v3.25.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Cash flows from operating activities:              
Net income $ 93 $ 35 $ 69 $ 45 $ 205 $ 183  
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation 21   21   63 60  
Amortization 60   56   179 161  
Restructuring charges, net of cash paid         (6) (15)  
Deferred taxes         2 1  
Share-based compensation expense         31 26  
Profit-sharing expense         23 20  
Non-cash lease expense         82 73  
Net periodic pension cost         17 20  
Other, net         (1) (22)  
Changes in operating assets and liabilities, net of effects of acquisitions:              
Accounts receivable         (58) 101  
Contract assets         (112) (95)  
Inventories         2 1  
Prepaid expenses and other current assets         (41) (28)  
Accounts payable         18 (34)  
Accrued liabilities and income taxes payable         (1) (44)  
Contract liabilities         67 18  
Other assets and liabilities         (93) (89)  
Net cash provided by operating activities         377 337  
Cash flows from investing activities:              
Acquisitions, net of cash acquired         (174) (647)  
Purchases of property and equipment         (70) (66)  
Proceeds from sales of property and equipment         13 33  
Net cash used in investing activities         (231) (680)  
Cash flows from financing activities:              
Proceeds from long-term borrowings         0 850  
Payments on long-term borrowings         (5) (335)  
Repurchases of common stock         (75) 0  
Proceeds from issuance of common shares         0 458  
Conversion of Series B Preferred Stock         0 (600)  
Payments of acquisition-related consideration         (16) (7)  
Restricted shares tendered for taxes         (20) (12)  
Other financing activities         0 (6)  
Net cash (used in) provided by financing activities         (116) 348  
Effect of foreign currency exchange rate change on cash, cash equivalents, and restricted cash         25 4  
Net increase in cash, cash equivalents, and restricted cash         55 9  
Cash, cash equivalents, and restricted cash, beginning of period   $ 501   $ 480 501 480 $ 480
Cash, cash equivalents, and restricted cash, end of period $ 556   $ 489   556 489 $ 501
Supplemental cash flow disclosures:              
Cash paid for interest, net of interest income         105 114  
Cash paid for income taxes, net of refunds         92 66  
Accrued consideration issued in business combinations         31 21  
Shares of common stock issued to profit sharing plan         24 18  
Shares of common stock issued for conversion of Series B Preferred Stock         $ 0 $ 569