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Document and Company Information - USD ($)	6 Months Ended
Document and Company Information - USD ($)	Jun. 30, 2009	Jul. 31, 2009	Jun. 30, 2008
Document and Company Information [Abstract]
Entity Registrant Name	FIDELITY NATIONAL INFORMATION SERVICES, INC.
Entity Central Index Key	0001136893
Document Type	10-Q
Document Period End Date	Jun. 30, 2009
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 6,785,962,978
Entity Common Stock, Shares Outstanding		191,832,618

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2009	Dec. 31, 2008
Current assets:
Cash and cash equivalents	$ 227.9	$ 220.9
Settlement deposits	38.0	31.4
Trade receivables, net of allowance for doubtful accounts of $40.5 and $40.6 at June 30, 2009 and December 31, 2008, respectively	521.8	538.1
Settlement receivables	38.9	52.1
Other receivables	77.5	121.1
Receivable from FNF and LPS	11.4	10.1
Prepaid expenses and other current assets	98.9	115.1
Deferred income taxes	80.5	77.4
Total current assets	1,094.9	1,166.2
Property and equipment, net of accumulated depreciation of $280.4 and $244.4 at June 30, 2009 and December 31, 2008, respectively	271.4	272.6
Goodwill	4,200.2	4,194.0
Intangible assets, net of accumulated amortization of $546.0 and $499.3 at June 30, 2009 and December 31, 2008, respectively	905.4	924.3
Computer software, net of accumulated amortization of $371.1 and $345.7 at June 30, 2009 and December 31, 2008, respectively	640.5	617.0
Deferred contract costs	249.0	241.2
Long term note receivable from FNF	5.1	5.5
Other noncurrent assets	73.3	79.6
Total assets	7,439.8	7,500.4
Current liabilities:
Accounts payable and accrued liabilities	458.1	444.8
Settlement payables	81.6	83.3
Current portion of long-term debt	158.1	105.5
Deferred revenues	184.1	182.9
Total current liabilities	881.9	816.5
Deferred revenues	89.1	86.7
Deferred income taxes	331.2	332.7
Long-term debt, excluding current portion	2,134.0	2,409.0
Other long-term liabilities	115.3	158.5
Total liabilities	3,551.5	3,803.4
FIS stockholders' equity:
Preferred stock $0.01 par value; 200 shares authorized, none issued and outstanding at June 30, 2009 and December 31, 2008	0.0	0.0
Common stock $0.01 par value; 600 shares authorized, 200.2 shares issued at June 30, 2009 and December 31, 2008, respectively	2.0	2.0
Additional paid in capital	2,964.6	2,959.8
Retained earnings	1,149.2	1,076.1
Accumulated other comprehensive earnings (loss)	(15.7)	(102.3)
Treasury stock, $0.01 par value, 8.8 and 9.3 shares at June 30, 2009 and December 31, 2008, respectively	(383.2)	(402.8)
Total FIS stockholders' equity	3,716.9	3,532.8
Noncontrolling interest	171.4	164.2
Total equity	3,888.3	3,697.0
Total liabilities and equity	$ 7,439.8	$ 7,500.4

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Millions	Jun. 30, 2009	Dec. 31, 2008
Statement [Line Items]
Allowance for doubtful accounts	$ 40,500,000	$ 40,600,000
Accumulated depreciation, Property and equipment	280,400,000	244,400,000
Accumulated amortization, Intangible assets	546,000,000	499,300,000
Accumulated amortization, Computer software	371,100,000	345,700,000
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	200.0	200.0
Preferred stock, shares issued	0.0	0.0
Preferred stock, shares outstanding	0.0	0.0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	600.0	600.0
Common stock, shares issued	200.2	200.2
Treasury stock, par value	0.01	0.01
Treasury stock, shares	8.8	9.3

Consolidated Statements of Earnings $ in Millions	3 Months Ended		6 Months Ended
Consolidated Statements of Earnings $ in Millions	Jun. 30, 2009 USD ($) $ / shares shares	Jun. 30, 2008 USD ($) $ / shares shares	Jun. 30, 2009 shares	Jun. 30, 2009 USD ($) $ / shares	Jun. 30, 2008 USD ($) $ / shares shares
Statement [Line Items]
Processing and services revenues	$ 834.8	$ 869.7		$ 1,632.6	$ 1,700.0
Cost of revenues	602.7	674.0		1,199.9	1,322.7
Gross profit	232.1	195.7		432.7	377.3
Selling, general, and administrative expenses	93.2	117.9		189.3	229.0
Research and development costs	21.5	19.9		44.1	39.2
Operating income	117.4	57.9		199.3	109.1
Other income (expense):
Interest income	0.5	1.5		1.3	4.3
Interest expense	(31.8)	(43.6)		(63.8)	(82.4)
Other income	5.5	1.3		6.7	0.1
Total other expense	(25.8)	(40.8)		(55.8)	(78.0)
Earnings from continuing operations before income taxes and equity in losses of unconsolidated entities	91.6	17.1		143.5	31.1
Provision for income taxes	31.6	3.3		49.5	6.6
Equity in losses of unconsolidated entities	0.0	(0.2)		0.0	(0.2)
Earnings from continuing operations, net of tax	60.0	13.6		94.0	24.3
(Losses) earnings from discontinued operations, net of tax	(0.4)	59.2		(1.7)	118.8
Net earnings	59.6	72.8		92.3	143.1
Net earnings attributable to noncontrolling interest	(0.4)	(0.9)		(0.1)	(0.7)
Net earnings attributable to FIS	$ 59.2	$ 71.9		$ 92.2	$ 142.4
Net earnings per share - basic from continuing operations attributable to FIS common stockholders \| $ / shares	$ 0.31	$ 0.07		$ 0.49	$ 0.13
Net earnings (loss) per share - basic from discontinued operations attributable to FIS common stockholders \| $ / shares	0	0.3		(0.01)	0.61
Net earnings per share - basic attributable to FIS common stockholders \| $ / shares	$ 0.31	$ 0.37		0.48	$ 0.74
Weighted average shares outstanding - basic \| shares	190,300,000	192,500,000	190,200,000		193,500,000
Net earnings per share - diluted from continuing operations attributable to FIS common stockholders \| $ / shares	$ 0.31	$ 0.07		0.49	$ 0.12
Net earnings (loss) per share - diluted from discontinued operations attributable to FIS common stockholders \| $ / shares	0	0.3		(0.01)	0.61
Net earnings per share - diluted attributable to FIS common stockholders \| $ / shares	$ 0.31	$ 0.37		0.48	$ 0.73
Weighted average shares outstanding - diluted \| shares	192,700,000	194,400,000	192,200,000		195,500,000
Cash dividends paid per share \| (per share)	$ 0.05	$ 0.05	shares 0.1	$ 0.1	$ 0.1
Amounts attributable to FIS common stockholders
Earnings from continuing operations, net of tax	$ 59.6	$ 13.3		$ 93.9	$ 24.2
(Losses) earnings from discontinued operations, net of tax	(0.4)	58.6		(1.7)	118.2
Net earnings attributable to FIS	$ 59.2	$ 71.9		$ 92.2	$ 142.4

Consolidated Statement of Equity - USD ($) shares in Millions, $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2009	Jun. 30, 2009
Statement [Line Items]
Beginning Balance		$ 3,697.0
Exercise of stock options		6.0
Tax benefit associated with exercise of stock options		0.1
Stock-based compensation		18.3
Cash dividends paid ($0.10 per share) and other distributions		(20.2)
Comprehensive earnings:
Net earnings	$ 59.6	92.3
Other comprehensive earnings (loss), net of tax:
Unrealized gain on investments and derivatives, net		21.2
Unrealized loss on foreign currency translation		73.6
Ending Balance	3,888.3	3,888.3
Common Stock
Statement [Line Items]
Beginning Balance		$ 2.0
Shares, Beginning Balance		200.2
Other comprehensive earnings (loss), net of tax:
Ending Balance	$ 2.0	$ 2.0
Shares, Ending Balance	200.2	200.2
Noncontrolling Interest
Statement [Line Items]
Beginning Balance		$ 164.2
Cash dividends paid ($0.10 per share) and other distributions		(1.1)
Comprehensive earnings:
Net earnings		0.1
Other comprehensive earnings (loss), net of tax:
Unrealized loss on foreign currency translation		8.2
Ending Balance	$ 171.4	171.4
Additional Paid-in Capital
Statement [Line Items]
Beginning Balance		2,959.8
Exercise of stock options		(13.6)
Tax benefit associated with exercise of stock options		0.1
Stock-based compensation		18.3
Other comprehensive earnings (loss), net of tax:
Ending Balance	2,964.6	2,964.6
Treasury Stock
Statement [Line Items]
Beginning Balance		$ (402.8)
Shares, Beginning Balance		(9.3)
Exercise of stock options		$ 19.6
Exercise of stock options, shares		0.5
Other comprehensive earnings (loss), net of tax:
Ending Balance	$ (383.2)	$ (383.2)
Shares, Ending Balance	(8.8)	(8.8)
Retained Earnings
Statement [Line Items]
Beginning Balance		$ 1,076.1
Cash dividends paid ($0.10 per share) and other distributions		(19.1)
Comprehensive earnings:
Net earnings		92.2
Other comprehensive earnings (loss), net of tax:
Ending Balance	$ 1,149.2	1,149.2
Accumulated Other Comprehensive Earnings (Loss)
Statement [Line Items]
Beginning Balance		(102.3)
Other comprehensive earnings (loss), net of tax:
Unrealized gain on investments and derivatives, net		21.2
Unrealized loss on foreign currency translation		65.4
Ending Balance	$ (15.7)	(15.7)
Comprehensive Earnings
Comprehensive earnings:
Net earnings		92.3
Other comprehensive earnings (loss), net of tax:
Unrealized gain on investments and derivatives, net		21.2
Unrealized loss on foreign currency translation		73.6
Comprehensive earnings:		$ 187.1

Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2009	Jun. 30, 2008
Cash flows from operating activities:
Net earnings	$ 92.3	$ 143.1
Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	184.1	244.5
Amortization of debt issue costs	1.7	2.9
Gain on sale of company assets	0.0	(1.0)
Stock-based compensation	18.3	42.2
Deferred income taxes	(31.8)	3.0
Tax benefit associated with exercise of stock options	(0.1)	(0.9)
Equity in losses of unconsolidated entities	0.0	2.3
Changes in assets and liabilities, net of effects from acquisitions:
Net decrease (increase) in trade receivables	93.8	(58.2)
Net decrease (increase) in prepaid expenses and other assets	19.3	(6.7)
Net increase in deferred contract costs	(25.3)	(39.5)
Net increase in deferred revenue	2.5	15.7
Net decrease in accounts payable, accrued liabilities, and other liabilities	(23.7)	(104.6)
Net cash provided by operating activities	331.1	242.8
Cash flows from investing activities:
Additions to property and equipment	(27.1)	(43.9)
Additions to capitalized software	(69.1)	(111.7)
Other investing activities	0.0	(4.7)
Net proceeds from sale of company assets	0.0	33.5
Acquisitions, net of cash acquired	(3.8)	(17.4)
Net cash used in investing activities	(100.0)	(144.2)
Cash flows from financing activities:
Borrowings	1,198.7	2,699.6
Debt service payments	(1,420.1)	(2,704.5)
Tax benefit associated with exercise of stock options	0.1	0.9
Exercise of stock options	6.0	11.5
Treasury stock purchases	0.0	(236.2)
Cash dividends paid	(19.1)	(19.3)
Net cash used in financing activities	(234.4)	(248.0)
Effect of foreign currency exchange rates on cash	10.3	1.1
Net increase (decrease) in cash and cash equivalents	7.0	(148.3)
Cash and cash equivalents, beginning of period	220.9	355.3
Cash and cash equivalents, end of period	227.9	207.0
Supplemental cash flow information:
Cash paid for interest	61.8	124.2
Cash paid for taxes	$ 89.3	$ 46.5

Discontinued Operations	6 Months Ended
Discontinued Operations	Jun. 30, 2009
Discontinued Operations [Abstract]
Discontinued Operations	(2) Discontinued Operations During 2008, we discontinued certain operations which are reported as discontinued operations in the Consolidated Statements of Earnings for the three-month and six-month periods ended June 30, 2009 and 2008, in accordance with the authoritative guidance for the impairment or disposal of long-lived assets. Interest is allocated to discontinued operations based on debt to be retired and debt specifically identified as related to the respective discontinued operation. *LPS* On July 2, 2008 (the “spin-off date”), all of the shares of the common stock, par value $0.0001 per share, of Lender Processing Services, Inc. (“LPS”) were distributed to FIS shareholders through a stock dividend (the “spin-off”). At the time of the distribution, LPS consisted of substantially all the assets, liabilities, businesses and employees related to FIS’ Lender Processing Services segment. Upon the distribution, FIS shareholders received one-half share of LPS common stock for every share of FIS common stock held as of the close of business on June 24, 2008. The results of operations of the former LPS segment of FIS are reflected as discontinued operations in the Consolidated Statements of Earnings for the three-month and six-month periods ended June 30, 2008. LPS had revenues of $460.4 million and $913.1 during the three-month and six-month periods ended June 30, 2008, respectively. LPS had earnings before taxes of $93.0 million and $186.6 during the three-month and six-month periods ended June 30, 2008, respectively. *Certegy Australia, Ltd* On October 13, 2008, we sold Certegy Australia, Ltd. (“Certegy Australia”) for $21.1 million in cash and other consideration, because its operations did not align with our strategic plans. Certegy Australia had revenues of $9.0 million and $16.9 million during the three-month and six-month periods ended June 30, 2008, respectively. Certegy Australia had (losses) earnings before taxes of ($0.5) million and $5.4 million during the three-month periods ended June 30, 2009 and 2008 and ($2.4) million and $9.6 million during the six-month periods ended June 30, 2009 and 2008, respectively. *Certegy Gaming Services, Inc.* On April 1, 2008, we sold Certegy Gaming Services, Inc. (“Certegy Game”) for $25.0 million, realizing a pretax loss of $4.1 million, because its operations did not align with our strategic plans. Certegy Game had revenues of $27.2 million and earnings before taxes of $0.3 million (excluding the pretax loss realized on sale) during the six-month period ended June 30, 2008. *FIS Credit Services, Inc.* On February 29, 2008, we sold FIS Credit Services, Inc. (“Credit”) for $6.0 million, realizing a pre-tax gain of $1.4 million, because its operations did not align with our strategic plans. Credit had revenues of $1.4 million and losses before taxes of $0.2 million (excluding the realized gain) during the six-month period ended June 30, 2008. *Homebuilders Financial Network, LLC* During the year ended December 31, 2008, we discontinued and dissolved Homebuilders Financial Network, LLC and its related entities (“HFN”) due to the loss of a major customer. HFN had revenues of $0.2 million and $1.4 million during the three-month and six-month periods ended June 30, 2008, respectively. HFN had earnings (losses) before taxes of $0.7 million and ($4.7) million during the three-month and six-month periods ended June 30, 2008.

Related Party Transactions

6 Months Ended

Jun. 30, 2009

Related Party Transactions

(3) Related Party Transactions

We are party to certain related party agreements described below.

Revenues and Expenses

A detail of related party items included in revenues for the three-month and six-month periods ended June 30, 2009 and 2008 is as follows (in millions):


	Three months ended				Six months ended
	June 30,				June 30,
	2009		2008		2009		2008
ABN AMRO Real card and item processing revenue	$	24.3	$	28.3	$	44.1	$	43.0
Banco Bradesco card and item processing revenue		25.1		23.8		46.0		44.7
Sedgwick data processing services revenue		9.9		9.7		19.9		19.4
FNF data processing services revenue		12.3		11.4		24.1		22.6
LPS services revenue		1.6		1.7		3.3		3.6

Total revenues	$	73.2	$	74.9	$	137.4	$	133.3

A detail of related party items included in operating expenses (net of expense reimbursements) for the three-month and six-month periods ended June 30, 2009 and 2008 is as follows (in millions):


	Three months ended				Six months ended
	June 30,				June 30,
	2009		2008		2009		2008
Equipment and real estate leasing with FNF and LPS	$	5.2	$	4.9	$	10.1	$	9.5
Administrative corporate support and other services with FNF and LPS		2.2		1.9		4.2		3.7

Total expenses	$	7.4	$	6.8	$	14.3	$	13.2

ABN AMRO Real and Banco Bradesco

In March 2006, we entered into an agreement with ABN AMRO Real (“ABN”) and Banco Bradesco S.A. (“Bradesco”) (collectively, “banks”) to form a venture to provide comprehensive, fully outsourced card processing services to Brazilian card issuers. In exchange for a 51% controlling interest in the venture, we contributed our existing Brazilian card processing business contracts and Brazilian card processing infrastructure and committed to make enhancements to our card processing system to meet the processing needs of the banks and their affiliates. The banks executed long-term contracts to process their card portfolios with the venture in exchange for an aggregate 49% interest in the venture. Additionally, we provide item processing services to Bradesco and ABN outside of the Brazilian card processing venture.

Sedgwick

We provide data processing services to Sedgwick CMS, Inc. (“Sedgwick”), a company in which Fidelity National Financial, Inc., (“FNF”) holds an approximate 32% equity interest.

FNF

We provide data processing services to FNF consisting primarily of infrastructure support and data center management. Our agreement with FNF runs through June 30, 2013, with an option to renew for one or two additional years, subject to certain early termination provisions (including the payment of minimum monthly service and termination fees). We also have a $5.9 million note receivable from FNF, of which $0.8 million is included in receivable from FNF and LPS in the Consolidated Balance Sheets, which matures in September 2012, with interest payable at a rate of LIBOR plus 0.45% (1.64% as of June 30, 2009). We recorded interest income related to this note of less than $0.1 million and $0.1 million for the three-month periods ended June 30, 2009 and 2008 and $0.1 million and $0.2 million for the six-month periods ended June 30, 2009 and 2008, respectively. Historically, FNF has provided to us, and to a lesser extent we have provided to FNF, certain administrative support services relating to general management and administration. The pricing for these services, both to and from FNF, is at cost. We also incurred expenses for amounts paid by us to FNF under leases of certain personal property and technology equipment.

LPS

We provide transitional services to LPS as a result of the spin-off. In addition, we have entered into certain property management and real estate lease agreements with LPS relating to our Jacksonville corporate headquarters.

We believe the amounts earned from or charged by us under each of the foregoing arrangements are fair and reasonable. We believe our service arrangements are priced within the range of prices we offer to third parties. However, the amounts we earned or that were charged under these arrangements were not negotiated at arm’s-length, and may not represent the terms that we might have obtained from an unrelated third party.

Metavante Merger	6 Months Ended
Metavante Merger	Jun. 30, 2009
Metavante Merger [Abstract]
Metavante Merger	(5) Metavante Merger On March 31, 2009, FIS and Metavante Technologies, Inc. (“Metavante”) entered into an Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which FIS will acquire Metavante. The transaction will be structured as a tax-free reorganization whereby Metavante will be merged with and into a newly formed subsidiary of FIS (the “Merger”). Under the terms of the Merger Agreement, Metavante shareholders will receive a fixed exchange ratio of 1.35 (the “Exchange Ratio”) shares of FIS common stock for each share of Metavante common stock they own. In addition, outstanding Metavante stock options and other stock-based awards (other than performance shares) will be converted into stock options and other stock-based awards, respectively, with respect to shares of FIS common stock using the Exchange Ratio. In connection with the Merger Agreement, FIS entered into an Investment Agreement (the “Investment Agreement”) on March 31, 2009, with certain affiliates of Thomas H. Lee Partners, L.P. (“THL”) and FNF, pursuant to which, the Company will issue and sell (a) to THL in a private placement 12.9 million shares of common stock of the Company for an aggregate purchase price of approximately $200.0 million and (b) to FNF in a private placement 3.2 million shares of common stock of the Company for an aggregate purchase price of approximately $50.0 million. Pursuant to the terms of the Investment Agreement, the Company will pay each of THL and FNF a transaction fee equal to 3% of their respective investments. On July 21, 2009, the Registration Statement filed by FIS with the Securities and Exchange Commission was declared effective and FIS and Metavante have mailed the joint proxy statement/prospectus relating to the shareholders meetings to their respective shareholders. On September 4, 2009 FIS and Metavante will hold special meetings of their respective shareholders to vote on the issuance of FIS common stock in connection with the Merger and the Investment Agreement. FIS and Metavante shareholders of record as of June 29, 2009 will be entitled to vote at the special meeting. Completion of the merger remains subject to antitrust clearance in the United States, receipt of FIS and Metavante shareholder approvals, and other customary closing conditions. FIS and Metavante expect the merger to close during the fourth quarter of 2009.

Long Term Debt

6 Months Ended

Jun. 30, 2009

Long Term Debt Disclosure [Abstract]

Long-Term Debt

(6) Long-Term Debt

Long-term debt as of June 30, 2009 and December 31, 2008 consisted of the following (in millions):


	June 30,			December 31,
	2009			2008
Term Loan A, secured, interest payable at LIBOR plus 0.88% (1.20% at June 30, 2009), quarterly principal amortization, maturing January 2012	$	1,942.5		$	1,995.0
Revolving Loan, secured, interest payable at LIBOR plus 0.70% (Eurocurrency Borrowings), Fed-funds plus 0.70% (Swingline Borrowings) or Prime plus 0.00% (Base Rate Borrowings) plus 0.18% facility fee (0.99%, 0.92% or 3.25% respectively at June 30, 2009), maturing January 2012. Total of $565.9 million unused as of June 30, 2009		329.6			499.4
Other promissory notes with various interest rates and maturities		20.0			20.1

		2,292.1			2,514.5
Less current portion		(158.1	)		(105.5	)

Long-term debt, excluding current portion	$	2,134.0		$	2,409.0

The fair value of the Company’s long-term debt at June 30, 2009 is estimated to be approximately $321.0 million lower than the carrying value (based on values of trades of our debt made in close proximity to quarter-end). These estimates are subjective in nature and involve uncertainties and significant judgment in the interpretation of current market data. Therefore, the values presented are not necessarily indicative of amounts the Company could realize or settle currently.

As of June 30, 2009, we have entered into the following interest rate swap transactions converting a portion of the interest rate exposure on our Term and Revolving Loans from variable to fixed (in millions):


		Notional Amount		Bank Pays	FIS pays
Effective Date	Termination Date	(in millions)		Variable Rate of(1)	Fixed Rate of(2)
October 11, 2007	October 11, 2009	$	1,000.0	1 Month Libor		4.73	%
December 11, 2007	December 11, 2009		250.0	1 Month Libor		3.80	%
April 11, 2007	April 11, 2010		850.0	1 Month Libor		4.92	%

		$	2,100.0


(1)		0.32% in effect at June 30, 2009 under the agreements.

(2)		In addition to the fixed rates paid under the swaps, we pay an applicable margin to our bank lenders on the Term Loan A of 0.88% and the Revolving Loan of 0.70% (plus a facility fee of 0.18%) as of June 30, 2009.

We have designated these interest rate swaps as cash flow hedges. A portion of the amount included in accumulated other comprehensive earnings is reclassified into interest expense as a yield adjustment as interest payments are made on the Term and Revolving Loans. In accordance with the authoritative guidance for fair value measurements, the inputs used to determine the estimated fair value of our interest rate swaps are Level 2-type measurements. We considered our own credit risk when determining the fair value of our interest rate swaps. During June 2008, we terminated the $750 million interest rate swap tied to the Term Loan B that was retired during July 2008, without any significant impact to our financial position or results of operations during the period as its fair value was approximately zero on the date of termination.

A summary of the fair value of the Company’s derivative instruments is as follows (in millions):

Liability Derivatives

June 30, 2009

December 31, 2008

Fair

Balance Sheet Location

Value

Balance Sheet Location

Value

Interest rate swap contracts

Accounts payable and accrued liabilities

50.5

Accounts payable and accrued liabilities

39.6

Interest rate swap contracts

Other long-term liabilities

—

Other long-term liabilities

44.6

Total derivatives designated as hedging instruments

50.5

84.2

A summary of the effect of derivative instruments on the Company’s Consolidated Statements of Earnings recognized in Other Comprehensive Earnings (“OCE”) are as follows (in millions):

Amount of Gain(Loss)

Amount of Loss Reclassified

Recognized in OCE on

from Accumulated OCE into

Derivative

Income

Three

Location of Loss

Derivatives in Cash

Three Months

Months

Reclassified from

Three Months

Flow Hedging

Ended June

Accumulated OCE into

Ended June

Relationships

30, 2009

30, 2008

Income

30, 2009

30, 2008

Interest rate swap contracts

3.8

(53.9

)

Interest expense

(22.7

)

(12.7

)

Amount of Loss Reclassified

Amount of Gain Recognized

from Accumulated OCE into

in OCE on Derivative

Income

Location of Loss

Derivatives in SFAS 133

Six Months

Reclassified from

Six Months

Cash Flow Hedging

Ended June

Accumulated OCE into

Ended June

Relationships

30, 2009

30, 2008

Income

30, 2009

30, 2008

Interest rate swap contracts

10.5

28.1

Interest expense

(44.2

)

(18.3

)

Our existing cash flow hedges are highly effective and there is no current impact on earnings due to hedge ineffectiveness. It is our practice to execute such instruments with credit-worthy banks at the time of execution and not to enter into derivative financial instruments for speculative purposes. As of June 30, 2009, we believe that our interest rate swap counterparties will be able to fulfill their obligations under our agreements and we believe we will have debt outstanding through the various expiration dates of the swaps such that the future hedge cash flows remain probable of occurring.

Principal maturities of long-term debt at June 30, 2009 are as follows (in millions):


2009 remainder	$	53.0
2010		210.0
2011		157.5
2012		1,871.6

Total	$	2,292.1

Through the eFunds Corporation (“eFunds”) acquisition on September 12, 2007, we assumed $100.0 million in long-term notes payable previously issued by eFunds (the “eFunds Notes”). On February 26, 2008, we redeemed the eFunds Notes for a total of $109.3 million, which included a make-whole premium of $9.3 million.

Commitments and Contingencies

6 Months Ended

Jun. 30, 2009

Commitments and Contingencies [Abstract]

Commitments and Contingencies

(7) Commitments and Contingencies

Litigation

In the ordinary course of business, the Company is involved in various pending and threatened litigation matters related to operations, some of which include claims for punitive or exemplary damages. The Company believes that no actions, other than the matters listed below, depart from customary litigation incidental to its business. As background to the disclosure below, please note the following:

	•		These matters raise difficult and complicated factual and legal issues and are subject to many uncertainties and complexities.

	•		The Company reviews these matters on an on-going basis and follows the authoritative provisions for accounting for contingencies when making accrual and disclosure decisions. A liability must be accrued if (a) it is probable that an asset has been impaired or a liability has been incurred and (b) the amount of loss can be reasonably estimated. If one of these criteria has not been met, disclosure is required when there is at least a reasonable possibility that a loss may have been incurred. When assessing reasonably possible and probable outcomes, the Company bases decisions on the assessment of the ultimate outcome following all appeals. Legal fees associated with defending these matters are expensed as incurred.

Litigation Related to the Merger

On April 7, 2009, a putative class action complaint was filed by a purported Metavante shareholder against Metavante, its directors, certain officers, and FIS. The complaint alleges that the Metavante directors and officers breached fiduciary duties to Metavante shareholders and that Metavante and FIS aided and abetted such breaches. The complaint seeks to enjoin the proposed Merger transaction, preliminarily and permanently, and also seeks unspecified money damages, attorneys’ fees, and class certification. An amended complaint was filed on April 23, 2009, adding an additional plaintiff, but it is otherwise the same as the original complaint. The case is Lisa Repinski, et al v. Michael Hayford, et al , Milwaukee County Circuit Court Case No. 09CV5325.

On April 24, 2009, a second putative class action containing similar allegations was filed by another purported Metavante shareholder against Metavante and its directors and certain officers. This complaint also seeks to enjoin the Merger transaction, preliminarily and permanently, and also seeks unspecified money damages, attorneys’ fees, and class certification. The case is Samuel Beren v. Metavante Technologies, Inc. et al., Milwaukee County Circuit Court Case No. 09CV6315.

On April 28, 2009, a motion was filed to consolidate the Repinski and Beren actions; that motion has not yet been decided. FIS believes these actions are without merit and intends to defend vigorously against the claims.

McCormick, April v. Certegy Payment Recovery Services, Inc., et al

This is a putative class action filed during the first quarter of 2006 in the U.S. District Court for the Northern District of Texas against Certegy Check Services, Inc. and Certegy Payment Recovery Services, Inc. The complaint seeks damages and declaratory relief for breach of contract as well as alleged violations of the Fair Debt Collection Practices Act (“FDCPA”), Texas Debt Collections Act, and Texas Deceptive Trade Practices Act (“TDTPA”). The Plaintiff wrote a check to a retailer that was dishonored on presentment. The dishonored check was assigned to Certegy for recovery and collection of associated service charges. The Plaintiff contends that there was no authority to collect a $30 service charge on her bounced check, that the collection letters she received were misleading and that Certegy’s actions were oppressive. Point-of-sale signage indicated that a fee of $25 or the maximum allowed by law would be owed for any bounced check. In addition, the check was stamped at the point-of-sale with a similar statement that the plaintiff signed. The service charge statute in Texas allows a reasonable fee of up to $30 for bounced checks. The court dismissed multiple claims arising out of the FDCPA, including all claims based on alleged misrepresentations or oppressive conduct. The only FDCPA claim remaining is Plaintiff’s claim against Certegy Payment Recovery Services under Section 808. Certegy filed a motion to dismiss the state law claims and a motion for summary judgment as to all counts, arguing that Plaintiff expressly agreed to pay a service charge if her check bounced. The court dismissed the declaratory judgment claim and found that Certegy did not make false, deceptive or misleading representations under the TDTPA; however, the court declined to dismiss the remainder of the state law claims. The Plaintiff filed a motion for class certification, and in the first quarter of 2009 the court granted that motion with respect to the FDCPA claim against Certegy Payment Recovery Services, but denied it with respect to all other claims and against all other defendants. Certegy Payment Recovery Services has appealed the decision to the 5th Circuit Court of Appeals. The matter was mediated during the second quarter of 2009 and settled. The settlement is subject to court approval.

Driver’s Privacy Protection Act

A putative class action lawsuit styled Richard Fresco, et al. v. Automotive Directions, Inc. et al., was filed against eFunds and seven other non-related parties in the U.S. District Court for the Southern District of Florida during the second quarter of 2003. The complaint alleged that eFunds purchased motor vehicle records that were used for marketing and other purposes that are not permitted under the Federal Driver’s Privacy Protection Act (“DPPA”). The plaintiffs sought statutory damages, plus costs, attorney’s fees and injunctive relief. eFunds and five of the other seven defendants settled the case with the plaintiffs. That settlement was approved by the court over the objection of a group of Texas drivers and motor vehicle record holders. The plaintiffs have since moved to amend the court’s order approving the settlement in order to seek a greater attorneys’ fee award and to recover supplemental costs. In the meantime, the objectors filed two class action complaints styled Sharon Taylor, et al. v. Biometric Access Company et al. and Sharon Taylor, et al. v. Acxiom et al. in the U.S. District Court for the Eastern District of Texas during the first quarter of 2007 alleging similar violations of the DPPA. The Acxiom action was filed against the Company’s ChexSystems, Inc. subsidiary, while the Biometric suit was filed against the Company’s Certegy Check Services, Inc. subsidiary. The judge recused himself in the action against Certegy because he was a potential member of the class. The lawsuit was then assigned to a new judge and Certegy filed a motion to dismiss. The court granted Certegy’s motion to dismiss with prejudice in the third quarter of 2008. ChexSystems filed a motion to dismiss or stay its action based upon the earlier settlement and the Court granted the motion to stay pending resolution of the Florida case. The court dismissed the ChexSystems’ lawsuit with prejudice against the remaining defendants in the third quarter of 2008. The plaintiffs moved the court to amend the dismissal to exclude defendants that were parties to the Florida settlement. That motion was granted. The plaintiffs then appealed the dismissal. The plaintiffs’ appeals of the dismissals in both lawsuits are pending.

Searcy, Gladys v. eFunds Corporation

This is a nationwide putative class action that was originally filed against eFunds Corporation and its affiliate Deposit Payment Protection Services, Inc. in the U.S. District Court for the Northern District of Illinois during the first quarter of 2008. The complaint alleges willful violation of the Fair Credit Reporting Act (“FCRA”) in connection with the operation of the Shared Check Authorization Network. Plaintiff’s principal allegation is that consumers did not receive appropriate disclosures pursuant to §1681g of the FCRA because the disclosures did not include: (i) all information in the consumer’s file at the time of the request; (ii) the source of the information in the consumer’s file; and/or (iii) the names of any persons who requested information related to the consumer’s check writing history during the prior year. The Company is vigorously defending the matter.

Indemnifications and Warranties

The Company often indemnifies its customers against damages and costs resulting from claims of patent, copyright, or trademark infringement associated with use of its software through software licensing agreements. Historically, the Company has not made any payments under such indemnifications, but continues to monitor the conditions that are subject to the indemnifications to identify whether it is probable that a loss has occurred, and would recognize any such losses when they are estimable. In addition, the Company warrants to customers that its software operates substantially in accordance with the software specifications. Historically, no costs have been incurred related to software warranties and none are expected in the future, and as such no accruals for warranty costs have been made.

Segment Information

6 Months Ended

Jun. 30, 2009

Segment Information [Abstract]

Segment Information

(8) Segment Information

Summarized financial information for the Company’s segments is shown in the following tables.

As of and for the three-month period ended June 30, 2009 (in millions):


	Financial		Payment				Corporate
	Solutions		Solutions		International		and Other			Total
Processing and services revenues	$	277.0	$	380.0	$	178.4	$	(0.6	)	$	834.8
Operating expenses		186.3		285.6		163.5		82.0			717.4

Operating income	$	90.7	$	94.4	$	14.9	$	(82.6	)		117.4

Other income (expense) unallocated											(25.8	)

Income from continuing operations										$	91.6


Depreciation and amortization	$	28.7	$	10.8	$	14.6	$	38.0		$	92.1

Capital expenditures	$	25.2	$	7.2	$	17.6	$	0.9		$	50.9

Total assets	$	2,858.9	$	2,232.0	$	1,432.7	$	823.1		$	7,346.7

Goodwill	$	2,096.2	$	1,677.6	$	426.4	$	—		$	4,200.2

As of and for the three-month period ended June 30, 2008 (in millions):


	Financial		Payment				Corporate
	Solutions		Solutions		International		and Other			Total
Processing and services revenues	$	280.8	$	383.4	$	206.8	$	(1.3	)	$	869.7
Operating expenses		202.9		295.9		199.2		113.8			811.8

Operating income	$	77.9	$	87.5	$	7.6	$	(115.1	)		57.9

Other income (expense) unallocated											(40.8	)

Income from continuing operations										$	17.1


Depreciation and amortization	$	25.9	$	9.7	$	15.2	$	47.0		$	97.8

Capital expenditures	$	19.2	$	10.0	$	24.4	$	(1.5	)	$	52.1

Total assets	$	2,982.9	$	2,318.2	$	1,290.2	$	1,149.1		$	7,740.4

Goodwill	$	2,112.2	$	1,686.6	$	426.7	$	—		$	4,225.5

As of and for the six-month period ended June 30, 2009 (in millions):


	Financial		Payment				Corporate
	Solutions		Solutions		International		and Other			Total
Processing and services revenues	$	548.3	$	744.7	$	340.7	$	(1.1	)	$	1,632.6
Operating expenses		384.0		566.2		315.6		167.5			1,433.3

Operating income	$	164.3	$	178.5	$	25.1	$	(168.6	)		199.3

Other income (expense) unallocated											(55.8	)

Income from continuing operations										$	143.5


Depreciation and amortization	$	57.1	$	21.9	$	27.8	$	77.3		$	184.1

Capital expenditures	$	51.1	$	14.9	$	26.9	$	3.3		$	96.2

As of and for the six-month period ended June 30, 2008 (in millions):


	Financial		Payment				Corporate
	Solutions		Solutions		International		and Other			Total
Processing and services revenues	$	561.2	$	756.7	$	383.7	$	(1.6	)	$	1,700.0
Operating expenses		413.8		598.3		363.9		214.9			1,590.9

Operating income	$	147.4	$	158.4	$	19.8	$	(216.5	)		109.1

Other income (expense) unallocated											(78.0	)

Income from continuing operations										$	31.1


Depreciation and amortization	$	61.4	$	24.1	$	28.7	$	86.9		$	201.1

Capital expenditures	$	44.7	$	19.8	$	65.6	$	0.3		$	130.4

Brazil, Germany and the U.K. accounted for the majority of the sales to non-U.S. based customers.

Total assets at June 30, 2009 and 2008, excludes $93.1 million and $2,038.0 million, respectively, related to discontinued operations. Goodwill at June 30, 2008, exclude $1,112.1 million related to discontinued operations.

Financial Solutions

The Financial Solutions segment focuses on serving the processing needs of financial institutions of all sizes, commercial lenders, finance companies and other businesses. The Company’s primary software applications function as the underlying infrastructure of a financial institution’s processing environment. These applications include core bank processing software, which banks use to maintain the primary records of their customer accounts. The Company also provides a number of complementary applications and services that interact directly with the core processing applications, including applications that facilitate interactions between the Company’s financial institution customers and their clients. The Company offers applications and services through a range of delivery and service models, including on-site outsourcing and remote processing arrangements, as well as on a licensed software basis for installation on customer-owned and operated systems.

Payment Solutions

The Payment Solutions segment focuses on serving the payment processing and risk management needs of financial institutions, retailers and other businesses. This segment includes card issuer services, which enable banks, credit unions, and others to issue VISA and MasterCard credit and debit cards, private label cards, and other electronic payment cards for use by both consumer and business accounts. In addition, this segment provides risk management services to retailers and financial institutions. The Company offers applications and services through a range of delivery and service models, including on-site outsourcing and remote processing arrangements, as well as on a licensed software basis for installation on customer-owned and operated systems.

International

The International segment offers both financial solutions and payment solutions to a wide array of international financial institutions. Also, this segment includes the Company’s consolidated Brazilian card processing venture (see note 3). Included in this segment are long-term assets, excluding Goodwill and other Intangible assets, located outside of the United States totaling $442.7 million and $472.1 million at June 30, 2009 and 2008, respectively. These assets are predominantly located in Germany, Brazil, the U.K. and India.

Corporate and Other

The Corporate and Other segment consists of the corporate overhead costs that are not allocated to operating segments. These include costs related to human resources, finance, legal, accounting, domestic sales and marketing and amortization of acquisition-related intangibles and other costs that are not considered when management evaluates segment performance.

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2009
Basis of Presentation [Abstract]
Basis of Presentation	(1) Basis of Presentation The unaudited financial information included in this report includes the accounts of FIS and its subsidiaries prepared in accordance with U.S. generally accepted accounting principles and the instructions to Form 10-Q and Article 10 of Regulation S-X. All adjustments considered necessary for a fair presentation have been included. This report should be read in conjunction with the Company’s Annual Report on Form 10-K, as amended by the Annual Report on Form 10-K/A, for the year ended December 31, 2008. The preparation of these Consolidated Financial Statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Certain reclassifications have been made in the 2008 Consolidated Financial Statements to conform to the classifications used in 2009. We report the results of our operations in four reporting segments: 1) Financial Solutions, 2) Payment Solutions, 3) International and 4) Corporate and Other (Note 8).

Subsequent Events	6 Months Ended
Subsequent Events	Jun. 30, 2009
Subsequent Events [Abstract]
Subsequent Events	(9) Subsequent Events The Company has evaluated transactions, events and circumstances for consideration of recognition or disclosure through August 5, 2009, the date these interim financial statements were issued, and has reflected or disclosed those items within the Consolidated Financial Statements as deemed appropriate.

Consolidated Statement of Equity (Parenthetical)	6 Months Ended
Consolidated Statement of Equity (Parenthetical)	Jun. 30, 2009 shares
Statement [Line Items]
Cash dividends paid per share \| (per share)	shares 0.1
Retained Earnings
Statement [Line Items]
Cash dividends paid per share	shares 0.1