v3.26.3
Revenue Recognition
9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition
Note 2. Revenue Recognition

Revenue disaggregated by geographical area was as follows:
Three Months Ended September 30, Nine Months Ended September 30,
(In millions)2026202520262025
United Kingdom$1,751 $1,628 $5,030 $4,609 
United States846 801 2,379 2,320 
Netherlands263 275 789 760 
France216 210 637 612 
Spain184 170 527 479 
Italy111 103 332 303 
Other219 208 635 588 
Total $3,590 $3,395 $10,329 $9,671 

The Company’s revenue can also be disaggregated by various verticals, reflecting the customers’ principal industry. Revenue disaggregated by industry was as follows:
Three Months Ended September 30, Nine Months Ended September 30,
(In millions)2026202520262025
Omnichannel retail$1,689 $1,645 $4,887 $4,693 
Technology and consumer electronics498 420 1,370 1,215 
Industrial and manufacturing405 386 1,207 1,151 
Food and beverage351 371 1,009 1,044 
Consumer packaged goods333 324 998 898 
Other314 249 858 670 
Total$3,590 $3,395 $10,329 $9,671 

Contract Assets and Liabilities

The contract asset and contract liability balances from contracts with customers were as follows:
September 30,December 31,
(In millions)20262025
Contract assets and contract costs included in:
Other current assets$36 $36 
Other long-term assets251 235 
Total contract assets$287 $271 
Contract liabilities included in:
Other current liabilities$244 $279 
Other long-term liabilities99 101 
Total contract liabilities$343 $380 
Contract liabilities represent the Company’s obligation to transfer services to a customer for which the Company has received consideration, or the amount due from a customer before the related services have been transferred.

Revenue recognized included in contract liabilities at the beginning of the period was $15 million and $46 million for the three months ended September 30, 2026 and 2025, respectively, and $244 million and $267 million for the nine months ended September 30, 2026 and 2025, respectively.