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Revenue from Contracts with Customers
 12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
Disaggregation of Revenue
Revenue from contracts with customers disaggregated by product category is as follows:
202220212020
Systems and storage$889.6 $833.2 $741.2 
Seating473.7 481.7 489.3 
Other123.0 119.0 135.2 
Total workplace furnishings1,486.2 1,434.0 1,365.7 
Residential building products875.6 750.4 589.7 
$2,361.8 $2,184.4 $1,955.4 

Sales by product category are subject to similar economic factors and market conditions. See "Note 16. Reportable Segment Information" in the Notes to Consolidated Financial Statements for further information about operating segments.

Contract Assets and Contract Liabilities
In addition to trade receivables, the Corporation has contract assets consisting of funds paid up-front to certain workplace furnishings dealers in exchange for their multi-year commitment to market and sell the Corporation’s products. These contract assets are amortized over the term of the contracts and recognized as a reduction of revenue. The Corporation has contract liabilities consisting of customer deposits and rebate and marketing program liabilities. Contract assets and contract liabilities were as follows:
December 31,
2022		January 1,
2022
Trade receivables (1)$218.4 $240.0 
Contract assets (current) (2)$2.9 $1.5 
Contract assets (long-term) (3)$29.8 $18.2 
Contract liabilities - Customer deposits (4)$27.3 $27.2 
Contract liabilities - Accrued rebate and marketing programs (4)$31.3 $31.5 

The index below indicates the line item in the Consolidated Balance Sheets where contract assets and contract liabilities are reported:

(1)     "Receivables"
(2)     "Prepaid expenses and other current assets"
(3)     "Other Assets"
(4)     "Accounts payable and accrued expenses"
Changes in contract asset and contract liability balances during the year ended December 31, 2022 were as follows:
Contract assets increase (decrease)Contract liabilities (increase) decrease
Contract assets recognized$15.9 $— 
Reclassification of contract assets to contra-revenue(2.9)— 
Contract liabilities recognized and recorded to contra-revenue as a result of performance obligations satisfied— (115.7)
Contract liabilities paid— 116.0 
Cash received in advance and not recognized as revenue— (144.9)
Reclassification of cash received in advance to revenue as a result of performance obligations satisfied— 137.2 
Impact of divestiture of business— 7.6 
Net change$13.0 $0.1 

Changes in contract asset and contract liability balances during the year ended January 1, 2022 were as follows:
Contract assets increase (decrease)Contract liabilities (increase) decrease
Contract assets recognized$17.3 $— 
Reclassification of contract assets to contra-revenue(0.9)— 
Contract liabilities recognized and recorded to contra-revenue as a result of performance obligations satisfied— (121.7)
Contract liabilities paid— 122.1 
Cash received in advance and not recognized as revenue— (115.2)
Reclassification of cash received in advance to revenue as a result of performance obligations satisfied— 109.9 
Impact of business combination— (0.8)
Net change$16.4 $(5.6)

The increase in contract assets in 2022 and 2021 is due to payments made in connection with multi-year distribution agreements in the workplace furnishings segment.

Contract liabilities for customer deposits paid to the Corporation prior to the satisfaction of performance obligations are recognized as revenue upon completion of the performance obligations. The amount of revenue recognized during the year ended December 31, 2022 that was included in the January 1, 2022 contract liabilities balance was $26.7 million. The amount of revenue recognized during the year ended January 1, 2022 that was included in the January 2, 2021 contract liabilities balance was $21.1 million.