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Acquisitions and Dispositions (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule For Allocation of Acquisition Costs
The following table presents the preliminary allocation of purchase consideration to the assets acquired and liabilities assumed in 2023, based on the estimated fair values for the acquisitions as of their respective acquisition dates. Amounts in the table primarily reflect the impact of Honan Insurance Group, Graham Company and the Westpac Transaction.
Acquisitions for the Year Ended December 31, 2023
(In millions)
Cash$1,140 
Estimated fair value of deferred/contingent consideration41 
Total consideration$1,181 
Allocation of purchase price:
Cash and cash equivalents$48 
Cash and cash equivalents held in a fiduciary capacity93 
Net receivables46 
Other current assets9 
Goodwill813 
Other intangible assets427 
Fixed assets, net3 
Right of use assets17 
Total assets acquired1,456 
Current liabilities68 
Fiduciary liabilities93 
Other liabilities114 
Total liabilities assumed275 
Net assets acquired$1,181 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
The following table provides information about other intangible assets acquired in 2023:
Other intangible assets through December 31, 2023
(In millions)
Amount Weighted Average Amortization Period
Customer relationships$407 12.8 years
Other20 4.0 years
Total other intangible assets$427 
Schedule of Pro-Forma Information
For the Years Ended December 31,
(In millions, except per share data)202320222021
Revenue$22,904 $21,238 $20,220 
Net income attributable to the Company$3,807 $3,058 $3,177 
Basic net income per share attributable to the Company$7.71 $6.12 $6.27 
Diluted net income per share attributable to the Company$7.63 $6.06 $6.20