Company: ALIT
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049916
Chunk: 35

Company: Alight, Inc. / Delaware
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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Item 1. Financial Statements.

Alight, Inc.

 Condensed Consolidated Balance Sheets

(Unaudited) 

September 30,2025December 31,2024(in millions, except par values)AssetsCurrent AssetsCash and cash equivalents$205 $343 Receivables, net399 471 Other current assets175 214 Fiduciary assets227 239 Total Current Assets1,006 1,267 Goodwill886 3,212 Intangible assets, net2,644 2,855 Fixed assets, net387 396 Deferred tax assets, net236 41 Other assets379 422 Total Assets$5,538 $8,193 Liabilities and Stockholders' EquityLiabilitiesCurrent LiabilitiesAccounts payable and accrued liabilities$248 $355 Current portion of long-term debt, net20 25 Other current liabilities334 273 Fiduciary liabilities227 239 Total Current Liabilities829 892 Deferred tax liabilities11 22 Long-term debt, net1,990 2,000 Long-term tax receivable agreement559 757 Financial instruments2 51 Other liabilities143 158 Total Liabilities$3,534 $3,880 Commitments and ContingenciesStockholders' EquityPreferred 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; 565.2 and 560.5 shares issued, and 522.6 and 531.7 shares outstanding as of September 30, 2025 and December 31, 2024, respectively— — Class B Common Stock: $0.0001 par value, 20.0 shares authorized; 9.9 and 10.0 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively— — Class V Common Stock: $0.0001 par value, 175.0 shares authorized; 0.5 and 0.5 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively— — Class Z Common Stock: $0.0001 par value, 12.9 shares authorized; 0.0 and 0.0 issued and outstanding