Company: LAWIL
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000750004-25-000031
Chunk: 83

Company: Light & Wonder, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 83
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 March 31, 2025$9 $6 $3 (1) Represents extinguishment of $6 million in redeemable non-controlling interest liability associated with SciPlay’s acquisition of Alictus Yazilim Anonim Şirketi in 2022, as specified financial targets were not met. The gain was recorded in other income, net in our consolidated statements of operations.

20

(12) Stockholders’ Equity

Changes in Stockholders’ EquityThe following tables present certain information regarding our stockholders’ equity as of March 31, 2025 and 2024:Three Months Ended March 31, 2025Common StockAdditional Paid in CapitalRetained EarningsTreasury StockAccumulated Other Comprehensive LossTotalJanuary 1, 2025$1 $1,200 $1,016 $(1,216)$(365)$636 Settlement of liability awards— 44 — — — 44 Vesting of RSUs, net of tax withholdings and other— (36)— — — (36)Purchase of treasury stock(1)— — — (167)— (167)Stock-based compensation— 18 — — — 18 Net income— — 82 — — 82 Other comprehensive loss— — — — 43 43 March 31, 2025$1 $1,226 $1,098 $(1,383)$(322)$620 (1) Includes excise taxes of $1 million for three months ended March 31, 2025Three Months Ended March 31, 2024 Common StockAdditional Paid in CapitalRetained EarningsTreasury StockAccumulated Other Comprehensive LossTotalJanuary 1, 2024$1 $1,118 $680 $(751)$(283)$765 Settlement of liability awards— 65 — — — 65 Vesting of RSUs, net of tax withholding and other— (43)— — — (43)Purchase of treasury stock— — — (25)— (25)Stock-based compensation— 14 — — — 14 Net income— — 82 — — 82 Other comprehensive loss— — — — (23)(23)March 31, 2024$