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Revenue Recognition (Tables)
3 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregates Revenue by Geographical Market and Product Type (Segment)

The following tables summarize our disaggregated revenue by primary geographical markets (in millions):

 

 

 

Three Months Ended December 31, 2023

 

 

 

Corrugated Packaging

 

 

Consumer Packaging

 

 

Global Paper

 

 

Distribution

 

 

Intersegment
 Sales

 

 

Total

 

U.S.

 

$

1,796.4

 

 

$

593.8

 

 

$

820.5

 

 

$

248.1

 

 

$

(61.0

)

 

$

3,397.8

 

Latin America

 

 

485.4

 

 

 

6.1

 

 

 

23.5

 

 

 

40.4

 

 

 

(4.1

)

 

 

551.3

 

Canada

 

 

135.1

 

 

 

116.7

 

 

 

51.1

 

 

 

1.2

 

 

 

(0.7

)

 

 

303.4

 

EMEA (1)

 

 

3.0

 

 

 

270.9

 

 

 

11.9

 

 

 

 

 

 

(1.4

)

 

 

284.4

 

Asia Pacific

 

 

 

 

 

71.8

 

 

 

11.3

 

 

 

 

 

 

 

 

 

83.1

 

Total

 

$

2,419.9

 

 

$

1,059.3

 

 

$

918.3

 

 

$

289.7

 

 

$

(67.2

)

 

$

4,620.0

 

 

(1)
Europe, Middle East and Africa ("EMEA")

 

 

 

 

Three Months Ended December 31, 2022

 

 

 

Corrugated Packaging

 

 

Consumer Packaging

 

 

Global Paper

 

 

Distribution

 

 

Intersegment
 Sales

 

 

Total

 

U.S.

 

$

1,973.5

 

 

$

703.0

 

 

$

1,022.7

 

 

$

276.7

 

 

$

(71.5

)

 

$

3,904.4

 

Latin America

 

 

225.5

 

 

 

51.7

 

 

 

33.6

 

 

 

41.4

 

 

 

(1.3

)

 

 

350.9

 

Canada

 

 

137.1

 

 

 

123.7

 

 

 

45.5

 

 

 

3.4

 

 

 

(1.5

)

 

 

308.2

 

EMEA

 

 

1.3

 

 

 

259.9

 

 

 

11.1

 

 

 

 

 

 

(0.1

)

 

 

272.2

 

Asia Pacific

 

 

 

 

 

76.7

 

 

 

10.7

 

 

 

 

 

 

 

 

 

87.4

 

Total

 

$

2,337.4

 

 

$

1,215.0

 

 

$

1,123.6

 

 

$

321.5

 

 

$

(74.4

)

 

$

4,923.1

 

 

 

Summary of Opening and Closing Balances of Contract Assets and Contract Liabilities

The opening and closing balances of our contract assets and contract liabilities are as follows. Contract assets and contract liabilities are reported within Other current assets and Other current liabilities, respectively, on the consolidated balance sheets (in millions).

 

 

 

Contract Assets
(Short-Term)

 

 

Contract Liabilities
(Short-Term)

 

Beginning balance - October 1, 2023

 

$

241.7

 

 

$

13.5

 

Increase (decrease)

 

 

9.4

 

 

 

(2.6

)

Ending balance - December 31, 2023

 

$

251.1

 

 

$

10.9