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Deferred Revenue
 12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Deferred Revenue Deferred Revenue
Deferred revenue consisted of the following:
December 31,
20202019
Current:
Domains$810.7 $752.7 
Hosting and presence574.8 526.7 
Business applications325.8 265.0 
$1,711.3 $1,544.4 
Noncurrent:
Domains$410.4 $382.2 
Hosting and presence218.1 187.2 
Business applications96.6 85.0 
$725.1 $654.4 
The increase in the deferred revenue balance is primarily driven by payments received in advance of satisfying our performance obligations, offset by $1,734.5 million of revenue recognized during 2020 that was included in the deferred revenue balance as of December 31, 2019. The deferred revenue balance as of December 31, 2020 represents our aggregate remaining performance obligations that will be recognized as revenue over the period in which the performance obligations are satisfied, and is expected to be recognized as revenue as follows:
20212022202320242025ThereafterTotal
Domains$810.7 $218.1 $84.2 $46.5 $25.5 $36.1 $1,221.1 
Hosting and presence574.8 141.6 40.3 15.5 6.1 14.6 792.9 
Business applications325.8 68.8 21.1 3.7 1.5 1.5 422.4 
$1,711.3 $428.5 $145.6 $65.7 $33.1 $52.2 $2,436.4