XML 39 R30.htm IDEA: XBRL DOCUMENT v3.22.2.2
Segments (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Business Segment Information

Business Segment Information

 

 

Three Months Ended September 30,

Nine Months Ended September 30,

 

 

(IN MILLIONS)

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

Revenues

 

$

888

 

$

882

 

$

2,647

 

$

2,606

 

 

Operating income

 

 

218

 

 

222

 

 

628

 

 

694

 

 

Depreciation and amortization

 

 

129

 

 

129

 

 

386

 

 

382

 

 

Restructuring charges (1)

 

 

4

 

 

6

 

 

18

 

 

12

 

 

Share-based compensation expense

 

 

10

 

 

10

 

 

28

 

 

26

 

 

Other items (2)

 

 

16

 

 

15

 

 

60

 

 

26

 

 

Adjusted EBITDA (3)

 

$

377

 

 

382

 

$

1,120

 

$

1,140

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets as of September 30, 2022

 

$

10,968

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets as of December 31, 2021

 

 

 

 

$

10,820

 

 

 

 

 

 

 

 

 

    

 

(1)

For the three months ended September 30, 2022, restructuring charges primarily consist of real estate consolidation as well as severance expenses. For the three months ended September 30, 2021, restructuring charges primarily consist of real estate consolidation.

 

(2)

For the three and nine months ended September 30, 2022, other items primarily consist of business optimization costs and transaction related costs, including costs related to the Transaction. For the three and nine months ended September 30, 2021, other items primarily consist of business optimization costs and transaction related costs.

 

(3)

The CODM uses Adjusted EBITDA to measure performance and allocate resources from period to period.