SUPPLEMENTAL CASH FLOW AND OTHER DATA

12 Months Ended

Dec. 31, 2019

Supplemental Cash Flow Elements [Abstract]

SUPPLEMENTAL CASH FLOW AND OTHER DATA

SUPPLEMENTAL CASH FLOW AND OTHER DATA

Supplemental cash flow and other data for the years ended December 31, 2019, 2018 and 2017 was as follows:

    

	2019			2018			2017
Depreciation expense	$	233		$	219		$	196
Amortization expense	96			90			74
Depreciation and amortization expense	$	329		$	309		$	270
Interest expense	$	(180	)	$	(169	)	$	(153	)
Interest income	5			2			2
Interest expense, net	$	(175	)	$	(167	)	$	(151	)
Interest paid	$	192		$	174		$	159
Income taxes paid	$	202		$	84		$	243
Accounts payable associated with capital expenditures	$	26		$	11		$	26
Accounts payable associated with purchases of treasury stock	$	—		$	3		$	—
Dividends payable	$	71		$	71		$	61
Businesses acquired:
Fair value of assets acquired	$	63		$	453		$	657
Fair value of liabilities assumed	—			7			58
Fair value of net assets acquired	63			446			599
Merger consideration payable	(5		)	(19		)	(6		)
Cash paid for business acquisitions	58			427			593
Less: Cash acquired	—			6			12
Business acquisitions, net of cash acquired	$	58		$	421		$	581

	2019		2018		2017
Leases:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	180
Operating cash flows from finance leases	$	3
Financing cash flows from finance leases	$	4
Leased assets obtained in exchange for new operating lease liabilities	$	164
Leased assets obtained in exchange for new finance lease liabilities (a)	$	1	$	1	$	7

(a) For the years ended December 31, 2018 and 2017, leased assets obtained in exchange for new finance lease liabilities reflects information prior to the adoption of the new accounting standard related to accounting for leases. See Note 2 for further details on the adoption of the new accounting standard.