Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table provides information about disaggregated revenue by major geographical region:

(in Millions)	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
North America (1)	$	14.7	$	18.6	$	29.5	$	34.4
Latin America	—		0.3		0.1		1.0
Europe, Middle East & Africa	11.2		17.6		22.5		32.9
Asia Pacific (1)	39.0		77.5		81.3		144.0
Total Revenue	$	64.9	$	114.0	$	133.4	$	212.3

(1)During the three months ended June 30, 2020, countries with sales in excess of 10% of combined revenue consisted of Japan and the U.S. Sales for the three months ended June 30, 2020 for Japan and the U.S. totaled $26.6 million and $14.5 million, respectively. During the three months ended June 30, 2019, countries with sales in excess of 10% of combined revenue consisted of Japan, the U.S. and China. Sales for the three months ended June 30, 2019 for Japan, the U.S. and China totaled $43.8 million, $18.1 million and $24.9 million, respectively. During the six months ended June 30, 2020, countries with sales in excess of 10% of combined revenue consisted of Japan and the U.S. Sales for the six months ended June 30, 2020 for Japan and the U.S. totaled $57.7 million and $29.1 million, respectively. During the six months ended June 30, 2019, countries with sales in excess of 10% of combined revenue consisted of Japan, the U.S. and China and totaled $91.8 million, $33.8 million, and $32.9 million, respectively.

The following table provides information about disaggregated revenue by major product category:

(in Millions)	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Lithium Hydroxide	$	33.8	$	68.4	$	71.5	$	125.3
Butyllithium	21.3		24.7		42.8		51.6
High Purity Lithium Metal and Other Specialty Compounds	4.2		14.1		12.2		27.1
Lithium Carbonate and Lithium Chloride	5.6		6.8		6.9		8.3
Total Revenue	$	64.9	$	114.0	$	133.4	$	212.3

Receivables and Contract Liabilities

The following table presents the opening and closing balances of our receivables, net of allowances. As of June 30, 2020 and December 31, 2019, there were no contract liabilities from contract with customers.

(in Millions)	Balance as of June 30, 2020		Balance as of December 31, 2019		Increase (Decrease)
Receivables from contracts with customers, net of allowances	$	55.7	$	90.0	$	(34.3)