Company: LAWIL
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000750004-25-000016
Chunk: 174

Company: Light & Wonder, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 15
Chunk 174
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 claims for trade secret misappropriation, or, in the alternative, to dismiss the claims, which is pending. We are currently unable to determine the likelihood of an outcome or estimate a range of reasonably possible losses, if any. We believe that the claims in the lawsuit are without merit and intend to vigorously defend against them.

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SCHEDULE IILIGHT & WONDER, INC. AND SUBSIDIARIESValuation and Qualifying AccountsYears Ended December 31, 2024, 2023 and 2022(in millions)Allowance for credit lossesBalance at beginning of periodAdditionsDeductions(1)Balance at end of periodYear Ended December 31, 2024$41 5 (6)$40 Year Ended December 31, 2023$40 5 (4)$41 Year Ended December 31, 2022$54 2 (16)$40 (1) Amounts written off, net of recovery, and related impact of foreign currency exchange.Tax-related valuation allowanceBalance at beginning of periodAdditions / (deductions)Balance at end of periodYear Ended December 31, 2024$65 2 $67 Year Ended December 31, 2023$68 (3)$65 Year Ended December 31, 2022$60 8 $68 (1) Amounts written off, net of recovery, and related impact of foreign currency exchange.

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3. Exhibits

EXHIBIT INDEX

Exhibit NumberDescription2.1Agreement and Plan of Merger, dated as of January 30, 2013, entered into by and among Scientific Games Corporation (as predecessor to Light & Wonder, Inc.), Scientific Games International, Inc. (as predecessor to Light & Wonder International, Inc.), SG California Merger Sub, Inc. and WMS Industries Inc. (incorporated by reference to Exhibit 2.1 to Scientific Games Corporation’s Current Report on Form 8-K filed on February 5, 2013).2.2Agreement and Plan of Merger, dated as of August 1, 2014, by and among the Scientific Games Corporation (as predecessor to Light & Wonder, Inc.), Scientific Games International, Inc. (as predecessor to Light & Wonder International, Inc.), Scientific Games Nevada, Inc. and Bally Technologies, Inc. (incorporated by reference to Exhibit 2.1 to Scientific Games Corporation’s