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REVENUE
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
REVENUE
(3) REVENUE
The Company recognizes revenue from the sale of manufactured products and services when control of promised goods or services are transferred to customers in an amount that reflects the consideration the Company expects to be entitled to receive in exchange for those goods or services.
Disaggregation of Revenues
The following table disaggregates revenue by business segment, product and service offering and timing of transfer of control:
Three months ended March 31, 2023
AmericasAsia PacificEurope, Middle East, & AfricaTotal
Sales by Product and Service Offering:
Critical infrastructure & solutions$561.4 $168.3 $225.0 $954.7 
Services & spares188.4 104.1 78.1 370.6 
Integrated rack solutions112.5 40.6 42.7 195.8 
Total$862.3 $313.0 $345.8 $1,521.1 
Timing of revenue recognition:
Products and services transferred at a point in time$652.1 $230.0 $256.3 $1,138.4 
Products and services transferred over time210.2 83.0 89.5 382.7 
Total$862.3 $313.0 $345.8 $1,521.1 
Three months ended March 31, 2022
AmericasAsia PacificEurope, Middle East, & AfricaTotal
Sales by Product and Service Offering:
Critical infrastructure & solutions$294.3 $183.8 $186.8 $664.9 
Services & spares164.7 104.6 64.9 334.2 
Integrated rack solutions76.1 44.4 36.8 157.3 
Total$535.1 $332.8 $288.5 $1,156.4 
Timing of revenue recognition:
Products and services transferred at a point in time$378.1 $256.4 $221.7 $856.2 
Products and services transferred over time157.0 76.4 66.8 300.2 
Total$535.1 $332.8 $288.5 $1,156.4 
The opening and closing balances of current and long-term contract assets and current and long-term deferred revenue as of March 31, 2023 and December 31, 2022 were as follows:
Balances at March 31, 2023
Balances at December 31, 2022
Deferred revenue - current
$502.9 $358.7 
Deferred revenue - noncurrent (1)
45.7 49.5 
(1)    Noncurrent deferred revenue is recorded within “Other long-term liabilities” on the Unaudited Condensed Consolidated Balance Sheets.
Deferred revenue - noncurrent consists primarily of maintenance, extended warranty and other service contracts. The Company expects to recognize noncurrent deferred revenue of $23.8, $13.2 and $8.7 in the next 13 to 24 months, the next 25 to 36 months, and thereafter, respectively.