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Revenue Recognition, Contracts with Customers (Tables) | 3 Months Ended
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Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Revenue from Contracts With Customers Summarized by Segment | For the three months ended March 31, 2024 and 2023, revenues from contracts with customers summarized by Segment and Geographic region were as follows:
|  |  |  | Three Months Ended March 31, 2024
(In millions) |  |  |  |  |  |  |  | Food |  | Protective |  | Total
Americas |  |  |  |  |  |  |  | $ | 578.6 |  |  | $ | 296.3 |  |  | $ | 874.9 |
EMEA |  |  |  |  |  |  |  | 172.7 |  |  | 99.5 |  |  | 272.2 |
APAC |  |  |  |  |  |  |  | 110.9 |  |  | 63.5 |  |  | 174.4 |
Topic 606 Segment Revenue |  |  |  |  |  |  |  | 862.2 |  |  | 459.3 |  |  | 1,321.5 |
Non-Topic 606 Revenue (Leasing: Sales-type and Operating) |  |  |  |  |  |  |  | 6.2 |  |  | 1.9 |  |  | 8.1 |
Total |  |  |  |  |  |  |  | $ | 868.4 |  |  | $ | 461.2 |  |  | $ | 1,329.6 |
|  |  |  | Three Months Ended March 31, 2023
(In millions) |  |  |  |  |  |  |  | Food |  | Protective |  | Total
Americas |  |  |  |  |  |  |  | $ | 566.1 |  |  | $ | 306.2 |  |  | $ | 872.3 |
EMEA |  |  |  |  |  |  |  | 169.2 |  |  | 119.6 |  |  | 288.8 |
APAC |  |  |  |  |  |  |  | 112.3 |  |  | 68.6 |  |  | 180.9 |
Topic 606 Segment Revenue |  |  |  |  |  |  |  | 847.6 |  |  | 494.4 |  |  | 1,342.0 |
Non-Topic 606 Revenue (Leasing: Sales-type and Operating) |  |  |  |  |  |  |  | 5.5 |  |  | 1.3 |  |  | 6.8 |
Total |  |  |  |  |  |  |  | $ | 853.1 |  |  | $ | 495.7 |  |  | $ | 1,348.8 |
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 March 31, 2024 and December 31, 2023:
(In millions) |  | March 31, 2024 |  | December 31, 2023
Contract assets |  | $ | 0.4 |  |  | $ | 0.4 |
Contract liabilities |  | $ | 20.6 |  |  | $ | 19.9 |
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 March 31, 2024 and December 31, 2023, as well as the expected timing of recognition of that transaction price.
(In millions) |  | March 31, 2024 |  | December 31, 2023
Short-Term (12 months or less)(1) |  | $ | 13.3 |  |  | $ | 13.3 |
Long-Term |  | 7.3 |  |  | 6.6 |
Total transaction price |  | $ | 20.6 |  |  | $ | 19.9 |
(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.

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph a -SubTopic 10 -Topic 280 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 + Details
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