v3.26.1
Consolidated Statement of Cash Flow - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
OPERATING ACTIVITIES        
Earnings from continuing operations $ 444 $ 297 $ 921 $ 722
Adjustments for:        
Depreciation 27 28 55 55
Amortization of software 201 178 394 352
Amortization of other identifiable intangible assets 25 24 49 49
Share of post-tax losses in equity method investments 4 4 11 10
Deferred tax 12 (1) 48 18
Other 1 105 47 169
Changes in working capital and other items 207 107 (98) (186)
Operating cash flows from continuing operations 921 742 1,427 1,189
Operating cash flows from discontinued operations (1) 4 (2) 2
Net cash provided by operating activities 920 746 1,425 1,191
INVESTING ACTIVITIES        
Acquisitions, net of cash acquired (36) (24) (248) (630)
Proceeds related to disposals of businesses and investments, net of taxes 7 5 8 5
Capital expenditures (177) (163) (333) (314)
Other investing activities 0 0 0 1
Net cash used in investing activities (206) (182) (573) (938)
FINANCING ACTIVITIES        
Repayments of debt (500) (999) (500) (999)
Net borrowings under short-term loan facilities 983 0 1,305 0
Payments of lease principal (15) (16) (31) (33)
Payments for return of capital on common shares (605) 0 (605) 0
Repurchases of common shares (100) 0 (362) 0
Other financing activities (24) 1 (35) (10)
Net cash used in financing activities (537) (1,275) (785) (1,563)
Translation adjustments 0 4 (1) 6
Increase (decrease) in cash and cash equivalents 177 (707) 66 (1,304)
Cash and cash equivalents at beginning of period 400 1,371 511 1,968
Cash and cash equivalents at end of period 577 664 577 664
Supplemental cash flow information is provided in note 16.        
Interest paid, net of debt-related hedges (55) (54) (74) (72)
Interest received 7 13 12 32
Income taxes paid (35) (42) (152) (150)
Preference shares [member]        
FINANCING ACTIVITIES        
Dividends paid (1) (1) (2) (2)
Common shares [member]        
FINANCING ACTIVITIES        
Dividends paid $ (275) $ (260) $ (555) $ (519)