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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 440 $ 456
Settlement assets 617 592
Trade receivables, net of allowance for credit losses of $31 and $31, respectively 1,730 1,834
Other receivables 287 437
Prepaid expenses and other current assets 603 509
Current assets held for sale 10,111 8,990
Total current assets 13,788 12,818
Property and equipment, net 695 709
Goodwill 16,971 16,816
Intangible assets, net 1,823 2,468
Software, net 2,115 2,055
Other noncurrent assets 1,528 1,675
Deferred contract costs, net 1,076 973
Noncurrent assets held for sale 17,109 25,764
Total assets 55,105 63,278 Close
Current liabilities:    
Accounts payable, accrued and other liabilities 1,859 1,583
Settlement payables 635 613
Deferred revenue 832 777
Short-term borrowings 4,760 3,755
Current portion of long-term debt 1,348 2,130
Current liabilities held for sale 8,884 7,366
Total current liabilities 18,318 16,224
Long-term debt, excluding current portion 12,970 14,206
Deferred income taxes 2,179 2,689
Other noncurrent liabilities 1,446 1,382
Noncurrent liabilities held for sale 1,093 1,371
Total liabilities 36,006 35,872 Close
Redeemable noncontrolling interest 0 180 Close
FIS stockholders’ equity:    
Preferred stock, $0.01 par value, 200 shares authorized, none issued and outstanding as of December 31, 2023 and 2022 0 0
Common stock, $0.01 par value, 750 shares authorized, 631 and 630 shares issued as of December 31, 2023 and 2022, respectively 6 6
Additional paid in capital 46,935 46,735
(Accumulated deficit) retained earnings (22,864) (14,971)
Accumulated other comprehensive earnings (loss) (260) (360)
Treasury stock, $0.01 par value, 48 and 39 common shares as of December 31, 2023 and 2022, respectively, at cost (4,724) (4,192)
Total FIS stockholders’ equity 19,093 27,218
Noncontrolling interest 6 8
Total equity 19,099 27,226 Close
Total liabilities, redeemable noncontrolling interest and equity $ 55,105 $ 63,278