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Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table presents segment revenue, segment expenses and segment operating income for our reportable segments for the three months ended June 30, 2025 and 2024.

		Three Months Ended June 30,
		HWC								R&B								Total
		2025				2024				2025				2024				2025				2024
Segment revenue excluding interest income		$	1,173			$	1,251			$	1,024			$	950			$	2,197			$	2,201
Interest income			7				9				23				29				30				38
Total segment revenue			1,180				1,260				1,047				979				2,227				2,239
Other segment expense			868				953				815				766				1,683				1,719
Depreciation			32				31				10				11				42				42
Total segment expense			900				984				825				777				1,725				1,761
Segment operating income		$	280			$	276			$	222			$	202			$	502			$	478

The following table presents segment revenue, segment expenses and segment operating income for our reportable segments for the six months ended June 30, 2025 and 2024.

		Six Months Ended June 30,
		HWC								R&B								Total
		2025				2024				2025				2024				2025				2024
Segment revenue excluding interest income		$	2,331			$	2,578			$	2,029			$	1,900			$	4,360			$	4,478
Interest income			14				18				45				57				59				75
Total segment revenue			2,345				2,596				2,074				1,957				4,419				4,553
Other segment expense			1,691				1,922				1,606				1,529				3,297				3,451
Depreciation			63				62				20				23				83				85
Total segment expense			1,754				1,984				1,626				1,552				3,380				3,536
Segment operating income		$	591			$	612			$	448			$	405			$	1,039			$	1,017

Net Operating Income of the Reported Segments

The following table presents reconciliations of the information reported by segment to the Company’s condensed consolidated statements of comprehensive income amounts reported for the three and six months ended June 30, 2025 and 2024.

		Three Months Ended June 30,								Six Months Ended June 30,
		2025				2024				2025				2024
Revenue:
Total segment revenue		$	2,227			$	2,239			$	4,419			$	4,553
Reimbursable expenses and other			34				26				65				53
Revenue		$	2,261			$	2,265			$	4,484			$	4,606
Total segment operating income		$	502			$	478			$	1,039			$	1,017
Amortization			(49	)			(60	)			(97	)			(120	)
Restructuring costs (i)			—				(3	)			—				(21	)
Transaction and transformation (ii)			(2	)			(97	)			(2	)			(222	)
Unallocated, net (iii)			(83	)			(106	)			(140	)			(162	)
Income from operations			368				212				800				492
Interest expense			(64	)			(68	)			(129	)			(132	)
Other income/(loss), net			9				23				(55	)			49
Income from operations before income taxes and interest in earnings of associates		$	313			$	167			$	616			$	409

(i)Consists of costs associated with our Transformation program, which concluded during the fourth quarter of 2024.

(ii)In addition to legal fees and other transaction costs, includes primarily consulting fees related to the Transformation program (see Note 6 — Restructuring Costs).

(iii)Includes certain costs, primarily related to corporate functions which are not directly related to the segments, and certain differences between budgeted expenses determined at the beginning of the year and actual expenses that we report for U.S. GAAP purposes.

Revenue and Tangible Long-lived Assets by Geographical Areas

Below are our revenue (on the basis of where the work was performed) and tangible long-lived assets for Ireland, our country of domicile, countries with significant concentrations and all other foreign countries as of and for the periods ended as indicated:

		Revenue																Long-Lived Assets (i)
		Three months ended June 30,								Six months ended June 30,								June 30,				December 31,
		2025				2024				2025				2024				2025				2024
Ireland		$	37			$	33			$	72			$	68			$	8			$	8
United States			1,046				1,138				1,978				2,239				290				307
United Kingdom			509				456				960				880				526				490
Rest of World			669				638				1,474				1,419				367				341
Total Foreign Countries			2,224				2,232				4,412				4,538				1,183				1,138
		$	2,261			$	2,265			$	4,484			$	4,606			$	1,191			$	1,146

(i)Tangible long-lived assets consist of fixed assets and right-of-use (‘ROU’) assets.

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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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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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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