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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 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

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Products

 

 

 

 

 

 

 

 

 

Commercial print

$

275.5

 

 

$

413.5

 

 

$

638.9

 

 

$

835.9

 

Packaging

 

150.4

 

 

 

162.6

 

 

 

265.5

 

 

 

302.1

 

Labels

 

113.7

 

 

 

119.6

 

 

 

235.3

 

 

 

240.1

 

Direct marketing

 

108.0

 

 

 

137.0

 

 

 

290.8

 

 

 

285.5

 

Statements

 

101.9

 

 

 

133.6

 

 

 

228.8

 

 

 

283.1

 

Digital print and fulfillment

 

84.6

 

 

 

115.1

 

 

 

198.2

 

 

 

224.7

 

Supply chain management

 

64.9

 

 

 

74.1

 

 

 

134.6

 

 

 

152.6

 

Forms

 

48.6

 

 

 

59.2

 

 

 

101.0

 

 

 

121.6

 

Total products net sales

$

947.6

 

 

$

1,214.7

 

 

$

2,093.1

 

 

$

2,445.6

 

Services

 

 

 

 

 

 

 

 

 

Logistics

$

155.2

 

 

$

208.0

 

 

$

350.4

 

 

$

409.7

 

Business process outsourcing

 

38.0

 

 

 

60.6

 

 

 

79.4

 

 

 

122.4

 

Digital and creative solutions

 

21.4

 

 

 

25.4

 

 

 

48.8

 

 

 

52.9

 

Total services net sales

$

214.6

 

 

$

294.0

 

 

$

478.6

 

 

$

585.0

 

Total net sales

$

1,162.2

 

 

$

1,508.7

 

 

$

2,571.7

 

 

$

3,030.6

 

 

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 June 30, 2020

 

3.5

 

 

 

11.3

 

 

 

0.2