Conduent Incorporated(NASDAQ:CNDT)
Conduent Incorporated provides business process services with capabilities in transaction-intensive processing, analytics, and automation in the United States, Europe, and internationally. It operates through three segments: Commercial Industries, Government Services, and Transportation. The Commerc...
Website: http://www.conduent.com
Full Time Employees: 65,000
Sector: Technology
Industry: Information Technology Services
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At a glance:
Bull Thesis:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 723,000,000 | 770,000,000 | 767,000,000 | 754,000,000 | 751,000,000 | 800,000,000 | 807,000,000 | 828,000,000 | 921,000,000 | 953,000,000 | 932,000,000 | 915,000,000 | 922,000,000 | 986,000,000 | 977,000,000 | 928,000,000 | 967,000,000 | 1,048,000,000 | 1,038,000,000 | 1,026,000,000 | 1,028,000,000 | 1,055,000,000 | 1,041,000,000 | 1,016,000,000 | 1,051,000,000 | 1,099,000,000 | 1,098,000,000 | 1,112,000,000 | 1,158,000,000 | 1,282,000,000 | 1,304,000,000 | 1,387,000,000 | 1,420,000,000 | 1,483,000,000 | 1,470,000,000 | 1,485,000,000 | 1,542,000,000 | ||
yoy | -3.73% | -3.75% | -4.96% | -8.94% | -18.46% | -16.05% | -13.41% | -9.51% | -0.11% | -3.35% | -4.61% | -1.40% | -4.65% | -5.92% | -5.88% | -9.55% | -5.93% | -0.66% | -0.29% | 0.98% | -2.19% | -4.00% | -5.19% | -8.63% | -9.24% | -14.27% | -15.80% | -19.83% | -18.45% | -13.55% | -11.29% | -6.60% | -7.91% | ||||||
qoq | -6.10% | 0.39% | 1.72% | 0.40% | -6.13% | -0.87% | -2.54% | -10.10% | -3.36% | 2.25% | 1.86% | -0.76% | -6.49% | 0.92% | 5.28% | -4.03% | -7.73% | 0.96% | 1.17% | -0.19% | -2.56% | 1.34% | 2.46% | -3.33% | -4.37% | 0.09% | -1.26% | -3.97% | -9.67% | -1.69% | -5.98% | -2.32% | -4.25% | 0.88% | -1.01% | -3.70% | |||
operating costs and expenses | |||||||||||||||||||||||||||||||||||||||
cost of services | 587,000,000 | 624,000,000 | 631,000,000 | 617,000,000 | 618,000,000 | 662,000,000 | 656,000,000 | 677,000,000 | 735,000,000 | 740,000,000 | 724,000,000 | 704,000,000 | 720,000,000 | 782,000,000 | 754,000,000 | 727,000,000 | 755,000,000 | 803,000,000 | 776,000,000 | 772,000,000 | 787,000,000 | 803,000,000 | 779,000,000 | 795,000,000 | 832,000,000 | 850,000,000 | 859,000,000 | 879,000,000 | 906,000,000 | 835,000,000 | 1,054,000,000 | 1,125,000,000 | 1,168,000,000 | 1,203,000,000 | 1,210,000,000 | 1,245,000,000 | 1,287,000,000 | ||
selling, general and administrative | 91,000,000 | 96,000,000 | 96,000,000 | 100,000,000 | 120,000,000 | 109,000,000 | 115,000,000 | 115,000,000 | 116,000,000 | 114,000,000 | 115,000,000 | 118,000,000 | 111,000,000 | 108,000,000 | 117,000,000 | 113,000,000 | 102,000,000 | 162,000,000 | 131,000,000 | 125,000,000 | 126,000,000 | 119,000,000 | 122,000,000 | 111,000,000 | 116,000,000 | 119,000,000 | 112,000,000 | 121,000,000 | 127,000,000 | 124,000,000 | 142,000,000 | 149,000,000 | 145,000,000 | 149,000,000 | 144,000,000 | 153,000,000 | |||
research and development | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 4,000,000 | 3,000,000 | 4,000,000 | 6,000,000 | 7,000,000 | ||||
depreciation and amortization | 47,000,000 | 50,000,000 | 48,000,000 | 48,000,000 | 48,000,000 | 47,000,000 | 44,000,000 | 51,000,000 | 62,000,000 | 65,000,000 | 81,000,000 | 57,000,000 | 61,000,000 | 62,000,000 | 54,000,000 | 53,000,000 | 61,000,000 | 87,000,000 | 84,000,000 | 86,000,000 | 95,000,000 | 115,000,000 | 112,000,000 | 115,000,000 | 117,000,000 | 117,000,000 | 115,000,000 | 112,000,000 | 115,000,000 | ||||||||||
restructuring and related costs | 8,000,000 | 11,000,000 | 12,000,000 | 8,000,000 | 4,000,000 | 25,000,000 | 4,000,000 | 8,000,000 | 9,000,000 | 13,000,000 | 7,000,000 | 13,000,000 | 29,000,000 | 15,000,000 | 4,000,000 | 11,000,000 | 9,000,000 | 14,000,000 | 10,000,000 | 8,000,000 | 13,000,000 | 11,000,000 | 20,000,000 | 29,000,000 | 7,000,000 | 21,000,000 | 8,000,000 | 26,000,000 | 16,000,000 | 13,000,000 | 31,000,000 | 17,000,000 | 20,000,000 | 25,000,000 | 22,000,000 | 36,000,000 | 18,000,000 | 44,000,000 | 8,000,000 |
interest expense | 12,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 13,000,000 | 16,000,000 | 19,000,000 | 27,000,000 | 29,000,000 | 28,000,000 | 27,000,000 | 27,000,000 | 25,000,000 | 22,000,000 | 18,000,000 | 19,000,000 | 17,000,000 | 12,000,000 | 13,000,000 | 13,000,000 | 14,000,000 | 14,000,000 | 15,000,000 | 17,000,000 | 18,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 22,000,000 | 37,000,000 | 33,000,000 | 32,000,000 | 35,000,000 | 34,000,000 | 36,000,000 | ||
loss on divestitures and transaction costs | 3,000,000 | 3,000,000 | 1,000,000 | 4,000,000 | 3,000,000 | -188,000,000 | -347,000,000 | -161,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 3,000,000 | -163,000,000 | 2,000,000 | -1,000,000 | 2,000,000 | 3,000,000 | 8,000,000 | 2,000,000 | 4,000,000 | 6,000,000 | 3,000,000 | 2,000,000 | 14,000,000 | 33,000,000 | 54,000,000 | -60,000,000 | 15,000,000 | ||||||||
litigation settlements (recoveries) | -3,000,000 | 2,000,000 | 3,000,000 | 1,000,000 | 1,000,000 | 4,000,000 | -8,000,000 | -1,000,000 | -21,000,000 | -1,000,000 | -3,000,000 | -28,000,000 | |||||||||||||||||||||||||||
other expenses | 1,000,000 | 4,000,000 | 3,000,000 | 2,000,000 | -1,000,000 | -9,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -1,000,000 | -1,000,000 | 1,000,000 | 2,000,000 | 4,000,000 | -1,000,000 | -1,000,000 | 2,000,000 | -2,000,000 | -8,000,000 | 1,000,000 | -1,000,000 | 4,000,000 | 4,000,000 | -2,000,000 | -1,000,000 | 6,000,000 | -3,000,000 | -10,000,000 | -12,000,000 | ||||||||||
total operating costs and expenses | 750,000,000 | 798,000,000 | 805,000,000 | 792,000,000 | 807,000,000 | 882,000,000 | 648,000,000 | 528,000,000 | 794,000,000 | 957,000,000 | 1,245,000,000 | 922,000,000 | 930,000,000 | 1,351,000,000 | 954,000,000 | 923,000,000 | 757,000,000 | 1,102,000,000 | 1,019,000,000 | 1,007,000,000 | 1,037,000,000 | 1,066,000,000 | 1,054,000,000 | 1,080,000,000 | 1,102,000,000 | 1,734,000,000 | 1,112,000,000 | 2,231,000,000 | 1,496,000,000 | 4,772,000,000 | 502,000,000 | 208,000,000 | 306,000,000 | 278,000,000 | 248,000,000 | ||||
income before income taxes | -27,000,000 | -28,000,000 | -38,000,000 | -38,000,000 | -56,000,000 | -82,000,000 | 159,000,000 | 300,000,000 | 127,000,000 | -4,000,000 | -313,000,000 | -7,000,000 | -8,000,000 | -365,000,000 | 23,000,000 | 5,000,000 | 210,000,000 | -54,000,000 | 19,000,000 | 19,000,000 | -9,000,000 | -11,000,000 | -13,000,000 | -64,000,000 | -51,000,000 | -635,000,000 | -14,000,000 | -1,119,000,000 | -338,000,000 | -143,000,000 | -252,000,000 | 54,000,000 | -54,000,000 | 4,000,000 | 13,000,000 | -11,000,000 | -22,000,000 | -1,141,000,000 | 2,000,000 |
income tax expense | 6,000,000 | 5,000,000 | 8,000,000 | 2,000,000 | -5,000,000 | -70,000,000 | 36,000,000 | 84,000,000 | 28,000,000 | -10,000,000 | -24,000,000 | -2,000,000 | -32,000,000 | 8,000,000 | 5,000,000 | 74,000,000 | -14,000,000 | 8,000,000 | 7,000,000 | 2,000,000 | -6,000,000 | -13,000,000 | -2,000,000 | -54,000,000 | 2,000,000 | -90,000,000 | -30,000,000 | -3,000,000 | -15,000,000 | 43,000,000 | -4,000,000 | 2,750,000 | 30,000,000 | ||||||
net income | -33,000,000 | -33,000,000 | -46,000,000 | -40,000,000 | -51,000,000 | -12,000,000 | 123,000,000 | 216,000,000 | 99,000,000 | 6,000,000 | -289,000,000 | -7,000,000 | -6,000,000 | -333,000,000 | 15,000,000 | 136,000,000 | -40,000,000 | 11,000,000 | 12,000,000 | -11,000,000 | -11,000,000 | -7,000,000 | -51,000,000 | -49,000,000 | -581,000,000 | -16,000,000 | -1,029,000,000 | -308,000,000 | -140,000,000 | -237,000,000 | 11,000,000 | -50,000,000 | 208,000,000 | -17,000,000 | -4,000,000 | -6,000,000 | -951,000,000 | 1,000,000 | |
yoy | -35.29% | 175.00% | -137.40% | -118.52% | -151.52% | -300.00% | -142.56% | -3185.71% | -1750.00% | -101.80% | -2026.67% | NaN% | -104.41% | 732.50% | 36.36% | NaN% | -1336.36% | 263.64% | -257.14% | -123.53% | -77.55% | -98.11% | -56.25% | -95.04% | -84.09% | 315.00% | -93.25% | -9454.55% | 516.00% | -167.31% | 1294.12% | -375.00% | 733.33% | -121.87% | -1800.00% | ||||
qoq | 0.00% | -28.26% | 15.00% | -21.57% | 325.00% | -109.76% | -43.06% | 118.18% | 1550.00% | -102.08% | 4028.57% | 16.67% | -98.20% | -2320.00% | NaN% | NaN% | -440.00% | -463.64% | -8.33% | -209.09% | 0.00% | 57.14% | -86.27% | 4.08% | -91.57% | 3531.25% | -98.45% | 234.09% | 120.00% | -40.93% | -2254.55% | -122.00% | -124.04% | -1323.53% | 325.00% | -33.33% | -99.37% | -95200.00% | |
net income margin % | -4.56% | -4.29% | -6.00% | -5.31% | -6.79% | -1.50% | 15.24% | 26.09% | 10.75% | 0.63% | -31.01% | -0.77% | -0.65% | -33.77% | 1.54% | NaN% | 14.06% | -3.82% | 1.06% | 1.17% | -1.07% | -1.04% | -0.67% | -5.02% | -4.66% | -52.87% | -1.46% | -92.54% | -26.60% | -10.92% | -18.17% | 0.79% | -3.52% | 14.03% | -1.16% | -0.27% | -0.39% | -Infinity% | Infinity% |
net income per share | |||||||||||||||||||||||||||||||||||||||
basic | -0.23 | -0.24 | -0.3 | -0.26 | -0.33 | 0.75 | 1.1 | 0.46 | 0.01 | -1.34 | -0.04 | -0.04 | -1.56 | 0.06 | -0.01 | 0.62 | -0.06 | -0.135 | -0.04 | -0.25 | -0.24 | -1.63 | -0.09 | -4.94 | -1.49 | ||||||||||||||
diluted | -0.23 | -0.24 | -0.3 | -0.26 | -0.33 | 0.01 | 0.72 | 1.07 | 0.46 | 0.01 | -1.34 | -0.04 | -0.04 | -1.55 | 0.06 | -0.01 | 0.61 | -0.06 | -0.135 | -0.04 | -0.25 | -0.24 | -1.63 | -0.09 | -4.94 | -1.49 | |||||||||||||
loss on extinguishment of debt | 1,000,000 | 2,000,000 | 1,000,000 | 3,000,000 | 2,000,000 | 13,000,000 | 2,000,000 | 108,000,000 | |||||||||||||||||||||||||||||||
goodwill impairment | 287,000,000 | 601,000,000 | 1,067,000,000 | 284,000,000 | |||||||||||||||||||||||||||||||||||
litigation costs | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||
net earnings per share: | |||||||||||||||||||||||||||||||||||||||
basic | 0.005 | 0.04 | 0.05 | ||||||||||||||||||||||||||||||||||||
diluted | 0.005 | 0.04 | 0.04 | ||||||||||||||||||||||||||||||||||||
litigation costs (recoveries) | 5,000,000 | 14,000,000 | 6,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 12,000,000 | 114,000,000 | 78,000,000 | 4,000,000 | 31,000,000 | ||||||||||||||||||||||||||||
gross margin | 191,000,000 | 250,000,000 | 262,000,000 | 252,000,000 | 282,000,000 | 261,000,000 | |||||||||||||||||||||||||||||||||
yoy | -32.27% | -4.21% | |||||||||||||||||||||||||||||||||||||
qoq | -23.60% | -4.58% | 3.97% | -10.64% | 8.05% | ||||||||||||||||||||||||||||||||||
gross margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 14.90% | 19.17% | 18.89% | 17.75% | 19.02% | 17.76% | 0% | 0% | NaN% | NaN% |
amortization of acquired intangible assets | 45,250,000 | 60,000,000 | 60,000,000 | 61,000,000 | |||||||||||||||||||||||||||||||||||
separation costs | 4,000,000 | 2,000,000 | 1,000,000 | 5,000,000 | 10,000,000 | 15,000,000 | |||||||||||||||||||||||||||||||||
income from continuing operations | -140,000,000 | -237,000,000 | 11,000,000 | -50,000,000 | 208,000,000 | -17,000,000 | -951,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||
income from discontinued operations, net of tax | 4,000,000 | ||||||||||||||||||||||||||||||||||||||
basic earnings per share: | |||||||||||||||||||||||||||||||||||||||
continuing operations | -0.68 | -1.16 | 0.05 | -0.26 | 1.01 | -0.09 | -0.03 | -0.06 | |||||||||||||||||||||||||||||||
discontinued operations | 0.02 | ||||||||||||||||||||||||||||||||||||||
total basic earnings per share | -0.68 | -1.16 | 0.05 | -0.26 | |||||||||||||||||||||||||||||||||||
diluted earnings per share: | |||||||||||||||||||||||||||||||||||||||
total diluted earnings per share | -0.68 | -1.16 | 0.04 | -0.26 | |||||||||||||||||||||||||||||||||||
revenues | |||||||||||||||||||||||||||||||||||||||
related party | 8,000,000 | 10,000,000 | 11,000,000 | 11,000,000 | 12,000,000 | 11,000,000 | |||||||||||||||||||||||||||||||||
total revenues | 1,493,000,000 | 1,480,000,000 | 1,496,000,000 | 1,553,000,000 | 1,514,000,000 | 1,596,000,000 | |||||||||||||||||||||||||||||||||
related party cost of services | 6,000,000 | 9,000,000 | 8,000,000 | 7,000,000 | 8,000,000 | 9,000,000 | |||||||||||||||||||||||||||||||||
amortization of intangible assets | 61,000,000 | 60,000,000 | 61,000,000 | 61,000,000 | 80,000,000 | 63,000,000 | |||||||||||||||||||||||||||||||||
related party interest | -4,000,000 | 10,000,000 | |||||||||||||||||||||||||||||||||||||
loss on sale of asset and businesses | -1,000,000 | -16,000,000 | |||||||||||||||||||||||||||||||||||||
total basic income per share | -0.043 | -0.09 | |||||||||||||||||||||||||||||||||||||
total diluted income per share | -0.043 | -0.09 | |||||||||||||||||||||||||||||||||||||
costs and expenses | |||||||||||||||||||||||||||||||||||||||
(gain) on sale of asset | -24,000,000 | ||||||||||||||||||||||||||||||||||||||
total costs and expenses | 1,507,000,000 | 1,575,000,000 | 2,655,000,000 | 1,594,000,000 | |||||||||||||||||||||||||||||||||||
income tax benefit | -7,000,000 | -12,000,000 | -190,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||
loss from continuing operations | -4,000,000 | -10,000,000 | |||||||||||||||||||||||||||||||||||||
total basic loss per share | -0.03 | -0.04 | |||||||||||||||||||||||||||||||||||||
total diluted loss per share | -0.03 | -0.04 | |||||||||||||||||||||||||||||||||||||
selling, administrative and general | 169,000,000 | 169,000,000 | 164,000,000 | ||||||||||||||||||||||||||||||||||||
outsourcing | 1,502,000,000 | 1,585,000,000 | |||||||||||||||||||||||||||||||||||||
cost of outsourcing | 1,383,000,000 | 1,319,000,000 | |||||||||||||||||||||||||||||||||||||
other incomes | 2,500,000 | -1,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 228,000,000 | 233,000,000 | 248,000,000 | 275,000,000 | 277,000,000 | 366,000,000 | 393,000,000 | 300,000,000 | 415,000,000 | 498,000,000 | 451,000,000 | 500,000,000 | 526,000,000 | 582,000,000 | 577,000,000 | 519,000,000 | 588,000,000 | 415,000,000 | 394,000,000 | 397,000,000 | 389,000,000 | 450,000,000 | 488,000,000 | 428,000,000 | 395,000,000 | 496,000,000 | 228,000,000 | 276,000,000 | 520,000,000 | 756,000,000 | 586,000,000 | 993,000,000 | 553,000,000 | 658,000,000 | 468,000,000 | 309,000,000 | 255,000,000 | 390,000,000 | 148,000,000 |
accounts receivable | 499,000,000 | 500,000,000 | 488,000,000 | 458,000,000 | 480,000,000 | 493,000,000 | 528,000,000 | 518,000,000 | 600,000,000 | 559,000,000 | 612,000,000 | 583,000,000 | 590,000,000 | 630,000,000 | 653,000,000 | 684,000,000 | 661,000,000 | 699,000,000 | 701,000,000 | 664,000,000 | 664,000,000 | 670,000,000 | 687,000,000 | 693,000,000 | 690,000,000 | 652,000,000 | 840,000,000 | 824,000,000 | 820,000,000 | 782,000,000 | 951,000,000 | 930,000,000 | 1,026,000,000 | 1,104,000,000 | 1,380,000,000 | 1,374,000,000 | 1,408,000,000 | 1,286,000,000 | 1,420,000,000 |
contract assets | 119,000,000 | 123,000,000 | 160,000,000 | 138,000,000 | 131,000,000 | 132,000,000 | 152,000,000 | 149,000,000 | 166,000,000 | 178,000,000 | 197,000,000 | 187,000,000 | 163,000,000 | 171,000,000 | 161,000,000 | 155,000,000 | 160,000,000 | 154,000,000 | 159,000,000 | 159,000,000 | 164,000,000 | 151,000,000 | 166,000,000 | 160,000,000 | 169,000,000 | 155,000,000 | 165,000,000 | 192,000,000 | 197,000,000 | 177,000,000 | 191,000,000 | 193,000,000 | 163,000,000 | ||||||
other current assets | 242,000,000 | 213,000,000 | 258,000,000 | 276,000,000 | 297,000,000 | 261,000,000 | 372,000,000 | 342,000,000 | 216,000,000 | 240,000,000 | 275,000,000 | 247,000,000 | 277,000,000 | 242,000,000 | 250,000,000 | 239,000,000 | 234,000,000 | 228,000,000 | 257,000,000 | 267,000,000 | 334,000,000 | 306,000,000 | 312,000,000 | 287,000,000 | 318,000,000 | 283,000,000 | 313,000,000 | 315,000,000 | 294,000,000 | 234,000,000 | 230,000,000 | 229,000,000 | 219,000,000 | 180,000,000 | 233,000,000 | 264,000,000 | 270,000,000 | 241,000,000 | 247,000,000 |
total current assets | 1,088,000,000 | 1,069,000,000 | 1,154,000,000 | 1,147,000,000 | 1,185,000,000 | 1,252,000,000 | 1,445,000,000 | 1,352,000,000 | 1,589,000,000 | 1,655,000,000 | 1,535,000,000 | 1,517,000,000 | 1,556,000,000 | 1,625,000,000 | 1,641,000,000 | 1,597,000,000 | 1,643,000,000 | 1,680,000,000 | 1,511,000,000 | 1,487,000,000 | 1,551,000,000 | 1,577,000,000 | 1,653,000,000 | 1,568,000,000 | 1,572,000,000 | 1,586,000,000 | 1,546,000,000 | 1,607,000,000 | 1,831,000,000 | 1,964,000,000 | 1,993,000,000 | 2,661,000,000 | 2,620,000,000 | 2,710,000,000 | 2,112,000,000 | 1,986,000,000 | 1,974,000,000 | 1,917,000,000 | 2,020,000,000 |
land, buildings and equipment | 173,000,000 | 181,000,000 | 186,000,000 | 182,000,000 | 179,000,000 | 167,000,000 | 174,000,000 | 179,000,000 | 186,000,000 | 197,000,000 | 241,000,000 | 252,000,000 | 259,000,000 | 266,000,000 | 262,000,000 | 263,000,000 | 272,000,000 | 281,000,000 | 273,000,000 | 281,000,000 | 281,000,000 | 305,000,000 | 306,000,000 | 309,000,000 | 321,000,000 | 342,000,000 | 331,000,000 | 333,000,000 | 336,000,000 | 328,000,000 | 297,000,000 | 276,000,000 | 260,000,000 | 257,000,000 | 249,000,000 | 262,000,000 | 282,000,000 | 283,000,000 | 264,000,000 |
operating lease right-of-use assets | 141,000,000 | 136,000,000 | 150,000,000 | 159,000,000 | 164,000,000 | 169,000,000 | 174,000,000 | 175,000,000 | 188,000,000 | 191,000,000 | 202,000,000 | 192,000,000 | 192,000,000 | 197,000,000 | 205,000,000 | 212,000,000 | 219,000,000 | 231,000,000 | 243,000,000 | 246,000,000 | 245,000,000 | 246,000,000 | 246,000,000 | 255,000,000 | 265,000,000 | 271,000,000 | 290,000,000 | 317,000,000 | 338,000,000 | ||||||||||
deferred contract costs | 123,000,000 | 128,000,000 | |||||||||||||||||||||||||||||||||||||
goodwill | 614,000,000 | 617,000,000 | 616,000,000 | 617,000,000 | 610,000,000 | 609,000,000 | 642,000,000 | 637,000,000 | 643,000,000 | 651,000,000 | 668,000,000 | 967,000,000 | 965,000,000 | 955,000,000 | 1,286,000,000 | 1,310,000,000 | 1,335,000,000 | 1,339,000,000 | 1,506,000,000 | 1,519,000,000 | 1,513,000,000 | 1,528,000,000 | 1,506,000,000 | 1,491,000,000 | 1,486,000,000 | 1,502,000,000 | 2,090,000,000 | 2,105,000,000 | 3,171,000,000 | 3,408,000,000 | 3,417,000,000 | 3,424,000,000 | 3,457,000,000 | 3,366,000,000 | 3,899,000,000 | 3,921,000,000 | 3,899,000,000 | 3,889,000,000 | 4,850,000,000 |
other long-term assets | 254,000,000 | 266,000,000 | 382,000,000 | 370,000,000 | 381,000,000 | 388,000,000 | 391,000,000 | 422,000,000 | 421,000,000 | 436,000,000 | 466,000,000 | 489,000,000 | 494,000,000 | 489,000,000 | 486,000,000 | 475,000,000 | 464,000,000 | 453,000,000 | 475,000,000 | 474,000,000 | 413,000,000 | 413,000,000 | 402,000,000 | 397,000,000 | 384,000,000 | 387,000,000 | 370,000,000 | 375,000,000 | 360,000,000 | 329,000,000 | 312,000,000 | 304,000,000 | 343,000,000 | 313,000,000 | 328,000,000 | 456,000,000 | 462,000,000 | 476,000,000 | 564,000,000 |
total assets | 2,393,000,000 | 2,397,000,000 | 2,500,000,000 | 2,488,000,000 | 2,532,000,000 | 2,599,000,000 | 2,841,000,000 | 2,780,000,000 | 3,058,000,000 | 3,162,000,000 | 3,146,000,000 | 3,453,000,000 | 3,503,000,000 | 3,571,000,000 | 3,921,000,000 | 3,900,000,000 | 3,979,000,000 | 4,036,000,000 | 4,092,000,000 | 4,123,000,000 | 4,150,000,000 | 4,256,000,000 | 4,360,000,000 | 4,326,000,000 | 4,394,000,000 | 4,514,000,000 | 5,114,000,000 | 5,303,000,000 | 6,663,000,000 | 6,680,000,000 | 6,730,000,000 | 7,436,000,000 | 7,511,000,000 | 7,548,000,000 | 7,547,000,000 | 7,648,000,000 | 7,700,000,000 | 7,709,000,000 | 8,923,000,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 23,000,000 | 22,000,000 | 16,000,000 | 28,000,000 | 26,000,000 | 24,000,000 | 26,000,000 | 33,000,000 | 33,000,000 | 34,000,000 | 40,000,000 | 41,000,000 | 38,000,000 | 35,000,000 | 33,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 21,000,000 | 89,000,000 | 89,000,000 | 90,000,000 | 78,000,000 | 68,000,000 | 60,000,000 | 50,000,000 | 50,000,000 | 52,000,000 | 53,000,000 | 55,000,000 | 49,000,000 | ||||||||
accounts payable | 133,000,000 | 142,000,000 | 135,000,000 | 126,000,000 | 155,000,000 | 157,000,000 | 133,000,000 | 136,000,000 | 167,000,000 | 174,000,000 | 166,000,000 | 169,000,000 | 176,000,000 | 228,000,000 | 203,000,000 | 166,000,000 | 189,000,000 | 198,000,000 | 169,000,000 | 161,000,000 | 167,000,000 | 182,000,000 | 173,000,000 | 170,000,000 | 168,000,000 | 198,000,000 | 145,000,000 | 161,000,000 | 313,000,000 | 230,000,000 | 216,000,000 | 158,000,000 | 152,000,000 | 138,000,000 | 147,000,000 | 106,000,000 | 130,000,000 | 164,000,000 | 116,000,000 |
accrued compensation and benefits costs | 178,000,000 | 173,000,000 | 180,000,000 | 168,000,000 | 165,000,000 | 170,000,000 | 193,000,000 | 171,000,000 | 175,000,000 | 183,000,000 | 195,000,000 | 180,000,000 | 174,000,000 | 197,000,000 | 227,000,000 | 219,000,000 | 206,000,000 | 243,000,000 | 252,000,000 | 234,000,000 | 205,000,000 | 237,000,000 | 200,000,000 | 182,000,000 | 151,000,000 | 174,000,000 | 140,000,000 | 165,000,000 | 148,000,000 | 193,000,000 | 233,000,000 | 297,000,000 | 289,000,000 | 335,000,000 | 221,000,000 | 247,000,000 | 257,000,000 | 269,000,000 | 245,000,000 |
contract liabilities | 74,000,000 | 74,000,000 | 82,000,000 | ||||||||||||||||||||||||||||||||||||
other current liabilities | 277,000,000 | 270,000,000 | 289,000,000 | 295,000,000 | 294,000,000 | 290,000,000 | 360,000,000 | 362,000,000 | 324,000,000 | 328,000,000 | 305,000,000 | 325,000,000 | 375,000,000 | 382,000,000 | 395,000,000 | 407,000,000 | 426,000,000 | 443,000,000 | 434,000,000 | 446,000,000 | 456,000,000 | 450,000,000 | 478,000,000 | 496,000,000 | 535,000,000 | 647,000,000 | 693,000,000 | 747,000,000 | 817,000,000 | 567,000,000 | 613,000,000 | 567,000,000 | 537,000,000 | 493,000,000 | 591,000,000 | 604,000,000 | 603,000,000 | 611,000,000 | 609,000,000 |
total current liabilities | 685,000,000 | 681,000,000 | 702,000,000 | 697,000,000 | 723,000,000 | 744,000,000 | 827,000,000 | 819,000,000 | 849,000,000 | 868,000,000 | 805,000,000 | 795,000,000 | 842,000,000 | 923,000,000 | 933,000,000 | 895,000,000 | 926,000,000 | 1,025,000,000 | 987,000,000 | 1,054,000,000 | 1,045,000,000 | 1,092,000,000 | 1,041,000,000 | 1,022,000,000 | 1,023,000,000 | 1,177,000,000 | 1,123,000,000 | 1,217,000,000 | 1,434,000,000 | 1,197,000,000 | 1,251,000,000 | 1,313,000,000 | 1,374,000,000 | 1,368,000,000 | 1,214,000,000 | 1,212,000,000 | 1,248,000,000 | 1,402,000,000 | 2,306,000,000 |
long-term debt | 698,000,000 | 665,000,000 | 697,000,000 | 628,000,000 | 625,000,000 | 615,000,000 | 718,000,000 | 789,000,000 | 1,083,000,000 | 1,248,000,000 | 1,266,000,000 | 1,274,000,000 | 1,277,000,000 | 1,277,000,000 | 1,272,000,000 | 1,272,000,000 | 1,277,000,000 | 1,383,000,000 | 1,384,000,000 | 1,340,000,000 | 1,388,000,000 | 1,420,000,000 | 1,574,000,000 | 1,581,000,000 | 1,596,000,000 | 1,464,000,000 | 1,468,000,000 | 1,488,000,000 | 1,496,000,000 | 1,512,000,000 | 1,528,000,000 | 2,001,000,000 | 1,972,000,000 | 1,979,000,000 | 1,991,000,000 | 2,071,000,000 | 2,075,000,000 | 1,913,000,000 | 26,000,000 |
deferred taxes | 18,000,000 | 19,000,000 | 22,000,000 | 16,000,000 | 16,000,000 | 24,000,000 | 54,000,000 | 48,000,000 | 43,000,000 | 30,000,000 | 61,000,000 | 75,000,000 | 85,000,000 | 83,000,000 | 117,000,000 | 105,000,000 | 102,000,000 | 75,000,000 | 87,000,000 | 90,000,000 | 96,000,000 | 97,000,000 | 106,000,000 | 93,000,000 | 108,000,000 | 111,000,000 | 181,000,000 | 186,000,000 | 283,000,000 | 327,000,000 | 320,000,000 | 346,000,000 | 382,000,000 | 384,000,000 | 605,000,000 | 592,000,000 | 616,000,000 | 619,000,000 | 781,000,000 |
operating lease liabilities | 108,000,000 | 102,000,000 | 117,000,000 | 127,000,000 | 134,000,000 | 138,000,000 | 141,000,000 | 144,000,000 | 155,000,000 | 157,000,000 | 167,000,000 | 159,000,000 | 158,000,000 | 160,000,000 | 167,000,000 | 173,000,000 | 179,000,000 | 184,000,000 | 195,000,000 | 199,000,000 | 205,000,000 | 207,000,000 | 209,000,000 | 218,000,000 | 224,000,000 | 229,000,000 | 245,000,000 | 264,000,000 | 282,000,000 | ||||||||||
other long-term liabilities | 101,000,000 | 103,000,000 | 103,000,000 | 101,000,000 | 88,000,000 | 93,000,000 | 78,000,000 | 83,000,000 | 81,000,000 | 84,000,000 | 85,000,000 | 81,000,000 | 70,000,000 | 69,000,000 | 84,000,000 | 88,000,000 | 91,000,000 | 95,000,000 | 114,000,000 | 113,000,000 | 106,000,000 | 108,000,000 | 105,000,000 | 95,000,000 | 81,000,000 | 91,000,000 | 87,000,000 | 105,000,000 | 99,000,000 | 280,000,000 | 130,000,000 | 135,000,000 | 131,000,000 | 142,000,000 | 132,000,000 | 143,000,000 | 148,000,000 | 173,000,000 | 169,000,000 |
total liabilities | 1,610,000,000 | 1,570,000,000 | 1,641,000,000 | 1,569,000,000 | 1,586,000,000 | 1,614,000,000 | 1,818,000,000 | 1,883,000,000 | 2,211,000,000 | 2,387,000,000 | 2,384,000,000 | 2,384,000,000 | 2,432,000,000 | 2,512,000,000 | 2,573,000,000 | 2,533,000,000 | 2,575,000,000 | 2,762,000,000 | 2,767,000,000 | 2,796,000,000 | 2,840,000,000 | 2,924,000,000 | 3,035,000,000 | 3,009,000,000 | 3,032,000,000 | 3,072,000,000 | 3,104,000,000 | 3,260,000,000 | 3,594,000,000 | 3,316,000,000 | 3,229,000,000 | 3,795,000,000 | 3,859,000,000 | 3,877,000,000 | 4,093,000,000 | 4,189,000,000 | 4,259,000,000 | 4,279,000,000 | 3,433,000,000 |
contingencies | |||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | |
common stock | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | |
treasury stock | -235,000,000 | -235,000,000 | -231,000,000 | -218,000,000 | -210,000,000 | -210,000,000 | -210,000,000 | -196,000,000 | -44,000,000 | -27,000,000 | -7,000,000 | -1,000,000 | |||||||||||||||||||||||||||
additional paid-in capital | 3,968,000,000 | 3,968,000,000 | 3,964,000,000 | 3,959,000,000 | 3,955,000,000 | 3,952,000,000 | 3,952,000,000 | 3,947,000,000 | 3,941,000,000 | 3,938,000,000 | 3,937,000,000 | 3,931,000,000 | 3,926,000,000 | 3,924,000,000 | 3,924,000,000 | 3,918,000,000 | 3,912,000,000 | 3,910,000,000 | 3,912,000,000 | 3,907,000,000 | 3,902,000,000 | 3,899,000,000 | 3,901,000,000 | 3,896,000,000 | 3,891,000,000 | 3,890,000,000 | 3,886,000,000 | 3,886,000,000 | 3,879,000,000 | 3,878,000,000 | 3,871,000,000 | 3,865,000,000 | 3,853,000,000 | 3,850,000,000 | 3,812,000,000 | ||||
retained earnings | -2,648,000,000 | -2,613,000,000 | -2,577,000,000 | -2,529,000,000 | -2,486,000,000 | -2,433,000,000 | -2,418,000,000 | -2,539,000,000 | -2,752,000,000 | -2,849,000,000 | -2,852,000,000 | -2,561,000,000 | -2,551,000,000 | -2,543,000,000 | -2,207,000,000 | -2,220,000,000 | -2,217,000,000 | -2,351,000,000 | -2,308,000,000 | -2,317,000,000 | -2,326,000,000 | -2,313,000,000 | -2,299,000,000 | -2,290,000,000 | -2,236,000,000 | -2,185,000,000 | -1,601,000,000 | -1,583,000,000 | -551,000,000 | -233,000,000 | -90,000,000 | 144,000,000 | 136,000,000 | 171,000,000 | |||||
accumulated other comprehensive loss | -446,000,000 | -437,000,000 | -441,000,000 | -437,000,000 | -461,000,000 | -472,000,000 | -449,000,000 | -463,000,000 | -446,000,000 | -435,000,000 | -463,000,000 | -444,000,000 | -448,000,000 | -466,000,000 | -513,000,000 | -475,000,000 | -435,000,000 | -429,000,000 | -423,000,000 | -407,000,000 | -410,000,000 | -398,000,000 | -421,000,000 | -433,000,000 | -437,000,000 | -407,000,000 | -419,000,000 | -404,000,000 | -403,000,000 | -425,000,000 | -424,000,000 | -512,000,000 | -481,000,000 | -494,000,000 | -490,000,000 | -498,000,000 | -511,000,000 | -526,000,000 | -203,000,000 |
total equity | 641,000,000 | 685,000,000 | 717,000,000 | 777,000,000 | 804,000,000 | 843,000,000 | 881,000,000 | 755,000,000 | 705,000,000 | 633,000,000 | 620,000,000 | 927,000,000 | 929,000,000 | 917,000,000 | 1,206,000,000 | 1,225,000,000 | 1,262,000,000 | 1,132,000,000 | 1,183,000,000 | 1,185,000,000 | 1,168,000,000 | 1,190,000,000 | 1,183,000,000 | 1,175,000,000 | 1,220,000,000 | 1,300,000,000 | 1,868,000,000 | 1,901,000,000 | 2,927,000,000 | 3,222,000,000 | 3,359,000,000 | 3,499,000,000 | 3,510,000,000 | 3,529,000,000 | 3,312,000,000 | 3,317,000,000 | 3,299,000,000 | 3,288,000,000 | |
total liabilities and equity | 2,393,000,000 | 2,397,000,000 | 2,500,000,000 | 2,488,000,000 | 2,532,000,000 | 2,599,000,000 | 2,841,000,000 | 2,780,000,000 | 3,058,000,000 | 3,162,000,000 | 3,146,000,000 | 3,453,000,000 | 3,503,000,000 | 3,571,000,000 | 3,921,000,000 | 3,900,000,000 | 3,979,000,000 | 4,036,000,000 | 4,092,000,000 | 4,123,000,000 | 4,150,000,000 | 4,256,000,000 | 4,360,000,000 | 4,326,000,000 | 4,394,000,000 | 4,514,000,000 | 5,114,000,000 | 5,303,000,000 | 6,663,000,000 | 6,680,000,000 | 6,730,000,000 | 7,436,000,000 | 7,511,000,000 | 7,548,000,000 | 7,547,000,000 | 7,648,000,000 | 7,700,000,000 | 7,709,000,000 | |
shares of common stock issued and outstanding | 155,097,000,000 | 154,709,000,000 | 154,724,000,000 | 159,157,000,000 | 161,830,000,000 | 161,829,000,000 | 159,890,000,000 | 163,779,000,000 | 206,685,000,000 | 211,509,000,000 | 216,287,000,000 | 218,246,000,000 | 218,443,000,000 | 218,348,000,000 | 215,803,000,000 | 215,705,000,000 | 215,604,000,000 | 215,381,000,000 | 212,672,000,000 | 212,556,000,000 | 212,389,000,000 | 212,074,000,000 | 209,273,000,000 | 209,225,000,000 | 209,058,000,000 | 211,511,000,000 | 211,364,000,000 | 210,417,000,000 | 211,623,000,000 | 211,306,000,000 | 211,277,000,000 | 210,528,000,000 | 210,494,000,000 | 210,440,000,000 | 210,372,000,000 | 209,355,000,000 | 203,640,000,000 | 202,875,000,000 | |
shares of series a convertible preferred stock issued and outstanding | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | 120,000,000 | |
shares of common stock held in treasury | 70,097,000,000 | 70,097,000,000 | 68,262,000,000 | 63,550,000,000 | 60,868,000,000 | 60,868,000,000 | 60,868,000,000 | 56,942,000,000 | 13,665,000,000 | 8,841,000,000 | 2,226,000,000 | 267,000,000 | |||||||||||||||||||||||||||
total conduent inc. equity | 685,000,000 | 717,000,000 | 777,000,000 | 800,000,000 | 839,000,000 | 877,000,000 | 751,000,000 | 701,000,000 | 629,000,000 | 617,000,000 | |||||||||||||||||||||||||||||
non-controlling interest | 4,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||
intangible assets | 12,000,000 | 13,000,000 | 13,000,000 | 14,000,000 | 15,000,000 | 15,000,000 | 31,000,000 | 32,000,000 | 34,000,000 | 36,000,000 | 37,000,000 | 39,000,000 | 41,000,000 | 43,000,000 | 46,000,000 | 52,000,000 | 84,000,000 | 116,000,000 | 147,000,000 | 187,000,000 | 247,000,000 | 306,000,000 | 366,000,000 | 426,000,000 | 487,000,000 | 566,000,000 | 627,000,000 | 651,000,000 | 711,000,000 | 771,000,000 | 831,000,000 | 891,000,000 | 959,000,000 | 1,023,000,000 | 1,083,000,000 | 1,144,000,000 | 1,225,000,000 | ||
noncontrolling interest | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||
unearned income | 80,000,000 | 83,000,000 | 103,000,000 | 115,000,000 | 95,000,000 | 94,000,000 | 91,000,000 | 99,000,000 | 80,000,000 | 79,000,000 | 81,000,000 | 75,000,000 | 73,000,000 | 75,000,000 | 82,000,000 | 111,000,000 | 124,000,000 | 128,000,000 | 133,000,000 | 112,000,000 | 106,000,000 | 109,000,000 | 108,000,000 | 95,000,000 | 92,000,000 | 103,000,000 | 112,000,000 | 119,000,000 | 129,000,000 | 142,000,000 | 151,000,000 | 184,000,000 | 196,000,000 | 212,000,000 | 206,000,000 | 208,000,000 | |||
assets held for sale | 43,000,000 | 192,000,000 | 180,000,000 | 184,000,000 | 15,000,000 | 35,000,000 | 316,000,000 | 659,000,000 | 757,000,000 | ||||||||||||||||||||||||||||||
liabilities held for sale | 22,000,000 | 56,000,000 | 58,000,000 | 29,000,000 | 40,000,000 | 21,000,000 | 119,000,000 | 173,000,000 | 169,000,000 | ||||||||||||||||||||||||||||||
short-term debt and current portion of long-term debt | 43,000,000 | 81,000,000 | 82,000,000 | 71,000,000 | 59,000,000 | 46,000,000 | 28,000,000 | 22,000,000 | |||||||||||||||||||||||||||||||
net receivable from former parent company | 11,000,000 | 31,000,000 | 39,000,000 | 41,000,000 | |||||||||||||||||||||||||||||||||||
long-term receivable from former parent company | 11,000,000 | ||||||||||||||||||||||||||||||||||||||
net payable to former parent company | 124,000,000 | ||||||||||||||||||||||||||||||||||||||
pension and other benefit liabilities | 4,000,000 | 151,000,000 | 171,000,000 | 172,000,000 | 172,000,000 | 151,000,000 | |||||||||||||||||||||||||||||||||
additional paid-in-capital | 3,834,000,000 | 3,828,000,000 | 3,816,000,000 | ||||||||||||||||||||||||||||||||||||
retained deficit | -34,000,000 | -15,000,000 | -8,000,000 | ||||||||||||||||||||||||||||||||||||
related party notes receivable | 205,000,000 | ||||||||||||||||||||||||||||||||||||||
related party notes payable | 1,106,000,000 | ||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||
former parent company investment | |||||||||||||||||||||||||||||||||||||||
liabilities and net parent equity | |||||||||||||||||||||||||||||||||||||||
net parent equity | |||||||||||||||||||||||||||||||||||||||
net parent investment | 5,693,000,000 | ||||||||||||||||||||||||||||||||||||||
total net parent equity | 5,490,000,000 | ||||||||||||||||||||||||||||||||||||||
total liabilities and net parent equity | 8,923,000,000 | ||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||
net income | 1,000,000 | ||||||||||||||||||||||||||||||||||||||
adjustments required to reconcile net income to cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 135,000,000 | ||||||||||||||||||||||||||||||||||||||
benefit from receivables | |||||||||||||||||||||||||||||||||||||||
net income on sales of businesses and assets | |||||||||||||||||||||||||||||||||||||||
stock-based compensation | 8,000,000 | ||||||||||||||||||||||||||||||||||||||
restructuring and asset impairment charges | |||||||||||||||||||||||||||||||||||||||
payments for restructurings | -17,000,000 | ||||||||||||||||||||||||||||||||||||||
contributions to defined benefit pension plans | -1,000,000 | ||||||||||||||||||||||||||||||||||||||
increase in accounts receivable | -27,000,000 | ||||||||||||||||||||||||||||||||||||||
increase in other current and long-term assets | -1,000,000 | ||||||||||||||||||||||||||||||||||||||
increase in accounts payable and accrued compensation | -15,000,000 | ||||||||||||||||||||||||||||||||||||||
increase in other current and long-term liabilities | -74,000,000 | ||||||||||||||||||||||||||||||||||||||
net change in income tax assets and liabilities | 132,000,000 | ||||||||||||||||||||||||||||||||||||||
other operating | -1,000,000 | ||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 140,000,000 | ||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||
cost of additions to land, buildings and equipment | -31,000,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from sales of land, buildings and equipment | |||||||||||||||||||||||||||||||||||||||
cost of additions to internal use software | -11,000,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from sale of businesses | |||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | -1,000,000 | ||||||||||||||||||||||||||||||||||||||
net proceeds (payments) on related party notes receivable | 43,000,000 | ||||||||||||||||||||||||||||||||||||||
other investing | -1,000,000 | ||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -1,000,000 | ||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||
net proceeds on debt | 2,000,000 | ||||||||||||||||||||||||||||||||||||||
net payments on debt | -6,000,000 | ||||||||||||||||||||||||||||||||||||||
net proceeds (payments) on related party notes payable | 1,000,000 | ||||||||||||||||||||||||||||||||||||||
net transfers (to) from parent | -146,000,000 | ||||||||||||||||||||||||||||||||||||||
excess tax benefits from stock-based compensation | |||||||||||||||||||||||||||||||||||||||
other financing | |||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -149,000,000 | ||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | -2,000,000 | ||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | -12,000,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 160,000,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 148,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||
net income | -33,000,000 | -33,000,000 | -46,000,000 | -40,000,000 | -51,000,000 | -12,000,000 | 123,000,000 | 216,000,000 | 99,000,000 | 6,000,000 | -289,000,000 | -7,000,000 | -6,000,000 | -333,000,000 | 15,000,000 | 0 | 136,000,000 | 11,000,000 | 12,000,000 | -11,000,000 | -11,000,000 | -7,000,000 | -51,000,000 | -49,000,000 | -581,000,000 | -16,000,000 | -1,029,000,000 | -308,000,000 | -179,000,000 | -248,000,000 | 61,000,000 | -50,000,000 | 198,000,000 | |||||
adjustments required to reconcile net income to cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 47,000,000 | 50,000,000 | 48,000,000 | 48,000,000 | 48,000,000 | 47,000,000 | 44,000,000 | 51,000,000 | 62,000,000 | 65,000,000 | 81,000,000 | 57,000,000 | 61,000,000 | 62,000,000 | 54,000,000 | 53,000,000 | 61,000,000 | 87,000,000 | 84,000,000 | 86,000,000 | 95,000,000 | 115,000,000 | 112,000,000 | 115,000,000 | 117,000,000 | 117,000,000 | 115,000,000 | 112,000,000 | 115,000,000 | 347,000,000 | -4,000,000 | 0 | 117,000,000 | 374,000,000 | -7,000,000 | 5,000,000 | 125,000,000 | 478,000,000 |
contract inducement amortization | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 0 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | ||||||||||||||||
deferred income taxes | -2,000,000 | -19,000,000 | 4,000,000 | 1,000,000 | -8,000,000 | -28,000,000 | 5,000,000 | 5,000,000 | 13,000,000 | -31,000,000 | -9,000,000 | -6,000,000 | -8,000,000 | -34,000,000 | 11,000,000 | 1,000,000 | 31,000,000 | -14,000,000 | -1,000,000 | -5,000,000 | -1,000,000 | 17,000,000 | -9,000,000 | -20,000,000 | -9,000,000 | -72,000,000 | -8,000,000 | -95,000,000 | -45,000,000 | -32,000,000 | -4,000,000 | -31,000,000 | -8,000,000 | |||||
stock-based compensation | 6,000,000 | 5,000,000 | 5,000,000 | 3,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 3,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 2,000,000 | 6,000,000 | 6,000,000 | 7,000,000 | 2,000,000 | 7,000,000 | 5,000,000 | 6,000,000 | 3,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 5,000,000 | 5,000,000 | 7,000,000 | 7,000,000 | 27,000,000 | -1,000,000 | 5,000,000 | 7,000,000 | 32,000,000 | -4,000,000 | 6,000,000 | 6,000,000 | 15,000,000 | |
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||
accounts receivable | -1,000,000 | -12,000,000 | -30,000,000 | 28,000,000 | 16,000,000 | 28,000,000 | -1,000,000 | 59,000,000 | -52,000,000 | 7,000,000 | -31,000,000 | 8,000,000 | 42,000,000 | 30,000,000 | 26,000,000 | -29,000,000 | 27,000,000 | -11,000,000 | -38,000,000 | 2,000,000 | 2,000,000 | |||||||||||||||||
other current and long-term assets | -26,000,000 | 68,000,000 | -32,000,000 | -24,000,000 | -45,000,000 | 26,000,000 | -33,000,000 | -30,000,000 | -23,000,000 | 4,000,000 | -55,000,000 | -27,000,000 | -33,000,000 | -7,000,000 | -31,000,000 | -16,000,000 | -69,000,000 | 15,000,000 | -11,000,000 | 10,000,000 | -58,000,000 | |||||||||||||||||
accounts payable and accrued compensation and benefits costs | -1,000,000 | 5,000,000 | 20,000,000 | -31,000,000 | -6,000,000 | 3,000,000 | 11,000,000 | -18,000,000 | -10,000,000 | 3,000,000 | 13,000,000 | -3,000,000 | -65,000,000 | -16,000,000 | 43,000,000 | -4,000,000 | -33,000,000 | 18,000,000 | 26,000,000 | 18,000,000 | -39,000,000 | |||||||||||||||||
other current and long-term liabilities | 2,000,000 | -43,000,000 | -8,000,000 | 4,000,000 | -13,000,000 | 1,000,000 | 17,000,000 | -23,000,000 | -6,000,000 | 34,000,000 | 5,000,000 | -32,000,000 | -9,000,000 | -11,000,000 | -16,000,000 | 0 | -17,000,000 | -11,000,000 | -28,000,000 | -28,000,000 | -1,000,000 | |||||||||||||||||
net change in income tax assets and liabilities | 5,000,000 | 16,000,000 | -2,000,000 | -10,000,000 | -2,000,000 | -63,000,000 | 6,000,000 | 59,000,000 | 37,000,000 | 27,000,000 | -20,000,000 | -8,000,000 | 2,000,000 | -7,000,000 | -12,000,000 | -28,000,000 | 36,000,000 | -10,000,000 | -1,000,000 | 3,000,000 | 4,000,000 | -15,000,000 | -10,000,000 | 1,000,000 | 16,000,000 | 12,000,000 | 0 | -14,000,000 | 5,000,000 | -5,000,000 | -65,000,000 | 58,000,000 | -5,000,000 | 6,000,000 | -2,000,000 | 16,000,000 | -9,000,000 | -93,000,000 |
net cash from operating activities | -8,000,000 | 39,000,000 | -39,000,000 | -15,000,000 | -58,000,000 | 41,000,000 | -13,000,000 | -41,000,000 | -37,000,000 | 122,000,000 | -11,000,000 | -10,000,000 | -12,000,000 | 51,000,000 | 98,000,000 | -16,000,000 | 11,000,000 | 85,000,000 | 55,000,000 | 105,000,000 | -2,000,000 | 172,000,000 | 107,000,000 | 74,000,000 | -192,000,000 | 348,000,000 | 18,000,000 | -185,000,000 | -49,000,000 | 313,000,000 | -128,000,000 | 136,000,000 | -38,000,000 | 198,000,000 | 37,000,000 | 173,000,000 | -106,000,000 | -32,000,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | -8,000,000 | 39,000,000 | -39,000,000 | -15,000,000 | -58,000,000 | 41,000,000 | -13,000,000 | -41,000,000 | -37,000,000 | 122,000,000 | -11,000,000 | -10,000,000 | -12,000,000 | 51,000,000 | 98,000,000 | -16,000,000 | 11,000,000 | 85,000,000 | 55,000,000 | 105,000,000 | -2,000,000 | 172,000,000 | 107,000,000 | 74,000,000 | -192,000,000 | 348,000,000 | 18,000,000 | -185,000,000 | -49,000,000 | 313,000,000 | -128,000,000 | 136,000,000 | -38,000,000 | 198,000,000 | 37,000,000 | 173,000,000 | -106,000,000 | -32,000,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||
cost of additions to land, buildings and equipment | -9,000,000 | -15,000,000 | -15,000,000 | -15,000,000 | -14,000,000 | 11,000,000 | -8,000,000 | -18,000,000 | -13,000,000 | -18,000,000 | -13,000,000 | -9,000,000 | -11,000,000 | -30,000,000 | -11,000,000 | -17,000,000 | -34,000,000 | -28,000,000 | -13,000,000 | -25,000,000 | -14,000,000 | -28,000,000 | -18,000,000 | -19,000,000 | -11,000,000 | -39,000,000 | -33,000,000 | -23,000,000 | -53,000,000 | -136,000,000 | 0 | -10,000,000 | -33,000,000 | -76,000,000 | 0 | -3,000,000 | -17,000,000 | -118,000,000 |
cost of additions to internal use software | -5,000,000 | -7,000,000 | -6,000,000 | -5,000,000 | -4,000,000 | -5,000,000 | -8,000,000 | -7,000,000 | -8,000,000 | -11,000,000 | -9,000,000 | -11,000,000 | -11,000,000 | -13,000,000 | -16,000,000 | -16,000,000 | -16,000,000 | -18,000,000 | -17,000,000 | -16,000,000 | -16,000,000 | -16,000,000 | -17,000,000 | -17,000,000 | -13,000,000 | -18,000,000 | -12,000,000 | -20,000,000 | -17,000,000 | -28,000,000 | -9,000,000 | -2,000,000 | -6,000,000 | -25,000,000 | -4,000,000 | 1,000,000 | -8,000,000 | -28,000,000 |
proceeds from divestitures | 0 | 0 | 52,000,000 | 1,000,000 | 28,000,000 | 224,000,000 | 435,000,000 | 164,000,000 | 0 | 1,000,000 | 2,000,000 | 323,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||
net cash from investing activities | -14,000,000 | -22,000,000 | -21,000,000 | 32,000,000 | -17,000,000 | 34,000,000 | 208,000,000 | 410,000,000 | 143,000,000 | -29,000,000 | -22,000,000 | -20,000,000 | -22,000,000 | -43,000,000 | -26,000,000 | -31,000,000 | 273,000,000 | -45,000,000 | -28,000,000 | -40,000,000 | -29,000,000 | -42,000,000 | -34,000,000 | -35,000,000 | -23,000,000 | -57,000,000 | -44,000,000 | -41,000,000 | -168,000,000 | 248,000,000 | -149,000,000 | 400,000,000 | -39,000,000 | -67,000,000 | 135,000,000 | 31,000,000 | -25,000,000 | 17,000,000 |
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||
proceeds from revolving credit facility | 60,000,000 | 0 | 134,000,000 | 75,000,000 | 50,000,000 | 0 | 50,000,000 | 0 | 150,000,000 | |||||||||||||||||||||||||||||
payments of revolving credit facility | -25,000,000 | -25,000,000 | ||||||||||||||||||||||||||||||||||||
payments of debt | -5,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||||||||
dividends paid on preferred stock | -3,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -5,000,000 | 0 | -3,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -8,000,000 | 1,000,000 | -1,000,000 | -2,000,000 | -8,000,000 | 1,000,000 | -1,000,000 | -2,000,000 | ||
net cash from financing activities | 30,000,000 | -20,000,000 | -10,000,000 | -96,000,000 | -100,000,000 | -482,000,000 | -199,000,000 | -33,000,000 | -16,000,000 | -13,000,000 | -19,000,000 | 1,000,000 | -11,000,000 | -11,000,000 | -110,000,000 | -20,000,000 | -25,000,000 | -62,000,000 | -25,000,000 | -173,000,000 | -15,000,000 | -16,000,000 | 130,000,000 | -25,000,000 | -21,000,000 | -17,000,000 | -22,000,000 | -50,000,000 | -574,000,000 | 14,000,000 | -27,000,000 | -23,000,000 | -67,000,000 | -13,000,000 | -6,000,000 | 281,000,000 | ||
effect of exchange rate changes on cash, cash equivalents and restricted cash | 1,000,000 | 0 | 4,000,000 | 1,000,000 | -6,000,000 | 2,000,000 | -4,000,000 | -2,000,000 | 4,000,000 | -1,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | -4,000,000 | -5,000,000 | -1,000,000 | 0 | -5,000,000 | 1,000,000 | -3,000,000 | 1,000,000 | 1,000,000 | -7,000,000 | 0 | 2,000,000 | -5,000,000 | 3,000,000 | |||||||||||
increase in cash, cash equivalents and restricted cash | 8,000,000 | -21,000,000 | -30,000,000 | 1,000,000 | -84,000,000 | -27,000,000 | 97,000,000 | -117,000,000 | -95,000,000 | 64,000,000 | -50,000,000 | -42,000,000 | -51,000,000 | 11,000,000 | 57,000,000 | -63,000,000 | 173,000,000 | 20,000,000 | -3,000,000 | 4,000,000 | -59,000,000 | -38,000,000 | 59,000,000 | 24,000,000 | -92,000,000 | 269,000,000 | -49,000,000 | -243,000,000 | -237,000,000 | 506,000,000 | -848,000,000 | 544,000,000 | -104,000,000 | |||||
cash, cash equivalents and restricted cash at beginning of period | 243,000,000 | 0 | 0 | 0 | 377,000,000 | 0 | 0 | 0 | 519,000,000 | 0 | 0 | 0 | 598,000,000 | 0 | 0 | 0 | 420,000,000 | 0 | 0 | 0 | 458,000,000 | 0 | 0 | 0 | 505,000,000 | 0 | 0 | 0 | 765,000,000 | -336,000,000 | 440,000,000 | -104,000,000 | 667,000,000 | |||||
cash, cash equivalents and restricted cash at end of period | 251,000,000 | -21,000,000 | -30,000,000 | 1,000,000 | 293,000,000 | -27,000,000 | 97,000,000 | -117,000,000 | 424,000,000 | 64,000,000 | -50,000,000 | -42,000,000 | 547,000,000 | 11,000,000 | 57,000,000 | -63,000,000 | 593,000,000 | 20,000,000 | -3,000,000 | 4,000,000 | 399,000,000 | -38,000,000 | 59,000,000 | 24,000,000 | 413,000,000 | 269,000,000 | -49,000,000 | -243,000,000 | 528,000,000 | 170,000,000 | -408,000,000 | 440,000,000 | 563,000,000 | |||||
adjustments required to reconcile net loss to cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||
goodwill impairment | 0 | 601,000,000 | 0 | 1,067,000,000 | 284,000,000 | |||||||||||||||||||||||||||||||||
amortization of debt financing costs | 0 | 0 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | 10,000,000 | -5,000,000 | 4,000,000 | 2,000,000 | 6,000,000 | 1,000,000 | 0 | 2,000,000 | ||||
loss on extinguishment of debt | 0 | 2,000,000 | 1,000,000 | 3,000,000 | 2,000,000 | 13,000,000 | 0 | 0 | ||||||||||||||||||||||||||||||
loss on divestitures and sales of fixed assets | 0 | 0 | 3,000,000 | -194,000,000 | -369,000,000 | -164,000,000 | 1,000,000 | 0 | -2,000,000 | -164,000,000 | 0 | 0 | 0 | 1,000,000 | ||||||||||||||||||||||||
proceeds from the issuance of debt | 1,000,000 | 0 | ||||||||||||||||||||||||||||||||||||
payments of debt issuance costs | -1,000,000 | |||||||||||||||||||||||||||||||||||||
treasury stock purchases | -5,000,000 | -13,000,000 | 0 | -14,000,000 | -151,000,000 | -17,000,000 | -20,000,000 | -6,000,000 | ||||||||||||||||||||||||||||||
excise tax payment on treasury stock purchases | 0 | 0 | ||||||||||||||||||||||||||||||||||||
taxes paid for settlement of stock-based compensation | -4,000,000 | 0 | 0 | -5,000,000 | 0 | -1,000,000 | 1,000,000 | -7,000,000 | 0 | -9,000,000 | 0 | |||||||||||||||||||||||||||
(repurchase of) contribution from noncontrolling interest | ||||||||||||||||||||||||||||||||||||||
repurchase of noncontrolling interest | 0 | |||||||||||||||||||||||||||||||||||||
payments on revolving credit facility | -75,000,000 | -50,000,000 | 0 | -50,000,000 | 0 | 0 | 0 | -100,000,000 | ||||||||||||||||||||||||||||||
payments on debt | -7,000,000 | -8,000,000 | -89,000,000 | -84,000,000 | -328,000,000 | -175,000,000 | -11,000,000 | -10,000,000 | -10,000,000 | -10,000,000 | -9,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -1,398,000,000 | -23,000,000 | -56,000,000 | -23,000,000 | -14,000,000 | -13,000,000 | -13,000,000 | -15,000,000 | -12,000,000 | -14,000,000 | -14,000,000 | -14,000,000 | -35,000,000 | -476,000,000 | 13,000,000 | -21,000,000 | -162,000,000 | -70,000,000 | 135,000,000 | -144,000,000 | ||||
contribution from noncontrolling interest | 1,000,000 | |||||||||||||||||||||||||||||||||||||
write-off of implementation costs | ||||||||||||||||||||||||||||||||||||||
loss from investments | 0 | 0 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -2,000,000 | 0 | -1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||
allowance for credit losses | ||||||||||||||||||||||||||||||||||||||
debt issuance costs | ||||||||||||||||||||||||||||||||||||||
premium on debt redemption | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||
payment of contingent consideration related to acquisition | 0 | |||||||||||||||||||||||||||||||||||||
net loss | 2,000,000 | -6,000,000 | ||||||||||||||||||||||||||||||||||||
proceeds from sale of land, buildings and equipment | 0 | 0 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||
payments for acquisitions, net of cash acquired | 0 | 0 | 0 | -90,000,000 | ||||||||||||||||||||||||||||||||||
allowance for doubtful accounts | 1,000,000 | |||||||||||||||||||||||||||||||||||||
restructuring liabilities | -3,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||
proceeds from revolving credit facility and other loans | 3,000,000 | |||||||||||||||||||||||||||||||||||||
accounts payable and accrued compensation | ||||||||||||||||||||||||||||||||||||||
other operating | -1,000,000 | -2,000,000 | -1,000,000 | -5,000,000 | -4,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||
proceeds from divestitures, net of cash | ||||||||||||||||||||||||||||||||||||||
other investing | 0 | |||||||||||||||||||||||||||||||||||||
debt issuance fee payments | ||||||||||||||||||||||||||||||||||||||
loss on divestitures and transaction costs | 8,000,000 | 2,000,000 | 4,000,000 | 6,000,000 | 3,000,000 | 2,000,000 | 14,000,000 | -12,000,000 | 114,000,000 | |||||||||||||||||||||||||||||
decrease in accounts receivable | 8,000,000 | -2,000,000 | -42,000,000 | 191,000,000 | -20,000,000 | -4,000,000 | -60,000,000 | 187,000,000 | -143,000,000 | 164,000,000 | -75,000,000 | 0 | ||||||||||||||||||||||||||
decrease in other current and long-term assets | -10,000,000 | 1,000,000 | -42,000,000 | 20,000,000 | 45,000,000 | 33,000,000 | -112,000,000 | -90,000,000 | 25,000,000 | 3,000,000 | -49,000,000 | -42,000,000 | ||||||||||||||||||||||||||
increase in accounts payable and accrued compensation | 10,000,000 | 31,000,000 | -55,000,000 | 96,000,000 | -46,000,000 | -140,000,000 | 58,000,000 | -45,000,000 | -26,000,000 | 55,000,000 | -40,000,000 | -45,000,000 | ||||||||||||||||||||||||||
increase in restructuring liabilities | -3,000,000 | 13,000,000 | -7,000,000 | 6,000,000 | -4,000,000 | 4,000,000 | 4,000,000 | -4,000,000 | 15,000,000 | -10,000,000 | 7,000,000 | 33,000,000 | ||||||||||||||||||||||||||
increase in other current and long-term liabilities | 0 | -21,000,000 | -131,000,000 | -58,000,000 | -57,000,000 | -130,000,000 | -12,000,000 | 112,000,000 | 103,000,000 | -97,000,000 | 43,000,000 | -136,000,000 | ||||||||||||||||||||||||||
proceeds from divestitures, including cash sold | 1,000,000 | 1,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||
taxes paid for settlement of stock based compensation | 0 | 0 | -3,000,000 | -10,000,000 | -5,000,000 | 0 | -6,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||
proceeds from investments | 0 | |||||||||||||||||||||||||||||||||||||
proceeds from divestitures and sale of assets, net of cash | ||||||||||||||||||||||||||||||||||||||
payments from divestitures, including cash sold | 0 | 1,000,000 | 1,000,000 | -9,000,000 | ||||||||||||||||||||||||||||||||||
proceeds on long-term debt | ||||||||||||||||||||||||||||||||||||||
net payments to former parent company | ||||||||||||||||||||||||||||||||||||||
other financing | -3,000,000 | -6,000,000 | ||||||||||||||||||||||||||||||||||||
net proceeds on notes receivable | ||||||||||||||||||||||||||||||||||||||
proceeds from divestitures and sale of assets | ||||||||||||||||||||||||||||||||||||||
net (payments to) transfer from former parent company | ||||||||||||||||||||||||||||||||||||||
proceeds from sale of businesses | 0 | |||||||||||||||||||||||||||||||||||||
issuance of common stock related to employee stock plans | 5,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||||||||
net loss on divestitures and transaction costs | 15,000,000 | |||||||||||||||||||||||||||||||||||||
deferred tax benefit | ||||||||||||||||||||||||||||||||||||||
net loss on sales of businesses and assets | ||||||||||||||||||||||||||||||||||||||
proceeds from sales of land, buildings and equipment | ||||||||||||||||||||||||||||||||||||||
net proceeds on former parent company notes receivable | ||||||||||||||||||||||||||||||||||||||
proceeds on long term debt | ||||||||||||||||||||||||||||||||||||||
restricted cash - former parent company | ||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 2,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 109,000,000 | 105,000,000 | 189,000,000 | -135,000,000 | 262,000,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | ||||||||||||||||||||||||||||||||||||||
deferred tax expense | 49,000,000 | -19,000,000 | -6,000,000 | |||||||||||||||||||||||||||||||||||
gain on investments | 1,000,000 | -1,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||
net loss on sale of asset and businesses | ||||||||||||||||||||||||||||||||||||||
increase in accounts receivable | -110,000,000 | |||||||||||||||||||||||||||||||||||||
decrease in accounts payable and accrued compensation | 35,000,000 | 13,000,000 | -49,000,000 | |||||||||||||||||||||||||||||||||||
decrease in other current and long-term liabilities | 11,000,000 | -20,000,000 | -17,000,000 | |||||||||||||||||||||||||||||||||||
net payments on related party notes receivable | ||||||||||||||||||||||||||||||||||||||
net (payments to) transfer from former parent | ||||||||||||||||||||||||||||||||||||||
employee stock plans (tax) / proceeds | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 54,000,000 | -135,000,000 | 390,000,000 | |||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 159,000,000 | 54,000,000 | 255,000,000 | |||||||||||||||||||||||||||||||||||
restructuring and related costs | ||||||||||||||||||||||||||||||||||||||
payments for restructuring | -4,000,000 | -9,000,000 | ||||||||||||||||||||||||||||||||||||
contributions to defined benefit pension plans | 0 | -2,000,000 | -5,000,000 | |||||||||||||||||||||||||||||||||||
provision for receivables | ||||||||||||||||||||||||||||||||||||||
increase in other current and long-term assets | 20,000,000 | -33,000,000 | ||||||||||||||||||||||||||||||||||||
proceeds from sale of businesses, net of adjustments | ||||||||||||||||||||||||||||||||||||||
proceeds on long term debt, net of issuance costs | -313,000,000 | 305,000,000 | ||||||||||||||||||||||||||||||||||||
net payments on related party notes payable | ||||||||||||||||||||||||||||||||||||||
net transfers from (payments to) former parent | ||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | -1,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||||||
net gain on sales of businesses and assets | -7,000,000 | |||||||||||||||||||||||||||||||||||||
restructuring and related charges | 12,000,000 | |||||||||||||||||||||||||||||||||||||
net proceeds on related party notes payable | ||||||||||||||||||||||||||||||||||||||
net (payments) to, transfers from former parent | -161,000,000 | |||||||||||||||||||||||||||||||||||||
restructuring and asset impairment charges | ||||||||||||||||||||||||||||||||||||||
payments for restructurings | -29,000,000 | |||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | 0 | |||||||||||||||||||||||||||||||||||||
net proceeds on related party notes receivable | 205,000,000 | |||||||||||||||||||||||||||||||||||||
transfers to former parent | ||||||||||||||||||||||||||||||||||||||
restricted cash - related party | ||||||||||||||||||||||||||||||||||||||
excess tax benefits from stock-based compensation | ||||||||||||||||||||||||||||||||||||||
net proceeds on debt | ||||||||||||||||||||||||||||||||||||||
net payments on debt | ||||||||||||||||||||||||||||||||||||||
net transfers (to) from parent |
