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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Cash flows from operating activities:      
Net income $ 45 $ 26  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 19 19  
Amortization 50 55  
Restructuring charges, net of cash paid (8) 0  
Share-based compensation expense 8 5  
Profit-sharing expense 6 5  
Non-cash lease expense 26 18  
Net periodic pension cost (benefit) 4 (3)  
Loss on extinguishment of debt, net 0 3  
Other, net (13) (5)  
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable 128 96  
Contract assets (26) (30)  
Prepaid expenses and other current assets (7) (15)  
Accounts payable (86) (47)  
Accrued liabilities and income taxes payable (128) (112)  
Contract liabilities 19 5  
Other assets and liabilities (30) (21)  
Net cash provided by (used in) operating activities 7 (1)  
Cash flows from investing activities:      
Acquisitions, net of cash acquired (23) (10)  
Purchases of property and equipment (22) (21)  
Proceeds from sales of property and equipment 23 4  
Net cash used in investing activities (22) (27)  
Cash flows from financing activities:      
Net short-term debt 100 0  
Proceeds from long-term borrowings 300 0  
Payments on long-term borrowings (2) (202)  
Repurchases of common stock 0 (12)  
Conversion of Series B Preferred Stock (600) 0  
Restricted shares tendered for taxes (11) (2)  
Net cash used in financing activities (213) (216)  
Effect of foreign currency exchange rate change on cash, cash equivalents, and restricted cash (4) 2  
Net decrease in cash, cash equivalents, and restricted cash (232) (242)  
Cash, cash equivalents, and restricted cash, beginning of period 480 607 $ 607
Cash, cash equivalents, and restricted cash, end of period 248 365 $ 480
Supplemental cash flow disclosures:      
Cash paid for interest, net of interest income 36 27  
Cash paid for income taxes, net of refunds 35 19  
Accrued consideration issued in business combinations 5 1  
Shares of common stock issued to profit sharing plan 18 14  
Shares of common stock issued for conversion of Series B Preferred Stock $ 569 $ 0