
	June 30,		December 31,
	2026		2025
	(in millions)
Cash and cash equivalents	$	1,478	$	55
Restricted cash	—		1,034
Assets held for sale	—		3
Total cash and cash equivalents and restricted cash on statement of cash flows	$	1,478	$	1,092

During the six months ended June 30, 2026, we made cash payments for interest of $62 million and cash payments for income taxes of $208 million. As of June 30, 2026, income taxes payable was $127 million, which is reflected in accrued expenses and other current liabilities.

During the six months ended June 30, 2026, we acquired businesses with aggregate purchase consideration of $215 million, which included cash of $170 million and estimated contingent consideration of approximately $46 million, which is presented within accrued expenses and other current liabilities and other noncurrent liabilities in our condensed consolidated balance sheet. The preliminary purchase price allocation resulted in approximately $193 million of non-tax deductible goodwill and $30 million of amortizable intangible assets, subject to finalization of the related valuations. The related financial results have been included in our condensed consolidated financial statements from their respective acquisition dates and did not have a material impact on the Company’s revenue or net income for the three and six months ended June 30, 2026.

During the six months ended June 30, 2026, we completed the sale of our SportsEngine business with an aggregate sale price totaling $143 million, subject to customary adjustments. As of December 31, 2025, the assets and liabilities associated with SportsEngine met the criteria to be classified as held for sale. Assets held for sale were primarily comprised of goodwill of $149 million, property and equipment of $17 million and intangible assets of $14 million. Liabilities held for sale of $18 million were included within other current liabilities in our combined balance sheets. During the three and six months ended June 30, 2026, we recognized pre-tax losses of $20 million and $39 million, respectively, in connection with the divestiture, which were recorded within depreciation and amortization expense in our condensed consolidated statement of operations. As a result of the divestiture, we recognized income tax expense of $31 million, primarily resulting from the differences in the book and tax basis for goodwill, which increased our effective tax rate for the three and six months ended June 30, 2026 by 9.5% and 4.3%, respectively.