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Supplemental Disclosures
 12 Months Ended
Dec. 31, 2022
Supplemental Cash Flow Information [Abstract]  
Supplemental Disclosures Supplemental Disclosures
The following table provides additional information concerning acquisitions, interest and income taxes paid:
For the Years Ended December 31,
(In millions)202220212020
Assets acquired, excluding cash, and cash and cash equivalents held in a fiduciary capacity$734 $1,697 $929 
Acquisition-related deposit24 — — 
Fiduciary liabilities assumed(6)(18)(21)
Liabilities assumed(49)(213)(78)
Non-controlling interests assumed(5)(64)— 
Fair value of previously-held equity method investment(6)(390)— 
Contingent/deferred purchase consideration (120)(153)(183)
Net cash outflow for acquisitions$572 $859 $647 
(In millions)202220212020
Interest paid$431 $441 $481 
Income taxes paid, net of refunds$1,049 $1,069 $673 
The classification of contingent consideration in the consolidated statement of cash flows is dependent upon whether the receipt or payment was part of the initial liability established on the acquisition date (financing) or an adjustment to the acquisition date liability (operating).
The following amounts are included in the consolidated statements of cash flows as operating and financing activities:
For the Years Ended December 31,
(In millions)202220212020
Operating:
Contingent consideration payments for prior year acquisitions$(38)$(49)$(48)
Receipt of contingent consideration for dispositions— 19 — 
Acquisition/disposition related net charges for adjustments49 57 26 
Adjustments and payments related to contingent consideration$11 $27 $(22)
Financing:
Contingent consideration for prior year acquisitions$(32)$(28)$(54)
Deferred consideration related to prior year acquisitions (126)(89)(68)
Payments of deferred and contingent consideration for acquisitions$(158)$(117)$(122)
Receipt of contingent consideration for dispositions$3 $71 $— 
The Company had non-cash issuances of common stock under its share-based payment plan of $372 million, $228 million and $219 million in 2022, 2021 and 2020, respectively. The Company recorded share-based compensation expense related to restricted stock units, performance stock units and stock options of $367 million, $348 million and $290 million in 2022, 2021 and 2020, respectively.
Statement of Cash Flows Reclassifications
In 2022, the Company refined the statements of cash flows presentation to combine and reclassify certain line items in the operating cash flows section and separately present purchases and sales of long-term investments in the investing cash flows section. The prior year presentation was conformed to the current presentation with no impact on either operating or investing cash flows.
Allowance for Credit Losses on Accounts Receivable
The Company’s policy for providing an allowance for credit losses on its accounts receivable is a combination of factors, including historical write-offs, aging of balances, and other qualitative and quantitative analyses.
An analysis of the allowance for credit losses is provided below:
For the Years Ended December 31,
(In millions)
202220212020
Balance at beginning of year$166 $142 $140 
Provision charged to operations17 46 47 
Accounts written-off, net of recoveries(17)(16)(30)
Effect of exchange rate changes and other(6)(6)(15)
Balance at end of year$160 $166 $142