
2022	1,442
2023	1,129
Thereafter	2,093