XML 41 R30.htm IDEA: XBRL DOCUMENT v3.24.2.u1

Revenues from Contracts (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

See details in the table below:

			Three months ended June 30, 2024																											Three months ended June 30, 2023
Revenue stream			Application Software						Network Software						Technology Enabled Products						Total									Application Software						Network Software						Technology Enabled Products						Total
Software related
Recurring			$	700.2					$	263.1					$	6.2					$	969.5								$	587.2					$	258.3					$	4.2					$	849.7
Reoccurring			80.5						66.6						—						147.1									34.3						65.7						—						100.0
Non-recurring			151.1						34.5						—						185.6									148.8						34.1						0.4						183.3
Total Software Revenue			931.8						364.2						6.2						1,302.2									770.3						358.1						4.6						1,133.0
Product Revenue			—						—						414.6						414.6									—						—						398.2						398.2
Total Revenue			$	931.8					$	364.2					$	420.8					$	1,716.8								$	770.3					$	358.1					$	402.8					$	1,531.2

			Six months ended June 30, 2024																											Six months ended June 30, 2023
Revenue stream			Application Software						Network Software						Technology Enabled Products						Total									Application Software						Network Software						Technology Enabled Products						Total
Software related
Recurring			$	1,393.8					$	530.9					$	11.8					$	1,936.5								$	1,167.8					$	514.2					$	8.0					$	1,690.0
Reoccurring			134.1						135.2						—						269.3									69.7						129.9						—						199.6
Non-recurring			299.1						68.9						—						368.0									294.2						68.5						0.8						363.5
Total Software Revenue			1,827.0						735.0						11.8						2,573.8									1,531.7						712.6						8.8						2,253.1
Product Revenue			—						—						823.7						823.7									—						—						747.8						747.8
Total Revenue			$	1,827.0					$	735.0					$	835.5					$	3,397.5								$	1,531.7					$	712.6					$	756.6					$	3,000.9

Schedule of Contract Balances

Contract balances

Balance sheet account			June 30, 2024						December 31, 2023						Change
Unbilled receivables			$	123.8					$	106.4					$	17.4
Deferred revenue – current			(1,468.3)						(1,583.8)						115.5
Deferred revenue – non-current (1)			(132.8)						(130.7)						(2.1)
Net contract assets/(liabilities)			$	(1,477.3)					$	(1,608.1)					$	130.8

(1) The non-current portion of deferred revenue is included in “Other liabilities” in our Condensed Consolidated Balance Sheets.

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration