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REVENUES (Tables)
3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction Our remaining performance obligations primarily consist of the fixed consideration contained in our contracts. As of March 31, 2021, our total remaining performance obligation was $5.8 billion, of which we expect to recognize 9% for the remainder of 2021 and 11% in 2022.
Contract with Customer, Asset and Liability
The following table reflects the balance in our contract assets, which we classify as Accounts receivable - unbilled and present net in Receivables, and our contract liabilities, which we classify as deferred revenue and present in Accrued expenses and other current liabilities in our condensed consolidated balance sheets (in millions):
March 31, 2021December 31, 2020
Unbilled receivables$26 $23 
Deferred revenue$19 $17