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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Information of Information about Operating Segments | 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, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Americas Beverage | $ | 777 |  |  | $ | 890 |  |  | $ | 1,648 |  |  | $ | 1,678 |
European Beverage | 330 |  |  | 410 |  |  | 676 |  |  | 749 |
European Food | 499 |  |  | 483 |  |  | 901 |  |  | 906 |
Asia Pacific | 270 |  |  | 319 |  |  | 571 |  |  | 640 |
Transit Packaging | 462 |  |  | 592 |  |  | 984 |  |  | 1,161 |
Total reportable segments | 2,338 |  |  | 2,694 |  |  | 4,780 |  |  | 5,134 |
Non-reportable segments | 351 |  |  | 341 |  |  | 666 |  |  | 656 |
Total | $ | 2,689 |  |  | $ | 3,035 |  |  | $ | 5,446 |  |  | $ | 5,790 |
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, |  |  |
| 2020 |  | 2019 |  | 2020 |  | 2019 |
Americas Beverage | $ | 61 |  |  | $ | 2 |  |  | $ | 67 |  |  | $ | 6 |  |
European Beverage | 1 |  |  | 1 |  |  | 2 |  |  | 2 |  |
European Food | 22 |  |  | 22 |  |  | 43 |  |  | 40 |  |
Transit Packaging | 3 |  |  | 1 |  |  | 7 |  |  | 4 |  |
Total reportable segments | 87 |  |  | 26 |  |  | 119 |  |  | 52 |  |
Non-reportable segments | 38 |  |  | 40 |  |  | 67 |  |  | 66 |  |
Total | $ | 125 |  |  | $ | 66 |  |  | $ | 186 |  |  | $ | 118 |  |
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, |  |  |
| 2020 |  | 2019 |  | 2020 |  | 2019 |
Americas Beverage | $ | 129 |  |  | $ | 139 |  |  | $ | 263 |  |  | $ | 252 |  |
European Beverage | 37 |  |  | 60 |  |  | 76 |  |  | 99 |  |
European Food | 68 |  |  | 62 |  |  | 101 |  |  | 110 |  |
Asia Pacific | 39 |  |  | 51 |  |  | 84 |  |  | 96 |  |
Transit Packaging | 51 |  |  | 80 |  |  | 117 |  |  | 153 |  |
Total reportable segments | $ | 324 |  |  | $ | 392 |  |  | $ | 641 |  |  | $ | 710 |  |
Reconciliation of Segment Income | 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, |  |  |
| 2020 |  | 2019 |  | 2020 |  | 2019 |
Segment income of reportable segments | $ | 324 |  |  | $ | 392 |  |  | $ | 641 |  |  | $ | 710 |  |
Segment income of non-reportable segments | 31 |  |  | 33 |  |  | 50 |  |  | 69 |  |
Corporate and unallocated items | (33) |  |  | (39) |  |  | (71) |  |  | (78) |  |
Restructuring and other | (3) |  |  | 45 |  |  | (10) |  |  | 41 |  |
Amortization of intangibles | (44) |  |  | (47) |  |  | (89) |  |  | (94) |  |
Accelerated depreciation | — |  |  | (1) |  |  | — |  |  | (3) |  |
Other pension and postretirement | (13) |  |  | (29) |  |  | (44) |  |  | (11) |  |
Loss from early extinguishments of debt | — |  |  | — |  |  | — |  |  | (6) |  |
Interest expense | (76) |  |  | (97) |  |  | (156) |  |  | (195) |  |
Interest income | 1 |  |  | 4 |  |  | 5 |  |  | 7 |  |
Foreign exchange | 5 |  |  | (1) |  |  | 17 |  |  | (2) |  |
Income before income taxes | $ | 192 |  |  | $ | 260 |  |  | $ | 343 |  |  | $ | 438 |  |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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