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Unearned Revenue | 9 Months Ended
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Sep. 30, 2024
Revenue Recognition and Deferred Revenue [Abstract] |
Unearned Revenue | Unearned Revenue The following table presents our unearned revenue disaggregated by customer type as of the respective periods:
(in thousands) | September 30, 2024 |  | December 31, 2023
Public | $ | 3,071,044 |  |  | $ | 2,892,255 |
Private | 813,102 |  |  | 704,421 |
Total | $ | 3,884,146 |  |  | $ | 3,596,676 |
All unearned revenue is in the Construction segment. Approximately $2.7 billion of the September 30, 2024 unearned revenue is expected to be recognized within the next twelve months and the remaining amount will be recognized thereafter.

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