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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 846 $ 1,011
Restricted cash 1 1
Short-term investments 66 372
Receivables, net of allowances of $68 and $62 at June 30, 2025 and December 31, 2024, respectively 982 1,121
Inventories 9 8
Prepaids and other assets 182 174
Prepaid income taxes 95 46
Current assets held for sale 138 0
Total current assets 2,319 2,733
Equity method investments 221 189
Property and equipment, net 1,729 1,689
Financing receivables, net of allowances of $43 and $36 at June 30, 2025 and December 31, 2024, respectively 438 368
Operating lease right-of-use assets 344 328
Goodwill 3,450 2,541
Intangibles, net 2,314 2,167
Deferred tax assets 497 466
Other assets 2,816 2,843
Long-term assets held for sale 1,779 0
TOTAL ASSETS 15,907 13,324
CURRENT LIABILITIES:    
Current maturities of long-term debt 407 456
Accounts payable 476 475
Accrued expenses and other current liabilities 625 565
Current contract liabilities 1,451 1,553
Accrued compensation and benefits 191 192
Current operating lease liabilities 35 33
Current liabilities held for sale 109 0
Total current liabilities 3,294 3,274
Long-term debt 5,627 3,326
Long-term contract liabilities 898 843
Long-term operating lease liabilities 256 245
Other long-term liabilities 1,912 1,810
Long-term liabilities held for sale 33 0
Total liabilities 12,020 9,498
Commitments and contingencies (Note 13)
EQUITY:    
Preferred stock, $0.01 par value per share, 10,000,000 shares authorized and none outstanding at both June 30, 2025 and December 31, 2024 0 0
Common stock 1 1
Additional paid-in capital 27 0
Retained earnings 3,667 3,815
Accumulated other comprehensive loss (134) (269)
Total stockholders' equity 3,561 3,547
Noncontrolling interests 326 279
Total equity 3,887 3,826
TOTAL LIABILITIES AND EQUITY $ 15,907 $ 13,324