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Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The disaggregated revenue tables are shown below for the years ended December 31, 2022, 2021 and 2020.

The following table provides information about disaggregated revenue by major geographical region:

			Year Ended December 31,
(in Millions)			2022						2021						2020
North America (1)			$	1,435.8					$	1,117.2					$	1,032.5
Latin America (1)			2,088.2						1,633.4						1,456.5
Europe, Middle East & Africa			1,039.7						1,040.0						1,046.3
Asia			1,238.6						1,254.6						1,106.8
Total Revenue			$	5,802.3					$	5,045.2					$	4,642.1

____________________

(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 2022 , 2021, and 2020 for the U.S. totaled $1,288.8 million, $1,018.1 million and $941.2 million, respectively, and for Brazil totaled $1,621.1 million, $1,224.4 million and $1,083.4 million, respectively.

The following table provides information about disaggregated revenue by major product category:

			Year Ended December 31,
(in Millions)			2022						2021						2020
Insecticides			$	3,346.6					$	3,020.0					$	2,836.8
Herbicides			1,651.6						1,375.3						1,187.2
Fungicides			383.9						325.5						275.5
Plant Health			234.1						216.8						180.2
Other			186.1						107.6						162.4
Total Revenue			$	5,802.3					$	5,045.2					$	4,642.1

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, 2021						Balance as of December 31, 2022						Increase (Decrease)
Receivables from contracts with customers, net of allowances			2,641.1						$	2,932.2					$	291.1
Contract liabilities: Advance payments from customers			630.7						680.5						49.8

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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045

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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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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- References

No definition available.

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