v3.25.4
Deferred Revenue (Tables)
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Deferred Revenue
 December 31, 2025December 31, 2024
(in US $ millions)
Balance, beginning of the year430 498 
Deferral of revenue(1)
224 207 
Recognition of deferred revenue from beginning balance(256)(275)
Balance, end of the year398 430 
(1)Deferral of revenue includes only the portion of collections from merchant billings throughout the year, primarily related to subscription fees, for which the services have not yet been provided. The amounts primarily exclude subscription revenue that has both been deferred and recognized within the period presented.
December 31, 2025December 31, 2024
(in US $ millions)
Current portion300 283 
Long-term portion98 147 
398 430 
The table below summarizes the gross changes in deferred revenue associated with this non-cash consideration received for the years ended December 31, 2025 and 2024:
 December 31, 2025December 31, 2024
(in US $ millions)
Balance, beginning of the year190 284 
Revenue recognized related to non-cash consideration(49)(94)
Balance, end of the year141 190 
Current portion48 50 
Long term portion93 140 
141 190