v3.26.3
Other Financial Data
 9 Months Ended
Sep. 30, 2026
Other Financial Data [Abstract]  
Other Financial Data Other Financial Data
Condensed Consolidated Statements of Income Information
Other Income (Expense)
Other income (expense) consists of the following (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Gain from sales of businesses (1)
— 1 20 1 
Equity earnings2 4 — 5 
Pension and other postretirement(15)(21)(45)(65)
Foreign currency remeasurement(6)11 6 (43)
Financial instruments and other (2)
4 (8)(8)135 
Total
$(15)$(13)$(27)$33 
(1)During the nine months ended September 30, 2026, an additional $20 million gain was recognized associated with revisions to the final closing statement related to the disposal of the NFP Wealth business completed in the fourth quarter of 2025. The entirety of the gain was recognized in the first quarter of 2026. Refer to Note 7 “Acquisitions and Dispositions of Businesses” for further information surrounding this disposal.
(2)During the nine months ended September 30, 2025, a gain of $108 million was recognized, which was all recognized in the first six months of 2025. These gains related to deferred consideration from the affiliates of The Blackstone Group L.P. and the other designated purchasers related to a divestiture completed in a prior-year period.
Allowance for Doubtful Accounts
Changes in the net carrying amount of allowance for doubtful accounts are as follows (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Balance at beginning of period$82 $79 $74 $75 
Provision5 4 18 10 
Accounts written off, net of recoveries(4)(9)(8)(15)
Foreign currency translation and other— — (1)4 
Balance at end of period$83 $74 $83 $74 
Other Current Assets
The components of Other current assets are as follows (in millions):
As ofSeptember 30,
2026		December 31,
2025
Costs to fulfill contracts with customers (1)
$352 $450 
Prepaid expenses187 136 
Taxes receivable136 102 
Other229 190 
Total$904 $878 
(1)Refer to Note 3 “Revenue from Contracts with Customers” for further information.
Other Non-Current Assets
The components of Other non-current assets are as follows (in millions):
As of September 30,
2026		December 31,
2025
Costs to obtain contracts with customers (1)
$215 $208 
Investments198 192 
Taxes receivable102 82 
Other317 274 
Total$832 $756 
(1)Refer to Note 3 “Revenue from Contracts with Customers” for further information.
Other Current Liabilities
The components of Other current liabilities are as follows (in millions):
As ofSeptember 30,
2026		December 31,
2025
Deferred revenue (1)
$262 $259 
Leases176 181 
Taxes payable239 309 
Contingent consideration45 28 
Other1,301 1,110 
Total
$2,023 $1,887 
(1)During the three and nine months ended September 30, 2026, revenue of $164 million and $551 million, respectively, was recognized in the Condensed Consolidated Statements of Income that was previously deferred. During the three and nine months ended September 30, 2025, revenue of $258 million and $724 million, respectively, was recognized in the Condensed Consolidated Statements of Income that was previously deferred.
Other Non-Current Liabilities
The components of Other non-current liabilities are as follows (in millions):
As ofSeptember 30,
2026		December 31,
2025
Taxes payable $1,085 $1,014 
Contingent consideration120 99 
Compensation and benefits47 60 
Deferred revenue26 30 
Other98 82 
Total
$1,376 $1,285