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Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The summarized results of our discontinued operations were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Total revenue$32 $285 $371 $860 
Total cost of revenue(1)
9 148 177 431 
Other operating expenses(2)
31 63 180 184 
Operating (loss) income(8)74 14 245 
Total other income, net2 16 10 90 
Net (loss) income from discontinued operations before income taxes
(6)90 24 335 
Gain on sale of discontinued operations before income taxes362 — 4,930 — 
Total net income from discontinued operations before income taxes356 90 4,954 335 
Income tax expense(41)(3)(1,099)(6)
Net income from discontinued operations, net of tax included in the consolidated statement of operations$315 $87 $3,855 $329 
(1) Excludes D&A.
(2) Includes D&A of $26 million and $79 million for the three and nine months ended September 30, 2021, respectively, along with stock-based compensation of $7 million and $18 million for the three and nine months ended September 30, 2022, respectively, and $7 million and $14 million for the three and nine months ended September 30, 2021, respectively. Due to the discontinued operations classification of the Divested Businesses as of the third quarter of 2021, D&A was ceased and none was included for the three and nine months ended September 30, 2022. The three and nine months ended September 30, 2022 also include $7 million and $85 million, respectively, related to direct transaction closing fees.
The following table summarizes the major classes of assets and liabilities of businesses held for sale.
As of
December 31, 2021
ASSETS
Cash and cash equivalents$44 
Restricted cash22 
Receivables, net214 
Inventories94 
Prepaid expenses deposits and other current assets123 
Total current assets of businesses held for sale497 
Property and equipment, net217 
Intangible assets and software, net304 
Goodwill623 
Equity investments251 
Other assets82 
Total non-current assets of businesses held for sale1,477 
Total assets of businesses held for sale$1,974 
LIABILITIES
Accounts payable$95 
Accrued liabilities and other187 
Total current liabilities of businesses held for sale282 
Operating lease liabilities34 
Other90 
Total non-current liabilities of businesses held for sale124 
Total liabilities of businesses held for sale$406