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Revenue Recognition
 6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
We track our revenue by product and by geography. See Note 17—Segment Disclosures for our revenue by reportable segment, which are Ammonia, Granular Urea, UAN, AN and Other. The following table summarizes our revenue by product and by geography (based on destination of our shipment) for the three and six months ended June 30, 2022 and 2021:
AmmoniaGranular UreaUANANOtherTotal
(in millions)
Three months ended June 30, 2022
North America$987 $816 $877 $76 $180 $2,936 
Europe and other128 17 99 177 32 453 
Total revenue$1,115 $833 $976 $253 $212 $3,389 
Three months ended June 30, 2021
North America$431 $433 $403 $55 $92 $1,414 
Europe and other28 — 31 81 34 174 
Total revenue$459 $433 $434 $136 $126 $1,588 
Six months ended June 30, 2022
North America$1,570 $1,552 $1,890 $159 $333 $5,504 
Europe and other185 46 101 317 104 753 
Total revenue$1,755 $1,598 $1,991 $476 $437 $6,257 
Six months ended June 30, 2021
North America$599 $832 $625 $96 $169 $2,321 
Europe and other66 — 41 145 63 315 
Total revenue$665 $832 $666 $241 $232 $2,636 

As of June 30, 2022 and December 31, 2021, we had $72 million and $700 million, respectively, in customer advances on our consolidated balance sheets. During the six months ended June 30, 2022 and 2021, substantially all of the customer advances at the beginning of each respective period were recognized as revenue.

We offer cash incentives to certain customers generally based on the volume of their purchases over the fertilizer year ending June 30. Our cash incentives do not provide an option to the customer for additional product. The balances of customer incentives accrued as of June 30, 2022 and December 31, 2021 were not material.
We have certain customer contracts with performance obligations under which, if the customer does not take the required amount of product specified in the contract, then the customer is required to make a payment to us, the amount of which payment may vary based upon the terms and conditions of the applicable contract. As of June 30, 2022, excluding contracts with original durations of less than one year, and based on the minimum product tonnage to be sold and current market price estimates, our remaining performance obligations under these contracts were approximately $790 million. We expect to recognize approximately 28% of these performance obligations as revenue in the remainder of 2022, approximately 65% as revenue during 2023-2024, approximately 5% as revenue during 2025-2026, and the remainder thereafter. Subject to the terms and conditions of the applicable contracts, if the customers do not satisfy their purchase obligations under such contracts, the minimum amount that they would be required to pay to us under such contracts, in the aggregate, was approximately $120 million as of June 30, 2022. Other than the performance obligations described above, any performance obligations with our customers that were unfulfilled or partially fulfilled at December 31, 2021 will be satisfied in 2022.