Share-Based Compensation Expense (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Summary of Unit Activity

The following tables summarizes the unit activity related to the RSUs and PRSUs during the nine months ended September 30, 2022:

				Weighted					Weighted
				Average					Average
				Grant Date					Grant Date
				Fair Value					Fair Value
	RSUs(1)			Per Unit		PRSUs(1)(2)			Per Unit
Balance as of December 31, 2021		7,148,416		$	12.27		16,743,113		$	11.20
Granted		4,987,126			9.01		13,919,562			11.64
Vested		(498,081	)		10.41		—			—
Forfeited		(1,206,180	)		11.67		(2,269,972	)		11.97
Balance as of September 30, 2022		10,431,281		$	10.85		28,392,703		$	11.30

(1) These share totals include both unvested shares and restricted stock units.

(2) PRSUs granted includes both new grants in the period as well as adjustments in the period to existing grants to account for the expected level of achievement of the performance-based vesting requirements.

Schedule of Share-Based Compensation Costs Related to RSUs and PRSUs

Total share-based compensation costs related to the RSUs and PRSUs are recorded in the Condensed Consolidated Statements of Comprehensive Income (Loss) as follows (in millions):

	Successor						Predecessor
	Three Months Ended		Nine Months Ended		Three Months Ended		Six Months Ended
	September 30,		September 30,		September 30,		June 30,
	2022		2022		2021		2021
Cost of services, exclusive of depreciation and amortization	$	12	$	29	$	3	$	1
Selling, general and administrative		42		100		12		4
Total share-based compensation expense	$	54	$	129	$	15	$	5