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Business Consolidation and Other Activities | 3 Months Ended
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Mar. 31, 2020
Business Consolidation and Other Activities |
Business Consolidation and Other Activities | 6. Business Consolidation and Other Activities ​ The following is a summary of business consolidation and other activity (charges)/income included in the unaudited condensed consolidated statements of earnings: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31,
($ in millions) |  | 2020 |  | 2019
​ | ​ | ​ | ​ | ​ | ​ | ​
Beverage packaging, North and Central America | ​ | $ | (3) | ​ | $ | (1)
Beverage packaging, EMEA | ​ | ​ | (3) | ​ | ​ | 1
Beverage packaging, South America | ​ | ​ | (1) | ​ | ​ | (1)
Other | ​ | ​ | (108) | ​ | ​ | (13)
​ | ​ | $ | (115) | ​ | $ | (14)
​ 2020 ​ Beverage Packaging, North and Central America ​ During the three months ended March 31, 2020, the company recorded charges of $3 million for individually insignificant activities in connection with previously announced closures in 2018 of certain beverage can and end manufacturing facilities and other activities. ​ Beverage Packaging, EMEA ​ During the three months ended March 31, 2020, the company recorded charges of $3 million for individually insignificant activities in connection with previously announced plant closures, restructuring and other activities. ​ Beverage Packaging, South America ​ Charges in the three months ended March 31, 2020, included $1 million of expense for individually insignificant activities. ​ Other ​ During 2020, the company recorded the following amounts:
| ● | A non-cash impairment charge of $62 million related to the goodwill of the new beverage packaging, other, operating segment.
| ● | Charges of $23 million resulting from the current deterioration in the real estate market in China, which led to the company reducing the value of potential future consideration due as part of the sale of the company’s China beverage packaging business.
| ● | Charges of $15 million resulting from an adjustment to the selling price of the company’s steel food and aerosol business.
| ● | Credits of $11 million related to the reversal of reserves against working capital recorded in the fourth quarter of 2019 in the new beverage packaging, other, segment as previously at-risk balances were subsequently collected in the first quarter of 2020.
| ● | Charges of $6 million for long-term incentive and other compensation arrangements associated with the Rexam acquisition.
| ● | Charges of $13 million for individually insignificant activities.
​ 2019 ​ Beverage Packaging, North and Central America ​ Charges in the three months ended March 31, 2019, included $1 million of expense for individually insignificant activities. ​ Beverage Packaging, EMEA ​ During the three months ended March 31, 2019, the company recorded credits of $2 million resulting from updated estimates for employee severance and benefits and facility shutdown costs in connection with the closures of its Recklinghausen, Germany, and San Martino, Italy, plants, which ceased production during the third quarter of 2017 and the fourth quarter of 2018, respectively. ​ Other charges in the three months ended March 31, 2019, included $1 million of expense for individually insignificant activities. ​ Beverage Packaging, South America ​ Charges in the three months ended March 31, 2019, included $1 million of expense for individually insignificant activities. ​ Other ​ During the three months ended March 31, 2019, the company recorded charges of $13 million for estimated employee severance costs and professional services associated with the planned sale of the company’s former China beverage packaging business, which closed in September 2019.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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- References No definition available. + Details
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