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Accounts Receivable and Contract Balances (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Accounts Receivable
The following table details the total accounts receivable recognized and the related classification on the Consolidated Balance Sheets:
June 30, 2025December 31, 2024
Accounts receivable, current(1)
$4,629.8 $4,386.4 
Unbilled accounts receivable, current(1)
997.1 749.4 
Unbilled accounts receivable, noncurrent(2)
1,103.1 923.0 
Total accounts receivable$6,730.0 $6,058.8 
(1)Accounts receivable, current and Unbilled accounts receivable, current are presented within Accounts receivable, net of allowance for credit losses on the Consolidated Balance Sheets.
(2)Unbilled accounts receivable, noncurrent is presented net of allowance for credit losses herein and is presented within Accounts receivable and other assets, noncurrent on the Consolidated Balance Sheets.
Schedule of Contract with Customer The following table details information about the Company’s contract balances recognized on the Consolidated Balance Sheets:
June 30, 2025December 31, 2024
Contract assets(1)
$109.0 $97.1 
Contract liabilities(2)(3)
$519.0 $522.3 
(1)Contract assets are presented within Prepaid expenses and other on the Consolidated Balance Sheets.
(2)Includes $29 million and $31 million of long-term contract liabilities that are presented within Long-term liabilities - Accounts payable and other liabilities on the Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024, respectively.
(3)For the six months ended June 30, 2025 and 2024, the Company recognized revenue of $270 million and $237 million related to its contract liabilities that were included in the beginning balance of the respective periods.
Schedule of Remaining Performance Obligations The following table represents the total transaction price for the remaining performance obligations as of June 30, 2025 related to non-cancelable managed and professional services contracts whereby the Company is acting as the principal and the duration is longer than 12 months, which is expected to be recognized over future periods.
Within 1 YearYears 1-2Years 2-3Thereafter
Remaining performance obligations$133.6 $80.9 $31.5 $12.9