Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

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)

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(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.