v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities    
Net income (loss) $ 78 $ (18)
Adjustments to reconcile net income (loss) to cash flows from operating activities:    
Depreciation and amortization 330 328
Stock-based compensation expense 35 25
Asset impairment and write-down charges 0 61
Royalty revenue (4) 0
Interest on liability for sale of future revenue 7 0
Changes in operating assets and liabilities, net of acquisitions and divestitures (185) (155)
Other non-cash operating activities, net (28) (39)
Net Cash Provided by Operating Activities 233 202
Cash Flows from Investing Activities    
Net purchases of property and equipment and software (122) (58)
Proceeds from divestitures 9 66
Other investing activities, net (1) (4)
Net Cash (Used for) Provided by Investing Activities (114) 4
Cash Flows from Financing Activities    
Repayments of long-term borrowings (374) (25)
Proceeds from sale of future revenue, net of transaction costs 290 0
Other financing activities, net (20) (15)
Net Cash Used for Financing Activities (104) (120)
Effect of exchange rate changes on cash and cash equivalents 56 (22)
Net increase in cash and cash equivalents 71 64
Cash and cash equivalents – beginning of period 468 352
Cash and cash equivalents – end of period 539 416
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for new finance lease liability 234 0
Revolving Credit Facility    
Cash Flows from Financing Activities    
Proceeds from facility 125 50
Repayments of facility (125) (250)
Securitization Facility    
Cash Flows from Financing Activities    
Proceeds from facility 125 170
Repayments of facility $ (125) $ (50)