Recent Accounting Pronouncements Recent Accounting Pronouncements (Tables)

9 Months Ended

Sep. 30, 2018

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

Information about disaggregated revenue by major service line and timing of revenue recognition

The following table provides information about disaggregated revenue by major service line, the timing of revenue recognition and a reconciliation of the disaggregated revenue by reportable segments. Refer to Note 3 – Segment Reporting for additional information on the Company's reportable segments.



(in millions)	Three Months Ended September 30, 2018		Nine Months Ended September 30, 2018
Commercial Industries:
Omni-channel communications	$	212	$	636
Human resource services	184		562
Industry services	228		719
Non-core	103		335
Total Commercial Industries	727		2,252
Public Sector:
Government services and health	336		1,006
Transportation services	184		541
Total Public Sector	520		1,547
Other:
Divestitures	56		298
Education	1		14
Total Other	57		312
Total Consolidated Revenue	$	1,304	$	4,111

Timing of Revenue Recognition:
Point in time	$	33	$	103
Over time	1,271		4,008
Total Revenue	$	1,304	$	4,111

Information about the balances of contract assets, unearned income and receivables from contracts with customers

The following table provides information about the balances of the Company's contract assets, unearned income and receivables from contracts with customers:



(in millions)	September 30, 2018			January 1, 2018
Contract Assets (Unearned Income)
Current contract assets⁽¹⁾	$	191		$	191
Long-term contract assets⁽²⁾	6			2
Current unearned income	(119		)	(128		)
Long-term unearned income⁽³⁾	(34		)	(46		)
Net Contract Assets (Unearned Income)	$	44		$	19
Accounts receivable, net	$	951		$	908

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(1)	Prior to the adoption of the new revenue standard, these amounts were recorded in Accounts receivable, net and represented unbilled amounts.


(2)	Presented in Other long-term assets in the Condensed Consolidated Balance Sheets


(3)	Presented in Other long-term liabilities in the Condensed Consolidated Balance Sheets