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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net revenues $ 6,558 $ 3,940 $ 3,587
Cost of revenues 4,844 3,001 2,831
Gross profit 1,714 939 756
Selling, general, and administrative expenses 1,552 803 725
Impairment of goodwill     197
Operating income (loss) 162 136 (166)
Interest expense, net 125 60 52
(Gain) loss on extinguishment of debt, net (5) 9  
Non-service pension benefit (42)    
Investment income and other, net (9) (12) (34)
Other expense, net 69 57 18
Income before income taxes 93 79 (184)
Income tax provision (benefit) 20 32 (31)
Net income (loss) 73 47 (153)
Net income (loss) attributable to common shareholders:      
Accrued stock dividend on Series A Preferred Stock   (184) (222)
Stock dividend on Series B Preferred Stock (44)    
Net income (loss) attributable to common shareholders $ 29 $ (137) $ (375)
Net income (loss) per common share:      
Basic $ 0.10 $ (0.67) $ (2.21)
Diluted $ 0.10 $ (0.67) $ (2.21)
Weighted average shares outstanding:      
Basic 233,201,569 205,758,208 169,000,000
Diluted 266,080,747 205,758,208 169,000,000