v3.26.1
Revenue
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following tables present our revenues disaggregated by reportable segment and geography as they best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Revenues by segment were as follows:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
(Dollars in thousands)
Dispensing and Specialty Closures$713,862 $702,187 $1,399,184 $1,373,290 
Metal Containers763,936 676,056 1,488,806 1,304,483 
Custom Containers165,471 160,918 316,537 328,049 
$1,643,269 $1,539,161 $3,204,527 $3,005,822 

Revenues by geography were as follows:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
(Dollars in thousands)
North America$1,137,328 $1,041,051 $2,220,964 $2,058,621 
Europe and other505,941 498,110 983,563 947,201 
$1,643,269 $1,539,161 $3,204,527 $3,005,822 

Our contract assets primarily consist of unbilled accounts receivable related to over time revenue recognition and were $106.8 million, $121.7 million, and $112.5 million as of June 30, 2026 and 2025 and December 31, 2025, respectively. Unbilled receivables are included in trade accounts receivable, net on our Condensed Consolidated Balance Sheets. We have entered into various supply chain financing, or SCF, arrangements with financial institutions pursuant to which we sell receivables of certain customers to such financial institutions without recourse and accelerate payment in respect of such receivables sooner than provided in the applicable supply agreements with such customers. Receivables sold under these arrangements totaled $314.9 million and $265.8 million for the three months ended June 30, 2026 and 2025, respectively, and $531.0 million and $491.5 million for the six months ended June 30, 2026 and 2025, respectively.