XML 41 R29.htm IDEA: XBRL DOCUMENT v3.24.3

Allowance for Expected Credit Losses (Tables)

9 Months Ended

Sep. 30, 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 nine months ended September 30, 2024 and 2023:

(Amounts in thousands)			Trade receivables						Contract assets
Beginning balance, January 1, 2024			$	80,013					$	4,993
Charges to cost and expenses, net of recoveries			11,431						(111)
Write-offs			(9,026)						(47)
Currency effects and other, net			(1,661)						(27)
Ending balance, September 30, 2024			$	80,757					$	4,808
Beginning balance, January 1, 2023			$	83,062					$	5,819
Charges to cost and expenses, net of recoveries			8,070						—
Write-offs			(7,709)						(1,406)
Currency effects and other, net			90						454
Ending balance, September 30, 2023			$	83,513					$	4,867

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, 2024 and 2023:

(Amounts in thousands)			Trade receivables						Contract assets
Beginning balance, January 1, 2024			$	80,013					$	4,993
Charges to cost and expenses, net of recoveries			11,431						(111)
Write-offs			(9,026)						(47)
Currency effects and other, net			(1,661)						(27)
Ending balance, September 30, 2024			$	80,757					$	4,808
Beginning balance, January 1, 2023			$	83,062					$	5,819
Charges to cost and expenses, net of recoveries			8,070						—
Write-offs			(7,709)						(1,406)
Currency effects and other, net			90						454
Ending balance, September 30, 2023			$	83,513					$	4,867

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, 2024 and 2023:

(Amounts in thousands)			2024						2023
Balance at January 1			$	66,864					$	66,377
Currency effects and other, net			(875)						502
Balance at September 30			$	65,989					$	66,879

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

+ Details

Name:	us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allowance for credit loss on right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

+ Details

Name:	us-gaap_ContractWithCustomerAssetAllowanceForCreditLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_CreditLossAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration