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REVENUE | 6 Months Ended
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Jun. 30, 2024
Revenue from Contract with Customer [Abstract] |
REVENUE | C. REVENUE Our revenues are derived from sales to customers in the following geographic areas: North America and International, which are particularly in Europe. Net sales from these geographic areas, by segment, were as follows, in millions:
| Three Months Ended June 30, 2024
| Plumbing Products |  | Decorative Architectural Products |  | Total
Primary geographic areas: |  |  |  |  |
North America | $ | 857 |  |  | $ | 838 |  |  | $ | 1,695 |
International | 397 |  |  | — |  |  | 397 |
Total | $ | 1,253 |  |  | $ | 838 |  |  | $ | 2,091 |
| Six Months Ended June 30, 2024
| Plumbing Products |  | Decorative Architectural Products |  | Total
Primary geographic areas: |  |  |  |  |
North America | $ | 1,648 |  |  | $ | 1,572 |  |  | $ | 3,220 |
International | 797 |  |  | — |  |  | 797 |
Total | $ | 2,445 |  |  | $ | 1,572 |  |  | $ | 4,017 |
C. REVENUE (Concluded)
| Three Months Ended June 30, 2023
| Plumbing Products |  | Decorative Architectural Products |  | Total
Primary geographic areas: |  |  |  |  |
North America | $ | 816 |  |  | $ | 902 |  |  | $ | 1,718 |
International | 409 |  |  | — |  |  | 409 |
Total | $ | 1,225 |  |  | $ | 902 |  |  | $ | 2,127 |
| Six Months Ended June 30, 2023
| Plumbing Products |  | Decorative Architectural Products |  | Total
Primary geographic areas: |  |  |  |  |
North America | $ | 1,614 |  |  | $ | 1,659 |  |  | $ | 3,273 |
International | 833 |  |  | — |  |  | 833 |
Total | $ | 2,447 |  |  | $ | 1,659 |  |  | $ | 4,106 |
We recognized $4 million and $3 million of revenue for the three months ended June 30, 2024 and 2023, respectively, related to performance obligations settled in previous quarters of the same year. We recognized $2 million of revenue for both the three and six months ended June 30, 2024, and $4 million and $5 million of revenue for the three and six months ended June 30, 2023, respectively, related to performance obligations settled in previous years. Our contract asset balance was $2 million and $3 million at June 30, 2024 and December 31, 2023, respectively. Our contract liability balance was $18 million and $45 million at June 30, 2024 and December 31, 2023, respectively. Changes in the allowance for credit losses deducted from accounts receivable were as follows, in millions:
| Six Months Ended June 30, 2024 |  | Twelve Months Ended December 31, 2023
Balance at January 1 | $ | 11 |  |  | $ | 8 |
Provision for expected credit losses during the period | 1 |  |  | 7 |
Write-offs charged against the allowance | (4) |  |  | (6) |
Recoveries of amounts previously written off | 1 |  |  | 1 |
Balance at end of period | $ | 10 |  |  | $ | 11 |

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- 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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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