Buggy python submission (verdict: Runtime Error):
import sys
input=sys.stdin.readline
sys.setrecursionlimit(10 ** 8)
from itertools import accumulate
from itertools import permutations
from itertools import combinations
from collections import defaultdict
from collections import Counter
import fractions
import math
from collections import deque
from bisect import bisect_left
from bisect import bisect_right
from bisect import insort_left
import itertools
from heapq import heapify
from heapq import heappop
from heapq import heappush
import heapq
from copy import deepcopy
from decimal import Decimal
alf = list("abcdefghijklmnopqrstuvwxyz")
ALF = list("ABCDEFGHIJKLMNOPQRSTUVWXYZ")
#import numpy as np
INF = float("inf")
#d = defaultdict(int)
#d = defaultdict(list)
N,M = map(int,input().split())
fac = [1, 1]
inv = [0, 1]
finv = [1, 1]
MOD = 10**9+7
fac = [1, 1]
inv = [0, 1]
finv = [1, 1]
for i in range(2, M+1):
    fac.append(fac[-1] * i % MOD)
    inv.append(MOD - inv[MOD%i] * (MOD//i) % MOD)
    finv.append(finv[-1] * inv[-1] % MOD) 
def comb_mod(n, r, m):  #nCr mod m
    if (n<0 or r<0 or n<r): return 0
    r = min(r, n-r)
    return fac[n] * finv[n-r] * finv[r] % m

def chofuku(n,r): # nHr mod MOD の計算
    return comb_mod(n+r-1,r)
 
def narabekae(n,r,m): #nPr mod m の計算
    return fac[n]*finv[n-r]%m
ans = 0
for i in range(1,N+1):
    if i % 2 == 1:
        flag = 1
    else:
        flag = -1
    s = flag*comb_mod(N,i,MOD)*nPr(M-i,N-i,MOD)
    ans += s
    if ans > MOD:
        ans %= MOD
ans1 = 1
for i in range(N):
    ans1 *= (M-i)
    ans1 %= MOD
ans2 = (ans1*ans1)%MOD
ans3 = (ans*nPr(M,N,MOD)) %MOD
print((ans2-ans3)%MOD)


Fixed submission:
import sys
input=sys.stdin.readline
sys.setrecursionlimit(10 ** 8)
from itertools import accumulate
from itertools import permutations
from itertools import combinations
from collections import defaultdict
from collections import Counter
import fractions
import math
from collections import deque
from bisect import bisect_left
from bisect import bisect_right
from bisect import insort_left
import itertools
from heapq import heapify
from heapq import heappop
from heapq import heappush
import heapq
from copy import deepcopy
from decimal import Decimal
alf = list("abcdefghijklmnopqrstuvwxyz")
ALF = list("ABCDEFGHIJKLMNOPQRSTUVWXYZ")
#import numpy as np
INF = float("inf")
#d = defaultdict(int)
#d = defaultdict(list)
N,M = map(int,input().split())
fac = [1, 1]
inv = [0, 1]
finv = [1, 1]
MOD = 10**9+7
for i in range(2, M+2):
    fac.append(fac[-1] * i % MOD)
    inv.append(MOD - inv[MOD%i] * (MOD//i) % MOD)
    finv.append(finv[-1] * inv[-1] % MOD) 
def comb_mod(n, r, m):  #nCr mod m
    if (n<0 or r<0 or n<r): return 0
    r = min(r, n-r)
    return fac[n] * finv[n-r] * finv[r] % m

def chofuku(n,r): # nHr mod MOD の計算
    return comb_mod(n+r-1,r)
 
def nPr(n,r,m): #nPr mod MOD の計算
    return fac[n]*finv[n-r]%m
ans = 0
for i in range(1,N+1):
    if i % 2 == 1:
        flag = 1
    else:
        flag = -1
    s = flag*comb_mod(N,i,MOD)*nPr(M-i,N-i,MOD)
    ans += s
    if ans > MOD:
        ans %= MOD
ans1 = 1
for i in range(N):
    ans1 *= (M-i)
    ans1 %= MOD
ans2 = (ans1*ans1)%MOD
ans3 = (ans*nPr(M,N,MOD)) %MOD
print((ans2-ans3)%MOD)