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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2019
Revenue from Contract with Customer [Abstract]  
Contract with Customer, Asset and Liability [Table Text Block]
The following table summarizes our contract assets and contract liabilities (in millions):
 
June 30, 2019
 
December 31, 2018
Current contract assets
$
12.8

 
$
4.0

Current contract liabilities (deferred revenue)
$
46.2

 
$
56.9

Noncurrent contract liabilities (deferred revenue)
$
14.8

 
$
20.5

Significant changes in contract assets and liabilities during the period are as follows (in millions):
 
Contract Assets
 
Contract Liabilities
Balance as of December 31, 2018
$
4.0

 
$
77.4

Contract assets acquired and liabilities assumed in the Rowan Transaction
8.4

 
5.3

Revenue recognized in advance of right to bill customer
2.3

 

Increase due to cash received

 
34.3

Decrease due to amortization of deferred revenue that was included in the beginning contract liability balance

 
(40.2
)
Decrease due to amortization of deferred revenue that was added during the period

 
(15.8
)
Decrease due to transfer to receivables during the period
(1.9
)
 

Balance as of June 30, 2019
$
12.8

 
$
61.0


Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block] Expected future amortization of our contract liabilities and deferred costs recorded as of June 30, 2019 is set forth in the table below (in millions):
 
Remaining 2019
 
2020
 
2021
 
2022 and Thereafter
 
 Total
Amortization of contract liabilities
$
39.0

 
$
11.7

 
$
7.6

 
$
2.7

 
$
61.0

Amortization of deferred costs
$
39.7

 
$
13.3

 
$
2.8

 
$
1.4

 
$
57.2