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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
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,
| 2022 |  | 2021 |  | 2022 |  | 2021
Americas Beverage | $ | 1,378 |  |  | $ | 1,096 |  |  | $ | 2,604 |  |  | $ | 2,089 |
European Beverage | 599 |  |  | 479 |  |  | 1,109 |  |  | 868 |
Asia Pacific | 432 |  |  | 330 |  |  | 845 |  |  | 661 |
Transit Packaging | 691 |  |  | 637 |  |  | 1,348 |  |  | 1,194 |
Other | 410 |  |  | 314 |  |  | 766 |  |  | 608 |
Total | $ | 3,510 |  |  | $ | 2,856 |  |  | $ | 6,672 |  |  | $ | 5,420 |
The primary sources of revenue included in Other are the Company's food can, aerosol can, and closures businesses in North America, and beverage 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,
| 2022 |  | 2021 |  | 2022 |  | 2021
Americas Beverage | $ | 7 |  |  | $ | — |  |  | $ | 7 |  |  | $ | — |
European Beverage | $ | 30 |  |  | $ | 36 |  |  | $ | 60 |  |  | $ | 72 |
Transit Packaging | 6 |  |  | 6 |  |  | 14 |  |  | 13 |
Other | 20 |  |  | 30 |  |  | 49 |  |  | 60 |
Total | $ | 63 |  |  | $ | 72 |  |  | $ | 130 |  |  | $ | 145 |
Intersegment sales primarily include sales of cans, ends and parts and equipment used in the manufacturing process.
| Segment Income |  | Segment Income
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Americas Beverage | $ | 216 |  |  | $ | 197 |  |  | $ | 380 |  |  | $ | 385 |
European Beverage | 56 |  |  | 78 |  |  | 109 |  |  | 140 |
Asia Pacific | 55 |  |  | 47 |  |  | 108 |  |  | 99 |
Transit Packaging | 74 |  |  | 82 |  |  | 135 |  |  | 152 |
Total reportable segments | $ | 401 |  |  | $ | 404 |  |  | $ | 732 |  |  | $ | 776 |
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,
| 2022 |  | 2021 |  | 2022 |  | 2021
Segment income of reportable segments | $ | 401 |  |  | $ | 404 |  |  | $ | 732 |  |  | $ | 776 |
Segment income of other | 62 |  |  | 36 |  |  | 156 |  |  | 72 |
Corporate and unallocated items | (31) |  |  | (45) |  |  | (73) |  |  | (84) |
Restructuring and other | 73 |  |  | 31 |  |  | 74 |  |  | 31 |
Amortization of intangibles | (39) |  |  | (41) |  |  | (79) |  |  | (83) |
Other pension and postretirement | 4 |  |  | 2 |  |  | 8 |  |  | 3 |
Interest expense | (64) |  |  | (68) |  |  | (118) |  |  | (137) |
Interest income | 3 |  |  | 1 |  |  | 6 |  |  | 3 |
Foreign exchange | (7) |  |  | (1) |  |  | 3 |  |  | 1 |
Income from continuing operations before taxes and equity in net earnings of affiliates | $ | 402 |  |  | $ | 319 |  |  | $ | 709 |  |  | $ | 582 |

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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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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