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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2024
Accounting Policies [Abstract] |
Schedule of Estimated Useful Lives of PP&E | Depreciation is provided on a straight-line basis over the estimated useful lives of the assets described below (in years). During the first quarter of 2024, the Company completed a review of the useful lives of its beverage machinery and equipment and buildings based on the Company’s experience with the duration over which equipment and buildings of its aluminum beverage can business can be utilized. The Company engaged a third-party appraiser to assist in this review and, as a result, effective January 1, 2024, the Company revised the estimated useful lives of its buildings up to 50 years, and machinery and equipment up to 23 years. The change in useful lives resulted in a net reduction in depreciation expense of approximately $64 or $0.40 per diluted share for the year ended December 31, 2024, respectively, as compared to the amount of depreciation expense that would have been recorded by utilizing the prior depreciable lives.
Land improvements | 25
Buildings and building improvements | 25 – 50
Machinery and equipment | 3– 23
| 2024 |  | 2023
Buildings and improvements | $ | 1,898 |  |  | $ | 1,888 |
Machinery and equipment | 5,940 |  |  | 6,153 |
Land and improvements | 265 |  |  | 269 |
Construction in progress | 469 |  |  | 589 |
| 8,572 |  |  | 8,899 |
Less: accumulated depreciation and amortization | (3,645) |  |  | (3,837) |
| $ | 4,927 |  |  | $ | 5,062 |
Schedule of Gross Carrying Amounts and Accumulated Amortization of Finite-Lived Intangible Assets | Finite-lived intangibles are amortized on a straight-line basis over their estimated useful lives described below (in years).
Customer relationships | 10 - 18
Trade names | 8 - 27
Technology | 6 - 8
Long-term supply contracts | 15
Patents | 8
Gross carrying amounts and accumulated amortization of finite-lived intangible assets by major class were as follows:
| December 31, 2024 |  | December 31, 2023
| Gross |  | Accumulated amortization |  | Net |  | Gross |  | Accumulated amortization |  | Net
Customer relationships | $ | 1,342 |  |  | $ | (734) |  |  | $ | 608 |  |  | $ | 1,423 |  |  | $ | (670) |  |  | $ | 753 |
Trade names | 522 |  |  | (148) |  |  | 374 |  |  | 539 |  |  | (130) |  |  | 409 |
Technology | 153 |  |  | (140) |  |  | 13 |  |  | 159 |  |  | (133) |  |  | 26 |
Long term supply contracts | 139 |  |  | (92) |  |  | 47 |  |  | 167 |  |  | (99) |  |  | 68 |
Patents | 12 |  |  | (10) |  |  | 2 |  |  | 12 |  |  | (10) |  |  | 2 |
| $ | 2,168 |  |  | $ | (1,124) |  |  | $ | 1,044 |  |  | $ | 2,300 |  |  | $ | (1,042) |  |  | $ | 1,258 |
Schedule of Change in Accounting Estimate | The effects of the revisions on each of the impacted financial statement line items within the Company's Consolidated Statements of Cash Flows for the years ended December 31, 2023 and 2022 were as follows:
| Year Ended December 31, 2023
| As Previously Reported | Adjustments | As Revised
Net change in revolving credit facility and short-term debt | $ | (398) |  | $ | 2 |  | $ | (396) |
Proceeds from short-term debt | — |  | 129 |  | 129 |
Payments of short-term debt | — |  | (131) |  | (131) |
Net cash provided by financing activities | 116 |  | — |  | 116 |
| Year Ended December 31, 2022
| As Previously Reported | Adjustments | As Revised
Net change in revolving credit facility and short-term debt | $ | 268 |  | $ | — |  | $ | 268 |
Proceeds from short-term debt | — |  | 45 |  | 45 |
Payments of short-term debt | — |  | (45) |  | $ | (45) |
Net cash used for financing activities | (25) |  | — |  | (25) |

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