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Remaining Unsatisfied Performance Obligations | 9 Months Ended
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Sep. 30, 2019
Revenue from Contract with Customer [Abstract] |
Remaining Unsatisfied Performance Obligations | Remaining Unsatisfied Performance Obligations The company’s remaining unsatisfied performance obligations (“RUPO”) as of September 30, 2019 represent a measure of the total dollar value of work to be performed on contracts awarded and in progress. The company had $28 billion in RUPO as of September 30, 2019 associated with its continuing operations. The company estimates that its RUPO will be satisfied over the following periods:
(in millions) | September 30, 2019
Within 1 year | $ | 11,967 |
1 to 2 years | 10,116 |
Thereafter | 5,946 |
Total remaining unsatisfied performance obligations(1) | $ | 28,029 |
(1) Excludes $4 billion in RUPO associated with the company's discontinued operations. Although RUPO reflects business that is considered to be firm, cancellations, deferrals or scope adjustments may occur. RUPO is adjusted to reflect any known project cancellations, revisions to project scope and cost, foreign currency exchange fluctuations and project deferrals, as appropriate.

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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 + Details
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