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 promotional 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, 2017, 2016 and 2015:



2017			Inter-				Depreciation
	External		segment		Segment		and		Capital		Segment
	sales		sales		assets		amortization		expenditures		income
Americas Beverage	$	2,928	$	34	$	3,253	$	95	$	167	$	474
North America Food	679		19		630		11		7		71
European Beverage	1,457		2		1,631		35		109		239
European Food	1,935		70		2,964		52		45		247
Asia Pacific	1,177		—		1,355		42		123		168
Total reportable segments	8,176		125		9,833		235		451		$	1,199
Non-reportable segments	522		97		409		8		20
Corporate and unallocated items	—		—		421		4		27
Total	$	8,698	$	222	$	10,663	$	247	$	498



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

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 for the three years ended December 31, 2017, 2016 and 2015 follows:



	2017			2016			2015
Segment income of reportable segments	$	1,199		$	1,164		$	1,132
Segment income of non-reportable segments	68			70			83
Corporate and unallocated items	(139		)	(148		)	(196		)
Provision for asbestos	(3		)	(21		)	(26		)
Restructuring and other	(48		)	(44		)	(66		)
Loss from early extinguishments of debt	(7		)	(37		)	(9		)
Interest expense	(252		)	(243		)	(270		)
Interest income	15			12			11
Foreign exchange	(4		)	16			(20		)
Income before income taxes	$	829		$	769		$	639

For the three years ended December 31, 2017, 2016 and 2015, intercompany profit of $8, $13 and $2 was eliminated within segment income of non-reportable segments.

For the three years ended December 31, 2017, 2016 and 2015, no one customer accounted for more than 10% of the Company's consolidated net sales.

Sales by major product were:



	2017		2016		2015
Metal beverage cans and ends	$	5,085	$	4,834	$	4,957
Metal food cans and ends	2,331		2,213		2,410
Other metal packaging	887		877		977
Other products	395		360		418
Consolidated net sales	$	8,698	$	8,284	$	8,762

The following table provides sales and long-lived asset information for the major countries in which the Company operates. Long-lived assets includes property, plant and equipment attributed to the specific countries listed below.



	Net Sales						Long-Lived Assets
	2017		2016		2015		2017		2016
United States	$	1,931	$	1,918	$	2,013	$	516	$	497
Mexico	699		688		693		388		304
Spain	649		645		669		323		203
United Kingdom	600		559		712		150		136
Brazil	652		523		482		335		358
Other	4,167		3,951		4,193		1,527		1,322
Consolidated total	$	8,698	$	8,284	$	8,762	$	3,239	$	2,820