Revenue Recognition, Contracts with Customers (Tables)

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenue from Contracts With Customers Summarized by Segment

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

	Three Months Ended September 30, 2020
(In millions)	Food		Protective		Total
North America	$	398.3	$	342.3	$	740.6
EMEA	154.2		100.9		255.1
APAC	102.4		83.8		186.2
South America	44.9		3.9		48.8
Topic 606 Segment Revenue	699.8		530.9		1,230.7
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	4.8		1.7		6.5
Total	$	704.6	$	532.6	$	1,237.2

	Nine Months Ended September 30, 2020
(In millions)	Food		Protective		Total
North America	$	1,178.7	$	959.7	$	2,138.4
EMEA	446.1		292.3		738.4
APAC	288.6		227.6		516.2
South America	139.6		10.0		149.6
Topic 606 Segment Revenue	2,053.0		1,489.6		3,542.6
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	15.1		4.6		19.7
Total	$	2,068.1	$	1,494.2	$	3,562.3

	Three Months Ended September 30, 2019
(In millions)	Food		Protective		Total
North America	$	415.3	$	310.1	$	725.4
EMEA	152.8		96.3		249.1
APAC	102.6		76.4		179.0
South America	53.7		4.5		58.2
Topic 606 Segment Revenue	724.4		487.3		1,211.7
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	5.2		1.6		6.8
Total	$	729.6	$	488.9	$	1,218.5

	Nine Months Ended September 30, 2019
(In millions)	Food		Protective		Total
North America	$	1,199.2	$	858.8	$	2,058.0
EMEA	449.5		279.3		728.8
APAC	301.3		216.2		517.5
South America	156.6		12.4		169.0
Topic 606 Segment Revenue	2,106.6		1,366.7		3,473.3
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	14.0		4.9		18.9
Total	$	2,120.6	$	1,371.6	$	3,492.2

Opening and Closing Balances of Contract Assets and Contract Liabilities

ontract liabilities arising from contracts with customers as of September 30, 2020 and December 31, 2019 were included within the following line items on our Condensed Consolidated Balance Sheets:

(In millions)	September 30, 2020		December 31, 2019
Other current liabilities	7.0		6.2
Other non-current liabilities	14.6		10.5
Total contract liabilities	$	21.6	$	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 September 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	$	14.6	$	21.6

(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.