Contracts in Progress
|3 Months Ended|
Mar. 31, 2023
|Revenue from Contract with Customer [Abstract]|
|Contracts in Progress||Contracts in Progress
Costs and billings on uncompleted construction-type contracts consist of the following (in millions):
The carrying amounts related to uncompleted construction-type contracts are included in the accompanying Condensed Consolidated Balance Sheets under the following captions (in millions):
(1)Included in other assets within the Condensed Consolidated Balance Sheets.
(2)Included in deferred contract revenue – current within the Condensed Consolidated Balance Sheets.
(3)Included in other liabilities within the Condensed Consolidated Balance Sheets.For the three months ended March 31, 2023 the Company has recognized revenue of $9.4 million related to the contract liabilities balance as of December 31, 2022.
The entire disclosure for long-term contracts or programs.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef