OTHER FINANCIAL INFORMATION

Contracts with Customers

The following table provides the Company's unbilled receivables and deferred revenues from contracts with customers:



(In millions)	December 28, 2018			September 28, 2018
Unbilled receivables - current	$	320.4		$	362.8
Unbilled receivables - long-term ⁽¹⁾	46.5			36.3
Deferred revenues - current	(738.6		)	(729.7		)
Deferred revenues - long-term ⁽²⁾	(76.9		)	(38.6		)
Total net unbilled receivables (deferred revenues)	$	(448.6	)	$	(369.2	)


⁽¹⁾	Included in other assets on the Company's Condensed Consolidated Balance Sheets.


⁽²⁾	Included in other long-term liabilities on the Company's Condensed Consolidated Balance Sheets.

During the three months ended December 28, 2018, unbilled receivables, net of deferred revenues, decreased by $79.4 million primarily due to the contractual timing of billings occurring after the revenues were recognized, as well as the timing of milestone payments.

During the three months ended December 28, 2018 and December 29, 2017, the Company recognized revenues of $213.4 million and $193.1 million, which were included in the deferred revenues balance at September 28, 2018 and September 29, 2017, respectively.

Unfulfilled Performance Obligations

The following table represents the Company's unfulfilled performance obligations as of December 28, 2018, and the estimated revenue expected to be recognized in the future related to these unfulfilled performance obligations:



	Fiscal years of revenue recognition
(In millions)	Remainder of 2019		2020		2021		Thereafter
Unfulfilled Performance Obligations	$	1,959.6	$	1,808.7	$	666.8	$	1,678.6

The table above includes both product and service unfulfilled performance obligations, which includes a component of service performance obligations which have not been invoiced. The fiscal years presented reflect management’s best estimate of when the Company will transfer control to the customer and may change based on timing of shipment, readiness of customers’ facilities for installation, installation requirements, and availability of products or customer acceptance terms.

Cash, Cash Equivalents, and Restricted Cash

The following table provides a reconciliation of the Company's cash, cash equivalents and restricted cash as of December 28, 2018 and September 28, 2018:



(In millions)	December 28, 2018		September 28, 2018
Cash and cash equivalents	$	616.0	$	504.8
Restricted cash - current ⁽¹⁾	4.0		3.1
Restricted cash - long-term ⁽²⁾	8.7		8.5
Total cash, cash equivalents and restricted cash	$	628.7	$	516.4


⁽¹⁾	Included in prepaid and other current assets on the Company's Condensed Consolidated Balance Sheets.


⁽²⁾	Included in other assets on the Company's Condensed Consolidated Balance Sheets.

Inventories

The following table summarizes the Company's inventories:



(In millions)	December 28, 2018		September 28, 2018
Raw materials and parts	$	330.0	$	304.1
Work-in-process	61.8		50.6
Finished goods	77.8		83.4
Total inventories	$	469.6	$	438.1

Other long-term liabilities

The following table summarizes the Company's other long-term liabilities:



(In millions)	December 28, 2018		September 28, 2018
Long-term income taxes payable	$	192.3	$	189.1
Deferred income taxes	29.2		31.4
Long-term deferred revenues	76.9		38.6
Other	57.4		65.2
Total other long-term liabilities	$	355.8	$	324.3

Other income (expense), net

The following table summarizes the Company's other income (expense), net:



	Three Months Ended
(In millions)	December 28, 2018			December 29, 2017
Gain on sale of privately-held company	$	22.0		$	—
Net foreign currency exchange gain	1.3			0.4
Other	(0.3		)	(0.6		)
Total other income (expense), net	$	23.0		$	(0.2	)