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Segments
 3 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segments Segments
    The Company's business is organized and presented in the two reportable segments outlined below:

Flexibles: Consists of operations that manufacture flexible and film packaging in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The results of the Russian business sold on December 23, 2022 are included in the comparative period results.

Rigid Packaging: Consists of operations that manufacture rigid containers for a broad range of predominantly beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads and personal care items, and plastic caps for a wide variety of applications.

    Other consists of the Company's undistributed corporate expenses including executive and functional compensation costs, equity method and other investments, intercompany eliminations, and other business activities.

    The accounting policies of the reportable segments are the same as those in the unaudited condensed consolidated financial statements. Intersegment sales and transfers are not significant.
    The following table presents information about reportable segments:

Three Months Ended September 30,
($ in millions)20232022
Flexibles$2,568 $2,779 
Rigid Packaging875 933 
Other— — 
Net sales$3,443 $3,712 
Adjusted earnings before interest and taxes ("Adjusted EBIT")
Flexibles$322 $353 
Rigid Packaging62 66 
Other(26)(27)
Adjusted EBIT358 392 
Less: Amortization of acquired intangible assets from business combinations (1)(41)(40)
Less: Impact of hyperinflation (2)(17)(8)
Less: Russia-Ukraine conflict impacts (3)(28)(3)
Add/(Less): Other (4)(4)1 
Interest income10 9 
Interest expense(85)(59)
Equity in loss of affiliated companies, net of tax1 — 
Income before income taxes and equity in loss of affiliated companies$194 $292 

(1)Amortization of acquired intangible assets from business combinations includes amortization expenses related to all acquired intangible assets from past acquisitions.
(2)Impact of hyperinflation includes the adverse impact of highly inflationary accounting for subsidiaries in Argentina where the functional currency was the Argentine Peso.
(3)Russia-Ukraine conflict impacts include incremental costs and restructuring and related expenses incurred in connection with the conflict and the related sale of the Russian business.
(4)Other includes various expense and income items relating to acquisitions, certain litigation reserve settlements, and fair value movements on economic hedges.

    
    The following table disaggregates net sales by geography in which the Company operates based on manufacturing or selling operations:

Three Months Ended September 30,
20232022
($ in millions)FlexiblesRigid PackagingTotalFlexiblesRigid PackagingTotal
North America$1,024 $676 $1,700 $1,106 $726 $1,832 
Latin America285 199 484 285 207 492 
Europe858 — 858 955 — 955 
Asia Pacific401 — 401 433 — 433 
Net sales$2,568 $875 $3,443 $2,779 $933 $3,712