XML 43 R10.htm IDEA: XBRL DOCUMENT v3.20.2
Business Segments
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Business Segments Business Segments
        We report our operations in four business segments—Gaming, Lottery, SciPlay and Digital—representing our different products and services. A detailed discussion regarding the products and services from which each reportable business segment derives its revenue is included in Notes 2 and 3 in our 2019 10-K.
        In evaluating financial performance, our Chief Operating Decision Maker focuses on AEBITDA as management’s segment measure of profit or loss, which is described in Note 2 in our 2019 10-K. The accounting policies of our business segments are the same as those described within the Notes in our 2019 10-K. The following tables present our segment information:
Three Months Ended June 30, 2020
GamingLotterySciPlayDigital
Unallocated and Reconciling Items(1)
Total
Total revenue
$91  $209  $166  $73  $—  $539  
AEBITDA
(31) 97  60  20  (25) $121  
Reconciling items to consolidated net loss before income taxes:
D&A
(86) (18) (2) (23) (11) (140) 
Restructuring and other
(7) (3) (1) (1) (4) (16) 
EBITDA from equity investments
(7) (7) 
Loss from equity investments
(3) (3) 
Interest expense
(124) (124) 
Loss on remeasurement of debt(12) (12) 
Other expense, net
(1) (1) 
Stock-based compensation
(14) (14) 
Net loss before income taxes
$(196) 
(1) Includes amounts not allocated to the business segments (including corporate costs) and items to reconcile the total business segments AEBITDA to our consolidated net loss before income taxes.
Three Months Ended June 30, 2019
GamingLotterySciPlayDigital
Unallocated and Reconciling Items(1)
Total
Total revenue
$427  $231  $118  $69  $—  $845  
AEBITDA
215  103  33  12  (28) $335  
Reconciling items to consolidated net loss before income taxes:
D&A
(114) (20) (2) (19) (15) (170) 
Restructuring and other
(2) (1) (1) (1) (1) (6) 
EBITDA from equity investments
(18) (18) 
Earnings from equity investments
  
Interest expense
(147) (147) 
Loss on debt financing transactions
(60) (60) 
Loss on remeasurement of debt(3) (3) 
Other income, net
  
Stock-based compensation(10) (10) 
Net loss before income taxes
$(68) 
(1) Includes amounts not allocated to the business segments (including corporate costs) and items to reconcile the total business segments AEBITDA to our consolidated net loss before income taxes.
Six Months Ended June 30, 2020
GamingLotterySciPlayDigital
Unallocated and Reconciling Items(1)
Total
Total revenue
$409  $421  $284  $150  $—  $1,264  
AEBITDA
65  175  94  43  (56) $321  
Reconciling items to consolidated net loss before income taxes:
D&A
(175) (32) (4) (44) (23) (278) 
Goodwill impairment
(54) —  —  —  —  (54) 
Restructuring and other(19) (8) (2) (2) (7) (38) 
EBITDA from equity investments
(14) (14) 
Loss from equity investments
(5) (5) 
Interest expense
(248) (248) 
Loss on remeasurement of debt(2) (2) 
Other expense, net
(5) (5) 
Stock-based compensation
(24) (24) 
Net loss before income taxes
$(347) 
(1) Includes amounts not allocated to the business segments (including corporate costs) and items to reconcile the total business segments AEBITDA to our consolidated net loss before income taxes.
Six Months Ended June 30, 2019
GamingLotterySciPlayDigital
Unallocated and Reconciling Items(1)
Total
Total revenue
$849  $458  $236  $139  $—  $1,682  
AEBITDA
430  207  58  25  (57) $663  
Reconciling items to consolidated net loss before income taxes:
D&A
(226) (39) (4) (38) (28) (335) 
Restructuring and other
(4) (1) (2) (4) (2) (13) 
EBITDA from equity investments
(35) (35) 
Earnings from equity investments
13  13  
Interest expense
(301) (301) 
Loss on debt financing transactions
(60) (60) 
Gain on remeasurement of debt  
Other income, net
  
Stock-based compensation(24) (24) 
Net loss before income taxes
$(88) 
(1) Includes amounts not allocated to the business segments (including corporate costs) and items to reconcile the total business segments AEBITDA to our consolidated net loss before income taxes.