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Revenue
 12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
 
Approximately two-thirds of the Company's Net sales are to distributors who then sell directly into our end markets. Within the Utility Solutions segment, our businesses sell to distributors, with the majority of sales to the utility end markets. Our businesses within the Utility Solutions segment also sell directly into transmission and distribution utility markets.

The following table presents disaggregated revenue by business group. Prior period amounts have been reclassified to conform to our organizational changes as described in Note 1 - Basis of Presentation and Note 2 - Discontinued Operations:
Twelve Months Ended December 31,
in millions202120202019
Net sales
   Commercial and Industrial$1,150.1 $918.7 $1,013.1 
   Heavy Industrial337.5 302.0 382.9 
   Residential and Retail372.1 382.4 380.6 
Total Electrical Solutions$1,859.7 $1,603.1 $1,776.6 
   Utility T&D Components1,679.8 1,445.1 1,434.2 
   Utility Communications and Controls654.6 634.3 735.8 
Total Utility Solutions$2,334.4 $2,079.4 $2,170.0 
TOTAL(1)
$4,194.1 $3,682.5 $3,946.6 
(1) Sales of the Company's Commercial and Industrial Lighting business are included in earnings from discontinued operations, net of tax, on the Company's Consolidated Statements of Operations in the years ended December 31, 2021, 2020, and 2019. See Note 2, Discontinued Operations for further information.


The following table presents disaggregated third-party Net sales by geographic location (on a geographic basis, the Company defines "international" as operations based outside of the United States and its possessions):
Twelve Months Ended December 31,
in millions202120202019
Net sales
     United States$1,604.9 $1,389.0 $1,509.1 
     International254.8 214.1 267.5 
Total Electrical Solutions$1,859.7 $1,603.1 $1,776.6 
     United States2,204.9 1,967.9 2,037.0 
     International129.5 111.5 133.0 
Total Utility Solutions$2,334.4 $2,079.4 $2,170.0 
TOTAL$4,194.1 $3,682.5 $3,946.6 
Contract Balances

Our contract liabilities consist of advance payments for products as well as deferred revenue on service obligations and extended warranties. The current portion of deferred revenue is included in Other accrued liabilities and the non-current portion of deferred revenue is included in Other non-current liabilities in the Consolidated Balance Sheet.

Contract liabilities were $16.7 million as of December 31, 2021 compared to $29.8 million as of December 31, 2020. The $13.1 million decrease in our contract liabilities balance was primarily due to the recognition of $27.1 million in revenue related to amounts that were recorded in contract liabilities at January 1, 2021, partially offset by a $14.0 million net increase in current year deferrals primarily due to timing of advance payments on certain orders. Impairment losses recognized on our receivables and contract assets were immaterial in the twelve months ended December 31, 2021. See Note 1 – Significant Accounting Policies in the Notes to Consolidated Financial Statements for additional information.

Unsatisfied Performance Obligations

The Company has elected the practical expedient to disclose only the value of unsatisfied performance obligations for contracts with an original expected length greater than one year. As of December 31, 2021, the Company had approximately $420 million of unsatisfied performance obligations for contracts with an original expected length of greater than one year, primarily relating to long-term contracts of the Aclara business (within the Utility Solutions segment) to deliver and install meters, metering communications and grid monitoring sensor technology. The Company expects that a majority of the unsatisfied performance obligations will be completed and recognized over the next 2 years.