v3.26.1
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue        
Revenue $ 531 $ 603 $ 1,118 $ 1,221
Operating Costs and Expenses        
Cost of services (excluding depreciation and amortization) 435 489 897 995
Selling, general and administrative (excluding depreciation and amortization) 80 90 158 201
Research and development (excluding depreciation and amortization) 0 1 1 2
Depreciation and amortization 37 41 78 82
Restructuring and related costs 20 8 28 12
Interest expense 13 12 25 24
(Gain) loss on divestitures and transaction costs, net 2 4 3 6
Litigation settlements (recoveries), net 1 0 1 2
Other (income) expenses, net 0 1 3 2
Total Operating Costs and Expenses 588 646 1,194 1,326
Income (Loss) Before Income Taxes from Continuing Operations (57) (43) (76) (105)
Income tax expense (benefit) from continuing operations 12 (1) 15 (7)
Net Income (Loss) from Continuing Operations (69) (42) (91) (98)
Income (Loss) from Discontinued Operations, Net of Tax (47) 2 (58) 7
Net Income (Loss) $ (116) $ (40) $ (149) $ (91)
Net Income (Loss) per Share:        
Basic continuing operations (in USD per share) $ (0.46) $ (0.27) $ (0.62) $ (0.63)
Basic discontinued operations (in USD per share) (0.30) 0.01 (0.37) 0.04
Basic (in USD per share) (0.76) (0.26) (0.99) (0.59)
Diluted continuing operations (in USD per share) (0.46) (0.27) (0.62) (0.63)
Diluted discontinued operations (in USD per share) (0.30) 0.01 (0.37) 0.04
Diluted (in USD per share) $ (0.76) $ (0.26) $ (0.99) $ (0.59)