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Deferred Revenue
 6 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
Deferred Revenue Deferred RevenueDeferred revenue consisted of the following:
June 30, 2021December 31, 2020
Current:
Domains$880.2 $810.7 
Hosting and presence620.8 574.8 
Business applications370.4 325.8 
$1,871.4 $1,711.3 
Noncurrent:
Domains$440.5 $410.4 
Hosting and presence220.2 218.1 
Business applications106.3 96.6 
$767.0 $725.1 
The increase in the deferred revenue balance is primarily driven by payments received in advance of satisfying our performance obligations, offset by $531.3 million and $1,203.5 million of revenue recognized during the three and six months ended June 30, 2021, respectively that were included in the deferred revenue balance as of December 31, 2020. The deferred revenue balance as of June 30, 2021 represents our aggregate remaining performance obligations that will be recognized as revenue over the period in which the performance obligations are satisfied, and is expected to be recognized as revenue as follows:
Remainder of 2021
2022202320242025ThereafterTotal
Domains$577.2 $451.9 $139.3 $65.3 $37.4 $49.6 $1,320.7 
Hosting and presence425.5 277.7 82.9 26.2 11.4 17.3 841.0 
Business applications256.3 158.6 47.9 9.6 2.3 2.0 476.7 
$1,259.0 $888.2 $270.1 $101.1 $51.1 $68.9 $2,638.4