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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents a disaggregation of revenue:
Three Months Ended June 30,Six Months Ended June 30,
in millions2021202020212020
Americas
Recurring $233 $204 $451 $400 
Perpetual software licenses, hardware and other13 11 20 
Consulting services37 42 75 83 
Total Americas274 259 537 503 
EMEA
Recurring86 75 187 148 
Perpetual software licenses, hardware and other20 21 
Consulting services35 35 68 67 
Total EMEA128 118 275 236 
APJ
Recurring57 44 110 86 
Perpetual software licenses, hardware and other
Consulting services26 32 51 59 
Total APJ89 80 170 152 
Total Revenue$491 $457 $982 $891 
Schedule of Rental Revenue
Rental revenue, which is included in recurring revenue in the above table, was as follows:
Three Months Ended June 30,Six Months Ended June 30,
in millions2021202020212020
Rental revenue* $48 $25 $87 $44 
*Rental revenue includes hardware maintenance.
Schedule of Assets and Liabilities Related to Contracts with Customers The following table provides information about receivables, contract assets and deferred revenue from contracts with customers:
As of
in millionsJune 30, 2021December 31, 2020
Accounts receivable, net299 $331 
Contract assets16 11 
Current deferred revenue544 499 
Long-term deferred revenue41 38 
Schedule of Estimated Revenue Expected to be Recognized in the Future
The following table includes estimated revenue expected to be recognized in the future related to the Company's unsatisfied (or partially satisfied) obligations at June 30, 2021:
in millionsTotal at June 30, 2021Year 1Year 2 and Thereafter
Remaining unsatisfied obligations$2,611 $1,542 $1,069