REVENUE (Tables)

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

The following table disaggregates revenue by business segment, product and service offering and timing of transfer of control:


	Three months ended June 30, 2022
	Americas		Asia Pacific		Europe, Middle East, & Africa		Total
Sales by Product and Service Offering:
Critical infrastructure & solutions	$	368.9	$	243.0	$	234.8	$	846.7
Services & spares	187.6		112.9		68.7		369.2
Integrated rack solutions	90.7		51.3		41.5		183.5
Total	$	647.2	$	407.2	$	345.0	$	1,399.4

Timing of revenue recognition:
Products and services transferred at a point in time	$	452.4	$	328.5	$	247.7	$	1,028.6
Products and services transferred over time	194.8		78.7		97.3		370.8
Total	$	647.2	$	407.2	$	345.0	$	1,399.4


	Three months ended June 30, 2021
	Americas		Asia Pacific		Europe, Middle East, & Africa		Total
Sales by Product and Service Offering:
Critical infrastructure & solutions	$	305.3	$	239.8	$	181.7	$	726.8
Services & spares	179.6		106.3		77.3		363.2
Integrated rack solutions	80.0		51.9		38.4		170.3
Total	$	564.9	$	398.0	$	297.4	$	1,260.3

Timing of revenue recognition:
Products and services transferred at a point in time	$	403.1	$	315.8	$	248.3	$	967.2
Products and services transferred over time	161.8		82.2		49.1		293.1
Total	$	564.9	$	398.0	$	297.4	$	1,260.3


	Six months ended June 30, 2022
	Americas		Asia Pacific		Europe, Middle East, & Africa		Total
Sales by Product and Service Offering:
Critical infrastructure & solutions	$	663.2	$	426.8	$	421.6	$	1,511.6
Services & spares	352.3		217.5		133.6		703.4
Integrated rack solutions	166.8		95.7		78.3		340.8
Total	$	1,182.3	$	740.0	$	633.5	$	2,555.8

Timing of revenue recognition:
Products and services transferred at a point in time	$	830.5	$	584.9	$	452.7	$	1,868.1
Products and services transferred over time	351.8		155.1		180.8		687.7
Total	$	1,182.3	$	740.0	$	633.5	$	2,555.8


	Six months ended June 30, 2021
	Americas		Asia Pacific		Europe, Middle East, & Africa		Total
Sales by Product and Service Offering:
Critical infrastructure & solutions	$	584.8	$	455.8	$	314.1	$	1,354.7
Services & spares	333.7		201.8		149.4		684.9
Integrated rack solutions	147.9		97.8		73.4		319.1
Total	$	1,066.4	$	755.4	$	536.9	$	2,358.7

Timing of revenue recognition:
Products and services transferred at a point in time	$	763.6	$	597.4	$	443.3	$	1,804.3
Products and services transferred over time	302.8		158.0		93.6		554.4
Total	$	1,066.4	$	755.4	$	536.9	$	2,358.7

Schedule of Contract Assets, Liabilities and Deferred Revenue

The opening and closing balances of current and long-term contract assets and current and long-term deferred revenue as of June 30, 2022 and December 31, 2021 were as follows:


	Balances at June 30, 2022		Balances at December 31, 2021

Deferred revenue - current (1)	$	281.4	$	238.9
Deferred revenue - noncurrent (2)	47.1		59.9
Other contract liabilities - current (1)	49.2		52.1

(1) Current deferred revenue and contract liabilities are included within “Accrued expenses and other liabilities” on the Unaudited Condensed Consolidated Balance Sheets.

(2) Noncurrent deferred revenue is recorded within “Other long-term liabilities” on the Unaudited Condensed Consolidated Balance Sheets.