REVENUE

12 Months Ended

Dec. 31, 2022

Revenue

Revenue

NOTE 11 – REVENUE

The table below identifies the Company’s revenues disaggregated by major customer type for the years ended December 31, 2022, 2021 and 2020 (in thousands):

	For the Year Ended
	December 31,
	2022		2021		2020
Sales to do-it-yourself customers	$	7,903,359	$	7,643,832	$	6,684,183
Sales to professional service provider customers		6,170,239		5,368,657		4,647,189
Other sales and sales adjustments		336,262		315,074		273,121
Total sales	$	14,409,860	$	13,327,563	$	11,604,493

As of December 31, 2022 and 2021, the Company had recorded a deferred revenue liability of $5.0 million and $3.4 million, respectively, related to its loyalty program, which were included in “Other liabilities” on the accompanying Consolidated Balance Sheets.  During the years ended December 31, 2022, 2021 and 2020, the Company recognized $12.2 million, $13.6 million and $14.4 million, respectively, of revenue related to its loyalty program, which were included in “Sales” on the accompanying Consolidated Statements of Income.

See Note 8 for information concerning the expected costs associated with the Company’s assurance warranty obligations.