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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of amounts associated with amortization of initial payments for new contracts and equity method investments
The following table presents the amounts associated with such amortization for the periods presented:
 
 
Three months ended 
 March 31,
(in millions)
 
2017
 
2016
Amortization of initial payments for new contracts
 
$
19

 
$
15

Amortization related to equity method investments
 
11

 
9

Schedule of amounts associated with processing services revenue
Interchange fees and assessments charged by credit card associations to the Company’s consolidated subsidiaries and network fees related to PIN-debit and PINless-debit transactions charged by debit networks were as follows for the periods presented:
 
 
Three months ended 
 March 31,
(in millions)
 
2017
 
2016
Interchange fees and assessments
 
$
6,039

 
$
5,287

Debit network fees
 
745

 
726