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Unearned Revenue

9 Months Ended

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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No definition available.

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