v3.26.1
Revenue from Contracts with Customers
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
The following table summarizes the activity in deferred revenue (in millions):

Six Months Ended June 30, 2026
Deferred revenue, beginning of period$69 
Deferred revenue, end of period$77 
Revenue recognized in the period from amounts included in deferred revenue at the beginning of period$58 

As of June 30, 2026, approximately $1,110 million of revenue is expected to be recognized from remaining performance obligations for customer contracts. The Company expects to recognize revenue of approximately $1,036 million from these remaining performance obligations over the next 24 months, with the balance recognized thereafter.

The following table summarizes the activity in deferred contract acquisition costs (in millions):

Six Months Ended June 30,
20262025
Beginning balance$220 $172 
Capitalization93 70 
Amortization(46)(48)
Ending balance$267 $194 
As of June 30, 2026, $106 million of deferred contract acquisition costs were recorded within other current assets with the remaining balance recorded within other non-current assets on the Condensed Consolidated Balance Sheet.