Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities (Tables)

12 Months Ended

Dec. 31, 2024

Supplemental Cash Flow Elements [Abstract]

Summary of Cash Paid for Interest and Income Taxes

The Company’s cash paid during the period for interest and income taxes are summarized as follows:

	Year Ended December 31,
(in millions)	2024		2023		2022
Cash paid during the period for:
Interest	$	195	$	186	$	120
Income taxes, net of refunds		302		218		122

Summary of Significant Non-Cash Investing and Financing Activities

The Company’s significant non-cash investing and financing activities are summarized as follows:

	Year Ended December 31,
(in millions)	2024		2023		2022
Other payables issued for agency acquisitions and purchased customer accounts	$	27	$	12	$	6
Estimated acquisition earn-out payables and related charges		73		67		73
Assumed acquisition earn-out payables		3		21		35
Common stock issued for agency acquisition		—		18		15

Schedule of Reconciliation of Cash and Cash Equivalents Inclusive of Restricted Cash

The following is a reconciliation of fiduciary cash as of December 31, 2024, 2023 and 2022.

	Balance as of December 31,
(in millions)	2024		2023		2022
Table to reconcile restricted and non-restricted fiduciary cash
Restricted fiduciary cash	$	1,570	$	1,412	$	1,232
Non-restricted fiduciary cash		257		191		151
Total restricted and non-restricted fiduciary cash at the end of the period	$	1,827	$	1,603	$	1,383

The following is a reconciliation of cash and cash equivalents inclusive of restricted cash as of December 31, 2024, 2023 and 2022.

	Balance as of December 31,
(in millions)	2024		2023		2022
Table to reconcile cash and cash equivalents inclusive of fiduciary cash
Cash and cash equivalents	$	675	$	700	$	650
Fiduciary cash		1,827		1,603		1,383
Total cash and cash equivalents inclusive of fiduciary cash at the end of the period	$	2,502	$	2,303	$	2,033