XML 41 R24.htm IDEA: XBRL DOCUMENT v3.25.1
Revenue from Contracts with Customers (Tables)
3 Months Ended
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 millions20252024*
United States
Recurring$195 $222 
Perpetual software licenses and hardware
Consulting services15 21 
Total United States214 248 
International
Recurring$163 $166 
Perpetual software licenses and hardware
Consulting services35 48 
Total International204 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 millions20252024
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 millionsMarch 31, 2025December 31, 2024
Accounts receivable, net$307 $234 
Contract assets$$
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 millionsTotal at March 31, 2025Year 1Year 2 and Thereafter
Remaining unsatisfied obligations$1,979 $1,128 $851