Revenue Recognition |
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Revenue Recognition | 11.Revenue Recognition Contract Balances Our allowance for credit losses were as follows:
Contract liabilities arise when we bill our customers and receive consideration in advance of providing the service. Contract liabilities are recognized as revenue when the service has been provided to the customer. Contract liabilities are recorded in “Deferred revenue and other” and “Long-term deferred revenue and other long-term liabilities” on our Condensed Consolidated Balance Sheets. The following table summarizes our contract liability balances:
Our beginning of period contract liability recorded as customer contract revenue during 2025 was $542 million. Performance Obligations Pay-TV and Wireless Segments We apply a practical expedient and do not disclose the value of the remaining performance obligations for contracts that are less than one year in duration, which represent a substantial majority of our revenue. As such, the amount of revenue related to unsatisfied performance obligations is not necessarily indicative of our future revenue. Contract Acquisition Costs The following table presents the activity in our contract acquisition costs, net:
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