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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 330 $ 1,188
Restricted Cash 3 302
Accounts receivable, net of allowances of $3 and $3 at June 30, 2022 and December 31, 2021, respectively 1,232 767
Inventories 149 69
Contract assets 480 217
Prepaid expenses and other current assets 167 83
Total current assets 2,361 2,626
Property and equipment, net 388 326
Operating lease right of use assets 226 101
Goodwill 2,226 1,106
Intangible assets, net 2,028 882
Deferred tax assets 63 73
Pension and post-retirement assets 617  
Other assets 145 45
Total assets 8,054 5,159
Current liabilities:    
Short-term and current portion of long-term debt 3 1
Accounts payable 448 236
Contingent consideration and compensation liabilities 23 22
Accrued salaries and wages 275 209
Contract liabilities 421 243
Operating and finance leases 64 27
Other accrued liabilities 219 129
Total current liabilities 1,453 867
Long-term debt, less current portion 2,814 1,766
Pension and post-retirement obligations 69  
Contingent consideration and compensation liabilities 12 10
Operating and finance leases 172 79
Deferred tax liabilities 454 43
Other noncurrent liabilities 127 71
Total liabilities 5,101 2,836
Commitments and contingencies (Note 17)
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 June 30, 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 June 30, 2022 and December 31, 2021
Common Stock, $0.0001 par value, 500,000,000 authorized shares, 233,218,322 shares and 224,625,193 shares issued at June 30, 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 2,564 2,560
Accumulated deficit (214) (237)
Accumulated other comprehensive income (loss) (194)  
Total shareholders’ equity 2,156 2,323
Total liabilities, redeemable convertible preferred stock, and shareholders' equity $ 8,054 $ 5,159