XML 38 R25.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Accounting Standards (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
Accounting Changes and Error Corrections [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The following table summarizes the effects of adopting ASU No. 2014-09 on the company’s consolidated financial statements as of and for the three and six months ended June 30, 2018.
|  | As Reported |  |  | Adjustments |  |  | Balances Without Adoption of Topic 606
For the three months ended June 30, 2018 |  |  |  |  |  |
Statement of Income |  |  |  |  |  |
Revenue |  |  |  |  |  |
Services |  | $ | 586.7 |  |  | $ | (5.3 | ) |  | $ | 581.4 |
Technology |  | 80.7 |  |  | (16.2 | ) |  | 64.5 |
Costs and expenses |  |  |  |  |  |
Cost of revenue |  |  |  |  |  |
Services |  | 484.2 |  |  | (3.1 | ) |  | 481.1 |
Technology |  | 30.3 |  |  | 0.2 |  |  | 30.5 |
Selling, general and administrative expenses |  | 92.7 |  |  | 0.2 |  |  | 92.9 |
Operating income |  | 54.0 |  |  | (18.9 | ) |  | 35.1 |
Income before income taxes |  | 20.3 |  |  | (18.9 | ) |  | 1.4 |
Provision for income taxes |  | 14.3 |  |  | 0.1 |  |  | 14.4 |
Consolidated net income |  | 6.0 |  |  | (19.0 | ) |  | (13.0 | )
Net income attributable to Unisys Corporation |  | 3.8 |  |  | (19.0 | ) |  | (15.2 | )
For the six months ended June 30, 2018 |  |  |  |  |  |
Statement of Income |  |  |  |  |  |
Revenue |  |  |  |  |  |
Services |  | $ | 1,155.2 |  |  | $ | (2.5 | ) |  | $ | 1,152.7 |
Technology |  | 220.6 |  |  | (93.0 | ) |  | 127.6 |
Costs and expenses |  |  |  |  |  |
Cost of revenue |  |  |  |  |  |
Services |  | 955.1 |  |  | (1.3 | ) |  | 953.8 |
Technology |  | 66.6 |  |  | (0.7 | ) |  | 65.9 |
Selling, general and administrative expenses |  | 183.6 |  |  | 0.4 |  |  | 184.0 |
Operating income |  | 155.8 |  |  | (94.0 | ) |  | 61.8 |
Income before income taxes |  | 82.9 |  |  | (94.0 | ) |  | (11.1 | )
Provision for income taxes |  | 35.2 |  |  | (9.4 | ) |  | 25.8 |
Consolidated net income |  | 47.7 |  |  | (84.6 | ) |  | (36.9 | )
Net income attributable to Unisys Corporation |  | 44.4 |  |  | (84.6 | ) |  | (40.2 | )
As of June 30, 2018 |  |  |  |  |  |
Balance Sheet |  |  |  |  |  |
Assets |  |  |  |  |  |
Accounts receivable, net current |  | $ | 484.0 |  |  | $ | 26.6 |  |  | $ | 510.6 |
Contract assets |  | 38.3 |  |  | (38.3 | ) |  | — |
Inventories |  | 22.7 |  |  | 0.1 |  |  | 22.8 |
Prepaid expenses and other current assets |  | 117.6 |  |  | 1.2 |  |  | 118.8 |
Outsourcing assets, net |  | 208.8 |  |  | 3.4 |  |  | 212.2 |
Deferred income taxes - long-term |  | 106.5 |  |  | 1.7 |  |  | 108.2 |
Other long-term assets |  | 194.3 |  |  | (22.7 | ) |  | 171.6 |
Total assets |  | 2,370.9 |  |  | (28.1 | ) |  | 2,342.8 |
Liabilities |  |  |  |  |  |
Deferred revenue - current |  | 284.6 |  |  | 32.0 |  |  | 316.6 |
Other accrued liabilities - current |  | 319.1 |  |  | (11.6 | ) |  | 307.5 |
Long-term deferred revenue |  | 177.3 |  |  | 9.4 |  |  | 186.7 |
Other long-term liabilities |  | 79.0 |  |  | 5.4 |  |  | 84.4 |
Equity |  |  |  |  |  |
Accumulated deficit |  | (1,940.1 | ) |  | (63.3 | ) |  | (2,003.4 | )
Total liabilities and deficit |  | 2,370.9 |  |  | (28.1 | ) |  | 2,342.8 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingChangesAndErrorCorrectionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration