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Revenue from Contracts with Customers (Tables)
 6 Months Ended
Jun. 30, 2023
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 millions2023202220232022
Americas
Recurring $230 $215 $486 $461 
Perpetual software licenses, hardware and other3 3 8 15 
Consulting services35 31 66 63 
Total Americas268 249 560 539 
EMEA
Recurring89 75 176 164 
Perpetual software licenses, hardware and other5 3 12 14 
Consulting services24 25 47 54 
Total EMEA118 103 235 232 
APJ
Recurring52 55 98 106 
Perpetual software licenses, hardware and other5 2 6 5 
Consulting services19 21 39 44 
Total APJ76 78 143 155 
Total Revenue$462 $430 $938 $926 
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 millions2023202220232022
Rental revenue* $56 $45 $107 $95 
*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, 2023December 31, 2022
Accounts receivable, net$265 $364 
Contract assets$13 $7 
Current deferred revenue$526 $589 
Long-term deferred revenue$7 $8 
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, 2023:
in millionsTotal at June 30, 2023Year 1Year 2 and Thereafter
Remaining unsatisfied obligations$2,307 $1,390 $917