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Revenue Recognition
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition
We track our revenue by product and by geography. See Note 18—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 nine months ended September 30, 2022 and 2021:
AmmoniaGranular UreaUANANOtherTotal
(in millions)
Three months ended September 30, 2022
North America$367 $571 $531 $70 $132 $1,671 
Europe and other164 118 205 110 53 650 
Total revenue$531 $689 $736 $180 $185 $2,321 
Three months ended September 30, 2021
North America$279 $386 $324 $48 $94 $1,131 
Europe and other65 — 66 70 30 231 
Total revenue$344 $386 $390 $118 $124 $1,362 
Nine months ended September 30, 2022
North America$1,937 $2,123 $2,421 $229 $465 $7,175 
Europe and other349 164 306 427 157 1,403 
Total revenue$2,286 $2,287 $2,727 $656 $622 $8,578 
Nine months ended September 30, 2021
North America$878 $1,218 $949 $144 $263 $3,452 
Europe and other131 — 107 215 93 546 
Total revenue$1,009 $1,218 $1,056 $359 $356 $3,998 

As of September 30, 2022 and December 31, 2021, we had $511 million and $700 million, respectively, in customer advances on our consolidated balance sheets. During the nine months ended September 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 September 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 September 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 $1.3 billion. We expect to recognize approximately 10% of these performance obligations as revenue in the remainder of 2022, approximately 63% as revenue during 2023-2025, approximately 11% as revenue during 2026-2028, 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 $355 million as of September 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.