Company: LAWIL
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000750004-25-000016
Chunk: 200

Company: Light & Wonder, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 200
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 tax withholdings and other— (9)— — — — (9)Purchase of treasury stock— — — (171)— — (171)Purchase of SciPlay Class A common stock— (23)— — — — (23)Acquisition of SciPlay noncontrolling interest, net of tax effects— (300)— — — (188)(488)Stock-based compensation— 55 — — — — 55 Net income— — 163 — — 17 180 Other comprehensive income— — — — 35 — 35 December 31, 2023$1 $1,118 $680 $(751)$(283)$— $765 Settlement of liability awards— 67 — — — — 67 Vesting of RSUs, net of tax withholdings and other— (52)— — — — (52)Purchase of treasury stock— — — (465)— — (465)Stock-based compensation— 67 — — — — 67 Net income— — 336 — — — 336 Other comprehensive loss— — — — (82)— (82)December 31, 2024$1 $1,200 $1,016 $(1,216)$(365)$— $636 

See accompanying notes to consolidated financial statements.

77

LIGHT & WONDER, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in millions)

 Years Ended December 31, 202420232022Cash flows from operating activities:  Net income$336 $180 $3,697 Less: Income from discontinued operations, net of tax— — (3,873)Adjustments to reconcile net income (loss) from continuing operations to net cash provided by (used in) operating activities from continuing operations:Depreciation, amortization and impairments361 384 420 Contingent acquisition considerations fair value adjustments(6)16 21 Change in deferred income taxes(108)(84)(29)Stock-based compensation110 118 69 Non-cash interest expense9 10 14 Provision for bad debts and inventory charges14 12