SUPPLEMENTAL CASH FLOW & OTHER DATA

6 Months Ended

Jun. 30, 2022

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL CASH FLOW & OTHER DATA

SUPPLEMENTAL CASH FLOW AND OTHER DATA

    Supplemental cash flow and other data for the three and six months ended June 30, 2022 and 2021 was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Depreciation expense	$	80	$	75	$	159	$	149
Amortization expense	27		25		54		52
Depreciation and amortization expense	$	107	$	100	$	213	$	201
Interest expense	$	(38)	$	(38)	$	(75)	$	(76)
Interest income	2		—		2		—
Interest expense, net	$	(36)	$	(38)	$	(73)	$	(76)
Interest paid	$	46	$	46	$	78	$	78
Income taxes paid	$	159	$	328	$	182	$	335
Accounts payable associated with capital expenditures	$	23	$	20	$	23	$	20
Dividends payable	$	77	$	77	$	77	$	77
Businesses acquired:
Fair value of assets acquired	$	1	$	234	$	143	$	234
Fair value of liabilities assumed	—		3		15		3
Fair value of net assets acquired	1		231		128		231
Merger consideration payable	—		—		(18)		—
Cash paid for business acquisitions	1		231		110		231
Less: Cash acquired	—		—		4		—
Business acquisitions, net of cash acquired	$	1	$	231	$	106	$	231
Leases:
Leased assets obtained in exchange for new operating lease liabilities	$	21	$	33	$	84	$	69

    

    During the six months ended June 30, 2022, the Company amended a real estate lease and, based on the updated terms, the classification of the lease changed from a finance lease to an operating lease. As a result, the Company recorded a $31 million operating lease right-of-use asset.