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Earnings per Share
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic earnings per share is calculated by dividing net income by the weighted average number of shares outstanding during the reported period. The calculation of diluted earnings per share is similar to basic earnings per share, except that the weighted average number of shares outstanding includes the dilution from potential shares resulting from stock options, restricted stock awards and other stock awards. The components of basic and diluted earnings per share are as follows:
 Three Months Ended
September 30,		Nine Months Ended September 30,
In millions, except per share amounts2022202120222021
Net income attributable to common stockholders$8 $17 $40 $114 
Weighted average outstanding shares of common stock102.7 108.9 103.7 108.9 
Dilutive effect of employee stock options, restricted stock and other stock awards2.0 4.5 2.7 4.2 
Common stock and common stock equivalents104.7 113.4 106.4 113.1 
Net income per share:
Basic$0.08 $0.16 $0.39 $1.05 
Diluted$0.08 $0.15 $0.38 $1.01 

Options to purchase 0.4 million shares and 0.4 million shares of common stock for the three and nine months ended September 30, 2022 and 0.2 million shares and 0.4 million shares of common stock for the three and nine months ended September 30, 2021 were not included in the computation of diluted earnings per share because the exercise prices of these options were greater than the average market price of the common shares for the period, and therefore would have been anti-dilutive.
Accelerated Share Repurchase Agreement ("ASR")
On February 9, 2022 Teradata entered into an ASR agreement with JPMorgan Chase Bank, National Association ("JPMorgan Chase") to purchase shares of its common stock from JPMorgan Chase for an aggregate purchase price of $250 million. Pursuant to the ASR, the Company received an initial delivery of 3,930,045 shares of common stock based on the $50.89 closing price of the common stock on February 8, 2022. A final delivery of 1,635,863 shares was received on May 6, 2022 to complete the ASR agreement.