Revenue Recognition, Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenue from Contracts With Customers Summarized by Segment

For the three and six months ended June 30, 2020 and 2019, revenues from contracts with customers summarized by Segment Geography were as follows:

	Three Months Ended June 30, 2020
(In millions)	Food		Protective		Total
North America	$	379.2	$	309.2	$	688.4
EMEA	150.2		87.9		238.1
APAC	92.3		77.1		169.4
South America	45.3		2.4		47.7
Topic 606 Segment Revenue	667.0		476.6		1,143.6
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	6.2		1.4		7.6
Total	$	673.2	$	478.0	$	1,151.2

	Six Months Ended June 30, 2020
(In millions)	Food		Protective		Total
North America	$	780.4	$	617.4	$	1,397.8
EMEA	291.9		191.4		483.3
APAC	186.2		143.8		330.0
South America	94.7		6.1		100.8
Topic 606 Segment Revenue	1,353.2		958.7		2,311.9
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	10.3		2.9		13.2
Total	$	1,363.5	$	961.6	$	2,325.1

	Three Months Ended June 30, 2019
(In millions)	Food		Protective		Total
North America	$	401.1	$	282.9	$	684.0
EMEA	155.6		89.2		244.8
APAC	96.5		72.5		169.0
South America	52.3		3.8		56.1
Topic 606 Segment 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		Protective		Total
North America	$	783.9	$	548.7	$	1,332.6
EMEA	296.7		183.0		479.7
APAC	198.7		139.8		338.5
South America	102.9		7.9		110.8
Topic 606 Segment 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

Opening and Closing Balances of Contract Assets and Contract Liabilities

The opening and closing balances of contract liabilities arising from contracts with customers as of June 30, 2020 and December 31, 2019 were as follows:

(In millions)	June 30, 2020	December 31, 2019
Contract liabilities	16.4	16.7

Summary of Estimated Transaction Price from Contracts With Customers Allocated to Performance Obligations Remaining Performance Obligation, Expected Timing of Satisfaction

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, 2020, as well as the expected timing of recognition of that transaction price.

(In millions)	Short-Term (12 months or less)(1)		Long-Term		Total
Total transaction price	$	7.0	$	9.4	$	16.4

(1) Our enforceable contractual obligations tend to be short term in nature. The table above does not include the transaction price of any remaining performance obligations that are part of the contracts with expected durations of one year or less.