SUPPLEMENTAL CASH FLOW & OTHER DATA

9 Months Ended

Sep. 30, 2023

SUPPLEMENTAL CASH FLOW AND OTHER DATA

Supplemental cash flow and other data for the three and nine months ended September 30, 2023 and 2022 was as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Depreciation expense	$	84	$	81	$	249	$	240
Amortization expense	27		27		81		81
Depreciation and amortization expense	$	111	$	108	$	330	$	321

Interest expense	$	(41)	$	(37)	$	(117)	$	(112)
Interest income	1		4		5		6
Interest expense, net	$	(40)	$	(33)	$	(112)	$	(106)

Interest paid	$	17	$	32	$	97	$	110
Income taxes paid	$	99	$	5	$	233	$	187

Accounts payable associated with capital expenditures	$	27	$	30	$	27	$	30
Accounts payable associated with purchases of treasury stock	$	—	$	26	$	—	$	26
Dividends payable	$	81	$	75	$	81	$	75

Businesses acquired:
Fair value of assets acquired	$	2	$	—	$	736	$	143
Fair value of liabilities assumed	—		—		36		15
Fair value of net assets acquired	2		—		700		128
Merger consideration payable	—		—		(88)		(18)
Cash paid for business acquisitions	2		—		612		110
Less: Cash acquired	—		—		1		4
Business acquisitions, net of cash acquired	$	2	$	—	$	611	$	106

Leases:




Leased assets obtained in exchange for new operating lease liabilities	$	42	$	49	$	143	$	133