v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Assets, Current [Abstract]    
Cash and cash equivalents $ 228 $ 233
Accounts receivable, net 499 500
Contract assets 119 123
Other current assets 242 213
Total current assets 1,088 1,069
Land, buildings and equipment, net 173 181
Operating lease right-of-use assets 141 136
Deferred contract costs, net 123 128
Goodwill 614 617
Other long-term assets 254 266
Total Assets 2,393 2,397
Liabilities, Current [Abstract]    
Current portion of long-term debt 23 22
Accounts payable 133 142
Accrued compensation and benefits costs 178 173
Contract liabilities 74 74
Other current liabilities 277 270
Total current liabilities 685 681
Long-term debt 698 665
Deferred taxes 18 19
Operating lease liabilities 108 102
Other long-term liabilities 101 103
Total Liabilities 1,610 1,570
Contingencies
Series A convertible preferred stock 142 142
Common stock 2 2
Treasury stock, at cost (235) (235)
Additional paid-in capital 3,968 3,968
Retained earnings (deficit) (2,648) (2,613)
Accumulated other comprehensive loss (446) (437)
Total Equity 641 685
Total Liabilities and Equity $ 2,393 $ 2,397
Shares of common stock issued (in shares) 155,097,000 154,709,000
Shares of common stock outstanding (in shares) 155,097,000 154,709,000
Shares of common stock authorized (in shares) 155,097,000 154,709,000
Shares of series A convertible preferred stock issued (in shares) 120,000 120,000
Shares of series A convertible preferred stock outstanding (in shares) 120,000 120,000
Shares of common stock held in treasury 70,097,000 70,097,000