SUPPLEMENTAL CASH FLOW & OTHER DATA

6 Months Ended

Jun. 30, 2019

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL CASH FLOW & OTHER DATA

SUPPLEMENTAL CASH FLOW AND OTHER DATA

Supplemental cash flow and other data for the three and six months ended June 30, 2019 and 2018 was as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Depreciation expense	$	56		$	55		$	116		$	107
Amortization expense	25			22			49			44
Depreciation and amortization expense	$	81		$	77		$	165		$	151
Interest expense	$	(46	)	$	(43	)	$	(91	)	$	(84	)
Interest income	1			1			2			1
Interest expense, net	$	(45	)	$	(42	)	$	(89	)	$	(83	)
Interest paid	$	63		$	37		$	91		$	86
Income taxes paid	$	80		$	39		$	83		$	41
Assets acquired under capital leases	$	—		$	1		$	—		$	1
Accounts payable associated with capital expenditures	$	15		$	13		$	15		$	13
Dividends payable	$	72		$	69		$	72		$	69
Businesses acquired:
Fair value of assets acquired	$	—		$	35		$	61		$	183
Fair value of liabilities assumed	—			—			—			(1		)
Fair value of net assets acquired	—			35			61			182
Merger consideration paid (payable), net	—			—			(5		)	(12		)
Cash paid for business acquisitions	—			35			56			170
Less: Cash acquired	—			—			—			5
Business acquisitions, net of cash acquired	$	—		$	35		$	56		$	165

	Three Months Ended June 30,		Six Months Ended June 30,
	2019		2019
Leases:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	45	$	90
Operating cash flows from finance leases	$	1	$	2
Financing cash flows from finance leases	$	1	$	2
Leased assets obtained in exchange for new operating lease liabilities	$	53	$	78