v3.26.3
Revenue (Tables)
 9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Revenues disaggregated by primary geographic markets, major product lines, and sales channels are as follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2026202520262025
Primary geographical markets(1):
United States$1,062 $1,124 $3,114 $2,905 
Europe476 511 1,536 1,351 
Canada119 125 377 336 
Latin America103 87 289 174 
Asia Pacific54 65 160 88 
Other54 49 160 140 
Total Revenues$1,868 $1,961 $5,636 $4,994 
Major product and services lines:
Equipment$393 $383 $1,158 $1,003 
Supplies, paper and other sales434 445 1,340 789 
Maintenance agreements(2)
414 440 1,256 1,187 
IT products(3)
127 165 372 423 
Service arrangements(4)
403 425 1,246 1,294 
Rental and other73 71 188 201 
Financing24 32 76 97 
Total Revenues$1,868 $1,961 $5,636 $4,994 
Sales channels:
Direct equipment lease(5)
$101 $117 $282 $337 
Distributors & resellers(6)
495 480 1,543 927 
Customer direct358 396 1,045 951 
Total Sales$954 $993 $2,870 $2,215 
_____________
(1)Geographic area data is based upon the location of the subsidiary reporting the revenue.
(2)Includes revenues from maintenance agreements on sold equipment as well as revenues associated with service agreements sold through our channel partners, as well as services revenues related to our IT Solutions.
(3)IT products include IT hardware and software solutions sold by the IT Solutions segment.
(4)Primarily includes revenues from our Print outsourcing arrangements including revenues from embedded operating leases in those arrangements.    
(5)Primarily reflects sales through bundled lease arrangements.
(6)Primarily reflects sales through our two-tier distribution channels.
Schedule of Contract Liabilities Activity The following table summarizes our contract liabilities activity:
20262025
Balance at January 1st
$279 $130 
Revenue recognized(76)(59)
Billings and customer advances(1)
68 63 
Foreign currency and other— (4)
Acquisition(2)
— 22 
Balance at March 31st
$271 $152 
Revenue recognized(79)(76)
Billings and customer advances(1)
72 61 
Foreign currency and other1 — 
Acquisition(2)
5 — 
Balance at June 30th
$270 $137 
Revenue recognized(87)(116)
Billings and customer advances(1)
85 131 
Foreign currency and other(4)(3)
Acquisition(2)
— 170 
Balance at September 30th
$264 $319 
_____________
(1)Excludes revenue recognized during the period.
(2)2026 relates to Lexmark Acquisition-related activity and 2025 relates to both Lexmark and ITSavvy acquisition-related activity. Refer to Note 6 - Acquisition for additional information.
Schedule of Capitalized Contract Cost
Changes in contract costs, net are as follows:
20262025
Balance at January 1st,$163 $139 
Customer contract costs deferred17 17 
Amortization of customer contract costs(17)(16)
Other(1)
(3)— 
Balance at March 31st,$160 $140 
Customer contract costs deferred12 18 
Amortization of customer contract costs(18)(17)
Other(1)
1 2 
Balance at June 30th,$155 $143 
Acquisition(2)
— 17 
Customer contract costs deferred14 16 
Amortization of customer contract costs(18)(17)
Other(1)
(2)(1)
Balance at September 30th,$149 $158 
_____________
(1)Includes currency
(2)Includes customer contract costs related to the Lexmark Acquisition. Refer to Note 6 - Acquisition for additional information.