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Revenue Recognition
 6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Recognition REVENUE RECOGNITION
Disaggregation of Revenue
The following table presents our disaggregated revenues by revenue source. We sell products within all product categories in each operating segment. For additional information on the disaggregated revenues by geographic regions, see Note 14 to the Consolidated Condensed Financial Statements.
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
Millions of dollars
 
2020
 
2019
 
2020
 
2019
Major product categories:
 
 
 
 
 
 
 
 
Laundry
 
$
1,071

 
$
1,492

 
$
2,401

 
$
2,975

Refrigeration
 
1,305

 
1,656

 
2,667

 
3,019

Cooking
 
909

 
1,075

 
1,852

 
2,119

Dishwashing
 
439

 
398

 
810

 
762

Total major product category net sales
 
$
3,725

 
$
4,621

 
$
7,731

 
$
8,875

Compressors(1)
 
—

 
323

 
—

 
635

Spare parts and warranties
 
206

 
180

 
434

 
371

Other
 
111

 
62

 
201

 
65

Total net sales
 
$
4,042

 
$
5,186

 
$
8,367

 
$
9,946


(1) 
Change in compressors compared to the prior year is due to the divestiture of the Embraco compressor business.
The impact to revenue related to prior period performance obligations was not material for the three and six months ended June 30, 2020.

Allowance for Expected Credit Losses and Bad Debt Expense

We estimate our expected credit losses primarily by using an aging methodology and establish customer-specific reserves for higher risk trade customers. Our expected credit losses are evaluated and controlled within each geographic region considering the unique credit risk specific to the country, marketplace and economic environment. We take into account past events, current conditions and reasonable and supportable forecasts in developing the reserve. The adoption of the new credit loss standard did not have a material impact on the Consolidated Condensed Financial Statements.
The following table summarizes our allowance for doubtful accounts by operating segment for the six months ended June 30, 2020.
Millions of dollars
December 31, 2019
Charged to Earnings
Write-offs
Foreign Currency
June 30, 2020
North America
$
4

$
4

$
(1
)
$
—

$
7

EMEA
83

5

(10
)
(3
)
75

Latin America
33

15

(7
)
(7
)
34

Asia
12

7

—

—

19

Consolidated
$
132

$
31

$
(18
)
$
(10
)
$
135


We also have an allowance on certain financing receivables that are recorded in prepaid and other current assets and other noncurrent assets on our Consolidated Condensed Balance Sheets. The allowance at June 30, 2020 and December 31, 2019 was approximately $41 million and $48 million, respectively. The amount charged to earnings and write-offs for the six months ended June 30, 2020 were not material.