| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 52 | -15 | 114 | 177 |
| Depreciation, amortization and impairments | NaN | 406 | NaN | NaN |
| Contingent acquisition considerations fair value adjustments | NaN | 20 | NaN | NaN |
| Change in deferred income taxes | NaN | 21 | NaN | NaN |
| Stock-based compensation | NaN | 121 | NaN | NaN |
| Non-cash interest expense | NaN | 10 | NaN | NaN |
| Provision for bad debts and inventory charges | NaN | 4 | NaN | NaN |
| Loss on debt financing transactions | NaN | -5 | NaN | NaN |
| Foreign currency transaction net losses, (gain) on sale of assets and other, net | NaN | 35 | NaN | NaN |
| Receivables | NaN | 62 | NaN | NaN |
| Inventories | NaN | 19 | NaN | NaN |
| Other assets and liabilities | NaN | 14 | NaN | NaN |
| Income taxes payable, net | NaN | -7 | NaN | NaN |
| Adjustments to reconcile net income to net cash provided by operating activities | -299 | NaN | 185 | 225 |
| Accounts payable and accrued liabilities | NaN | 40 | NaN | NaN |
| Changes in working capital accounts, excluding the effects of acquisition | -202 | NaN | 115 | 111 |
| Net cash provided by operating activities | 139 | 319 | 184 | 291 |
| Capital expenditures | NaN | 92 | 79 | 139 |
| Acquisitions of businesses and assets, net of cash acquired | NaN | 0 | 0 | 861 |
| Capital expenditures | 74 | NaN | NaN | NaN |
| Other | 1 | 0 | NaN | NaN |
| Net cash used in investing activities | -73 | -92 | -79 | -1,000 |
| Borrowings under revolving credit facility | 155 | 300 | 95 | 365 |
| Repayments under revolving credit facility | -285 | NaN | 290 | 170 |
| Repayments under revolving credit facilities | NaN | 530 | NaN | NaN |
| Proceeds from issuance of senior notes and term loans | NaN | 0 | 1,000 | 800 |
| Repayments of senior debt | NaN | NaN | 700 | NaN |
| Repayments of notes and term loans (including redemption premium) | NaN | 700 | NaN | NaN |
| Payments on long-term debt | 5 | 11 | 10 | 11 |
| Payments of contingent acquisition considerations | NaN | 0 | 0 | 2 |
| Payments of debt issuance and deferred financing costs | 2 | 2 | 13 | 5 |
| Payments on license obligations | 4 | 8 | 16 | 12 |
| Purchase of l&w common stock | 22 | 500 | 110 | 270 |
| Purchase of sciplays class a common stock and acquisition of noncontrolling interest | NaN | 0 | NaN | NaN |
| Net redemptions of common stock under stock-based compensation plans and other | 26 | 0 | 4 | 35 |
| Net cash used in financing activities | -79 | -291 | -48 | 660 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 0 | 1 | 1 | 8 |
| Decrease in cash, cash equivalents and restricted cash | -13 | -63 | 58 | -41 |
| Cash, cash equivalents and restricted cash, beginning of period | NaN | 312 | NaN | NaN |
| Cash, cash equivalents and restricted cash, end of period | NaN | 266 | NaN | NaN |
Light & Wonder, Inc. (LAWIL)
Light & Wonder, Inc. (LAWIL)