XML 23 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue Recognition
6 Months Ended
Jun. 30, 2020
Revenue From Contract With Customer [Abstract]  
Revenue Recognition

Note 5. Revenue Recognition

Disaggregated Revenue

Revenues by geography and business line are as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

U.S. and Canada

 

$

532

 

 

$

579

 

 

$

1,108

 

 

$

1,115

 

EMEA (1)

 

 

95

 

 

 

112

 

 

 

209

 

 

 

227

 

APAC (2)

 

 

4

 

 

 

14

 

 

 

18

 

 

 

28

 

ADI Global Distribution

 

 

631

 

 

 

705

 

 

 

1,335

 

 

 

1,370

 

Comfort

 

 

198

 

 

 

271

 

 

 

428

 

 

 

543

 

Security

 

 

115

 

 

 

137

 

 

 

237

 

 

 

269

 

Residential Thermal Solutions

 

 

85

 

 

 

129

 

 

 

208

 

 

 

276

 

Products & Solutions

 

 

398

 

 

 

537

 

 

 

873

 

 

 

1,088

 

Net revenue

 

$

1,029

 

 

$

1,242

 

 

$

2,208

 

 

$

2,458

 

 

(1)

EMEA represents Europe, the Middle East and Africa.

(2)

APAC represents Asia and Pacific countries.

 

The Company recognizes the majority of its revenue from performance obligations outlined in contracts with its customers that are satisfied at a point in time. Approximately 3% of the Company’s revenue is satisfied over time. As of June 30, 2020, and 2019 contract assets and liabilities were not material.