Revenue Recognition

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue Recognition

Transaction Price Allocated to Future Performance Obligations

As of March 31, 2023, 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)	March 31, 2023		December 31, 2022
Balances from contracts with customers:
Accounts receivable (including long-term receivables within Other assets)	$	882,396	$	1,003,505
Contract assets, short-term (included in Prepaid expenses and other current assets)	6,882		48,594
Contract liabilities, short-term (Deferred revenue)	70,785		134,883
Contract liabilities, long-term (Deferred revenue included in Other liabilities)	88		683

Revenue recognized for the three months ended March 31, 2023 and 2022 relating to the contract liability at December 31, 2022 and 2021 was $82.6 million and $29.4 million, respectively.