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Segment Information | 6 Months Ended
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Jun. 30, 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 |  | External Sales
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Americas Beverage | $ | 890 |  |  | $ | 848 |  |  | $ | 1,678 |  |  | $ | 1,606 |
European Beverage | 410 |  |  | 405 |  |  | 749 |  |  | 776 |
European Food | 483 |  |  | 514 |  |  | 906 |  |  | 942 |
Asia Pacific | 319 |  |  | 332 |  |  | 640 |  |  | 669 |
Transit Packaging | 592 |  |  | 620 |  |  | 1,161 |  |  | 620 |
Total reportable segments | 2,694 |  |  | 2,719 |  |  | 5,134 |  |  | 4,613 |
Non-reportable segments | 341 |  |  | 327 |  |  | 656 |  |  | 630 |
Total | $ | 3,035 |  |  | $ | 3,046 |  |  | $ | 5,790 |  |  | $ | 5,243 |
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 |  | Intersegment Sales
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Americas Beverage | $ | 2 |  |  | $ | 25 |  |  | $ | 6 |  |  | $ | 35 |
European Beverage | 1 |  |  | 1 |  |  | 2 |  |  | 1 |
European Food | 22 |  |  | 21 |  |  | 40 |  |  | 43 |
Transit Packaging | 1 |  |  | 1 |  |  | 4 |  |  | 1 |
Total reportable segments | 26 |  |  | 48 |  |  | 52 |  |  | 80 |
Non-reportable segments | 40 |  |  | 46 |  |  | 66 |  |  | 73 |
Total | $ | 66 |  |  | $ | 94 |  |  | $ | 118 |  |  | $ | 153 |
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 |  | Segment Income
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Americas Beverage | $ | 139 |  |  | $ | 113 |  |  | $ | 252 |  |  | $ | 211 |
European Beverage | 60 |  |  | 59 |  |  | 99 |  |  | 114 |
European Food | 62 |  |  | 85 |  |  | 110 |  |  | 141 |
Asia Pacific | 51 |  |  | 47 |  |  | 96 |  |  | 91 |
Transit Packaging | 80 |  |  | 94 |  |  | 153 |  |  | 94 |
Total reportable segments | $ | 392 |  |  | $ | 398 |  |  | $ | 710 |  |  | $ | 651 |
A reconciliation of segment income of reportable segments to income before income taxes is as follows:
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Segment income of reportable segments | $ | 392 |  |  | $ | 398 |  |  | $ | 710 |  |  | $ | 651 |
Segment income of non-reportable segments | 33 |  |  | 31 |  |  | 69 |  |  | 62 |
Corporate and unallocated items | (39 | ) |  | (40 | ) |  | (78 | ) |  | (79 | )
Restructuring and other | 45 |  |  | (16 | ) |  | 41 |  |  | (29 | )
Amortization of intangibles | (47 | ) |  | (41 | ) |  | (94 | ) |  | (52 | )
Accelerated depreciation | (1 | ) |  | — |  |  | (3 | ) |  | — |
Fair value adjustment to inventory | — |  |  | (40 | ) |  | — |  |  | (40 | )
Other pension and postretirement | (29 | ) |  | 17 |  |  | (11 | ) |  | 34 |
Loss from early extinguishments of debt | — |  |  | — |  |  | (6 | ) |  | — |
Interest expense | (97 | ) |  | (103 | ) |  | (195 | ) |  | (177 | )
Interest income | 4 |  |  | 5 |  |  | 7 |  |  | 11 |
Foreign exchange | (1 | ) |  | (10 | ) |  | (2 | ) |  | (28 | )
Income before income taxes | $ | 260 |  |  | $ | 201 |  |  | $ | 438 |  |  | $ | 353 |
For the three and six months ended June 30, 2019 and 2018, intercompany profits of $3 and $4 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.

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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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