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Disaggregation of Revenue (Tables)
 3 Months Ended
Mar. 31, 2023
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 months ended March 31, 2023 and 2022. 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 2023, we moved a plant location that was previously reported under our Driveline segment to our Metal Forming segment in order to better align our product and process technologies. The amounts in the table below for the three months ended March 31, 2022 have been recast to reflect this reorganization.

Three Months Ended March 31, 2023
DrivelineMetal FormingTotal
North America$783.0 $328.5 $1,111.5 
Asia105.8 6.7 112.5 
Europe99.8 122.9 222.7 
South America25.2 22.0 47.2 
Total$1,013.8 $480.1 $1,493.9 
Three Months Ended March 31, 2022
DrivelineMetal FormingTotal
North America$808.6 $318.6 $1,127.2 
Asia117.0 10.5 127.5 
Europe105.8 59.2 165.0 
South America14.0 2.5 16.5 
Total$1,045.4 $390.8 $1,436.2 

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, NetContract Liabilities (Current)Contract Liabilities (Long-term)
December 31, 2022$820.2 $28.1 $73.4 
March 31, 2023892.1 26.9 68.5 
Increase/(decrease)$71.9 $(1.2)$(4.9)