7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 2021-12-31 
      
    		               
      cash flows from operating activities:
    		               
      net income
    		68,000,000 56,000,000 69,000,000 215,000,000 -43,000,000 11,000,000 -45,000,000 -12,000,000 -142,000,000 -141,000,000 -737,000,000 -106,000,000 -281,000,000 -250,000,000 -740,000,000 
      adjustments to reconcile net income to cash from operating activities:
    		               
      depreciation and amortization:
    		               
      depreciation of property, equipment and capitalized software
    		193,000,000 191,000,000 189,000,000 195,000,000 149,000,000 127,000,000 195,000,000 208,000,000 221,000,000 210,000,000      
      depreciation of right-of-use assets
    		74,000,000 73,000,000 107,000,000 66,000,000 84,000,000 70,000,000 68,000,000 78,000,000 82,000,000 91,000,000 143,000,000 94,000,000 106,000,000 85,000,000 90,000,000 
      amortization of transition costs and prepaid software
    		305,000,000 308,000,000 304,000,000 327,000,000 337,000,000 310,000,000 310,000,000 315,000,000 306,000,000 325,000,000 290,000,000 325,000,000 291,000,000 293,000,000  
      amortization of capitalized contract costs
    		125,000,000 106,000,000 106,000,000 109,000,000 98,000,000 107,000,000 113,000,000 137,000,000 143,000,000 138,000,000 135,000,000 115,000,000 111,000,000 111,000,000  
      amortization of acquisition-related intangible assets
    		7,000,000 7,000,000 7,000,000 6,000,000 10,000,000 7,000,000 7,000,000 8,000,000 7,000,000 8,000,000      
      stock-based compensation
    		26,000,000 24,000,000 22,000,000 29,000,000 25,000,000 24,000,000 23,000,000 24,000,000 26,000,000 22,000,000 32,000,000 27,000,000 28,000,000 26,000,000 18,000,000 
      deferred taxes
    		-7,000,000 -10,000,000 -23,000,000 5,000,000 0 17,000,000 -68,000,000 4,000,000 25,000,000 26,000,000 280,000,000 -36,000,000 -5,000,000 46,000,000 -74,000,000 
      net (gain) loss on asset sales and other
    		  -44,000,000 -94,000,000 -41,000,000 27,000,000 49,000,000 -28,000,000 -7,000,000 29,000,000 23,000,000 -38,000,000 19,000,000 2,000,000 42,000,000 
      change in operating assets and liabilities:
    		               
      right-of-use assets and liabilities
    		-85,000,000 -88,000,000 -102,000,000 -67,000,000 -80,000,000 -65,000,000 -66,000,000 -74,000,000 -92,000,000 -103,000,000 -86,000,000 -82,000,000 -109,000,000 -84,000,000 -65,000,000 
      workforce rebalancing liabilities
    		-4,000,000 3,000,000 -3,000,000 -9,000,000 -20,000,000 7,000,000 -10,000,000 -10,000,000 5,000,000 -23,000,000 42,000,000 0 -7,000,000 6,000,000 -22,000,000 
      receivables
    		-40,000,000 46,000,000 112,000,000 -16,000,000 30,000,000 163,000,000 24,000,000 97,000,000 -163,000,000 53,000,000 17,000,000 176,000,000 249,000,000 222,000,000  
      accounts payable
    		-59,000,000 -269,000,000 176,000,000 -28,000,000 -115,000,000 -122,000,000 34,000,000 155,000,000 -351,000,000 -143,000,000 47,000,000 54,000,000 195,000,000 -14,000,000 215,000,000 
      taxes
    		-4,000,000 27,000,000 38,000,000 -8,000,000 -22,000,000 -9,000,000 31,000,000 22,000,000 -30,000,000 -25,000,000 126,000,000 -69,000,000 21,000,000 12,000,000 209,000,000 
      deferred costs
    		-316,000,000 -1,381,000,000 -489,000,000 -421,000,000 -489,000,000 -363,000,000 -546,000,000 -324,000,000 -281,000,000 -418,000,000 -529,000,000 -325,000,000 -369,000,000 -369,000,000 -255,000,000 
      other assets and other liabilities
    		-136,000,000 781,000,000 112,000,000 -50,000,000 225,000,000 -358,000,000 27,000,000 -165,000,000 297,000,000 -222,000,000 3,000,000 -102,000,000 -92,000,000 -224,000,000 721,000,000 
      net cash from operating activities
    		146,000,000 -124,000,000 581,000,000 260,000,000 149,000,000 -48,000,000 145,000,000 436,000,000 46,000,000 -173,000,000 12,000,000 278,000,000 387,000,000 104,000,000 606,000,000 
      ​
    		               
      cash flows from investing activities:
    		               
      capital expenditures
    		-129,000,000 -143,000,000 -240,000,000 -109,000,000 -134,000,000 -122,000,000 -202,000,000 -174,000,000 -175,000,000 -100,000,000 -154,000,000 -245,000,000    
      free cash flows
    		17,000,000 -267,000,000 341,000,000 151,000,000 15,000,000 -170,000,000 -57,000,000 262,000,000 -129,000,000 -273,000,000 -142,000,000 33,000,000    
      proceeds from disposition of property and equipment
    		6,000,000 45,000,000 13,000,000 16,000,000 30,000,000 24,000,000 4,000,000 15,000,000 113,000,000 6,000,000 3,000,000 10,000,000 3,000,000 7,000,000 6,000,000 
      acquisitions and divestitures, net of cash acquired
    		0 1,000,000 2,000,000 183,000,000 0 -46,000,000          
      other investing activities
    		4,000,000 22,000,000 22,000,000 -49,000,000 29,000,000 -22,000,000 -5,000,000 18,000,000 -34,000,000 -19,000,000 15,000,000 52,000,000 -47,000,000 -13,000,000 -1,000,000 
      net cash from investing activities
    		-122,000,000 -74,000,000 -205,000,000 42,000,000 -75,000,000 -166,000,000 -203,000,000 -142,000,000 -95,000,000 -113,000,000 -136,000,000 -183,000,000 -298,000,000 -218,000,000 -147,000,000 
      cash flows from financing activities:
    		               
      debt repayments
    		-34,000,000 -36,000,000 -40,000,000 -35,000,000 -35,000,000 -38,000,000 -541,000,000 -36,000,000 -37,000,000 -30,000,000 -35,000,000 -27,000,000 -28,000,000 -28,000,000  
      common stock repurchases
    		-89,000,000 -62,000,000 -63,000,000             
      common stock repurchases for tax withholdings
    		-22,000,000 -67,000,000 -13,000,000 -8,000,000 -17,000,000 -7,000,000 -3,000,000 -7,000,000 -5,000,000 -7,000,000 -2,000,000 -4,000,000 0 -13,000,000  
      other financing activities
    		4,000,000 -5,000,000  3,000,000 1,000,000 -6,000,000 3,000,000 0 0 -1,000,000      
      net cash from financing activities
    		-140,000,000 -170,000,000 -114,000,000 -71,000,000 -50,000,000 -51,000,000 -47,000,000 -43,000,000 -42,000,000 -38,000,000 -41,000,000 -31,000,000 -28,000,000 -41,000,000 1,039,000,000 
      effect of exchange rate changes on cash, cash equivalents and restricted cash
    		-16,000,000 46,000,000 23,000,000 -56,000,000 34,000,000 -17,000,000 -32,000,000 28,000,000 -18,000,000 -15,000,000 9,000,000 51,000,000 -49,000,000 -111,000,000 -10,000,000 
      net change in cash, cash equivalents and restricted cash
    		-130,000,000 -323,000,000 284,000,000 175,000,000 57,000,000 -281,000,000 -137,000,000 279,000,000 -109,000,000 -339,000,000 -156,000,000 115,000,000 13,000,000 -266,000,000 1,490,000,000 
      cash, cash equivalents and restricted cash at beginning of period
    		0 1,789,000,000 0 0 0 1,554,000,000 0 0 0 1,860,000,000      
      cash, cash equivalents and restricted cash at end of period
    		-130,000,000 1,466,000,000 284,000,000 175,000,000 57,000,000 1,273,000,000 -137,000,000 279,000,000 -109,000,000 1,521,000,000      
      supplemental data
    		               
      income taxes paid, net of refunds received
    		25,000,000 67,000,000 26,000,000 34,000,000 35,000,000 54,000,000 51,000,000 52,000,000 23,000,000 65,000,000 58,000,000 72,000,000 29,000,000 8,000,000  
      interest paid on debt
    		19,000,000 39,000,000 19,000,000 40,000,000 20,000,000 40,000,000 10,000,000 49,000,000 13,000,000 46,000,000 9,000,000 55,000,000 -4,000,000 38,000,000  
      proceeds from issuance of debt, net of debt issuance costs
    		               
      goodwill impairment
    		               
      net transfers (to) from parent
    		               
      depreciation and amortization
    		               
      amortization of intangible assets
    		          10,000,000 11,000,000 11,000,000 14,000,000  
      depreciation of property and equipment
    		           232,000,000 221,000,000 228,000,000 295,000,000 
      net transfers to parent
    		               
      cash, cash equivalents and restricted cash at april 1
    		           0 0 2,154,000,000  
      cash, cash equivalents and restricted cash at december 31
    		               
      net transfers from parent
    		               
      cash, cash equivalents and restricted cash at september 30
    		               
      payments for property and equipment and capitalized software
    		             -213,000,000  
      cash, cash equivalents and restricted cash at june 30
    		             1,888,000,000  
      payments for property and equipment
    		              -152,000,000 
      cash, cash equivalents and restricted cash at january 1
    		              0 
      amortization of deferred costs
    		               
      amortization of intangibles
    		               
      accounts receivable
    		               
      proceeds from new debt
    		               
      payments to settle debt
    		               
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.