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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
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:              
Depreciation of property and equipment 228 246 331 339 1,300 1,445 1,469
Depreciation of right-of-use assets 85 103 84 99 327 424 429
Amortization of transition costs and prepaid software 293 319 341 323 1,278 1,379 1,305
Amortization of capitalized contract costs 111 136 156 160 563 683 803
Amortization of intangible assets 14 7 10 7 37 29 29
Goodwill impairment 0 0 0 0 469    
Stock-based compensation 26 31 18 16 71 64 51
Deferred taxes 46 (10) (31) 17 (401) (52) (33)
Net (gain) loss on asset sales and other 2 12 (5) (1) 11 4 1
Change in operating assets and liabilities:              
Deferred costs (excluding amortization) (369) (672) (509) (548) (1,618) (1,917) (1,802)
Right-of-use assets and liabilities (excluding depreciation) (84) (117) (105) (118) (374) (372) (418)
Workforce rebalancing liabilities 6 (73) (74) (138) (341) 560 27
Receivables 222 (31) (55) (138) (1,076) 387 23
Accounts payable (14) 384 3 (99) 125 70 33
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)
Net cash provided by (used in) operating activities 104 189 (161) (328) (119) 628 1,134
Cash flows from investing activities:              
Payments for property and equipment (213) (180) (227) (180) (752) (1,036) (1,190)
Proceeds from disposition of property and equipment 7 9 16 93 194 84 63
Other investing activities, net (13) (53)   (13) (14) (1) (2)
Net cash used in investing activities (218) (225) (211) (100) (572) (953) (1,128)
Cash flows from financing activities:              
Debt repayments (28) (28) (19) (17) (91) (66) (18)
Proceeds from issuance of debt, net of debt issuance costs     140   3,038    
Net transfers from Parent     243 460 (30) 377 18
Short-term borrowings (repayments), net   (2)          
Common stock repurchases for tax withholdings (13) (3)     (1)    
Other financing activities, net   (10)          
Net cash provided by (used in) financing activities (41) (43) 364 443 2,915 312 0
Effect of exchange rate changes on cash, cash equivalents and restricted cash (111) (7) 1 (3) (22) 1 (1)
Net change in cash, cash equivalents and restricted cash (266) (86) (7) 13 2,203 (13) 5
Cash, cash equivalents and restricted cash at January 1 2,154 2,240 50 38 38 50 46
Cash, cash equivalents and restricted cash at March 31 1,888 2,154 $ 43 $ 50 2,240 $ 38 $ 50
Supplemental data              
Income taxes paid, net of refunds received 8 47     12    
Interest paid on debt $ 38 $ 3     $ 2