Disaggregation of Revenue (Tables)

9 Months Ended

Sep. 30, 2022

Disaggregation of Revenue [Line Items]

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, 2022 and 2021. Net sales are attributed to regions based on the location of production. Intersegment sales have been excluded from the table.


	Three Months Ended September 30, 2022
	(in millions)
	Driveline		Metal Forming		Total
North America	$	817.5	$	332.0	$	1,149.5
Asia	124.4		13.0		137.4
Europe	92.2		106.6		198.8
South America	25.7		23.8		49.5
Total	$	1,059.8	$	475.4	$	1,535.2

	Three Months Ended September 30, 2021
	Driveline		Metal Forming		Total
North America	$	647.4	$	279.9	$	927.3
Asia	107.8		11.8		119.6
Europe	84.9		49.6		134.5
South America	29.5		2.2		31.7
Total	$	869.6	$	343.5	$	1,213.1


	Nine Months Ended September 30, 2022
	Driveline		Metal Forming		Total
North America	$	2,465.1	$	939.6	$	3,404.7
Asia	334.5		31.9		366.4
Europe	298.6		243.7		542.3
South America	61.8		34.5		96.3
Total	$	3,160.0	$	1,249.7	$	4,409.7

	Nine Months Ended September 30, 2021
	Driveline		Metal Forming		Total
North America	$	2,143.2	$	876.6	$	3,019.8
Asia	329.9		36.0		365.9
Europe	288.7		171.7		460.4
South America	67.7		7.7		75.4
Total	$	2,829.5	$	1,092.0	$	3,921.5

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 (in millions):



	Accounts Receivable, Net		Contract Liabilities (Current)		Contract Liabilities (Long-term)
December 31, 2021	$	762.8	$	28.1	$	94.8
September 30, 2022	974.6		29.2		70.1
Increase/(decrease)	$	211.8	$	1.1	$	(24.7)