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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities    
Net income $ 89 $ 85
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of intangible assets 17 17
Amortization of deferred costs 13 12
Amortization of ROU asset, lease modification, impairment, and abandonment 2 2
Deferred income taxes 0 (1)
Stock based compensation 16 13
Other 1 3
Changes in operating assets and liabilities:    
Accounts receivable, net 0 1
Prepaid expenses, net 22 7
Other assets (11) (6)
Accounts payable and other liabilities 0 (11)
Accrued wages 0 (17)
Accrued health insurance costs, net 0 1
Accrued workers' compensation costs, net 2 2
Payroll taxes liabilities and other payroll withholdings 0 (10)
Operating lease liabilities (2) (3)
Net cash provided by operating activities 149 95
Investing activities    
Purchases of marketable securities (25) (27)
Proceeds from sale and maturity of marketable securities 38 34
Acquisitions of property and equipment and software (26) (16)
Proceeds from sale of business 0 1
Net cash used in investing activities (13) (8)
Financing activities    
Change in WSE and TriNet Trust related assets and liabilities, net (571) (388)
Repurchase of common stock (58) (90)
Awards effectively repurchased for required employee withholding taxes (3) (4)
Dividends paid (13) (12)
Net cash used in financing activities (645) (494)
Effect of exchange rate changes on cash and cash equivalents (1) 0
Net change in cash and cash equivalents, unrestricted and restricted (510) (407)
Cash and cash equivalents, unrestricted and restricted:    
Beginning of period 1,902 1,691
End of period 1,392 1,284
Supplemental disclosures of cash flow information    
Interest paid 24 25
Supplemental schedule of noncash investing and financing activities    
Cash dividend declared, but not yet paid 13 13
Payable for purchase of property and equipment 6 1
Receivable from sale of business $ 0 $ 6