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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ (2,304) $ (2,007) $ (939)
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation of property and equipment 1,300 1,445 1,469
Depreciation of right-of-use assets 327 424 429
Amortization of transition costs and prepaid software 1,278 1,379 1,305
Amortization of capitalized contract costs 563 683 803
Amortization of intangible assets 37 29 29
Goodwill impairment 469    
Stock-based compensation 71 64 51
Deferred taxes (401) (52) (33)
Net (gain) loss on asset sales and other 11 4 1
Change in operating assets and liabilities:      
Deferred costs (excluding amortization) (1,618) (1,917) (1,802)
Right-of-use assets and liabilities (excluding depreciation) (374) (372) (418)
Workforce rebalancing liabilities (341) 560 27
Receivables (1,076) 387 23
Accounts payable 125 70 33
Taxes (including items settled with former Parent in prior-year period) 994 299 399
Other assets and other liabilities 822 (365) (244)
Net cash provided by (used in) operating activities (119) 628 1,134
Cash flows from investing activities:      
Payments for property and equipment (752) (1,036) (1,190)
Proceeds from disposition of property and equipment 194 84 63
Other investing activities, net (14) (1) (2)
Net cash used in investing activities (572) (953) (1,128)
Cash flows from financing activities:      
Debt repayments (91) (66) (18)
Proceeds from issuance of debt, net of debt issuance costs 3,038    
Net transfers from Parent (30) 377 18
Common stock repurchases for tax withholdings (1)    
Net cash provided by (used in) financing activities 2,915 312 0
Effect of exchange rate changes on cash, cash equivalents and restricted cash (22) 1 (1)
Net change in cash, cash equivalents and restricted cash 2,203 (13) 5
Cash, cash equivalents and restricted cash at January 1 38 50 46
Cash, cash equivalents and restricted cash at March 31 2,240 $ 38 $ 50
Supplemental data      
Income taxes paid, net of refunds received 12    
Interest paid on debt $ 2