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REVENUE (Tables)
3 Months Ended
Mar. 31, 2026
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 March 31, 2026
AmericasAsia PacificEurope, Middle East, & AfricaTotal
Sales by Product and Service Offering:
Products$1,475.9 $381.1 $234.2 $2,091.2 
Services & spares338.5 132.6 87.2 558.3 
Total$1,814.4 $513.7 $321.4 $2,649.5 
Timing of Revenue Recognition:
Products and services transferred at a point in time$1,511.9 $382.4 $196.9 $2,091.2 
Products and services transferred over time302.5 131.3 124.5 558.3 
Total$1,814.4 $513.7 $321.4 $2,649.5 
Three months ended March 31, 2025
AmericasAsia PacificEurope, Middle East, & AfricaTotal
Sales by Product and Service Offering:
Products$958.3 $333.8 $319.0 $1,611.1 
Services & spares227.0 113.4 84.5 424.9 
Total$1,185.3 $447.2 $403.5 $2,036.0 
Timing of Revenue Recognition:
Products and services transferred at a point in time$973.7 $336.1 $240.5 $1,550.3 
Products and services transferred over time211.6 111.1 163.0 485.7 
Total$1,185.3 $447.2 $403.5 $2,036.0 
Schedule of Contract Assets, Liabilities and Deferred Revenue
The opening and closing balances of current and long-term deferred revenue as of March 31, 2026 and December 31, 2025 were as follows:
Balances at
March 31, 2026
Balances at December 31, 2025
Deferred revenue - current
$2,461.8 $1,814.7 
Deferred revenue - noncurrent(1)
145.3 107.6 
(1)    Noncurrent deferred revenue is recorded within “Other long-term liabilities” on the Unaudited Condensed Consolidated Balance Sheets.