CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022		Jun. 30, 2023	Jun. 30, 2022
Revenue:
Total revenue		$ 731	$ 610		$ 1,400	$ 1,183
Operating expenses:
Selling, general and administrative		203	179		396	354
Research and development		58	56		112	109
Depreciation, amortization and impairments		108	107		208	215
Restructuring and other		31	42		50	78
Operating income		113	46		215	86
Other (expense) income:
Interest expense		(78)	(70)		(153)	(186)
Loss on debt financing transactions		0	(147)		0	(147)
Gain on remeasurement of debt and other		0	20		0	27
Other (expense) income, net		(15)	2		(16)	7
Total other expense, net		(93)	(195)		(169)	(299)
Net income (loss) from continuing operations before income taxes		20	(149)		46	(213)
Income tax expense		(15)	(1)		(14)	(4)
Net income (loss) from continuing operations		5	(150)		32	(217)
Net income from discontinued operations, net of tax(2)		0	3,445	[1]	0	3,540	[1]
Net income		5	3,295		32	3,323
Less: Net income attributable to noncontrolling interest		6	4		11	6
Net (loss) income attributable to L&W		$ (1)	$ 3,291		$ 21	$ 3,317
Per Share - Basic:
Net income (loss) from continuing operations (in dollars per share)		$ (0.01)	$ (1.62)		$ 0.23	$ (2.33)
Net income from discontinued operations (in dollars per share)		0	36.23		0	36.94
Net income attributable to L&W (in dollars per share)		(0.01)	34.61		0.23	34.61
Per Share - Diluted:
Net income (loss) from continuing operations (in dollars per share)		(0.01)	(1.62)		0.22	(2.33)
Net income from discontinued operations (in dollars per share)		0	36.23		0	36.94
Net income attributable to L&W (in dollars per share)		$ (0.01)	$ 34.61		$ 0.22	$ 34.61
Weighted average number of shares used in per share calculations:
Basic (in shares)		91	95		91	96
Diluted (in shares)		91	95		93	96
Services
Revenue:
Total revenue		$ 496	$ 445		$ 973	$ 876
Operating expenses:
Cost of goods and services sold	[2]	110	92		218	182
Product sales
Revenue:
Total revenue		235	165		427	307
Operating expenses:
Cost of goods and services sold	[2]	$ 108	$ 88		$ 201	$ 159

[1] (2) The three and six months ended June 30, 2022 include a pre-tax gain of $4,568 million on the sale of discontinued operations (see Note 2).

[2] (1) Excludes depreciation, amortization, and impairments.