Revenue Recognition, Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2019

Revenue from Contract with Customer [Abstract]

Revenue from Contracts With Customers Summarized by Segment

For the three and six months ended June 30, 2019 and 2018, revenues from contracts with customers summarized by Segment and Geographic region were as follows:

	Three Months Ended June 30, 2019
(In millions)	Food Care		Product Care		Total
North America	$	401.1	$	282.9	$	684.0
EMEA	155.6		89.2		244.8
South America	52.3		3.8		56.1
APAC	96.5		72.5		169.0
Topic 606 Revenue	705.5		448.4		1,153.9
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	5.5		1.6		7.1
Total	$	711.0	$	450.0	$	1,161.0

	Six Months Ended June 30, 2019
(In millions)	Food Care		Product Care		Total
North America	$	783.9	$	548.7	$	1,332.6
EMEA	296.7		183.0		479.7
South America	102.9		7.9		110.8
APAC	198.7		139.8		338.5
Topic 606 Revenue	1,382.2		879.4		2,261.6
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	8.8		3.3		12.1
Total	$	1,391.0	$	882.7	$	2,273.7

	Three Months Ended June 30, 2018
(In millions)(1)	Food Care		Product Care		Total
North America	$	390.6	$	265.2	$	655.8
EMEA	164.4		96.8		261.2
South America	50.7		4.5		55.2
APAC	102.2		73.4		175.6
Topic 606 Revenue	707.9		439.9		1,147.8
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	5.1		2.3		7.4
Total	$	713.0	$	442.2	$	1,155.2

	Six Months Ended June 30, 2018
(In millions)(1)	Food Care		Product Care		Total
North America	$	768.6	$	522.0	$	1,290.6
EMEA	320.0		198.0		518.0
South America	104.8		9.3		114.1
APAC	205.9		143.3		349.2
Topic 606 Revenue	1,399.3		872.6		2,271.9
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	10.0		4.3		14.3
Total	$	1,409.3	$	876.9	$	2,286.2

⁽¹⁾ 

Amounts by geography has been reclassified from prior year disclosure to reflect adjustments to our regional operating model. As of January 1, 2019, our geographic regions are: North America, EMEA, South America and APAC. Our North American operations include Canada, the United States, Mexico and Central America. Mexico and Central America were previously included in Latin America.

Opening and Closing Balances of Contract Assets And Contract Liabilities

The closing balances of contract liabilities arising from contracts with customers as of June 30, 2019 and December 31, 2018 were as follows:

(In millions)	June 30, 2019		December 31, 2018
Contract assets	$	—	$	—
Contract liabilities	11.7		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 June 30, 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	$	5.3	$	6.4	$	11.7