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v3.26.1

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2026
Segment Reporting [Abstract] |
Schedule of Information about Operating Segments | The tables below present information about the Company's operating segments.
Three Months Ended June 30, 2026
| External |  | Intersegment |  |  |  | Capital |  | Segment
| sales |  | sales |  | Depreciation |  | expenditures |  | income
Americas Beverage | $ | 1,699 |  |  | $ | — |  |  | $ | 36 |  |  | $ | 19 |  |  | $ | 265 |
European Beverage | 735 |  |  | — |  |  | 16 |  |  | 80 |  |  | 107 |
Asia Pacific | 331 |  |  | — |  |  | 10 |  |  | 4 |  |  | 53 |
Transit Packaging | 537 |  |  | 5 |  |  | 11 |  |  | 6 |  |  | 68 |
Total reportable segments | 3,302 |  |  | 5 |  |  | 73 |  |  | 109 |  |  | $ | 493 |
Other | 366 |  |  | 33 |  |  | 7 |  |  | 7 |  |  |
Corporate and unallocated items | — |  |  | — |  |  | 1 |  |  | — |  |  |
Total | $ | 3,668 |  |  | $ | 38 |  |  | $ | 81 |  |  | $ | 116 |  |  |
Three Months Ended June 30, 2025
| External |  | Intersegment |  |  |  | Capital |  | Segment
| sales |  | sales |  | Depreciation |  | expenditures |  | income
Americas Beverage | $ | 1,405 |  |  | $ | — |  |  | $ | 33 |  |  | $ | 18 |  |  | $ | 268 |
European Beverage | 635 |  |  | — |  |  | 15 |  |  | 22 |  |  | 97 |
Asia Pacific | 256 |  |  | — |  |  | 11 |  |  | 4 |  |  | 50 |
Transit Packaging | 526 |  |  | 4 |  |  | 10 |  |  | 7 |  |  | 72 |
Total reportable segments | 2,822 |  |  | 4 |  |  | 69 |  |  | 51 |  |  | $ | 487 |
Other | 327 |  |  | 15 |  |  | 6 |  |  | 3 |  |  |
Corporate and unallocated items | — |  |  | — |  |  | 1 |  |  | 2 |  |  |
Total | $ | 3,149 |  |  | $ | 19 |  |  | $ | 76 |  |  | $ | 56 |  |  |
Six Months Ended June 30, 2026
| External |  | Intersegment |  |  |  | Capital |  | Segment
| sales |  | sales |  | Depreciation |  | expenditures |  | income
Americas Beverage | $ | 3,229 |  |  | $ | — |  |  | $ | 71 |  |  | $ | 43 |  |  | $ | 475 |
European Beverage | 1,323 |  |  | — |  |  | 32 |  |  | 128 |  |  | 193 |
Asia Pacific | 634 |  |  | — |  |  | 20 |  |  | 7 |  |  | 105 |
Transit Packaging | 1,033 |  |  | 10 |  |  | 22 |  |  | 13 |  |  | 121 |
Total reportable segments | 6,219 |  |  | 10 |  |  | 145 |  |  | 191 |  |  | $ | 894 |
Other | 708 |  |  | 63 |  |  | 14 |  |  | 11 |  |  |
Corporate and unallocated items | — |  |  | — |  |  | 2 |  |  | 1 |  |  |
Total | $ | 6,927 |  |  | $ | 73 |  |  | $ | 161 |  |  | $ | 203 |  |  |
Six Months Ended June 30, 2025
| External |  | Intersegment |  |  |  | Capital |  | Segment
| sales |  | sales |  | Depreciation |  | expenditures |  | income
Americas Beverage | $ | 2,725 |  |  | $ | — |  |  | $ | 64 |  |  | $ | 27 |  |  | $ | 504 |
European Beverage | 1,147 |  |  | — |  |  | 29 |  |  | 38 |  |  | 164 |
Asia Pacific | 535 |  |  | — |  |  | 22 |  |  | 4 |  |  | 97 |
Transit Packaging | 1,008 |  |  | 8 |  |  | 21 |  |  | 15 |  |  | 132 |
Total reportable segments | 5,415 |  |  | 8 |  |  | 136 |  |  | 84 |  |  | $ | 897 |
Other | 621 |  |  | 32 |  |  | 13 |  |  | 3 |  |  |
Corporate and unallocated items | — |  |  | — |  |  | 2 |  |  | 2 |  |  |
Total | $ | 6,036 |  |  | $ | 40 |  |  | $ | 151 |  |  | $ | 89 |  |  |
Schedule of 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,
| 2026 |  | 2025 |  | 2026 |  | 2025
Segment income of reportable segments | $ | 493 |  |  | $ | 487 |  |  | $ | 894 |  |  | $ | 897 |
Segment income of other | 52 |  |  | 35 |  |  | 99 |  |  | 64 |
Corporate and unallocated items | (44) |  |  | (46) |  |  | (87) |  |  | (87) |
Restructuring and other, net | (2) |  |  | (47) |  |  | (4) |  |  | (45) |
Amortization of intangibles | (35) |  |  | (38) |  |  | (73) |  |  | (73) |
Loss from early extinguishments of debt | — |  |  | (1) |  |  | (3) |  |  | (1) |
Other pension and postretirement | (5) |  |  | 1 |  |  | (10) |  |  | (4) |
Interest expense | (105) |  |  | (103) |  |  | (202) |  |  | (202) |
Interest income | 14 |  |  | 14 |  |  | 26 |  |  | 27 |
Foreign exchange | (3) |  |  | (9) |  |  | — |  |  | (11) |
Income from operations before taxes and equity in net earnings of affiliates | $ | 365 |  |  | $ | 293 |  |  | $ | 640 |  |  | $ | 565 |

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