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Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2020
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) | 2020 |  | 2019 |  | 2020 |  | 2019
North America | $ | 311.9 |  |  | $ | 333.5 |  |  | $ | 639.5 |  |  | $ | 651.8 |
Latin America | 261.2 |  |  | 256.7 |  |  | 520.4 |  |  | 463.2 |
Europe, Middle East & Africa (EMEA) | 265.4 |  |  | 304.3 |  |  | 680.7 |  |  | 716.3 |
Asia | 316.8 |  |  | 311.6 |  |  | 564.7 |  |  | 566.9 |
Total Revenue | $ | 1,155.3 |  |  | $ | 1,206.1 |  |  | $ | 2,405.3 |  |  | $ | 2,398.2 |
The following table provides information about disaggregated revenue by major product category:
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
(in Millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Insecticides | $ | 679.9 |  |  | $ | 710.3 |  |  | $ | 1,400.3 |  |  | $ | 1,413.7 |
Herbicides | 340.6 |  |  | 349.4 |  |  | 707.8 |  |  | 711.0 |
Fungicides | 61.8 |  |  | 58.2 |  |  | 145.1 |  |  | 128.7 |
Other | 73.0 |  |  | 88.2 |  |  | 152.1 |  |  | 144.8 |
Total Revenue | $ | 1,155.3 |  |  | $ | 1,206.1 |  |  | $ | 2,405.3 |  |  | $ | 2,398.2 |
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, 2019 |  | Balance as of June 30, 2020 |  | Increase (Decrease)
Receivables from contracts with customers, net of allowances | $ | 2,354.3 |  |  | $ | 2,440.8 |  |  | $ | 86.5 |
Contract liabilities: Advance payments from customers | 492.7 |  |  | 7.0 |  |  | (485.7) |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 + Details
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