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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 236 $ 196
Restricted cash 88 110
Receivables, net of allowance for credit losses of $28 and $35, respectively 659 585
Inventories 175 158
Prepaid expenses, deposits and other current assets 164 134
Total current assets 1,322 1,183
Non-current assets:    
Restricted cash 5 6
Receivables, net of allowance for credit losses of $5 87 97
Property and equipment, net 348 286
Operating lease right-of-use assets 48 44
Goodwill 3,361 2,890
Intangible assets, net 842 454
Software, net 184 161
Deferred income taxes 241 229
Other assets 71 71
Total assets 6,509 5,421
Current liabilities:    
Current portion of long-term debt 49 23
Accounts payable 162 216
Accrued liabilities 374 447
Income taxes payable 36 49
Total current liabilities 621 735
Deferred income taxes 13 12
Operating lease liabilities 32 31
Other long-term liabilities 227 160
Long-term debt, excluding current portion 4,893 3,847
Total liabilities 5,786 4,785
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common stock, par value $0.001 per share, 199 shares authorized; 119 and 117 shares issued, respectively, and 83 and 86 shares outstanding, respectively 1 1
Additional paid-in capital 1,255 1,200
Retained earnings 1,307 1,016
Treasury stock, at cost, 36 and 31 shares, respectively (1,596) (1,216)
Accumulated other comprehensive loss (244) (365)
Total stockholders’ equity 723 636
Total liabilities and stockholders’ equity $ 6,509 $ 5,421