XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 315 $ 1,188
Restricted Cash 3 302
Accounts receivable, net of allowances of $3 at March 31, 2022 and December 31, 2021 1,184 767
Inventories 142 69
Contract assets 452 217
Prepaid expenses and other current assets 131 83
Total current assets 2,227 2,626
Property and equipment, net 384 326
Operating lease right of use assets 244 101
Goodwill 2,310 1,106
Intangible assets, net 2,182 882
Deferred tax assets 70 73
Pension and post-retirement assets 653  
Other assets 72 45
Total assets 8,142 5,159
Current liabilities:    
Short-term and current portion of long-term debt 2 1
Accounts payable 391 236
Contingent consideration and compensation liabilities 23 22
Accrued salaries and wages 251 209
Contract liabilities 422 243
Operating and finance leases 64 27
Other accrued liabilities 214 129
Total current liabilities 1,367 867
Long-term debt, less current portion 2,812 1,766
Pension and post-retirement obligations 73  
Contingent consideration and compensation liabilities 11 10
Operating and finance leases 189 79
Deferred tax liabilities 489 43
Other noncurrent liabilities 126 71
Total liabilities 5,067 2,836
Commitments and contingencies (Note 16)
Mezzanine equity:    
5.5% Series B Redeemable Convertible Preferred Stock, $0.0001 par value, 800,000 authorized shares, 800,000 shares and 0 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively; aggregate liquidation preference of $840 797  
Shareholders’ equity:    
Series A Preferred Stock, $0.0001 par value, 7,000,000 authorized shares, 4,000,000 shares issued and outstanding at March 31, 2022 and December 31, 2021
Common Stock, $0.0001 par value, 500,000,000 authorized shares, 233,188,612 shares and 224,625,193 shares issued at March 31, 2022 and December 31, 2021, respectively (excluding 7,539,697 shares declared for stock dividend at December 31, 2021) 0 0
Additional paid-in capital 2,583 2,560
Accumulated deficit (255) (237)
Accumulated other comprehensive income (loss) (50)  
Total shareholders’ equity 2,278 2,323
Total liabilities, redeemable convertible preferred stock, and shareholders' equity $ 8,142 $ 5,159