v3.26.1
Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue by Major Geographical Region and Product Category
The following table provides information about disaggregated revenue by major geographical region:
Three Months Ended June 30,Six Months Ended June 30,
(in Millions)2026202520262025
North America$248.8 $320.9 $446.4 $507.3 
Latin America277.9 310.4 454.9 517.2 
Europe, Middle East & Africa (EMEA)214.1 260.4 521.0 533.2 
Asia126.3 158.8 203.4 284.2 
Total Revenue$867.1 $1,050.5 $1,625.7 $1,841.9 
The following table provides information about disaggregated revenue by major product category:
Three Months Ended June 30,Six Months Ended June 30,
(in Millions)2026202520262025
Insecticides$423.5 $525.3 $764.1 $928.0 
Herbicides318.2 376.0 631.9 648.2 
Fungicides88.4 80.4 144.2 133.1 
Plant Health36.3 44.9 84.1 90.1 
Other0.7 23.9 1.4 42.5 
Total Revenue$867.1 $1,050.5 $1,625.7 $1,841.9 
Schedule of Opening and Closing Balances of Receivables and Contract Liabilities from Contracts With Customers
The following table presents the opening and closing balances of our receivables, net of allowances and contract liabilities from contracts with customers:
(in Millions)Balance as of June 30, 2026Balance as of December 31, 2025Increase (Decrease)
Receivables from contracts with customers, net of allowances (1)
$2,121.4 $2,137.1 $(15.7)
Contract liabilities: Advance payments from customers (2)
235.5 453.1 (217.6)
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(1)Amount includes $2,070.5 million of trade receivables and $50.9 million of net long-term customer receivables as of June 30, 2026. See Note 5 for more information.
(2)Amount includes $35.5 million of short-term advance payments from customers and $200.0 million of long-term advance payments from customers as of June 30, 2026. The long-term advance payments from customers includes the deferred revenue recognized in connection with the licensing agreement discussed further below and recorded in Other long-term liabilities on the consolidated balance sheet. The amount of revenue recognized in the six months ended June 30, 2026 that was included in the opening contract liability balance is $417.6 million.