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Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Components of Depreciation and Amortization in the Statement Of Income
The Company's depreciation and amortization included in the condensed consolidated statement of operations consisted of the following:
Three months ended March 31,
(In millions)20252024
Amortization of capitalized contract costs related to fulfillment$41 $21 
Amortization of capitalized contract costs related to customer acquisition67 44 
Amortization of customer relationships and other intangible assets153 201 
Depreciation of property, plant and equipment65 67 
Total depreciation and amortization$326 $333 
Activity in Allowance for Credit Losses
The following table represents the activity in the allowance for credit losses for the three months ended March 31, 2025 and 2024:
Three months ended March 31,
(In millions)20252024
Beginning balance$152 $145 
Provision for credit losses56 75 
Write-offs(79)(92)
Recoveries collected12 10 
Other3 2 
Ending balance$144 $140 
Other Balance Sheet Information
The following table presents the accumulated depreciation included in property, plant and equipment, net and accumulated amortization included in customer relationships, net and other intangible assets, net:
(In millions)March 31, 2025December 31, 2024
Property, plant and equipment accumulated depreciation $1,569 $1,508 
Customer relationships and other intangible assets accumulated amortization 3,497 3,632 
Reconciliation of Cash and Cash Equivalents, Restricted Cash and Funds Deposited by Counterparties
The following table provides a reconciliation of cash and cash equivalents, restricted cash and funds deposited by counterparties reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the statements of cash flows:
(In millions)March 31, 2025December 31, 2024
Cash and cash equivalents$693 $966 
Funds deposited by counterparties730 199 
Restricted cash15 8 
Cash and cash equivalents, funds deposited by counterparties and restricted cash shown in the statement of cash flows$1,438 $1,173