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Disaggregation of Revenue (Tables)
9 Months Ended
Sep. 30, 2021
Disaggregation of Revenue [Line Items]  
Revenue from Contracts with Customers
Net sales recognized from contracts with customers, disaggregated by segment and geographical location, are presented in the following table for the three and nine months ended September 30, 2021 and 2020. Net sales are attributed to regions based on the location of production. Intersegment sales have been excluded from the table.

In the first quarter of 2021, we reorganized our segments and moved certain of our Driveline facilities to our Metal Forming segment. The amounts previously reported in the tables below for the three and nine months ended September 30, 2020 have been retrospectively recast to reflect this change.

Three Months Ended September 30, 2021
DrivelineMetal FormingTotal
North America$647.4 $279.9 $927.3 
Asia107.8 11.8 119.6 
Europe84.9 49.6 134.5 
South America29.5 2.2 31.7 
Total$869.6 $343.5 $1,213.1 
Three Months Ended September 30, 2020
DrivelineMetal FormingTotal
North America$801.5 $321.4 $1,122.9 
Asia116.7 12.2 128.9 
Europe94.1 53.4 147.5 
South America12.3 2.5 14.8 
Total$1,024.6 $389.5 $1,414.1 
Nine Months Ended September 30, 2021
DrivelineMetal FormingTotal
North America$2,143.2 $876.6 $3,019.8 
Asia329.9 36.0 365.9 
Europe288.7 171.7 460.4 
South America67.7 7.7 75.4 
Total$2,829.5 $1,092.0 $3,921.5 
Nine Months Ended September 30, 2020
DrivelineMetal FormingTotal
North America$1,766.3 $753.6 $2,519.9 
Asia307.9 28.3 336.2 
Europe239.3 139.1 378.4 
South America32.7 5.7 38.4 
Total$2,346.2 $926.7 $3,272.9 
Contract Assets and Liabilities

The following table summarizes our beginning and ending balances for accounts receivable and contract liabilities associated with our contracts with customers:
Accounts Receivable, NetContract Liabilities (Current)Contract Liabilities (Long-term)
December 31, 2020$793.2 $23.4 $91.0 
September 30, 2021739.6 25.7 88.2 
Increase/(decrease)$(53.6)$2.3 $(2.8)