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)2021202020212020
North America$290.5 $311.9 $591.5 $639.5 
Latin America299.6 261.2 502.8 520.4 
Europe, Middle East & Africa (EMEA)272.9 265.4 672.3 680.7 
Asia379.0 316.8 671.0 564.7 
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)2021202020212020
Insecticides$741.8 $679.9 $1,428.8 $1,400.3 
Herbicides330.8 340.6 692.5 707.8 
Fungicides94.5 61.8 185.0 145.1 
Plant Health52.1 44.0 102.3 90.4 
Other22.8 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, 2020Balance as of June 30, 2021Increase (Decrease)
Receivables from contracts with customers, net of allowances$2,433.8 $2,702.9 $269.1 
Contract liabilities: Advance Payments from customers347.1 2.8 (344.3)