Quarterly report [Sections 13 or 15(d)]

ASSETS HELD FOR SALE

v3.25.2
ASSETS HELD FOR SALE
 6 Months Ended
Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
ASSETS HELD FOR SALE ASSETS HELD FOR SALE
As of June 30, 2025, we determined that there were three energy asset projects under construction that were considered to be assets held for sale, since these assets were being marketed for sale and all the criteria to be classified as held for sale under ASC 360, Property, Plant and Equipment—Impairment or Disposal of Long-Lived Assets, had been met. Assets held for sale are measured at the lower of their carrying value or the fair value less cost to sell. The carrying value of these assets was $1,741, with liabilities directly associated with assets classified as held for sale of $793 as of June 30, 2025.
Assets held for sale are measured at the lower of their carrying value or the fair value less cost to sell.
The table below reflects the assets and liabilities associated with assets held for sale by segment:
June 30, 2025 December 31, 2024
Balance Sheet Location North America Regions U.S. Federal Total North America Regions U.S. Federal Total
Other assets $ 721  $ 401  $ 1,122  $ 7,778  $ 401  $ 8,179 
Right-of-use assets, net 619  —  619  193  —  193 
Assets classified as held for sale $ 1,340  $ 401  $ 1,741  $ 7,971  $ 401  $ 8,372 
Accounts payable $ 157  $ —  $ 157  $ 482  $ —  $ 482 
Current portions of operating lease liabilities —  —  —  11  —  11 
Deferred revenue —  —  —  60  —  60 
Long-term operating lease liabilities, net of current portion 636  —  636  218  —  218 
Liabilities directly associated with assets classified as held for sale $ 793  $ —  $ 793  $ 771  $ —  $ 771