FISERV, INC. FISV Income Statement

Fiserv, inc. (FISV)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenue:
Revenue
12,454	10,187	7,693	5,977	5,885	5,823	5,788	5,776	5,742	5,696	5,611	5,591	5,568	5,505	5,442	5,375	5,310	5,254	5,202	5,152	5,107	5,066	5,013	4,951	4,896	4,814	4,696	4,602	4,491	4,436	4,404	4,360	4,338	4,289	4,254	4,216	4,173	4,133	4,117	4,084	4,062	4,077	4,053	4,353	0	0	0
Expenses:
Selling, general and administrative
4,347	3,284	2,119	1,287	1,264	1,228	1,243	1,222	1,178	1,150	1,132	1,122	1,120	1,101	1,082	1,066	1,054	1,034	1,005	990	971	975	994	988	990	977	920	889	848	824	828	811	797	795	780	776	771	740	737	734	725	751	755	789	0	0	0
Gain (Loss) on Disposition of Business
436	15	10	8	5	227	227	229	242	10	10	10	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
10,589	8,578	6,131	4,433	4,367	4,070	4,041	4,015	3,967	4,164	4,129	4,110	4,097	4,060	4,043	4,003	3,974	3,943	3,903	3,880	3,854	3,856	3,823	3,796	3,775	3,753	3,645	3,566	3,471	3,388	3,368	3,346	3,330	3,299	3,272	3,226	3,183	3,126	3,121	3,108	3,103	3,131	3,146	3,450	0	0	0
Operating income
1,865	1,609	1,562	1,544	1,518	1,753	1,747	1,761	1,775	1,532	1,482	1,481	1,471	1,445	1,399	1,372	1,336	1,311	1,299	1,272	1,253	1,210	1,190	1,155	1,121	1,061	1,051	1,036	1,020	1,048	1,036	1,014	1,008	990	982	990	990	1,007	996	976	959	946	907	903	0	0	0
Interest expense, net
-603	-473	-391	-272	-291	-189	-261	-171	-172	-175	173	169	165	163	160	160	169	170	172	172	164	164	163	163	163	163	162	169	172	174	274	271	276	188	387	293	198	198	241	238	229	220	-218	-227	0	0	0
Debt financing activities
-12	47	53	110	73	14	8	0	0	-	0	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Other income
13	-6	7	11	6	5	4	5	0	-	0	0	-	-7	-7	-7	-7	1	1	2	0	-	0	0	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Income before income taxes and loss from investments in unconsolidated affiliates
1,287	1,083	1,177	1,225	1,250	1,555	1,563	1,584	1,598	1,358	1,311	1,314	1,306	1,275	1,232	1,205	1,075	1,057	1,043	1,016	1,091	1,047	1,028	993	958	898	890	868	855	881	863	820	743	723	685	713	776	793	805	782	756	734	708	695	0	0	0
Income tax provision
246	198	232	257	269	378	139	159	196	158	428	444	445	492	471	474	430	377	376	379	414	384	397	356	336	328	311	312	291	300	293	268	257	254	245	263	292	301	303	290	280	273	301	305	0	0	0
Income (Loss) from Equity Method Investments
25	29	14	-7	8	10	9	13	6	32	32	27	27	147	143	177	178	32	37	88	87	91	162	78	79	80	9	11	13	11	13	18	19	18	17	14	13	14	13	13	14	12	13	8	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	930	904	908	823	712	704	725	764	754	793	715	701	650	588	567	577	592	583	570	505	487	457	464	497	506	515	505	490	473	420	398	0	0	0
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	-1	-2	-2	18	19	19	19	-8	-7	-13	-15	-12	-14	-10	-10	-17	-24	4	3	16	23	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Fiserv, Inc.
1,060	893	932	961	989	1,187	1,447	1,452	1,422	1,246	0	0	0	-	-	-	-	-	-	-	-	754	794	714	699	648	606	586	596	611	575	563	492	472	445	450	487	496	498	481	494	476	436	421	0	0	0
Net income attributable to Fiserv, Inc. per share - basic:
Income (Loss) from Continuing Operations, Per Basic Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.76	0.96	0.66	0.66	0.85	0.62	0.57	0.44	-1.00	1.04	1.19	0.95	-0.65	0.90	0.68	0.78	0.80	0.90	0.86	0.81	0.84	0.80	0.74	0.68	0.46	0.62
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	-0.01	0.00	0.00	0.09	-0.01	-0.01	0.00	0.02	-0.01	-0.05	-0.01	-0.02	-0.02	-0.02	-0.01	-0.07	-0.05	0.16	-0.02	0.02	-0.01
Net income attributable to Fiserv, Inc. per share – basic (in dollars per share)
0.58	0.25	0.34	0.57	0.58	0.74	0.56	0.61	1.02	1.30	0.55	0.52	0.58	-1.12	0.98	0.95	1.30	0.81	0.94	0.54	0.75	0.75	0.96	0.66	0.66	0.85	0.61	0.57	0.44	-0.91	1.03	1.18	0.95	-0.64	0.90	0.63	0.77	0.79	0.88	0.84	0.79	0.77	0.75	0.90	0.66	0.48	0.61
Net income attributable to Fiserv, Inc. per share - diluted:
Income (Loss) from Continuing Operations, Per Diluted Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.74	0.95	0.65	0.65	0.83	0.61	0.57	0.43	-0.99	1.03	1.17	0.94	-0.64	0.89	0.67	0.77	0.80	0.89	0.85	0.80	0.83	0.79	0.74	0.68	0.46	0.62
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	-0.01	0.00	0.00	0.09	-0.01	-0.01	0.00	0.02	-0.01	-0.05	-0.01	-0.02	-0.02	-0.02	-0.01	-0.07	-0.05	0.16	-0.02	0.02	-0.01
Net income attributable to Fiserv, Inc. per share – diluted (in dollars per share)
0.57	0.26	0.33	0.56	0.56	0.72	0.55	0.60	1.00	1.28	0.54	0.51	0.56	-1.09	0.96	0.94	1.27	0.81	0.92	0.53	0.73	0.73	0.95	0.65	0.65	0.85	0.60	0.56	0.43	-0.91	1.02	1.17	0.94	-0.63	0.89	0.62	0.76	0.78	0.87	0.83	0.79	0.76	0.74	0.90	0.66	0.48	0.60
Earnings Per Share [Abstract]
Basic (in shares)
678	680	584	392	391	396	403	408	413	416	420	423	429	1,097	219	222	223	227	232	236	238	243	247	249	254	257	259	265	266	676	134	136	138	710	141	142	145	148	149	151	152	153	153	155	155	162	163
Diluted (in shares)
691	694	596	399	399	404	412	416	421	425	429	432	438	1,115	222	225	227	231	237	240	243	247	251	253	258	261	263	268	270	685	136	137	140	719	142	144	147	149	150	152	153	154	155	155	156	163	164
Processing and services
Revenue
10,355	8,573	6,536	5,151	5,030	4,975	4,938	4,914	4,893	4,833	4,747	4,708	4,681	4,625	4,551	4,516	4,466	4,411	4,379	4,317	4,259	4,219	4,179	4,132	4,096	4,035	3,936	3,842	3,731	3,663	3,591	3,551	3,531	3,495	3,498	3,474	3,446	3,415	3,389	3,357	3,329	3,329	3,317	3,438	0	0	0
Cost of goods sold and services
5,027	4,016	3,073	2,437	2,380	2,324	2,272	2,276	2,289	2,291	2,276	2,255	2,229	2,212	2,204	2,194	2,189	2,178	2,179	2,175	2,165	2,164	2,126	2,109	2,100	2,081	2,050	2,016	1,964	1,936	1,911	1,915	1,923	1,903	1,916	1,887	1,865	1,853	1,848	1,840	1,848	1,844	1,836	1,936	0	0	0
Product
Revenue
2,099	1,614	1,157	826	855	848	850	862	849	863	864	883	887	880	891	859	844	843	823	835	848	847	834	819	800	779	760	760	760	773	813	809	807	794	756	742	727	718	728	727	733	748	736	915	0	0	0
Cost of goods sold and services
1,651	1,293	949	717	728	745	753	746	742	733	731	743	748	747	757	743	731	731	719	715	718	717	703	699	685	695	675	661	659	628	629	620	610	601	576	563	547	533	536	534	530	536	555	725	0	0	0