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Contract Assets and Contract Liabilities (Tables)
9 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Net Contract Assets (Liabilities)
Significant changes during the three and nine months ended September 30, 2019 and 2018 in the above contract asset and liability balances were as follows:
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2019
 
2018
 
2019
 
2018
Revenue recognized that was included in deferred revenue at December 31, 2018
$
46.0

 
 
 
$
236.6

 
 
Revenue recognized that was included in deferred revenue at December 31, 2017
 
 
$
64.6

 
 
 
$
255.5


Net contract assets (liabilities) as of September 30, 2019 and December 31, 2018 are as follows:
 
September 30, 2019
 
December 31, 2018
Contract assets - current
$
38.3

 
$
29.7

Contract assets - long-term(i)
22.4

 
22.2

Deferred revenue - current
(236.0
)
 
(294.4
)
Deferred revenue - long-term
(142.4
)
 
(157.2
)
(i)Reported in other long-term assets on the company’s consolidated balance sheets