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v3.19.3.a.u2

Business Segments (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Operating Information by Segment | The following tables present our recast segment information:
| Year Ended December 31, 2019
| Gaming |  | Lottery |  | SciPlay |  | Digital |  | Unallocated and Reconciling Items(1) |  | Total
Total revenue | $ | 1,748 |  |  | $ | 911 |  |  | $ | 466 |  |  | $ | 275 |  |  | $ | — |  |  | $ | 3,400 |
AEBITDA(2) | 865 |  |  | 404 |  |  | 122 |  |  | 63 |  |  | (120 | ) |  | $ | 1,334 |
Reconciling items to consolidated net loss before income taxes:
D&A | (437 | ) |  | (67 | ) |  | (7 | ) |  | (76 | ) |  | (60 | ) |  | (647 | )
Restructuring and other | (10 | ) |  | (1 | ) |  | (3 | ) |  | (9 | ) |  | (5 | ) |  | (28 | )
EBITDA from equity investments(2) |  |  |  |  |  |  |  |  | (67 | ) |  | (67 | )
Earnings from equity investments |  |  |  |  |  |  |  |  | 24 |  |  | 24 |
Interest expense |  |  |  |  |  |  |  |  | (589 | ) |  | (589 | )
Loss on debt refinancing transactions |  |  |  |  |  |  |  |  | (100 | ) |  | (100 | )
Gain on remeasurement of debt |  |  |  |  |  |  |  |  | 9 |  |  | 9 |
Other expense, net |  |  |  |  |  |  |  |  | (7 | ) |  | (7 | )
Stock-based compensation |  |  |  |  |  |  |  |  | (37 | ) |  | (37 | )
Net loss before income taxes |  |  |  |  |  |  |  |  |  |  | $ | (108 | )
Assets as of December 31, 2019 | $ | 4,932 |  |  | $ | 1,321 |  |  | $ | 379 |  |  | $ | 891 |  |  | $ | 286 |  |  | $ | 7,809 |
Capital expenditures for the year ended December 31, 2019 | $ | 167 |  |  | $ | 49 |  |  | $ | 9 |  |  | $ | 38 |  |  | $ | 22 |  |  | $ | 285 |
(1) Includes amounts not allocated to the business segments (including corporate costs) and reconciling items to reconcile the total business segments AEBITDA to our consolidated net loss before income taxes.
(2) AEBITDA is net income (loss) before the following adjustments: (1) restructuring and other, which includes charges or expenses attributable to: (i) employee severance; (ii) management changes; (iii) restructuring and integration; (iv) M&A and other, which includes: (a) M&A transaction costs, (b) purchase accounting, (c) unusual items (including certain litigation), and (d) other non-cash items; and (v) cost savings initiatives; (2) depreciation and amortization expense and impairment charges (including goodwill impairment charges); (3) change in fair value of investments and remeasurement of debt; (4) interest expense; (5) income taxes expense (benefit); (6) stock-based compensation; and (7) loss (gain) on debt financing transactions. In addition to the preceding adjustments, we exclude earnings from equity method investments and add (without duplication) our pro rata share of EBITDA of our equity investments, which represents our share of earnings (whether or not distributed to us) before income tax expense, depreciation and amortization expense, and interest (income) expense, net.
| Year Ended December 31, 2018
| Gaming |  | Lottery |  | SciPlay |  | Digital |  | Unallocated and Reconciling Items(1) |  | Total
Total revenue | $ | 1,831 |  |  | $ | 846 |  |  | $ | 416 |  |  | $ | 270 |  |  | $ | — |  |  | $ | 3,363 |
AEBITDA(2) | 920 |  |  | 391 |  |  | 94 |  |  | 54 |  |  | (129 | ) |  | $ | 1,330 |
Reconciling items to consolidated net loss before income taxes:
D&A | (493 | ) |  | (59 | ) |  | (17 | ) |  | (67 | ) |  | (54 | ) |  | (690 | )
Restructuring and other | (7 | ) |  | (2 | ) |  | (29 | ) |  | (20 | ) |  | (195 | ) |  | (253 | )
EBITDA from equity investments(2) |  |  |  |  |  |  |  |  | (67 | ) |  | (67 | )
Earnings from equity investments |  |  |  |  |  |  |  |  | 25 |  |  | 25 |
Interest expense |  |  |  |  |  |  |  |  | (597 | ) |  | (597 | )
Loss on debt financing transactions |  |  |  |  |  |  |  |  | (93 | ) |  | (93 | )
Gain on remeasurement of debt |  |  |  |  |  |  |  |  | 43 |  |  | 43 |
Other income, net |  |  |  |  |  |  |  |  | 7 |  |  | 7 |
Stock-based compensation |  |  |  |  |  |  |  |  | (44 | ) |  | (44 | )
Net loss before income taxes |  |  |  |  |  |  |  |  |  |  | $ | (339 | )
Assets as of December 31, 2018 | $ | 5,094 |  |  | $ | 1,300 |  |  | $ | 183 |  |  | $ | 883 |  |  | $ | 258 |  |  | $ | 7,718 |
Capital expenditures for the year ended December 31, 2018 | $ | 249 |  |  | $ | 76 |  |  | $ | 3 |  |  | $ | 28 |  |  | $ | 35 |  |  | $ | 391 |
(1) Includes amounts not allocated to the business segments (including corporate costs) and reconciling items to reconcile the total business segments AEBITDA to our consolidated net loss before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 2.
| Year Ended December 31, 2017
| Gaming |  | Lottery |  | SciPlay |  | Digital |  | Unallocated and Reconciling Items(1) |  | Total
Total revenue | $ | 1,844 |  |  | $ | 812 |  |  | $ | 362 |  |  | $ | 66 |  |  | $ | — |  |  | $ | 3,084 |
AEBITDA(2) | 895 |  |  | 365 |  |  | 69 |  |  | 16 |  |  | (120 | ) |  | $ | 1,225 |
Reconciling items to consolidated net loss before income taxes:
D&A | (521 | ) |  | (50 | ) |  | (18 | ) |  | (9 | ) |  | (85 | ) |  | (683 | )
Restructuring and other | (8 | ) |  | (6 | ) |  | (2 | ) |  | — |  |  | (30 | ) |  | (46 | )
EBITDA from equity investments(2) |  |  |  |  |  |  |  |  | (67 | ) |  | (67 | )
Earnings from equity investments |  |  |  |  |  |  |  |  | 27 |  |  | 27 |
Interest expense |  |  |  |  |  |  |  |  | (610 | ) |  | (610 | )
Loss on debt financing transactions |  |  |  |  |  |  |  |  | (38 | ) |  | (38 | )
Other expense, net |  |  |  |  |  |  |  |  | (8 | ) |  | (8 | )
Stock-based compensation |  |  |  |  |  |  |  |  | (27 | ) |  | (27 | )
Net loss before income taxes |  |  |  |  |  |  |  |  |  |  | $ | (227 | )
Assets as of December 31, 2017 | $ | 5,401 |  |  | $ | 1,071 |  |  | $ | 219 |  |  | $ | 61 |  |  | $ | 973 |  |  | $ | 7,725 |
Capital expenditures for the year ended December 31, 2017 | $ | 194 |  |  | $ | 38 |  |  | $ | 5 |  |  | $ | 4 |  |  | $ | 53 |  |  | $ | 294 |
(1) Includes amounts not allocated to the business segments (including corporate costs) and reconciling items to reconcile the total business segments AEBITDA to our consolidated net loss before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 2.
Schedule of the Service and Sales Revenue by Customer Location and Long-Lived Assets by Geographic Segment | The following tables present revenue by customer location and property and equipment by geographic location:
|  | Year Ended December 31,
|  | 2019 |  | 2018 |  | 2017
Revenue: |  |  |  |  |  |
U.S. |  | $ | 2,195 |  |  | $ | 2,190 |  |  | $ | 2,118 |
Other |  | 1,205 |  |  | 1,173 |  |  | 966 |
Total |  | $ | 3,400 |  |  | $ | 3,363 |  |  | $ | 3,084 |
|  | As of December 31,
|  | 2019 |  | 2018
Property and equipment, net: |  |  |  |
U.S. |  | $ | 299 |  |  | $ | 334 |
Other |  | 201 |  |  | 213 |
Total |  | $ | 500 |  |  | $ | 547 |

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