XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue        
Revenue $ 526 $ 526 $ 1,576 $ 1,530
Cost of revenue        
Cost of goods and services sold 262 276 839 813
Gross profit 264 250 737 717
Operating expenses        
Selling, general and administrative expenses 166 161 481 481
Research and development expenses 84 80 236 228
Total operating expenses 250 241 717 709
Income from operations 14 9 20 8
Interest expense (6) (4) (16) (11)
Interest income 4 3 11 8
Other expense (2) (2) (7) (4)
Total other expense, net (4) (3) (12) (7)
Income before income taxes 10 6 8 1
Income tax benefit (8) (7) (7) (6)
Net income $ 18 $ 13 $ 15 $ 7
Net income per weighted average common share        
Basic (in dollars per share) $ 0.15 $ 0.11 $ 0.13 $ 0.05
Diluted (in dollars per share) $ 0.15 $ 0.10 $ 0.12 $ 0.05
Weighted average common shares outstanding        
Basic (in shares) 118.7 123.7 119.9 127.3
Diluted (in shares) 120.7 125.8 121.8 129.1
Recurring        
Revenue        
Revenue $ 312 $ 292 $ 926 $ 846
Cost of revenue        
Cost of goods and services sold 93 84 271 223
Perpetual software licenses and hardware        
Revenue        
Revenue 77 90 243 271
Cost of revenue        
Cost of goods and services sold 43 51 164 169
Consulting services        
Revenue        
Revenue 137 144 407 413
Cost of revenue        
Cost of goods and services sold $ 126 $ 141 $ 404 $ 421