Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 164 $ 71
Receivables, net 652 672
Inventory, net 4 10
Related party current assets 10 20
Prepaid expenses and other current assets 206 194
Total current assets 1,036 967
Property and equipment, net 1,456 1,629
Intangible assets, net 3,225 3,340
Goodwill 3,150 3,122
Related party long-term assets 534 531
Deferred tax assets 111 111
Operating lease right-of-use assets 361 427
Other long-term assets 221 206
Total assets 10,094 10,333
Current liabilities:    
Accounts payable and accrued expenses 1,202 1,223
Accrued interest 80 174
Current portion of deferred revenue 1,500 1,721
Current maturities of debt 0 1
Operating lease current liabilities 50 48
Total current liabilities 2,832 3,167
Long-term deferred revenue 103 118
Long-term debt 8,827 8,499
Deferred tax liabilities 368 266
Operating lease liabilities 368 419
Other long-term liabilities 151 149
Total liabilities 12,649 12,618
Commitments and contingencies
Stockholders’ equity (deficit):    
Common stock, par value $0.001 per share; 9,000 shares authorized; 4,020 and 4,176 shares issued; 4,018 and 4,173 shares outstanding at September 30, 2021 and December 31, 2020, respectively 4 4
Accumulated other comprehensive income, net of tax 17 15
Additional paid-in capital 0 0
Treasury stock, at cost; 2 and 3 shares of common stock at September 30, 2021 and December 31, 2020, respectively (13) (19)
Accumulated deficit (2,563) (2,285)
Total stockholders’ equity (deficit) (2,555) (2,285)
Total liabilities and stockholders’ equity (deficit) $ 10,094 $ 10,333