XML 21 R11.htm IDEA: XBRL DOCUMENT
v3.20.2

Revenue | 9 Months Ended
--- | ---
Sep. 30, 2020
Revenues [Abstract] |
Revenue | REVENUE Our revenues are derived primarily from sales to customers in North America and Internationally, principally Europe. Net sales from these geographic markets, by segment, were as follows, in millions:
| Three Months Ended September 30, 2020
| Plumbing Products |  | Decorative Architectural Products |  | Total
Primary geographic markets: |  |  |  |  |
North America | $ | 757 |  |  | $ | 842 |  |  | $ | 1,599 |
International, principally Europe | 384 |  |  | — |  |  | 384 |
Total | $ | 1,141 |  |  | $ | 842 |  |  | $ | 1,983 |
| Nine Months Ended September 30, 2020
| Plumbing Products |  | Decorative Architectural Products |  | Total
Primary geographic markets: |  |  |  |  |
North America | $ | 1,973 |  |  | $ | 2,364 |  |  | $ | 4,337 |
International, principally Europe | 991 |  |  | — |  |  | 991 |
Total | $ | 2,964 |  |  | $ | 2,364 |  |  | $ | 5,328 |
| Three Months Ended September 30, 2019
| Plumbing Products |  | Decorative Architectural Products |  | Total
Primary geographic markets: |  |  |  |  |
North America | $ | 664 |  |  | $ | 710 |  |  | $ | 1,374 |
International, principally Europe | 342 |  |  | — |  |  | 342 |
Total | $ | 1,006 |  |  | $ | 710 |  |  | $ | 1,716 |
D. REVENUE (Concluded)
| Nine Months Ended September 30, 2019
| Plumbing Products |  | Decorative Architectural Products |  | Total
Primary geographic markets: |  |  |  |  |
North America | $ | 1,923 |  |  | $ | 2,110 |  |  | $ | 4,033 |
International, principally Europe | 1,035 |  |  | — |  |  | 1,035 |
Total | $ | 2,958 |  |  | $ | 2,110 |  |  | $ | 5,068 |
Our contract asset balance was $2 million at both September 30, 2020 and December 31, 2019. Our contract liability balance was $25 million and $40 million at September 30, 2020 and December 31, 2019, respectively. We reversed $6 million and $2 million of revenue for the three-month periods ended September 30, 2020 and 2019, respectively, related to performance obligations settled in previous quarters of the same year. We recognized $1 million and $6 million of revenue for the three-month and nine-month periods ended September 30, 2020, respectively, and $1 million of revenue for the nine-month period ended September 30, 2019 related to performance obligations settled in previous years. Changes in the allowance for credit losses deducted from accounts receivable were as follows, in millions:
| Nine Months Ended September 30, 2020
Balance at January 1 (after adopting ASU 2016-13) | $ | 5 |
Provision for expected credit losses during the period | 2 |
Write-offs charged against the allowance | (1) |
Recoveries of amounts previously written off | 1 |
Balance at end of period | $ | 7 |

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenuesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration