REVENUE (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table disaggregates revenue by business segment, product and service offering and timing of transfer of control:

	Three months ended June 30, 2024
	Americas		Asia Pacific		Europe, Middle East, & Africa		Total
Sales by Product and Service Offering:
Products	$	892.1	$	293.1	$	332.1	$	1,517.3
Services & spares	229.0		116.0		90.5		435.5
Total	$	1,121.1	$	409.1	$	422.6	$	1,952.8
Timing of Revenue Recognition:
Products and services transferred at a point in time	$	872.3	$	312.8	$	238.8	$	1,423.9
Products and services transferred over time	248.8		96.3		183.8		528.9
Total	$	1,121.1	$	409.1	$	422.6	$	1,952.8

	Three months ended June 30, 2023
	Americas		Asia Pacific		Europe, Middle East, & Africa		Total
Sales by Product and Service Offering:
Products	$	751.5	$	285.7	$	292.7	$	1,329.9
Services & spares	207.9		110.1		86.2		404.2
Total	$	959.4	$	395.8	$	378.9	$	1,734.1
Timing of Revenue Recognition:
Products and services transferred at a point in time	$	739.3	$	304.6	$	249.4	$	1,293.3
Products and services transferred over time	220.1		91.2		129.5		440.8
Total	$	959.4	$	395.8	$	378.9	$	1,734.1

	Six months ended June 30, 2024
	Americas		Asia Pacific		Europe, Middle East, & Africa		Total
Sales by Product and Service Offering:
Products	$	1,608.2	$	517.1	$	629.4	$	2,754.7
Services & spares	437.9		224.3		175.0		837.2
Total	$	2,046.1	$	741.4	$	804.4	$	3,591.9
Timing of Revenue Recognition:
Products and services transferred at a point in time	$	1,554.3	$	553.4	$	444.9	$	2,552.6
Products and services transferred over time	491.8		188.0		359.5		1,039.3
Total	$	2,046.1	$	741.4	$	804.4	$	3,591.9

	Six months ended June 30, 2023
	Americas		Asia Pacific		Europe, Middle East, & Africa		Total
Sales by Product and Service Offering:
Products	$	1,425.4	$	494.6	$	560.4	$	2,480.4
Services & spares	396.3		214.2		164.3		774.8
Total	$	1,821.7	$	708.8	$	724.7	$	3,255.2
Timing of Revenue Recognition:
Products and services transferred at a point in time	$	1,391.4	$	534.6	$	505.7	$	2,431.7
Products and services transferred over time	430.3		174.2		219.0		823.5
Total	$	1,821.7	$	708.8	$	724.7	$	3,255.2

Schedule of Contract Assets, Liabilities and Deferred Revenue

The opening and closing balances of current and long-term deferred revenue as of June 30, 2024 and December 31, 2023 were as follows:

	Balances at June 30, 2024		Balances at December 31, 2023
Deferred revenue - current	$	888.8	$	638.9
Deferred revenue - noncurrent (1)	71.1		61.8

(1)    Noncurrent deferred revenue is recorded within “Other long-term liabilities” on the Unaudited Condensed Consolidated Balance Sheets.