v3.26.1
Revenue Recognition
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition
The following table disaggregates our revenues by type within each of our reportable business segments:
Three Months Ended March 31,
20262025
Gaming
Gaming operations$239 $173 
Gaming machine sales156 208 
Gaming systems54 63 
Table products63 51 
Total$512 $495 
SciPlay
Third-party platforms and other(1)
$137 $175 
Direct-to-consumer platforms50 27 
Total$187 $202 
iGaming$91 $77 
(1) Other primarily represents advertising revenue, which was not material for the periods presented.
The amount of rental income revenue included in services revenue within the consolidated statement of operations that is outside the scope of ASC 606 was $156 million and $138 million for the three months ended March 31, 2026 and 2025, respectively.
Contract Liabilities and Other Disclosures
The following table summarizes the activity in our contract liabilities for the reporting period:
Three Months Ended March 31, 2026
Contract liability balance, beginning of period(1)
$28 
Liabilities recognized during the period
Amounts recognized in revenue from beginning balance(6)
Contract liability balance, end of period(1)
$30 
(1) Contract liabilities are included within Accrued liabilities and Other long-term liabilities in our consolidated balance sheets.
The timing of revenue recognition, billings and cash collections results in billed receivables, unbilled receivables (contract assets), and customer advances and deposits (contract liabilities) on our consolidated balance sheets. Other than contracts with customers with financing arrangements exceeding 12 months, revenue recognition is generally proximal to conversion to cash.
The following table summarizes our balances in these accounts for the periods indicated (other than contract liabilities disclosed above):
Receivables
Contract Assets(1)
Beginning of period balance$785 $43 
End of period balance, March 31, 2026
708 44 
(1) Contract assets are included primarily within Prepaid expenses, deposits and other current assets in our consolidated balance sheets.
As of March 31, 2026, we did not have material unsatisfied performance obligations for contracts expected to be long-term or contracts for which we recognize revenue at an amount other than that for which we have the right to invoice for goods or services delivered or performed.