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Business Segment Information | 3 Months Ended
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Mar. 31, 2020
Business Segment Information |
Business Segment Information | 3. Business Segment Information ​ Ball’s operations are organized and reviewed by management along its product lines and geographical areas and presented in the four reportable segments outlined below. Effective January 1, 2020, the company implemented changes to its management and internal reporting structure for cost reduction and operational efficiency purposes. As a result of these changes, the company’s plants in Cairo, Egypt, and Manisa, Turkey, are now included in the beverage packaging, Europe, Middle East and Africa (beverage packaging, EMEA), segment. The company’s operations in India and Saudi Arabia are now combined with the former non-reportable beverage packaging, Asia Pacific, operating segment as a new non-reportable beverage packaging, other, operating segment. The company’s segment results and disclosures for the three months ended March 31, 2019, have been retrospectively adjusted to conform to the current year presentation. ​ Beverage packaging, North and Central America: Consists of operations in the U.S., Canada and Mexico that manufacture and sell metal beverage containers throughout those countries. ​ Beverage packaging, EMEA: Consists of operations in numerous countries throughout Europe, including Russia, as well as Egypt and Turkey, that manufacture and sell metal beverage containers throughout those regions. ​ Beverage packaging, South America: Consists of operations in Brazil, Argentina, Paraguay and Chile that manufacture and sell metal beverage containers throughout most of South America. ​ Aerospace: Consists of operations that manufacture and sell aerospace and other related products and provide services used in the defense, civil space and commercial space industries. ​ As presented in the table below, Other consists of a non-reportable operating segment (beverage packaging, other), that manufactures and sells aluminum beverage containers in India, Saudi Arabia and throughout the Asia Pacific region; a non-reportable operating segment that manufactures and sells extruded aluminum aerosol containers and aluminum slugs (aerosol packaging); a non-reportable operating segment that manufactures and sells aluminum cups (aluminum cups); undistributed corporate expenses; intercompany eliminations and other business activities. ​ The accounting policies of the segments are the same as those in the company’s consolidated financial statements as discussed in Note 1. The company also has investments in operations in Guatemala, Panama, South Korea, the U.S. and Vietnam that are accounted for under the equity method of accounting and, accordingly, those results are not included in segment sales or earnings. ​ Summary of Business by Segment ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31,
($ in millions) |  | 2020 |  | 2019
​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | ​ | ​ | ​ | ​ | ​
Beverage packaging, North and Central America | ​ | $ | 1,181 | ​ | $ | 1,131
Beverage packaging, EMEA | ​ | ​ | 669 | ​ | ​ | 684
Beverage packaging, South America | ​ | ​ | 405 | ​ | ​ | 441
Aerospace | ​ | ​ | 432 | ​ | ​ | 328
Reportable segment sales | ​ | ​ | 2,687 | ​ | ​ | 2,584
Other | ​ | ​ | 98 | ​ | ​ | 201
Net sales | ​ | $ | 2,785 | ​ | $ | 2,785
​ | ​ | ​ | ​ | ​ | ​ | ​
Comparable operating earnings | ​ | ​ | ​ | ​ | ​ | ​
Beverage packaging, North and Central America | ​ | $ | 146 | ​ | $ | 118
Beverage packaging, EMEA | ​ | ​ | 68 | ​ | ​ | 74
Beverage packaging, South America | ​ | ​ | 63 | ​ | ​ | 68
Aerospace | ​ | ​ | 40 | ​ | ​ | 30
Reportable segment comparable operating earnings | ​ | ​ | 317 | ​ | ​ | 290
Reconciling items | ​ | ​ | ​ | ​ | ​ | ​
Other (a) | ​ | ​ | (10) | ​ | ​ | (15)
Business consolidation and other activities | ​ | ​ | (115) | ​ | ​ | (14)
Amortization of acquired Rexam intangibles | ​ | ​ | (37) | ​ | ​ | (40)
Earnings before interest and taxes | ​ | ​ | 155 | ​ | ​ | 221
Interest expense | ​ | ​ | (71) | ​ | ​ | (77)
Debt refinancing and other costs | ​ | ​ | (40) | ​ | ​ | (4)
Total interest expense | ​ | ​ | (111) | ​ | ​ | (81)
Earnings before taxes | ​ | $ | 44 | ​ | $ | 140
(a) | Includes undistributed corporate expenses, net, of $14 million and $23 million for the three months ended March 31, 2020 and 2019, respectively.
​ The company does not disclose total assets by segment as it is not provided to the chief operating decision maker.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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