Revenue Recognition, Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2020

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers Summarized by Segment Geography

For the years ended December 31, 2020, 2019 and 2018, revenues from contracts with customers summarized by Segment and Geography were as follows:

	Year Ended December 31, 2020
(In millions)	Food		Protective		Total
North America	$	1,587.3	$	1,321.4	$	2,908.7
EMEA	617.9		410.1		1,028.0
APAC	406.4		324.1		730.5
South America	192.1		14.7		206.8
Topic 606 Segment Revenue	2,803.7		2,070.3		4,874.0
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	21.8		7.4		29.2
Total	$	2,825.5	$	2,077.7	$	4,903.2

	Year Ended December 31, 2019
(In millions)	Food		Protective		Total
North America	$	1,612.2	$	1,197.9	$	2,810.1
EMEA	617.1		388.2		1,005.3
APAC	413.7		299.0		712.7
South America	216.2		16.9		233.1
Topic 606 Segment Revenue	2,859.2		1,902.0		4,761.2
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	21.3		8.6		29.9
Total	$	2,880.5	$	1,910.6	$	4,791.1

	Year Ended December 31, 2018
(In millions)	Food		Protective		Total
North America	$	1,599.8	$	1,115.7	$	2,715.5
EMEA	653.1		381.2		1,034.3
APAC	424.1		300.8		724.9
South America	211.0		17.9		228.9
Topic 606 Segment Revenue	2,888.0		1,815.6		4,703.6
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)	20.1		9.0		29.1
Total	$	2,908.1	$	1,824.6	$	4,732.7

Contract Liabilities From Contracts with Customers

The following contract assets and liabilities were included in our Consolidated Balance Sheets as of December 31, 2020 and 2019:

	December 31,
(In millions)	2020		2019
Contract assets	$	1.4	$	—
Contract liabilities	$	20.3	$	16.7

Summary of Estimated Transaction Price Allocated to Performance Obligations or Portions of Performance Obligations Not Yet Satisfied

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 December 31, 2020 and 2019, as well as the expected timing of recognition of that transaction price.

	December 31,
(In millions)	2020		2019
Short-Term (12 months or less)(1)	$	7.3	$	6.2
Long-Term	13.0		10.5
Total transaction price	$	20.3	$	16.7

(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.