Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Fidelity National Information Services Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018
Accounts payable, accrued and other liabilities	2,465)	2,754)	2,476)	2,856)	2,690)	2,864)	2,470)	2,376)	2,370)	2,482)	2,586)	2,063)	2,199)	2,374)	2,143)	1,030)	1,068)	1,099)	1,007)	934)	1,018)
Settlement payables	5,331)	6,752)	5,076)	5,154)	5,228)	5,295)	5,342)	4,840)	4,735)	4,934)	4,438)	4,214)	3,434)	4,228)	4,791)	792)	946)	972)	925)	796)	920)
Deferred revenue	825)	788)	712)	728)	847)	779)	868)	923)	964)	881)	775)	846)	898)	817)	719)	788)	854)	739)	692)	766)	842)
Short-term borrowings	3,968)	3,797)	2,422)	3,642)	2,682)	3,911)	3,484)	2,873)	2,537)	2,750)	3,144)	3,217)	743)	2,823)	3,169)	1,507)	600)	267)	—)	—)	—)
Current portion of long-term debt	2,139)	2,133)	2,985)	3,148)	2,330)	1,617)	463)	482)	602)	1,314)	1,832)	1,777)	652)	140)	79)	53)	53)	48)	40)	38)	1,036)
Liabilities held for sale	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	28)	—)	—)
Current liabilities	14,728)	16,224)	13,671)	15,528)	13,777)	14,466)	12,627)	11,494)	11,208)	12,361)	12,775)	12,117)	7,926)	10,382)	10,901)	4,170)	3,521)	3,125)	2,692)	2,534)	3,816)
Long-term debt, excluding current portion	13,905)	14,207)	13,509)	11,755)	14,208)	14,825)	15,833)	16,062)	16,300)	15,951)	15,213)	14,874)	18,982)	17,229)	16,945)	16,682)	8,562)	8,670)	8,998)	8,854)	8,040)
Deferred income taxes	3,494)	3,550)	3,691)	3,786)	4,055)	4,193)	4,118)	4,239)	4,115)	4,017)	4,172)	4,091)	4,131)	4,281)	4,198)	1,295)	1,351)	1,360)	1,402)	1,455)	1,443)
Other noncurrent liabilities	1,847)	1,891)	1,931)	1,861)	1,948)	1,915)	1,819)	1,914)	2,045)	2,026)	1,814)	2,327)	2,078)	2,458)	2,462)	720)	736)	393)	436)	481)	495)
Noncurrent liabilities	19,246)	19,648)	19,131)	17,402)	20,211)	20,933)	21,770)	22,215)	22,460)	21,994)	21,199)	21,292)	25,191)	23,968)	23,605)	18,697)	10,649)	10,423)	10,836)	10,790)	9,978)
Total liabilities	33,974)	35,872)	32,802)	32,930)	33,988)	35,399)	34,397)	33,709)	33,668)	34,355)	33,974)	33,409)	33,117)	34,350)	34,506)	22,867)	14,170)	13,548)	13,528)	13,324)	13,794)
Redeemable noncontrolling interest	—)	180)	178)	175)	174)	174)	176)	175)	175)	174)	176)	176)	175)	—)	—)	—)	—)	—)	—)	—)	—)
Preferred stock $0.01 par value, none issued and outstanding	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Common stock $0.01 par value	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	6)	4)	4)	4)	4)	4)	4)
Additional paid in capital	46,802)	46,735)	46,726)	46,634)	46,536)	46,466)	46,366)	46,274)	46,152)	45,947)	45,821)	45,736)	45,548)	45,358)	45,063)	10,887)	10,844)	10,800)	10,715)	10,659)	10,585)
Retained earnings (accumulated deficit)	(15,141)	(14,971)	2,673)	2,709)	2,721)	2,889)	2,840)	2,921)	2,823)	3,440)	3,556)	3,753)	3,952)	4,161)	4,538)	4,599)	4,558)	4,528)	4,339)	4,291)	4,186)
Accumulated other comprehensive earnings (loss)	(364)	(360)	(392)	(200)	106)	252)	156)	249)	124)	57)	(212)	(358)	(248)	(33)	(391)	(438)	(427)	(430)	(433)	(403)	(318)
Treasury stock, $0.01 par value, at cost	(4,206)	(4,192)	(3,685)	(2,643)	(2,343)	(2,266)	(2,263)	(1,058)	(645)	(150)	(140)	(94)	(91)	(52)	(21)	(5,067)	(5,083)	(4,687)	(4,544)	(4,112)	(3,962)
Total FIS stockholders’ equity	27,097)	27,218)	45,328)	46,506)	47,026)	47,347)	47,105)	48,392)	48,460)	49,300)	49,031)	49,043)	49,167)	49,440)	49,195)	9,985)	9,896)	10,215)	10,081)	10,439)	10,495)
Noncontrolling interest	7)	8)	9)	9)	10)	11)	12)	12)	14)	13)	14)	14)	15)	16)	17)	7)	7)	7)	85)	105)	116)
Total equity	27,104)	27,226)	45,337)	46,515)	47,036)	47,358)	47,117)	48,404)	48,474)	49,313)	49,045)	49,057)	49,182)	49,456)	49,212)	9,992)	9,903)	10,222)	10,166)	10,544)	10,611)
Total liabilities, redeemable noncontrolling interest and equity	61,078)	63,278)	78,317)	79,620)	81,198)	82,931)	81,690)	82,288)	82,317)	83,842)	83,195)	82,642)	82,474)	83,806)	83,718)	32,859)	24,073)	23,770)	23,694)	23,868)	24,405)

Accounts payable, accrued and other liabilities: This liability item displayed considerable volatility, rising sharply from 1030 million USD in mid-2019 to a peak of 2864 million USD by the end of 2021, then experiencing fluctuations but generally remaining above 2400 million USD through the first quarter of 2023.
Settlement payables: This category showed a pronounced increase from under 1000 million USD in early 2018 to a peak of 6752 million USD by March 2023, with notable surges around late 2019 and late 2022. The data indicate sustained high settlement payables despite some short-term fluctuations.
Deferred revenue: Deferred revenue levels were relatively stable over the analyzed periods, showing minor fluctuations mostly within the range of 690 to 980 million USD. This stability suggests consistent revenue recognition patterns.
Short-term borrowings: Starting with no data in early 2018, short-term borrowings surged significantly from 267 million USD in late 2018 to as high as 3968 million USD by the first quarter of 2023, indicating increased reliance on short-term debt financing over time.
Current portion of long-term debt: This component escalated sharply from a low of around 38 million USD in mid-2018 to a peak of 3148 million USD in the third quarter of 2022, followed by some decline but remaining elevated. The increase signals maturity-related debt repayments becoming current liabilities at a growing pace.
Liabilities held for sale: Limited data with a one-time figure of 28 million USD in the third quarter of 2018 suggests minor or non-recurring divestitures captured in this category.
Current liabilities: Current liabilities displayed a marked increase from approximately 2500 million USD in mid-2018 to as high as 16224 million USD in early 2023. The surge largely mirrors growth in settlement payables and short-term borrowings, reflecting heightened short-term obligations.
Long-term debt, excluding current portion: This liability category grew substantially from 8040 million USD in early 2018 to a peak of roughly 17229 million USD in late 2019. Thereafter, the level decreased and fluctuated around 13,000 to 14,000 million USD range by early 2023, indicating some debt repayments or restructuring post-2019.
Deferred income taxes: Deferred income taxes remained relatively steady with mild decreases over time from 1443 million USD in early 2018 to approximately 3494 million USD by early 2023, suggesting consistent tax deferrals without extreme volatility.
Other noncurrent liabilities: This item grew from about 495 million USD in early 2018 to a peak near 2462 million USD by late 2019, then receded and stabilized near 1800 million USD through early 2023, indicating some shift in noncurrent obligations.
Noncurrent liabilities: A significant increase was observed from approximately 9978 million USD at the start of 2018 to a high of near 23968 million USD in late 2019, followed by a gradual decline to around 19246 million USD by early 2023, reflecting changes in long-term obligations.
Total liabilities: Total liabilities nearly doubled from just under 14000 million USD in early 2018 to over 34000 million USD by the end of 2019, stabilizing near this level through 2021, and then declining slightly to approximately 33974 million USD by the first quarter of 2023. The sharp rise reflects large increases in both current and noncurrent liabilities during 2019.
Redeemable noncontrolling interest: This item appeared only from late 2019 onwards with stable figures around 175 to 180 million USD, indicating a minor ownership interest subject to redemption.
Preferred stock: There were no preferred stock issuances or outstanding shares reported throughout the periods reviewed.
Common stock: The common stock par value remained unchanged at 6 million USD from mid-2019 onwards, indicating no significant new issuances or buybacks affecting par value.
Additional paid-in capital: This equity component showed a substantial increase from approximately 10,587 million USD in early 2018 to over 46,800 million USD by early 2023, reflecting considerable equity financing or capital contributions over time.
Retained earnings (accumulated deficit): Retained earnings fluctuated moderately at around 4000 million USD until the end of 2021 but then dramatically declined into a substantial deficit exceeding -15,000 million USD by early 2023, indicative of significant cumulative losses or large distributions during the most recent periods.
Accumulated other comprehensive earnings (loss): This equity item was mostly negative but exhibited considerable fluctuations, reaching positive values briefly in late 2020 and 2021 before declining again into negative territory by early 2023, suggesting variable unrealized gains and losses impacting comprehensive income.
Treasury stock, at cost: Treasury stock increased in cost significantly, especially after mid-2019, from nominal levels to over -4200 million USD by early 2023, demonstrating substantial stock repurchase activity or related treasury transactions.
Total FIS stockholders’ equity: This indicator grew impressively from about 10,495 million USD in early 2018 to a peak near 49,195 million USD in mid-2019, then gradually decreased to roughly 27,097 million USD by March 2023, reflecting the impact of declining retained earnings and increased treasury stock offsetting other equity growth.
Noncontrolling interest: Noncontrolling interest gradually declined from 116 million USD in early 2018 to just 7 million USD by early 2023, signaling reduced minority shareholder stakes or buyouts.
Total equity: Total equity mirrored stockholders' equity trends, rising to over 49,000 million USD by mid-2019 and subsequently declining steadily to near 27,100 million USD by early 2023, consistent with observed equity adjustments.
Total liabilities, redeemable noncontrolling interest and equity: The sum of liabilities, redeemable noncontrolling interest, and equity rose sharply from about 24,405 million USD in early 2018 to a peak exceeding 83,800 million USD by late 2019, then decreased to just over 61,000 million USD by early 2023. This pattern confirms major balance sheet expansion around 2019 and a notable contraction thereafter.

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Fidelity National Information Services Inc. (NYSE:FIS)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data