Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2022

Discontinued Operations And Disposal Groups [Abstract]

Schedule of Discontinued Operations

The following table summarizes the major classes of line items constituting net income from discontinued operations, net of tax:

		Three Months Ended March 31,
(IN MILLIONS)		2022	2021
Operations
Revenues	$	-	$	452
Cost of revenues, exclusive of depreciation and amortization shown separately below		-		264
Selling, general and administrative expenses, exclusive of depreciation and amortization shown separately below		-		229
Depreciation and amortization		-		36
Restructuring charges		-		6
Operating income/(loss)		-		(83	)
Other income and expenses (1)		4		(13	)
Income/(loss) from discontinued operations before income taxes		4		(96	)
Benefit/(provision) for income taxes		-		21
Net income/(loss) from discontinued operations	$	4	$	(75	)
Disposal
Gain on disposal before income taxes	$	-	$	379
Benefit/(provision) for income taxes		-		163
Gain on disposal, net of taxes		-		542
Net income/(loss) from discontinued operations		4		467
Net income/(loss) from discontinued operations attributable to noncontrolling interests		-		-
Net income/(loss) from discontinued operations attributable to Nielsen shareholders	$	4	$	467

(1) Net income of $4 million in 2022 represents the true up of estimated receivables from and payables to affiliates of Advent under tax indemnification arrangements for certain liabilities to various taxing authorities.

The following table provides operating and investing cash flows for Nielsen’s discontinued operations for the three months ended March 31, 2021 (in millions):

		March 31,
(IN MILLIONS)		2021
		(Unaudited)
Net cash flows used in operating activities	$	(213	)
Net cash flows used in investing activities		(26	)