XML 69 R45.htm IDEA: XBRL DOCUMENT v3.3.1.900
Investment in Affiliates (Tables)
12 Months Ended
Dec. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Summary of financial information for the merchant alliances and other affiliates accounted for under the equity method
A summary of financial information for the merchant alliances and other affiliates accounted for under the equity method of accounting is presented below.
 
 
As of December 31,
(in millions)
 
2015
 
2014
Total current assets
 
$
3,002

 
$
2,812

Total long-term assets
 
55

 
53

Total assets
 
$
3,057

 
$
2,865

 
 
 
 
 
Total current liabilities
 
$
2,925

 
$
2,742

Total long-term liabilities
 
16

 
17

Total liabilities
 
$
2,941

 
$
2,759

Summary of financial information related to the income statement
The primary components of assets and liabilities are settlement-related accounts similar to those described in note 11 "Settlement Assets and Obligations" of these consolidated financial statements.
 
 
Year ended December 31,
(in millions)
 
2015
 
2014
 
2013
Net operating revenues
 
$
1,424

 
$
1,357

 
$
1,369

Operating expenses
 
666

 
638

 
675

Operating income
 
$
758

 
$
719

 
$
694

Net income
 
$
744

 
$
696

 
$
664

FDC equity earnings
 
239

 
220

 
188

Schedule of estimated future amortization expense for intangible assets
The non-goodwill portion of this amount is considered an identifiable intangible asset that is amortized. The estimated future amortization expense for these intangible assets as of December 31, 2015 is as follows:
Year ended December 31,
(in millions) 
 
Amount
2016
 
$
50

2017
 
44

2018
 
29

2019
 
4

2020
 

Thereafter