Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

The following tables set forth information about revenue disaggregated by primary geographic regions for the years ended December 31, 2023, 2022 and 2021. The tables also include a reconciliation of disaggregated revenue with reportable segments. The Company’s reportable segments are aligned by product nature as disclosed in Note 19.


Year Ended December 31, 2023	Consumer Packaging		Industrial Paper Packaging		All Other		Total
Primary geographical markets:
United States	$	2,779,749	$	1,389,492	$	649,495	$	4,818,736
Europe	451,990		389,261		80,096		921,347
Canada	116,595		100,095		—		216,690
Asia Pacific	100,299		233,446		1,812		335,557
Other	178,344		261,819		48,799		488,962
Total	$	3,626,977	$	2,374,113	$	780,202	$	6,781,292


Year Ended December 31, 2022	Consumer Packaging		Industrial Paper Packaging		All Other		Total
Primary geographical markets:
United States	$	2,960,098	$	1,611,390	$	660,604	$	5,232,092
Europe	442,743		434,076		84,878		961,697
Canada	117,671		109,997		—		227,668
Asia Pacific	97,182		275,395		1,157		373,734
Other	150,262		253,705		51,394		455,361
Total	$	3,767,956	$	2,684,563	$	798,033	$	7,250,552


Year Ended December 31, 2021	Consumer Packaging		Industrial Paper Packaging		All Other		Total
Primary geographical markets:
United States	$	1,607,810	$	1,421,684	$	620,596	$	3,650,090
Europe	444,734		408,093		88,828		941,655
Canada	117,492		94,780		—		212,272
Asia Pacific	82,882		316,841		1,280		401,003
Other	115,429		222,914		47,075		385,418
Total	$	2,368,347	$	2,464,312	$	757,779	$	5,590,438

Schedule of Contract Asset and Liabilities

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”, respectively, on the Consolidated Balance Sheets.


	December 31, 2023		December 31, 2022
Contract Assets	$	54,334	$	56,008
Contract Liabilities	$	(24,973)	$	(22,423)

Significant changes in the contract assets and liabilities balances during the twelve months ended December 31, 2023 and 2022 were as follows:


	December 31, 2023				December 31, 2022
	Contract Asset		Contract Liability		Contract Asset		Contract Liability
Beginning balance	$	56,008	$	(22,423)	$	51,106	$	(18,993)
Acquired as part of a business combination	—		(1,436)		8,107		(5,418)
Revenue deferred or rebates accrued	—		(53,464)		—		(57,510)
Recognized as revenue	—		11,761		—		18,201
Rebates paid to customers	—		40,589		—		41,297
Increases due to rights to consideration for customer specific goods produced, but not billed during the period	54,334		—		56,008		—
Transferred to receivables from contract assets recognized at the beginning of the period and acquired as part of business combination	(56,008)		—		(59,213)		—



Ending balance	$	54,334	$	(24,973)	$	56,008	$	(22,423)