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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 4,339.4 $ 4,432.0
Accounts receivable, net of allowance for doubtful accounts of $15.0 and $17.2 9,242.0 8,659.8
Work in process 1,622.2 1,342.5
Other current assets 1,019.4 949.9
Total Current Assets 16,223.0 15,384.2
Property and Equipment at cost, less accumulated depreciation of $1,096.9 and $1,150.4 824.7 874.9
Operating Lease Right-Of-Use Assets 1,043.6 1,046.4
Equity Method Investments 59.0 66.4
Goodwill 10,677.4 10,082.3
Intangible Assets, net of accumulated amortization of $832.4 and $863.6 522.0 366.9
Other Assets 271.0 223.5
TOTAL ASSETS 29,620.7 28,044.6
Current Liabilities:    
Accounts payable 12,484.4 11,634.0
Customer advances 1,336.1 1,356.2
Current portion of debt 0.0 750.5
Short-term debt 21.3 10.9
Taxes payable 402.5 351.6
Other current liabilities 2,056.0 2,142.8
Total Current Liabilities 16,300.3 16,246.0
Long-Term Liabilities 804.2 887.7
Long-Term Liability - Operating Leases 814.2 853.0
Long-Term Debt 6,035.3 4,889.1
Deferred Tax Liabilities 491.8 529.1
Commitments and Contingent Liabilities (Note 20)
Temporary Equity - Redeemable Noncontrolling Interests 429.0 414.6
Shareholders’ Equity:    
Preferred stock, $1.00 par value, 7.5 million shares authorized, none issued 0.0 0.0
Common stock, $0.15 par value, 1.0 billion shares authorized, 297.2 million shares issued, 196.4 million and 198.0 million shares outstanding 44.6 44.6
Additional paid-in capital 472.1 492.0
Retained earnings 11,500.5 10,571.5
Accumulated other comprehensive income (loss) (1,475.9) (1,337.6)
Treasury stock, at cost, 100.8 million and 99.2 million shares (6,347.8) (6,154.2)
Total Shareholders’ Equity 4,193.5 3,616.3
Noncontrolling interests 552.4 608.8
Total Equity 4,745.9 4,225.1
TOTAL LIABILITIES AND EQUITY $ 29,620.7 $ 28,044.6