Business Developments and Risks and Uncertainties (Tables)

9 Months Ended

Sep. 30, 2024

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Schedule of Discontinued Operations Components of Assets and Liabilities Held for Sale

The following table summarizes the components of assets and liabilities held for sale:

	As of
In millions	September 30, 2024			December 31, 2023
Assets held for sale
Cash	$	-		$	1
Accounts receivable		2			17
Goodwill		11			90
Other assets		3			9
Loss on disposal group		(4	)		(44	)
Total assets held for sale	$	12		$	73
Liabilities held for sale
Accounts payable	$	1		$	7
Debt		1			39
Accrued expenses and other		5			18
Total liabilities held for sale	$	7		$	64

Schedule of Results of Operations from Discontinued Operation

The results of operations from discontinued operations for the three and nine months ended September 30, 2024 and 2023 consist of the following:

		Three Months Ended September 30,						Nine Months Ended September 30,
In millions		2024			2023			2024			2023
Revenues:
	Revenues	$	11		$	29		$	57		$	92
	Cost of sales		5			15			27			46
	Total revenues from discontinued operations		6			14			30			46
Expenses:
	Operating		6			16			30			53
	Interest		1			1			3			3
	Increase (decrease) on loss on disposal group		-			(2	)		(1	)		(8	)
	Total expenses from discontinued operations		7			15			32			48
Income (loss) before income taxes from discontinued operations			(1	)		(1	)		(2	)		(2	)
Provision (benefit) for income taxes from discontinued operations			-			-			-			-
Income (loss) from discontinued operations, net of income taxes		$	(1	)	$	(1	)	$	(2	)	$	(2	)