Alight Inc Delaware
For the period ended Sep 30, 2024. Filed Nov 12, 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.
Sep 30, 2024 · Filed Nov 12, 2024
ALIT$12.21-3.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets
| September 30,2024 | December 31,2023 | |
|---|---|---|
| (in millions, except par values) | ||
| Assets | ||
| Current Assets | ||
| Cash and cash equivalents | $300 | $324 |
| Receivables, net | 453 | 435 |
| Other current assets | 186 | 260 |
| Fiduciary assets | 262 | 234 |
| Current assets of discontinued operations | — | 1,523 |
| Total Current Assets | 1,201 | 2,776 |
| Goodwill | 3,212 | 3,212 |
| Intangible assets, net | 2,925 | 3,136 |
| Fixed assets, net | 394 | 331 |
| Deferred tax assets, net | 96 | 38 |
| Other assets | 443 | 341 |
| Long-term assets of discontinued operations | — | 948 |
| Total Assets | $8,271 | $10,782 |
| Liabilities and Stockholders' Equity | ||
| Liabilities | ||
| Current Liabilities | ||
| Accounts payable and accrued liabilities | $334 | $325 |
| Current portion of long-term debt, net | 25 | 25 |
| Other current liabilities | 305 | 233 |
| Fiduciary liabilities | 262 | 234 |
| Current liabilities of discontinued operations | — | 1,370 |
| Total Current Liabilities | 926 | 2,187 |
| Deferred tax liabilities | 31 | 32 |
| Long-term debt, net | 2,006 | 2,769 |
| Long-term tax receivable agreement | 755 | 733 |
| Financial instruments | 67 | 109 |
| Other liabilities | 160 | 142 |
| Long-term liabilities of discontinued operations | — | 68 |
| Total Liabilities | $3,945 | $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; 559.5 and 517.3 shares issued, and 532.4 and 510.9 shares outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Class B Common Stock: $0.0001 par value, 20.0 shares authorized; 10.0 and 9.9 issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Class V Common Stock: $0.0001 par value, 175.0 shares authorized; 0.6 and 29.0 issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Class Z Common Stock: $0.0001 par value, 12.9 shares authorized; 0.0 and 3.4 issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Treasury stock, at cost (27.1 and 6.4 shares at September 30, 2024 and December 31, 2023, respectively) | (207) | (52) |
| Additional paid-in-capital | 5,149 | 4,946 |
| Retained deficit | (668) | (503) |
| Accumulated other comprehensive income | 48 | 71 |
| Total Alight, Inc. Stockholders' Equity | $4,322 | $4,462 |
| Noncontrolling interest | 4 | 280 |
| Total Stockholders' Equity | $4,326 | $4,742 |
| Total Liabilities and Stockholders' Equity | $8,271 | $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.