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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2019
Revenue From Contract With Customer [Abstract]  
Net Sales Disaggregated by Products and Services

The following table presents net sales disaggregated by products and services:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Products

 

 

 

 

 

 

 

 

 

Commercial print

$

442.9

 

 

$

496.4

 

 

$

1,278.8

 

 

$

1,421.3

 

Direct marketing

 

193.5

 

 

 

142.7

 

 

 

479.0

 

 

 

424.1

 

Packaging

 

182.1

 

 

 

179.7

 

 

 

484.2

 

 

 

474.0

 

Statements

 

134.0

 

 

 

133.5

 

 

 

417.1

 

 

 

436.4

 

Labels

 

124.0

 

 

 

118.8

 

 

 

364.1

 

 

 

355.5

 

Digital print and fulfillment

 

122.5

 

 

 

113.5

 

 

 

347.2

 

 

 

332.6

 

Supply chain management

 

69.8

 

 

 

81.5

 

 

 

222.4

 

 

 

242.2

 

Forms

 

60.0

 

 

 

63.7

 

 

 

181.6

 

 

 

195.5

 

Total products net sales

$

1,328.8

 

 

$

1,329.8

 

 

$

3,774.4

 

 

$

3,881.6

 

Services

 

 

 

 

 

 

 

 

 

Logistics

$

204.6

 

 

$

229.1

 

 

$

614.3

 

 

$

880.3

 

Business process outsourcing

 

58.6

 

 

 

60.5

 

 

 

181.0

 

 

 

183.1

 

Digital and creative solutions

 

27.4

 

 

 

30.1

 

 

 

80.3

 

 

 

91.8

 

Total services net sales

$

290.6

 

 

$

319.7

 

 

$

875.6

 

 

$

1,155.2

 

Total net sales

$

1,619.4

 

 

$

1,649.5

 

 

$

4,650.0

 

 

$

5,036.8

 

 

 

Contract Assets and Liabilities from Contracts with Clients

The following table provides information about contract assets and liabilities from contracts with clients:

 

 

Contract Assets

 

 

Contract Liabilities

 

 

Short-Term

 

 

Short-Term

 

 

Long-Term

 

Balance at December 31, 2018

$

2.7

 

 

$

16.5

 

 

$

0.6

 

Balance at September 30, 2019

 

3.1

 

 

 

24.9

 

 

 

0.5