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Revenue
6 Months Ended
Jun. 30, 2018
Text block1 [abstract]  
Revenue

NOTE 3 - REVENUE

3.1 Disaggregation of revenue

The following table presents our revenue by product line:

 

(in millions of Euros)

   Three months
ended
June 30, 2018
     Three months
ended
June 30, 2017
     Six months
ended
June 30, 2018
     Six months
ended
June 30, 2017
 

Packaging rolled products

     589        566        1,125        1,116  

Automotive rolled products

     163        123        318        227  

Specialty and other thin-rolled products

     47        45        92        94  

Aerospace rolled products

     197        207        376        408  

Transportation, Industry and other rolled products

     148        151        300        287  

Automotive extruded products

     178        151        347        309  

Other extruded products

     148        136        296        262  

Other

     4        3        6        7  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Revenue

     1,474        1,382        2,860        2,710  
  

 

 

    

 

 

    

 

 

    

 

 

 

The following table presents our revenue by destination of shipment:

 

(in millions of Euros)

   Three months
ended
June 30, 2018
     Three months
ended
June 30, 2017
     Six months
ended
June 30, 2018
     Six months
ended
June 30, 2017
 

France

     152        151        302        293  

Germany

     349        310        700        607  

United Kingdom

     39        53        83        100  

Switzerland

     26        31        43        61  

Other Europe

     270        261        514        502  

United States

     485        442        928        880  

Canada

     28        25        49        44  

Asia and Other Pacific

     76        65        143        135  

All Other

     49        44        98        88  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

     1,474        1,382        2,860        2,710  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

Revenue is recognized at a point in time, except for certain tooling, tolling and contracts for goods without any alternative use for which we have a right to payment representing less than 1 % over total revenues.

3.2 Transaction price allocated to remaining performance obligations

The Company elected the practical expedient applicable to performance obligations which are part of contracts that have an original duration of one year or less. The transaction price allocated to remaining performance obligations which are part of contracts with an original duration of more than one year as of June 30, 2018 was immaterial.