Balance Sheet: Assets
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.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Fidelity National Information Services Inc., consolidated balance sheet: assets (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
Cash and cash equivalents	1,871)	2,188)	1,932)	1,688)	1,547)	2,010)	1,390)	1,301)	1,039)	1,959)	1,826)	1,183)	1,373)	1,152)	1,305)	9,756)	576)	703)	632)	683)	725)
Settlement deposits and merchant float	2,998)	3,117)	2,771)	2,830)	2,681)	2,803)	3,572)	3,005)	2,919)	3,252)	2,840)	2,697)	2,337)	2,882)	3,476)	538)	666)	700)	563)	522)	590)
Settlement receivables	1,427)	2,738)	1,588)	1,504)	1,381)	1,217)	761)	729)	703)	662)	774)	834)	770)	647)	755)	289)	346)	281)	386)	279)	346)
Settlement assets	4,425)	5,855)	4,359)	4,334)	4,062)	4,020)	4,333)	3,734)	3,622)	3,914)	3,614)	3,531)	3,107)	3,529)	4,231)	827)	1,012)	981)	949)	801)	936)
Trade receivables, net of allowance for credit losses	3,476)	3,699)	3,373)	3,520)	3,655)	3,772)	3,468)	3,466)	3,508)	3,314)	3,146)	3,104)	3,116)	3,242)	3,065)	1,366)	1,451)	1,472)	1,398)	1,408)	1,562)
Other receivables	486)	493)	293)	251)	260)	355)	331)	380)	470)	317)	361)	299)	275)	337)	269)	137)	150)	166)	198)	199)	96)
Prepaid expenses and other current assets	708)	583)	636)	913)	621)	551)	489)	557)	466)	394)	987)	483)	475)	432)	455)	419)	422)	411)	367)	403)	416)
Assets held for sale	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	53)	—)	—)
Current assets	10,966)	12,818)	10,593)	10,706)	10,145)	10,708)	10,011)	9,438)	9,105)	9,898)	9,934)	8,600)	8,346)	8,692)	9,325)	12,505)	3,611)	3,733)	3,597)	3,494)	3,735)
Property and equipment, net	838)	862)	839)	881)	901)	949)	846)	864)	863)	887)	914)	887)	870)	900)	811)	541)	556)	587)	546)	557)	581)
Goodwill	34,424)	34,276)	51,014)	52,004)	52,988)	53,330)	52,796)	53,191)	53,069)	53,268)	52,567)	51,940)	51,823)	52,242)	51,890)	13,542)	13,544)	13,545)	13,585)	13,666)	13,747)
Intangible assets, net	8,531)	8,956)	9,200)	10,018)	10,854)	11,539)	12,040)	12,758)	13,315)	13,928)	14,224)	14,589)	15,148)	15,798)	16,083)	2,863)	3,019)	3,132)	3,304)	3,524)	3,707)
Software, net	3,222)	3,238)	3,131)	3,176)	3,235)	3,299)	3,141)	3,398)	3,382)	3,370)	3,301)	3,292)	3,239)	3,204)	3,025)	1,798)	1,777)	1,795)	1,710)	1,723)	1,739)
Other noncurrent assets	1,988)	2,048)	2,549)	1,876)	2,132)	2,137)	1,921)	1,655)	1,624)	1,574)	1,404)	2,535)	2,299)	2,303)	1,996)	1,049)	1,028)	503)	510)	492)	504)
Deferred contract costs, net	1,109)	1,080)	991)	959)	943)	969)	935)	984)	959)	917)	851)	799)	749)	667)	588)	561)	538)	475)	442)	412)	392)
Noncurrent assets	50,112)	50,460)	67,724)	68,914)	71,053)	72,223)	71,679)	72,850)	73,212)	73,944)	73,261)	74,042)	74,128)	75,114)	74,393)	20,354)	20,462)	20,037)	20,097)	20,374)	20,670)
Total assets	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)

The financial data reveals several key trends across various asset categories over the analyzed periods.

Cash and Cash Equivalents: This metric displayed notable fluctuation throughout the periods, with a distinct surge starting in the second quarter of 2019, reaching a peak in December 2021 at 2,010 million US dollars. Thereafter, it exhibited minor declines but remained comparatively high relative to earlier periods, suggesting increased liquidity management or accumulation of cash reserves.
Settlement Deposits and Merchant Float: The amounts initially declined into mid-2019, followed by a significant increase in the third quarter of 2019. Despite some variability, this category maintained elevated levels above 2,500 million US dollars from late 2019 to the latest period, indicating consistent activity or inflows in this component.
Settlement Receivables: Settlement receivables evidenced strong growth beginning in late 2021, increasing substantially from around 1,200 million US dollars to 2,738 million in the first quarter of 2023. This upward trend suggests expanding credit extended or outstanding settlements awaiting clearance.
Settlement Assets: Settlement assets overall increased sharply in the second half of 2019, maintaining high levels with a gradual upward movement peaking at 5,855 million US dollars by the end of 2022. This trend reflects growth in combined settlement-related holdings.
Trade Receivables, Net of Allowance for Credit Losses: This asset category nearly doubled from approximately 1,400 million US dollars in early 2018 to over 3,700 million by the end of 2021, followed by a modest correction into early 2023. The pattern points to expanding credit sales or receivables balances during the period.
Other Receivables: There was slight variability, with values generally increasing over time and a prominent jump to close to 500 million US dollars by early 2023. This may reflect growth in receivables from other sources not classified under trade.
Prepaid Expenses and Other Current Assets: This category experienced moderate fluctuations but generally grew from around 400 million US dollars in early periods to peaks exceeding 900 million in mid-2022, suggesting increased prepayments or other current assets buildup.
Current Assets: Current assets demonstrated a significant spike in mid-2019 exceeding 12,500 million US dollars, followed by a decline and stabilization in the 8,000 to 10,000 million range thereafter. The initial surge likely reflects acquisition-related recognition or reclassification events.
Property and Equipment, Net: This account showed minor declines from about 580 million US dollars in early periods to around 840 million in recent quarters, indicating relatively stable investment in fixed assets with a slight downward trajectory.
Goodwill: A significant increase occurred between early and mid-2019, leaping from roughly 13,500 million to over 51,000 million US dollars and maintaining similar levels until early 2023, when it dropped sharply to about 34,400 million. This pattern suggests major acquisitions followed by impairment or divestiture impacts later on.
Intangible Assets, Net: Intangible assets declined steadily from nearly 3,700 million US dollars in early 2018 to around 8,500 million by early 2023. The continuous reduction indicates amortization or impairment of intangible assets over time.
Software, Net: This asset showed growth until 2020, with peaks around 3,300 million US dollars, followed by a moderate decline and stabilization near 3,200 million. The trend indicates ongoing investment balanced by amortization.
Other Noncurrent Assets: Values increased significantly from below 1,000 million early on to levels near 2,500 million in late 2022, followed by a decrease to just under 2,000 million. The trend indicates accumulation followed by partial reduction, possibly due to disposals or reclassifications.
Deferred Contract Costs, Net: This item displayed consistent growth from under 400 million US dollars in 2018 to over 1,100 million by early 2023, reflecting increased investments in contract-related costs that are being deferred over time.
Noncurrent Assets Total: Noncurrent assets saw a massive increase beginning mid-2019, surging from around 20,000 million to over 74,000 million and maintaining high levels until mid-2022, before a notable decrease to approximately 50,000 million in early 2023. This pattern corroborates acquisition activity, followed by asset reductions or impairments.
Total Assets: Total assets rose sharply from roughly 24,000 million US dollars in early 2018 to peaks exceeding 83,000 million in late 2019 and 2020, followed by a gradual decline to about 61,000 million by the first quarter of 2023. The fluctuations correlate strongly with acquisition-related accounting and subsequent reductions.

Assets: Selected Items

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Current Assets: Selected Items

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Fidelity National Information Services Inc. (NYSE:FIS)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data