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Revenue Recognition (Tables)
12 Months Ended
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)202320222021
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 & Africa899.2 1,039.7 1,040.0 
Asia981.7 1,238.6 1,254.6 
Total Revenue$4,486.8 $5,802.3 $5,045.2 
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(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)202320222021
Insecticides$2,639.4 $3,346.6 $3,020.0 
Herbicides1,278.4 1,651.6 1,375.3 
Fungicides317.6 383.9 325.5 
Plant Health186.9 234.1 216.8 
Other64.5 186.1 107.6 
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, 2022Balance as of December 31, 2023Increase (Decrease)
Receivables from contracts with customers, net of allowances$2,932.2 $2,722.7 $(209.5)
Contract liabilities: Advance payments from customers680.5 482.1 (198.4)