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Stockholders' Deficit | 3 Months Ended
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Mar. 31, 2022
Compensation Related Costs [Abstract] |
Stockholders' Deficit | Changes in Stockholders’ Deficit The following tables present certain information regarding our stockholders’ deficit as of March 31, 2022 and March 31, 2021:
| Three Months Ended March 31, 2022
| Common Stock |  | Additional Paid in Capital |  | Accumulated Loss |  | Treasury Stock |  | Accumulated Other Comprehensive Loss |  | Noncontrolling Interest |  | Total
January 1, 2022 | $ | 1 |  |  | $ | 1,337 |  |  | $ | (3,158) |  |  | $ | (175) |  |  | $ | (261) |  |  | $ | 150 |  |  | $ | (2,106) |
Settlement of liability awards and other, net | — |  |  | 43 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 43 |
Vesting of RSUs, net of tax withholdings | — |  |  | (31) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (31) |
Purchase of treasury stock | — |  |  | — |  |  | — |  |  | (51) |  |  | — |  |  | — |  |  | (51) |
Stock-based compensation | — |  |  | 17 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 17 |
Net income | — |  |  | — |  |  | 26 |  |  | — |  |  | — |  |  | 2 |  |  | 28 |
Other comprehensive loss | — |  |  | — |  |  | — |  |  | — |  |  | (37) |  |  | — |  |  | (37) |
March 31, 2022 | $ | 1 |  |  | $ | 1,366 |  |  | $ | (3,132) |  |  | $ | (226) |  |  | $ | (298) |  |  | $ | 152 |  |  | $ | (2,137) |
| Three Months Ended March 31, 2021
| Common Stock |  | Additional Paid in Capital |  | Accumulated Loss |  | Treasury Stock |  | Accumulated Other Comprehensive Loss |  | Noncontrolling Interest |  | Total
January 1, 2021 | $ | 1 |  |  | $ | 1,268 |  |  | $ | (3,529) |  |  | $ | (175) |  |  | $ | (218) |  |  | $ | 129 |  |  | $ | (2,524) |
Vesting of RSUs, net of tax withholdings and other | — |  |  | (13) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (13) |
Stock-based compensation | — |  |  | 17 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 17 |
Net loss | — |  |  | — |  |  | (15) |  |  | — |  |  | — |  |  | 6 |  |  | (9) |
Other comprehensive income | — |  |  | — |  |  | — |  |  | — |  |  | 8 |  |  | — |  |  | 8 |
March 31, 2021 | $ | 1 |  |  | $ | 1,272 |  |  | $ | (3,544) |  |  | $ | (175) |  |  | $ | (210) |  |  | $ | 135 |  |  | $ | (2,521) |
Stock Based Compensation The following reflects total stock-based compensation expense recognized under all programs in our continuing operations:
| Three Months Ended March 31, |  |
| 2022 |  | 2021 |  |  |  |
Related to L&W stock options | $ | — |  |  | $ | 6 |  |  |  |  |
Related to L&W RSUs | 12 |  |  | 11 |  |  |  |  |
Related to SciPlay RSUs | 3 |  |  | 2 |  |  |  |  |
Total | $ | 15 |  |  | $ | 19 |  |  |  |  |
Restricted Stock Units A summary of the changes in RSUs outstanding under our equity-based compensation plans during the three months ended March 31, 2022 is presented below:
| Number of Restricted Stock Units |  | Weighted Average Grant Date Fair Value
Unvested RSUs as of December 31, 2021 | 2.7 |  |  | $ | 32.03 |
Granted | 1.4 |  |  | $ | 58.68 |
Vested | (1.6) |  |  | $ | 38.28 |
Cancelled | — |  |  | $ | 37.07 |
Unvested RSUs as of March 31, 2022 | 2.5 |  |  | $ | 42.64 |
The weighted-average grant date fair value of RSUs granted during the three months ended March 31, 2022 and 2021 was $58.68 and $43.63, respectively. The fair value of each RSU grant is based on the market value of our common stock at the time of grant. At March 31, 2022, we had $85 million in total unrecognized stock-based compensation expense relating to unvested RSUs that will be amortized over a weighted-average period of approximately two years, of which $9 million related to employees of discontinued operations. The fair value at vesting date of RSUs vested during the three months ended March 31, 2022 and 2021 was $92.4 million and $42.5 million, respectively. Share Repurchase Program As described in Note 17 within our 2021 10-K and in our Current Report on Form 8-K filed with the SEC on March 1, 2022, our Board of Directors approved a share repurchase program under which the Company is authorized to repurchase, from time to time through February 25, 2025, up to an aggregate amount of $750 million of our outstanding common stock over a three-year period. During the first quarter of 2022, we repurchased 0.9 million shares of common stock under the program at an aggregate cost of $51 million and an average of $59.10 per share.

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- Definition The entire disclosure for compensation costs, including compensated absences accruals, compensated absences liability, deferred compensation arrangements and income statement compensation items. Deferred compensation arrangements may include a description of an arrangement with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares (units) issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -URI http://asc.fasb.org/topic&trid=2127225 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6409950&loc=d3e20396-108366 + Details
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