REVENUE (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Revenue from External Customers by Geographic Areas

The following table shows revenue from contracts with customers, revenue from leases and total revenue from continuing operations, disaggregated by geography, for 2023, 2022 and 2021:


(In thousands)	Revenue from contracts with customers		Revenue from leases		Total Revenue
Year Ended December 31, 2023
U.S.(1)	$	747,959	$	664,492	$	1,412,451
Europe(2)	607,214		12,343		619,557
Other(3)	72,998		22,134		95,132
Total	$	1,428,171	$	698,969	$	2,127,140

Year Ended December 31, 2022
U.S.(1)	$	698,250	$	663,704	$	1,361,954
Europe(2)	552,190		13,929		566,119
Other(3)	64,864		21,091		85,955
Total	$	1,315,304	$	698,724	$	2,014,028

Year Ended December 31, 2021
U.S.(1)	$	568,231	$	605,389	$	1,173,620
Europe(2)	503,398		14,592		517,990
Other(3)	56,634		20,514		77,148
Total	$	1,128,263	$	640,495	$	1,768,758

(1)U.S. revenue, which also includes an immaterial amount of revenue derived from airport displays in the Caribbean, is comprised of revenue from the Company’s America and Airports segments.

(2)Europe revenue is comprised of revenue from the Company’s Europe-North segment. Europe total revenue for 2023, 2022 and 2021 includes revenue from the U.K. of $253.8 million, $229.7 million and $224.7 million, respectively.

(3)Other includes the Company’s businesses in Latin America and Singapore.

Contract with Customer, Asset and Liability

The following table shows the Company’s beginning and ending accounts receivable and deferred revenue balances from contracts with customers:


(In thousands)	Year Ended December 31,
	2023(1)		2022		2021
Accounts receivable, net of allowance, from contracts with customers:
Beginning balance	$	317,560	$	322,789	$	214,656
Ending balance	361,039		317,560		322,789

Deferred revenue from contracts with customers:
Beginning balance	$	23,596	$	31,519	$	26,042
Ending balance	25,613		23,596		31,519

(1)The increases in the accounts receivable and deferred revenue balances from contracts with customers in 2023 were driven by higher sales and billings, primarily in the Company’s Airports segment.

Operating Lease, Lease Income

As of December 31, 2023, future lease payments to be received by the Company were as follows:


(In thousands)
Future lease payments to be received:
2024	$	381,502
2025	33,913
2026	12,456
2027	3,883
2028	1,709
Thereafter	2,938
Total	$	436,401