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Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Revenue $ 807 $ 932 $ 2,556 $ 2,769
Operating Costs and Expenses        
Cost of services (excluding depreciation and amortization) 656 724 2,068 2,148
Selling, general and administrative (excluding depreciation and amortization) 115 115 346 344
Research and development (excluding depreciation and amortization) 1 2 4 5
Depreciation and amortization 44 81 157 199
Restructuring and related costs 4 7 21 49
Interest expense 16 28 62 82
Goodwill impairment 0 287 0 287
(Gain) loss on divestitures and transaction costs, net (188) 3 (696) 8
Litigation settlements (recoveries), net 1 0 6 (22)
Loss on extinguishment of debt 1 0 6 0
Other (income) expenses, net (2) (2) (4) (3)
Total Operating Costs and Expenses 648 1,245 1,970 3,097
Income (Loss) Before Income Taxes 159 (313) 586 (328)
Income tax expense (benefit) 36 (24) 148 (26)
Net Income (Loss) $ 123 $ (289) $ 438 $ (302)
Net Income (Loss) per Share:        
Basic (in USD per share) $ 0.75 $ (1.34) $ 2.28 $ (1.42)
Diluted (in USD per share) $ 0.72 $ (1.34) $ 2.22 $ (1.42)