v3.24.0.1
Revenue Recognition, Contracts with Customers (Tables)
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Summarized by Segment Geography
For the years ended December 31, 2023, 2022 and 2021, revenues from contracts with customers summarized by Segment and Geographic region were as follows:
Year Ended December 31, 2023
(In millions)FoodProtectiveTotal
Americas$2,297.8 $1,238.7 $3,536.5 
EMEA711.1 434.4 1,145.5 
APAC467.6 290.4 758.0 
Topic 606 Segment Revenue3,476.5 1,963.5 5,440.0 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)43.2 5.7 48.9 
Total$3,519.7 $1,969.2 $5,488.9 

Year Ended December 31, 2022
(In millions)FoodProtectiveTotal
Americas$2,170.9 $1,521.1 $3,692.0 
EMEA682.7 473.4 1,156.1 
APAC436.9 323.5 760.4 
Topic 606 Segment Revenue3,290.5 2,318.0 5,608.5 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)26.7 6.7 33.4 
Total$3,317.2 $2,324.7 $5,641.9 

Year Ended December 31, 2021
(In millions)FoodProtectiveTotal
Americas$1,948.9 $1,542.8 $3,491.7 
EMEA681.4 515.3 1,196.7 
APAC449.5 356.9 806.4 
Topic 606 Segment Revenue3,079.8 2,415.0 5,494.8 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)33.0 6.0 39.0 
Total$3,112.8 $2,421.0 $5,533.8 
Contract Liabilities From Contracts with Customers 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 Consolidated Balance Sheets as of December 31, 2023 and 2022:
December 31,
(In millions)2023 2022
Contract assets$0.4 $0.5 
Contract liabilities$19.9 $18.2 
Summary of Estimated Transaction Price Allocated to Performance Obligations or Portions of Performance Obligations Not Yet Satisfied
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 December 31, 2023 and 2022, as well as the expected timing of recognition of that transaction price.
December 31,
(In millions)20232022
Short-Term (12 months or less)(1)
$13.3 $13.0 
Long-Term6.6 5.2 
Total transaction price$19.9 $18.2 
(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.