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Segment information (Tables)
9 Months Ended
Sep. 30, 2021
Segment information  
Summary of operating performance of the reporting segments

Three Months Ended September 30, 

Nine Months Ended September 30, 

2021

    

2020

2021

    

2020

Revenues:

  

 

  

 

  

 

  

Earth Intelligence

$

271

$

274

$

804

$

823

Space Infrastructure

 

180

 

181

 

541

 

497

Intersegment eliminations

(14)

(19)

(43)

(64)

Total revenues

$

437

$

436

$

1,302

$

1,256

Adjusted EBITDA:

Earth Intelligence

$

124

$

128

$

362

$

407

Space Infrastructure

14

12

29

(16)

Intersegment eliminations

(5)

(7)

(17)

(21)

Corporate and other expenses

(20)

(21)

(62)

(43)

Transaction and integration related expense

(1)

(2)

(1)

(6)

Impairment loss

(14)

Reduction of gain on sale leaseback

(4)

(4)

Gain on remeasurement of Vricon equity interest 1

85

85

Depreciation and amortization

(74)

(95)

(221)

(274)

Interest expense, net

(25)

(36)

(127)

(133)

Interest income 2

1

2

2

3

Equity in income from joint ventures, net of tax

(1)

Income (loss) from continuing operations before taxes

$

14

$

62

$

(35)

$

(17)

1 As a result of the Vricon Acquisition, the Company was required to remeasure its previously held equity interest in Vricon at its acquisition date fair value which resulted in a gain of $85 million for the three and nine months ended September 30, 2020. The gain is included in Other (income) expense, net on the Unaudited Condensed Consolidated Statements of Operations.

2

Included in Other income, net on the Unaudited Condensed Consolidated Statements of Operations.

Schedule of capital expenditures by segment

Three Months Ended September 30, 2021

Earth Intelligence

    

Space Infrastructure

    

Corporate and Eliminations

Total

Capital expenditures:

Property, plant and equipment

$

19

$

3

$

5

$

27

Intangible assets

 

22

 

 

2

 

24

$

41

$

3

$

7

$

51

Three Months Ended September 30, 2020

Earth Intelligence

    

Space Infrastructure

    

Corporate and Eliminations

Total

Capital expenditures:

Property, plant and equipment

$

53

$

6

$

11

$

70

Intangible assets

 

23

 

 

3

 

26

$

76

$

6

$

14

$

96

Nine Months Ended September 30, 2021

Earth Intelligence

    

Space Infrastructure

    

Corporate and eliminations

Total

Capital expenditures:

Property, plant and equipment

$

47

$

11

$

26

$

84

Intangible assets

 

64

 

 

8

 

72

$

111

$

11

$

34

$

156

Nine Months Ended September 30, 2020

Earth Intelligence

    

Space Infrastructure

    

Corporate and eliminations

Total

Capital expenditures:

Property, plant and equipment

$

115

$

14

$

29

$

158

Intangible assets

 

59

 

 

7

 

66

$

174

$

14

$

36

$

224