Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Statement of Cash Flows [Abstract]      
Cash and cash equivalents $ 162 $ 306 $ 362
Restricted cash included in Other long-term assets 8 9 8
Total cash, cash equivalents and restricted cash at end of period [1] $ 170 $ 315 $ 370
[1] The following table reconciles cash, cash equivalents and restricted cash per the statement of cash flows to the balance sheet. The restricted cash balances are primarily due to letters of credit which have been issued to the landlords of leased office space. The terms of the letters of credit primarily extend beyond one year.
As of December 31,
(in millions) 2024 2023 2022
Cash and cash equivalents $ 162  $ 306  $ 362 
Restricted cash included in Other long-term assets 8  9 8
Total cash, cash equivalents and restricted cash at end of period $ 170  $ 315  $ 370