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Revenue Recognition
3 Months Ended
Mar. 31, 2020
Revenue From Contract With Customer [Abstract]  
Revenue Recognition

Note 5. Revenue Recognition

Disaggregated Revenue

Revenues by channel are as follows:

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2020

 

 

2019

 

U.S. and Canada

 

$

576

 

 

$

536

 

EMEA (1)

 

 

114

 

 

 

115

 

APAC (2)

 

 

14

 

 

 

14

 

ADI Global Distribution

 

 

704

 

 

 

665

 

Comfort

 

 

230

 

 

 

272

 

Security

 

 

122

 

 

 

132

 

Residential Thermal Solutions

 

 

123

 

 

 

147

 

Products & Solutions

 

 

475

 

 

 

551

 

Net revenue

 

$

1,179

 

 

$

1,216

 

 

(1)

EMEA represents Europe, the Middle East and Africa.

(2)

APAC represents Asia and Pacific countries.

 

The Company recognizes the majority of its revenue from performance obligations outlined in contracts with its customers that are satisfied at a point in time. Less than 3% of the Company’s revenue is satisfied over time. As of March 31, 2020, and 2019 contract assets and liabilities are not material.