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Revenue Recognition, Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2018
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts With Customers Summarized by Segment
For the three and six months ended June 30, 2018, revenues from contracts with customers summarized by Segment Geography were as follows:
 
 
Three Months Ended June 30, 2018
(In millions)
 
Food Care
 
Product Care
 
Total
North America
 
$
351.9

 
$
257.0

 
$
608.9

EMEA(1)
 
163.8

 
97.0

 
260.8

Latin America
 
90.1

 
12.6

 
102.7

APAC(2)
 
102.2

 
73.2

 
175.4

Topic 606 Segment Revenue
 
708.0

 
439.8

 
1,147.8

Non-Topic 606 Revenue (Leasing)
 
5.0

 
2.4

 
7.4

Total
 
$
713.0

 
$
442.2

 
$
1,155.2


 
 
Six Months Ended June 30, 2018
(In millions)
 
Food Care
 
Product Care
 
Total
North America
 
$
692.9

 
$
506.9

 
$
1,199.8

EMEA(1)
 
319.4

 
198.2

 
517.6

Latin America
 
181.2

 
24.2

 
205.4

APAC(2)
 
205.9

 
143.2

 
349.1

Topic 606 Segment Revenue
 
1,399.4

 
872.5


2,271.9

Non-Topic 606 Revenue (Leasing)
 
9.9

 
4.4

 
14.3

Total
 
$
1,409.3


$
876.9


$
2,286.2

 
 
(1) 
EMEA = Europe, Middle East and Africa
(2) 
APAC = Asia, Australia and New Zealand
Opening and Closing Balances of Contract Assets And Contract Liabilities
The opening and closing balances of contract assets and contract liabilities arising from contracts with customers as of June 30, 2018 were as follows:
(In millions)
 
December 31, 2017
 
January 1, 2018,
as adjusted
 
June 30, 2018
Contract assets
 
$

 
$

 
$

Contract liabilities
 
3.1

 
5.5

 
8.1

Summary of Estimated Transaction Price from Contracts With Customers Allocated to Performance Obligations Remaining Performance Obligation, Expected Timing Of Satisfaction
Additionally, the following table summarizes the estimated transaction price from contracts with customers allocated to performance obligations or portions of performance obligations that have not yet been satisfied as of June 30, 2018, as well as the expected timing of recognition of that transaction price.
(In millions)
 
Short-Term
(12 months or less)
 
Long-Term
 
Total
Total transaction price
 
$
1.7

 
$
6.4

 
$
8.1