COGNIZANT TECHNOLOGY SOLUTIONS CORP, 10-K filed on 2/12/2026
Annual Report
v3.25.4
Cover Cover - USD ($)
$ in Billions
 12 Months Ended
Dec. 31, 2025
Feb. 06, 2026
Jun. 30, 2025
Cover [Abstract]      
Document Type 10-K    
Document Annual Report true    
Current Fiscal Year End Date --12-31    
Document Period End Date Dec. 31, 2025    
Document Transition Report false    
Entity File Number 0-24429    
Entity Registrant Name COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 13-3728359    
Entity Address, Address Line One 300 Frank W. Burr Blvd., Suite 36, 6th Floor    
Entity Address, City or Town Teaneck    
Entity Address, State or Province NJ    
Entity Address, Postal Zip Code 07666    
City Area Code 201    
Local Phone Number 801-0233    
Title of 12(b) Security Class A Common Stock, $0.01 par value per share    
Trading Symbol CTSH    
Security Exchange Name NASDAQ    
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Large Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag true    
Document Financial Statement Error Correction [Flag] false    
Entity Shell Company false    
Entity Public Float     $ 38.1
Entity Common Stock, Shares Outstanding   478,246,920  
Documents Incorporated by Reference The following documents are incorporated by reference into the Annual Report on Form 10-K: Portions of the registrant’s definitive Proxy Statement for its 2026 Annual Meeting of Stockholders are incorporated by reference into Part III of this Report.    
Amendment Flag false    
Document Fiscal Year Focus 2025    
Document Fiscal Period Focus FY    
Entity Central Index Key 0001058290    
v3.25.4
Audit Information
 12 Months Ended
Dec. 31, 2025
Audit Information [Abstract]  
Auditor Firm ID 238
Auditor Name PricewaterhouseCoopers LLP
Auditor Location New York, New York
v3.25.4
Consolidated Statements Of Financial Position - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 1,901 $ 2,231
Short-term investments 13 12
Trade accounts receivable, net 4,439 4,059
Other current assets 1,465 1,202
Total current assets 7,818 7,504
Property and equipment, net 933 994
Operating lease assets, net 573 552
Goodwill 7,106 6,953
Intangible assets, net 1,417 1,599
Deferred income tax assets, net 967 1,248
Long-term investments 111 90
Other noncurrent assets 1,767 1,026
Total assets 20,692 19,966
Liabilities and Stockholders’ Equity    
Accounts payable 308 340
Deferred revenue 501 450
Short-term debt 33 33
Operating lease liabilities 153 152
Accrued expenses and other current liabilities 2,664 2,610
Total current liabilities 3,659 3,585
Deferred revenue, noncurrent 37 30
Operating lease liabilities, noncurrent 423 420
Deferred income tax liabilities, net 168 154
Long-term debt 543 875
Other noncurrent liabilities 847 494
Total liabilities 5,677 5,558
Commitments and contingencies (See Note 14)
Stockholders' Equity:    
Preferred stock, $0.10 par value, 15 shares authorized, none issued 0 0
Class A common stock, $0.01 par value, 1,000 shares authorized, 479 and 495 shares issued and outstanding as of December 31, 2025 and 2024, respectively 5 5
Additional paid-in capital 12 13
Retained earnings 15,158 14,686
Accumulated other comprehensive income (loss) (160) (296)
Total stockholders’ equity 15,015 14,408
Total liabilities and stockholders’ equity $ 20,692 $ 19,966
v3.25.4
Consolidated Statements Of Financial Position (Parenthetical) - $ / shares
Dec. 31, 2025
Dec. 31, 2024
Statement of Financial Position [Abstract]    
Preferred stock, par value $ 0.10 $ 0.10
Preferred stock, shares authorized 15,000,000 15,000,000
Preferred stock, issued 0 0
Class A common stock, par value $ 0.01 $ 0.01
Class A common stock, shares authorized 1,000,000,000 1,000,000,000
Class A common stock, shares issued 479,000,000 495,000,000
Class A common stock, shares outstanding 479,000,000 495,000,000
v3.25.4
Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenues $ 21,108 $ 19,736 $ 19,353
Operating expenses:      
Cost of revenues (exclusive of depreciation and amortization expense shown separately below) 13,991 12,958 12,664
Selling, general and administrative expenses 3,240 3,223 3,252
Restructuring charges 0 134 229
Depreciation and amortization expense 550 529 519
Income from operations 3,389 2,892 2,689
Other income (expense), net:      
Interest income 105 119 126
Interest expense (37) (54) (41)
Foreign currency exchange gains (losses), net 18 (19) 2
Other, net 4 0 11
Total other income (expense), net 90 46 98
Income before provision for income taxes 3,479 2,938 2,787
Provision for income taxes (1,258) (713) (668)
Income (loss) from equity method investments 9 15 7
Net income $ 2,230 $ 2,240 $ 2,126
Basic earnings per share $ 4.57 $ 4.52 $ 4.21
Diluted earnings per share $ 4.56 $ 4.51 $ 4.21
Weighted average number of common shares outstanding—Basic 488 496 505
Dilutive effect of shares issuable under stock-based compensation plans 1 1 0
Weighted average number of common shares outstanding—Diluted 489 497 505
Gain on sale of property and equipment $ (62) $ 0 $ 0
v3.25.4
Consolidated Statements Of Comprehensive Income - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]      
Net income $ 2,230 $ 2,240 $ 2,126
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments 266 (150) 144
Unrealized gains and losses on cash flow hedges (38) (35) 61
Changes in net defined benefit obligations (92) (17) 0
Other comprehensive income (loss) 136 (202) 205
Comprehensive income $ 2,366 $ 2,038 $ 2,331
v3.25.4
Consolidated Statements Of Stockholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2022 $ 12,309 $ 5 $ 15 $ 12,588 $ (299)
Beginning balance, shares at Dec. 31, 2022   509,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 2,126     2,126  
Other comprehensive income (loss) 205       205
Other comprehensive income (loss) 205        
Common stock issued, stock-based compensation plans 71   71    
Common stock issued, stock based compensation plans and other, shares   4,000      
Stock-based compensation expense 176   176    
Repurchases of common stock $ (1,070)   (247) (823)  
Repurchases of common stock, shares   (15,000)      
Dividends declared per common share (in usd per share) $ 1.16        
Dividends declared $ (590)     (590)  
Ending balance at Dec. 31, 2023 13,227 $ 5 15 13,301 (94)
Ending balance, shares at Dec. 31, 2023   498,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 2,240     2,240  
Other comprehensive income (loss) (202)       (202)
Other comprehensive income (loss) (202)        
Common stock issued, stock-based compensation plans 63   63    
Common stock issued, stock based compensation plans and other, shares   4,000      
Stock-based compensation expense 175   175    
Repurchases of common stock $ (608)   (353) (255)  
Repurchases of common stock, shares   (8,000)      
Dividends declared per common share (in usd per share) $ 1.20        
Dividends declared $ (600)     (600)  
Ending balance at Dec. 31, 2024 $ 14,408 $ 5 13 14,686 (296)
Ending balance, shares at Dec. 31, 2024 495,000 495,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock Issued During Period, Shares, Acquisitions   1,000      
Stock Issued During Period, Value, Acquisitions $ 113   113    
Net income 2,230     2,230  
Other comprehensive income (loss) 136       136
Other comprehensive income (loss) 136        
Common stock issued, stock-based compensation plans 58   58    
Common stock issued, stock based compensation plans and other, shares   3,000      
Stock-based compensation expense 181   181    
Repurchases of common stock $ (1,388)   (240) (1,148)  
Repurchases of common stock, shares   (19,000)      
Dividends declared per common share (in usd per share) $ 1.24        
Dividends declared $ (610)     (610)  
Ending balance at Dec. 31, 2025 $ 15,015 $ 5 $ 12 $ 15,158 $ (160)
Ending balance, shares at Dec. 31, 2025 479,000 479,000      
v3.25.4
Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income $ 2,230 $ 2,240 $ 2,126
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 550 542 555
Deferred income taxes 327 (355) (339)
Stock-based compensation expense 181 175 176
Gain on sale of property and equipment (62) 0 0
Other, net (5) 32 1
Changes in assets and liabilities:      
Trade accounts receivable (366) (49) (43)
Other current and noncurrent assets (118) (386) 123
Accounts payable (2) (23) (23)
Deferred revenue, current and noncurrent 55 44 (4)
Other current and noncurrent liabilities 93 (96) (242)
Net cash provided by operating activities 2,883 2,124 2,330
Cash flows from investing activities:      
Purchases of property and equipment (288) (297) (317)
Purchases of available-for-sale investment securities 0 0 (59)
Proceeds from maturity of available-for-sale investment securities 0 0 285
Purchases of held-to-maturity investment securities 0 0 (3)
Proceeds from maturity of held-to-maturity investment securities 0 3 24
Purchases of other investments (17) (2) (379)
Proceeds from maturity or sale of other investments 5 265 527
Proceeds from sale of property and equipment 70 0 0
Payments for business combinations, net of cash acquired 0 (1,615) (409)
Net cash (used in) investing activities (230) (1,646) (331)
Cash flows from financing activities:      
Issuance of common stock under stock-based compensation plans 58 63 71
Repurchases of common stock (1,378) (605) (1,064)
Repayment of Term Loan borrowings and earnout and finance leases obligations (42) (73) (25)
Proceeds from borrowings under the revolving credit facility 0 600 0
Repayments of Long-Term Lines of Credit (300) (300) 0
Dividends paid (610) (600) (591)
Net cash (used in) financing activities (2,272) (915) (1,609)
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation 22 (49) 33
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 403 (486) 423
Cash, cash equivalents and restricted cash and cash equivalents, beginning of year 2,231 2,717 2,294
Cash, cash equivalents and restricted cash and cash equivalents, end of year 2,634 2,231 2,717
Supplemental information:      
Cash paid for income taxes during the year 985 1,120 1,245
Cash interest paid during the year $ 36 $ 53 $ 40
v3.25.4
Consolidated Statements Of Stockholders' Equity (Parenthetical) - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Statement of Stockholders' Equity [Abstract]        
Dividends declared per common share (in usd per share) $ 1.24 $ 1.20 $ 1.16  
Common stock issued, stock-based compensation plans $ 58 $ 63 $ 71  
Class A common stock, shares outstanding 479 495    
Stockholders' Equity Attributable to Parent $ 15,015 $ 14,408 13,227 $ 12,309
Repurchases of common stock (1,388) (608) (1,070)  
Other comprehensive income (loss) 136 (202) 205  
Net income 2,230 2,240 2,126  
Other comprehensive income (loss) 136 (202) 205  
Stock-based compensation expense 181 175 176  
Dividends declared $ (610) $ (600) $ (590)  
v3.25.4
Business Description and Summary of Significant Accounting Policies
 12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Business Description and Summary of Significant Accounting Policies
The terms “Cognizant,” “we,” “our,” “us” and “the Company” refer to Cognizant Technology Solutions Corporation and its subsidiaries unless the context indicates otherwise.
Description of Business. We are one of the world’s leading professional services companies, engineering modern businesses and delivering strategic outcomes for our clients. We help clients modernize technology, reimagine processes and transform experiences so they can stay ahead in today's fast-changing world, where AI is reshaping organizations in every field. As an AI builder, we provide deep expertise at the intersection of industry and technology, combining our perspective with extensive knowledge of our clients' organizations to build industry-specific platforms and incorporate context into systems, AI models and custom solutions. We tailor our services and solutions to specific industries with an integrated global delivery model that employs client service and delivery teams based at client locations and dedicated global and regional delivery centers. Our services include consulting, application development, systems integration, quality engineering and assurance, engineering research and development, application maintenance, infrastructure and security as well as business process services and automation.
Basis of Presentation, Principles of Consolidation and Use of Estimates. The consolidated financial statements are presented in accordance with GAAP and reflect the consolidated financial position, results of operations, comprehensive income and cash flows of our consolidated subsidiaries for all periods presented. All intercompany balances and transactions have been eliminated in consolidation.

The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying disclosures. We evaluate our estimates on a continuous basis. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. The actual amounts may vary from the estimates used in the preparation of the accompanying consolidated financial statements.
Cash and Cash Equivalents. Cash and cash equivalents consist of all cash balances, including money market funds and time deposits that have a maturity, at the date of purchase, of 90 days or less.
Financial Assets and Liabilities. Cash and certain cash equivalents, time deposits, trade receivables, accounts payable and other accrued liabilities are short-term in nature and, accordingly, their carrying values approximate fair value.
Property and Equipment. Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets. Leasehold improvements are amortized on a straight-line basis over the shorter of the term of the lease or the estimated useful life of the asset. Deposits paid towards acquisition of long-lived assets and the cost of assets not put in use by the balance sheet date are disclosed under the caption "Capital work-in-progress" in Note 5.
Leases. Our lease asset classes primarily consist of operating leases for office space, data centers and IT equipment. At inception of a contract, we determine whether a contract contains a lease, and if a lease is identified, whether it is an operating or finance lease. In determining whether a contract contains a lease we consider whether (1) we have the right to obtain substantially all of the economic benefits from the use of the asset throughout the term of the contract, (2) we have the right to direct how and for what purpose the asset is used throughout the term of the contract and (3) we have the right to operate the asset throughout the term of the contract without the lessor having the right to change the terms of the contract. Some of our lease agreements contain both lease and non-lease components that we account for as a single lease component for all of our lease asset classes.
Our ROU lease assets represent our right to use an underlying asset for the lease term and may include any advance lease payments made and any initial direct costs and exclude lease incentives. Our lease liabilities represent our obligation to make lease payments arising from the terms of the lease. ROU lease assets and lease liabilities are recognized at the commencement of the lease and are calculated using the present value of lease payments over the lease term. Typically, our lease agreements do not provide sufficient detail to determine the rate implicit in the lease. Therefore, we use our estimated country-specific incremental borrowing rate based on information available at the commencement date of the lease to calculate the present value of the lease payments. In estimating our country-specific incremental borrowing rates, we consider market rates of comparable collateralized borrowings for similar terms. Our lease terms may include the option to extend or terminate the lease before the
end of the contractual lease term. Our ROU lease assets and lease liabilities include these options when it is reasonably certain that they will be exercised.
A portion of our real estate lease costs is subject to annual changes in the CPI. Changes in CPI subsequent to the lease commencement are treated as variable lease payments and are recognized in the period in which the obligation for those payments is incurred. Other variable lease costs primarily relate to adjustments for common area maintenance, utilities, property tax and lease concessions. These variable costs are recognized in the period in which the obligation is incurred.

We do not recognize ROU assets and lease liabilities for short-term leases with a term equal to or less than 12 months. We recognize the lease payments in our income statement as a single lease cost on a straight-line basis over the lease term and variable lease payments in the period in which the obligation for those payments is incurred.

Both ROU assets and finance lease assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the related asset group may not be recoverable.
Internal Use Software. We capitalize certain costs that are incurred to purchase, develop and implement internal-use software during the application development phase, which primarily include coding, testing and certain data conversion activities. These capitalized costs are reported in "Property and equipment, net" in our consolidated statements of financial position. Capitalized costs are amortized on a straight-line basis over the useful life of the software. Costs incurred in performing planning and post-implementation activities are expensed as incurred.
Cloud Computing Arrangements. We defer certain implementation costs that are incurred when implementing cloud computing service or software-as-a-service arrangements, which primarily include efforts associated with configuration and development activities. These capitalized costs are reported in "Other current assets" and "Other noncurrent assets" in our consolidated statements of financial position. Once the service is ready for use, deferred costs are expensed over the non-cancelable term, including reasonably certain renewals, of the arrangement and recognized in income from operations in the same line item as the related hosting service fees.
Software to be Sold, Leased or Marketed. We capitalize costs incurred after technological feasibility is reached but before software is available for general release to clients, which primarily include coding and testing activities. Once the product is ready for general release, capitalized costs are amortized over the useful life of the software.
Business Combinations. We account for business combinations using the acquisition method, which requires the identification of the acquirer, the determination of the acquisition date and the allocation of the purchase price paid by the acquirer to the identifiable tangible and intangible assets acquired, the liabilities assumed, including any contingent consideration and any noncontrolling interest in the acquiree at their acquisition date fair values. Goodwill represents the excess of the purchase price over the fair value of net assets acquired, including the amount assigned to identifiable intangible assets. Identifiable intangible assets with finite lives are amortized over their expected useful lives. Acquisition-related costs are expensed in the periods in which the costs are incurred. The results of operations of acquired businesses are included in our consolidated financial statements from the acquisition date.
Equity Method Investments. Equity investments that give us the ability to exercise significant influence, but not control, over an investee are accounted for using the equity method of accounting and recorded in the caption "Long-term investments" on our consolidated statements of financial position. As of December 31, 2025 and 2024, we had an equity method investment of $104 million and $84 million, respectively, in the technology sector.
Equity method investments are initially recorded at cost. We periodically review the carrying value of our equity method investments to determine if there has been an other-than-temporary decline in the carrying value. The investment balance is increased to reflect contributions and our share of earnings and decreased to reflect our share of losses, distributions and other-than-temporary impairments. Our proportionate share of the net income or loss of the investee is recorded in the caption "Income (loss) from equity method investments" on our consolidated statements of operations.
Long-lived Assets and Finite-lived Intangible Assets. We review long-lived assets and certain finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset group may not be recoverable. The carrying amount may not be recoverable when the sum of undiscounted expected future cash flows is less than the carrying amount of such asset groups. The impairment loss is determined as the amount by which the carrying amount of the asset group exceeds its fair value. Intangible assets consist primarily of customer relationships and developed technology, which are being amortized on a straight-line basis over their estimated useful lives.
Goodwill and Indefinite-lived Intangible Assets. At each acquisition date, we allocate goodwill and intangible assets to our industry-based reporting units based on how we expect each reporting unit to benefit from the respective business combination. A reporting unit is defined as an operating segment or one level below an operating segment. While we manage the business through our four industry-based operating segments, we have identified seven industry-based reporting units. We evaluate goodwill and indefinite-lived intangible assets for impairment at least annually, or as circumstances warrant. Goodwill is evaluated at the reporting unit level by comparing the fair value of the reporting unit with its carrying amount including goodwill. An impairment of goodwill exists if the carrying amount of the reporting unit exceeds its fair value. The impairment loss is the amount by which the carrying amount exceeds the reporting unit’s fair value, limited to the total amount of goodwill allocated to that reporting unit. For indefinite-lived intangible assets, if our qualitative assessment indicates that it is more-likely-than-not that an indefinite-lived intangible asset is impaired, we test the assets for impairment by comparing the fair value of such assets to their carrying value. If an impairment is indicated, a write down to the fair value of indefinite-lived intangible asset is recorded.
Stock Repurchase Program. Under the Board of Directors authorized stock repurchase program, the Company is authorized to repurchase its Class A common stock through open market purchases, including under a 10b5-1 Plan, in accordance with applicable federal securities laws. We account for the repurchased shares as constructively retired. Shares are returned to the status of authorized and unissued shares at the time of repurchase. To reflect share repurchases in the consolidated statements of financial position, we (1) reduce common stock for the par value of the shares, (2) reduce additional paid-in capital for the amount in excess of par during the period in which the shares are repurchased and (3) record any residual amount in excess of available additional paid-in capital as a reduction to retained earnings. Cash outflows for repurchases are classified as financing activities.
Revenue Recognition. We recognize revenues as we transfer control of deliverables (products, solutions and services) to our clients in an amount reflecting the consideration to which we expect to be entitled. To recognize revenues, we apply the following five step approach: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenues when a performance obligation is satisfied. We account for a contract when it has approval and commitment from all parties, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectibility of consideration is probable. We apply judgment in determining the customer’s ability and intention to pay based on a variety of factors, including the customer’s historical payment experience.
For performance obligations where control is transferred over time, revenues are recognized based on the extent of progress towards completion of the performance obligation. The selection of the method to measure progress towards completion requires judgment and is based primarily on the nature of the deliverables to be provided.
Revenues related to fixed-price contracts for application development and systems integration services, consulting or other technology services are recognized as the service is performed using the cost-to-cost method, under which the total value of revenues is recognized on the basis of the percentage that each contract’s total labor cost to date bears to the total expected labor costs. Revenues related to fixed-price application maintenance, quality engineering and assurance as well as business process services are recognized based on our right to invoice for services performed for contracts in which the invoicing is representative of the value being delivered. If our invoicing is not consistent with the value delivered, revenues are recognized as the service is performed based on the cost-to-cost method described above. The cost-to-cost method requires estimation of future costs, which is updated as the project progresses to reflect the latest available information. Such estimates and changes in estimates involve the use of judgment. The cumulative impact of any revision in estimates is reflected in the financial reporting period in which the change in estimate becomes known and any anticipated losses on contracts are recognized immediately, where appropriate.

Revenues related to fixed-price hosting and infrastructure and security services are recognized based on our right to invoice for services performed for contracts in which the invoicing is representative of the value being delivered. If our invoicing is not consistent with the value delivered, revenues are recognized on a straight-line basis unless revenues are earned and obligations are fulfilled in a different pattern. The revenue recognition method applied to the types of contracts described above provides the most faithful depiction of performance towards satisfaction of our performance obligations; for example, the cost-to-cost method is used when the value of services provided to the customer is best represented by the costs expended to deliver those services.

Revenues related to our time-and-materials, transaction-based or volume-based contracts are recognized over the period the services are provided either using an output method such as labor hours, or a method that is otherwise consistent with the way in which value is delivered to the customer.
Revenues related to our non-hosted software license arrangements that do not require significant modification or customization of the underlying software are recognized when the software is delivered as control is transferred at a point in time. For software license arrangements that require significant functionality enhancements or modification of the software, revenues for the software license and related services are recognized as the services are performed in accordance with the methods applicable to application development and systems integration services described above. In software hosting arrangements, the rights provided to the customer, such as ownership of a license, contract termination provisions and the feasibility of the client to operate the software, are considered in determining whether the arrangement includes a license or a service. Sales-based and usage-based fees promised in exchange for licenses of intellectual property are not recognized as revenue until the uncertainty related to the variable amounts is resolved. Revenues related to software maintenance and support are recognized on a straight-line basis over the contract period.

Incentive revenues, volume discounts, or any other form of variable consideration is estimated using either the sum of probability weighted amounts in a range of possible consideration amounts (expected value) or the single most likely amount in a range of possible consideration amounts (most likely amount), depending on which method better predicts the amount of consideration to which we may be entitled. We include in the transaction price variable consideration only to the extent it is probable that a significant reversal of revenues recognized will not occur when the uncertainty associated with the variable consideration is resolved. Our estimates of variable consideration and determination of whether and when to include estimated amounts in the transaction price may involve judgment and are based largely on an assessment of our anticipated performance and all information that is reasonably available to us.

Revenues also include the reimbursement of out-of-pocket expenses. Our warranties generally provide a customer with assurance that the related deliverable will function as the parties intended because it complies with agreed-upon specifications and are therefore not considered an additional performance obligation in the contract.

We enter into arrangements that consist of multiple performance obligations. Such arrangements may include any combination of our deliverables. To the extent a contract includes multiple promised deliverables, we apply judgment to determine whether promised deliverables are capable of being distinct and are distinct in the context of the contract. If these criteria are not met, the promised deliverables are accounted for as a combined performance obligation. For arrangements with multiple distinct performance obligations, we allocate consideration among the performance obligations based on their relative standalone selling price. Standalone selling price is the price at which we would sell a promised good or service separately to the customer. When not directly observable, we typically estimate standalone selling price by using the expected cost plus margin or, in limited circumstances, the residual value approach. We typically establish a standalone selling price range for our deliverables, which is reassessed on a periodic basis or when facts and circumstances change.

We assess the timing of the transfer of goods or services to the customer as compared to the timing of payments to determine whether a significant financing component exists. As a practical expedient, we do not assess the existence of a significant financing component when the difference between payment and transfer of deliverables is a year or less. If the difference in timing arises for reasons other than the provision of finance to either the customer or us, no financing component is deemed to exist. The primary purpose of our invoicing terms is to provide customers with simplified and predictable ways of purchasing our services, not to receive or provide financing from or to customers. We do not consider set-up or transition fees paid upfront by our customers to represent a financing component, as such fees are required to encourage customer commitment to the project and protect us from early termination of the contract.

Our contracts may be modified to add, remove or change existing performance obligations. The accounting for modifications to our contracts involves assessing whether the services added to an existing contract are distinct and whether the pricing is at the standalone selling price. Services added that are not distinct are accounted for on a cumulative catch up basis, while those that are distinct are accounted for prospectively, either as a separate contract if the additional services are priced at the standalone selling price, or as a termination of the existing contract and creation of a new contract if not priced at the standalone selling price. Services added to our application development and systems integration service contracts are typically not distinct, while services added to our other contracts, including application maintenance, quality engineering and assurance as well as business process services contracts, are typically distinct.
We enter into arrangements with third party suppliers to resell products or services. In such cases, we evaluate whether we are the principal (i.e., report revenues on a gross basis) or agent (i.e., report revenues on a net basis). In doing so, we evaluate whether we control the good or service before it is transferred to the customer. If we control the good or service before it is transferred to the customer, we are the principal; if not, we are the agent. Determining whether we control the good or service before it is transferred to the customer requires significant judgment.
Trade Accounts Receivable, Contract Assets and Contract Liabilities. We classify our right to consideration in exchange for deliverables as either a receivable or a contract asset. A receivable is a right to consideration that is unconditional (i.e., only the passage of time is required before payment is due). For example, we recognize a receivable for revenues related to our time and materials and transaction or volume-based contracts when earned regardless of whether amounts have been billed. We present such receivables in "Trade accounts receivable, net" in our consolidated statements of financial position at their net estimated realizable value. A contract asset is a right to consideration that is conditional upon factors other than the passage of time. Contract assets are presented in "Other current assets" or "Other noncurrent assets" in our consolidated statements of financial position, based on the expected timing of billing, and primarily relate to unbilled amounts on fixed-price contracts utilizing the cost-to-cost method of revenue recognition. Our contract liabilities, or deferred revenue, consist of advance payments from clients and billings in excess of revenues recognized. We classify deferred revenue as current or noncurrent based on the timing of when we expect to recognize the revenues.
Our contract assets and contract liabilities are reported on a net basis by contract at the end of each reporting period. The difference between the opening and closing balances of our contract assets and contract liabilities primarily results from the timing difference between our performance obligations and the client’s payment. We receive payments from clients based on the terms established in our contracts, which vary from contract to contract.
Allowance for Credit Losses. We calculate expected credit losses for our trade accounts receivable and contract assets. Expected credit losses include losses expected based on known credit issues with specific customers as well as a general expected credit loss allowance based on relevant information, including historical loss rates, current conditions, and reasonable economic forecasts that affect collectibility. We update our allowance for credit losses on a quarterly basis with changes in the allowance recognized in income from operations.
Costs to Fulfill. Recurring operating costs for contracts with customers are recognized as incurred. Certain eligible, nonrecurring costs (i.e., set-up or transition costs) are capitalized when such costs (1) relate directly to the contract, (2) generate or enhance resources of the Company that will be used in satisfying the performance obligation in the future, and (3) are expected to be recovered. These costs are expensed ratably over the estimated life of the customer relationship, including expected contract renewals. In determining the estimated life of the customer relationship, we evaluate the average contract term on a portfolio basis by nature of the services to be provided, and apply judgment in evaluating the rate of technological and industry change. Capitalized amounts are monitored regularly for impairment. Impairment losses are recorded when projected remaining consideration that has not already been recognized as revenue less costs related to the services being provided are not sufficient to recover the carrying amount of the capitalized costs to fulfill. Costs to fulfill are recorded in "Other noncurrent assets" in our consolidated statements of financial position and the amortization expense of costs to fulfill is included in "Cost of revenues" in our consolidated statements of operations.
Stock-Based Compensation. Stock-based compensation expense for awards of equity instruments to employees and non-employee directors is determined based on the grant date fair value of those awards. We recognize these compensation costs net of an estimated forfeiture rate over the requisite service period of the award. Forfeitures are estimated on the date of grant and revised if actual or expected forfeiture activity differs materially from original estimates. Stock-based compensation expense relating to RSUs and PSUs is recognized as shares vest over the requisite service period. If the minimum performance targets are not met, no compensation cost is recognized and any recognized compensation cost is reversed, except for awards subject to a market condition. The fair value of RSUs and PSUs is determined based on the number of stock units granted and the quoted price of our stock at the date of grant. The fair value of PSUs granted subject to a market condition is determined using a Monte Carlo valuation model.
Foreign Currency. The assets and liabilities of our foreign subsidiaries whose functional currency is not the U.S. dollar are translated into U.S. dollars at current exchange rates while revenues and expenses are translated at average monthly exchange rates. The resulting translation adjustments are recorded in the caption "Accumulated other comprehensive income (loss)" on the consolidated statements of financial position.
Foreign currency transactions and balances are those that are denominated in a currency other than the entity’s functional currency. An entity's functional currency is the currency of the primary economic environment in which it operates. The U.S. dollar is the functional currency for some of our foreign subsidiaries. For these subsidiaries, transactions and balances denominated in the local currency are foreign currency transactions. Foreign currency transactions and balances related to non-monetary assets and liabilities are remeasured to the functional currency of the entity at historical exchange rates while monetary assets and liabilities are remeasured to the functional currency of the entity at current exchange rates. Foreign currency exchange gains or losses from remeasurement are included in the caption "Foreign currency exchange gains (losses), net" on our consolidated statements of operations together with gains or losses on our undesignated foreign currency hedges.
Derivative Financial Instruments. Derivative financial instruments are recorded on our consolidated statements of financial position as either an asset or liability measured at its fair value as of the reporting date. Our derivative financial instruments consist primarily of foreign exchange forward and option contracts. We designate certain derivative instruments as accounting hedges when the relationship is formally documented and the hedge is expected to be highly effective in achieving offsetting changes in the fair value of or cash flows of the hedged item. Changes in our derivatives’ fair values are recognized in net income unless specific hedge accounting and documentation criteria are met (i.e., the instruments are designated and accounted for as hedges). For derivative instruments designated as cash flow hedges, the entire change in fair value of the hedging instrument is recorded in the caption "Accumulated other comprehensive income (loss)" in the consolidated statements of financial position. Upon occurrence of the hedged transaction, the gains and losses on the derivative are recognized in net income. The cash flow impacts of all derivative activities are reflected as cash flows from operating activities.
Defined Benefit Plans. The funded status of the defined benefit plans, which is measured as the difference between the projected benefit obligation and the fair value of plan assets, is recognized on the consolidated statement of financial position. The projected benefit obligation is measured annually using actuarial valuation. Net periodic benefit cost includes service cost, interest cost, expected return on plan assets, and amortization of gains and losses and prior service costs. Gains and losses and prior service costs are initially recognized as a component of other comprehensive income and subsequently amortized and recognized as a component of net periodic benefit cost applying the requirements of applicable accounting guidance. Assumptions used in measuring the benefit obligation and net periodic benefit cost, such as discount rates and expected return on plan assets, are reviewed annually and updated as needed.
Income Taxes. We provide for income taxes utilizing the asset and liability method of accounting. Under this method, deferred income taxes are recorded to reflect the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts at each balance sheet date, based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. If it is determined that it is more likely than not that future tax benefits associated with a deferred income tax asset will not be realized, a valuation allowance is provided. The effect of a change in tax rates on deferred income tax assets and liabilities is recognized in the provision for income taxes in the period that includes the enactment date.
Our provision for income taxes also includes the impact of reserves established for uncertain income tax positions, as well as the related interest, which may require us to apply judgment to complex issues and may require an extended period of time to resolve. We apply a “more likely than not” threshold when assessing the need for a reserve for an uncertain tax position, which involves significant judgment. Although we believe we have adequately reserved for our uncertain tax positions, no assurance can be given that the final outcome of these matters will not differ from our recorded amounts. We adjust these reserves in light of changing facts and circumstances, such as the closing of a tax audit or the expiration of the applicable statute of limitations. Additionally, we have tax positions that we believe are more likely than not to be realized and for which we have therefore not established a reserve. To the extent that the final outcome of these matters differs from the amounts recorded, such differences may materially impact, positively or negatively, the provision for income taxes in the period in which such determination is made. Interest and penalties related to uncertain tax positions are recognized in the provision for income taxes.
Earnings Per Share. Basic EPS is computed by dividing earnings available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS, computed using the treasury stock method, includes all potential dilutive common stock in the weighted average shares outstanding. We excluded less than 1 million of anti-dilutive shares in each of 2025, 2024 and 2023 from our diluted EPS calculation. We include PSUs in the dilutive common shares when they become contingently issuable per the authoritative guidance and exclude them when they are not contingently issuable.
Restructuring Charges. Restructuring charges principally consist of severance and related separation costs, facility exit costs, third party and other costs necessary to the restructuring program. The Company accrues for severance and other related separation costs when it is probable that termination benefits will be paid and the amount is reasonably estimable. Recognition of employee severance and other separation costs is also dependent on requirements established by severance policy, statutory laws, or historical experience. Facility exit costs generally reflect the accelerated lease expense for right-of-use assets, expected lease termination costs, and asset impairments in connection with closure of certain sites, net of gains on exit-related disposals. Third party and other costs include certain non-facility related asset impairments and professional services fees directly related to the restructuring program.
Restructuring costs are recorded in “Restructuring charges” in the consolidated statements of operations. The restructuring liability related to accrued employee separation costs is included in "Accrued expenses and other current liabilities" in the consolidated statements of financial position.
Recently Adopted Accounting Pronouncements
Date Issued and Topic
Date Adopted and Method
DescriptionImpact
December 2023


Income Taxes (Topic 740): Improvements to Income Tax Disclosures
Annual period starting in 2025

Prospective basis
The standard requires enhanced income tax disclosures primarily related to the income tax rate reconciliation and income taxes paid information.
See Note 10 for disclosures that reflect the adoption of this standard.
New Accounting Pronouncements
Date Issued and Topic
Effective Date
DescriptionImpact
November 2024

Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40)
Annual period starting in 2027 and interim periods starting in 2028

Prospective basis
The standard is intended to improve financial reporting by requiring that public business entities disclose additional information about specific expense categories in the notes to financial statements at interim and annual reporting periods.
We are currently evaluating the impact on our disclosures.
July 2025

Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets
Annual reporting periods starting in 2026, and interim reporting periods within those annual reporting periods

Prospective basis
The standard is intended to simplify the measurement of credit losses for accounts receivable and contract assets by providing a practical expedient that allows an entity to assume that current conditions as of the balance sheet date do not change for the remaining life of the asset.

We are currently evaluating the impact of applying the practical expedient.
September 2025

Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software
Annual reporting periods starting in 2028, and interim reporting periods within those annual reporting periods

Prospective basis
The standard is intended to modernize the internal-use software guidance, making it easier to apply to various software development methods.

We are currently evaluating the impact on our internal use software capitalization policy.
December 2025

Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities

Annual reporting periods starting in 2029, and interim reporting periods within those annual reporting periods

Prospective basis

The standard provides authoritative guidance for business entities receiving government grants, establishing rules for their recognition, measurement, presentation, and disclosure.
We are currently evaluating the impact, and we do not expect the standard to have a significant impact on our financial statements.
Date Issued and Topic
Effective Date
DescriptionImpact
December 2025

Interim Reporting (Topic 270): Narrow-Scope Improvements

Interim reporting periods within annual reporting periods starting in 2028

Prospective basis

The standard clarifies the applicability of Topic 270, provides a comprehensive list of interim disclosures, and includes a disclosure principle that requires entities to disclose events since the end of the last annual reporting period that have a material impact on the entity.
We are currently evaluating the impact on our interim disclosures.
v3.25.4
Revenues (Notes)
 12 Months Ended
Dec. 31, 2025
Revenues [Abstract]  
Revenue from Contract with Customer [Text Block]
Disaggregation of Revenues

The tables below present disaggregated revenues from contracts with clients by client location, service line and contract type for each of our reportable business segments. We believe this disaggregation best depicts how the nature, amount, timing and uncertainty of revenues and cash flows are affected by industry, market and other economic factors. Our consulting and technology services include consulting, application development, systems integration, quality engineering and assurance services as well as software solutions and related services while our outsourcing services include application maintenance, infrastructure and security as well as business process services. Revenues are attributed to geographic regions based upon client location, which is the client's billing address. Substantially all revenues in the North America region relate to clients in the United States.
Year Ended December 31, 2025
(in millions)HSFSP&RCMTTotal
Revenues
Geography:
North America$5,311 $4,380 $3,728 $2,361 $15,780 
United Kingdom214 643 584 481 1,922 
Continental Europe667 640 650 133 2,090 
Europe - Total881 1,283 1,234 614 4,012 
Rest of World 155 510 323 328 1,316 
Total$6,347 $6,173 $5,285 $3,303 $21,108 
Service line:
Consulting and technology services $3,651 $4,365 $3,697 $1,820 $13,533 
Outsourcing services2,696 1,808 1,588 1,483 7,575 
Total$6,347 $6,173 $5,285 $3,303 $21,108 
Type of contract:
Time and materials$1,978 $3,161 $2,239 $1,771 $9,149 
Fixed-price3,149 2,811 2,685 1,365 10,010 
Transaction or volume-based1,220 201 361 167 1,949 
Total$6,347 $6,173 $5,285 $3,303 $21,108 
Year Ended December 31, 2024
(in millions)HSFSP&RCMTTotal
Revenues
Geography:
North America$5,072 $4,075 $3,272 $2,279 $14,698 
United Kingdom186 572 558 511 1,827 
Continental Europe559 613 605 155 1,932 
Europe - Total745 1,185 1,163 666 3,759 
Rest of World 115 493 347 324 1,279 
Total$5,932 $5,753 $4,782 $3,269 $19,736 
Service line:
Consulting and technology services $3,456 $4,022 $3,193 $1,821 $12,492 
Outsourcing services2,476 1,731 1,589 1,448 7,244 
Total$5,932 $5,753 $4,782 $3,269 $19,736 
Type of contract:
Time and materials$1,968 $3,188 $1,995 $1,775 $8,926 
Fixed-price2,878 2,384 2,442 1,324 9,028 
Transaction or volume-based1,086 181 345 170 1,782 
Total$5,932 $5,753 $4,782 $3,269 $19,736 
Year Ended December 31, 2023
(in millions)HSFSP&RCMTTotal
Revenues
Geography:
North America$4,865 $4,091 $3,102 $2,205 $14,263 
United Kingdom167 613 534 571 1,885 
Continental Europe533 605 612 159 1,909 
Europe - Total700 1,218 1,146 730 3,794 
Rest of World 109 500 380 307 1,296 
Total$5,674 $5,809 $4,628 $3,242 $19,353 
Service line:
Consulting and technology services $3,238 $3,965 $3,010 $1,751 $11,964 
Outsourcing services2,436 1,844 1,618 1,491 7,389 
Total$5,674 $5,809 $4,628 $3,242 $19,353 
Type of contract:
Time and materials$2,004 $3,215 $1,837 $1,832 $8,888 
Fixed-price2,600 2,369 2,435 1,260 8,664 
Transaction or volume-based1,070 225 356 150 1,801 
Total$5,674 $5,809 $4,628 $3,242 $19,353 
Costs to Fulfill
The following table shows significant movements in the capitalized costs to fulfill:
(in millions)20252024
Beginning balance$209 $245 
Costs capitalized42 55 
Amortization expense(78)(89)
Impairment charges
(12)(2)
Ending balance$161 $209 
Costs to obtain contracts were immaterial for the periods disclosed.
Contract Balances
The table below shows significant movements in contract assets (current and noncurrent):
(in millions)20252024
Beginning balance$386 $316 
Revenues recognized during the period but not billed451 358 
Amounts reclassified to trade accounts receivable(371)(288)
Ending balance$466 $386 
The table below shows significant movements in the deferred revenue balances (current and noncurrent):
(in millions)20252024
Beginning balance$480 $427 
Amounts billed but not recognized as revenues474 421 
Revenues recognized related to the beginning balance of deferred revenue(416)(380)
Amounts acquired in business combinations— 12 
Ending balance$538 $480 
Revenues recognized during the year ended December 31, 2025 for performance obligations satisfied or partially satisfied in previous periods were immaterial.
Remaining Performance Obligations
As of December 31, 2025, the aggregate amount of transaction price allocated to remaining performance obligations, was $6,279 million, of which approximately 35% is expected to be recognized as revenues within 1 year, approximately 55% is expected to be recognized as revenues within 2 years and approximately 95% is expected to be recognized as revenues within 5 years. Disclosure is not required for performance obligations that meet any of the following criteria:
(1)contracts with a duration of one year or less as determined under ASC Topic 606: "Revenue from Contracts with Customers,"
(2)contracts for which we recognize revenues based on the right to invoice for services performed,
(3)variable consideration allocated entirely to a wholly unsatisfied performance obligation or to a wholly unsatisfied promise to transfer a distinct good or service that forms part of a single performance obligation in accordance with ASC 606-10-25-14(b), for which the criteria in ASC 606-10-32-40 have been met, or
(4)variable consideration in the form of a sales-based or usage-based royalty promised in exchange for a license of intellectual property.
Many of our performance obligations meet one or more of these exemptions and therefore are not included in the remaining performance obligation amount disclosed above.
Trade Accounts Receivable and Allowance for Credit Losses
The following table presents the activity in the allowance for credit losses for trade accounts receivable:
(in millions)202520242023
Beginning balance$26 $32 $43 
Credit loss expense (1)
11 12 12 
Write-offs charged against the allowance(14)(18)(23)
Ending balance$23 $26 $32 
(1)Reported in "Selling, general and administrative expenses" in our consolidated statements of operations.
v3.25.4
Business Combinations
 12 Months Ended
Dec. 31, 2025
Business Combination [Abstract]  
Business Combinations
On January 1, 2026, we acquired 100% ownership in 3Cloud, one of the largest independent Microsoft Azure services providers and a global leader in Azure-dedicated AI enablement solutions and products. On December 31, 2025, we placed cash consideration of $733 million in escrow, which was deemed to be restricted cash and included in "Other noncurrent assets" in our consolidated statement of financial position. See Note 18.
There were no acquisitions completed during the year ended December 31, 2025. Acquisitions completed during each of the years ended December 31, 2024 and 2023 were not individually or in the aggregate material to our operations. Accordingly, pro forma results have not been presented. The primary items that generated goodwill are the acquired assembled workforces and synergies between the acquired companies and us, neither of which qualify as an identifiable intangible asset.
2024
On January 22, 2024, through the execution of a share purchase agreement, we acquired 100% ownership in Thirdera, an Elite ServiceNow Partner specializing in advisory, implementation and optimization solutions related to the ServiceNow platform.
On August 26, 2024, through the execution of a merger agreement, we acquired 100% ownership in Belcan, a leading global supplier of engineering research & development services for the commercial aerospace, defense, space, marine and industrial verticals. We paid $1,195 million in cash, net of cash acquired, and issued 1,470,589 shares of our Class A common stock, valued at $113 million, in connection with our acquisition of Belcan.
The allocations of purchase price to the fair value of the aggregate assets acquired and liabilities assumed were as follows:
(in millions)
Thirdera
BelcanTotalWeighted Average Useful Life
Cash$8 $55 $63 
Trade accounts receivable21 173 194 
Other current assets11 22 33 
Property and equipment and other noncurrent assets
2 22 24 
Operating lease assets
— 55 55 
Non-deductible goodwill180 614 794 
Tax-deductible goodwill164 — 164 
Customer relationship assets73 539 612 
11.0 years
Other definite-lived intangible assets
1 — 1 
1.0 years
Indefinite-lived intangible assets
— 45 45 
Operating lease liabilities, current
— (8)(8)
Other current liabilities
(29)(72)(101)
Deferred income tax liabilities, net
(3)(34)(37)
Operating lease liabilities, noncurrent
— (48)(48)
Purchase price$428 $1,363 $1,791 

For the year ended December 31, 2024, revenues from acquisitions completed in 2024, since the dates of acquisition, were $384 million.
2023
In 2023, we acquired 100% ownership in each of the following:
•Certain net assets of OneSource Virtual, the professional and application management services business of OneSource Virtual, Inc. and OneSource Virtual (UK) Ltd., a leading provider of Workday services, solutions and products, acquired to complement our existing finance and human resources advisory implementation services related to Workday (acquired January 1, 2023), and
•Mobica, an IoT software engineering services provider, acquired to expand our IoT embedded software engineering capabilities (acquired March 10, 2023).
The allocations of purchase price to the fair value of the aggregate assets acquired and liabilities assumed were as follows:
(in millions)OneSource VirtualMobicaTotalWeighted Average Useful Life
Cash$— $20 $20 
Trade accounts receivable— 10 10 
Other current assets4 8 12 
Property and equipment and other assets1 6 7 
Non-deductible goodwill18 202 220 
Tax-deductible goodwill88 — 88 
Customer relationship assets11 120 131 10.9 years
Current liabilities(18)(9)(27)
Noncurrent liabilities(1)(32)(33)
Purchase price$103 $325 $428 
For the year ended December 31, 2023, revenues from acquisitions completed in 2023, since the dates of acquisition, were $130 million.
v3.25.4
Restructuring Charges
 12 Months Ended
Dec. 31, 2025
Restructuring Charges [Abstract]  
Realignment Charges
At the end of 2024, we completed our NextGen program. We did not incur any costs related to the NextGen program during 2025.
The total costs related to our NextGen program are reported in "Restructuring charges" in our consolidated statements of operations. We do not allocate these charges to individual segments in internal management reports used by the CODM. Accordingly, such expenses are separately disclosed in our segment reporting as “unallocated costs.” See Note 17. The costs related to our NextGen program were as follows for the years ended December 31:
(in millions)2024
2023
Employee separation costs$85 $115 
Facility exit costs (1)
36 108 
Third party and other costs (2)
13 6 
Total restructuring charges$134 $229 
(1)For the year ended December 31, 2024, facility exit costs include lease restructuring of $23 million and accelerated depreciation charges of $13 million. For the year ended December 31, 2023, facility exit costs include lease restructuring of $71 million, accelerated depreciation charges of $36 million and impairment of long-lived assets of $1 million.
(2)Third party and other costs include certain non-facility related asset impairments and professional services fees directly related to the NextGen program.
Changes in our accrued employee separation costs included in "Accrued expenses and other current liabilities" in our consolidated statements of financial position are presented in the table below for the years ended December 31:
(in millions)20252024
Beginning balance$35 $42 
Employee separation costs accrued— 85 
Payments made(35)(92)
Ending balance$— $35 
v3.25.4
Property and Equipment, net
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment, Net [Abstract]  
Property and Equipment, net
Property and equipment were as follows as of December 31:
Estimated Useful Life20252024
(in years)(in millions)
Buildings30$719 $736 
Computer equipment
3 – 5
865 811 
Computer software
3 – 8
1,123 1,024 
Furniture and equipment
5 – 9
745 716 
Land6 6 
Capital work-in-progress98 115 
Leasehold improvementsShorter of the lease term or
the life of the asset		373 373 
Sub-total3,929 3,781 
Accumulated depreciation and amortization
(2,996)(2,787)
Property and equipment, net$933 $994 

Depreciation and amortization expense related to property and equipment was $332 million, $354 million and $390 million for the years ended December 31, 2025, 2024 and 2023, respectively. For the years ended December 31, 2024 and 2023, $13 million and $36 million, respectively, of our depreciation and amortization expense was reported in "Restructuring charges". There were no restructuring charges during the year ended December 31, 2025. During the three months ended March 31, 2025, we sold an office complex in India for proceeds of $70 million and recorded a gain on the transaction of $62 million, which was reported in "(Gain) on sale of property and equipment" on our consolidated statement of operations. As of December 31, 2024, the physical assets held for sale related to this office complex were reported in "Other current assets".
The gross amount of property and equipment recorded under finance leases was $33 million and $30 million as of December 31, 2025 and 2024, respectively. Accumulated amortization for our ROU finance lease assets was $23 million and $16 million as of December 31, 2025 and 2024, respectively. Amortization expense related to our ROU finance lease assets was $5 million, $5 million and $4 million for the years ended December 31, 2025, 2024 and 2023, respectively.

The gross amount of property and equipment recorded for software to be sold, leased or marketed reported in the caption "Computer software" above was $377 million and $338 million as of December 31, 2025 and 2024, respectively. Accumulated amortization for software to be sold, leased or marketed was $252 million and $210 million as of December 31, 2025 and 2024, respectively. Amortization expense for software to be sold, leased or marketed recorded as property and equipment was $43 million, $36 million, and $37 million for the years ended December 31, 2025, 2024 and 2023, respectively.
v3.25.4
Leases (Notes)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Leases
The following table provides information on the components of our operating and finance leases included in our consolidated statement of financial position as of December 31:
LeasesLocation on Statement of Financial Position20252024
Assets(in millions)
ROU operating lease assetsOperating lease assets, net$573 $552 
ROU finance lease assetsProperty and equipment, net10 14 
Total $583 $566 
Liabilities
Current
Operating leaseOperating lease liabilities$153 $152 
Finance leaseAccrued expenses and other current liabilities10 8 
Noncurrent
Operating leaseOperating lease liabilities, noncurrent423 420 
Finance leaseOther noncurrent liabilities12 15 
Total$598 $595 
For the years ended December 31, 2025, 2024 and 2023, our operating lease costs were $197 million, $216 million and $304 million, respectively, including variable lease costs of $19 million, $23 million and $21 million, respectively. Our short-term lease rental expense was $16 million, $11 million and $15 million for the years ended December 31, 2025, 2024 and 2023, respectively. Lease interest expense related to our finance leases for each of the years ended December 31, 2025, 2024 and 2023 was immaterial.
The following table provides information on the weighted average remaining lease term and weighted average discount rate for our operating leases as of December 31:
Operating Lease Term and Discount Rate20252024
Weighted average remaining lease term
4.9 years
5.3 years
Weighted average discount rate5.7 %5.5 %
The following table provides supplemental cash flow and non-cash information related to our operating leases for the years ended December 31:
(in millions)202520242023
Cash paid for amounts included in the measurement of operating lease liabilities$192 $251 $240 
ROU assets obtained in exchange for operating lease liabilities160 123 86 
Reduction of ROU assets and lease liabilities as a result of our NextGen program
— (62)(110)
Cash paid for amounts included in the measurement of finance lease liabilities and ROU assets obtained in exchange for finance lease liabilities were each immaterial for each of the years ended December 31, 2025, 2024 and 2023.
The following table provides the schedule of maturities of our operating lease liabilities and a reconciliation of the undiscounted cash flows to the operating lease liabilities recognized in the statement of financial position as of December 31:
(in millions)2025
2026
$182 
2027
150 
2028
120 
2029
83 
2030
54 
Thereafter84 
Total operating lease payments673 
Interest(97)
Total operating lease liabilities$576 
As of December 31, 2025, additional obligations related to operating leases whose lease term had yet to commence were immaterial.
v3.25.4
Goodwill and Intangible Assets, net
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, net
Changes in goodwill by our reportable business segments were as follows for the years ended December 31, 2025 and 2024:
(in millions)
January 1, 2025
Goodwill Additions
Foreign Currency Translation AdjustmentsDecember 31, 2025
Health Sciences$2,895 $— $20 $2,915 
Financial Services1,129 — 48 1,177 
Products and Resources1,884 — 50 1,934 
Communications, Media and Technology1,045 — 35 1,080 
Total goodwill$6,953 $— $153 $7,106 
(in millions)
January 1, 2024Goodwill Additions and AdjustmentsForeign Currency Translation AdjustmentsDecember 31, 2024
Health Sciences$2,840 $68 $(13)$2,895 
Financial Services1,109 48 (28)1,129 
Products and Resources1,217 698 (31)1,884 
Communications, Media and Technology919 144 (18)1,045 
Total goodwill$6,085 $958 $(90)$6,953 
Based on our most recent goodwill impairment assessment performed as of October 31, 2025, we concluded that the goodwill in each of our reporting units was not at risk of impairment. We have not recognized any impairment losses on our goodwill.
Components of intangible assets were as follows as of December 31:
 20252024
(in millions)Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
Customer relationships$2,593 $(1,310)$1,283 $2,534 $(1,068)$1,466 
Developed technology394 (386)8 384 (379)5 
Indefinite lived trademarks116 — 116 116 — 116 
Finite lived trademarks and other84 (74)10 81 (69)12 
Total intangible assets$3,187 $(1,770)$1,417 $3,115 $(1,516)$1,599 

Other than certain trademarks with indefinite lives, our intangible assets have finite lives and, as such, are subject to amortization. Amortization of intangible assets totaled $218 million, $188 million and $165 million for the years ended December 31, 2025, 2024 and 2023, respectively.
The following table provides the estimated amortization expense related to our existing intangible assets for the next five years.
(in millions)Estimated Amortization
2026
$217 
2027
209 
2028
187 
2029
169 
2030
144 
v3.25.4
Accrued Expenses and Other Current Liabilities
 12 Months Ended
Dec. 31, 2025
Accrued Expenses And Other Current Liabilities [Abstract]  
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities were as follows as of December 31:
(in millions)20252024
Compensation and benefits$1,490 $1,499 
Customer volume and other incentives317 247 
Liabilities related to the resale of third-party products
242 154 
Professional fees193 171 
Income taxes18 100 
Other404 439 
Total accrued expenses and other current liabilities$2,664 $2,610 
v3.25.4
Debt
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Debt
We have a Credit Agreement providing for a $650 million Term Loan and a $1,850 million unsecured revolving credit facility, which are each due to mature in October 2027. We are required under the Credit Agreement to make scheduled quarterly principal payments on the Term Loan. During the third quarter of 2024, we borrowed $600 million under our revolving credit facility to partially fund the acquisition of Belcan. We repaid $300 million during the fourth quarter of 2024 and the remaining $300 million during the first quarter of 2025.
The Credit Agreement requires interest to be paid, at our option, at either the Term Benchmark, Adjusted Daily Simple RFR or the ABR Rate (each as defined in the Credit Agreement), plus, in each case, an Applicable Margin (as defined in the Credit Agreement). Initially, the Applicable Margin is 0.875% with respect to Term Benchmark loans and RFR loans and 0.00% with respect to ABR loans. Subsequently, the Applicable Margin with respect to Term Benchmark loans and RFR loans will be determined quarterly and may range from 0.75% to 1.125%, depending on our public debt ratings or, if we have not received public debt ratings, from 0.875% to 1.125%, depending on our Leverage Ratio, which is the ratio of indebtedness for borrowed money to Consolidated EBITDA, as defined in the Credit Agreement. Since the issuance of the Term Loan, the Term Loan has been a Term Benchmark loan. The Credit Agreement contains customary affirmative and negative covenants as well as a financial covenant. The financial covenant is tested at the end of each fiscal quarter and requires us to maintain a Leverage Ratio not in excess of 3.50:1.00, or for a period of up to four quarters following certain material acquisitions, 3.75:1.00. We were in compliance with all debt covenants and representations of the Credit Agreement as of December 31, 2025.
Short-term Debt
As of each of December 31, 2025 and 2024, we had $33 million of short-term debt related to current maturities of our Term Loan, with a weighted average interest rate of 4.7% and 5.3%, respectively.
Long-term Debt
The following table summarizes the long-term debt balances as of December 31:
(in millions)20252024
Notes outstanding under revolving credit facility
$— $300 
Term Loan
577 610 
Less:
Current maturities - Term Loan
(33)(33)
Unamortized deferred financing costs(1)(2)
Long-term debt, net of current maturities$543 $875 
The carrying value of our debt approximated its fair value as of each of December 31, 2025 and 2024.
The following represents the schedule of maturities of our Term Loan:
YearAmounts (in millions)
2026$33 
2027544 
Total$577 
v3.25.4
Income Taxes
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Income Taxes
Effective January 1, 2025, we adopted the new income tax disclosure standard (Income Taxes (Topic 740): Improvements to Income Tax Disclosures) on a prospective basis. Accordingly, the tables presenting our income tax provision and effective tax rate reconciliation will reflect the new standard for 2025, while the 2024 and 2023 disclosures will continue to follow the previous disclosure requirements.
Income before provision for income taxes shown below is based on the geographic location to which such income was attributed for years ended December 31:
(in millions)202520242023
United States$1,189 $906 $813 
Foreign2,290 2,032 1,974 
Income before provision for income taxes$3,479 $2,938 $2,787 
The provision for income taxes consisted of the following components for the years ended December 31:
(in millions)202520242023
Current:
Federal
$216 
State
139 Federal and state$426 $522 
Foreign576 Foreign642 485 
Total current provision931 1,068 1,007 
Deferred:
Federal
302 
State
4 Federal and state(229)(354)
Foreign21 Foreign(126)15 
Total deferred income tax (benefit)
327 (355)(339)
Total provision for income taxes$1,258 $713 $668 
We are involved in two separate ongoing disputes with the ITD in connection with previously disclosed share repurchase transactions undertaken by CTS India in 2013 and 2016 to repurchase shares from its shareholders (non-Indian Cognizant entities) valued at $523 million and $2.8 billion, respectively.
The 2016 transaction was undertaken pursuant to a plan approved by the High Court in Chennai, India, and resulted in the payment of $135 million in Indian income taxes - an amount we believe includes all the applicable taxes owed for this transaction under Indian law. In March 2018, the ITD asserted that it is owed an additional 33 billion Indian rupees ($367 million at the December 31, 2025 exchange rate) on the 2016 transaction. We deposited 5 billion Indian rupees, representing 15% of the disputed tax amount related to the 2016 transaction, with the ITD. Additionally, certain time deposits of CTS India were placed under lien in favor of the ITD, representing the remainder of the disputed tax amount.
In April 2020, we received a formal assessment from the ITD on the 2016 transaction, which is consistent with the ITD's previous assertions. Our appeal was ruled on unfavorably by the CITA in March 2022 and by the ITAT in September 2023. We filed an appeal against the order of the ITAT with the High Court. On January 8, 2024, the SCI ruled that, in order to proceed with the appeal, we must deposit 30 billion Indian rupees, representing the time deposits of CTS India under lien, on the condition that, if CTS India prevails at the High Court, the amount deposited will be returned to CTS India, along with interest accrued, within four weeks of the judgment. We made the required deposit in January 2024 and, in April 2024, the case commenced before the High Court.
As of December 31, 2025 and 2024, the deposit with the ITD was $384 million and $403 million, respectively at December 31, 2025 and 2024 exchange rates, respectively presented in "Other noncurrent assets". As of December 31, 2023, the deposits related to the ITD dispute were comprised of $355 million in deposits under lien presented in "Long-term investments" and $60 million on deposit with the ITD presented in "Other noncurrent assets". Of the $355 million in deposits under lien, $96 million were held in time deposits with a maturity of less than 30 days qualifying as cash equivalent instruments and thus were considered restricted cash equivalents as of December 31, 2023.
The dispute in relation to the 2013 share repurchase transaction is also in litigation. At this time, the ITD has not made specific demands with regards to the 2013 transaction.

We continue to believe we have paid all applicable taxes owed on both the 2016 and the 2013 transactions and we continue to defend our positions with respect to both matters. Accordingly, we have not recorded any reserves for these matters as of December 31, 2025.
The reconciliation between the U.S. federal statutory rate and our effective income tax rate were as follows for the years ended December 31:
(in millions)
2025
%
Tax expense, at U.S. federal statutory rate
$731 21.0 
State and local income taxes (net of federal benefit)1
113 3.2 
Foreign tax effects
United Kingdom
Statutory tax rate difference49 1.4 
India86 2.5 
Other foreign jurisdictions
17 0.5 
Effect of changes in tax laws or rates enacted in the current period2
336 9.7 
Effect of cross- border tax laws
Foreign‑derived intangible income (FDII)
(55)(1.6)
Tax credits
(8)(0.2)
Changes in valuation allowances
(2)— 
Nontaxable or nondeductible items
(3)(0.1)
Changes in unrecognized tax benefits
(6)(0.2)
Tax expense, at effective tax rate
$1,258 36.2 
(1)State taxes in New York (including local taxes in New York City) and Connecticut made up the majority (greater than 50 percent) of the tax effect in this category.
(2)In July 2025, the OBBBA was enacted in the United States, which, among other provisions, repealed the requirement to capitalize U.S. R&E costs. As a result, we do not believe it is more likely than not that we will realize our deferred tax asset of $390 million related to R&E costs capitalized outside the United States. Of this $390 million, $336 million related to federal income tax while the remaining $54 million related to state and local income tax. These amounts would have otherwise been available to offset certain future U.S. taxes on our non-U.S. earnings, which, as a result of this repeal, we no longer project to be applicable to us. Therefore, in the third quarter of 2025, we recorded a one-time, non-cash income tax expense of $390 million.
 
(Dollars in millions)2024%2023%
Tax expense, at U.S. federal statutory rate$617 21.0 $585 21.0 
State and local income taxes, net of federal benefit
74 2.5 55 2.0 
Rate differential on foreign earnings104 3.5 95 3.4 
Recognition of benefits related to uncertain tax positions(15)(0.5)(33)(1.2)
Credits and other incentives(57)(1.9)(37)(1.3)
Other(10)(0.3)3 0.1 
Total provision for income taxes$713 24.3 $668 24.0 
Income taxes paid, net of refunds for the year ended December 31, 2025 were as follows:
(in millions)
Amount
Income Taxes Paid
U.S. federal
$272 
U.S. state & local
140 
Foreign
UK246 
India226 
Other jurisdictions
101 
Cash paid during the period for income taxes$985 
The significant components of deferred income tax assets and liabilities recorded on the consolidated statements of financial position were as follows as of December 31:
(in millions)20252024
Deferred income tax assets:
Net operating losses$45 $50 
Revenue recognition (including intercompany revenue)422 51 
Compensation and benefits204 164 
Credit carryforwards18 11 
Expenses not currently deductible
848 1,189 
1,537 1,465 
Less: valuation allowance(427)(48)
Deferred income tax assets, net1,110 1,417 
Deferred income tax liabilities:
Depreciation and amortization295 298 
Deferred costs16 25 
Deferred income tax liabilities311 323 
Net deferred income tax assets$799 $1,094 
At December 31, 2025, we had foreign and U.S. net operating loss carryforwards of approximately $119 million and $75 million, respectively. We have recorded valuation allowances on certain net operating loss carryforwards.
We conduct business globally and file income tax returns in the United States, including federal and state, as well as various foreign jurisdictions. Tax years that remain subject to examination by the IRS are 2019 and onward, and years that remain subject to examination by state authorities vary by state. Years under examination by foreign tax authorities are 2003 and onward. In addition, transactions between our affiliated entities are arranged in accordance with applicable transfer pricing laws, regulations and relevant guidelines. As a result, and due to the interpretive nature of certain aspects of these laws and guidelines, we have pending applications for APAs before the taxing authorities in some of our most significant jurisdictions.
Changes in unrecognized income tax benefits were as follows for the years ended December 31:
(in millions)202520242023
Balance, beginning of year$319 $260 $269 
Additions based on tax positions related to the current year37 15 31 
Additions for tax positions of prior years147 65 22 
Reductions for tax positions due to lapse of statutes of limitations(5)(15)(15)
Reductions for tax positions related to prior years
(3)(6)(33)
Settlements(8)— (14)
Balance, end of year$487 $319 $260 
The total amount of accrued net interest and penalties was $51 million and $35 million as of December 31, 2025 and 2024, respectively, and related to U.S. and foreign tax matters. The total amount of net interest and penalties recorded in the provision for income taxes in each of 2025, 2024 and 2023 was immaterial.
v3.25.4
Derivative Financial Instruments
 12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Financial Instruments
In the normal course of business, we use foreign exchange forward and option contracts to manage foreign currency exchange rate risk. Derivatives may give rise to credit risk from the possible non-performance by counterparties. Credit risk is limited to the fair value of those contracts that are favorable to us. We have limited our credit risk by limiting the amount of credit exposure with any one financial institution and conducting ongoing evaluation of the creditworthiness of the financial institutions with which we do business. In addition, all the assets and liabilities related to the foreign exchange derivative contracts set forth in the table below are subject to master netting arrangements, such as the International Swaps and Derivatives Association Master Agreement, with each individual counterparty. These master netting arrangements generally provide for net settlement of all outstanding contracts with the counterparty in the case of an event of default or a termination event. We have presented all the assets and liabilities related to the foreign exchange derivative contracts, as applicable, on a gross basis, with no offsets, in our consolidated statements of financial position. There is no financial collateral (including cash collateral) posted or received by us related to the foreign exchange derivative contracts.
The following table provides information on the location and fair values of derivative financial instruments included in our consolidated statements of financial position as of December 31:
(in millions) 20252024
Designation of DerivativesLocation on Statement of
Financial Position		AssetsLiabilitiesAssetsLiabilities
Foreign exchange forward and option contracts – Designated as cash flow hedging instruments
Other current assets$1 $— $1 $— 
Accrued expenses and other current liabilities
— 63 — 22 
Other noncurrent liabilities— 22 — 13 
Total1 85 1 35 
Foreign exchange forward contracts - Not designated as hedging instruments
Other current assets
2 — 1 — 
Accrued expenses and other current liabilities
— 1 — 2 
Total2 1 1 2 
Total$3 $86 $2 $37 
Cash Flow Hedges
We have entered and continue to enter into a series of foreign exchange derivative contracts that are designated as cash flow hedges of Indian rupee denominated payments in India. These contracts are intended to partially offset the impact of movement of the Indian rupee against the U.S. dollar on future operating costs and are scheduled to mature each month during 2026 and 2027. The changes in fair value of these contracts are initially reported in "Accumulated other comprehensive income (loss)" in our consolidated statements of financial position and are subsequently reclassified to earnings within "Cost of revenues" and "Selling, general and administrative expenses" in our consolidated statements of operations in the same period that the forecasted Indian rupee denominated payments are recorded in earnings. As of December 31, 2025, we estimate that $47 million, net of tax, of net losses related to derivatives designated as cash flow hedges reported in "Accumulated other comprehensive income (loss)" in our consolidated statements of financial position is expected to be reclassified into earnings within the next 12 months.
The notional value of the outstanding contracts by year of maturity was as follows as of December 31:
(in millions)20252024
2025
$— $2,010 
2026
2,290 920 
2027
1,020 — 
Total notional value of contracts outstanding
$3,310 $2,930 

The activity related to the change in net unrealized gains and losses on the cash flow hedges included in "Accumulated other comprehensive income (loss)" in our consolidated statements of stockholders' equity is presented in Note 13.

Other Derivatives
We use foreign exchange forward contracts to provide an economic hedge against balance sheet exposures to certain monetary assets and liabilities denominated in currencies other than the functional currency of our foreign subsidiaries. We entered into foreign exchange forward contracts that are scheduled to mature in the first quarter of 2026. Realized gains or losses and changes in the estimated fair value of these derivative financial instruments are recorded in the caption "Foreign currency exchange gains (losses), net" in our consolidated statements of operations.
Additional information related to the outstanding foreign exchange forward contracts not designated as hedging instruments was as follows as of December 31:
(in millions)20252024
NotionalFair ValueNotionalFair Value
Contracts outstanding$748 $1 $489 $(1)
The following table provides information on the location and amounts of realized and unrealized pre-tax gains and losses on the other derivative financial instruments for the year ended December 31:
(in millions)
Location of Net Gains
on Derivative Instruments
Amount of Net Gains
on Derivative Instruments
  20252024
Foreign exchange forward contracts - Not designated as hedging instruments
Foreign currency exchange gains, net
$3 $10 
v3.25.4
Fair Value Measurements
 12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Value Measurements
We measure our cash equivalents, certain investments, contingent consideration liabilities and foreign exchange forward contracts at fair value. Fair value is the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions.
The fair value hierarchy consists of the following three levels:
•Level 1 – Inputs are quoted prices in active markets for identical assets or liabilities.
•Level 2 – Inputs are quoted prices for similar assets or liabilities in an active market, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable and market-corroborated inputs which are derived principally from or corroborated by observable market data.
•Level 3 – Inputs are derived from valuation techniques in which one or more significant inputs or value drivers are unobservable.
The following table summarizes the financial assets and (liabilities) measured at fair value on a recurring basis as of December 31, 2025:
(in millions)Level 1Level 2Level 3Total
Cash equivalents:
Money market funds$24 $— $— $24 
Time deposits— 183 — 183 
Short-term investments:
Time deposits— 1 — 1 
Equity investment security12 — — 12 
Other current assets:
Foreign exchange forward contracts— 3 — 3 
Accrued expenses and other current liabilities:
Foreign exchange forward contracts— (64)— (64)
Other noncurrent liabilities:
Foreign exchange forward contracts— (22)— (22)

The following table summarizes the financial assets and (liabilities) measured at fair value on a recurring basis as of December 31, 2024:

(in millions)Level 1Level 2Level 3Total
Cash equivalents:
Money market funds$40 $— $— $40 
Time deposits— 991 — 991 
Short-term investments:
Time deposits— 1 — 1 
Equity investment security11 — — 11 
Other current assets:
Foreign exchange forward contracts
— 2 — 2 
Accrued expenses and other current liabilities:
Foreign exchange forward contracts— (24)— (24)
Other noncurrent liabilities:
Foreign exchange forward contracts— (13)— (13)

During the three months ended March 31, 2024, we made $30 million of payments related to Level 3 contingent consideration liabilities, which reduced the balance of these liabilities to zero. We did not have any Level 3 contingent consideration liabilities during 2025.
We measure the fair value of money market funds based on quoted prices in active markets for identical assets and measure the fair value of our equity investment security based on the published daily net asset value at which investors can freely subscribe to or redeem from the fund. Our equity investment security is a U.S. dollar denominated investment in a fixed income mutual fund. The carrying value of the time deposits approximated fair value as of December 31, 2025 and 2024.
We estimate the fair value of each foreign exchange forward contract by using a present value of expected cash flows model. This model calculates the difference between the current market forward price and the contracted forward price for each foreign exchange forward contract and applies the difference in the rates to each outstanding contract. The market forward rates include a discount and credit risk factor.
During the years ended December 31, 2025, 2024 and 2023 there were no transfers among Level 1, Level 2 or Level 3 financial assets and liabilities.
v3.25.4
Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Income
Changes in "Accumulated other comprehensive income (loss)" by component were as follows for the year ended December 31, 2025:
2025
(in millions)Before Tax
Amount		Tax
Effect 		Net of Tax
Amount
Foreign currency translation adjustments:
Beginning balance$(261)$7 $(254)
Change in foreign currency translation adjustments
272 (6)266 
Ending balance$11 $1 $12 
Unrealized (losses) on cash flow hedges:
Beginning balance$(34)$9 $(25)
Unrealized (losses) arising during the period
(85)21 (64)
Reclassifications of net losses to:
Cost of revenues
32 (8)24 
SG&A expenses3 (1)2 
Net change
(50)12 (38)
Ending balance$(84)$21 $(63)
Changes in net defined benefit obligations:
Beginning balance$(20)$3 $(17)
Prior service costs1 and gains and losses, net of amortization
(129)37 (92)
Ending balance$(149)$40 $(109)
Accumulated other comprehensive income (loss):
Beginning balance$(315)$19 $(296)
Other comprehensive income (loss)93 43 136 
Ending balance$(222)$62 $(160)
(1)See Note 15.
Changes in "Accumulated other comprehensive income (loss)" by component were as follows for the years ended December 31, 2024 and 2023:
20242023
(in millions)Before Tax
Amount		Tax
Effect		Net of Tax
Amount		Before Tax
Amount		Tax
Effect		Net of Tax
Amount
Foreign currency translation adjustments:
Beginning balance$(109)$5 $(104)$(256)$8 $(248)
Change in foreign currency translation adjustments
(152)2 (150)147 (3)144 
Ending balance$(261)$7 $(254)$(109)$5 $(104)
Unrealized gains (losses) on cash flow hedges:
Beginning balance$13 $(3)$10 $(68)$17 $(51)
Unrealized (losses) gains arising during the period
(35)9 (26)55 (14)41 
Reclassifications of net (gains) losses to:
Cost of revenues
(11)3 (8)23 (5)18 
SG&A expenses(1)— (1)3 (1)2 
Net change
(47)12 (35)81 (20)61 
Ending balance$(34)$9 $(25)$13 $(3)$10 
Losses on defined benefit plans:
Beginning balance$— $— $— $— $— $— 
Losses on defined benefit plans
(20)3 (17)— — — 
Ending balance$(20)$3 $(17)$— $— $— 
Accumulated other comprehensive income (loss):
Beginning balance$(96)$2 $(94)$(324)$25 $(299)
Other comprehensive income (loss)
(219)17 (202)228 (23)205 
Ending balance$(315)$19 $(296)$(96)$2 $(94)
v3.25.4
Commitments and Contingencies
 12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
We are involved in various claims and legal proceedings arising in the ordinary course of business. We accrue a liability when a loss is considered probable and the amount can be reasonably estimated. When a material loss contingency is reasonably possible but not probable, we do not record a liability, but instead disclose the nature and the amount of the claim, and an estimate of the loss or range of loss, if such an estimate can be made. Legal fees are expensed as incurred. While we do not expect that the ultimate resolution of any existing claims and proceedings (other than the specific matters described below, if decided adversely), individually or in the aggregate, will have a material adverse effect on our financial position, an unfavorable outcome in some or all of these proceedings could have a material adverse impact on results of operations or cash flows for a particular period. This assessment is based on our current understanding of relevant facts and circumstances. As such, our view of these matters is subject to inherent uncertainties and may change in the future.

On January 15, 2015, Syntel sued TriZetto and Cognizant in the USDC-SDNY. Syntel’s complaint alleged breach of contract against TriZetto, and tortious interference and misappropriation of trade secrets against Cognizant and TriZetto, stemming from Cognizant’s hiring of certain former Syntel employees. Cognizant and TriZetto countersued on March 23, 2015, for breach of contract, misappropriation of trade secrets and tortious interference, based on Syntel’s misuse of TriZetto confidential information and abandonment of contractual obligations. Cognizant and TriZetto subsequently added federal DTSA and copyright infringement claims for Syntel’s misuse of TriZetto’s proprietary technology. The parties’ claims were narrowed by the court and the case was tried before a jury, which on October 27, 2020 returned a verdict in favor of Cognizant in the amount of $855 million, including $570 million in punitive damages. On April 20, 2021, the USDC-SDNY issued a post-trial order that, among other things, affirmed the jury’s award of $285 million in actual damages, but reduced the award of punitive damages from $570 million to $285 million, thereby reducing the overall damages award from $855 million to
$570 million. The USDC-SDNY subsequently issued a final judgment consistent with the April 20th order. On May 26, 2021, Syntel filed a notice of appeal to the Second Circuit, and on June 3, 2021 the USDC-SDNY stayed execution of judgment pending appeal. On May 25, 2023, the Second Circuit issued an opinion affirming in part and vacating in part the judgment of the USDC-SDNY and remanding the case for further proceedings consistent with its opinion. The Second Circuit affirmed the judgment in all respects on liability but vacated the $570 million award that had been based on avoided development costs under the DTSA, and it remanded the case to the USDC-SDNY for further evaluation of damages. On June 23, 2023, the Second Circuit issued its mandate returning the case to the USDC-SDNY. On March 13, 2024, the USDC-SDNY issued a ruling that vacated the alternate compensatory damages awards that were within the scope of the Second Circuit’s remand and awarded TriZetto and Cognizant approximately $15 million in attorney’s fees. On October 23, 2024, the USDC-SDNY granted TriZetto and Cognizant’s motion for a new trial on the amount of compensatory damages owed to TriZetto and Cognizant. On June 24, 2025, the parties proceeded to trial, and on June 30, 2025, the jury returned a verdict in favor of TriZetto and Cognizant, awarding $70 million in compensatory damages. Entry of judgment remains pending. Thereafter, we expect Syntel to appeal and thus we will not record any gain in our financial statements until it becomes realizable.

On February 28, 2019, a ruling of the SCI interpreting the India Defined Contribution Obligation altered historical understandings of the obligation, extending it to cover additional portions of the employee’s income. As a result, the ongoing contributions of our affected employees and the Company were required to be increased. In the first quarter of 2019, we accrued $117 million with respect to prior periods, assuming retroactive application of the SCI’s ruling, in "Selling, general and administrative expenses" in our consolidated statement of operations. There is significant uncertainty as to how the liability should be calculated as it is impacted by multiple variables, including the period of assessment, the application with respect to certain current and former employees and whether interest and penalties may be assessed. Since the ruling, a variety of trade associations and industry groups have advocated to the Indian government, highlighting the harm to the information technology sector, other industries and job growth in India that would result from a retroactive application of the ruling. No proceedings have been initiated by the Government in respect of a substantial portion of the claim in the seven years that have passed since the judgment was delivered. It is possible the Indian government will review the matter and there is a substantial question as to whether the Indian government will apply the SCI’s ruling on a retroactive basis. As such, the ultimate amount of our obligation may be materially different from the amount accrued.

On October 31, 2016, November 15, 2016 and November 18, 2016, three putative shareholder derivative complaints were filed in New Jersey Superior Court, Bergen County, naming us, all of our then current directors and certain of our current and former officers at that time as defendants. These actions were consolidated in an order dated January 24, 2017. The complaints asserted claims for breach of fiduciary duty, corporate waste, unjust enrichment, abuse of control, mismanagement, and/or insider selling by defendants. On April 26, 2017, the New Jersey Superior Court deferred further proceedings by dismissing the consolidated putative shareholder derivative litigation without prejudice but permitting the parties to file a motion to vacate the dismissal in the future.

On February 22, 2017, April 7, 2017, May 10, 2017 and March 11, 2019, four additional putative shareholder derivative complaints were filed in the USDC-NJ, naming us and certain of our current and former directors and officers at that time as defendants. These actions were consolidated in an order dated May 14, 2019. On August 3, 2020, lead plaintiffs filed a consolidated amended complaint. The consolidated amended complaint asserted claims similar to those in the previously-filed putative shareholder derivative actions. On February 14, 2022, we and certain of our current and former directors and officers moved to dismiss the consolidated amended complaint. On September 27, 2022, the USDC-NJ granted those motions and dismissed the consolidated amended complaint in its entirety with prejudice. Plaintiffs filed a notice of appeal on October 27, 2022. On May 3, 2024, the Third Circuit affirmed the dismissal of the consolidated amended complaint.

On June 1, 2021, an eighth putative shareholder derivative complaint was filed in the USDC-NJ, naming us and certain of our current and former directors and officers at that time as defendants. The complaint asserts claims similar to those in the previously-filed putative shareholder derivative actions. On March 31, 2022, we and certain of our current and former directors and officers moved to dismiss the complaint. On November 30, 2022, the USDC-NJ denied without prejudice those motions. The USDC-NJ ordered the parties to conduct limited discovery related to the issue of whether our board of directors wrongfully refused the plaintiff’s earlier litigation demand and, after the conclusion of such limited discovery, to file targeted motions for summary judgment on the issue of wrongful refusal. On July 25, 2025, we reached an agreement in principle to settle this lawsuit, which later was approved by our board of directors and the individual defendants. The amount of the settlement is expected to be immaterial to the Company’s consolidated financial statements. On November 26, 2025, plaintiff filed an unopposed motion for preliminary approval of the settlement, which is awaiting the court's approval.

See Note 10 for information relating to the ITD Dispute.
On September 18, 2017, three former employees filed suit against Cognizant in the USDC-CDCA, alleging that they and similarly situated employees suffered disparate treatment on the basis of race in violation of 42 U.S.C. § 1981. Plaintiffs subsequently amended their complaint three times, adding a fourth former employee plaintiff and claims for both disparate treatment and disparate impact on the basis of race and national origin under Title VII and disparate treatment and disparate impact on the basis of race and national origin under Title VII. Plaintiffs filed the operative Third Amended Complaint-Corrected on January 19, 2021. Cognizant filed its answer on January 29, 2021.

On May 13, 2022, plaintiffs filed a motion requesting that the USDC-CDCA certify the case as a class action for two putative classes of plaintiffs consisting of: (1) all individuals who are not of South Asian race or Indian national origin who applied to Cognizant in the U.S. and were not hired since September 2013 (the “hiring class”); and (2) all individuals who are not of South Asian race or Indian national origin who have been terminated in the U.S. since September 2013 (the “terminations class”). Cognizant opposed. On October 27, 2022, the court denied certification for the hiring class and the terminations class. However, the court granted certification for a sub-set of the terminations class limited to approximately 2,300 former employees whose employment had been terminated from the “bench,” a designation for employees who are not allocated to an active project. On November 10, 2022, Cognizant filed a petition with the Ninth Circuit requesting permission to appeal the class certification order as to the bench terminations class. The Ninth Circuit denied the petition on January 26, 2023.

From June 13, 2023 to June 26, 2023, the USDC-CDCA held a class action jury trial on the first phase of plaintiffs’ Section 1981 claim and Title VII disparate treatment claim. The questions presented were whether Cognizant engaged in a pattern or practice of discrimination against non-South Asian and non-Indian employees with respect to bench terminations, and if so, whether punitive damages are available for class members who prevail on their claims. The jury deadlocked, and the court declared a mistrial.

The case proceeded to a retrial on September 24, 2024, and on October 4, 2024, the jury returned a verdict in favor of plaintiffs. On December 5, 2025, the USDC-CDCA awarded plaintiffs $16 million in interim attorneys’ fees and costs; and separately found in plaintiffs’ favor on their claim that Cognizant policies had a disparate impact on non-South Asian and non-Indian employees in view of the same evidence presented at the retrial. In addition to trials on certain non-class claims, the case will now proceed to the second phase to determine individualized liability and damages, if any, for each class member. As a result of the verdict, each non-South Asian and non-Indian class member who pursues claims in the second phase will be entitled to a rebuttable presumption that all termination decisions were discriminatory and to the possibility of recovering punitive damages if they prevail. We believe that class certification was improper, and that the second phase of the case will confirm that individualized issues should have precluded class certification. Cognizant will continue to vigorously defend itself and pursue all available appellate arguments concerning class certification, the September 24, 2024 trial, and related orders at the appropriate time. Because we cannot predict the number of individual plaintiffs who will proceed to the second phase, or the outcome of those cases, and in view of the appellate arguments regarding class certification, we are unable to reasonably estimate a possible loss or range of loss. We have not recorded any accruals related to the ultimate outcome of this matter.
Many of our engagements involve projects that are critical to the operations of our clients’ business and provide benefits that are difficult to quantify. Any failure in a client’s systems or our failure to meet our contractual obligations to our clients, including any breach involving a client’s confidential information or sensitive data, or our obligations under applicable laws or regulations could result in a claim for substantial damages against us, regardless of our responsibility for such failure. Although we attempt to contractually limit our liability for damages arising from negligent acts, errors, mistakes, or omissions in rendering our services, there can be no assurance that the limitations of liability set forth in our contracts will be enforceable in all instances or will otherwise protect us from liability for damages. Although we have general liability insurance coverage, including coverage for errors or omissions, we retain a significant portion of risk through our insurance deductibles and there can be no assurance that such coverage will cover all types of claims, continue to be available on reasonable terms or will be available in sufficient amounts to cover one or more large claims, or that the insurer will not disclaim coverage as to any future claim. The successful assertion of one or more large claims against us that exceed or are not covered by our insurance coverage or changes in our insurance policies, including premium increases or the imposition of large deductible or co-insurance requirements, could have a material adverse effect on our business, results of operations, financial position and cash flows for a particular period.
In the normal course of business and in conjunction with certain client engagements, we have entered into contractual arrangements through which we may be obligated to indemnify clients or other parties with whom we conduct business with respect to certain matters. These arrangements can include provisions whereby we agree to hold the indemnified party and certain of their affiliated entities harmless with respect to third-party claims related to such matters as our breach of certain representations or covenants, our intellectual property infringement, our gross negligence or willful misconduct or certain other claims made against certain parties. Payments by us under any of these arrangements are generally conditioned on the client making a claim and providing us with full control over the defense and settlement of such claim. It is not possible to determine
the maximum potential liability under these indemnification agreements due to the unique facts and circumstances involved in each particular agreement. Historically, we have not made material payments under these indemnification agreements and therefore they have not had a material impact on our operating results, financial position, or cash flows. However, if events arise requiring us to make payment for indemnification claims under our indemnification obligations in contracts we have entered, such payments could have a material adverse effect on our business, results of operations, financial position and cash flows for a particular period.
v3.25.4
Employee Benefits
 12 Months Ended
Dec. 31, 2025
Retirement Benefits, Description [Abstract]  
Employee Benefits
Defined Contribution Plans
We contribute to defined contribution plans, including 401(k) savings and supplemental retirement plans in the United States. Total expenses for our contributions to our U.S. plans were $124 million, $115 million and $117 million for the years ended December 31, 2025, 2024 and 2023, respectively.
In addition, we maintain employee benefit plans that cover substantially all India-based employees. The employees’ provident fund, pension and family pension plans are statutorily defined contribution retirement benefit plans. Under the plans, employees contribute up to 12.0% of their eligible compensation, which is matched by an equal contribution by the Company. For these plans, we recognized a contribution expense of $152 million, $151 million and $149 million for the years ended December 31, 2025, 2024 and 2023, respectively.
Outside of the United States and India, we incurred expenses of $125 million, $104 million and $107 million for the years ended December 31, 2025, 2024 and 2023, respectively, related to our contributions to defined contribution plans.
Defined Benefit Pension Plans
We offer defined benefit pension plans that are statutorily required and primarily cover employees in certain countries. Our primary plan is in Switzerland, which provides pension benefits based on a participant’s contributions, the Company’s matching contributions and a minimum pension guarantee. As of December 31, 2025 and 2024, the net liability recognized on the balance sheet for our pension plans was $55 million and $63 million, respectively. The net periodic pension costs recognized in the income statement for the years ended December 31, 2025, 2024 and 2023 were $13 million, $21 million, $16 million, respectively.
Other Defined Benefit Plans
We offer a gratuity plan in India that is a statutory defined benefit plan providing lump sum benefits to employees on separation or retirement. We maintain an employees’ gratuity fund with a government-owned insurance corporation to fund a portion of the estimated obligation. As of December 31, 2025 and 2024, the amount accrued under the gratuity plan was $205 million and $80 million, respectively, which is net of fund assets of $250 million and $231 million, respectively. During the fourth quarter of 2025, the Labor Code reforms implemented by the Government of India caused our gratuity liability for prior services to increase by $147 million, which we recognized as a component of other comprehensive income. We recognized gratuity benefit expense of $10 million, $4 million and $56 million for the years ended December 31, 2025, 2024 and 2023, respectively.
v3.25.4
Stock-Based Compensation Plans
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Stock-Based Compensation Plans
Our 2023 Incentive Plan provides for the issuance of a total of 25.0 million shares of Class A common stock to eligible employees, less (i) the number of shares granted under the 2017 Incentive Plan between March 24, 2023 and June 6, 2023, plus (ii) any shares subject to awards under the prior 2017 and 2009 Incentive Plans that are forfeited after June 6, 2023. The 2023 Incentive Plan does not affect any awards outstanding under the prior plans. The Purchase Plan provides for the issuance of up to 50.0 million shares of Class A common stock to eligible employees. As of December 31, 2025, we have 20.2 million and 9.8 million shares available for grant under the 2023 Incentive Plan and the Purchase Plan, respectively.
The allocation of total stock-based compensation expense between cost of revenues, selling, general and administrative expenses and restructuring charges as well as the related income tax benefit were as follows for the three years ended December 31:
(in millions)202520242023
Cost of revenues$26 $26 $30 
SG&A expenses155 150 153 
Restructuring charges
— (1)(7)
Total stock-based compensation expense$181 $175 $176 
Income tax benefit$37 $38 $34 
Restricted Stock Units and Performance Stock Units
We granted RSUs that vest in quarterly or annual installments over periods of up to four years to employees, including our executive officers. A summary of the activity for RSUs granted under our stock-based compensation plans as of December 31, 2025 and changes during the year then ended is presented below:
Number of
Units
(in millions)		Weighted Average
Grant Date
Fair Value
(in dollars)
Unvested at January 1, 2025
2.8 $73.47 
Granted2.4 81.98 
Vested(2.1)74.93 
Forfeited(0.4)78.48 
Unvested at December 31, 2025
2.7 $79.08 
The total vesting date fair value of vested RSUs was $164 million, $172 million and $176 million for the years ended December 31, 2025, 2024 and 2023, respectively. The weighted-average grant date fair value of RSUs granted in 2025, 2024 and 2023 was $81.98, $77.66 and $65.95, respectively. As of December 31, 2025, $149 million of total remaining unrecognized stock-based compensation cost related to RSUs is expected to be recognized over the weighted-average remaining requisite service period of 1.5 years.

We granted PSUs that vest over periods up to four years to employees, including our executive officers. The vesting of PSUs is contingent on meeting certain financial performance targets, market conditions and continued service. A summary of the activity for PSUs granted under our stock-based compensation plans as of December 31, 2025 and changes during the year then ended is presented below. The presentation reflects the number of PSUs at the maximum performance milestones.
Number of
Units
(in millions)		Weighted Average
Grant Date
Fair Value
(in dollars)
Unvested at January 1, 2025
1.5 $76.76 
Granted0.8 90.15 
Vested(0.1)92.06 
Forfeited(0.2)81.01 
Adjustment at the conclusion of the performance measurement period
(0.4)65.57 
Unvested at December 31, 2025
1.6 $84.71 
The total vesting date fair value of vested PSUs was $5 million, $15 million and $22 million for the years ended December 31, 2025, 2024 and 2023, respectively. The weighted-average grant date fair value of PSUs granted in 2025, 2024 and 2023 was $90.15, $83.63 and $67.82, respectively. As of December 31, 2025, $29 million of the total remaining unrecognized stock-based compensation cost related to PSUs is expected to be recognized over the weighted-average remaining requisite service period of 1.2 years.

All RSUs and PSUs have dividend equivalent rights, which entitle holders to the same dividend value per share as holders of common stock. Dividend equivalent rights are subject to the same vesting and other terms and conditions as the corresponding unvested RSUs and PSUs and are accumulated and paid when the underlying shares vest.
Purchase Plan
For the years ended December 31, 2025, 2024 and 2023, the Purchase Plan provided for eligible employees to purchase shares of Class A common stock at a price equal to 95% of the fair market value per share of our Class A common stock on the last date of the purchase period. This plan has been deemed non-compensatory and, therefore, no compensation expense has been recorded. During the years ended December 31, 2025, 2024 and 2023, we issued 0.8 million shares, 0.9 million shares and 1.1 million shares, respectively, of Class A common stock under the Purchase Plan.
v3.25.4
Segment Information
 12 Months Ended
Dec. 31, 2025
Segment Reporting Information, Revenue for Reportable Segment [Abstract]  
Segment Information
Our chief executive officer is our chief operating decision maker. Our CODM regularly reviews the performance of our business by four industry-based operating segments, which are our four reportable business segments: Health Sciences, Financial Services, Products and Resources, and Communications, Media and Technology.

We have an industry-led go-to-market strategy, with client partners, account executives and client relationship managers aligned to the specific industries they serve. Our CODM is regularly provided segment revenues and operating profit, including budget‑to‑actual variances in segment revenue, to formulate industry-focused strategic priorities, allocate financial resources, set targets and key performance indicators, and evaluate the results of such strategies. These strategic priorities, targets and key performance indicators are translated and applied to each client account, rolling up to respective industry-based operating segments. Our hiring and deployment plans are devised according to the strategic priorities and targets set for the client accounts.

In the first quarter of 2025, we made certain changes to the internal measurement of segment operating profit for the purpose of evaluating segment performance and resource allocation. The primary reason for the change was to reflect a more complete cost of delivery. Specifically, segment operating profit now includes an allocation of certain corporate costs, which were previously included in "unallocated costs." We have reported 2025 segment operating profits using the new allocation methodology and have recast the 2024 results to conform to the new methodology. While we have recast the 2024 results to conform to the new methodology, it is impracticable for us to recast our 2023 segment operating results as the detailed information required for the allocation of such costs to the segments is not reasonably available.

Revenue from each client is attributed to the operating segment that is most closely aligned with the client's business we serve. Segment operating profit represents income from operations excluding certain unallocated corporate costs. Our CODM is not regularly provided with segment expenses. A portion of depreciation and amortization expense, certain corporate costs, the impact of the settlements of the cash flow hedges, the gain on the sale of property and equipment and expenses related to our NextGen program are not allocated to individual segments. Accordingly, such expenses are excluded from segment operating profit and are included below as “unallocated costs” and adjusted against our total income from operations.

We do not disclose assets by segment as a significant portion of the assets is used interchangeably among the segments and our CODM is not provided such information.
Information by reportable segment were as follows:
Year Ended December 31, 2025
(in millions)HSFSP&RCMTTotal
Revenues
$6,347 $6,173 $5,285 $3,303 $21,108 
Less: other segment items
5,114 5,144 4,498 2,867 17,623 
Segment operating profit1,233 1,029 787 436 3,485 
Less: unallocated costs96 
Income from operations$3,389 
Year Ended December 31, 2024
(in millions)
HS
FS
P&R
CMT
Total
Revenues
$5,932 $5,753 $4,782 $3,269 $19,736 
Less: other segment items
4,859 4,838 4,011 2,876 16,584 
Segment operating profit1,073 915 771 393 3,152 
Less: unallocated costs260 
Income from operations$2,892 
As described above, in the first quarter of 2025 we made changes to the internal measurement of segment operating profits. While we have recast the 2024 results to conform to the new methodology, it is impracticable for us to recast our 2023 segment operating results as the detailed information required for the allocation of such costs to the segments is not reasonably available.
Year Ended December 31, 2023
(in millions)
HS
FS
P&R
CMT
Total
Revenues
$5,674 $5,809 $4,628 $3,242 $19,353 
Less: other segment items
4,322 4,653 3,644 2,617 15,236 
Segment operating profit1,352 1,156 984 625 4,117 
Less: unallocated costs1,428 
Income from operations$2,689 

Other segment items for each reportable segment primarily include employee compensation and benefits, subcontractor costs, costs of third-party products and services related to revenue and project-related travel.
Geographic Area Information
Long-lived assets by geographic area are as follows:
(in millions)20252024
Long-lived Assets:(1)
North America(2)
$300 $338 
Europe67 72 
Rest of World(3)
566 584 
Total$933 $994 
(1)    Long-lived assets include property and equipment, net of accumulated depreciation and amortization.
(2)    Substantially all relates to the United States.
(3)    Substantially all relates to India.
v3.25.4
Subsequent Events (Notes)
 12 Months Ended
Dec. 31, 2025
Subsequent Event [Line Items]  
Subsequent Events [Text Block]
Dividend
On February 3, 2026, our Board of Directors approved the Company's quarterly declaration of a $0.33 per share dividend with a record date of February 18, 2026 and a payment date of February 26, 2026.
Acquisition
On January 1, 2026, through the execution of a purchase agreement, we acquired 100% ownership in 3Cloud, one of the largest independent Microsoft Azure services providers and a global leader in Azure-dedicated AI enablement solutions and products. This acquisition expands our Azure portfolio and deepens our expertise in complex, engineering-intensive engagements that enable AI-led business transformation. On December 31, 2025, we placed cash consideration of $733 million in escrow, which was deemed to be restricted cash and included in "Other noncurrent assets" in our consolidated statement of financial position. We are yet to complete the initial accounting for the acquisition and, therefore, unable to disclose the major classes of assets acquired and liabilities assumed, and any separately recognized transactions
v3.25.4
Valuation And Qualifying Accounts
 12 Months Ended
Dec. 31, 2025
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Valuation And Qualifying Accounts
Valuation and Qualifying Accounts
For the Years Ended December 31, 2025, 2024 and 2023
(in millions)
 
(in millions)
Balance at
Beginning of
Period		Charged to
Costs and
Expenses		Charged to
Other
Accounts		Deductions
/Other		Balance at
End of
Period
Warranty accrual:
2025$38 $43 $— $38 $43 
2024$40 $38 $— $40 $38 
2023$41 $40 $— $41 $40 
Valuation allowance—deferred income tax assets:
2025$48 $390 $— $11 $427 
2024$53 $1 $— $6 $48 
2023$41 $14 $— $2 $53 
v3.25.4
Insider Trading Arrangements
 3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2025
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement   o director or Section 16 officer adopted or terminated any Rule 10b5-1 trading arrangements or non-Rule 10b5-1 trading arrangements (in each case, as defined in Item 408(a) of Regulation S-K).
Rule 10b5-1 Arrangement Adopted false  
Non-Rule 10b5-1 Arrangement Adopted false  
Rule 10b5-1 Arrangement Terminated false  
Non-Rule 10b5-1 Arrangement Terminated false  
v3.25.4
Insider Trading Policies and Procedures
 12 Months Ended
Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true
v3.25.4
Cybersecurity Risk Management and Strategy Disclosure
 12 Months Ended
Dec. 31, 2025
Cybersecurity Risk Management, Strategy, and Governance [Line Items]  
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]
Cybersecurity risk management is an integral part of our overall enterprise risk management program. Our cybersecurity risk management program, which is managed by Cognizant’s Corporate Security team, is designed to identify, assess and manage risks from cybersecurity threats and provides a framework for handling cybersecurity threats and incidents. The program is also aligned with the risk assessment framework established by the enterprise risk management team.
Our cybersecurity risk management framework includes steps for assessing the severity of a cybersecurity threat (including an escalation process for potentially material cybersecurity threats and incidents to an internal committee comprised of members of senior management), identifying the source of a cybersecurity threat (including whether the cybersecurity threat is associated with a third-party service provider), implementing cybersecurity countermeasures and mitigation strategies. The internal committee is responsible for assessing the materiality of cybersecurity threats and incidents and informs designated members of executive leadership and of the Board of Directors of material cybersecurity threats and incidents.
Cognizant's cybersecurity risk management program is guided by industry-recognized security frameworks, including NIST SP 800-37 (Risk Management Framework), NIST SP 800-30 (Risk Assessment Guide), and NIST SP 800-53 (Security and Privacy Controls). In addition, Cognizant maintains global and regional information security certifications such as ISO 27001, UK Cyber Essentials Plus, and ENS, which collectively help demonstrate Cognizant's commitment to a robust, independently validated security program. Cognizant considers the NIST Cybersecurity Framework (CSF 2.0) in designing our cybersecurity program and engages an independent third party to assess program maturity. Additionally, we also engage third-party cybersecurity experts to conduct penetration testing among other items. Key findings from the third-party assessments are
summarized and communicated to the Company's senior leadership and the Audit Committee, and remediation actions are implemented to enhance our overall cybersecurity program.
We require our vendors to comply with privacy and cybersecurity requirements, and we perform risk assessments of vendors, including their ability to protect data from unauthorized access. We include data protection and security content as part of annual training required of employees.
In 2025, we did not identify any cybersecurity threats that have materially affected or are reasonably likely to materially affect our business strategy, results of operations, or financial condition. For further discussion of the cybersecurity risks and threats we face, please see Item 1A. “Risk Factors”.
Cybersecurity Risk Management Processes Integrated [Flag] true
Cybersecurity Risk Management Processes Integrated [Text Block] Cybersecurity risk management is an integral part of our overall enterprise risk management program. Our cybersecurity risk management program, which is managed by Cognizant’s Corporate Security team, is designed to identify, assess and manage risks from cybersecurity threats and provides a framework for handling cybersecurity threats and incidents. The program is also aligned with the risk assessment framework established by the enterprise risk management team.
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] false
Cybersecurity Risk Board of Directors Oversight [Text Block]
As part of our overall enterprise risk management program, we prioritize the identification and management of cybersecurity risk at several levels. Our Board of Directors has overall oversight responsibility for our risk management, and delegates cybersecurity risk management oversight to the Audit Committee, which is responsible for reviewing that management has processes in place designed to identify and evaluate cybersecurity risks and implement processes and programs to manage cybersecurity risks and mitigate cybersecurity incidents.
Management is responsible for identifying, considering and assessing material cybersecurity risks on an ongoing basis, establishing processes designed to ensure that such potential cybersecurity risk exposures are monitored, putting in place appropriate mitigation measures and maintaining cybersecurity programs.
Our cyber risk assessment program is managed by our Corporate Security team, which is led by our CSO, who has over 25 years of experience in the cybersecurity and technology industry. The CSO reports to Cognizant's CLO. The CSO manages multiple teams within Corporate Security that are operationally responsible for the security of the Company, including Global Cyber Operations, Business Information Security, Global Business Resilience, Integrated Risk Management and Security Architecture (including AI Security), each of which provides regular updates to the CSO regarding cyber threat intelligence, cyber incidents and cyber risk metrics as part of their security responsibilities. The CSO works closely with the CIO, who is responsible for Cognizant's information technology and digital transformation strategy. Together, the CSO and CIO have a mutual set of responsibilities to align, implement and govern security policies, standards and technology controls throughout the enterprise. On a quarterly basis, the CSO and CIO provide updates to the Audit Committee on, among other things, key cybersecurity metrics, status of projects to strengthen the Company's information security systems and assessments of the Company's security program. The Audit Committee reports to the Board of Directors, which also receives periodic updates on such matters.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]
As part of our overall enterprise risk management program, we prioritize the identification and management of cybersecurity risk at several levels. Our Board of Directors has overall oversight responsibility for our risk management, and delegates cybersecurity risk management oversight to the Audit Committee, which is responsible for reviewing that management has processes in place designed to identify and evaluate cybersecurity risks and implement processes and programs to manage cybersecurity risks and mitigate cybersecurity incidents.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] On a quarterly basis, the CSO and CIO provide updates to the Audit Committee on, among other things, key cybersecurity metrics, status of projects to strengthen the Company's information security systems and assessments of the Company's security program. The Audit Committee reports to the Board of Directors, which also receives periodic updates on such matters.
Cybersecurity Risk Role of Management [Text Block] Management is responsible for identifying, considering and assessing material cybersecurity risks on an ongoing basis, establishing processes designed to ensure that such potential cybersecurity risk exposures are monitored, putting in place appropriate mitigation measures and maintaining cybersecurity programs.
Cybersecurity Risk Management Positions or Committees Responsible [Flag] true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block] The CSO manages multiple teams within Corporate Security that are operationally responsible for the security of the Company, including Global Cyber Operations, Business Information Security, Global Business Resilience, Integrated Risk Management and Security Architecture (including AI Security), each of which provides regular updates to the CSO regarding cyber threat intelligence, cyber incidents and cyber risk metrics as part of their security responsibilities. The CSO works closely with the CIO, who is responsible for Cognizant's information technology and digital transformation strategy. Together, the CSO and CIO have a mutual set of responsibilities to align, implement and govern security policies, standards and technology controls throughout the enterprise.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block] Our cyber risk assessment program is managed by our Corporate Security team, which is led by our CSO, who has over 25 years of experience in the cybersecurity and technology industry.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] On a quarterly basis, the CSO and CIO provide updates to the Audit Committee on, among other things, key cybersecurity metrics, status of projects to strengthen the Company's information security systems and assessments of the Company's security program.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] true
v3.25.4
Business Description and Summary of Significant Accounting Policies (Policies)
 12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Basis of Presentation And Principles of Consolidation Basis of Presentation, Principles of Consolidation and Use of Estimates. The consolidated financial statements are presented in accordance with GAAP and reflect the consolidated financial position, results of operations, comprehensive income and cash flows of our consolidated subsidiaries for all periods presented. All intercompany balances and transactions have been eliminated in consolidation.
Use Of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying disclosures. We evaluate our estimates on a continuous basis. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. The actual amounts may vary from the estimates used in the preparation of the accompanying consolidated financial statements.
Cash And Cash Equivalents And Investments
Cash and Cash Equivalents. Cash and cash equivalents consist of all cash balances, including money market funds and time deposits that have a maturity, at the date of purchase, of 90 days or less.
Short-Term Financial Assets And Liabilities
Financial Assets and Liabilities. Cash and certain cash equivalents, time deposits, trade receivables, accounts payable and other accrued liabilities are short-term in nature and, accordingly, their carrying values approximate fair value.
Property And Equipment
Property and Equipment. Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets. Leasehold improvements are amortized on a straight-line basis over the shorter of the term of the lease or the estimated useful life of the asset. Deposits paid towards acquisition of long-lived assets and the cost of assets not put in use by the balance sheet date are disclosed under the caption "Capital work-in-progress" in Note 5.
Lessee, Leases
Leases. Our lease asset classes primarily consist of operating leases for office space, data centers and IT equipment. At inception of a contract, we determine whether a contract contains a lease, and if a lease is identified, whether it is an operating or finance lease. In determining whether a contract contains a lease we consider whether (1) we have the right to obtain substantially all of the economic benefits from the use of the asset throughout the term of the contract, (2) we have the right to direct how and for what purpose the asset is used throughout the term of the contract and (3) we have the right to operate the asset throughout the term of the contract without the lessor having the right to change the terms of the contract. Some of our lease agreements contain both lease and non-lease components that we account for as a single lease component for all of our lease asset classes.
Our ROU lease assets represent our right to use an underlying asset for the lease term and may include any advance lease payments made and any initial direct costs and exclude lease incentives. Our lease liabilities represent our obligation to make lease payments arising from the terms of the lease. ROU lease assets and lease liabilities are recognized at the commencement of the lease and are calculated using the present value of lease payments over the lease term. Typically, our lease agreements do not provide sufficient detail to determine the rate implicit in the lease. Therefore, we use our estimated country-specific incremental borrowing rate based on information available at the commencement date of the lease to calculate the present value of the lease payments. In estimating our country-specific incremental borrowing rates, we consider market rates of comparable collateralized borrowings for similar terms. Our lease terms may include the option to extend or terminate the lease before the
end of the contractual lease term. Our ROU lease assets and lease liabilities include these options when it is reasonably certain that they will be exercised.
A portion of our real estate lease costs is subject to annual changes in the CPI. Changes in CPI subsequent to the lease commencement are treated as variable lease payments and are recognized in the period in which the obligation for those payments is incurred. Other variable lease costs primarily relate to adjustments for common area maintenance, utilities, property tax and lease concessions. These variable costs are recognized in the period in which the obligation is incurred.

We do not recognize ROU assets and lease liabilities for short-term leases with a term equal to or less than 12 months. We recognize the lease payments in our income statement as a single lease cost on a straight-line basis over the lease term and variable lease payments in the period in which the obligation for those payments is incurred.

Both ROU assets and finance lease assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the related asset group may not be recoverable.
Internal Use Software
Internal Use Software. We capitalize certain costs that are incurred to purchase, develop and implement internal-use software during the application development phase, which primarily include coding, testing and certain data conversion activities. These capitalized costs are reported in "Property and equipment, net" in our consolidated statements of financial position. Capitalized costs are amortized on a straight-line basis over the useful life of the software. Costs incurred in performing planning and post-implementation activities are expensed as incurred.
Cloud Computing Arrangements Cloud Computing Arrangements. We defer certain implementation costs that are incurred when implementing cloud computing service or software-as-a-service arrangements, which primarily include efforts associated with configuration and development activities. These capitalized costs are reported in "Other current assets" and "Other noncurrent assets" in our consolidated statements of financial position. Once the service is ready for use, deferred costs are expensed over the non-cancelable term, including reasonably certain renewals, of the arrangement and recognized in income from operations in the same line item as the related hosting service fees.
Software to be Sold Leased or Marketed
Software to be Sold, Leased or Marketed. We capitalize costs incurred after technological feasibility is reached but before software is available for general release to clients, which primarily include coding and testing activities. Once the product is ready for general release, capitalized costs are amortized over the useful life of the software.
Business Combinations
Business Combinations. We account for business combinations using the acquisition method, which requires the identification of the acquirer, the determination of the acquisition date and the allocation of the purchase price paid by the acquirer to the identifiable tangible and intangible assets acquired, the liabilities assumed, including any contingent consideration and any noncontrolling interest in the acquiree at their acquisition date fair values. Goodwill represents the excess of the purchase price over the fair value of net assets acquired, including the amount assigned to identifiable intangible assets. Identifiable intangible assets with finite lives are amortized over their expected useful lives. Acquisition-related costs are expensed in the periods in which the costs are incurred. The results of operations of acquired businesses are included in our consolidated financial statements from the acquisition date.
Equity Method Investments
Equity Method Investments. Equity investments that give us the ability to exercise significant influence, but not control, over an investee are accounted for using the equity method of accounting and recorded in the caption "Long-term investments" on our consolidated statements of financial position. As of December 31, 2025 and 2024, we had an equity method investment of $104 million and $84 million, respectively, in the technology sector.
Equity method investments are initially recorded at cost. We periodically review the carrying value of our equity method investments to determine if there has been an other-than-temporary decline in the carrying value. The investment balance is increased to reflect contributions and our share of earnings and decreased to reflect our share of losses, distributions and other-than-temporary impairments. Our proportionate share of the net income or loss of the investee is recorded in the caption "Income (loss) from equity method investments" on our consolidated statements of operations.
Long-Lived Assets And Finite-Lived Intangibles
Long-lived Assets and Finite-lived Intangible Assets. We review long-lived assets and certain finite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset group may not be recoverable. The carrying amount may not be recoverable when the sum of undiscounted expected future cash flows is less than the carrying amount of such asset groups. The impairment loss is determined as the amount by which the carrying amount of the asset group exceeds its fair value. Intangible assets consist primarily of customer relationships and developed technology, which are being amortized on a straight-line basis over their estimated useful lives.
Goodwill And Indefinite-Lived intangibles
Goodwill and Indefinite-lived Intangible Assets. At each acquisition date, we allocate goodwill and intangible assets to our industry-based reporting units based on how we expect each reporting unit to benefit from the respective business combination. A reporting unit is defined as an operating segment or one level below an operating segment. While we manage the business through our four industry-based operating segments, we have identified seven industry-based reporting units. We evaluate goodwill and indefinite-lived intangible assets for impairment at least annually, or as circumstances warrant. Goodwill is evaluated at the reporting unit level by comparing the fair value of the reporting unit with its carrying amount including goodwill. An impairment of goodwill exists if the carrying amount of the reporting unit exceeds its fair value. The impairment loss is the amount by which the carrying amount exceeds the reporting unit’s fair value, limited to the total amount of goodwill allocated to that reporting unit. For indefinite-lived intangible assets, if our qualitative assessment indicates that it is more-likely-than-not that an indefinite-lived intangible asset is impaired, we test the assets for impairment by comparing the fair value of such assets to their carrying value. If an impairment is indicated, a write down to the fair value of indefinite-lived intangible asset is recorded.
Stock Repurchase Program Stock Repurchase Program. Under the Board of Directors authorized stock repurchase program, the Company is authorized to repurchase its Class A common stock through open market purchases, including under a 10b5-1 Plan, in accordance with applicable federal securities laws. We account for the repurchased shares as constructively retired. Shares are returned to the status of authorized and unissued shares at the time of repurchase. To reflect share repurchases in the consolidated statements of financial position, we (1) reduce common stock for the par value of the shares, (2) reduce additional paid-in capital for the amount in excess of par during the period in which the shares are repurchased and (3) record any residual amount in excess of available additional paid-in capital as a reduction to retained earnings. Cash outflows for repurchases are classified as financing activities.
Revenue Recognition
Revenue Recognition. We recognize revenues as we transfer control of deliverables (products, solutions and services) to our clients in an amount reflecting the consideration to which we expect to be entitled. To recognize revenues, we apply the following five step approach: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenues when a performance obligation is satisfied. We account for a contract when it has approval and commitment from all parties, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectibility of consideration is probable. We apply judgment in determining the customer’s ability and intention to pay based on a variety of factors, including the customer’s historical payment experience.
For performance obligations where control is transferred over time, revenues are recognized based on the extent of progress towards completion of the performance obligation. The selection of the method to measure progress towards completion requires judgment and is based primarily on the nature of the deliverables to be provided.
Revenues related to fixed-price contracts for application development and systems integration services, consulting or other technology services are recognized as the service is performed using the cost-to-cost method, under which the total value of revenues is recognized on the basis of the percentage that each contract’s total labor cost to date bears to the total expected labor costs. Revenues related to fixed-price application maintenance, quality engineering and assurance as well as business process services are recognized based on our right to invoice for services performed for contracts in which the invoicing is representative of the value being delivered. If our invoicing is not consistent with the value delivered, revenues are recognized as the service is performed based on the cost-to-cost method described above. The cost-to-cost method requires estimation of future costs, which is updated as the project progresses to reflect the latest available information. Such estimates and changes in estimates involve the use of judgment. The cumulative impact of any revision in estimates is reflected in the financial reporting period in which the change in estimate becomes known and any anticipated losses on contracts are recognized immediately, where appropriate.

Revenues related to fixed-price hosting and infrastructure and security services are recognized based on our right to invoice for services performed for contracts in which the invoicing is representative of the value being delivered. If our invoicing is not consistent with the value delivered, revenues are recognized on a straight-line basis unless revenues are earned and obligations are fulfilled in a different pattern. The revenue recognition method applied to the types of contracts described above provides the most faithful depiction of performance towards satisfaction of our performance obligations; for example, the cost-to-cost method is used when the value of services provided to the customer is best represented by the costs expended to deliver those services.

Revenues related to our time-and-materials, transaction-based or volume-based contracts are recognized over the period the services are provided either using an output method such as labor hours, or a method that is otherwise consistent with the way in which value is delivered to the customer.
Revenues related to our non-hosted software license arrangements that do not require significant modification or customization of the underlying software are recognized when the software is delivered as control is transferred at a point in time. For software license arrangements that require significant functionality enhancements or modification of the software, revenues for the software license and related services are recognized as the services are performed in accordance with the methods applicable to application development and systems integration services described above. In software hosting arrangements, the rights provided to the customer, such as ownership of a license, contract termination provisions and the feasibility of the client to operate the software, are considered in determining whether the arrangement includes a license or a service. Sales-based and usage-based fees promised in exchange for licenses of intellectual property are not recognized as revenue until the uncertainty related to the variable amounts is resolved. Revenues related to software maintenance and support are recognized on a straight-line basis over the contract period.

Incentive revenues, volume discounts, or any other form of variable consideration is estimated using either the sum of probability weighted amounts in a range of possible consideration amounts (expected value) or the single most likely amount in a range of possible consideration amounts (most likely amount), depending on which method better predicts the amount of consideration to which we may be entitled. We include in the transaction price variable consideration only to the extent it is probable that a significant reversal of revenues recognized will not occur when the uncertainty associated with the variable consideration is resolved. Our estimates of variable consideration and determination of whether and when to include estimated amounts in the transaction price may involve judgment and are based largely on an assessment of our anticipated performance and all information that is reasonably available to us.

Revenues also include the reimbursement of out-of-pocket expenses. Our warranties generally provide a customer with assurance that the related deliverable will function as the parties intended because it complies with agreed-upon specifications and are therefore not considered an additional performance obligation in the contract.

We enter into arrangements that consist of multiple performance obligations. Such arrangements may include any combination of our deliverables. To the extent a contract includes multiple promised deliverables, we apply judgment to determine whether promised deliverables are capable of being distinct and are distinct in the context of the contract. If these criteria are not met, the promised deliverables are accounted for as a combined performance obligation. For arrangements with multiple distinct performance obligations, we allocate consideration among the performance obligations based on their relative standalone selling price. Standalone selling price is the price at which we would sell a promised good or service separately to the customer. When not directly observable, we typically estimate standalone selling price by using the expected cost plus margin or, in limited circumstances, the residual value approach. We typically establish a standalone selling price range for our deliverables, which is reassessed on a periodic basis or when facts and circumstances change.

We assess the timing of the transfer of goods or services to the customer as compared to the timing of payments to determine whether a significant financing component exists. As a practical expedient, we do not assess the existence of a significant financing component when the difference between payment and transfer of deliverables is a year or less. If the difference in timing arises for reasons other than the provision of finance to either the customer or us, no financing component is deemed to exist. The primary purpose of our invoicing terms is to provide customers with simplified and predictable ways of purchasing our services, not to receive or provide financing from or to customers. We do not consider set-up or transition fees paid upfront by our customers to represent a financing component, as such fees are required to encourage customer commitment to the project and protect us from early termination of the contract.

Our contracts may be modified to add, remove or change existing performance obligations. The accounting for modifications to our contracts involves assessing whether the services added to an existing contract are distinct and whether the pricing is at the standalone selling price. Services added that are not distinct are accounted for on a cumulative catch up basis, while those that are distinct are accounted for prospectively, either as a separate contract if the additional services are priced at the standalone selling price, or as a termination of the existing contract and creation of a new contract if not priced at the standalone selling price. Services added to our application development and systems integration service contracts are typically not distinct, while services added to our other contracts, including application maintenance, quality engineering and assurance as well as business process services contracts, are typically distinct.
We enter into arrangements with third party suppliers to resell products or services. In such cases, we evaluate whether we are the principal (i.e., report revenues on a gross basis) or agent (i.e., report revenues on a net basis). In doing so, we evaluate whether we control the good or service before it is transferred to the customer. If we control the good or service before it is transferred to the customer, we are the principal; if not, we are the agent. Determining whether we control the good or service before it is transferred to the customer requires significant judgment.
Trade Accounts Receivable, Contract Assets and Contract Liabilities. We classify our right to consideration in exchange for deliverables as either a receivable or a contract asset. A receivable is a right to consideration that is unconditional (i.e., only the passage of time is required before payment is due). For example, we recognize a receivable for revenues related to our time and materials and transaction or volume-based contracts when earned regardless of whether amounts have been billed. We present such receivables in "Trade accounts receivable, net" in our consolidated statements of financial position at their net estimated realizable value. A contract asset is a right to consideration that is conditional upon factors other than the passage of time. Contract assets are presented in "Other current assets" or "Other noncurrent assets" in our consolidated statements of financial position, based on the expected timing of billing, and primarily relate to unbilled amounts on fixed-price contracts utilizing the cost-to-cost method of revenue recognition. Our contract liabilities, or deferred revenue, consist of advance payments from clients and billings in excess of revenues recognized. We classify deferred revenue as current or noncurrent based on the timing of when we expect to recognize the revenues.
Our contract assets and contract liabilities are reported on a net basis by contract at the end of each reporting period. The difference between the opening and closing balances of our contract assets and contract liabilities primarily results from the timing difference between our performance obligations and the client’s payment. We receive payments from clients based on the terms established in our contracts, which vary from contract to contract.
Allowance for Credit Losses. We calculate expected credit losses for our trade accounts receivable and contract assets. Expected credit losses include losses expected based on known credit issues with specific customers as well as a general expected credit loss allowance based on relevant information, including historical loss rates, current conditions, and reasonable economic forecasts that affect collectibility. We update our allowance for credit losses on a quarterly basis with changes in the allowance recognized in income from operations.
Costs to Fulfill. Recurring operating costs for contracts with customers are recognized as incurred. Certain eligible, nonrecurring costs (i.e., set-up or transition costs) are capitalized when such costs (1) relate directly to the contract, (2) generate or enhance resources of the Company that will be used in satisfying the performance obligation in the future, and (3) are expected to be recovered. These costs are expensed ratably over the estimated life of the customer relationship, including expected contract renewals. In determining the estimated life of the customer relationship, we evaluate the average contract term on a portfolio basis by nature of the services to be provided, and apply judgment in evaluating the rate of technological and industry change. Capitalized amounts are monitored regularly for impairment. Impairment losses are recorded when projected remaining consideration that has not already been recognized as revenue less costs related to the services being provided are not sufficient to recover the carrying amount of the capitalized costs to fulfill. Costs to fulfill are recorded in "Other noncurrent assets" in our consolidated statements of financial position and the amortization expense of costs to fulfill is included in "Cost of revenues" in our consolidated statements of operations.
Accounts Receivable
Trade Accounts Receivable, Contract Assets and Contract Liabilities. We classify our right to consideration in exchange for deliverables as either a receivable or a contract asset. A receivable is a right to consideration that is unconditional (i.e., only the passage of time is required before payment is due). For example, we recognize a receivable for revenues related to our time and materials and transaction or volume-based contracts when earned regardless of whether amounts have been billed. We present such receivables in "Trade accounts receivable, net" in our consolidated statements of financial position at their net estimated realizable value. A contract asset is a right to consideration that is conditional upon factors other than the passage of time. Contract assets are presented in "Other current assets" or "Other noncurrent assets" in our consolidated statements of financial position, based on the expected timing of billing, and primarily relate to unbilled amounts on fixed-price contracts utilizing the cost-to-cost method of revenue recognition. Our contract liabilities, or deferred revenue, consist of advance payments from clients and billings in excess of revenues recognized. We classify deferred revenue as current or noncurrent based on the timing of when we expect to recognize the revenues.
Our contract assets and contract liabilities are reported on a net basis by contract at the end of each reporting period. The difference between the opening and closing balances of our contract assets and contract liabilities primarily results from the timing difference between our performance obligations and the client’s payment. We receive payments from clients based on the terms established in our contracts, which vary from contract to contract.
Allowance for Credit Losses. We calculate expected credit losses for our trade accounts receivable and contract assets. Expected credit losses include losses expected based on known credit issues with specific customers as well as a general expected credit loss allowance based on relevant information, including historical loss rates, current conditions, and reasonable economic forecasts that affect collectibility. We update our allowance for credit losses on a quarterly basis with changes in the allowance recognized in income from operations.
Stock-Based Compensation
Stock-Based Compensation. Stock-based compensation expense for awards of equity instruments to employees and non-employee directors is determined based on the grant date fair value of those awards. We recognize these compensation costs net of an estimated forfeiture rate over the requisite service period of the award. Forfeitures are estimated on the date of grant and revised if actual or expected forfeiture activity differs materially from original estimates. Stock-based compensation expense relating to RSUs and PSUs is recognized as shares vest over the requisite service period. If the minimum performance targets are not met, no compensation cost is recognized and any recognized compensation cost is reversed, except for awards subject to a market condition. The fair value of RSUs and PSUs is determined based on the number of stock units granted and the quoted price of our stock at the date of grant. The fair value of PSUs granted subject to a market condition is determined using a Monte Carlo valuation model.
Foreign Currency
Foreign Currency. The assets and liabilities of our foreign subsidiaries whose functional currency is not the U.S. dollar are translated into U.S. dollars at current exchange rates while revenues and expenses are translated at average monthly exchange rates. The resulting translation adjustments are recorded in the caption "Accumulated other comprehensive income (loss)" on the consolidated statements of financial position.
Foreign currency transactions and balances are those that are denominated in a currency other than the entity’s functional currency. An entity's functional currency is the currency of the primary economic environment in which it operates. The U.S. dollar is the functional currency for some of our foreign subsidiaries. For these subsidiaries, transactions and balances denominated in the local currency are foreign currency transactions. Foreign currency transactions and balances related to non-monetary assets and liabilities are remeasured to the functional currency of the entity at historical exchange rates while monetary assets and liabilities are remeasured to the functional currency of the entity at current exchange rates. Foreign currency exchange gains or losses from remeasurement are included in the caption "Foreign currency exchange gains (losses), net" on our consolidated statements of operations together with gains or losses on our undesignated foreign currency hedges.
Derivative Financial Instruments
Derivative Financial Instruments. Derivative financial instruments are recorded on our consolidated statements of financial position as either an asset or liability measured at its fair value as of the reporting date. Our derivative financial instruments consist primarily of foreign exchange forward and option contracts. We designate certain derivative instruments as accounting hedges when the relationship is formally documented and the hedge is expected to be highly effective in achieving offsetting changes in the fair value of or cash flows of the hedged item. Changes in our derivatives’ fair values are recognized in net income unless specific hedge accounting and documentation criteria are met (i.e., the instruments are designated and accounted for as hedges). For derivative instruments designated as cash flow hedges, the entire change in fair value of the hedging instrument is recorded in the caption "Accumulated other comprehensive income (loss)" in the consolidated statements of financial position. Upon occurrence of the hedged transaction, the gains and losses on the derivative are recognized in net income. The cash flow impacts of all derivative activities are reflected as cash flows from operating activities.
Income Taxes
Income Taxes. We provide for income taxes utilizing the asset and liability method of accounting. Under this method, deferred income taxes are recorded to reflect the tax consequences in future years of differences between the tax basis of assets and liabilities and their financial reporting amounts at each balance sheet date, based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. If it is determined that it is more likely than not that future tax benefits associated with a deferred income tax asset will not be realized, a valuation allowance is provided. The effect of a change in tax rates on deferred income tax assets and liabilities is recognized in the provision for income taxes in the period that includes the enactment date.
Our provision for income taxes also includes the impact of reserves established for uncertain income tax positions, as well as the related interest, which may require us to apply judgment to complex issues and may require an extended period of time to resolve. We apply a “more likely than not” threshold when assessing the need for a reserve for an uncertain tax position, which involves significant judgment. Although we believe we have adequately reserved for our uncertain tax positions, no assurance can be given that the final outcome of these matters will not differ from our recorded amounts. We adjust these reserves in light of changing facts and circumstances, such as the closing of a tax audit or the expiration of the applicable statute of limitations. Additionally, we have tax positions that we believe are more likely than not to be realized and for which we have therefore not established a reserve. To the extent that the final outcome of these matters differs from the amounts recorded, such differences may materially impact, positively or negatively, the provision for income taxes in the period in which such determination is made. Interest and penalties related to uncertain tax positions are recognized in the provision for income taxes.
Earnings Per Share, Or EPS
Earnings Per Share. Basic EPS is computed by dividing earnings available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS, computed using the treasury stock method, includes all potential dilutive common stock in the weighted average shares outstanding. We excluded less than 1 million of anti-dilutive shares in each of 2025, 2024 and 2023 from our diluted EPS calculation. We include PSUs in the dilutive common shares when they become contingently issuable per the authoritative guidance and exclude them when they are not contingently issuable.
Recently Adopted/ New Accounting Pronouncements
Recently Adopted Accounting Pronouncements
Date Issued and Topic
Date Adopted and Method
DescriptionImpact
December 2023


Income Taxes (Topic 740): Improvements to Income Tax Disclosures
Annual period starting in 2025

Prospective basis
The standard requires enhanced income tax disclosures primarily related to the income tax rate reconciliation and income taxes paid information.
See Note 10 for disclosures that reflect the adoption of this standard.
New Accounting Pronouncements
Date Issued and Topic
Effective Date
DescriptionImpact
November 2024

Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40)
Annual period starting in 2027 and interim periods starting in 2028

Prospective basis
The standard is intended to improve financial reporting by requiring that public business entities disclose additional information about specific expense categories in the notes to financial statements at interim and annual reporting periods.
We are currently evaluating the impact on our disclosures.
July 2025

Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets
Annual reporting periods starting in 2026, and interim reporting periods within those annual reporting periods

Prospective basis
The standard is intended to simplify the measurement of credit losses for accounts receivable and contract assets by providing a practical expedient that allows an entity to assume that current conditions as of the balance sheet date do not change for the remaining life of the asset.

We are currently evaluating the impact of applying the practical expedient.
September 2025

Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software
Annual reporting periods starting in 2028, and interim reporting periods within those annual reporting periods

Prospective basis
The standard is intended to modernize the internal-use software guidance, making it easier to apply to various software development methods.

We are currently evaluating the impact on our internal use software capitalization policy.
December 2025

Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities

Annual reporting periods starting in 2029, and interim reporting periods within those annual reporting periods

Prospective basis

The standard provides authoritative guidance for business entities receiving government grants, establishing rules for their recognition, measurement, presentation, and disclosure.
We are currently evaluating the impact, and we do not expect the standard to have a significant impact on our financial statements.
Date Issued and Topic
Effective Date
DescriptionImpact
December 2025

Interim Reporting (Topic 270): Narrow-Scope Improvements

Interim reporting periods within annual reporting periods starting in 2028

Prospective basis

The standard clarifies the applicability of Topic 270, provides a comprehensive list of interim disclosures, and includes a disclosure principle that requires entities to disclose events since the end of the last annual reporting period that have a material impact on the entity.
We are currently evaluating the impact on our interim disclosures.
Costs Associated with Exit or Disposal Activity or Restructuring
Restructuring Charges. Restructuring charges principally consist of severance and related separation costs, facility exit costs, third party and other costs necessary to the restructuring program. The Company accrues for severance and other related separation costs when it is probable that termination benefits will be paid and the amount is reasonably estimable. Recognition of employee severance and other separation costs is also dependent on requirements established by severance policy, statutory laws, or historical experience. Facility exit costs generally reflect the accelerated lease expense for right-of-use assets, expected lease termination costs, and asset impairments in connection with closure of certain sites, net of gains on exit-related disposals. Third party and other costs include certain non-facility related asset impairments and professional services fees directly related to the restructuring program.
Restructuring costs are recorded in “Restructuring charges” in the consolidated statements of operations. The restructuring liability related to accrued employee separation costs is included in "Accrued expenses and other current liabilities" in the consolidated statements of financial position.
Pension and Other Postretirement Plans, Nonpension Benefits, Policy
Defined Benefit Plans. The funded status of the defined benefit plans, which is measured as the difference between the projected benefit obligation and the fair value of plan assets, is recognized on the consolidated statement of financial position. The projected benefit obligation is measured annually using actuarial valuation. Net periodic benefit cost includes service cost, interest cost, expected return on plan assets, and amortization of gains and losses and prior service costs. Gains and losses and prior service costs are initially recognized as a component of other comprehensive income and subsequently amortized and recognized as a component of net periodic benefit cost applying the requirements of applicable accounting guidance. Assumptions used in measuring the benefit obligation and net periodic benefit cost, such as discount rates and expected return on plan assets, are reviewed annually and updated as needed.
v3.25.4
Revenues (Tables)
 12 Months Ended
Dec. 31, 2025
Revenues [Abstract]  
Disaggregation of Revenue
Disaggregation of Revenues

The tables below present disaggregated revenues from contracts with clients by client location, service line and contract type for each of our reportable business segments. We believe this disaggregation best depicts how the nature, amount, timing and uncertainty of revenues and cash flows are affected by industry, market and other economic factors. Our consulting and technology services include consulting, application development, systems integration, quality engineering and assurance services as well as software solutions and related services while our outsourcing services include application maintenance, infrastructure and security as well as business process services. Revenues are attributed to geographic regions based upon client location, which is the client's billing address. Substantially all revenues in the North America region relate to clients in the United States.
Year Ended December 31, 2025
(in millions)HSFSP&RCMTTotal
Revenues
Geography:
North America$5,311 $4,380 $3,728 $2,361 $15,780 
United Kingdom214 643 584 481 1,922 
Continental Europe667 640 650 133 2,090 
Europe - Total881 1,283 1,234 614 4,012 
Rest of World 155 510 323 328 1,316 
Total$6,347 $6,173 $5,285 $3,303 $21,108 
Service line:
Consulting and technology services $3,651 $4,365 $3,697 $1,820 $13,533 
Outsourcing services2,696 1,808 1,588 1,483 7,575 
Total$6,347 $6,173 $5,285 $3,303 $21,108 
Type of contract:
Time and materials$1,978 $3,161 $2,239 $1,771 $9,149 
Fixed-price3,149 2,811 2,685 1,365 10,010 
Transaction or volume-based1,220 201 361 167 1,949 
Total$6,347 $6,173 $5,285 $3,303 $21,108 
Year Ended December 31, 2024
(in millions)HSFSP&RCMTTotal
Revenues
Geography:
North America$5,072 $4,075 $3,272 $2,279 $14,698 
United Kingdom186 572 558 511 1,827 
Continental Europe559 613 605 155 1,932 
Europe - Total745 1,185 1,163 666 3,759 
Rest of World 115 493 347 324 1,279 
Total$5,932 $5,753 $4,782 $3,269 $19,736 
Service line:
Consulting and technology services $3,456 $4,022 $3,193 $1,821 $12,492 
Outsourcing services2,476 1,731 1,589 1,448 7,244 
Total$5,932 $5,753 $4,782 $3,269 $19,736 
Type of contract:
Time and materials$1,968 $3,188 $1,995 $1,775 $8,926 
Fixed-price2,878 2,384 2,442 1,324 9,028 
Transaction or volume-based1,086 181 345 170 1,782 
Total$5,932 $5,753 $4,782 $3,269 $19,736 
Year Ended December 31, 2023
(in millions)HSFSP&RCMTTotal
Revenues
Geography:
North America$4,865 $4,091 $3,102 $2,205 $14,263 
United Kingdom167 613 534 571 1,885 
Continental Europe533 605 612 159 1,909 
Europe - Total700 1,218 1,146 730 3,794 
Rest of World 109 500 380 307 1,296 
Total$5,674 $5,809 $4,628 $3,242 $19,353 
Service line:
Consulting and technology services $3,238 $3,965 $3,010 $1,751 $11,964 
Outsourcing services2,436 1,844 1,618 1,491 7,389 
Total$5,674 $5,809 $4,628 $3,242 $19,353 
Type of contract:
Time and materials$2,004 $3,215 $1,837 $1,832 $8,888 
Fixed-price2,600 2,369 2,435 1,260 8,664 
Transaction or volume-based1,070 225 356 150 1,801 
Total$5,674 $5,809 $4,628 $3,242 $19,353 
Capitalized Contract Cost
Costs to Fulfill
The following table shows significant movements in the capitalized costs to fulfill:
(in millions)20252024
Beginning balance$209 $245 
Costs capitalized42 55 
Amortization expense(78)(89)
Impairment charges
(12)(2)
Ending balance$161 $209 
Costs to obtain contracts were immaterial for the periods disclosed.
Contract with Customer, Asset and Liability
The table below shows significant movements in contract assets (current and noncurrent):
(in millions)20252024
Beginning balance$386 $316 
Revenues recognized during the period but not billed451 358 
Amounts reclassified to trade accounts receivable(371)(288)
Ending balance$466 $386 
The table below shows significant movements in the deferred revenue balances (current and noncurrent):
(in millions)20252024
Beginning balance$480 $427 
Amounts billed but not recognized as revenues474 421 
Revenues recognized related to the beginning balance of deferred revenue(416)(380)
Amounts acquired in business combinations— 12 
Ending balance$538 $480 
Reinsurance Recoverable, Allowance for Credit Loss
The following table presents the activity in the allowance for credit losses for trade accounts receivable:
(in millions)202520242023
Beginning balance$26 $32 $43 
Credit loss expense (1)
11 12 12 
Write-offs charged against the allowance(14)(18)(23)
Ending balance$23 $26 $32 
(1)Reported in "Selling, general and administrative expenses" in our consolidated statements of operations.
v3.25.4
Business Combinations (Tables)
 12 Months Ended
Dec. 31, 2025
Business Combination [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block]
The allocations of purchase price to the fair value of the aggregate assets acquired and liabilities assumed were as follows:
(in millions)
Thirdera
BelcanTotalWeighted Average Useful Life
Cash$8 $55 $63 
Trade accounts receivable21 173 194 
Other current assets11 22 33 
Property and equipment and other noncurrent assets
2 22 24 
Operating lease assets
— 55 55 
Non-deductible goodwill180 614 794 
Tax-deductible goodwill164 — 164 
Customer relationship assets73 539 612 
11.0 years
Other definite-lived intangible assets
1 — 1 
1.0 years
Indefinite-lived intangible assets
— 45 45 
Operating lease liabilities, current
— (8)(8)
Other current liabilities
(29)(72)(101)
Deferred income tax liabilities, net
(3)(34)(37)
Operating lease liabilities, noncurrent
— (48)(48)
Purchase price$428 $1,363 $1,791 
The allocations of purchase price to the fair value of the aggregate assets acquired and liabilities assumed were as follows:
(in millions)OneSource VirtualMobicaTotalWeighted Average Useful Life
Cash$— $20 $20 
Trade accounts receivable— 10 10 
Other current assets4 8 12 
Property and equipment and other assets1 6 7 
Non-deductible goodwill18 202 220 
Tax-deductible goodwill88 — 88 
Customer relationship assets11 120 131 10.9 years
Current liabilities(18)(9)(27)
Noncurrent liabilities(1)(32)(33)
Purchase price$103 $325 $428 
v3.25.4
Restructuring and Related Activities (Tables)
 12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Charges
(in millions)2024
2023
Employee separation costs$85 $115 
Facility exit costs (1)
36 108 
Third party and other costs (2)
13 6 
Total restructuring charges$134 $229 
(1)For the year ended December 31, 2024, facility exit costs include lease restructuring of $23 million and accelerated depreciation charges of $13 million. For the year ended December 31, 2023, facility exit costs include lease restructuring of $71 million, accelerated depreciation charges of $36 million and impairment of long-lived assets of $1 million.
(2)Third party and other costs include certain non-facility related asset impairments and professional services fees directly related to the NextGen program.
Schedule of Restructuring Reserve by Type of Cost
Changes in our accrued employee separation costs included in "Accrued expenses and other current liabilities" in our consolidated statements of financial position are presented in the table below for the years ended December 31:
(in millions)20252024
Beginning balance$35 $42 
Employee separation costs accrued— 85 
Payments made(35)(92)
Ending balance$— $35 
v3.25.4
Property and Equipment, net (Tables)
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment, Net [Abstract]  
Schedule of property and equipment
Property and equipment were as follows as of December 31:
Estimated Useful Life20252024
(in years)(in millions)
Buildings30$719 $736 
Computer equipment
3 – 5
865 811 
Computer software
3 – 8
1,123 1,024 
Furniture and equipment
5 – 9
745 716 
Land6 6 
Capital work-in-progress98 115 
Leasehold improvementsShorter of the lease term or
the life of the asset		373 373 
Sub-total3,929 3,781 
Accumulated depreciation and amortization
(2,996)(2,787)
Property and equipment, net$933 $994 
v3.25.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Lease's Statement of Financial Position
The following table provides information on the components of our operating and finance leases included in our consolidated statement of financial position as of December 31:
LeasesLocation on Statement of Financial Position20252024
Assets(in millions)
ROU operating lease assetsOperating lease assets, net$573 $552 
ROU finance lease assetsProperty and equipment, net10 14 
Total $583 $566 
Liabilities
Current
Operating leaseOperating lease liabilities$153 $152 
Finance leaseAccrued expenses and other current liabilities10 8 
Noncurrent
Operating leaseOperating lease liabilities, noncurrent423 420 
Finance leaseOther noncurrent liabilities12 15 
Total$598 $595 
Schedule of Cash Flow and Other Information
The following table provides information on the weighted average remaining lease term and weighted average discount rate for our operating leases as of December 31:
Operating Lease Term and Discount Rate20252024
Weighted average remaining lease term
4.9 years
5.3 years
Weighted average discount rate5.7 %5.5 %
The following table provides supplemental cash flow and non-cash information related to our operating leases for the years ended December 31:
(in millions)202520242023
Cash paid for amounts included in the measurement of operating lease liabilities$192 $251 $240 
ROU assets obtained in exchange for operating lease liabilities160 123 86 
Reduction of ROU assets and lease liabilities as a result of our NextGen program
— (62)(110)
Schedule of Future Minimum Payments
The following table provides the schedule of maturities of our operating lease liabilities and a reconciliation of the undiscounted cash flows to the operating lease liabilities recognized in the statement of financial position as of December 31:
(in millions)2025
2026
$182 
2027
150 
2028
120 
2029
83 
2030
54 
Thereafter84 
Total operating lease payments673 
Interest(97)
Total operating lease liabilities$576 
v3.25.4
Goodwill and Intangible Assets, net (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule Of Goodwill
Changes in goodwill by our reportable business segments were as follows for the years ended December 31, 2025 and 2024:
(in millions)
January 1, 2025
Goodwill Additions
Foreign Currency Translation AdjustmentsDecember 31, 2025
Health Sciences$2,895 $— $20 $2,915 
Financial Services1,129 — 48 1,177 
Products and Resources1,884 — 50 1,934 
Communications, Media and Technology1,045 — 35 1,080 
Total goodwill$6,953 $— $153 $7,106 
(in millions)
January 1, 2024Goodwill Additions and AdjustmentsForeign Currency Translation AdjustmentsDecember 31, 2024
Health Sciences$2,840 $68 $(13)$2,895 
Financial Services1,109 48 (28)1,129 
Products and Resources1,217 698 (31)1,884 
Communications, Media and Technology919 144 (18)1,045 
Total goodwill$6,085 $958 $(90)$6,953 
Schedule of Finite-Lived Intangible Assets
Components of intangible assets were as follows as of December 31:
 20252024
(in millions)Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
Customer relationships$2,593 $(1,310)$1,283 $2,534 $(1,068)$1,466 
Developed technology394 (386)8 384 (379)5 
Indefinite lived trademarks116 — 116 116 — 116 
Finite lived trademarks and other84 (74)10 81 (69)12 
Total intangible assets$3,187 $(1,770)$1,417 $3,115 $(1,516)$1,599 
Schedule of Indefinite-Lived Intangible Assets
Components of intangible assets were as follows as of December 31:
 20252024
(in millions)Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount		Gross Carrying
Amount		Accumulated
Amortization		Net Carrying
Amount
Customer relationships$2,593 $(1,310)$1,283 $2,534 $(1,068)$1,466 
Developed technology394 (386)8 384 (379)5 
Indefinite lived trademarks116 — 116 116 — 116 
Finite lived trademarks and other84 (74)10 81 (69)12 
Total intangible assets$3,187 $(1,770)$1,417 $3,115 $(1,516)$1,599 
Schedule Of Estimated Amortization Expense
The following table provides the estimated amortization expense related to our existing intangible assets for the next five years.
(in millions)Estimated Amortization
2026
$217 
2027
209 
2028
187 
2029
169 
2030
144 
v3.25.4
Accrued Expenses and Other Current Liabilities (Tables)
 12 Months Ended
Dec. 31, 2025
Accrued Expenses And Other Current Liabilities [Abstract]  
Accrued Expenses And Other Current Liabilities
Accrued expenses and other current liabilities were as follows as of December 31:
(in millions)20252024
Compensation and benefits$1,490 $1,499 
Customer volume and other incentives317 247 
Liabilities related to the resale of third-party products
242 154 
Professional fees193 171 
Income taxes18 100 
Other404 439 
Total accrued expenses and other current liabilities$2,664 $2,610 
v3.25.4
Debt (Tables)
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of long-term debt
The following table summarizes the long-term debt balances as of December 31:
(in millions)20252024
Notes outstanding under revolving credit facility
$— $300 
Term Loan
577 610 
Less:
Current maturities - Term Loan
(33)(33)
Unamortized deferred financing costs(1)(2)
Long-term debt, net of current maturities$543 $875 
Schedule of debt maturities
The following represents the schedule of maturities of our Term Loan:
YearAmounts (in millions)
2026$33 
2027544 
Total$577 
v3.25.4
Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule Of Income Before Provision For Income Tax
Income before provision for income taxes shown below is based on the geographic location to which such income was attributed for years ended December 31:
(in millions)202520242023
United States$1,189 $906 $813 
Foreign2,290 2,032 1,974 
Income before provision for income taxes$3,479 $2,938 $2,787 
Schedule Of Components Of Provision For Income Taxes
The provision for income taxes consisted of the following components for the years ended December 31:
(in millions)202520242023
Current:
Federal
$216 
State
139 Federal and state$426 $522 
Foreign576 Foreign642 485 
Total current provision931 1,068 1,007 
Deferred:
Federal
302 
State
4 Federal and state(229)(354)
Foreign21 Foreign(126)15 
Total deferred income tax (benefit)
327 (355)(339)
Total provision for income taxes$1,258 $713 $668 
Reconciliation Between Effective Income Tax Rate and U.S. Federal Statutory Rate The reconciliation between the U.S. federal statutory rate and our effective income tax rate were as follows for the years ended December 31:
(in millions)
2025
%
Tax expense, at U.S. federal statutory rate
$731 21.0 
State and local income taxes (net of federal benefit)1
113 3.2 
Foreign tax effects
United Kingdom
Statutory tax rate difference49 1.4 
India86 2.5 
Other foreign jurisdictions
17 0.5 
Effect of changes in tax laws or rates enacted in the current period2
336 9.7 
Effect of cross- border tax laws
Foreign‑derived intangible income (FDII)
(55)(1.6)
Tax credits
(8)(0.2)
Changes in valuation allowances
(2)— 
Nontaxable or nondeductible items
(3)(0.1)
Changes in unrecognized tax benefits
(6)(0.2)
Tax expense, at effective tax rate
$1,258 36.2 
(1)State taxes in New York (including local taxes in New York City) and Connecticut made up the majority (greater than 50 percent) of the tax effect in this category.
(2)In July 2025, the OBBBA was enacted in the United States, which, among other provisions, repealed the requirement to capitalize U.S. R&E costs. As a result, we do not believe it is more likely than not that we will realize our deferred tax asset of $390 million related to R&E costs capitalized outside the United States. Of this $390 million, $336 million related to federal income tax while the remaining $54 million related to state and local income tax. These amounts would have otherwise been available to offset certain future U.S. taxes on our non-U.S. earnings, which, as a result of this repeal, we no longer project to be applicable to us. Therefore, in the third quarter of 2025, we recorded a one-time, non-cash income tax expense of $390 million.
 
(Dollars in millions)2024%2023%
Tax expense, at U.S. federal statutory rate$617 21.0 $585 21.0 
State and local income taxes, net of federal benefit
74 2.5 55 2.0 
Rate differential on foreign earnings104 3.5 95 3.4 
Recognition of benefits related to uncertain tax positions(15)(0.5)(33)(1.2)
Credits and other incentives(57)(1.9)(37)(1.3)
Other(10)(0.3)3 0.1 
Total provision for income taxes$713 24.3 $668 24.0 
Income taxes paid, net of refunds for the year ended December 31, 2025 were as follows:
(in millions)
Amount
Income Taxes Paid
U.S. federal
$272 
U.S. state & local
140 
Foreign
UK246 
India226 
Other jurisdictions
101 
Cash paid during the period for income taxes$985 
Schedule Of Deferred Tax Assets and Liabilities
The significant components of deferred income tax assets and liabilities recorded on the consolidated statements of financial position were as follows as of December 31:
(in millions)20252024
Deferred income tax assets:
Net operating losses$45 $50 
Revenue recognition (including intercompany revenue)422 51 
Compensation and benefits204 164 
Credit carryforwards18 11 
Expenses not currently deductible
848 1,189 
1,537 1,465 
Less: valuation allowance(427)(48)
Deferred income tax assets, net1,110 1,417 
Deferred income tax liabilities:
Depreciation and amortization295 298 
Deferred costs16 25 
Deferred income tax liabilities311 323 
Net deferred income tax assets$799 $1,094 
Summary Of Changes in Unrecognized Tax Benefits
Changes in unrecognized income tax benefits were as follows for the years ended December 31:
(in millions)202520242023
Balance, beginning of year$319 $260 $269 
Additions based on tax positions related to the current year37 15 31 
Additions for tax positions of prior years147 65 22 
Reductions for tax positions due to lapse of statutes of limitations(5)(15)(15)
Reductions for tax positions related to prior years
(3)(6)(33)
Settlements(8)— (14)
Balance, end of year$487 $319 $260 
v3.25.4
Derivative Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Location And Fair Values Of Derivative Financial Instruments In Our Condensed Consolidated Statements Of Financial Position
The following table provides information on the location and fair values of derivative financial instruments included in our consolidated statements of financial position as of December 31:
(in millions) 20252024
Designation of DerivativesLocation on Statement of
Financial Position		AssetsLiabilitiesAssetsLiabilities
Foreign exchange forward and option contracts – Designated as cash flow hedging instruments
Other current assets$1 $— $1 $— 
Accrued expenses and other current liabilities
— 63 — 22 
Other noncurrent liabilities— 22 — 13 
Total1 85 1 35 
Foreign exchange forward contracts - Not designated as hedging instruments
Other current assets
2 — 1 — 
Accrued expenses and other current liabilities
— 1 — 2 
Total2 1 1 2 
Total$3 $86 $2 $37 
Notional Value Of Outstanding Cash Flow Hedge Contracts By Year Of Maturity And Net Unrealized (Loss) Gain Included In Accumulated Other Comprehensive Income (Loss)
The notional value of the outstanding contracts by year of maturity was as follows as of December 31:
(in millions)20252024
2025
$— $2,010 
2026
2,290 920 
2027
1,020 — 
Total notional value of contracts outstanding
$3,310 $2,930 
Additional Information Related To Outstanding Contracts Not Designated As Hedging Instruments
Additional information related to the outstanding foreign exchange forward contracts not designated as hedging instruments was as follows as of December 31:
(in millions)20252024
NotionalFair ValueNotionalFair Value
Contracts outstanding$748 $1 $489 $(1)
The following table provides information on the location and amounts of realized and unrealized pre-tax gains and losses on the other derivative financial instruments for the year ended December 31:
(in millions)
Location of Net Gains
on Derivative Instruments
Amount of Net Gains
on Derivative Instruments
  20252024
Foreign exchange forward contracts - Not designated as hedging instruments
Foreign currency exchange gains, net
$3 $10 
v3.25.4
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Financial Assets And (Liabilities) Measured At Fair Value On A Recurring Basis
The following table summarizes the financial assets and (liabilities) measured at fair value on a recurring basis as of December 31, 2025:
(in millions)Level 1Level 2Level 3Total
Cash equivalents:
Money market funds$24 $— $— $24 
Time deposits— 183 — 183 
Short-term investments:
Time deposits— 1 — 1 
Equity investment security12 — — 12 
Other current assets:
Foreign exchange forward contracts— 3 — 3 
Accrued expenses and other current liabilities:
Foreign exchange forward contracts— (64)— (64)
Other noncurrent liabilities:
Foreign exchange forward contracts— (22)— (22)

The following table summarizes the financial assets and (liabilities) measured at fair value on a recurring basis as of December 31, 2024:

(in millions)Level 1Level 2Level 3Total
Cash equivalents:
Money market funds$40 $— $— $40 
Time deposits— 991 — 991 
Short-term investments:
Time deposits— 1 — 1 
Equity investment security11 — — 11 
Other current assets:
Foreign exchange forward contracts
— 2 — 2 
Accrued expenses and other current liabilities:
Foreign exchange forward contracts— (24)— (24)
Other noncurrent liabilities:
Foreign exchange forward contracts— (13)— (13)
v3.25.4
Accumulated Other Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Changes in "Accumulated other comprehensive income (loss)" by component were as follows for the year ended December 31, 2025:
2025
(in millions)Before Tax
Amount		Tax
Effect 		Net of Tax
Amount
Foreign currency translation adjustments:
Beginning balance$(261)$7 $(254)
Change in foreign currency translation adjustments
272 (6)266 
Ending balance$11 $1 $12 
Unrealized (losses) on cash flow hedges:
Beginning balance$(34)$9 $(25)
Unrealized (losses) arising during the period
(85)21 (64)
Reclassifications of net losses to:
Cost of revenues
32 (8)24 
SG&A expenses3 (1)2 
Net change
(50)12 (38)
Ending balance$(84)$21 $(63)
Changes in net defined benefit obligations:
Beginning balance$(20)$3 $(17)
Prior service costs1 and gains and losses, net of amortization
(129)37 (92)
Ending balance$(149)$40 $(109)
Accumulated other comprehensive income (loss):
Beginning balance$(315)$19 $(296)
Other comprehensive income (loss)93 43 136 
Ending balance$(222)$62 $(160)
(1)See Note 15.
Changes in "Accumulated other comprehensive income (loss)" by component were as follows for the years ended December 31, 2024 and 2023:
20242023
(in millions)Before Tax
Amount		Tax
Effect		Net of Tax
Amount		Before Tax
Amount		Tax
Effect		Net of Tax
Amount
Foreign currency translation adjustments:
Beginning balance$(109)$5 $(104)$(256)$8 $(248)
Change in foreign currency translation adjustments
(152)2 (150)147 (3)144 
Ending balance$(261)$7 $(254)$(109)$5 $(104)
Unrealized gains (losses) on cash flow hedges:
Beginning balance$13 $(3)$10 $(68)$17 $(51)
Unrealized (losses) gains arising during the period
(35)9 (26)55 (14)41 
Reclassifications of net (gains) losses to:
Cost of revenues
(11)3 (8)23 (5)18 
SG&A expenses(1)— (1)3 (1)2 
Net change
(47)12 (35)81 (20)61 
Ending balance$(34)$9 $(25)$13 $(3)$10 
Losses on defined benefit plans:
Beginning balance$— $— $— $— $— $— 
Losses on defined benefit plans
(20)3 (17)— — — 
Ending balance$(20)$3 $(17)$— $— $— 
Accumulated other comprehensive income (loss):
Beginning balance$(96)$2 $(94)$(324)$25 $(299)
Other comprehensive income (loss)
(219)17 (202)228 (23)205 
Ending balance$(315)$19 $(296)$(96)$2 $(94)
v3.25.4
Stock-Based Compensation Plans (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule Of Allocation Of Total Stock-Based Compensation Expense
The allocation of total stock-based compensation expense between cost of revenues, selling, general and administrative expenses and restructuring charges as well as the related income tax benefit were as follows for the three years ended December 31:
(in millions)202520242023
Cost of revenues$26 $26 $30 
SG&A expenses155 150 153 
Restructuring charges
— (1)(7)
Total stock-based compensation expense$181 $175 $176 
Income tax benefit$37 $38 $34 
Summary Of The Activity For Restricted Stock Units A summary of the activity for RSUs granted under our stock-based compensation plans as of December 31, 2025 and changes during the year then ended is presented below:
Number of
Units
(in millions)		Weighted Average
Grant Date
Fair Value
(in dollars)
Unvested at January 1, 2025
2.8 $73.47 
Granted2.4 81.98 
Vested(2.1)74.93 
Forfeited(0.4)78.48 
Unvested at December 31, 2025
2.7 $79.08 
Summary Of The Activity For Performance Stock Units The presentation reflects the number of PSUs at the maximum performance milestones.
Number of
Units
(in millions)		Weighted Average
Grant Date
Fair Value
(in dollars)
Unvested at January 1, 2025
1.5 $76.76 
Granted0.8 90.15 
Vested(0.1)92.06 
Forfeited(0.2)81.01 
Adjustment at the conclusion of the performance measurement period
(0.4)65.57 
Unvested at December 31, 2025
1.6 $84.71 
v3.25.4
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2025
Segment Reporting Information, Revenue for Reportable Segment [Abstract]  
Segment Operating Profit
Information by reportable segment were as follows:
Year Ended December 31, 2025
(in millions)HSFSP&RCMTTotal
Revenues
$6,347 $6,173 $5,285 $3,303 $21,108 
Less: other segment items
5,114 5,144 4,498 2,867 17,623 
Segment operating profit1,233 1,029 787 436 3,485 
Less: unallocated costs96 
Income from operations$3,389 
Year Ended December 31, 2024
(in millions)
HS
FS
P&R
CMT
Total
Revenues
$5,932 $5,753 $4,782 $3,269 $19,736 
Less: other segment items
4,859 4,838 4,011 2,876 16,584 
Segment operating profit1,073 915 771 393 3,152 
Less: unallocated costs260 
Income from operations$2,892 
As described above, in the first quarter of 2025 we made changes to the internal measurement of segment operating profits. While we have recast the 2024 results to conform to the new methodology, it is impracticable for us to recast our 2023 segment operating results as the detailed information required for the allocation of such costs to the segments is not reasonably available.
Year Ended December 31, 2023
(in millions)
HS
FS
P&R
CMT
Total
Revenues
$5,674 $5,809 $4,628 $3,242 $19,353 
Less: other segment items
4,322 4,653 3,644 2,617 15,236 
Segment operating profit1,352 1,156 984 625 4,117 
Less: unallocated costs1,428 
Income from operations$2,689 

Other segment items for each reportable segment primarily include employee compensation and benefits, subcontractor costs, costs of third-party products and services related to revenue and project-related travel.
Long-Lived Assets By Geographic Area
Long-lived assets by geographic area are as follows:
(in millions)20252024
Long-lived Assets:(1)
North America(2)
$300 $338 
Europe67 72 
Rest of World(3)
566 584 
Total$933 $994 
(1)    Long-lived assets include property and equipment, net of accumulated depreciation and amortization.
(2)    Substantially all relates to the United States.
(3)    Substantially all relates to India.
v3.25.4
Business Description and Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)
shares in Thousands, $ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Equity method investments $ 104 $ 84  
Share-based Payment Arrangement | Maximum      
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Antidilutive securities excluded from computation of earnings per share - less than 1,000 1,000 1,000
v3.25.4
Revenues Disaggregation of Revenue (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disaggregation of Revenue [Line Items]      
Revenues $ 21,108 $ 19,736 $ 19,353
Time-and-materials Contract [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 9,149 8,926 8,888
Fixed-price Contract [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 10,010 9,028 8,664
Transaction Or Volume-Based [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,949 1,782 1,801
North America [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 15,780 14,698 14,263
United Kingdom [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,922 1,827 1,885
Europe, excluding United Kingdom [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 2,090 1,932 1,909
Europe [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 4,012 3,759 3,794
Rest of World [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,316 1,279 1,296
Consulting And Technology Services [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 13,533 12,492 11,964
Outsourcing Services [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 7,575 7,244 7,389
Financial Services      
Disaggregation of Revenue [Line Items]      
Revenues 6,173 5,753 5,809
Financial Services | Time-and-materials Contract [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 3,161 3,188 3,215
Financial Services | Fixed-price Contract [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 2,811 2,384 2,369
Financial Services | Transaction Or Volume-Based [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 201 181 225
Financial Services | North America [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 4,380 4,075 4,091
Financial Services | United Kingdom [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 643 572 613
Financial Services | Europe, excluding United Kingdom [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 640 613 605
Financial Services | Europe [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,283 1,185 1,218
Financial Services | Rest of World [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 510 493 500
Financial Services | Consulting And Technology Services [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 4,365 4,022 3,965
Financial Services | Outsourcing Services [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,808 1,731 1,844
Health Sciences      
Disaggregation of Revenue [Line Items]      
Revenues 6,347 5,932 5,674
Health Sciences | Time-and-materials Contract [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,978 1,968 2,004
Health Sciences | Fixed-price Contract [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 3,149 2,878 2,600
Health Sciences | Transaction Or Volume-Based [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,220 1,086 1,070
Health Sciences | North America [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 5,311 5,072 4,865
Health Sciences | United Kingdom [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 214 186 167
Health Sciences | Europe, excluding United Kingdom [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 667 559 533
Health Sciences | Europe [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 881 745 700
Health Sciences | Rest of World [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 155 115 109
Health Sciences | Consulting And Technology Services [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 3,651 3,456 3,238
Health Sciences | Outsourcing Services [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 2,696 2,476 2,436
Products and Resources      
Disaggregation of Revenue [Line Items]      
Revenues 5,285 4,782 4,628
Products and Resources | Time-and-materials Contract [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 2,239 1,995 1,837
Products and Resources | Fixed-price Contract [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 2,685 2,442 2,435
Products and Resources | Transaction Or Volume-Based [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 361 345 356
Products and Resources | North America [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 3,728 3,272 3,102
Products and Resources | United Kingdom [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 584 558 534
Products and Resources | Europe, excluding United Kingdom [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 650 605 612
Products and Resources | Europe [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,234 1,163 1,146
Products and Resources | Rest of World [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 323 347 380
Products and Resources | Consulting And Technology Services [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 3,697 3,193 3,010
Products and Resources | Outsourcing Services [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,588 1,589 1,618
Communications, Media and Technology      
Disaggregation of Revenue [Line Items]      
Revenues 3,303 3,269 3,242
Communications, Media and Technology | Time-and-materials Contract [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,771 1,775 1,832
Communications, Media and Technology | Fixed-price Contract [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,365 1,324 1,260
Communications, Media and Technology | Transaction Or Volume-Based [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 167 170 150
Communications, Media and Technology | North America [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 2,361 2,279 2,205
Communications, Media and Technology | United Kingdom [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 481 511 571
Communications, Media and Technology | Europe, excluding United Kingdom [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 133 155 159
Communications, Media and Technology | Europe [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 614 666 730
Communications, Media and Technology | Rest of World [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 328 324 307
Communications, Media and Technology | Consulting And Technology Services [Member]      
Disaggregation of Revenue [Line Items]      
Revenues 1,820 1,821 1,751
Communications, Media and Technology | Outsourcing Services [Member]      
Disaggregation of Revenue [Line Items]      
Revenues $ 1,483 $ 1,448 $ 1,491
v3.25.4
Revenues Capitalized Costs to Fulfill Contract with Customer (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenues [Abstract]    
Beginning Balance $ 209 $ 245
Costs Capitalized 42 55
Amortization expense 78 89
Capitalized Contract Cost, Impairment Loss (12) (2)
Ending Balance $ 161 $ 209
v3.25.4
Revenues Significant Movements in Contract Assets (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenues [Abstract]    
Beginning Balance $ 386 $ 316
Revenues recognized during the period but not billed 451 358
Amounts reclassified to accounts receivable 371 288
Ending Balance $ 466 $ 386
v3.25.4
Revenues Significant Movements in Deferred Revenue Balances (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenues [Abstract]    
Beginning Balane $ 480 $ 427
Amounts billed but not recognized as revenues 474 421
Revenues recognized related to the beginning balance of deferred revenue 416 380
Ending Balance 538 480
Contract with Customer, Asset, Increase (Decrease) for Contract Acquired in Business Combination $ 0 $ 12
v3.25.4
Revenues Remaining Performance Obligations Narrative (Details)
$ in Millions
Dec. 31, 2025
USD ($)
Revenues [Abstract]  
Revenue, Remaining Performance Obligation $ 6,279
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 | Period One  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue, Remaining Performance Obligation, Percentage 35.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 | Period Two  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue, Remaining Performance Obligation, Percentage 55.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period 2 years
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 | Revenue, Remaining Performance Obligation, Period Three  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue, Remaining Performance Obligation, Percentage 95.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period 5 years
v3.25.4
Revenues Trade Accounts Receivable and Allowance for Doubtful Accounts (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Accounts Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning Balance $ 26 $ 32 $ 43
Provision for expected credit losses 11 12 12
Write-offs charged against the allowance (14) (18) (23)
Ending Balance $ 23 $ 26 $ 32
v3.25.4
Business Combinations (Narrative) (Details) - USD ($)
$ in Millions
 12 Months Ended
Aug. 26, 2024
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Jan. 22, 2024
Business Combination [Abstract]          
Revenue from acquisitions     $ 384 $ 130  
Business Combination [Line Items]          
Payments to Acquire Businesses, Net of Cash Acquired   $ 0 1,615 409  
Revenue from acquisitions     $ 384 $ 130  
Restricted Cash   $ 733      
Thirdera          
Business Combination [Abstract]          
Percentage of voting interests acquired         100.00%
Business Combination [Line Items]          
Percentage of voting interests acquired         100.00%
Belcan          
Business Combination [Abstract]          
Percentage of voting interests acquired 100.00%        
Business Combination [Line Items]          
Percentage of voting interests acquired 100.00%        
Payments to Acquire Businesses, Net of Cash Acquired $ 1,195        
Business Combination, Consideration Transferred, Equity Interest, Share Issued, Number of Shares 1,470,589        
Business Combination, Consideration Transferred, Equity Interest, Share Issued, Value $ 113        
v3.25.4
Business Combinations Allocation of Purchase Price (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Jan. 01, 2026
Aug. 26, 2024
Jan. 22, 2024
Mar. 10, 2023
Jan. 01, 2023
Business Combination [Line Items]              
Cash $ 63 $ 20          
Business Combination, Recognized Asset Acquired, Receivable, Current 194 10          
Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed. Operating Lease Right Of Use Asset 55            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Non-Deductible Goodwill 794 220          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Tax-Deductible Goodwill 164 88          
Business Combination, Recognized Asset Acquired, Identifiable Intangible Asset, Indefinite-Lived 45            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Operating Lease Liabilities (8)            
Current liabilities (101) (27)          
Noncurrent liabilities   (33)          
Business Combination, Recognized Liability Assumed, Deferred Tax Liability (37)            
Noncurrent liabilities (48)            
Purchase price 1,791 428          
Business Combination, Recognized Asset Acquired, Other Asset, Current 33 12          
Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment And Other Noncurrent Assets 24 7          
Revenue from acquisitions 384 130          
Customer relationships              
Business Combination [Line Items]              
Intangible assets acquired $ 612 $ 131          
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 11 years 10 years 10 months 24 days          
Other Intangible Assets [Member]              
Business Combination [Line Items]              
Intangible assets acquired $ 1            
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 1 year            
OneSource Virtual              
Business Combination [Line Items]              
Cash             $ 0
Business Combination, Recognized Asset Acquired, Receivable, Current             0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Non-Deductible Goodwill             18
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Tax-Deductible Goodwill             88
Current liabilities             (18)
Noncurrent liabilities             (1)
Purchase price             103
Business Combination, Recognized Asset Acquired, Other Asset, Current             4
Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment And Other Noncurrent Assets             1
OneSource Virtual | Customer relationships              
Business Combination [Line Items]              
Intangible assets acquired             $ 11
Mobica              
Business Combination [Line Items]              
Cash           $ 20  
Business Combination, Recognized Asset Acquired, Receivable, Current           10  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Non-Deductible Goodwill           202  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Tax-Deductible Goodwill           0  
Current liabilities           (9)  
Noncurrent liabilities           (32)  
Purchase price           325  
Business Combination, Recognized Asset Acquired, Other Asset, Current           8  
Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment And Other Noncurrent Assets           6  
Mobica | Customer relationships              
Business Combination [Line Items]              
Intangible assets acquired           $ 120  
Thirdera              
Business Combination [Line Items]              
Cash         $ 8    
Business Combination, Recognized Asset Acquired, Receivable, Current         21    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Non-Deductible Goodwill         180    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Tax-Deductible Goodwill         164    
Current liabilities         (29)    
Business Combination, Recognized Liability Assumed, Deferred Tax Liability         (3)    
Purchase price         428    
Business Combination, Recognized Asset Acquired, Other Asset, Current         11    
Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment And Other Noncurrent Assets         $ 2    
Percentage of voting interests acquired         100.00%    
Thirdera | Customer relationships              
Business Combination [Line Items]              
Intangible assets acquired         $ 73    
Thirdera | Other Intangible Assets [Member]              
Business Combination [Line Items]              
Intangible assets acquired         $ 1    
Belcan              
Business Combination [Line Items]              
Cash       $ 55      
Business Combination, Recognized Asset Acquired, Receivable, Current       173      
Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed. Operating Lease Right Of Use Asset       55      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Non-Deductible Goodwill       614      
Business Combination, Recognized Asset Acquired, Identifiable Intangible Asset, Indefinite-Lived       45      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Operating Lease Liabilities       (8)      
Current liabilities       (72)      
Business Combination, Recognized Liability Assumed, Deferred Tax Liability       (34)      
Noncurrent liabilities       (48)      
Purchase price       1,363      
Business Combination, Recognized Asset Acquired, Other Asset, Current       22      
Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment And Other Noncurrent Assets       $ 22      
Percentage of voting interests acquired       100.00%      
Belcan | Customer relationships              
Business Combination [Line Items]              
Intangible assets acquired       $ 539      
3Cloud | Subsequent Event              
Business Combination [Line Items]              
Percentage of voting interests acquired     100.00%        
v3.25.4
Restructuring Charges - Summary of Restructuring Charges (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]      
Restructuring charges $ 0 $ 134 $ 229
NextGen Program      
Restructuring Cost and Reserve [Line Items]      
Restructuring charges   134 229
Employee separation costs      
Restructuring Cost and Reserve [Line Items]      
Restructuring charges $ 0 85  
Employee separation costs | NextGen Program      
Restructuring Cost and Reserve [Line Items]      
Restructuring charges   85 115
Facility exit costs | NextGen Program      
Restructuring Cost and Reserve [Line Items]      
Restructuring charges   36 108
Lease restructuring   23 71
Accelerated depreciation   13 36
Impairment of long-lived     1
Third party and other costs | NextGen Program      
Restructuring Cost and Reserve [Line Items]      
Restructuring charges   $ 13 $ 6
v3.25.4
Restructuring Charges - Narrative (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]      
Restructuring charges $ 0 $ 134 $ 229
NextGen Program      
Restructuring Cost and Reserve [Line Items]      
Restructuring charges   $ 134 $ 229
v3.25.4
Restructuring Charges - Restructuring Reserve (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Restructuring Reserve [Roll Forward]      
Employee separation costs accrued $ 0 $ 134 $ 229
Employee separation costs      
Restructuring Reserve [Roll Forward]      
Beginning balance 35 42  
Employee separation costs accrued 0 85  
Payments made (35) (92)  
Ending balance $ 0 $ 35 $ 42
v3.25.4
Property and Equipment, net (Narrative) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Finance Lease, Right-of-Use, before Accumulated Amortization $ 33 $ 30  
Finance Lease, Right-of-Use Asset, Accumulated Amortization 23 16  
Finance Lease, Right-of-Use Asset, Amortization 5 5 $ 4
Capitalized Computer Software, Accumulated Amortization 252 210  
Capitalized Computer Software, Amortization 43 36 37
Capitalized Computer Software, Gross 377 338  
Proceeds from sale of property and equipment 70 0 0
Gain (Loss) on Disposition of Property Plant Equipment 62 0 0
Facility exit costs | NextGen Program      
Accelerated depreciation   13 36
Property, Plant and Equipment [Member]      
Depreciation $ 332 $ 354 $ 390
v3.25.4
Property and Equipment, net (Schedule Of Property And Equipment, Net) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Property, Plant and Equipment [Line Items]      
Estimated Useful Lives 30 years    
Property and Equipment, gross $ 3,929 $ 3,781  
Accumulated depreciation and amortization (2,996) (2,787)  
Property and equipment, net 933 994  
Finance Lease, Right-of-Use Asset, Accumulated Amortization 23 16  
Finance Lease, Right-of-Use Asset, Amortization 5 5 $ 4
Capitalized Computer Software, Amortization 43 36 $ 37
Buildings [Member]      
Property, Plant and Equipment [Line Items]      
Property and Equipment, gross 719 736  
Computer Equipment [Member]      
Property, Plant and Equipment [Line Items]      
Property and Equipment, gross $ 865 811  
Computer Equipment [Member] | Minimum      
Property, Plant and Equipment [Line Items]      
Estimated Useful Lives 3 years    
Computer Equipment [Member] | Maximum      
Property, Plant and Equipment [Line Items]      
Estimated Useful Lives 5 years    
Computer Software [Member]      
Property, Plant and Equipment [Line Items]      
Property and Equipment, gross $ 1,123 1,024  
Computer Software [Member] | Minimum      
Property, Plant and Equipment [Line Items]      
Estimated Useful Lives 3 years    
Computer Software [Member] | Maximum      
Property, Plant and Equipment [Line Items]      
Estimated Useful Lives 8 years    
Furniture and Equipment [Member]      
Property, Plant and Equipment [Line Items]      
Property and Equipment, gross $ 745 716  
Furniture and Equipment [Member] | Minimum      
Property, Plant and Equipment [Line Items]      
Estimated Useful Lives 5 years    
Furniture and Equipment [Member] | Maximum      
Property, Plant and Equipment [Line Items]      
Estimated Useful Lives 9 years    
Land [Member]      
Property, Plant and Equipment [Line Items]      
Property and Equipment, gross $ 6 6  
Capital Work-in-Progress [Member]      
Property, Plant and Equipment [Line Items]      
Property and Equipment, gross 98 115  
Leasehold Improvements [Member]      
Property, Plant and Equipment [Line Items]      
Property and Equipment, gross $ 373 $ 373  
v3.25.4
Leases Schedule of Leases Statement of Financial Position (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets    
Operating lease assets, net $ 573 $ 552
Property and equipment, net Property and equipment, net Property and equipment, net
ROU finance lease assets $ 10 $ 14
Total leased assets 583 566
Current    
Operating lease liabilities $ 153 $ 152
Accrued expenses and other current liabilities Accrued expenses and other current liabilities Accrued expenses and other current liabilities
Finance lease $ 10 $ 8
Noncurrent    
Operating lease liabilities, noncurrent $ 423 $ 420
Other noncurrent liabilities Other Liabilities, Noncurrent Other Liabilities, Noncurrent
Finance lease $ 12 $ 15
Total leased liabilities $ 598 $ 595
v3.25.4
Leases (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Lessee, Lease, Description [Line Items]      
Operating lease cost $ 197 $ 216 $ 304
Variable lease cost 19 23 21
Short term lease rental expense $ 16 $ 11 $ 15
v3.25.4
Leases Schedule of Operating Lease Term and Discount Rate (Details)
Dec. 31, 2025
Dec. 31, 2024
Leases [Abstract]    
Weighted average remaining lease term 4 years 10 months 24 days 5 years 3 months 18 days
Weighted average discount rate 5.70% 5.50%
v3.25.4
Leases Schedule of Cash Flow and Other Information (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Leases [Abstract]      
Cash paid for amounts included in the measurement of operating lease liabilities $ 192 $ 251 $ 240
ROU assets obtained in exchange for operating lease liabilities 160 123 86
Reduction of ROU assets and lease liabilities as a result of our NextGen program $ 0 $ (62) $ (110)
v3.25.4
Leases Schedule of Future minimum Payments on Operating Leases (Details)
$ in Millions
Dec. 31, 2025
USD ($)
Leases [Abstract]  
2026 $ 182
2027 150
2028 120
2029 83
2030 54
Thereafter 84
Total operating lease payments 673
Interest (97)
Total operating lease liabilities $ 576
v3.25.4
Goodwill and Intangible Assets, net (Schedule Of Goodwill Allocation By Reportable Segments) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Goodwill [Roll Forward]    
Goodwill, Beginning Balance $ 6,953 $ 6,085
Additions and adjustments 0 958
Foreign currency translation adjustments 153 (90)
Goodwill, Ending Balance 7,106 6,953
Financial Services    
Goodwill [Roll Forward]    
Goodwill, Beginning Balance 1,129 1,109
Additions and adjustments 0 48
Foreign currency translation adjustments 48 (28)
Goodwill, Ending Balance 1,177 1,129
Health Sciences    
Goodwill [Roll Forward]    
Goodwill, Beginning Balance 2,895 2,840
Additions and adjustments 0 68
Foreign currency translation adjustments 20 (13)
Goodwill, Ending Balance 2,915 2,895
Products and Resources    
Goodwill [Roll Forward]    
Goodwill, Beginning Balance 1,884 1,217
Additions and adjustments 0 698
Foreign currency translation adjustments 50 (31)
Goodwill, Ending Balance 1,934 1,884
Communications, Media and Technology    
Goodwill [Roll Forward]    
Goodwill, Beginning Balance 1,045 919
Additions and adjustments 0 144
Foreign currency translation adjustments 35 (18)
Goodwill, Ending Balance $ 1,080 $ 1,045
v3.25.4
Goodwill and Intangible Assets, net (Schedule Of Components For Intangible Assets) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]      
Accumulated amortization $ (1,770) $ (1,516)  
Indefinite lived trademarks 116 116  
Intangible Assets, Gross (Excluding Goodwill) 3,187 3,115  
Intangible assets, net 1,417 1,599  
Amortization of intangibles (218) (188) $ (165)
Customer relationships      
Finite-Lived Intangible Assets [Line Items]      
Gross carrying amount 2,593 2,534  
Accumulated amortization (1,310) (1,068)  
Net carrying amount 1,283 1,466  
Developed technology      
Finite-Lived Intangible Assets [Line Items]      
Gross carrying amount 394 384  
Accumulated amortization (386) (379)  
Net carrying amount 8 5  
Finite lived trademarks and other      
Finite-Lived Intangible Assets [Line Items]      
Gross carrying amount 84 81  
Accumulated amortization (74) (69)  
Net carrying amount $ 10 $ 12  
v3.25.4
Goodwill and Intangible Assets, net (Schedule Of Estimated Amortization Expense) (Details)
$ in Millions
Dec. 31, 2025
USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]  
2026 $ 217
2027 209
2028 187
2029 169
2030 $ 144
v3.25.4
Accrued Expenses and Other Current Liabilities (Accrued Expenses And Other Current Liabilities) (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Accrued Expenses And Other Current Liabilities [Abstract]    
Compensation and benefits $ 1,490 $ 1,499
Customer volume and other incentives 317 247
Liabilities related to the resale of third-party products 242 154
Professional fees 193 171
Income taxes 18 100
Other 404 439
Accrued expenses and other current liabilities $ 2,664 $ 2,610
v3.25.4
Debt - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2024
Sep. 30, 2024
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Mar. 31, 2025
Apr. 30, 2024
Debt Instrument [Line Items]              
Proceeds from borrowings under the revolving credit facility     $ 0 $ 600 $ 0    
Maximum              
Debt Instrument [Line Items]              
Debt instrument, covenant compliance, leverage ratio     3.50        
Debt Instrument, Covenant Compliance, Leverage Ratio Following Material Acquisition(s)     3.75        
Credit Agreement [Member] | Term Benchmark              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     0.875%        
Credit Agreement [Member] | Term Benchmark | Minimum              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     0.75%        
Credit Agreement [Member] | Term Benchmark | Maximum              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     1.125%        
Credit Agreement [Member] | Base Rate [Member]              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     0.00%        
Credit Agreement [Member] | Term Benchmark Without Debt Ratings | Minimum              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     0.875%        
Credit Agreement [Member] | Term Benchmark Without Debt Ratings | Maximum              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     1.125%        
Credit Agreement [Member] | Term Loan [Member]              
Debt Instrument [Line Items]              
Principal amount of debt             $ 650
Long-term Debt, Current Maturities $ 33   $ 33 $ 33      
Weighted average interest rate 5.30%   4.70% 5.30%      
Credit Agreement [Member] | Unsecured Debt [Member] | Revolving Credit Facility [Member]              
Debt Instrument [Line Items]              
Principal amount of debt             $ 1,850
Proceeds from borrowings under the revolving credit facility   $ 600          
Repayments of Lines of Credit $ 300            
Long-Term Line of Credit           $ 300  
v3.25.4
Debt (Long-Term Debt) (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Debt Instrument [Line Items]    
Long-term debt, net of current maturities $ 543 $ 875
Credit Agreement [Member]    
Debt Instrument [Line Items]    
Debt Issuance Costs, Net (1) (2)
Term Loan [Member] | Credit Agreement [Member]    
Debt Instrument [Line Items]    
Long-term debt 577 610
Less: Current portion (33) (33)
Unsecured Debt [Member] | Credit Agreement [Member] | Revolving Credit Facility [Member]    
Debt Instrument [Line Items]    
Long-term debt $ 0 $ 300
v3.25.4
Debt (Debt Maturities) (Details) - Credit Agreement [Member] - Term Loan [Member] - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Debt Instrument [Line Items]    
2025 $ 33  
2026 544  
Long-term debt $ 577 $ 610
v3.25.4
Income Taxes (Schedule Of Income Before Provision For Income Tax) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]      
United States $ 1,189 $ 906 $ 813
Foreign 2,290 2,032 1,974
Income before provision for income taxes $ 3,479 $ 2,938 $ 2,787
v3.25.4
Income Taxes (Schedule Of Components Of Provision For Income Taxes) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Current:      
Federal and state   $ 426 $ 522
Foreign $ 576 642 485
Total current provision 931 1,068 1,007
Deferred Federal Income Tax Expense (Benefit) 302    
Deferred State and Local Income Tax Expense (Benefit) 4    
Deferred:      
Federal and state   (229) (354)
Foreign 21 (126) 15
Total deferred income tax (benefit) 327 (355) (339)
Total provision for income taxes 1,258 $ 713 $ 668
Current Federal Tax Expense (Benefit) 216    
Current State and Local Tax Expense (Benefit) $ 139    
v3.25.4
Income Taxes (Narrative) (Details)
$ in Millions, ₨ in Billions
 12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2013
USD ($)
Dec. 31, 2023
INR (₨)
Apr. 30, 2018
INR (₨)
Mar. 31, 2018
INR (₨)
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]                
Income Tax Expense (Benefit) $ 1,258 $ 713 $ 668          
Deposits Assets 384 403 60          
Additions for tax positions of prior years 147 65 22          
Recognition of previously unrecognized income tax benefits related to uncertain tax positions   (15) (33)          
Accrued interest and penalties 51 35            
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations (5) $ (15) (15)          
Foreign Tax Jurisdiction                
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]                
Net operating loss carryforward 119              
Domestic Tax Jurisdiction                
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]                
Net operating loss carryforward 75              
2013 India Share Repurchase [Member] | Ministry of Finance, India [Member] | Foreign Tax Jurisdiction                
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]                
Foreign Earnings Repatriated         $ 523      
2016 India Cash Remittance [Member] | Ministry of Finance, India [Member] | Foreign Tax Jurisdiction                
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]                
Income Tax Expense (Benefit)       $ 135        
Foreign Earnings Repatriated       $ 2,800        
Income Tax, Disputed Amount $ 367             ₨ 33
Deposits Assets | ₨             ₨ 5  
Deposits Assets, Percent Disputed Tax Amount             15.00%  
2016 India Cash Remittance [Member] | Ministry of Finance, India [Member] | Foreign Tax Jurisdiction | Long-term investments [Member]                
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]                
Restricted Investments     $ 355     ₨ 30    
v3.25.4
Income Taxes (Reconciliation Between Effective Income Tax Rate And U.S. Federal Statutory Rate) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Investments, Owned, Federal Income Tax Note [Line Items]      
Tax expense, at U.S. federal statutory rate, amount $ 731 $ 617 $ 585
State and local income taxes, net of federal benefit, amount 113 74 55
Rate differential on foreign earnings, amount   104 95
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount 336    
Effective Income Tax Rate Reconciliation, FDII, Amount (55)    
Recognition of previously unrecognized income tax benefits related to uncertain tax positions   (15) (33)
Credits and other incentives, amount (8) (57) (37)
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount (2)    
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amount (3)    
Effective Income Tax Rate Reconciliation, Tax Contingency, Amount (6)    
Other adjustments, amount   (10) 3
Total provision for income taxes $ 1,258 $ 713 $ 668
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Tax expense, at U.S. federal statutory rate, percentage 21.00% 21.00% 21.00%
State and local income taxes, net of federal benefit, percentage 3.20% 2.50% 2.00%
Rate differential on foreign earnings, percentage   3.50% 3.40%
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent 9.70%    
Effective Income Tax Rate Reconciliation, FDII, Percent (1.60%)    
Credits and other incentives, percent (0.20%) (1.90%) (1.30%)
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent 0.00%    
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Percent (0.10%)    
Effective Income Tax Rate Reconciliation, Tax Contingency, Percent (0.20%)    
Recognition of previously unrecognized income tax benefits related to uncertain tax positions, percentage   (0.50%) (1.20%)
Other adjustments, percent   (0.30%) 0.10%
Total provision for income taxes, percentage 36.20% 24.30% 24.00%
Deferred Tax Asset Research And Experimental Costs Capitalized Outside The United States $ 390    
One Big Beautiful Bill Act One Time Non Cash Income Tax Expense 390    
United Kingdom [Member]      
Investments, Owned, Federal Income Tax Note [Line Items]      
Rate differential on foreign earnings, amount $ 49    
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Rate differential on foreign earnings, percentage 1.40%    
India      
Investments, Owned, Federal Income Tax Note [Line Items]      
Rate differential on foreign earnings, amount $ 86    
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Rate differential on foreign earnings, percentage 2.50%    
Foreign Tax Jurisdiction, Other      
Investments, Owned, Federal Income Tax Note [Line Items]      
Rate differential on foreign earnings, amount $ 17    
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Rate differential on foreign earnings, percentage 0.50%    
Domestic Tax Jurisdiction      
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Deferred Tax Asset Research And Experimental Costs Capitalized Outside The United States $ 336    
State and Local Jurisdiction      
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Deferred Tax Asset Research And Experimental Costs Capitalized Outside The United States $ 54    
v3.25.4
Income Taxes (Schedule Of Deferred Tax Assets And Liabilities) (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Deferred income tax assets:    
Net operating losses $ 45 $ 50
Revenue recognition 422 51
Compensation and benefits 204 164
Minimum alternative tax (MAT) and other credits 18 11
Expenses not currently deductible 848 1,189
Deferred income tax assets, gross 1,537 1,465
Less valuation allowance (427) (48)
Deferred income tax assets, net 1,110 1,417
Deferred income tax liabilities:    
Depreciation and amortization 295 298
Deferred Tax Liabilities, Deferred Expense 16 25
Deferred income tax liabilities 311 323
Net deferred income tax assets $ 799 $ 1,094
v3.25.4
Income Taxes ITD Dispute (Details)
$ in Millions, ₨ in Billions
 12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2013
USD ($)
Dec. 31, 2023
INR (₨)
Apr. 30, 2018
INR (₨)
Mar. 31, 2018
INR (₨)
One-time Transaction [Table] [Line Items]                
Income Tax Expense (Benefit) $ 1,258 $ 713 $ 668          
Deposits Assets 384 $ 403 60          
Foreign Tax Jurisdiction | Ministry of Finance, India [Member] | 2016 India Cash Remittance [Member]                
One-time Transaction [Table] [Line Items]                
Foreign Earnings Repatriated       $ 2,800        
Income Tax Expense (Benefit)       $ 135        
Income Tax, Disputed Amount $ 367             ₨ 33
Deposits Assets | ₨             ₨ 5  
Deposits Assets, Percent Disputed Tax Amount             15.00%  
Restricted Cash Equivalent     96          
Foreign Tax Jurisdiction | Ministry of Finance, India [Member] | 2016 India Cash Remittance [Member] | Long-term investments [Member]                
One-time Transaction [Table] [Line Items]                
Restricted Investments     $ 355     ₨ 30    
Foreign Tax Jurisdiction | Ministry of Finance, India [Member] | 2013 India Share Repurchase [Member]                
One-time Transaction [Table] [Line Items]                
Foreign Earnings Repatriated         $ 523      
v3.25.4
Income Taxes (Summary Of Changes In Unrecognized Tax Benefits) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Changes in unrecognized income tax benefits      
Balance, beginning of year $ 319 $ 260 $ 269
Additions based on tax positions related to the current year 37 15 31
Additions for tax positions of prior years 147 65 22
Reductions for tax positions due to lapse of statutes of limitations (5) (15) (15)
Reductions for tax positions of prior years (3) (6) (33)
Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities (8) 0 (14)
Balance, end of year $ 487 $ 319 $ 260
v3.25.4
Income Taxes - Income Taxes Paid (Details)
 12 Months Ended
Dec. 31, 2025
USD ($)
Investments, Owned, Federal Income Tax Note [Line Items]  
Income Tax Paid, Federal, after Refund Received $ 272
Income Tax Paid, State and Local, after Refund Received 140
Income Taxes Paid, Net 985
United Kingdom [Member]  
Investments, Owned, Federal Income Tax Note [Line Items]  
Income Tax Paid, Foreign, after Refund Received 246
India  
Investments, Owned, Federal Income Tax Note [Line Items]  
Income Tax Paid, Foreign, after Refund Received 226
Foreign Tax Jurisdiction, Other  
Investments, Owned, Federal Income Tax Note [Line Items]  
Income Tax Paid, Foreign, after Refund Received $ 101
v3.25.4
Derivative Financial Instruments (Narrative) (Details)
$ in Millions
 12 Months Ended
Dec. 31, 2025
USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Cash flow hedge losses expected to be reclassified to earnings within the next 12 months $ (47)
v3.25.4
Derivative Financial Instruments (Location And Fair Values Of Derivative Financial Instruments In Our Consolidated Statement Of Financial Position) (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Derivatives, Fair Value [Line Items]    
Derivative assets fair value $ 3 $ 2
Derivative liabilities fair value 86 37
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward Contracts [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets fair value 2 1
Derivative liabilities fair value 1 2
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward Contracts [Member] | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative assets fair value 2 1
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward Contracts [Member] | Accrued Expenses And Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative liabilities fair value 1 2
Cash Flow Hedges [Member] | Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member]    
Derivatives, Fair Value [Line Items]    
Derivative assets fair value 1 1
Derivative liabilities fair value 85 35
Cash Flow Hedges [Member] | Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member] | Other Current Assets    
Derivatives, Fair Value [Line Items]    
Derivative assets fair value 1 1
Cash Flow Hedges [Member] | Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member] | Accrued Expenses And Other Current Liabilities    
Derivatives, Fair Value [Line Items]    
Derivative liabilities fair value 63 22
Cash Flow Hedges [Member] | Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member] | Other Noncurrent Liabilities [Member]    
Derivatives, Fair Value [Line Items]    
Derivative liabilities fair value $ 22 $ 13
v3.25.4
Derivative Financial Instruments (Notional Value Of Outstanding Cash Flow Hedge Contracts By Year Of Maturity And Net Unrealized (Loss) Gain Included In Accumulated Other Comprehensive Income) (Details) - Designated as Hedging Instrument [Member] - Cash Flow Hedges [Member] - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Foreign Exchange Contract [Member]    
Derivative [Line Items]    
Derivative, notional amount $ 3,310 $ 2,930
Foreign Exchange Contract, Maturity 2025    
Derivative [Line Items]    
Derivative, notional amount   2,010
Foreign Exchange Contract, Maturity 2026    
Derivative [Line Items]    
Derivative, notional amount 2,290 920
Foreign Exchange Contract, Maturity 2027    
Derivative [Line Items]    
Derivative, notional amount $ 1,020 $ 0
v3.25.4
Derivative Financial Instruments (Additional Information Related To Outstanding Contracts Not Designated As Hedging Instruments) (Details) - Not Designated as Hedging Instrument [Member] - Foreign Exchange Forward Contracts [Member] - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Derivative [Line Items]    
Derivative, notional amount $ 748 $ 489
Market value $ 1 $ (1)
v3.25.4
Derivative Financial Instruments (Location And Amounts Of Pre-Tax Gains (Losses) On Derivative Financial Instruments Not Designated As Hedges) (Details) - Not Designated as Hedging Instrument [Member] - Foreign Exchange Forward Contracts [Member] - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Derivative Instruments, Gain (Loss) [Line Items]    
Amount of net gains (losses) on derivative instruments $ 3 $ 10
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Foreign currency exchange gains (losses), net Foreign currency exchange gains (losses), net
v3.25.4
Fair Value Measurements (Financial Assets And (Liabilities) Measured At Fair Value On A Recurring Basis) (Details) - Fair Value, Recurring [Member] - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Short-term Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity Securities, FV-NI, Current $ 12 $ 11
Other Current Assets    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contract, Asset, Fair Value Disclosure 3 2
Accrued Expenses And Other Current Liabilities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contracts, Liability, Fair Value Disclosure (64) (24)
Other Noncurrent Liabilities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contracts, Liability, Fair Value Disclosure (22) (13)
Money Market Funds [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and Cash Equivalents, Fair Value Disclosure 24 40
Bank Time Deposits [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and Cash Equivalents, Fair Value Disclosure 183 991
Fair Value, Inputs, Level 1 [Member] | Short-term Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity Securities, FV-NI, Current 12 11
Fair Value, Inputs, Level 1 [Member] | Other Current Assets    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contract, Asset, Fair Value Disclosure 0 0
Fair Value, Inputs, Level 1 [Member] | Accrued Expenses And Other Current Liabilities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contracts, Liability, Fair Value Disclosure 0 0
Fair Value, Inputs, Level 1 [Member] | Other Noncurrent Liabilities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contracts, Liability, Fair Value Disclosure 0 0
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member] | Cash Equivalents [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and Cash Equivalents, Fair Value Disclosure 24 40
Fair Value, Inputs, Level 2 [Member] | Short-term Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity Securities, FV-NI, Current 0 0
Fair Value, Inputs, Level 2 [Member] | Other Current Assets    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contract, Asset, Fair Value Disclosure 3 2
Fair Value, Inputs, Level 2 [Member] | Accrued Expenses And Other Current Liabilities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contracts, Liability, Fair Value Disclosure (64) (24)
Fair Value, Inputs, Level 2 [Member] | Other Noncurrent Liabilities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contracts, Liability, Fair Value Disclosure (22) (13)
Fair Value, Inputs, Level 2 [Member] | Money Market Funds [Member] | Cash Equivalents [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Fair Value, Inputs, Level 2 [Member] | Bank Time Deposits [Member] | Cash Equivalents [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and Cash Equivalents, Fair Value Disclosure 183 991
Fair Value, Inputs, Level 3 [Member] | Short-term Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity Securities, FV-NI, Current 0 0
Fair Value, Inputs, Level 3 [Member] | Other Current Assets    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contract, Asset, Fair Value Disclosure 0 0
Fair Value, Inputs, Level 3 [Member] | Accrued Expenses And Other Current Liabilities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contracts, Liability, Fair Value Disclosure 0 0
Fair Value, Inputs, Level 3 [Member] | Other Noncurrent Liabilities [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Foreign Currency Contracts, Liability, Fair Value Disclosure 0 0
Fair Value, Inputs, Level 3 [Member] | Money Market Funds [Member] | Cash Equivalents [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Cash and Cash Equivalents, Fair Value Disclosure 0 0
Bank Time Deposits [Member] | Short-term Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, Fair Value Disclosure 1 1
Bank Time Deposits [Member] | Fair Value, Inputs, Level 2 [Member] | Short-term Investments [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments, Fair Value Disclosure $ 1 $ 1
v3.25.4
Fair Value Measurements (Level 3 Contingent Consideration Liabilities) (Details) - Fair Value, Inputs, Level 3 [Member]
$ in Millions
 3 Months Ended
Mar. 31, 2024
USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]  
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements $ (30)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value, Ending Balance $ 0
v3.25.4
Accumulated Other Comprehensive Income Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Beginning balance $ 14,408 $ 13,227 $ 12,309
Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]      
Other comprehensive income (loss) 136 (202) 205
Ending balance 15,015 14,408 13,227
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, after Tax (92) (17) 0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent 266 (150) 144
Foreign currency translation adjustments:      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
AOCI before Tax, beginning balance (261) (109) (256)
AOCI Tax, beginning balance 7 5 8
Beginning balance (254) (104) (248)
Other Comprehensive Income (Loss), before Tax [Abstract]      
Other Comprehensive Income (Loss), before Tax 272 (152) 147
Other Comprehensive Income (Loss), Tax [Abstract]      
Other Comprehensive Income (Loss), Tax (6) 2 (3)
Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]      
Other comprehensive income (loss)   (150) 144
AOCI before Tax, ending balance 11 (261) (109)
AOCI Tax, ending balance 1 7 5
Ending balance 12 (254) (104)
Accumulated Other Comprehensive Income (Loss)      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
AOCI before Tax, beginning balance (315) (96) (324)
AOCI Tax, beginning balance 19 2 25
Beginning balance (296) (94) (299)
Other Comprehensive Income (Loss), before Tax [Abstract]      
Other Comprehensive Income (Loss), before Tax 93 (219) 228
Other Comprehensive Income (Loss), Tax [Abstract]      
Other Comprehensive Income (Loss), Tax 43 17 (23)
Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]      
Other comprehensive income (loss) 136 (202) 205
AOCI before Tax, ending balance (222) (315) (96)
AOCI Tax, ending balance 62 19 2
Ending balance (160) (296) (94)
Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
AOCI before Tax, beginning balance (20) 0 0
AOCI Tax, beginning balance 3 0 0
Beginning balance (17) 0 0
Other Comprehensive Income (Loss), before Tax [Abstract]      
Other Comprehensive Income (Loss), before Tax (129) (20) 0
Other Comprehensive Income (Loss), Tax [Abstract]      
Other Comprehensive Income (Loss), Tax 37 3 0
Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]      
AOCI before Tax, ending balance (149) (20) 0
AOCI Tax, ending balance 40 3 0
Ending balance (109) (17) 0
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
AOCI before Tax, beginning balance (34) 13 (68)
AOCI Tax, beginning balance 9 (3) 17
Beginning balance (25) 10 (51)
Other Comprehensive Income (Loss), before Tax [Abstract]      
OCI, before Reclassifications, before Tax (85) (35) 55
Other Comprehensive Income (Loss), before Tax (50) (47) 81
Other Comprehensive Income (Loss), Tax [Abstract]      
Other Comprehensive Income (Loss) before Reclassifications, Tax 21 9 (14)
Other Comprehensive Income (Loss), Tax 12 12 (20)
Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]      
OCI, before Reclassifications, Net of Tax (64) (26) 41
Other comprehensive income (loss) (38) (35) 61
AOCI before Tax, ending balance (84) (34) 13
AOCI Tax, ending balance 21 9 (3)
Ending balance (63) (25) 10
Cost of revenues | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent      
Other Comprehensive Income (Loss), before Tax [Abstract]      
Reclassification from AOCI, Current Period, before Tax 32 (11) 23
Other Comprehensive Income (Loss), Tax [Abstract]      
Reclassification from AOCI, Current Period, Tax (8) 3 (5)
Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]      
Reclassification from AOCI, Current Period, Net of Tax 24 (8) 18
SG&A expenses | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent      
Other Comprehensive Income (Loss), before Tax [Abstract]      
Reclassification from AOCI, Current Period, before Tax 3 (1) 3
Other Comprehensive Income (Loss), Tax [Abstract]      
Reclassification from AOCI, Current Period, Tax (1) 0 (1)
Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]      
Reclassification from AOCI, Current Period, Net of Tax $ 2 $ (1) $ 2
v3.25.4
Commitments and Contingencies (Narrative) (Details) - USD ($)
$ in Millions
Dec. 05, 2025
Jun. 30, 2025
Mar. 13, 2024
May 25, 2023
Apr. 20, 2021
Oct. 27, 2020
Dec. 31, 2025
Dec. 31, 2024
Mar. 31, 2019
Other Commitments [Line Items]                  
Accrued expenses and other current liabilities             $ 2,664 $ 2,610  
Syntel Sterling Best Shores Mauritius Ltd. [Member]                  
Other Commitments [Line Items]                  
Litigation Settlement, Amount Awarded from Other Party   $ 70     $ 570 $ 855      
Litigation Settlement Amount Awarded From Other Party, Punitive Damages         285 $ 570      
Litigation Settlement Amount Awarded From Other Party, Actual Damages         $ 285        
Litigation Settlement Amount Vacated, Actual and Punitive Damages       $ 570          
Syntel Sterling Best Shores Mauritius Ltd. [Member] | Positive Outcome Of Litigation, Attorney Fees                  
Other Commitments [Line Items]                  
Litigation Settlement, Amount Awarded from Other Party     $ 15            
Title VII Disparate Treatment Claim                  
Other Commitments [Line Items]                  
Loss Contingency, Damages Awarded, Value $ 16                
India Defined Contribution Obligation [Member]                  
Other Commitments [Line Items]                  
Accrued expenses and other current liabilities                 $ 117
v3.25.4
Employee Benefits (Narrative) (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]        
Liability, Defined Benefit Pension Plan, Noncurrent $ 55 $ 55 $ 63  
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)   13 21 $ 16
Gratuity Plan [Member]        
Defined Benefit Plan Disclosure [Line Items]        
Liability, Defined Benefit Plan 205 205 80  
Fund assets 250 250 231  
Pension and Other Postretirement Benefits Cost (Reversal of Cost)   10 4 56
Defined Benefit Plan, Plan Assets, Period Increase (Decrease) $ 147      
UNITED STATES        
Defined Benefit Plan Disclosure [Line Items]        
Defined contribution plan expense   124 115 117
All Plans exlcuding United States and India        
Defined Benefit Plan Disclosure [Line Items]        
Defined contribution plan expense   125 104 107
India        
Defined Benefit Plan Disclosure [Line Items]        
Defined contribution plan expense   $ 152 $ 151 $ 149
Employee contribution percentage, maximum   12.00%    
v3.25.4
Stock-Based Compensation Plans (Narrative) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
2023 Incentive Plan      
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Shares authorized 25.0    
Shares available for grant 20.2    
Employee Stock      
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Shares authorized 50.0    
Shares available for grant 9.8    
Restricted Stock Units      
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value $ 164 $ 172 $ 176
Weighted Average Grant Date Fair Value, Granted $ 81.98 $ 77.66 $ 65.95
Unrecognized stock-based compensation expense $ 149    
Weighted average remaining requisite service period 1 year 6 months    
Performance Stock Units      
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value $ 5 $ 15 $ 22
Weighted Average Grant Date Fair Value, Granted $ 90.15 $ 83.63 $ 67.82
Unrecognized stock-based compensation expense $ 29    
Weighted average remaining requisite service period 1 year 2 months 12 days    
Maximum | Restricted Stock Units      
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Vesting period 4 years    
Maximum | Performance Stock Units      
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Vesting period 4 years    
v3.25.4
Stock-Based Compensation Plans (Schedule Of Allocation Of Total Stock-Based Compensation Expense) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]      
Total stock-based compensation expense $ 181 $ 175 $ 176
Income tax benefit 37 38 34
Cost of revenues      
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]      
Total stock-based compensation expense 26 26 30
SG&A expenses      
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]      
Total stock-based compensation expense 155 150 153
Restructuring Charges [Member]      
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]      
Total stock-based compensation expense $ 0 $ (1) $ (7)
v3.25.4
Stock-Based Compensation Plans (Summary Of The Activity For Restricted Stock Units) (Details) - Restricted Stock Units - $ / shares
shares in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Number of Units      
Number of Units, Unvested at beginning of period 2.8    
Number of Units, Granted 2.4    
Number of Units, Vested (2.1)    
Number of Units, Forfeited (0.4)    
Number of Units, Unvested at end of period 2.7 2.8  
Weighted Average Grant Date Fair Value (in dollars)      
Weighted Average Grant Date Fair Value, Unvested at beginning of period $ 73.47    
Weighted Average Grant Date Fair Value, Granted 81.98 $ 77.66 $ 65.95
Weighted Average Grant Date Fair Value, Vested 74.93    
Weighted Average Grant Date Fair Value, Forfeited 78.48    
Weighted Average Grant Date Fair Value, Unvested at end of period $ 79.08 $ 73.47  
v3.25.4
Stock-Based Compensation Plans (Summary Of The Activity For Performance Stock Units) (Details) - Performance Stock Units - $ / shares
shares in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Number of Units      
Number of Units, Unvested at beginning of period 1.5    
Number of Units, Granted 0.8    
Number of Units, Vested (0.1)    
Number of Units, Forfeited (0.2)    
Number of Units, Adjustment at the conclusion of the performance measurement period 0.4    
Number of Units, Unvested at end of period 1.6 1.5  
Weighted Average Grant Date Fair Value (in dollars)      
Weighted Average Grant Date Fair Value, Unvested at beginning of period $ 76.76    
Weighted Average Grant Date Fair Value, Granted 90.15 $ 83.63 $ 67.82
Weighted Average Grant Date Fair Value, Vested 92.06    
Weighted Average Grant Date Fair Value, Forfeited 81.01    
Weighted Average Grant Date Fair Value, Reduction due to the achievement of lower than maximum performance milestones 65.57    
Weighted Average Grant Date Fair Value, Unvested at end of period $ 84.71 $ 76.76  
v3.25.4
Stock-Based Compensation Plans (Schedule Of Assumptions Used To Calculate The Fair Value Of Option Grants) (Details) - Employee Stock - shares
shares in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]      
Eligible employees purchase percentage of whole share of fair market value 95.00% 95.00% 95.00%
Shares issued 0.8 0.9 1.1
v3.25.4
Segment Information (Revenues From External Customers And Segment Operating Profit) (Details)
$ in Millions
 12 Months Ended
Dec. 31, 2025
USD ($)
Segment
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Segment Reporting Information [Line Items]      
Revenues $ 21,108 $ 19,736 $ 19,353
Income from operations $ 3,389 2,892 2,689
Number of Reportable Segments | Segment 4    
Health Sciences      
Segment Reporting Information [Line Items]      
Revenues $ 6,347 5,932 5,674
Financial Services      
Segment Reporting Information [Line Items]      
Revenues 6,173 5,753 5,809
Products and Resources      
Segment Reporting Information [Line Items]      
Revenues 5,285 4,782 4,628
Communications, Media and Technology      
Segment Reporting Information [Line Items]      
Revenues 3,303 3,269 3,242
Operating Segments [Member]      
Segment Reporting Information [Line Items]      
Revenues 21,108 19,736 19,353
Less: other segment items 17,623 16,584 15,236
Income from operations 3,485 3,152 4,117
Operating Segments [Member] | Health Sciences      
Segment Reporting Information [Line Items]      
Revenues 6,347 5,932 5,674
Less: other segment items 5,114 4,859 4,322
Income from operations 1,029 1,073 1,352
Operating Segments [Member] | Financial Services      
Segment Reporting Information [Line Items]      
Revenues 6,173 5,753 5,809
Less: other segment items 5,144 4,838 4,653
Income from operations 1,233 915 1,156
Operating Segments [Member] | Products and Resources      
Segment Reporting Information [Line Items]      
Revenues 5,285 4,782 4,628
Less: other segment items 4,498 4,011 3,644
Income from operations 787 771 984
Operating Segments [Member] | Communications, Media and Technology      
Segment Reporting Information [Line Items]      
Revenues 3,303 3,269 3,242
Less: other segment items 2,867 2,876 2,617
Income from operations 436 393 625
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]      
Segment Reporting Information [Line Items]      
Less: unallocated costs $ 96 $ 260 $ 1,428
v3.25.4
Segment Information (Revenues And Long-Lived Assets By Geographic Area) (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Geographic Areas, Long-Lived Assets    
Long-lived assets $ 933 $ 994
North America [Member]    
Geographic Areas, Long-Lived Assets    
Long-lived assets 300 338
Europe [Member]    
Geographic Areas, Long-Lived Assets    
Long-lived assets 67 72
Rest of World [Member]    
Geographic Areas, Long-Lived Assets    
Long-lived assets $ 566 $ 584
v3.25.4
Subsequent Events (Details) - $ / shares
 12 Months Ended
Feb. 03, 2026
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Jan. 01, 2026
Jan. 22, 2024
Subsequent Event [Line Items]            
Dividends declared per common share (in usd per share)   $ 1.24 $ 1.20 $ 1.16    
Thirdera            
Subsequent Event [Line Items]            
Percentage of voting interests acquired           100.00%
Subsequent Event            
Subsequent Event [Line Items]            
Dividends declared per common share (in usd per share) $ 0.33          
Subsequent Event | 3Cloud            
Subsequent Event [Line Items]            
Percentage of voting interests acquired         100.00%  
v3.25.4
Valuation And Qualifying Accounts (Valuation And Qualifying Accounts) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Warranty Accrual [Member]      
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]      
Balance at Beginning of Period $ 38 $ 40 $ 41
Charged to Costs and Expenses 43 38 40
Charged to Other Accounts 0 0 0
Deductions/Other 38 40 41
Balance at End of Period 43 38 40
Valuation Allowance - Deferred Income Tax Assets [Member]      
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]      
Balance at Beginning of Period 48 53 41
Charged to Costs and Expenses 390 1 14
Charged to Other Accounts 0 0 0
Deductions/Other 11 6 2
Balance at End of Period $ 427 $ 48 $ 53