XML 62 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 528 $ 715
Accounts receivable, net 328 588
Inventories 36 28
Other current assets 86 97
Total current assets 978 1,428
Property and equipment, net 333 295
Capitalized software, net 42 72
Right of use assets - operating lease, net 53  
Goodwill 394 395
Acquired intangible assets, net 11 16
Deferred income taxes 67 67
Other assets 101 87
Total assets 1,979 2,360
Current liabilities    
Current portion of long-term debt 25 19
Current portion of finance lease liability 42 17
Current portion of operating lease liability 19 0
Accounts payable 103 141
Payroll and benefits liabilities 115 224
Deferred revenue 408 490
Other current liabilities 60 118
Total current liabilities 772 1,009
Long-term debt 460 478
Finance lease liability 66 30
Operating lease liability 41  
Pension and other postemployment plan liabilities 101 113
Long-term deferred revenue 68 105
Deferred tax liabilities 4 3
Other liabilities 139 127
Total liabilities 1,651 1,865
Commitments and contingencies (Note 9)
Stockholders’ equity    
Preferred stock: par value $0.01 per share, 100.0 shares authorized, no shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 0 0
Common stock: par value $0.01 per share, 500.0 shares authorized, 112.4 and 116.8 shares issued at September 30, 2019 and December 31, 2018, respectively 1 1
Paid-in capital 1,517 1,418
Accumulated deficit (1,063) (823)
Accumulated other comprehensive loss (127) (101)
Total stockholders’ equity 328 495
Total liabilities and stockholders’ equity $ 1,979 $ 2,360