Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 53 $ 57
Prepaid expenses and other current assets 298 284
Total current assets 1,041 1,038
Property and equipment, net 1,715 1,499
Intangible assets, net 2,941 3,050
Goodwill 3,249 3,249
Related party long-term assets 493 488
Deferred tax assets 147 147
Operating lease right-of-use assets 283 315
Other long-term assets 260 236
Total assets 10,129 10,022
Current liabilities:    
Accounts payable and accrued expenses 1,267 1,248
Accrued interest 73 165
Current portion of deferred revenue 1,248 1,322
Current maturities of debt 525 196
Operating lease current liabilities 45 50
Total current liabilities 3,158 2,981
Long-term deferred revenue 73 81
Long-term debt 8,823 9,256
Deferred tax liabilities 479 565
Operating lease liabilities 292 320
Other long-term liabilities 197 170
Total liabilities 13,022 13,373
Commitments and contingencies (Note 15)
Stockholders’ equity (deficit):    
Common stock, par value $0.001 per share; 9,000 shares authorized; 3,840 and 3,891 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 4 4
Accumulated other comprehensive loss, net of tax (3) (4)
Accumulated deficit (2,894) (3,351)
Total stockholders’ equity (deficit) (2,893) (3,351)
Total liabilities and stockholders’ equity (deficit) 10,129 10,022
Nonrelated Party    
Current assets:    
Receivables, net 659 655
Related Party    
Current assets:    
Receivables, net $ 31 $ 42