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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Total revenue $ 774 $ 756
Operating expenses:    
Cost of revenue(2) 211 [1] 219 [2]
Selling, general and administrative 217 218
Research and development 65 62
Depreciation, amortization and impairments 91 86
Restructuring and other 20 6
Operating income 170 165
Other (expense) income:    
Interest expense (68) (75)
Loss on debt financing transactions (1) 0
Other income, net 4 10
Total other expense, net (65) (65)
Net income before income taxes 105 100
Income tax expense (23) (18)
Net income $ 82 $ 82
Basic and diluted net income per share:    
Basic $ 0.97 $ 0.91
Diluted $ 0.94 $ 0.88
Weighted average number of shares used in per share calculations:    
Basic shares 85 90
Diluted shares 87 92
Services    
Revenue:    
Total revenue $ 527 $ 517
Operating expenses:    
Cost of revenue(2) [3] 111 112
Products    
Revenue:    
Total revenue 247 239
Operating expenses:    
Cost of revenue(2) [3] $ 100 $ 107
[1] (2) Excludes D&A.
[2]
(5) AEBITDA is described in footnote (5) to the first table in this Note 3.
[3] (1) Excludes D&A.