v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,745 $ 1,666
Restricted cash 0 0
Short-term investments 56 20
Accounts receivable, net of allowance for doubtful accounts: 2025- $50 ; 2024 - $44 3,441 2,867
Prepaid and other current assets 858 906
Assets held for sale 196 0
Total current assets 6,296 5,459
Property and equipment:    
Buildings and leasehold improvements 444 433
Equipment and furniture 695 655
Total property and equipment 1,139 1,088
Less: accumulated depreciation (861) (823)
Property and equipment, net 278 265
Right of use assets 413 413
Goodwill 36,475 34,917
Other intangible assets, net 16,271 16,556
Equity investments in unconsolidated subsidiaries 603 1,774
Asset for pension benefits 254 246
Other non-current assets 610 591
Total Assets 61,200 60,221
Current liabilities:    
Accounts payable 610 553
Accrued compensation and contributions to retirement plans 988 1,073
Short-term debt 718 4
Income taxes currently payable 180 199
Unearned revenue 4,088 3,694
Other current liabilities 1,010 869
Liabilities held for sale 43 0
Total current liabilities 7,637 6,392
Long-term debt 12,370 11,394
Lease liabilities – non-current 494 535
Pension and other postretirement benefits 178 180
Deferred tax liability – non-current 3,262 3,397
Other non-current liabilities 1,107 815
Total liabilities 25,048 22,713
Redeemable noncontrolling interests 4,917 4,252
Commitments and contingencies (Note 13)
Equity:    
Common stock, $1 par value: authorized - 600 million shares; issued: 415 million shares in 2025 and 2024 415 415
Additional paid-in capital 44,117 44,321
Retained income 23,666 20,977
Accumulated other comprehensive loss (697) (883)
Less: common stock in treasury - at cost: 2025 - 109 million shares; 2024 - 100 million shares (36,374) (31,671)
Total equity – controlling interests 31,127 33,159
Total equity – noncontrolling interests 108 97
Total equity 31,235 33,256
Total liabilities and equity $ 61,200 $ 60,221