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Revenue Recognition
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The Company changed its operating and reporting structure in January 2021, realigning certain of its reportable segments. The revised structure consists of two reportable segments, Consumer Packaging and Industrial Paper Packaging, with all remaining business reported as All Other. The Company's reportable segments are aligned by product nature as disclosed in Note 18. Previously reported amounts have been recast to conform to the current year presentation.
The following tables set forth information about revenue disaggregated by primary geographic regions for the years ended December 31, 2021, 2020 and 2019. The tables also include a reconciliation of disaggregated revenue with reportable segments.
Year Ended December 31, 2021Consumer PackagingIndustrial Paper PackagingAll OtherTotal
Primary geographical markets:
   United States $1,607,810 $1,421,684 $620,596 $3,650,090 
   Europe444,734 408,093 88,828 941,655 
   Canada117,492 94,780 — 212,272 
   Asia Pacific82,882 316,841 1,280 401,003 
   Other115,429 222,914 47,075 385,418 
          Total$2,368,347 $2,464,312 $757,779 $5,590,438 
Year Ended December 31, 2020Consumer PackagingIndustrial Paper PackagingAll OtherTotal
Primary geographical markets:
   United States $1,581,639 $1,177,903 $651,721 $3,411,263 
   Europe394,473 328,410 332,947 1,055,830 
   Canada96,457 84,968 — 181,425 
   Asia Pacific74,823 241,163 684 316,670 
   Other82,467 159,030 30,758 272,255 
          Total$2,229,859 $1,991,474 $1,016,110 $5,237,443 
Year Ended December 31, 2019Consumer PackagingIndustrial Paper PackagingAll OtherTotal
Primary geographical markets:
   United States $1,571,030 $1,178,904 $658,525 $3,408,459 
   Europe368,417 346,102 364,247 1,078,766 
   Canada108,848 117,201 — 226,049 
   Asia Pacific70,504 278,401 1,354 350,259 
   Other89,775 177,272 43,627 310,674 
          Total$2,208,574 $2,097,880 $1,067,753 $5,374,207 

Contract assets represent goods produced without alternative use for which the Company is entitled to payment with margin prior to shipment. Upon shipment, the Company is entitled to bill the customer, and therefore amounts included in contract assets will be reduced with the recording of an account receivable as they represent an unconditional right to payment. Contract liabilities represent revenue deferred due to pricing mechanisms utilized by the Company in certain multi-year arrangements, volume rebates, and receipts of advanced payments. For multi-year arrangements with pricing mechanisms, the Company will generally defer revenue during the initial term of the arrangement, and will release the deferral over the back half of the contract term. Contract assets and liabilities are generally short in duration given the nature of products produced by the Company.
The following table sets forth information about contract assets and liabilities from contracts with customers. The balances of the contract assets and liabilities are located in "Other receivables" and "Accrued expenses and other" on the Consolidated Balance Sheets.
December 31, 2021December 31, 2020
Contract Assets$51,106 $48,390 
Contract Liabilities(18,993)(16,687)


Significant changes in the contract assets and liabilities balances during the twelve months ended December 31, 2021 and 2020 were as follows:
December 31, 2021December 31, 2020
Contract AssetContract LiabilityContract AssetContract Liability
Beginning balance$48,390 $(16,687)$56,364 $(17,047)
Revenue deferred or rebates accrued— (36,527)— (32,512)
Recognized as revenue — 7,238 — 9,189 
Rebates paid to customers— 26,983 — 23,683 
Increases due to rights to consideration for customer specific goods produced, but not billed during the period51,106 — 48,390 — 
Transferred to receivables from contract assets recognized at the beginning of the period(48,390)— (56,364)— 
Ending balance$51,106 $(18,993)$48,390 $(16,687)