| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | restructuring | in_progress | Global | Enterprise transformation initiatives (primarily Corporate and Other segment) | USD 107 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and related termination benefit costs of $107M in Q2 2026 ($135M YTD), with cash payments of $21M and $67M respectively; no employee count disclosed. Company expects additional severance in H2 2026. | ||||
| 2026-06-30 | acquisition_addition | completed | 2025-04-17 | 2026-01-09 | Global | Banking Solutions (Issuer Solutions Business / FIS Total Issuing) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition closed 2026-01-09 for $13,473M total purchase price; no headcount added disclosed. Represents ~19% of gross revenue and ~33% of total assets at 2026-06-30. | |||
| 2026-06-30 | restructuring | in_progress | USD 107 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and related termination benefit costs incurred during the three months ended June 30, 2026, primarily related to enterprise transformation initiatives. Employee count not disclosed. | ||||||
| 2026-06-30 | restructuring | in_progress | USD 135 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and related termination benefit costs incurred during the six months ended June 30, 2026, primarily related to enterprise transformation initiatives. Employee count not disclosed. | ||||||
| 2026-03-31 | restructuring | in_progress | Corporate and Other — enterprise transformation initiatives | USD 27 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and related termination benefit costs of $27M in Q1 2026 (vs. $59M in Q1 2025), primarily tied to enterprise transformation initiatives; $46M cash paid. Company expects additional severance costs in remainder of 2026. No employee count disclosed. | |||||
| 2026-03-31 | acquisition_addition | completed | 2025-04-17 | 2026-01-09 | Global | Banking Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Issuer Solutions Business from Global Payments closed 2026-01-09 for $13,473M total purchase price; contributed ~18% of gross revenue for the quarter. Headcount added not disclosed. | |||
| 2026-03-31 | acquisition_addition | completed | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two additional businesses acquired in Q1 2026 for aggregate consideration of ~$517M (including ~1.3M FIS shares issued 2026-03-17 and contingent consideration fair value of $122M). Headcount added not disclosed. | |||||||
| 2026-03-31 | restructuring | in_progress | USD 27 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and related termination benefit costs incurred primarily related to enterprise transformation initiatives. Employee count not disclosed. | ||||||
| 2026-03-31 | acquisition_addition | completed | 2026-01-09 | Banking Solutions | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Issuer Solutions Business from Global Payments. Headcount added not explicitly disclosed. | |||||
| 2026-03-31 | acquisition_addition | completed | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of two additional businesses for aggregate consideration of $517 million. Headcount added not explicitly disclosed. | |||||||
| 2025-12-31 | restructuring | completed | Enterprise-wide (costs recorded in Corporate and Other segment) | USD 247 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | One-time severance costs incurred during 2025 under enterprise-wide cost savings initiatives; severance and other termination expenses of $247M in 2025 vs $56M in 2024. Affected headcount, announcement date, and program completion timeline not disclosed. | |||||
| 2025-12-31 | divestiture_reduction | completed | Corporate and Other | MD&A f5-10k / GLM-5.3-flash-HTML | Divestiture of a non-strategic business completed during Q1 2025, reducing Corporate and Other segment revenue; $1.4B of cash divested at sale. Headcount impact not disclosed. | ||||||
| 2025-12-31 | acquisition_addition | completed | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Two businesses acquired during FY2025 for $587M total consideration, net of cash acquired ($572M initial cash plus $15M contingent consideration). Employee headcount added not disclosed. | |||||||
| 2025-12-31 | acquisition_addition | completed | 2025-04-17 | 2026-01-09 | Global | Issuer Solutions Business (rebranded FIS Total Issuing Solutions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Acquisition of the Issuer Solutions Business from Global Payments closed January 9, 2026, after fiscal year-end; funded with approximately $7.7B of new debt plus proceeds from the 2026 Worldpay Minority Interest Sale. Employee headcount assumed not disclosed. | |||
| 2025-12-31 | restructuring | in_progress | Global | Enterprise-wide | USD 247 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 severance and other termination expenses of $247M (vs. $56M in FY2024), described in MD&A as one-time severance tied to enterprise-wide cost savings initiatives. Employee counts, announcement dates, and completion timelines not disclosed. Related FY2025 enterprise transformation costs (Future Forward/platform modernization) of $157M shown separately in the same table. | ||||
| 2025-12-31 | acquisition_addition | completed | USD 587 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Two businesses acquired during FY2025 for total consideration of $587M net of cash acquired; acquired headcount not disclosed. Charge value shown is purchase consideration, not a workforce charge. | ||||||
| 2025-12-31 | divestiture_reduction | completed | Corporate and Other — non-strategic business | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | A non-strategic business was divested during Q1 2025; associated headcount reduction not disclosed. Related FY2025 divestiture-related expenses of $62M shown in Note 22. | ||||||
| 2025-12-31 | acquisition_addition | completed | 2025-04-17 | 2026-01-09 | Global | Banking Solutions / Capital Market Solutions — Issuer Solutions Business (FIS Total Issuing) | USD 7,700 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closed 2026-01-09, after fiscal year-end but before the 2026-02-24 filing date; funded with ~$7.7B new debt (value shown is financing amount, not a workforce charge). Acquired headcount not disclosed; initial purchase price accounting incomplete. | ||
| 2025-12-31 | restructuring | completed | Global | Enterprise-wide | USD 247 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Increase in one-time severance costs incurred as part of enterprise-wide cost savings initiatives. | ||||
| 2025-09-30 | restructuring | in_progress | 2025-12-31 | Global | Enterprise-wide; costs recorded in Corporate and Other segment | USD 205 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Enterprise-wide cost savings initiatives; $99M severance in Q3 2025 and $205M YTD, with cash payments of $64M and $142M respectively. Employee counts not disclosed; company expects additional severance costs in Q4 2025. | |||
| 2025-09-30 | acquisition_addition | completed | USD 587 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two businesses acquired during the nine months ended September 30, 2025 for $587M total consideration net of cash acquired; headcount added not disclosed. | ||||||
| 2025-09-30 | divestiture_reduction | completed | Corporate and Other — non-strategic business | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of a non-strategic business during Q1 2025 drove the 33-34% decline in Corporate and Other segment revenue; headcount removed not disclosed. | ||||||
| 2025-09-30 | restructuring | in_progress | Enterprise-wide | Corporate and Other | USD 99 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and related termination benefit costs incurred during Q3 2025 related to enterprise-wide cost savings initiatives. Employee count not disclosed. | ||||
| 2025-09-30 | restructuring | in_progress | Enterprise-wide | Corporate and Other | USD 205 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and related termination benefit costs incurred during the nine months ended Sept 30, 2025 related to enterprise-wide cost savings initiatives. Employee count not disclosed. | ||||
| 2025-06-30 | restructuring | in_progress | Enterprise-wide | Corporate and Other | USD 105 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance tied to enterprise-wide cost savings initiatives: $46M in Q2 2025 and $105M YTD, recorded in SG&A, with cash payments of $38M and $78M respectively. Employee counts, announcement date, and completion date not disclosed; company expects additional severance costs in H2 2025. | ||||
| 2025-06-30 | restructuring | in_progress | Enterprise-wide | Corporate and Other | USD 46 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and related termination benefit costs incurred during Q2 2025 related to enterprise-wide cost savings initiatives. Employee count not disclosed. | ||||
| 2025-06-30 | restructuring | in_progress | Enterprise-wide | Corporate and Other | USD 105 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and related termination benefit costs incurred YTD 2025 related to enterprise-wide cost savings initiatives. Employee count not disclosed. | ||||
| 2025-03-31 | restructuring | in_progress | Corporate and Other | USD 59 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and other termination expenses of $59M in Q1 2025 (vs $18M in Q1 2024); no employee count or program details disclosed. | |||||
| 2025-03-31 | acquisition_addition | announced | 2025-04-17 | 2026-06-30 | Issuer Solutions (to be acquired from Global Payments) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Issuer Solutions for $13.5B enterprise value; expected to close by first half of 2026. No headcount disclosed. | ||||
| 2025-03-31 | divestiture_reduction | announced | 2025-04-17 | 2026-06-30 | Worldpay (remaining 45% equity interest) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell remaining 45% Worldpay equity interest to Global Payments for $6.6B; expected to close by first half of 2026. No headcount disclosed. | ||||
| 2025-03-31 | restructuring | in_progress | Corporate and Other | USD 59 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and other termination expenses recorded in Corporate and Other segment. | |||||
| 2025-03-31 | restructuring | in_progress | Corporate and Other | USD 8 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition and integration costs recorded in Corporate and Other segment. | |||||
| 2025-03-31 | restructuring | in_progress | Corporate and Other | USD 46 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Enterprise transformation, including Future Forward and platform modernization costs. | |||||
| 2025-03-31 | restructuring | in_progress | Corporate and Other | USD 21 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Separation of the Worldpay Merchant Solutions business costs. | |||||
| 2024-12-31 | divestiture_reduction | completed | 2023-07-05 | 2024-01-31 | Global | Worldpay Merchant Solutions business (former Merchant Solutions segment plus a business formerly in Corporate and Other) | USD 578 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale of a 55% equity interest in the Worldpay Merchant Solutions business to private equity funds managed by GTCR closed January 31, 2024; FIS retained a 45% non-controlling interest. Headcount transferred not disclosed. 2024 charge is the loss on sale of the disposal group ($578M); a $1.1B tax benefit was also recorded in 2024, and a $1.9B held-for-sale loss was recorded in 2023. | ||
| 2024-12-31 | divestiture_reduction | announced | Non-strategic business (Corporate and Other segment); unrelated to the Worldpay transaction | USD 52 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | 2024 asset impairments of $52 million related primarily (not exclusively) to an estimated loss on the expected sale of a non-strategic business; related assets/liabilities were held for sale at December 31, 2024. No announcement date, completion date, or headcount disclosed. | |||||
| 2024-12-31 | acquisition_addition | completed | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Three businesses acquired during 2024 for total cash consideration, net of cash acquired, of $514 million; individual acquisition dates and headcount added not disclosed. Purchase price allocation included $83M customer relationships, $153M software assets, and $351M goodwill (provisional). | |||||||
| 2024-12-31 | divestiture_reduction | completed | 2024-01-31 | 2024-01-31 | Global | Worldpay Merchant Solutions | USD 578 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of 55% equity interest completed 2024-01-31; FIS retained 45% non-controlling interest. Charge shown is the recorded loss on sale of disposal group, not a severance charge. Headcount transferred not disclosed. | ||
| 2024-12-31 | acquisition_addition | completed | Global | Banking Solutions; Capital Market Solutions | USD 514 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three businesses acquired during 2024 for total cash consideration of $514M net of cash acquired. Headcount added through these acquisitions not disclosed; charge value shown is purchase consideration. | ||||
| 2024-12-31 | restructuring | in_progress | Global | Corporate and Other | USD 56 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2024 'Severance and other termination expenses' of $56M recorded in Corporate and Other. Employees affected count and program timeline not disclosed; no discrete restructuring footnote presented. | ||||
| 2024-12-31 | other | in_progress | Global | Corporate and Other — Worldpay separation | USD 148 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2024 costs for separation of the Worldpay Merchant Solutions business. Headcount impact not separately quantified. | ||||
| 2024-12-31 | other | in_progress | Global | Corporate and Other — enterprise transformation | USD 262 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2024 enterprise transformation costs including Future Forward and platform modernization. Filer does not attribute a specific headcount reduction to this program. | ||||
| 2024-12-31 | restructuring | completed | USD 148 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Costs related to the separation of the Worldpay Merchant Solutions business. | ||||||
| 2024-12-31 | restructuring | completed | USD 56 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance and other termination expenses. | ||||||
| 2024-09-30 | divestiture_reduction | completed | 2024-01-31 | Global | Worldpay Merchant Solutions (former Merchant Solutions segment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 55% equity interest in Worldpay Merchant Solutions to GTCR funds closed 2024-01-31; FIS retained 45% stake. No headcount removed through the transaction is disclosed. Worldpay Brazil and RealNet subsidiaries not yet conveyed pending regulatory approvals as of quarter-end. | ||||
| 2024-09-30 | restructuring | in_progress | Not disclosed | Corporate and Other | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and other termination expenses of $34M for nine months ended 2024-09-30 ($7M in Q3) reported within Corporate and Other; no employee counts, announcement dates, or completion timing disclosed. Related enterprise transformation costs of $205M YTD are reported separately and are not workforce-action charges. | ||||
| 2024-09-30 | restructuring | in_progress | Corporate and Other | USD 7 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and other termination expenses for the three months ended September 30, 2024. | |||||
| 2024-09-30 | restructuring | in_progress | Corporate and Other | USD 34 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and other termination expenses for the nine months ended September 30, 2024. | |||||
| 2024-06-30 | divestiture_reduction | completed | 2024-01-31 | 2024-01-31 | Global | Worldpay Merchant Solutions (former Merchant Solutions segment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 55% equity interest to GTCR funds closed 2024-01-31; FIS retained 45% stake. No employee count disclosed. Worldpay Brazil and RealNet assets/liabilities not yet conveyed pending regulatory approvals as of quarter-end. | |||
| 2024-06-30 | restructuring | in_progress | Not specified | Corporate and Other | USD 27 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and other termination expenses of $27M for six months ended 2024-06-30 ($9M for three months). No employee counts, announcement date, or completion timing disclosed; presented as an ongoing cost line rather than a discrete announced program. | ||||
| 2024-06-30 | restructuring | in_progress | Corporate and Other | USD 9 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and other termination expenses recorded in Corporate and Other segment for the three months ended June 30, 2024. | |||||
| 2024-06-30 | restructuring | in_progress | Corporate and Other | USD 27 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and other termination expenses recorded in Corporate and Other segment for the six months ended June 30, 2024. | |||||
| 2024-06-30 | restructuring | in_progress | Corporate and Other | USD 80 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Separation of the Worldpay Merchant Solutions business costs recorded in Corporate and Other segment for the three months ended June 30, 2024. | |||||
| 2024-06-30 | restructuring | in_progress | Corporate and Other | USD 109 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Separation of the Worldpay Merchant Solutions business costs recorded in Corporate and Other segment for the six months ended June 30, 2024. | |||||
| 2024-03-31 | divestiture_reduction | completed | 2024-01-31 | 2024-01-31 | Global | Worldpay Merchant Solutions (former Merchant Solutions segment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 55% equity interest to GTCR-managed funds; FIS retained 45% stake. No employee counts associated with the transaction are disclosed in this filing. | |||
| 2024-03-31 | restructuring | in_progress | Not specified | Corporate and Other | USD 18 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Aggregate quarterly severance and other termination expenses (vs. $23 million in Q1 2023); no program name, affected-employee count, or completion timing disclosed. | ||||
| 2024-03-31 | restructuring | completed | Corporate and Other | USD 18 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and other termination expenses recorded in Corporate and Other segment. | |||||
| 2024-03-31 | restructuring | completed | Corporate and Other | USD 30 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Costs related to separation of the Worldpay Merchant Solutions business. | |||||
| 2023-12-31 | divestiture_reduction | completed | 2023 | 2024-01-31 | Global | Worldpay Merchant Solutions business (former Merchant Solutions segment plus a non-strategic business from Corporate and Other) | USD 1,900 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Sale of 55% equity interest in Worldpay Merchant Solutions to GTCR funds closed 2024-01-31; FIS retained 45% non-controlling interest in the joint venture. Definitive purchase agreement signed in Q3 2023 (announcement_date given year-only). The $1.9B charge is a valuation allowance reducing the disposal group's carrying value to fair value less cost to sell (excluding certain non-transferring deferred tax liabilities) — not a severance charge. Headcount context: FIS reported more than 60,000 employees at 2023-12-31 versus approximately 52,000 (including over 33,000 outside the U.S. and ~7,000 unionized/works-council) at 2024-02-01 post-closing; the post-sale total excludes employees in certain jurisdictions exclusively serving Worldpay under an employee leasing agreement for up to five months, after which they are expected to transfer to Worldpay. Exact employees transferred not disclosed. | ||
| 2023-12-31 | restructuring | in_progress | 2022-11 | 2024-12-31 | Enterprise-wide (global) | Enterprise-wide cost control and streamlining | USD 70 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Future Forward enterprise-wide efficiency program launched November 2022, targeting $1.0 billion of cash savings exiting 2024 (over 75% run-rate), with over $550 million annualized run-rate savings achieved exiting 2023. The $70 million is the FY2023 charge for severance and other termination expenses, which per Note 22 also includes enterprise cost control initiatives and senior management changes. No employee count disclosed for the program. | ||
| 2023-12-31 | divestiture_reduction | completed | 2023-06-30 | 2024-01-31 | Global | Worldpay Merchant Solutions | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed 2024-01-31. FIS headcount went from >60,000 (2023-12-31) to ~52,000 (2024-02-01); exact number of employees transferring not disclosed. Some employees remain on FIS payroll under an employee leasing agreement for up to five months post-closing. | |||
| 2023-12-31 | restructuring | in_progress | 2022-11-01 | 2024-12-31 | Global | Enterprise-wide | USD 70 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Future Forward enterprise efficiency program launched Nov 2022. 2023 severance/termination expense of $70M disclosed; employee count not disclosed. Target: $1B cash savings exiting 2024. | ||
| 2023-12-31 | other | completed | 2023-01-01 | 2023-01-31 | United States | Capital Markets | USD 173 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Founders' 30% retained interest in Virtus Partners redeemed; FIS now owns 100%. Employee count impact not disclosed. | ||
| 2023-12-31 | restructuring | completed | 2022-11-01 | Global | Enterprise-wide | Item 1. Business - Human Capital Management f5-10k / Qwen3.6-27B-Q8_0 | Launched Nov 2022. FY2023 included $70M in severance and termination expenses. No specific headcount reduction disclosed. | ||||
| 2023-12-31 | divestiture_reduction | completed | 8,000 | 2024-01-31 | Global | Worldpay Merchant Solutions | Item 1. Business - Human Capital Management f5-10k / Qwen3.6-27B-Q8_0 | Headcount decreased from >60,000 (Dec 2023) to ~52,000 (Feb 2024) following the sale of 55% interest in Worldpay. | |||
| 2023-09-30 | divestiture_reduction | in_progress | 2023-07-05 | 2024-03-31 | Global | Worldpay Merchant Solutions (former Merchant Solutions segment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell 55% equity interest; FIS retains 45% stake. No headcount affected disclosed; expected close Q1 2024 subject to regulatory approvals. | |||
| 2023-09-30 | restructuring | in_progress | 2022-11 | Global | Enterprise-wide (Corporate and Other segment) | USD 48 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Future Forward efficiency program plus enterprise cost control initiatives; $6M severance charge in Q3 2023, $48M YTD 2023. Charge also includes senior management changes; no employee counts disclosed. Company targets over $220M annualized run-rate savings exiting Q3 2023 and $1.0B post-separation exiting 2024. | |||
| 2023-09-30 | restructuring | in_progress | 2022-11-01 | 2024-12-31 | Global | Corporate and Other | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Part of 'Future Forward' enterprise-wide efficiency program launched in Nov 2022. Q3 2023 included $6M in severance and other termination expenses. Total YTD 2023 severance was $48M. Program targets $1.0B in annualized run-rate savings by end of 2024. | ||
| 2023-09-30 | restructuring | in_progress | Global | Corporate and Other | USD 79 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Enterprise transformation costs including Future Forward and platform modernization. Q3 2023 charge of $79M. YTD 2023 charge of $223M. | ||||
| 2023-09-30 | other | in_progress | 2023-07-05 | 2024-03-31 | Global | Discontinued Operations | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Costs associated with pending separation of Worldpay Merchant Solutions business. Q3 2023 charge of $5M. YTD 2023 charge of $7M. Transaction expected to close in Q1 2024. | ||
| 2023-06-30 | restructuring | in_progress | Global | Corporate and Other | USD 23 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 2023 severance and other termination expenses tied to enterprise cost control initiatives and senior management changes; $51 million for six months ended 2023-06-30. No employee counts disclosed. | ||||
| 2023-06-30 | divestiture_reduction | announced | 2023-07-05 | 2024-03-31 | Global | Merchant Solutions | USD 20 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed 2023-07-05 to sell 55% equity interest to GTCR; $20 million of separation costs recorded in Q2 2023 Corporate and Other ($31 million YTD). No headcount reduction disclosed; Merchant disposal group to be classified held for sale beginning Q3 2023. | ||
| 2023-06-30 | restructuring | in_progress | Corporate and Other | USD 23 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and other termination expenses for the three months ended June 30, 2023, associated with enterprise cost control initiatives and changes in senior management. | |||||
| 2023-06-30 | restructuring | in_progress | Corporate and Other | USD 51 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and other termination expenses for the six months ended June 30, 2023, associated with enterprise cost control initiatives and changes in senior management. | |||||
| 2023-06-30 | other | announced | 2023-07-05 | 2024-03-31 | Merchant Solutions | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to sell 55% equity interest in Worldpay Merchant Solutions business. Transaction expected to close by Q1 2024. May involve workforce separation or transfer, but specific headcount impact not disclosed. | ||||
| 2023-03-31 | restructuring | in_progress | 2022-11-01 | 2024-12-31 | Global | Enterprise-wide | USD 28 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Future Forward efficiency program launched Nov 2022; Q1 2023 severance and other termination expenses of $28M (vs $11M in Q1 2022). Targets $1.25B cash savings by year-end 2024. No employee count disclosed. | ||
| 2023-03-31 | divestiture_reduction | announced | 2023-02-13 | 2024-03-31 | Global | Merchant Solutions | USD 11 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off of Merchant Solutions announced 2023-02-13, expected completion early 2024; $11M spin-off costs recorded in Q1 2023. FIS may retain up to 19.9% of SpinCo. No headcount impact disclosed. | ||
| 2023-03-31 | acquisition_addition | completed | 2023-01-01 | 2023-01-31 | United States | Corporate and Other | USD 173 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Founders exercised put option Jan 2023; FIS paid $173M redemption value and now owns 100% of Virtus Partners. Prior 30% noncontrolling interest acquired — no employee count disclosed. | ||
| 2023-03-31 | restructuring | in_progress | 2022-11-01 | 2024-12-31 | Global | Corporate and Other | USD 28 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and other termination expenses associated with enterprise cost control initiatives and changes in senior management. Part of the 'Future Forward' efficiency program launched in Nov 2022. | ||
| 2023-03-31 | restructuring | in_progress | 2023-02-13 | Global | Merchant Solutions | USD 11 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Costs associated with the planned spin-off of the Merchant Solutions business announced on Feb 13, 2023. | |||
| 2022-12-31 | restructuring | completed | Corporate and Other — enterprise cost control initiatives and senior management changes | USD 102 (millions) | other f5-10k / GLM-5.3-flash-HTML | Full-year 2022 severance and termination expense tied to enterprise cost-control initiatives and senior management changes; no employee headcount disclosed. | |||||
| 2022-12-31 | restructuring | in_progress | 2022-11 | 2024-12-31 | Enterprise-wide | Enterprise-wide | MD&A f5-10k / GLM-5.3-flash-HTML | Efficiency program targeting $1.25 billion cash savings by year-end 2024 ($600M opex run-rate, $300M capex run-rate, $350M cumulative acquisition/integration/transformation cost reductions); headcount impact not disclosed; savings target may be reduced by planned Merchant spin-off. | |||
| 2022-12-31 | divestiture_reduction | announced | 2023-02-13 | Merchant Solutions | subsequent_events f5-10k / GLM-5.3-flash-HTML | Tax-free spin-off of Merchant business into new publicly traded company (Spin-Co); subject to Board approval, IRS private letter ruling, Form 10 effectiveness and regulatory approvals; completion expected within 12 months of announcement; employee transfer count not disclosed. | |||||
| 2022-12-31 | restructuring | in_progress | Global | Corporate and Other | USD 102 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance and other termination expenses for enterprise cost control initiatives and senior management changes recorded in fiscal 2022; employees affected not disclosed | ||||
| 2022-12-31 | restructuring | in_progress | 2022-11 | 2024-12-31 | Global | Enterprise-wide | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Enterprise efficiency program launched November 2022 targeting $1.25 billion of cash savings by year-end 2024 ($600M operating expense run-rate, $300M capital expense run-rate, $350M cumulative reduction in acquisition/integration/transformation spend), prior to Merchant spin-off effects; headcount impact and severance charge not quantified; may overlap with the severance expense recorded under enterprise cost control initiatives | |||
| 2022-12-31 | divestiture_reduction | announced | 2023-02-13 | Global | Merchant Solutions | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Planned spin-off of the Merchant business announced after fiscal year-end, expected to be completed within 12 months of announcement, subject to customary conditions; Merchant headcount to be separated not disclosed | ||||
| 2022-12-31 | restructuring | completed | 2022-11-01 | 2024-12-31 | Global | Enterprise-wide | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Launched 'Future Forward' efficiency program targeting $1.25 billion in cash savings by year-end 2024. Includes operating expense savings, capital expense savings, and reduction of acquisition/integration expenses. No specific headcount reduction disclosed in text. | |||
| 2022-12-31 | other | completed | 2022-12-31 | 2022-12-31 | Global | Corporate and Other | USD 102 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance and other termination expenses associated with enterprise cost control initiatives and changes in senior management. | ||
| 2022-09-30 | restructuring | in_progress | Global | Corporate and Other | USD 60 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and other termination expenses tied to enterprise cost control initiatives and senior management changes; $17M in Q3 2022 and $60M YTD 2022. No employee count or announcement date disclosed. | ||||
| 2022-09-30 | divestiture_reduction | completed | Not specified | Corporate and Other (non-core business) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of a non-core business in Q3 2022 contributed to Corporate and Other revenue decline; headcount removed not quantified. | |||||
| 2022-09-30 | restructuring | completed | Corporate and Other | USD 17 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Impairments primarily related to certain software rendered obsolete by platform modernization. | |||||
| 2022-09-30 | restructuring | completed | Corporate and Other | USD 58 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Impairments primarily related to real estate-related assets as a result of office space reductions. | |||||
| 2022-09-30 | restructuring | completed | Corporate and Other | USD 29 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Impairments primarily related to a non-strategic business. | |||||
| 2022-09-30 | restructuring | completed | Corporate and Other | USD 17 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and other termination expenses associated with enterprise cost control initiatives and changes in senior management. | |||||
| 2021-12-31 | acquisition_addition | completed | 2021-12-23 | 2021-12-23 | Global | Merchant Solutions | USD 777 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Payrix Holdings, LLC completed 2021-12-23 for $777 million, primarily cash; headcount added not disclosed. Charge shown is purchase price, not a workforce charge. | ||
| 2021-12-31 | divestiture_reduction | completed | 2021-04-29 | 2021-04-29 | Global | Corporate and Other | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | FIS sold its 36% stake in Cardinal Holdings on 2021-04-29 for net proceeds of approximately $367 million with a ~$225 million gain; headcount removed not disclosed. | |||
| 2021-03-31 | plant_closure | in_progress | 2021-12-31 | Global | Corporate and Other (data center operations) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing data center consolidation program; plans to close about five more data centers by end of 2021 for ~$5M additional run-rate savings. No employee impact quantified. | ||||
| 2020-12-31 | acquisition_addition | completed | 2020-01-02 | 2020-01-02 | Capital Market Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FIS acquired a 70% majority interest in Virtus Partners on 2020-01-02 for $404 million cash; acquired headcount not disclosed | ||||
| 2020-09-30 | acquisition_addition | completed | 2020-01-02 | United States | Capital Market Solutions | USD 404 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FIS acquired 70% of Virtus Partners for $404M cash plus $173M redeemable NCI; no employee count disclosed. | |||
| 2020-03-31 | acquisition_addition | completed | 2020-01-02 | United States | Capital Market Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FIS acquired 70% of Virtus Partners for $405M cash; no employee count disclosed for the acquired workforce. | ||||
| 2019-12-31 | acquisition_addition | completed | 2019-03-17 | 2019-07-31 | Global | Merchant Solutions (primarily); also Banking Solutions and Capital Market Solutions | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Merger agreement signed 2019-03-17; Worldpay acquisition completed 2019-07-31 with total purchase price of approximately $48.2 billion. The filing does not disclose Worldpay employee headcount; the combined company reported more than 55,000 employees at December 31, 2019. Approximately 8 million outstanding Worldpay equity awards were converted into FIS awards (fair value approximately $789 million). Risk factors note retention uncertainty for key Worldpay personnel. | |||
| 2019-12-31 | acquisition_addition | completed | 2019-03-17 | 2019-07-31 | Global | Merchant Solutions (primarily) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger agreement signed 2019-03-17, acquisition closed 2019-07-31; total purchase price $48,245 million. Headcount added through the acquisition not disclosed; converted equity awards covered approximately 8 million Worldpay shares | |||
| 2019-12-31 | plant_closure | in_progress | 2021-12-31 | Global | Corporate / IT infrastructure | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Seven data centers closed during 2019; approximately 13 more planned by end of 2021. Program has generated over $170 million in run-rate annual expense reduction since mid-2016, with about $80 million more expected. No employee impact quantified | ||||
| 2019-12-31 | restructuring | in_progress | Global | Corporate and Other | USD 704 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2019 acquisition and integration costs, primarily Worldpay-related, plus data center consolidation costs; no employee separation counts or severance-specific amounts disclosed | ||||
| 2019-12-31 | acquisition_addition | completed | 2019-07-31 | 2019-07-31 | Global | All Segments | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | FIS completed the acquisition of Worldpay on July 31, 2019. Specific headcount added is not disclosed, but total employee count increased to over 55,000. | |||
| 2019-12-31 | divestiture_reduction | completed | 2018-12-31 | 2018-12-31 | Brazil | Banking Solutions | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Unwinding of Brazilian Venture with Banco Bradesco closed on Dec 31, 2018. Assets spun off to new subsidiary; remaining assets transferred to Bradesco. Headcount impact not explicitly quantified. | |||
| 2019-12-31 | divestiture_reduction | completed | 2018-08-31 | 2018-08-31 | North America | Corporate and Other | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Sale of substantially all assets of Certegy Check Services business unit in North America effective Aug 31, 2018. Headcount impact not explicitly quantified. | |||
| 2019-09-30 | acquisition_addition | completed | 2019-03-17 | 2019-07-31 | Global | Merchant Solutions (new segment); Banking Solutions; Capital Market Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement signed 2019-03-17; closed 2019-07-31. No employee headcount added is disclosed; consideration was ~289M FIS shares plus $3.4B cash. Worldpay represented ~26% of gross revenue for the quarter and ~73% of total assets at 2019-09-30. | |||
| 2019-09-30 | plant_closure | in_progress | 2021-12-31 | Not specified | Corporate / IT infrastructure | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to close and consolidate approximately 20 more data centers by 2021, following 10 closed in 2018; no workforce reduction quantified. Related data center consolidation costs of $25M (Q3) and $50M (9M) 2019 recorded, but not identified as severance. | ||||
| 2019-06-30 | acquisition_addition | completed | 2019-03-17 | 2019-07-31 | Global | Merchant Solutions (Worldpay) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger closed 2019-07-31 (subsequent to quarter end); Worldpay shareholders received ~289 million FIS shares plus $3.4 billion cash. Headcount added not disclosed; initial purchase price accounting incomplete at filing date. Legacy FIS holders ~53% / legacy Worldpay ~47% of combined company. | |||
| 2019-03-31 | acquisition_addition | announced | 2019-03-17 | 2019-09-30 | Global | Payments / Merchant Solutions | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement signed 2019-03-17; FIS to issue ~289 million shares plus $3.4 billion cash; expected to close Q3 2019. No headcount added disclosed in filing. | |||
| 2018-12-31 | divestiture_reduction | completed | 2018-09-28 | 2018-12-31 | Brazil | GFS | USD 95 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Unwind of Brazilian Venture with Banco Bradesco closed 12/31/2018; Bradesco now owns the card-processing entity and will perform processing internally; employee count not disclosed. Associated charge is Q3-2018 asset impairment (contract intangible, goodwill, assets held for sale), plus $12M pre-tax loss on closing; ~$225M annualized revenue reduction expected. Not severance-related. | ||
| 2018-12-31 | divestiture_reduction | completed | 2018-08-31 | North America | Corporate and Other | USD 54 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Sale of substantially all assets of the Certegy Check Services business unit effective August 31, 2018. Pre-tax loss includes $43M goodwill distributed through the sale; no employee count disclosed. Charge is a divestiture loss, not severance. | |||
| 2018-12-31 | divestiture_reduction | completed | 2018-12-31 | United States (Delaware) | IFS (wealth and retirement businesses) | MD&A f5-10k / GLM-5.3-flash-HTML | Sale of Reliance Trust Company of Delaware, FIS's only Delaware trust charter, effective December 31, 2018; $19M pre-tax gain disclosed; employee count not disclosed. | ||||
| 2018-12-31 | divestiture_reduction | completed | 2018-08-31 | North America | Corporate and Other — Retail Check Processing (Certegy Check Services) | USD 54 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all assets of the Certegy Check Services business unit closed August 31, 2018, resulting in a pre-tax loss of $54 million including $43 million of goodwill; no employee count disclosed. Charge is loss on sale, not severance. | |||
| 2018-12-31 | divestiture_reduction | completed | 2018-09-28 | 2018-12-31 | Brazil | GFS — Brazilian Venture (card processing joint venture with Banco Bradesco) | USD 95 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Unwinding of the Brazilian Venture closed December 31, 2018; Banco Bradesco took 100% of the entity and will perform card processing internally. Included $95 million of Q3 2018 impairments plus a $12 million pre-tax loss on closing; expected annualized revenue reduction of approximately $225 million. No employee count disclosed. | ||
| 2018-12-31 | divestiture_reduction | completed | 2018-12-31 | United States | Wealth and retirement — Reliance Trust Company of Delaware | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divestiture of the Delaware trust charter effective December 31, 2018; a $19 million pre-tax gain on sale is reported in other income. No employee count disclosed. | ||||
| 2018-12-31 | plant_closure | in_progress | 2021-12-31 | Global | Corporate — data center consolidation and migration to FIS private cloud | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program begun mid-2016: 10 additional data centers closed during 2018, with approximately 20 more planned by 2021. Cumulative run-rate expense savings exceeded $100 million at year-end 2018, with about $150 million additional expected. No employee impact quantified; savings figures are cumulative since program inception, not fiscal-year-only. | ||||
| 2018-12-31 | divestiture_reduction | completed | 2018-09-28 | 2018-12-31 | Brazil | Global Financial Solutions | USD 95 (millions) | Item 6. Selected Financial Data f5-10k / Qwen3.6-27B-Q8_0 | FIS entered into an agreement to unwind the Brazilian Venture with Banco Bradesco. Transaction closed Dec 31, 2018. Impairment charges of $95 million recorded in Q3 2018. No specific employee count disclosed for this action. | ||
| 2018-12-31 | divestiture_reduction | completed | 2018-08-31 | North America | Corporate and Other | USD 54 (millions) | Item 6. Selected Financial Data f5-10k / Qwen3.6-27B-Q8_0 | Effective Aug 31, 2018, FIS sold substantially all assets of Certegy Check Services. Pre-tax loss of $54 million. No specific employee count disclosed. | |||
| 2018-09-30 | divestiture_reduction | announced | 2018-09-28 | 2019-06-30 | Brazil | GFS — Brazilian Venture (card processing) | USD 95 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to unwind joint venture with Banco Bradesco; $95M pre-tax asset impairment (contract intangible $42M, goodwill $25M, held-for-sale assets $28M), not severance. Expected annualized revenue reduction of ~$200M post-closing. No employee count disclosed. Subject to Brazilian regulatory approval. | ||
| 2018-09-30 | divestiture_reduction | completed | 2018-08-31 | United States | Corporate and Other — Certegy Check Services business unit | USD 54 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all assets of Certegy Check Services completed August 31, 2018; pre-tax loss of $54M including $43M goodwill distributed. No employee count disclosed. | |||
| 2018-06-30 | restructuring | in_progress | Not specified | Corporate and Other (primarily SunGard acquisition integration) | USD 106 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer recorded $106M of integration and severance costs in six months ended 2018-06-30 ($49M in the quarter) primarily from the SunGard acquisition; no employee counts, announcement date, or completion timing disclosed | ||||
| 2018-03-31 | restructuring | in_progress | Global | Corporate and Other | USD 57 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2018 costs for integration and severance activity, primarily related to the SunGard acquisition; no employee count disclosed. Charge includes integration costs beyond severance. | ||||
| 2017-12-31 | restructuring | in_progress | Corporate and Other | USD 178 (millions) | other f5-10k / GLM-5.3-flash-HTML | FY2017 integration and severance costs primarily from the SunGard acquisition (completed 2015-11-30); recorded in Corporate and Other segment; only current-year charge captured for this multi-year program; headcount affected not disclosed; integration still ongoing at filing. | |||||
| 2017-12-31 | divestiture_reduction | completed | Corporate and Other | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale of SunGard Public Sector and Education business closed 2017-02-01 for $850 million, pre-tax gain $85 million, net cash proceeds about $500 million; employee counts not disclosed. | ||||||
| 2017-12-31 | divestiture_reduction | completed | GFS and IFS | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale of majority stake in Capco consulting and risk and compliance consulting businesses to CD&R closed 2017-07-31 for about $469 million, pre-tax loss $41 million; FIS retained 40% equity interest in Cardinal; employee counts not disclosed. | ||||||
| 2017-12-31 | divestiture_reduction | completed | 2017-02-01 | 2017-02-01 | United States | Corporate and Other — SunGard Public Sector and Education (PS&E) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of PS&E business for $850 million with an $85 million pre-tax gain; headcount transferred not disclosed. Proceeds used to reduce debt. | |||
| 2017-12-31 | divestiture_reduction | completed | 2017-07-31 | 2017-07-31 | United States | GFS and IFS — Capco consulting and risk/compliance consulting businesses | USD 41 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of majority (60%) stake to CD&R for approximately $469 million cash, resulting in a $41 million pre-tax loss; FIS retained 40% equity-method interest. Headcount affected not disclosed. | ||
| 2017-12-31 | restructuring | in_progress | Global | Corporate and Other — SunGard integration | USD 178 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2017 costs for integration and severance activity primarily from the SunGard acquisition (FY2016 comparative: $281 million). Employee counts and completion timeline not disclosed; program ongoing since the November 30, 2015 acquisition. | ||||
| 2017-12-31 | divestiture_reduction | completed | 2017-02-01 | 2017-02-01 | Global | Corporate and Other | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Sale of SunGard Public Sector and Education (PS&E) business. Employee count not explicitly disclosed in filing. | |||
| 2017-12-31 | divestiture_reduction | completed | 2017-07-31 | 2017-07-31 | Global | GFS and IFS | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Sale of majority stake in Capco consulting business and risk and compliance consulting business. Employee count not explicitly disclosed in filing. | |||
| 2017-12-31 | restructuring | completed | Brazil | Discontinued Operations | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Shut-down of Participacoes item processing operations involved transfer and termination of approximately 2,600 employees, completed in 2011. Active labor claims remain. | |||||
| 2017-09-30 | divestiture_reduction | completed | 2017-07-31 | 2017-07-31 | Global | GFS and IFS — Capco consulting and risk/compliance consulting businesses | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 60% majority stake to CD&R for ~$469M cash; pre-tax loss of ~$41M recorded. No employee count disclosed for the divested businesses. | |||
| 2017-09-30 | divestiture_reduction | completed | 2017-02-01 | 2017-02-01 | United States | Corporate and Other — SunGard Public Sector and Education (PS&E) business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale for $850M with pre-tax gain of $85M; occurred in Q1 2017 (within YTD period). No employee count disclosed. | |||
| 2017-09-30 | restructuring | in_progress | Global | Corporate and Other — SunGard acquisition integration and severance | USD 141 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended 2017-09-30 severance/integration costs of $141M, of which $22M in Q3 2017; recorded in Corporate and Other segment. No headcount affected disclosed. | ||||
| 2017-09-30 | restructuring | in_progress | Corporate and Other | USD 22 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Costs relating to integration and severance activity primarily from the SunGard acquisition. | |||||
| 2017-09-30 | restructuring | in_progress | Corporate and Other | USD 141 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Costs relating to integration and severance activity primarily from the SunGard acquisition for the nine months ended. | |||||
| 2017-06-30 | divestiture_reduction | completed | 2017-02-01 | United States | Corporate and Other | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of SunGard Public Sector and Education business for $850 million closed 2017-02-01; no employee count or headcount impact disclosed. | ||||
| 2017-06-30 | divestiture_reduction | completed | 2017-05-23 | 2017-07-31 | United States | GFS; IFS | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Majority stake in Capco consulting and risk/compliance consulting business sold to CD&R for ~$441 million net proceeds; transaction closed after quarter end on 2017-07-31. No employee count disclosed; expected pre-tax gain/loss under $10 million. | |||
| 2017-06-30 | restructuring | in_progress | Corporate and Other | USD 119 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2017-06-30: $119 million of integration and severance costs, primarily from the SunGard acquisition; $39 million recorded in the three months ended 2017-06-30. Charge bundles integration with severance; no employee counts disclosed. | |||||
| 2017-03-31 | divestiture_reduction | completed | 2017-02-01 | 2017-02-01 | United States | Corporate and Other (SunGard Public Sector and Education) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of PS&E business closed 2017-02-01 for $850 million; no headcount associated with the divestiture is disclosed | |||
| 2017-03-31 | restructuring | in_progress | Not specified | Corporate and Other | USD 80 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2017 costs for integration and severance activity, primarily from the SunGard acquisition; no employee count or program timeline disclosed | ||||
| 2017-03-31 | restructuring | in_progress | Corporate and Other | USD 80 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company recorded costs relating to integration and severance activity primarily from the SunGard acquisition. Employee count not disclosed. | |||||
| 2017-03-31 | divestiture_reduction | completed | 2017-02-01 | 2017-02-01 | Corporate and Other | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of SunGard Public Sector and Education business. Employee count not disclosed. | ||||
| 2016-12-31 | restructuring | in_progress | 2015-11-30 | Costs recorded in Corporate and Other segment; integration spans all segments | USD 281 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | FY2016 charge bundles transaction costs, severance and integration activities, primarily from the SunGard acquisition; no affected-employee count disclosed. Integration ongoing, with a synergy run-rate target of more than $275 million by end of 2017. Announcement date reflects SunGard acquisition completion (November 30, 2015). | ||||
| 2016-12-31 | divestiture_reduction | completed | 2016-12-07 | 2017-02-01 | United States | Corporate and Other — SunGard Public Sector and Education (PS&E) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive agreement signed December 7, 2016 to sell the SunGard Public Sector and Education businesses for $850 million; sale closed February 1, 2017 with an expected pre-tax gain of $85-90 million to be recognized in Q1 2017. Number of employees transferred not disclosed; sale did not qualify as discontinued operations, so prior-period earnings remain within continuing operations. | |||
| 2016-12-31 | restructuring | completed | Global | Corporate and Other | USD 281 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2016 costs for integration and severance activity, primarily from the SunGard acquisition; no employee count disclosed | ||||
| 2016-12-31 | divestiture_reduction | completed | 2016-12-07 | 2017-02-01 | United States | Corporate and Other — Public Sector and Education | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of SunGard Public Sector and Education businesses for $850 million, closed 2017-02-01 (subsequent to fiscal year-end); no headcount disclosed; expected pre-tax gain of $85-90 million recognized in Q1 2017 | |||
| 2016-12-31 | restructuring | completed | 2016-01-01 | 2016-12-31 | Global | Corporate and Other | USD 281 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Acquisition, integration and severance costs totaling $281 million recorded in Corporate and Other segment. Specific employee count not disclosed. | ||
| 2016-12-31 | restructuring | completed | 2016-01-01 | 2016-12-31 | Global | Global Financial Solutions | USD 45 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance costs of $45 million in conjunction with reorganization and streamlining of operations in GFS segment. Specific employee count not disclosed. | ||
| 2016-12-31 | divestiture_reduction | completed | 2016-12-07 | 2017-02-01 | United States | Corporate and Other | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of SunGard Public Sector and Education businesses completed Feb 1, 2017. Employee count not disclosed. | |||
| 2016-09-30 | other | announced | 1 | 2016-10-28 | 2016-12-31 | United States | Executive leadership (Executive Chairman, FIS Board) | USD 7 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Executive Chairman employment terminates 2016-12-31 as termination without cause; $7.2M lump sum equals 3x 2016 base salary ($800K) plus target bonus ($1.6M), payable on or about 2017-06-30, plus $170,640 life insurance porting payment and full acceleration of equity. Signed 2016-10-28, after quarter end. | |
| 2016-06-30 | acquisition_addition | completed | 2015-08-12 | 2015-11-30 | Global | Global Financial Solutions (GFS), with portions reclassified to Integrated Financial Solutions (IFS) and Corporate and Other | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SunGard acquisition completed November 30, 2015; total purchase price $5,079 million. Filing does not quantify headcount added. Disclosed in this 10-Q but the transaction closed before the reporting period. | |||
| 2016-06-30 | restructuring | in_progress | 2017-12-31 | Global | Corporate and Other (integration, severance and related costs) | USD 142 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition, integration and severance costs of $142 million for the six months ended June 30, 2016 ($63 million in Q2 2016), tied to SunGard integration targeting $200 million annual synergy run-rate savings by end of 2017. No employee count disclosed. | |||
| 2016-03-31 | acquisition_addition | completed | 2015-08-12 | 2015-11-30 | Global | GFS (primarily); portions reclassified to IFS and Corporate and Other | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SunGard acquisition closed 2015-11-30 (prior quarter); business combination footnote discloses no headcount added. Integration, severance and reclassification of SunGard businesses continued through Q1 2016. | |||
| 2016-03-31 | restructuring | in_progress | 2017-12-31 | Global | Corporate and administration; technology | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company states it will incur one-time severance and other costs while targeting $200 million annual synergy run-rate savings by end of 2017; no employee counts or charge amounts disclosed for the current quarter. | ||||
| 2016-03-31 | restructuring | in_progress | 2016-01-01 | Global | Global Financial Solutions | USD 45 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Realignment of resources in GFS segment resulted in severance costs of $44.6 million in Q1 2016. Activities included optimizing on-shore and off-shore resources and removing overlapping management resources. | |||
| 2015-12-31 | restructuring | completed | 2015 | Global Financial Solutions (GFS) | USD 45 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Resource realignment of the GFS segment combining on-shore/off-shore optimization with removal of overlapping management. Severance of $44.6 million was recorded in Q1 2015, with additional unquantified severance charges in Q3 2015; Europe is cited as a focus of the reorganization. Affected headcount and completion date were not disclosed. | ||||
| 2015-12-31 | restructuring | in_progress | 2015 | Corporate and Other (acquisition integration and severance) | USD 171 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | 2015 charge bundling transaction costs, severance and integration-activity costs relating to recent acquisitions (principally SunGard); not a pure severance figure. No affected headcount disclosed; SunGard integration was still ongoing at the filing date. | ||||
| 2015-12-31 | acquisition_addition | completed | 2015-08-12 | 2015-11-30 | Global | GFS (SunGard included within the GFS segment post-acquisition) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Merger agreement signed August 12, 2015; acquisition completed November 30, 2015 for total consideration of approximately $5,079.1 million (cash of $2,334.8 million plus stock and equity awards). SunGard employee headcount added was not disclosed; approximately 2.4 million RSUs were exchanged for unvested SunGard employee awards. | |||
| 2015-12-31 | divestiture_reduction | completed | 2015 | Gaming industry check warranty business | other f5-10k / GLM-5.3-flash-HTML | Certain assets of the gaming industry check warranty business sold during Q2 2015 for proceeds of $237.5 million, generating a $139.4 million pre-tax gain; the sale did not qualify as discontinued operations. Affected headcount not disclosed. | |||||
| 2015-12-31 | divestiture_reduction | completed | 2015 | China | eCas core banking software business (small financial institutions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Plan to sell committed in Q2 2014; purchase agreement signed January 2015 and transaction closed during Q2 2015. The business is reported within discontinued operations; affected headcount not disclosed. | ||||
| 2015-12-31 | restructuring | in_progress | Europe / international | Global Financial Solutions (GFS) | USD 45 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | GFS realignment recorded $44.6M severance in Q1 2015, with additional severance charges in Q3 2015; combined transaction, severance and integration costs of $171.3M recorded in 2015 SG&A. Employees affected not disclosed. | ||||
| 2015-12-31 | acquisition_addition | completed | 2015-08-12 | 2015-11-30 | Global (predominantly international/Europe) | Global Financial Solutions (GFS) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | SunGard acquisition closed 2015-11-30; acquired headcount not separately disclosed. SunGard represented ~46% of total assets and ~4% of 2015 gross revenue. | |||
| 2015-12-31 | divestiture_reduction | completed | 2015-06-30 | United States | Gaming industry check warranty business | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Assets of the gaming check warranty business sold in Q2 2015 (pre-tax gain $139.4M); associated headcount not disclosed. | ||||
| 2015-12-31 | divestiture_reduction | completed | 2014-06-30 | 2015-06-30 | China | eCas core banking software business line | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the China eCas business closed in Q2 2015; reported within discontinued operations. Headcount not disclosed. | |||
| 2015-12-31 | restructuring | in_progress | Brazil | Participacoes item processing and remittance operations (discontinued) | USD 5 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ongoing wind-down charges of $5.2M in 2015 for shut-down activities; approximately 550 active former-employee labor claims remained at year-end. Original workforce transfer/termination of ~2,600 employees occurred in 2011 (prior period). | ||||
| 2015-12-31 | restructuring | completed | 2015 | Europe | Global Financial Solutions (GFS) | USD 45 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance costs of $44.6 million in conjunction with the reorganization and streamlining of operations in the GFS segment. | |||
| 2015-12-31 | restructuring | completed | 2015 | Global | Corporate and Other | USD 171 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Transaction costs, severance and costs of integration activities relating to acquisitions totaling $171.3 million. | |||
| 2015-09-30 | restructuring | in_progress | 2015-03-31 | Europe | Global Financial Solutions (GFS) | USD 45 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | March 2015 reorganization and streamlining of GFS operations, primarily Europe, combining on-shore/off-shore resource optimization and removal of overlapping management roles. $44.6M severance incurred in Q1 2015; activities continuing, with additional severance in Q3 2015 included within $35.6M of third-quarter integration activities. No employee counts disclosed. | |||
| 2015-09-30 | acquisition_addition | announced | 2015-08-12 | 2015-12-31 | Global | Enterprise (SunGard) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement to acquire 100% of SunGard; consideration of ~$2.3B cash plus ~44.7M FIS shares, with ~$4.7B SunGard debt assumed/repaid/refinanced. Combined company expected to have more than 55,000 employees; SunGard-specific headcount added not disclosed. Expected to close Q4 2015, subject to SunGard stockholder approval. | |||
| 2015-09-30 | divestiture_reduction | completed | 2015-06-30 | China | China eCas core banking software business line | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of China eCas business line signed January 2015 and closed in Q2 2015; reported as discontinued operations. No headcount associated with the divestiture disclosed. | ||||
| 2015-09-30 | divestiture_reduction | completed | 2015-06-30 | United States | Gaming industry check warranty business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of certain gaming industry check warranty assets closed in Q2 2015 with $237.5M proceeds and $139.4M pre-tax gain; did not qualify for discontinued operations treatment. No headcount disclosed. | ||||
| 2015-09-30 | restructuring | completed | 2,600 | 2010-09-01 | 2011-06-30 | Brazil | Item Processing and Remittance Services | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shut-down activities involved transfer and termination of approximately 2,600 employees, completed in 2011. Active labor claims remain. | ||
| 2015-09-30 | restructuring | in_progress | 2015-03-01 | Europe | Global Financial Solutions | USD 45 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Alignment of resources resulted in severance costs of $44.6 million in Q1 2015. Activities relate primarily to Europe, optimizing on-shore/off-shore resources and removing overlapping management. | |||
| 2015-09-30 | restructuring | in_progress | 2015-09-30 | Global | Corporate and Other | USD 36 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Additional severance charges incurred in Q3 included in $35.6 million of integration activities. | |||
| 2015-06-30 | restructuring | in_progress | 2015-03-31 | 2015-12-31 | Europe (primarily) | Global Financial Solutions (GFS) | USD 45 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Reorganization finalized March 2015; severance recorded in Q1 2015, payments to be made throughout 2015 with majority in latter half. Involves optimizing on-shore/off-shore resources and removing overlapping management. No employee count disclosed. | ||
| 2015-06-30 | divestiture_reduction | completed | 2015-06-30 | United States | Gaming industry check warranty business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Assets of gaming check warranty business sold in Q2 2015 (proceeds $237.5M, pre-tax gain $140.4M); no headcount associated with the sale disclosed. | ||||
| 2015-06-30 | divestiture_reduction | completed | 2015-01-31 | 2015-06-30 | China | China eCas business line (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of China eCas core banking software business signed January 2015, closed Q2 2015; business had nominal revenues, no headcount disclosed. | |||
| 2015-06-30 | restructuring | in_progress | 2015-03-31 | 2015-12-31 | Europe | Global Financial Solutions | USD 45 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reorganization and streamlining of operations in GFS segment. Severance payments to be made throughout 2015, majority in latter half. Activities relate primarily to Europe, optimizing on-shore/off-shore resources and removing overlapping management. | ||
| 2015-06-30 | divestiture_reduction | completed | 2,600 | 2010-09-30 | 2011-06-30 | Brazil | Discontinued Operations | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shut-down activities for Fidelity National Participacoes Ltda involved transfer and termination of approximately 2,600 employees, completed in 2011. Active labor claims remain. | ||
| 2015-03-31 | restructuring | in_progress | 2015-03-31 | 2015-06-30 | Europe | Global Financial Solutions (GFS) | USD 45 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Only month of announcement disclosed (March 2015); date anchored to quarter end. Reorganization and streamlining of global operations following segment re-segmentation; severance payments to be made throughout 2015, majority in latter half. Activities relate primarily to Europe, combining off-shore/on-shore resource optimization and removal of overlapping management roles; stated to continue into Q2 2015. No employee count disclosed. Charge recorded in Corporate and Other segment SG&A per MD&A. | ||
| 2015-03-31 | divestiture_reduction | announced | 2015-01-31 | 2015-06-30 | China | China eCas core banking software business line | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Contract signed in January 2015 (day not disclosed) to sell the China eCas business, subject to regulatory approval; expected to close in Q2 2015. Business had nominal revenues and pre-tax losses of $1.7M in Q1 2015. No headcount associated with the sale is disclosed. | |||
| 2015-03-31 | restructuring | in_progress | 2015-03-31 | 2015-12-31 | Europe | Global Financial Solutions | USD 45 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reorganization and streamlining of operations in GFS segment. Severance payments to be made throughout 2015, with majority in latter half of year. Activities relate primarily to Europe, optimizing on-shore/off-shore resources and removing overlapping management. | ||
| 2015-03-31 | divestiture_reduction | completed | 2,600 | Brazil | Discontinued Operations | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shut-down activities for Participacoes involved transfer and termination of approximately 2,600 employees. Volume transitioned in Q2 2011. | ||||
| 2014-12-31 | plant_closure | completed | 2,600 | 2010-09 | 2011 | Brazil | Item processing and remittance services (Participacoes) | USD 5 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Legacy wind-down included for continuing-exposure context, not FY2014 headcount activity: FIS decided in Q3 2010 to pursue alternatives for Participacoes; volumes transitioned in Q2 2011 and the shut-down (transfer/termination of approximately 2,600 employees) was completed in 2011. FY2014 included a $5.1 million charge to settle or provision for labor claims from those dismissals; approximately 790 labor claims remained active at December 31, 2014, with an accrued liability of $17.6 million net of $13.8 million in court-ordered deposits. | |
| 2014-12-31 | divestiture_reduction | in_progress | 2014-06 | China | eCas core banking software for small financial institutions (formerly ISG segment) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Committed during Q2 2014 to a plan to sell the eCas core banking software line serving small financial institutions in China as it did not align with strategic plans; classified as discontinued operations with $6.8 million of assets and $4.4 million of liabilities held for sale at December 31, 2014. No employee count disclosed. | ||||
| 2014-12-31 | acquisition_addition | completed | 2014-09 | 2014-10 | Belgium-headquartered, global operations | International Solutions Group — payments technology | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive agreement September 2014; closed October 2014 for $461.5 million to expand global payments capabilities (purchase price Euro-denominated; $16.2 million FX forward loss recorded). Workforce added via acquisition, but employee count not disclosed. | |||
| 2014-12-31 | acquisition_addition | completed | 2014-07 | 2014-07 | United States (Atlanta, Georgia) | Financial Solutions Group — wealth management and retirement services | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired July 2014 for $110.0 million, adding full-service wealth management and retirement technology, back-office outsourcing, and retirement trust/fiduciary services. Employee count not disclosed. | |||
| 2014-12-31 | acquisition_addition | completed | 2014-04 | 2014-04 | United States | Credit management solutions | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired April 2014 for $29.0 million. Employee count not disclosed. | |||
| 2014-12-31 | acquisition_addition | completed | 2014-04 | 2014-04 | United States | Financial Solutions Group | USD 29 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Credit Management Solutions, Inc. (CMSI) for $29.0 million; headcount added not disclosed. | ||
| 2014-12-31 | acquisition_addition | completed | 2014-07 | 2014-07 | United States | Financial Solutions Group | USD 110 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Atlanta-based Reliance Financial Corporation for $110.0 million; headcount added not disclosed. | ||
| 2014-12-31 | acquisition_addition | completed | 2014-10 | 2014-10 | Belgium / International | Payment Solutions Group | USD 462 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Clear2Pay NV for $461.5 million, expanding global payments capabilities; headcount added not disclosed. | ||
| 2014-12-31 | divestiture_reduction | in_progress | 2014 | China | International Solutions Group — eCas core banking software line | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company committed during the second quarter of 2014 to a plan to sell the eCas business serving small financial institutions in China; assets held for sale at year-end. Headcount not disclosed. | ||||
| 2014-12-31 | other | in_progress | 2011 | Brazil | Participacoes — former item processing and remittance operations (discontinued) | USD 5 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2014 charge to settle or increase provisions for labor claims arising from the 2011 shutdown affecting approximately 2,600 terminated employees; approximately 790 active labor claims remained at December 31, 2014. | |||
| 2014-12-31 | other | in_progress | 2014 | United States | Corporate and Other | USD 22 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2014 transaction and other costs, including integration activity for recent acquisitions and other severance costs; employees affected not disclosed. | |||
| 2014-12-31 | restructuring | completed | 2,600 | 2011-06-30 | 2014-12-31 | Brazil | Item Processing and Remittance Services (Participacoes) | USD 5 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Shut-down activities involved transfer and termination of approximately 2,600 employees. 2014 charge of $5.1 million to settle claims or increase provision for potential labor claims. | |
| 2014-12-31 | restructuring | in_progress | 2014-06-30 | China | International Solutions Group (eCas business line) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Company committed to a plan to sell eCas core banking software solutions business in China during the second quarter of 2014. | ||||
| 2014-09-30 | acquisition_addition | completed | 2014-05-05 | 2014-07-15 | United States | Corporate and Other | USD 110 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Reliance Financial Corporation completed 2014-07-15 for approximately $110.0 million; purchase price only, no headcount added disclosed. Segment assignment not stated by filer. | ||
| 2014-09-30 | acquisition_addition | announced | 2014-09-02 | 2014-10-01 | Belgium | Corporate and Other | USD 462 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed 2014-09-02; acquisition of Clear2Pay NV completed 2014-10-01 (after quarter end) for $461.5 million net of acquired cash. No headcount added disclosed. Segment assignment not stated by filer. | ||
| 2014-09-30 | restructuring | in_progress | 2,600 | 2010-07-01 | Brazil | Item Processing and Remittance Services | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shut-down activities involved transfer and termination of approx. 2,600 employees. Q3 2014 expenses were $2.2M. Approx. 820 active labor claims remain. | ||
| 2014-09-30 | acquisition_addition | completed | 2014-05-05 | 2014-07-15 | United States | Financial Solutions Group | USD 110 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Reliance Financial Corporation completed July 15, 2014 for $110.0M. Headcount not disclosed. | ||
| 2014-09-30 | acquisition_addition | announced | 2014-09-02 | 2014-10-01 | Belgium | Payment Solutions Group | USD 462 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Clear2Pay NV signed Sept 2, 2014 and completed Oct 1, 2014 for $461.5M. Headcount not disclosed. | ||
| 2014-06-30 | acquisition_addition | announced | 2014-05-05 | 2014-07-15 | United States | Corporate and Other (wealth management and retirement) | USD 110 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed 2014-05-05; closed 2014-07-15 for ~$110.0 million cash. Headcount added not disclosed. | ||
| 2014-06-30 | restructuring | in_progress | 2,600 | 2010-09-01 | Brazil | Item Processing and Remittance Services | USD 1 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shut-down activities involved transfer and termination of approx. 2,600 employees. Q2 2014 expenses were $0.7M. Active labor claims remain. | ||
| 2014-06-30 | acquisition_addition | announced | 2014-05-05 | 2014-07-15 | United States | Financial Solutions Group | USD 110 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Reliance Financial Corporation closed July 15, 2014. Headcount not disclosed. | ||
| 2014-03-31 | restructuring | completed | 2,600 | Brazil | Discontinued Operations (Brazil Item Processing and Remittance Services) | USD 1 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shut-down activities involved transfer and termination of approximately 2,600 employees. Completed in 2011. Q1 2014 included $0.5 million in expenses to settle claims or increase provision for potential labor claims. | |||
| 2013-12-31 | plant_closure | completed | 2,600 | 2011 | Brazil | Discontinued operations – Fidelity National Participacoes (Brazil item processing and remittance services) | USD 16 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Legacy action: strategic alternatives announced in Q3 2010; processing volume transitioned in Q2 2011 and shut-down completed in 2011 with transfer and termination of approximately 2,600 employees. FY2013-attributed charge of $15.7 million relates to settling or increasing provision for labor claims of dismissed employees (FY2011 and FY2012 charges were $34.6 million and $39.1 million). Approximately 1,080 active labor claims remained as of December 31, 2013. | ||
| 2013-12-31 | restructuring | completed | Certain international markets | International Solutions Group (ISG) | USD 9 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | FY2013 severance and other charges related to cost management initiatives; no headcount affected was disclosed. Charges reduced ISG 2013 operating margin. | ||||
| 2013-12-31 | acquisition_addition | completed | 2013-03 | Mobile banking solutions (acquired company: mFoundry, Inc.) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | mFoundry acquired in March 2013 for $115.0 million; headcount added was not disclosed. FIS also purchased remaining minority shares of mFoundry during 2013, recognizing a $9.2 million gain. Other 2013 acquisitions were disclosed as not significant individually or in aggregate, with no headcount given. | |||||
| 2013-12-31 | acquisition_addition | completed | 2013-03-01 | 2013-03-31 | United States | Payment Solutions Group | USD 115 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | mFoundry, Inc. acquired for $115.0 million in March 2013; headcount added not disclosed | ||
| 2013-12-31 | divestiture_reduction | completed | 2,600 | 2011-06-30 | 2011-06-30 | Brazil | Item processing and remittance operations (Participacoes) | USD 16 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Shutdown completed in 2011; 2013 charge of $15.7M relates to settling labor claims from the shutdown. Approximately 1,080 active labor claims remained as of December 31, 2013. Not a current-year workforce action. | |
| 2013-12-31 | restructuring | completed | 2,600 | 2010-07-01 | 2013-12-31 | Brazil | International Solutions Group | USD 16 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Shut-down of Participacoes operations. 2,600 employees transferred or terminated. $15.7M charged in 2013 to settle claims or increase provision for labor claims. | |
| 2013-12-31 | restructuring | completed | 2013-01-01 | 2013-12-31 | International | International Solutions Group | USD 9 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance and other charges related to cost management initiatives in certain international markets. | ||
| 2013-09-30 | acquisition_addition | completed | 2013-03 | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | mFoundry, Inc. acquired March 2013 for $115.0 million net of cash acquired (remaining interest); no headcount added disclosed. A $9.2 million pretax gain on the pre-acquisition investment was recorded in Other income (expense). | ||||||
| 2013-09-30 | restructuring | in_progress | 2,600 | Brazil | Discontinued Operations (Brazil Item Processing and Remittance Services) | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge to settle claims or increase provision for potential labor claims related to shut-down activities completed in 2011 involving transfer and termination of approx. 2,600 employees. | |||
| 2013-09-30 | acquisition_addition | completed | 2013-03-01 | USD 115 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed acquisition of remaining interest in mFoundry, Inc. for $115.0 million. Headcount not disclosed. | |||||
| 2013-06-30 | divestiture_reduction | completed | 2,600 | 2010-07 | 2011-06 | Brazil | Participacoes — item processing and remittance services (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Wind-down of Fidelity National Participacoes Ltda.; approx. 2,600 employees transferred or terminated by end of Q2 2011. As of 2013-06-30, approx. 1,400 active labor claims remain with a $32.2M accrual (net of $16.9M court-ordered deposits); labor-claim charges of $4.5M (Q2) and $9.2M (YTD) recorded in discontinued operations. | ||
| 2013-06-30 | acquisition_addition | completed | 2013-03-31 | 2013-03-31 | United States | Mobile banking and payment solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of remaining interest in mFoundry, Inc. for $115.0M net of cash, completed March 2013 (prior quarter); headcount added not disclosed. Closed before the quarter covered by this filing. | |||
| 2013-06-30 | restructuring | in_progress | 2010-09-30 | Brazil | Discontinued Operations (Participacoes) | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges to settle claims or increase provision for potential labor claims related to shut-down activities completed in 2011. Approximately 1,400 active labor claims remain as of June 30, 2013. | |||
| 2013-06-30 | acquisition_addition | completed | 2013-03-31 | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed acquisition of remaining interest in mFoundry, Inc. in March 2013. Headcount not disclosed. | ||||||
| 2013-03-31 | acquisition_addition | completed | 2013-03-31 | 2013-03-31 | United States | Corporate and Other | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | mFoundry, Inc. acquired in March 2013 for $115.0 million net of cash; headcount added not disclosed. | |||
| 2013-03-31 | divestiture_reduction | in_progress | 2012-06-25 | Brazil | Discontinued operations — Participacoes (item processing and remittance) | USD 5 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2013 included $4.7M charge for labor claims; ~1,500 active claims remain from 2011 shutdown of ~2,600 employees. | |||
| 2013-03-31 | restructuring | in_progress | 2,600 | 2010-09-30 | 2013-04-30 | Brazil | Discontinued Operations (Participacoes) | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shut-down activities involved transfer and termination of approx. 2,600 employees. Q1 2013 included $4.7M charge to settle claims or increase provision for potential labor claims. Former employees had up to two years from termination to file claims, extending through April 2013. | |
| 2012-12-31 | divestiture_reduction | completed | 2,600 | 2010 | Brazil | Fidelity National Participacoes Ltda. — Brazil item processing and remittance services (discontinued operations) | USD 39 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year wind-down: decision made in Q3 2010; transfer and termination of approximately 2,600 employees occurred during 2011 shutdown activities (2011 charge $34.6M). Figure shown is the FY2012 charge of $39.1M to settle or increase provision for potential labor claims. Approximately 1,550 active labor claims as of 2012-12-31; claims window closes April 2013; accrued liability of $41.4M net of $14.5M court-ordered deposits. | ||
| 2012-12-31 | divestiture_reduction | completed | 2012-06-25 | 2012-08-15 | Healthcare Benefit Solutions Business (formerly PSG segment) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | All-cash sale closed 2012-08-15 for proceeds of $332.2 million (pre-tax gain $22.0M; tax expense $78.3M). Employee headcount removed through the disposition is not disclosed; business had 2012 revenues of $80.5 million. | ||||
| 2012-12-31 | acquisition_addition | announced | 2013-01-31 | mFoundry, Inc. — mobile banking and payment solutions | subsequent_events f5-10k / GLM-5.3-flash-HTML | Subsequent event (post-FY2012): definitive agreement to acquire remaining interest in mFoundry for approximately $120 million in cash, expected to close by end of Q1 2013 subject to approvals; headcount impact not disclosed. | |||||
| 2012-12-31 | divestiture_reduction | completed | 2012-06-25 | 2012-08-15 | United States | Payment Solutions Group (Healthcare Benefit Solutions Business) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | All-cash sale of the Healthcare Benefit Solutions Business closed August 15, 2012 for $332.2 million cash proceeds; headcount associated with the divested business is not disclosed. | |||
| 2012-12-31 | plant_closure | completed | 2,600 | 2010-09-30 | 2011-06-30 | Brazil | Participacoes — item processing and remittance operations (discontinued) | USD 39 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Shut-down involving transfer/termination of approximately 2,600 employees was completed in 2011; the 2012 charge of $39.1 million relates to settling or increasing accruals for Brazilian labor claims (approximately 1,550 active claims at year-end), not to new 2012 separations. | |
| 2012-12-31 | other | completed | 2012-01-01 | 2012-12-31 | United States | Corporate (executive leadership) | USD 43 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2012 charges for payments and accelerated vesting of stock option and restricted stock grants triggered by changes in responsibility or separation of certain executives; number of executives affected is not disclosed. | ||
| 2012-12-31 | acquisition_addition | completed | 2012-01-01 | 2012-12-31 | United States | FSG / ISG (ProNet Solutions, Integrated Compliance Solutions, Memento) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three 2012 acquisitions completed (ProNet $22.3M, ICS $20.2M including contingent consideration, Memento $24.9M); headcount added through these acquisitions is not disclosed. | |||
| 2012-12-31 | acquisition_addition | announced | 2013-01-31 | 2013-03-31 | United States | Mobile banking and payment solutions (mFoundry, Inc.) | USD 120 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire the remaining interest in mFoundry for approximately $120 million cash; expected to close by end of Q1 2013. Headcount not disclosed. | ||
| 2012-12-31 | other | in_progress | 2012-12-10 | 2013-06-28 | United States | Corporate — Office of the Chief Financial Officer | USD 6 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Executive separation agreement effective December 10, 2012 with employment terminating June 28, 2013; lump-sum severance of $6,336,000 (300% of base salary plus highest prior bonus) payable six months after termination, plus pro-rated bonus and 36 months of COBRA premiums. | ||
| 2012-12-31 | restructuring | completed | 2,600 | 2010-09-30 | 2011-06-30 | Brazil | Discontinued Operations (Participacoes) | USD 39 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Shut-down activities involved transfer and termination of approx. 2,600 employees. 2012 charge of $39.1M for labor claims and admin costs. | |
| 2012-12-31 | acquisition_addition | completed | 2012-10-01 | 2012-10-01 | United States | Financial Solutions Group | USD 22 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of ProNet Solutions, Inc. for $22.3M. Headcount not disclosed. | ||
| 2012-12-31 | acquisition_addition | completed | 2012-04-01 | 2012-04-01 | United States | Financial Solutions Group | USD 20 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Integrated Compliance Solutions LLC for $20.2M. Headcount not disclosed. | ||
| 2012-12-31 | acquisition_addition | completed | 2012-04-01 | 2012-04-01 | United States | Financial Solutions Group | USD 25 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Memento Inc. for $24.9M. Headcount not disclosed. | ||
| 2012-09-30 | divestiture_reduction | completed | 2,600 | 2010-07-01 | 2012-09-30 | Brazil | Discontinued Operations (Participacoes) | USD 29 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shut-down activities involved transfer and termination of approx. 2,600 employees. YTD 2012 charges of $29.1M for labor claims and admin costs. Approx. 1,700 active labor claims remain as of Sept 30, 2012. | |
| 2012-06-30 | divestiture_reduction | completed | 2,600 | 2010-09-30 | 2011-06-30 | Brazil | Item processing and remittance services (discontinued operations) | USD 24 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic-alternatives decision made in Q3 2010; shut-down completed in Q2 2011. Approximately 2,600 employees transferred or terminated. Charge shown is the six-months 2012 increase in labor-claims accrual (Q2 2012 portion: $12.7M). Approximately 1,800 active claims and $40.2M accrued liability as of 2012-06-30; former employees have up to two years to file claims. | |
| 2012-06-30 | divestiture_reduction | announced | 2012-06-25 | 2012-09-30 | Healthcare Benefit Solutions Business (formerly PSG segment) | USD 55 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | All-cash sale for $335.0 million announced 2012-06-25; expected to close by end of Q3 2012. Charge is the anticipated after-tax loss on completion ($0.19 per share), to be recorded in discontinued operations. Headcount of the business not disclosed. | |||
| 2012-06-30 | restructuring | in_progress | 2,600 | Brazil | Brazil Item Processing and Remittance Services Operations | USD 13 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Shut-down activities involved transfer and termination of approx. 2,600 employees. Q3 2012 charge of $12.7M to increase accrual for potential labor claims. Approx. 1,800 active claims remain. | |||
| 2012-06-30 | acquisition_addition | completed | USD 20 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Integrated Compliance Solutions LLC completed in April 2012 for $20.1M. Headcount not disclosed. | ||||||
| 2012-06-30 | acquisition_addition | completed | USD 25 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Memento Inc. completed in April 2012 for $25.0M. Headcount not disclosed. | ||||||
| 2012-03-31 | restructuring | in_progress | 2010-09-30 | Brazil | Discontinued Operations (Participacoes) | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges to increase accrual for potential labor claims related to shut-down activities completed in 2011. Former employees have up to two years from termination to file claims. | |||
| 2011-12-31 | plant_closure | completed | Brazil | Item processing and remittance services (Fidelity National Participacoes Ltda. — discontinued operations) | USD 35 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Wind-down decision made in Q3 2010; processing volume transitioned to other vendors or customers in Q2 2011 and shut-down activities were completed during 2011. FY2011 charges of $34.6 million cover settlement of and reserve increases for potential labor claims arising from employee dismissals; accrued labor-claims liability stood at $31.4 million at December 31, 2011, and former employees may file claims for up to two years post-termination. Affected-employee count not disclosed. | ||||
| 2011-12-31 | divestiture_reduction | completed | 2010-07-01 | 2011-06-30 | Brazil | Item processing and remittance operations (Participacoes) | USD 35 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Strategic-alternatives decision made in Q3 2010; processing volume transitioned to other vendors or back to customers during Q2 2011 and employee dismissals for shut-down activities completed in 2011. Headcount affected not disclosed. Accrued labor-claim liability was $31.4M at 2011-12-31; former employees have up to two years from termination to file claims, so exposure continues. | ||
| 2011-12-31 | restructuring | completed | Global | FSG, PSG, and Corporate and Other | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer discloses 2011 merger, integration and severance costs of $12.4M in FSG, $13.6M in PSG and $9.5M in Corporate and Other, but does not disclose affected-employee counts, an announcement date, or a formal restructuring program; amounts are not aggregated by the filer. | |||||
| 2011-12-31 | restructuring | completed | 2010-07-01 | 2011-06-30 | Brazil | International Solutions Group | USD 35 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges of $34.6 million to settle or increase reserve for potential labor claims related to shut-down of Participacoes operations. Processing volume transitioned in Q2 2011. | ||
| 2011-12-31 | acquisition_addition | completed | 2010-12-02 | 2010-12-02 | Global | Financial Solutions Group; International Solutions Group | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Capco on December 2, 2010. Specific headcount not disclosed. | |||
| 2011-09-30 | divestiture_reduction | completed | 2010-09-30 | 2011-06-30 | Brazil | Item processing and remittance services (Fidelity National Participacoes Ltda.) | USD 28 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Processing volume transitioned to other vendors/customers in Q2 2011; employee dismissals related to the shutdown are complete. Nine-month 2011 charge of $28.1M ($12.6M in Q3) increased the accrual for potential labor claims; accrued liability was $29.2M at 2011-09-30. Number of employees dismissed not disclosed. Announcement date reflects the decision to pursue strategic alternatives during Q3 2010. | ||
| 2011-09-30 | restructuring | in_progress | 2010-07-01 | 2013-09-30 | Brazil | Discontinued Operations (Brazil Item Processing and Remittance Services) | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges of $12.6 million recorded in Q3 2011 to increase accrual for potential labor claims related to shut-down activities. Former employees have up to two years from termination to file claims. Total accrued liability for labor claims is $29.2 million as of Sept 30, 2011. | ||
| 2011-09-30 | restructuring | in_progress | 2010-07-01 | 2013-09-30 | Brazil | Discontinued Operations (Brazil Item Processing and Remittance Services) | USD 28 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges of $28.1 million recorded in the nine months ended Sept 30, 2011 to increase accrual for potential labor claims related to shut-down activities. | ||
| 2011-09-30 | restructuring | completed | North America | Payment Solutions Group | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Integration and severance costs of $4.3 million included in Q3 2011 results. | ||||
| 2011-09-30 | restructuring | completed | North America | Payment Solutions Group | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Integration and severance costs of $10.4 million included in the nine months ended Sept 30, 2011. | ||||
| 2011-06-30 | divestiture_reduction | completed | 2010 | 2011-06-30 | Brazil | Item processing and remittance services (Fidelity National Participacoes Ltda.) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic-alternatives decision made in Q3 2010; processing volume transitioned to other vendors or back to customers during Q2 2011. No employee count disclosed. Company expects continued exposure to retained labor claims for about two years. | |||
| 2010-12-31 | acquisition_addition | completed | 2010-12-02 | 2010-12-02 | Global | Consulting (Capco); international operations reported within ISG | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Capco acquired December 2, 2010 for $411.5 million; no employee headcount disclosed. Retention plans established: New Hires and Promotions Incentive Plan (up to $67.8 million, 2013-2015) and Employee Loyalty Incentive Plan (up to 1% of Capco revenue, 2011-2015). | |||
| 2010-12-31 | divestiture_reduction | completed | 2009-10-30 | 2010-01-01 | ClearPar (loan-processing services) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive sale agreement dated October 30, 2009; transaction closed January 1, 2010 for proceeds of $71.5 million (pretax gain $5.7 million; after-tax loss $9.8 million). No employee headcount disclosed. | ||||
| 2010-12-31 | divestiture_reduction | announced | 2010 | Brazil | Participacoes (Brazil item processing and remittance services) | USD 25 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | In Q3 2010 the Company decided to pursue strategic alternatives for the loss-making Brazil unit; assets and liabilities classified as held for sale at December 31, 2010. The $25.0 million charge is an impairment of property, equipment, and intangible assets, not severance; no employee headcount disclosed. | |||
| 2010-12-31 | divestiture_reduction | completed | 2009-10-30 | 2010-01-01 | United States | ClearPar | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive sale agreement entered October 30, 2009; transaction closed January 1, 2010 with proceeds of $71.5 million. Headcount not disclosed. | |||
| 2010-12-31 | acquisition_addition | completed | 2010-10 | 2010-10 | United States | ValueCentric Marketing Group, Inc. | USD 33 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired for $32.8 million in October 2010; exact day not disclosed. Headcount added not disclosed. | ||
| 2010-12-31 | acquisition_addition | completed | 2010-12-02 | 2010-12-02 | Global | Capco (The Capital Markets Company NV) — consulting | USD 412 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total purchase price $411.5 million, including $297.8 million cash at closing for 89% of stock plus contingent consideration. Headcount added not disclosed; Capco is a financial services consultancy with operations in multiple countries. | ||
| 2010-12-31 | divestiture_reduction | announced | 2010-09 | Brazil | Fidelity National Participacoes Ltda. (item processing and remittance services) | USD 25 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | During Q3 2010 the company decided to pursue strategic alternatives for Participacoes after a customer signaled intent to remove processing volumes; assets and liabilities classified as held for sale at December 31, 2010. $25.0 million impairment on property, equipment and intangibles recorded. Exact announcement day not disclosed; headcount not disclosed. | |||
| 2010-06-30 | restructuring | in_progress | USD 50 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Integration and merger related charges, including severance costs, relocation and integration costs, synergy incentives and facility and technology platform activity. | ||||||
| 2010-06-30 | restructuring | in_progress | USD 54 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Integration and merger related charges, including severance costs, relocation and integration costs, synergy incentives and facility and technology platform activity for the six-month period. | ||||||
| 2010-03-31 | divestiture_reduction | completed | 2009-10-30 | 2010-01-01 | ClearPar | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of ClearPar closed January 1, 2010 with $71.5 million proceeds; no employee count disclosed. ClearPar results reported as discontinued operations. | ||||
| 2010-03-31 | acquisition_addition | completed | 2010-03-24 | 2010-03-24 | Payment Solutions Group (merchant acquiring) | USD 50 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Accounted for as an asset acquisition of customer relationships for $50.0 million; no headcount transferred or disclosed. Charge value shown is the purchase price, not a severance or restructuring charge. | |||
| 2010-03-31 | restructuring | in_progress | USD 17 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Integration and merger related charges, including severance, incentive bonuses and lease adjustments contributed $17.3 million of the year-over-year increase in SG&A. | ||||||
| 2010-03-31 | other | completed | 2010-02-28 | Executive | USD 2 (millions) | other f5-10q / Qwen3.6-27B-Q8_0 | Termination of employment agreement for Lee A. Kennedy, former CEO. Cash payment of $2,481,666.67 and vesting of 509,166 stock options. | ||||
| 2009-12-31 | acquisition_addition | completed | 2009-03-31 | 2009-10-01 | Core processing, payments (incl. NYCE Network), trust and wealth management, treasury and cash management, healthcare and government payments | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Metavante Technologies, Inc. acquired October 1, 2009 via all-stock merger (merger agreement dated March 31, 2009; each Metavante share converted into 1.35 FIS shares). Total purchase price approximately $4,187.8 million. No separate Metavante employee headcount was disclosed; the year-end total workforce of approximately 31,000 reflects the combination. | ||||
| 2009-12-31 | divestiture_reduction | completed | 2009-10-30 | 2010-01-01 | ClearPar (presented in discontinued operations) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive agreement to sell ClearPar entered into October 30, 2009 because operations did not align with strategic plans; net assets classified as held for sale at December 31, 2009 and the transaction closed January 1, 2010 for proceeds of $71.5 million (pretax gain of $5.7 million; after-tax loss of $9.8 million). No employee count disclosed. | ||||
| 2009-12-31 | restructuring | completed | United States (domestic operations) | MD&A f5-10k / GLM-5.3-flash-HTML | Company states it reduced domestic headcount and capital expenditures in 2009 from 2008 levels, prior to consideration of the Metavante acquisition; magnitude not quantified. Separately, restructuring, integration and merger-related charges (including severance, advisory fees, incentive bonuses and lease adjustments) contributed $108.5 million of the year-over-year SG&A increase. | ||||||
| 2009-12-31 | acquisition_addition | completed | 2009-03-31 | 2009-10-01 | United States | Enterprise (FSG, PSG, ISG) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Metavante merger completed October 1, 2009; 163.6 million FIS shares issued (purchase price $4,187.8 million). Employee headcount added through the acquisition is not disclosed. | |||
| 2009-12-31 | divestiture_reduction | completed | 2009-10-30 | 2010-01-01 | United States | ClearPar | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive sale agreement signed October 30, 2009; net assets classified as held for sale at December 31, 2009; transaction closed January 1, 2010 for $71.5 million. Headcount not disclosed. | |||
| 2009-12-31 | restructuring | in_progress | United States | Corporate and Other | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2009 restructuring, integration and merger-related charges (professional fees, severance, incentive bonuses, lease adjustments) contributed $108.5 million of the year-over-year SG&A increase; no employee count or separate charge amount disclosed. | |||||
| 2009-12-31 | other | completed | 2009-12-31 | United States | Domestic operations | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Management states domestic headcount was reduced in 2009 versus 2008 before giving effect to the Metavante acquisition; no count, timing, or program detail given. | ||||
| 2009-12-31 | restructuring | completed | 2009 | Domestic | Corporate | USD 109 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduction in domestic headcount and restructuring, integration and merger related charges including severance. | |||
| 2009-12-31 | acquisition_addition | completed | 2009-10-01 | Global | All Segments | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Metavante on October 1, 2009. Headcount added not explicitly quantified in filing. | ||||
| 2009-09-30 | acquisition_addition | completed | 2009-03-31 | 2009-10-01 | Global | Corporate / multiple segments | USD 30 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger closed 2009-10-01; approximately 164.1 million FIS shares issued. Headcount added not disclosed; ~$30.0M accelerated stock-award compensation charge to be recorded in Q4 2009. | ||
| 2009-09-30 | other | announced | 2009-10-01 | United States | Corporate | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Private placement of 12.9M shares to Thomas H. Lee Partners (~$200M) and 3.2M shares to FNF (~$50M); equity issuance, no headcount impact disclosed. | ||||
| 2009-09-30 | other | announced | 2009-10-29 | 2009-12-31 | Global | ClearPar automated syndicated loan trade settlement business | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell ClearPar business to Markit Group Holdings Limited; expected to close Q4 2009. Filer states financial impact not material; headcount affected not disclosed. | |||
| 2009-09-30 | restructuring | in_progress | USD 15 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Merger related costs associated with the Metavante acquisition incurred in the nine-month period ended September 30, 2009. | ||||||
| 2009-06-30 | restructuring | completed | Domestic | Corporate and Other | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | MD&A states the company 'reduced both domestic headcount and capital expenditures in 2009'. It attributes a $2.6 million decrease in stock-based compensation for the three-month period ended June 30, 2009, compared to 2008, to 'acceleration charges related to terminations included in the prior year period'. No specific headcount reduction number is provided for the current period. | ||||
| 2009-03-31 | restructuring | in_progress | Domestic | Corporate and Other | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Company reduced domestic headcount in 2009 from 2008 levels to manage costs prudently. | |||||
| 2008-12-31 | divestiture_reduction | completed | 2008-07-02 | 2008-07-02 | Lender Processing Services (former segment) | USD 9 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Entire Lender Processing Services segment spun off to shareholders as an independent NYSE-listed company; headcount transferred is not disclosed. FIS equity awards held by employees who became LPS employees were cancelled and converted to LPS awards. Per MD&A, $9.3 million of LPS spin-off costs were recorded in SG&A during 2008 (captured as the associated charge). | |||
| 2008-12-31 | divestiture_reduction | completed | 2008-10-13 | 2008-10-13 | Australia | Certegy Australia, Ltd. (retail check business) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sold for $21.1 million in cash and other consideration; a related $26.0 million pre-tax check-trademark impairment (approx. $17.7 million net of tax) is in discontinued operations. Employee headcount affected not disclosed. | |||
| 2008-12-31 | divestiture_reduction | completed | 2008-04-01 | 2008-04-01 | Certegy Gaming Services, Inc. | USD 4 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sold for $25.0 million with a $4.1 million pre-tax loss realized on sale (captured as associated charge); headcount affected not disclosed. | |||
| 2008-12-31 | divestiture_reduction | completed | 2008-02-29 | 2008-02-29 | FIS Credit Services, Inc. | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sold for $6.0 million, realizing a $1.4 million pre-tax gain; headcount affected not disclosed. | ||||
| 2008-12-31 | other | completed | 2008 | Homebuilders Financial Network, LLC and related entities | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Business unit was discontinued and dissolved during 2008 following the loss of a major customer; not a sale, so classified as 'other'. Headcount affected not disclosed. | |||||
| 2008-12-31 | restructuring | in_progress | 2008 | Corporate and Other | USD 21 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Aggregate of restructuring and integration charges recorded in Corporate and Other SG&A during fiscal 2008 (vs. $6.0 million in 2007), primarily tied to the eFunds acquisition integration; headcount impacts and program completion timeline are not disclosed. Charges bundled integration costs, so amount is not purely severance. | ||||
| 2008-12-31 | divestiture_reduction | completed | 2008-07-02 | 2008-07-02 | United States | Lender Processing Services segment | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spin-off of the Lender Processing Services segment as a separate public company; associated assets, liabilities, businesses and employees transferred to LPS. Headcount transferred is not disclosed. Filer separately notes $9.3 million of LPS spin-off costs in SG&A. | |||
| 2008-12-31 | divestiture_reduction | completed | 2008-04-01 | 2008-04-01 | United States | Certegy Gaming Services, Inc. | USD 4 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold for $25.0 million because operations did not align with strategic plans; associated charge is the pre-tax loss on sale, not severance. Headcount not disclosed. | ||
| 2008-12-31 | divestiture_reduction | completed | 2008-10-13 | 2008-10-13 | Australia | Certegy Australia, Ltd. (retail check business) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold for $21.1 million in cash and other consideration because operations did not align with strategic plans. Headcount not disclosed; a $52.0 million trademark impairment charge partly related to this business is reported elsewhere. | |||
| 2008-12-31 | divestiture_reduction | completed | 2008-02-29 | 2008-02-29 | United States | FIS Credit Services, Inc. | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold for $6.0 million with a pre-tax gain of $1.4 million because operations did not align with strategic plans. Headcount not disclosed. | |||
| 2008-12-31 | divestiture_reduction | completed | United States | Homebuilders Financial Network, LLC | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Discontinued and dissolved during 2008 following the loss of a major customer; no transaction date or headcount disclosed. | |||||
| 2008-12-31 | acquisition_addition | completed | 2008-05-15 | 2008-05-15 | McDash Analytics | USD 19 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price net of cash acquired; headcount added not disclosed. Only acquisition of $10 million or more completed in 2008 per the disclosed table. | |||
| 2008-12-31 | restructuring | in_progress | Corporate and Other | USD 21 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Incremental restructuring and integration charges recognized in 2008 versus 2007, driven by eFunds integration; no employee counts, program description, or completion timeline disclosed. No separate restructuring footnote is presented in this filing. | |||||
| 2008-12-31 | restructuring | completed | Global | Corporate and Other | USD 21 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with the LPS spin-off and additional restructuring and integration charges. | ||||
| 2008-12-31 | acquisition_addition | completed | 2007-09-12 | Global | All Segments | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of eFunds Corporation completed September 12, 2007. Headcount not explicitly disclosed. | ||||
| 2008-12-31 | divestiture_reduction | completed | 2008-07-02 | Global | Lender Processing Services | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Spin-off of Lender Processing Services (LPS) on July 2, 2008. Employees transferred to LPS. | ||||
| 2008-09-30 | divestiture_reduction | completed | 2008-07-02 | 2008-07-02 | United States | Lender Processing Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off distributed all LPS shares to FIS holders; record date 2008-06-24. Employees, assets and liabilities of the segment transferred; no employee count disclosed. | |||
| 2008-09-30 | divestiture_reduction | completed | 2008-04-01 | 2008-04-01 | United States | Certegy Gaming Services | USD 4 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sold for $25.0 million with a disclosed pretax loss of $4.1 million; no headcount disclosed. | ||
| 2008-09-30 | divestiture_reduction | completed | 2008-02-29 | 2008-02-29 | United States | FIS Credit Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sold for $6.0 million with a pretax gain of $1.4 million; no headcount disclosed. | |||
| 2008-09-30 | divestiture_reduction | completed | United States | Homebuilders Financial Network | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | HFN and related entities discontinued and dissolved during the nine months ended 2008-09-30 after losing a major customer; no specific date or headcount disclosed. | |||||
| 2008-09-30 | acquisition_addition | completed | 2008-05-15 | 2008-05-15 | McDash Analytics | USD 19 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price of $19.1 million net of cash acquired; no headcount added disclosed. | |||
| 2008-09-30 | divestiture_reduction | completed | 2008-10-13 | 2008-10-13 | Australia | Certegy Australia, Ltd. | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Operating assets sold to Flexigroup Limited for about A$30.0 million plus expected incremental net cash of about A$147.0 million from receivables; results to be reported as discontinued operations in Q4 2008. No headcount disclosed. | |||
| 2008-09-30 | restructuring | completed | 2008-03-31 | 2008-03-31 | eFunds employees | USD 14 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acceleration of vesting of all stock awards held by eFunds employees assumed in acquisition. | |||
| 2008-09-30 | restructuring | completed | 2008-09-30 | 2008-09-30 | Certain executives | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acceleration upon termination of certain executive unvested stock awards. | |||
| 2008-09-30 | divestiture_reduction | completed | 2008-07-02 | 2008-07-02 | Lender Processing Services (LPS) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Spin-off of LPS segment; all assets, liabilities, businesses, and employees transferred to LPS. | ||||
| 2008-09-30 | divestiture_reduction | completed | 2008-04-01 | 2008-04-01 | Certegy Gaming Services | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Certegy Gaming Services. | ||||
| 2008-09-30 | divestiture_reduction | completed | 2008-02-29 | 2008-02-29 | FIS Credit Services | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of FIS Credit Services. | ||||
| 2008-09-30 | divestiture_reduction | completed | 2008-09-30 | 2008-09-30 | Homebuilders Financial Network | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Discontinued and dissolved HFN due to loss of major customer. | ||||
| 2008-06-30 | divestiture_reduction | completed | 2008-04-01 | 2008-04-01 | United States | Transaction Processing Services — Certegy Gaming Services, Inc. | USD 1 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sold for $25.0 million with a pretax loss of $0.8 million; no headcount disclosed. | ||
| 2008-06-30 | divestiture_reduction | completed | 2008-02-29 | 2008-02-29 | United States | FIS Credit Services, Inc. | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sold for $6.0 million with a pre-tax gain of $1.6 million; no headcount disclosed. | |||
| 2008-06-30 | divestiture_reduction | completed | 2008-06-30 | 2008-06-30 | United States | Homebuilders Financial Network, LLC (HFN) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business exited during the six months ended 2008-06-30 due to loss of a major customer; no headcount disclosed. | |||
| 2008-06-30 | divestiture_reduction | completed | 2008-07-02 | 2008-07-02 | United States | Lender Processing Services segment (spun off as LPS, Inc.) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off completed 2008-07-02; substantially all LPS assets, liabilities, businesses and employees transferred to LPS, Inc. No headcount disclosed. | |||
| 2008-06-30 | other | completed | 2008-03-31 | 2008-03-31 | United States | Corporate — eFunds employee stock awards | USD 14 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Vesting of all eFunds employee stock awards accelerated; $14.1 million additional stock compensation expense recorded. Number of employees affected not disclosed. | ||
| 2008-06-30 | other | completed | 2008-06-30 | 2008-06-30 | United States | Corporate — executive terminations | USD 3 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges for accelerated vesting of certain executive unvested stock awards upon termination; number of executives not disclosed. | ||
| 2008-06-30 | restructuring | in_progress | Corporate and Other | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges associated with the spin-off of Lender Processing Services, Inc. disclosed for the three months ended June 30, 2008. | |||||
| 2008-06-30 | restructuring | in_progress | Corporate and Other | USD 8 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Costs associated with the spin-off of Lender Processing Services, Inc. disclosed for the six months ended June 30, 2008. | |||||
| 2008-06-30 | other | completed | 2008-03-31 | eFunds employees | USD 14 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acceleration of vesting of all stock awards held by eFunds employees, resulting in additional stock compensation expense. | ||||
| 2008-06-30 | other | completed | Executive | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges relating to the acceleration of certain executive unvested stock awards upon termination. | |||||
| 2008-06-30 | restructuring | in_progress | Corporate and Other | USD 16 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Personnel related charges for severance, retention and relocation disclosed for the three months ended June 30, 2008. | |||||
| 2008-03-31 | divestiture_reduction | completed | 2008-02-29 | United States | Transaction Processing Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sold for $6.0 million with a $4.0 million pre-tax gain; no employee count disclosed. Business deemed not in line with strategic plans. | ||||
| 2008-03-31 | divestiture_reduction | completed | 2008-04-01 | United States | Transaction Processing Services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale completed April 1, 2008 for $25.0 million, after quarter end; no employee count disclosed. Assets of $38.3 million and liabilities of $13.3 million were on the March 31, 2008 balance sheet. | ||||
| 2008-03-31 | divestiture_reduction | completed | United States | Lender Processing Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business exited due to loss of a major customer; no exit date or employee count disclosed. | |||||
| 2008-03-31 | restructuring | in_progress | 2008-06-30 | USD 42 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Estimated severance payments associated with exiting activities of acquired eFunds Corporation. Evaluation expected to substantially complete during first half of 2008. | |||||
| 2007-12-31 | acquisition_addition | completed | 2007-06-26 | 2007-09-12 | United States and international | Transaction Processing Services | USD 42 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of eFunds completed September 12, 2007 for approximately $1,790.8 million; businesses integrated into the TPS segment. Headcount added not disclosed. Purchase accounting liabilities included estimated severance payments of $41.6 million and estimated employee relocation and facility closure costs of $21.5 million tied to exit activities at the acquired company. | ||
| 2007-12-31 | divestiture_reduction | completed | 2007-08-31 | 2007-08-31 | Lender Processing Services (Property Insight, LLC) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Subsidiary sold to FNF on August 31, 2007 for $95.0 million cash, realizing a pre-tax gain of $66.9 million ($42.1 million after-tax); reported as a discontinued operation. Number of employees transferred or affected not disclosed. | ||||
| 2007-12-31 | divestiture_reduction | announced | 2007-10-25 | 2008 | Lender Processing Services (LPS) segment | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Board approved pursuing a spin-off of the LPS segment into a standalone public company (LPS, Inc.) via a tax-free share distribution and an approximately $1.6 billion debt-for-debt exchange. Expected completion mid-2008, subject to IRS and SEC approvals; headcount to be transferred not disclosed. FIS CFO Jeff Carbiener expected to become CEO of LPS, Inc. | ||||
| 2007-12-31 | divestiture_reduction | announced | 2008-02-28 | 2008 | Check Services (Certegy Gaming Services, Inc.) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Agreement announced February 28, 2008 to sell Certegy Gaming Services, Inc. to Global Cash Access Holdings, Inc. for approximately $100.0 million in cash (including cash used to fund ATM operations); closing expected late March or early April 2008. Headcount affected not disclosed. | ||||
| 2007-12-31 | acquisition_addition | completed | 2007-06-26 | 2007-09-12 | United States and international | Transaction Processing Services | USD 1,791 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total purchase price of $1,790.8 million; acquired liabilities included $41.6 million estimated severance payments and $21.5 million estimated employee relocation and facility closure costs. Headcount added not disclosed. eFunds results included from 2007-09-12. | ||
| 2007-12-31 | acquisition_addition | completed | 2007-06-08 | USD 43 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price net of cash acquired; headcount added not disclosed. | |||||
| 2007-12-31 | acquisition_addition | completed | 2007-02-15 | USD 19 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price net of cash acquired; headcount added not disclosed. | |||||
| 2007-12-31 | divestiture_reduction | completed | 2007-08-31 | United States | Lender Processing Services | USD 67 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold to FNF for $95.0 million cash; $66.9 million pre-tax gain ($42.1 million after-tax) reported in discontinued operations. Headcount removed not disclosed. | |||
| 2007-12-31 | divestiture_reduction | announced | 2007-10-25 | 2008-06-30 | United States | Lender Processing Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board-approved plan to spin off the LPS segment into Lender Processing Services, Inc.; completion expected mid-2008, contingent on SEC and IRS approvals. Approximately $1.6 billion of LPS, Inc. debt securities to be exchanged for existing FIS debt. Headcount affected not disclosed. | |||
| 2007-12-31 | divestiture_reduction | announced | 2008-02-28 | 2008-04-30 | United States | Transaction Processing Services — Check Services (gaming/cash access) | USD 100 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Certegy Gaming Services, Inc. to Global Cash Access Holdings, Inc. for approximately $100.0 million cash, including cash used to fund ATM operations; expected to close late March or early April 2008. Follows the 2007-08-02 announcement that management was evaluating strategic alternatives for the U.S. and Australian check services businesses. Headcount affected not disclosed. | ||
| 2007-09-30 | acquisition_addition | completed | 2007-06-26 | 2007-09-12 | United States | Transaction Processing Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | All-cash acquisition completed 2007-09-12 for $1,786.9 million; eFunds business units to operate within TPS segment. Headcount added not disclosed. | |||
| 2007-09-30 | divestiture_reduction | completed | 2007-08-31 | 2007-08-31 | United States | Lender Processing Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Property Insight to FNF for $95.0 million cash; reported as discontinued operation. Headcount removed not disclosed. | |||
| 2007-09-30 | divestiture_reduction | announced | 2007-10-25 | 2008-06-30 | United States | Lender Processing Services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved plan to spin off LPS division as a separate public company; expected completion mid-2008. Headcount impact not disclosed. | |||
| 2007-09-30 | other | in_progress | 2007-08-02 | United States, Australia | Check Services | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Management evaluating strategic alternatives for U.S. and Australian check services businesses; no transaction assured. Headcount impact not disclosed. | ||||
| 2007-09-30 | restructuring | in_progress | USD 34 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Estimated severance payments recognized in purchase price allocation for eFunds acquisition. | ||||||
| 2007-09-30 | restructuring | in_progress | USD 10 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Estimated employee relocation and facility closure costs recognized in purchase price allocation for eFunds acquisition. | ||||||
| 2007-06-30 | acquisition_addition | completed | 2007-06-08 | 2007-06-08 | United States | Transaction Processing Services | USD 43 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Espiel, Inc. and Financial Systems Integrators, Inc. for approximately $43.3 million; no employee headcount disclosed. | ||
| 2007-06-30 | acquisition_addition | announced | 2007-06-27 | 2007-09-30 | United States | Transaction Processing Services | USD 1,800 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | All-cash acquisition of eFunds Corporation valued at approximately $1.8 billion; expected to close before end of Q3 2007; no employee headcount disclosed. | ||
| 2007-06-30 | divestiture_reduction | announced | 2007-08-02 | 2007-09-30 | United States | Lender Processing Services | USD 95 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Property Insight subsidiary to FNF for $95.0 million cash; subsidiary had approximately $14.8 million in net assets; no employee headcount disclosed. | ||
| 2007-06-30 | other | announced | 2007-08-02 | United States, Australia | Check Services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board authorized evaluation of strategic alternatives for U.S. and Australian check services businesses; no workforce reduction quantified. | ||||
| 2006-12-31 | restructuring | in_progress | 2006-02-01 | Certegy (acquired business) | USD 10 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Estimated severance for certain Certegy employees recorded as a liability assumed in Certegy Merger purchase accounting (fair values as of the February 1, 2006 acquisition date); affected headcount and payment status not disclosed; status treated as in progress at fiscal year-end. | ||||
| 2006-12-31 | restructuring | in_progress | 2006-02-01 | Certegy (acquired business) | USD 10 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Estimated employee relocation and facility closure costs recognized in Certegy Merger purchase accounting as liabilities associated with exiting activities of the acquired company; headcount and completion timing not disclosed; status treated as in progress at fiscal year-end. | ||||
| 2006-12-31 | acquisition_addition | completed | 2005-09-14 | 2006-02-01 | United States | Transaction Processing Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Reverse acquisition of Certegy completed 2006-02-01; acquired headcount not disclosed. Purchase price approximately $2,181.1 million. | |||
| 2006-12-31 | restructuring | in_progress | 2006-02-01 | United States | Transaction Processing Services | USD 10 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Estimated severance payments to certain Certegy employees recorded as an assumed liability in the purchase price allocation; employee count not disclosed. | |||
| 2006-12-31 | restructuring | in_progress | 2006-02-01 | United States | Transaction Processing Services | USD 10 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Estimated employee relocation and facility closure costs recorded as an assumed liability; employee count and specific facilities not disclosed. | |||
| 2006-12-31 | acquisition_addition | completed | 2006-02-01 | United States | Transaction Processing Services | USD 14 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price $14.0 million; acquired headcount not disclosed. | |||
| 2006-12-31 | acquisition_addition | completed | 2006-07-17 | Brazil | Transaction Processing Services | USD 16 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price $16.2 million; acquired headcount not disclosed. | |||
| 2006-12-31 | acquisition_addition | completed | 2006-11-02 | United States | Lender Processing Services | USD 10 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price $10.4 million; acquired headcount not disclosed. | |||
| 2006-12-31 | divestiture_reduction | completed | 2006-12-31 | United States | Lender Processing Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Deconsolidation rather than a sale: FNF took approximately 61% of FNRES for $52.5 million, leaving FIS a 39% equity interest; affected headcount not disclosed. | ||||
| 2006-09-30 | acquisition_addition | completed | 2005-09-14 | 2006-02-01 | United States | Transaction Processing Services | USD 10 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Certegy merger completed 2006-02-01; purchase price allocation includes $10.0M estimated severance for certain Certegy employees and $9.5M relocation/facility closure costs. No employee headcount added disclosed. | ||
| 2006-09-30 | acquisition_addition | completed | 2006-02-01 | United States | Transaction Processing Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | FastFunds/Chex Services acquired 2006-02-01 for $14.0M cash; provides cash access services to ~50 casinos. No headcount disclosed. | ||||
| 2006-09-30 | acquisition_addition | completed | 2006-07-17 | Brazil | other | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Proservvi Empreendimentos e Servicos Ltda. acquired 2006-07-17 for $2.8M cash plus $13.3M debt assumption; renamed Fidelity BPO Brazil Ltda. No headcount disclosed. | ||||
| 2006-09-30 | acquisition_addition | announced | 2006-11-02 | 2006-11-02 | United States | Lender Processing Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Watterson Prime, LLC acquired for approximately $8.5M in cash plus earn-out incentives; due diligence services provider. Disclosed as subsequent event. No headcount disclosed. | |||
| 2006-09-30 | restructuring | in_progress | 2006-02-01 | USD 10 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Estimated severance payments to certain Certegy employees assumed in purchase accounting. | |||||
| 2006-09-30 | restructuring | in_progress | 2006-02-01 | USD 10 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Estimated employee relocation and facility closure costs assumed in purchase accounting. | |||||
| 2006-06-30 | restructuring | in_progress | 2006-02-01 | USD 10 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Estimated severance payments to certain Certegy employees assumed in purchase accounting. | |||||
| 2006-06-30 | restructuring | in_progress | 2006-02-01 | USD 10 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Estimated employee relocation and facility closure costs assumed in purchase accounting. | |||||
| 2006-03-31 | acquisition_addition | completed | 2005-09-14 | 2006-02-01 | United States | Transaction Processing Services (Certegy card and check processing) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Reverse-acquisition merger with Certegy completed February 1, 2006; Certegy results included from that date. No employee headcount added was disclosed. Purchase price allocation assumed $10.0 million of estimated severance payments to certain Certegy employees. | |||
| 2006-03-31 | restructuring | completed | 2006-02-01 | United States | Corporate / facilities (duplicate facility closures, employee relocation) | USD 9 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Liabilities recognized at the Certegy merger for exiting activities: estimated employee relocation and facility closure costs of $9.3 million, plus $10.0 million of estimated severance payments to certain Certegy employees. No affected-employee counts or completion timing disclosed; amounts may be refined in subsequent periods. | |||
| 2006-03-31 | acquisition_addition | completed | 2006-02-01 | 2006-02-01 | United States, Canada, Caribbean | Transaction Processing Services (cash access services) | USD 14 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of certain assets of FastFunds and subsidiary Chex Services for $14.0 million cash; serves approximately 50 casinos. No employee headcount disclosed. | ||
| 2006-03-31 | restructuring | in_progress | 2006-02-01 | USD 10 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Estimated severance payments to certain Certegy employees assumed in purchase price allocation. | |||||
| 2006-03-31 | restructuring | in_progress | 2006-02-01 | USD 9 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Estimated employee relocation and facility closure costs assumed in purchase price allocation. | |||||
| 2005-12-31 | acquisition_addition | completed | 2005-09-14 | 2006-02-01 | subsequent_events f5-10k / GLM-5.3-flash-HTML | Tax-free merger of Former FIS into a wholly owned Certegy subsidiary closed February 1, 2006; combined workforce of approximately 19,323 disclosed as of that date. Incremental headcount contributed by Former FIS is not separately quantified. | |||||
| 2005-12-31 | restructuring | completed | 2006-02-01 | USD 27 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Post-merger terminations under Certegy change-in-control agreements: certain employees were terminated without cause and others elected to leave for good reason. Payments of $27.4 million recorded at merger completion cover severance, retirement benefits, medical coverage and other benefits; employee count not disclosed. Related SERP payments to terminated participants totaled $1.7 million. | |||||
| 2005-12-31 | restructuring | announced | 2006-02-01 | USD 10 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Following the merger, the company determined certain Certegy employees are no longer needed and has or will be terminating them; expected severance cost approximately $10.0 million. Number of employees affected not disclosed. | |||||
| 2005-12-31 | divestiture_reduction | completed | 2004-09 | 2005-09 | Card Services (merchant acquiring business) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Board approved sale plan September 2004; majority of the merchant acquiring business sold in Q2 2005 for $57.0 million (after-tax gain $27.3 million) and the remaining portfolio in September 2005 for $3.0 million. Business reported as discontinued operations; headcount impact not quantified. | ||||
| 2005-12-31 | divestiture_reduction | completed | 2004-09-01 | 2005-09-30 | United States | Card Services — merchant acquiring | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board approved the sale in September 2004; majority of the merchant acquiring business sold in Q2 2005 and the remaining portfolio sold in September 2005. Headcount removed through the disposition is not disclosed. | |||
| 2005-12-31 | acquisition_addition | completed | 2005-09-14 | 2006-02-01 | United States | Company-wide | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Reverse acquisition of Certegy by Former FIS completed February 1, 2006; approximately 127.9 million shares issued. Combined-company headcount added is not disclosed in this filing. | |||
| 2005-12-31 | acquisition_addition | completed | 2006-02-01 | 2006-02-01 | United States, Canada, Caribbean | Check Services — gaming cash access | USD 14 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of FastFunds Financial Corporation and Chex Services, Inc. for approximately $14 million net of cash acquired; acquired headcount not disclosed. | ||
| 2005-12-31 | reduction_in_force | completed | 2006-02-01 | 2006-02-01 | United States | Certegy executive officers and certain other employees | USD 27 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Upon merger closing, certain employees were terminated without cause and others elected to terminate, triggering change-in-control benefits of $27.4 million recorded at completion; includes $1.7 million of supplemental retirement plan payments to terminated participants. Headcount not disclosed. | ||
| 2005-12-31 | restructuring | in_progress | 2006-02-01 | United States | Certegy employees — merger integration | USD 10 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Estimated severance of approximately $10.0 million for Certegy employees determined to be no longer needed following the merger; expected to be incurred in 2006. Headcount not disclosed. | |||
| 2005-12-31 | restructuring | announced | 2006-02-01 | Global | Corporate | USD 10 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Severance costs for employee terminations resulting from the merger are expected to approximate $10.0 million. | |||
| 2005-12-31 | other | completed | 2006-02-01 | 2006-02-01 | Global | Executive Officers | USD 27 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Change in control agreements triggered by merger; amounts paid for benefits totaled $27.4 million. | ||
| 2005-12-31 | other | completed | 2006-02-01 | 2006-02-01 | Global | Officers and Employees | USD 12 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | New employment agreements replacing change in control agreements; amounts paid totaled $11.6 million. | ||
| 2005-12-31 | other | completed | 2006-02-01 | 2006-02-01 | Global | Supplemental Executive Retirement Plan | USD 2 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | SERP lump sum payments to terminated participants totaled $1.7 million. | ||
| 2005-12-31 | acquisition_addition | completed | 2005-09-14 | 2006-02-01 | United States | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger agreement executed September 2005; business combination closed 2006-02-01, after fiscal year-end. No employee headcount added through the combination is disclosed in this amendment. | ||||
| 2005-12-31 | other | completed | 3 | 2006-02-01 | 2006-02-28 | United States | Executive officers | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Named executive officers Towe, Vollkommer and Korchun had employment terminate in February 2006 in connection with the merger; each became entitled to change-in-control severance (three times base plus bonus for Towe and Vollkommer, two times for Korchun). Subsequent-event disclosure; no aggregate severance amount for these terminations is stated. | ||
| 2005-03-31 | other | in_progress | 2004-03-01 | 2005-12-31 | United States | Card Services and Check Services (acquired businesses) | USD 8 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition-related liabilities covering severance and relocation for employees of the Game Financial, Crittson and CariCard businesses, plus data processing contract termination and professional fees; $6.8 million paid as of 2005-03-31, remaining $0.5 million expected paid by end of 2005. Charge is bundled, not severance-only; no employee counts disclosed. | ||
| 2005-03-31 | divestiture_reduction | announced | 2004-09 | 2005-06-30 | United States | Merchant acquiring business (discontinued operation) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved sale of the merchant acquiring business in September 2004; held-for-sale assets of $39.9 million at 2005-03-31. Company expected a definitive agreement in Q2 2005. No headcount associated with the divestiture is disclosed. | |||
| 2004-12-31 | acquisition_addition | completed | 2004-03-01 | 2004-03-01 | United States | Check Services (cash access / gaming) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Provider of card cash advances, ATM access, and check cashing in gaming institutions. Headcount added not disclosed. The 2004 acquisitions carried combined acquisition liabilities of $7.8 million covering early contract termination, severance and relocation costs for acquired-business employees, and professional fees, of which $6.3 million was paid by year-end. | |||
| 2004-12-31 | acquisition_addition | completed | 2004-03-01 | 2004-03-01 | United States | Card Services (card processing; merchant acquiring portion reclassified to discontinued operations) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Full-service card and merchant processing provider strengthening U.S. third-party processing for community banks and credit unions. Approximately $5.8 million of the purchase price representing merchant acquiring operations was reclassified to discontinued operations. Headcount added not disclosed. | |||
| 2004-12-31 | acquisition_addition | completed | 2004-08-06 | 2004-08-06 | Caribbean (16 countries) | Card Services | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Third-party transaction processor serving financial institutions, retailers, and the petroleum industry across 16 Caribbean countries. Headcount added not disclosed. | |||
| 2004-12-31 | divestiture_reduction | in_progress | 2004-09 | 2005-09 | Card Services (merchant acquiring business) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Board approved a plan in September 2004 to sell the merchant acquiring business, which was classified as held for sale / discontinued operations under SFAS 144. Sale expected within one year of approval; qualified offers were under review as of the filing date. Headcount of the business not disclosed; anticipated sale proceeds earmarked to reduce revolving credit facility borrowings. | ||||
| 2004-12-31 | acquisition_addition | completed | 2004-03-01 | 2004-03-01 | United States | Card Services and Check Services | USD 8 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Combined purchase of Game Financial Corporation and Crittson Financial Services LLC; acquisition liabilities of $7.8 million were recorded for data processing contract termination, severance and relocation costs of acquired employees, and professional fees. Headcount added is not disclosed. | ||
| 2004-12-31 | acquisition_addition | completed | 2004-08-06 | 2004-08-06 | Caribbean | Card Services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Caribbean CariCard Services, Inc., a third-party transaction processor serving 16 Caribbean countries; headcount added is not disclosed. | |||
| 2004-12-31 | divestiture_reduction | announced | 2004-09 | 2005-09-30 | United States | Card Services — merchant acquiring | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board approved a plan in September 2004 to sell the merchant acquiring business, classified as held for sale under SFAS 144; filer expects the sale within a year of plan approval. Headcount associated with the business is not disclosed. | |||
| 2004-12-31 | restructuring | completed | 2004-01-01 | 2004-12-31 | Brazil | Card Services | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges related to the downsizing of Brazilian card operation, including severance and asset impairment. Discussed in context of 2003 charges but relevant to ongoing restructuring. | ||
| 2004-12-31 | restructuring | completed | 2004-01-01 | 2004-12-31 | United States | Corporate | USD 10 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Early termination costs associated with a U.S. data processing contract. | ||
| 2004-12-31 | acquisition_addition | completed | 2004-03-01 | 2004-03-01 | United States | Card Services / Check Services | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Game Financial and Crittson Financial Services LLC. | |||
| 2004-12-31 | acquisition_addition | completed | 2004-08-06 | 2004-08-06 | Caribbean | Card Services | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Caribbean CariCard Services, Inc. | |||
| 2004-09-30 | restructuring | completed | Brazil | Card Services | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges related to downsizing of Brazilian card operation due to loss of large customer in March 2003. Accrual balance is zero as of Sept 30, 2004. | ||||
| 2004-09-30 | restructuring | completed | United States | Card Services | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Early termination costs associated with a U.S. data processing contract. Accrual balance is zero as of Sept 30, 2004. | ||||
| 2004-09-30 | restructuring | completed | Global | Check Services | USD 0 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance charges recorded in first nine months of 2003. Accrual balance is zero as of Sept 30, 2004. | ||||
| 2004-06-30 | acquisition_addition | completed | 2004-03-01 | 2004-03-01 | United States | Check Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cash access services provider for gaming institutions; no employee count disclosed. Aggregate purchase price for both March 1, 2004 acquisitions was $39.2 million net of cash acquired. | |||
| 2004-06-30 | acquisition_addition | completed | 2004-03-01 | 2004-03-01 | United States | Card Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Card and merchant processing provider; no employee count disclosed. Included in consolidated results from March 1, 2004. | |||
| 2004-06-30 | acquisition_addition | announced | 2004-07-01 | 2004-08-31 | Caribbean | Card Services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced July 2004, approximately $7.0 million cash for assets; closing expected early August 2004 subject to customary conditions. No employee count disclosed; announcement month only. | |||
| 2004-06-30 | restructuring | completed | Brazil | Card Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to downsizing of Brazilian card operation; employee count not disclosed. | ||||
| 2004-06-30 | restructuring | completed | United States | Corporate | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Early termination costs associated with U.S. data processing contract; employee count not disclosed. | ||||
| 2004-06-30 | restructuring | completed | Global | Corporate | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance charges incurred to date; employee count not disclosed. | ||||
| 2004-03-31 | acquisition_addition | completed | 2004-03-01 | United States | Check Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cash access services provider for gaming institutions; headcount added not disclosed. Aggregate cash purchase price $39.2M net of $24.6M cash acquired (combined with Crittson). | ||||
| 2004-03-31 | acquisition_addition | completed | 2004-03-01 | United States | Card Services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Card and merchant processing services provider; headcount added not disclosed. Aggregate cash purchase price $39.2M net of $24.6M cash acquired (combined with Game Financial). | ||||
| 2004-03-31 | restructuring | completed | 2003-03-31 | Brazil | Card Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to the downsizing of the Company's Brazilian card operation. Employee count not disclosed. | |||
| 2004-03-31 | restructuring | completed | 2003-03-31 | United States | Corporate | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance charges included in 'Other' charges. Employee count not disclosed. | |||
| 2003-12-31 | restructuring | completed | Brazil | Card Services (Brazilian card operation) | USD 3 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Downsizing executed during Q1 2003 following the loss of the operation's largest customer, whose portfolio deconverted at the beginning of March 2003. The $2.7 million charge comprised approximately $0.7 million severance, $0.2 million third-party contract termination costs, and $1.8 million asset impairments (equipment and capitalized software). Employees affected not disclosed. A residual severance accrual of $69 thousand remained at December 31, 2003 per the combined accrual roll-forward in Note 3. | ||||
| 2003-12-31 | other | completed | 2003-03 | United States | Card Services and Check Services | USD 10 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Early termination of the EDS U.S. data processing contract after signing a ten-year agreement with IBM in March 2003. Charge comprised a $6.7 million termination fee and $2.9 million of wind-down costs (EDS equipment disposal/redeployment, EDS personnel placement, third-party agreement terminations). Charge allocated approximately $8.8 million to Card Services and $0.8 million to Check Services. This is a vendor contract exit, not a reduction of Certegy's own workforce; the transition to IBM was completed in Q3 2003. | |||
| 2003-12-31 | restructuring | completed | 2003-03-31 | 2003-03-31 | Brazil | Card Services | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Downsizing executed in Q1 2003 after the largest Brazilian customer deconverted its portfolio; charge comprised ~$0.7M severance, $0.2M third-party contract termination, and $1.8M asset impairment. Headcount affected not disclosed. | ||
| 2003-12-31 | other | completed | 2003-03-31 | 2003-09-30 | United States | Card Services and Check Services (U.S. data processing) | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge for early termination of the EDS data processing contract upon transition to IBM (completed Q3 2003); includes $6.7M termination charge and $2.9M wind-down costs. Primarily a vendor transition, not a Certegy employee reduction; no Certegy headcount impact disclosed. | ||
| 2003-12-31 | acquisition_addition | completed | 2003-09-30 | 2003-09-30 | United States | Card Services (merchant processing) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired a merchant portfolio for $4.5 million in cash in September 2003; no headcount added or disclosed for the transaction. | |||
| 2003-12-31 | restructuring | completed | 2003-01-01 | 2003-12-31 | Brazil | Card Services | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Downsizing of Brazilian card operation. Charge includes severance, contract termination, and asset impairment. Employee count not disclosed. | ||
| 2003-12-31 | restructuring | completed | 2003-03-01 | 2003-12-31 | United States | Card Services | USD 10 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Early termination costs associated with U.S. data processing contract (EDS to IBM transition). Employee count not disclosed. | ||
| 2003-09-30 | restructuring | completed | 2003-03-01 | Brazil | Card Services | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Downsizing following loss of Banco Real; charges include ~$0.7M severance, $0.2M contract termination, $1.8M asset impairment. Employee count not disclosed. | |||
| 2003-09-30 | restructuring | completed | 2003-01-01 | International | Check Services | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance for reorganization of certain departments in international check operations; employee count not disclosed. | |||
| 2003-09-30 | restructuring | completed | 2003-03-01 | 2003-09-30 | Brazil | Card Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Downsizing of Brazilian card operation due to loss of Banco Real customer. Includes $0.7M severance, $0.2M contract termination, and $1.8M asset impairment. | ||
| 2003-09-30 | restructuring | completed | 2003-03-01 | 2003-09-30 | United States | Card Services | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Early termination costs for data processing contract with EDS, replaced by IBM agreement. Includes $6.7M termination charge and $2.9M wind-down costs. | ||
| 2003-09-30 | restructuring | completed | 2003-01-01 | 2003-09-30 | International | Check Services | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance charges due to reorganization of certain departments in international check operations. | ||
| 2003-06-30 | restructuring | completed | Brazil | Card Services | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Downsizing of Brazilian card operation in Q1 2003 after loss of customer Banco Real; charge comprises ~$0.7M severance, $0.2M third-party contract termination, $1.8M asset impairment. No employee count or specific announcement date disclosed. | ||||
| 2003-06-30 | restructuring | completed | International | Check Services | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance charges for reorganization of departments in the international check operation during the first six months of 2003. No employee count disclosed. | ||||
| 2003-06-30 | restructuring | in_progress | 2003-03-01 | Brazil | Card Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Downsizing of Brazilian card operation due to loss of Banco Real customer; includes severance and asset impairment. | |||
| 2003-06-30 | restructuring | in_progress | 2003-03-01 | United States | Card Services | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Early termination costs for data processing contract with EDS, replaced by IBM agreement. | |||
| 2003-06-30 | restructuring | in_progress | 2003-01-01 | International | Check Services | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance charges due to reorganization of certain departments in international check operation. | |||
| 2003-03-31 | restructuring | in_progress | Brazil | Card Services | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Downsizing followed the loss of customer Banco Real, whose portfolio deconverted in early March 2003. Charge comprises about $0.7M severance, $0.2M third-party contract termination, and $1.8M asset impairment; roughly $0.6M of severance and contract termination costs were paid in the quarter. Number of employees affected not disclosed. | ||||
| 2003-03-31 | restructuring | completed | International | Check Services | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance arising from reorganization of certain departments in the international check operation; costs were paid during the first quarter of 2003. Number of employees affected not disclosed. | ||||
| 2003-03-31 | restructuring | in_progress | 2003-03-31 | Brazil | Card Services | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Downsizing of Brazilian card operation including severance and contract termination costs. | |||
| 2003-03-31 | restructuring | completed | 2003-03-31 | International | Check Services | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance charges in international check operation due to reorganization of certain departments. | |||
| 2002-12-31 | restructuring | completed | 2% | Global | Various departments across Card Services, Check Services, and Corporate | USD 3 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Departments reorganized around the world during 2002 with terminations of approximately two percent of the workforce; severance charge of $3.2 million allocated Card $1.9M, Check $0.6M, Corporate $0.7M. Also disclosed in Item 1 — Business, Employees. | |||
| 2002-12-31 | restructuring | announced | Brazil | Card Services — Brazil operations | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Additional employees to be terminated as Brazil operations are downsized, anticipated in the first quarter of 2003; additional severance and related costs expected in 2003 but not quantified. Also disclosed in Item 1 — Business, Employees. | |||||
| 2002-12-31 | restructuring | completed | 2% | 2002-01-01 | 2002-12-31 | Global | Various departments worldwide | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately two percent of the workforce terminated during 2002 in a reorganization of departments worldwide; charge is the severance component of the $12.2 million total severance and other charges (which also include $5.1 million asset impairments, $4.0 million litigation settlement, and $0.8 million life insurance write-down). Filer does not state an absolute headcount for the action. | |
| 2002-12-31 | restructuring | announced | 2002-12-31 | 2003-03-31 | Brazil | Card Services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Downsizing of Brazilian operations anticipated during the first quarter of 2003, with additional severance and related costs to be incurred in 2003; no headcount or charge amount disclosed | |||
| 2002-12-31 | acquisition_addition | completed | 2002-12-31 | 2002-12-31 | United States | Card Services (e-banking) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all assets and liabilities of Netzee, Inc. for $10.4 million cash; acquired headcount not disclosed | |||
| 2002-12-31 | restructuring | completed | 2% | 2002-01-01 | 2002-12-31 | Global | Various departments | USD 3 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | During 2002, reorganized certain departments worldwide and terminated approximately two percent of the workforce. Severance charges of $3.2 million recorded. | |
| 2002-12-31 | restructuring | announced | 2002-12-31 | 2003-03-31 | Brazil | Card Services | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Additional employees will be terminated in 2003 as operations in Brazil are downsized, anticipated to occur during the first quarter of 2003. | |||
| 2002-09-30 | restructuring | in_progress | General Corporate Expense | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance charge of $0.2 million recorded in Q3 2002 as part of cost reduction plans; no employee count disclosed. Filer states additional severance and related costs will be incurred in Q4 2002. | |||||
| 2002-09-30 | restructuring | in_progress | 2002-09-30 | General Corporate | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance charge of $0.2 million recorded in Q3 2002 as part of cost reduction plans. Employee count not disclosed. | ||||
| 2001-12-31 | acquisition_addition | completed | 2001-05-01 | 2001-05-31 | Brazil | Card Services | USD 56 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 40.7% interest in Unnisa Ltda. for $55.5 million cash; headcount not disclosed. | ||
| 2001-12-31 | acquisition_addition | completed | 2001-08-01 | 2001-08-31 | United States | Check Services | USD 25 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Accu Chek, Inc. for $25.0 million cash; headcount not disclosed. | ||
| 2001-12-31 | divestiture_reduction | completed | 2001-07-07 | 2001-07-07 | Global | All | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spin-off from Equifax Inc. on July 7, 2001; 68,600,112 shares distributed. Represents workforce transferred from Equifax to Certegy; headcount not separately disclosed. |