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Segment Information (Tables)
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Summary of Reconciliation Operating Income to EBITDA

Summarized financial information for the Company’s reportable segments is presented and reconciled to consolidated financial information in the following tables, including a reconciliation of consolidated operating income (loss) to EBITDA. The tables below may contain slight summation differences due to rounding:

 

 

 

Three Months Ended June 30, 2022

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

Net revenues

 

$

1,146

 

 

$

518

 

 

$

(15

)

 

$

1,649

 

EBITDA Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

63

 

 

$

32

 

 

$

(36

)

 

$

59

 

Plus:

 

 

 

 

 

 

 

 

 

 

 

 

Investment income and other, net

 

 

1

 

 

 

2

 

 

 

(1

)

 

 

2

 

Non-service pension benefit

 

 

11

 

 

 

 

 

 

 

 

 

11

 

Depreciation

 

 

5

 

 

 

11

 

 

 

3

 

 

 

19

 

Amortization

 

 

41

 

 

 

15

 

 

 

1

 

 

 

57

 

EBITDA

 

$

121

 

 

$

60

 

 

$

(33

)

 

$

148

 

Total assets

 

$

6,156

 

 

$

1,305

 

 

$

593

 

 

$

8,054

 

Capital expenditures

 

 

5

 

 

 

15

 

 

 

2

 

 

 

22

 

 

 

 

Three Months Ended June 30, 2021

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

Net revenues

 

$

512

 

 

$

476

 

 

$

(10

)

 

$

978

 

EBITDA Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

52

 

 

$

24

 

 

$

(29

)

 

$

47

 

Plus:

 

 

 

 

 

 

 

 

 

 

 

 

Investment income and other, net

 

 

2

 

 

 

3

 

 

 

1

 

 

 

6

 

Loss on extinguishment of debt

 

 

 

 

 

 

 

 

(9

)

 

 

(9

)

Depreciation

 

 

1

 

 

 

17

 

 

 

2

 

 

 

20

 

Amortization

 

 

18

 

 

 

14

 

 

 

 

 

 

32

 

EBITDA

 

$

73

 

 

$

58

 

 

$

(35

)

 

$

96

 

Total assets

 

$

2,141

 

 

$

1,285

 

 

$

817

 

 

$

4,243

 

Capital expenditures

 

 

1

 

 

 

15

 

 

 

 

 

 

16

 

 

 

 

Six Months Ended June 30, 2022

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

Net revenues

 

$

2,220

 

 

$

930

 

 

$

(30

)

 

$

3,120

 

EBITDA Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

126

 

 

$

25

 

 

$

(99

)

 

$

52

 

Plus:

 

 

 

 

 

 

 

 

 

 

 

 

Investment income and other, net

 

 

1

 

 

 

3

 

 

 

(2

)

 

 

2

 

Non-service pension benefit

 

 

22

 

 

 

 

 

 

 

 

 

22

 

Depreciation

 

 

12

 

 

 

23

 

 

 

3

 

 

 

38

 

Amortization

 

 

83

 

 

 

29

 

 

 

2

 

 

 

114

 

EBITDA

 

$

244

 

 

$

80

 

 

$

(96

)

 

$

228

 

Total assets

 

$

6,156

 

 

$

1,305

 

 

$

593

 

 

$

8,054

 

Capital expenditures

 

 

11

 

 

 

21

 

 

 

2

 

 

 

34

 

 

 

 

Six Months Ended June 30, 2021

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

Net revenues

 

$

978

 

 

$

820

 

 

$

(17

)

 

$

1,781

 

EBITDA Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

97

 

 

$

6

 

 

$

(58

)

 

$

45

 

Plus:

 

 

 

 

 

 

 

 

 

 

 

 

Investment income and other, net

 

 

5

 

 

 

4

 

 

 

 

 

 

9

 

Loss on extinguishment of debt

 

 

 

 

 

 

 

 

(9

)

 

 

(9

)

Depreciation

 

 

3

 

 

 

33

 

 

 

3

 

 

 

39

 

Amortization

 

 

33

 

 

 

29

 

 

 

1

 

 

 

63

 

EBITDA

 

$

138

 

 

$

72

 

 

$

(63

)

 

$

147

 

Total assets

 

$

2,141

 

 

$

1,285

 

 

$

817

 

 

$

4,243

 

Capital expenditures

 

 

2

 

 

 

32

 

 

 

 

 

 

34