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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net income (loss) $ (146) $ 39
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 50 35
Intangible asset amortization 160 159
Noncash lease expense 11 13
Financing fee and premium amortization (1) (1)
Share-based compensation expense 75 75
(Gain) loss from change in fair value of financial instruments 25 (63)
(Gain) loss from change in fair value of tax receivable agreement 19 (43)
Release of unrecognized tax provision (1)  
Deferred tax expense (benefit) (2) (10)
Other 4  
Changes in operating assets and liabilities, net of business combinations:    
Accounts receivable 49 (42)
Accounts payable and accrued liabilities (126) (49)
Other assets and liabilities 45 5
Cash provided by operating activities 162 118
Investing activities:    
Capital expenditures (89) (79)
Cash used in investing activities (89) (79)
Financing activities:    
Net increase (decrease) in fiduciary liabilities (218) 74
Borrowings from banks   104
Financing fees   (3)
Repayments to banks (13) (126)
Principal payments on finance lease obligations (13) (17)
Payments on tax receivable agreements (7)  
Tax payment for shares/units withheld in lieu of taxes (6) (1)
Deferred and contingent consideration payments (4) (81)
Repurchase of shares (14)  
Other financing activities   (6)
Cash provided by (used in) financing activities (275) (56)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 5 (9)
Net increase (decrease) in cash, cash equivalents and restricted cash (197) (26)
Cash, cash equivalents and restricted cash at beginning of period 1,759 1,652
Cash, cash equivalents and restricted cash at end of period $ 1,562 $ 1,626