v3.26.3
Deferred Revenue (Tables)
9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Deferred Revenue
Three months ended September 30,Nine months ended September 30,
2026202520262025
(in US $ millions)
Balance, beginning of the period414 421 398 430 
Deferral of revenue(1)
137 122 227 211 
Recognition of deferred revenue from beginning balance(137)(133)(211)(231)
Balance, end of the period414 410 414 410 
(1) Deferral of revenue includes only the portion of collections from merchant billings throughout the period, 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.
September 30, 2026September 30, 2025
(in US $ millions)
Current portion345 300 
Long-term portion69 110 
414 410 
The table below summarizes the gross changes in deferred revenue associated with this non-cash consideration received for the three and nine months ended September 30, 2026 and 2025:
Three months ended September 30,Nine months ended September 30,
2026202520262025
(in US $ millions)
Balance, beginning of the period124 165 141 190 
Non-cash consideration received in exchange for services— — 8 — 
Revenue recognized related to non-cash consideration(13)(12)(38)(37)
Balance, end of the period111 153 111 153 
Current portion47 49 
Long-term portion64 104 
111 153