2023 Q2 Form 10-Q Financial Statement
#000167770323000033 Filed on May 03, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
Revenue | $915.0M | $922.0M |
YoY Change | -1.4% | -4.65% |
Cost Of Revenue | $704.0M | $720.0M |
YoY Change | -3.16% | -4.64% |
Gross Profit | $211.0M | $202.0M |
YoY Change | 4.98% | -4.72% |
Gross Profit Margin | 23.06% | 21.91% |
Selling, General & Admin | $118.0M | $111.0M |
YoY Change | 4.42% | 8.82% |
% of Gross Profit | 55.92% | 54.95% |
Research & Development | $1.000M | $2.000M |
YoY Change | -50.0% | 100.0% |
% of Gross Profit | 0.47% | 0.99% |
Depreciation & Amortization | $57.00M | $61.00M |
YoY Change | 7.55% | 0.0% |
% of Gross Profit | 27.01% | 30.2% |
Operating Expenses | $119.0M | $113.0M |
YoY Change | 3.48% | 9.71% |
Operating Profit | $92.00M | $89.00M |
YoY Change | 6.98% | -18.35% |
Interest Expense | $27.00M | $27.00M |
YoY Change | 50.0% | 42.11% |
% of Operating Profit | 29.35% | 30.34% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | -$7.000M | -$8.000M |
YoY Change | -240.0% | -103.81% |
Income Tax | $0.00 | -$2.000M |
% Of Pretax Income | ||
Net Earnings | -$7.000M | -$6.000M |
YoY Change | -104.41% | |
Net Earnings / Revenue | -0.77% | -0.65% |
Basic Earnings Per Share | -$0.04 | -$0.04 |
Diluted Earnings Per Share | -$0.04 | -$0.04 |
COMMON SHARES | ||
Basic Shares Outstanding | 218.4M shares | 218.4M shares |
Diluted Shares Outstanding | 218.4M shares | 218.4M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $500.0M | $526.0M |
YoY Change | -3.66% | -10.54% |
Cash & Equivalents | $500.0M | $526.0M |
Short-Term Investments | ||
Other Short-Term Assets | $247.0M | $277.0M |
YoY Change | 3.35% | 18.38% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $583.0M | $590.0M |
Other Receivables | $53.00M | $51.00M |
Total Short-Term Assets | $1.517B | $1.556B |
YoY Change | -5.01% | -5.3% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $252.0M | $259.0M |
YoY Change | -4.18% | -4.78% |
Goodwill | $967.0M | $965.0M |
YoY Change | -26.18% | -27.72% |
Intangibles | $36.00M | $37.00M |
YoY Change | -16.28% | -19.57% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $489.0M | $494.0M |
YoY Change | 2.95% | 6.47% |
Total Long-Term Assets | $1.936B | $1.947B |
YoY Change | -15.94% | -16.65% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.517B | $1.556B |
Total Long-Term Assets | $1.936B | $1.947B |
Total Assets | $3.453B | $3.503B |
YoY Change | -11.46% | -11.96% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $169.0M | $176.0M |
YoY Change | 1.81% | -6.88% |
Accrued Expenses | $431.0M | $448.0M |
YoY Change | -23.72% | -16.88% |
Deferred Revenue | $80.00M | $79.00M |
YoY Change | 9.59% | 5.33% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $41.00M | $38.00M |
YoY Change | 36.67% | 26.67% |
Total Short-Term Liabilities | $795.0M | $842.0M |
YoY Change | -11.17% | -9.07% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.274B | $1.277B |
YoY Change | 0.16% | 0.0% |
Other Long-Term Liabilities | $81.00M | $70.00M |
YoY Change | -7.95% | -23.08% |
Total Long-Term Liabilities | $81.00M | $70.00M |
YoY Change | -7.95% | -23.08% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $795.0M | $842.0M |
Total Long-Term Liabilities | $81.00M | $70.00M |
Total Liabilities | $2.384B | $2.432B |
YoY Change | -5.88% | -5.55% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$2.561B | -$2.551B |
YoY Change | 15.36% | 15.07% |
Common Stock | $2.000M | $2.000M |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $1.000M | |
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $927.0M | $929.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $3.453B | $3.503B |
YoY Change | -11.46% | -11.96% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$7.000M | -$6.000M |
YoY Change | -104.41% | |
Depreciation, Depletion And Amortization | $57.00M | $61.00M |
YoY Change | 7.55% | 0.0% |
Cash From Operating Activities | -$10.00M | -$12.00M |
YoY Change | -37.5% | -209.09% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $20.00M | $11.00M |
YoY Change | -160.61% | -67.65% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | |
YoY Change | -100.0% | |
Cash From Investing Activities | -$20.00M | -$22.00M |
YoY Change | -35.48% | -108.06% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -13.00M | -$19.00M |
YoY Change | 18.18% | -82.73% |
NET CHANGE | ||
Cash From Operating Activities | -10.00M | -$12.00M |
Cash From Investing Activities | -20.00M | -$22.00M |
Cash From Financing Activities | -13.00M | -$19.00M |
Net Change In Cash | -43.00M | -$51.00M |
YoY Change | -25.86% | -129.48% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$10.00M | -$12.00M |
Capital Expenditures | $20.00M | $11.00M |
Free Cash Flow | -$30.00M | -$23.00M |
YoY Change | -276.47% | 0.0% |
Facts In Submission
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|
136000000 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
61000000 | usd |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
61000000 | usd |
CY2023Q1 | us-gaap |
Deferred Sales Inducements Amortization Expense
DeferredSalesInducementsAmortizationExpense
|
1000000 | usd |
CY2022Q1 | us-gaap |
Deferred Sales Inducements Amortization Expense
DeferredSalesInducementsAmortizationExpense
|
0 | usd |
CY2023Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-8000000 | usd |
CY2022Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
31000000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1000000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1000000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | usd |
CY2022Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
164000000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2000000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-42000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-27000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
33000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
69000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-65000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-33000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-9000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-17000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
2000000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
36000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-12000000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
11000000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
11000000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
34000000 | usd |
CY2023Q1 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
11000000 | usd |
CY2022Q1 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
16000000 | usd |
CY2023Q1 | cndt |
Proceeds Payments Related To Divestitures Including Cash Sold
ProceedsPaymentsRelatedToDivestituresIncludingCashSold
|
0 | usd |
CY2022Q1 | cndt |
Proceeds Payments Related To Divestitures Including Cash Sold
ProceedsPaymentsRelatedToDivestituresIncludingCashSold
|
323000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-22000000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
273000000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
0 | usd |
CY2022Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
100000000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
10000000 | usd |
CY2022Q1 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
8000000 | usd |
CY2023Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
7000000 | usd |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
2000000 | usd |
CY2022Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
2000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-19000000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-110000000 | usd |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2000000 | usd |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1000000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-51000000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
173000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
598000000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
420000000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
547000000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
593000000 | usd |
CY2023Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
21000000 | usd |
CY2022Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
5000000 | usd |
CY2023Q1 | us-gaap |
Preferred Stock Dividend Rate Per Dollar Amount
PreferredStockDividendRatePerDollarAmount
|
20 | |
CY2022Q1 | us-gaap |
Preferred Stock Dividend Rate Per Dollar Amount
PreferredStockDividendRatePerDollarAmount
|
20 | |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
922000000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
967000000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
922000000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
967000000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
163000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
171000000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
14000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
|
12000000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
79000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
81000000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
40000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
42000000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
58000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
60000000 | usd |
CY2023Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
590000000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
630000000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
29000000 | usd |
CY2022Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
35000000 | usd |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
1100000000 | usd |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.75 | |
CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P2Y | |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
922000000 | usd |
CY2023Q1 | cndt |
Segment Profit Loss
SegmentProfitLoss
|
30000000 | usd |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
967000000 | usd |
CY2022Q1 | cndt |
Segment Profit Loss
SegmentProfitLoss
|
54000000 | usd |
CY2023Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
1000000 | usd |
CY2022Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-1000000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-8000000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
210000000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2000000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
6000000 | usd |
CY2023Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
29000000 | usd |
CY2022Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
9000000 | usd |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
27000000 | usd |
CY2022Q1 | us-gaap |
Interest Expense
InterestExpense
|
19000000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
-2000000 | usd |
CY2022Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
163000000 | usd |
CY2023Q1 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
-21000000 | usd |
CY2022Q1 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
-28000000 | usd |
CY2023Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
2000000 | usd |
CY2023Q1 | cndt |
Segment Profit Loss
SegmentProfitLoss
|
30000000 | usd |
CY2022Q1 | cndt |
Segment Profit Loss
SegmentProfitLoss
|
54000000 | usd |
CY2022 | us-gaap |
Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
166000000 | usd |
CY2022Q1 | us-gaap |
Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
165000000 | usd |
CY2022Q2 | us-gaap |
Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
1000000 | usd |
CY2022Q1 | cndt |
Disposal Group Not Discontinued Operation Tax On Gain
DisposalGroupNotDiscontinuedOperationTaxOnGain
|
62000000 | usd |
CY2022Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
10000000 | usd |
CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
29000000 | usd |
CY2023Q1 | us-gaap |
Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
|
0 | usd |
CY2023Q1 | cndt |
Restructuring Net Current Period Charges
RestructuringNetCurrentPeriodCharges
|
29000000 | usd |
CY2023Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
13000000 | usd |
CY2023Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
26000000 | usd |
CY2021Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
6000000 | usd |
CY2022Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
9000000 | usd |
CY2022Q1 | us-gaap |
Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
|
-1000000 | usd |
CY2022Q1 | cndt |
Restructuring Net Current Period Charges
RestructuringNetCurrentPeriodCharges
|
8000000 | usd |
CY2022Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
12000000 | usd |
CY2022Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2000000 | usd |
CY2023Q1 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
4000000 | usd |
CY2023Q1 | cndt |
Restructuring Net Current Period Charges
RestructuringNetCurrentPeriodCharges
|
29000000 | usd |
CY2022Q1 | cndt |
Restructuring Net Current Period Charges
RestructuringNetCurrentPeriodCharges
|
8000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
35000000 | usd |
CY2023Q1 | cndt |
Long Term Debt Excluding Current Maturities And Capital Lease Obligations
LongTermDebtExcludingCurrentMaturitiesAndCapitalLeaseObligations
|
1277000000 | usd |
CY2022Q4 | cndt |
Long Term Debt Excluding Current Maturities And Capital Lease Obligations
LongTermDebtExcludingCurrentMaturitiesAndCapitalLeaseObligations
|
1277000000 | usd |
CY2023Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
28000000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
20000000 | usd |
CY2023Q1 | us-gaap |
Other Loans Payable
OtherLoansPayable
|
31000000 | usd |
CY2022Q4 | us-gaap |
Other Loans Payable
OtherLoansPayable
|
33000000 | usd |
CY2023Q1 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
1337000000 | usd |
CY2022Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
1335000000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
22000000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
23000000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
38000000 | usd |
CY2022Q1 | us-gaap |
Insurance Recoveries
InsuranceRecoveries
|
38000000 | usd |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
120000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
120000000 | usd |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
142000000 | usd |
CY2016Q4 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.08 | |
CY2016Q4 | cndt |
Preferred Stock Annual Dividends
PreferredStockAnnualDividends
|
9600000 | usd |
CY2016Q4 | us-gaap |
Convertible Preferred Stock Shares Reserved For Future Issuance
ConvertiblePreferredStockSharesReservedForFutureIssuance
|
5393000 | shares |
CY2016Q4 | cndt |
Preferred Stock Initial Conversion Price Per Share
PreferredStockInitialConversionPricePerShare
|
22.25 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-6000000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
136000000 | usd |
CY2023Q1 | us-gaap |
Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
|
-2000000 | usd |
CY2022Q1 | us-gaap |
Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
|
-2000000 | usd |
CY2023Q1 | cndt |
Adjusted Net Income Loss Available To Common Shareholders Basic
AdjustedNetIncomeLossAvailableToCommonShareholdersBasic
|
-8000000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.61 | |
CY2022Q1 | cndt |
Adjusted Net Income Loss Available To Common Shareholders Basic
AdjustedNetIncomeLossAvailableToCommonShareholdersBasic
|
134000000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-6000000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
136000000 | usd |
CY2023Q1 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
2000000 | usd |
CY2022Q1 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
0 | usd |
CY2023Q1 | cndt |
Adjusted Net Income Available To Common Shareholders Diluted
AdjustedNetIncomeAvailableToCommonShareholdersDiluted
|
-8000000 | usd |
CY2022Q1 | cndt |
Adjusted Net Income Available To Common Shareholders Diluted
AdjustedNetIncomeAvailableToCommonShareholdersDiluted
|
136000000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
218410000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
215503000 | shares |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
|
0 | shares |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
|
5393000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
218410000 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
223890000 | shares |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.04 | |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.62 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.04 | |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
10967000 | shares |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2698000 | shares |
CY2023Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
101000000 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
88000000 | usd |
CY2023Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
40000000 | usd |
CY2022Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
41000000 | usd |
CY2023Q1 | us-gaap |
Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
|
11000000 | usd |
CY2022Q4 | us-gaap |
Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
|
10000000 | usd |
CY2023Q1 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
21000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
16000000 | usd |
CY2023Q1 | cndt |
Capitalized Cloud Computing Cost Current
CapitalizedCloudComputingCostCurrent
|
4000000 | usd |
CY2022Q4 | cndt |
Capitalized Cloud Computing Cost Current
CapitalizedCloudComputingCostCurrent
|
5000000 | usd |
CY2023Q1 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
100000000 | usd |
CY2022Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
82000000 | usd |
CY2023Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
277000000 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
242000000 | usd |
CY2023Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
190000000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
211000000 | usd |
CY2023Q1 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
21000000 | usd |
CY2022Q4 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
37000000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
55000000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
57000000 | usd |
CY2023Q1 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
26000000 | usd |
CY2022Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
10000000 | usd |
CY2023Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
2000000 | usd |
CY2022Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
2000000 | usd |
CY2023Q1 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
15000000 | usd |
CY2022Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
16000000 | usd |
CY2023Q1 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
14000000 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
6000000 | usd |
CY2023Q1 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
52000000 | usd |
CY2022Q4 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
43000000 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
375000000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
382000000 | usd |
CY2023Q1 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
188000000 | usd |
CY2022Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
189000000 | usd |
CY2023Q1 | us-gaap |
Deferred Costs
DeferredCosts
|
80000000 | usd |
CY2022Q4 | us-gaap |
Deferred Costs
DeferredCosts
|
82000000 | usd |
CY2023Q1 | cndt |
Product Software Net
ProductSoftwareNet
|
104000000 | usd |
CY2022Q4 | cndt |
Product Software Net
ProductSoftwareNet
|
110000000 | usd |
CY2023Q1 | cndt |
Capitalized Cloud Computing Cost Non Current
CapitalizedCloudComputingCostNonCurrent
|
3000000 | usd |
CY2022Q4 | cndt |
Capitalized Cloud Computing Cost Non Current
CapitalizedCloudComputingCostNonCurrent
|
4000000 | usd |
CY2023Q1 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
30000000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
20000000 | usd |
CY2023Q1 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
89000000 | usd |
CY2022Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
84000000 | usd |
CY2023Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
494000000 | usd |
CY2022Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
489000000 | usd |
CY2023Q1 | us-gaap |
Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
|
8000000 | usd |
CY2022Q4 | us-gaap |
Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
|
7000000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
40000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
42000000 | usd |
CY2023Q1 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
22000000 | usd |
CY2022Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
20000000 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
70000000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
69000000 | usd |
CY2023Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
2000000 | usd |
CY2022Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
3000000 | usd |
CY2023Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
6000000 | usd |
CY2022Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
5000000 | usd |