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Supplemental Disclosures to the Consolidated Statements of Cash Flows
9 Months Ended
Sep. 30, 2023
Supplemental Cash Flow Information [Abstract]  
Supplemental Disclosures to the Consolidated Statements of Cash Flows Supplemental Disclosures to the Consolidated Statements of Cash Flows
The following table provides additional information concerning acquisitions, interest and income taxes paid for the nine months ended September 30, 2023 and 2022:
(In millions)20232022
Assets acquired, excluding cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity$760 $236 
Acquisition-related deposit 24 
Fiduciary liabilities assumed(14)(2)
Liabilities assumed(98)(28)
Contingent/deferred purchase consideration(29)(17)
Net cash outflow for acquisitions $619 $213 
(In millions)20232022
Interest paid$427 $388 
Income taxes paid, net of refunds$699 $697 
The classification of contingent consideration in the consolidated statements of cash flows is dependent upon whether the receipt or payment was part of the initial liability established on the acquisition date (financing) or an adjustment to the acquisition date liability (operating).
The following amounts are included in the consolidated statements of cash flows as operating and financing activities:
For the Nine Months Ended September 30,
(In millions)20232022
Operating:
Contingent consideration payments for prior year acquisitions$(41)$(38)
Receipt of contingent consideration for dispositions1 — 
Acquisition/disposition related net charges for adjustments21 38 
Adjustments and payments related to contingent consideration$(19)$— 
Financing:
Contingent consideration for prior year acquisitions $(135)$(28)
Deferred consideration related to prior year acquisitions (52)(116)
Payments of deferred and contingent consideration for acquisitions$(187)$(144)
Receipts of contingent consideration for dispositions$2 $
The Company had non-cash issuances of common stock under its share-based payment plan of $304 million and $366 million for the nine months ended September 30, 2023 and 2022, respectively.
The Company recorded share-based compensation expense related to restricted stock units, performance stock units and stock options of $82 million and $273 million for the three and nine months ended September 30, 2023, respectively, and $89 million and $283 million for the three and nine months ended September 30, 2022, respectively.