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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of reportable segments
Selected financial information for the Company's segments was as follows:
Three Months Ended
September 30,
(in millions)CommercialGovernmentTransportationDivestituresUnallocated CostsTotal
2024
Revenue$385 $255 $141 $26 $— $807 
Segment profit (loss)$15 $50 $(6)$$(70)$(8)
2023
Revenue$397 $290 $144 $101 $— $932 
Segment profit (loss)$(19)$84 $(5)$26 $(75)$11 
Nine Months Ended
September 30,
(in millions)CommercialGovernmentTransportationDivestituresUnallocated CostsTotal
2024
Revenue$1,192 $758 $426 $180 $— $2,556 
Segment profit (loss)$48 $130 $(15)$35 $(213)$(15)
2023
Revenue$1,245 $824 $400 $300 $— $2,769 
Segment profit (loss)$13 $224 $(11)$76 $(224)$78 
Reconciliation to pre-tax income (loss)
(in millions)Three Months Ended
September 30,
Nine Months Ended
September 30,
Segment Profit (Loss) Reconciliation to Income (Loss) Before Income Taxes2024202320242023
Income (Loss) Before Income Taxes$159 $(313)$586 $(328)
Reconciling items:
Amortization of acquired intangible assets
Restructuring and related costs21 49 
Interest expense16 28 62 82 
Goodwill impairment— 287 — 287 
(Gain) loss on divestitures and transaction costs, net(188)(696)
Litigation settlements (recoveries), net— (22)
Loss on extinguishment of debt— — 
Other (income) expenses, net(2)(2)(4)(3)
Segment Profit (Loss)$(8)$11 $(15)$78