v3.26.3
Segments (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Reconciliation of Revenues and Income from Segments to Consolidated
The Company’s reportable segment information is presented below:
Three Months Ended September 30,Nine Months Ended September 30,
(in millions)2026202520262025
Revenues
Commercial Solutions$1,789 $1,673 $5,336 $4,896 
Research & Development Solutions2,639 2,427 7,611 7,050 
Total revenues4,428 4,100 12,947 11,946 
Cost of revenues, exclusive of depreciation and amortization
Commercial Solutions1,119 1,065 3,372 3,087 
Research & Development Solutions1,811 1,662 5,287 4,865 
Total cost of revenues, exclusive of depreciation and amortization2,930 2,727 8,659 7,952 
Selling, general and administrative expenses
Commercial Solutions260 251 754 718 
Research & Development Solutions257 243 755 714 
Total selling, general and administrative expenses reportable segments517 494 1,509 1,432 
Segment profit
Commercial Solutions410 357 1,210 1,091 
Research & Development Solutions571 522 1,569 1,471 
Total segment profit981 879 2,779 2,562 
General corporate and unallocated expenses(52)(20)(136)(99)
Depreciation and amortization(321)(286)(901)(827)
Restructuring costs(36)(20)(150)(81)
Total income from operations572 553 1,592 1,555 
Interest income(12)(13)(29)(34)
Interest expense203 189 592 536 
Loss on extinguishment of debt— — 3 4 
Other (income) expense, net(5)(31)11 (5)
Income before income taxes and equity in earnings (losses) of unconsolidated affiliates$386 $408 $1,015 $1,054