Noncurrent liabilities held for sale

[Table of Contents](#i754bc30884284e56b9b1a914458fa36e_7)GLOBAL PAYMENTS INC.CONSOLIDATED BALANCE SHEETS(in thousands, except share data)

|  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |
|  | September 30, 2022 |  | December 31, 2021 |
|  | (Unaudited) |  |  |
| ASSETS |   |  |   |
| Current assets: |   |  |   |
| Cash and cash equivalents | $ | 1,993,840  |  |  | $ | 1,979,308  |  |
| Accounts receivable, net | 998,231  |  |  | 946,247  |  |
| Settlement processing assets | 1,740,844  |  |  | 1,143,539  |  |
| Current assets held for sale | 93,740  |  |  | 4,779  |  |
| Prepaid expenses and other current assets | 626,697  |  |  | 637,112  |  |
| Total current assets | 5,453,352  |  |  | 4,710,985  |  |
| Goodwill | 23,421,031  |  |  | 24,813,274  |  |
| Other intangible assets, net | 9,907,884  |  |  | 11,633,709  |  |
| Property and equipment, net | 1,759,235  |  |  | 1,687,586  |  |
| Deferred income taxes | 25,657  |  |  | 12,117  |  |
| Noncurrent assets held for sale | 1,038,806  |  |  | —  |  |
| Other noncurrent assets | 2,332,784  |  |  | 2,422,042  |  |
| Total assets | $ | 43,938,749  |  |  | $ | 45,279,713  |  |
| LIABILITIES AND EQUITY |  |  |  |
| Current liabilities: |  |  |  |
| Settlement lines of credit | $ | 440,950  |  |  | $ | 484,202  |  |
| Current portion of long-term debt | 1,157,811  |  |  | 78,505  |  |
| Accounts payable and accrued liabilities | 2,207,551  |  |  | 2,542,256  |  |
| Settlement processing obligations | 1,795,140  |  |  | 1,358,051  |  |
| Current liabilities held for sale | 75,233  |  |  | —  |  |
| Total current liabilities | 5,676,685  |  |  | 4,463,014  |  |
| Long-term debt | 12,289,826  |  |  | 11,414,809  |  |
| Deferred income taxes | 2,439,657  |  |  | 2,793,427  |  |
| Noncurrent liabilities held for sale | 4,494  |  |  | —  |  |
| Other noncurrent liabilities | 655,132  |  |  | 739,046  |  |
| Total liabilities | 21,065,794  |  |  | 19,410,296  |  |
| Commitments and contingencies |  |  |  |
| Equity: |  |  |  |
| Preferred stock, no par value; 5,000,000 shares authorized and none issued | —  |  |  | —  |  |
| Common stock, no par value; 400,000,000 shares authorized at September 30, 2022 and December 31, 2021; 270,307,707 issued and outstanding at September 30, 2022 and 284,750,452 issued and outstanding at December 31, 2021 | —  |  |  | —  |  |
| Paid-in capital | 20,717,133  |  |  | 22,880,261  |  |
| Retained earnings | 2,547,947  |  |  | 2,982,122  |  |
| Accumulated other comprehensive loss | (604,501) |  |  | (234,182) |  |
| Total Global Payments shareholders’ equity | 22,660,579  |  |  | 25,628,201  |  |
| Noncontrolling interests | 212,376  |  |  | 241,216  |  |
| Total equity | 22,872,955  |  |  | 25,869,417  |  |
| Total liabilities and equity | $ | 43,938,749  |  |  | $ | 45,279,713  |  |

  
See Notes to Unaudited Consolidated Financial Statements. 6
