FIS · 8-K · 20260804PR000046
Liquidity and Debt Position
Fidelity National Information Services, Inc. · 2026-08-04 · Importance 89 · Surprise 82 · From source text
Debt outstanding totaled $21.2 billion as of June 30, 2026, including $4.226 billion of short-term borrowings, $1.516 billion of current long-term debt and $15.432 billion of long-term debt. Total debt increased from $13.082 billion at December 31, 2025, reflecting financing associated with the Total Issuing Solutions acquisition. Cash and cash equivalents increased to $744 million from $599 million at year-end 2025. FIS is prioritizing deleveraging by pausing tuck-in acquisitions and temporarily curtailing repurchases after the acquisition.
Key facts
- The Company expects to resume meaningful share repurchases once it has achieved its target gross leverage of approximately 2.8x. source
- Borrowings in the six months ended June 30, 2026 were $62,297 million and repayment of borrowings was $54,186 million. source
- As of June 30, 2026, debt outstanding totaled $21.2 billion. source
- As of June 30, 2026 total assets were $44,106 million compared to $33,488 million as of December 31, 2025. source
- As of June 30, 2026 total liabilities were $28,065 million compared to $19,586 million as of December 31, 2025. source
- As of June 30, 2026, cash and cash equivalents on the balance sheet were $744 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +24.1% | As of June 30, 2026 total assets were $44,106 million compared to $33,488 million as of December 31, 2025. |
| liability | negative | realized | -19.2% | As of June 30, 2026 total liabilities were $28,065 million compared to $19,586 million as of December 31, 2025. |
| cash | negative | contingent | — | The Company expects to resume meaningful share repurchases once it has achieved its target gross leverage of approximately 2.8x. |
| liability | positive | realized | — | Borrowings in the six months ended June 30, 2026 were $62,297 million and repayment of borrowings was $54,186 million. |
| liability | negative | realized | — | As of June 30, 2026, debt outstanding totaled $21.2 billion. |