XML 22 R11.htm IDEA: XBRL DOCUMENT v3.22.2.2
Revenues
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Disaggregation of Revenue
The following table presents our Net sales disaggregated by product line.
 Three Months Ended September 30,Nine Months Ended September 30,
In millions2022202120222021
Performance Materials segment$144.9 $118.1 $415.7 $384.8 
Performance Chemicals segment
Pavement Technologies product line88.3 73.2 194.0 162.4 
Industrial Specialties product line179.3 132.6 489.9 364.7 
Engineered Polymers product line69.5 52.9 185.1 143.6 
Total$337.1 $258.7 $869.0 $670.7 
Net sales$482.0 $376.8 $1,284.7 $1,055.5 
The following table presents our Net sales disaggregated by geography, based on the delivery address of our customer.
Three Months Ended September 30,Nine Months Ended September 30,
In millions2022202120222021
North America$291.9 $219.3 $759.7 $580.8 
Asia Pacific113.6 89.6 297.3 285.0 
Europe, Middle East, and Africa62.6 62.3 194.0 172.5 
South America13.9 5.6 33.7 17.2 
Net sales$482.0 $376.8 $1,284.7 $1,055.5 
Contract Balances
The following table provides information about contract assets and contract liabilities from contracts with customers. The contract assets primarily relate to our rights to consideration for products produced but not billed at the reporting date. The contract assets are recognized as accounts receivables when the rights become unconditional and the customer has been billed. Contract liabilities represent obligations to transfer goods to a customer for which we have received consideration from our customer. For all periods presented we had no contract liabilities.
Contract Asset
September 30,
In millions20222021
Beginning balance$5.3 $5.7 
Contract asset additions14.3 15.8 
Reclassification to accounts receivable, billed to customers(13.4)(15.4)
Ending balance (1)
$6.2 $6.1 
______________
(1) Included within "Prepaid and other current assets" on the condensed consolidated balance sheets.