v3.23.1
Business Developments and Risks and Uncertainties (Tables)
 3 Months Ended
Mar. 31, 2023
Text Block [Abstract]  
Schedule of Discontinued Operations Components of Assets and Liabilities Held for Sale
The following table summarizes the components of assets and liabilities held for sale:
 
          
          
 
  
As of
 
In millions
  
March 31, 2023
 
  
December 31, 2022
 
Assets held for sale
  
  
Cash
   
$
10
 
   
$
12
 
Accounts receivable
   
 
21
 
   
 
24
 
Goodwill
   
 
90
 
   
 
90
 
Other assets
   
 
13
 
   
 
8
 
Loss on disposal group
   
 
(51)
     
 
(54)
 
    
 
 
     
 
 
  
Total assets held for sale
   
$
83
 
   
$
80
 
    
 
 
     
 
 
  
Liabilities held for sale
                  
Accounts payable
   
$
11
 
   
$
12
 
Debt
   
 
34
 
   
 
30
 
Accrued expenses and other
   
 
23
 
   
 
19
 
    
 
 
     
 
 
  
Total liabilities held for sale
   
$
68
 
   
$
61
 
    
 
 
     
 
 
  
Schedule of Results of Operations from Discontinued Operation
The results of operations from discontinued operations for the three months ended March 31, 2023 consist of the following:

 
          
In millions
  
 
 
          
Revenues
  
Revenues
   
$
32
 
Cost of sales
   
 
17
 
    
 
 
  
Total revenues from discontinued operations
   
 
15
 
Expenses
         
Operating
   
 
20
 
Interest
   
 
1
 
Increase (decrease) on loss on disposal group
  
 
(3)

    
 
 
  
Total expenses from discontinued operations
   
 
18
 
    
 
 
  
Income (loss) before income taxes from discontinued operations
   
 
(3
 )
Provision (benefit) for income taxes from discontinued operations
   
 
-
 
    
 
 
  
Income (loss) from discontinued operations, net of income taxes
   
$
(3
 )