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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME/(LOSS) $ 877 $ (1,336)
Adjustments to reconcile net income to total net cash from operating activities:    
Depreciation 167 176
Amortization 144 176
Impairment 0 1,042
Non-cash restructuring charges 0 17
Non-cash lease expense 71 76
Net periodic cost/(benefit) of defined benefit pension plans 100 (15)
Provision for doubtful receivables from clients 8 13
Benefit from deferred income taxes (62) (379)
Share-based compensation 104 85
(Gain)/loss on disposal of operations (40) 1,190
Non-cash foreign exchange loss/(gain) 30 (25)
Other, net 34 32
Changes in operating assets and liabilities, net of effects from purchase of subsidiaries:    
Accounts receivable 382 271
Other assets (142) (299)
Other liabilities (689) (159)
Provisions 20 48
Net cash from operating activities 1,004 913
CASH FLOWS FROM/(USED IN) INVESTING ACTIVITIES    
Additions to fixed assets and software (166) (189)
Acquisitions of operations, net of cash acquired (14) (28)
Contributions to investments in associates (16) 0
Net proceeds from sale of operations 870 0
Cash and fiduciary funds transferred in sale of operations (54) 0
Net purchases of held-to-maturity securities (50) 0
Net purchases of available-for-sale securities (40) (13)
Net cash from/(used in) investing activities 530 (230)
CASH FLOWS (USED IN)/FROM FINANCING ACTIVITIES    
Senior notes issued 0 746
Debt issuance costs 0 (9)
Repayments of debt (4) (653)
Repurchase of shares (1,300) (506)
Net proceeds from fiduciary funds held for clients 343 934
Payments of deferred and contingent consideration related to acquisitions (19) (2)
Cash paid for employee taxes on withholding shares (53) (30)
Dividends paid (269) (265)
Acquisitions of and dividends paid to non-controlling interests (9) (10)
Net cash (used in)/from financing activities (1,311) 205
INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH [1] 223 888
Effect of exchange rate changes on cash, cash equivalents and restricted cash 202 32
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD [1] 4,998 3,792
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD [1] $ 5,423 $ 4,712
[1] The amounts of cash, cash equivalents and restricted cash, their respective classification on the condensed consolidated balance sheets as well as their respective portions of the increase or decrease in cash, cash equivalents and restricted cash for each of the periods presented have been included in Note 19 Supplemental Disclosures of Cash Flow Information.