XML 49 R38.htm IDEA: XBRL DOCUMENT v3.22.2

Segment Information (Tables)

6 Months Ended

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

X

- 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

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration