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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 153 $ 73 $ 47
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 79 77 75
Amortization 224 227 127
Restructuring charges, net of cash paid 9 22 0
Deferred taxes (32) (47) 6
Share-based compensation expense 29 18 12
Profit-sharing expense 19 15 15
Non-cash lease expense 88 67 31
Net periodic pension benefit (8) (35) 0
Loss (gain) on extinguishment of debt, net 7 (5) 9
Other, net 0 3 7
Pension contributions (4) (34) 0
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable (69) (148) (99)
Contract assets 26 (69) (73)
Inventories 13 (30) (2)
Prepaid expenses and other current assets (14) (1) 4
Accounts payable (14) 71 78
Accrued liabilities and income taxes payable 42 47 15
Contract liabilities 51 71 19
Other assets and liabilities (85) (52) (89)
Net cash provided by operating activities 514 270 182
Cash flows from investing activities:      
Acquisitions, net of cash acquired (83) (2,839) (86)
Purchases of property and equipment (86) (79) (55)
Proceeds from sales of property, equipment, held for sale assets, and businesses 54 17 20
Net cash used in investing activities (115) (2,901) (121)
Cash flows from financing activities:      
Proceeds from long-term borrowings 0 1,104 650
Payments on long-term borrowings (484) (34) (321)
Repurchases of long-term borrowings 0 (30) 0
Payments of debt issuance costs 0 (29) (11)
Repurchases of common stock (41) (44) 0
Proceeds from equity issuances 0 797 676
Payments of acquisition-related consideration (4) (5) (74)
Restricted shares tendered for taxes (3) (3) (3)
Net cash (used in) provided by financing activities (532) 1,756 917
Effect of foreign currency exchange rate change on cash, cash equivalents, and restricted cash 6 (9) (2)
Net (decrease) increase in cash, cash equivalents, and restricted cash (127) (884) 976
Cash, cash equivalents, and restricted cash, beginning of period 607 1,491 515
Cash, cash equivalents, and restricted cash, end of period 480 607 1,491
Supplemental cash flow disclosures:      
Cash paid for interest, net of interest income 150 120 41
Cash paid for income taxes, net of refunds 95 43 66
Accrued consideration 11 1 18
Shares of common stock issued to profit sharing plan $ 14 $ 13 $ 13