For the year ending 2025-12-31, FIS had -$1,347M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net earnings (loss) | 385 | - | -6,647 | -16,708 |
| Net earnings (loss) from continuing operations | 385 | 790 | - | - |
| Depreciation and amortization | 1,883 | 1,737 | 2,675 | 3,846 |
| Amortization of debt issuance costs | 37 | 20 | 29 | 31 |
| Asset impairments | 18 | 52 | 6,957 | 17,709 |
| Loss (gain) on sale of businesses, investments and other | - | - | - | 53 |
| Loss on assets held for sale | - | - | -1,909 | - |
| Loss on extinguishment of debt | 0 | -174 | 0 | 0 |
| Loss (gain) on sale of businesses, investments and other | -119 | -62 | -97 | - |
| Stock-based compensation | 181 | 186 | 154 | 215 |
| Loss from equity method investment | -526 | -145 | - | - |
| Deferred income taxes | -31 | -204 | -705 | -544 |
| Trade and other receivables | 246 | 94 | -124 | 155 |
| Receivable from related party | -44 | 84 | - | - |
| Settlement activity | -14 | -2 | -151 | -287 |
| Prepaid expenses and other assets | 135 | 205 | 198 | 319 |
| Deferred contract costs | 469 | 509 | 480 | 479 |
| Deferred revenue | 64 | 31 | 32 | 21 |
| Accounts payable, accrued liabilities, and other liabilities | 218 | 72 | 237 | 88 |
| Net cash provided by operating activities | - | - | 4,335 | 3,939 |
| Net cash provided by operating activities from continuing operations | 2,608 | 2,175 | - | - |
| Additions to property and equipment | 154 | 97 | 142 | 268 |
| Additions to software | 835 | 720 | 980 | 1,122 |
| Acquisitions, net of cash acquired | 573 | 514 | 202 | 0 |
| Net proceeds from sale of businesses and investments | 0 | 12,833 | - | - |
| Cash divested from sale of business | 1,417 | 3,150 | - | - |
| Net proceeds from sale of businesses and investments | - | - | 45 | 50 |
| Settlement of net investment hedge cross-currency interest rate swaps | 0 | 8 | 20 | -726 |
| Coupon payments on interest rate swaps | 112 | 122 | - | - |
| Proceeds from sale of visa preferred stock | - | - | 0 | 269 |
| Distributions from equity method investments | 147 | - | - | - |
| Other investing activities, net | 98 | 44 | 53 | 28 |
| Net cash provided by (used in) investing activities | -3,042 | 8,178 | -1,352 | -373 |
| Borrowings | 55,428 | 25,430 | 93,119 | 75,335 |
| Repayment of borrowings and other financing arrangements | 54,348 | 33,175 | 94,513 | 74,410 |
| Debt issuance costs | 30 | 6 | 3 | 23 |
| Net proceeds from stock issued under stock-based compensation plans | 8 | 3 | 41 | 57 |
| Treasury stock activity | 1,425 | 4,045 | 522 | 1,938 |
| Dividends paid | - | 800 | 1,231 | 1,138 |
| Payments on contingent value rights | - | - | 0 | 245 |
| Payments on tax receivable agreement | - | - | 197 | 185 |
| Dividends paid | 847 | - | - | - |
| Purchase of noncontrolling interest | 0 | 0 | 173 | - |
| Other financing activities, net | 35 | 43 | -14 | -26 |
| Net cash provided by (used in) financing activities | -1,179 | -12,550 | - | - |
| Net cash provided by (used in) operating activities | 208 | -104 | - | - |
| Net cash provided by (used in) investing activities | 0 | -39 | - | - |
| Net cash provided by (used in) financing activities | 0 | -65 | -3,493 | -2,573 |
| Net cash provided by (used in) discontinued operations | 208 | -208 | - | - |
| Effect of foreign currency exchange rate changes on cash from continuing operations | 58 | -31 | 111 | -463 |
| Effect of foreign currency exchange rate changes on cash from discontinued operations | 0 | -32 | - | - |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -1,347 | -2,468 | -399 | 530 |
| Cash, cash equivalents and restricted cash, beginning of year | 1,946 | 4,414 | 4,813 | 4,283 |
| Cash, cash equivalents and restricted cash, end of year | 599 | 1,946 | 4,414 | 4,813 |
Fidelity National Information Services, Inc. (FIS)
Fidelity National Information Services, Inc. (FIS)