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Revenue | 9 Months Ended
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Sep. 30, 2020
Revenue from Contract with Customer [Abstract] |
Revenue | Revenue Disaggregated Revenue The following tables disaggregate our revenue by source and timing of recognition:
| Three Months Ended September 30, 2020
| Global Ecommerce | Presort Services | SendTech Solutions | Revenue from products and services | Revenue from leasing transactions and financing | Total consolidated revenue
Major products/service lines |  |  |  |  |  |
Business services | $ | 409,981 |  | $ | 127,705 |  | $ | 13,268 |  | $ | 550,954 |  | $ | — |  | $ | 550,954 |
Support services | — |  | — |  | 117,519 |  | 117,519 |  | — |  | 117,519 |
Financing | — |  | — |  | — |  | — |  | 86,218 |  | 86,218 |
Equipment sales | — |  | — |  | 17,935 |  | 17,935 |  | 61,637 |  | 79,572 |
Supplies | — |  | — |  | 39,635 |  | 39,635 |  | — |  | 39,635 |
Rentals | — |  | — |  | — |  | — |  | 18,000 |  | 18,000 |
Subtotal | 409,981 |  | 127,705 |  | 188,357 |  | 726,043 |  | $ | 165,855 |  | $ | 891,898 |
Revenue from leasing transactions and financing |  |  |  |  |  |
Financing | — |  | — |  | 86,218 |  | 86,218 |  |  |
Equipment sales | — |  | — |  | 61,637 |  | 61,637 |  |  |
Rentals | — |  | — |  | 18,000 |  | 18,000 |  |  |
Total revenue | $ | 409,981 |  | $ | 127,705 |  | $ | 354,212 |  | $ | 891,898 |  |  |
Timing of revenue recognition from products and services |  |  |  |
Products/services transferred at a point in time | $ | — |  | $ | — |  | $ | 73,602 |  | $ | 73,602 |  |  |
Products/services transferred over time | 409,981 |  | 127,705 |  | 114,755 |  | 652,441 |  |  |
Total | $ | 409,981 |  | $ | 127,705 |  | $ | 188,357 |  | $ | 726,043 |  |  |
| Three Months Ended September 30, 2019
| Global Ecommerce | Presort Services | SendTech Solutions | Revenue from products and services | Revenue from leasing transactions and financing | Total consolidated revenue
Major products/service lines |  |  |  |  |  |
Business services | $ | 278,995 |  | $ | 131,483 |  | $ | 8,623 |  | $ | 419,101 |  | $ | — |  | $ | 419,101 |
Support services | — |  | — |  | 126,274 |  | 126,274 |  | — |  | 126,274 |
Financing | — |  | — |  | — |  | — |  | 90,577 |  | 90,577 |
Equipment sales | — |  | — |  | 19,062 |  | 19,062 |  | 70,556 |  | 89,618 |
Supplies | — |  | — |  | 44,818 |  | 44,818 |  | — |  | 44,818 |
Rentals | — |  | — |  | — |  | — |  | 19,737 |  | 19,737 |
Subtotal | 278,995 |  | 131,483 |  | 198,777 |  | 609,255 |  | $ | 180,870 |  | $ | 790,125 |
Revenue from leasing transactions and financing |  |  |  |  |  |
Financing | — |  | — |  | 90,577 |  | 90,577 |  |  |
Equipment sales | — |  | — |  | 70,556 |  | 70,556 |  |  |
Rentals | — |  | — |  | 19,737 |  | 19,737 |  |  |
Total revenue | $ | 278,995 |  | $ | 131,483 |  | $ | 379,647 |  | $ | 790,125 |  |  |
Timing of revenue recognition from products and services |  |  |  |
Products/services transferred at a point in time | $ | — |  | $ | — |  | $ | 81,547 |  | $ | 81,547 |  |  |
Products/services transferred over time | 278,995 |  | 131,483 |  | 117,230 |  | 527,708 |  |  |
Total | $ | 278,995 |  | $ | 131,483 |  | $ | 198,777 |  | $ | 609,255 |  |  |
| Nine Months Ended September 30, 2020
| Global Ecommerce | Presort Services | SendTech Solutions | Revenue from products and services | Revenue from leasing transactions and financing | Total consolidated revenue
Major products/service lines |  |  |  |  |  |
Business services | $ | 1,100,757 |  | $ | 386,552 |  | $ | 37,014 |  | $ | 1,524,323 |  | $ | — |  | $ | 1,524,323 |
Support services | — |  | — |  | 353,320 |  | 353,320 |  | — |  | 353,320 |
Financing | — |  | — |  | — |  | — |  | 260,758 |  | 260,758 |
Equipment sales | — |  | — |  | 49,556 |  | 49,556 |  | 164,126 |  | 213,682 |
Supplies | — |  | — |  | 118,117 |  | 118,117 |  | — |  | 118,117 |
Rentals | — |  | — |  | — |  | — |  | 55,458 |  | 55,458 |
Subtotal | 1,100,757 |  | 386,552 |  | 558,007 |  | 2,045,316 |  | $ | 480,342 |  | $ | 2,525,658 |
Revenue from leasing transactions and financing |  |  |  |  |  |
Financing | — |  | — |  | 260,758 |  | 260,758 |  |  |
Equipment sales | — |  | — |  | 164,126 |  | 164,126 |  |  |
Rentals | — |  | — |  | 55,458 |  | 55,458 |  |  |
Total revenue | $ | 1,100,757 |  | $ | 386,552 |  | $ | 1,038,349 |  | $ | 2,525,658 |  |  |
Timing of revenue recognition from products and services |  |  |  |
Products/services transferred at a point in time | $ | — |  | $ | — |  | $ | 210,726 |  | $ | 210,726 |  |  |
Products/services transferred over time | 1,100,757 |  | 386,552 |  | 347,281 |  | 1,834,590 |  |  |
Total | $ | 1,100,757 |  | $ | 386,552 |  | $ | 558,007 |  | $ | 2,045,316 |  |  |
| Nine Months Ended September 30, 2019
| Global Ecommerce | Presort Services | SendTech Solutions | Revenue from products and services | Revenue from leasing transactions and financing | Total consolidated revenue
Major products/service lines |  |  |  |  |  |
Business services | $ | 827,568 |  | $ | 394,468 |  | $ | 21,573 |  | $ | 1,243,609 |  | $ | — |  | $ | 1,243,609 |
Support services | — |  | — |  | 382,578 |  | 382,578 |  | — |  | 382,578 |
Financing | — |  | — |  | — |  | — |  | 280,039 |  | 280,039 |
Equipment sales | — |  | — |  | 59,739 |  | 59,739 |  | 205,217 |  | 264,956 |
Supplies | — |  | — |  | 142,261 |  | 142,261 |  | — |  | 142,261 |
Rentals | — |  | — |  | — |  | — |  | 60,339 |  | 60,339 |
Subtotal | 827,568 |  | 394,468 |  | 606,151 |  | 1,828,187 |  | $ | 545,595 |  | $ | 2,373,782 |
Revenue from leasing transactions and financing |  |  |  |  |  |
Financing | — |  | — |  | 280,039 |  | 280,039 |  |  |
Equipment sales | — |  | — |  | 205,217 |  | 205,217 |  |  |
Rentals | — |  | — |  | 60,339 |  | 60,339 |  |  |
Total revenue | $ | 827,568 |  | $ | 394,468 |  | $ | 1,151,746 |  | $ | 2,373,782 |  |  |
Timing of revenue recognition from products and services |  |  |  |
Products/services transferred at a point in time | $ | — |  | $ | — |  | $ | 251,214 |  | $ | 251,214 |  |  |
Products/services transferred over time | 827,568 |  | 394,468 |  | 354,937 |  | 1,576,973 |  |  |
Total | $ | 827,568 |  | $ | 394,468 |  | $ | 606,151 |  | $ | 1,828,187 |  |  |
Our performance obligations for revenue from products and services are as follows: Business services includes providing mail processing services, shipping subscription solutions, fulfillment, delivery and return services and cross-border solutions. Revenue for mail processing services, fulfillment, delivery and return services and cross-border solutions is recognized over time as the services are provided and revenue for shipping subscription solutions is recognized ratably over the contract period. Contract terms for these services range from one to five years followed by annual renewal periods. Support services includes providing maintenance, professional and subscription services for our mailing equipment and professional services for our shipping solutions. Contract terms range from one to five years, depending on the term of the lease contract for the related equipment. Revenue for maintenance and subscription services is recognized ratably over the contract period and revenue for professional services is recognized when services are provided. Equipment sales generally includes the sale of mailing and shipping equipment, excluding sales-type leases. We recognize revenue upon delivery for self-install equipment and upon acceptance or installation for other equipment. We provide a warranty that our equipment is free of defects and meets stated specifications. The warranty is not considered a separate performance obligation. Supplies revenue is recognized upon delivery. Revenue from leasing transactions and financing includes revenue from sales-type and operating leases, finance income, late fees and investment income, gains and losses at Pitney Bowes Bank. Advance Billings from Contracts with Customers
| Balance sheet location |  | September 30, 2020 |  | December 31, 2019 |  | Increase/ (decrease)
Advance billings, current | Advance billings |  | $ | 94,454 |  |  | $ | 92,464 |  |  | $ | 1,990 |
Advance billings, noncurrent | Other noncurrent liabilities |  | $ | 1,117 |  |  | $ | 1,245 |  |  | $ | (128) |
Advance billings are recorded when cash payments are due in advance of our performance. Revenue is recognized ratably over the contract term. Items in advance billings primarily relate to support services on mailing equipment. Revenue recognized during the period includes $78 million of advance billings at the beginning of the period. Advance billings at September 30, 2020 and December 31, 2019 also includes $8 million and $9 million, respectively, from leasing transactions. Future Performance Obligations Future performance obligations include revenue streams bundled with our leasing contracts, primarily maintenance and subscription services. The transaction prices allocated to future performance obligations will be recognized as follows:
|  | Remainder of 2020 |  | 2021 |  | 2022-2025 |  | Total
SendTech Solutions |  | $ | 73,963 |  |  | $ | 263,673 |  |  | $ | 388,235 |  |  | $ | 725,871 |
The table above does not include revenue related to performance obligations for contracts with terms less than 12 months and expected consideration for those performance obligations where revenue is recognized based on the amount billable to the customer.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 + Details
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