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v3.19.1

Revenue (Tables) | 3 Months Ended
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Mar. 31, 2019
Revenue from Contract with Customer [Abstract] |
Contract with Customer, Asset and Liability | Significant changes in the balance of contract liabilities for the three months ended as of March 31, 2019 and 2018 were as follows (in millions):
| Three Months Ended March 31,
| 2019 |  | 2018
Balance at beginning of period | $ | 76.8 |  |  | $ | 82.6 |
Advance consideration received | 25.4 |  |  | 34.5 |
Revenue recognized during the period for extended warranty contracts, maintenance services and technology services | (6.1 | ) |  | (6.4 | )
Revenue recognized during the period related to installation of grain storage and protein production systems | (11.4 | ) |  | (14.9 | )
Foreign currency translation | (0.2 | ) |  | 1.1 |
Balance at March 31 | $ | 84.5 |  |  | $ | 96.9 |
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area and by Product | Net sales for the three months ended March 31, 2019 disaggregated by primary geographical markets and major products consisted of the following (in millions):
|  | North America(1) |  | South America(1) |  | Europe/Middle East(1) |  | Asia/Pacific/Africa(1) |  | Consolidated(1)
Primary geographical markets: |  |  |  |  |  |  |  |  |  |
United States |  | $ | 412.6 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 412.6 |
Canada |  | 61.2 |  |  | — |  |  | — |  |  | — |  |  | 61.2 |
South America |  | — |  |  | 152.9 |  |  | — |  |  | — |  |  | 152.9 |
Germany |  | — |  |  | — |  |  | 270.3 |  |  | — |  |  | 270.3 |
France |  | — |  |  | — |  |  | 238.1 |  |  | — |  |  | 238.1 |
United Kingdom and Ireland |  | — |  |  | — |  |  | 154.3 |  |  | — |  |  | 154.3 |
Finland and Scandinavia |  | — |  |  | — |  |  | 169.6 |  |  | — |  |  | 169.6 |
Other Europe |  | — |  |  |  |  | 364.2 |  |  | — |  |  | 364.2 |
Middle East and Algeria |  | — |  |  | — |  |  | 14.1 |  |  | — |  |  | 14.1 |
Africa |  | — |  |  | — |  |  | — |  |  | 20.3 |  |  | 20.3 |
Asia |  | — |  |  | — |  |  | — |  |  | 59.2 |  |  | 59.2 |
Australia and New Zealand |  | — |  |  | — |  |  | — |  |  | 53.4 |  |  | 53.4 |
Mexico, Central America and Caribbean |  | 22.4 |  |  | 3.3 |  |  | — |  |  | — |  |  | 25.7 |
|  | $ | 496.2 |  |  | $ | 156.1 |  |  | $ | 1,210.6 |  |  | $ | 132.9 |  |  | $ | 1,995.8 |
Major products: |  |  |  |  |  |  |  |  |  |
Tractors |  | $ | 140.2 |  |  | $ | 84.3 |  |  | $ | 829.7 |  |  | $ | 65.0 |  |  | $ | 1,119.2 |
Replacement parts |  | 61.5 |  |  | 21.9 |  |  | 201.9 |  |  | 16.7 |  |  | 302.0 |
Grain storage and protein production systems |  | 103.8 |  |  | 19.7 |  |  | 42.5 |  |  | 37.1 |  |  | 203.1 |
Combines, application equipment and other machinery |  | 190.8 |  |  | 30.2 |  |  | 136.4 |  |  | 14.0 |  |  | 371.4 |
|  | $ | 496.2 |  |  | $ | 156.1 |  |  | $ | 1,210.6 |  |  | $ | 132.9 |  |  | $ | 1,995.8 |
(1) Rounding may impact summation of amounts.
Net sales for the three months ended March 31, 2018 disaggregated by primary geographical markets and major products consisted of the following (in millions):
|  | North America |  | South America |  | Europe/Middle East |  | Asia/Pacific/Africa |  | Consolidated
Primary geographical markets: |  |  |  |  |  |  |  |  |  |
United States |  | $ | 399.1 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 399.1 |
Canada |  | 73.6 |  |  | — |  |  | — |  |  | — |  |  | 73.6 |
South America |  | — |  |  | 179.2 |  |  | — |  |  | — |  |  | 179.2 |
Germany |  | — |  |  | — |  |  | 287.9 |  |  | — |  |  | 287.9 |
France |  | — |  |  | — |  |  | 196.6 |  |  | — |  |  | 196.6 |
United Kingdom and Ireland |  | — |  |  | — |  |  | 140.3 |  |  | — |  |  | 140.3 |
Finland and Scandinavia |  | — |  |  | — |  |  | 177.1 |  |  | — |  |  | 177.1 |
Other Europe |  | — |  |  | — |  |  | 334.8 |  |  | — |  |  | 334.8 |
Middle East and Algeria |  | — |  |  | — |  |  | 27.0 |  |  | — |  |  | 27.0 |
Africa |  | — |  |  | — |  |  | — |  |  | 22.2 |  |  | 22.2 |
Asia |  | — |  |  | — |  |  | — |  |  | 74.6 |  |  | 74.6 |
Australia and New Zealand |  | — |  |  | — |  |  | — |  |  | 62.0 |  |  | 62.0 |
Mexico, Central America and Caribbean |  | 30.2 |  |  | 2.9 |  |  | — |  |  | — |  |  | 33.1 |
|  | $ | 502.9 |  |  | $ | 182.1 |  |  | $ | 1,163.7 |  |  | $ | 158.8 |  |  | $ | 2,007.5 |
Major products: |  |  |  |  |  |  |  |  |  |
Tractors |  | $ | 154.6 |  |  | $ | 106.8 |  |  | $ | 778.4 |  |  | $ | 73.5 |  |  | $ | 1,113.3 |
Replacement parts |  | 60.8 |  |  | 21.7 |  |  | 210.5 |  |  | 19.7 |  |  | 312.7 |
Grain storage and protein production systems |  | 110.4 |  |  | 17.2 |  |  | 34.4 |  |  | 44.2 |  |  | 206.2 |
Combines, application equipment and other machinery |  | 177.1 |  |  | 36.4 |  |  | 140.4 |  |  | 21.4 |  |  | 375.3 |
|  | $ | 502.9 |  |  | $ | 182.1 |  |  | $ | 1,163.7 |  |  | $ | 158.8 |  |  | $ | 2,007.5 |

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- Definition Tabular disclosure of contract balances and changes in contract balances. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130551-203045 + Details
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