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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2020
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

 

 

March 31,

 

 

2020

 

 

2019

 

Products

 

Commercial print

$

363.4

 

 

$

422.4

 

Direct marketing

 

182.8

 

 

 

148.5

 

Statements

 

126.9

 

 

 

149.5

 

Labels

 

121.6

 

 

 

120.5

 

Packaging

 

115.1

 

 

 

139.5

 

Digital print and fulfillment

 

113.6

 

 

 

109.6

 

Supply chain management

 

69.7

 

 

 

78.5

 

Forms

 

52.4

 

 

 

62.4

 

Total products net sales

$

1,145.5

 

 

$

1,230.9

 

Services

 

Logistics

$

195.2

 

 

$

201.7

 

Business process outsourcing

 

41.4

 

 

 

61.8

 

Digital and creative solutions

 

27.4

 

 

 

27.5

 

Total services net sales

$

264.0

 

 

$

291.0

 

Total net sales

$

1,409.5

 

 

$

1,521.9

 

 

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, 2019

$

2.0

 

 

$

18.9

 

 

$

0.2

 

Balance at March 31, 2020

 

3.7

 

 

 

13.5

 

 

 

0.2