XML 32 R21.htm IDEA: XBRL DOCUMENT v3.22.1
Revenue from Contracts with Customers (Tables)
3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents a disaggregation of revenue:
Three Months Ended March 31,
in millions20222021
Americas
Recurring $246 $218 
Perpetual software licenses, hardware and other12 
Consulting services32 38 
Total Americas290 263 
EMEA
Recurring89 101 
Perpetual software licenses, hardware and other11 13 
Consulting services29 33 
Total EMEA129 147 
APJ
Recurring51 53 
Perpetual software licenses, hardware and other
Consulting services23 25 
Total APJ77 81 
Total Revenue$496 $491 
Schedule of Rental Revenue
Rental revenue, which is included in recurring revenue in the above table, was as follows:
Three Months Ended March 31,
in millions20222021
Rental revenue* $50 $39 
*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 millionsMarch 31, 2022December 31, 2021
Accounts receivable, net330 $336 
Contract assets17 10 
Current deferred revenue580 552 
Long-term deferred revenue19 27 
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 March 31, 2022:
in millionsTotal at March 31, 2022Year 1Year 2 and Thereafter
Remaining unsatisfied obligations$2,281 $1,506 $775