XML 64 R35.htm IDEA: XBRL DOCUMENT v3.22.4
Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The summarized results of our discontinued operations were as follows:
Years Ended December 31,
202220212020
Total revenue$371 $1,157 $1,025 
Total cost of revenue(1)
177 587 550 
Other operating expenses(2)
182 233 208 
Operating income12 337 267 
Total other income (expense), net9 101 (7)
Net income from discontinued operations before income taxes
21 438 260 
Gain on sale of discontinued operations before income taxes4,927 — — 
Total net income from discontinued operations before income taxes
4,948 438 260 
Income tax expense(1,075)(72)(7)
Net income from discontinued operations, net of tax included in the consolidated statement of operations$3,873 $366 $253 
(1) Excludes D&A.
(2) Includes D&A of $79 million and $105 million for the years ended December 31, 2021 and 2020, respectively, stock-based compensation of $18 million, $24 million and $5 million for the years ended December 31, 2022, 2021 and 2020, respectively, and direct transaction closing fees of $87 million for the year ended December 31, 2022. Due to the discontinued operations classification of the Divested Businesses as of the third quarter of 2021, D&A ceased and is not included for the year ended December 31, 2022.
The following table summarizes the major classes of assets and liabilities of businesses held for sale.
As of
December 31, 2021
ASSETS
Cash and cash equivalents$44 
Restricted cash22 
Receivables, net 214 
Inventories94 
Prepaid expenses deposits and other current assets123 
Total current assets of businesses held for sale497 
Property and equipment, net217 
Intangible assets and software, net304 
Goodwill623 
Equity investments251 
Other assets82 
Total non-current assets of businesses held for sale1,477 
Total assets of businesses held for sale$1,974 
LIABILITIES
Accounts payable$95 
Accrued liabilities and other187 
Total current liabilities of businesses held for sale282 
Operating lease liabilities34 
Other90 
Total non-current liabilities of businesses held for sale124 
Total liabilities of businesses held for sale$406