(7) Deferred Revenue
Deferred revenue is comprised of deferred maintenance, license and professional services revenue. Deferred maintenance and professional services revenues are not recorded on arrangements with trade payment terms until the related maintenance or professional services fees have been collected. The components of deferred revenue at March 31, 2013 and 2012 were:
March 31, | ||||||||
2013 | 2012 | |||||||
(In millions) | ||||||||
Current: |
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License |
$ | 319.6 | $ | 328.0 | ||||
Maintenance |
686.5 | 699.1 | ||||||
Professional services |
32.5 | 32.4 | ||||||
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Total current deferred revenue |
1,038.6 | 1,059.5 | ||||||
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Long-term: |
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License |
374.4 | 362.7 | ||||||
Maintenance |
560.1 | 568.1 | ||||||
Professional services |
2.2 | 3.6 | ||||||
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Total long-term deferred revenue |
936.7 | 934.4 | ||||||
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Total deferred revenue |
$ | 1,975.3 | $ | 1,993.9 | ||||
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