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Net Sales
12 Months Ended
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]  
Net Sales
Net Sales
The following table shows disaggregated net sales from contracts with customers by major source for the year ended December 31, 2018:
 
 
 
Europe, Middle East
 
 
 
 
(In millions)
Americas
 
and Africa
 
Asia Pacific
 
Total
Tire unit sales
$
6,417

 
$
4,771

 
$
2,009

 
$
13,197

Other tire and related sales
620

 
278

 
127

 
1,025

Retail services and service related sales
564

 
34

 
77

 
675

Chemical
554

 

 

 
554

Other
13

 
7

 
4

 
24

Net Sales by reportable segment
$
8,168

 
$
5,090

 
$
2,217

 
$
15,475


Tire unit sales consist of consumer, commercial, farm and off-the-road tire sales, including the sale of new Company-branded tires through Company-owned retail channels. Other tire and related sales consist of aviation, race, motorcycle and all-terrain vehicle tire sales, retread sales and other tire related sales. Sales of tires in this category are not included in reported tire unit information. Retail services and service related sales consist of automotive services performed for customers through our Company-owned retail channels, and includes service related products. Chemical sales relate to the sale of synthetic rubber and other chemicals to third parties, and exclude intercompany sales. Other sales include items such as franchise fees and ancillary tire parts, such as tire rims, tire valves and valve stems.
When we receive consideration from a customer prior to transferring goods or services under the terms of a sales contract, we record deferred revenue, which represents a contract liability. Deferred revenue included in Other Current Liabilities and Other Long Term Liabilities in the Consolidated Balance Sheet each totaled $39 million at December 31, 2018. We recognize deferred revenue after we have transferred control of the goods or services to the customer and all revenue recognition criteria are met.
The following table presents the balance of deferred revenue related to contracts with customers, and changes during the year ended December 31, 2018:
(In millions)
 
Balance at December 31, 2017
$
121

Revenue deferred during period
116

Revenue recognized during period
(159
)
Impact of foreign currency translation

Balance at December 31, 2018
$
78