v3.26.1
REVENUE RECOGNITION
 3 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION Revenue Recognition
Contract Balances
The change in the Company’s contract assets and liabilities during the period primarily reflects the timing difference between the Company’s performance and the customer’s payment. The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers:
April 1, 2026Increase/(Decrease)June 30, 2026
Receivables (1)
$218 $(5)$213 
Unbilled work in progress, net of allowance for credit losses271 (16)255 
Contract Assets (1)
10 1 11 
Contract Liabilities (2)
39 4 43 
(1)Included within Accounts receivable, net of allowance for credit losses in the Consolidated Balance Sheets.
(2)Represents deferred income which is included within Other liabilities in the Consolidated Balance Sheets.

During the three months ended June 30, 2026, $12 of revenues were recognized that were included in the deferred income balance at the beginning of the period.