XML 18 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Current Assets      
Cash and cash equivalents $ 250 $ 372  
Receivables, net 678 515  
Other current assets 379 302  
Total Current Assets Before Fiduciary Assets 1,307 1,189  
Fiduciary assets 1,509 1,280  
Total Current Assets 2,816 2,469  
Goodwill 3,679 3,638  
Intangible assets, net 3,872 4,170  
Fixed assets, net 320 236  
Deferred tax assets, net 6 3  
Other assets 542 472  
Total Assets 11,235 10,988  
Current Liabilities      
Accounts payable and accrued liabilities 508 406  
Current portion of long-term debt, net 31 38  
Other current liabilities 300 401  
Total Current Liabilities Before Fiduciary Liabilities 839 845  
Fiduciary liabilities 1,509 1,280  
Total Current Liabilities 2,348 2,125  
Deferred tax liabilities 60 36  
Long-term debt, net 2,792 2,830  
Long-term tax receivable agreement 568 581  
Financial instruments 97 135  
Other liabilities 281 353  
Total Liabilities 6,146 6,060  
Commitments and Contingencies (Note 19)  
Stockholders' Equity      
Treasury stock, at cost (1,506,385 shares and none at December 31, 2022 and 2021, respectively) (12)    
Additional paid-in-capital 4,514 4,228  
Retained deficit (158) (96)  
Accumulated other comprehensive income 95 8  
Total Alight, Inc. Equity 4,439 4,140  
Noncontrolling Interest 650 788  
Total Stockholders' Equity 5,089 4,928  
Total Liabilities and Stockholders' Equity $ 11,235 $ 10,988