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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 25, 2021
Dec. 26, 2020
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ (82) $ (75) $ (196)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation of property and equipment 23 17 13
Share-based compensation 174 97 85
Amortization of intangible assets 544 509 450
Exchange rate differences on cash and cash equivalents 6    
Deferred income taxes (9) (29) (53)
Interest on Dividend Note to related party, net 18    
Interest with related party, net 12 20 (5)
Other (2)   1
Changes in operating assets and liabilities:      
Decrease (increase) in trade accounts receivables (114) (62) 7
Decrease (increase) in other current assets (10) (17) (17)
Decrease (increase) in inventories (16) 31 (25)
Increase (decrease) in account payables and accrued expenses 58 59 (14)
Increase (decrease) in employee-related accrued expenses and long term benefits (52) 36 37
Increase (decrease) in other current-liabilities (16) 20 (3)
Decrease (increase) in other long term assets 17 (7) (9)
Increase (decrease) in long-term liabilities (5)    
Net cash provided by operating activities 546 599 271
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of property and equipment (111) (143) (91)
Repayment of loan due from related party 1,635 460 6
Issuance of loan to related party (336) (474) (135)
Cash paid for acquisition of Moovit, net of cash acquired     (745)
Other (1)    
Net cash provided by (used in) investing activities 1,187 (157) (965)
CASH FLOWS FROM FINANCING ACTIVITIES      
Business combination deferred consideration payment   (90)  
Net transfers from Parent 84 181 825
Dividend paid (337) 0 0
Share-based compensation recharge (280)   (78)
Proceeds from initial public offering, net of offering costs 1,034 0 0
Changes in withholding tax related to employee stock plans     (15)
Equity Transaction in Connection with the Legal Purchase of Entities (900)    
Repayment of Dividend Note with related party (918)    
Net cash provided by (used in) financing activities (1,317) 91 732
Effect of foreign exchange rate changes on cash and cash equivalents (6) (1)  
Increase in cash, cash equivalents and restricted cash 410 532 38
Balance of cash, cash equivalents and restricted cash, at beginning of year 625 93 55
Balance of cash, cash equivalents and restricted cash, at end of year 1,035 625 93
Supplementary non-cash investing and financing activities:      
Non cash purchase of property and equipment 13 21 27
Non-cash share-based compensation recharge   162  
Conversion to equity of loan due to Parent     679
Dividend Note with related party 3,500    
Dividend Note contribution from related party (2,600)    
Unpaid offering costs 2    
Contribution of Moovit previously held shares by Parent     59
Tax sharing agreement with Parent 34    
Supplemental cash flow information:      
Cash (paid) for income taxes, net of refunds (57) $ (44) $ (42)
Interest paid to related party $ (6)