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REVENUE (Tables)
9 Months Ended
Sep. 30, 2025
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 September 30, 2025
AmericasAsia PacificEurope, Middle East, & AfricaTotal
Sales by Product and Service Offering:
Products$1,426.6 $392.7 $348.3 $2,167.6 
Services & spares285.8 127.1 95.3 508.2 
Total$1,712.4 $519.8 $443.6 $2,675.8 
Timing of Revenue Recognition:
Products and services transferred at a point in time$1,456.9 $394.4 $327.2 $2,178.5 
Products and services transferred over time255.5 125.4 116.4 497.3 
Total$1,712.4 $519.8 $443.6 $2,675.8 
Three months ended September 30, 2024
AmericasAsia PacificEurope, Middle East, & AfricaTotal
Sales by Product and Service Offering:
Products$957.0 $313.9 $344.7 $1,615.6 
Services & spares241.6 118.5 97.8 457.9 
Total$1,198.6 $432.4 $442.5 $2,073.5 
Timing of Revenue Recognition:
Products and services transferred at a point in time$893.7 $311.9 $247.5 $1,453.1 
Products and services transferred over time304.9 120.5 195.0 620.4 
Total$1,198.6 $432.4 $442.5 $2,073.5 
Nine months ended September 30, 2025
AmericasAsia PacificEurope, Middle East, & AfricaTotal
Sales by Product and Service Offering:
Products$3,705.7 $1,150.5 $1,041.4 $5,897.6 
Services & spares794.3 376.7 281.3 1,452.3 
Total$4,500.0 $1,527.2 $1,322.7 $7,349.9 
Timing of Revenue Recognition:
Products and services transferred at a point in time$3,787.0 $1,155.7 $968.6 $5,911.3 
Products and services transferred over time713.0 371.5 354.1 1,438.6 
Total$4,500.0 $1,527.2 $1,322.7 $7,349.9 

Nine months ended September 30, 2024
AmericasAsia PacificEurope, Middle East, & AfricaTotal
Sales by Product and Service Offering:
Products$2,565.2 $831.0 $974.1 $4,370.3 
Services & spares679.5 342.8 272.8 1,295.1 
Total$3,244.7 $1,173.8 $1,246.9 $5,665.4 
Timing of Revenue Recognition:
Products and services transferred at a point in time$2,448.0 $825.1 $692.4 $3,965.5 
Products and services transferred over time796.7 348.7 554.5 1,699.9 
Total$3,244.7 $1,173.8 $1,246.9 $5,665.4 
Schedule of Contract Assets, Liabilities and Deferred Revenue
The opening and closing balances of current and long-term deferred revenue as of September 30, 2025 and December 31, 2024 were as follows:
Balances at
September 30, 2025
Balances at December 31, 2024
Deferred revenue - current
$1,131.9 $1,063.3 
Deferred revenue - noncurrent(1)
106.2 91.3 
(1)    Noncurrent deferred revenue is recorded within “Other long-term liabilities” on the Unaudited Condensed Consolidated Balance Sheets.