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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities:    
Net income (loss) $ 1 $ (100)
Adjustments required to reconcile net income (loss) to cash flows from operating activities:    
Depreciation and amortization 181 232
Contract inducement amortization 0 1
Deferred income taxes (6) (29)
(Gain) loss from investments 0 (2)
Amortization of debt financing costs 4 3
Loss on extinguishment of debt 2 0
Loss on divestitures and sales of fixed assets, net 1 0
Stock-based compensation 9 9
Accounts receivable 4 (44)
Other current and long-term assets (48) (41)
Accounts payable and accrued compensation and benefits costs (21) (18)
Restructuring liabilities (2) 6
Other current and long-term liabilities (29) (152)
Net change in income tax assets and liabilities 7 17
Net Cash Provided by (Used in) Operating Activities 103 (118)
Cash Flows from Investing Activities:    
Cost of additions to land, buildings and equipment (39) (30)
Cost of additions to internal use software (32) (30)
Proceeds from divestitures 2 2
Net Cash Provided by (Used in) Investing Activities (69) (58)
Cash Flows from Financing Activities:    
Proceeds from revolving credit facility and other loans 0 150
Payments on revolving credit facility (79) (28)
Premium on debt redemption (2) 0
Taxes paid for settlement of stock-based compensation (1) (3)
Dividends paid on preferred stock (5) (5)
Net cash provided by (used in) financing activities (87) 114
Effect of exchange rate changes on cash, cash equivalents and restricted cash (2) (6)
Increase (decrease) in cash, cash equivalents and restricted cash (55) (68)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 458 505
Cash, Cash Equivalents and restricted Cash at End of period [1] $ 403 $ 437
[1] Includes $6 million and $9 million of restricted cash as of June 30, 2021 and 2020, respectively, that were included in Other current assets on their respective Condensed Consolidated Balance Sheets.