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Revenue Recognition | 12 Months Ended
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Dec. 31, 2021
Revenue from Contract with Customer [Abstract] |
Revenue Recognition | Revenue Recognition Revenue is recognized when performance obligations under the terms of a contract with a customer are satisfied, which generally occurs when control of the promised goods or services is transferred to the customer, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Generally, the Company considers collectability of amounts due under a contract to be probable upon inception of a sale based on an evaluation of the credit worthiness of each customer. If collectability is not considered to be probable, the Company defers recognition of revenue on satisfied performance obligations until the uncertainty is resolved. Any variable consideration, such as discounts or price concessions, is set forth in the terms of the contract at inception and is included in the assessment of the transaction price at the outset of the arrangement. The transaction price is allocated to the individual performance obligations due under the contract based on the relative stand-alone fair value of the performance obligations identified in the contract. The Company typically uses an observable price to determine the stand-alone selling price for separate performance obligations. The Company does not typically include extended payment terms or significant financing components in its contracts with customers. Certain product sales contracts may include cash-based incentives (volume rebates or credits), which are accounted for as variable consideration. We estimate these amounts at least quarterly based on the expected forecast quantities to be provided to customers and reduce revenues recognized accordingly. Incidental items that are immaterial in the context of the contract are recognized as expense in the period incurred. The Company generally expenses sales commissions when incurred because the amortization period is one year or less. These costs are recorded within sales and marketing expenses. The Company does not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which we recognize revenue at the amount to which we have the right to invoice for services performed. As a practical expedient, the Company treats shipping and handling activities that occur after control of the good transfers as fulfillment activities, and therefore, does not account for shipping and handling costs as a separate performance obligation. Net sales are attributed to the following geographic locations based on the location of the Company’s direct customers ($ in millions):
| For the Years Ended December 31,
| 2021 |  | 2020 |  | 2019
| AMS |  | EP |  | Total |  | AMS |  | EP |  | Total |  | AMS |  | EP |  | Total
U.S. | $ | 562.5 |  |  | $ | 155.8 |  |  | $ | 718.3 |  |  | $ | 376.7 |  |  | $ | 161.9 |  |  | $ | 538.6 |  |  | $ | 331.3 |  |  | $ | 182.8 |  |  | $ | 514.1 |
Europe and the former Commonwealth of Independent States | 193.8 |  |  | 189.5 |  |  | 383.3 |  |  | 47.5 |  |  | 182.2 |  |  | 229.7 |  |  | 45.8 |  |  | 172.6 |  |  | 218.4 |
Asia/Pacific (including China) | 124.9 |  |  | 86.2 |  |  | 211.1 |  |  | 94.6 |  |  | 110.7 |  |  | 205.3 |  |  | 77.6 |  |  | 95.0 |  |  | 172.6 |
Americas (excluding U.S.) | 31.4 |  |  | 46.5 |  |  | 77.9 |  |  | 9.3 |  |  | 43.6 |  |  | 52.9 |  |  | 7.6 |  |  | 45.6 |  |  | 53.2 |
Other foreign countries | 18.1 |  |  | 31.3 |  |  | 49.4 |  |  | 15.4 |  |  | 32.5 |  |  | 47.9 |  |  | 14.9 |  |  | 49.6 |  |  | 64.5 |
Total revenues (1) | $ | 930.7 |  |  | $ | 509.3 |  |  | $ | 1,440.0 |  |  | $ | 543.5 |  |  | $ | 530.9 |  |  | $ | 1,074.4 |  |  | $ | 477.2 |  |  | $ | 545.6 |  |  | $ | 1,022.8 |
(1) Revenues include net hedging gains and losses for the years ended December 31, 2021, 2020 and 2019. The AMS segment supplies customers serving generally high-growth end-markets, as follows. Healthcare - Sales to the medical market include products used in finger bandages, diagnostic test strips, and hospital-setting products. Construction - Sales to the construction end-market are comprised mostly of netting products for a range of erosion control applications. Industrial - Sales to the industrial end-market include products for high-end coated digital printing, packaging, undersea cable wraps, consumer-oriented specialty tapes and wind-turbine production. Transportation - The Company’s primary products are aftermarket automotive paint protection films, in addition to ballistic resistant and security glass used in various transportation modes. Filtration - The Company serves liquid and other filtration markets, producing reverse osmosis and other water filtration products along with media and support materials for air filtration devices. Industrial - Sales to the industrial end-market include products for high-end coated digital printing, packaging, undersea cable wraps, consumer-oriented specialty tapes and wind-turbine production. Net sales for the AMS business are disaggregated by end market as the percentage of the net sales as follows.
| For the Years Ended December 31,
| 2021 |  | 2020
Healthcare | 24 | % |  | 14 | %
Construction | 20 | % |  | 23 | %
Industrial | 20 | % |  | 17 | %
Transportation | 18 | % |  | 22 | %
Filtration | 18 | % |  | 24 | %
Total revenues (1) | 100 | % |  | 100 | %
(1) Revenues include contributions from Scapa Group plc and Tekra LLC effective April 15, 2021, and March 13, 2020, respectively.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
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