XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net revenues $ 1,047 $ 958 $ 2,828 $ 2,705
Cost of revenues 795 736 2,163 2,147
Gross profit 252 222 665 558
Selling, general, and administrative expenses 211 171 579 506
Impairment of goodwill and intangible assets   (11)   197
Operating income (loss) 41 62 86 (145)
Interest expense, net 14 13 43 41
Loss on extinguishment of debt     9
Investment income and other, net (3) (6) (12) (20)
Other expense, net 11 7 40 21
Income (loss) before income taxes 30 55 46 (166)
Income tax provision (benefit) 11 28 14 (35)
Net income (loss) $ 19 $ 27 $ 32 $ (131)
Net income (loss) per common share:        
Basic $ 0.08 $ 0.14 $ 0.14 $ (0.77)
Diluted $ 0.08 $ 0.13 $ 0.14 $ (0.77)
Weighted average shares outstanding:        
Basic 204,851,780 169,387,541 199,472,387 169,501,289
Diluted 209,387,201 182,033,170 204,792,525 169,501,289