XML 40 R27.htm IDEA: XBRL DOCUMENT
v3.21.2

Revenue from Contracts with Customers (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Revenue from Contract with Customer [Abstract] |
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block] | The following table summarizes our contract assets and contract liabilities (in millions):
| Successor |  |  | Predecessor
| June 30, 2021 |  |  | December 31, 2020
Current contract assets | $ | 3.1 |  |  |  | $ | 1.4 |
Noncurrent contract assets | $ | — |  |  |  | $ | .4 |
Current contract liabilities (deferred revenue) | $ | 35.2 |  |  |  | $ | 57.6 |
Noncurrent contract liabilities (deferred revenue) | $ | 10.2 |  |  |  | $ | 14.3 |
Changes in contract assets and liabilities during the period are as follows (in millions):
| Contract Assets |  | Contract Liabilities
Balance as of December 31, 2020 (Predecessor) | $ | 1.8 |  |  | $ | 71.9 |
Revenue recognized in advance of right to bill customer | 2.3 |  |  | — |
Increase due to cash received | — |  |  | 10.2 |
Decrease due to amortization of deferred revenue that was included in the beginning contract liability balance | — |  |  | (14.8) |
Decrease due to transfer to receivables during the period | (1.6) |  |  | — |
Fresh start accounting revaluation | (.3) |  |  | (31.6) |
Balance as of April 30, 2021 (Predecessor) | $ | 2.2 |  |  | $ | 35.7 |
Balance as of May 1, 2021 (Successor) | $ | 2.2 |  |  | $ | 35.7 |
Revenue recognized in advance of right to bill customer | .9 |  |  | — |
Increase due to cash received | — |  |  | 10.3 |
Decrease due to amortization of deferred revenue that was added during the period | — |  |  | (.6) |
Balance as of June 30, 2021 (Successor) | $ | 3.1 |  |  | $ | 45.4 |
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block] | Expected future amortization for the Successor of our contract liabilities and deferred costs recorded as of June 30, 2021 is set forth in the table below (in millions):
| Remaining 2021 |  | 2022 |  | 2023 |  | 2024 and Thereafter |  | Total
Amortization of contract liabilities | $ | 33.7 |  |  | $ | 11.0 |  |  | $ | .7 |  |  | $ | — |  |  | $ | 45.4 |
Amortization of deferred costs | $ | 14.0 |  |  | $ | 8.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 22.1 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration