XML 52 R40.htm IDEA: XBRL DOCUMENT v3.23.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2023
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:

 

 

 

Three Months Ended June 30, 2023

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

Net revenues

 

$

1,225

 

 

$

555

 

 

$

(9

)

 

$

1,771

 

EBITDA Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

98

 

 

$

41

 

 

$

(32

)

 

$

107

 

Plus:

 

 

 

 

 

 

 

 

 

 

 

 

Investment income and other, net

 

 

 

 

 

3

 

 

 

 

 

 

3

 

Non-service pension benefit

 

 

3

 

 

 

 

 

 

 

 

 

3

 

Loss on extinguishment of debt, net

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

 

7

 

 

 

12

 

 

 

 

 

 

19

 

Amortization

 

 

42

 

 

 

13

 

 

 

1

 

 

 

56

 

EBITDA

 

$

150

 

 

$

69

 

 

$

(31

)

 

$

188

 

Total assets

 

$

6,107

 

 

$

1,328

 

 

$

539

 

 

$

7,974

 

Capital expenditures

 

 

9

 

 

 

16

 

 

 

 

 

 

25

 

 

 

 

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

 

 

 

 

 

Six Months Ended June 30, 2023

 

 

 

Safety
Services

 

 

Specialty
Services

 

 

Corporate and
Eliminations

 

 

Consolidated

 

Net revenues

 

$

2,416

 

 

$

985

 

 

$

(16

)

 

$

3,385

 

EBITDA Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

$

194

 

 

$

41

 

 

$

(55

)

 

$

180

 

Plus:

 

 

 

 

 

 

 

 

 

 

 

 

Investment income and other, net

 

 

 

 

 

5

 

 

 

 

 

 

5

 

Non-service pension benefit

 

 

6

 

 

 

 

 

 

 

 

 

6

 

Loss on extinguishment of debt, net

 

 

 

 

 

 

 

 

(3

)

 

 

(3

)

Depreciation

 

 

13

 

 

 

24

 

 

 

1

 

 

 

38

 

Amortization

 

 

83

 

 

 

26

 

 

 

2

 

 

 

111

 

EBITDA

 

$

296

 

 

$

96

 

 

$

(55

)

 

$

337

 

Total assets

 

$

6,107

 

 

$

1,328

 

 

$

539

 

 

$

7,974

 

Capital expenditures

 

 

14

 

 

 

31

 

 

 

1

 

 

 

46

 

 

 

 

 

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