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REVENUE
 6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Disaggregation of Revenue
The following tables disaggregate our revenue recognized by primary geographical market in our reportable business segments and by industry for SCS. Refer to Note 2, "Segment Reporting," for the disaggregation of our revenue by major products/service lines.

Primary Geographical Markets
Three months ended June 30, 2024
(In millions)FMSSCSDTSEliminationsTotal
United States$1,400 $1,185 $635 $(261)$2,959 
Canada78 70 — (11)137 
Mexico— 86 — — 86 
Total revenue$1,478 $1,341 $635 $(272)$3,182 


Three months ended June 30, 2023
(In millions)FMSSCSDTSEliminationsTotal
United States$1,381 $1,035 $440 $(185)$2,671 
Canada78 65 — (9)134 
Mexico— 79 — — 79 
Total revenue$1,459 $1,179 $440 $(194)$2,884 


Six months ended June 30, 2024
(In millions)FMSSCSDTSEliminationsTotal
United States$2,780 $2,335 $1,198 $(473)$5,840 
Canada153 141 — (22)272 
Mexico— 167 — — 167 
Total revenue$2,933 $2,643 $1,198 $(495)$6,279 
Six months ended June 30, 2023
(In millions)FMSSCSDTSEliminationsTotal
United States$2,807 $2,103 $894 $(381)$5,423 
Canada155 127 — (19)263 
Mexico— 150 — — 150 
Total revenue$2,962 $2,380 $894 $(400)$5,836 
Industry

Our SCS business segment included revenue from the following industries:

Three months ended June 30,Six months ended June 30,
(In millions)2024202320242023
Omnichannel retail$417 $405 $833 $858 
Automotive417 410 823 803 
Consumer packaged goods294 231 584 458 
Industrial and other213 133 403 261 
Total SCS revenue$1,341 $1,179 $2,643 $2,380 
Lease & Related Maintenance and Rental Revenue
The non-lease revenue from maintenance services related to our ChoiceLease product is recognized in "Lease & related maintenance and rental revenue" in the Condensed Consolidated Statements of Earnings. For the three months ended June 30, 2024 and 2023, we recognized $241 million and $239 million, respectively. For the six months ended June 30, 2024 and 2023, we recognized $484 million and $483 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:
Six months ended June 30,
(In millions)20242023
Balance as of beginning of period$545 $544 
Recognized as revenue during period from beginning balance(105)(93)
Consideration deferred during period, net131 96 
Foreign currency translation adjustment and other1 2 
Balance as of end of period$572 $549 
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 $3.0 billion as of June 30, 2024, and primarily includes deferred revenue and amounts for ChoiceLease maintenance revenue that will be recognized as revenue in future periods as we provide maintenance services to our customers.