Company: ALIT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037820
Chunk: 34

Company: Alight, Inc. / Delaware
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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Item 1. Financial Statements.

Alight, Inc.

 Condensed Consolidated Balance Sheets

(Unaudited) 

June 30,2025December 31,2024(in millions, except par values)AssetsCurrent AssetsCash and cash equivalents$227 $343 Receivables, net411 471 Other current assets160 214 Fiduciary assets215 239 Total Current Assets1,013 1,267 Goodwill2,229 3,212 Intangible assets, net2,714 2,855 Fixed assets, net389 396 Deferred tax assets, net53 41 Other assets379 422 Total Assets$6,777 $8,193 Liabilities and Stockholders' EquityLiabilitiesCurrent LiabilitiesAccounts payable and accrued liabilities$280 $355 Current portion of long-term debt, net20 25 Other current liabilities355 273 Fiduciary liabilities215 239 Total Current Liabilities870 892 Deferred tax liabilities22 22 Long-term debt, net1,995 2,000 Long-term tax receivable agreement600 757 Financial instruments21 51 Other liabilities148 158 Total Liabilities$3,656 $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; 564.8 and 560.5 shares issued, and 528.8 and 531.7 shares outstanding as of June 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 June 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 June 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