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Segment Information | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Segment Information | Our chief executive officer is our chief operating decision maker. Our CODM regularly reviews the performance of our business by four industry-based operating segments, which are our four reportable business segments: Health Sciences, Financial Services, Products and Resources, and Communications, Media and Technology. We have an industry-led go-to-market strategy, with client partners, account executives and client relationship managers aligned to the specific industries they serve. Our CODM is regularly provided segment revenues and operating profit, including budget‑to‑actual variances in segment revenue, to formulate industry-focused strategic priorities, allocate financial resources, set targets and key performance indicators, and evaluate the results of such strategies. These strategic priorities, targets and key performance indicators are translated and applied to each client account, rolling up to respective industry-based operating segments. Our hiring and deployment plans are devised according to the strategic priorities and targets set for the client accounts. Revenue from a client is directly identified with the operating segment with which the client is most closely aligned. Generally, operating expenses for each operating segment have similar characteristics and are subject to the same factors, pressures and challenges. However, the economic environment and its effects on industries served by the operating segments may affect revenues and operating expenses to differing degrees. Segment operating profit is the income from operations before unallocated costs. In the first quarter of 2025, we made certain changes to the internal measurement of segment operating profit for the purpose of evaluating segment performance and resource allocation. The primary reason for the change was to reflect a more complete cost of delivery. Specifically, segment operating profit now includes an allocation of certain corporate costs, which were previously included in "unallocated costs." We have reported 2025 segment operating profits using the new allocation methodology and have recast the 2024 results to conform to the new methodology. Our CODM is not regularly provided with segment expenses. A portion of depreciation and amortization, certain corporate costs, the impact of the settlements of the cash flow hedges, the gain on the sale of property and equipment and expenses related to our NextGen program are not allocated to individual segments. Accordingly, such expenses are excluded from segment operating profit and are included below as “unallocated costs” and adjusted against our total income from operations. We do not disclose assets by segment as a significant portion of the assets is used interchangeably among the segments and our CODM is not provided such information. Information by reportable segment were as follows:
| Three Months Ended June 30, 2025 |  | Six Months Ended June 30, 2025
(in millions) | HS |  | FS |  | P&R |  | CMT |  | Total |  | HS |  | FS |  | P&R |  | CMT |  | Total
Revenues | $ | 1,551 |  |  | $ | 1,547 |  |  | $ | 1,306 |  |  | $ | 841 |  |  | $ | 5,245 |  |  | $ | 3,122 |  |  | $ | 3,009 |  |  | $ | 2,584 |  |  | $ | 1,645 |  |  | $ | 10,360 |
Less: other segment items | 1,248 |  |  | 1,293 |  |  | 1,119 |  |  | 726 |  |  | 4,386 |  |  | 2,513 |  |  | 2,501 |  |  | 2,192 |  |  | 1,438 |  |  | 8,644 |
Segment operating profit | $ | 303 |  |  | $ | 254 |  |  | $ | 187 |  |  | $ | 115 |  |  | $ | 859 |  |  | $ | 609 |  |  | $ | 508 |  |  | $ | 392 |  |  | $ | 207 |  |  | $ | 1,716 |
Less: unallocated costs |  |  |  |  |  |  |  |  | 42 |  |  |  |  |  |  |  |  |  |  | 46 |
Income from operations |  |  |  |  |  |  |  |  | $ | 817 |  |  |  |  |  |  |  |  |  |  | $ | 1,670 |
| Three Months Ended June 30, 2024 |  | Six Months Ended June 30, 2024
(in millions) | HS |  | FS |  | P&R |  | CMT |  | Total |  | HS |  | FS |  | P&R |  | CMT |  | Total
Revenues | $ | 1,461 |  |  | $ | 1,447 |  |  | $ | 1,126 |  |  | $ | 816 |  |  | $ | 4,850 |  |  | $ | 2,877 |  |  | $ | 2,832 |  |  | $ | 2,259 |  |  | $ | 1,642 |  |  | $ | 9,610 |
Less: other segment items | 1,187 |  |  | 1,239 |  |  | 947 |  |  | 727 |  |  | 4,100 |  |  | 2,341 |  |  | 2,416 |  |  | 1,899 |  |  | 1,463 |  |  | 8,119 |
Segment operating profit | $ | 274 |  |  | $ | 208 |  |  | $ | 179 |  |  | $ | 89 |  |  | $ | 750 |  |  | $ | 536 |  |  | $ | 416 |  |  | $ | 360 |  |  | $ | 179 |  |  | $ | 1,491 |
Less: unallocated costs |  |  |  |  |  |  |  |  | 42 |  |  |  |  |  |  |  |  |  |  | 88 |
Income from operations |  |  |  |  |  |  |  |  | $ | 708 |  |  |  |  |  |  |  |  |  |  | $ | 1,403 |
Other segment items for each reportable segment primarily include employee compensation and benefits, subcontractor costs, costs of third-party products and services related to revenue and project-related travel. Geographic Area Information Long-lived assets by geographic area are as follows:
| As of
(in millions) | June 30, 2025 |  | December 31, 2024
Long-lived Assets: (1) |  |  |
North America(2) | $ | 319 |  |  | $ | 338 |
Europe | 75 |  |  | 72 |
Rest of World (3) | 582 |  |  | 584 |
Total | $ | 976 |  |  | $ | 994 |
(1)Long-lived assets include property and equipment, net of accumulated depreciation and amortization. (2)Substantially all relates to the United States. (3)Substantially all relates to India.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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