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Revenue Recognition, Contracts with Customers (Tables)
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Summarized by Segment Geography
For the years ended December 31, 2021, 2020 and 2019, revenues from contracts with customers summarized by Segment and Geography were as follows:
Year Ended December 31, 2021
(In millions)FoodProtectiveTotal
Americas(1)
$1,948.9 $1,542.8 $3,491.7 
EMEA681.4 515.3 1,196.7 
APAC449.5 356.9 806.4 
Topic 606 Segment Revenue3,079.8 2,415.0 5,494.8 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)33.0 6.0 39.0 
Total$3,112.8 $2,421.0 $5,533.8 

Year Ended December 31, 2020
(In millions)FoodProtectiveTotal
Americas(1)
$1,779.4 $1,336.1 $3,115.5 
EMEA617.9 410.1 1,028.0 
APAC406.4 324.1 730.5 
Topic 606 Segment Revenue2,803.7 2,070.3 4,874.0 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)21.8 7.4 29.2 
Total$2,825.5 $2,077.7 $4,903.2 

Year Ended December 31, 2019
(In millions)FoodProtectiveTotal
Americas(1)
$1,828.4 $1,214.8 $3,043.2 
EMEA617.1 388.2 1,005.3 
APAC413.7 299.0 712.7 
Topic 606 Segment Revenue2,859.2 1,902.0 4,761.2 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)21.3 8.6 29.9 
Total$2,880.5 $1,910.6 $4,791.1 
(1)As of January 1, 2021, we consolidated the reporting of the North America and South America geographic regions, which are now collectively presented as Americas. No changes were made to EMEA or APAC. This change has no impact on our
prior period consolidated results and is only the aggregation of the previously bifurcated continents. Prior periods have been retrospectively adjusted to reflect the new geographic regions.
Contract Liabilities From Contracts with Customers 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 Consolidated Balance Sheets as of December 31, 2021 and 2020:
December 31,
(In millions)2021 2020
Contract assets$1.2 $1.4 
Contract liabilities$20.2 $20.3 
Summary of Estimated Transaction Price Allocated to Performance Obligations or Portions of Performance Obligations Not Yet Satisfied
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 December 31, 2021 and 2020, as well as the expected timing of recognition of that transaction price.
December 31,
(In millions)20212020
Short-Term (12 months or less)(1)
$15.9 $7.3 
Long-Term4.3 13.0 
Total transaction price$20.2 $20.3 
(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.