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Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table provides information about disaggregated revenue by major geographical region:
| Three Months Ended March 31, |  |
(in Millions) | 2024 |  | 2023 |  |  |  |
North America | $ | 259.1 |  |  | $ | 497.3 |  |  |  |  |
Latin America | 188.0 |  |  | 233.6 |  |  |  |  |
Europe, Middle East & Africa (EMEA) | 306.8 |  |  | 383.0 |  |  |  |  |
Asia | 164.1 |  |  | 230.4 |  |  |  |  |
Total Revenue | $ | 918.0 |  |  | $ | 1,344.3 |  |  |  |  |
The following table provides information about disaggregated revenue by product category:
| Three Months Ended March 31, |  |
(in Millions) | 2024 |  | 2023 |  |  |  |
Insecticides | $ | 501.3 |  |  | $ | 746.7 |  |  |  |  |
Herbicides | 294.9 |  |  | 442.8 |  |  |  |  |
Fungicides | 70.4 |  |  | 101.0 |  |  |  |  |
Plant Health | 44.8 |  |  | 52.3 |  |  |  |  |
Other | 6.6 |  |  | 1.5 |  |  |  |  |
Total Revenue | $ | 918.0 |  |  | $ | 1,344.3 |  |  |  |  |
Schedule of 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, 2023 |  | Balance as of March 31, 2024 |  | Increase (Decrease)
Receivables from contracts with customers, net of allowances (1) | $ | 2,722.7 |  |  | $ | 2,832.9 |  |  | $ | 110.2 |
Contract liabilities: Advance Payments from customers (2) | 482.1 |  |  | 88.7 |  |  | (393.4) |
____________________ (1)Amount includes $2,817.9 million of trade receivables and $15.0 million of net long-term customer receivables as of March 31, 2024. See Note 5 for more information. (2)The amount of revenue recognized in the three months ended March 31, 2024 that was included in the opening contract liability balance is $393.4 million.

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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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