Rackspace Technology, Inc.RXT
| Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 |
|---|
| Net loss | -246 | -218 | -805 |
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| Depreciation and amortization | 466 | 425 | 388 |
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| Amortization of operating right-of-use assets | 71 | 66 | 60 |
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| Deferred income taxes | -74 | -41 | -109 |
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| Share-based compensation expense | 75 | 75 | 70 |
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| Impairment of goodwill | - | 52 | 535 |
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| Impairment of assets | - | - | 146 |
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| Gain on sale of land | - | 20 | - |
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| Debt modification and extinguishment costs | -71 | -37 | - |
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| Unrealized (gain) loss on derivative contracts | 2 | -17 | -18 |
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| (Gain) loss on investments, net | - | - | -0 |
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| Accounts Receivable, Credit Loss Expense (Reversal) | 25 | -2 | 12 |
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| Amortization of Debt Issuance Costs and Discounts | 18 | 9 | 8 |
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| Non-cash fair value adjustments | - | - | 3 |
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| Other operating activities | 1 | 2 | 0 |
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| Accounts receivable | 156 | 70 | 82 |
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| Prepaid expenses and other current assets | 58 | -9 | 7 |
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| Increase (Decrease) in Accounts Payable and Accrued Liabilities | -7 | 88 | 70 |
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| Deferred revenue | 10 | 22 | -22 |
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| Operating lease liabilities | -58 | -61 | -65 |
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| Other non-current assets and liabilities | 16 | 18 | -27 |
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| Net cash provided by operating activities | 117 | 371 | 247 |
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| Purchases of property, equipment and software | 117 | 108 | 80 |
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| Acquisitions, net of cash acquired | 10 | - | 8 |
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| Proceeds from sale of land | - | 31 | - |
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| Proceeds from sales of investments | 1 | - | - |
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| Purchase of convertible promissory note | - | - | 15 |
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| Other investing activities | 3 | -8 | -5 |
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| Net cash used in investing activities | -128 | -69 | -98 |
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| Proceeds from Issuance of Common Stock | 658 | - | - |
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| Proceeds from Stock Plans | 31 | 61 | 4 |
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| Shares of common stock withheld for employee taxes | 2 | - | - |
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| Shares of common stock repurchased | - | - | 31 |
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| Proceeds from Issuance of Long-Term Debt | 860 | 2,839 | - |
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| Payments on long-term debt | 1,451 | 2,878 | 23 |
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| Payments for debt issuance costs | 9 | 35 | - |
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| Payments on financing component of interest rate swap | - | 13 | 17 |
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| Principal payments of finance lease liabilities | 24 | 51 | 67 |
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| Proceeds from financing obligations | 21 | - | - |
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| Principal payments of financing obligations | 54 | 56 | 49 |
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| Other financing activities | - | - | -3 |
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| Net cash provided by (used in) financing activities | 30 | -132 | -187 |
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| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 3 | -2 | -6 |
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| Increase (decrease) in cash, cash equivalents, and restricted cash | 21 | 167 | -44 |
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| Cash payments for interest, net of amount capitalized | 263 | 179 | 178 |
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| Income Taxes Paid, Net | 16 | 6 | 11 |
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| Capital Expenditures Acquired By Finance Leases | 94 | 60 | 37 |
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| Capital Expenditures Acquired By Financing Obligations | 28 | 45 | 7 |
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| Increase (Decrease) In Accrued Liabilities For Capital Expenditures | -13 | -11 | 18 |
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| Non-cash purchases of property, equipment and software | 108 | 95 | 61 |
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| Non-cash increase in buildings within property, equipment and software, net due to lease modification | 220 | - | - |
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| Other non-cash investing and financing activities | 2 | - | - |
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