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 the Company’s disaggregated revenue by nature of service. Sales and usage-based taxes are excluded from revenue.
Three months ended March 31,
(in $ millions)20252024
Travel revenue$499 $492 
Product and professional services revenue122 118 
Total revenue$621 $610 
Schedule of Accounts Receivable, Net, Contract Assets and Contract Liabilities
The opening and closing balances of the Company’s accounts receivable, net, and contract liabilities are as follows:
Contract
liabilities
(in $ millions)
Accounts receivable, net
Client
incentives, net
(non-current)
Deferred
revenue
(current)
Balance as of March 31, 2025$716 $26 $36 
Balance as of December 31, 2024$570 $19 $31