XML 52 R37.htm IDEA: XBRL DOCUMENT v3.22.0.1
Revenue Recognition (Tables)
 12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue The disaggregated revenue tables are shown below for the years ended December 31, 2021, 2020 and 2019.
The following table provides information about disaggregated revenue by major geographical region:
Year Ended December 31,
(in Millions)202120202019
North America (1)
$1,117.2 $1,032.5 $1,121.1 
Latin America (1)
1,633.4 1,456.5 1,441.7 
Europe, Middle East & Africa1,040.0 1,046.3 1,001.8 
Asia1,254.6 1,106.8 1,045.2 
Total Revenue$5,045.2 $4,642.1 $4,609.8 
____________________
(1)Countries with sales in excess of 10 percent of consolidated revenue consisted of the U.S. and Brazil. Sales for the years ended December 31 2021 , 2020, and 2019 for the U.S. totaled $1,018.1 million, $941.2 million and $1,044.1 million , respectively, and for Brazil totaled $1,224.4 million, $1,083.4 million and $1,094.1 million, respectively.

The following table provides information about disaggregated revenue by major product category:
Year Ended December 31,
(in Millions)202120202019
Insecticides$3,020.0 $2,836.8 $2,773.6 
Herbicides1,375.3 1,187.2 1,228.8 
Fungicides325.5 275.5 271.4 
Plant Health216.8 180.2 168.8 
Other107.6 162.4 167.2 
Total Revenue$5,045.2 $4,642.1 $4,609.8 
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 December 31, 2021Increase (Decrease)
Receivables from contracts with customers, net of allowances$2,433.8 $2,641.1 $207.3 
Contract liabilities: Advance payments from customers347.1 630.7 283.6