XML 55 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Deferred Revenue And Performance Obligations
 6 Months Ended
Jun. 29, 2018
Revenue Recognition and Deferred Revenue [Abstract]  
Deferred Revenue Disclosure [Text Block]
DEFERRED REVENUE AND REMAINING PERFORMANCE OBLIGATIONS
Deferred Revenue
Changes in the Company’s deferred revenue during the second quarter and first two quarters of fiscal 2018 and 2017 are as follows: 
  
Second Quarter of
 
First Two Quarters of
(In millions)
2018
 
2017
 
2018
 
2017
 
 
 
*As Adjusted
 
 
 
*As Adjusted
Beginning balance of the period
$
360.4

 
$
302.5

 
$
276.6

 
246.4

Revenue recognized
(62.2
)
 
(54.7
)
 
(160.2
)
 
(142.5
)
Acquired deferred revenue
1.4

 
0.6

 
23.7

 
4.6

Net deferred revenue activity
56.6

 
58.9

 
216.1

 
198.8

Ending balance of the period
356.2

 
307.3

 
356.2

 
307.3


* See Note 2 for a summary of adjustments
Remaining Performance Obligations
As of the end of the second quarter of fiscal 2018, approximately $1.0 billion of revenue is expected to be recognized from remaining performance obligations for which goods or services have not been delivered, primarily hardware, subscription, software maintenance and professional services contracts. The Company expects to recognize revenue of approximately 74% and 15% on these remaining performance obligations over the next 12 and 24 months, respectively, with the remainder recognized thereafter.