Investment in Affiliates (Tables)

12 Months Ended

Dec. 31, 2016

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)	2016		2015
Total current assets	$	4,070	$	3,002
Total long-term assets	84		55
Total assets	$	4,154	$	3,057
Total current liabilities	$	3,994	$	2,925
Total long-term liabilities	9		16
Total liabilities	$	4,003	$	2,941

Summary of financial information related to the income statement

	Year ended December 31,
(in millions)	2016		2015		2014
Net operating revenues	$	1,434	$	1,424	$	1,357
Operating expenses	666		666		638
Operating income	$	768	$	758	$	719
Net income	$	749	$	744	$	696
FDC equity earnings	260		239		220

Schedule of estimated future amortization expense for intangible assets

The estimated future amortization expense for these intangible assets as of December 31, 2016 is as follows:

Year ended December 31, (in millions)	Amount
2017	$	43
2018	29
2019	4
Thereafter	—