Supplemental Disclosures to the Consolidated Statements of Cash Flows

3 Months Ended

Mar. 31, 2023

Supplemental Cash Flow Information [Abstract]

Supplemental Disclosures to the Consolidated Statements of Cash Flows

The following table provides additional information concerning acquisitions, interest and income taxes paid for the three months ended March 31, 2023 and 2022.


(In millions)	2023		2022
Assets acquired, excluding cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	$	17	$	30
Acquisition-related deposit	252		—

Liabilities assumed	(2)		(2)


Contingent/deferred purchase consideration	(4)		(4)
Net cash outflow for acquisitions	$	263	$	24


(In millions)	2023		2022
Interest paid	$	165	$	171
Income taxes paid, net of refunds	$	223	$	201

The classification of contingent consideration in the consolidated statements 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 Three Months Ended March 31,
(In millions)	2023		2022
Operating:

Receipt of contingent consideration for dispositions	$	1	$	—
Acquisition/disposition related net charges for adjustments	7		10


Adjustments and payments related to contingent consideration	$	8	$	10
Financing:
Contingent consideration for prior year acquisitions	$	(1)	$	(4)
Deferred consideration related to prior year acquisitions	(12)		(12)
Payments of deferred and contingent consideration for acquisitions	$	(13)	$	(16)

Receipts of contingent consideration for dispositions	$	2	$	3

The Company had non-cash issuances of common stock under its share-based payment plan of $290 million and $250 million for the three months ended March 31, 2023 and 2022, respectively. The Company recorded share-based compensation expense related to restricted stock units, performance stock units and stock options of $99 million and $105 million for the three months ended March 31, 2023 and 2022, respectively.