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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income [1] $ 682 $ 318
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and other amortization [1] 313 276
Amortization of acquisition-related intangible assets [1] 486 521
Amortization of financing costs and debt discounts [1] 11 13
Share-based compensation [1] 61 66
Deferred income taxes [1] (183) (70)
Gain on sale of assets [1] (147) 0
Income from investments in unconsolidated affiliates [1] (106) (16)
Distributions from unconsolidated affiliates [1] 19 3
Non-cash impairment charges [1] 0 6
Other operating activities [1] 3 (18)
Changes in assets and liabilities, net of effects from acquisitions:    
Trade accounts receivable [1] (60) (129)
Prepaid expenses and other assets [1] (130) (39)
Contract costs [1] (88) (92)
Accounts payable and other liabilities [1] (78) 102
Contract liabilities [1] 32 11
Net cash provided by operating activities [1] 815 952
Cash flows from investing activities:    
Capital expenditures, including capitalized software and other intangibles [1] (331) (234)
Proceeds from sale of assets [1] 175 0
Payments for acquisition of businesses, net of cash acquired [1] 0 (281)
Distributions from unconsolidated affiliates [1] 61 32
Purchases of investments [1] (8) (227)
Proceeds from sale of investments [1] 3 2
Net cash used in investing activities [1] (100) (708)
Cash flows from financing activities:    
Debt proceeds [1] 705 2,182
Debt repayments [1] (1,086) (1,725)
Net proceeds from (repayments of) commercial paper and short-term borrowings [1] 218 (56)
Proceeds from issuance of treasury stock [1] 43 43
Purchases of treasury stock, including employee shares withheld for tax obligations [1] (544) (742)
Settlement activity, net [1] (400) (82)
Distributions paid to noncontrolling interests and redeemable noncontrolling interests [1] (13) (10)
Other financing activities [1] 0 (3)
Net cash used in financing activities [1] (1,077) (393)
Effect of exchange rate changes on cash and cash equivalents [1] (10) (8)
Net change in cash and cash equivalents [1] (372) (157)
Cash and cash equivalents, beginning balance [1] 3,205 2,569
Cash and cash equivalents, ending balance [1] $ 2,833 $ 2,412
[1] The company revised, for comparable purposes with the current period’s presentation, the consolidated statement of cash flows presentation for the three months ended March 31, 2021 to include cash and cash equivalents within settlement assets as a component of total cash and cash equivalents. Additional information is included in Note 1.