v3.24.3
Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Assets and Liabilities Held for Sale on Condensed Consolidated Balance Sheet and Income (loss) from Discontinued Operations on Condensed Consolidated Statements of Comprehensive Income (loss)
The following tables presents the carrying value of assets and liabilities for the Payroll & Professional Services business as presented within assets and liabilities of discontinued operations on our condensed consolidated balance sheets and results as reported in Income (Loss) from Discontinued Operations, Net of Tax, within our Condensed Consolidated Statements of comprehensive Income (Loss) (in millions):
September 30,
2024		December 31,
2023
Assets
Cash and cash equivalents$— $34 
Receivables, net— 263 
Other current assets— 59 
Fiduciary assets— 1,167 
Current assets, discontinued operations— 1,523 
Goodwill— 331 
Intangible assets, net— 418 
Fixed assets, net— 40 
Deferred tax assets, net— 3 
Other assets— 156 
Long-term assets, discontinued operations$— $948 
Liabilities
Accounts payable and accrued liabilities$— $119 
Other current liabilities— 84 
Fiduciary liabilities— 1,167 
Current liabilities, discontinued operations— 1,370 
Other liabilities— 68 
Long-term liabilities, discontinued operations$— $68 
Three Months Ended
September 30		Nine Months Ended
September 30,
2024202320242023
Revenue$33 $256 $539 $746 
Cost of services, exclusive of depreciation and amortization33 163 387 508 
Depreciation and amortization— 2 3 7 
Gross Profit— 91 149 231 
Operating Expenses
Selling, general and administrative— 41 89 119 
Depreciation and intangible amortization— 9 8 29 
Total Operating Expenses— 50 97 148 
Income (loss) from Discontinued Operations— 41 52 83 
Other (income) expense, net— 2 2 8 
Income (Loss) from Discontinued Operations Before Income Taxes— 39 50 75 
Gain on sale of disposition, net of tax4 — 4 — 
Income tax expense (benefit)34 45 52 71 
Net Income (Loss) from Discontinued Operations, Net of Tax$(30)$(6)$2 $4