Company: ALIT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037820
Chunk: 63

Company: Alight, Inc. / Delaware
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 63
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 Other comprehensive income (loss) before reclassifications— (2)(2)Tax (expense) benefit— 4 4 Other comprehensive income (loss) before reclassifications, net of tax— 2 2 Amounts reclassified from accumulated other comprehensive income— (15)(15)Tax expense— — — Amounts reclassified from accumulated other comprehensive income, net of tax— (15)(15)Net current period other comprehensive income (loss), net of tax— (13)(13)Balance at June 30, 2025$4 $30 $34 _______________________________________________________(1) Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional     informationForeign Currency TranslationAdjustments (1)Interest Rate Swaps (2)TotalBalance at December 31, 2023$(3)$74 $71 Other comprehensive income (loss) before reclassifications(7)38 31 Tax (expense) benefit2 2 4 Other comprehensive income (loss) before reclassifications, net of tax(5)40 35 Amounts reclassified from accumulated other comprehensive income— (41)(41)Tax expense— — — Amounts reclassified from accumulated other comprehensive income, net of tax— (41)(41)Net current period other comprehensive income (loss), net of tax(5)(1)(6)Balance at June 30, 2024$(8)$73 $65 _______________________________________________________(1) Foreign currency translation adjustments include $1 million loss related to intercompany loans that have been designated long-term investment nature.(2) Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional information

10. Share-Based CompensationThe Company has an active equity incentive plan, the Alight, Inc. 2021 Omnibus Incentive Plan (the "Incentive Plan"), under which the Company has been authorized to grant share-based awards to key employees and non-employee directors, which consist primarily of time-based restricted stock units ("RSUs") and performance share units ("PRSUs"). Under this plan, for grants issued during the six months ended June 30, 2025, approximately 56% of the units are subject to time-based vesting requirements and approximately 44% are subject to additional performance-based vesting