Contracts with Customers - Significant Changes in Contract Assets and Contract Liabilities (Details) $ in Millions |
6 Months Ended |
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Jun. 30, 2025
USD ($)
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Revenue from Contract with Customer [Abstract] | |
Contract assets, opening balance | $ 109.2 |
Contract liability, beginning balance | 48.1 |
Performance obligations satisfied during the reporting period | 133.0 |
Amortization of revenue | (22.1) |
Unbilled demobilization revenue | 16.9 |
Unbilled variable rate revenue | (2.6) |
Performance obligations to be satisfied over time | 16.9 |
Unbilled mobilization revenue | 0.6 |
Cash received, excluding amounts recognized as revenue | 37.3 |
Invoices issued against the contract asset balance | (106.7) |
Contract assets, closing balance | 150.4 |
Contract liability, closing balance | $ 80.2 |
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- Definition Amortization Of Revenue, Contract Liability No definition available.
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- Definition Cash Received, Contract Liability No definition available.
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- Definition Contract with Customer, Asset, Performance Obligation Satisfied During Reporting Period No definition available.
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- Definition Contract with Customer, Liabilities, Performance Obligation To Be Satisfied Over Time No definition available.
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- Definition Invoices Issued, Contract Asset No definition available.
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- Definition Unbilled Demobilization Revenue, Contract Asset No definition available.
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- Definition Unbilled Mobilization Revenue, Contract Asset No definition available.
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- Definition Unbilled Variable Rate Revenue, Contract Asset No definition available.
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- Definition Amount, after allowance for credit loss, of right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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