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Revenue Recognition
 9 Months Ended
Oct. 02, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The Company records revenue when control is transferred to the customer, which is either upon shipment or over time in cases where the Company is entitled to payment with margin for products produced that are customer specific without alternative use. The Company recognizes over time revenue under the input method as goods are produced. Revenue that is recognized at a point in time is recognized when the customer obtains control of the goods. Customers obtain control either when goods are delivered to the customer facility, if the Company is responsible for arranging transportation, or when picked up by the customer's designated carrier. The Company commonly enters into Master Supply Arrangements with customers to provide goods and/or services over specific time periods. Customers submit purchase orders with quantities and prices to create a contract for accounting purposes. Shipping and handling expenses are included in “Cost of Sales,” and freight charged to customers is included in “Net Sales” in the Company's Condensed Consolidated Statements of Income.
The Company has rebate agreements with certain customers. These rebates are recorded as reductions of revenue and are accrued using sales data and rebate percentages specific to each customer agreement. Accrued customer rebates are included in “Accrued expenses and other” in the Company’s Condensed Consolidated Balance Sheets.
Payment terms under the Company's sales arrangements are short term, generally no longer than 120 days. The Company does provide prompt payment discounts to certain customers if invoices are paid within a predetermined period. Prompt payment discounts are treated as a reduction of revenue and are determinable within a short time period following the sale.
The following tables set forth the effects of contract assets and liabilities from contracts with customers. Contract assets and liabilities are reported in “Other receivables” and “Accrued expenses and other,” respectively, on the Company’s Condensed Consolidated Balance Sheets.
October 2, 2022December 31, 2021
Contract Assets$67,254 $51,106 
Contract Liabilities$(28,427)$(18,993)

Significant changes in the contract assets and liabilities balances during the nine-month period ended October 2, 2022 and the year ended December 31, 2021 were as follows:
October 2, 2022December 31, 2021
Contract
Asset		Contract
Liability		Contract
Asset		Contract
Liability
Beginning Balance$51,106 $(18,993)$48,390 $(16,687)
Acquired as part of a business combination8,107 (5,588)— — 
Revenue deferred or rebates accrued— (47,303)— (36,527)
Recognized as revenue14,430 7,238 
Rebates paid to customers— 29,027 — 26,983 
Increases due to rights to consideration for customer specific goods produced, but not billed during the period67,254 — 51,106 — 
Transferred to receivables from contract assets recognized at the beginning of the period and acquired as part of business combinations(59,213)— (48,390)— 
Ending Balance$67,254 $(28,427)$51,106 $(18,993)

Contract assets and liabilities are generally short in duration given the nature of products produced by the Company. 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 payments received in advance. For multi-year arrangements with pricing
mechanisms, the Company will generally defer revenue during the first half of the arrangement and will release the deferral over the back half of the contract term. The Company’s reportable segments are aligned by product nature as disclosed in Note 15.
The following tables set forth information about revenue disaggregated by primary geographic regions for the three-month periods ended October 2, 2022 and October 3, 2021. The tables also include a reconciliation of disaggregated revenue with reportable segments.
Three-month period ended October 2, 2022Consumer PackagingIndustrial Paper PackagingAll OtherTotal
Primary Geographical Markets:
  United States$837,048 $405,382 $165,476 $1,407,906 
  Europe101,665 99,804 19,811 221,280 
  Canada30,154 28,471 — 58,625 
  Asia25,492 65,475 185 91,152 
  Other36,190 62,320 12,743 111,253 
Total$1,030,549 $661,452 $198,215 $1,890,216 
Three-month period ended October 3, 2021Consumer PackagingIndustrial Paper PackagingAll OtherTotal
Primary Geographical Markets:
  United States$408,295 $370,659 $145,029 $923,983 
  Europe109,566 99,573 24,033 233,172 
  Canada31,612 24,187 — 55,799 
  Asia20,728 81,097 393 102,218 
  Other28,768 59,714 11,539 100,021 
Total$598,969 $635,230 $180,994 $1,415,193 
The following tables set forth information about revenue disaggregated by primary geographic regions for the nine-month periods ended October 2, 2022 and October 3, 2021. The tables also include a reconciliation of disaggregated revenue with reportable segments.
Nine-month period ended October 2, 2022Consumer
Packaging		Industrial
Paper
Packaging		All OtherTotal
Primary Geographical Markets:
  United States$2,282,559 $1,259,348 $493,136 $4,035,043 
  Europe331,745 334,007 66,500 732,252 
  Canada89,342 84,952 — 174,294 
  Asia74,533 215,896 748 291,177 
  Other110,451 193,778 37,535 341,764 
Total$2,888,630 $2,087,981 $597,919 $5,574,530 
Nine-month period ended October 3, 2021Consumer PackagingIndustrial Paper PackagingAll OtherTotal
Primary Geographical Markets:
  United States$1,219,666 $1,042,249 $461,996 $2,723,911 
  Europe334,995 300,495 67,371 702,861 
  Canada87,948 69,218 — 157,166 
  Asia60,256 232,657 914 293,827 
  Other76,660 164,540 32,286 273,486 
Total$1,779,525 $1,809,159 $562,567 $4,151,251