CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenue:
Revenue		$ 818	$ 731	$ 1,575	$ 1,400
Operating expenses:
Selling, general and administrative		220	203	438	396
Research and development		66	58	128	112
Depreciation, amortization and impairments		87	108	173	208
Restructuring and other		34	31	40	50
Operating income		175	113	340	215
Other (expense) income:
Interest expense		(75)	(78)	(150)	(153)
Other income (expense), net		8	(15)	18	(16)
Total other expense, net		(67)	(93)	(132)	(169)
Net income before income taxes		108	20	208	46
Income tax expense		(26)	(15)	(44)	(14)
Net income		82	5	164	32
Less: Net income attributable to noncontrolling interest		0	6	0	11
Net income (loss) attributable to L&W		$ 82	$ (1)	$ 164	$ 21
Per Share - Basic:
Net income (loss) attributable to L&W		$ 0.92	$ (0.01)	$ 1.83	$ 0.23
Per Share - Diluted:
Net income (loss) attributable to L&W		$ 0.90	$ (0.01)	$ 1.78	$ 0.22
Weighted average number of shares used in per share calculations:
Basic shares		90	91	90	91
Diluted shares		92	91	92	93
Services
Revenue:
Revenue		$ 526	$ 496	$ 1,044	$ 973
Operating expenses:
Cost of revenue	[1]	111	110	223	218
Products
Revenue:
Revenue		292	235	531	427
Operating expenses:
Cost of revenue	[1]	$ 125	$ 108	$ 233	$ 201

[1] (1) Excludes D&A.