Additionally, our expectation for our Russia business is further tempered from our last quarterly update as a result of the challenging economic environment there. As usual, these cash earnings per share expectations only reflect share repurchases that we have completed prior to this call. By way of update, during our Q4 Fiscal 2014 Earnings Call, we made reference to the June 2014 acquisition of one of our largest US sales partners. At that time, we noted that our Fiscal 2015 expectations assumed no change in the nature of our relationship with this customer resulting from the transaction. We have recently amended our agreements with this partner and can confirm that this transaction will not have any impact on our Fiscal 2015 expectations for GAAP revenue, operating income or total company cash earnings per share. In addition, we do not expect any meaningful migration associated with this partner during Calendar 2015. We currently have approximately $875 million of capacity to fund future initiatives, including approximately $650 million of availability on our corporate credit facility.
As a reminder, we expect the FIS transaction to close toward the end of our Fiscal 2015 and we intend to fund this acquisition from operating cash flows and do not expect it to have an impact on our near term capital allocation plans or facility availability. Lastly, our Board has approved an increase in our share repurchase authorization to $300 million in the aggregate further demonstrating our ongoing commitment to prudent capital management on behalf of our shareholders. I will now turn the call back over to Jeff.
Jeffrey S. Sloan
Thanks Cameron. This is yet another quarter of transparent, consistent execution of our strategy to grow and control direct distribution, deliver innovative products and services, and leverage our worldwide technological and operational advantages. We are delighted to again raise guidance. Finally, we remain committed to driving sustainable growth in our markets and are dedicated to creating value for our shareholders, partners, customers and employees. Now I’ll turn the call over to Jane.
Jane Marie Elliott
Thanks. Before we begin the question and answer session, I’d like to ask everyone to limit their questions to one with one follow up in order to accommodate everyone in the queue.
Operator
Thank you. Ladies and gentlemen, if you have a question at this time, please press the star — the number one key — on your touch tone telephone. If your question has been answered or you wish to remove yourself in queue, please press the pound key. Our first question is from Dave Koning of Robert W. Baird and Company. You may begin. Thank you and operator, we would now go to questions.
David J. Koning, Senior Research Analyst, BPO, Robert W. Baird and Company
Can you hear me?
Jeffrey S. Sloan
Yeah, Dave, we can.
David J. Koning
Alright, great, okay so, I guess first question, just on Spain. Is there any way to isolate either the revenue or EBIT impact or in rough terms because international was so strong and just wondering how much of that bit really was isolated to the Spain pricing movement?
Jeffrey S. Sloan
Hey, Dave, it’s Jeff. I’ll start and Cameron will add to this. I would say, and we try to say in our prepared remarks is, while we’re not going to break out the changes from growth in the core business versus interchange, we did say in our prepared remarks that we had 13% transactional growth in Spain in the quarter. So I think it’s fair to assume at a minimum that we would have had double-digit local currency growth in Spain notwithstanding any changes to interchange and I think that’s how we think about it, Dave.
