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Summary of Significant Accounting Principles and Practices (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Estimated Useful Lives of Assets Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets, which are generally as follows:
Asset DescriptionEstimated Useful Life
Software
Lesser of the life of an associated license, or 4 to 7 years
Leasehold improvements
Lesser of estimated useful life or lease term, not to exceed 10 years
Furniture, fixtures and equipment
4 to 10 years
Computer equipment
4 to 6 years
Buildings
35 years
Automobiles
6 years
Schedule of Other Intangible Assets by Asset Class Amortization basis and estimated useful lives by intangible asset type are generally as follows:
Intangible Asset DescriptionAmortization BasisEstimated Useful Life
Customer-related and contract-basedIn line with underlying cash flows
7 to 23 years
TradenamesStraight-line
1 to 10.5 years
Technology and other intangiblesStraight-line
5 to 7 years
Other intangible assets by asset class are as follows (in millions):
20242023
As of December 31Gross
Carrying
Amount
Accumulated Amortization and ImpairmentNet
Carrying
Amount
Gross
Carrying
Amount
Accumulated Amortization and ImpairmentNet
Carrying
Amount
Customer-related and contract-based $7,994 $2,050 $5,944 $1,873 $1,686 $187 
Tradenames812 66 746 12 12 — 
Technology and other366 313 53 359 312 47 
Total$9,172 $2,429 $6,743 $2,244 $2,010 $234