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Revenue Recognition (Tables)
6 Months Ended
Mar. 31, 2020
Revenue From Contract With Customer [Abstract]  
Schedule of Disaggregates Revenue by Geographical Market and Product Type (Segment) The tables below disaggregate our revenue by geographical market and product type (segment).

 

 

Three Months Ended March 31, 2020

 

(In millions)

 

Corrugated Packaging

 

 

Consumer Packaging

 

 

Land and Development

 

 

Intersegment Sales

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary Geographical Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

2,765.7

 

 

$

1,281.6

 

 

$

 

 

$

(51.4

)

 

$

3,995.9

 

South America

 

 

100.7

 

 

 

18.8

 

 

 

 

 

 

 

 

 

119.5

 

Europe

 

 

2.5

 

 

 

253.4

 

 

 

 

 

 

 

 

 

255.9

 

Asia Pacific

 

 

13.6

 

 

 

62.5

 

 

 

 

 

 

(0.1

)

 

 

76.0

 

Total

 

$

2,882.5

 

 

$

1,616.3

 

 

$

 

 

$

(51.5

)

 

$

4,447.3

 

 

 

 

 

Six Months Ended March 31, 2020

 

(In millions)

 

Corrugated Packaging

 

 

Consumer Packaging

 

 

Land and Development

 

 

Intersegment Sales

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary Geographical Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

5,554.6

 

 

$

2,480.4

 

 

$

18.9

 

 

$

(92.9

)

 

$

7,961.0

 

South America

 

 

208.3

 

 

 

38.8

 

 

 

 

 

 

 

 

 

247.1

 

Europe

 

 

4.3

 

 

 

498.0

 

 

 

 

 

 

 

 

 

502.3

 

Asia Pacific

 

 

24.8

 

 

 

136.0

 

 

 

 

 

 

(0.2

)

 

 

160.6

 

Total

 

$

5,792.0

 

 

$

3,153.2

 

 

$

18.9

 

 

$

(93.1

)

 

$

8,871.0

 

 

 

 

Three Months Ended March 31, 2019

 

(In millions)

 

Corrugated Packaging

 

 

Consumer Packaging

 

 

Land and Development

 

 

Intersegment Sales

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary Geographical Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

2,865.3

 

 

$

1,308.3

 

 

$

0.8

 

 

$

(39.8

)

 

$

4,134.6

 

South America

 

 

109.6

 

 

 

17.9

 

 

 

 

 

 

 

 

 

127.5

 

Europe

 

 

 

 

 

269.6

 

 

 

 

 

 

 

 

 

269.6

 

Asia Pacific

 

 

15.8

 

 

 

72.5

 

 

 

 

 

 

 

 

 

88.3

 

Total

 

$

2,990.7

 

 

$

1,668.3

 

 

$

0.8

 

 

$

(39.8

)

 

$

4,620.0

 

 

 

 

Six Months Ended March 31, 2019

 

(In millions)

 

Corrugated Packaging

 

 

Consumer Packaging

 

 

Land and Development

 

 

Intersegment Sales

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary Geographical Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

5,471.7

 

 

$

2,564.7

 

 

$

14.7

 

 

$

(77.7

)

 

$

7,973.4

 

South America

 

 

218.4

 

 

 

37.4

 

 

 

 

 

 

 

 

 

255.8

 

Europe

 

 

 

 

 

530.1

 

 

 

 

 

 

 

 

 

530.1

 

Asia Pacific

 

 

34.4

 

 

 

154.9

 

 

 

 

 

 

(1.2

)

 

 

188.1

 

Total

 

$

5,724.5

 

 

$

3,287.1

 

 

$

14.7

 

 

$

(78.9

)

 

$

8,947.4

 

 

 

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 aggregated within Other current assets and Other current liabilities, respectively, on the condensed consolidated balance sheet.

(In millions)

 

Contract Assets

(Short-Term)

 

 

Contract Liabilities

(Short-Term)

 

 

 

 

 

 

 

 

 

 

Beginning balance - October 1, 2019

 

$

188.0

 

 

$

7.7

 

Ending balance - March 31, 2020

 

 

198.0

 

 

 

23.8

 

Increase / (Decrease)

 

$

10.0

 

 

$

16.1