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Operating Segments Operating Segments (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following table sets forth the Company's results, including significant expenses not presented in the condensed consolidated statement of operations comprehensive income (loss), for the three and six months ended June 30, 2025 and 2024. Since the Company operates as one reportable segment that constitutes consolidated continuing results of operations, there are no reconciling items between segment and consolidated assets or capital expenditures from continuing operations.
| Three Months Ended June 30, |  | Six Months Ended June 30, |
| 2025 |  | 2024 |  | 2025 |  | 2024 |
Net revenues | $ | 1,060 |  |  | $ | 1,107 |  |  | $ | 2,121 |  |  | $ | 2,221 |  |
Less: |  |  |  |  |  |  |  |
Lease expense | 185 |  |  | 186 |  |  | 371 |  |  | 372 |  |
Employee compensation expense | 92 |  | (a) | 97 |  | (a) | 180 |  | (b) | 194 |  | (b)
Other costs of operations expense(c)(d) | 66 |  |  | 61 |  |  | 123 |  |  | 123 |  |
Other selling, general and administrative expenses(e) | 34 |  |  | 66 |  |  | 64 |  |  | 109 |  |
Asset write-down charges | 2 |  |  | 3 |  |  | 4 |  |  | 8 |  |
Depreciation, amortization and accretion | 175 |  |  | 180 |  |  | 352 |  |  | 371 |  |
Restructuring charges | — |  |  | 19 |  |  | — |  |  | 30 |  |
Total operating expenses | 554 |  |  | 612 |  |  | 1,094 |  |  | 1,207 |  |
Operating income | 506 |  |  | 495 |  |  | 1,027 |  |  | 1,014 |  |
Interest expense and amortization of deferred financing costs, net | (243) |  |  | (230) |  |  | (479) |  |  | (455) |  |
Interest income | 4 |  |  | 4 |  |  | 7 |  |  | 8 |  |
Other income (expense) | 2 |  |  | 1 |  |  | 3 |  |  | 3 |  |
Income (loss) from continuing operations before income taxes | 269 |  |  | 270 |  |  | 558 |  |  | 570 |  |
Benefit (provision) for income taxes | (4) |  |  | (5) |  |  | (9) |  |  | (11) |  |
Income (loss) from continuing operations | 265 |  |  | 265 |  |  | 549 |  |  | 559 |  |
Discontinued operations (note 3): |  |  |  |  |  |  |  |
Income (loss) from discontinued operations before gain (loss) from disposal, net of tax | 278 |  |  | (14) |  |  | 360 |  |  | 3 |  |
Gain (loss) from disposal of discontinued operations | (252) |  |  | — |  |  | (1,082) |  |  | — |  |
Income (loss) from discontinued operations, net of tax | 26 |  |  | (14) |  |  | (722) |  |  | 3 |  |
Net income (loss) | $ | 291 |  |  | $ | 251 |  |  | $ | (173) |  |  | $ | 562 |  |
(a)$28 million and $26 million are included in "Costs of operations" for the three months ended June 30, 2025 and 2024, respectively, and $65 million and $71 million are included in "Selling, general and administrative" for the three months ended June 30, 2025 and 2024, respectively, on the Company's condensed consolidated statement of operations and comprehensive income (loss). (b)$52 million is included in "Costs of operations" for each of the six months ended June 30, 2025 and 2024, and $128 million and $142 million are included in "Selling, general and administrative" for the six months ended June 30, 2025 and 2024, respectively, on the Company's condensed consolidated statement of operations and comprehensive income (loss). (c)Exclusive of depreciation, amortization and accretion, shown separately. (d)Other costs of operations primarily consists of (1) property taxes, (2) repair and maintenance expense, (3) third-party costs related to ancillary services performed and (4) various other insignificant expenses. (e)Other selling, general and administrative expenses primarily include (1) corporate facilities expense, (2) legal expenses and consulting fees, (3) subscriptions and software costs and (4) other general corporate costs.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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