XML 41 R30.htm IDEA: XBRL DOCUMENT v3.23.3
Allowance for Expected Credit Losses (Tables)
 9 Months Ended
Sep. 30, 2023
Credit Loss [Abstract]  
Summary of Changes in Allowance for Expected Credit Losses for Trade Receivables
The following table presents the changes in the allowance for expected credit losses for our accounts receivable and short-term contract assets for the nine months ended September 30, 2023 and 2022:
(Amounts in thousands)Trade receivablesContract assets
Beginning balance, January 1, 2023$83,062 $5,819 
Charges to cost and expenses, net of recoveries8,070 — 
Write-offs(7,709)(1,406)
Currency effects and other, net90 454 
Ending balance, September 30, 2023$83,513 $4,867 
Beginning balance, January 1, 2022$74,336 $2,393 
Charges to cost and expenses, net of recoveries12,652 1,243 
Write-offs(792)— 
Currency effects and other, net(4,095)363 
Ending balance, September 30, 2022$82,101 $3,999 
Summary of Changes in Allowance for Expected Credit Losses for Contract Assets
The following table presents the changes in the allowance for expected credit losses for our accounts receivable and short-term contract assets for the nine months ended September 30, 2023 and 2022:
(Amounts in thousands)Trade receivablesContract assets
Beginning balance, January 1, 2023$83,062 $5,819 
Charges to cost and expenses, net of recoveries8,070 — 
Write-offs(7,709)(1,406)
Currency effects and other, net90 454 
Ending balance, September 30, 2023$83,513 $4,867 
Beginning balance, January 1, 2022$74,336 $2,393 
Charges to cost and expenses, net of recoveries12,652 1,243 
Write-offs(792)— 
Currency effects and other, net(4,095)363 
Ending balance, September 30, 2022$82,101 $3,999 
Summary of Changes in Allowance for Expected Credit Losses for Long-term Receivables The following table presents the changes in the allowance for long-term receivables for the nine months ended September 30, 2023 and 2022:
(Amounts in thousands)20232022
Balance at January 1$66,377 $67,696 
Currency effects and other, net502 (1,486)
Balance at September 30$66,879 $66,210