Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2025

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

	Three Months Ended June 30, 2025				Six Months Ended June 30, 2025
	Total Revenue		Adjustments for Non-ASC 606 Revenue(1)	Total Revenue from Contracts with Customers	Total Revenue	Adjustments for Non-ASC 606 Revenue(1)	Total Revenue from Contracts with Customers
	(Dollars in millions)
Grow	$	1,000	(178)	822	2,004	(356)	1,648
Nurture	341		(3)	338	701	(6)	695
Harvest	177		—	177	357	—	357
Other	40		—	40	71	—	71
Affiliate Services	68		(68)	—	140	(140)	—
Total revenue	$	1,626	(249)	1,377	3,273	(502)	2,771

	Three Months Ended June 30, 2024				Six Months Ended June 30, 2024
	Total Revenue		Adjustments for Non-ASC 606 Revenue(1)	Total Revenue from Contracts with Customers	Total Revenue	Adjustments for Non-ASC 606 Revenue(1)	Total Revenue from Contracts with Customers
	(Dollars in millions)
Grow	$	929	(152)	777	1,850	(277)	1,573
Nurture	383		(4)	379	768	(8)	760
Harvest	184		—	184	379	—	379
Other	43		—	43	73	—	73
Affiliate Services	61		(61)	—	120	(120)	—
Total revenue	$	1,600	(217)	1,383	3,190	(405)	2,785

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(1)Includes lease revenue which is not within the scope of ASC 606.

Contract with customer, asset and liability

The following table provides balances of customer receivables, contract assets and contract liabilities:

	June 30, 2025		December 31, 2024
	(Dollars in millions)
Customer receivables, less allowance of $11 and $12	$	623	529
Contract assets	11		12
Contract liabilities	234		267

Capitalized contract cost

The following tables provide changes in our contract acquisition costs and fulfillment costs:

	Three Months Ended June 30, 2025			Six Months Ended June 30, 2025
	Acquisition Costs		Fulfillment Costs	Acquisition Costs	Fulfillment Costs
	(Dollars in millions)
Balance at beginning of period	$	82	133	77	127
Costs incurred	9		30	27	57
Amortization	(13)		(22)	(26)	(43)
Balance at end of period	$	78	141	78	141

	Three Months Ended June 30, 2024			Six Months Ended June 30, 2024
	Acquisition Costs		Fulfillment Costs	Acquisition Costs	Fulfillment Costs
	(Dollars in millions)
Balance at beginning of period	$	70	99	70	97
Costs incurred	12		35	24	52
Amortization	(12)		(18)	(24)	(33)
Balance at end of period	$	70	116	70	116