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Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue        
Revenue $ 491 $ 457 $ 982 $ 891
Cost of revenue        
Cost of revenue 181 201 365 410
Gross profit 310 256 617 481
Operating expenses        
Selling, general and administrative expenses 161 165 310 323
Research and development expenses 79 83 156 156
Total operating expenses 240 248 466 479
Income from operations 70 8 151 2
Other expense, net        
Interest expense (7) (7) (14) (14)
Interest income 2 1 3 3
Other expense (6) (5) (9) (8)
Total other expense, net (11) (11) (20) (19)
Income (loss) before income taxes 59 (3) 131 (17)
Income tax expense (benefit) 15 40 34 (142)
Net income (loss) $ 44 $ (43) $ 97 $ 125
Net income (loss) per common share        
Basic (in dollars per share) $ 0.40 $ (0.40) $ 0.89 $ 1.14
Diluted (in dollars per share) $ 0.39 $ (0.40) $ 0.86 $ 1.13
Weighted average common shares outstanding        
Basic (in shares) 109.0 108.5 108.9 109.4
Diluted (in shares) 112.7 108.5 112.7 110.6
Total recurring        
Revenue        
Revenue $ 376 $ 323 $ 748 $ 634
Cost of revenue        
Cost of revenue 87 89 177 182
Subscription software licenses        
Revenue        
Revenue 81 55 174 103
Cost of revenue        
Cost of revenue 4 7 8 15
Services and other        
Revenue        
Revenue 295 268 574 531
Cost of revenue        
Cost of revenue 83 82 169 167
Perpetual software licenses, hardware and other        
Revenue        
Revenue 17 25 40 48
Cost of revenue        
Cost of revenue 11 18 22 33
Consulting services        
Revenue        
Revenue 98 109 194 209
Cost of revenue        
Cost of revenue $ 83 $ 94 $ 166 $ 195