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Document and Entity Information - USD ($)	3 Months Ended
Document and Entity Information - USD ($)	Mar. 31, 2010	Apr. 30, 2010	Jun. 30, 2009
Document and Entity Information [Abstract]
Entity Registrant Name	Fidelity National Information Services, Inc.
Entity Central Index Key	0001136893
Document Type	10-Q
Document Period End Date	Mar. 31, 2010
Amendment Flag	false
Document Fiscal Year Focus	2010
Document Fiscal Period Focus	Q1
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			$ 3,661,517,270
Entity Common Stock, Shares Outstanding		376,587,420

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2010	Dec. 31, 2009
Current assets:
Cash and cash equivalents	$ 463.9	$ 430.9
Settlement deposits	44.0	50.8
Trade receivables, net of allowance for doubtful accounts of $42.5 and $41.8 at March 31, 2010 and December 31, 2009, respectively	717.5	765.4
Settlement receivables	76.7	62.5
Other receivables	49.8	30.9
Receivables from related parties	33.9	32.0
Prepaid expenses and other current assets	149.1	141.2
Deferred income taxes	58.3	80.9
Assets held for sale	0.0	71.5
Total current assets	1,593.2	1,666.1
Property and equipment, net	368.9	375.9
Goodwill	8,221.0	8,232.9
Intangible assets, net	2,369.6	2,396.8
Computer software, net	914.1	932.7
Deferred contract costs	249.3	261.4
Other noncurrent assets	117.9	131.8
Total assets	13,834.0	13,997.6
Current liabilities:
Accounts payable and accrued liabilities	541.4	523.2
Due to Brazilian venture partners	72.8	73.0
Settlement payables	108.2	122.3
Current portion of long-term debt	236.9	236.7
Deferred revenues	299.4	279.5
Total current liabilities	1,258.7	1,234.7
Deferred revenues	91.4	104.8
Deferred income taxes	875.9	915.9
Long-term debt, excluding current portion	2,815.6	3,016.6
Other long-term liabilities	234.9	207.0
Total liabilities	5,276.5	5,479.0
FIS stockholders' equity:
Preferred stock $0.01 par value; 200 shares authorized, none issued and outstanding at March 31, 2010 and December 31, 2009	0.0	0.0
Common stock $0.01 par value; 600 shares authorized, 381.1 shares issued at March 31, 2010 and December 31, 2009	3.8	3.8
Additional paid in capital	7,324.4	7,345.1
Retained earnings	1,209.5	1,134.6
Accumulated other comprehensive earnings	54.2	82.2
Treasury stock, $0.01 par value, 6.7 and 6.6 shares at March 31, 2010 and December 31, 2009, respectively	(239.2)	(256.8)
Total FIS stockholders' equity	8,352.7	8,308.9
Noncontrolling interest	204.8	209.7
Total equity	8,557.5	8,518.6
Total liabilities and equity	$ 13,834.0	$ 13,997.6

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) shares in Millions	Mar. 31, 2010 USD ($) shares	Dec. 31, 2009 USD ($) shares
Current assets:
Allowance for doubtful accounts, Trade receivables \| $	$ 42,500,000	$ 41,800,000
FIS stockholders' equity:
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	381.1	381.1
Treasury stock, par value \| $	0.01	0.01
Treasury stock, shares	6.7	6.6

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2010	Mar. 31, 2009
Condensed Consolidated Statements of Earnings [Abstract]
Processing and services revenues (for related party activity, see note 3)	$ 1,249.6	$ 794.1
Cost of revenues (for related party activity, see note 3)	907.2	618.4
Gross profit	342.4	175.7
Selling, general, and administrative expenses (for related party activity, see note 3)	158.6	95.9
Operating income	183.8	79.8
Other income (expense):
Interest expense, net	(28.3)	(31.2)
Other income (expense), net	(5.3)	1.2
Total other income (expense)	(33.6)	(30.0)
Earnings from continuing operations before income taxes	150.2	49.8
Provision for income taxes	55.6	17.1
Earnings from continuing operations, net of tax	94.6	32.7
Loss from discontinued operations, net of tax	(1.1)
Net earnings	93.5	32.7
Net loss attributable to noncontrolling interest	0.1	0.3
Net earnings attributable to FIS	$ 93.6	$ 33.0
Net earnings per share - basic from continuing operations attributable to FIS common stockholders	$ 0.25	$ 0.17
Net earnings per share - basic from discontinued operations attributable to FIS common stockholders
Net earnings per share - basic attributable to FIS common stockholders	$ 0.25	$ 0.17
Weighted average shares outstanding - basic	373.3	190.0
Net earnings per share - diluted from continuing operations attributable to FIS common stockholders	$ 0.25	$ 0.17
Net earnings per share - diluted from discontinued operations attributable to FIS common stockholders
Net earnings per share - diluted attributable to FIS common stockholders	$ 0.25	$ 0.17
Weighted average shares outstanding - diluted	379.9	191.6
Cash dividends paid per share	$ 0.05	$ 0.05
Amounts attributable to FIS common stockholders
Earnings from continuing operations, net of tax	$ 94.7	$ 33.0
Loss from discontinued operations, net of tax	(1.1)
Net earnings attributable to FIS	$ 93.6	$ 33.0

Condensed Consolidated Statement of Equity and Comprehensive Earnings (Unaudited) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2010 USD ($) shares
Statement [Line Items]
Beginning Balance	$ 8,518.6
Exercise of stock options and stock purchase rights	13.2
Tax benefit associated with exercise of stock options	(0.1)
Stock-based compensation	16.0
Purchases of treasury stock	(32.2)
Cash dividends paid ($0.05 per share) and other	(19.5)
Comprehensive earnings:
Net earnings	93.5
Other comprehensive earnings, net of tax:
Unrealized gain on investments and derivatives, net	(7.0)
Unrealized gain on foreign currency translation	(25.0)
Ending Balance	8,557.5
Common Stock
Statement [Line Items]
Beginning Balance	$ 3.8
Shares, Beginning Balance \| shares	381.1
Other comprehensive earnings, net of tax:
Ending Balance	$ 3.8
Shares, Ending Balance \| shares	381.1
Additional Paid In Capital
Statement [Line Items]
Beginning Balance	$ 7,345.1
Exercise of stock options and stock purchase rights	(36.6)
Tax benefit associated with exercise of stock options	(0.1)
Stock-based compensation	16.0
Other comprehensive earnings, net of tax:
Ending Balance	7,324.4
Retained Earnings
Statement [Line Items]
Beginning Balance	1,134.6
Cash dividends paid ($0.05 per share) and other	(18.7)
Comprehensive earnings:
Net earnings	93.6
Other comprehensive earnings, net of tax:
Ending Balance	1,209.5
Accumulated Other Comprehensive Earnings (Loss)
Statement [Line Items]
Beginning Balance	82.2
Other comprehensive earnings, net of tax:
Unrealized gain on investments and derivatives, net	(7.0)
Unrealized gain on foreign currency translation	(21.0)
Ending Balance	54.2
Treasury Stock
Statement [Line Items]
Beginning Balance	$ (256.8)
Shares, Beginning Balance \| shares	(6.6)
Exercise of stock options and stock purchase rights	$ 49.8
Exercise of stock options and stock purchase rights, shares \| shares	1.3
Purchases of treasury stock	$ (32.2)
Purchases of treasury stock, shares \| shares	(1.4)
Other comprehensive earnings, net of tax:
Ending Balance	$ (239.2)
Shares, Ending Balance \| shares	(6.7)
Noncontrolling Interest
Statement [Line Items]
Beginning Balance	$ 209.7
Cash dividends paid ($0.05 per share) and other	(0.8)
Comprehensive earnings:
Net earnings	(0.1)
Other comprehensive earnings, net of tax:
Unrealized gain on foreign currency translation	(4.0)
Ending Balance	204.8
Comprehensive Earnings
Comprehensive earnings:
Net earnings	93.5
Other comprehensive earnings, net of tax:
Unrealized gain on investments and derivatives, net	(7.0)
Unrealized gain on foreign currency translation	(25.0)
Comprehensive earnings:	$ 61.5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2010	Mar. 31, 2009
Cash flows from operating activities:
Net earnings	$ 93.5	$ 32.7
Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	152.8	92.0
Stock-based compensation	16.0	9.5
Deferred income taxes	(8.5)	1.3
Income tax benefit from exercise of stock options	0.1	(0.1)
Other operating activities, net	5.4	0.9
Changes in assets and liabilities, net of effects from acquisitions:
Net decrease (increase) in trade receivables	45.7	68.9
Net decrease (increase) in settlement receivables	(21.6)	0.7
Net decrease (increase) in prepaid expenses and other assets	(9.2)	19.1
Net increase in deferred contract costs	(7.2)	(10.9)
Net increase (decrease) in deferred revenue	11.5	16.0
Net increase (decrease) in accounts payable, accrued liabilities, and other liabilities	(6.9)	(67.2)
Net cash provided by operating activities	271.6	162.9
Cash flows from investing activities:
Additions to property and equipment	(20.8)	(15.0)
Additions to computer software	(37.4)	(30.3)
Net proceeds from sale of assets	71.5
Acquisitions, net of cash acquired	(50.0)	(3.0)
Other investing activities, net	39.2
Net cash provided by (used in) investing activities	2.5	(48.3)
Cash flows from financing activities:
Borrowings	1,841.6	541.8
Repayment of borrowings	(2,042.0)	(595.9)
Income tax benefits from exercise of stock options	(0.1)	0.1
Proceeds from exercise of stock options	13.2	3.6
Treasury stock purchases	(32.2)
Dividends paid	(19.5)	(9.5)
Net cash used in financing activities	(239.0)	(59.9)
Effect of foreign currency exchange rates on cash	(2.1)	(3.6)
Net increase in cash and cash equivalents	33.0	51.1
Cash and cash equivalents, beginning of period	430.9	220.9
Cash and cash equivalents, end of period	463.9	272.0
Cash paid for interest	35.5	30.7
Cash paid for taxes	$ 14.5	$ 37.9

Change in Accounting for Revenue Recognition	3 Months Ended
Change in Accounting for Revenue Recognition	Mar. 31, 2010
Change in Accounting for Revenue Recognition [Abstract]
Change in Accounting for Revenue Recognition	(2) Change in Accounting for Revenue Recognition In October 2009, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2009-13, “Multiple-Deliverable Revenue Arrangements-“ (“ASU 2009-13”). This new standard revises the guidance for determining whether multiple deliverables in an arrangement can be separated for revenue recognition and how the consideration should be allocated. It eliminates the use of the residual method of revenue recognition and requires the allocation of consideration to each deliverable using the relative selling price method. The selling price for each deliverable is based on vendor-specific objective evidence (“VSOE”) if available, third-party evidence (“TPE”) if VSOE is not available, or estimated selling price (“ESP”) if neither VSOE or TPE is available. FIS early adopted the provisions of ASU 2009-13 prospectively for all new and materially modified arrangements after January 1, 2010. We establish VSOE of selling price using the price charged when the same element is sold separately, or in the case of post-contract customer support or other recurring services, when a substantive stated renewal rate is provided to the customer. In certain limited circumstances, the Company is not able to establish VSOE for all deliverables in a multiple element arrangement. This may be due to the infrequent occurrence of standalone sales for an element, a limited sales history for new solutions or pricing within a broader range than permissible by our policy to establish VSOE. In those circumstances, we proceed to the alternative levels in the hierarchy of determining selling price. TPE of selling price is established by evaluating largely similar and interchangeable competitor products or services in standalone sales to similarly situated customers. The Company is typically not able to determine TPE and we have not used this measure since we are unable to reliably verify standalone prices of competitive solutions. ESP is established in those instances where neither VSOE nor TPE are available, considering internal factors such as margin objectives, pricing practices and controls, customer segment pricing strategies and the product life cycle. Consideration is also given to market conditions such as competitor pricing strategies and industry technology life cycles. Use of ESP was limited to a very small portion of our solutions, principally software license fees and related installation fees. The Company’s arrangements with multiple deliverables may include one or more elements that are subject to the existing software revenue recognition guidance. The consideration for these multiple element arrangements is allocated to the software deliverables and the non-software deliverables based on the relative selling prices of all of the elements in the arrangement using the hierarchy in ASU 2009-13. The appropriate revenue recognition guidance is then applied to the respective software and non-software elements. Processing and services revenues would have been approximately $2.0 million less than reported if the new or materially modified arrangements after January 1, 2010 had been subject to the prior accounting guidance. This new guidance did not have a material impact on revenue recognition due to the existence of VSOE for most of the Company’s solutions. While the impact of adopting this change going forward will be a function of the component elements of new contracts entered into or materially modified, we expect a minimal impact in the timing and pattern of revenue recognition since we have established VSOE for those solutions comprising the vast majority of our revenues. The effect of the change will primarily relate to arrangements that include software licenses with other service elements that have historically resulted in revenue deferral for certain non-software elements. The Company does not expect this new accounting guidance to impact its future pricing practices or go-to-market strategies.

Related Party Transactions

3 Months Ended

Mar. 31, 2010

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 periods ended March 31, 2010 and 2009 is as follows (in millions):


	2010		2009
Banco Santander item processing revenue	$	10.7	$	8.6
Banco Bradesco item processing revenue		3.9		3.0
Banco Santander Brazilian Venture revenue		12.8		11.2
Banco Bradesco Brazilian Venture revenue		32.3		17.9
FNF data processing services revenue		11.6		11.8
Sedgwick data processing services revenue		8.9		10.0
Ceridian data processing services revenue		1.9		0.8
LPS services revenue		0.1		0.1

Total related party revenues	$	82.2	$	63.4

See Note 7 for a discussion of the Brazilian outsourced card-processing venture with Banco Santander and Banco Bradesco (the “Brazilian Venture”).

A detail of related party items included in operating expenses (net of expense reimbursements) for the three-month periods ended March 31, 2010 and 2009 is as follows (in millions):


	2010		2009
Equipment and real estate leasing with FNF and LPS	$	0.6	$	5.9
Administrative corporate support and other services with FNF and LPS		0.8		(0.5	)

Total related party expenses	$	1.4	$	5.4

FNF

We provide data processing services to Fidelity National Financial, Inc. (“FNF”), our former parent, consisting primarily of infrastructure support and data center management. The Executive Chairman of the Board of Directors of FIS is also the Executive Chairman of the Board of Directors of FNF. 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). During the 2009 third quarter, FNF entered into a transaction that triggered the repayment of the $5.9 million note payable to FIS. We recorded interest income related to this note of less than $0.1 million for the three months ended March 31, 2009. 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.

Ceridian

We provide business process outsourcing services to Ceridian Corporation (“Ceridian”), a company in which FNF holds an approximate 33% equity interest.

Sedgwick

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

LPS

We provide transitional services to Lender Processing Services, Inc. (“LPS”) as a result of the spin-off of this former subsidiary in July, 2008. In addition, we have entered into certain property management and real estate lease agreements with LPS relating to our Jacksonville corporate headquarters. LPS remained a related party through March 1, 2010 as Lee A. Kennedy served as the Executive Vice Chairman and a Director of the Board of FIS as well as the Chairman of the Board of LPS. Mr. Kennedy joined the FIS board in February 2006 and served as FIS’ President and Chief Executive Officer until the acquisition of Metavante on October 1, 2009. Effective March 1, 2010, Mr. Kennedy and the Company mutually agreed that he will no longer serve as an executive officer and director of the Company and its subsidiaries. The revenue and expense items with LPS are, therefore, summarized above as related party activity through March 1, 2010.

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.

Acquisitions and Dispositions

3 Months Ended

Mar. 31, 2010

Acquisitions and Dispositions [Abstract]

Acquisitions and Dispositions

(5) Acquisitions and Dispositions

Metavante

On October 1, 2009, we completed the acquisition of Metavante (the “Metavante Acquisition”). Metavante expanded the scale of FIS core processing and payment capabilities, added trust and wealth management services and added to our EFT capabilities with the NYCE Network. Metavante also added significant scale to treasury and cash management offerings and provided an entry into the healthcare and government payments markets.

The total purchase price was as follows (in millions):


Value of Metavante common stock	$	4,066.4
Value of Metavante stock awards		121.4

Total purchase price	$	4,187.8

We recorded a preliminary allocation of the purchase price to Metavante tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values as of October 1, 2009. Goodwill was recorded based on the amount by which the purchase price exceeded the fair value of the net assets acquired. The preliminary purchase price allocation was as follows (in millions):


Cash	$	439.7
Trade and other receivables		237.9
Land, buildings, and equipment		119.8
Other assets		144.4
Computer software		287.7
Intangible assets		1,572.0
Goodwill		4,083.1
Liabilities assumed		(2,673.4	)
Noncontrolling interest		(23.4	)

Total purchase price	$	4,187.8

The following table summarizes the liabilities assumed in the Metavante Acquisition (in millions):


Long-term debt including current portion	$	1,720.1
Deferred income taxes		544.4
Other liabilities		408.9

	$	2,673.4

During the quarter ended March 31, 2010, the Company completed certain tax studies and appraisals and recorded a reduction of $3.9 million in the provisional goodwill balance, an offsetting reduction in other liabilities of $2.2 million, an increase in land, buildings and equipment of $1.5 million and adjustments of less than $1.0 million to trade and other receivables, accrued liabilities and deferred income taxes. These adjustments were not given retrospective application to December 31, 2009 due to their immateriality.

As of the acquisition date, WPM, L.P., a Delaware limited partnership affiliated with Warburg Pincus Private Equity IX, L.P. (collectively “Warburg Pincus”) owned 25% of the outstanding shares of Metavante common stock, and was a party to a purchase right agreement with Metavante that granted Warburg Pincus the right to purchase additional shares of Metavante common stock under certain conditions in order to maintain its interest. The Company and Warburg Pincus entered into a replacement stock purchase right agreement effective upon consummation of the merger, granting Warburg Pincus the right to purchase comparable FIS shares in lieu of Metavante shares. The purchase right agreement relates to Metavante employee stock options that were outstanding as of the date of Warburg Pincus’ initial investment in Metavante. The stock purchase right may be exercised quarterly for a number of shares equal to one-third of the number of said employee stock options exercised during the preceding quarter, at a price equal to one-third of the aggregate exercise prices for such options. Alternatively, the right may be exercised for a number of shares equal to the difference between (i) one-third of the number of said employee stock options exercised during the preceding quarter and (ii) the quotient of one-third of the aggregate exercise prices of such options exercised divided by the quoted closing price of a common share on the day immediately before exercise of the purchase right, at a price equal to $.01 per share (“Net Settlement Feature”). In March 2010, 0.5 million shares were issued to Warburg Pincus relative to 2009 activity. Warburg Pincus paid a nominal amount for these shares under the Net Settlement Feature of the agreement. As of March 31, 2010, approximately 6.3 million employee options remained outstanding that were subject to this purchase right; therefore, the right will permit Warburg Pincus to purchase at most an additional 2.1 million shares.

Acquisition of Merchant Portfolio Assets

On March 24, 2010, FIS purchased the customer relationships utilized in connection with a merchant acquiring portfolio (the “Merchant Portfolio”). The purchase price was $50.0 million, including cash at closing plus reimbursement to the seller of certain costs and expenses. The Merchant Portfolio seller agreed to retain all liabilities, whether actual, contingent or accrued, known or unknown. FIS had performed the processing for this Merchant Portfolio under a separate agreement with the seller, but will now retain 100% of the revenue. We accounted for this transaction as an acquisition of assets. The customer relationship assets will be amortized over an estimated useful life of 5 years.

Disposition of ClearPar

On October 30, 2009, we entered into a definitive agreement to sell ClearPar because its operations did not align with our strategic plans. The net assets were classified as held for sale at December 31, 2009, and the transaction was closed on January 1, 2010. We received proceeds of $71.5 million. ClearPar had revenues of $3.7 million during the three months ended March 31, 2009 and earnings (loss) before taxes of ($1.7) million and $2.1 million during the three months ended March 31, 2010 and 2009, respectively. The operating results of ClearPar for the three-month periods ended March 31, 2010 and 2009 are recorded as discontinued operations in the Condensed Consolidated Statements of Earnings.

Long-Term Debt

3 Months Ended

Mar. 31, 2010

Long-Term Debt [Abstract]

Long-Term Debt

(8) Long-Term Debt

Long-term debt as of March 31, 2010 and December 31, 2009 consisted of the following (in millions):


	March 31,			December 31,
	2010			2009
Term Loan A, secured, interest payable at LIBOR plus 0.75% (0.98% at March 31, 2010), quarterly principal amortization, maturing January 2012	$	1,837.5		$	1,890.0
Metavante Term Loan, secured, interest payable at LIBOR plus 3.25% (3.50% at March 31, 2010), quarterly principal amortization, maturing November 2014 (net of $3.3 million fair value discount)		792.6			794.5
Term Loan C, secured, interest payable at LIBOR plus 4.25% (4.48% at March 31, 2010), maturing January 2012		50.0			200.0
Revolving Loan, secured, interest payable at LIBOR plus 0.60% (Eurocurrency Borrowings), Fed-funds plus 0.60% (Swingline Borrowings) or Prime plus 0.00% (Base Rate Borrowings) plus 0.15% facility fee (0.83% at March 31, 2010), maturing January 2012. Total of $555.0 million unused as of March 31, 2010		339.4			336.0
Other promissory notes with various interest rates and maturities		33.0			32.8

		3,052.5			3,253.3
Less current portion		(236.9	)		(236.7	)

Long-term debt, excluding current portion	$	2,815.6		$	3,016.6

The fair value of the Company’s long-term debt at March 31, 2010 is estimated to be approximately $53.5 million lower than the carrying value (based on values of trades of our debt made in close proximity to quarter-end, which are considered Level 2 measurements) in accordance with the authoritative guidance for fair value measurements. 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.

We may borrow, repay and re-borrow amounts under the Revolving Loan from time to time until the maturity of the Revolving Loan. We must make quarterly principal payments under the Term Loan A of $52.5 million per quarter from June 30, 2010 through September 30, 2011, with the remaining balance of $1,522.5 million payable on January 18, 2012. As of December 31, 2009, there are no longer any mandatory quarterly principal payments on the Term Loan C as these requirements have been fulfilled in full due to principal prepayments made to date. The remaining principal balance of the Term Loan C is payable on January 18, 2012. We must make quarterly principal payments on the Metavante Term Loan in the amount of $2.0 million on the first business day of each February, May, August, and November with the balance of $759.4 million payable on November 1, 2014.

In addition to the scheduled principal payments, the term loans are (with certain exceptions) subject to mandatory prepayment upon the occurrence of certain events. There were no mandatory prepayments owed for the period ended March 31, 2010. Voluntary prepayment of the term loans is generally permitted at any time without fee upon proper notice and subject to a minimum dollar requirement. Commitment reductions of the Revolving Loan are also permitted at any time without fee upon proper notice. The Revolving Loan has no scheduled principal payments, but it will be due and payable in full on January 18, 2012.

Principal maturities of long-term debt at March 31, 2010 for the next five years are as follows (in millions):


2010 remainder	$	182.3
2011		179.7
2012		1,920.0
2013		8.1
2014		765.7

Total	$	3,055.8	(1)


(1)		Principal maturities do not take into account $3.3 million fair value discount recorded for Metavante Term Loan.

The Company also has an agreement to sell certain of its accounts receivable (the “AR Facility”) to a wholly-owned special purpose accounts receivable and financing entity, which funds its purchases, in part, by selling interests to a syndicate of financial institution purchasers in exchange for capital funding. At March 31, 2010, there was no outstanding capital under the AR Facility.

As of March 31, 2010, one financial institution that was a lender under one of our credit facilities had failed, thereby reducing the amount of revolving capacity available to us under our Revolving Loan by an immaterial amount. No other financial institutions that are lenders under any of our credit facilities have failed to date. We continue to monitor the financial stability of our counterparties on an ongoing basis. The lender commitments under the undrawn portions of the Revolving Loan and the AR Facility are comprised of a diversified set of financial institutions, both domestic and international. The combined commitments of our top 10 lenders comprise about 67% of our Revolving Loan and AR Facility. The failure of any single lender to perform their obligations under the Revolving Loan and/or the AR Facility would not adversely impact our ability to fund operations. If the single largest lender were to simultaneously default under the terms of both the FIS Credit Agreement (impacting the capacity of the Revolving Loan) and the AR Facility, the maximum loss of available capacity on the undrawn portion of these agreements would be about $122.2 million. As of March 31, 2010, the combined undrawn capacity of the Revolving Loan and the AR Facility was $700.0 million.

Total debt issuance costs of $5.0 million are capitalized as of March 31, 2010 related to all of the above credit facilities.

As of March 31, 2010, 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):


					Bank Pays	FIS pays
Effective Date	Termination Date	Notional Amount			Variable Rate of	Fixed Rate of
April 11, 2007	April 11, 2010	$	850.0		1 Month Libor (4)		4.92	%(5)
April 11, 2010	April 11, 2011		200.0		1 Month Libor (4)		0.76	%(5)
October 20, 2009	April 20, 2011		700.0		1 Month Libor (4)		0.99	%(5)
February 1, 2010	May 1, 2011		250.0		1 Month Libor (4)		0.75	%(5)
February 1, 2010	May 1, 2011		150.0		1 Month Libor (4)		0.74	%(5)
December 11, 2009	June 13, 2011		200.0		1 Month Libor (4)		0.91	%(5)
February 1, 2008	February 1, 2012		400.0	(1)	3 Month Libor (2)		3.87	%(3)
February 1, 2008	February 1, 2012		200.0		3 Month Libor (2)		3.44	%(3)

		$	2,950.0


(1)		Notional value amortized from $600.0 million to $400.0 million on February 1, 2010 and will amortize from $400.0 million to $200.0 million on February 1, 2011.

(2)		0.29% in effect at March 31, 2010.

(3)		In addition to the fixed rates paid under the swaps, we currently pay an applicable margin of 3.25%. These swaps were acquired in the Metavante Acquisition. While the payments are fixed, interest expense associated with these swaps is recorded based on the floating rate curve established as of the acquisition date.

(4)		0.25% in effect at March 31, 2010.

(5)		In addition to the fixed rates paid under the swaps, we currently pay an applicable margin to our bank lenders on the Term Loan A of 0.75%, Term Loan C of 4.25% and the Revolving Loan of 0.60% (plus a facility fee of 0.15%) as of March 31, 2010.

We have designated these interest rate swaps as cash flow hedges. A portion of the amount included in accumulated other comprehensive earnings within the Consolidated Statement of Equity and 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 and the credit risk of the counterparties when determining the fair value of our interest rate swaps.

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

Liability Derivatives

March 31, 2010

December 31, 2009

Fair

Balance Sheet Location

Value

Balance Sheet Location

Value

Interest rate swap contracts

Accounts payable and accrued liabilities

3.5

Accounts payable and accrued liabilities

13.4

Interest rate swap contracts

Other long-term liabilities

34.3

Other long-term liabilities

31.1

Total derivatives designated as hedging instruments

37.8

44.5

As part of the Metavante Acquisition, the Company assumed interest rate swap liabilities with a fair value at October 1, 2009 of $45.1 million. During the 2009 fourth quarter, the Company terminated swaps for $10.0 million resulting in net acquired swap liabilities of $35.1 million. The fair value of the remaining acquired swaps was $28.5 million on March 31, 2010.

A summary of the effect of derivative instruments on the Company’s Consolidated Statements of Earnings and recognized in Other Comprehensive Earnings (“OCE”) for the three months ended March 31, 2010 and 2009 are as follows (in millions):


	Amount of Gain (Loss)
Derivatives in Cash	Recognized in OCE on Derivative
Flow Hedging Relationships	2010			2009
Interest rate swap contracts	$	(16.7	)	$	(6.7	)


	Amount of Gain (Loss) Reclassified
Location of Loss Reclassified	from Accumulated OCE into Income
from Accumulated OCE into Income	2010			2009
Interest expense	$	(12.2	)	$	(21.5	)

Approximately $6.5 million of the balance in Accumulated OCE at March 31, 2010 is expected to be reclassified into income over the next twelve months.

Our existing cash flow hedges are highly effective and there was no 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 March 31, 2010, 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 forecasted transactions remain probable of occurring.

Our foreign exchange risk management policy permits the use of derivative instruments, such as forward contracts and options, to reduce volatility in our results of operations and/or cash flows resulting from foreign exchange rate fluctuations. Our international operations’ revenues and expenses are generally denominated in local currency which limits the economic exposure to foreign exchange risk in those jurisdictions. We do not enter into foreign currency derivative instruments for trading purposes. At March 31, 2010, we had no foreign currency derivative instruments outstanding.

Commitments and Contingencies

3 Months Ended

Mar. 31, 2010

Commitments and Contingencies [Abstract]

Commitments and Contingencies

(9) 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 Metavante Merger

During the second quarter of 2009, a putative class action complaint was filed by a purported Metavante shareholder against Metavante, its directors, certain officers, and FIS. The complaint alleged that the Metavante directors and officers breached fiduciary duties to the Metavante shareholders and that Metavante and FIS aided and abetted such breaches. The complaint sought to enjoin the proposed merger transaction, preliminarily and permanently, and also sought unspecified money damages, attorneys’ fees, and class certification. An amended complaint was subsequently filed adding an additional plaintiff, but it was 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. A second putative class action containing similar allegations was also filed in the second quarter of 2009 by another purported Metavante shareholder against Metavante and its directors and certain officers. This complaint sought to enjoin the merger transaction, preliminarily and permanently, and also sought 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. The two cases were consolidated into a single action in the second quarter of 2009 as In re Metavante Technologies, Inc. Shareholder Litigation, No. 09CV5325. The parties signed a Memorandum of Understanding settling the litigation during the third quarter of 2009 that was subject to court approval. The parties have stayed all litigation and the court has executed a protective order to permit confirmatory discovery to take place. The court approved the terms of the settlement in March 2010 and issued a decision approving a fee award in April 2010. Plaintiffs have been instructed to submit a final order to the court approving the settlement and fee award, at which time the case will be dismissed with prejudice. The settlement is not material to the Company.

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 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 Biometric 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. The Biometric plaintiffs appealed and after several extensions, arguments on appeal were heard on November 4, 2009. In the Acxiom case, ChexSystems filed a motion to dismiss or in the alternative, 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 Acxiom plaintiffs moved the court to amend the dismissal to exclude defendants that were parties to the Florida settlement, and that motion was granted. In the fourth quarter of 2008, the Court in the ChexSystems case dismissed with prejudice all claims of the plaintiffs who were not also plaintiffs in the Florida case, against ChexSystems and the other defendants. The plaintiffs appealed the dismissal order, but excluded ChexSystems and the other settling defendants from the appeal. The Florida case was dismissed without prejudice during the fourth quarter of 2009. After final resolution of the Florida case, the parties in the Acxiom case stipulated to a dismissal of ChexSystems and the other defendants from this action, and the Court issued its final order of dismissal without prejudice. The time for appeals has now expired. In the Biometric case, the parties are still waiting for the appellate court’s decision.

Searcy, Gladys v. eFunds Corporation

This is a nationwide putative class action that was originally filed against eFunds Corporation, a wholly-owned subsidiary of FIS (“eFunds”), 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 seeks damages for an alleged 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 answered the complaint and is vigorously defending the matter. Plaintiff filed a motion for class certification which was granted with respect to two subclasses during the first quarter of 2010. The motion was denied with respect to all other subclasses. The Company filed a motion for reconsideration. The motion was granted and the two subclasses were decertified. The plaintiff also filed a motion to amend her complaint to add an additional plaintiff to the lawsuit. The court granted the motion. Discovery regarding the new plaintiff is ongoing.

In re Lehman Bros. Holdings et al.

This is an action filed against Metavante Corporation by Lehman Brothers Special Financing, Inc., as debtor and debtor in possession, together with Lehman Brothers Holding Inc. and its affiliated debtors (collectively, “Lehman”) in the U.S. Bankruptcy Court of the Southern District of New York during the second quarter of 2009. The action seeks performance under an interest rate swap agreement and enforcement of the automatic bankruptcy stay. Lehman alleges that Metavante owed through the third quarter of 2009: (a) reset payments totaling approximately $11.1 million; and (b) $0.7 million in default interest. The bankruptcy court ordered Metavante to make these payments, which Metavante appealed during the fourth quarter of 2009. In March 2010, FIS and Lehman reached a settlement agreement that was approved by the bankruptcy court in April 2010. The terms of the settlement agreement did not have a material impact on our results of operations, financial position or cash flows.

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 significant 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 significant costs have been incurred related to software warranties and no accruals for warranty costs have been made.

Other Matters

In March 2010, the Patient Protection and Affordable Care Act and the Health Care and Education act were enacted and signed into law. The new legislation makes extensive changes to the current system of health care insurance and benefits including a provision eliminating the tax deductibility of certain retiree health care costs and prescription drug costs to the extent of federal subsidies received by plan sponsors that provide retiree prescription drug benefits. As the Company does not receive any such federal subsidies, the financial implications of these acts will not have an impact on our financial condition or results of operations.

Segment Information

3 Months Ended

Mar. 31, 2010

Segment Information [Abstract]

Segment Information

(11) Segment Information

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

As of and for the three-months ended March 31, 2010 (in millions):


							Corporate
	FSG		PSG		ISG		and Other			Total
Processing and services revenues	$	443.5	$	618.8	$	195.0	$	(7.7	)	$	1,249.6
Operating expenses		295.8		414.0		178.8		177.2			1,065.8

Operating income	$	147.7	$	204.8	$	16.2	$	(184.9	)		183.8

Other income (expense) unallocated											(33.6	)

Income from continuing operations										$	150.2

Depreciation and amortization	$	37.9	$	24.6	$	15.4	$	74.9		$	152.8

Capital expenditures	$	30.2	$	14.7	$	11.8	$	1.5		$	58.2

Total assets (1)	$	4,875.5	$	4,836.1	$	1,678.3	$	2,443.3		$	13,833.2

Goodwill	$	3,736.8	$	4,026.8	$	457.4	$	—		$	8,221.0


(1)		Total assets at March 31, 2010, exclude $0.8 million related to discontinued operations.

As of and for the three-months ended March 31, 2009 (in millions):


							Corporate
	FSG		PSG		ISG		and Other			Total
Processing and services revenues	$	266.3	$	364.3	$	164.0	$	(0.5	)	$	794.1
Operating expenses		192.7		278.5		149.4		93.7			714.3

Operating income	$	73.6	$	85.8	$	14.6	$	(94.2	)		79.8

Other income (expense) unallocated											(30.0	)

Income from continuing operations										$	49.8

Depreciation and amortization	$	20.5	$	17.9	$	13.0	$	40.5		$	91.9

Capital expenditures	$	24.2	$	7.7	$	9.8	$	2.4		$	44.1

Total assets	$	2,881.7	$	2,220.7	$	1,358.2	$	859.0		$	7,319.6

Goodwill	$	2,096.2	$	1,677.1	$	416.8	$	—		$	4,190.1

Customers in Brazil, Germany and the United Kingdom accounted for the majority of the sales to non-U.S. based customers.

Financial Solutions Group

FSG focuses on serving the processing needs of financial institutions, commercial lenders, finance companies and other businesses. FSG’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. FSG also provides a number of complementary applications and services that interact directly with the core processing applications, including applications that facilitate interactions between FSG’s financial institution customers and their clients. FSG 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. FSG also offers technology solutions, ranging in scope from consulting engagements to application development projects and from operations support for a single application to full management of information technology infrastructures. Outsourced customer service teams, both onshore and offshore, are also provided.

Payment Solutions Group

PSG provides a comprehensive set of software and services for EFT, network, card processing, image, bill payment, government and healthcare solutions for North America. PSG is focused on servicing the payment and electronic funds transfer needs of North American headquartered banks and credit unions, automotive financial companies, commercial lenders, and independent community and savings institutions.

International Solution Group

ISG 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 7). Included in this segment are long-term assets, excluding goodwill and other intangible assets, located outside of the United States totaling $484.5 million and $391.8 million at March 31, 2010 and 2009, respectively. These assets are predominantly located in Germany, Brazil, the United Kingdom and India.

Corporate and Other

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

Unless stated otherwise or the context otherwise requires, all references to “FIS,” “we,” the “Company” or the “registrant” are to Fidelity National Information Services, Inc., a Georgia corporation and all references to “Metavante” are to Metavante Technologies, Inc., and its subsidiaries, as acquired by FIS on October 1, 2009.

Basis of Presentation	3 Months Ended
Basis of Presentation	Mar. 31, 2010
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 for the year ended December 31, 2009. The preparation of these Condensed 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 Condensed 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 2009 Condensed Consolidated Financial Statements to conform to the classifications used in 2010. We report the results of our operations in four reporting segments: 1) Financial Solutions Group (“FSG”), 2) Payment Solutions Group (“PSG”), 3) International Solutions Group (“ISG”) and 4) Corporate and Other (Note 11).

Brazilian Venture	3 Months Ended
Brazilian Venture	Mar. 31, 2010
Brazilian Venture [Abstract]
Brazilian Venture	(7) Brazilian Venture In March 2006, we entered into an agreement with ABN AMRO Real (“ABN”) and Banco Bradesco S.A. (“ Banco Bradesco”) to form a venture to provide comprehensive, fully outsourced card processing and call center services to Brazilian card issuers. During the third quarter of 2008, Banco Santander Spain (“Banco Santander”) acquired majority control of ABN. Since then, Banco Santander publicly stated its intention to consolidate all Brazilian card processing operations onto its own in-house technology platform, and notified the Brazilian Venture during 2009 of its desire to exit the relationship. In late January 2010, Banco Santander ceased processing its card portfolio on the Brazilian Venture’s systems. We are presently negotiating Banco Santander’s exit from the Brazilian Venture, including an applicable termination payment, ongoing call center services, forgiveness of notes payable by FIS upon final migration of the card portfolios of Banco Santander and Banco Bradesco, and waiver of our put agreement, the terms of which must be approved by Banco Bradesco. We received a partial settlement payment of approximately $34.5 million during the first quarter which has been recorded as a deferred liability, pending final resolution of the negotiations and agreement by all parties. The Brazilian Venture currently processes approximately 12.9 million cards for Banco Bradesco and provides call center, cardholder support and collection services for all of Banco Bradesco’s card portfolios. As a result of the exit of Banco Santander from the Brazilian Venture, Banco Bradesco and the Company are renegotiating their business relationship under the Brazilian Venture.

Share Repurchase Program	3 Months Ended
Share Repurchase Program	Mar. 31, 2010
Share Repurchase Program [Abstract]
Share Repurchase Program	(10) Share Repurchase Program On February 4, 2010 our Board of Directors approved a plan authorizing repurchases of up to 15.0 million shares of our common stock in the open market, at prevailing market prices or in privately negotiated transactions, through January 31, 2013. We repurchased 1.4 million shares of our common stock for $32.2 million, at an average price of $22.97 through March 31, 2010.

Condensed Consolidated Statement of Equity and Comprehensive Earnings (Parenthetical) (Unaudited)	3 Months Ended
	Mar. 31, 2010 $ / shares
Statement [Line Items]
Cash dividends paid per share	$ 0.05
Retained Earnings
Statement [Line Items]
Cash dividends paid per share	0.05
Noncontrolling Interest
Statement [Line Items]
Cash dividends paid per share	$ 0.05