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POS AM
EX-23.1
EX-FILING FEES
Tax Receivable Agreement (Tables)
12 Months Ended
Dec. 31, 2022
Receivables [Abstract]
Summary of Changes of Tax Receivable Liability
The following table summarizes the changes in the TRA liabilities (in millions):
Tax Receivable
Agreement Liability
Beginning balance as of December 31, 2021
$
581
Measurement period adjustment
(8
)
Fair value remeasurement
(41
)
Conversion of noncontrolling interest
43
Ending Balance as of December 31, 2022
575
Less: current portion included in other current liabilities
(7
)
Total long-term tax receivable agreement liability
$
568