Accrued expenses and other current liabilities consist of: | | | | | | | | | | | | | | | | (in $ millions) | | March 31, 2026 | | December 31, 2025 | | Accrued payroll and related costs | | $ | 217 | | | $ | 212 | | | Accrued operating expenses | | 174 | | | 150 | | | Client deposits | | 125 | | | 144 | | Accrued restructuring costs (see note 6) | | 69 | | | 35 | | Income tax payable | | 46 | | | 69 | | Indemnification liability (see note 8) | | 25 | | | 31 | | | Deferred revenue | | 32 | | | 23 | | | Accrued interest payable | | 21 | | | 26 | | | Value added and similar taxes payable | | 22 | | | 16 | | Held for sale liabilities | | 14 | | | 11 | | Other | | 36 | | | 40 | | | Accrued expenses and other current liabilities | | $ | 781 | | | $ | 757 | |
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