v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Net income $ 111 $ 78
Adjustments to reconcile net income to cash flows from operating activities:    
Depreciation and amortization 343 330
Stock-based compensation expense 41 35
Sold portion of royalty revenue (18) (4)
Interest on liability for sale of future revenue 29 7
Changes in operating assets and liabilities, net of acquisitions and divestitures (239) (185)
Other non-cash operating activities, net 23 (28)
Net Cash Provided by Operating Activities 290 233
Cash Flows from Investing Activities    
Net purchases of property and equipment and software (84) (122)
Cash paid for acquisitions, net of cash acquired (76) 0
Proceeds from divestitures 0 9
Other investing activities, net (10) (1)
Net Cash Used for Investing Activities (170) (114)
Cash Flows from Financing Activities    
Repayments of long-term borrowings (89) (374)
Proceeds from sale of future revenue, net of transaction costs 0 290
Shares repurchased for employee tax withholdings (35) (14)
Other financing activities, net (15) (6)
Net Cash Used for Financing Activities (139) (104)
Effect of exchange rate changes on cash and cash equivalents 4 56
Net (decrease) increase in cash and cash equivalents (15) 71
Cash and cash equivalents – beginning of period 545 468
Cash and cash equivalents – end of period 530 539
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for new finance lease liability 0 234
Consideration transferred in a business combination 167 0
Revolving Credit Facility    
Cash Flows from Financing Activities    
Proceeds from facility 0 125
Repayments of facility 0 (125)
Securitization Facility    
Cash Flows from Financing Activities    
Proceeds from facility 50 125
Repayments of facility $ (50) $ (125)