v3.25.1
FAIR VALUE MEASUREMENTS (Tables)
 3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Value, Measurement Inputs The following table provides a summary of the recognized assets and liabilities that are measured at fair value on a recurring basis:
Basis of Fair Value Measurements
Quoted Prices in Active Markets for Identical Assets/LiabilitiesSignificant Other Observable InputsSignificant Unobservable Inputs
March 31, 2025TotalLevel 1Level 2Level 3
Assets:    
Deferred compensation trading securities$72 $72 $— $— 
Cash surrender value of life insurance policies62 — 62 — 
Total$134 $72 $62 $— 
Liabilities:    
Deferred compensation liabilities$137 $— $137 $— 
Contingent consideration109 — — 109 
Fixed-to-variable interest rate swaps6 — 6 — 
Total$252 $— $143 $109 
Redeemable noncontrolling interest$81 $— $— $81 
Basis of Fair Value Measurements
December 31, 2024TotalLevel 1Level 2Level 3
Assets:       
Deferred compensation trading securities$72 $72 $— $— 
Cash surrender value of life insurance policies64 — 64 — 
Total$136 $72 $64 $— 
Liabilities:    
Deferred compensation liabilities$140 $— $140 $— 
Contingent consideration106 — — 106 
Fixed-to-variable interest rate swaps34 — 34 — 
Total$280 $— $174 $106 
Redeemable noncontrolling interest$83 $— $— $83 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation The following table provides a reconciliation of the beginning and ending balances of liabilities using significant unobservable inputs (Level 3):
Contingent Consideration
Balance, December 31, 2024
$106 
Total fair value adjustments included in earnings - unrealized3 
Balance, March 31, 2025$109