Revenue recognition (Tables)

12 Months Ended

Dec. 31, 2024

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, 2024, 2023 and 2022. 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 20.


Year Ended December 31, 2024	Consumer Packaging		Industrial Paper Packaging		All Other		Total
Primary geographical markets:
United States	$	1,785,857	$	1,431,232	$	352,717	$	3,569,806
Europe	524,699		371,896		58,925		955,520
Canada	17,486		95,863		—		113,349
Asia Pacific	96,154		213,127		1,771		311,052
Other	107,656		237,370		10,612		355,638
Total	$	2,531,852	$	2,349,488	$	424,025	$	5,305,365


Year Ended December 31, 2023	Consumer Packaging		Industrial Paper Packaging		All Other		Total
Primary geographical markets:
United States	$	1,817,268	$	1,389,492	$	494,112	$	3,700,872
Europe	431,189		389,261		64,936		885,386
Canada	16,076		100,095		—		116,171
Asia Pacific	94,136		233,446		1,812		329,394
Other	112,379		261,819		35,405		409,603
Total	$	2,471,048	$	2,374,113	$	596,265	$	5,441,426


Year Ended December 31, 2022	Consumer Packaging		Industrial Paper Packaging		All Other		Total
Primary geographical markets:
United States	$	1,936,847	$	1,611,390	$	503,526	$	4,051,763
Europe	421,276		434,076		68,949		924,301
Canada	18,372		109,997		—		128,369
Asia Pacific	91,151		275,395		1,158		367,704
Other	96,358		253,705		37,127		387,190
Total	$	2,564,004	$	2,684,563	$	610,760	$	5,859,327

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, in the Consolidated Balance Sheets.


	December 31, 2024		December 31, 2023
Contract Assets	$	67,062	$	14,754
Contract Liabilities	$	(60,024)	$	(15,252)

Significant changes in the contract assets and liabilities balances during the twelve months ended December 31, 2024 and 2023 were as follows:


	December 31, 2024				December 31, 2023
	Contract Asset		Contract Liability		Contract Asset		Contract Liability
Beginning balance	$	14,754	$	(15,252)	$	18,037	$	(12,588)
Acquired as part of a business combination	62,439		(47,478)		—		(1,436)
Revenue deferred or rebates accrued	—		(25,736)		—		(25,094)
Recognized as revenue	—		2,341		—		1,936
Rebates paid to customers	—		26,101		—		21,930
Increases due to rights to consideration for customer specific goods produced, but not billed during the period	67,062		—		14,754		—
Transferred to receivables from contract assets recognized at the beginning of the period and acquired as part of business combination	(77,193)		—		(18,037)		—



Ending balance	$	67,062	$	(60,024)	$	14,754	$	(15,252)