XML 45 R32.htm IDEA: XBRL DOCUMENT v3.22.2.2
Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue
The following table provides information about disaggregated revenue by major geographical region:
Three Months Ended September 30,Nine Months Ended September 30,
(in Millions)2022202120222021
North America$241.2 $199.8 $995.6 $791.3 
Latin America697.1 516.9 1,394.5 1,019.7 
Europe, Middle East & Africa (EMEA)150.7 171.4 829.7 843.7 
Asia288.2 305.9 960.5 976.9 
Total Revenue$1,377.2 $1,194.0 $4,180.3 $3,631.6 

The following table provides information about disaggregated revenue by product category:
Three Months Ended September 30,Nine Months Ended September 30,
(in Millions)2022202120222021
Insecticides$872.3 $792.3 $2,536.1 $2,221.1 
Herbicides323.6 262.3 1,108.3 954.8 
Fungicides75.3 63.4 247.3 248.4 
Plant Health53.2 53.5 169.3 155.8 
Other52.8 22.5 119.3 51.5 
Total Revenue$1,377.2 $1,194.0 $4,180.3 $3,631.6 
Receivables and contract liabilities
The following table presents the opening and closing balances of our receivables, net of allowances and contract liabilities from contracts with customers:
(in Millions)Balance as of December 31, 2021Balance as of September 30, 2022Increase (Decrease)
Receivables from contracts with customers, net of allowances (1)
$2,641.1 $2,664.5 $23.4 
Contract liabilities: Advance Payments from customers630.7 3.3 (627.4)
____________________ 
(1)     Amount includes $2,599.9 million of trade receivables and $64.6 million of net long-term customer receivables as of September 30, 2022. See Note 6 for more information.