Quarterly Financial Results (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Results (Unaudited)

Quarterly Financial Results (Unaudited)

Summarized quarterly results for the two years ended December 31, 2015 and 2014, respectively, are as follows:

	2015
(in millions, except per share amounts)	First			Second			Third			Fourth
Revenues	$	2,695		$	2,872		$	2,920		$	2,964
Expenses	2,435			2,463			2,518			2,865
Operating profit	$	260		$	409		$	402		$	99
Net (loss) income	$	(63	)	$	33		$	(75	)	$	(1,163	)
Net loss attributable to First Data Corporation	(112		)	(26		)	(126		)	(1,217		)
Net loss per share, basic and diluted (a)	(112,000		)	(26,000		)	(126,000		)	(1.60		)
	2014
(in millions, except per share amounts)	First			Second			Third			Fourth
Revenues	$	2,640		$	2,837		$	2,792		$	2,883
Expenses	2,355			2,455			2,439			2,465
Operating profit	$	285		$	382		$	353		$	418
Net (loss) income	$	(165	)	$	23		$	(188	)	$	65
Net (loss) income attributable to First Data Corporation	(201		)	(34		)	(235		)	12
Net (loss) income per share, basic and diluted (a)	(201,000		)	(34,000		)	(235,000		)	12,000

(a) As a result of the prospective treatment of the HoldCo Merger, as discussed within note 1 "Summary of Significant Accounting Policies", net loss per share was computed using 1,000 shares outstanding for the first, second, and third quarters of 2015 and 763 million for the fourth quarter of 2015.