Alight Inc Delaware
For the period ended Mar 31, 2024. Filed May 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
ALIT$12.21-3.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets
| March 31, · December 31, | ||||
|---|---|---|---|---|
| 2024 · 2023 | ||||
| (in millions, except par values) | ||||
| Assets | ||||
| Current Assets | ||||
| Cash and cash equivalents | $ | 256 | $ | 324 |
| Receivables, net | 393 | 435 | ||
| Other current assets | 217 | 260 | ||
| Fiduciary assets | 250 | 234 | ||
| Current assets held for sale | 2,501 | 1,523 | ||
| Total Current Assets | 3,617 | 2,776 | ||
| Goodwill | 3,212 | 3,212 | ||
| Intangible assets, net | 3,066 | 3,136 | ||
| Fixed assets, net | 387 | 331 | ||
| Deferred tax assets, net | 86 | 38 | ||
| Other assets | 346 | 341 | ||
| Long-term assets held for sale | — | 948 | ||
| Total Assets | $ | 10,714 | $ | 10,782 |
| Liabilities and Stockholders' Equity | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | $ | 278 | $ | 325 |
| Current portion of long-term debt, net | 25 | 25 | ||
| Other current liabilities | 282 | 233 | ||
| Fiduciary liabilities | 250 | 234 | ||
| Current liabilities held for sale | 1,475 | 1,370 | ||
| Total Current Liabilities | 2,310 | 2,187 | ||
| Deferred tax liabilities | 32 | 32 | ||
| Long-term debt, net | 2,762 | 2,769 | ||
| Long-term tax receivable agreement | 784 | 733 | ||
| Financial instruments | 132 | 109 | ||
| Other liabilities | 166 | 142 | ||
| Long-term liabilities held for sale | — | 68 | ||
| Total Liabilities | $ | 6,186 | $ | 6,040 |
| Commitments and Contingencies | ||||
| Stockholders' Equity | ||||
| Preferred stock at $0.0001 par value: 1.0 shares authorized, none issued and outstanding | $ | — | $ | — |
| Class A Common Stock: $0.0001 par value, 1,000.0 shares authorized; 550.0 and 510.9 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | — | — | ||
| Class B Common Stock: $0.0001 par value, 20.0 shares authorized; 9.9 and 9.9 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | — | — | ||
| Class V Common Stock: $0.0001 par value, 175.0 shares authorized; 1.2 and 29.0 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | — | — | ||
| Class Z Common Stock: $0.0001 par value, 12.9 shares authorized; 0.6 and 3.4 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | — | — | ||
| Treasury stock, at cost (6.4 and 6.4 shares at March 31, 2024 and December 31, 2023, respectively) | (52) | (52) | ||
| Additional paid-in-capital | 5,113 | 4,946 | ||
| Retained deficit | (617) | (503) | ||
| Accumulated other comprehensive income | 75 | 71 | ||
| Total Alight, Inc. Stockholders' Equity | $ | 4,519 | $ | 4,462 |
| Noncontrolling interest | 9 | 280 | ||
| Total Stockholders' Equity | $ | 4,528 | $ | 4,742 |
| Total Liabilities and Stockholders' Equity | $ | 10,714 | $ | 10,782 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.