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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following fair value hierarchy table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis at December 31, 2023 and 2022:
(In millions)Identical Assets
(Level 1)
Observable Inputs
(Level 2)
Unobservable Inputs
(Level 3)
Total
12/31/2312/31/2212/31/2312/31/2212/31/2312/31/2212/31/2312/31/22
Assets:
Financial instruments owned:
Exchange traded equity securities (a)
$5 $$ $— $ $— $5 $
Mutual funds (a)
178 162  —  — 178 162 
Money market funds (b)
606 146  —  — 606 146 
Other equity investment (a)
 —  13  —  13 
Contingent purchase consideration asset (c)
 —  — 1 1 
Total assets measured at fair value$789 $314 $ $13 $1 $$790 $330 
Fiduciary Assets:
Money market funds180 201  —  — 180 201 
Total fiduciary assets measured at fair value$180 $201 $ $— $ $— $180 $201 
Liabilities:
Contingent purchase consideration liability (d)
$ $— $ $— $252 $377 $252 $377 
Total liabilities measured at fair value$ $— $ $— $252 $377 $252 $377 
(a) Included in other assets in the consolidated balance sheets.
(b) Included in cash and cash equivalents in the consolidated balance sheets.    
(c) Included in other receivables in the consolidated balance sheets.
(d) Included in accounts payable and accrued liabilities and other liabilities in the consolidated balance sheets.
Schedule of Changes in Fair Value of Level 3 Liabilities Representing Acquisition Related Contingent Consideration
The following table sets forth a summary of the changes in fair value of the Company’s Level 3 liabilities for the years ended December 31, 2023 and December 31, 2022.
(In millions)20232022
Balance at January 1,$377 $352 
Net additions22 46 
Payments(176)(70)
Revaluation impact29 49 
Balance at December 31,$252 $377