v3.26.3
Acquisitions and Dispositions of Businesses (Tables)
 9 Months Ended
Sep. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Combination
Total acquisitions completed by the Company for the three and nine months ended September 30, 2026 and 2025 were as follows. Acquisitions that impact multiple segments are categorized by the segment primarily impacted. Individually significant acquisitions are further described.
Three Months Ended September 30,
Nine Months Ended September 30,
2026
2025
2026
2025
Risk Capital
1
1
7
8
Human Capital
—
4
2
6
Total 15914
Schedule of Consideration Transferred and Preliminary Value of Intangible Assets
The following table includes the preliminary fair values of consideration transferred, assets acquired, and liabilities assumed as a result of the Company’s acquisitions completed in 2026 (in millions):
Nine Months Ended
September 30, 2026
Consideration transferred:
Cash$381 
Deferred and contingent consideration56 
Aggregate consideration transferred$437 
Assets acquired:
Goodwill215 
Intangible assets281 
Other assets (1)
82 
Total assets acquired578 
Liabilities assumed:
Total liabilities assumed141 
Net assets acquired$437 
(1)Includes Cash and cash equivalents of $26 million and $28 million, respectively, in funds held on behalf of clients.
Schedule of Disposition Of Business Total dispositions completed by the Company for the three and nine months ended September 30, 2025 are set forth in the table below. Dispositions that impact multiple segments are categorized by the segment primarily impacted.
Three Months Ended September 30, 2025
Nine Months Ended September 30, 2025
Risk Capital
1
1
Human Capital
1
2
Total 23