Balance Sheet

	As of December 31,
(in millions ($),  except share per share amounts)	2024	2023
Assets
Current assets:
Cash and cash equivalents	137	130
Accounts receivable, net	651	628
Prepaid expenses	152	162
Other current assets	391	388
Total current assets	1,331	1,308
Non-current assets:
Operating lease right-of-use assets	5,161	5,881
Property and equipment, net	784	919
Intangible assets, net	176	198
Deferred tax asset	357	353
Goodwill, net	1,173	1,197
Equity method investments	54	53
Other non-current assets	76	74
Total assets	9,112	9,983
Liabilities
Current liabilities:
Accounts payable	232	310
Short-term debt, net	212	17
Deferred revenue	539	567
Customer deposits	584	585
Operating lease liabilities	1,154	1,215
Accrued expenses and other current liabilities	887	835
Total current liabilities	3,608	3,529
Non-current liabilities:
Long-term debt, net	633	921
Long-term operating lease liabilities	4,989	5,673
Other non-current liabilities	91	101
Total liabilities	9,321	10,224
Shareholders’ deficit
Common stock; par value $0.0124; 8,000,000,000 shares authorized, 1,057,248,651 issued and outstanding as of December 31, 2024 and 2023, respectively	13	13
Treasury stock, at cost; 45,241,020 shares at December 31, 2024 and 50,558,201 shares at December 31, 2023	(182)	(194)
Additional paid-in capital	493	491
Accumulated deficit	(268)	(269)
Accumulated other comprehensive (loss)	(313)	(345)
Total shareholders’ deficit	(257)	(304)
Noncontrolling interests	48	63
Total shareholders’ deficit	(209)	(241)
Total liabilities and shareholders’ equity	9,112	9,983