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Revenue from Contracts with Customers (Tables) | 3 Months Ended
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Mar. 31, 2025
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 millions | 2025 |  | 2024 | * |  |  |
United States |  |  |  |  |  |  |
Recurring | $ | 195 |  |  | $ | 222 |  |  |  |  |
Perpetual software licenses and hardware | 4 |  |  | 5 |  |  |  |  |
Consulting services | 15 |  |  | 21 |  |  |  |  |
Total United States | 214 |  |  | 248 |  |  |  |  |
International |  |  |  |  |  |  |
Recurring | $ | 163 |  |  | $ | 166 |  |  |  |  |
Perpetual software licenses and hardware | 6 |  |  | 3 |  |  |  |  |
Consulting services | 35 |  |  | 48 |  |  |  |  |
Total International | 204 |  |  | 217 |  |  |  |  |
Total Revenue | $ | 418 |  |  | $ | 465 |  |  |  |  |
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 millions |  | 2025 |  | 2024 |  |  |  |
Rental revenue* |  | $ | 49 |  |  | $ | 55 |  |  |  |  |
*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 millions | March 31, 2025 |  | December 31, 2024 |  |  |  |  |  |  |  |
Accounts receivable, net | $ | 307 |  |  | $ | 234 |  |  |  |  |  |  |  |  |
Contract assets | $ | 8 |  |  | $ | 4 |  |  |  |  |  |  |  |  |
Current deferred revenue | $ | 550 |  |  | $ | 512 |  |  |  |  |  |  |  |  |
Long-term deferred revenue | $ | 11 |  |  | $ | 10 |  |  |  |  |  |  |  |  |
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, 2025:
in millions |  | Total at March 31, 2025 |  | Year 1 |  | Year 2 and Thereafter
Remaining unsatisfied obligations |  | $ | 1,979 |  |  | $ | 1,128 |  |  | $ | 851 |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-6A + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 + Details
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