0000750004-22-000007 | 10-K | XBRL Viewer

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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ / shares in Units, shares in Millions, $ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2021

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Dec. 31, 2020

Sep. 30, 2020

Jun. 30, 2020

Mar. 31, 2020

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

Revenue:

Total revenue

$ 580

$ 539

$ 581

$ 453

$ 480

$ 432

$ 308

$ 479

$ 2,153

$ 1,699

$ 2,388

Operating expenses:

Cost of revenues

170

153

159

127

163

152

138

157

Selling, general and administrative

679

627

619

Research and development

190

148

166

Depreciation, amortization and impairments

398

449

542

Goodwill impairment

Restructuring and other

167

Operating income (loss)

110

(245)

290

Other (expense) income:

Interest expense

(478)

(503)

(589)

Loss on debt financing transactions

(1)

(100)

Gain (loss) on remeasurement of debt

(7)

(25)

(24)

(12)

(51)

Other income (expense), net

(4)

Total other expense, net

(404)

(559)

(667)

Net loss from continuing operations before income taxes

(294)

(804)

(377)

Income tax benefit

318

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

100

(51)

(88)

(143)

(187)

(254)

(216)

(801)

(330)

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

164

366

253

212

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

187

113

(9)

(84)

(111)

(198)

(155)

$ 390

(548)

(118)

Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest

Net (loss) income attributable to SGC

$ 95

$ 182

$ 109

$ (15)

$ (90)

$ (117)

$ (203)

$ (159)

$ (569)

$ (130)

Income (Loss) from Continuing Operations, Per Basic Share

$ 0.60

$ 0.99

$ (0.58)

$ (0.98)

$ (1.57)

$ (2.03)

$ (2.74)

$ (2.34)

$ 0.06

$ (8.69)

$ (3.68)

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share

0.38

0.90

1.71

0.82

0.62

0.80

0.59

0.65

3.80

2.67

2.28

Net income from discontinued operations

Basic (in dollars per share)

0.98

1.89

1.13

(0.16)

(0.95)

(1.23)

(2.15)

(1.69)

3.86

(6.02)

(1.40)

Income (Loss) from Continuing Operations, Per Diluted Share

0.58

0.96

(0.58)

(0.98)

(1.57)

(2.03)

(2.74)

(2.34)

0.05

(8.69)

(3.68)

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share

0.37

0.88

1.71

0.82

0.62

0.80

0.59

0.65

3.72

2.67

2.28

Earnings Per Share, Diluted

$ 0.95

$ 1.84

$ 1.13

$ (0.16)

$ (0.95)

$ (1.23)

$ (2.15)

$ (1.69)

$ 3.77

$ (6.02)

$ (1.40)

Weighted average number of shares used in per share calculations:

Basic shares (in shares)

Weighted Average Number of Shares Outstanding, Diluted (in shares)

100

Services

Revenue:

Total revenue

$ 1,642

$ 1,259

$ 1,504

Operating expenses:

Cost of revenues

^[1]

365

338

356

Product sales

Revenue:

Total revenue

511

440

884

Operating expenses:

Cost of revenues

^[1]

$ 244

$ 272

$ 390

[1]	(1) Excludes D&A.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ 390	$ (548)	$ (118)
Net income (loss) from continuing operations	(51)	45	20
Derivative financial instruments unrealized gain (loss), net of tax	14	(6)	(11)
Total other comprehensive (loss) income from continuing operations	(37)	39	9
Other Comprehensive Income Loss Discontinued Operations, Net Of Tax	(6)	35	(1)
Total comprehensive income (loss)	347	(474)	(110)
Less: comprehensive income attributable to noncontrolling interest		(21)	(12)
Comprehensive (loss) income attributable to SGC	$ 328	$ (495)	$ (122)

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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+ Details

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 585	$ 928
Restricted cash	41	45
Receivables, net of allowance for credit losses of $52 and $76, respectively	423	438
Inventories	98	119
Prepaid expenses, deposits and other current assets	88	98
Disposal Group, Including Discontinued Operation, Assets, Current	497	553
Total current assets	1,732	2,181
Non-current assets:
Restricted cash	9	10
Receivables, net of allowance for credit losses of $2 and $5, respectively	17	19
Property and equipment, net	213	242
Operating Lease, Right-of-Use Asset	51	52
Goodwill	2,892	2,730
Intangible assets, net	946	1,088
Software, net	117	143
Deferred income taxes	349	106
Other assets	80	47
Disposal Group, Including Discontinued Operation, Assets, Noncurrent	1,477	1,366
Total assets	7,883	7,984
Current liabilities:
Current portion of long-term debt	44	44
Accounts payable	204	150
Accrued liabilities	444	343
Liabilities of businesses held for sale	282	295
Total current liabilities	974	832
Deferred income taxes	35	46
Operating Lease, Liability, Noncurrent	40	43
Other long-term liabilities	170	190
Long-term debt, excluding current portion	8,646	9,259
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent	124	138
Total liabilities	9,989	10,508
Commitments and Contingencies
Stockholders’ deficit:
Common stock, par value $0.001 per share: 199 shares authorized; 114 and 113 shares issued and 97 and 95 shares outstanding, respectively	1	1
Additional paid-in capital	1,337	1,268
Accumulated loss	(3,158)	(3,529)
Treasury Stock, Value	(175)	(175)
Accumulated other comprehensive loss	(261)	(218)
Total SGC stockholders’ deficit	(2,256)	(2,653)
Stockholders' Equity Attributable to Noncontrolling Interest	150	129
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(2,106)	(2,524)
Total liabilities and stockholders’ deficit	$ 7,883	$ 7,984

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares shares in Millions	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Common stock par value (in dollars per share)	$ 0.001
Common stock authorized (in shares)	199
Common stock issued (in shares)	114	113
Common stock outstanding (in shares)	97	95
Treasury stock at cost (in shares)	17

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT - USD ($) $ in Millions	Total	Common Stock	Additional Paid in Capital	Accumulated Loss	Accumulated Loss Cumulative Effect, Period of Adoption, Adjustment	Treasury Stock	Accumulated Other Comprehensive Loss	Noncontrolling Interest
Beginning balance at Dec. 31, 2018	$ (2,463)	$ 1	$ 835	$ (2,824)		$ (175)	$ (300)	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net redemption of common stock in connection with stock options and RSUs	12		(12)
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation								1
Gain (Loss) on Disposition of Stock in Subsidiary	419
Proceeds from Issuance Initial Public Offering			328					91
Stock-based compensation	34		33
Net loss	(130)			(130)
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	12							12
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(118)
Other Comprehensive Income (Loss), Net of Tax	8						8
Ending balance at Dec. 31, 2019	(2,108)	1	1,208	(2,954)		(175)	(292)	104
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net redemption of common stock in connection with stock options and RSUs	4		4
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation								4
Stock-based compensation	60		56
Net loss	(569)			(569)
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest	21							21
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(548)
Other Comprehensive Income (Loss), Net of Tax	74						74
Ending balance at Dec. 31, 2020	$ (2,524)	1	1,268	(3,529)	$ (6)	(175)	(218)	129
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]	true
Net redemption of common stock in connection with stock options and RSUs	$ (20)		(20)
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation								2
Stock-based compensation	91		89
Net loss				371
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest								19
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	390
Other Comprehensive Income (Loss), Net of Tax	(43)						(43)
Ending balance at Dec. 31, 2021	$ (2,106)	$ 1	$ 1,337	$ (3,158)		$ (175)	$ (261)	$ 150

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT (Parenthetical)	Dec. 31, 2021 $ / shares
Statement of Stockholders' Equity [Abstract]
Common stock par value (in dollars per share)	$ 0.001

CONSOLIDATED STATEMENTS OF CASH FLOWS $ in Millions	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS $ in Millions	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ 390	$ (548)	$ (118)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	(366)	(253)	(212)
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by operating activities from continuing operations:
Depreciation, amortization and impairments	398	449	542
Goodwill impairment	0	54	0
Change in deferred income taxes	(342)	(27)	(60)
Stock-based compensation	113	56	32
Noncash Interest Expense	24	22	25
Inventory Write-down	7	107	15
(Gain) loss on sale of assets and other, net	22	0	(7)
Loss on debt financing transactions	0	1	100
(Gain) loss on remeasurement of debt	(41)	51	(9)
Changes in assets and liabilities, net of effects of acquisitions:
Receivables	19	137	(39)
Inventories	9	4	(21)
Other assets and liabilities	17	6	(11)
Accounts payable and accrued liabilities	98	(26)	(42)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	304	33	209
Cash Provided by (Used in) Operating Activities, Discontinued Operations	381	438	337
Net cash provided by operating activities	685	471	546
Cash flows from investing activities:
Payments to Acquire Other Productive Assets	171	137	224
Acquisitions of businesses and assets, net of cash acquired	(186)	(13)	0
Distributions of capital from equity investments	3	0	4
Proceeds from asset sales and other	7	24	0
Net Cash Provided by (Used in) Investing Activities, Continuing Operations	(347)	(126)	(220)
Cash Provided by (Used in) Investing Activities, Discontinued Operations	(95)	(47)	(43)
Net cash used in investing activities	(442)	(173)	(263)
Cash flows from financing activities:
Borrowings under SGI revolving credit facility	60	530	270
Repayments under SGI revolving credit facility	(595)	(190)	(400)
Proceeds from issuance of notes and term loans	0	550	2,300
Payments on long-term debt	(42)	(42)	(44)
Repayments of notes and term loans (including redemption premium)	0	(341)	(2,523)
Payments of debt issuance and deferred financing costs	(5)	(10)	(35)
Payments on license obligations	(46)	(30)	(39)
Proceeds From Sale Of Finance Receivables, Financing Activities	0	0	11
Net proceeds from the sale of SciPlay common stock	0	0	342
Payments of deferred SciPlay common stock offering costs	0	0	(9)
Net redemptions of common stock under stock-based compensation plans and other	(27)	2	1
Net Cash Provided by (Used in) Financing Activities, Continuing Operations	(655)	469	(126)
Cash Provided by (Used in) Financing Activities, Discontinued Operations	(24)	(6)	(3)
Net cash (used in) provided by financing activities	(679)	463	(129)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	(6)	7	1
(Decrease) increase in cash, cash equivalents and restricted cash	(442)	768	155
Cash, cash equivalents and restricted cash, beginning of period	1,143	375	220
Cash, cash equivalents and restricted cash, end of period	701	1,143	375
Less: Cash, cash equivalents and restricted cash of discontinued operations	66	160	50
Cash, cash equivalents and restricted cash of continuing operations, end of period	635	983	325
Supplemental cash flow information:
Cash paid for interest	453	471	549
Income taxes paid	38	22	41
Payment for Contingent Consideration Liability, Operating Activities	$ 0	$ 4	$ 26

Description of the Business and Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Description of the Business and Summary of Significant Accounting Policies

Description of the Business

We are a leading developer of technology‑based products and services and associated content for the worldwide gaming, lottery, social and digital gaming industries. Our portfolio of revenue-generating activities in our continuing operations primarily includes supplying game content and gaming machines, CMSs and table game products and services to licensed gaming entities; providing social casino and other mobile games to retail customers; and providing a comprehensive suite of digital RMG, distribution platforms, content, products and services to various gaming entities. Our portfolio of revenue-generating activities in the discontinued operations primarily includes providing instant and draw‑based lottery products, lottery systems and lottery content and services to lottery operators along with providing sports wagering solutions to various gaming entities.

On September 27, 2021, we entered into a definitive agreement to sell our Sports Betting business to Endeavor in a cash and stock transaction. Under the terms of the agreement, we will receive $1 billion in cash, subject to customary purchase price closing adjustments, and approximately 7.6 million shares of Endeavor Class A common stock (valued at approximately $200 million as of the purchase agreement date), subject to customary purchase price closing adjustments. On October 27, 2021, we entered into a definitive agreement to sell our Lottery business to Brookfield for total consideration of $6.05 billion consisting of $5.825 billion in cash and an earn-out of up to $225 million based on the achievement of certain EBITDA targets in 2022 and 2023, subject to customary purchase price closing adjustments. The divestiture of the Lottery business is now expected to close by the end of March 2022 while the sale of the Sports Betting business is on track to be completed in the second quarter of 2022, both subject to applicable regulatory approvals and customary conditions. The intended sale of our Sports Betting and Lottery businesses is defined herein as the “Pending Divestitures.”

We have reflected the financial results of these businesses as discontinued operations in our consolidated statements of operations and reflected the assets and liabilities of these businesses as held for sale in our consolidated balance sheets, for all periods presented. These businesses held for sale are included in our covenant compliance requirements until disposed of and all of their related cash flows are available to the Company without restriction. Refer to Note 2 for further information.

We report our results of continuing operations in three business segments—Gaming, SciPlay and iGaming (former Digital business segment excluding Sports Betting)—representing our different products and services. Unless otherwise noted, amounts and disclosures included herein relate to our continuing operations.

Basis of Presentation and Principles of Consolidation

The accompanying consolidated financial statements have been prepared in accordance with U.S. GAAP. The accompanying consolidated financial statements include the accounts of SGC, its wholly owned subsidiaries, and those subsidiaries in which we have a controlling financial interest. Investments in other entities in which we do not have a controlling financial interest but we exert significant influence are accounted for in our consolidated financial statements using the equity method of accounting. All intercompany balances and transactions have been eliminated in consolidation.

Use of estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Impact of COVID-19

COVID-19 disruptions continue to impact our results of operations and particularly certain aspects of our Gaming business segment operations due to the closures of gaming operation establishments and restricted reopening of a substantial number of gaming operation establishments coupled with global economic uncertainty.

While most gaming establishments reopened globally and have begun to operate at full capacity, there is a continued risk of future COVID-related developments impacting Gaming business segment results. We continue to see fluctuations in infection rates and regulations for various regions along with ongoing domestic and international travel restrictions or warnings, social distancing measures, reduced operating capacity and an overall economic and general uncertainty regarding the magnitude and length of time that these disruptions will continue. These circumstances may change in the future and such changes could be material. We continue to assess the situation jurisdiction by jurisdiction, actively managing our cash flows and continuing to evaluate additional measures that may reduce operating costs and conserve cash to preserve liquidity as we execute on our strategic initiatives.

As of December 31, 2021, our total available liquidity (excluding our SciPlay business segment, but including cash and cash equivalents totaling $44 million of the businesses held for sale) was $903 million, which included $638 million of undrawn availability under SGI’s revolving credit facility.

SciPlay Initial Public Offering and Noncontrolling Interest

In May 2019, SciPlay completed an initial public offering for an 18.0% minority interest in our Social gaming business representing 22,720,000 shares of Class A common stock which is traded on The NASDAQ Global Select Market under the symbol “SCPL,” and issued Class B common stock, which is wholly owned by SGC and as of December 31, 2021 represents approximately 80.8% of SciPlay’s total outstanding shares of common stock and approximately 97.7% of the combined voting power of both classes of SciPlay’s outstanding common stock. Accordingly, we continue to control shares representing a majority of the combined voting power in SciPlay and continue to have a controlling financial interest in and consolidate SciPlay.

In connection with the IPO, we consummated a series of organizational and other transactions, including an Intercompany Services Agreement, under which SGC provides to SciPlay certain corporate level general and administrative services that are charged to SciPlay and settled in cash and an intellectual property license agreement (“IP License Agreement”), pursuant to which SciPlay acquired certain licenses from a restricted subsidiary of SGC for a one-time payment of $255 million. Additionally, we entered into a tax receivable agreement (“TRA”), which provides for the payment by SciPlay to SGC of 85% of the amount of tax benefits, if any, that SciPlay actually realizes (or in some circumstances is deemed to realize) in connection with increases in the tax basis of assets of SciPlay Parent Company, LLC (“SciPlay Parent LLC”), over which SciPlay Corporation is the sole manager, in connection with the SciPlay IPO, redemption or exchanges of membership interests or certain distributions and other tax benefits related to SciPlay’s making of payments under the TRA.

The corporate structure of the above transaction is commonly referred to as an “Up-C” structure, which allows us to continue to realize tax benefits associated with owning interests in an entity that is treated as a partnership, or “passthrough” entity, for U.S. income tax purposes. One of these benefits is that future taxable income of SciPlay Parent LLC that is allocated to us will be taxed on a flow-through basis and therefore will not be subject to corporate taxes at the SciPlay Parent LLC entity level. Additionally, because the Company may exchange or redeem our LLC Interests for newly issued shares of SciPlay’s Class A common stock on a one-for-one basis or, at SciPlay’s option, for cash, the Up-C structure also provides us with potential liquidity that holders of non-publicly traded limited liability companies are not typically afforded.

As a result of these transactions, in 2019 we received $312 million in net proceeds from the offering (net of $30 million used by SciPlay to pay the offering fees and balance retained by SciPlay for general corporate purposes).

The noncontrolling interest share of equity in SciPlay is reflected as a component of the noncontrolling interest in the accompanying consolidated balance sheets and was $150 million and $129 million as of December 31, 2021 and 2020, respectively. The legal entities that comprise SciPlay are unrestricted subsidiaries under our credit agreement and the indentures governing the Senior Notes.

Significant Accounting Policies

Additional accounting policy disclosures are provided within the applicable Notes.

Cash and cash equivalents

Cash and cash equivalents include all cash balances and highly liquid investments with an original maturity of three months or less. We place our temporary cash investments with high credit quality financial institutions. At times, such investments in U.S. accounts may be in excess of the Federal Deposit Insurance Corporation insurance limit.

Restricted cash

We are required by gaming regulations to maintain sufficient reserves in restricted cash accounts to be used for the purpose of funding payments to WAP jackpot winners. These restricted cash balances are based primarily on the jackpot meters displayed to slot players or for previously won jackpots and vary by jurisdiction. Compliance with maintaining adequate restricted cash balances and complying with appropriate investment guidelines for jackpot funding is periodically reported to gaming authorities.

Minimum guarantees under licensing agreements

We enter into long-term license agreements with third parties in which we are obligated to pay a minimum guaranteed amount of royalties, typically periodically over the life of the contract. These license agreements provide us with access to a portfolio of major brands to be used across our business segments in building our strong brand presence across multiple

channels of distributions. We account for the minimum guaranteed obligations within accrued and other long-term liabilities at the onset of the license arrangement and record a corresponding licensed asset within intangible assets, net. The licensed intangible assets related to the minimum guaranteed obligations are amortized over the term of the license agreement with the amortization expense recorded in D&A. The long-term liability related to the minimum guaranteed obligations is reduced as royalty payments are made as required under the license agreement. We assess the recoverability of license agreements whenever events arise or circumstances change that indicate the carrying value of the licensed asset may not be recoverable. Recoverability of the licensed asset and the amount of impairment, if any, are determined using our policy for intangible assets with finite useful lives.

Amortization expense related to these licenses and recorded in D&A for the years ended December 31, 2021, 2020 and 2019 was $40 million, $60 million and $68 million, respectively.

The following are our total minimum guaranteed obligations for the periods presented:


	As of December 31,
	2021		2020
Current liabilities	$	35	$	40
Other long-term liabilities	70		104
Total minimum guarantee obligations	$	105	$	144
Weighted average remaining term (in years)	4		4

The following are our remaining expected future payments of minimum guarantee obligations:


	Year Ending December 31,
	2022	2023	2024	2025	2026	After 2026
Expected future payments	$35	$23	$23	$23	$1	$—

Other assets

We capitalize debt issuance costs associated with long-term line-of-credit arrangements and amortize such amounts ratably over the term of the arrangement as an adjustment to interest expense.

We assess the recoverability of our other long-term assets whenever events arise or circumstances change that indicate the carrying value of the asset may not be recoverable.

Advertising costs

The cost of advertising is expensed as incurred and totaled $124 million, $123 million and $125 million in 2021, 2020 and 2019, respectively.

R&D

R&D relates primarily to software product development costs and is expensed as incurred until technological feasibility has been established. Employee-related costs associated with product development are included in R&D.

Foreign currency translation

We have significant operations where the local currency is the functional currency, including our operations in the U.K., Europe, Australia and Canada. Assets and liabilities of foreign operations are translated at period-end rates of exchange and results of operations are translated at the average rates of exchange for the period. Gains or losses resulting from translating the foreign currency financial statements are accumulated as a separate component of accumulated other comprehensive loss in stockholders’ deficit. Gains or losses resulting from foreign currency transactions are included in Other (expense) income, net.

Comprehensive income (loss)

We include and classify in comprehensive income (loss) unrealized gains and losses from our foreign currency translation adjustments, the effective portion of derivative financial instruments designated as hedging instruments, net investment non-derivative hedge of our investments in certain of our international subsidiaries and for our discontinued operations certain gains or losses associated with pension or other post-retirement benefits, including prior service costs or credits and transition assets or obligations.

New Accounting Guidance - Recently Adopted

The FASB issued ASU No. 2021-05, Leases (Topic 842): Lessors – Certain Leases with Variable Lease Payments, on July 19, 2021. The new guidance requires the lessor to classify a lease with variable lease payments that do not depend on an index or a rate as an operating lease at lease commencement if classifying the lease as a sales-type lease or direct financing lease would result in the recognition of a selling loss. We adopted this standard during the third quarter of 2021 on a prospective basis. The adoption of this guidance did not have a material effect on our consolidated financial statements.

New Accounting Guidance - Not Yet Adopted

The FASB issued ASU No. 2020-04 and subsequently ASU No. 2021-01, Reference Rate Reform (Topic 848) in March 2020 and January 2021, respectively. The new guidance provides optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships, including derivative instruments impacted by changes in the interest rates used for discounting cash flows for computing variable margin settlements, subject to meeting certain criteria, that reference LIBOR or other reference rates expected to be discontinued, in 2022 or potentially 2023 (pending possible extension). The ASUs establish certain contract modification principles that entities can apply in other areas that may be affected by reference rate reform and certain elective hedge accounting expedients and exceptions. The ASUs may be applied prospectively. Based on our preliminary assessment completed to date, we do not expect the adoption of this guidance to have a significant impact on our consolidated financial statements.

We do not expect that any other recently issued accounting guidance will have a significant effect on our consolidated financial statements.

Business Segments

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Business Segments


	Year Ended December 31, 2020
	Gaming		SciPlay		iGaming		Unallocated and Reconciling Items(1)		Total
Total revenue	$	926	$	582	$	191	$	—	$	1,699
AEBITDA(2)	240		189		58		(113)		$	374
Reconciling items to consolidated Net loss from continuing operations before income taxes:
D&A	(348)		(10)		(48)		(43)		(449)
Goodwill impairment	(54)		—		—		—		(54)
Restructuring and other	(30)		(2)		(4)		(20)		(56)
Interest expense							(503)		(503)
Loss on debt financing transactions							(1)		(1)
Loss on remeasurement of debt							(51)		(51)
Other expense, net							(8)		(8)
Stock-based compensation							(56)		(56)
Net loss from continuing operations before income taxes									$	(804)

Assets as of December 31, 2020	$	4,364	$	564	$	423	$	714	$	6,065
Capital expenditures for the year ended December 31, 2020	$	102	$	7	$	14	$	14	$	137
(1) Includes amounts not allocated to the business segments (including corporate costs) and reconciling items to reconcile the total business segments AEBITDA to our consolidated net loss from continuing operations before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 3.


	Year Ended December 31, 2019
	Gaming		SciPlay		iGaming		Unallocated and Reconciling Items(1)		Total
Total revenue	$	1,748	$	466	$	174	$	—	$	2,388
AEBITDA(2)(3)	856		122		40		(120)		$	898
Reconciling items to consolidated Net loss from continuing operations before income taxes:
D&A	(437)		(7)		(38)		(60)		(542)
Restructuring and other	(10)		(3)		(7)		(5)		(25)
Interest expense							(589)		(589)
Loss on debt financing transactions							(100)		(100)
Gain on remeasurement of debt							9		9
Other income, net							4		4
Stock-based compensation							(32)		(32)
Net loss from continuing operations before income taxes									$	(377)

Capital expenditures for the year ended December 31, 2019	$	167	$	9	$	26	$	22	$	224
(1) Includes amounts not allocated to the business segments (including corporate costs) and reconciling items to reconcile the total business segments AEBITDA to our consolidated net loss from continuing operations before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 3.
(3) The year ended December 31, 2019 includes a charge of $10 million for intellectual property royalties paid by SciPlay to the Gaming business segment, which is no longer being paid as of May 7, 2019 in connection with the IP License Agreement described in Note 1.

The following tables present revenue by customer location and property and equipment by geographic location:


	Year Ended December 31,
	2021		2020		2019
Revenue:
U.S.	$	1,551	$	1,181	$	1,566
Other	602		518		822
Total	$	2,153	$	1,699	$	2,388


	As of December 31,
	2021		2020
Property and equipment, net:
U.S.	$	147	$	143
Other	66		99
Total	$	213	$	242

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

Revenue Recognition

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Revenue Recognition

The following table disaggregates our revenues by type within each of our business segments:


	Revenue recognized for Year Ended December 31,
Revenue category	2021		2020		2019
Gaming
Gaming operations(1)	$	601	$	332	$	597
Gaming machine sales	360		312		609
Gaming systems	204		171		295
Table products	156		111		247
Total	$	1,321	$	926	$	1,748

SciPlay
Mobile	$	537	$	506	$	391
Web and other	69		76		75
Total	$	606	$	582	$	466

iGaming	$	226	$	191	$	174

(1) Gaming operations revenue for the year ended December 31, 2021 benefited from $44 million U.K. fixed odds betting terminals (“FOBT”) recovery received from certain U.K. customers for value-added tax charged on FOBTs (“FOBT recovery”) related to a 2020 U.K. court ruling associated with overcharging of value-added tax for gaming operators that consequently reduced our net gaming revenues in those affected prior periods related to these customers and arrangements.

General

We evaluate the recognition of revenue and rental income based on the criteria set forth in ASC 606 or ASC 842, as appropriate. Revenue is recognized net of incentive rebates and discounts when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. Sales taxes and all other items of a similar nature are excluded from the measurement of the transaction price and shipping and handling activities are treated as a fulfillment of our promise to transfer the goods, hence, included in cost of sales.

Our credit terms are predominately short term in nature. We also grant extended payment terms under certain Gaming contracts, with financing terms of more than 12 months, primarily where the sale is secured by the related equipment sold. For these contracts with customers for which the financing component is determined to be significant to the contract, and have financing terms of more than 12 months, the contract transaction price is adjusted for the effect of a financing component (time value of money).

Any sales commissions associated with the sale or placement of our products and services are expensed as incurred as contracts associated with sales commissions are generally completed within a one-year period.

Contracts with Customers with Multiple Promised Goods and Services

We enter into contracts with customers that include multiple promises (such as gaming machines, gaming systems hardware and software, installation, service and maintenance, warranties, and maintenance bundled promises). For such contracts, the transaction price is allocated to each distinct performance obligation using an estimate of stand-alone selling price, which is generally based on observable prices or a cost plus margin approach. The establishment of stand-alone selling price requires judgment as to whether there is a sufficient quantity of items sold or substantively renewed on a stand-alone basis and those prices demonstrate an appropriate level of concentration to conclude that a stand-alone selling price exists.

The guidance in ASC 606 requires that we apply judgments or estimates to determine both the performance obligations and the stand-alone selling prices of identified performance obligations. Contracts with multiple promised goods and services described above will often involve significant judgment in determining whether each promise is distinct or should be combined with other promises in such contracts in concluding on the distinct performance obligations for such contracts. Such judgment generally requires an assessment of the level of integration and interdependency between individual components particularly in our gaming systems and certain digital contracts with customers. Associated with these same contracts, we also apply significant judgment to determine the stand-alone selling prices of the identified performance obligations.

Gaming Operations

Gaming operations revenues are generated by providing customers access to proprietary land-based gaming equipment and content, table game products and VLTs under a variety of recurring operating, service, or rental contracts, for which consideration is based upon a percentage of Coin-in, a percentage of Net win, or a fixed daily/monthly fee, with variability generally resolved in the reporting period. For these contracts with customers, we generally transfer control and recognize

revenue or rental income over time based on the amount we expect to receive as described and classify such revenue or rental income as services revenue. Payments from customers under these contracts are typically due on a monthly basis. Jackpot expense for our WAP services is recorded as a reduction to revenue, which decreased revenue by $27 million, $16 million, and $20 million for the years ended December 31, 2021, 2020, and 2019 respectively.

The amount of rental income revenue that is outside the scope of ASC 606 was $374 million, $209 million, and $373 million for the years ended December 31, 2021, 2020, and 2019, respectively.

Gaming Machine Sales

These contracts with customers include the sale of gaming machines, including game content, electronic table game products and parts (including game themes and conversion kits). We transfer control and recognize revenue from the sale of gaming machines at a point in time upon delivery of gaming machines to our customers or distributors pursuant to the terms of the contract.

Gaming Systems

Gaming systems contracts with customers can include a comprehensive suite of technology solutions provided to gaming operators, including perpetual licenses to core system solutions and non-core system solutions and other applications and tools. Gaming systems products also include the iVIEW® touch screen display, which facilitates the player experience, bonus features, customer service, and employee functions and ongoing hardware and software maintenance services and upgrades.

Determination of performance obligations and timing of the transfer of control varies by contract. Generally, these contracts contain multiple promised goods and services, including the following: (i) core system software license; (ii) non-core system software license(s); (iii) professional services; (iv) system-based hardware; (v) in-game hardware products; and (vi) software and hardware maintenance and product support.

Control transfers and we recognize revenue from the sale of perpetual gaming systems licenses and various hardware products at a point in time when the gaming system is available for use by a customer which is no earlier than the commencement of the license term, and for the hardware products upon delivery. For contracts that include new core gaming system installations, control is not considered transferred until control of the core gaming system license is transferred as the additional promises are generally highly dependent on the core gaming system. Software and hardware maintenance and product support services are considered stand-ready obligations, therefore control transfers and revenue is recognized over time over the term of the maintenance and support period.

Table Products

Table products revenue is generated from supplying and maintaining or selling table game products, primarily including automatic card shufflers, deck checkers, table roulette chip sorters and other land-based table gaming equipment. We transfer control and recognize revenue from the sale of table products at a point in time upon delivery to our customers or distributors pursuant to the terms of the contract. For supply and maintenance contracts, for which consideration is primarily based on a fixed monthly fee, we generally transfer control and recognize rental income over the term of the supply period and classify such rental income as service revenue. Such contracts are generally short-term in nature. We also license our proprietary table games content, for which revenue is recognized at a point in time under the licensing of intellectual property guidance as such licenses are functional licenses or over time for subscription arrangements to our proprietary table games content library.

SciPlay

SciPlay revenues are generated from the sale of virtual coins, chips and bingo cards (“coins, chips and cards”), which players can use to play casino‑style slot games, table games and bingo games (i.e., spin in the case of slot games, bet in the case of table games and use of bingo cards in the case of bingo games). SciPlay distributes its games through various global social web and mobile platforms such as Facebook, Apple, Google and Amazon, with some of the games available on Microsoft and other web and mobile platforms. Control transfers and SciPlay recognizes revenues from player purchases of coins, chips and cards as the coins, chips and cards are consumed for game play and cannot be redeemed nor exchanged for cash. SciPlay determined through a review of play behavior that game players generally do not purchase additional coins, chips and cards until their existing coins, chips and cards balances have been substantially consumed. As SciPlay is able to track the duration between purchases of coins, chips and cards for individual game players for specific games, SciPlay is able to reliably estimate the period of time over which coins, chips and cards are consumed. Accordingly, for most games, SciPlay recognizes revenue using an item-based revenue model. Because SciPlay has control over the content and functionality of games before they are accessed by the end user, SciPlay has determined it is the principal and, as a result, revenues are recorded on a gross basis.

Payment processing fees paid to platform providers (such as Facebook, Apple, Amazon, Google and Microsoft) are recorded within cost of services. All SciPlay revenue is classified as services revenue.

iGaming

iGaming revenue is generated from various content aggregation platforms, remote gaming servers, and various other platforms, which deliver a wide spectrum of internally developed and branded games and popular third-party provided games to gaming operators as well as platform technology solutions, which provide gaming operators optional portals for reporting and administrative functions. We provide daily access to these platforms and are typically compensated based on variable consideration, such as a percentage of net gaming revenue with variability generally resolved in the reporting period. All iGaming revenue is classified as services revenue.

Contract Liabilities and Other Disclosures

The following table summarizes the activity in our contract liabilities for the reporting period:


	Year Ended December 31, 2021
Contract liability balance, beginning of period(1)	$	27
Liabilities recognized during the period	31
Amounts recognized in revenue from beginning balance	(21)
Contract liability balance, end of period(1)	$	37
(1) Contract liabilities are included within Accrued liabilities and Other long-term liabilities in our consolidated balance sheets.

The timing of revenue recognition, billings and cash collections results in billed receivables, unbilled receivables (contract assets), and customer advances and deposits (contract liabilities) on our consolidated balance sheets. Other than contracts with customers with financing arrangements exceeding 12 months, revenue recognition is generally proximal to conversion to cash.

The following table summarizes our opening and closing balances in our receivables and contract assets:


	Receivables		Contract Assets(1)
End of period balance, December 31, 2020	$	457	$	20
End of period balance, December 31, 2021	440		19


(1) Contract assets are included primarily within Prepaid expenses, deposits and other current assets in our consolidated balance sheets.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Restructuring and other

12 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

Restructuring and other

Restructuring and other includes charges or expenses attributable to: (i) employee severance; (ii) management restructuring and related costs; (iii) restructuring and integration; (iv) cost savings initiatives; (v) major litigation; and (vi) acquisition related and other unusual items. The following table summarizes pre-tax restructuring and other costs for the periods presented:


	Year Ended December 31,
	2021		2020		2019
Employee severance and related(1)	$	4	$	29	$	8
Strategic review and related(2)	97		—		—

Legal and related (see Note 20)	25		—		—
Restructuring, integration and other	41		27		17
Total	$	167	$	56	$	25

(1) The year ended December 31, 2020 includes $29 million in severance and other benefits granted to employees as a result of COVID-19 related austerity measures.
(2) Represents costs associated with the Pending Divestitures as further described in Note 1.

Basic and Diluted Net Loss Per Share

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Basic and Diluted Loss Per Share

Basic and diluted net income (loss) attributable to SGC per share is based upon net income (loss) attributable to SGC divided by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the effect of the assumed exercise of stock options and RSUs only in the periods in which such effect would have been dilutive.

The below table presents a reconciliation of weighted average shares used in the calculation of basic and diluted earnings per share.


	Year Ended December 31,
	2021	2020	2019
Weighted average shares for basic earnings per share	96	95	93
Stock options	1	—	—
RSUs	1	—	—
Weighted average shares for diluted earnings per share	98	95	93

We excluded 2 million and 1 million stock options from the calculation of diluted weighted-average net loss attributable to SGC per share for the years ended December 31, 2020 and 2019, respectively, which would be anti-dilutive due to the net loss from continuing operations in those periods. In addition, we excluded 3 million RSUs from the calculation of diluted weighted-average net loss attributable to SGC per share for each of the years ended December 31, 2020 and 2019, which would be anti-dilutive due to the net loss from continuing operations in those periods.

Accounts Receivable and Notes Receivable and Credit Quality of Receivables

12 Months Ended

Dec. 31, 2021

Receivables [Abstract]

Accounts Receivable and Notes Receivable and Credit Quality of Receivables

Receivables

Receivables are recorded at the invoiced amount less allowance for credit losses and imputed interest, if any. For a portion of our receivables, we have provided extended payment terms with installment payment terms greater than 12 months and in certain international jurisdictions up to 36 months. We have a total of $67 million in gross receivables with extended payment terms as of December 31, 2021. Interest income, if any, is recognized ratably over the life of the receivable, and any related fees or costs to establish the receivables are charged to selling, general and administrative expense as incurred, as they are immaterial. Actual or imputed interest, if any, is determined based on current market rates at the time the receivables with extended payment terms originated and is recorded ratably over the payment period, which approximates the effective interest method. We generally impute interest income on all receivables with payment terms greater than one year that do not contain a stated interest rate. Our general policy is to recognize interest on receivables until a receivable is deemed non-performing, which we define as payments being overdue by 180 days beyond the agreed-upon terms. When a receivable is deemed to be non-performing, the item is placed on non-accrual status and interest income is recognized on a cash basis. Accrued interest, non-performing receivables and interest income were immaterial for all periods presented.

The following table summarizes the components of current and long-term receivables, net:


	As of December 31,
	2021		2020
Current:
Receivables	$	475	$	514
Allowance for credit losses	(52)		(76)
Current receivables, net	423		438
Long-term:
Receivables	19		24
Allowance for credit losses	(2)		(5)
Long-term receivables, net	17		19
Total receivables, net	$	440	$	457

Allowance for Credit Losses

The receivables allowance for credit losses is our best estimate of the amount of expected credit losses in our existing receivables over the contractual term. We evaluate our exposure to credit loss on both a collective and individual basis. We evaluate such receivables on a geographic basis and take into account any relevant available information, which begins with historical credit loss experience and consideration of current and expected conditions and market trends (such as general economic conditions, other microeconomic and macroeconomic considerations, etc.) and reasonable and supportable forecasts that could impact the collectability of such receivables over the contractual term individually or in the aggregate. Changes in

circumstances relating to these factors may result in the need to increase or decrease our allowance for credit losses in the future.

We manage our receivable portfolios using both geography and delinquency as key credit quality indicators. The following table summarizes geographical delinquencies of total receivables, net:


	As of
	December 31, 2021		Balances over 90 days past due		December 31, 2020		Balances over 90 days past due
Receivables:
U.S. and Canada	$	321	$	37	$	339	$	85
International	173		44		199		45
Total receivables	494		81		538		130

Receivables allowance
U.S. and Canada	(18)		(6)		(43)		(26)
International	(36)		(19)		(38)		(20)
Total receivables allowance	(54)		(25)		(81)		(46)

Receivables, net	$	440	$	56	$	457	$	84

Account balances are charged against the allowances after all internal and external collection efforts have been exhausted and the potential for recovery is considered remote.

The activity in our allowance for receivable credit losses for each of the years ended December 31, 2021 and 2020 is as follows:


	2021						2020
	Total		U.S and Canada		International		Total
Beginning allowance for credit losses	$	(81)	$	(43)	$	(38)	$	(37)









Provision	2		1		1		(56)
Charge-offs and recoveries	25		24		1		12
Allowance for credit losses as of December 31	$	(54)	$	(18)	$	(36)	$	(81)

At December 31, 2021, 13% of our total receivables, net, were past due by over 90 days compared to 18% at December 31, 2020.

Credit Quality of Receivables

In our Gaming machine sales business, we file UCC-1 financing statements domestically in order to retain a security interest in the gaming machines that underlie a significant portion of our domestic receivables until the receivable balance is fully paid. However, the value of the gaming machines, if repossessed, may be less than the balance of the outstanding receivable. For international customers, depending on the country and our historic collection experience with the customer, we may obtain pledge agreements, bills of exchange, guarantees, post-dated checks or other forms of security agreements designed to enhance our ability to collect the receivables, although a majority of our international receivables do not have these features. In our Gaming operations business, because we own the Participation gaming machines that are leased or otherwise provided to the customer, in a bankruptcy the customer has to generally either accept or reject the lease or other agreement and, if rejected, our gaming machines are returned to us. Our receivables related to revenue earned on Participation gaming machines and all other revenue sources are typically unsecured claims.

Due to the significance of our gaming machines to the ongoing operations of our casino customers, we may be designated as a key vendor in any bankruptcy filing by a casino customer, which can enhance our position above other creditors in the bankruptcy. Due to our successful collection experience and our continuing relationship with casino customers and their businesses, it is infrequent that we repossess gaming machines from a customer in partial settlement of outstanding receivable balances. In those unusual instances where repossession occurs to mitigate our exposure on the related receivable, the repossessed gaming machines are subsequently resold in the used gaming machine market; however, we may not fully recover the receivable from this re-sale.

We have certain concentrations of outstanding receivables in international locations that impact our assessment of the credit quality of our receivables. We monitor the macroeconomic and political environment in each of these locations in our assessment of the credit quality of our receivables. The international customers with significant concentrations (generally deemed to be exceeding 10%) of our receivables with terms longer than one year are in the Latin America region (“LATAM”) and are primarily comprised of Mexico, Peru and Argentina. The following table summarizes our LATAM receivables:


	As of
	December 31, 2021		Current or Not Yet Due		Balances Over 90 days Past Due
Receivables	$	103	$	45	$	58
Allowance for credit losses	(38)		(17)		(21)
Receivables, net	$	65	$	28	$	37

2020 Allowance for Credit Loss Charges

We increased our allowance for credit losses by $56 million for the year ended December 31, 2020. The increase during 2020 was primarily related to certain Gaming customers in LATAM (which transact with both domestic and international subsidiaries) as those customers were particularly affected by macroeconomic factors exacerbated by COVID-19 and extended COVID-19 closures of gaming operations establishments with COVID-related closures lasting longer than in other geographic regions. As noted above, we have concentrations of receivables in LATAM, where customers generally take longer to pay us than those from other geographies and late payments continued to persist through 2020, in which we collected substantially less compared to historical quarterly collections primarily due to the factors noted above. In addition, customers in this region expect and have often been granted extended payment terms, as described above, which increases our risk of collections. Our customers in LATAM have been and may continue to be negatively affected by the factors noted above. Our policy is to continuously review receivables and as information concerning credit quality arises, we reassess our expectations of future losses. If such losses exceed our existing allowance for credit losses we record an incremental reserve at that time. Our current allowance for credit losses represents our current expectation of credit losses; however future expectations could change as the ultimate impact of the COVID-19 disruption remains uncertain, particularly as to the financial stability of our customers during and after the COVID-19 disruption period.

We did not have any material changes to our allowance for credit losses for the year ended December 31, 2021.

The fair value of receivables is estimated by discounting expected future cash flows using current interest rates at which similar loans would be made to borrowers with similar credit ratings and remaining maturities. As of December 31, 2021 and December 31, 2020, the fair value of receivables, net, approximated the carrying value due to contractual terms of receivables generally being less than 24 months.

Inventories

12 Months Ended

Dec. 31, 2021

Inventory Disclosure [Abstract]

Inventories

Inventories are stated at the lower of cost or net realizable value. Cost is determined on the first-in, first-out or weighted moving average method. Our inventory primarily consists of gaming machines and table products for sale and related parts. We determine the lower of cost or net realizable value of our inventory based on estimates of potentially excess and obsolete inventories after considering historical and forecasted demand and average selling prices. Our policy is to continuously review and assess the value of our inventory, especially during the COVID-19 disruption period, which in 2020 led to a significant decline in demand for our gaming units due to customers delaying or reducing their capital expenditures. We continuously monitor demand, assess our internal outlook and rationalize our product roadmap, all of which could result in recording adjustments to the valuation of inventory.

Inventories consisted of the following:


	As of December 31,
	2021		2020
Parts and work-in-process	$	70	$	86
Finished goods	28		33
Total inventories	$	98	$	119

Parts and work-in-process include parts for gaming machines and our finished goods inventory primarily consist of gaming machines for sale.

Property and Equipment, net

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment, net

Property and equipment are stated at cost, and when placed into service, are depreciated using the straight-line method over the estimated useful lives of the assets as follows:


Item						Estimated Life in Years
Gaming equipment						1 - 5
Machinery and equipment						3 - 15
Transportation equipment						3 - 8
Furniture and fixtures						5 - 10
Buildings and improvements						15 - 40

Costs incurred for equipment associated with specific Gaming contracts not yet placed into service are classified as construction in progress and are not depreciated until placed into service. Leasehold improvements are amortized over the lesser of the term of the corresponding lease or their useful life.

We periodically review the estimated useful lives of our fixed assets and assess the recoverability of long-lived assets (or asset groups) whenever events or changes in circumstances indicate that the carrying value of such an asset (or asset groups) may not be recoverable.

Property and equipment, net consisted of the following:


	As of December 31,
	2021		2020
Land	$	6	$	6
Buildings and leasehold improvements	55		59
Gaming machinery and equipment	712		701
Furniture and fixtures	22		25
Construction in progress	9		6
Other property and equipment	84		86
Less: accumulated depreciation	(675)		(641)
Total property and equipment, net	$	213	$	242

Depreciation expense is excluded from Cost of services, Cost of product sales and Other operating expenses and is separately presented within D&A.


	Year Ended December 31,
	2021		2020		2019(1)
Depreciation expense	$	120	$	145	$	178
(1) Includes assets held for sale impairment charges of $9 million.

Acquisitions

12 Months Ended

Dec. 31, 2021

Business Combinations [Abstract]

Acquisitions

We account for business combinations in accordance with ASC 805, which requires us to recognize all (and only) the assets acquired and liabilities assumed in the transaction and establishes the acquisition-date fair value as the measurement objective for all assets acquired and liabilities assumed in a business combination. Certain provisions of this standard prescribe, among other things, the determination of acquisition-date fair value of consideration paid in a business combination (including contingent consideration) and the exclusion of transaction and acquisition related restructuring costs from acquisition accounting.

2021 Acquisitions

Acquisitions Related to Continuing Operations

In July of 2021, SciPlay acquired privately held Koukoi Games Oy (“Koukoi”), a developer and operator of casual mobile games. Koukoi has been included in our SciPlay business segment and was accounted for as an asset acquisition.

In August of 2021, we acquired privately held Lightning Box Games (“Lightning Box”), an iGaming content studio. Lightning Box has been included in our iGaming business segment.

In October of 2021, we signed a definitive agreement to acquire Automated Cashless Systems, Inc.’s (“ACS”) table game solution PlayOn™ (“PlayOn™”), a cashless product line that provides players with a debit solution at live table games. PlayOn™ was re-named to “Access To On Demand Money” (“AToM™”) and is included in our Gaming business segment.

In November of 2021, we acquired Authentic Gaming, a premium provider of live casino solutions, which has been included in our iGaming business segment.

In December of 2021, we acquired ELK Studios, a leading European games developer, which has been included in our iGaming business segment.

Acquisitions Related to Discontinued Operations

In August of 2020, we obtained a one-year option agreement to acquire SportCast Pty, Limited (the “SportCast Option”), a privately held sports-betting content and player engagement technology and platform supplier. We accounted for the SportCast Option by electing a measurement alternative to measure this equity investment at cost, less impairment given lack of readily determinable fair value in accordance with ASC Topic 321. In May of 2021, we exercised the SportCast Option and completed an acquisition of SportCast (the “SportCast Acquisition”), which expanded the Sports Betting business’ portfolio of sports-betting technology, services and content.

In September of 2021, we acquired Sideplay Entertainment (“Sideplay”), a digital “e-instant” content studio. Sideplay has been included in the Lottery business.

The following table summarizes an aggregate disclosure related to business acquisitions completed during the year ended December 31, 2021:


	Total Consideration		Cash paid, net of cash acquired		Contingent Consideration(1)		Allocation of purchase price to Intangible assets, net(2)		Weighted average useful life of acquired intangible assets		Excess purchase price allocated to Goodwill(3)
Acquisitions related to continuing operations(4)	$	252	$	186	$	45	$	52	6.4	Years	$	191
Acquisitions related to discontinued operations(5)	106		18		25		35		6	Years	77
Aggregate total	$	358	$	204	$	70	$	87			$	268

(1) Contingent acquisition consideration values are primarily based on reaching certain earnings-based metrics, with a cumulative maximum payout of up to $109 million as of December 31, 2021 and were determined by fair value and included in the consideration transferred. The fair value was primarily determined using an income approach method and level 3 inputs in the hierarchy as established by ASC 820. The maximum contingent acquisition consideration liability related to continuing operations was $86 million as of December 31, 2021. The maximum contingent acquisition consideration liability related to discontinued operations was $23 million as of December 31, 2021.
(2) Intangible assets primarily consist of technology-based and customer relationship intangible assets. The fair value of these intangible assets was determined using an income approach method and level 3 inputs in the hierarchy as established by ASC 820. The discount rates and royalty rates used in the valuation analyses ranged between 15% and 29% and 1% and 52%, respectively.
(3) The factors contributing to the recognition of acquisition goodwill are based on customer offering diversification, expected synergies, assembled workforce and other strategic benefits. None of the resultant goodwill is expected to be deductible for income tax purposes.
(4) Authentic Gaming and Elk Studios (included within this line) are based on the preliminary allocations of the purchase price expected to be finalized during the first half of 2022, pending completion of the valuation analyses for the acquired intangible assets.
(5) The SportCast acquisition’s total consideration transferred included $63 million in fair value of the SportCast Option, which resulted in a $63 million gain recorded in the Net income from discontinued operations, net of tax, line item in our consolidated statements of operations for the year ended December 31, 2021 due to the increase in fair value of the SportCast Option. The fair value of the Sportscast Option has been determined using an income approach method and level 3 inputs in the hierarchy as established by ASC 820. The discount rate used in the valuation analyses was 15%.

The revenue and earnings associated with all of the above acquisitions are not significant to our consolidated financial statements.

2020 Acquisitions

On June 22, 2020, SciPlay completed the acquisition of all of the issued and outstanding capital stock of privately held mobile and social game company Come2Play, Ltd. (“Come2Play”), which expands SciPlay’s existing portfolio of social games. Come2Play offers a solitaire social game targeted towards casual game players on the same platform in which SciPlay currently offers its existing games. The total purchase consideration was $18 million, which includes our estimate of contingent acquisition consideration. Our allocation of the purchase price resulted in $13 million intangible assets primarily allocated to customer relationships and acquired technology and $7 million in excess purchase price allocated to goodwill.

Alictus Acquisition

On March 1, 2022, SciPlay acquired 80% of all issued and outstanding share capital of privately held Alictus Yazilim Anonim Şirketi (“Alictus”), a Turkey-based hyper-casual game studio for approximately $102 million cash consideration, net of cash acquired. The remaining 20% will be acquired ratably for potential additional consideration payable annually based upon the achievement of specified revenue and EBITDA targets by Alictus during each of the five years following the acquisition date. Any future payments associated with the acquisition of the remaining 20% will represent a contingent consideration obligation, with a minimum payout of $— million and a maximum payout of $200 million. The Alictus acquisition expands SciPlay’s business in the casual gaming market, growing their game pipeline and diversifying their revenue streams as they advance their strategy to be a diversified global game developer.

We are in the process of completing the preliminary purchase price accounting and expect that a substantial amount of the purchase price will be allocated to goodwill and intangible assets. The revenue, earnings and assets associated with the Alictus acquisition are not significant to our historical consolidated financial statements.

Intangible Assets, net and Goodwill

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, net and Goodwill

Intangible Assets, net

The following tables present certain information regarding our intangible assets as of December 31, 2021 and December 31, 2020. Amortizable intangible assets are being amortized on a straight-line basis over their estimated useful lives with no estimated residual values, which materially approximates the expected pattern of use.


	As of
	December 31, 2021						December 31, 2020
	Gross Carrying Value		Accumulated Amortization		Net Balance			Gross Carrying Value		Accumulated Amortization		Net Balance
Amortizable intangible assets:
Customer relationships	$	911	$	(445)	$	466		$	904	$	(384)	$	520
Intellectual property	914		(670)		244			893		(621)		272
Licenses	472		(380)		92			472		(344)		128
Brand names	132		(97)		35			127		(86)		41
Trade names(1)	158		(54)		104			112		(38)		74
Patents and other	12		(7)		5			11		(6)		5
Total amortizable intangible assets	2,599		(1,653)		946			2,519		(1,479)		1,040

Non-amortizable intangible assets:
Trade names(1)	—		—		—			50		(2)		48
Total intangible assets	$	2,599	$	(1,653)	$	946		$	2,569	$	(1,481)	$	1,088

(1) During the fourth quarter of 2021, a legacy trade name was reclassified to amortizable trade names assets as a result of our rebranding initiatives (see below in this Note 11 for additional details).

The following reflects intangible amortization expense included within D&A:


	Year Ended December 31,
	2021		2020		2019
Amortization expense	$	197	$	207	$	257

Estimated intangible asset amortization expense for the year ending December 31, 2022 and each of the subsequent four years:


	Year Ending December 31,
	2022		2023		2024		2025		2026
Amortization expense	$	246	$	190	$	147	$	101	$	87

During the fourth quarter of 2021 and as a result of corporate-wide rebranding, we determined that useful lives for certain of our indefinite-lived and finite-lived trade names in our Gaming business segment warrant a change. We first performed an impairment assessment, which indicated that carrying values of these trade names are recoverable (or for our indefinite-lived asset, the estimated fair value was more likely than not in-excess of the carrying value). The change in useful life determination was treated as a change in estimate with a $109 million carrying value of these legacy trade names being amortized on a straight-line basis over a twenty month period beginning in the fourth quarter of 2021, which materially approximates the expected pattern of use over their remaining useful lives and periods over which these legacy trade names will contribute to the future cash flows of the respective asset groups. The incremental expense of this change for the year ended December 31, 2021 was $10 million and is recorded in D&A.

Goodwill

The table below reconciles the change in the carrying value of goodwill, by business segment, for the period from December 31, 2019 to December 31, 2021.


	Gaming(1)		SciPlay		iGaming		Totals
Balance as of December 31, 2019	$	2,449	$	115	$	170	$	2,734
Impairment	(54)		—		—		(54)
Acquired goodwill	—		7		—		7
Foreign currency adjustments	30		2		11		43
Balance as of December 31, 2020	2,425		124		181		2,730

Acquired goodwill	—		—		191		191
Foreign currency adjustments	(20)		2		(11)		(29)

Balance as of December 31, 2021	$	2,405	$	126	$	361	$	2,892

(1) Accumulated goodwill impairment charges for the Gaming segment as of December 31, 2021 were $989 million.

Goodwill represents the excess of the purchase price over the fair value of the assets acquired and liabilities assumed of acquired companies. We test goodwill for impairment annually as of October 1 of each fiscal year or more frequently if events arise or circumstances change that indicate that it is more likely than not that the fair value of a reporting unit is less than its carrying value.

We evaluate goodwill at the reporting unit level by comparing the carrying value of each reporting unit to its fair value using a quantitative impairment test or qualitative assessment, as deemed appropriate. Under the qualitative assessment option, we first assess qualitative factors to determine whether the fair value of a reporting unit is not “more than likely” less than its carrying value, which is commonly referred to as “Step 0”. If the fair value of the reporting unit is greater or if it is more likely than not that the fair value of the reporting unit is greater than its carrying value, goodwill is not considered impaired. For reporting units where we perform the quantitative process, we are required to compare the fair value of each reporting unit, which we primarily determine using an income approach based on the present value of discounted cash flows and a market approach, to the respective carrying value, which includes goodwill. If the fair value of the reporting unit is less than its carrying value, an impairment charge is recognized for the amount by which the carrying value exceeds the reporting unit’s fair value determined based on a quantitative test, not to exceed the total amount of goodwill allocated to that reporting unit.

We review our operating segments in accordance with ASC 350 to determine reporting units within our operating segments based on the availability of discrete financial information that is regularly reviewed by segment management. As a result of our Lottery and Sports Betting businesses being reflected as discontinued operations (see Note 2), we reassessed our continuing operations reporting units and determined that we have six reporting units: SG Gaming, U.K. Gaming, Casino Management Systems, Table Products, SciPlay, and iGaming. For business segment information, see Note 3.

Our annual goodwill impairment tests as of October 1, 2021 indicated estimated fair values were in excess of their carrying values for each of our reporting units that have goodwill balances.

2020 U.K. Gaming Impairment Charge

A substantial portion of our U.K. Gaming reporting unit revenue comes from Ladbrokes Coral Group (acquired by Entain (formerly GVC Holdings PLC) in March 2018), which operates LBOs in the U.K. On April 1, 2019 the maximum stakes limit on fixed odds betting terminals was reduced from £100 to £2. As a result of this change, LBO operators began to rationalize their retail operations, which among other measures has included closure of certain LBO shops. Consequently, as of October 1, 2019, we concluded that an elevated risk of goodwill impairment existed for our U.K. Gaming reporting unit as adverse changes in projections for future operating results or other key assumptions, such as projected revenue, profit margin, capital expenditures or cash flows associated with investments included in that reporting unit could lead to future goodwill impairments.

During the first quarter of 2020, the COVID-19 disruptions resulted in the widespread closures of LBO shops across the U.K., which, along with global economic uncertainty, contributed to further deterioration in business conditions from our 2019 annual goodwill test date. This had an adverse effect on our U.K. Gaming reporting unit (part of our Gaming business segment), which necessitated performing a quantitative goodwill impairment test during the first quarter of 2020.

We performed this quantitative impairment test by comparing the fair value of our U.K. Gaming reporting unit to its carrying value, including goodwill. The fair value of our U.K. Gaming reporting unit was determined using a combination of both an income approach, based on the present value of discounted cash flows, and a market approach. Due to market volatility and limited market data points specific to the nature of our U.K. Gaming reporting unit operations, we placed greater weight on the income approach than on the market approach. As a result of this analysis, during the first quarter of 2020 we recognized a partial impairment charge totaling $54 million, which is the amount by which the carrying value exceeded the estimated fair value. This impairment charge resulted in no tax benefit.

We used projections of revenues, profit margin, operating costs, capital expenditures and cash flows that primarily considered general economic and market conditions and estimated future results including the estimated impact of the COVID-19 disruptions. We used a range of different scenarios and derived estimated fair value based on an equal weighting of these scenarios to reflect the economic uncertainty resulting from the COVID-19 disruptions and the timing and magnitude of the economic recovery following the COVID-19 disruptions coupled with the impact of the regulatory change. The following ranges of the key estimates and assumptions were used in the discounted cash flow analysis:

•Revenue growth for FY 2021 between negative 9% and negative 20%, an average revenue growth for FY 2022 to FY 2027 between positive 3% and positive 5%, and terminal revenue growth rate of positive 2.0%;

•An average profit margin ranging from 13% to 23%;

•Assumptions regarding future capital expenditures reflective of maintaining our current customer contracts; and

•An overall discount rate ranging from 8.5% to 10.0%.

In our market comparable analysis, we considered revenue and EBITDA multiples ranging from 2.1x to 2.7x and 5.7x to 7.5x, respectively, and ultimately selected multiples at the low end of the range.

Other long-lived assets and intangible assets with finite useful lives

Intangible assets with finite useful lives are amortized over two to fifteen years using the straight-line method, which materially approximates the pattern of the assets’ use. Factors considered when assigning useful lives include legal, regulatory and contractual provisions, product obsolescence, demand, competition and other economic factors.

We assess the recoverability of long-lived assets and intangible assets with finite useful lives whenever events arise or circumstances change that indicate the carrying value of an asset may not be recoverable. Recoverability of long-lived assets (or asset groups) to be held and used is measured by a comparison of the carrying value of the asset (or asset group) to the expected net future undiscounted cash flows to be generated by that asset (or asset group). The amount of impairment of other long-lived assets and intangible assets with finite lives is measured by the amount by which the carrying value of the asset exceeds the fair market value of the asset.

Software, net

12 Months Ended

Dec. 31, 2021

Research and Development [Abstract]

Software, net

We capitalize direct costs used in the development of internal-use software. Amounts capitalized are amortized over a period of two to ten years on a straight-line basis.

We purchase, license and incur costs to develop external use software to be used in the products we sell, lease or market to customers. Costs incurred in creating software are expensed when incurred as R&D until technological feasibility has been established, after which costs are capitalized up to the date the software is available for general release to customers. Generally, the software we develop reaches technological feasibility when a working model of the software is available. We capitalize the payments made for software that we purchase or license for use in our products that has previously met the technological feasibility criteria prior to our purchase or license. Amortization of capitalized software costs is recorded over the estimated economic life, which is typically eight to ten years.

For our game themes, we have determined that such products reach technological feasibility when internal testing is complete and the product is ready to be submitted to gaming regulators for approval. We incur and capitalize regulatory approval costs for our game themes after technological feasibility is achieved. Amortization of regulatory approval costs is recorded over the estimated economic life, which is typically two to four years.

Software, net consisted of the following:


	As of December 31,
	2021		2020
Software	$	996	$	992
Accumulated amortization	(879)		(849)
Software, net	$	117	$	143

In the years ended December 31, 2021 and 2020, we capitalized $58 million and $59 million, respectively, of development expenditures.

The following reflects amortization of software included within D&A:


	Year Ended December 31,
	2021		2020		2019
Amortization expense	$	81	$	97	$	107

Accrued Liabilities

12 Months Ended

Dec. 31, 2021

Accrued Liabilities, Current [Abstract]

Accrued Liabilities

Accrued liabilities consisted of the following:


	As of December 31,
	2021		2020
Compensation and benefits	$	122	$	70
Accrued interest	84		86
Accrued licenses	29		28
Legal matters reserve	27		3
Contract liability	18		19
Taxes, other than income	17		20
Operating lease liabilities	16		16
Customer advances, deposits and funds held on behalf of customers	13		9
Contingent acquisition consideration liabilities	3		1
Other	115		91
Total	$	444	$	343

Leases

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Leases

Our operating leases primarily consist of real estate leases such as offices, warehouses, and research and development facilities. Our leases have remaining lease terms ranging from one year to ten years, some of which include options to extend the leases for up to five years or to terminate the leases within one year. Our finance leases are immaterial.

Supplemental balance sheet and cash flow information related to operating leases is as follows:


	As of
	December 31, 2021			December 31, 2020
Operating lease right-of-use assets(1)	$	51		$	52
Accrued liabilities	16			16
Operating lease liabilities	40			43
Total operating lease liabilities	$	56		$	59
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases for the year ended December 31, 2021 and 2020, respectively	$	19		$	19
Weighted average remaining lease term, years	4			5
Weighted average discount rate	5		%	5		%
(1) Operating lease right-of-use assets obtained in exchange for lease obligations were immaterial.

Lease liability maturities:


	2022		2023		2024		2025		2026		Thereafter		Less Imputed Interest		Total
Operating leases	$	19	$	15	$	12	$	9	$	5	$	1	$	(5)	$	56

Our total operating lease expenses were $21 million, $23 million and $29 million for the years ended December 31, 2021, 2020 and 2019, respectively. The total amount of variable and short-term lease payments was immaterial for all periods presented.

As of December 31, 2021, we did not have material additional operating leases that have not yet commenced.

Long-Term and Other Debt

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Long-Term and Other Debt

Long-Term Debt

Outstanding Debt

The following table reflects our outstanding debt:


	As of December 31,
	2021								2020
	Final Maturity	Rate(s)	Face Value		Unamortized debt discount/premium and deferred financing costs, net		Book Value		Book Value
Senior Secured Credit Facilities:
SGI Revolver	2024	variable	$	—	$	—	$	—	$	535
SGI Term Loan B-5	2024	variable	4,018		(36)		3,982		4,012
SciPlay Revolver	2024	variable	—		—		—		—
SGI Senior Notes:
2025 Secured Notes(1)	2025	5.000%	1,250		(10)		1,240		1,237
2026 Secured Euro Notes(2)	2026	3.375%	367		(3)		364		395
2025 Unsecured Notes	2025	8.625%	550		(6)		544		542
2026 Unsecured Euro Notes(2)	2026	5.500%	283		(3)		280		303
2026 Unsecured Notes	2026	8.250%	1,100		(10)		1,090		1,088
2028 Unsecured Notes	2028	7.000%	700		(8)		692		691
2029 Unsecured Notes	2029	7.250%	500		(6)		494		493


Other(3)	2023	4.089%	4		—		4		7
Total long-term debt outstanding			$	8,772	$	(82)	$	8,690	$	9,303
Less: current portion of long-term debt							(44)		(44)
Long-term debt, excluding current portion							$	8,646	$	9,259
Fair value of debt(4)			$	9,009

(1) We entered into certain cross-currency interest rate swap agreements to achieve more attractive interest rates by effectively converting $460 million of the fixed-rate, U.S. Dollar-denominated 2025 Secured Notes, including the semi-annual interest payments through October 2023, to a fixed-rate Euro-denominated debt, with a fixed annual weighted average interest rate of approximately 2.946%. These cross-currency swaps have been designated as a hedge of our net investment in certain subsidiaries.
(2) We designated a portion of our 2026 Secured Euro Notes as a net investment non-derivative hedge of our investments in certain of our international subsidiaries that use the Euro as their functional currency in order to reduce the volatility in our operating results caused by the change in foreign currency exchange rates of the Euro relative to the U.S. Dollar (see Note 16 for additional information). The total change in the face value of the 2026 Secured Euro Notes and 2026 Unsecured Euro Notes due to changes in foreign currency exchange rates since the issuance was a reduction of $62 million, of which a gain of $41 million, a loss of $51 million and a gain of $9 million were recognized on remeasurement of debt in the Consolidated Statements of Operations for the years ended December 31, 2021, 2020, and 2019, respectively.
(3) Primarily comprised of certain revenue transactions presented as debt in accordance with ASC 470.
(4) Fair value of our fixed rate and variable interest rate debt is classified within Level 2 in the fair value hierarchy and has been calculated based on the quoted market prices of our securities.

The following reflects the principal amount of debt and finance lease payments due over the next five years and beyond as of December 31, 2021:


Due	Total Principal Due		Series of Debt/Finance lease	Principal Due per Series of Debt/Lease


2022	$	44	Term Loan B-5	$	42
			Other	2
2023	44		Term Loan B-5	42
			Other	2
2024	3,934		Term Loan B-5	3,934
			Drawn Revolving Credit Facility	—
2025	1,800		2025 Secured Notes	1,250
			2025 Unsecured Notes	550
2026	1,750		2026 Secured Euro Notes	367
			2026 Unsecured Euro Notes	283
			2026 Unsecured Notes	1,100
2027 and beyond	1,200		2028 Unsecured Notes	700
			2029 Unsecured Notes	500
Unamortized deferred financing costs and discount/premium	(82)
Total debt book value as of December 31, 2021	$	8,690

Description of Outstanding Debt

Credit agreement

SGC and certain of its subsidiaries are party to a credit agreement, dated as of October 18, 2013, by and among SGI, as the borrower, SGC, as a guarantor, Bank of America, N.A., as administrative agent, and the lenders and other agents party thereto (the “credit agreement”). As of December 31, 2021, the credit agreement included (a) a revolving credit facility of $650 million through November 20, 2024, with up to $350 million available for issuances of letters of credit and (b) a $4,018 million term B-5 loan facility that matures August 14, 2024.

The term B-5 loans amortize in equal quarterly installments in an amount equal to 1.00% per annum of the stated principal amount thereof, with the remaining balance due at final maturity. All of the debt incurred under the revolving credit facility is subject to accelerated maturity if loans under our term B-5 loan facility remain outstanding 91 days prior to their stated maturity date of August 14, 2024 and we do not have sufficient liquidity at that time. In this case, liquidity would be based on our unrestricted cash (excluding SciPlay cash) and availability under our revolving credit facility. SGI may voluntarily prepay all or any portion of outstanding amounts under the credit agreement at any time, without premium or penalty, subject to redeployment costs in the case of a prepayment of eurocurrency loans on a day that is not the last day of the relevant interest period.

The applicable margin for the term B-5 loans is 2.75% per annum for eurocurrency (LIBOR) loans and 1.75% per annum for base rate loans. The applicable margin for revolver borrowings is 3.00% per annum for eurocurrency (LIBOR) loans and 2.00% per annum for base rate loans. SGI is required to pay commitment fees to revolving lenders on the actual daily unused portion of the revolving commitments at a rate of 0.50% per annum through maturity, subject to a step-down to 0.375% based upon the achievement of certain net first lien leverage ratios.

In July 2021, we amended our Credit Agreement to provide for additional flexibility on executing the pending transactions, to include among other items: (a) extended the time period for conversion of securities into cash for purposes of satisfying the 75% minimum cash proceeds requirement from 180 to 365 days for proceeds received from the intended disposition of our Sports Betting business (“the Disposition Transaction”), (b) amend the basket for non-cash consideration received in connection with a permitted disposition, (c) permit any capital stock received as consideration in the Disposition Transactions and (d) require that at least 25% of the net cash proceeds received from the Disposition Transactions will be used to prepay outstanding term loans within ten business days of the Disposition Transactions.

On February 28, 2022, we amended our Credit Agreement to permit the Company to make restricted payments in an amount not to exceed $150 million to repurchase certain capital stock so long as it complies with certain minimum liquidity levels on a pro forma basis.

SciPlay Revolver

On May 27, 2021, SciPlay Holding, a subsidiary of SciPlay, entered into the SciPlay Revolver, a $150 million revolving credit agreement, dated as of May 7, 2019, that matures in May 2024, by and among SciPlay Holding, as the borrower, SciPlay Parent LLC, as a guarantor, the subsidiary guarantors party thereto (which are all domestic entities that comprise our SciPlay business segment), the lenders party thereto and Bank of America, N.A., as administrative agent and collateral agent.

The interest rate is either Adjusted LIBOR (as defined in the SciPlay Revolver) plus 2.250% (with one 0.250% leverage-based step-down to the margin and one 0.250% leverage-based step-up to the margin) or ABR (as defined in the SciPlay Revolver) plus 1.250% (with one 0.250% leverage-based step-down to the margin and one 0.250% leverage-based step-up to the margin) at the option of SciPlay Holding. SciPlay Holding is required to pay to the lenders a commitment fee of 0.500% per annum on the average daily unused portion of the revolving commitments through maturity, which fee varies based on the total net leverage ratio and is subject to a floor of 0.375%. The SciPlay Revolver provides for up to $15 million in letter of credit issuances.

On February 28, 2022, SciPlay entered into Amendment No. 2 to the SciPlay Revolver, that among other things, (i) amends certain interest rate provisions related to Sterling-denominated revolving loans, (ii) increases SciPlay’s capacity to acquire non-loan parties and (iii) allows for the acquisition of Alictus (see Note 10).

Notes

Issuance of 2025 Secured Notes, 2026 Secured Euro Notes and 2026 Unsecured Euro Notes

On February 14, 2018, SGI issued an additional $900 million aggregate principal amount of its 2025 Secured Notes, €325 million aggregate principal amount of its 2026 Secured Euro Notes and €250 million aggregate principal amount of its 2026 Unsecured Euro Notes, and entered into an amendment to our credit agreement to refinance our term loan B-4 facility and increase the term loans outstanding by $900 million under term loan B-5 facility.

Issuance of 2026 Unsecured Notes

On March 19, 2019, SGI issued $1,100 million in aggregate principal amount of its 2026 Unsecured Notes. We used the net proceeds of the 2026 Unsecured Notes offering to redeem $1,000 million of our outstanding 2022 Unsecured Notes and pay accrued and unpaid interest thereon plus related premiums, fees, and costs, which redemption was completed on April 4, 2019, and paid related fees and expenses of the 2026 Unsecured Notes offering.

Issuance of 2028 and 2029 Unsecured Notes

On November 26, 2019, SGI issued $700 million in aggregate principal amount of its 2028 Unsecured Notes and $500 million in aggregate principal amount of its 2029 Unsecured Notes. We used the net proceeds of the 2028 Unsecured Notes and the 2029 Unsecured Notes, together with cash on hand and borrowings under the revolving credit facility, to redeem the remaining $1,200 million of our outstanding 2022 Unsecured Notes and all $244 million of our outstanding 2020 Notes and pay accrued and unpaid interest thereon plus related premiums, fees, and costs, which redemption was completed on December 12, 2019, and paid related fees and expenses of the offering.

Issuance of 2025 Unsecured Notes

On July 1, 2020, we completed the issuance of $550 million in aggregate principal amount of 8.625% senior unsecured notes due 2025 in a private offering and received total net proceeds of $543 million. We used a portion of the net proceeds to redeem all $341 million of our outstanding 2021 Notes and paid accrued and unpaid interest thereon plus related premiums, fees and costs, which redemption was completed on July 17, 2020, and used the remaining net proceeds to fund working capital and general corporate purposes.

The following table sets forth the date of the indenture, redemption prices and dates and ranking, guarantees and collateral for each of our outstanding series of notes:

Series of Notes

Indenture Date

Redeemable at Make Whole Price Prior To(1)

Ranking, Guarantees and Collateral

2025 Secured Notes

October 17, 2017

October 15, 2020

Senior Secured

2026 Secured Euro Notes(2)

February 14, 2018

February 15, 2021

Senior Secured

2025 Unsecured Notes

July 1, 2020

July 1, 2022

Senior Unsecured

2026 Unsecured Euro Notes(2)

February 14, 2018

February 15, 2021

Senior Unsecured

2026 Unsecured Notes

March 19, 2019

March 15, 2022

Senior Unsecured

2028 Unsecured Notes

November 26, 2019

May 15, 2023

Senior Unsecured

2029 Unsecured Notes

November 26, 2019

November 15, 2024

Senior Unsecured

(1) Refers to the date prior to which such series of notes may be redeemed at a redemption price equal to 100% of the principal amount of such notes plus accrued and unpaid interest, if any, to the date of redemption plus a “make whole” premium. On or after such date, such notes may be redeemed at the prices specified in the indenture governing such notes.

(2) Effective April 30, 2018, the 2026 Secured Euro Notes and 2026 Unsecured Euro Notes were listed on the Official List of The International Stock Exchange.

Ranking, guarantees and collateral

Borrowings under the credit agreement and the Secured Notes are senior secured obligations of SGI, rank equally to all of SGI’s existing and future senior debt and rank senior to all of SGI’s existing and future senior subordinated debt, if any. The Unsecured Notes are senior unsecured obligations of SGI, rank equally to all of SGI’s existing and future senior debt and rank senior to all of SGI’s existing and future senior subordinated debt, if any.

Borrowings under the credit agreement and the Senior Notes are guaranteed by us and each of our current and future direct and indirect wholly owned domestic subsidiaries (other than SGI, the unrestricted business entities comprising our SciPlay business segment and certain immaterial subsidiaries), subject to certain customary exceptions as set forth in the credit agreement and the indentures governing such notes. Borrowings under the credit agreement and the Senior Notes are structurally subordinated to all of the liabilities of our Non-Guarantor Subsidiaries.

The obligations under the credit agreement and the Secured Notes are secured by a first priority lien on (1) substantially all the property and assets (real and personal, tangible and intangible) of SGI and the other guarantors, and (2) 100% of the capital stock (or other equity interests) of the direct domestic subsidiaries of SGC, SGI and the guarantors and 65% of the capital stock (or other equity interests) of the direct foreign subsidiaries of SGC, SGI and the guarantors, in each case, subject to certain customary exceptions.

The SciPlay Revolver is secured by a (i) first priority pledge of the equity securities of SciPlay Holding, SciPlay Parent LLC’s restricted subsidiaries and each subsidiary guarantor party thereto and (ii) first priority security interests in, and mortgages on, substantially all tangible and intangible personal property and material fee-owned real property of SciPlay Parent LLC, SciPlay Holding and each subsidiary guarantor party thereto, in each case, subject to customary exceptions.

Restrictive covenants

Our only financial maintenance covenant (excluding SciPlay’s Revolver) is contained in SGI’s credit agreement. Failure to comply with any of the covenants in these agreements could result in a default under these agreements and under other agreements containing cross-default provisions. Such a default would permit lenders to accelerate the maturity of the debt under these agreements and other agreements containing cross-default provisions and, in the case of the credit agreement and the indentures governing the Secured Notes, to foreclose upon any collateral securing such debt.

We amended the consolidated net first lien leverage ratio covenant in the credit agreement with the requisite lenders under SGI’s revolving credit facility on May 8, 2020 (the “Credit Agreement Amendment”) and subsequently extended the Credit Agreement Amendment on October 8, 2020 (the “Credit Agreement Extension Amendment”) to implement a financial covenant relief period, which extends the relief period through the first quarter of 2022 (“Covenant Relief Period”). As a result, (a) SGI is not required to maintain compliance with the consolidated net first lien leverage ratio covenant during the Covenant Relief Period, (b) the step down of the consolidated net first lien leverage ratio covenant following the Covenant Relief Period was revised, (c) SGI must maintain liquidity (excluding SciPlay) of at least $275 million during the Covenant Relief Period, (d) SGI is restricted in its ability to further incur indebtedness and liens, make restricted payments and investments and prepay junior indebtedness during the Covenant Relief Period, subject to certain exceptions and further subject, in some instances, to maintaining minimum liquidity (excluding SciPlay) of at least $400 million and (e) a LIBOR floor of 0.500% was established on borrowings under the revolving credit facility during the Covenant Relief Period.

The following table summarizes the revised consolidated net first lien leverage ratio and Consolidated EBITDA:

Revised Consolidated Net First Lien Leverage Ratio Covenant Calculation

Period ending

Revised Consolidated Net First Lien Leverage Ratio Covenant

Consolidated EBITDA multiplier(1)

3/31/2022

6.00x

4x Q1-2022

6/30/2022

6.00x

2x YTD Q2-2022

9/30/2022

5.75x

1.33x YTD Q3-2022

12/31/2022

5.75x

N/A - Calculated based on the previous 12 month period including the quarter being tested

3/31/2023

5.25x

6/30/2023

5.25x

9/30/2023

4.75x

12/31/2023

4.75x

3/31/2024 and thereafter

4.50x

(1) Consolidated EBITDA is defined in the Credit Agreement Extension Amendment and is calculated as testing year-to-date period-end consolidated EBITDA times multiplier.

Additionally, the SciPlay Revolver requires that SciPlay maintain a maximum total net leverage ratio not to exceed 2.50x and maintain a minimum fixed charge coverage ratio of no less than 4.00x.

Our only financial maintenance covenant (excluding SciPlay’s Revolver) is contained in SGI’s credit agreement. Prior to the Credit Agreement Amendment dated May 8, 2020, this covenant was tested at the end of each fiscal quarter and required us to not exceed a maximum consolidated net first lien leverage ratio of 5.00x Consolidated EBITDA (as defined in the credit agreement). Prior to the Credit Agreement Amendment and Credit Agreement Extension Amendment, this ratio stepped down to 4.75x beginning with the fiscal quarter ended December 31, 2020 and to 4.50x beginning with the fiscal quarter ending December 31, 2021. Additionally, the SciPlay Revolver requires that SciPlay maintain a maximum total net leverage ratio not to exceed 2.50x and maintain a minimum fixed charge coverage ratio of no less than 4.00x. We had no amounts drawn on our SciPlay Revolver as of December 31, 2021.

We were in compliance with the financial covenants under our debt agreements as of December 31, 2021.

Debt issuance costs and Loss on Debt Financing Transactions

We capitalize debt issuance costs associated with long-term financing arrangements and amortize the deferred debt issuance costs over the term of the arrangement using the effective interest method. The capitalized debt issuance costs associated with long-term debt financing, other than line-of-credit arrangements, are presented as a direct reduction from the carrying value of long-term debt, consistent with the treatment of unamortized debt discount. In connection with the issuance of the 2026 Unsecured Notes, 2028 Unsecured Notes and 2029 Unsecured Notes, we reflected $26 million, $16 million and $17 million, respectively, in financing costs presented primarily as a reduction to long-term debt. In connection with the July 2020 issuance of the 2025 Unsecured Notes, we reflected $8 million in financing costs presented primarily as a reduction to long-term debt.

The following are components of the loss on debt financing transactions resulting from debt extinguishment and modification accounting:


	Years Ended December 31,
	2021		2020		2019
Repurchase and cancellation of principal balance at premium	$	—	$	—	$	80
Unamortized debt (premium) discount and deferred financing costs, net	—		—		20
Third party debt issuance fees	—		1		—
Total loss on debt financing transactions	$	—	$	1	$	100

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1E
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

+ Details

Fair Value of Measurements

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Fair Value Measurements

Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset and liability in an orderly transaction between market participants at the measurement date. We estimate the fair value of our assets and liabilities when required using an established three-level hierarchy in accordance with ASC 820.

The fair value of our financial assets and liabilities is determined by reference to market data and other valuation techniques as appropriate. We believe the fair value of our financial instruments, which are principally cash and cash equivalents, restricted cash, receivables, other current assets, accounts payable and accrued liabilities, approximates their recorded values. Our assets and liabilities measured at fair value on a recurring basis are described below.

Derivative Financial Instruments

As of December 31, 2021, we held the following derivative instruments that were accounted for pursuant to ASC 815:

Interest Rate Swap Contracts

We currently use interest rate swap contracts as described below to manage exposure to interest rate fluctuations by reducing the uncertainty of future cash flows on our variable rate debt.

In February 2018, we entered into interest rate swap contracts to hedge a portion of our interest expense associated with our variable rate debt to effectively fix the interest rate that we pay. These interest rate swap contracts are designated as cash flow hedges under ASC 815. We pay interest at a weighted-average fixed rate of 2.4418% and receive interest at a variable rate equal to one-month LIBOR. The total notional amount of interest rate swaps outstanding was $800 million as of December 31, 2021. These hedges mature in February 2022.

These hedges are highly effective in offsetting changes in our future expected cash flows due to the fluctuation in the one-month LIBOR rate associated with our variable rate debt. We qualitatively monitor the effectiveness of these hedges on a quarterly basis. As a result of the effective matching of the critical terms on our variable rate interest expense being hedged to the hedging instruments being used, we expect these hedges to remain highly effective.

All gains and losses from these hedges are recorded in Other comprehensive income (loss) until the future underlying payment transactions occur. Any realized gains or losses resulting from the hedges are recognized (together with the hedged transaction) as interest expense. We estimate the fair value of our interest rate swap contracts by discounting the future cash flows of both the fixed rate and variable rate interest payments based on market yield curves. The inputs used to measure the fair value of our interest rate swap contracts are categorized as Level 2 in the fair value hierarchy as established by ASC 820.

The following table shows the gains (losses) and interest expense on our interest rate swap contracts:


	Year Ended December 31,
	2021		2020		2019
Gains (losses) recorded in accumulated other comprehensive income (loss), net of tax	$	14	$	(6)	$	(11)
Interest expense recorded related to interest rate swap contracts	19		15		1

We do not expect to reclassify material amounts from Accumulated other comprehensive loss to interest expense in the next twelve months.

The following table shows the effect of interest rate swap contracts designated as cash flow hedges on the consolidated statements of operations:


	Year Ended December 31, 2021		Year Ended December 31, 2020
	Interest expense		Interest expense
Total interest expense which reflects the effects of cash flow hedges	$	(478)	$	(503)
Hedged item	(20)		(20)
Derivative designated as hedging instrument	1		5

Cross-Currency Interest Rate Swaps

We entered into certain cross-currency interest rate swap agreements to achieve more beneficial interest rates by effectively converting $460 million of our fixed-rate U.S. Dollar-denominated 2025 Secured Notes, including the semi-annual interest payments through October 2023, to fixed-rate Euro-denominated debt, with a fixed annual weighted average interest rate of approximately 2.946%. We have designated these cross-currency interest rate swap agreements as a net investment hedge of our investments in certain of our international subsidiaries that use the Euro as their functional currency in order to reduce the volatility in our operating results caused by the changes in foreign currency exchange rates of the Euro relative to the U.S. Dollar.

We use the spot method to measure the effectiveness of our net investment hedge. Under this method, for each reporting period, the change in the fair value of the $460 million cross-currency interest rate swaps is reported in foreign currency translation gain (loss) in Accumulated other comprehensive loss. The cross-currency basis spread (along with other components of the cross-currency swaps’ fair value excluded from the spot method effectiveness assessment) are amortized and recorded to Interest expense. We evaluate the effectiveness of our net investment hedge at the beginning of each quarter.

The following table shows the fair value of our hedges:

As of

Balance Sheet Line Item

December 31, 2021

December 31, 2020

Interest rate swaps(1)(3)

Other liabilities

Cross-currency interest rate swaps(2)(3)

Other assets

(1) The gain of $19 million, losses of $6 million and $16 million for the years ended December 31, 2021, 2020 and 2019, respectively, are reflected in Derivative financial instrument unrealized (loss) gain in Other comprehensive income (loss).

(2) The gain of $28 million, loss of $27 million and gain of $23 million for the years ended December 31, 2021, 2020 and 2019, respectively, is reflected in Foreign currency translation gain (loss) in Other comprehensive income (loss).

(3) The inputs used to measure the fair value of our interest rate swap contracts are categorized as Level 2 in the fair value hierarchy.

Net Investment Non-derivative Hedge - 2026 Secured Euro Notes

For the fourth quarter of 2021, we designated $204 million of our 2026 Secured Euro Notes as a net investment non-derivative hedge of our investments in certain of our international subsidiaries that use the Euro as their functional currency in order to reduce the volatility in our results caused by the changes in foreign currency exchange rates of the Euro relative to the U.S. Dollar.

We use the spot method to measure the effectiveness of our net investment non-derivative hedge. Under this method, for each reporting period, the change in the hedged portion of the carrying value of the 2026 Secured Euro Notes due to remeasurement is reported in Foreign currency translation gain (loss) in Other comprehensive income (loss), and the remaining remeasurement change is recognized in (Gain) loss on remeasurement of debt in our consolidated statements of operations. We evaluate the effectiveness of our net investment non-derivative hedge at the beginning of each quarter and the inputs used to measure the fair value of this non-derivative hedge are categorized as Level 2 in the fair value hierarchy.

Contingent Acquisition Consideration Liabilities

In connection with our acquisitions, we have recorded certain contingent consideration liabilities, of which the values are primarily based on reaching certain earnings-based metrics. The related liabilities were recorded at fair value on the acquisition date as part of the consideration transferred and are remeasured each reporting period. The inputs used to measure the fair value of our liabilities are categorized as Level 3 in the fair value hierarchy.

We remeasured contingent acquisition consideration at each reporting period. These remeasurements included increases to the projected earnings-based measures and also the probability of achievement (categorized as Level 3 in the fair value hierarchy as established by ASC 820), which resulted in increases (decreases) to the calculated fair value of contingent acquisition consideration by $(1) million, $— million and $1 million for the years ended December 31, 2021, 2020 and 2019, respectively. These changes were recorded in Restructuring and other. Contingent acquisition consideration liabilities (including deferred purchase price) as of December 31, 2021 are $51 million of which $3 million is included in Accrued liabilities with the remainder included in Other long-term liabilities. Contingent acquisition consideration liabilities (including deferred purchase price) as of December 31, 2020 were $3 million of which $1 million was included in Accrued liabilities with the remainder included in Other long-term liabilities.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Stockholders' Deficit

12 Months Ended

Dec. 31, 2019

Stockholders' Equity Note [Abstract]

Stockholders' Deficit

The following reflects total stock-based compensation expense recognized under all programs:


	Year Ended December 31,
		2021		2020		2019
Related to SGC stock options		$	31	$	8	$	4
Related to SGC RSUs		75		26		19
Related to SciPlay RSUs		7		22		9
Total(1)(2)		$	113	$	56	$	32

(1) The increase in SGC stock-based compensation expense for the year ended December 31, 2021 is related to the acceleration of the expense as a result of attainment of certain targets for grants to consultants who are also on our board coupled with the new equity awards issued at a higher fair value given the increase in our stock price compared to the prior period.
(2) The year ended December 31, 2021 includes $34 million classified as liability awards.

The following table sets forth the change in the number of shares of common stock outstanding during the fiscal years ended December 31, 2021 and 2020:


	December 31,
	2021	2020
Shares outstanding as of beginning of period	95	94
Shares issued as part of equity-based compensation plans and the ESPP, net of shares surrendered	2	1

Shares outstanding as of end of period	97	95

Series A Junior Participating Preferred Stock and Rights Agreement

Under our 2018 Amended and Restated Rights Agreement (which amended the rights agreement between SGC and American Stock Transfer & Trust Company, LLC (the “Rights Agreement”), we reserved for issuance of 20,000 shares of Series A Junior Participating Preferred Stock, par value $.001 per share, upon the exercise of rights under our Amended and Restated Rights Agreement. The Amended and Restated Rights Agreement provides for a dividend of one preferred share purchase right (“Right”) for each share of common stock of SGC. Each Right entitles the holder to purchase one ten-thousandth of a share of Series A Junior Preferred Stock for a purchase price of $109.00, subject to adjustment as provided in the Amended and Restated Rights Agreement.

The Amended and Restated Rights Agreement was extended to expire on June 19, 2023 (subject to earlier expiration as described in the Rights Agreement). The Board submitted such amendment extending the Rights Agreement to a vote by the Company’s stockholders at the Company’s 2021 annual stockholders’ meeting and it was approved by the affirmative vote of holders of a majority of outstanding shares of Class A common stock of SGC entitled to vote thereon. As of December 31, 2021, none of these shares were outstanding and no Rights were exercised.

Scientific Games Stock-Based and Other Incentive Compensation

Pursuant to our incentive stock plans we offer stock-based compensation in the form of stock options and RSUs to employees and our non-employee directors. The terms of such stock option and RSU awards, including the vesting schedule of such awards, are determined at our discretion subject to the terms of the applicable equity-based compensation plan. We also offer an ESPP, which allows for a total of up to 2 million shares of common stock to be purchased by eligible employees under offerings made each January 1 and July 1. Employees participate through payroll deductions up to a maximum of 15% of eligible compensation. The term of each offering period is six months and shares are purchased on the last day of the offering period at a 15% discount to the stock’s market value. For offering periods in 2021, 2020 and 2019 we issued approximately 40 thousand, 80 thousand and 100 thousand shares of common stock at an average price of $60.09 per share, $19.55 per share and $19.32 per share, respectively.

Options granted over the last several years have generally become exercisable in four equal installments beginning on the first anniversary of the date of grant or when certain performance targets are determined to have been met, in all cases, with a maximum term of ten years. RSUs typically vest in three or four equal installments beginning on the first anniversary of the date of grant or when certain performance targets are determined to have been met.

We recognize expense for stock-based compensation plans based on the estimated fair value of the related awards in accordance with ASC 718. Stock options are granted with exercise prices that are not less than the fair market value of our common stock on the date of grant. We periodically grant certain stock-based awards that are contingent upon SGC or certain of our subsidiaries achieving certain pre-determined financial performance targets. Upon determining that the performance target is probable, the fair value of the award is recognized over the service period. Determining the probability of achieving a performance target requires estimates and judgment.

As of December 31, 2021, we had approximately 27 million shares of common stock authorized for awards under the 2003 Incentive Compensation Plan, as amended and restated (the “2003 Plan”) (plus available shares from a pre-existing equity-based compensation plan). As of December 31, 2021, we had approximately 5 million shares reserved under the 2003 Plan for future grants of equity awards and less than 0.1 million shares available under a pre-existing plan.

Stock Options

A summary of the changes in stock options outstanding under our equity-based compensation plans during 2021 is presented below:


	Number of Options	Weighted Average Remaining Contract Term (Years)	Weighted Average Exercise Price (per share)		Aggregate Intrinsic Value
Options outstanding as of December 31, 2020	2.2	6.2	$	32.89	$	20
Granted	—	—	$	74.16	$	—
Exercised	0.2	—	$	26.26	$	7
Cancelled	—	—	$	41.13	$	—
Options outstanding as of December 31, 2021	2.0	5.3	$	33.59	$	68
Options exercisable as of December 31, 2021	1.8	5.1	$	34.19	$	59
Options expected to vest as of December 31, 2021	0.2	7.3	$	28.96	$	8

The weighted-average grant date fair value of options granted during 2021, 2020 and 2019 was $74.16, $35.41 and $22.25, respectively. The aggregate intrinsic value of the options exercised during the years ended December 31, 2021, 2020 and 2019 was approximately $7 million, $6 million and $15 million respectively.

The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model. The weighted-average assumptions used in the model are outlined in the following table:


	2021		2020		2019
Assumptions:
Expected volatility	74	%	75	%	58	%
Risk-free interest rate	0.96	%	0.36	%	2.46	%
Dividend yield	—		—		—
Expected life (in years)	6		6		6

The computation of the expected volatility is based on historical daily stock prices over a period commensurate with the expected life of the option. Expected life is based on annual historical employee exercise behavior of option grants with similar vesting periods and option expiration dates. The risk-free interest rate is based on the yield of zero-coupon U.S. Treasury securities of comparable terms. We do not anticipate paying dividends in the foreseeable future.

At December 31, 2021, we had $2 million of unrecognized stock-based compensation expense relating to unvested stock options that will be amortized over a weighted-average period of approximately two years. During the year ended December 31, 2021, we received $4 million in cash from the exercise of stock options.

Restricted Stock Units

A summary of the changes in RSUs outstanding under our equity-based compensation plans during 2021 is presented below:


	Number of Restricted Stock Units	Weighted Average Grant Date Fair Value
Unvested RSUs as of December 31, 2020	3.3	$	19.07
Granted	1.2	$	55.64
Vested	(1.6)	$	24.70
Cancelled	(0.2)	$	27.96
Unvested RSUs as of December 31, 2021(1)	2.7	$	32.03

(1) 1 million unvested RSUs are related to discontinued operations for each of the years ended December 31, 2021 and 2020.

The weighted-average grant date fair value of RSUs granted during 2021 and 2020 was $55.64 and $13.75, respectively. The fair value of each RSU grant is based on the market value of our common stock at the time of grant. At December 31, 2021, we had $60 million of unrecognized stock-based compensation expense relating to unvested RSUs amortized over a weighted-average period of approximately two years, of which $12 million is related to employees of discontinued operations. The fair value at vesting date of RSUs vested during the years ended December 31, 2021, 2020 and 2019 was $87.5 million, $16.8 million and $22.0 million, respectively.

SciPlay Stock-Based Compensation

In 2019, SciPlay adopted the SciPlay Long-Term Incentive Plan (“SciPlay LTIP”). The SciPlay LTIP authorizes the issuance of up to 6.5 million shares of SciPlay’s Class A common stock to be granted in connection with awards of incentive and nonqualified stock options, restricted stock, RSUs, stock appreciation rights and performance-based awards. As of December 31, 2021, there were a total of 2.1 million time-based and performance-based SciPlay RSUs outstanding with an average grant price of $16.77 per share of SciPlay Class A common stock. As of December 31, 2021, SciPlay had $9 million in unrecognized stock-based compensation expense that is expected to be recognized over a weighted-average expected vesting period of one year.

Share Repurchase Program

On February 25, 2022, our Board of Directors approved a share repurchase program under which the Company is authorized to repurchase, from time to time through February 25, 2025, up to an aggregate amount of $750 million of our outstanding common stock over a three-year period. Repurchases may be made at the discretion of the Transaction Committee of the Board of Directors through one or more open market transactions, privately negotiated transactions, accelerated share repurchases, issuer tender offers or other derivative contracts or instruments, or a combination of the foregoing.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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+ Details

Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2021

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Accumulated Other Comprehensive Loss

The accumulated balances for each classification of other comprehensive (loss) income are presented below:


	Foreign Currency Items		Derivative Financial Instruments(1)		Unrecognized pension benefit costs, net of taxes(2)		Accumulated Other Comprehensive Loss
Balance at January 1, 2019	$	(282)	$	—	$	(18)	$	(300)
Change during period	26		(11)		(8)		7
Reclassified into operations	—		—		1		1
Balance at December 31, 2019	$	(256)	$	(11)	$	(25)	$	(292)
Change during period	85		(6)		(5)		74
Reclassified into operations	—		—		—		—
Balance at December 31, 2020	$	(171)	$	(17)	$	(30)	$	(218)
Change during period	(74)		14		17		(43)
Reclassified into operations	—		—		—		—
Balance at December 31, 2021	$	(245)	$	(3)	$	(13)	$	(261)

(1) The change during the period is net of income taxes of $15 million, $— million and $4 million in 2021, 2020 and 2019, respectively.
(2) The change during the period is net of income taxes of $5 million, $— million and $1 million in 2021, 2020 and 2019, respectively.

Income Taxes

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Income Taxes

Income taxes are determined using the liability method of accounting for income taxes, under which deferred tax assets (“DTAs”) and deferred tax liabilities (“DTLs”) are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax basis of assets and liabilities. If, based upon all available evidence, both positive and negative, it is more likely than not that such DTAs will not be realized, a valuation allowance is recorded.

As more fully described in Note 1, on September 27, 2021, we entered into a definitive agreement to sell our Sports Betting business to Endeavor in a taxable cash and stock transaction, expected to close in the second quarter of 2022, subject to applicable regulatory approvals and customary conditions. Although we remain in a three-year cumulative loss position in the U.S., the taxable gain to be recognized upon disposition of our Sports Betting business led us to conclude that a portion of our net U.S. federal and certain state DTAs are more likely than not to be realized. Accordingly, to the extent that we expect to realize deferred tax assets in relation to this divestiture, we recorded a $181 million income tax benefit and reversed a portion of our valuation allowances on our U.S. DTAs during the three months ended September 30, 2021.

On October 27, 2021, we entered into a definitive agreement to sell our Lottery business to Brookfield in a taxable cash transaction for total consideration of $6.05 billion (see Note 1 for additional details). As a result of the anticipated taxable gain on this transaction, which is now expected to close by the end of March 2022, subject to applicable regulatory approvals and customary conditions, we reversed an additional $71 million of valuation allowances on our U.S. federal and state DTAs. We continue to maintain other valuation allowances for certain U.S. and non-U.S. jurisdictions with cumulative losses.

Management assessed the available positive and negative evidence to estimate whether sufficient future taxable income will be generated to permit use of existing DTAs in each taxpaying jurisdiction. On the basis of this evaluation, as of December 31, 2021, a valuation allowance of $60 million has been recorded to recognize only the portion of the DTAs that are more likely than not to be realized; however, the amount of the DTAs considered realizable could be adjusted if estimates of future taxable income during the carry forward period change or if objective negative evidence in the form of cumulative losses is no longer present and additional weight is given to subjective evidence such as projections for future growth.

As discussed in Note 1, the COVID-19 disruptions significantly impacted certain segments of our business. We considered the COVID-19 disruptions in our ability to realize deferred tax assets in the future and determined that such conditions did not change our overall valuation allowance positions. Additionally, we continue to monitor and evaluate the tax implications resulting from any existing and forthcoming legislation passed in response to COVID-19 in the federal, state, and foreign jurisdictions where we have an income tax presence.

We apply a recognition threshold and measurement attribute related to uncertain tax positions taken or expected to be taken on our tax returns. We recognize a tax benefit for financial reporting of an uncertain income tax position when it has a greater than 50% likelihood of being sustained upon examination by the taxing authorities. We measure the tax benefit of an uncertain tax position based on the largest benefit that has a greater than 50% likelihood of being ultimately realized including evaluation of settlements.

The components of net loss from continuing operations before income taxes are as follows:


	Year Ended December 31,
	2021		2020		2019
United States	$	(309)	$	(631)	$	(361)
Foreign	15		(173)		(16)
Net loss from continuing operations before income tax expense	$	(294)	$	(804)	$	(377)

The components of income tax expense (benefit) are as follows:


	Year Ended December 31,
	2021		2020		2019
Current
U.S. Federal	$	(58)	$	6	$	(47)
U.S. State	1		(1)		(7)
Foreign	10		6		14
Total	(47)		11		(40)
Deferred
U.S. Federal	(222)		(4)		(3)
U.S. State	(46)		(4)		(2)
Foreign	(3)		(6)		(2)
Total	(271)		(14)		(7)
Total income tax benefit	$	(318)	$	(3)	$	(47)

The reconciliation of the U.S. federal statutory tax rate to the actual tax rate is as follows:


	Year Ended December 31,
	2021		2020		2019
Statutory U.S. federal income tax rate	21.0	%	21.0	%	21.0	%
Foreign earnings at rates different than U.S. federal rate	(2.9)	%	0.3	%	(0.6)	%
Valuation allowance adjustments	86.3	%	(17.1)	%	(8.7)	%

Permanent items	(0.5)	%	(1.9)	%	(3.0)	%
Change in UTBs	—	%	0.2	%	1.7	%
Goodwill impairments	—	%	(1.5)	%	—	%
Other	4.5	%	(0.5)	%	2.1	%
Effective income tax rate	108.4	%	0.5	%	12.5	%

Our 2021 and 2020 effective tax rates were impacted by changes in global valuation allowances totaling $(253) million and $138 million, respectively, against net DTAs in various jurisdictions. In 2020 we recorded a $54 million goodwill impairment for our U.K. Gaming reporting unit, which resulted in a (1.5)% decrease in our effective tax rate.

In 2019, we recorded an income tax benefit of $50 million in continuing operations as a result of the exception provision within ASC 740-20-45-7, which states that a company must consider all sources of income in determining the tax benefit resulting from a loss from continuing operations. This exception no longer applies as of January 1, 2020, as we early-adopted ASU 2019-12, which removes this exception.

Deferred income taxes reflect the net tax effects of temporary differences between the carrying values of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The deferred income tax balances are established using the enacted statutory tax rates and are adjusted for changes in such rates in the period of change.


	As of December 31,
	2021		2020
Deferred tax assets:

Reserves and other accrued expenses	$	99	$	84



Net operating loss carry forwards	352		436
Tax credit carry forwards	48		42
Interest limitation carry forwards	66		20
Differences in financial reporting and tax basis for:

Other	70		51
Less: Valuation allowance	(60)		(298)
Realizable deferred tax assets	575		335

Deferred tax liabilities:


Differences in financial reporting and tax basis for:
Identifiable intangible assets	(190)		(217)
Property and equipment	(47)		(49)
Other	(24)		(9)
Total deferred tax liabilities	(261)		(275)
Net deferred tax asset on balance sheet	$	314	$	60

At December 31, 2021, we had the following NOL, interest limitation, R&D credit, and state tax credit carry forwards:


	December 31, 2021
	Federal		State		Foreign
NOL carry forwards	$	1,240	$	1,335	$	110
Interest limitation carry forwards	240		269		—
R&D and state credit carry forwards	49		1		—

The federal, state and foreign NOL carry forwards can be carried forward for periods that vary from three years to indefinitely. R&D tax credit carry forwards will expire through 2041, and state tax credits expire through 2025. The interest limitation carry forwards can be carried forward indefinitely in all jurisdictions in which we have them available.

Certain of our U.S. federal, state, and foreign tax attributes may be subject to annual limitations under Internal Revenue Code Section 382 (“Section 382”) (or comparable provisions of state or foreign law) in the event that certain changes in ownership were to occur. Tax attributes that exceed the Section 382 limitation in any year continue to be allowed as carry forwards until they expire and can be used to offset taxable income for years within the carryover period subject to the limitation in each year. Given the Company’s significant U.S. tax attributes, we continuously monitor potential ownership changes under Section 382. In the fourth quarter of 2020, we experienced a change in control event, triggering the application of Section 382. We do not currently expect any resulting Section 382 limitations to have a significant impact on the use of our tax attributes.

At December 31, 2021 and 2020, we had the following valuation allowances:


	December 31,
	2021		2020
Federal	$	15	$	223
State	22		53

Foreign	23		22

Undistributed earnings of subsidiaries are accounted for as a temporary difference, except that DTLs are not recorded for undistributed earnings of foreign subsidiaries that are deemed to be indefinitely reinvested in foreign jurisdictions. The Tax Act required the Company to compute a tax on previously undistributed earnings and profits of its foreign subsidiaries upon transition from a worldwide tax system to a territorial tax system during the year ended December 31, 2017. The repatriation of

such amounts in the future should generally be exempt from income taxes in the U.S. (as a result of the Tax Act) and in those jurisdictions that have a similar territorial system of taxation. Substantially all of our current year foreign cash flows are not intended to be indefinitely reinvested offshore, and therefore the tax effects of repatriation (including applicable withholding taxes) of such cash flows are provided for in our financial reporting.

Unrecognized Tax Benefits

The total amount of unrecognized tax benefits (“UTBs”) as of December 31, 2021 was $29 million. Of this amount, $29 million, if recognized, would be included in our Consolidated Statements of Operations and have an impact on our effective tax rate. We do not expect any material changes in unrecognized tax benefits before December 31, 2022.

We recognize interest and penalties for unrecognized tax benefits in income tax expense. The amounts recognized for interest and penalties during the years ended December 31, 2021, 2020 and 2019 were not material.

We file income tax returns in the U.S. Federal jurisdiction and various state and foreign jurisdictions. We are generally not subject to examination for periods prior to December 31, 2017; however as we utilize our net operating losses, prior periods can be subject to examination. There are no ongoing material U.S. federal, state, local or non-U.S. examinations by tax authorities.

The Company had the following activity for unrecognized tax benefits:


	Year Ended December 31,
	2021		2020		2019
Balance at beginning of period	$	30	$	28	$	34
Tax positions related to current year additions	—		1		1
Additions for tax positions of prior years	—		2		—
Tax positions related to prior years reductions	(1)		—		—
Reductions due to lapse of statute of limitations on tax positions	—		(1)		(7)

Balance at end of period	$	29	$	30	$	28

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 17
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI http://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Litigation	12 Months Ended
Litigation	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Litigation	We are involved in various legal proceedings, including those discussed below. We record an accrual for legal contingencies when it is both probable that a liability has been incurred and the amount or range of the loss can be reasonably estimated (although, as discussed below, there may be an exposure to loss in excess of the accrued liability). We evaluate our accruals for legal contingencies at least quarterly and, as appropriate, establish new accruals or adjust existing accruals to reflect (1) the facts and circumstances known to us at the time, including information regarding negotiations, settlements, rulings and other relevant events and developments, (2) the advice and analyses of counsel and (3) the assumptions and judgment of management. Legal costs associated with our legal proceedings are expensed as incurred. We had accrued liabilities of $27 million and $3 million for all of our legal matters that were contingencies as of December 31, 2021 and 2020, respectively. Substantially all of our legal contingencies are subject to significant uncertainties and, therefore, determining the likelihood of a loss and/or the measurement of any loss involves a series of complex judgments about future events. Consequently, the ultimate outcomes of our legal contingencies could result in losses in excess of amounts we have accrued. We may be unable to estimate a range of possible losses for some matters pending against us or our subsidiaries, even when the amount of damages claimed against us or our subsidiaries is stated because, among other things: (1) the claimed amount may be exaggerated or unsupported; (2) the claim may be based on a novel legal theory or involve a large number of parties; (3) there may be uncertainty as to the likelihood of a class being certified or the ultimate size of the class; (4) there may be uncertainty as to the outcome of pending appeals or motions; (5) the matter may not have progressed sufficiently through discovery or there may be significant factual or legal issues to be resolved or developed; and/or (6) there may be uncertainty as to the enforceability of legal judgments and outcomes in certain jurisdictions. Other matters have progressed sufficiently that we are able to estimate a range of possible loss. For those legal contingencies disclosed below, and those related to the previously disclosed settlement agreement entered into in February 2015 with SNAI S.p.a. (“SNAI”), as to which a loss is reasonably possible, whether in excess of a related accrued liability or where there is no accrued liability, and for which we are able to estimate a range of possible loss, the current estimated range is up to approximately $14 million in excess of the accrued liabilities (if any) related to those legal contingencies. This aggregate range represents management’s estimate of additional possible loss in excess of the accrued liabilities (if any) with respect to these matters based on currently available information, including any damages claimed by the plaintiffs, and is subject to significant judgment and a variety of assumptions and inherent uncertainties. For example, at the time of making an estimate, management may have only preliminary, incomplete, or inaccurate information about the facts underlying a claim; its assumptions about the future rulings of the court or other tribunal on significant issues, or the behavior and incentives of adverse parties, regulators, indemnitors or co‑defendants, may prove to be wrong; and the outcomes it is attempting to predict are often not amenable to the use of statistical or other quantitative analytical tools. In addition, from time to time an outcome may occur that management had not accounted for in its estimate because it had considered that outcome to be remote. Furthermore, as noted above, the aggregate range does not include any matters for which we are not able to estimate a range of possible loss. Accordingly, the estimated aggregate range of possible loss does not represent our maximum loss exposure. Any such losses could have a material adverse impact on our results of operations, cash flows or financial condition. The legal proceedings underlying the estimated range will change from time to time, and actual results may vary significantly from the current estimate. Colombia litigation Our subsidiary, SGI, owned a minority interest in Wintech de Colombia S.A., or Wintech (now liquidated), which formerly operated the Colombian national lottery under a contract with Empresa Colombiana de Recursos para la Salud, S.A. (together with its successors, “Ecosalud”), an agency of the Colombian government. The contract provided for a penalty against Wintech, SGI and the other shareholders of Wintech of up to $5.0 million if certain levels of lottery sales were not achieved. In addition, SGI delivered to Ecosalud a $4.0 million surety bond as a further guarantee of performance under the contract. Wintech started the instant lottery in Colombia but, due to difficulties beyond its control, including, among other factors, social and political unrest in Colombia, frequently interrupted telephone service and power outages, and competition from another lottery being operated in a province of Colombia that we believe was in violation of Wintech’s exclusive license from Ecosalud, the projected sales level was not met for the year ended June 30, 1993. In 1993, Ecosalud issued a resolution declaring that the contract was in default. In 1994, Ecosalud issued a liquidation resolution asserting claims for compensation and damages against Wintech, SGI and other shareholders of Wintech for, among other things, realization of the full amount of the penalty, plus interest, and the amount of the bond. SGI filed separate actions opposing each resolution with the Tribunal Contencioso of Cundinamarca in Colombia (the “Tribunal”), which upheld both resolutions. SGI appealed each decision to the Council of State. In May 2012, the Council of State upheld the contract default resolution, which decision was notified to us in August 2012. In October 2013, the Council of State upheld the liquidation resolution, which decision was notified to us in December 2013. In July 1996, Ecosalud filed a lawsuit against SGI in the U.S. District Court for the Northern District of Georgia asserting many of the same claims asserted in the Colombia proceedings, including breach of contract, and seeking damages. In March 1997, the District Court dismissed Ecosalud’s claims. Ecosalud appealed the decision to the U.S. Court of Appeals for the Eleventh Circuit. The Court of Appeals affirmed the District Court’s decision in 1998. In June 1999, Ecosalud filed a collection proceeding against SGI to enforce the liquidation resolution and recover the claimed damages. In May 2013, the Tribunal denied SGI’s merit defenses to the collection proceeding and issued an order of payment of approximately 90 billion Colombian pesos, or approximately $30.2 million, plus default interest (potentially accrued since 1994 at a 12% statutory interest rate). SGI filed an appeal to the Council of State, and on December 10, 2020, the Council of State issued a ruling affirming the Tribunal’s decision. On December 16, 2020, SGI filed a motion for clarification of the Council of State’s ruling, which was denied on April 15, 2021. On April 22, 2021, SGI filed a motion for reconsideration relating to that decision, and that motion is pending. SGI believes it has various defenses, including on the merits, against Ecosalud’s claims. Although we believe these claims will not result in a material adverse effect on our consolidated results of operations, cash flows or financial position, it is not feasible to predict the final outcome, and we cannot assure that these claims will not ultimately be resolved adversely to us or result in material liability. SNAI litigation On April 16, 2012, certain VLTs operated by SNAI in Italy and supplied by Barcrest Group Limited (“Barcrest”) erroneously printed what appeared to be winning jackpot and other tickets with a face amount in excess of €400.0 million. SNAI has stated, and system data confirms, that no jackpots were actually won on that day. The terminals were deactivated by the Italian regulatory authority. Following the incident, we understand that the Italian regulatory authority revoked the certification of the version of the gaming system that Barcrest provided to SNAI and fined SNAI €1.5 million, but determined to not revoke SNAI’s concession to operate VLTs in Italy. In October 2012, SNAI filed a lawsuit in the Court of First Instance of Rome in Italy against Barcrest and The Global Draw Limited (“Global Draw”), our subsidiary which acquired Barcrest from IGT‑UK Group Limited, a subsidiary of IGT, claiming liability arising out of the April 2012 incident and asserting claims based on theories of breach of contract and tort. The lawsuit sought to terminate SNAI’s agreement with Barcrest and damages arising from the deactivation of the terminals, including among other things, lost profits, expenses and costs, potential awards to players who have sought to enforce what appeared to be winning jackpot and other tickets, compensation for lost profits sought by managers of the gaming locations where SNAI VLTs supplied by Barcrest were installed, damages to commercial reputation and any future damages arising from SNAI’s potential loss of its concession or inability to obtain a new concession. In February 2015, we entered into a settlement agreement with SNAI that provides, among other things, for us to make a €25.0 million upfront payment to SNAI, which payment was made in February 2015, and to indemnify SNAI against certain potential future losses. In connection with the settlement, the parties’ pending claims in the Court of First Instance of Rome were dismissed on February 19, 2015. To date, we have paid €9.4 million to SNAI pursuant to our indemnification obligations. Washington State Matter On April 17, 2018, a plaintiff, Sheryl Fife, filed a putative class action complaint, Fife v. Scientific Games Corporation, against SGC in the United States District Court for the Western District of Washington. The plaintiff seeks to represent a putative class of all persons in the State of Washington who purchased and allegedly lost virtual coins playing SGC’s online social casino games, including but not limited to Jackpot Party® Casino and Gold Fish® Casino. The complaint asserts claims for alleged violations of Washington’s Recovery of Money Lost at Gambling Act, Washington’s consumer protection statute, and for unjust enrichment, and seeks unspecified money damages (including treble damages as appropriate), the award of reasonable attorneys’ fees and costs, pre- and post-judgment interest, and injunctive and/or declaratory relief. On July 2, 2018, SGC filed a motion to dismiss the plaintiff’s complaint with prejudice, which the trial court denied on December 18, 2018. SGC filed its answer to the putative class action complaint on January 18, 2019. On August 24, 2020, the trial court granted plaintiff’s motion for leave to amend her complaint and to substitute a new plaintiff, Donna Reed, for the initial plaintiff, and re-captioned the matter Reed v. Scientific Games Corporation. On August 25, 2020, the plaintiff filed a first amended complaint against SGC, asserting the same claims, and seeking the same relief, as the complaint filed by Sheryl Fife. On September 8, 2020, SGC filed a motion to compel arbitration of plaintiff’s claims and to dismiss the action, or, in the alternative, to transfer the action to the United States District Court for the District of Nevada. On June 17, 2021, the district court denied that motion, and on June 23, 2021, SGC filed a notice of appeal from the district court’s denial of that motion, and also filed a motion to stay all district court proceedings, pending the appeals court’s ruling on the Company’s arbitration appeal. On November 23, 2021, we entered into an agreement in principle to settle the lawsuit for the amount of $24.5 million. On December 3, 2021, the district court granted a joint motion to stay appellate proceedings until final approval by the district court of the parties’ settlement. On January 18, 2022, the parties executed a settlement agreement, and plaintiff filed an unopposed motion for preliminary approval of the parties’ proposed settlement agreement. On January 19, 2022, the district court granted preliminary approval to the parties’ proposed settlement, and a hearing for final approval of the settlement is scheduled for August 12, 2022. Although the case was brought against Scientific Games, pursuant to the Intercompany Services Agreement, we expect SciPlay to cover or contribute to the settlement amount due to the matter arising as a result of our business. TCS John Huxley Matter On March 15, 2019, TCS John Huxley America, Inc., TCS John Huxley Europe Ltd., TCS John Huxley Asia Ltd., and Taiwan Fulgent Enterprise Co., Ltd. brought a civil action in the United States District Court for the Northern District of Illinois against SGC, Bally Technologies, Inc. and SG Gaming. In the complaint, the plaintiffs assert federal antitrust claims arising from the defendants’ procurement of particular U.S. and South African patents. The plaintiffs allege that the defendants used those patents to create an allegedly illegal monopoly in the market for automatic card shufflers sold to regulated casinos in the United States. On April 10, 2019, the defendants filed a motion to dismiss the plaintiffs’ complaint with prejudice. On April 25, 2019, the district court denied the defendants’ motion to dismiss without prejudice pursuant to the court’s local rules, after the plaintiffs advised that they intended to file an amended complaint. The plaintiffs filed their amended complaint on May 3, 2019, and on May 22, 2019, the defendants filed a motion to dismiss the plaintiffs’ amended complaint with prejudice. On March 20, 2020, the district court denied the defendants’ motion to dismiss the plaintiffs’ amended complaint, and defendants filed an answer to Plaintiffs’ amended complaint on June 19, 2020. On June 3, 2020, the trial court granted the defendants’ request to bifurcate proceedings in the case, with discovery to occur first into the statute of limitations and release defenses asserted by the defendants in their motion to dismiss, before proceeding into broader discovery. The trial court set a September 18, 2020, deadline for the parties to complete discovery relating to the statute of limitations and release defenses. On October 28, 2020, the court issued an order extending until January 15, 2021 the deadline for the parties to complete discovery relating to the statute of limitations defense. On February 9, 2021, the defendants filed a motion for summary judgment on their statute of limitations defense, addressing whether plaintiffs had actual knowledge of their claims prior to the start of the limitations period. The district court denied that motion for summary judgment on September 20, 2021. 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. Tonkawa Tribe Matter On September 3, 2020, the Tonkawa Tribe of Indians of Oklahoma d/b/a Tonkawa Enterprises filed a putative class action complaint in the United States District Court for the District of Nevada against SGC, Bally Technologies, Inc. and SG Gaming, f/k/a Bally Gaming, Inc. On October 5, 2020, the plaintiff filed a first amended complaint to add Cow Creek Band of Umpqua Tribe of Indians and the Umpqua Indian Development Corp., d/b/a Seven Feathers Casino as a plaintiff. On October 26, 2020, the plaintiffs filed a second amended complaint. In the complaint, the plaintiffs assert federal antitrust claims arising from the defendants’ procurement of particular U.S. patents. The plaintiffs allege that the defendants used those patents to create an allegedly illegal monopoly in the market for card shufflers sold or leased to regulated casinos in the United States. The plaintiffs seek to represent a putative class of all regulated United States casinos directly leasing or purchasing card shufflers from the defendants on or after April 1, 2009. The complaint seeks unspecified money damages, the award of plaintiff’s costs of suit, including reasonable attorneys’ fees and expert fees, and the award of pre-judgment and post-judgment interest. On November 19, 2020, the defendants filed a motion to dismiss plaintiffs’ second amended complaint. On November 20, 2020, Plaintiffs filed a motion for partial summary judgment, seeking a finding that defendants are collaterally estopped from re-litigating issues litigated in the 2018 litigation versus Shuffle Tech International Corp., Aces Up Gaming, and Poydras-Talrick Holdings. On August 27, 2021, the Nevada district court entered an order transferring the lawsuit to the United States District Court for the Northern District of Illinois. 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. Giuliano and Rancho’s Club Casino Matter On September 4, 2020, Alfred T. Giuliano, as liquidation trustee for RIH Acquisition NJ, LLC d/b/a The Atlantic Club Casino Hotel filed a putative class action complaint in the United States District Court for the Northern District of Illinois against SGC, Bally Technologies, Inc. and SG Gaming, f/k/a Bally Gaming, Inc. In the complaint, the plaintiffs assert federal antitrust claims arising from the defendants’ procurement of particular U.S. patents. The plaintiffs allege that the defendants used those patents to create an allegedly illegal monopoly in the market for automatic card shufflers sold or leased in the United States. The plaintiffs seek to represent a putative class of all persons and entities that directly purchased or leased automatic card shufflers within the United States from the Defendants, or any predecessor, subsidiary, or affiliate thereof, at any time between April 1, 2009, and the present. The complaint seeks unspecified money damages, which the complaint asks the court to treble, the award of plaintiff’s costs of suit, including attorneys’ fees, and the award of pre-judgment and post-judgment interest. On September 8, 2020, Rancho’s Club Casino, Inc., d/b/a Magnolia House Casino filed a putative class action complaint in the United States District Court for the Northern District of Illinois against SGC, Bally Technologies, Inc. and SG Gaming, f/k/a Bally Gaming, Inc. In the complaint, the plaintiff asserts federal antitrust claims arising from the defendants’ procurement of particular U.S. patents. The plaintiff alleges that the defendants used those patents to create an allegedly illegal monopoly in the market for automatic card shufflers sold or leased in the United States. The plaintiff seeks to represent a putative class of all persons and entities that directly purchased or leased automatic card shufflers within the United States from the defendants, or any predecessor, subsidiary, or affiliate thereof, at any time between April 1, 2009, and the present. The complaint seeks unspecified money damages, which the complaint asks the court to treble, the award of plaintiff’s costs of suit, including attorneys’ fees, and the award of pre-judgment and post-judgment interest. On October 29, 2020, the trial court consolidated the Giuliano and Rancho’s Club Casino matters. On October 30, 2020, the plaintiffs in the consolidated action filed a first amended consolidated complaint. On November 9, 2020, the defendants filed a motion to dismiss the plaintiffs’ first amended consolidated complaint, and also filed a motion to compel arbitration of plaintiff Alfred T. Giuliano’s individual claims. 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 consolidated lawsuit are without merit, and intend to vigorously defend against them. Mohawk Gaming Enterprises Matter On November 9, 2020, Mohawk Gaming Enterprises LLC, d/b/a Akwesasne Mohawk Casino Resort, filed a demand for a putative class arbitration before the American Arbitration Association against SGC, Bally Technologies, Inc. and SG Gaming, f/k/a Bally Gaming, Inc. In the complaint, the claimant asserts federal antitrust claims arising from the respondents’ procurement of particular U.S. patents. The claimant alleges that the respondents used those patents to create an allegedly illegal monopoly in the market for automatic card shufflers sold or leased in the United States. The claimant seeks to represent a putative class of all persons and entities that directly purchased or leased automatic card shufflers within the United States from the respondents, or any predecessor, subsidiary, or affiliate thereof, at any time between April 1, 2009, and the present. The complaint seeks unspecified money damages, which the complaint asks the arbitration panel to treble, and the award of claimant’s costs of suit, including attorneys’ fees. Respondents filed their answering statement on December 9, 2020. On October 29, 2021, the claimant filed a memorandum in support of class arbitration, which Respondents opposed on December 3, 2021. On February 8, 2022, the Arbitrator issued a clause construction award, finding that the arbitration could proceed on behalf of a class or classes. On February 11, 2022, Respondents filed a petition to vacate the award in the New York Supreme Court. 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 arbitration demand are without merit, and intend to vigorously defend against them. SciPlay IPO Matter (New York) On or about October 14, 2019, the Police Retirement System of St. Louis filed a putative class action complaint in New York state court against SciPlay, certain of its executives and directors, and SciPlay’s underwriters with respect to its IPO (the “PRS Action”). The complaint was amended on November 18, 2019. The plaintiff seeks to represent a class of all persons or entities who acquired Class A common stock of SciPlay pursuant and/or traceable to the Registration Statement filed and issued in connection with the SciPlay IPO, which commenced on or about May 3, 2019. The complaint asserts claims for alleged violations of Sections 11 and 15 of the Securities Act, 15 U.S.C. § 77, and seeks certification of the putative class; compensatory damages of at least $146 million, and the award of the plaintiff’s and the class’s reasonable costs and expenses incurred in the action. On or about December 9, 2019, Hongwei Li filed a putative class action complaint in New York state court asserting substantively similar causes of action under the Securities Act of 1933 and substantially similar factual allegations as those alleged in the PRS Action (the “Li Action”). On December 18, 2019, the New York state court entered a stipulated order consolidating the PRS Action and the Li Action into a single lawsuit. On December 23, 2019, the defendants moved to dismiss the consolidated action. On August 28, 2020, the court issued an oral ruling granting in part and denying in part the defendants’ motion to dismiss. On December 14, 2020, plaintiffs in the consolidated action filed a motion to certify the putative class. On May 12, 2021, the parties in the consolidated action reached an agreement in principle to settle the consolidated action. On July 27, 2021, the parties in the consolidated action entered into a settlement agreement to settle the consolidated action. On August 11, 2021, the New York court granted preliminary approval to the parties’ proposed settlement, stayed non-settlement related proceedings in the consolidated action pending final approval of the settlement and scheduled a hearing for final approval of the settlement on November 15, 2021. On November 16, 2021, the New York court entered an order fully and finally approving the settlement agreement and dismissing the complaint in the consolidated action in its entirety. The loss from the settlement of $8.275 million was recovered and settled under our insurance policy. SciPlay IPO Matter (Nevada) On or about November 4, 2019, plaintiff John Good filed a putative class action complaint in Nevada state court against SciPlay, certain of its executives and directors, SGC, and SciPlay’s underwriters with respect to the SciPlay IPO. The plaintiff seeks to represent a class of all persons who purchased Class A common stock of SciPlay in or traceable to the SciPlay IPO that it completed on or about May 7, 2019. The complaint asserts claims for alleged violations of Sections 11 and 15 of the Securities Act, 15 U.S.C. § 77, and seeks certification of the putative class; compensatory damages, and the award of the plaintiff’s and the class’s reasonable costs and expenses incurred in the action. On February 27, 2020, the trial court entered a stipulated order that, among other things, stayed the lawsuit pending entry of an order resolving the motion to dismiss that was pending in the SciPlay IPO matter in New York state court. On September 29, 2020, the trial court entered a stipulated order that extended the stay pending a ruling on class certification in the SciPlay IPO matter in New York state court. On May 12, 2021, the parties in the Nevada lawsuit reached an agreement in principle to settle the lawsuit and so informed the Nevada court, which vacated non-settlement related proceedings in the lawsuit, pending final approval of the settlement agreement by the New York court. On December 3, 2021, the Nevada court ordered the dismissal of the Nevada lawsuit with prejudice.

Selected Quarterly Financial Data, Unaudited

12 Months Ended

Dec. 31, 2021

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data, Unaudited


(in millions, except per share amounts)	Quarter Ended 2021
	March 31 (a)		June 30 (b)		September 30 (c)		December 31 (d)
Total operating revenues	$	453	$	581	$	539	$	580
Total cost of revenues(1)	127		159		153		170
Net (loss) income from continuing operations	(88)		(51)		100		62
Net income from discontinued operations, net of tax	79		164		87		37
Net (loss) income	(9)		113		187		99
Net income attributable to noncontrolling interest	6		4		5		4
Net (loss) income attributable to SGC	(15)		109		182		95

Per Share - Basic:
Net (loss) income from continuing operations	$	(0.98)	$	(0.58)	$	0.99	$	0.60
Net income from discontinued operations	0.82		1.71		0.90		0.38
Net (loss) income attributable to SGC	$	(0.16)	$	1.13	$	1.89	$	0.98

Per Share - Diluted:
Net (loss) income from continuing operations	$	(0.98)	$	(0.58)	$	0.96	$	0.58
Net income from discontinued operations	0.82		1.71		0.88		0.37
Net (loss) income attributable to SGC	$	(0.16)	$	1.13	$	1.84	$	0.95

Weighted average number of shares used in per share calculations:
Basic shares	95		96		96		97
Diluted shares	95		96		99		100
(1) Excludes D&A
(a) Includes a $25 million gain on remeasurement of debt and $6 million U.K. FOBT recovery (refer to Note 4 for additional information).
(b) Includes a $7 million loss on remeasurement of debt, $63 million gain related to the SportCast acquisition transaction (included in net income from discontinued operations, net of tax and and $38 million U.K. FOBT recovery (refer to Notes 4 and 10 for additional information).
(c) Includes a $12 million loss on remeasurement of debt and $181 million income tax benefit due to the reversal of a portion of our valuation allowance on our U.S. federal and state deferred tax assets (see Note 19 for additional information).
(d) Includes an $11 million gain on remeasurement of debt and income tax benefit of $71 million from the valuation allowance release (see Note 19).

SCHEDULE II Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SCHEDULE II Valuation and Qualifying Accounts

SCHEDULE II

SCIENTIFIC GAMES CORPORATION AND SUBSIDIARIES

Valuation and Qualifying Accounts

Year Ended December 31, 2021, 2020 and 2019

(in millions)


Allowance for credit losses(1)	Balance at beginning of period		Additions	Deductions(2)	Balance at end of period
Year Ended December 31, 2021	$	81	(2)	(25)	$	54
Year Ended December 31, 2020	$	37	56	(12)	$	81
Year Ended December 31, 2019	$	35	9	(13)	$	31



(1) Results for reporting periods effective January 1, 2020 are presented in accordance with ASC 326 while prior period amounts continue to be reported in accordance with previously applicable U.S. GAAP.
(2) Amounts written off, net of recovery, and related impact of foreign currency exchange.


Tax-related valuation allowance	Balance at beginning of period		Additions / (deductions)	Balance at end of period
Year Ended December 31, 2021	$	298	(238)	$	60
Year Ended December 31, 2020	$	189	109	$	298
Year Ended December 31, 2019	$	228	(39)	$	189

Description of the Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of ConsolidationThe accompanying consolidated financial statements have been prepared in accordance with U.S. GAAP. The accompanying consolidated financial statements include the accounts of SGC, its wholly owned subsidiaries, and those subsidiaries in which we have a controlling financial interest. Investments in other entities in which we do not have a controlling financial interest but we exert significant influence are accounted for in our consolidated financial statements using the equity method of accounting. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	Use of estimatesThe preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents and Restricted Cash	Cash and cash equivalents Cash and cash equivalents include all cash balances and highly liquid investments with an original maturity of three months or less. We place our temporary cash investments with high credit quality financial institutions. At times, such investments in U.S. accounts may be in excess of the Federal Deposit Insurance Corporation insurance limit. Restricted cash We are required by gaming regulations to maintain sufficient reserves in restricted cash accounts to be used for the purpose of funding payments to WAP jackpot winners. These restricted cash balances are based primarily on the jackpot meters displayed to slot players or for previously won jackpots and vary by jurisdiction. Compliance with maintaining adequate restricted cash balances and complying with appropriate investment guidelines for jackpot funding is periodically reported to gaming authorities.
Minimum Guarantees	Minimum guarantees under licensing agreements We enter into long-term license agreements with third parties in which we are obligated to pay a minimum guaranteed amount of royalties, typically periodically over the life of the contract. These license agreements provide us with access to a portfolio of major brands to be used across our business segments in building our strong brand presence across multiple channels of distributions. We account for the minimum guaranteed obligations within accrued and other long-term liabilities at the onset of the license arrangement and record a corresponding licensed asset within intangible assets, net. The licensed intangible assets related to the minimum guaranteed obligations are amortized over the term of the license agreement with the amortization expense recorded in D&A. The long-term liability related to the minimum guaranteed obligations is reduced as royalty payments are made as required under the license agreement. We assess the recoverability of license agreements whenever events arise or circumstances change that indicate the carrying value of the licensed asset may not be recoverable. Recoverability of the licensed asset and the amount of impairment, if any, are determined using our policy for intangible assets with finite useful lives.
Other Assets	Other assets We capitalize debt issuance costs associated with long-term line-of-credit arrangements and amortize such amounts ratably over the term of the arrangement as an adjustment to interest expense. We assess the recoverability of our other long-term assets whenever events arise or circumstances change that indicate the carrying value of the asset may not be recoverable.
Advertising Costs	Advertising costs The cost of advertising is expensed as incurred and totaled $124 million, $123 million and $125 million in 2021, 2020 and 2019, respectively.
R&D	R&D R&D relates primarily to software product development costs and is expensed as incurred until technological feasibility has been established. Employee-related costs associated with product development are included in R&D.
Foreign Currency Translation	Foreign currency translation We have significant operations where the local currency is the functional currency, including our operations in the U.K., Europe, Australia and Canada. Assets and liabilities of foreign operations are translated at period-end rates of exchange and results of operations are translated at the average rates of exchange for the period. Gains or losses resulting from translating the foreign currency financial statements are accumulated as a separate component of accumulated other comprehensive loss in stockholders’ deficit. Gains or losses resulting from foreign currency transactions are included in Other (expense) income, net.
Comprehensive Loss	Comprehensive income (loss) We include and classify in comprehensive income (loss) unrealized gains and losses from our foreign currency translation adjustments, the effective portion of derivative financial instruments designated as hedging instruments, net investment non-derivative hedge of our investments in certain of our international subsidiaries and for our discontinued operations certain gains or losses associated with pension or other post-retirement benefits, including prior service costs or credits and transition assets or obligations.
New Accounting Guidance	New Accounting Guidance - Recently Adopted The FASB issued ASU No. 2021-05, Leases (Topic 842): Lessors – Certain Leases with Variable Lease Payments, on July 19, 2021. The new guidance requires the lessor to classify a lease with variable lease payments that do not depend on an index or a rate as an operating lease at lease commencement if classifying the lease as a sales-type lease or direct financing lease would result in the recognition of a selling loss. We adopted this standard during the third quarter of 2021 on a prospective basis. The adoption of this guidance did not have a material effect on our consolidated financial statements. New Accounting Guidance - Not Yet Adopted The FASB issued ASU No. 2020-04 and subsequently ASU No. 2021-01, Reference Rate Reform (Topic 848) in March 2020 and January 2021, respectively. The new guidance provides optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships, including derivative instruments impacted by changes in the interest rates used for discounting cash flows for computing variable margin settlements, subject to meeting certain criteria, that reference LIBOR or other reference rates expected to be discontinued, in 2022 or potentially 2023 (pending possible extension). The ASUs establish certain contract modification principles that entities can apply in other areas that may be affected by reference rate reform and certain elective hedge accounting expedients and exceptions. The ASUs may be applied prospectively. Based on our preliminary assessment completed to date, we do not expect the adoption of this guidance to have a significant impact on our consolidated financial statements. We do not expect that any other recently issued accounting guidance will have a significant effect on our consolidated financial statements.

Description of the Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Schedule of Total Minimum Guaranteed Obligations

The following are our total minimum guaranteed obligations for the periods presented:


	As of December 31,
	2021		2020
Current liabilities	$	35	$	40
Other long-term liabilities	70		104
Total minimum guarantee obligations	$	105	$	144
Weighted average remaining term (in years)	4		4

Schedule of Remaining Future Payments of Guarantee Obligations

The following are our remaining expected future payments of minimum guarantee obligations:


	Year Ending December 31,
	2022	2023	2024	2025	2026	After 2026
Expected future payments	$35	$23	$23	$23	$1	$—

Business Segments (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Operating Information by Segment

The following tables present our segment information:


	Year Ended December 31, 2021
	Gaming		SciPlay		iGaming		Unallocated and Reconciling Items(1)		Total
Total revenue	$	1,321	$	606	$	226	$	—	$	2,153
AEBITDA(2)	659		186		75		(127)		$	793
Reconciling items to consolidated Net loss from continuing operations before income taxes:
D&A	(303)		(15)		(54)		(26)		(398)

Restructuring and other	(9)		(32)		(1)		(125)		(167)

Interest expense							(478)		(478)

Gain on remeasurement of debt							41		41
Other income, net							28		28
Stock-based compensation							(113)		(113)
Net loss from continuing operations before income taxes									$	(294)
Assets as of December 31, 2021	$	4,112	$	696	$	633	$	468	$	5,909
Capital expenditures for the year ended December 31, 2021	$	123	$	9	$	23	$	16	$	171
(1) Includes amounts not allocated to the business segments (including corporate costs) and items to reconcile the total business segments AEBITDA to our consolidated net loss from continuing operations before income taxes.
(2) AEBITDA is reconciled to net loss from continuing operations before income taxes with the following adjustments: (1) depreciation and amortization expense and impairment charges (including goodwill impairments); (2) restructuring and other, which includes charges or expenses attributable to: (i) employee severance; (ii) management restructuring and related costs; (iii) restructuring and integration; (iv) cost savings initiatives; (v) major litigation; and (vi) acquisition costs and other unusual items; (3) interest expense; (4) loss (gain) on debt financing transactions; (5) change in fair value of investments and remeasurement of debt; (6) other expense (income), net including foreign currency (gains), and losses and earnings (loss) from equity investments; and (7) stock-based compensation. AEBITDA is presented as our primary segment measure of profit or loss.


	Year Ended December 31, 2020
	Gaming		SciPlay		iGaming		Unallocated and Reconciling Items(1)		Total
Total revenue	$	926	$	582	$	191	$	—	$	1,699
AEBITDA(2)	240		189		58		(113)		$	374
Reconciling items to consolidated Net loss from continuing operations before income taxes:
D&A	(348)		(10)		(48)		(43)		(449)
Goodwill impairment	(54)		—		—		—		(54)
Restructuring and other	(30)		(2)		(4)		(20)		(56)
Interest expense							(503)		(503)
Loss on debt financing transactions							(1)		(1)
Loss on remeasurement of debt							(51)		(51)
Other expense, net							(8)		(8)
Stock-based compensation							(56)		(56)
Net loss from continuing operations before income taxes									$	(804)

Assets as of December 31, 2020	$	4,364	$	564	$	423	$	714	$	6,065
Capital expenditures for the year ended December 31, 2020	$	102	$	7	$	14	$	14	$	137
(1) Includes amounts not allocated to the business segments (including corporate costs) and reconciling items to reconcile the total business segments AEBITDA to our consolidated net loss from continuing operations before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 3.


	Year Ended December 31, 2019
	Gaming		SciPlay		iGaming		Unallocated and Reconciling Items(1)		Total
Total revenue	$	1,748	$	466	$	174	$	—	$	2,388
AEBITDA(2)(3)	856		122		40		(120)		$	898
Reconciling items to consolidated Net loss from continuing operations before income taxes:
D&A	(437)		(7)		(38)		(60)		(542)
Restructuring and other	(10)		(3)		(7)		(5)		(25)
Interest expense							(589)		(589)
Loss on debt financing transactions							(100)		(100)
Gain on remeasurement of debt							9		9
Other income, net							4		4
Stock-based compensation							(32)		(32)
Net loss from continuing operations before income taxes									$	(377)

Capital expenditures for the year ended December 31, 2019	$	167	$	9	$	26	$	22	$	224
(1) Includes amounts not allocated to the business segments (including corporate costs) and reconciling items to reconcile the total business segments AEBITDA to our consolidated net loss from continuing operations before income taxes.
(2) AEBITDA is described in footnote (2) to the first table in this Note 3.
(3) The year ended December 31, 2019 includes a charge of $10 million for intellectual property royalties paid by SciPlay to the Gaming business segment, which is no longer being paid as of May 7, 2019 in connection with the IP License Agreement described in Note 1.

Schedule of the Service and Sales Revenue by Customer Location and Long-Lived Assets by Geographic Segment

The following tables present revenue by customer location and property and equipment by geographic location:


	Year Ended December 31,
	2021		2020		2019
Revenue:
U.S.	$	1,551	$	1,181	$	1,566
Other	602		518		822
Total	$	2,153	$	1,699	$	2,388


	As of December 31,
	2021		2020
Property and equipment, net:
U.S.	$	147	$	143
Other	66		99
Total	$	213	$	242

Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Summary of Revenue by Type Within Each Business Segment


	Revenue recognized for Year Ended December 31,
Revenue category	2021		2020		2019
Gaming
Gaming operations(1)	$	601	$	332	$	597
Gaming machine sales	360		312		609
Gaming systems	204		171		295
Table products	156		111		247
Total	$	1,321	$	926	$	1,748

SciPlay
Mobile	$	537	$	506	$	391
Web and other	69		76		75
Total	$	606	$	582	$	466

iGaming	$	226	$	191	$	174

(1) Gaming operations revenue for the year ended December 31, 2021 benefited from $44 million U.K. fixed odds betting terminals (“FOBT”) recovery received from certain U.K. customers for value-added tax charged on FOBTs (“FOBT recovery”) related to a 2020 U.K. court ruling associated with overcharging of value-added tax for gaming operators that consequently reduced our net gaming revenues in those affected prior periods related to these customers and arrangements.

Summary of Contract Liabilities

The following table summarizes the activity in our contract liabilities for the reporting period:


	Year Ended December 31, 2021
Contract liability balance, beginning of period(1)	$	27
Liabilities recognized during the period	31
Amounts recognized in revenue from beginning balance	(21)
Contract liability balance, end of period(1)	$	37
(1) Contract liabilities are included within Accrued liabilities and Other long-term liabilities in our consolidated balance sheets.

The following table summarizes our opening and closing balances in our receivables and contract assets:


	Receivables		Contract Assets(1)
End of period balance, December 31, 2020	$	457	$	20
End of period balance, December 31, 2021	440		19


(1) Contract assets are included primarily within Prepaid expenses, deposits and other current assets in our consolidated balance sheets.

Restructuring and other (Tables)

12 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

Summary of Restructuring and Other Costs

The following table summarizes pre-tax restructuring and other costs for the periods presented:


	Year Ended December 31,
	2021		2020		2019
Employee severance and related(1)	$	4	$	29	$	8
Strategic review and related(2)	97		—		—

Legal and related (see Note 20)	25		—		—
Restructuring, integration and other	41		27		17
Total	$	167	$	56	$	25

(1) The year ended December 31, 2020 includes $29 million in severance and other benefits granted to employees as a result of COVID-19 related austerity measures.
(2) Represents costs associated with the Pending Divestitures as further described in Note 1.

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Diluted, by Common Class, Including Two Class Method

The below table presents a reconciliation of weighted average shares used in the calculation of basic and diluted earnings per share.


	Year Ended December 31,
	2021	2020	2019
Weighted average shares for basic earnings per share	96	95	93
Stock options	1	—	—
RSUs	1	—	—
Weighted average shares for diluted earnings per share	98	95	93

Accounts Receivable and Notes Receivable and Credit Quality of Receivables (Tables)

12 Months Ended

Dec. 31, 2021

Receivables [Abstract]

Summary of components of current and long-term accounts and notes receivable, net

The following table summarizes the components of current and long-term receivables, net:


	As of December 31,
	2021		2020
Current:
Receivables	$	475	$	514
Allowance for credit losses	(52)		(76)
Current receivables, net	423		438
Long-term:
Receivables	19		24
Allowance for credit losses	(2)		(5)
Long-term receivables, net	17		19
Total receivables, net	$	440	$	457

Summary of the components of total notes receivable, net


	As of
	December 31, 2021		Balances over 90 days past due		December 31, 2020		Balances over 90 days past due
Receivables:
U.S. and Canada	$	321	$	37	$	339	$	85
International	173		44		199		45
Total receivables	494		81		538		130

Receivables allowance
U.S. and Canada	(18)		(6)		(43)		(26)
International	(36)		(19)		(38)		(20)
Total receivables allowance	(54)		(25)		(81)		(46)

Receivables, net	$	440	$	56	$	457	$	84

Schedule of activity in allowance for notes receivable

The activity in our allowance for receivable credit losses for each of the years ended December 31, 2021 and 2020 is as follows:


	2021						2020
	Total		U.S and Canada		International		Total
Beginning allowance for credit losses	$	(81)	$	(43)	$	(38)	$	(37)









Provision	2		1		1		(56)
Charge-offs and recoveries	25		24		1		12
Allowance for credit losses as of December 31	$	(54)	$	(18)	$	(36)	$	(81)

Inventories (Tables)

12 Months Ended

Dec. 31, 2021

Inventory Disclosure [Abstract]

Summary of Inventories

Inventories consisted of the following:


	As of December 31,
	2021		2020
Parts and work-in-process	$	70	$	86
Finished goods	28		33
Total inventories	$	98	$	119

Property and Equipment, net (Tables)

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Schedule of components of property plant and equipment

Property and equipment are stated at cost, and when placed into service, are depreciated using the straight-line method over the estimated useful lives of the assets as follows:


Item						Estimated Life in Years
Gaming equipment						1 - 5
Machinery and equipment						3 - 15
Transportation equipment						3 - 8
Furniture and fixtures						5 - 10
Buildings and improvements						15 - 40

Property and equipment, net consisted of the following:


	As of December 31,
	2021		2020
Land	$	6	$	6
Buildings and leasehold improvements	55		59
Gaming machinery and equipment	712		701
Furniture and fixtures	22		25
Construction in progress	9		6
Other property and equipment	84		86
Less: accumulated depreciation	(675)		(641)
Total property and equipment, net	$	213	$	242

Depreciation expense is excluded from Cost of services, Cost of product sales and Other operating expenses and is separately presented within D&A.


	Year Ended December 31,
	2021		2020		2019(1)
Depreciation expense	$	120	$	145	$	178
(1) Includes assets held for sale impairment charges of $9 million.

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Business Combinations [Abstract]

Summary of allocation of purchase price

The following table summarizes an aggregate disclosure related to business acquisitions completed during the year ended December 31, 2021:


	Total Consideration		Cash paid, net of cash acquired		Contingent Consideration(1)		Allocation of purchase price to Intangible assets, net(2)		Weighted average useful life of acquired intangible assets		Excess purchase price allocated to Goodwill(3)
Acquisitions related to continuing operations(4)	$	252	$	186	$	45	$	52	6.4	Years	$	191
Acquisitions related to discontinued operations(5)	106		18		25		35		6	Years	77
Aggregate total	$	358	$	204	$	70	$	87			$	268

(1) Contingent acquisition consideration values are primarily based on reaching certain earnings-based metrics, with a cumulative maximum payout of up to $109 million as of December 31, 2021 and were determined by fair value and included in the consideration transferred. The fair value was primarily determined using an income approach method and level 3 inputs in the hierarchy as established by ASC 820. The maximum contingent acquisition consideration liability related to continuing operations was $86 million as of December 31, 2021. The maximum contingent acquisition consideration liability related to discontinued operations was $23 million as of December 31, 2021.
(2) Intangible assets primarily consist of technology-based and customer relationship intangible assets. The fair value of these intangible assets was determined using an income approach method and level 3 inputs in the hierarchy as established by ASC 820. The discount rates and royalty rates used in the valuation analyses ranged between 15% and 29% and 1% and 52%, respectively.
(3) The factors contributing to the recognition of acquisition goodwill are based on customer offering diversification, expected synergies, assembled workforce and other strategic benefits. None of the resultant goodwill is expected to be deductible for income tax purposes.
(4) Authentic Gaming and Elk Studios (included within this line) are based on the preliminary allocations of the purchase price expected to be finalized during the first half of 2022, pending completion of the valuation analyses for the acquired intangible assets.
(5) The SportCast acquisition’s total consideration transferred included $63 million in fair value of the SportCast Option, which resulted in a $63 million gain recorded in the Net income from discontinued operations, net of tax, line item in our consolidated statements of operations for the year ended December 31, 2021 due to the increase in fair value of the SportCast Option. The fair value of the Sportscast Option has been determined using an income approach method and level 3 inputs in the hierarchy as established by ASC 820. The discount rate used in the valuation analyses was 15%.

Intangible Assets, net and Goodwill (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets


	As of
	December 31, 2021						December 31, 2020
	Gross Carrying Value		Accumulated Amortization		Net Balance			Gross Carrying Value		Accumulated Amortization		Net Balance
Amortizable intangible assets:
Customer relationships	$	911	$	(445)	$	466		$	904	$	(384)	$	520
Intellectual property	914		(670)		244			893		(621)		272
Licenses	472		(380)		92			472		(344)		128
Brand names	132		(97)		35			127		(86)		41
Trade names(1)	158		(54)		104			112		(38)		74
Patents and other	12		(7)		5			11		(6)		5
Total amortizable intangible assets	2,599		(1,653)		946			2,519		(1,479)		1,040

Non-amortizable intangible assets:
Trade names(1)	—		—		—			50		(2)		48
Total intangible assets	$	2,599	$	(1,653)	$	946		$	2,569	$	(1,481)	$	1,088

(1) During the fourth quarter of 2021, a legacy trade name was reclassified to amortizable trade names assets as a result of our rebranding initiatives (see below in this Note 11 for additional details).

Schedule of Intangible Asset Amortization Expense

The following reflects intangible amortization expense included within D&A:


	Year Ended December 31,
	2021		2020		2019
Amortization expense	$	197	$	207	$	257

The following reflects amortization of software included within D&A:


	Year Ended December 31,
	2021		2020		2019
Amortization expense	$	81	$	97	$	107

Schedule of Estimated Intangible Asset Amortization Expense

Estimated intangible asset amortization expense for the year ending December 31, 2022 and each of the subsequent four years:


	Year Ending December 31,
	2022		2023		2024		2025		2026
Amortization expense	$	246	$	190	$	147	$	101	$	87

Schedule of Goodwill Reconciliation

The table below reconciles the change in the carrying value of goodwill, by business segment, for the period from December 31, 2019 to December 31, 2021.


	Gaming(1)		SciPlay		iGaming		Totals
Balance as of December 31, 2019	$	2,449	$	115	$	170	$	2,734
Impairment	(54)		—		—		(54)
Acquired goodwill	—		7		—		7
Foreign currency adjustments	30		2		11		43
Balance as of December 31, 2020	2,425		124		181		2,730

Acquired goodwill	—		—		191		191
Foreign currency adjustments	(20)		2		(11)		(29)

Balance as of December 31, 2021	$	2,405	$	126	$	361	$	2,892

(1) Accumulated goodwill impairment charges for the Gaming segment as of December 31, 2021 were $989 million.

Software, net (Tables)

12 Months Ended

Dec. 31, 2021

Research and Development [Abstract]

Schedule of Capitalized Computer Software

Software, net consisted of the following:


	As of December 31,
	2021		2020
Software	$	996	$	992
Accumulated amortization	(879)		(849)
Software, net	$	117	$	143

Schedule of Software Amortization Expense

The following reflects intangible amortization expense included within D&A:


	Year Ended December 31,
	2021		2020		2019
Amortization expense	$	197	$	207	$	257

The following reflects amortization of software included within D&A:


	Year Ended December 31,
	2021		2020		2019
Amortization expense	$	81	$	97	$	107

Accrued Liabilities (Tables)

12 Months Ended

Dec. 31, 2021

Accrued Liabilities, Current [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities consisted of the following:


	As of December 31,
	2021		2020
Compensation and benefits	$	122	$	70
Accrued interest	84		86
Accrued licenses	29		28
Legal matters reserve	27		3
Contract liability	18		19
Taxes, other than income	17		20
Operating lease liabilities	16		16
Customer advances, deposits and funds held on behalf of customers	13		9
Contingent acquisition consideration liabilities	3		1
Other	115		91
Total	$	444	$	343

Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Lease, Cost [Table Text Block]

Supplemental balance sheet and cash flow information related to operating leases is as follows:


	As of
	December 31, 2021			December 31, 2020
Operating lease right-of-use assets(1)	$	51		$	52
Accrued liabilities	16			16
Operating lease liabilities	40			43
Total operating lease liabilities	$	56		$	59
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases for the year ended December 31, 2021 and 2020, respectively	$	19		$	19
Weighted average remaining lease term, years	4			5
Weighted average discount rate	5		%	5		%
(1) Operating lease right-of-use assets obtained in exchange for lease obligations were immaterial.

Future minimum lease payments required under our leasing arrangements

Lease liability maturities:


	2022		2023		2024		2025		2026		Thereafter		Less Imputed Interest		Total
Operating leases	$	19	$	15	$	12	$	9	$	5	$	1	$	(5)	$	56

Long-Term and Other Debt (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of debt outstanding

The following table reflects our outstanding debt:


	As of December 31,
	2021								2020
	Final Maturity	Rate(s)	Face Value		Unamortized debt discount/premium and deferred financing costs, net		Book Value		Book Value
Senior Secured Credit Facilities:
SGI Revolver	2024	variable	$	—	$	—	$	—	$	535
SGI Term Loan B-5	2024	variable	4,018		(36)		3,982		4,012
SciPlay Revolver	2024	variable	—		—		—		—
SGI Senior Notes:
2025 Secured Notes(1)	2025	5.000%	1,250		(10)		1,240		1,237
2026 Secured Euro Notes(2)	2026	3.375%	367		(3)		364		395
2025 Unsecured Notes	2025	8.625%	550		(6)		544		542
2026 Unsecured Euro Notes(2)	2026	5.500%	283		(3)		280		303
2026 Unsecured Notes	2026	8.250%	1,100		(10)		1,090		1,088
2028 Unsecured Notes	2028	7.000%	700		(8)		692		691
2029 Unsecured Notes	2029	7.250%	500		(6)		494		493


Other(3)	2023	4.089%	4		—		4		7
Total long-term debt outstanding			$	8,772	$	(82)	$	8,690	$	9,303
Less: current portion of long-term debt							(44)		(44)
Long-term debt, excluding current portion							$	8,646	$	9,259
Fair value of debt(4)			$	9,009

(1) We entered into certain cross-currency interest rate swap agreements to achieve more attractive interest rates by effectively converting $460 million of the fixed-rate, U.S. Dollar-denominated 2025 Secured Notes, including the semi-annual interest payments through October 2023, to a fixed-rate Euro-denominated debt, with a fixed annual weighted average interest rate of approximately 2.946%. These cross-currency swaps have been designated as a hedge of our net investment in certain subsidiaries.
(2) We designated a portion of our 2026 Secured Euro Notes as a net investment non-derivative hedge of our investments in certain of our international subsidiaries that use the Euro as their functional currency in order to reduce the volatility in our operating results caused by the change in foreign currency exchange rates of the Euro relative to the U.S. Dollar (see Note 16 for additional information). The total change in the face value of the 2026 Secured Euro Notes and 2026 Unsecured Euro Notes due to changes in foreign currency exchange rates since the issuance was a reduction of $62 million, of which a gain of $41 million, a loss of $51 million and a gain of $9 million were recognized on remeasurement of debt in the Consolidated Statements of Operations for the years ended December 31, 2021, 2020, and 2019, respectively.
(3) Primarily comprised of certain revenue transactions presented as debt in accordance with ASC 470.
(4) Fair value of our fixed rate and variable interest rate debt is classified within Level 2 in the fair value hierarchy and has been calculated based on the quoted market prices of our securities.

Schedule of debt and capital lease payments due over the next five years and beyond

The following reflects the principal amount of debt and finance lease payments due over the next five years and beyond as of December 31, 2021:


Due	Total Principal Due		Series of Debt/Finance lease	Principal Due per Series of Debt/Lease


2022	$	44	Term Loan B-5	$	42
			Other	2
2023	44		Term Loan B-5	42
			Other	2
2024	3,934		Term Loan B-5	3,934
			Drawn Revolving Credit Facility	—
2025	1,800		2025 Secured Notes	1,250
			2025 Unsecured Notes	550
2026	1,750		2026 Secured Euro Notes	367
			2026 Unsecured Euro Notes	283
			2026 Unsecured Notes	1,100
2027 and beyond	1,200		2028 Unsecured Notes	700
			2029 Unsecured Notes	500
Unamortized deferred financing costs and discount/premium	(82)
Total debt book value as of December 31, 2021	$	8,690

Schedule of components of extinguishment and modification of debt

The following are components of the loss on debt financing transactions resulting from debt extinguishment and modification accounting:


	Years Ended December 31,
	2021		2020		2019
Repurchase and cancellation of principal balance at premium	$	—	$	—	$	80
Unamortized debt (premium) discount and deferred financing costs, net	—		—		20
Third party debt issuance fees	—		1		—
Total loss on debt financing transactions	$	—	$	1	$	100

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of losses (gains) on interest rate swaps

The following table shows the gains (losses) and interest expense on our interest rate swap contracts:


	Year Ended December 31,
	2021		2020		2019
Gains (losses) recorded in accumulated other comprehensive income (loss), net of tax	$	14	$	(6)	$	(11)
Interest expense recorded related to interest rate swap contracts	19		15		1

Schedule of Effect of Interest Rate Swap Contracts Designated as Cash Flow Hedges

The following table shows the effect of interest rate swap contracts designated as cash flow hedges on the consolidated statements of operations:


	Year Ended December 31, 2021		Year Ended December 31, 2020
	Interest expense		Interest expense
Total interest expense which reflects the effects of cash flow hedges	$	(478)	$	(503)
Hedged item	(20)		(20)
Derivative designated as hedging instrument	1		5

Schedule of fair value hedges

The following table shows the fair value of our hedges:

As of

Balance Sheet Line Item

December 31, 2021

December 31, 2020

Interest rate swaps(1)(3)

Other liabilities

Cross-currency interest rate swaps(2)(3)

Other assets

(3) The inputs used to measure the fair value of our interest rate swap contracts are categorized as Level 2 in the fair value hierarchy.

Stockholders' Deficit (Tables)

12 Months Ended

Dec. 31, 2021

Stockholders' Equity Note [Abstract]

Schedule of change in the number of shares of Class A common stock

The following reflects total stock-based compensation expense recognized under all programs:


	Year Ended December 31,
		2021		2020		2019
Related to SGC stock options		$	31	$	8	$	4
Related to SGC RSUs		75		26		19
Related to SciPlay RSUs		7		22		9
Total(1)(2)		$	113	$	56	$	32

(1) The increase in SGC stock-based compensation expense for the year ended December 31, 2021 is related to the acceleration of the expense as a result of attainment of certain targets for grants to consultants who are also on our board coupled with the new equity awards issued at a higher fair value given the increase in our stock price compared to the prior period.
(2) The year ended December 31, 2021 includes $34 million classified as liability awards.

The following table sets forth the change in the number of shares of common stock outstanding during the fiscal years ended December 31, 2021 and 2020:


	December 31,
	2021	2020
Shares outstanding as of beginning of period	95	94
Shares issued as part of equity-based compensation plans and the ESPP, net of shares surrendered	2	1

Shares outstanding as of end of period	97	95

Share-based Payment Arrangement, Option, Activity

A summary of the changes in stock options outstanding under our equity-based compensation plans during 2021 is presented below:


	Number of Options	Weighted Average Remaining Contract Term (Years)	Weighted Average Exercise Price (per share)		Aggregate Intrinsic Value
Options outstanding as of December 31, 2020	2.2	6.2	$	32.89	$	20
Granted	—	—	$	74.16	$	—
Exercised	0.2	—	$	26.26	$	7
Cancelled	—	—	$	41.13	$	—
Options outstanding as of December 31, 2021	2.0	5.3	$	33.59	$	68
Options exercisable as of December 31, 2021	1.8	5.1	$	34.19	$	59
Options expected to vest as of December 31, 2021	0.2	7.3	$	28.96	$	8

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The weighted-average assumptions used in the model are outlined in the following table:


	2021		2020		2019
Assumptions:
Expected volatility	74	%	75	%	58	%
Risk-free interest rate	0.96	%	0.36	%	2.46	%
Dividend yield	—		—		—
Expected life (in years)	6		6		6

RSUs outstanding under equity-based compensation plans

A summary of the changes in RSUs outstanding under our equity-based compensation plans during 2021 is presented below:


	Number of Restricted Stock Units	Weighted Average Grant Date Fair Value
Unvested RSUs as of December 31, 2020	3.3	$	19.07
Granted	1.2	$	55.64
Vested	(1.6)	$	24.70
Cancelled	(0.2)	$	27.96
Unvested RSUs as of December 31, 2021(1)	2.7	$	32.03

(1) 1 million unvested RSUs are related to discontinued operations for each of the years ended December 31, 2021 and 2020.

Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2021

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Schedule of accumulated balances for each classification of comprehensive (loss) income

The accumulated balances for each classification of other comprehensive (loss) income are presented below:


	Foreign Currency Items		Derivative Financial Instruments(1)		Unrecognized pension benefit costs, net of taxes(2)		Accumulated Other Comprehensive Loss
Balance at January 1, 2019	$	(282)	$	—	$	(18)	$	(300)
Change during period	26		(11)		(8)		7
Reclassified into operations	—		—		1		1
Balance at December 31, 2019	$	(256)	$	(11)	$	(25)	$	(292)
Change during period	85		(6)		(5)		74
Reclassified into operations	—		—		—		—
Balance at December 31, 2020	$	(171)	$	(17)	$	(30)	$	(218)
Change during period	(74)		14		17		(43)
Reclassified into operations	—		—		—		—
Balance at December 31, 2021	$	(245)	$	(3)	$	(13)	$	(261)

(1) The change during the period is net of income taxes of $15 million, $— million and $4 million in 2021, 2020 and 2019, respectively.
(2) The change during the period is net of income taxes of $5 million, $— million and $1 million in 2021, 2020 and 2019, respectively.

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of components of net loss from continuing operations before income taxes

The components of net loss from continuing operations before income taxes are as follows:


	Year Ended December 31,
	2021		2020		2019
United States	$	(309)	$	(631)	$	(361)
Foreign	15		(173)		(16)
Net loss from continuing operations before income tax expense	$	(294)	$	(804)	$	(377)

Schedule of components of the expense (benefit) for income taxes

The components of income tax expense (benefit) are as follows:


	Year Ended December 31,
	2021		2020		2019
Current
U.S. Federal	$	(58)	$	6	$	(47)
U.S. State	1		(1)		(7)
Foreign	10		6		14
Total	(47)		11		(40)
Deferred
U.S. Federal	(222)		(4)		(3)
U.S. State	(46)		(4)		(2)
Foreign	(3)		(6)		(2)
Total	(271)		(14)		(7)
Total income tax benefit	$	(318)	$	(3)	$	(47)

Schedule of reconciliation of the U.S. federal statutory tax rate to the actual tax rate

The reconciliation of the U.S. federal statutory tax rate to the actual tax rate is as follows:


	Year Ended December 31,
	2021		2020		2019
Statutory U.S. federal income tax rate	21.0	%	21.0	%	21.0	%
Foreign earnings at rates different than U.S. federal rate	(2.9)	%	0.3	%	(0.6)	%
Valuation allowance adjustments	86.3	%	(17.1)	%	(8.7)	%

Permanent items	(0.5)	%	(1.9)	%	(3.0)	%
Change in UTBs	—	%	0.2	%	1.7	%
Goodwill impairments	—	%	(1.5)	%	—	%
Other	4.5	%	(0.5)	%	2.1	%
Effective income tax rate	108.4	%	0.5	%	12.5	%

Schedule of deferred income taxes


	As of December 31,
	2021		2020
Deferred tax assets:

Reserves and other accrued expenses	$	99	$	84



Net operating loss carry forwards	352		436
Tax credit carry forwards	48		42
Interest limitation carry forwards	66		20
Differences in financial reporting and tax basis for:

Other	70		51
Less: Valuation allowance	(60)		(298)
Realizable deferred tax assets	575		335

Deferred tax liabilities:


Differences in financial reporting and tax basis for:
Identifiable intangible assets	(190)		(217)
Property and equipment	(47)		(49)
Other	(24)		(9)
Total deferred tax liabilities	(261)		(275)
Net deferred tax asset on balance sheet	$	314	$	60

Summary of net operating loss carryforward

At December 31, 2021, we had the following NOL, interest limitation, R&D credit, and state tax credit carry forwards:


	December 31, 2021
	Federal		State		Foreign
NOL carry forwards	$	1,240	$	1,335	$	110
Interest limitation carry forwards	240		269		—
R&D and state credit carry forwards	49		1		—

Summary of valuation allowance

At December 31, 2021 and 2020, we had the following valuation allowances:


	December 31,
	2021		2020
Federal	$	15	$	223
State	22		53

Foreign	23		22

Schedule of unrecognized tax benefits

The Company had the following activity for unrecognized tax benefits:


	Year Ended December 31,
	2021		2020		2019
Balance at beginning of period	$	30	$	28	$	34
Tax positions related to current year additions	—		1		1
Additions for tax positions of prior years	—		2		—
Tax positions related to prior years reductions	(1)		—		—
Reductions due to lapse of statute of limitations on tax positions	—		(1)		(7)

Balance at end of period	$	29	$	30	$	28

Selected Quarterly Financial Data, Unaudited (Tables)

12 Months Ended

Dec. 31, 2021

Quarterly Financial Information Disclosure [Abstract]

Schedule of Financial Information of Selected Quarterly Financial Data


(in millions, except per share amounts)	Quarter Ended 2021
	March 31 (a)		June 30 (b)		September 30 (c)		December 31 (d)
Total operating revenues	$	453	$	581	$	539	$	580
Total cost of revenues(1)	127		159		153		170
Net (loss) income from continuing operations	(88)		(51)		100		62
Net income from discontinued operations, net of tax	79		164		87		37
Net (loss) income	(9)		113		187		99
Net income attributable to noncontrolling interest	6		4		5		4
Net (loss) income attributable to SGC	(15)		109		182		95

Per Share - Basic:
Net (loss) income from continuing operations	$	(0.98)	$	(0.58)	$	0.99	$	0.60
Net income from discontinued operations	0.82		1.71		0.90		0.38
Net (loss) income attributable to SGC	$	(0.16)	$	1.13	$	1.89	$	0.98

Per Share - Diluted:
Net (loss) income from continuing operations	$	(0.98)	$	(0.58)	$	0.96	$	0.58
Net income from discontinued operations	0.82		1.71		0.88		0.37
Net (loss) income attributable to SGC	$	(0.16)	$	1.13	$	1.84	$	0.95

Weighted average number of shares used in per share calculations:
Basic shares	95		96		96		97
Diluted shares	95		96		99		100
(1) Excludes D&A
(a) Includes a $25 million gain on remeasurement of debt and $6 million U.K. FOBT recovery (refer to Note 4 for additional information).
(b) Includes a $7 million loss on remeasurement of debt, $63 million gain related to the SportCast acquisition transaction (included in net income from discontinued operations, net of tax and and $38 million U.K. FOBT recovery (refer to Notes 4 and 10 for additional information).
(c) Includes a $12 million loss on remeasurement of debt and $181 million income tax benefit due to the reversal of a portion of our valuation allowance on our U.S. federal and state deferred tax assets (see Note 19 for additional information).
(d) Includes an $11 million gain on remeasurement of debt and income tax benefit of $71 million from the valuation allowance release (see Note 19).

Description of the Business and Summary of Significant Accounting Policies - Description of the Business (Details) - USD ($) $ in Millions			12 Months Ended
	May 08, 2020	May 07, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Subsequent Event [Line Items]
Total Available Liquidity (Excluding SciPlay)			$ 903
Line of Credit Facility, Remaining Borrowing Capacity			638
Income Tax Benefit, Percentage Realized		85.00%
Stockholders' Equity Attributable to Noncontrolling Interest			150	$ 129
Borrowings under SGI revolving credit facility			60	$ 530	$ 270
Face Value			$ 8,772
Debt Covenant, Minimum Liquidity Requirement	$ 275
Common stock outstanding (in shares)			97,000,000	95,000,000	94,000,000
SciPlay \| IPO [Member]
Subsequent Event [Line Items]
Sale Of Stock, Percentage Of Ownership Sold		18.00%
Common stock outstanding (in shares)		22,720,000
Percentage Of Voting Interest Of Subsidiary Held			97.70%
SciPlay \| IPO [Member] \| Intellectual property
Subsequent Event [Line Items]
Proceeds from asset sales		$ 255
SciPlay \| IPO [Member] \| Common Class B [Member]
Subsequent Event [Line Items]
Percentage Of Voting Interest Of Subsidiary Held			80.80%
Discontinued Operations, Disposed of by Sale \| Sports Betting Business
Subsequent Event [Line Items]
Proceeds from Divestiture of Businesses			$ 1,000
Discontinued Operations, Disposed of by Sale \| Sports Betting Business \| Endeavor Group Holdings Inc Member
Subsequent Event [Line Items]
Non cash Or Part Non cash Divestiture Non cash Financial Or Equity Instrument Consideration Shares Received			7,600,000
Noncash or Part Noncash Divestiture, Amount of Consideration Received			$ 200
Discontinued Operations, Disposed of by Sale \| Lottery Business Segment \| Brookfield
Subsequent Event [Line Items]
Proceeds from Divestiture of Businesses			5,825
Disposal Group, Including Discontinued Operation, Consideration			6,050
Disposal Group Including Discontinued Operations Contingent Consideration			225
Discontinued Operations
Subsequent Event [Line Items]
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents			$ 44	$ 88

Description of the Business and Summary of Significant Accounting Policies - Minimum Guarantees (Details) - Payment guarantee - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Guarantor Obligations [Line Items]
Amortization related to licenses	$ 40	$ 60	$ 68
Current liabilities	35	40
Other long-term liabilities	70	104
Total minimum guarantee obligations	$ 105	$ 144
Weighted average remaining term (in years)	4 years	4 years
Expected future payments, 2022	$ 35	$ 40
Expected future payments, 2023	23
Expected future payments, 2024	23
Expected future payments, 2025	23
Expected future payments, 2026	1
Expected future payments, After 2026	$ 0

Description of the Business and Summary of Significant Accounting Policies - Advertising Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Advertising costs	$ 124	$ 123	$ 125

Description of the Business and Summary of Significant Accounting Policies - New Accounting Guidance (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Stockholders' Equity Attributable to Parent	$ 2,256	$ 2,653

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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-Name Accounting Standards Codification
-Topic 235
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+ Details

Description of the Business and Summary of Significant Accounting Policies - Initial Public Offering (Details) - USD ($) $ in Millions		12 Months Ended
	May 07, 2019	Dec. 31, 2019	Dec. 31, 2021	Dec. 31, 2020
Subsidiary, Sale of Stock [Line Items]
Common stock outstanding (in shares)		94,000,000	97,000,000	95,000,000
Income Tax Benefit, Percentage Realized	85.00%
Stockholders' Equity Attributable to Noncontrolling Interest			$ 150	$ 129
Additional Paid in Capital
Subsidiary, Sale of Stock [Line Items]
Proceeds from Issuance Initial Public Offering		$ 328
Noncontrolling Interest
Subsidiary, Sale of Stock [Line Items]
Proceeds from Issuance Initial Public Offering		$ 91
SciPlay \| IPO [Member]
Subsidiary, Sale of Stock [Line Items]
Sale Of Stock, Percentage Of Ownership Sold	18.00%
Common stock outstanding (in shares)	22,720,000
Percentage Of Voting Interest Of Subsidiary Held			97.70%
SciPlay \| IPO [Member] \| Additional Paid in Capital
Subsidiary, Sale of Stock [Line Items]
Proceeds from Issuance Initial Public Offering	$ 312
SciPlay \| IPO [Member] \| Noncontrolling Interest
Subsidiary, Sale of Stock [Line Items]
Proceeds from Issuance Initial Public Offering	30
Common Class B [Member] \| SciPlay \| IPO [Member]
Subsidiary, Sale of Stock [Line Items]
Percentage Of Voting Interest Of Subsidiary Held			80.80%
Intellectual property \| SciPlay \| IPO [Member]
Subsidiary, Sale of Stock [Line Items]
Proceeds from asset sales	$ 255

Description of the Business and Summary of Debt Covenant (Details) shares in Thousands, $ in Millions		12 Months Ended
	May 08, 2020 USD ($)	Dec. 31, 2021 USD ($) shares	Dec. 31, 2020 USD ($)
Debt Instrument [Line Items]
Debt Covenant, Minimum Liquidity Requirement	$ 275
Total Available Liquidity (Excluding SciPlay)		$ 903
Line of Credit Facility, Remaining Borrowing Capacity		638
Discontinued Operations, Disposed of by Sale \| Sports Betting Business
Debt Instrument [Line Items]
Proceeds from Divestiture of Businesses		1,000
Discontinued Operations
Debt Instrument [Line Items]
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents		44	$ 88
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents		$ 44	$ 88
Endeavor Group Holdings Inc Member \| Discontinued Operations, Disposed of by Sale \| Sports Betting Business
Debt Instrument [Line Items]
Non cash Or Part Non cash Divestiture Non cash Financial Or Equity Instrument Consideration Shares Received \| shares		7,600
Non cash Or Part Non cash Divestiture Non cash Financial Or Equity Instrument Consideration Shares Received \| shares		7,600
Noncash or Part Noncash Divestiture, Amount of Consideration Received		$ 200
Brookfield \| Discontinued Operations, Disposed of by Sale \| Lottery Business Segment
Debt Instrument [Line Items]
Disposal Group, Including Discontinued Operation, Consideration		6,050
Proceeds from Divestiture of Businesses		5,825
Disposal Group, Including Discontinued Operation, Consideration		6,050
Disposal Group Including Discontinued Operations Contingent Consideration		$ 225
London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Instrument Floor Interest Rate	0.50%
Certain Covenant Instances
Debt Instrument [Line Items]
Debt Covenant, Minimum Liquidity Requirement	$ 400
Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
First lien leverage ratio, period one maximum			5.00
Debt Instrument, Redemption, Period One \| SciPlay
Debt Instrument [Line Items]
First lien leverage ratio, period one maximum			2.50
Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
First lien leverage ratio, period one maximum			4.75
Debt Instrument, Redemption, Period Two \| SciPlay
Debt Instrument [Line Items]
First lien leverage ratio, period one maximum			4.00

Business Segments - Reportable Segment (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Total revenue	$ 580	$ 539	$ 581	$ 453	$ 480	$ 432	$ 308	$ 479	$ 2,153	$ 1,699	$ 2,388
AEBITDA									793	374	898
D&A									(398)	(449)	(542)
Goodwill, Impairment Loss									0	(54)	0
Restructuring and other									(167)	(56)	(25)
Interest expense									(478)	(503)	(589)
Loss on debt financing transactions									0	(1)	(100)
Gain (loss) on remeasurement of debt	11	$ 12	$ (7)	$ 25	(25)	$ (24)	$ (12)	$ 10	41	(51)	9
Other income (expense), net									28	(8)	4
Stock-based compensation									(113)	(56)	(32)
Net loss from continuing operations before income taxes									(294)	(804)	(377)
Assets	7,883				7,984				7,883	7,984
Capital expenditures for year ended									171	137	224
Continuing Operations
Segment Reporting Information [Line Items]
Assets	5,909				6,065				5,909	6,065
Gaming
Segment Reporting Information [Line Items]
Total revenue									1,321	926	1,748
Goodwill, Impairment Loss										(54)
SciPlay
Segment Reporting Information [Line Items]
Total revenue									606	582	466
iGaming
Segment Reporting Information [Line Items]
Total revenue									226	191	174
Goodwill, Impairment Loss										0
Operating Segments \| Gaming
Segment Reporting Information [Line Items]
Total revenue									1,321	926	1,748
AEBITDA									659	240	856
D&A									(303)	(348)	(437)
Goodwill, Impairment Loss										(54)
Restructuring and other									(9)	(30)	(10)
Assets	4,112				4,364				4,112	4,364
Capital expenditures for year ended									123	102	167
Operating Segments \| SciPlay
Segment Reporting Information [Line Items]
Total revenue									606	582	466
AEBITDA									186	189	122
D&A									(15)	(10)	(7)
Goodwill, Impairment Loss										0
Restructuring and other									(32)	(2)	(3)
Assets	696				564				696	564
Capital expenditures for year ended									9	7	9
Operating Segments \| iGaming
Segment Reporting Information [Line Items]
Total revenue									226	191	174
AEBITDA									75	58	40
D&A									(54)	(48)	(38)
Goodwill, Impairment Loss										0
Restructuring and other									(1)	(4)	(7)
Assets	633				423				633	423
Capital expenditures for year ended									23	14	26
Unallocated and Reconciling Items
Segment Reporting Information [Line Items]
Total revenue									0	0	0
AEBITDA									(127)	(113)	(120)
D&A									(26)	(43)	(60)
Goodwill, Impairment Loss										0
Restructuring and other									(125)	(20)	(5)
Interest expense									(478)	(503)	(589)
Loss on debt financing transactions										(1)	(100)
Gain (loss) on remeasurement of debt									41	(51)	9
Other income (expense), net									28	(8)	4
Stock-based compensation									(113)	(56)	(32)
Assets	$ 468				$ 714				468	714
Capital expenditures for year ended									$ 16	$ 14	$ 22

Business Segments - Revenue and Long-Lived Assets by Geographic Segment (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Geographic Segments
Total revenue	$ 580	$ 539	$ 581	$ 453	$ 480	$ 432	$ 308	$ 479	$ 2,153	$ 1,699	$ 2,388
Property and equipment, net	213				242				213	242
U.S.
Geographic Segments
Total revenue									1,551	1,181	1,566
Property and equipment, net	147				143				147	143
Other
Geographic Segments
Total revenue									602	518	$ 822
Property and equipment, net	$ 66				$ 99				$ 66	$ 99

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130543-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 924
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-URI http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856

+ Details

Revenue Recognition - Summary of Revenue by Type (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Total revenue	$ 580	$ 539	$ 581	$ 453	$ 480	$ 432	$ 308	$ 479	$ 2,153	$ 1,699	$ 2,388
U.K. FOBT Value Added Tax Recovery Received			$ 38	$ 6					44
Gaming
Segment Reporting Information [Line Items]
Total revenue									1,321	926	1,748
SciPlay
Segment Reporting Information [Line Items]
Total revenue									606	582	466
iGaming
Segment Reporting Information [Line Items]
Total revenue									226	191	174
Gaming operations(1) \| Gaming
Segment Reporting Information [Line Items]
Total revenue									601	332	597
Gaming machine sales \| Gaming
Segment Reporting Information [Line Items]
Total revenue									360	312	609
Gaming systems \| Gaming
Segment Reporting Information [Line Items]
Total revenue									204	171	295
Table products \| Gaming
Segment Reporting Information [Line Items]
Total revenue									156	111	247
Mobile \| SciPlay
Segment Reporting Information [Line Items]
Total revenue									537	506	391
Web and other \| SciPlay
Segment Reporting Information [Line Items]
Total revenue									$ 69	$ 76	$ 75

Revenue Recognition - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue from External Customer [Line Items]
(Reduction) increase in revenue	$ 580	$ 539	$ 581	$ 453	$ 480	$ 432	$ 308	$ 479	$ 2,153	$ 1,699	$ 2,388
Operating Lease, Lease Income									374	209	373
Gaming
Revenue from External Customer [Line Items]
(Reduction) increase in revenue									1,321	926	1,748
Gaming operations(1) \| Gaming
Revenue from External Customer [Line Items]
(Reduction) increase in revenue									601	332	597
Gaming operations(1) \| Gaming \| Accounting Standards Update 2014-09
Revenue from External Customer [Line Items]
(Reduction) increase in revenue									$ 27	$ 16	$ 20

- Definition

+ References

+ Details

Revenue Recognition - Summary of Contract Liabilities (Details) $ in Millions	12 Months Ended
	Dec. 31, 2021 USD ($)
Change In Contract Liabilities [Roll Forward]
Contract liability balance, beginning of period	$ 27
Liabilities recognized during the period	31
Amounts recognized in revenue from beginning balance	(21)
Contract liability balance,end of period	$ 37

Revenue Recognition - Opening and Closing Balances (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Receivables	$ 440	$ 457
Contract with Customer, Asset, Net	$ 19	$ 20

Restructuring and other (Details) - USD ($) $ in Millions	12 Months Ended
Restructuring and other (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Restructuring Cost and Reserve [Line Items]
Restructuring and other	$ 167	$ 56	$ 25
Employee severance
Restructuring Cost and Reserve [Line Items]
Restructuring and other	4	29	8
Employee severance \| contingencies related to COVID19
Restructuring Cost and Reserve [Line Items]
Restructuring and other	29
Acquisition-related costs
Restructuring Cost and Reserve [Line Items]
Restructuring and other	97	0	0
Legal and related
Restructuring Cost and Reserve [Line Items]
Restructuring and other	25	0	0
Restructuring, integration and other
Restructuring Cost and Reserve [Line Items]
Restructuring and other	$ 41	$ 27	$ 17

Basic and Diluted Net Loss Per Share (Details) - shares shares in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted Average Number of Shares Outstanding, Diluted (in shares)	100	99	96	95	95	95	95	95	98	95	93
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)										2	1
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements (in shares)									1	0	0
Restricted Stock Units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)									3
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements (in shares)									1	0	0

Accounts Receivable and Notes Receivable and Credit Quality of Receivables - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended				12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for Loan and Lease Losses, Period Increase (Decrease)	$ 15	$ 1	$ 12	$ 28	$ 56	$ 56
Balances over 90 days past due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Percent Past Due	18.00%				13.00%	18.00%
Extended Maturity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts Receivable, before Allowance for Credit Loss					$ 67

Accounts Receivable and Notes Receivable and Credit Quality of Receivables - Components of Accounts and Notes Receivable (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current:
Receivables	$ 475	$ 514
Allowance for credit losses	(52)	(76)
Current receivables, net	423	438
Notes receivable	19	24
Financing Receivable, Allowance for Credit Loss, Noncurrent	(2)	(5)
Long-term:
Long-term receivables, net	17	19
Total accounts and notes receivable, net	$ 440	$ 457

- Definition

Amount, before allowance for credit loss, of financing receivable.

+ References + Details

Accounts Receivable and Notes Receivable and Credit Quality of Receivables - Components of Total Notes Receivable, Net (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Receivables, net
Notes receivable	$ 19	$ 24
Notes receivable allowance for doubtful accounts		(81)	$ (37)
Accounts and notes receivable, net	440	457
Stockholders' Equity Attributable to Parent	2,256	2,653
Notes Receivable
Receivables, net
Notes receivable	494	538
Notes receivable allowance for doubtful accounts	(54)	(81)
Accounts and notes receivable, net	440	457
Provision	2	(56)
Charge-offs and recoveries	25	12
Domestic
Receivables, net
Notes receivable allowance for doubtful accounts		(43)
Domestic \| Notes Receivable
Receivables, net
Notes receivable	321	339
Notes receivable allowance for doubtful accounts	(18)	(43)
Provision	1
Charge-offs and recoveries	24
International
Receivables, net
Notes receivable allowance for doubtful accounts		(38)
International \| Notes Receivable
Receivables, net
Notes receivable	173	199
Notes receivable allowance for doubtful accounts	(36)	(38)
Provision	1
Charge-offs and recoveries	1
Balances over 90 days past due \| Notes Receivable
Receivables, net
Notes receivable	81	130
Notes receivable allowance for doubtful accounts, balances over 90 days past due	(25)	(46)
Notes receivable, net, balances over 90 days past due	56	84
Balances over 90 days past due \| Domestic \| Notes Receivable
Receivables, net
Notes receivable	37	85
Notes receivable allowance for doubtful accounts, balances over 90 days past due	(6)	(26)
Balances over 90 days past due \| International \| Notes Receivable
Receivables, net
Notes receivable	44	45
Notes receivable allowance for doubtful accounts, balances over 90 days past due	$ (19)	$ (20)

Accounts Receivable and Notes Receivable and Credit Quality of Receivables - Allowance for Notes Receivable (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Allowance for credit losses as of September 30	$ (81)	$ (37)
Allowance for credit losses as of December 31		(81)
Accounts Receivable, Net, Current	423	438
Latin America [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Accounts Receivable, before Allowance for Credit Loss	103
Accounts Receivable, Allowance for Credit Loss	(38)
Accounts Receivable, Net, Current	65
Notes Receivable
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Allowance for credit losses as of September 30	(81)
Provision	2	(56)
Charge-offs and recoveries	25	12
Allowance for credit losses as of December 31	(54)	$ (81)
Financial Asset Current Or Not Yet Due [Member] \| Latin America [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Accounts Receivable, before Allowance for Credit Loss	45
Accounts Receivable, Allowance for Credit Loss	(17)
Accounts Receivable, Net, Current	28
Balances over 90 days past due \| Latin America [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Accounts Receivable, before Allowance for Credit Loss	58
Accounts Receivable, Allowance for Credit Loss	(21)
Accounts Receivable, Net, Current	$ 37

Inventories (Details) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
Inventories (Details) - USD ($) $ in Millions	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Inventories
Parts and work-in-process	$ 86			$ 70	$ 86
Finished goods	33			28	33
Total inventories	119			98	119
Inventory Write-down	$ 4	$ 15	$ 21	$ 12	$ 48	$ 9

Property and Equipment, net - Property and Equipment Estimated Lives (Details)	12 Months Ended
	Dec. 31, 2021
Gaming equipment \| Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	1 year
Gaming equipment \| Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	5 years
Machinery and equipment \| Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	3 years
Machinery and equipment \| Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	15 years
Transportation equipment \| Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	3 years
Transportation equipment \| Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	8 years
Furniture and fixtures \| Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	5 years
Furniture and fixtures \| Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	10 years
Buildings and improvements \| Minimum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	15 years
Buildings and improvements \| Maximum
Property, Plant and Equipment [Line Items]
Property and equipment useful life	40 years

Property and Equipment, net - Schedule of Property and Equipment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Less: accumulated depreciation	$ (675)	$ (641)
Total property and equipment, net	213	242
Depreciation expense	120	145	$ 178
Impairment Charge on Reclassified Assets			$ 9
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	6	6
Buildings and leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	55	59
Gaming machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	712	701
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	22	25
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	9	6
Other property and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 84	$ 86

Acquisitions - Aggregate Disclosure Related to Business Acquisitions (Details) - USD ($) $ in Millions		12 Months Ended
	Aug. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Business Combination, Consideration Transferred, Including Discontinued Operations		$ 358
Cash paid, net of cash acquired		186	$ 13	$ 0
Payments to Acquire Businesses, Net of Cash Acquired, Including Discontinued Operations		204
Contingent acquisition consideration		51	3
Business Combination, Contingent Consideration, Liability, Including Discontinued Operations		70
Intangible assets		87
Acquired goodwill		191	$ 7
Goodwill, Acquired During Period, Including Discontinued Operations		268
Continuing Operations
Business Acquisition [Line Items]
Total consideration		252
Cash paid, net of cash acquired		186
Contingent acquisition consideration		45
Intangible assets		$ 52
Weighted average useful life of acquired intangible assets		6 years 4 months 24 days
Acquired goodwill		$ 191
Discontinued Operations
Business Acquisition [Line Items]
Business Combination, Consideration Transferred, Discontinued Operations		106
Cash paid, net of cash acquired		18
Contingent acquisition consideration		25
Intangible assets		$ 35
Weighted average useful life of acquired intangible assets		6 years
Acquired goodwill		$ 77
Acquisitions During Period Member
Business Acquisition [Line Items]
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High, Including Discontinued Operations		109
Maximum contingent consideration payout		86
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High, Discontinued Operations		$ 23
Sport Cast Pty Limited
Business Acquisition [Line Items]
Fair Value, Option, Changes in Fair Value, Gain (Loss)	$ 63
Sport Cast Pty Limited \| Measurement Input, Discount Rate
Business Acquisition [Line Items]
Business Combination, Valuation Analysis, Discount Rate	15.00%
Minimum
Business Acquisition [Line Items]
Discount rate			15.00%
Royalty rate			1.00%
Maximum
Business Acquisition [Line Items]
Discount rate			29.00%
Royalty rate			52.00%

Acquisitions - Additional Information (Details) - USD ($) $ in Millions		12 Months Ended
	Mar. 01, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 186	$ 13	$ 0
Come2Play, Ltd. [Member]
Business Acquisition [Line Items]
Cash paid in acquisition		18
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		13
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets		$ 7
Alictus \| Subsequent Event
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired	$ 102
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Low	0
Maximum contingent consideration payout	$ 200

Intangible Assets, net and Goodwill - Intangible Assets (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Schedule of Finite Lived Intangible and Indefinite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 2,599	$ 2,519
Amortizable intangible assets, accumulated amortization	(1,653)	(1,479)
Finite-Lived Intangible Assets, Net	946	1,040
Intangible Assets, Net (Excluding Goodwill), Gross	2,599	2,569
Total intangible assets, accumulated amortization	(1,653)	(1,481)
Total intangible assets, net balance	946	1,088
Trade Names [Member]
Schedule of Finite Lived Intangible and Indefinite Lived Intangible Assets [Line Items]
Non-amortizable intangible assets, gross carrying amount	0	50
Non-amortizable intangible assets, accumulated amortization	0	(2)
Non-amortizable intangible assets, net balance	0	48
Trade Names [Member]
Schedule of Finite Lived Intangible and Indefinite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	158	112
Amortizable intangible assets, accumulated amortization	(54)	(38)
Finite-Lived Intangible Assets, Net	104	74
Patents and other
Schedule of Finite Lived Intangible and Indefinite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	12	11
Amortizable intangible assets, accumulated amortization	(7)	(6)
Finite-Lived Intangible Assets, Net	5	5
Customer relationships
Schedule of Finite Lived Intangible and Indefinite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	911	904
Amortizable intangible assets, accumulated amortization	(445)	(384)
Finite-Lived Intangible Assets, Net	466	520
Intellectual property
Schedule of Finite Lived Intangible and Indefinite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	914	893
Amortizable intangible assets, accumulated amortization	(670)	(621)
Finite-Lived Intangible Assets, Net	244	272
Licenses
Schedule of Finite Lived Intangible and Indefinite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	472	472
Amortizable intangible assets, accumulated amortization	(380)	(344)
Finite-Lived Intangible Assets, Net	92	128
Brand names
Schedule of Finite Lived Intangible and Indefinite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	132	127
Amortizable intangible assets, accumulated amortization	(97)	(86)
Finite-Lived Intangible Assets, Net	$ 35	$ 41

Intangible Assets, net and Goodwill - Intangible Asset Amortization Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 197	$ 207	$ 257
2022	246
2023	190
2024	147
2025	101
2026	$ 87

Intangible Assets, net and Goodwill - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 2,599	$ 2,519
Amortization of intangible assets	197	207	$ 257
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	158	$ 112
Intangible Assets, Amortization Period \| Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	109
Amortization of intangible assets	$ 10

Intangible Assets, net and Goodwill - Goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Goodwill
Balance at the beginning of the period	$ 2,730.0	$ 2,734.0
Acquired goodwill	191.0	7.0
Foreign currency adjustments	(29.0)	43.0
Balance at the end of the period	2,892.0	2,730.0	$ 2,734.0
Goodwill, Impairment Loss	$ 0.0	(54.0)	0.0
Minimum
Goodwill
Goodwill Fair Value Input Profit Margin	13.00%
Goodwill Fair Value Input Discount Rate	8.50%
Goodwill Fair Value Input Profit Margin	13.00%
Goodwill Fair Value Input Discount Rate	8.50%
Maximum
Goodwill
Goodwill Fair Value Input Profit Margin	23.00%
Goodwill Fair Value Input Discount Rate	10.00%
Goodwill Fair Value Input Profit Margin	23.00%
Goodwill Fair Value Input Discount Rate	10.00%
UK Gaming [Member]
Goodwill
Goodwill, Impairment Loss		(54.0)
Revenue Growth Estimate F Y2021 [Member] \| Minimum
Goodwill
Goodwill Fair Value Input Revenue Growth	9.00%
Goodwill Fair Value Input Revenue Growth	9.00%
Revenue Growth Estimate F Y2021 [Member] \| Maximum
Goodwill
Goodwill Fair Value Input Revenue Growth	20.00%
Goodwill Fair Value Input Revenue Growth	20.00%
Revenue Growth Estimate F Y2022 To F Y2027 [Member] \| Minimum
Goodwill
Goodwill Fair Value Input Revenue Growth	3.00%
Goodwill Fair Value Input Revenue Growth	3.00%
Revenue Growth Estimate F Y2022 To F Y2027 [Member] \| Maximum
Goodwill
Goodwill Fair Value Input Revenue Growth	5.00%
Goodwill Fair Value Input Revenue Growth	5.00%
Revenue Estimated Terminal Growth Rate [Member] \| Maximum
Goodwill
Goodwill Fair Value Input Revenue Growth	2.00%
Goodwill Fair Value Input Revenue Growth	2.00%
Measurement Input, Revenue Multiple [Member] \| Minimum
Goodwill
Goodwill Market Comparable Analysis Measurement Input	210.00%
Goodwill Market Comparable Analysis Measurement Input	210.00%
Measurement Input, Revenue Multiple [Member] \| Maximum
Goodwill
Goodwill Market Comparable Analysis Measurement Input	270.00%
Goodwill Market Comparable Analysis Measurement Input	270.00%
Measurement Input, EBITDA Multiple [Member] \| Minimum
Goodwill
Goodwill Market Comparable Analysis Measurement Input	570.00%
Goodwill Market Comparable Analysis Measurement Input	570.00%
Measurement Input, EBITDA Multiple [Member] \| Maximum
Goodwill
Goodwill Market Comparable Analysis Measurement Input	750.00%
Goodwill Market Comparable Analysis Measurement Input	750.00%
Gaming
Goodwill
Balance at the beginning of the period	$ 2,425.0	2,449.0
Acquired goodwill	0.0	0.0
Foreign currency adjustments	(20.0)	30.0
Balance at the end of the period	2,405.0	2,425.0	2,449.0
Goodwill, Impairment Loss		(54.0)
Accumulated goodwill impairment charges	989.0
SciPlay
Goodwill
Balance at the beginning of the period	124.0	115.0
Acquired goodwill	0.0	7.0
Foreign currency adjustments	2.0	2.0
Balance at the end of the period	126.0	124.0	115.0
Goodwill, Impairment Loss		0.0
iGaming
Goodwill
Balance at the beginning of the period	181.0	170.0
Acquired goodwill	191.0	0.0
Foreign currency adjustments	(11.0)	11.0
Balance at the end of the period	$ 361.0	181.0	$ 170.0
Goodwill, Impairment Loss		$ 0.0

Software, net - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Internal use software
Business Acquisition [Line Items]
Capitalized computer software, additions	$ 58	$ 59
Internal use software \| Minimum
Business Acquisition [Line Items]
Estimated economic life	2 years
Internal use software \| Maximum
Business Acquisition [Line Items]
Estimated economic life	10 years
External use software \| Minimum
Business Acquisition [Line Items]
Estimated economic life	8 years
External use software \| Maximum
Business Acquisition [Line Items]
Estimated economic life	10 years
Regulatory approval costs \| Minimum
Business Acquisition [Line Items]
Estimated economic life	2 years
Regulatory approval costs \| Maximum
Business Acquisition [Line Items]
Estimated economic life	4 years

Software, net - Summary of Software and Amortization (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Research and Development [Abstract]
Software	$ 996	$ 992
Accumulated amortization	(879)	(849)
Software, net	117	143
Capitalized computer software, amortization	$ 81	$ 97	$ 107

Accrued Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Accrued Liabilities, Current [Abstract]
Compensation and benefits	$ 122	$ 70
Accrued interest	84	86
Customer advances, deposits and funds held on behalf of customers	13	9
Contract liability	18	19
Taxes, other than income	17	20
Accrued licenses	29	28
Operating lease liabilities	16	16
Contingent acquisition consideration liabilities	3	1
Estimated Litigation Liability, Current	27	3
Other	115	91
Total	$ 444	$ 343

Leases - Schedule of Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued liabilities	Accrued liabilities
Operating Lease, Right-of-Use Asset	$ 51	$ 52
Operating lease liabilities	16	16
Operating Lease, Liability, Noncurrent	40	43
Total operating lease liabilities	56	59
Operating Lease, Payments	$ 19	$ 19
Weighted average remaining lease term, years	4 years	5 years
Weighted average discount rate	5.00%	5.00%

Leases - Additional Information and Maturity Schedule (Details) - USD ($) $ in Millions		12 Months Ended
	Jan. 01, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Operating Leased Assets [Line Items]
Lessee, Operating Lease, Renewal Term	5 years
Operating Lease, Option To Terminate, Term	1 year
Lease, Cost		$ 21.0	$ 23.0	$ 29.0
Employer matching contribution, percentage of match		6.00%
Contribution expense		$ 6.0	3.0	$ 7.0
Operating Lease, Liability		56.0	59.0
Future minimum lease payments required under leasing arrangements
2022		19.0
2023		15.0
2024		12.0
2025		9.0
2026		5.0
Thereafter		1.0
Less Imputed Interest		5.0
Operating Lease, Liability		$ 56.0	$ 59.0
Minimum
Operating Leased Assets [Line Items]
Lessee, Operating Lease, Term of Contract	1 year
Maximum
Operating Leased Assets [Line Items]
Lessee, Operating Lease, Term of Contract	10 years

Long-Term and Other Debt - Outstanding Debt (Details) € in Millions, $ in Millions		3 Months Ended								12 Months Ended
	Jul. 01, 2020 USD ($) Rate	Dec. 31, 2021 USD ($)	Sep. 30, 2021 USD ($)	Jun. 30, 2021 USD ($)	Mar. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Sep. 30, 2020 USD ($)	Jun. 30, 2020 USD ($)	Mar. 31, 2020 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Nov. 30, 2019 USD ($)	Nov. 26, 2019 USD ($)	Mar. 31, 2019 USD ($)	Mar. 19, 2019 USD ($)	Dec. 31, 2018 USD ($)	Feb. 28, 2018 USD ($)	Feb. 14, 2018 USD ($)	Feb. 14, 2018 EUR (€)
Debt Instrument [Line Items]
Face Value		$ 8,772								$ 8,772
Unamortized debt discount/premium and deferred financing costs, net		82								82
Total long-term debt outstanding		8,690				$ 9,303				8,690	$ 9,303
Less: current portion of long-term debt		(44)				(44)				(44)	(44)
Long-term debt, excluding current portion		8,646				9,259				8,646	9,259
Debt instrument, fair value		9,009								9,009
Gain (loss) on remeasurement of debt		$ 11	$ 12	$ (7)	$ 25	(25)	$ (24)	$ (12)	$ 10	41	(51)	$ 9
Loss on debt financing transactions										0	(1)	$ (100)
Total revenue recognized										21
Proceeds from Issuance of Debt	$ 543
Gross financing costs						8					8		$ 17		$ 16		$ 26
Senior Secured Notes, maturing 2025
Debt Instrument [Line Items]
Debt Instrument, interest rate, stated percentage																		2.946%
Senior Secured and Unsecured Notes, maturing 2026
Debt Instrument [Line Items]
Reduction in foreign currency exchange rates										$ 62
Senior Notes \| Senior Secured Notes, maturing 2025
Debt Instrument [Line Items]
Debt Instrument, interest rate, stated percentage		5.00%								5.00%								2.946%
Face Value		$ 1,250								$ 1,250
Unamortized debt discount/premium and deferred financing costs, net		10								10
Total long-term debt outstanding		$ 1,240				1,237				$ 1,240	1,237
Debt amount																		$ 460	$ 900	€ 250
Senior Notes \| Senior Secured Euro Notes, maturing 2026
Debt Instrument [Line Items]
Debt Instrument, interest rate, stated percentage		3.375%								3.375%
Face Value		$ 367								$ 367
Unamortized debt discount/premium and deferred financing costs, net		3								3
Total long-term debt outstanding		$ 364				395				$ 364	395
Debt amount \| €																				€ 325
Senior Notes \| Senior Unsecured Euro Notes, Maturing 2026
Debt Instrument [Line Items]
Debt Instrument, interest rate, stated percentage		5.50%								5.50%
Face Value		$ 283								$ 283
Unamortized debt discount/premium and deferred financing costs, net		3								3
Total long-term debt outstanding		$ 280				303				$ 280	303
Senior Notes \| Senior Unsecured Notes, Maturing 2026 [Member]
Debt Instrument [Line Items]
Debt Instrument, interest rate, stated percentage		8.25%								8.25%
Face Value		$ 1,100								$ 1,100
Unamortized debt discount/premium and deferred financing costs, net		10								10
Total long-term debt outstanding		$ 1,090				1,088				$ 1,090	1,088
Debt amount																$ 1,100
Senior Notes \| Senior Unsecured Notes, Maturing 2028 [Member]
Debt Instrument [Line Items]
Debt Instrument, interest rate, stated percentage		7.00%								7.00%
Face Value		$ 700								$ 700				$ 700
Unamortized debt discount/premium and deferred financing costs, net		8								8
Total long-term debt outstanding		$ 692				691				$ 692	691
Senior Notes \| Senior Unsecured Euro Notes, Maturing 2029 [Member] [Member]
Debt Instrument [Line Items]
Debt Instrument, interest rate, stated percentage		7.25%								7.25%
Face Value		$ 500								$ 500				$ 500
Unamortized debt discount/premium and deferred financing costs, net		6								6
Total long-term debt outstanding		$ 494				493				$ 494	493
Senior Notes \| Senior Unsecured Notes Maturing 2025 [Member]
Debt Instrument [Line Items]
Debt Instrument, interest rate, stated percentage	8.625%	8.625%								8.625%
Face Value	$ 550	$ 550								$ 550
Unamortized debt discount/premium and deferred financing costs, net		6								6
Total long-term debt outstanding		$ 544				542				$ 544	542
Capital Lease Obligations \| Other
Debt Instrument [Line Items]
Debt Instrument, interest rate, stated percentage		4.089%								4.089%
Face Value		$ 4								$ 4
Unamortized debt discount/premium and deferred financing costs, net		0								0
Total long-term debt outstanding		4				7				4	7
Revolving Credit Facility [Member] \| Secured Debt \| Senior Secured Revolver, maturing 2018
Debt Instrument [Line Items]
Face Value		0								0
Unamortized debt discount/premium and deferred financing costs, net		0								0
Total long-term debt outstanding		0				535				0	535
Revolving Credit Facility [Member] \| Secured Debt \| Senior Secured Term Loan B-5, maturing 2024
Debt Instrument [Line Items]
Face Value		4,018								4,018
Unamortized debt discount/premium and deferred financing costs, net		36								36
Total long-term debt outstanding		3,982				4,012				3,982	4,012
SciPlay Revolver, Maturing 2024 [Member] [Member] \| Secured Debt
Debt Instrument [Line Items]
Face Value		0								0
Unamortized debt discount/premium and deferred financing costs, net		0								0
Total long-term debt outstanding		$ 0				$ 0				$ 0	$ 0

Long-Term and Other Debt - Maturities of Debt (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Face Value	$ 8,772
Long-term Debt, Maturities, Repayments of Principal in Next Rolling Twelve Months	44
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Two	44
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Three	3,934
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Four	1,800
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Five	1,750
Long-term Debt, Maturities, Repayments of Principal in Rolling after Year Five	1,200
Unamortized deferred financing costs and discount/premium	82
Total long-term debt outstanding	8,690	$ 9,303
Capital Lease Obligations
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Two	2
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Three	2
Term Loan \| Secured Debt
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Two	42
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Three	42
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Four	3,934
Senior Secured Revolver, maturing 2018 \| Secured Debt
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Four	0
Senior Secured Notes, maturing 2025 \| Secured Debt
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Five	1,250
Senior Unsecured Notes Maturing 2025 [Member] \| Unsecured Debt
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Five	550
Senior Secured Euro Notes, maturing 2026 \| Secured Debt
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Five	367
Senior Unsecured Euro Notes, Maturing 2026 \| Unsecured Debt
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Five	283
Senior Unsecured Notes, Maturing 2026 [Member] \| Unsecured Debt
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Rolling Year Five	1,100
Senior Unsecured Notes, Maturing 2028 [Member] \| Unsecured Debt
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Rolling after Year Five	700
Senior Unsecured Euro Notes, Maturing 2029 [Member] [Member] \| Unsecured Debt
Debt Instrument [Line Items]
Long-term Debt, Maturities, Repayments of Principal in Rolling after Year Five	$ 500

Long-Term and Other Debt - Credit Facilities (Details) € in Millions, $ in Millions		12 Months Ended
	Feb. 28, 2022 USD ($)	Dec. 31, 2021 USD ($)	Feb. 28, 2018 USD ($)	Feb. 14, 2018 USD ($)	Feb. 14, 2018 EUR (€)
Subsequent Event
Debt Instrument [Line Items]
Payment for Debt Extinguishment or Debt Prepayment Cost	$ 150
The Credit Agreement [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 650
The Credit Agreement [Member] \| Revolving Credit Facility [Member] \| Letter of Credit [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		350
The Credit Agreement [Member] \| Term Loan
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 4,018
Senior Secured Notes, maturing 2025
Debt Instrument [Line Items]
Debt Instrument, interest rate, stated percentage			2.946%
Senior Secured Notes, maturing 2025 \| Senior Notes
Debt Instrument [Line Items]
Debt amount			$ 460	$ 900	€ 250
Debt Instrument, interest rate, stated percentage		5.00%	2.946%
Senior Secured Euro Notes, maturing 2026 \| Senior Notes
Debt Instrument [Line Items]
Debt amount \| €					€ 325
Debt Instrument, interest rate, stated percentage		3.375%
Senior Unsecured Euro Notes, maturing 2026 \| Senior Notes
Debt Instrument [Line Items]
Debt Instrument, interest rate, stated percentage		5.50%
Senior Secured Term Loan B-5, maturing 2024 \| Revolving Credit Facility [Member] \| Eurodollar [Member]
Debt Instrument [Line Items]
Margin spread on debt		3.00%
Senior Secured Term Loan B-5, maturing 2024 \| Revolving Credit Facility [Member] \| Base Rate
Debt Instrument [Line Items]
Margin spread on debt		2.00%
Senior Secured Term Loan B-5, maturing 2024 \| Term Loan \| Eurodollar [Member]
Debt Instrument [Line Items]
Margin spread on debt		2.75%
Senior Secured Term Loan B-5, maturing 2024 \| Term Loan \| Base Rate
Debt Instrument [Line Items]
Margin spread on debt		1.75%
Senior Secured Term Loan B-4, maturing 2024 \| Term Loan
Debt Instrument [Line Items]
Debt Instrument, Amortization Percentage		1.00%
Senior Secured Revolver, maturing 2018 \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Unused capacity, commitment fee percentage		0.50%
Line of Credit Facility, Unused Capacity, Commitment Fee, Step-down Percentage		0.375%

Long-Term and Other Debt - Notes (Details) € in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Jul. 01, 2020 USD ($)	Nov. 26, 2019 USD ($)	Feb. 28, 2018 USD ($)	Feb. 14, 2018 USD ($)	Feb. 14, 2018 EUR (€)
Debt Instrument [Line Items]
Repurchase of notes	$ 0	$ 341	$ 2,523
Gain on early extinguishment of debt	0	$ (1)	$ (100)
Face Value	8,772
Senior Notes \| Senior Secured Notes, maturing 2025
Debt Instrument [Line Items]
Debt amount						$ 460	$ 900	€ 250
Face Value	1,250
Senior Notes \| Senior Secured Euro Notes, maturing 2026
Debt Instrument [Line Items]
Debt amount \| €								€ 325
Face Value	367
Senior Notes \| Senior Unsecured Euro Notes, maturing 2026
Debt Instrument [Line Items]
Face Value	$ 283
Senior Notes \| Senior Subordinated Notes, Maturing 2020 [Member]
Debt Instrument [Line Items]
Face Value					$ 244
Senior Notes \| Senior Subordinated Notes, maturing 2021
Debt Instrument [Line Items]
Face Value				$ 341

Long-Term and Other Debt - Debt Issuance Costs (Details) - USD ($) $ in Millions	Dec. 31, 2020	Nov. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Debt Disclosure [Abstract]
Gross financing costs	$ 8	$ 17	$ 16	$ 26

Long-Term and Other Debt - Gain (Loss) on Debt Financing Transactions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Repurchase and cancellation of principal balance at premium	$ 0	$ 0	$ 80
Unamortized debt (premium) discount and deferred financing costs. net	0	0	20
Third party debt issuance fees	0	1	0
Loss on debt financing transactions	$ 0	$ 1	$ 100

Long-Term and Other Debt - Terms of Outstanding Debt (Details) € in Millions, $ in Millions	3 Months Ended	12 Months Ended
	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020	Nov. 26, 2019 USD ($)	Mar. 19, 2019 USD ($)	Feb. 28, 2018 USD ($)	Feb. 14, 2018 USD ($)	Feb. 14, 2018 EUR (€)
Debt Instrument [Line Items]
Face Value		$ 8,772
SciPlay \| Minimum
Debt Instrument [Line Items]
Debt Instrument, Restrictive Covenants, Total Net Leverage Ratio		2.50
SciPlay \| Maximum
Debt Instrument [Line Items]
Debt Instrument, Restrictive Covenants, Total Net Leverage Ratio		4.00
Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
First lien leverage ratio, period one maximum			5.00
Debt Instrument, Redemption, Period One \| SciPlay
Debt Instrument [Line Items]
First lien leverage ratio, period one maximum			2.50
Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
First lien leverage ratio, period one maximum			4.75
Debt Instrument, Redemption, Period Two \| SciPlay
Debt Instrument [Line Items]
First lien leverage ratio, period one maximum			4.00
Debt Instrument, Redemption, Period Three
Debt Instrument [Line Items]
First lien leverage ratio, period one maximum			4.50
Senior Secured Notes, maturing 2025 \| Senior Notes
Debt Instrument [Line Items]
Debt amount						$ 460	$ 900	€ 250
Face Value		$ 1,250
Senior Secured Euro Notes, maturing 2026 \| Senior Notes
Debt Instrument [Line Items]
Debt amount \| €								€ 325
Face Value		367
Senior Unsecured Euro Notes, Maturing 2026 \| Senior Notes
Debt Instrument [Line Items]
Face Value		283
Senior Unsecured Notes, Maturing 2026 [Member] \| Senior Notes
Debt Instrument [Line Items]
Debt amount					$ 1,100
Debt Instrument, Repurchased Face Amount					$ 1,000
Face Value		1,100
Senior Unsecured Notes, Maturing 2028 [Member] \| Senior Notes
Debt Instrument [Line Items]
Face Value		700		$ 700
Senior Unsecured Euro Notes, Maturing 2029 [Member] [Member] \| Senior Notes
Debt Instrument [Line Items]
Face Value		500		500
Senior Unsecured Notes, maturing 2022 \| Senior Notes
Debt Instrument [Line Items]
Face Value				1,200
Senior Subordinated Notes, Maturing 2020 [Member] \| Senior Notes
Debt Instrument [Line Items]
Face Value				$ 244
The Credit Agreement [Member] \| Term Loan
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		4,018
The Credit Agreement [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 650
Senior Secured Term Loan B-4, maturing 2024 \| Term Loan
Debt Instrument [Line Items]
Debt Instrument, Amortization Percentage		1.00%
Senior Secured Revolver, maturing 2018 \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Unused capacity, commitment fee percentage		0.50%
Line of Credit Facility, Unused Capacity, Commitment Fee, Step-down Percentage		0.375%
Revolving Credit Facility [Member] \| Senior Secured Credit Facility, Term Loan B-5, Maturing 2024 [Member] \| Secured Debt
Debt Instrument [Line Items]
Face Value		$ 4,018
Letter of Credit [Member] \| The Credit Agreement [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 350
Eurodollar [Member] \| Senior Secured Credit Facility, Term Loan B-5, Maturing 2024 [Member] \| Term Loan
Debt Instrument [Line Items]
Margin spread on debt		2.75%
Eurodollar [Member] \| Senior Secured Credit Facility, Term Loan B-5, Maturing 2024 [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Margin spread on debt		3.00%
Base Rate \| Senior Secured Credit Facility, Term Loan B-5, Maturing 2024 [Member] \| Term Loan
Debt Instrument [Line Items]
Margin spread on debt		1.75%
Base Rate \| Senior Secured Credit Facility, Term Loan B-5, Maturing 2024 [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Margin spread on debt		2.00%
IPO [Member] \| Revolving Credit Facility [Member] \| SciPlay Revolver, Maturing 2024 [Member] [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.50%
Debt Instrument, Leverage Ratio	0.375%
IPO [Member] \| Revolving Credit Facility [Member] \| SciPlay Revolver, Maturing 2024 [Member] [Member] \| Secured Debt
Debt Instrument [Line Items]
Debt amount		$ 150
IPO [Member] \| Letter of Credit [Member] \| SciPlay Revolver, Maturing 2024 [Member] [Member]
Debt Instrument [Line Items]
Letters of Credit Outstanding, Amount	$ 15
IPO [Member] \| Base Rate \| Revolving Credit Facility [Member] \| SciPlay Revolver, Maturing 2024 [Member] [Member]
Debt Instrument [Line Items]
Margin spread on debt	1.25%
IPO [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Revolving Credit Facility [Member] \| SciPlay Revolver, Maturing 2024 [Member] [Member]
Debt Instrument [Line Items]
Margin spread on debt	2.25%
IPO [Member] \| London Interbank Offered Rate (LIBOR), Leveraged Base Step Down [Member] \| Revolving Credit Facility [Member] \| SciPlay Revolver, Maturing 2024 [Member] [Member]
Debt Instrument [Line Items]
Margin spread on debt	0.25%
IPO [Member] \| London Interbank Offered Rate (LIBOR), Leveraged Base Step Up [Member] \| Revolving Credit Facility [Member] \| SciPlay Revolver, Maturing 2024 [Member] [Member]
Debt Instrument [Line Items]
Margin spread on debt	0.25%
IPO [Member] \| Base Rate, Step Down [Member] \| Revolving Credit Facility [Member] \| SciPlay Revolver, Maturing 2024 [Member] [Member]
Debt Instrument [Line Items]
Margin spread on debt	0.25%

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Feb. 28, 2018
Derivatives Fair Value
Contingent acquisition consideration liabilities	$ 51.0	$ 3.0
Contingent acquisition consideration fair value adjustment	$ (1.0)	0.0	$ 1.0
Cash Flow Hedging \| Designated as Hedging Instrument \| Interest rate swap
Derivatives Fair Value
Derivative, average fixed interest rate	2.4418%
Notional amounts of the forward contracts	$ 800.0
Senior Secured Notes, maturing 2025
Derivatives Fair Value
Debt Instrument, interest rate, stated percentage				2.946%
Senior Secured Notes, maturing 2025 \| Senior Notes
Derivatives Fair Value
Debt Instrument, interest rate, stated percentage	5.00%			2.946%
Senior Secured Notes, maturing 2025 \| Senior Notes \| Cross-currency interest rate swaps
Derivatives Fair Value
Debt converted in interest rate swap				$ 460.0
Senior Secured Euro Notes, maturing 2026 \| Net Investment Hedging \| Designated as Hedging Instrument
Derivatives Fair Value
Net investment non-derivative hedge	$ 204.0
Senior Secured Euro Notes, maturing 2026 \| Senior Notes
Derivatives Fair Value
Debt Instrument, interest rate, stated percentage	3.375%
Accrued Liabilities
Derivatives Fair Value
Contingent acquisition consideration liabilities	$ 3.0	$ 1.0

Fair Value Measurements - Gains (Losses) on Interest Rate Swaps (Details) - Interest rate swap - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net income (loss) attributable to SGC	$ 14	$ (6)	$ (11)
Interest expense recorded related to interest rate swap contracts	$ 19	$ 15	$ 1

Fair Value Measurements - Effect of Interest Rate Swap Contracts Designated as Cash Flow Hedges (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Total interest expense which reflects the effects of cash flow hedges		$ (478)	$ (503)	$ (589)
Hedged item		(20)
Derivative designated as hedging instrument		$ 1
Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Hedged item	$ (20)
Derivative designated as hedging instrument	$ 5

Fair Value Measurements - Schedule of Fair Value of Hedges (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other liabilities \| Interest rate swap
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative fair value	$ 3	$ 22
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, after Tax	19	(6)	$ (16)
Other assets \| Cross-currency interest rate swaps
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative fair value	42	14
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	$ 28	$ (27)	$ 23

Stockholders' Deficit - Stock Based Compensation Expense Under All Programs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 113	$ 56	$ 32
Deferred Compensation Share-based Arrangements, Liability, Current	34
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	31	8	4
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	75	26	19
Restricted Stock Units \| SciPlay
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 7	$ 22	$ 9

Stockholders' Deficit - Changes in Common Stock (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares outstanding as of beginning of period (in shares)	95	94
Shares issued as part of equity-based compensation plans and the ESPP, net of shares surrendered (in shares)	2	1
Shares outstanding as of end of period (in shares)	97	95

Stockholders' Deficit - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions				12 Months Ended
	Jul. 31, 2020	Jun. 19, 2017	Jan. 01, 2017	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Feb. 25, 2022	Jun. 30, 2021	Jan. 01, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised, Aggregate Intrinsic Value				$ 7.0	$ 6.0	$ 15.0
Cash received from exercise of stock options				$ 4.0
Subsequent Event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Repurchase Program, Authorized Amount							$ 750.0
2003 Incentive Compensation Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for awards under incentive compensation plan (in shares)				27,000,000
Shares available for grant (in shares)				5,000,000
Preexisting Incentive Compensation Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance (less than)				100,000
Employee Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for awards under incentive compensation plan (in shares)			2,000,000
Maximum employee subscription rate									15.00%
Discount from market price	15.00%
Shares issued (in shares)				40,000	80,000	100,000
Average price of shares issues (in usd per share)				$ 60.09	$ 19.55	$ 19.32
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period from first anniversary of grant			4 years
Award expiration period			10 years
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of RSUs granted (in usd per share)				$ 55.64	$ 13.75
Unrecognized stock-based compensation expense relating to unvested awards that will be amortized				$ 60.0
Weighted-average period of amortization				2 years
Fair value at vesting date				$ 87.5	$ 16.8	$ 22.0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number				2,700,000	3,300,000
Restricted Stock Units \| Discontinued Operations
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based compensation expense relating to unvested awards that will be amortized				$ 12.0
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based compensation expense relating to unvested awards that will be amortized				$ 9.0
Weighted-average period of amortization				1 year
Minimum \| Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period from first anniversary of grant			3 years
Maximum \| Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period from first anniversary of grant			4 years
Series A Junior Participating Preferred Stock \| Amended and Restated Rights Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred par value (in usd per share)		$ 0.001
Exercise price of rights (in usd per share)		$ 109.00
Preferred shares outstanding (in shares)				0
Common Class A [Member] \| SciPlay Corporation Long-Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for awards under incentive compensation plan (in shares)								6,500,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number								2,100,000
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price								$ 16.77
Preferred Share Purchase Right \| Series A Junior Participating Preferred Stock \| Amended and Restated Rights Agreement
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred dividend (in shares)		1
Preferred shares issued on exercise (in shares)				0

Stockholders' Deficit - Restricted Stock Units (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 113.0	$ 56.0	$ 32.0
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	75.0	26.0	19.0
Unrecognized stock-based compensation expense relating to unvested awards that will be amortized	$ 60.0
Weighted-average period of amortization	2 years
Fair value at vesting date	$ 87.5	$ 16.8	$ 22.0
Number of Restricted Stock Units (in shares) [Roll Forward]
Unvested units outstanding at the beginning of the period (in shares)	3.3
Number of RSUs granted (in shares)	1.2
Number of RSUs vested (in shares)	(1.6)
Number of RSUs cancelled (in shares)	(0.2)
Unvested units outstanding at the end of the period (in shares)	2.7	3.3
Weighted Average Grant Date Fair Value (in dollars per share) [Roll Forward]
Weighted average grant date fair value of unvested units outstanding at the beginning of the period (in usd per share)	$ 19.07
Fair value of RSUs granted (in usd per share)	55.64	$ 13.75
Fair value of RSUs vested (in usd per share)	24.70
Fair value of RSUs cancelled (in usd per share)	27.96
Weighted average grant date fair value of unvested units outstanding at the end of the period (in usd per share)	$ 32.03	19.07
Equity Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based compensation expense relating to unvested awards that will be amortized	$ 2.0
Weighted-average period of amortization	2 years
Weighted Average Grant Date Fair Value (in dollars per share) [Roll Forward]
Fair value of RSUs granted (in usd per share)	$ 74.16	$ 35.41	$ 22.25

Stockholders' Deficit Stock-Based Compensation (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Jun. 30, 2021
Class of Stock [Line Items]
Stock-based compensation	$ 113	$ 56	$ 32
SciPlay Corporation Long-Term Incentive Plan \| Common Class A [Member]
Class of Stock [Line Items]
Common stock reserved for awards under incentive compensation plan (in shares)				6.5
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number				2.1
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price				$ 16.77
Restricted Stock Units
Class of Stock [Line Items]
Stock-based compensation	$ 75	$ 26	19
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	2.7	3.3
Restricted Stock Units \| SciPlay
Class of Stock [Line Items]
Stock-based compensation	$ 7	$ 22	9
Stock Options
Class of Stock [Line Items]
Stock-based compensation	$ 31	$ 8	$ 4

Stockholders' Deficit - Stock Option Activity (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Number of Options
Options outstanding at beginning of period (in shares)	2.2
Granted (in shares)	0.0
Exercised (in shares)	0.2
Cancelled (in shares)	0.0
Options outstanding at end of period (in shares)	2.0	2.2
Options exercisable (in shares)	1.8
Options expected to vest (in shares)	0.2
Weighted Average Exercise Price (per share)
Options outstanding at beginning of period (in USD per share)	$ 32,890,000
Granted (in USD per share)	74,160,000
Exercised (in USD per share)	26,260,000
Cancelled (in USD per share)	41,130,000
Options outstanding at end of period (in USD per share)	33,590,000	$ 32,890,000
Options exercisable at end of period (in usd per share)	34,190,000
Options expected to vest (in USD per share)	$ 28,960,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Options outstanding, Weighted Average Remaining Contract Term (Years)	5 years 3 months 18 days	6 years 2 months 12 days
Options exercisable, Weighted Average Remaining Contractual Term (Years)	5 years 1 month 6 days
Options expected to vest, Weighted Average Remaining Contract Term (years)	7 years 3 months 18 days
Options outstanding at beginning of period, Aggregate Intrinsic Value	$ 20
Exercised, Aggregate Intrinsic Value	7	$ 6	$ 15
Options outstanding at end of period, Aggregate Intrinsic Value	68	$ 20
Options exercisable, Aggregate Intrinsic Value	59
Options expected to vest, Aggregate Intrinsic Value	$ 8

Stockholders' Deficit - Stock Options Valuation Assumptions (Details) - Stock Options	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	74.00%	75.00%	58.00%
Risk-free interest rate	0.96%	0.36%	2.46%
Dividend yield	0.00%	0.00%	0.00%
Expected life (in years)	6 years	6 years	6 years

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at the beginning of the period	$ (218)	$ (292)	$ (300)
Change during period	(43)	74	7
Reclassified into operations	0	0	1
Balance at the end of the period	(261)	(218)	(292)
Foreign Currency Items
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at the beginning of the period	(171)	(256)	(282)
Change during period	(74)	85	26
Reclassified into operations	0	0	0
Balance at the end of the period	(245)	(171)	(256)
Derivative Financial Instruments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at the beginning of the period	(17)	(11)	0
Change during period	14	(6)	(11)
Reclassified into operations	0	0	0
Balance at the end of the period	(3)	(17)	(11)
Other comprehensive income (loss), tax benefit (expense)	15	0	4
Unrecognized pension benefit costs, net of taxes
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at the beginning of the period	(30)	(25)	(18)
Change during period	17	(5)	(8)
Reclassified into operations	0	0	1
Balance at the end of the period	(13)	(30)	(25)
Other comprehensive income (loss), tax benefit (expense)	$ 5	$ 0	$ 1

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References + Details

- Definition

Amount of tax expense (benefit) allocated to other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 11
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123586238&loc=d3e39076-109324

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
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-Section 45
-Paragraph 17
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-Section 45
-Paragraph 2
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
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-Section 50
-Paragraph 4
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-Subparagraph (SX 210.5-03(21))
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
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-URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
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-URI http://asc.fasb.org/extlink&oid=124509347&loc=d3e640-108580

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Topic 944
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

+ Details

Income Taxes - Components of Income Before Tax and Benefit for Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Components of income (loss) before income taxes
United States			$ (309)	$ (631)	$ (361)
Foreign			15	(173)	(16)
Net loss from continuing operations before income taxes			(294)	(804)	(377)
Current
U.S. Federal			(58)	6	(47)
U.S. State			1	(1)	(7)
Foreign			10	6	14
Total			(47)	11	(40)
Deferred
U.S. Federal			(222)	(4)	(3)
U.S. State			(46)	(4)	(2)
Foreign			(3)	(6)	(2)
Total	$ 71	$ 181	(271)	(14)	(7)
Total income tax benefit			$ (318)	$ (3)	$ (47)

Income Taxes - Effective Income Tax Reconciliation (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of the U.S. federal statutory tax rate to the actual tax rate is as follows:
Statutory U.S. federal income tax rate	21.00%	21.00%	21.00%
Foreign earnings at rates different than U.S. federal rate	(2.90%)	0.30%	(0.60%)
Valuation allowance adjustments	86.30%	(17.10%)	(8.70%)
Effective Income Tax Rate Reconciliation, Adjustment Permanent Items, Percent	(0.50%)	(1.90%)	(3.00%)
Effective Income Tax Rate Reconciliation, Reduction of UTBs, Percent	0.00%	0.20%	1.70%
Effective Income Tax Rate Reconciliation, Goodwill Impairment, Percent	0.00%	(1.50%)	0.00%
Other	4.50%	(0.50%)	2.10%
Effective income tax rate	108.40%	0.50%	12.50%

Income Taxes - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
Income Taxes - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Valuation allowance
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	$ (253)	$ 138
Goodwill impairment	$ 0	$ 54	$ 0
Effective Income Tax Rate Reconciliation, Goodwill Impairment, Percent	0.00%	(1.50%)	0.00%
Other Income Tax Expense (Benefit), Continuing Operations			$ 50
UK Gaming [Member]
Valuation allowance
Goodwill impairment		$ 54

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Deferred tax assets:
Reserves and other accrued expenses	$ 99	$ 84
Net operating loss carry forwards	352	436
Tax credit carry forwards	48	42
Interest limitation carryforwards	66	20
Differences in financial reporting and tax basis for:
Other	70	51
Less: Valuation allowance	(60)	(298)
Realizable deferred tax assets	575	335
Differences in financial reporting and tax basis for:
Identifiable intangible assets	(190)	(217)
Property and equipment	(47)	(49)
Other	(24)	(9)
Total deferred tax liabilities	(261)	(275)
Deferred Tax Assets, Net	$ 314	$ 60

Income Taxes - Carryforwards (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Interest limitation carry forwards	$ 66	$ 20
R&D and state credit carry forwards	48	$ 42
Federal
Operating Loss Carryforwards [Line Items]
NOL carry forwards	1,240
Interest limitation carry forwards	240
R&D and state credit carry forwards	49
State
Operating Loss Carryforwards [Line Items]
NOL carry forwards	1,335
Interest limitation carry forwards	269
R&D and state credit carry forwards	1
Foreign
Operating Loss Carryforwards [Line Items]
NOL carry forwards	110
Interest limitation carry forwards	0
R&D and state credit carry forwards	$ 0

Income Taxes - Valuation Allowance (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Valuation allowance
Valuation allowance	$ 60	$ 298
Federal
Valuation allowance
Valuation allowance	15	223
State
Valuation allowance
Valuation allowance	22	53
Foreign
Valuation allowance
Valuation allowance	$ 23	$ 22

Income Taxes - Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Unrecognized Tax Benefits
Unrecognized tax benefits	$ 29	$ 30	$ 28
Unrecognized tax benefit, if recognized, would have an impact on effective tax rate	29
Activity for unrecognized tax benefits [Roll Forward]
Balance at beginning of period	30	28	34
Tax positions related to current year additions	0	1	1
Additions for tax positions of prior years	0	2	0
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions	(1)	0	0
Reductions due to lapse of statute of limitations on tax positions	0	(1)	(7)
Balance at end of period	$ 29	$ 30	$ 28

Litigation (Details) $ in Thousands, € in Millions, $ in Billions			1 Months Ended			12 Months Ended
	Nov. 23, 2021 USD ($)	Apr. 16, 2012 EUR (€)	Feb. 28, 2015 EUR (€)	May 31, 2013 USD ($)	May 31, 2013 COP ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Jun. 30, 1993 USD ($)
Litigation
Loss contingency accrual						$ 27,000	$ 3,000
Legal contingencies, liability range						14,000
Litigation settlement amount \| €			€ 25.0
Litigation Settlement, Expense \| €			€ 9.4
Third party erroneous winning jackpot face amount in excess of threshold \| €		€ 400.0
Third party loss \| €		€ 1.5
Settled Litigation
Litigation
Litigation settlement amount	$ 24,500
Ecosalud
Litigation
Litigation settlement amount				$ 30,200	$ 90
sciplay IPO matter
Litigation
Litigation Settlement, Expense						$ 8,275
Guarantee of business revenue
Litigation
Legal contingencies, liability range								$ 5,000
Performance guarantee
Litigation
Surety bond								$ 4,000

Selected Quarterly Financial Data, Unaudited (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended								12 Months Ended
	Aug. 31, 2021	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Total revenue		$ 580	$ 539	$ 581	$ 453	$ 480	$ 432	$ 308	$ 479	$ 2,153	$ 1,699	$ 2,388
Cost of revenues		170	153	159	127	163	152	138	157
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest		62	100	(51)	(88)	(143)	(187)	(254)	(216)	24	(801)	(330)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest		37	87	164	79	59	76	56	61	366	253	212
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest		99	187	113	(9)	(84)	(111)	(198)	(155)	$ 390	(548)	(118)
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest											21	12
Net Income (Loss) Attributable to Parent		$ 95	$ 182	$ 109	$ (15)	$ (90)	$ (117)	$ (203)	$ (159)		$ (569)	$ (130)
Income (Loss) from Continuing Operations, Per Basic Share		$ 0.60	$ 0.99	$ (0.58)	$ (0.98)	$ (1.57)	$ (2.03)	$ (2.74)	$ (2.34)	$ 0.06	$ (8.69)	$ (3.68)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share		0.38	0.90	1.71	0.82	0.62	0.80	0.59	0.65	3.80	2.67	2.28
Basic net (loss) income per share (in dollars per share)		0.98	1.89	1.13	(0.16)	(0.95)	(1.23)	(2.15)	(1.69)	3.86	(6.02)	(1.40)
Income (Loss) from Continuing Operations, Per Diluted Share		0.58	0.96	(0.58)	(0.98)	(1.57)	(2.03)	(2.74)	(2.34)	0.05	(8.69)	(3.68)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share		0.37	0.88	1.71	0.82	0.62	0.80	0.59	0.65	3.72	2.67	2.28
Earnings Per Share, Diluted		$ 0.95	$ 1.84	$ 1.13	$ (0.16)	$ (0.95)	$ (1.23)	$ (2.15)	$ (1.69)	$ 3.77	$ (6.02)	$ (1.40)
Basic shares (in shares)		97	96	96	95	95	95	95	95	96	95	93
Weighted Average Number of Shares Outstanding, Diluted (in shares)		100	99	96	95	95	95	95	95	98	95	93
Gain (loss) on remeasurement of debt		$ 11	$ 12	$ (7)	$ 25	$ (25)	$ (24)	$ (12)	$ 10	$ 41	$ (51)	$ 9
U.K. FOBT Value Added Tax Recovery Received				38	6					44
Deferred Income Tax Expense (Benefit)		71	181							(271)	(14)	(7)
Goodwill impairment										0	54	0
Allowance for Loan and Lease Losses, Period Increase (Decrease)						15	1	12	28	56	56
Inventory Write-down						4	15	21		12	48	9
UK Gaming [Member]
Business Acquisition [Line Items]
Goodwill impairment											54
Noncontrolling Interest
Business Acquisition [Line Items]
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest		$ 4	$ 5	$ 4	$ 6	$ 6	$ 6	$ 5	$ 4	$ 19	$ 21	$ 12
Sport Cast Pty Limited
Business Acquisition [Line Items]
Fair Value, Option, Changes in Fair Value, Gain (Loss)	$ 63

SCHEDULE II Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
SEC Schedule, 12-09, Allowance, Credit Loss
Allowance for valuation and qualifying accounts
Balance at Beginning of Period	$ 81	$ 31	$ 35
Additions	(2)	56	9
Deductions	25	12	13
Balance at End of Period	54	81	31
SEC Schedule, 12-09, Allowance, Credit Loss \| Cumulative Effect, Period of Adoption, Adjusted Balance
Allowance for valuation and qualifying accounts
Balance at Beginning of Period		37
Balance at End of Period			37
Tax-Related valuation allowance
Allowance for valuation and qualifying accounts
Balance at Beginning of Period	298	189	228
Additions		109
Deductions	238		39
Balance at End of Period	$ 60	$ 298	$ 189

Discontinued Operations and Disposal Groups (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income Tax Expense (Benefit)	$ (318)	$ (3)	$ (47)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	(366)	(253)	(212)
Disposal Group, Including Discontinued Operation, Assets, Current	497	553
Disposal Group, Including Discontinued Operation, Assets, Noncurrent	1,477	1,366
Liabilities of businesses held for sale	282	295
Operating Lease, Liability	56	59
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent	124	138
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Revenue	1,157	1,025	1,012
Disposal Group, Including Discontinued Operation, Costs of Goods Sold	587	550	538
Disposal Group, Including Discontinued Operation, Operating Expense	233	208	218
Disposal Group, Including Discontinued Operation, Operating Income (Loss)	337	267	256
Disposal Group, Including Discontinued Operation, Other Income	101		13
Disposal Group, Including Discontinued Operation, Other Expense		(7)
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	438	260	269
Income Tax Expense (Benefit)	(72)	(7)	(57)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	366	253	212
Employee Benefits and Share-based Compensation	24	5	5
Disposal Group, Including Discontinued Operation, Depreciation and Amortization	79	105	$ 105
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents	44	88
Restricted Cash, Current	22	72
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net	214	178
Disposal Group, Including Discontinued Operation, Inventory	94	72
Disposal Group, Including Discontinued Operation, Prepaid and Other Assets, Current	123	143
Disposal Group, Including Discontinued Operation, Assets, Current	497	553
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment	217	173
Disposal Group, Including Discontinued Operation, Intangible Assets	304	295
Disposal Group, Including Discontinued Operation, Goodwill	623	562
Equity Method Investments	251	262
Disposal Group, Including Discontinued Operation, Other Assets	82	74
Disposal Group, Including Discontinued Operation, Assets, Noncurrent	1,477	1,366
Disposal Group, Including Discontinued Operation, Assets	1,974	1,919
Disposal Group, Including Discontinued Operation, Accounts Payable	95	53
Disposal Group, Including Discontinued Operation, Accrued Liabilities	187	242
Liabilities of businesses held for sale	282	295
Operating Lease, Liability	34	34
Disposal Group, Including Discontinued Operation, Other Liabilities	90	104
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent	124	138
Disposal Group, Including Discontinued Operation, Liabilities	$ 406	$ 433