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Revenue Recognition, Contracts with Customers (Tables)
3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts With Customers Summarized by Segment For the three months ended March 31, 2021 and 2020, revenues from contracts with customers summarized by Segment and Geography were as follows:
Three Months Ended March 31, 2021
(In millions)FoodProtectiveTotal
Americas$434.8 $348.1 $782.9 
EMEA151.9 128.5 280.4 
APAC109.9 86.8 196.7 
Topic 606 Segment Revenue696.6 563.4 1,260.0 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)5.6 1.5 7.1 
Total$702.2 $564.9 $1,267.1 


Three Months Ended March 31, 2020
(In millions)FoodProtectiveTotal
Americas$450.6 $311.9 $762.5 
EMEA141.7 103.5 245.2 
APAC93.9 66.7 160.6 
Topic 606 Segment Revenue686.2 482.1 1,168.3 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)4.1 1.5 5.6 
Total$690.3 $483.6 $1,173.9 
Opening and Closing Balances of Contract Assets and Contract Liabilities The following contract assets and liabilities are included within Prepaid expenses and other current assets, Other current liabilities, or Other non-current liabilities in our Condensed Consolidated Balance Sheets as of March 31, 2021 and December 31, 2020:
(In millions)March 31, 2021December 31, 2020
Contract assets$1.3 $1.4 
Contract liabilities$18.6 $20.3 
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 March 31, 2021, as well as the expected timing of recognition of that transaction price.
(In millions)March 31, 2021December 31, 2020
Short-Term (12 months or less)(1)
$15.9 $7.3 
Long-Term2.7 13.0 
Total transaction price$18.6 $20.3 
(1) 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.