XML 19 R6.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Condensed Consolidated Statements of Cash Flows [Abstract]    
Cash and Cash Equivalents at Beginning of Period $ 292 $ 262
Cash Flows from Operating Activities:    
Net Income 91 35
Adjustments to reconcile net income to net cash provided from operating activities:    
Depreciation and amortization expense 18 17
Deferred income tax benefit (8) (6)
Stock-based compensation expense 13 12
Restructuring charges 1 12
Payments for restructuring charges (2) (1)
Other 3 (1)
Changes in working capital:    
Receivables (1) 1
Prepaid expenses and other current assets (9) (13)
Accounts payable (2) 30
Deferred revenue (13) (30)
Accrued liabilities 5 29
Current income taxes 15 9
Net Cash Provided from Operating Activities 112 94
Cash Flows from Investing Activities:    
Purchases of property and equipment (15) (19)
Net Cash Used for Investing Activities (15) (19)
Cash Flows from Financing Activities:    
Repayments of debt (8) (8)
Repurchase of common stock (34) (59)
Other financing activities (2) (2)
Net Cash Used for Financing Activities (44) (69)
Cash Increase During the Period 52 6
Cash and Cash Equivalents at End of Period $ 344 $ 269