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REVENUE | 3 Months Ended
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Mar. 31, 2022
Revenue from Contract with Customer [Abstract] |
REVENUE | REVENUE Disaggregation of Revenue The following tables disaggregate our revenue recognized by primary geographical market by our reportable business segments and by industry for SCS. Refer to Note 3, "Segment Reporting," for the disaggregation of our revenue by major products/service lines. Primary Geographical Markets
| Three months ended March 31, 2022
| FMS |  | SCS |  | DTS |  | Eliminations |  | Total
| (In thousands)
United States | $ | 1,388,043 |  |  | $ | 971,200 |  |  | $ | 424,948 |  |  | $ | (179,400) |  |  | $ | 2,604,791 |
Canada | 77,529 |  |  | 59,628 |  |  | — |  |  | (9,456) |  |  | 127,701 |
Europe (1) | 63,656 |  |  | — |  |  | — |  |  | — |  |  | 63,656 |
Mexico | — |  |  | 57,714 |  |  | — |  |  | — |  |  | 57,714 |
Total revenues | $ | 1,529,228 |  |  | $ | 1,088,542 |  |  | $ | 424,948 |  |  | $ | (188,856) |  |  | $ | 2,853,862 |
(1)Refer to Note 15, "Other Items Impacting Comparability," for further information on the exit of the FMS U.K. business.
| Three months ended March 31, 2021
| FMS |  | SCS |  | DTS |  | Eliminations |  | Total
| (In thousands)
United States | $ | 1,197,984 |  |  | $ | 601,298 |  |  | $ | 320,507 |  |  | $ | (136,727) |  |  | $ | 1,983,062 |
Canada | 70,413 |  |  | 56,088 |  |  | — |  |  | (4,343) |  |  | 122,158 |
Europe | 67,088 |  |  | — |  |  | — |  |  | — |  |  | 67,088 |
Mexico | — |  |  | 49,314 |  |  | — |  |  | — |  |  | 49,314 |
Total revenues | $ | 1,335,485 |  |  | $ | 706,700 |  |  | $ | 320,507 |  |  | $ | (141,070) |  |  | $ | 2,221,622 |
Industry Our SCS business segment included revenue from the below industries:
| Three months ended March 31,
| 2022 |  | 2021
| (In thousands)
Consumer packaged goods and retail | $ | 500,298 |  |  | $ | 273,224 |
Automotive | 354,237 |  |  | 271,555 |
Technology and healthcare | 121,322 |  |  | 97,085 |
Industrial and other | 112,685 |  |  | 64,836 |
Total SCS Revenues | $ | 1,088,542 |  |  | $ | 706,700 |
Lease & Related Maintenance and Rental Revenues The non-lease revenue from maintenance services related to our ChoiceLease product is recognized in "Lease & related maintenance and rental revenues" in the Condensed Consolidated Statements of Earnings. For the three months ended March 31, 2022 and 2021, we recognized $257 million and $250 million, respectively. Deferred Revenue The following table includes the changes in deferred revenue due to the collection and deferral of cash or the satisfaction of our performance obligation under the contract:
| Three months ended March 31,
| 2022 |  | 2021
| (In thousands)
Balance as of beginning of period | $ | 593,442 |  |  | $ | 629,739 |
Recognized as revenue during period from beginning balance | (59,659) |  |  | (59,031) |
Consideration deferred during period, net | 48,007 |  |  | 51,759 |
Foreign currency translation adjustment and other | (994) |  |  | 709 |
Balance as of end of period | $ | 580,796 |  |  | $ | 623,176 |
Contracted Not Recognized Revenue Revenue allocated to remaining performance obligations represents contracted revenue that has not yet been recognized (contracted not recognized revenue). Contracted not recognized revenue was $2.4 billion as of March 31, 2022, and primarily includes deferred revenue and amounts for full service ChoiceLease maintenance revenue that will be recognized as revenue in future periods as we provide maintenance services to our customers. Contracted not recognized revenue excludes (1) variable consideration as it is not included in the transaction price consideration allocated at contract inception, (2) revenues from the lease component of our ChoiceLease product and all the revenue from the commercial rental product, (3) revenues from contracts with an original duration of one year or less, including SelectCare contracts, and (4) revenue from SCS, DTS and other contracts where there are remaining performance obligations when we have the right to invoice but the revenue to be recognized in the future corresponds directly with the value delivered to the customer.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
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