The following table sets forth the Company's results, including significant expenses not presented in the condensed consolidated statement of operations comprehensive income (loss), for the three months ended March 31, 2025 and 2024. Since the Company operates as one reportable segment that constitutes consolidated continuing results of operations, there are no reconciling items between segment and consolidated assets or capital expenditures from continuing operations.


	Three Months Ended March 31,
	2025		2024
Net revenues	$	1,061		$	1,114
Less:
Lease expense	186			185
Employee compensation expense(a)	88			96
Other costs of operations expense(b)(c)	57			62
Other selling, general and administrative expenses(d)	30			43
Asset write-down charges	2			6
Depreciation, amortization and accretion	177			191
Restructuring charges	—			11
Total operating expenses	540			594
Operating income	521			520
Interest expense and amortization of deferred financing costs, net	(236)			(226)
Interest income	3			4
Other income (expense)	1			2
Income (loss) from continuing operations before income taxes	289			300
Benefit (provision) for income taxes	(5)			(6)
Income (loss) from continuing operations	284			294
Discontinued operations (note 3):
Income (loss) from discontinued operations before gain (loss) from disposal, net of tax	82			17
Gain (loss) from disposal of discontinued operations, net of tax	(830)			—
Income (loss) from discontinued operations, net of tax	(748)			17
Net income (loss)	$	(464)		$	311

(a)$24 million and $26 million is included in "Costs of operations" for the three months ended March 31, 2025 and 2024, respectively, and $63 million and $72 million is included in "Selling, general and administrative" for the three months ended March 31, 2025 and 2024, respectively, on the Company's condensed consolidated statement of operations and comprehensive income (loss).

(c)Other costs of operations primarily consists of (1) property taxes, (2) repair and maintenance expense, (3) third-party costs related to ancillary services performed and (4) various other insignificant expenses.

(d)Other selling, general and administrative expenses primarily include (1) corporate facilities expense, (2) legal expenses and consulting fees, (3) subscriptions and software costs and (4) other general corporate costs.