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Supplemental Disclosures
12 Months Ended
Dec. 31, 2019
Supplemental Cash Flow Information [Abstract]  
Supplemental Disclosures Supplemental Disclosures
The following schedule provides additional information concerning acquisitions, interest and income taxes paid:
(In millions of dollars)
2019

 
2018

 
2017

Assets acquired, excluding cash
$
8,655

 
$
1,100

 
$
898

Liabilities assumed
(2,804
)
 
(83
)
 
(134
)
Non-controlling interests assumed
(280
)
 

 

Contingent/deferred purchase consideration
(66
)
 
(133
)
 
(109
)
Net cash outflow for acquisitions
$
5,505

 
$
884

 
$
655

(In millions of dollars)
2019

 
2018

 
2017

Interest paid
$
427

 
$
264

 
$
199

Income taxes paid, net of refunds
$
661

 
$
632

 
$
583


The classification of contingent consideration payments in the consolidated statement of cash flows is dependent upon whether the payment was part of the initial liability established on the acquisition date (financing) or an adjustment to the acquisition date liability (operating).
The following amounts are included in the consolidated statements of cash flows as a financing activity. The Company paid deferred and contingent consideration of $65 million in the year ended December 31, 2019, consisting of deferred purchase consideration of $43 million and contingent purchase consideration of $22 million. In the year ended December 31, 2018, the Company paid deferred and contingent consideration of $117 million, consisting of deferred purchase consideration of $62 million and contingent consideration of $55 million, and in the year ended December 31, 2017 the Company paid deferred and contingent consideration of $136 million, consisting of deferred purchase consideration of $55 million and contingent consideration of $81 million.
The following amounts are included in the operating section of the consolidated statements of cash flows. For the year ended December 31, 2019, the Company recorded a net charge for adjustments to acquisition related accounts of $68 million and contingent consideration payments of $41 million. For the year ended December 31, 2018, the Company recorded a net charge for adjustments to acquisition related accounts of $32 million and contingent consideration payments of $36 million, and for the year ended December 31, 2017 the Company recorded a net charge for adjustments to acquisition related accounts of $3 million and contingent consideration payments of $27 million.
The Company had non-cash issuances of common stock under its share-based payment plan of $165 million, $130 million and $88 million for the years ended December 31, 2019, 2018 and 2017, respectively. The Company recorded stock-based compensation expense related to restricted stock units, performance stock units and stock options of $252 million, $193 million and $149 million for the years ended December 31, 2019, 2018 and 2017, respectively.
Effective January 1, 2019, the Company adopted the new accounting guidance related to leases, which requires a lessee to recognize assets and liabilities for its leases. Upon adoption of this accounting standard, the Company recorded a non-cash ROU asset of $1.7 billion and lease liability of $1.9 billion in the first quarter of 2019.
An analysis of the allowance for doubtful accounts is as follows:
For the Years Ended December 31,
(In millions of dollars)
2019

 
2018

 
2017

Balance at beginning of year
$
112

 
$
110

 
$
96

Provision charged to operations
32

 
34

 
31

Accounts written-off, net of recoveries
(16
)
 
(24
)
 
(17
)
Effect of exchange rate changes and other
12

 
(8
)
 

Balance at end of year
$
140

 
$
112

 
$
110