v3.26.1
Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities (Tables)
6 Months Ended
Jun. 30, 2026
Supplemental Cash Flow Elements [Abstract]  
Summary of Cash Paid for Interest and Income Taxes

Cash paid during the period for interest and income taxes are summarized as follows:

 

 

Six months ended June 30,

 

(in millions)

 

2026

 

 

2025

 

Cash paid during the period for:

 

 

 

 

 

 

Interest

 

$

198

 

 

$

90

 

Income taxes, net of refunds

 

$

150

 

 

$

268

 

Summary of Significant Non-Cash Investing and Financing Activities

Significant non-cash investing and financing activities are summarized as follows:

 

 

Six months ended June 30,

 

(in millions)

 

2026

 

 

2025

 

Other payables issued for acquisitions and purchased customer accounts

 

$

(18

)

 

$

10

 

Estimated acquisition earn-out payables issued for acquisitions

 

$

8

 

 

$

17

 

Assumed acquisition earn-out payables

 

$

27

 

 

$

 

Note receivable recorded in connection with the sale of a business

 

$

25

 

 

$

 

 

Schedule of Reconciliation of Cash and Cash Equivalents and Restricted Cash Inclusive of Fiduciary Cash

The reconciliation of cash, cash equivalents and restricted cash inclusive of fiduciary cash is as follows:

 

 

Balance as of June 30,

 

(in millions)

 

2026

 

 

2025

 

Cash and cash equivalents

 

$

918

 

 

$

8,893

 

Fiduciary cash

 

 

2,613

 

 

 

2,026

 

Restricted cash

 

 

268

 

 

 

 

Total cash, cash equivalents and restricted cash inclusive of fiduciary cash at the end of the period

 

$

3,799

 

 

$

10,919