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SUPPLEMENTAL CASH FLOW & OTHER DATA
9 Months Ended
Sep. 30, 2024
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 nine months ended September 30, 2024 and 2023 was as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Depreciation expense$93 $84 $268 $249 
Amortization expense32 27 90 81 
Depreciation and amortization expense$125 $111 $358 $330 
Interest expense$(58)$(41)$(154)$(117)
Interest income18 
Interest expense, net$(49)$(40)$(136)$(112)
Interest paid$62 $17 $167 $97 
Income taxes paid$61 $99 $179 $233 
Accounts payable associated with capital expenditures$35 $27 $35 $27 
Dividends payable$84 $81 $84 $81 
Businesses acquired:    
Fair value of assets acquired$1,725 $$2,014 $736 
Fair value of liabilities assumed142 — 183 36 
Fair value of net assets acquired1,583 1,831 700 
Merger consideration payable— — — (88)
Cash paid for business acquisitions1,583 1,831 612 
Less: Cash acquired50 — 50 
Business acquisitions, net of cash acquired$1,533 $$1,781 $611 
Leases:
Leased assets obtained in exchange for new operating lease liabilities$33 $42 $120 $143 
    During the nine months ended September 30, 2024 and 2023, other financing activities, net in the Company's consolidated statement of cash flows included changes in bank overdrafts, which are generally settled in cash in the short term, of $(22) million and $15 million, respectively.