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Supplemental Disclosures to the Consolidated Statements of Cash Flows
3 Months Ended
Mar. 31, 2024
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 three months ended March 31, 2024 and 2023:
(In millions)20242023
Assets acquired, excluding cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity$372 $17 
Acquisition-related deposit 252 
Fiduciary liabilities assumed(5)— 
Liabilities assumed(15)(2)
Contingent/deferred purchase consideration(51)(4)
Net cash outflow for acquisitions $301 $263 
(In millions)20242023
Interest paid$225 $165 
Income taxes paid, net of refunds$239 $223 
The classification of contingent consideration in the consolidated statements of cash flows is dependent upon whether the receipt or payment was part of the initial liability established on the acquisition date (financing) or an adjustment to the acquisition date liability (operating).
The following amounts are included in the consolidated statements of cash flows as operating and financing activities:
For the Three Months Ended March 31,
(In millions)20242023
Operating:
Contingent consideration payments for prior year acquisitions$(14)$— 
Receipt of contingent consideration for dispositions 
Acquisition/disposition related net charges for adjustments6 
Adjustments and payments related to contingent consideration$(8)$
Financing:
Contingent consideration for prior year acquisitions $(12)$(1)
Deferred consideration related to prior year acquisitions (3)(12)
Payments of deferred and contingent consideration for acquisitions$(15)$(13)
Receipts of contingent consideration for dispositions$ $
The Company had non-cash issuances of common stock in accordance with its share-based payment plan of $309 million and $290 million for the three months ended March 31, 2024 and 2023, respectively.
The Company recorded share-based compensation expense related to restricted stock units, performance stock units and stock options of $103 million and $99 million for the three months ended March 31, 2024 and 2023, respectively.