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v3.25.2

Other Current Assets, Accrued Expenses And Other Current Liabilities (Details) - USD ($) $ in Millions | Jun. 30, 2025 | Dec. 31, 2024
--- | --- | ---
Prepaid Expense and Other Assets, Current [Abstract] |  |
Prepaid contracts and other prepaid expenses | $ 87 | $ 75
Prepaid agent incentives | 38 | 37
Franchisee sales incentives | 29 | 29
Income tax receivables | 4 | 35
Other | 37 | 30
Other current assets | 195 | 206
Accrued payroll and related employee costs | 131 | 170
Advances from clients | 20 | 24
Accrued volume incentives | 19 | 27
Accrued commissions | 49 | 41
Restructuring accruals | 11 | 9
Deferred income | 53 | 45
Accrued interest | 34 | 36
Current portion of finance lease liabilities | 6 | 7
Due to former parent | 1 | 40
Other | 160 | 154
Accrued expenses and other current liabilities | $ 484 | $ 553

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- Definition Carrying value as of the balance sheet date of obligations incurred through that date and payable under the volume incentive program whereby franchisees are eligible to receive a refund of a portion of their royalties paid upon the satisfaction of certain conditions, such as achieving specified gross revenue thresholds. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). + References No definition available. + Details
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