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Revenue Recognition (Tables)
 9 Months Ended
Sep. 30, 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 September 30,Nine Months Ended September 30,
(in Millions)2024202320242023
North America$235.5 $159.6 $833.4 $929.4 
Latin America504.1 466.1 999.3 968.4 
Europe, Middle East & Africa (EMEA)139.3 149.0 647.3 739.6 
Asia186.5 207.2 541.8 703.3 
Total Revenue$1,065.4 $981.9 $3,021.8 $3,340.7 
The following table provides information about disaggregated revenue by product category:
Three Months Ended September 30,Nine Months Ended September 30,
(in Millions)2024202320242023
Insecticides$647.9 $582.4 $1,718.3 $1,988.0 
Herbicides275.6 268.0 907.1 936.3 
Fungicides84.8 55.5 229.7 228.8 
Plant Health47.3 42.6 135.6 138.3 
Other9.8 33.4 31.1 49.3 
Total Revenue$1,065.4 $981.9 $3,021.8 $3,340.7 
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 September 30, 2024Balance as of December 31, 2023Increase (Decrease)
Receivables from contracts with customers, net of allowances (1)
$2,919.6 $2,722.7 $196.9 
Contract liabilities: Advance Payments from customers (2)
0.4 482.1 (481.7)
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(1)Amount includes $2,890.5 million of trade receivables and $29.1 million of net long-term customer receivables as of September 30, 2024. See Note 5 for more information.
(2)The amount of revenue recognized in the nine months ended September 30, 2024 that was included in the opening contract liability balance is $481.7 million.