Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2020

Discontinued Operations [Abstract]

Schedule Of Operating Results Of Discontinued Operations

	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2020		2019		2020		2019
Revenue	$	63	$	66	$	128	$	128
Cost of services rendered and products sold		31		27		60		52
Selling and administrative expenses		10		12		22		26
Amortization expense		—		1		1		2
Restructuring and other charges(1)		5		1		9		2
Income before income taxes		18		24		35		47
Provision for income taxes		5		7		9		12
Net earnings from discontinued operations	$	13	$	17	$	26	$	34

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(1)Includes $5 million and $9 million of professional fees and other costs incurred in connection with the strategic evaluation in the three and six months ended June 30, 2020, respectively.

Schedule Of Assets And Liabilities Of Discontinued Operations

	As of		As of
(In millions)	June 30, 2020		December 31, 2019
Assets:
Current Assets:
Receivables, less allowances of $4 and $3, respectively	$	44	$	40
Inventories		4		2
Prepaid expenses and other assets		3		3
Total Current Assets		51		45
Other Assets:
Property and equipment, net		9		8
Operating lease right-of-use assets		2		2
Goodwill		178		183
Intangible assets, primarily trade names, service marks and trademarks, net		626		622
Notes receivable		11		13
Deferred customer acquisition costs		1		1
Other assets		1		1
Total Assets	$	879	$	875
Liabilities and Stockholders' Equity:
Current Liabilities:
Accounts payable	$	11	$	8
Accrued liabilities:
Payroll and related expenses		2		5
Other		27		23
Deferred revenue		4		4
Current portion of lease liability		1		1
Total Current Liabilities		44		40
Other Long-Term Liabilities:
Deferred taxes		2		1
Other long-term obligations		6		6
Long-term lease liability		1		2
Total Liabilities	$	54	$	50

Schedule Of Cash Flows Of Discontinued Operations

	Three Months Ended June 30,
(In millions)	2020		2019
Depreciation	$	—	$	1
Amortization		—		1
Capital expenditures		(1)		(1)