Revenue Disaggregation

6 Months Ended

Jun. 30, 2020

Revenue From Contract With Customer [Abstract]

Revenue Disaggregation

13. REVENUE DISAGGREGATION

The Company’s disaggregated revenue for the three and six month periods ended June 30, 2020 and June 30, 2019, were as follows.

Net Sales by Products	Three months ended June 30				Six months ended June 30
(Dollars in millions)	2020		2019		2020		2019
Airbag Products and Other1)	$	653.8	$	1,435.7	$	1,855.9	$	2,883.4
Seatbelt Products1)		393.8		719.0		1,037.5		1,445.3
Total net sales	$	1,047.6	$	2,154.7	$	2,893.4	$	4,328.7
1) Including Corporate and other sales.
Net Sales by Region	Three months ended June 30				Six months ended June 30
(Dollars in millions)	2020		2019		2020		2019
China	$	366.4	$	349.5	$	563.9	$	680.0
Japan		104.6		191.1		307.6		399.2
Rest of Asia		116.9		217.1		313.6		429.3
Americas		213.4		758.1		885.5		1,501.1
Europe		246.3		638.9		822.8		1,319.1
Total net sales	$	1,047.6	$	2,154.7	$	2,893.4	$	4,328.7

Contract balances

Contract assets relate to the Company's rights to consideration for work completed but not billed (generally in conjunction with contracts for which revenue is recognized over time) at the reporting date on production parts and is included in Other current assets on the Condensed Consolidated Balance Sheet. The contract assets are reclassified into the receivables balance when the rights to receive payments become unconditional. The net change in the contract assets balance, reflecting the adjustments needed to align revenue recognition for work completed but not billed, for the three and six month periods ended June 30, 2020 and June 30, 2019, were not material.