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Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents a disaggregation of revenue:
Three Months Ended September 30,Nine Months Ended September 30,
in millions2022202120222021
Americas
Recurring $207 $210 $668 $661 
Perpetual software licenses, hardware and other20 16 
Consulting services30 34 93 109 
Total Americas242 249 781 786 
EMEA
Recurring77 90 241 277 
Perpetual software licenses, hardware and other10 20 30 
Consulting services22 33 76 101 
Total EMEA105 133 337 408 
APJ
Recurring47 52 153 162 
Perpetual software licenses, hardware and other12 
Consulting services20 23 64 74 
Total APJ70 78 225 248 
Total Revenue$417 $460 $1,343 $1,442 
Schedule of Rental Revenue
Rental revenue, which is included in recurring revenue in the above table, was as follows:
Three Months Ended September 30,Nine Months Ended September 30,
in millions2022202120222021
Rental revenue* $45 $36 $140 $123 
*Rental revenue includes hardware maintenance.
Schedule of Assets and Liabilities Related to Contracts with Customers
The following table provides information about receivables, contract assets and deferred revenue from contracts with customers:
As of
in millionsSeptember 30, 2022December 31, 2021
Accounts receivable, net$253 $336 
Contract assets$$10 
Current deferred revenue$462 $552 
Long-term deferred revenue$14 $27 
Schedule of Estimated Revenue Expected to be Recognized in the Future
The following table includes estimated revenue expected to be recognized in the future related to the Company's unsatisfied (or partially satisfied) obligations at September 30, 2022:
in millionsTotal at September 30, 2022Year 1Year 2 and Thereafter
Remaining unsatisfied obligations$2,066 $1,332 $734