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Business Segments (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Operating Information by Segment | The following tables present our segment information:
| Year Ended December 31, 2021
| Gaming |  | SciPlay |  | iGaming |  | Unallocated and Reconciling Items(1) |  | Total
Total revenue | $ | 1,321 |  |  | $ | 606 |  |  | $ | 226 |  |  | $ | — |  |  | $ | 2,153 |
AEBITDA(2) | 659 |  |  | 186 |  |  | 75 |  |  | (127) |  |  | $ | 793 |
Reconciling items to consolidated Net loss from continuing operations before income taxes:
D&A | (303) |  |  | (15) |  |  | (54) |  |  | (26) |  |  | (398) |
Restructuring and other | (9) |  |  | (32) |  |  | (1) |  |  | (125) |  |  | (167) |
Interest expense |  |  |  |  |  |  | (478) |  |  | (478) |
Gain on remeasurement of debt |  |  |  |  |  |  | 41 |  |  | 41 |
Other income, net |  |  |  |  |  |  | 28 |  |  | 28 |
Stock-based compensation |  |  |  |  |  |  | (113) |  |  | (113) |
Net loss from continuing operations before income taxes |  |  |  |  |  |  |  |  | $ | (294) |
Assets as of December 31, 2021 | $ | 4,112 |  |  | $ | 696 |  |  | $ | 633 |  |  | $ | 468 |  |  | $ | 5,909 |
Capital expenditures for the year ended December 31, 2021 | $ | 123 |  |  | $ | 9 |  |  | $ | 23 |  |  | $ | 16 |  |  | $ | 171 |
(1) Includes amounts not allocated to the business segments (including corporate costs) and items to reconcile the total business segments AEBITDA to our consolidated net loss from continuing operations before income taxes.
(2) AEBITDA is reconciled to net loss from continuing operations before income taxes with the following adjustments: (1) depreciation and amortization expense and impairment charges (including goodwill impairments); (2) restructuring and other, which includes charges or expenses attributable to: (i) employee severance; (ii) management restructuring and related costs; (iii) restructuring and integration; (iv) cost savings initiatives; (v) major litigation; and (vi) acquisition costs and other unusual items; (3) interest expense; (4) loss (gain) on debt financing transactions; (5) change in fair value of investments and remeasurement of debt; (6) other expense (income), net including foreign currency (gains), and losses and earnings (loss) from equity investments; and (7) stock-based compensation. AEBITDA is presented as our primary segment measure of profit or loss.
| Year Ended December 31, 2020
| Gaming |  | SciPlay |  | iGaming |  | Unallocated and Reconciling Items(1) |  | Total
Total revenue | $ | 926 |  |  | $ | 582 |  |  | $ | 191 |  |  | $ | — |  |  | $ | 1,699 |
AEBITDA(2) | 240 |  |  | 189 |  |  | 58 |  |  | (113) |  |  | $ | 374 |
Reconciling items to consolidated Net loss from continuing operations before income taxes:
D&A | (348) |  |  | (10) |  |  | (48) |  |  | (43) |  |  | (449) |
Goodwill impairment | (54) |  |  | — |  |  | — |  |  | — |  |  | (54) |
Restructuring and other | (30) |  |  | (2) |  |  | (4) |  |  | (20) |  |  | (56) |
Interest expense |  |  |  |  |  |  | (503) |  |  | (503) |
Loss on debt financing transactions |  |  |  |  |  |  | (1) |  |  | (1) |
Loss on remeasurement of debt |  |  |  |  |  |  | (51) |  |  | (51) |
Other expense, net |  |  |  |  |  |  | (8) |  |  | (8) |
Stock-based compensation |  |  |  |  |  |  | (56) |  |  | (56) |
Net loss from continuing operations before income taxes |  |  |  |  |  |  |  |  | $ | (804) |
Assets as of December 31, 2020 | $ | 4,364 |  |  | $ | 564 |  |  | $ | 423 |  |  | $ | 714 |  |  | $ | 6,065 |
Capital expenditures for the year ended December 31, 2020 | $ | 102 |  |  | $ | 7 |  |  | $ | 14 |  |  | $ | 14 |  |  | $ | 137 |
(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 from continuing operations before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 3.
| Year Ended December 31, 2019
| Gaming |  | SciPlay |  | iGaming |  | Unallocated and Reconciling Items(1) |  | Total
Total revenue | $ | 1,748 |  |  | $ | 466 |  |  | $ | 174 |  |  | $ | — |  |  | $ | 2,388 |
AEBITDA(2)(3) | 856 |  |  | 122 |  |  | 40 |  |  | (120) |  |  | $ | 898 |
Reconciling items to consolidated Net loss from continuing operations before income taxes:
D&A | (437) |  |  | (7) |  |  | (38) |  |  | (60) |  |  | (542) |
Restructuring and other | (10) |  |  | (3) |  |  | (7) |  |  | (5) |  |  | (25) |
Interest expense |  |  |  |  |  |  | (589) |  |  | (589) |
Loss on debt financing transactions |  |  |  |  |  |  | (100) |  |  | (100) |
Gain on remeasurement of debt |  |  |  |  |  |  | 9 |  |  | 9 |
Other income, net |  |  |  |  |  |  | 4 |  |  | 4 |
Stock-based compensation |  |  |  |  |  |  | (32) |  |  | (32) |
Net loss from continuing operations before income taxes |  |  |  |  |  |  |  |  | $ | (377) |
Capital expenditures for the year ended December 31, 2019 | $ | 167 |  |  | $ | 9 |  |  | $ | 26 |  |  | $ | 22 |  |  | $ | 224 |
(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 from continuing operations before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 3.
(3) The year ended December 31, 2019 includes a charge of $10 million for intellectual property royalties paid by SciPlay to the Gaming business segment, which is no longer being paid as of May 7, 2019 in connection with the IP License Agreement described in Note 1.
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,
|  | 2021 |  | 2020 |  | 2019
Revenue: |  |  |  |  |  |
U.S. |  | $ | 1,551 |  |  | $ | 1,181 |  |  | $ | 1,566 |
Other |  | 602 |  |  | 518 |  |  | 822 |
Total |  | $ | 2,153 |  |  | $ | 1,699 |  |  | $ | 2,388 |
|  | As of December 31,
|  | 2021 |  | 2020
Property and equipment, net: |  |  |  |
U.S. |  | $ | 147 |  |  | $ | 143 |
Other |  | 66 |  |  | 99 |
Total |  | $ | 213 |  |  | $ | 242 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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