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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 645 $ 912
Accounts receivable, net of allowances of $16 and $14 at March 31, 2026 and December 31, 2025, respectively 1,545 1,563
Inventories 156 145
Contract assets 538 484
Prepaid expenses and other current assets 140 125
Total current assets 3,024 3,229
Property and equipment, net 401 397
Operating lease right-of-use assets 294 301
Goodwill 3,326 3,167
Intangible assets, net 1,623 1,584
Deferred tax assets 20 40
Pension and post-retirement assets 123 129
Other assets 155 89
Total assets 8,966 8,936
Current liabilities:    
Short-term and current portion of long-term debt 5 5
Accounts payable 506 526
Contingent consideration and compensation liabilities 86 60
Accrued salaries and wages 322 444
Contract liabilities 773 694
Operating and finance leases 97 98
Other accrued liabilities 318 323
Total current liabilities 2,107 2,150
Long-term debt, less current portion 2,755 2,754
Pension and post-retirement obligations 49 50
Contingent consideration and compensation liabilities 11 8
Operating and finance leases 213 215
Deferred tax liabilities 200 205
Other noncurrent liabilities 145 146
Total liabilities 5,480 5,528
Commitments and contingencies (Note 14)
Shareholders’ equity:    
Series A Preferred Stock, $0.0001 par value; 7,000,000 authorized shares; 4,000,000 shares issued and outstanding at March 31, 2026 and December 31, 2025 0 0
Common stock, $0.0001 par value; 1,000,000,000 authorized shares at March 31, 2026 and December 31, 2025; 433,227,989 shares and 415,915,273 shares issued at March 31, 2026 and December 31, 2025, respectively (excluding 15,212,810 shares declared for stock dividend at December 31, 2025) 0 0
Additional paid-in capital 3,309 3,296
Retained earnings 574 517
Accumulated other comprehensive loss (397) (405)
Total shareholders’ equity 3,486 3,408
Total liabilities and shareholders’ equity $ 8,966 $ 8,936