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Segment Information
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Segment Information
Segment Information

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 the Company's operating segments.

 
External Sales
 
Three Months Ended
 
March 31
 
2017
 
2016
Americas Beverage
$
674

 
$
643

North America Food
153

 
146

European Beverage
303

 
315

European Food
379

 
398

Asia Pacific
278

 
277

Total reportable segments
1,787

 
1,779

Non-reportable segments
114

 
114

Total
$
1,901

 
$
1,893



The primary sources of revenue included in non-reportable segments are the Company's aerosol can businesses in North America and Europe, its specialty packaging business in Europe and its tooling and equipment operations in the U.S. and U.K.

 
Intersegment Sales
 
Three Months Ended
 
March 31
 
2017
 
2016
Americas Beverage
$
6

 
$
15

North America Food
6

 
6

European Beverage
1

 
1

European Food
16

 
16

Asia Pacific

 

Total reportable segments
29

 
38

Non-reportable segments
29

 
18

Total
$
58

 
$
56




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.

 
Segment Income
 
Three Months Ended
 
March 31
 
2017
 
2016
Americas Beverage
$
105

 
$
104

North America Food
16

 
12

European Beverage
51

 
46

European Food
47

 
49

Asia Pacific
39

 
35

Total reportable segments
$
258

 
$
246









A reconciliation of segment income of reportable segments to income before income taxes is as follows:

 
Three Months Ended
 
March 31
 
2017

2016
Segment income of reportable segments
$
258

 
$
246

Segment income of non-reportable segments
15

 
13

Corporate and unallocated items
(40
)
 
(38
)
Restructuring and other
4

 
(2
)
Loss from early extinguishments of debt

 
(27
)
Interest expense
(62
)
 
(64
)
Interest income
3

 
3

Foreign exchange
1

 
6

Income before income taxes
$
179


$
137




For the three months ended March 31, 2017 and 2016, intercompany profit of $3 and $1 was eliminated within segment income of non-reportable segments.

Corporate and unallocated items includes corporate and division administrative costs, technology costs, and unallocated items such as the U.S. and U.K. pension plan costs, fair value adjustments for the sale of inventory acquired in an acquisition and the timing impact of hedge ineffectiveness.