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Disaggregation of Revenue (Tables)
 3 Months Ended
Mar. 31, 2024
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, 2024 and 2023. Net sales are attributed to regions based on the location of production. Intersegment sales have been excluded from the table.

Three Months Ended March 31, 2024
(in millions)
DrivelineMetal FormingTotal
North America$828.0 $345.9 $1,173.9 
Asia142.7 8.0 150.7 
Europe121.5 124.3 245.8 
South America14.2 22.3 36.5 
Total$1,106.4 $500.5 $1,606.9 
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 

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, 2023$818.5 $16.6 $70.4 
March 31, 2024960.5 15.0 69.9 
Increase/(decrease)$142.0 $(1.6)$(0.5)