XML 135 R116.htm IDEA: XBRL DOCUMENT v3.22.2
REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS - Revision to financial statements (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended 36 Months Ended
Jan. 01, 2019
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2021
Jan. 01, 2021
Dec. 31, 2018
Consolidated Income Statement and Statement of Comprehensive Income                      
Cost of services   $ 3,677 $ 3,824 $ 4,162 $ 4,318 $ 16,550 $ 17,137 $ 17,676      
Total costs and expenses   4,493 4,620 5,065 5,175 20,560 21,112 20,852      
Income (loss) before income taxes   (205) (189) (313) (403) (1,903) (1,760) (573)      
Provision for income taxes   45 40 76 91 402 247 366      
Net income (loss)   (250) (229) (389) (494) (2,304) (2,007) (939)      
Foreign currency translation adjustments   (267) (51) 17 (96) 194 129 11      
Other comprehensive income (loss), before tax   (263) 105 22 (81) 324 123 (46)      
Other comprehensive income (loss), net of tax   (264) 54 21 (86) 292 125 (28)      
Total comprehensive income (loss)   $ (514) $ (175) $ (368) $ (580) $ (2,013) $ (1,883) $ (967)      
Basic earnings (loss) per share (in dollars per share)   $ (1.11) $ (1.02) $ (1.74) $ (2.20) $ (10.28) $ (8.96) $ (4.19)      
Diluted earnings (loss) per share (in dollars per share)   $ (1.11) $ (1.02) $ (1.74) $ (2.20) $ (10.28) $ (8.96) $ (4.19)      
Consolidated Balance Sheet and Equity Statement                      
Accrued contract costs   $ 476 $ 676 $ 413   $ 498 $ 440   $ 498    
Total current liabilities   4,609 5,058 3,676   4,457 3,838   4,457    
Other liabilities   474 449 297   522 300   522    
Total liabilities   10,093 10,730 6,134   10,446 6,220   10,446    
Net Parent investment $ 7,499     6,040     6,023 $ 7,159      
Common stock, par value $0.01 per share, and additional paid-in capital (1,000.0 shares authorized, 224.2 shares issued)   4,341 4,315     4,284     4,284    
Accumulated other comprehensive income/(loss)   (1,353) (1,089) (1,161)   (1,143) (1,096) (1,221) (1,143)    
Total stockholders' equity before non-controlling interests   2,117 2,618     2,765 4,927 5,938 2,765    
Total equity 6,358 $ 2,211 $ 2,711 4,932 $ 4,902 $ 2,767 $ 4,985 5,994 $ 2,767   $ 6,358
Common Stock, Par value (in dollars per share)   $ 0.01 $ 0.01     $ 0.01 $ 0.01   $ 0.01    
Common Stock, Shares authorized (in shares)   1,000.0 1,000.0     1,000.0 1,000.0   1,000.0    
Common Stock, Shares issued (in shares)   228.1 224.5     224.2 224.2   224.2    
Consolidated Equity Statement                      
Net Parent investment 7,499     6,040     $ 6,023 7,159      
Accumulated other comprehensive income/(loss)   $ (1,353) $ (1,089) (1,161)   $ (1,143) (1,096) (1,221) $ (1,143)    
Total stockholders' equity before non-controlling interests   2,117 2,618     2,765 4,927 5,938 2,765    
Total equity 6,358 2,211 2,711 4,932 4,902 2,767 4,985 5,994 2,767   $ 6,358
Cash flows from operating activities:                      
Net income (loss)   (250) (229) (389) (494) (2,304) (2,007) (939)      
Adjustments to reconcile net income (loss) to cash provided by operating activities:                      
Taxes (including items settled with former Parent in prior-year period)   12 (66) 106 74 994 299 399      
Other assets and other liabilities   $ (224) 151 (43) 172 822 (365) (244)      
As Previously Reported                      
Consolidated Income Statement and Statement of Comprehensive Income                      
Cost of services       4,167   16,570 17,143 17,682      
Total costs and expenses       5,070   20,580 21,118 20,858      
Income (loss) before income taxes       (319)   (1,922) (1,766) (579)      
Provision for income taxes       74   397 246 364      
Net income (loss)       (393)   (2,319) (2,011) (943)      
Foreign currency translation adjustments       19   198 125 12      
Other comprehensive income (loss), before tax       24   329 119 (45)      
Other comprehensive income (loss), net of tax       23   296 121 (27)      
Total comprehensive income (loss)       (370)   $ (2,023) $ (1,891) $ (970)      
Basic earnings (loss) per share (in dollars per share)           $ (10.35) $ (8.97) $ (4.21)      
Diluted earnings (loss) per share (in dollars per share)           $ (10.35) $ (8.97) $ (4.21)      
Consolidated Balance Sheet and Equity Statement                      
Accrued contract costs       489   $ 585 $ 512   585    
Total current liabilities       3,752   4,544 3,910   4,544    
Other liabilities       278   501 282   501    
Total liabilities       6,190   10,511 6,274   10,511    
Net Parent investment 7,457     5,985     5,972 $ 7,112      
Common stock, par value $0.01 per share, and additional paid-in capital (1,000.0 shares authorized, 224.2 shares issued)           4,218     4,218    
Accumulated other comprehensive income/(loss)       (1,163)   (1,143) (1,100) (1,220) (1,143)    
Total stockholders' equity before non-controlling interests           2,700 4,873 5,892 2,700    
Total equity 6,315     4,875   2,702 4,931 5,948 2,702    
Consolidated Equity Statement                      
Net Parent investment 7,457     5,985     5,972 7,112      
Accumulated other comprehensive income/(loss)       (1,163)   (1,143) (1,100) (1,220) (1,143)    
Total stockholders' equity before non-controlling interests           2,700 4,873 5,892 2,700    
Total equity 6,315     4,875   2,702 4,931 5,948 2,702    
Cash flows from operating activities:                      
Net income (loss)       (393)   (2,319) (2,011) (943)      
Adjustments to reconcile net income (loss) to cash provided by operating activities:                      
Taxes (including items settled with former Parent in prior-year period)       105   989 297 397      
Other assets and other liabilities       (38)   842 (360) (238)      
Adjustments                      
Consolidated Income Statement and Statement of Comprehensive Income                      
Cost of services       (5)   (20) (5) (6)      
Total costs and expenses       (5)   (20) (5) (6)      
Income (loss) before income taxes       5   20 5 6      
Provision for income taxes       1   5 1 1      
Net income (loss)       4   15 4 4      
Foreign currency translation adjustments       (2)   (5) 4 (1)      
Other comprehensive income (loss), before tax       (2)   (5) 4 (1)      
Other comprehensive income (loss), net of tax       (2)   (4) 4 (1)      
Total comprehensive income (loss)       2   $ 11 $ 7 $ 3      
Basic earnings (loss) per share (in dollars per share)           $ 0.07 $ 0.02 $ 0.02      
Diluted earnings (loss) per share (in dollars per share)           $ 0.07 $ 0.02 $ 0.02      
Consolidated Balance Sheet and Equity Statement                      
Accrued contract costs       (76)   $ (87) $ (72)   (87)    
Total current liabilities       (76)   (87) (72)   (87)    
Other liabilities       19   22 18   22    
Total liabilities       (57)   (65) (54)   (65)    
Net Parent investment 43     55     51 $ 47      
Common stock, par value $0.01 per share, and additional paid-in capital (1,000.0 shares authorized, 224.2 shares issued)           66     66    
Accumulated other comprehensive income/(loss)       2   (1) 4 (1) (1)    
Total stockholders' equity before non-controlling interests           65 54 46 65    
Total equity 43     57   65 54 46 65    
Consolidated Equity Statement                      
Net Parent investment 43     55     51 47      
Accumulated other comprehensive income/(loss)       2   (1) 4 (1) (1)    
Total stockholders' equity before non-controlling interests           65 54 46 65    
Total equity 43     57   65 54 46 65    
Cash flows from operating activities:                      
Net income (loss)       4   15 4 4      
Adjustments to reconcile net income (loss) to cash provided by operating activities:                      
Taxes (including items settled with former Parent in prior-year period)       1   5 1 2      
Other assets and other liabilities       $ (5)   (20) $ (5) $ (6)      
Over-accrual of Accrued contract costs                      
Consolidated Balance Sheet and Equity Statement                      
Accrued contract costs           498     498    
Total current liabilities           4,457     4,457    
Other liabilities           522     522    
Total liabilities           10,446     10,446    
Net Parent investment         6,027         $ 6,023  
Common stock, par value $0.01 per share, and additional paid-in capital (1,000.0 shares authorized, 224.2 shares issued)           4,284     4,284    
Accumulated other comprehensive income/(loss)         (1,182) (1,143)     (1,143) (1,096)  
Total stockholders' equity before non-controlling interests           2,765     2,765    
Total equity         4,902 $ 2,767     $ 2,767 4,985  
Common Stock, Par value (in dollars per share)           $ 0.01     $ 0.01    
Common Stock, Shares authorized (in shares)           1,000.0     1,000.0    
Common Stock, Shares issued (in shares)           224.2     224.2    
Consolidated Equity Statement                      
Net Parent investment         6,027         6,023  
Accumulated other comprehensive income/(loss)         (1,182) $ (1,143)     $ (1,143) (1,096)  
Total stockholders' equity before non-controlling interests           2,765     2,765    
Total equity         4,902 2,767     2,767 4,985  
Over-accrual of Accrued contract costs | As Previously Reported                      
Consolidated Balance Sheet and Equity Statement                      
Accrued contract costs           585     585    
Total current liabilities           4,544     4,544    
Other liabilities           501     501    
Total liabilities           10,511     10,511    
Net Parent investment         5,976         5,972  
Common stock, par value $0.01 per share, and additional paid-in capital (1,000.0 shares authorized, 224.2 shares issued)           4,218     4,218    
Accumulated other comprehensive income/(loss)         (1,186) (1,143)     (1,143) (1,100)  
Total stockholders' equity before non-controlling interests           2,700     2,700    
Total equity         4,848 2,702     2,702 4,931  
Consolidated Equity Statement                      
Net Parent investment         5,976         5,972  
Accumulated other comprehensive income/(loss)         (1,186) (1,143)     (1,143) (1,100)  
Total stockholders' equity before non-controlling interests           2,700     2,700    
Total equity         4,848 2,702     2,702 4,931  
Over-accrual of Accrued contract costs | Adjustments                      
Consolidated Income Statement and Statement of Comprehensive Income                      
Provision for income taxes (14)                    
Consolidated Balance Sheet and Equity Statement                      
Accrued contract costs (57)   $ 87     (87)     (87)    
Total current liabilities           (87)     (87)    
Other liabilities           22     22    
Total liabilities           (65)     (65)    
Net Parent investment         51         51  
Common stock, par value $0.01 per share, and additional paid-in capital (1,000.0 shares authorized, 224.2 shares issued)           66     66    
Accumulated other comprehensive income/(loss)         4 (1)     (1) 4  
Total stockholders' equity before non-controlling interests           65     65    
Total equity 43       54 65     65 54  
Consolidated Equity Statement                      
Net Parent investment         51         51  
Accumulated other comprehensive income/(loss)         4 (1)     (1) 4  
Total stockholders' equity before non-controlling interests           65     65    
Total equity $ 43       $ 54 65     65 $ 54  
Over accrual of Accrued contract costs and cost of services | Adjustments                      
Consolidated Income Statement and Statement of Comprehensive Income                      
Cost of services                 (30)    
Provision for income taxes                 8    
Consolidated Balance Sheet and Equity Statement                      
Accrued contract costs           $ (30)     $ (30)