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Revenue
 3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The Company’s disaggregated net revenue by category and geographic region were as follows:
Three Months Ended March 31,
20242023
(in millions)
Net revenue by category:
Payment network$3,920 $3,650 
Value-added services and solutions2,428 2,098 
Net revenue$6,348 $5,748 
Net revenue by geographic region:
Americas 1
$2,773 $2,537 
Asia Pacific, Europe, Middle East and Africa
3,575 3,211 
Net revenue$6,348 $5,748 
1Americas includes the United States, Canada and Latin America. Prior period amounts have been reclassified to conform to the new presentation.
The Company’s customers are generally billed weekly, with certain billings occurring on a monthly and quarterly basis. The frequency of billing is dependent upon the nature of the performance obligation and the underlying contractual terms. The Company does not typically offer extended payment terms to customers. The following table sets forth the location of the amounts recognized on the consolidated balance sheet from contracts with customers:
March 31,
2024		December 31,
2023
(in millions)
Receivables from contracts with customers
Accounts receivable
$3,989 $3,851 
Contract assets
Prepaid expenses and other current assets157 133 
Other assets409 387 
Deferred revenue 1
Other current liabilities632 459 
Other liabilities346 318 
1    Revenue recognized from performance obligations satisfied during the three months ended March 31, 2024 was $510 million