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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule of operating segment results
The following tables present the Company’s operating segment results for the periods presented:
 
 
Three months ended September 30, 2016
(in millions)
 
Global Business Solutions
 
Global Financial Solutions
 
Network & Security Solutions
 
Corporate
 
Total
Revenues:
 
 

 
 

 
 

 
 

 
 

Transaction and processing service fees
 
$
830

 
$
345

 
$
335

 
$
—

 
$
1,510

Product sales and other
 
207

 
52

 
43

 
—

 
302

Equity earnings in affiliates
 
8

 
—

 
—

 
—

 
8

Total segment revenues
 
$
1,045

 
$
397

 
$
378

 
$
—

 
$
1,820

Depreciation and amortization
 
$
109

 
$
86

 
$
28

 
$
8

 
$
231

Segment EBITDA
 
455

 
158

 
166

 
(40
)
 
739

Other operating expenses and Other income (expense) excluding divestitures
 
(18
)
 
2

 
(6
)
 
11

 
(11
)
 
 
Three months ended September 30, 2015
(in millions)
 
Global Business Solutions
 
Global Financial Solutions
 
Network & Security Solutions
 
Corporate
 
Total
Revenues:
 
 

 
 

 
 

 
 

 
 

Transaction and processing service fees
 
$
801

 
$
341

 
$
339

 
$
—

 
$
1,481

Product sales and other
 
223

 
50

 
35

 
—

 
308

Equity earnings in affiliates
 
8

 
—

 
—

 
—

 
8

Total segment revenues
 
$
1,032

 
$
391

 
$
374

 
$
—

 
$
1,797

Depreciation and amortization
 
$
124

 
$
98

 
$
22

 
$
8

 
$
252

Segment EBITDA
 
431

 
145

 
162

 
(35
)
 
703

Other operating expenses and Other income (expense) excluding divestitures
 
34

 
(7
)
 
(1
)
 
(56
)
 
(30
)
 
 
Nine months ended September 30, 2016
(in millions)
 
Global Business Solutions
 
Global Financial Solutions
 
Network & Security Solutions
 
Corporate
 
Total
Revenues:
 
 

 
 

 
 

 
 

 
 

Transaction and processing service fees
 
$
2,404

 
$
1,023

 
$
969

 
$
—

 
$
4,396

Product sales and other
 
605

 
155

 
127

 
—

 
887

Equity earnings in affiliates
 
28

 
—

 
—

 
—

 
28

Total segment revenues
 
$
3,037

 
$
1,178

 
$
1,096

 
$
—

 
$
5,311

Depreciation and amortization
 
$
322

 
$
268

 
$
85

 
$
15

 
$
690

Segment EBITDA
 
1,279

 
473

 
483

 
(114
)
 
2,121

Other operating expenses and Other income (expense) excluding divestitures
 
4

 
6

 
(8
)
 
(15
)
 
(13
)
 
 
Nine months ended September 30, 2015
(in millions)
 
Global Business Solutions
 
Global Financial Solutions
 
Network & Security Solutions
 
Corporate
 
Total
Revenues:
 
 

 
 

 
 

 
 

 
 

Transaction and processing service fees
 
$
2,413

 
$
974

 
$
965

 
$
—

 
$
4,352

Product sales and other
 
613

 
127

 
101

 
—

 
841

Equity earnings in affiliates
 
24

 
—

 
—

 
—

 
24

Total segment revenues
 
$
3,050

 
$
1,101

 
$
1,066

 
$
—

 
$
5,217

Depreciation and amortization
 
$
365

 
$
293

 
$
65

 
$
20

 
$
743

Segment EBITDA
 
1,245

 
388

 
448

 
(113
)
 
1,968

Other operating expenses and Other income (expense) excluding divestitures
 
55

 
(14
)
 
(1
)
 
(82
)
 
(42
)
Schedule of reconciliation of reportable segment amounts to the consolidated balances
The following table presents a reconciliation of the Company’s consolidated results to segment amounts for the periods presented:
 
 
Three months ended 
 September 30,
 
Nine months ended 
 September 30,
(in millions)
 
2016
 
2015
 
2016
 
2015
Consolidated revenues
 
$
2,936

 
$
2,920

 
$
8,641

 
$
8,487

Adjustments:
 
 
 
 
 
 
 
 
Non wholly owned entities (a) 
 
(25
)
 
(18
)
 
(59
)
 
(58
)
ISOs commission expense (b)
 
(155
)
 
(167
)
 
(476
)
 
(475
)
Reimbursable debit network fees, postage, and other
 
(936
)
 
(938
)
 
(2,795
)
 
(2,737
)
Total segment revenues
 
$
1,820

 
$
1,797

 
$
5,311

 
$
5,217

 
 
 
 
 
 
 
 
 
Net income (loss) attributable to First Data Corporation
 
$
132

 
$
(126
)
 
$
228

 
$
(264
)
Adjustments:
 
 
 
 
 
 
 
 
Non wholly owned entities (a)
 
(7
)
 
(6
)
 
(24
)
 
(19
)
Depreciation and amortization
 
237

 
257

 
713

 
760

Interest expense, net
 
263

 
388

 
810

 
1,199

Loss on debt extinguishment
 
3

 
108

 
58

 
108

Other items (c)
 
44

 
42

 
65

 
108

Income tax expense
 
24

 
32

 
57

 
45

Stock-based compensation
 
43

 
8

 
214

 
31

Total segment EBITDA
 
$
739

 
$
703

 
$
2,121

 
$
1,968


(a)
Net adjustment to reflect the Company's proportionate share of the results of the Company's investments in businesses accounted for under the equity method and consolidated subsidiaries with noncontrolling ownership interests. Segment revenue for the Company's significant affiliates is reflected based on the Company's proportionate share of the results of the Company's investments in businesses accounted for under the equity method and consolidated subsidiaries with noncontrolling ownership interests. For other affiliates, the Company includes equity earnings in affiliates, excluding amortization expense, in segment revenue.
(b)
Reported within "Selling, general, and administrative expense" in the unaudited consolidated statements of operations.
(c)
Includes restructuring, certain retention bonuses, non-normal course litigation and regulatory settlements, asset impairments, debt issuance expenses, Kohlberg Kravis Roberts & Co. (KKR) related items and “Other income (expense)" as presented in the unaudited consolidated statements of operations, which includes divestitures, derivative gains (losses), non-operating foreign currency gains (losses), and the gain on Visa Europe share sale. KKR related items represent KKR annual sponsorship fees for management, consulting, financial and other advisory services. Upon completing the IPO in October 2015, the Company is no longer obligated to pay KKR annual sponsorship fees.

Schedule of reconciliation of reportable segment depreciation and amortization amounts to the consolidated balances
The following table presents a reconciliation of segment depreciation and amortization amounts to the Company’s consolidated depreciation and amortization in the unaudited consolidated statements of cash flows for the periods presented:
 
 
Three months ended 
 September 30,
 
Nine months ended 
 September 30,
(in millions)
 
2016
 
2015
 
2016
 
2015
Segment depreciation and amortization
 
$
231

 
$
252

 
$
690

 
$
743

Adjustments for non wholly owned entities (a)
 
18

 
20

 
56

 
62

Amortization of initial payments for new contracts (b)
 
16

 
14

 
47

 
38

Total consolidated depreciation and amortization per unaudited consolidated statements of cash flows
 
265

 
286

 
793

 
843

Amortization of equity method investments (c)
 
(12
)
 
(15
)
 
(33
)
 
(45
)
Amortization of initial payments for new contracts (b)
 
(16
)
 
(14
)
 
(47
)
 
(38
)
Total consolidated depreciation and amortization per unaudited consolidated statements of operations
 
$
237

 
$
257

 
$
713

 
$
760



(a)
Adjustment to reflect depreciation and amortization attributable to noncontrolling interests.
(b)
Included in "Transaction and processing service fees" as contra-revenue in the Company's unaudited consolidated statements of operations.
(c)
Included in "Equity earnings in affiliates" in the Company's unaudited consolidated statements of operations.