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Revenue
 9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Revenue
(9) Revenue

The following tables present the Company’s revenue, disaggregated by major product. The following tables also include a reconciliation of the disaggregated revenue with the Company’s reportable segments.
Three Months Ended September 30, 2021Nine Months Ended September 30, 2021
(in millions)PetroleumNitrogen FertilizerOther / EliminationConsolidatedPetroleumNitrogen FertilizerOther / EliminationConsolidated
Major Product
Gasoline$962 $— $— $962 $2,619 $— $— $2,619 
Distillates (1)723 — — 723 1,996 — — 1,996 
Ammonia— 27 — 27 — 68 — 68 
UAN— 99 — 99 — 224 — 224 
Other urea products— 8 — 8 — 20 — 20 
Freight revenue5 9 — 14 16 24 — 40 
Other (2)45 2 (4)43 117 8 (8)117 
Revenue from product sales1,735 145 (4)1,876 4,748 344 (8)5,084 
Crude oil sales6 — — 6 43 — — 43 
Other revenue (2)1 — — 1 2 — — 2 
Net sales$1,742 $145 $(4)$1,883 $4,793 $344 $(8)$5,129 

Three Months Ended September 30, 2020Nine Months Ended September 30, 2020
(in millions)PetroleumNitrogen FertilizerOther / EliminationConsolidatedPetroleumNitrogen FertilizerOther / EliminationConsolidated
Major Product
Gasoline$513 $— $— $513 $1,329 $— $— $1,329 
Distillates (1)381 — — 381 1,102 — — 1,102 
Ammonia— 13 — 13 — 64 — 64 
UAN— 51 — 51 — 153 — 153 
Other urea products— 3 — 3 — 11 — 11 
Freight revenue4 10 — 14 13 24 — 37 
Other (2)21 2 (1)22 56 8 (5)59 
Revenue from product sales919 79 (1)997 2,500 260 (5)2,755 
Crude oil sales8 — — 8 55 — — 55 
Other revenue (2)— — — — 1 — — 1 
Net sales$927 $79 $(1)$1,005 $2,556 $260 $(5)$2,811 
(1)Distillates consist primarily of diesel fuel, kerosene, and jet fuel.
(2)Other revenue consists primarily of feedstock, asphalt sales, and pipeline and processing fees.

Transaction Price Allocated to Remaining Performance Obligations

As of September 30, 2021, the Nitrogen Fertilizer Segment had approximately $7 million of remaining performance obligations for contracts with an original expected duration of more than one year. The Nitrogen Fertilizer Segment expects to recognize approximately $1 million of these performance obligations as revenue by the end of 2021, an additional $4 million in 2022, and the remaining balance thereafter.
Contract Balances

The Nitrogen Fertilizer Segment’s deferred revenue is a contract liability that primarily relates to nitrogen fertilizer sales contracts requiring customer prepayment prior to product delivery to guarantee a price and supply of nitrogen fertilizer. A summary of the Nitrogen Fertilizer Segment’s deferred revenue activity during the nine months ended September 30, 2021 is presented below:
(in millions)
Balance at December 31, 2020$31 
Add:
New prepay contracts entered into during the period (1)54 
Less:
Revenue recognized that was included in the contract liability balance at the beginning of the period(30)
Revenue recognized related to contracts entered into during the period(21)
Balance at September 30, 2021$34 
(1) Includes $50 million where payment associated with prepaid contracts was collected as of September 30, 2021.