v3.25.2
Revenue Recognition, Contracts with Customers (Tables)
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue From Contracts With Customers Segment and Geographic
For the three and six months ended June 30, 2025 and 2024, revenues from contracts with customers summarized by Segment and Geographic region were as follows:
Three Months Ended
June 30, 2025		Six Months Ended
June 30, 2025
(In millions)FoodProtectiveTotalFoodProtectiveTotal
Americas$584.6 $272.1 $856.7 $1,153.5 $533.8 $1,687.3 
EMEA190.9 97.3 288.2 362.0 191.9 553.9 
APAC111.7 68.5 180.2 218.5 131.4 349.9 
Topic 606 Segment Revenue887.2 437.9 1,325.1 1,734.0 857.1 2,591.1 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)8.9 1.0 9.9 14.2 2.2 16.4 
Total$896.1 $438.9 $1,335.0 $1,748.2 $859.3 $2,607.5 

Three Months Ended
June 30, 2024		Six Months Ended
June 30, 2024
(In millions)FoodProtectiveTotalFoodProtectiveTotal
Americas$594.7 $288.7 $883.4 $1,173.3 $585.0 $1,758.3 
EMEA176.7 96.2 272.9 349.4 195.7 545.1 
APAC111.8 65.3 177.1 222.7 128.8 351.5 
Topic 606 Segment Revenue883.2 450.2 1,333.4 1,745.4 909.5 2,654.9 
Non-Topic 606 Revenue (Leasing: Sales-type and Operating)10.6 1.1 11.7 16.8 3.0 19.8 
Total$893.8 $451.3 $1,345.1 $1,762.2 $912.5 $2,674.7 
Schedule of Contract Assets and Contract Liabilities The following contract assets and liabilities are included within Prepaid expenses and other current assets and Other current liabilities, or Other non-current liabilities on our Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024:
(In millions)June 30, 2025December 31, 2024
Contract assets$— $0.2 
Contract liabilities$17.0 $18.8 
Schedule of Contracts With Customers Allocated to Performance Obligations or Portions of Performance Obligations
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 June 30, 2025 and December 31, 2024, as well as the expected timing of recognition of that transaction price.
(In millions)June 30, 2025December 31, 2024
Short-Term (12 months or less)(1)
$13.1 $13.2 
Long-Term3.9 5.6 
Total transaction price$17.0 $18.8 
(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.