XML 43 R31.htm IDEA: XBRL DOCUMENT v3.19.2
Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue
The following table provides information about disaggregated revenue by major geographical region:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in Millions)
2019
 
2018
 
2019
 
2018
North America
$
333.5


$
342.0


$
651.8


$
640.2

Latin America
256.7


199.4


463.2


358.3

Europe, Middle East & Africa (EMEA)
304.3


293.8


716.3


692.6

Asia
311.6


319.2


566.9


571.2

Total Revenue
$
1,206.1


$
1,154.4


$
2,398.2


$
2,262.3


The following table provides information about disaggregated revenue by major product category:
 
Three Months Ended June 30,

Six Months Ended June 30,
(in Millions)
2019

2018

2019

2018
Insecticides
$
710.3

 
$
654.4

 
$
1,413.7

 
$
1,243.7

Herbicides
349.4

 
342.9

 
711.0

 
728.6

Fungicides
58.2

 
64.7

 
128.7

 
143.7

Other
88.2

 
92.4

 
144.8

 
146.3

Total Revenue
$
1,206.1

 
$
1,154.4

 
$
2,398.2

 
$
2,262.3


Receivables and contract liabilities
The following table presents the opening and closing balances of our receivables, net of allowances and contract liabilities from contracts with customers.

(in Millions)
Balance as of December 31, 2018
 
Balance as of June 30, 2019

Increase (Decrease)
Receivables from contracts with customers, net of allowances
$
2,228.3

 
$
2,466.8

 
$
238.5

Contract liabilities: Advance payments from customers
458.4

 
68.9

 
(389.5
)