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Segment Information (Tables)

9 Months Ended

Sep. 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 September 30, 2025 and 2024.

		Three Months Ended September 30,
		HWC								R&B								Total
		2025				2024				2025				2024				2025				2024
Segment revenue excluding interest income		$	1,253			$	1,320			$	979			$	911			$	2,232			$	2,231
Interest income			8				8				28				29				36				37
Total segment revenue			1,261				1,328				1,007				940				2,268				2,268
Other segment expense			869				968				808				758				1,677				1,726
Depreciation			31				31				10				12				41				43
Total segment expense			900				999				818				770				1,718				1,769
Segment operating income		$	361			$	329			$	189			$	170			$	550			$	499

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

		Nine Months Ended September 30,
		HWC								R&B								Total
		2025				2024				2025				2024				2025				2024
Segment revenue excluding interest income		$	3,584			$	3,898			$	3,008			$	2,811			$	6,592			$	6,709
Interest income			22				26				73				86				95				112
Total segment revenue			3,606				3,924				3,081				2,897				6,687				6,821
Other segment expense			2,560				2,890				2,414				2,287				4,974				5,177
Depreciation			94				93				30				35				124				128
Total segment expense			2,654				2,983				2,444				2,322				5,098				5,305
Segment operating income		$	952			$	941			$	637			$	575			$	1,589			$	1,516

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 nine months ended September 30, 2025 and 2024.

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
Revenue:
Total segment revenue		$	2,268			$	2,268			$	6,687			$	6,821
Reimbursable expenses and other			20				21				85				74
Revenue		$	2,288			$	2,289			$	6,772			$	6,895
Total segment operating income		$	550			$	499			$	1,589			$	1,516
Impairment (i)			—				(1,042	)			—				(1,042	)
Amortization			(47	)			(56	)			(144	)			(176	)
Restructuring costs (ii)			—				(8	)			—				(29	)
Transaction and transformation (iii)			(2	)			(74	)			(4	)			(296	)
Unallocated, net (iv)			(83	)			(85	)			(223	)			(247	)
Income from operations			418				(766	)			1,218				(274	)
Interest expense			(65	)			(65	)			(194	)			(197	)
Other income/(loss), net			37				(1,167	)			(18	)			(1,118	)
Income/(loss) from operations before income taxes and interest    in earnings of associates		$	390			$	(1,998	)		$	1,006			$	(1,589	)

(i)Represents the non-cash goodwill impairment associated with our Benefits, Delivery and Administration reporting unit related to the sale of our TRANZACT business.

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

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

(iv)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 September 30,								Nine months ended September 30,								September 30,				December 31,
		2025				2024				2025				2024				2025				2024
Ireland		$	33			$	31			$	105			$	99			$	8			$	8
United States			999				1,166				2,977				3,405				283				307
United Kingdom			539				465				1,499				1,345				519				490
Rest of World			717				627				2,191				2,046				356				341
Total Foreign Countries			2,255				2,258				6,667				6,796				1,158				1,138
		$	2,288			$	2,289			$	6,772			$	6,895			$	1,166			$	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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