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Segment Information
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Segment Information
Segment Information

The Company evaluates performance and allocates resources based on segment income, which is not a defined term under GAAP. The Company defines segment income as income from operations adjusted to exclude intangibles amortization charges, provisions for asbestos and restructuring and other and the impact of fair value adjustments related to the sale of inventory acquired in an acquisition.

Segment income should not be considered in isolation or as a substitute for net income 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,
 
2019
 
2018
Americas Beverage
$
788

 
$
758

European Beverage
339

 
371

European Food
423

 
428

Asia Pacific
321

 
337

Transit Packaging
569

 

Total reportable segments
2,440

 
1,894

Non-reportable segments
315

 
303

Total
$
2,755

 
$
2,197



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

 
Intersegment Sales
 
Three Months Ended
 
March 31,
 
2019
 
2018
Americas Beverage
$
4

 
$
10

European Beverage
1

 

European Food
18

 
22

Transit Packaging
3

 

Total reportable segments
26


32

Non-reportable segments
26

 
27

Total
$
52

 
$
59



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,
 
2019
 
2018
Americas Beverage
$
113

 
$
98

European Beverage
39

 
55

European Food
48

 
56

Asia Pacific
45

 
44

Transit Packaging
73

 

Total reportable segments
$
318


$
253



A reconciliation of segment income of reportable segments to income before income taxes is as follows:
 
Three Months Ended
 
March 31,
 
2019

2018
Segment income of reportable segments
$
318

 
$
253

Segment income of non-reportable segments
36

 
31

Corporate and unallocated items
(39
)
 
(39
)
Restructuring and other
(4
)
 
(13
)
Amortization of intangibles
(47
)
 
(11
)
Accelerated depreciation
(2
)
 

Other pension and postretirement
18

 
17

Loss from early extinguishments of debt
(6
)
 

Interest expense
(98
)
 
(74
)
Interest income
3

 
6

Foreign exchange
(1
)
 
(18
)
Income before income taxes
$
178


$
152



For the three months ended March 31, 2019, and 2018, intercompany profits of $1 were eliminated within segment income of non-reportable segments.

Corporate and unallocated items includes corporate and division administrative costs, technology costs and fair value adjustments for the sale of inventory acquired in an acquisition.