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Business Segments | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Business Segments | We report our operations in three business segments—Gaming, SciPlay and iGaming—representing our different products and services. A detailed discussion regarding the products and services from which each reportable business segment derives its revenue is included in Notes 3 and 4 in our 2022 10-K. In evaluating financial performance, our Chief Operating Decision Maker focuses on AEBITDA as management’s primary segment measure of profit or loss, which is described in footnote (2) to the below table. The accounting policies of our business segments are the same as those described within the Notes in our 2022 10-K. The following tables present our segment information:
| Three Months Ended September 30, 2023
| Gaming |  | SciPlay |  | iGaming |  | Unallocated and Reconciling Items(1) |  | Total
Total revenue | $ | 465 |  |  | $ | 196 |  |  | $ | 70 |  |  | $ | — |  |  | $ | 731 |
AEBITDA(2) | 235 |  |  | 61 |  |  | 25 |  |  | (35) |  |  | $ | 286 |
Reconciling items to net income from continuing operations before income taxes:
D&A | (64) |  |  | (6) |  |  | (12) |  |  | (8) |  |  | (90) |
Restructuring and other | (1) |  |  | (2) |  |  | (4) |  |  | (10) |  |  | (17) |
Interest expense |  |  |  |  |  |  | (78) |  |  | (78) |
Loss on debt financing transactions |  |  |  |  |  |  | (15) |  |  | (15) |
Other income, net |  |  |  |  |  |  | 39 |  |  | 39 |
Stock-based compensation |  |  |  |  |  |  | (31) |  |  | (31) |
Net income from continuing operations before income taxes |  |  |  |  |  |  |  |  | $ | 94 |
(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 income from continuing operations before income taxes.
(2) AEBITDA is reconciled to net income (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- and disposition-related costs and other unusual items; (3) interest expense; (4) loss on debt financing transactions; (5) change in fair value of investments and remeasurement of debt and other; (6) other (expense) income, net, including foreign currency gains or losses and earnings from equity investments; and (7) stock-based compensation. AEBITDA is presented as our primary segment measure of profit or loss.
| Three Months Ended September 30, 2022
| Gaming |  |  |  | SciPlay |  | iGaming |  | Unallocated and Reconciling Items(1) |  | Total
Total revenue | $ | 419 |  |  |  |  | $ | 171 |  |  | $ | 58 |  |  | $ | — |  |  | $ | 648 |
AEBITDA(2) | 202 |  |  |  |  | 43 |  |  | 20 |  |  | (30) |  |  | $ | 235 |
Reconciling items to net income from continuing operations before income taxes:
D&A | (81) |  |  |  |  | (6) |  |  | (10) |  |  | (5) |  |  | (102) |
Restructuring and other | (1) |  |  |  |  | (1) |  |  | — |  |  | (25) |  |  | (27) |
Interest expense |  |  |  |  |  |  |  |  | (68) |  |  | (68) |
Other income, net |  |  |  |  |  |  |  |  | 1 |  |  | 1 |
Stock-based compensation |  |  |  |  |  |  |  |  | (15) |  |  | (15) |
Net income from continuing operations before income taxes |  |  |  |  |  |  |  |  |  |  | $ | 24 |
(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 income from continuing operations before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 4.
| Nine Months Ended September 30, 2023
| Gaming |  |  |  | SciPlay |  | iGaming |  | Unallocated and Reconciling Items(1) |  | Total
Total revenue | $ | 1,354 |  |  |  |  | $ | 573 |  |  | $ | 204 |  |  | $ | — |  |  | $ | 2,131 |
AEBITDA(2) | 673 |  |  |  |  | 174 |  |  | 72 |  |  | (104) |  |  | $ | 815 |
Reconciling items to net income from continuing operations before income taxes:
D&A | (221) |  |  |  |  | (23) |  |  | (36) |  |  | (18) |  |  | (298) |
Restructuring and other | (10) |  |  |  |  | (5) |  |  | (14) |  |  | (37) |  |  | (66) |
Interest expense |  |  |  |  |  |  |  |  | (231) |  |  | (231) |
Loss on debt financing transactions |  |  |  |  |  |  |  |  | (15) |  |  | (15) |
Other income, net |  |  |  |  |  |  |  |  | 19 |  |  | 19 |
Stock-based compensation |  |  |  |  |  |  |  |  | (85) |  |  | (85) |
Net income from continuing operations before income taxes |  |  |  |  |  |  |  |  |  |  | $ | 139 |
(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 income from continuing operations before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 4.
| Nine Months Ended September 30, 2022
| Gaming |  |  |  | SciPlay |  | iGaming |  | Unallocated and Reconciling Items(1) |  | Total
Total revenue | $ | 1,163 |  |  |  |  | $ | 489 |  |  | $ | 178 |  |  | $ | — |  |  | $ | 1,830 |
AEBITDA(2) | 552 |  |  |  |  | 128 |  |  | 61 |  |  | (93) |  |  | $ | 648 |
Reconciling items to net loss from continuing operations before income taxes:
D&A | (246) |  |  |  |  | (16) |  |  | (37) |  |  | (18) |  |  | (317) |
Restructuring and other | (5) |  |  |  |  | (4) |  |  | (15) |  |  | (82) |  |  | (106) |
Interest expense |  |  |  |  |  |  |  |  | (254) |  |  | (254) |
Loss on debt financing transactions |  |  |  |  |  |  |  |  | (147) |  |  | (147) |
Gain on remeasurement of debt and other |  |  |  |  |  |  |  |  | 27 |  |  | 27 |
Other income, net |  |  |  |  |  |  |  |  | 7 |  |  | 7 |
Stock-based compensation |  |  |  |  |  |  |  |  | (47) |  |  | (47) |
Net loss from continuing operations before income taxes |  |  |  |  |  |  |  |  |  |  | $ | (189) |
(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 described in footnote (2) to the first table in this Note 4.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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