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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2025
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)20252024
North America$186.4 $259.1 
Latin America206.8 188.0 
Europe, Middle East & Africa (EMEA)272.8 306.8 
Asia125.4 164.1 
Total Revenue$791.4 $918.0 
The following table provides information about disaggregated revenue by major product category:
Three Months Ended March 31,
(in Millions)20252024
Insecticides$402.7 $501.3 
Herbicides272.2 294.9 
Fungicides52.7 70.4 
Plant Health45.2 44.8 
Other18.6 6.6 
Total Revenue$791.4 $918.0 
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 March 31, 2025Balance as of December 31, 2024Increase (Decrease)
Receivables from contracts with customers, net of allowances (1)
$2,936.0 $2,942.9 $(6.9)
Contract liabilities: Advance Payments from customers (2)
1.8 453.8 (452.0)
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(1)Amount includes $2,900.1 million of trade receivables and $35.9 million of net long-term customer receivables as of March 31, 2025. See Note 5 for more information.
(2)The amount of revenue recognized in the three months ended March 31, 2025 that was included in the opening contract liability balance is $452.0 million.