10-Q Filing

GARRETT MOTION INC. CIK: 1735707 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001735707-21-000015`
Period End Date	20210930
Filing Date	20211028
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	gtx-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 72 Cash Flow Statement 82 Stockholders Equity 41 Comprehensive Income 32

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$592.00M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$456.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$78.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$101.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	76.23M	shares	Point-in-time
Accounts, notes and other receivables net (Note 8)	`AccountsAndOtherReceivablesNetCurrent`	$741.00M	USD	Point-in-time
Accounts, notes and other receivables net (Note 8)	`AccountsAndOtherReceivablesNetCurrent`	$841.00M	USD	Point-in-time
Common stock, shares, issued (in shares)	`CommonStockSharesIssued`	65.06M	shares	Point-in-time
Inventories net (Note 10)	`InventoryNet`	$278.00M	USD	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	75.81M	shares	Point-in-time
Common stock, shares, outstanding (in shares)	`CommonStockSharesOutstanding`	65.06M	shares	Point-in-time
Inventories net (Note 10)	`InventoryNet`	$235.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$110.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$56.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.88B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.61B	USD	Point-in-time
Investments and long-term receivables	`LongTermInvestmentsAndReceivablesNet`	$30.00M	USD	Point-in-time
Investments and long-term receivables	`LongTermInvestmentsAndReceivablesNet`	$31.00M	USD	Point-in-time
Property, plant and equipment net	`PropertyPlantAndEquipmentNet`	$505.00M	USD	Point-in-time
Property, plant and equipment net	`PropertyPlantAndEquipmentNet`	$472.00M	USD	Point-in-time
Goodwill	`Goodwill`	$193.00M	USD	Point-in-time
Goodwill	`Goodwill`	$193.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$253.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$275.00M	USD	Point-in-time
Other assets (Note 11)	`OtherAssetsNoncurrent`	$135.00M	USD	Point-in-time
Other assets (Note 11)	`OtherAssetsNoncurrent`	$159.00M	USD	Point-in-time
Total assets	`Assets`	$2.72B	USD	Point-in-time
Total assets	`Assets`	$3.02B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$921.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.02B	USD	Point-in-time
Borrowings under revolving credit facility (Note 2)	`LinesOfCreditCurrent`	-	USD	Point-in-time
Borrowings under revolving credit facility (Note 2)	`LinesOfCreditCurrent`	$370.00M	USD	Point-in-time
Current maturities of long-term debt (Note 15)	`LongTermDebtCurrent`	-	USD	Point-in-time
Current maturities of long-term debt (Note 15)	`LongTermDebtCurrent`	$5.00M	USD	Point-in-time
Debtor-in-possession Term Loan (Note 2)	`DebtorInPossessionFinancingTermLoan`	$200.00M	USD	Point-in-time
Debtor-in-possession Term Loan (Note 2)	`DebtorInPossessionFinancingTermLoan`	-	USD	Point-in-time
Accrued liabilities (Note 12)	`AccruedLiabilitiesCurrent`	$325.00M	USD	Point-in-time
Accrued liabilities (Note 12)	`AccruedLiabilitiesCurrent`	$248.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.84B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.50B	USD	Point-in-time
Long-term debt (Note 15)	`LongTermDebtNoncurrent`	$1.20B	USD	Point-in-time
Long-term debt (Note 15)	`LongTermDebtNoncurrent`	$1.08B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$23.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.00M	USD	Point-in-time
Other liabilities (Note 13)	`OtherLiabilitiesNoncurrent`	$114.00M	USD	Point-in-time
Other liabilities (Note 13)	`OtherLiabilitiesNoncurrent`	$286.00M	USD	Point-in-time
Total liabilities not subject to compromise	`LiabilitiesNotSubjectToCompromise`	$3.35B	USD	Point-in-time
Total liabilities not subject to compromise	`LiabilitiesNotSubjectToCompromise`	$3.04B	USD	Point-in-time
Liabilities subject to compromise (Note 2)	`LiabilitiesSubjectToCompromise`	$2.29B	USD	Point-in-time
Liabilities subject to compromise (Note 2)	`LiabilitiesSubjectToCompromise`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$5.33B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.35B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 22)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 22)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, par value $0.001; 1,000,000,000 and 400,000,000 shares authorized, 65,062,181 and 76,229,578 issued and 65,062,181 and 75,813,634 outstanding as of September 30, 2021 and December 31, 2020, respectively (Note 18)	`CommonStockValue`	-	USD	Point-in-time
Common Stock, par value $0.001; 1,000,000,000 and 400,000,000 shares authorized, 65,062,181 and 76,229,578 issued and 65,062,181 and 75,813,634 outstanding as of September 30, 2021 and December 31, 2020, respectively (Note 18)	`CommonStockValue`	-	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	$28.00M	USD	Point-in-time
Additional paidin capital	`AdditionalPaidInCapital`	$1.33B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.91B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-2.21B	USD	Point-in-time
Accumulated other comprehensive loss (Note 19)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-58.00M	USD	Point-in-time
Accumulated other comprehensive loss (Note 19)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-129.00M	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-2.05B	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-633.00M	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-2.10B	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-2.20B	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-2.30B	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-2.31B	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-706.00M	USD	Point-in-time
Total deficit	`StockholdersEquity`	$-2.13B	USD	Point-in-time
Total liabilities and deficit	`LiabilitiesAndStockholdersEquity`	$3.02B	USD	Point-in-time
Total liabilities and deficit	`LiabilitiesAndStockholdersEquity`	$2.72B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net sales (Note 4)	`Revenues`	$2.03B	USD	3 Qtrs
Net sales (Note 4)	`Revenues`	$804.00M	USD	1 Quarter
Net sales (Note 4)	`Revenues`	$839.00M	USD	1 Quarter
Net sales (Note 4)	`Revenues`	$2.77B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.66B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$657.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$676.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$2.22B	USD	3 Qtrs
Gross profit	`GrossProfit`	$365.00M	USD	3 Qtrs
Gross profit	`GrossProfit`	$147.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$163.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$552.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$98.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$202.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$166.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$60.00M	USD	1 Quarter
Other expense, net (Note 6)	`OtherOperatingIncomeExpenseNet`	$-14.00M	USD	1 Quarter
Other expense, net (Note 6)	`OtherOperatingIncomeExpenseNet`	$-1.00M	USD	3 Qtrs
Other expense, net (Note 6)	`OtherOperatingIncomeExpenseNet`	-	USD	1 Quarter
Other expense, net (Note 6)	`OtherOperatingIncomeExpenseNet`	$-45.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$56.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$20.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$25.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$70.00M	USD	3 Qtrs
Non-operating (income) expense	`NonoperatingIncomeExpense`	$7.00M	USD	3 Qtrs
Non-operating (income) expense	`NonoperatingIncomeExpense`	$4.00M	USD	3 Qtrs
Non-operating (income) expense	`NonoperatingIncomeExpense`	$4.00M	USD	1 Quarter
Non-operating (income) expense	`NonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Reorganization items, net (Note 2)	`ReorganizationItems`	$-9.00M	USD	1 Quarter
Reorganization items, net (Note 2)	`ReorganizationItems`	$4.00M	USD	1 Quarter
Reorganization items, net (Note 2)	`ReorganizationItems`	$-130.00M	USD	3 Qtrs
Reorganization items, net (Note 2)	`ReorganizationItems`	$4.00M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.00M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$449.00M	USD	3 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$91.00M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$65.00M	USD	3 Qtrs
Tax expense (Note 7)	`IncomeTaxExpenseBenefit`	$28.00M	USD	1 Quarter
Tax expense (Note 7)	`IncomeTaxExpenseBenefit`	$-1.00M	USD	1 Quarter
Tax expense (Note 7)	`IncomeTaxExpenseBenefit`	$11.00M	USD	3 Qtrs
Tax expense (Note 7)	`IncomeTaxExpenseBenefit`	$82.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$52.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-9.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$63.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$367.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-105.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$409.00M	USD	1 Quarter
Less: preferred dividend (Note 18)	`PreferredStockDividendsIncomeStatementImpact`	$60.00M	USD	3 Qtrs
Less: preferred dividend (Note 18)	`PreferredStockDividendsIncomeStatementImpact`	-	USD	3 Qtrs
Less: preferred dividend (Note 18)	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Less: preferred dividend (Note 18)	`PreferredStockDividendsIncomeStatementImpact`	$36.00M	USD	1 Quarter
Net income available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$54.00M	USD	3 Qtrs
Net income available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$11.00M	USD	1 Quarter
Net income available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$27.00M	USD	1 Quarter
Net income available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$307.00M	USD	3 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$0.72	USD	3 Qtrs
Basic (in USD per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$4.34	USD	3 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.71	USD	3 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$1.75	USD	3 Qtrs
Diluted (in USD per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	70.80M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.74M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.46M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.06M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	312.84M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	209.66M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	76.12M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.94M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$367.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$54.00M	USD	3 Qtrs
Reorganization items, net	`ReorganizationItemsNet`	$4.00M	USD	3 Qtrs
Reorganization items, net	`ReorganizationItemsNet`	$-423.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-25.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$10.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$70.00M	USD	3 Qtrs
Depreciation	`Depreciation`	$60.00M	USD	3 Qtrs
Accretion and amortization of debt discount and deferred financing costs	`AmortizationOfDeferredFinancingCosts`	$5.00M	USD	3 Qtrs
Accretion and amortization of debt discount and deferred financing costs	`AmortizationOfDeferredFinancingCosts`	$23.00M	USD	3 Qtrs
Foreign exchange loss	`ForeignCurrencyTransactionGainLossExcludingHedgesBeforeTax`	$-7.00M	USD	3 Qtrs
Foreign exchange loss	`ForeignCurrencyTransactionGainLossExcludingHedgesBeforeTax`	$15.00M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$8.00M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$5.00M	USD	3 Qtrs
Pension expense	`PensionExpenseReversalOfExpenseNoncash`	$-1.00M	USD	3 Qtrs
Pension expense	`PensionExpenseReversalOfExpenseNoncash`	$1.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-9.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$3.00M	USD	3 Qtrs
Accounts, notes and other receivables	`IncreaseDecreaseInAccountsNotesAndOtherReceivables`	$35.00M	USD	3 Qtrs
Accounts, notes and other receivables	`IncreaseDecreaseInAccountsNotesAndOtherReceivables`	$-48.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$26.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$59.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-40.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$54.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-161.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-126.00M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-19.00M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-22.00M	USD	3 Qtrs
Obligations payable to Honeywell	`IncreaseDecreaseInObligationsPayableToFormerParent`	$-375.00M	USD	3 Qtrs
Obligations payable to Honeywell	`IncreaseDecreaseInObligationsPayableToFormerParent`	$6.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$25.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$20.00M	USD	3 Qtrs
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-446.00M	USD	3 Qtrs
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-136.00M	USD	3 Qtrs
Expenditures for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$74.00M	USD	3 Qtrs
Expenditures for property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-79.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.00M	USD	3 Qtrs
Proceeds from issuance of Series A Preferred Stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
Proceeds from issuance of Series A Preferred Stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$1.30B	USD	3 Qtrs
Proceeds from issuance of long-term debt, net of deferred financing costs	`ProceedsFromIssuanceOfSeniorSecuredDebtAndTermLoanNetOfDeferredFinancingCosts`	-	USD	3 Qtrs
Proceeds from issuance of long-term debt, net of deferred financing costs	`ProceedsFromIssuanceOfSeniorSecuredDebtAndTermLoanNetOfDeferredFinancingCosts`	$1.22B	USD	3 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$1.45B	USD	3 Qtrs
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfSeniorSecuredDebtAndTermLoan`	$1.51B	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfSeniorSecuredDebtAndTermLoan`	$2.00M	USD	3 Qtrs
Payments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$1.10B	USD	3 Qtrs
Payments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$370.00M	USD	3 Qtrs
Payments of debtor-in-possession financing	`RepaymentsOfDebtorInPossessionFinancing`	-	USD	3 Qtrs
Payments of debtor-in-possession financing	`RepaymentsOfDebtorInPossessionFinancing`	$200.00M	USD	3 Qtrs
Payments for Cash-Out election	`PaymentsForCashOutElection`	-	USD	3 Qtrs
Payments for Cash-Out election	`PaymentsForCashOutElection`	$69.00M	USD	3 Qtrs
Revolving facility financing costs	`PaymentsOfFinancingCosts`	-	USD	3 Qtrs
Revolving facility financing costs	`PaymentsOfFinancingCosts`	$8.00M	USD	3 Qtrs
Debtor-in-possession financing fees	`RepaymentsOfDebtorInPossessionFinancingFees`	$4.00M	USD	3 Qtrs
Debtor-in-possession financing fees	`RepaymentsOfDebtorInPossessionFinancingFees`	-	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.00M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$362.00M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$340.00M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-2.00M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.00M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$128.00M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-159.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$693.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$315.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$187.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$534.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$693.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$315.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$187.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$534.00M	USD	Point-in-time
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	$27.00M	USD	3 Qtrs
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	$47.00M	USD	3 Qtrs
Interest expense paid	`InterestPaidNet`	$40.00M	USD	3 Qtrs
Interest expense paid	`InterestPaidNet`	$67.00M	USD	3 Qtrs
Reorganization items paid	`ReorganizationItemsPaidNet`	$337.00M	USD	3 Qtrs
Reorganization items paid	`ReorganizationItemsPaidNet`	-	USD	3 Qtrs
Issuance of Series B Preferred Stock	`StockIssued1`	$577.00M	USD	3 Qtrs
Issuance of Series B Preferred Stock	`StockIssued1`	-	USD	3 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-2.05B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-633.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-2.10B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-2.20B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-2.30B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-2.31B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-706.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-2.13B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$52.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-9.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$63.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$54.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$367.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-105.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$11.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$409.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-119.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-52.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-106.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-48.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$8.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$39.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$71.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$111.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.00M	USD	1 Quarter
Tax withholding related to vesting of restricted stock units and other	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	1 Quarter
Cash-Out election	`StockCashOutElectionDuringPeriodValue`	$69.00M	USD	1 Quarter
Issuance of Series A Preferred Stock	`StockIssuedDuringPeriodValueNewIssues`	$1.30B	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-2.05B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-633.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-2.10B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-2.20B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-2.30B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-2.31B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-706.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-2.13B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$52.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-9.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$63.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$367.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-105.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$409.00M	USD	1 Quarter
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$37.00M	USD	3 Qtrs
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.00M	USD	1 Quarter
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.00M	USD	1 Quarter
Foreign exchange translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-111.00M	USD	3 Qtrs
Changes in fair value of effective cash flow hedges, net of tax (Note 17)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Changes in fair value of effective cash flow hedges, net of tax (Note 17)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	3 Qtrs
Changes in fair value of effective cash flow hedges, net of tax (Note 17)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.00M	USD	1 Quarter
Changes in fair value of effective cash flow hedges, net of tax (Note 17)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$7.00M	USD	3 Qtrs
Changes in fair value of net investment hedges, net of tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationNetOfTax`	$12.00M	USD	1 Quarter
Changes in fair value of net investment hedges, net of tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationNetOfTax`	$-8.00M	USD	3 Qtrs
Changes in fair value of net investment hedges, net of tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationNetOfTax`	$27.00M	USD	3 Qtrs
Changes in fair value of net investment hedges, net of tax	`OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationNetOfTax`	$-6.00M	USD	1 Quarter
Total other comprehensive income (loss) , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-119.00M	USD	3 Qtrs
Total other comprehensive income (loss) , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-52.00M	USD	1 Quarter
Total other comprehensive income (loss) , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-106.00M	USD	1 Quarter
Total other comprehensive income (loss) , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-48.00M	USD	1 Quarter
Total other comprehensive income (loss) , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$8.00M	USD	1 Quarter
Total other comprehensive income (loss) , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$39.00M	USD	1 Quarter
Total other comprehensive income (loss) , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$71.00M	USD	3 Qtrs
Total other comprehensive income (loss) , net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$111.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-95.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$438.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-65.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$71.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.