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Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities (Tables)
12 Months Ended
Dec. 31, 2025
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)

 

2025

 

 

2024

 

 

2023

 

Cash paid during the period for:

 

 

 

 

 

 

 

 

 

Interest

 

$

284

 

 

$

195

 

 

$

186

 

Income taxes, net of refunds

 

 

371

 

 

 

302

 

 

 

218

 

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)

 

2025

 

 

2024

 

 

2023

 

Other payables issued for acquisitions and purchased customer accounts

 

$

712

 

 

$

27

 

 

$

12

 

Estimated acquisition earn-out payables and related charges

 

 

58

 

 

 

73

 

 

 

67

 

Assumed acquisition earn-out payables

 

 

435

 

 

 

3

 

 

 

21

 

Common stock issued for acquisitions

 

 

634

 

 

 

 

 

 

18

 

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

The Company's restricted cash balances relate to amounts held in escrow in accordance with the Merger Agreement. Once all claims related to certain indemnification matters described in the Merger Agreement are resolved, the remaining cash in the escrow account will be released to the equityholders. Restricted cash is presented within other assets in the Company's Consolidated Balance Sheets.

 

 

 

Balance as of December 31,

 

(in millions)

 

2025

 

 

2024

 

 

2023

 

Table to reconcile cash, cash equivalents and restricted cash inclusive of fiduciary cash

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

1,079

 

 

$

675

 

 

$

700

 

Fiduciary cash

 

 

2,471

 

 

 

1,827

 

 

 

1,603

 

Restricted cash

 

 

265

 

 

 

 

 

 

 

Total cash, cash equivalents and restricted cash inclusive of fiduciary cash at the end of the period

 

$

3,815

 

 

$

2,502

 

 

$

2,303