XML 43 R31.htm IDEA: XBRL DOCUMENT
v3.21.2

Revenue Recognition (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
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) | 2021 |  | 2020 |  | 2021 |  | 2020
North America | $ | 290.5 |  |  | $ | 311.9 |  |  | $ | 591.5 |  |  | $ | 639.5 |
Latin America | 299.6 |  |  | 261.2 |  |  | 502.8 |  |  | 520.4 |
Europe, Middle East & Africa (EMEA) | 272.9 |  |  | 265.4 |  |  | 672.3 |  |  | 680.7 |
Asia | 379.0 |  |  | 316.8 |  |  | 671.0 |  |  | 564.7 |
Total Revenue | $ | 1,242.0 |  |  | $ | 1,155.3 |  |  | $ | 2,437.6 |  |  | $ | 2,405.3 |
The following table provides information about disaggregated revenue by product category:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in Millions) | 2021 |  | 2020 |  | 2021 |  | 2020
Insecticides | $ | 741.8 |  |  | $ | 679.9 |  |  | $ | 1,428.8 |  |  | $ | 1,400.3 |
Herbicides | 330.8 |  |  | 340.6 |  |  | 692.5 |  |  | 707.8 |
Fungicides | 94.5 |  |  | 61.8 |  |  | 185.0 |  |  | 145.1 |
Plant Health | 52.1 |  |  | 44.0 |  |  | 102.3 |  |  | 90.4 |
Other | 22.8 |  |  | 29.0 |  |  | 29.0 |  |  | 61.7 |
Total Revenue | $ | 1,242.0 |  |  | $ | 1,155.3 |  |  | $ | 2,437.6 |  |  | $ | 2,405.3 |
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, 2020 |  | Balance as of June 30, 2021 |  | Increase (Decrease)
Receivables from contracts with customers, net of allowances | $ | 2,433.8 |  |  | $ | 2,702.9 |  |  | $ | 269.1 |
Contract liabilities: Advance Payments from customers | 347.1 |  |  | 2.8 |  |  | (344.3) |

X
- 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=123351226&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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=123351226&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration