XML 14 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,128 $ 515
Accounts receivable, net of allowances of $3 and $4 at September 30, 2021 and December 31, 2020, respectively 723 639
Inventories 71 64
Contract assets 224 142
Prepaid expenses and other current assets 93 77
Total current assets 2,239 1,437
Property and equipment, net 337 355
Operating lease right of use assets 102 107
Goodwill 1,099 1,082
Intangible assets, net 897 965
Deferred tax assets 86 89
Other assets 23 30
Total assets 4,783 4,065
Current liabilities:    
Short-term and current portion of long-term debt 1 18
Accounts payable 205 150
Contingent consideration and compensation liabilities 22 41
Accrued salaries and wages 147 182
Deferred consideration 67
Other accrued liabilities 151 133
Contract liabilities 238 219
Operating and finance leases 28 31
Total current liabilities 792 841
Long-term debt, less current portion 1,469 1,397
Contingent consideration and compensation liabilities 11 22
Operating and finance leases 79 96
Deferred tax liabilities 45 45
Other noncurrent liabilities 90 106
Total liabilities 2,486 2,507
Shareholders’ equity:    
Series A Preferred Shares, $0.0001 par value, 7 authorized shares, 4 shares issued and outstanding at September 30, 2021 and December 31, 2020
Common shares, $0.0001 par value, 500 authorized shares, 201 shares and 168 shares issued at September 30, 2021 and December 31, 2020, respectively (includes 12 shares declared for stock dividend at December 31, 2020)
Additional paid-in capital 2,559 1,856
Accumulated deficit (252) (284)
Accumulated other comprehensive loss (10) (14)
Total shareholders’ equity 2,297 1,558
Total liabilities and shareholders’ equity $ 4,783 $ 4,065