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Revenues and Trade Accounts Receivable
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenues and Trade Accounts Receivable
Disaggregation of Revenues

The tables below present disaggregated revenues from contracts with clients by client location, service line and contract type for each of our reportable business segments. We believe this disaggregation best depicts how the nature, amount, timing and uncertainty of revenues and cash flows are affected by industry, market and other economic factors. Our consulting and technology services include consulting, application development, systems integration, quality engineering and assurance services as well as software solutions and related services while our outsourcing services include application maintenance, infrastructure and security as well as business process services. Revenues are attributed to geographic regions based upon client location, which is the client's billing address. Substantially all revenues in the North America region relate to clients in the United States.
Three Months Ended
June 30, 2025		Six Months Ended
June 30, 2025
(in millions)
HS
FS
P&R
CMT
TotalHSFSP&RCMTTotal
Revenues
Geography:
North America$1,298 $1,096 $918 $600 $3,912 $2,628 $2,139 $1,829 $1,170 $7,766 
United Kingdom51 159 148 124 482 100 312 285 242 939 
Continental Europe166 160 159 35 520 326 307 312 68 1,013 
Europe - Total217 319 307 159 1,002 426 619 597 310 1,952 
Rest of World 36 132 81 82 331 68 251 158 165 642 
Total$1,551 $1,547 $1,306 $841 $5,245 $3,122 $3,009 $2,584 $1,645 $10,360 
Service line:
Consulting and technology services$908 $1,099 $918 $464 $3,389 $1,778 $2,119 $1,805 $913 $6,615 
Outsourcing services643 448 388 377 1,856 1,344 890 779 732 3,745 
Total$1,551 $1,547 $1,306 $841 $5,245 $3,122 $3,009 $2,584 $1,645 $10,360 
Type of contract:
Time and materials$495 $812 $580 $454 $2,341 $976 $1,576 $1,136 $888 $4,576 
Fixed-price750 687 638 338 2,413 1,541 1,338 1,272 672 4,823 
Transaction or volume-based306 48 88 49 491 605 95 176 85 961 
Total$1,551 $1,547 $1,306 $841 $5,245 $3,122 $3,009 $2,584 $1,645 $10,360 
Three Months Ended
June 30, 2024		Six Months Ended
June 30, 2024
(in millions)
HS
FS
P&R
CMT
TotalHSFSP&RCMTTotal
Revenues
Geography:
North America$1,252 $1,039 $761 $568 $3,620 $2,461 $2,016 $1,534 $1,130 $7,141 
United Kingdom47 138 127 132 444 91 281 258 270 900 
Continental Europe135 150 148 37 470 270 301 293 89 953 
Europe - Total182 288 275 169 914 361 582 551 359 1,853 
Rest of World 27 120 90 79 316 55 234 174 153 616 
Total$1,461 $1,447 $1,126 $816 $4,850 $2,877 $2,832 $2,259 $1,642 $9,610 
Service line:
Consulting and technology services$863 $1,021 $728 $462 $3,074 $1,665 $1,974 $1,464 $926 $6,029 
Outsourcing services598 426 398 354 1,776 1,212 858 795 716 3,581 
Total$1,461 $1,447 $1,126 $816 $4,850 $2,877 $2,832 $2,259 $1,642 $9,610 
Type of contract:
Time and materials$497 $805 $447 $430 $2,179 $987 $1,588 $917 $897 $4,389 
Fixed-price703 597 594 339 2,233 1,373 1,153 1,176 667 4,369 
Transaction or volume-based261 45 85 47 438 517 91 166 78 852 
Total$1,461 $1,447 $1,126 $816 $4,850 $2,877 $2,832 $2,259 $1,642 $9,610 
Costs to Fulfill
The following table shows significant movements in the capitalized costs to fulfill for the six months ended June 30:
(in millions)20252024
Beginning balance$209 $245 
Costs capitalized20 35 
Amortization expense(40)(44)
Impairment charge(7)(2)
Ending balance$182 $234 
Costs to obtain contracts were immaterial for the periods disclosed.
Contract Balances
The table below shows significant movements in contract assets (current and noncurrent) for the six months ended June 30:
(in millions)20252024
Beginning balance$386 $316 
Revenues recognized during the period but not billed426 304 
Amounts reclassified to trade accounts receivable(323)(245)
Ending balance$489 $375 
The table below shows significant movements in the deferred revenue balances (current and noncurrent) for the six months ended June 30:
(in millions)20252024
Beginning balance$480 $427 
Amounts billed but not recognized as revenues332 300 
Revenues recognized related to the beginning balance of deferred revenue(338)(316)
Amounts acquired in business combinations— 9 
Ending balance$474 $420 
Revenues recognized during the six months ended June 30, 2025 for performance obligations satisfied or partially satisfied in previous periods were immaterial.
Remaining Performance Obligations
As of June 30, 2025, the aggregate amount of transaction price allocated to remaining performance obligations was $6,082 million, of which approximately 35% is expected to be recognized as revenues within 1 year, approximately 55% is expected to be recognized as revenues within 2 years and approximately 90% is expected to be recognized as revenues within 5 years. Disclosure is not required for performance obligations that meet any of the following criteria:
(1)contracts with a duration of one year or less as determined under ASC Topic 606: "Revenue from Contracts with Customers",
(2)contracts for which we recognize revenues based on the right to invoice for services performed,
(3)variable consideration allocated entirely to a wholly unsatisfied performance obligation or to a wholly unsatisfied promise to transfer a distinct good or service that forms part of a single performance obligation in accordance with ASC 606-10-25-14(b), for which the criteria in ASC 606-10-32-40 have been met, or
(4)variable consideration in the form of a sales-based or usage-based royalty promised in exchange for a license of intellectual property.
Many of our performance obligations meet one or more of these exemptions and therefore are not included in the remaining performance obligation amount disclosed above.
Trade Accounts Receivable and Allowance for Credit Losses
The following table presents the activity in the allowance for credit losses for trade accounts receivable for the six months ended June 30:
(in millions)20252024
Beginning balance$26 $32 
Credit loss expense (1)
5 5 
Write-offs charged against the allowance(5)(4)
Ending balance$26 $33 
(1)Reported in "Selling, general and administrative expenses" in our unaudited consolidated statements of operations.