XML 30 R21.htm IDEA: XBRL DOCUMENT v3.22.2
Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2022
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 millions2022202120222021
Americas
Recurring $215 $233 $461 $451 
Perpetual software licenses, hardware and other15 11 
Consulting services31 37 63 75 
Total Americas249 274 539 537 
EMEA
Recurring75 86 164 187 
Perpetual software licenses, hardware and other14 20 
Consulting services25 35 54 68 
Total EMEA103 128 232 275 
APJ
Recurring55 57 106 110 
Perpetual software licenses, hardware and other
Consulting services21 26 44 51 
Total APJ78 89 155 170 
Total Revenue$430 $491 $926 $982 
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 millions2022202120222021
Rental revenue* $45 $48 $95 $87 
*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, 2022December 31, 2021
Accounts receivable, net266 $336 
Contract assets15 10 
Current deferred revenue530 552 
Long-term deferred revenue11 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 June 30, 2022:
in millionsTotal at June 30, 2022Year 1Year 2 and Thereafter
Remaining unsatisfied obligations$2,087 $1,373 $714