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Revenue Recognition (Tables)
9 Months Ended
Jun. 30, 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 June 30, 2020

 

(In millions)

 

Corrugated Packaging

 

 

Consumer Packaging

 

 

Land and Development

 

 

Intersegment Sales

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary Geographical Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

2,632.4

 

 

$

1,238.4

 

 

$

 

 

$

(44.8

)

 

$

3,826.0

 

South America

 

 

87.8

 

 

 

14.1

 

 

 

 

 

 

 

 

 

101.9

 

Europe

 

 

0.6

 

 

 

233.8

 

 

 

 

 

 

(0.2

)

 

 

234.2

 

Asia Pacific

 

 

8.0

 

 

 

66.3

 

 

 

 

 

 

(0.1

)

 

 

74.2

 

Total

 

$

2,728.8

 

 

$

1,552.6

 

 

$

 

 

$

(45.1

)

 

$

4,236.3

 

 

 

 

 

Nine Months Ended June 30, 2020

 

(In millions)

 

Corrugated Packaging

 

 

Consumer Packaging

 

 

Land and Development

 

 

Intersegment Sales

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary Geographical Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

8,187.0

 

 

$

3,718.8

 

 

$

18.9

 

 

$

(137.7

)

 

$

11,787.0

 

South America

 

 

296.1

 

 

 

52.9

 

 

 

 

 

 

 

 

 

349.0

 

Europe

 

 

4.9

 

 

 

731.8

 

 

 

 

 

 

(0.2

)

 

 

736.5

 

Asia Pacific

 

 

32.8

 

 

 

202.3

 

 

 

 

 

 

(0.3

)

 

 

234.8

 

Total

 

$

8,520.8

 

 

$

4,705.8

 

 

$

18.9

 

 

$

(138.2

)

 

$

13,107.3

 

 

 

 

Three Months Ended June 30, 2019

 

(In millions)

 

Corrugated Packaging

 

 

Consumer Packaging

 

 

Land and Development

 

 

Intersegment Sales

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary Geographical Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

2,954.6

 

 

$

1,306.0

 

 

$

8.6

 

 

$

(41.3

)

 

$

4,227.9

 

South America

 

 

102.8

 

 

 

14.8

 

 

 

 

 

 

 

 

 

117.6

 

Europe

 

 

0.7

 

 

 

259.3

 

 

 

 

 

 

(0.1

)

 

 

259.9

 

Asia Pacific

 

 

14.7

 

 

 

70.0

 

 

 

 

 

 

(0.1

)

 

 

84.6

 

Total

 

$

3,072.8

 

 

$

1,650.1

 

 

$

8.6

 

 

$

(41.5

)

 

$

4,690.0

 

 

 

 

Nine Months Ended June 30, 2019

 

(In millions)

 

Corrugated Packaging

 

 

Consumer Packaging

 

 

Land and Development

 

 

Intersegment Sales

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Primary Geographical Markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

8,426.3

 

 

$

3,870.7

 

 

$

23.3

 

 

$

(119.0

)

 

$

12,201.3

 

South America

 

 

321.2

 

 

 

52.2

 

 

 

 

 

 

 

 

 

373.4

 

Europe

 

 

0.7

 

 

 

789.4

 

 

 

 

 

 

(0.1

)

 

 

790.0

 

Asia Pacific

 

 

49.1

 

 

 

224.9

 

 

 

 

 

 

(1.3

)

 

 

272.7

 

Total

 

$

8,797.3

 

 

$

4,937.2

 

 

$

23.3

 

 

$

(120.4

)

 

$

13,637.4

 

 

 

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 - June 30, 2020

 

 

202.0

 

 

 

16.9

 

Increase / (Decrease)

 

$

14.0

 

 

$

9.2