v3.26.1
Segments (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Reconciliation of Revenues and Income from Segments to Consolidated
The Company’s reportable segment information is presented below:
Three Months Ended March 31,
(in millions)20262025
Revenues
Commercial Solutions$1,754 $1,572 
Research & Development Solutions2,397 2,257 
Total revenues4,151 3,829 
Cost of revenues, exclusive of depreciation and amortization
Commercial Solutions1,121 980 
Research & Development Solutions1,675 1,551 
Total cost of revenues, exclusive of depreciation and amortization2,796 2,531 
Selling, general and administrative expenses
Commercial Solutions252 237 
Research & Development Solutions250 230 
Total selling, general and administrative expenses reportable segments502 467 
Segment profit
Commercial Solutions381 355 
Research & Development Solutions472 476 
Total segment profit853 831 
General corporate and unallocated expenses— (41)
Depreciation and amortization(288)(265)
Restructuring costs(51)(29)
Total income from operations514 496 
Interest income(10)(11)
Interest expense192 165 
Loss on extinguishment of debt— 4 
Other expense, net4 15 
Income before income taxes and equity in earnings (losses) of unconsolidated affiliates$328 $323