Other Financial Data (Tables)

9 Months Ended

Sep. 30, 2021

Other Financial Data [Abstract]

Summary of Components of Receivables, Net

The components of Receivables, net are as follows (in millions):

	Successor			Predecessor
	September 30,			December 31,
	2021			2020
Billed and unbilled receivables	$	509		$	547
Allowance for expected credit losses		(4	)			(15	)
Balance at end of period	$	505		$		532

Summary of Components of Other Current Assets

The components of Other current assets are as follows (in millions):

	Successor		Predecessor
	September 30,		December 31,
	2021		2020
Deferred project costs	$	39	$	53
Prepaid expenses		65		57
Commissions receivable		35		32
Other		33		21
Total	$	172	$	163

Summary of Components of Other Assets

The components of Other assets are as follows (in millions):

	Successor		Predecessor
	September 30,		December 31,
	2021		2020
Deferred project costs	$	252	$	228
Operating lease right of use asset		144		129
Commissions receivable		33		25
Other		27		26
Total	$	456	$	408

Summary of Components of Fixed Assets, Net

The components of Fixed assets, net are as follows (in millions):

	Successor		Predecessor
	September 30,		December 31,
	2021		2020
Capitalized software	$	40	$	242
Leasehold improvements		39		63
Computer equipment		98		192
Furniture, fixtures and equipment		12		21
Construction in progress		44		28
Total Fixed assets, gross		233		546
Less: Accumulated depreciation		14		212
Fixed assets, net	$	219	$	334

Summary of Components of Other Current Liabilities

The components of Other current liabilities are as follows (in millions):

	Successor		Predecessor
	September 30,		December 31,
	2021		2020
Deferred revenue	$	123	$	148
Operating lease liabilities		53		41
Finance lease liabilities		28		28
Other		85		107
Total	$	289	$	324

Summary of Components of Other Liabilities

The components of Other liabilities are as follows (in millions):

	Successor		Predecessor
	September 30,		December 31,
	2021		2020
Deferred revenue	$	54	$	60
Operating lease liabilities		132		155
Finance lease liabilities		40		59
Unrecognized tax positions		49		48
Other		83		125
Total	$	358	$	447