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Revenue Recognition (Tables)

6 Months Ended

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

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X

- 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

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- References

No definition available.

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