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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Financial Information by Segment

The table below presents revenue, significant expenses regularly provided to the CODM and Adjusted Operating Income by reportable segment. The CODM, identified as the Company's CEO, utilizes the Adjusted Operating Income measure to assess the profitability of the Company and each of its reportable segments each quarter. Adjusted Operating Income is also used in our budgeting and forecasting processes, enabling the allocation of capital resources across the Company's strategic initiatives.

			Year Ended December 31,
			2024																								2023
			MA						MIS						Eliminations						Consolidated						MA						MIS						Eliminations						Consolidated
Total external revenue			$	3,295					$	3,793					$	—					$	7,088					$	3,056					$	2,860					$	—					$	5,916
Intersegment revenue			13						193						(206)						—						13						186						(199)						—
Revenue			3,308						3,986						(206)						7,088						3,069						3,046						(199)						5,916
Compensation expense			1,370						1,169						—						2,539						1,238						1,003						—						2,241
Non-compensation expense			731						410						—						1,141						708						370						—						1,078
Intersegment expense			193						13						(206)						—						186						13						(199)						—
Operating, SG&A			2,294						1,592						(206)						3,680						2,132						1,386						(199)						3,319
Adjusted Operating Income			1,014						2,394						—						3,408						937						1,660						—						2,597
Add:
Depreciation and amortization			353						78						—						431						298						75						—						373
Restructuring			42						17						—						59						59						28						—						87
Charges related to asset abandonment			43						—						—						43						—						—						—						—
Operating Income																					$	2,875																							$	2,137
Non-operating (expense) income, net																					$	(176)																							$	(202)
Income before provision for income taxes																					$	2,699																							$	1,935

			Year Ended December 31, 2022
			MA						MIS						Eliminations						Consolidated
Total external revenue			$	2,769					$	2,699					$	—					$	5,468
Intersegment revenue			8						174						(182)						—
Revenue			2,777						2,873						(182)						5,468
Compensation expense			1,116						940						—						2,056
Non-compensation expense			647						437						—						1,084
Intersegment expense			174						8						(182)						—
Operating, SG&A			1,937						1,385						(182)						3,140
Adjusted Operating Income			840						1,488						—						2,328
Add:
Depreciation and amortization			250						81						—						331
Restructuring			49						65						—						114
Operating income																					$	1,883
Non-operating (expense) income, net																					$	(123)
Income before provision for income taxes																					$	1,760

Restructuring Expenses Included in Consolidated Statements of Operations

Total expenses included in the accompanying consolidated statements of operations related to the aforementioned restructuring programs are outlined below:

			Year ended December 31,																					Cumulative expense incurred
			2024						2023						2022
2022 - 2023 Geolocation Restructuring Program
Employee Termination Costs			$	14					$	51					$	85								$	150
Real Estate Related Costs (1)			—						36						27									63
Other Costs (2)			—						—						1									1
Total 2022-2023 Geolocation Restructuring Program Costs			$	14					$	87					$	113								$	214
Strategic and Operational Efficiency Restructuring Program
Employee Termination Costs (3)			$	41					$	—					$	—								$	41
Other Costs (2)			4						—						—									4
Total Strategic and Operational Efficiency Restructuring Program Costs			$	45					$	—					$	—								$	45
Total Restructuring			$	59					$	87					$	113

(1)For the year ended December 31, 2023, primarily includes ROU Asset impairment charges. For the year ended December 31, 2022, primarily includes ROU Asset and leasehold improvement impairment charges and the non-cash acceleration of amortization of abandoned ROU Assets and leasehold improvements. The fair value of the impaired assets in both periods was determined by utilizing the present value of the estimated future cash flows attributable to the assets. The fair value of those assets subsequent to the impairment for the year ended December 31, 2023 was $4 million and was categorized as Level 3 within the ASC Topic 820 fair value hierarchy. The fair value of those assets subsequent to the impairment for the year ended December 31, 2022 was $0.

(2)Primarily includes professional service fees related to execution of the restructuring program.

(3)Primarily includes severance costs and expense related to the modification of equity awards.

The table below shows cumulative restructuring expense incurred through December 31, 2024 by reportable segment.

			MA						MIS						Total
2022 - 2023 Geolocation Restructuring Program			$	116					$	98					$	214
Strategic and Operational Efficiency Restructuring Program			$	34					$	11					$	45

Company's Reportable Segment Revenues Disaggregated by Segment and Geographic Region

CONSOLIDATED REVENUE AND LONG-LIVED ASSETS INFORMATION BY GEOGRAPHIC AREA

			Year Ended December 31,
			2024						2023						2022
Revenue:
U.S.			$	3,836					$	3,071					$	2,865
Non-U.S.:
EMEA			2,174						1,886						1,708
Asia-Pacific			629						570						539
Americas			449						389						356
Total Non-U.S.			3,252						2,845						2,603
Total			$	7,088					$	5,916					$	5,468
Long-lived assets at December 31:
U.S.			$	4,395					$	4,323					$	4,408
Non-U.S.			4,361						4,562						4,489
Total			$	8,756					$	8,885					$	8,897

X

- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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