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Revenue (Tables)
 6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table disaggregates our revenue from contracts with customers by geographic area and includes equipment rental revenue. Equipment rental revenues were $39 million and $73 million in the three and six months ended June 30, 2024, respectively, and $39 million and $72 million for the three and six months ended June 30, 2023, respectively.

During the three and six months ended June 30, 2024, the U.S. accounted for 14% of total revenue in each period, respectively, and the Kingdom of Saudi Arabia accounted for 11% and 10% of total revenue, respectively. In addition, for the three and six months ended June 30, 2024, Mexico accounted for 12% and 13% of total revenue, respectively, driven by a customer which accounted for 10% and 11%, respectively. During the three and six months ended June 30, 2023, the U.S. accounted for 17% and 18%, respectively and Mexico accounted for 13% in each period, respectively. No other country accounted for more than 10% of our revenue in the periods presented.
Three Months Ended June 30,Six Months Ended June 30,
(Dollars in millions)2024202320242023
Revenue by Geographic Areas:
North America (a)
$252 $265 519 551 
International
1,153 1,009 2,244 1,909 
Middle East/North Africa/Asia542 421 1,039 797 
Latin America353 371 723 688 
Europe/Sub-Sahara Africa/Russia258 217 482 424 
Total Revenue
$1,405 $1,274 $2,763 $2,460 
(a) North America consists of the U.S. and Canada.
Schedule of Contract Balances
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 June 30, 2024 and December 31, 2023:
(Dollars in millions)June 30, 2024December 31, 2023
Receivables for Product and Services in Accounts Receivable, Net$1,288 $1,182 
Receivables for Equipment Rentals in Account Receivable, Net$31 $34 
Accounts Receivable, Net$1,319 $1,216 
Contract Assets in Other Current Assets$53 $61 
Contract Assets in Other Non-Current Assets$28 $24 
Contract Liabilities in Other Current Liabilities$35 $58 
Contract Liabilities in Other Non-Current Liabilities$3 $5