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Revenue Recognition, Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts With Customers Summarized by Segment
For the three and six months ended June 30, 2023 and 2022, revenues from contracts with customers summarized by Segment and Geography were as follows:
Three Months Ended
June 30, 2023
Six Months Ended
June 30, 2023
(In millions)FoodProtectiveTotalFoodProtectiveTotal
Americas$576.1 $319.9 $896.0 $1,142.2 $626.1 $1,768.3 
EMEA179.7 109.3 289.0 348.9 228.9 577.8 
APAC110.7 70.1 180.8 223.0 138.7 361.7 
Topic 606 Segment Revenue866.5 499.3 1,365.8 1,714.1 993.7 2,707.8 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)14.1 0.9 15.0 19.6 2.2 21.8 
Total$880.6 $500.2 $1,380.8 $1,733.7 $995.9 $2,729.6 

Three Months Ended
June 30, 2022
Six Months Ended
June 30, 2022
(In millions)FoodProtectiveTotalFoodProtectiveTotal
Americas$530.7 $411.0 $941.7 $1,055.6 $810.9 $1,866.5 
EMEA168.3 119.9 288.2 334.9 243.7 578.6 
APAC100.5 79.4 179.9 210.9 164.0 374.9 
Topic 606 Segment Revenue799.5 610.3 1,409.8 1,601.4 1,218.6 2,820.0 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)6.3 1.9 8.2 12.1 3.5 15.6 
Total$805.8 $612.2 $1,418.0 $1,613.5 $1,222.1 $2,835.6 
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 and Other current liabilities, or Other non-current liabilities on our Condensed Consolidated Balance Sheets as of June 30, 2023 and December 31, 2022:
(In millions)June 30, 2023December 31, 2022
Contract assets$0.4 $0.5 
Contract liabilities$18.5 $18.2 
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, 2023 and December 31, 2022, as well as the expected timing of recognition of that transaction price.
(In millions)June 30, 2023December 31, 2022
Short-Term (12 months or less)(1)
$13.5 $13.0 
Long-Term5.0 5.2 
Total transaction price$18.5 $18.2 
(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.