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Revenue Recognition (Tables) | 12 Months Ended
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Dec. 31, 2023
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The disaggregated revenue tables are shown below for the years ended December 31, 2023, 2022 and 2021. The following table provides information about disaggregated revenue by major geographical region:
| Year Ended December 31,
(in Millions) | 2023 |  | 2022 |  | 2021
North America (1) | $ | 1,204.8 |  |  | $ | 1,435.8 |  |  | $ | 1,117.2 |
Latin America (1) | 1,401.1 |  |  | 2,088.2 |  |  | 1,633.4 |
Europe, Middle East & Africa | 899.2 |  |  | 1,039.7 |  |  | 1,040.0 |
Asia | 981.7 |  |  | 1,238.6 |  |  | 1,254.6 |
Total Revenue | $ | 4,486.8 |  |  | $ | 5,802.3 |  |  | $ | 5,045.2 |
____________________ (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 2023, 2022, and 2021 for the U.S. totaled $978.1 million, $1,288.8 million and $1,018.1 million, respectively, and for Brazil totaled $1,017.3 million, $1,621.1 million and $1,224.4 million, respectively. The following table provides information about disaggregated revenue by major product category:
| Year Ended December 31,
(in Millions) | 2023 |  | 2022 |  | 2021
Insecticides | $ | 2,639.4 |  |  | $ | 3,346.6 |  |  | $ | 3,020.0 |
Herbicides | 1,278.4 |  |  | 1,651.6 |  |  | 1,375.3 |
Fungicides | 317.6 |  |  | 383.9 |  |  | 325.5 |
Plant Health | 186.9 |  |  | 234.1 |  |  | 216.8 |
Other | 64.5 |  |  | 186.1 |  |  | 107.6 |
Total Revenue | $ | 4,486.8 |  |  | $ | 5,802.3 |  |  | $ | 5,045.2 |
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 December 31, 2023 |  | Increase (Decrease)
Receivables from contracts with customers, net of allowances | $ | 2,932.2 |  |  | $ | 2,722.7 |  |  | $ | (209.5) |
Contract liabilities: Advance payments from customers | 680.5 |  |  | 482.1 |  |  | (198.4) |

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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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