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Revenue Recognition, Contracts with Customers (Tables)
3 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts With Customers Summarized by Segment
For the three months ended March 31, 2019 and 2018, revenues from contracts with customers summarized by Segment and Geographic region were as follows:
 
 
Three Months Ended March 31, 2019
(In millions)
 
Food Care
 
Product Care
 
Total
North America
 
$
382.8

 
$
265.8

 
$
648.6

EMEA
 
141.1

 
93.8

 
234.9

South America
 
50.6

 
4.1

 
54.7

APAC
 
102.2

 
67.3

 
169.5

Topic 606 Revenue
 
676.7

 
431.0

 
1,107.7

Non-Topic 606 Revenue (Leasing: Sales-type and Operating)
 
3.3

 
1.7

 
5.0

Total
 
$
680.0

 
$
432.7

 
$
1,112.7


 
 
Three Months Ended March 31, 2018
(In millions)
 
Food Care
 
Product Care
 
Total
North America
 
$
378.0

 
$
256.8

 
$
634.8

EMEA
 
155.6

 
101.2

 
256.8

South America
 
54.1

 
4.8

 
58.9

APAC
 
103.7

 
69.9

 
173.6

Topic 606 Revenue
 
691.4

 
432.7


1,124.1

Non-Topic 606 Revenue (Leasing: Sales-type and Operating)
 
4.9

 
2.0

 
6.9

Total
 
$
696.3


$
434.7


$
1,131.0


Opening and Closing Balances of Contract Assets And Contract Liabilities
The closing balances of contract liabilities arising from contracts with customers as of March 31, 2019 and December 31, 2018 were as follows:
(In millions)
 
March 31, 2019
 
December 31, 2018
Contract assets
 
$

 
$

Contract liabilities
 
11.6

 
10.4

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 March 31, 2019, 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
 
$
1.9

 
$
9.7

 
$
11.6