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Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables present our customer revenues disaggregated by revenue source:
Three Months Ended June 30, 2023
(Amounts in thousands)FPDFCDTotal
Original Equipment$284,053 $233,770 $517,823 
Aftermarket480,798 81,755 562,553 
$764,851 $315,525 $1,080,376 
Three Months Ended June 30, 2022
FPDFCDTotal
Original Equipment$212,760 $198,597 $411,357 
Aftermarket401,665 69,200 470,865 
$614,425 $267,797 $882,222 
Six Months Ended June 30, 2023
(Amounts in thousands)FPDFCDTotal
Original Equipment$536,785 $444,522 $981,307 
Aftermarket927,545 151,829 1,079,374 
$1,464,330 $596,351 $2,060,681 
Six Months Ended June 30, 2022
FPDFCDTotal
Original Equipment$413,100 $381,439 $794,539 
Aftermarket775,312 133,429 908,741 
$1,188,412 $514,868 $1,703,280 
Our customer sales are diversified geographically. The following tables present our revenues disaggregated by geography, based on the shipping addresses of our customers:
Three Months Ended June 30, 2023
(Amounts in thousands)FPDFCDTotal
North America(1)$317,994 $143,446 $461,440 
Latin America(2)63,107 7,190 70,297 
Middle East and Africa 130,158 36,536 166,694 
Asia Pacific110,390 72,510 182,900 
Europe143,202 55,843 199,045 
$764,851 $315,525 $1,080,376 
Three Months Ended June 30, 2022
FPDFCDTotal
North America(1)$265,657 $119,791 $385,448 
Latin America(2)48,294 4,955 53,249 
Middle East and Africa84,935 22,049 106,984 
Asia Pacific97,557 72,418 169,975 
Europe117,982 48,584 166,566 
$614,425 $267,797 $882,222 
Six Months Ended June 30, 2023
(Amounts in thousands)FPDFCDTotal
North America(1)$600,258 $269,124 $869,382 
Latin America(2)127,102 15,055 142,157 
Middle East and Africa 244,524 64,931 309,455 
Asia Pacific223,774 140,342 364,116 
Europe268,672 106,899 375,571 
$1,464,330 $596,351 $2,060,681 
Six Months Ended June 30, 2022
FPDFCDTotal
North America(1)$504,368 $227,429 $731,797 
Latin America(2)95,914 10,504 106,418 
Middle East and Africa156,636 43,398 200,034 
Asia Pacific199,156 140,209 339,365 
Europe232,338 93,328 325,666 
$1,188,412 $514,868 $1,703,280 
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(1) North America represents the United States and Canada.
(2) Latin America includes Mexico.
Contract liabilities
The following tables present beginning and ending balances of contract assets and contract liabilities, current and long-term, for the six months ended June 30, 2023 and 2022:

(Amounts in thousands) Contract Assets, net (Current)Long-term Contract Assets, net(1)Contract Liabilities (Current)Long-term Contract Liabilities(2)
Beginning balance, January 1, 2023$233,457 $297 $256,963 $1,059 
Revenue recognized that was included in contract liabilities at the beginning of the period— — (169,722)— 
Revenue recognized in the period in excess of billings301,548 — — — 
Billings arising during the period in excess of revenue recognized— — 176,491 661 
Amounts transferred from contract assets to receivables(310,232)(301)— — 
Currency effects and other, net2,863 473 5,993 5,851 
Ending balance, June 30, 2023$227,636 $469 $269,725 $7,571 


(Amounts in thousands)Contract Assets, net (Current)Long-term Contract Assets, net(1)Contract Liabilities (Current)Long-term Contract Liabilities(2)
Beginning balance, January 1, 2022$195,598 $426 $202,965 $464 
Revenue recognized that was included in contract liabilities at the beginning of the period— — (118,177)— 
Revenue recognized in the period in excess of billings256,608 1,659 — — 
Billings arising during the period in excess of revenue recognized— — 122,502 — 
Amounts transferred from contract assets to receivables(246,405)(380)230 — 
Currency effects and other, net(8,673)(1,671)(2,345)(19)
Ending balance, June 30, 2022$197,128 $34 $205,175 $445 
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(1) Included in other assets, net.
(2) Included in retirement obligations and other liabilities.