Company: CNDT
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001677703-25-000126
Chunk: 32

Company: CONDUENT Inc
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 32
---
 (27)Unrecognized gains (losses), net— (1)2 (1)Other Comprehensive Income (Loss), Net24 (17)35 (28)Comprehensive Income (Loss), Net$(16)$199 $(56)$287 

__________

(1)All amounts are net of tax. Tax effects were immaterial.

The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.

CNDT Q2 2025 Form 10-Q4

CONDUENT INCORPORATED

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in millions, except share data in thousands)June 30, 2025December 31, 2024AssetsCash and cash equivalents$275 $366 Accounts receivable, net458 493 Contract assets138 132 Other current assets276 261 Total current assets1,147 1,252 Land, buildings and equipment, net182 167 Operating lease right-of-use assets159 169 Intangible assets, net13 14 Goodwill617 609 Other long-term assets370 388 Total Assets$2,488 $2,599 Liabilities and EquityCurrent portion of long-term debt$28 $24 Accounts payable126 157 Accrued compensation and benefits costs168 170 Unearned income80 103 Other current liabilities295 290 Total current liabilities697 744 Long-term debt628 615 Deferred taxes16 24 Operating lease liabilities127 138 Other long-term liabilities101 93 Total Liabilities1,569 1,614 Contingencies (See Note 12)Series A convertible preferred stock142 142 Common stock2 2 Treasury stock, at cost(218)(210)Additional paid-in capital3,959 3,952 Retained earnings (deficit)(2,529)(2,433)Accumulated other comprehensive loss(437)(472)Total Conduent Inc. Equity777 839 Noncontrolling Interest— 4 Total Equity777 843 Total Liabilities and Equity$2,488 $2,599 Shares of common stock issued and outstanding159,157 161,829 Shares of series A convertible preferred stock issued and outstanding120 120 Shares of common stock held in treasury63,550 60,868 

The accompanying notes are an integral part of these