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Allowance for Expected Credit Losses (Tables)
3 Months Ended
Mar. 31, 2024
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 three months ended March 31, 2024 and 2023:
(Amounts in thousands)
Accounts receivables
Short-term contract assets
Beginning balance, January 1, 2024$80,013 $4,993 
Charges to cost and expenses, net of recoveries4,316 — 
Write-offs(4,642)(10)
Currency effects and other, net(1,382)
Ending balance, March 31, 2024$78,305 $4,986 
Beginning balance, January 1, 2023
$83,062 $5,819 
Charges to cost and expenses, net of recoveries2,440 — 
Write-offs(4,325)— 
Currency effects and other, net1,340 (230)
Ending balance, March 31, 2023$82,517 $5,589 
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 three months ended March 31, 2024 and 2023:
(Amounts in thousands)
Accounts receivables
Short-term contract assets
Beginning balance, January 1, 2024$80,013 $4,993 
Charges to cost and expenses, net of recoveries4,316 — 
Write-offs(4,642)(10)
Currency effects and other, net(1,382)
Ending balance, March 31, 2024$78,305 $4,986 
Beginning balance, January 1, 2023
$83,062 $5,819 
Charges to cost and expenses, net of recoveries2,440 — 
Write-offs(4,325)— 
Currency effects and other, net1,340 (230)
Ending balance, March 31, 2023$82,517 $5,589 
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 three months ended March 31, 2024 and 2023:
(Amounts in thousands)20242023
Balance at January 1,$66,864 $66,377 
Currency effects and other, net(507)(802)
Balance at March 31,$66,357 $65,575