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v3.23.1

Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2023
Revenue from Contract with Customer [Abstract] |
Disaggregation of revenue | The following table provides information about disaggregated revenue by major geographical region:
|  |  | Three Months Ended March 31,
(in Millions) |  |  |  |  | 2023 |  | 2022
North America |  |  |  |  | $ | 497.3 |  |  | $ | 389.8 |
Latin America |  |  |  |  | 233.6 |  |  | 265.9 |
Europe, Middle East & Africa (EMEA) |  |  |  |  | 383.0 |  |  | 398.2 |
Asia |  |  |  |  | 230.4 |  |  | 296.9 |
Total Revenue |  |  |  |  | $ | 1,344.3 |  |  | $ | 1,350.8 |
The following table provides information about disaggregated revenue by product category:
| Three Months Ended March 31, |  |
(in Millions) | 2023 |  | 2022 |  |  |  |
Insecticides | $ | 746.7 |  |  | $ | 766.7 |  |  |  |  |
Herbicides | 442.8 |  |  | 404.4 |  |  |  |  |
Fungicides | 101.0 |  |  | 108.7 |  |  |  |  |
Plant Health | 52.3 |  |  | 53.4 |  |  |  |  |
Other | 1.5 |  |  | 17.6 |  |  |  |  |
Total Revenue | $ | 1,344.3 |  |  | $ | 1,350.8 |  |  |  |  |
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, 2022 |  | Balance as of March 31, 2023 |  | Increase (Decrease)
Receivables from contracts with customers, net of allowances (1) | $ | 2,932.2 |  |  | $ | 3,227.1 |  |  | $ | 294.9 |
Contract liabilities: Advance Payments from customers | 680.5 |  |  | 14.0 |  |  | (666.5) |
____________________ (1) Amount includes $3,202.1 million of trade receivables and $25.0 million of net long-term customer receivables as of March 31, 2023. See Note 6 for more information.

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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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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