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Accounting Standards (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2018.
 
 
As Reported

 
Adjustments

 
Balances Without Adoption of Topic 606
For the three months ended September 30, 2018
 
 
 
 
 
 
Statement of Income
 
 
 
 
 
 
Revenue
 
 
 
 
 
 
Services
 
$
605.6

 
$
(3.1
)
 
$
602.5

Technology
 
82.7

 
(8.1
)
 
74.6

Costs and expenses
 
 
 
 
 

Cost of revenue
 
 
 
 
 

Services
 
504.9

 
(0.9
)
 
504.0

Technology
 
29.6

 
0.2

 
29.8

Selling, general and administrative expenses
 
90.9

 
0.3

 
91.2

Operating income
 
55.8

 
(10.7
)
 
45.1

Income before income taxes
 
22.2

 
(10.7
)
 
11.5

Provision for income taxes
 
15.2

 
(5.3
)
 
9.9

Consolidated net income
 
7.0

 
(5.4
)
 
1.6

Net income attributable to Unisys Corporation
 
6.1

 
(5.4
)
 
0.7

 
 
 
 
 
 
 
For the nine months ended September 30, 2018
 
 
 
 
 
 
Statement of Income
 
 
 
 
 
 
Revenue
 

 

 

Services
 
$
1,760.8

 
$
(5.6
)
 
$
1,755.2

Technology
 
303.3

 
(101.1
)
 
202.2

Costs and expenses
 
 
 
 
 
 
Cost of revenue
 

 

 

Services
 
1,460.0

 
(2.2
)
 
1,457.8

Technology
 
96.2

 
(0.5
)
 
95.7

Selling, general and administrative expenses
 
274.5

 
0.7

 
275.2

Operating income
 
211.6

 
(104.7
)
 
106.9

Income before income taxes
 
105.1

 
(104.7
)
 
0.4

Provision for income taxes
 
50.4

 
(14.7
)
 
35.7

Consolidated net income (loss)
 
54.7

 
(90.0
)
 
(35.3
)
Net income (loss) attributable to Unisys Corporation
 
50.5

 
(90.0
)
 
(39.5
)
 
 
 
 
 
 
 
As of September 30, 2018
 
 
 
 
 
 
Balance Sheet
 
 
 
 
 
 
Assets
 
 
 
 
 
 
Accounts receivable, net current
 
$
492.2

 
$
63.5

 
$
555.7

Contract assets
 
73.3

 
(73.3
)
 
—

Inventories
 
23.0

 
4.6

 
27.6

Prepaid expenses and other current assets
 
102.6

 
0.9

 
103.5

Deferred income taxes - long-term
 
97.3

 
1.7

 
99.0

Other long-term assets
 
193.6

 
(22.5
)
 
171.1

Total assets
 
2,328.0

 
(25.1
)
 
2,302.9

Liabilities
 
 
 
 
 
 
Deferred revenue - current
 
254.7

 
46.5

 
301.2

Other accrued liabilities - current
 
351.9

 
(16.8
)
 
335.1

Long-term deferred revenue
 
167.4

 
8.4

 
175.8

Other long-term liabilities
 
68.1

 
5.5

 
73.6

Equity
 
 
 
 
 
 
Accumulated deficit
 
(1,725.3
)
 
(68.7
)
 
(1,794.0
)
Total liabilities and deficit
 
2,328.0

 
(25.1
)
 
2,302.9