Revenue Recognition

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue Recognition

Transaction Price Allocated to Future Performance Obligations

As of June 30, 2022, other than contracts for which the Company has applied the practical expedients, the aggregate amount of transaction price allocated to future performance obligations was not material to our consolidated revenues.

Contract Balances from Contracts with Customers

The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers.

(In thousands)	June 30, 2022		December 31, 2021
Balances from contracts with customers:
Accounts receivable (including long-term receivables within Other assets)	$	986,278	$	1,106,225
Contract assets, short-term (included in Prepaid expenses and other current assets)	169,653		69,351
Contract assets, long-term (included in Other assets)	2,086		29,323
Contract liabilities, short-term (Deferred revenue)	243,734		167,071
Contract liabilities, long-term (Deferred revenue included in Other liabilities)	58		31,832

Revenue recognized for the six months ended June 30, 2022 and 2021 relating to the contract liability at December 31, 2021 and 2020 was $45.7 million and $17.7 million, respectively.