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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net revenues:    
Net revenues $ 868 $ 794
Cost of revenues:    
Cost of revenues 453 459
Gross profit 415 335
Research and development 70 72
Selling, general and administrative 170 174
Acquisition and integration costs 1 6
Restructuring 3 1
Fees and expenses related to amendments to the Term Loan Facility 3 0
Amortization of intangible assets 62 81
Income from operations 106 1
Interest income (6) (3)
Interest expense 87 85
Loss on extinguishment of debt 9 0
Other (income) expense, net (3) (2)
Income (loss) before income taxes 19 (79)
Provision (benefit) for income taxes 4 (37)
Net income (loss) 15 (42)
Other comprehensive income (loss), net of tax:    
Changes in value of financial instruments designated as cash flow hedges 32 (15)
Foreign currency translation adjustments (114) 45
Change in net investment hedge 20 (15)
Unrealized gain on investments 7 0
Net unrecognized pension gain (loss) 1 (2)
Total comprehensive loss $ (39) $ (29)
Net income (loss) per share:    
Basic $ 0.22 $ (0.64)
Diluted $ 0.22 $ (0.64)
Weighted average common shares outstanding:    
Basic 67.0 66.7
Diluted 67.4 66.7
Products [Member]    
Net revenues:    
Net revenues $ 754 $ 712
Cost of revenues:    
Cost of revenues 398 409
Services [Member]    
Net revenues:    
Net revenues 114 82
Cost of revenues:    
Cost of revenues $ 55 $ 50