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Segment Information
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Segment Information
Segment Information

The Company’s business is organized geographically within three divisions, Americas, Europe and Asia Pacific. Within the Americas and European divisions, the Company has determined that it has the following reportable segments organized along a combination of product lines and geographic areas: Americas Beverage and North America Food within the Americas, and European Beverage and European Food within Europe. The Company's Asia Pacific division is a reportable segment.
Non-reportable segments include the Company’s aerosol can businesses in North America and Europe, the Company’s specialty packaging business in Europe and the Company’s tooling and equipment operations in the U.S. and United Kingdom.

The Company evaluates performance and allocates resources based on segment income. Segment income, which is not a defined term under GAAP, is defined by the Company as income from operations adjusted to add back provisions for asbestos and restructuring and other, the impact of fair value adjustments related to the sale of inventory acquired in an acquisition and the timing impact of hedge ineffectiveness. Segment income should not be considered in isolation or as a substitute for net income data prepared in accordance with GAAP and may not be comparable to calculations of similarly titled measures by other companies.
The tables below present information about operating segments for the three years ended December 31, 2016, 2015 and 2014:
2016
 
 
Inter-
 
 
 
Depreciation
 
 
 
 
 
External
 
segment
 
Segment
 
and
 
Capital
 
Segment
 
sales
 
sales
 
assets
 
amortization
 
expenditures
 
income
Americas Beverage
$
2,757

 
$
50

 
$
2,886

 
$
92

 
$
220

 
$
456

North America Food
652

 
24

 
666

 
11

 
9

 
69

European Beverage
1,420

 
3

 
1,381

 
32

 
94

 
243

European Food
1,855

 
59

 
2,557

 
53

 
42

 
244

Asia Pacific
1,116

 
—

 
1,161

 
40

 
80

 
152

Total reportable segments
7,800

 
136

 
8,651

 
228

 
445

 
$
1,164

Non-reportable segments
484

 
129

 
368

 
7

 
14

 
 
Corporate and unallocated items
—

 
—

 
580

 
12

 
14

 
 
Total
$
8,284

 
$
265

 
$
9,599

 
$
247

 
$
473

 




2015
 
 
Inter-
 
 
 
Depreciation
 
 
 
 
 
External
 
segment
 
Segment
 
and
 
Capital
 
Segment
 
sales
 
sales
 
assets
 
amortization
 
expenditures
 
income
Americas Beverage
$
2,771

 
$
71

 
$
2,977

 
$
93

 
$
119

 
$
427

North America Food
680

 
4

 
527

 
10

 
14

 
86

European Beverage
1,504

 
1

 
1,461

 
27

 
97

 
228

European Food
1,984

 
93

 
2,723

 
53

 
35

 
246

Asia Pacific
1,202

 
2

 
1,133

 
40

 
68

 
145

Total reportable segments
8,141

 
171

 
8,821

 
223

 
333

 
$
1,132

Non-reportable segments
621

 
96

 
457

 
8

 
15

 
 
Corporate and unallocated items
—

 
—

 
772

 
6

 
6

 
 
Total
$
8,762

 
$
267

 
$
10,050

 
$
237

 
$
354

 
 


2014
 
 
Inter-
 
 
 
Depreciation
 
 
 
 
 
External
 
segment
 
Segment
 
and
 
Capital
 
Segment
 
sales
 
sales
 
assets
 
amortization
 
expenditures
 
income
Americas Beverage
$
2,335

 
$
82

 
$
1,752

 
$
40

 
$
114

 
$
334

North America Food
809

 
7

 
456

 
9

 
12

 
127

European Beverage
1,708

 
2

 
1,520

 
27

 
98

 
265

European Food
2,197

 
81

 
3,213

 
59

 
43

 
221

Asia Pacific
1,226

 
—

 
1,335

 
39

 
45

 
142

Total reportable segments
8,275

 
172

 
8,276

 
174

 
312

 
$
1,089

Non-reportable segments
822

 
108

 
533

 
9

 
13

 
 
Corporate and unallocated items
—

 
—

 
884

 
7

 
3

 
 
Total
$
9,097

 
$
280

 
$
9,693

 
$
190

 
$
328

 



Intersegment sales primarily include sales of ends and components used to manufacture cans, such as printed and coated metal, as well as parts and equipment used in the manufacturing process.

Corporate and unallocated items include corporate and division administrative costs, technology costs, and unallocated items such as the U.S. and U.K. pension plan costs.

A reconciliation of segment income of reportable segments to income before income taxes and equity earnings for the three years ended December 31, 2016, 2015 and 2014 follows:
 
2016
 
2015
 
2014
Segment income of reportable segments
$
1,164

 
$
1,132

 
$
1,089

Segment income of non-reportable segments
70

 
83

 
92

Corporate and unallocated items
(148
)
 
(196
)
 
(197
)
Provision for asbestos
(21
)
 
(26
)
 
(40
)
Restructuring and other
(44
)
 
(66
)
 
(129
)
Loss from early extinguishments of debt
(37
)
 
(9
)
 
(34
)
Interest expense
(243
)
 
(270
)
 
(253
)
Interest income
12

 
11

 
7

Foreign exchange
16

 
(20
)
 
(14
)
Income before income taxes and equity earnings
$
769

 
$
639

 
$
521



For the three years ended December 31, 2016, 2015 and 2014, intercompany profit of $13, $2 and $4 was eliminated within segment income of non-reportable segments.

For the three years ended December 31, 2016, 2015 and 2014, no one customer accounted for more than 10% of the Company's consolidated net sales.

Sales by major product were:
 
2016
 
2015
 
2014
Metal beverage cans and ends
$
4,834

 
$
4,957

 
$
4,863

Metal food cans and ends
2,213

 
2,410

 
2,735

Other metal packaging
877

 
977

 
1,173

Other products
360

 
418

 
326

Consolidated net sales
$
8,284

 
$
8,762

 
$
9,097



Sales and long-lived assets for the major countries in which the Company operates follows:
 
Net Sales
 
Long-Lived Assets
 
2016
 
2015
 
2014
 
2016
 
2015
United States
$
1,918

 
$
2,013

 
$
2,163

 
$
497

 
$
391

Mexico
688

 
693

 
119

 
304

 
284

Spain
645

 
669

 
728

 
203

 
224

United Kingdom
559

 
712

 
783

 
136

 
144

Other
4,474

 
4,675

 
5,304

 
1,680

 
1,656

Consolidated total
$
8,284

 
$
8,762

 
$
9,097

 
$
2,820

 
$
2,699