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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities    
Net income $ 307 $ 269
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 72 63
Amortization of ROU asset, lease modification and impairment 15 10
Stock based compensation 46 37
Deferred income taxes 1 0
Provision for doubtful accounts 1 0
Loss from sales and impairments of investments 18 0
Loss from dispositions of assets 3 0
Other 2 4
Changes in operating assets and liabilities:    
Accounts receivable, net 10 10
Unbilled revenue, net (38) (59)
Other assets and prepaid expenses, net (83) (44)
Accounts payable and other liabilities 5 16
Client deposits and other client liabilities (43) (14)
Accrued wages 40 246
Accrued health insurance costs, net (10) (10)
Accrued workers' compensation costs, net (5) (6)
Payroll taxes payable and other payroll withholdings (252) (528)
Operating lease liabilities (13) (10)
Net cash provided by (used in) operating activities 76 (16)
Investing activities    
Purchases of marketable securities (337) (348)
Proceeds from sale and maturity of marketable securities 390 232
Purchases of property and equipment (39) (29)
Acquisition of subsidiaries, net of cash acquired (219) 0
Net cash used in investing activities (205) (145)
Financing activities    
Repurchase of common stock (383) (94)
Proceeds from issuance of common stock 6 6
Awards effectively repurchased for required employee withholding taxes (15) (13)
Payment of long-term financing fees and debt issuance costs 0 (9)
Proceeds from issuance of 2029 Notes 0 500
Repayment of debt 0 (370)
Net cash provided by (used in) financing activities (392) 20
Net decrease in cash and cash equivalents, unrestricted and restricted (521) (141)
Cash and cash equivalents, unrestricted and restricted:    
Beginning of period 1,738 1,643
End of period 1,217 1,502
Supplemental disclosures of cash flow information    
Interest paid 18 11
Income taxes (refund) paid, net 60 83
Supplemental schedule of noncash investing and financing activities    
Payable for purchase of property and equipment 7 3
Payable for acquisition of subsidiaries $ 4 $ 0