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Allowance for Expected Credit Losses (Tables)
3 Months Ended
Mar. 31, 2025
Credit Loss [Abstract]  
Summary of Changes in Allowance for Expected Credit Losses for Trade Receivables
The following table presents the changes in the allowance for expected credit losses for our accounts receivables and short-term contract assets for the three months ended March 31, 2025 and 2024:
(Amounts in thousands)
Accounts receivables
Short-term contract assets
Beginning balance, January 1, 2025$79,059 $3,404 
Charges to cost and expenses, net of recoveries4,844 610 
Write-offs(158)(8)
Currency effects and other, net1,699 (9)
Ending balance, March 31, 2025$85,444 $3,997 
Beginning balance, January 1, 2024$80,013 $4,993 
Charges to cost and expenses, net of recoveries4,316 — 
Write-offs(4,642)(10)
Currency effects and other, net(1,382)
Ending balance, March 31, 2024$78,305 $4,986 
Summary of Changes in Allowance for Expected Credit Losses for Contract Assets
The following table presents the changes in the allowance for expected credit losses for our accounts receivables and short-term contract assets for the three months ended March 31, 2025 and 2024:
(Amounts in thousands)
Accounts receivables
Short-term contract assets
Beginning balance, January 1, 2025$79,059 $3,404 
Charges to cost and expenses, net of recoveries4,844 610 
Write-offs(158)(8)
Currency effects and other, net1,699 (9)
Ending balance, March 31, 2025$85,444 $3,997 
Beginning balance, January 1, 2024$80,013 $4,993 
Charges to cost and expenses, net of recoveries4,316 — 
Write-offs(4,642)(10)
Currency effects and other, net(1,382)
Ending balance, March 31, 2024$78,305 $4,986 
Summary of Changes in Allowance for Expected Credit Losses for Long-term Receivables The following table presents the changes in the allowance for long-term receivables for the three months ended March 31, 2025 and 2024:
(Amounts in thousands)20252024
Balance at January 1,$66,081 $66,864 
Currency effects and other, net(141)(507)
Balance at March 31,$65,940 $66,357