Revenue

3 Months Ended

Mar. 31, 2023

Revenue Recognition [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 for the three months ended March 31 were as follows:

	2023		2022
	(Dollars in thousands)
Dispensing and Specialty Closures	$	579,932	$	597,927
Metal Containers	670,096		650,726
Custom Containers	168,253		193,233
	$	1,418,281	$	1,441,886

Revenues by geography for the three months ended March 31 were as follows:

	2023		2022
	(Dollars in thousands)
North America	$	1,056,526	$	1,086,224
Europe and other	361,755		355,662
	$	1,418,281	$	1,441,886

Our contract assets primarily consist of unbilled accounts receivable related to over time revenue recognition and were $108.5 million, $99.1 million, and $110.2 million as of March 31, 2023 and 2022 and December 31, 2022, respectively. Unbilled receivables are included in trade accounts receivable, net on our Condensed Consolidated Balance Sheets.