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10Q BUSINESS DISPOSITIONS AND DISCONTINUED OPERATIONS (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]    
Schedule of Income (Loss), Assets And Liabilities And Capital Expenditures Of Discontinued Operations
The following table presents the major classes of line items constituting income from discontinued operations, net of tax, in our consolidated statements of income for the three months ended March 31, 2025 and 2024:

Three Months Ended
March 31, 2025March 31, 2024
(in thousands)
Revenues$620,729 $602,735 
Operating expenses:
Cost of service444,808 434,201 
Selling, general and administrative85,133 75,873 
529,941 510,074 
Operating income90,788 92,661 
Interest and other expense, net(7,604)(6,869)
Income from discontinued operations before income taxes and equity in income of equity method investments83,184 85,792 
Income tax expense13,761 12,689 
Income from discontinued operations before equity in income of equity method investments69,423 73,103 
Equity in income of equity method investments38 33 
Income from discontinued operations, net of tax69,461 73,136 
Income from discontinued operations attributable to noncontrolling interests(808)(655)
Income from discontinued operations attributable to Global Payments$68,653 $72,481 
The following table presents the carrying amounts of the major classes of assets and liabilities of discontinued operations as of March 31, 2025 and December 31, 2024:

March 31, 2025December 31, 2024
(in thousands)
Cash and cash equivalents$181,974 $181,982 
Accounts receivable, net317,093 299,434 
Prepaid expenses and other current assets543,020 461,412 
Current assets of discontinued operations1,042,087 942,828 
Goodwill9,518,724 9,508,786 
Other intangible assets, net4,273,729 4,404,561 
Property and equipment, net945,568 882,784 
Other noncurrent assets670,080 641,995 
Noncurrent assets of discontinued operations15,408,101 15,438,126 
Accounts payable and accrued liabilities665,270 595,857 
Current liabilities of discontinued operations665,270 595,857 
Deferred income taxes248,114 258,764 
Other noncurrent liabilities229,521 185,700 
Noncurrent liabilities of discontinued operations477,635 444,464 
The following table presents selected items affecting the statements of cash flows:
Three Months Ended
March 31, 2025March 31, 2024
(in thousands)
Depreciation and amortization of property and equipment$28,473 $30,447 
Amortization of acquired intangibles135,184 133,724 
Capital expenditures49,245 42,153 
The following table presents the major classes of line items constituting income from discontinued operations, net of tax, in our consolidated statements of income for the years ended December 31, 2024, 2023 and 2022:

Years Ended December 31,
202420232022
(in thousands)
Revenues$2,483,657 $2,401,094 $2,245,506 
Operating expenses:
Cost of service1,795,319 1,740,187 1,636,934 
Selling, general and administrative359,928 284,090 277,938 
2,155,247 2,024,277 1,914,872 
Operating income328,410 376,817 330,634 
Interest and other (expense) income, net(22,519)(16,783)1,717 
Income from discontinued operations before income taxes and equity in income of equity method investments305,891 360,034 332,351 
Income tax expense56,064 15,073 40,897 
Income from discontinued operations before equity in income of equity method investments249,827 344,961 291,454 
Equity in income of equity method investments319 444 510 
Income from discontinued operations, net of tax250,146 345,405 291,964 
Income from discontinued operations attributable to noncontrolling interests(3,492)(3,100)(2,752)
Income from discontinued operations attributable to Global Payments$246,654 $342,305 $289,212 
The following table presents the carrying amounts of the major classes of assets and liabilities of discontinued operations as of December 31, 2024 and 2023:

December 31, 2024December 31, 2023
(in thousands)
Cash and cash equivalents$181,982 $181,956 
Accounts receivable, net299,434 322,984 
Prepaid expenses and other current assets461,412 386,763 
Current assets of discontinued operations942,828 891,703 
Goodwill9,508,786 9,516,695 
Other intangible assets, net4,404,561 4,942,419 
Property and equipment, net882,784 835,050 
Other noncurrent assets641,995 637,940 
Noncurrent assets of discontinued operations15,438,126 15,932,104 
Accounts payable and accrued liabilities595,857 549,461 
Current liabilities of discontinued operations595,857 549,461 
Deferred income taxes258,764 277,796 
Other noncurrent liabilities185,700 194,304 
Noncurrent liabilities of discontinued operations444,464 472,100 

Cash flows related to discontinued operations are included in our consolidated statements of cash flows for the years ended December 31, 2024, 2023 and 2022. The following table presents selected items affecting the statements of cash flows:

Years Ended December 31,
202420232022
(in thousands)
Depreciation and amortization of property and equipment$123,292 $119,873 $109,250 
Amortization of acquired intangibles535,013 527,336 515,915 
Capital expenditures179,661 130,949 157,478