Revenues from Contracts (Tables)

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

	Three Months Ended March 31,
	2020		2019
Software and related services	$	668.5	$	576.8
Engineered products and related services	682.2		710.4
Net revenues	$	1,350.7	$	1,287.2

Contract Balances

Contract balances

Balance Sheet Account	March 31, 2020		December 31, 2019		Change
Unbilled receivables	$	225.3	$	183.5	$	41.8
Contract liabilities - current (1)	(836.0)		(840.8)		4.8
Deferred revenue - non-current (2)	(32.6)		(33.2)		0.6
Net contract assets/(liabilities)	$	(643.3)	$	(690.5)	$	47.2

⁽¹⁾ Consists of “Deferred revenue,” and billings in-excess of revenues (“BIE”). BIE is reported in “Other accrued liabilities” in our Condensed Consolidated Balance Sheets.

⁽²⁾ The non-current portion of deferred revenue is included in “Other liabilities” in our Condensed Consolidated Balance Sheets.