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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 912 $ 499
Accounts receivable, net of allowances of $14 and $9 at December 31, 2025 and 2024, respectively 1,563 1,444
Inventories 145 143
Contract assets 484 453
Prepaid expenses and other current assets 125 119
Total current assets 3,229 2,658
Property and equipment, net 397 379
Operating lease right-of-use assets 301 268
Goodwill 3,167 2,894
Intangible assets, net 1,584 1,660
Deferred tax assets 40 57
Pension and post-retirement assets 129 120
Other assets 89 116
Total assets 8,936 8,152
Current liabilities:    
Short-term and current portion of long-term debt 5 4
Accounts payable 526 497
Contingent consideration and compensation liabilities 60 20
Accrued salaries and wages 444 381
Contract liabilities 694 590
Operating and finance leases 98 90
Other accrued liabilities 323 303
Total current liabilities 2,150 1,885
Long-term debt, less current portion 2,754 2,749
Pension and post-retirement obligations 50 48
Contingent consideration and compensation liabilities 8 22
Operating and finance leases 215 192
Deferred tax liabilities 205 198
Other noncurrent liabilities 146 105
Total liabilities 5,528 5,199
Commitments and contingencies (Note 18) 0 0
Shareholders’ equity:    
Series A Preferred Stock, $0.0001 par value; 7,000,000 authorized shares; 4,000,000 shares issued and outstanding at December 31, 2025 and 2024 0 0
Common stock, $0.0001 par value; 1,000,000,000 and 500,000,000 authorized shares; and 415,915,273 shares and 412,167,491 shares issued at December 31, 2025 and 2024, respectively (excluding 15,212,810 and 11,916,156 shares declared for stock dividend at December 31, 2025 and 2024, respectively) 0 0
Additional paid-in capital 3,296 3,305
Retained earnings 517 215
Accumulated other comprehensive loss (405) (567)
Total shareholders’ equity 3,408 2,953
Total liabilities and shareholders’ equity $ 8,936 $ 8,152