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Business Combinations (Tables)
3 Months Ended
Mar. 31, 2024
Business Combinations [Abstract]  
Additions, Payments, and Net Changes, as well as Interest Expense Accretion on Estimated Acquisition Earn-Out Payables The resulting additions, payments, and net changes, as well as the interest expense accretion on the estimated acquisition earn-out payables, for the three months ended March 31, 2024 and 2023, were as follows:

 

 

 

Three months ended March 31,

 

(in millions)

 

2024

 

 

2023

 

Balance as of the beginning of the period

 

$

249

 

 

$

252

 

Additions to estimated acquisition earn-out payables

 

 

9

 

 

 

20

 

Payments for estimated acquisition earn-out payables

 

 

(52

)

 

 

(16

)

Subtotal

 

 

206

 

 

 

256

 

Net change in earnings from estimated acquisition earn-out payables:

 

 

 

 

 

 

Change in fair value on estimated acquisition earn-out payables

 

 

(4

)

 

 

(4

)

Interest expense accretion

 

 

2

 

 

 

2

 

Net change in earnings from estimated acquisition
   earn-out payables

 

 

(2

)

 

 

(2

)

Foreign currency translation adjustments during the year

 

 

(1

)

 

 

1

 

Balance as of March 31,

 

$

203

 

 

$

255