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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue
The following table provides information about disaggregated revenue by major geographical region:
(in Millions)
Three Months Ended September 30, 2018
 
Nine Months Ended September 30, 2018
FMC Agricultural Solutions
 
 
 
North America
$
201.8

 
$
842.0

Latin America
379.0

 
737.3

Europe, Middle East & Africa
133.5

 
826.1

Asia Pacific
209.3

 
780.5

Total FMC Agricultural Solutions Revenue
$
923.6

 
$
3,185.9

 
 
 
 
FMC Lithium
 
 
 
North America
$
39.3

 
$
81.6

Latin America
0.4

 
1.4

Europe, Middle East & Africa
17.6

 
55.1

Asia Pacific
54.7

 
184.6

Total FMC Lithium Revenue
$
112.0

 
$
322.7

 
 
 
 
Total FMC Revenue
$
1,035.6

 
$
3,508.6


The following table provides information about disaggregated revenue by major product category:
(in Millions)
Three Months Ended September 30, 2018
 
Nine Months Ended September 30, 2018
FMC Agricultural Solutions
 
 
 
Insecticides
$
572.7

 
$
1,816.4

Herbicides
220.1

 
948.7

Fungicides
49.2

 
192.9

Other
81.6

 
227.9

Total FMC Agricultural Solutions Revenue
$
923.6

 
$
3,185.9

 
 
 
 
FMC Lithium
 
 
 
Lithium Hydroxide
$
52.8

 
$
155.5

Butyllithium
26.3

 
75.5

High Purity Lithium Metal and Other Specialty Compounds
14.5

 
47.8

Lithium Carbonate and Lithium Chloride
18.4

 
43.9

Total FMC Lithium Revenue
$
112.0

 
$
322.7

 
 
 
 
Total FMC Revenue
$
1,035.6

 
$
3,508.6


Receivables and contract liabilities
The following table presents the opening and closing balances of FMC's receivables (net of allowances) and contract liabilities from contracts with customers.

(in Millions)
Balance as of December 31, 2017

Balance as of September 30, 2018

Increase (Decrease)
Receivables from contracts with customers, net of allowances
$
2,150.2

 
$
1,983.1

 
$
(167.1
)
Contract liabilities: Advance payments from customers
380.6

 
30.1

 
(350.5
)