Revenue from Contracts with Customers (Tables)

3 Months Ended

Jun. 30, 2018

Revenue from Contract with Customer [Abstract]

The disaggregation of revenue by region, type of performance obligation, timing of revenue recognition, and segment was as follows:



(in millions)	Three Months Ended June 30, 2018
Revenue by region:
United States	$	572
EMEA ⁽¹⁾	229
Other	137
Total revenue	$	938

Revenue by type of performance obligation:
Perpetual licenses	$	76
Renewable:
On-premise term licenses	193
Maintenance	487
SaaS	114
Professional services	68
Total revenue	$	938

Timing of revenue recognition:
Point-in-time, including professional services	$	337
Over time	601
Total revenue	$	938

Revenue by segment:
Mainframe Solutions	$	440
Enterprise Solutions	430
Services	68
Total revenue	$	938


(1)	Consists of Europe, the Middle East and Africa.

Contract balances

The Company’s contract assets and deferred revenue balances for the periods indicated below were as follows:



(in millions)	Contract Assets		Deferred Revenue
Balance at April 1, 2018	$	931	$	1,751
Balance at June 30, 2018	$	914	$	1,589

Transaction price allocated to remaining performance obligations

The following table discloses the aggregate amount of the transaction price and advanced payments allocated to remaining performance obligations as of the end of the reporting period, and when the Company expects to recognize the revenue.



(in millions)	12 months or less		Greater than 12 months ⁽¹⁾
Perpetual licenses	$	8	$	13
Renewable:
On-premise term licenses	$	160	$	80
Maintenance	$	1,504	$	1,727
SaaS	$	336	$	235
Professional services	$	66	$	34
Material rights	$	2	$	176


(1)	Of the amount of performance obligations greater than 12 months, the portion that is 2 to 3 years is approximately $1.8 billion and the remaining amount is generally between 4 and 5 years.