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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 612 $ 301
Investments 135 57
Restricted cash, cash equivalents and investments 1,195 1,388
Accounts receivable, net 15 18
Unbilled revenue, net 324 246
Prepaid expenses, net 67 63
Other current assets 91 87
Total current assets 2,439 2,160
Restricted cash, cash equivalents and investments, noncurrent 166 210
Investments, noncurrent 168 138
Property, equipment and software, net 79 79
Operating lease right-of-use asset 42 51
Goodwill 294 294
Other intangible assets, net 6 18
Other assets 115 93
Total assets 3,309 3,043
Current liabilities:    
Accounts payable and other current liabilities 86 50
Long-term debt 0 22
Client deposits and other client liabilities 97 134
Accrued wages 369 309
Accrued health insurance costs, net 174 172
Accrued workers' compensation costs, net 55 59
Payroll tax liabilities and other payroll withholdings 929 1,095
Operating lease liabilities 11 11
Insurance premiums and other payables 18 18
Total current liabilities 1,739 1,870
Long-term debt, noncurrent 495 348
Accrued workers' compensation costs, noncurrent, net 135 138
Deferred taxes 11 22
Operating lease liabilities, noncurrent 41 49
Other non-current liabilities 7 9
Total liabilities 2,428 2,436
Commitments and contingencies
Stockholders' equity:    
Preferred stock 0 0
Common stock and additional paid-in capital 808 747
Retained earnings (Accumulated deficit) 74 (144)
Accumulated other comprehensive (loss) income (1) 4
Total stockholders' equity 881 607
Total liabilities & stockholders' equity $ 3,309 $ 3,043