Other Financial Data (Tables)

12 Months Ended

Dec. 31, 2021

Other Financial Data [Abstract]

Summary of Components of Receivables, Net

The components of Receivables, net are as follows (in millions):

	Successor			Predecessor
	December 31,			December 31,
	2021			2020
Billed and unbilled receivables	$	520		$	547
Allowance for expected credit losses		(5	)		(15	)
Balance at end of period	$	515		$	532

Summary of Components of Other Current Assets

The components of Other current assets are as follows (in millions):

	Successor		Predecessor
	December 31,		December 31,
	2021		2020
Deferred project costs	$	39	$	53
Prepaid expenses		66		57
Commissions receivable		148		32
Other		49		21
Total	$	302	$	163

Summary of Components of Other Assets

The components of Other assets are as follows (in millions):

	Successor		Predecessor
	December 31,		December 31,
	2021		2020
Deferred project costs	$	274	$	228
Operating lease right of use asset		120		129
Commissions receivable		34		25
Other		44		26
Total	$	472	$	408

Summary of Components of Fixed Assets, Net

The components of Fixed assets, net are as follows (in millions):

	Successor		Predecessor
	December 31,		December 31,
	2021		2020
Capitalized software	$	55	$	242
Leasehold improvements		40		63
Computer equipment		102		192
Furniture, fixtures and equipment		12		21
Construction in progress		58		28
Total Fixed assets, gross		267		546
Less: Accumulated depreciation		31		212
Fixed assets, net	$	236	$	334

Summary of Components of Other Current Liabilities

The components of Other current liabilities are as follows (in millions):

	Successor		Predecessor
	December 31,		December 31,
	2021		2020
Deferred revenue	$	148	$	148
Operating lease liabilities		44		41
Finance lease liabilities		27		28
Other		182		107
Total	$	401	$	324

Summary of Components of Other Liabilities

The components of Other liabilities are as follows (in millions):

	Successor		Predecessor
	December 31,		December 31,
	2021		2020
Deferred revenue	$	55	$	60
Operating lease liabilities		139		155
Finance lease liabilities		34		59
Unrecognized tax positions		44		48
Other		81		125
Total	$	353	$	447