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Business Segments (Tables)
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Operating Information by Segment The following tables present our segment information:
Three Months Ended June 30, 2024
GamingSciPlayiGaming
Unallocated and Reconciling Items(1)
Total
Total revenue
$539 $205 $74 $— $818 
AEBITDA(2)
272 70 24 (36)$330 
Reconciling items to net income before income taxes:
D&A
(63)(6)(13)(5)(87)
Restructuring and other
(1)— (34)(34)
Interest expense
(75)(75)
Other income, net
Stock-based compensation
(31)(31)
Net income before income taxes
$108 
(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 income before income taxes.
(2) AEBITDA is reconciled to net income before income taxes with the following adjustments, as applicable: (1) depreciation and amortization expense and impairment charges (including goodwill impairments); (2) restructuring and other, which includes charges or expenses attributable to: (i) employee severance; (ii) management restructuring and related costs; (iii) restructuring and integration; (iv) cost savings initiatives; (v) major litigation; and (vi) acquisition- and disposition-related costs and other unusual items; (3) interest expense; (4) gain (loss) on debt refinancing transactions; (5) change in fair value of investments and remeasurement of debt and other; (6) other income (expense), net, including foreign currency gains or losses and earnings from equity investments; and (7) stock-based compensation. AEBITDA is presented as our primary segment measure of profit or loss.
Three Months Ended June 30, 2023
GamingSciPlayiGaming
Unallocated and Reconciling Items(1)
Total
Total revenue
$471 $190 $70 $— $731 
AEBITDA(2)
233 59 24 (35)$281 
Reconciling items to net income before income taxes:
D&A
(79)(11)(12)(6)(108)
Restructuring and other
(3)(2)(9)(17)(31)
Interest expense
(78)(78)
Other expense, net
(16)(16)
Stock-based compensation
(28)(28)
Net income before income taxes
$20 
(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 income before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 3.
Six Months Ended June 30, 2024
GamingSciPlayiGaming
Unallocated and Reconciling Items(1)
Total
Total revenue
$1,016 $411 $148 $— $1,575 
AEBITDA(2)
504 132 48 (74)$610 
Reconciling items to net income before income taxes:
D&A
(123)(13)(26)(11)(173)
Restructuring and other
(1)— (2)(37)(40)
Interest expense
(150)(150)
Other income, net
14 14 
Stock-based compensation
(53)(53)
Net income before income taxes
$208 
(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 income before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 3.
Six Months Ended June 30, 2023
GamingSciPlayiGaming
Unallocated and Reconciling Items(1)
Total
Total revenue
$890 $376 $134 $— $1,400 
AEBITDA(2)
438 113 47 (69)$529 
Reconciling items to net income before income taxes:
D&A
(156)(17)(24)(11)(208)
Restructuring and other(11)(3)(10)(26)(50)
Interest expense(153)(153)
Other expense, net(18)(18)
Stock-based compensation(54)(54)
Net income before income taxes
$46 
(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 income before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 3.