v3.25.2
Business Developments and Risks and Uncertainties (Tables)
 6 Months Ended
Jun. 30, 2025
Text Block [Abstract]  
Schedule of Discontinued Operations Components of Assets and Liabilities Held for Sale

The following table summarizes the components of assets and liabilities held for sale:

 

 

 

  As of

In millions

 

June 30, 2025

 

December 31, 2024

Assets held for sale

 

 

 

 

 

 

 

 

Accounts receivable

 

$

2

 

 

$

1

 

Goodwill

 

 

11

 

 

 

11

 

Other assets

 

 

2

 

 

 

2

 

Loss on disposal group

 

 

(4

)

 

 

(3

)

Total assets held for sale

 

$

11

 

 

$

11

 

Liabilities held for sale

 

 

 

 

 

 

 

 

Accounts payable

 

$

1

 

 

$

1

 

Debt

 

 

1

 

 

 

1

 

Accrued expenses and other

 

 

5

 

 

 

5

 

Total liabilities held for sale

 

$

7

 

 

$

7

 

 
Schedule of Results of Operations from Discontinued Operation

The results of operations from discontinued operations for the three and six months ended June 30, 2025 and 2024 consist of the following:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

In millions

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

Revenues

$

3

 

 

$

22

 

$

6

 

 

$

46

 

 

Cost of sales

 

1

 

 

 

11

 

 

2

 

 

 

22

 

 

     Total revenues from discontinued operations

 

2

 

 

 

11

 

 

4

 

 

 

24

 

Expenses:

 

 

 

 

 

 

 

 

 

 

 

Operating

 

2

 

 

 

11

 

 

3

 

 

 

24

 

 

Interest

 

-

 

 

 

1

 

 

-

 

 

 

2

 

 

Increase (decrease) on loss on disposal group

 

-

 

 

 

1

 

 

1

 

 

 

(1

)

 

     Total expenses from discontinued operations

 

2

 

 

 

13

 

 

4

 

 

 

25

 

Income (loss) before income taxes from discontinued operations

 

 

-

 

 

 

(2

)

 

 

-

 

 

 

(1

)

Provision (benefit) for income taxes from discontinued operations

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Income (loss) from discontinued operations, net of income taxes

 

$

-

 

 

$

(2

)

 

$

-

 

 

$

(1

)