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Revenue Recognition (Tables)
 9 Months Ended
Sep. 30, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue The following table presents our customer revenues disaggregated by revenue source:
Three Months Ended September 30, 2020
(Amounts in thousands)FPDFCDTotal
Original Equipment$280,951 $198,472 $479,423 
Aftermarket388,584 56,294 444,878 
$669,535 $254,766 $924,301 
Three Months Ended September 30, 2019
FPDFCDTotal
Original Equipment$256,664 $251,447 $508,111 
Aftermarket426,134 61,464 487,598 
$682,798 $312,911 $995,709 

Nine Months Ended September 30, 2020
(Amounts in thousands)FPDFCDTotal
Original Equipment$805,150 $588,448 $1,393,598 
Aftermarket1,173,065 176,163 1,349,228 
$1,978,215 $764,611 $2,742,826 
Nine Months Ended September 30, 2019
FPDFCDTotal
Original Equipment$706,092 $710,144 $1,416,236 
Aftermarket1,259,431 195,850 1,455,281 
$1,965,523 $905,994 $2,871,517 

Our customer sales are diversified geographically. The following table presents our revenues disaggregated by geography, based on the shipping addresses of our customers:
Three Months Ended September 30, 2020
(Amounts in thousands)FPDFCDTotal
North America(1)$245,282 $96,435 $341,717 
Latin America(1)47,346 6,065 53,411 
Middle East and Africa 83,330 29,045 112,375 
Asia Pacific151,227 66,836 218,063 
Europe142,350 56,385 198,735 
$669,535 $254,766 $924,301 
Three Months Ended September 30, 2019
FPDFCDTotal
North America(1)$279,583 $133,881 $413,464 
Latin America(1)51,338 7,682 59,020 
Middle East and Africa87,982 23,721 111,703 
Asia Pacific129,047 85,952 214,999 
Europe134,848 61,675 196,523 
$682,798 $312,911 $995,709 
Nine Months Ended September 30, 2020
(Amounts in thousands)FPDFCDTotal
North America (1)$782,403 $326,271 $1,108,674 
Latin America(1)136,443 18,480 154,923 
Middle East and Africa 277,231 77,404 354,635 
Asia Pacific391,796 185,946 577,742 
Europe390,342 156,510 546,852 
$1,978,215 $764,611 $2,742,826 
Nine Months Ended September 30, 2019
FPDFCDTotal
North America (1)$797,092 $401,921 $1,199,013 
Latin America(1)134,716 23,574 158,290 
Middle East and Africa249,694 69,484 319,178 
Asia Pacific367,204 223,864 591,068 
Europe416,817 187,151 603,968 
$1,965,523 $905,994 $2,871,517 
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(1) North America represents the United States and Canada; Latin America includes Mexico.
Contract liabilities
The following tables present beginning and ending balances of contract assets and contract liabilities, current and long-term, for the nine months ended September 30, 2020 and 2019:
(Amounts in thousands) Contract Assets, net (Current)Long-term Contract Assets, net(1)Contract Liabilities (Current)Long-term Contract Liabilities(2)
Beginning balance, January 1, 2020$272,914 9,280 $221,095 $1,652 
Revenue recognized that was included in contract liabilities at the beginning of the period— — (159,376)(1,198)
Revenue recognized in the period in excess of billings654,967 — — — 
Billings arising during the period in excess of revenue recognized— — 137,986 309 
Amounts transferred from contract assets to receivables(606,564)191 — — 
Currency effects and other, net(11,187)(6,585)(1,325)15 
Ending balance, September 30, 2020$310,130 $2,886 $198,380 $778 
(Amounts in thousands)Contract Assets, net (Current)Long-term Contract Assets, net(1)Contract Liabilities (Current)Long-term Contract Liabilities(2)
Beginning balance, January 1, 2019$229,297 $10,967 $201,702 $1,370 
Revenue recognized that was included in contract liabilities at the beginning of the period— — (129,265)— 
Revenue recognized in the period in excess of billings584,784 — — — 
Billings arising during the period in excess of revenue recognized— — 148,552 — 
Amounts transferred from contract assets to receivables(544,533)(3,414)— — 
Currency effects and other, net(11,249)539 3,254 248 
Ending balance, September 30, 2019$258,299 $8,092 $224,243 $1,618 
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(1) Included in other assets, net.
(2) Included in retirement obligations and other liabilities.