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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue        
Revenue $ 417 $ 460 $ 1,343 $ 1,442
Cost of revenue        
Cost of revenue 158 185 525 550
Gross profit 259 275 818 892
Operating expenses        
Selling, general and administrative expenses 155 166 475 476
Research and development expenses 79 79 236 235
Total operating expenses 234 245 711 711
Income from operations 25 30 107 181
Other expense, net        
Interest expense (6) (6) (17) (20)
Interest income 4 1 9 4
Other expense (13) (6) (34) (15)
Total other expense, net (15) (11) (42) (31)
Income before income taxes 10 19 65 150
Income tax expense 2 2 25 36
Net income $ 8 $ 17 $ 40 $ 114
Net income per common share        
Basic (in dollars per share) $ 0.08 $ 0.16 $ 0.39 $ 1.05
Diluted (in dollars per share) $ 0.08 $ 0.15 $ 0.38 $ 1.01
Weighted average common shares outstanding        
Basic (in shares) 102.7 108.9 103.7 108.9
Diluted (in shares) 104.7 113.4 106.4 113.1
Total recurring        
Revenue        
Revenue $ 331 $ 352 $ 1,062 $ 1,100
Cost of revenue        
Cost of revenue 92 95 293 272
Subscription software licenses        
Revenue        
Revenue 59 64 217 238
Cost of revenue        
Cost of revenue 5 2 17 10
Services and other        
Revenue        
Revenue 272 288 845 862
Cost of revenue        
Cost of revenue 87 93 276 262
Perpetual software licenses, hardware and other        
Revenue        
Revenue 14 18 48 58
Cost of revenue        
Cost of revenue 10 12 34 34
Consulting services        
Revenue        
Revenue 72 90 233 284
Cost of revenue        
Cost of revenue $ 56 $ 78 $ 198 $ 244