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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,666 $ 1,290
Restricted cash 0 1
Short-term investments 20 26
Accounts receivable, net of allowance for doubtful accounts: 2024- $44 ; 2023 - $54 2,867 2,826
Prepaid and other current assets 906 1,000
Total current assets 5,459 5,143
Property and equipment:    
Buildings and leasehold improvements 433 424
Equipment and furniture 655 628
Total property and equipment 1,088 1,052
Less: accumulated depreciation (823) (794)
Property and equipment, net 265 258
Right of use assets 413 379
Goodwill 34,917 34,850
Other intangible assets, net 16,556 17,398
Equity investments in unconsolidated subsidiaries 1,774 1,787
Asset for pension benefits 246 238
Other non-current assets 591 536
Total Assets 60,221 60,589
Current liabilities:    
Accounts payable 553 557
Accrued compensation and contributions to retirement plans 1,073 906
Short-term debt 4 47
Income taxes currently payable 199 121
Unearned revenue 3,694 3,461
Other current liabilities 869 1,033
Total current liabilities 6,392 6,125
Long-term debt 11,394 11,412
Lease liabilities – non-current 535 541
Pension and other postretirement benefits 180 199
Deferred tax liability – non-current 3,397 3,690
Other non-current liabilities 815 522
Total liabilities 22,713 22,489
Redeemable noncontrolling interests 4,252 3,800
Commitments and contingencies (Note 13)
Equity:    
Common stock, $1 par value: authorized - 600 million shares; issued: 415 million shares in 2024 and 2023 415 415
Additional paid-in capital 44,321 44,231
Retained income 20,977 18,728
Accumulated other comprehensive loss (883) (763)
Less: common stock in treasury - at cost: 2024 - 100 million shares; 2023- 93 million shares (31,671) (28,411)
Total equity – controlling interests 33,159 34,200
Total equity – noncontrolling interests 97 100
Total equity 33,256 34,300
Total liabilities and equity $ 60,221 $ 60,589