Revenue

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

REVENUEThe Company recognizes revenue from the sale of manufactured products and services when control of promised goods or services are transferred to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services.

Disaggregation of Revenues

The following table disaggregates our revenue by product and service offering and timing of transfer of control:


	Three months ended March 31, 2020
	Americas		Asia Pacific		Europe, Middle East, & Africa		Total
Sales by Product and Service Offering:
Critical infrastructure & solutions	$	264.1	$	123.1	$	112.2	$	499.4
Services & software solutions	159.8		76.9		65.9		302.6
I.T. & Edge infrastructure	42.8		23.9		28.6		95.3
Total	$	466.7	$	223.9	$	206.7	$	897.3

Timing of revenue recognition:
Products and services transferred at a point in time	$	313.2	$	160.9	$	165.8	$	639.9
Products and services transferred over time	153.5		63.0		40.9		257.4
Total	$	466.7	$	223.9	$	206.7	$	897.3


	Three months ended March 31, 2019
	Americas		Asia Pacific		Europe, Middle East, & Africa		Total
Sales by Product and Service Offering:
Critical infrastructure & solutions	$	359.4	$	138.4	$	141.0	$	638.8
Services & software solutions	152.2		85.2		68.6		306.0
I.T. & Edge infrastructure	42.8		35.4		31.8		110.0
Total	$	554.4	$	259.0	$	241.4	$	1,054.8

Timing of revenue recognition:
Products and services transferred at a point in time	$	415.9	$	196.7	$	199.7	$	812.3
Products and services transferred over time	138.5		62.3		41.7		242.5
Total	$	554.4	$	259.0	$	241.4	$	1,054.8

The opening and closing balances of our current and long-term contract assets and current and long-term deferred revenue are as follows:


	Balances at March 31, 2020		Balances at December 31, 2019

Deferred revenue - current ⁽¹⁾	$	188.0	$	160.9
Deferred revenue - noncurrent ⁽²⁾	39.6		41.3
Other contract liabilities - current ⁽¹⁾	33.9		39.8

⁽¹⁾ Current deferred revenue and contract liabilities are included within accrued expenses and other liabilities.

⁽²⁾ Noncurrent deferred revenue is recorded within other long-term liabilities.

Deferred revenue consists primarily of maintenance, extended warranty and other service contracts. We expect to recognize revenue of $16.5, $12.2 and $10.9 in the last nine months of 2021, fiscal year 2022, and thereafter, respectively.