v3.25.2
Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents a disaggregation of revenue:
Three Months Ended June 30,Six Months Ended June 30,
in millions20252024*20252024*
United States
Recurring$187 $201 $382 $423 
Perpetual software licenses and hardware
Consulting services13 19 28 40 
Total United States201 221 415 469 
International
Recurring$167 $167 $330 $333 
Perpetual software licenses and hardware
Consulting services38 44 73 92 
Total International207 215 411 432 
Total Revenue$408 $436 $826 $901 
Schedule of Rental Revenue
Rental revenue, which is included in recurring revenue in the above table, was as follows:
Three Months Ended June 30,Six Months Ended June 30,
in millions2025202420252024
Rental revenue* $51 $54 $100 $109 
*Rental revenue includes hardware maintenance.
Schedule of Assets and Liabilities Related to Contracts with Customers
The following table provides information about receivables, contract assets and deferred revenue from contracts with customers:
As of
in millionsJune 30, 2025December 31, 2024
Accounts receivable, net$293 $234 
Contract assets$$
Current deferred revenue$521 $512 
Long-term deferred revenue$12 $10 
Schedule of Estimated Revenue Expected to be Recognized in the Future
The following table includes estimated revenue expected to be recognized in the future related to the Company's unsatisfied (or partially satisfied) obligations at June 30, 2025:
in millionsTotal at June 30, 2025Year 1Year 2 and Thereafter
Remaining unsatisfied obligations$1,841 $1,233 $608