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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total revenues $ 1,259.0 $ 1,138.1 $ 2,492.4 $ 2,311.7
Cost of revenues:        
Total cost of revenues 664.0 626.8 1,338.3 1,292.4
Gross profit 595.0 511.3 1,154.1 1,019.3
Operating expenses:        
Selling and marketing 97.7 84.3 189.7 175.7
Research and development 100.8 96.8 208.7 201.7
General and administrative 83.6 88.9 173.7 181.8
Total operating expenses 282.1 270.0 572.1 559.2
Operating income 312.9 241.3 582.0 460.1
Interest expense, net (51.0) (60.5) (102.4) (137.9)
Other income, net 6.5 19.0 24.5 3.7
Equity in earnings of unconsolidated affiliates, net (0.4) (1.0) (0.1) (0.3)
(Loss) gain on extinguishment of debt (1.5) 0.2 (1.8) (2.6)
Income before income taxes 266.5 199.0 502.2 323.0
Provision for income taxes 76.7 29.5 137.5 54.3
Net income $ 189.8 $ 169.5 $ 364.7 $ 268.7
Basic earnings per share $ 0.74 $ 0.66 $ 1.42 $ 1.05
Diluted earnings per share $ 0.71 $ 0.64 $ 1.36 $ 1.01
Basic weighted-average number of common shares outstanding 255.7 257.0 256.4 256.1
Diluted weighted-average number of common and common equivalent shares outstanding 267.6 265.8 267.8 265.7
Net income $ 189.8 $ 169.5 $ 364.7 $ 268.7
Other comprehensive income (loss), net of tax:        
Change in unrealized (loss) gain on interest rate swaps (0.2) (0.3) 0.3 (2.7)
Foreign currency exchange translation adjustment 1.9 34.1 10.3 (116.6)
Change in defined benefit pension obligation 0.1   0.1  
Total other comprehensive income (loss), net of tax 1.8 33.8 10.7 (119.3)
Comprehensive income 191.6 203.3 375.4 149.4
Software-enabled Services [Member]        
Revenues:        
Total revenues 1,057.1 945.0 2,100.5 1,934.5
Cost of revenues:        
Total cost of revenues 582.8 549.9 1,178.3 1,133.4
License, Maintenance and Related [Member]        
Revenues:        
Total revenues 201.9 193.1 391.9 377.2
Cost of revenues:        
Total cost of revenues $ 81.2 $ 76.9 $ 160.0 $ 159.0