Revenues (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table disaggregates our revenues from contracts with customers by geographic region and includes equipment rental revenues. North America in the table below consists of the U.S. and Canada.

	Three Months Ended March 31,
(Dollars in millions)	2023		2022
Revenues by Geographic Areas:
Middle East/North Africa/Asia	$	376	$	310
North America	286		238
Latin America	317		227
Europe/Sub-Sahara Africa/Russia	207		163
Total Revenues	$	1,186	$	938

Schedule of Contract with Customer, Asset and Liability

Contract Balances

The timing of our revenue recognition, billings and cash collections results in the recording of accounts receivable, contract assets, and contract liabilities. The following table summarizes these balances as of March 31, 2023 and December 31, 2022:

(Dollars in millions)	March 31, 2023		December 31, 2022
Receivables for Product and Services in Accounts Receivable, Net	$	1,052	$	954
Receivables for Equipment Rentals in Account Receivable, Net	$	36	$	35
Accounts Receivable, Net	$	1,088	$	989
Contract Assets in Other Current Assets	$	35	$	39
Contract Assets in Other Non-Current Assets	$	25	$	21
Contract Liabilities in Other Current Liabilities (a)	$	52	$	54
Contract Liabilities in Other Non-Current Liabilities	$	2	$	—

(a)Revenues recognized during the three months ended March 31, 2023 and March 31, 2022 that were included in the contract liabilities balance at the beginning of the year was approximately $20 million and $22 million, respectively.