XML 49 R37.htm IDEA: XBRL DOCUMENT v3.23.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Information about Operating Segments
The tables below present information about the Company's operating segments.

 External SalesExternal Sales
Three Months EndedSix Months Ended
 June 30,June 30,
 2023202220232022
Americas Beverage$1,292 $1,378 $2,553 $2,604 
European Beverage532 599 1,011 1,109 
Asia Pacific332 432 670 845 
Transit Packaging 597 691 1,161 1,348 
Other356 410 688 766 
Total$3,109 $3,510 $6,083 $6,672 

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 SalesIntersegment Sales
Three Months EndedSix Months Ended
 June 30,June 30,
 2023202220232022
Americas Beverage$— $$— $
European Beverage— 30 — 60 
Transit Packaging14 27 14 
Other46 20 84 49 
Total$60 $63 $111 $130 

Intersegment sales primarily include sales of cans, ends and parts and equipment used in the manufacturing process.

 Segment IncomeSegment Income
Three Months EndedSix Months Ended
 June 30,June 30,
 2023202220232022
Americas Beverage$211 $216 $389 $380 
European Beverage74 56 119 109 
Asia Pacific38 55 74 108 
Transit Packaging89 74 167 135 
Total reportable segments$412 $401 $749 $732 
Schedule of Reconciliation of Segment Income
A reconciliation of segment income of reportable segments to income before income taxes is as follows:
Three Months EndedSix Months Ended
 June 30,June 30,
 2023202220232022
Segment income of reportable segments$412 $401 $749 $732 
Segment income of other36 62 63 156 
Corporate and unallocated items(34)(31)(78)(73)
Restructuring and other, net(6)73 (17)74 
Amortization of intangibles(41)(39)(81)(79)
Other pension and postretirement(16)(27)
Interest expense(110)(64)(212)(118)
Interest income12 21 
Foreign exchange(14)(7)(18)
Income from operations before taxes and equity in net earnings of affiliates$239 $402 $400 $709