Alight Inc. (ALIT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
4 OVERLOOK POINT LINCOLNSHIRE, IL 60069 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 358 | 250 | 372 | 0 | |||
| Cash and cash equivalents | 358 | 250 | 372 | 0 | |||
| Receivables | 698 | 678 | 515 | ||||
| Prepaid expense | 0 | ||||||
| Other current assets | 319 | 379 | 302 | ||||
| Other undisclosed current assets | 1,401 | 1,509 | 1,280 | ||||
| Total current assets: | 2,776 | 2,816 | 2,469 | 1 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 371 | 320 | 236 | ||||
| Intangible assets, net (including goodwill) | 7,097 | 7,551 | 7,808 | ||||
| Goodwill | 3,543 | 3,679 | 3,638 | ||||
| Intangible assets, net (excluding goodwill) | 3,554 | 3,872 | 4,170 | ||||
| Asset, held-in-trust | 1,036 | ||||||
| Deferred income tax assets | 41 | 6 | 3 | ||||
| Other noncurrent assets | 497 | 542 | 472 | ||||
| Total noncurrent assets: | 8,006 | 8,419 | 8,519 | 1,036 | |||
| TOTAL ASSETS: | 10,782 | 11,235 | 10,988 | 1,037 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 444 | 508 | 406 | 3 | |||
| Taxes payable | ✕ | ✕ | ✕ | 0 | |||
| Accrued liabilities | 3 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 444 | 508 | 406 | ||||
| Debt | 25 | 31 | 38 | ||||
| Other liabilities | 317 | 300 | 401 | ||||
| Other undisclosed current liabilities | 1,401 | 1,509 | 1,280 | ||||
| Total current liabilities: | 2,187 | 2,348 | 2,125 | 3 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 2,769 | 2,792 | 2,830 | ||||
| Long-term debt, excluding current maturities | 2,769 | 2,792 | 2,830 | ||||
| Liabilities, other than long-term debt | 242 | 341 | 389 | ||||
| Deferred income tax liabilities | 32 | 60 | 36 | ||||
| Other liabilities | 210 | 281 | 353 | ||||
| Other undisclosed noncurrent liabilities | 842 | 665 | 716 | 218 | |||
| Total noncurrent liabilities: | 3,853 | 3,798 | 3,935 | 218 | |||
| Total liabilities: | 6,040 | 6,146 | 6,060 | 221 | |||
| Temporary equity, carrying amount | 811 | ||||||
| Equity | |||||||
| Equity, attributable to parent, including: | 4,462 | 4,439 | 4,140 | 5 | |||
| Treasury stock, value | (52) | (12) | |||||
| Additional paid in capital | 4,946 | 4,514 | 4,228 | 119 | |||
| Accumulated other comprehensive income | 71 | 95 | 8 | ||||
| Accumulated deficit | (503) | (158) | (96) | (114) | |||
| Other undisclosed equity, attributable to parent | 0 | ||||||
| Equity, attributable to noncontrolling interest | 280 | 650 | 788 | ||||
| Total equity: | 4,742 | 5,089 | 4,928 | 5 | |||
| TOTAL LIABILITIES AND EQUITY: | 10,782 | 11,235 | 10,988 | 1,037 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Revenues | 3,410 | 3,132 | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (2,188) | (2,080) | ||||
| Other undisclosed gross profit | (82) | (56) | ||||
| Gross profit: | 1,140 | 996 | ||||
| Operating expenses | (1,241) | (1,010) | ||||
| Operating loss: | (101) | (14) | ||||
| Nonoperating expense | (265) | (27) | ||||
| Other nonoperating income (expense) | (6) | 16 | ||||
| Interest and debt expense | (131) | (122) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (497) | (163) | ||||
| Other undisclosed income from continuing operations before income taxes | 131 | 122 | ||||
| Loss from continuing operations before income taxes: | (366) | (41) | ||||
| Income tax expense (benefit) | 4 | (31) | ||||
| Loss from continuing operations: | (362) | (72) | ||||
| Income from discontinued operations | ||||||
| Net loss: | (362) | (72) | ||||
| Net income attributable to noncontrolling interest | 17 | 10 | ||||
| Net loss available to common stockholders, diluted: | (345) | (62) | ||||
Comprehensive Income ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Net loss: | (362) | (72) | ||||
| Other comprehensive income (loss) | (33) | 100 | ||||
| Comprehensive income (loss): | (395) | 28 | ||||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 26 | (3) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (369) | 25 | ||||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.