XML 55 R44.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Accrued Expenses and Other Current Liabilities - Details of Accrued Expenses and Other Current Liabilities (Details) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Payables and Accruals [Abstract]    
Accrued employee salary, bonus, and related benefits $ 50 $ 70
Accrued marketing costs 73 67
Interest payable [1] 8 17
Finance lease liabilities - current portion 6 6
Operating lease liabilities - current portion 8 10
Restructuring and other related reorganization costs [2] 8 13
Non-income taxes payable [3] 17 16
Accrued legal contingencies [4] 10 0
Other 56 53
Total $ 236 $ 252
[1] Amount relates primarily to unpaid interest accrued on the 2025 Senior Notes. Refer to “Note 6: Debt” for further information.
[2] During the third quarter of 2023, the Company approved and subsequently initiated a set of actions across its businesses in order to reduce its cost structure, improve operational efficiencies, and realign its workforce with its strategic initiatives. These actions taken by the Company resulted in reduced global headcount. As a result, the Company incurred estimated pre-tax restructuring and other related reorganization costs of $22 million during the year ended December 31, 2023, consisting primarily of employee severance and related benefits. We expect the majority of remaining unpaid costs as of March 31, 2024 to be disbursed during 2024.
[3] Amount relates primarily to digital service taxes.
[4] Refer to “Note 9: Commitments and Contingencies” for further information.