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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue $ 725 $ 689
Cost of services, exclusive of depreciation and amortization 491  
Depreciation and amortization 11  
Gross Profit 223  
Operating Expenses    
Selling, general and administrative 140  
Depreciation and intangible amortization 85  
Total operating expenses 225  
Operating (Loss) Income (2) 46
Other Expense    
Gain from change in fair value of financial instruments (13)  
Gain from change in fair value of tax receivable agreement (5)  
Interest expense 29 62
Other (income) expense, net (1) 8
Total other expense, net 10  
Loss Before Income Tax Expense (Benefit) (12) (24)
Income tax expense (benefit) 1  
Net Loss (13)  
Net loss attributable to noncontrolling interests (2)  
Net Loss Attributable to Alight, Inc. $ (11)  
Earnings Per Share    
Basic net loss per share $ (0.02)  
Diluted net loss per share $ (0.02)  
Other comprehensive income, net of tax:    
Change in fair value of derivatives $ 47  
Foreign currency translation adjustments (3)  
Total other comprehensive income, net of tax: 44  
Comprehensive Income Before Noncontrolling Interests 31  
Comprehensive income attributable to noncontrolling interests 6  
Comprehensive Income Attributable to Alight, Inc. $ 25  
Alight Holdings    
Revenue   689
Cost of services, exclusive of depreciation and amortization   452
Depreciation and amortization   19
Gross Profit   218
Operating Expenses    
Selling, general and administrative   117
Depreciation and intangible amortization   55
Total operating expenses   172
Operating (Loss) Income   46
Other Expense    
Interest expense   62
Other (income) expense, net   8
Total other expense, net   70
Loss Before Income Tax Expense (Benefit)   (24)
Income tax expense (benefit)   (3)
Net Loss   (21)
Net Loss Attributable to Alight, Inc.   (21)
Other comprehensive income, net of tax:    
Change in fair value of derivatives   17
Foreign currency translation adjustments   4
Total other comprehensive income, net of tax:   $ 21