| Schedule of Disaggregation of Revenue |
The following table disaggregates revenue by business segment, product and service offering and timing of transfer of control: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, 2026 | | Americas | | Asia Pacific | | Europe, Middle East, & Africa | | Total | | Sales by Product and Service Offering: | | | | | | | | | Products | $ | 1,666.1 | | | $ | 562.4 | | | $ | 377.9 | | | $ | 2,606.4 | | | Services & spares | 404.7 | | | 157.5 | | | 105.7 | | | 667.9 | | | Total | $ | 2,070.8 | | | $ | 719.9 | | | $ | 483.6 | | | $ | 3,274.3 | | | | | | | | | | | Timing of Revenue Recognition: | | | | | | | | | Products and services transferred at a point in time | $ | 1,697.4 | | | $ | 564.5 | | | $ | 260.6 | | | $ | 2,522.5 | | | Products and services transferred over time | 373.4 | | | 155.4 | | | 223.0 | | | 751.8 | | | Total | $ | 2,070.8 | | | $ | 719.9 | | | $ | 483.6 | | | $ | 3,274.3 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, 2025 | | Americas | | Asia Pacific | | Europe, Middle East, & Africa | | Total | | Sales by Product and Service Offering: | | | | | | | | | Products | $ | 1,320.8 | | | $ | 424.0 | | | $ | 374.1 | | | $ | 2,118.9 | | | Services & spares | 281.5 | | | 136.2 | | | 101.5 | | | 519.2 | | | Total | $ | 1,602.3 | | | $ | 560.2 | | | $ | 475.6 | | | $ | 2,638.1 | | | | | | | | | | | Timing of Revenue Recognition: | | | | | | | | | Products and services transferred at a point in time | $ | 1,356.4 | | | $ | 425.2 | | | $ | 294.3 | | | $ | 2,075.9 | | | Products and services transferred over time | 245.9 | | | 135.0 | | | 181.3 | | | 562.2 | | | Total | $ | 1,602.3 | | | $ | 560.2 | | | $ | 475.6 | | | $ | 2,638.1 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Six months ended June 30, 2026 | | Americas | | Asia Pacific | | Europe, Middle East, & Africa | | Total | | Sales by Product and Service Offering: | | | | | | | | | Products | $ | 3,142.0 | | | $ | 943.5 | | | $ | 612.1 | | | $ | 4,697.6 | | | Services & spares | 743.2 | | | 290.1 | | | 192.9 | | | 1,226.2 | | | Total | $ | 3,885.2 | | | $ | 1,233.6 | | | $ | 805.0 | | | $ | 5,923.8 | | | | | | | | | | | Timing of Revenue Recognition: | | | | | | | | | Products and services transferred at a point in time | $ | 3,209.3 | | | $ | 946.9 | | | $ | 457.5 | | | $ | 4,613.7 | | | Products and services transferred over time | 675.9 | | | 286.7 | | | 347.5 | | | 1,310.1 | | | Total | $ | 3,885.2 | | | $ | 1,233.6 | | | $ | 805.0 | | | $ | 5,923.8 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Six months ended June 30, 2025 | | Americas | | Asia Pacific | | Europe, Middle East, & Africa | | Total | | Sales by Product and Service Offering: | | | | | | | | | Products | $ | 2,279.1 | | | $ | 757.8 | | | $ | 693.1 | | | $ | 3,730.0 | | | Services & spares | 508.5 | | | 249.6 | | | 186.0 | | | 944.1 | | | Total | $ | 2,787.6 | | | $ | 1,007.4 | | | $ | 879.1 | | | $ | 4,674.1 | | | | | | | | | | | Timing of Revenue Recognition: | | | | | | | | | Products and services transferred at a point in time | $ | 2,330.1 | | | $ | 761.3 | | | $ | 534.8 | | | $ | 3,626.2 | | | Products and services transferred over time | 457.5 | | | 246.1 | | | 344.3 | | | 1,047.9 | | | Total | $ | 2,787.6 | | | $ | 1,007.4 | | | $ | 879.1 | | | $ | 4,674.1 | |
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| Schedule of Contract Assets, Liabilities and Deferred Revenue |
The opening and closing balances of current and long-term deferred revenue as of June 30, 2026 and December 31, 2025 were as follows: | | | | | | | | | | | | | Balances at June 30, 2026 | | Balances at December 31, 2025 | Deferred revenue - current | $ | 3,633.7 | | | $ | 1,814.7 | | Deferred revenue - noncurrent(1) | 122.6 | | | 107.6 | |
(1) Noncurrent deferred revenue is recorded within “Other long-term liabilities” on the Unaudited Condensed Consolidated Balance Sheets.
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