Revenues from Contracts (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Software and related services	$	655.5	$	594.7	$	1,324.0	$	1,171.5
Engineered products and related services	649.5		735.6		1,331.7		1,446.0
Net revenues	$	1,305.0	$	1,330.3	$	2,655.7	$	2,617.5

Contract Balances

Contract balances

Balance Sheet Account	June 30, 2020		December 31, 2019		Change
Unbilled receivables	$	225.1	$	183.5	$	41.6
Contract liabilities - current (1)	(837.8)		(840.8)		3.0
Deferred revenue - non-current (2)	(31.7)		(33.2)		1.5
Net contract assets/(liabilities)	$	(644.4)	$	(690.5)	$	46.1

⁽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.