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Allowance for Expected Credit Losses (Tables)
6 Months Ended
Jun. 30, 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 receivable and short-term contract assets for the six months ended June 30, 2025 and 2024:
(Amounts in thousands)Trade receivablesContract assets
Beginning balance, January 1, 2025$79,059 $3,404 
Charges to cost and expenses, net of recoveries8,617 1,076 
Write-offs(722)(91)
Currency effects and other, net4,957 188 
Ending balance, June 30, 2025$91,911 $4,577 
Beginning balance, January 1, 2024$80,013 $4,993 
Charges to cost and expenses, net of recoveries8,447 212 
Write-offs(5,463)(271)
Currency effects and other, net(2,406)(119)
Ending balance, June 30, 2024$80,591 $4,815 
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 receivable and short-term contract assets for the six months ended June 30, 2025 and 2024:
(Amounts in thousands)Trade receivablesContract assets
Beginning balance, January 1, 2025$79,059 $3,404 
Charges to cost and expenses, net of recoveries8,617 1,076 
Write-offs(722)(91)
Currency effects and other, net4,957 188 
Ending balance, June 30, 2025$91,911 $4,577 
Beginning balance, January 1, 2024$80,013 $4,993 
Charges to cost and expenses, net of recoveries8,447 212 
Write-offs(5,463)(271)
Currency effects and other, net(2,406)(119)
Ending balance, June 30, 2024$80,591 $4,815 
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 six months ended June 30, 2025 and 2024:
(Amounts in thousands)20252024
Beginning balance, January 1,$66,081 $66,864 
Currency effects and other, net(251)(969)
 Ending balance, June 30,$65,830 $65,895