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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 239 $ 250
Receivables, net 638 678
Other current assets 312 379
Total Current Assets Before Fiduciary Assets 1,189 1,307
Fiduciary assets 1,387 1,509
Total Current Assets 2,576 2,816
Goodwill 3,680 3,679
Intangible assets, net 3,793 3,872
Fixed assets, net 342 320
Deferred tax assets, net 11 6
Other assets 515 542
Total Assets 10,917 11,235
Current Liabilities    
Accounts payable and accrued liabilities 392 508
Current portion of long-term debt, net 25 31
Other current liabilities 335 300
Total Current Liabilities Before Fiduciary Liabilities 752 839
Fiduciary liabilities 1,387 1,509
Total Current Liabilities 2,139 2,348
Deferred tax liabilities 34 60
Long-term debt, net 2,791 2,792
Long-term tax receivable agreement 594 568
Financial instruments 122 97
Other liabilities 270 281
Total Liabilities 5,950 6,146
Commitments and Contingencies
Stockholders' Equity    
Treasury stock, at cost (2.7 and 1.5 shares at March 31, 2023 and December 31, 2022, respectively) (22) (12)
Additional paid-in-capital 4,690 4,514
Retained deficit (226) (158)
Accumulated other comprehensive loss 81 95
Total Alight, Inc. Stockholders' Equity 4,523 4,439
Noncontrolling interest 444 650
Total Stockholders' Equity 4,967 5,089
Total Liabilities and Stockholders' Equity $ 10,917 $ 11,235