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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue    
Revenue $ 491 $ 434
Cost of revenue    
Cost of revenue 184 209
Gross profit 307 225
Operating expenses    
Selling, general and administrative expenses 149 158
Research and development expenses 77 73
Total operating expenses 226 231
Income (loss) from operations 81 (6)
Other expense, net    
Interest expense (7) (7)
Interest income 1 2
Other expense (3) (3)
Total other expense, net (9) (8)
Income (loss) before income taxes 72 (14)
Income tax expense (benefit) 19 (182)
Net income $ 53 $ 168
Net income per common share    
Basic (in dollars per share) $ 0.49 $ 1.52
Diluted (in dollars per share) $ 0.47 $ 1.51
Weighted average common shares outstanding    
Basic (in shares) 108.7 110.3
Diluted (in shares) 112.8 111.3
Total recurring    
Revenue    
Revenue $ 372 $ 311
Cost of revenue    
Cost of revenue 90 93
Subscription software licenses    
Revenue    
Revenue 93 48
Cost of revenue    
Cost of revenue 4 8
Services and other    
Revenue    
Revenue 279 263
Cost of revenue    
Cost of revenue 86 85
Perpetual software licenses, hardware and other    
Revenue    
Revenue 23 23
Cost of revenue    
Cost of revenue 11 15
Consulting services    
Revenue    
Revenue 96 100
Cost of revenue    
Cost of revenue $ 83 $ 101