CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 170	$ 354
Investments	75	76
Restricted cash, cash equivalents and investments	833	1,263
Accounts receivable, net	21	19
Unbilled revenue, net	404	375
Prepaid expenses, net	75	71
Other payroll assets	226	122
Other current assets	49	46
Total current assets	1,853	2,326
Restricted cash, cash equivalents and investments, noncurrent	154	153
Investments, noncurrent	143	151
Property and equipment, net	16	24
Operating lease right-of-use asset	24	31
Goodwill	462	462
Software and other intangible assets, net	169	163
Other assets	145	133
Total assets	2,966	3,443
Current liabilities:
Accounts payable and other current liabilities	109	98
Client deposits and other client liabilities	73	106
Accrued wages	458	437
Accrued health insurance costs, net	183	174
Accrued workers' compensation costs, net	51	54
Payroll tax liabilities and other payroll withholdings	804	1,087
Operating lease liabilities	15	15
Insurance premiums and other payables	10	17
Total current liabilities	1,703	1,988
Long-term debt, noncurrent	1,091	496
Accrued workers' compensation costs, noncurrent, net	122	128
Deferred taxes	5	8
Operating lease liabilities, noncurrent	30	41
Other non-current liabilities	5	7
Total liabilities	2,956	2,668
Commitments and contingencies
Stockholders' equity:
Preferred stock, ($0.000025 par value per share; 20,000,000 shares authorized; no shares issued or outstanding at September 30, 2023 and December 31, 2022)	0	0
Common stock and additional paid-in capital, ($0.000025 par value per share; 750,000,000 shares authorized; 50,507,590 and 60,555,661 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively)	953	899
Accumulated deficit	(935)	(119)
Accumulated other comprehensive loss	(8)	(5)
Total stockholders' equity	10	775
Total liabilities & stockholders' equity	$ 2,966	$ 3,443