Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table provides information about disaggregated revenue by major geographical region:

	Year Ended December 31,
(in Millions)	2021		2020		2019
North America (1) (2)	$	61.4	$	53.3	$	76.2
Latin America	—		0.2		1.0
Europe, Middle East & Africa	62.2		49.2		59.0
Asia Pacific (1) (2)	296.8		185.5		252.2
Total Revenue	$	420.4	$	288.2	$	388.4

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1.In 2021, countries with sales in excess of 10% of combined revenue consisted of Japan, the U.S., South Korea and China. Sales for the year ended December 31, 2021 for Japan, the U.S., South Korea and China totaled $75.1 million, $59.9 million, $43.6 million and $160 million, respectively. Sales for the year ended December 31, 2020 for Japan, the U.S. and China totaled $97.7 million, $52.6 million and $55.3 million, respectively, and sales for the year ended December 31, 2019 totaled $160.4 million, $75.2 million and $53.2 million, respectively.

2.In the fourth quarter of 2021, we reclassified certain revenue from the nine months ended September 30, 2021 from North America to Asia Pacific to present revenue based on product destination.

The following table provides information about disaggregated revenue by major product category:

	Year Ended December 31,
(in Millions)	2021		2020		2019
Lithium Hydroxide	$	208.0	$	157.5	$	213.8
Butyllithium	105.4		87.1		99.9
High Purity Lithium Metal and Other Specialty Compounds	36.9		31.7		52.4
Lithium Carbonate and Lithium Chloride	70.1		11.9		22.3
Total Revenue	$	420.4	$	288.2	$	388.4

Receivables and Contract Liabilities

The following table presents the opening and closing balances of our receivables, net of allowances from contracts with customers.

	Balance as of
(in Millions)	December 31, 2021		December 31, 2020		Increase
Receivables from contracts with customers, net of allowances	$	96.4	$	76.3	$	20.1