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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