v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended 9 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Sep. 30, 2025
Operating activities          
Net loss $ (9) $ (9) $ (45) $ (40)  
Adjustments to reconcile net loss to net cash from operating activities          
Depreciation and amortization expense 26 30 52 62  
Stock compensation expense     14 14  
Deferred tax benefit     (15) (13)  
Impairment of operating lease assets     2 4  
Debt extinguishment loss 0 0 11 0 $ 0
Other     5 6  
Changes in assets and liabilities          
Accounts receivable     (223) 159  
Other current assets and other long-term assets     (26) (7)  
Accounts payable     179 (93)  
Accrued expenses, other current liabilities and other long-term liabilities     (1) (71)  
Net cash provided by (used in) operating activities     (47) 21  
Investing activities          
Payment for purchases of property and equipment     (29) (29)  
Proceeds from sale of property and equipment     0 1  
Business acquisition, net of cash acquired     0 (10)  
Other     0 (5)  
Net cash used in investing activities     (29) (43)  
Financing activities          
Proceeds from borrowings on revolving credit facilities     656 261  
Repayment of borrowings on revolving credit facilities     (607) (227)  
Proceeds from issuance of debt     400 0  
Repurchase of debt     (362) 0  
Repayment of debt and finance leases     (1) (1)  
Payment for debt issuance costs     (9) 0  
Payment for equity issuance costs     0 (1)  
Payment for tax withholdings related to vesting of stock compensation awards     (3) (18)  
Other     0 (10)  
Net cash provided by financing activities     74 4  
Effect of exchange rates on cash, cash equivalents and restricted cash     0 2  
Net decrease in cash, cash equivalents and restricted cash     (2) (16)  
Cash, cash equivalents, and restricted cash, beginning of period     18 35 $ 35
Cash, cash equivalents, and restricted cash, end of period $ 16 $ 19 16 19  
Supplemental disclosure of cash flow information:          
Leased assets obtained in exchange for new operating lease liabilities     19 22  
Cash paid for income taxes, net     5 4  
Cash paid for interest, net     11 16  
Purchases of property and equipment in accounts payable, accrued expenses and other liabilities     $ 2 $ 10