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v3.23.3

Revenue Recognition (Tables) | 9 Months Ended
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Sep. 30, 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 September 30, |  | Nine Months Ended September 30,
(in Millions) | 2023 |  | 2022 |  | 2023 |  | 2022
North America | $ | 159.6 |  |  | $ | 241.2 |  |  | $ | 929.4 |  |  | $ | 995.6 |
Latin America | 466.1 |  |  | 697.1 |  |  | 968.4 |  |  | 1,394.5 |
Europe, Middle East & Africa (EMEA) | 149.0 |  |  | 150.7 |  |  | 739.6 |  |  | 829.7 |
Asia | 207.2 |  |  | 288.2 |  |  | 703.3 |  |  | 960.5 |
Total Revenue | $ | 981.9 |  |  | $ | 1,377.2 |  |  | $ | 3,340.7 |  |  | $ | 4,180.3 |
The following table provides information about disaggregated revenue by product category:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in Millions) | 2023 |  | 2022 |  | 2023 |  | 2022
Insecticides | $ | 582.4 |  |  | $ | 872.3 |  |  | $ | 1,988.0 |  |  | $ | 2,536.1 |
Herbicides | 268.0 |  |  | 323.6 |  |  | 936.3 |  |  | 1,108.3 |
Fungicides | 55.5 |  |  | 75.3 |  |  | 228.8 |  |  | 247.3 |
Plant Health | 42.6 |  |  | 53.2 |  |  | 138.3 |  |  | 169.3 |
Other | 33.4 |  |  | 52.8 |  |  | 49.3 |  |  | 119.3 |
Total Revenue | $ | 981.9 |  |  | $ | 1,377.2 |  |  | $ | 3,340.7 |  |  | $ | 4,180.3 |
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, 2022 |  | Balance as of September 30, 2023 |  | Increase (Decrease)
Receivables from contracts with customers, net of allowances (1) | $ | 2,932.2 |  |  | $ | 2,588.0 |  |  | $ | (344.2) |
Contract liabilities: Advance Payments from customers | 680.5 |  |  | 1.7 |  |  | (678.8) |
____________________ (1)Amount includes $2,564.5 million of trade receivables and $23.5 million of net long-term customer receivables as of September 30, 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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