Digital Aviation Solutions Divestiture |
6 Months Ended |
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Jun. 30, 2025 | |
Discontinued Operations and Disposal Groups [Abstract] | |
Digital Aviation Solutions Divestiture | Digital Aviation Solutions Divestiture On April 22, 2025, we announced that we entered into an agreement with Thoma Bravo to sell portions of our BGS segment’s Digital Aviation Solutions business for $10.55 billion. The sale will include Jeppesen, ForeFlight, AerData and OzRunways. We expect the transaction to close in 2025 and result in a gain at closing. The transaction is subject to regulatory approval and customary closing conditions. At June 30, 2025, Digital Aviation Solutions assets of $1,451 and liabilities of $504 were classified as held for sale on our Condensed Consolidated Statements of Financial Position. Assets held for sale primarily include Goodwill of $810, Acquired intangible assets, net of $310, and Accounts receivable, net of $139. Liabilities held for sale primarily include Advances and progress billings of $309 and Accrued liabilities of $116.
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