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Revenue | 9 Months Ended
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Sep. 30, 2021
Revenue |
Revenue | ​ 2. Revenue Revenue is recognized at the point in time when obligations under the terms of the Company’s contracts and related purchase orders with its customers are satisfied. This occurs with the transfer of control of glass containers, which primarily takes place when products are shipped from the Company’s manufacturing or warehousing facilities to the customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods, which includes estimated provisions for rebates, discounts, returns and allowances. Sales, value-added, and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue. The Company’s payment terms are based on customary business practices and can vary by customer type. The term between invoicing and when payment is due is not significant. Also, the Company elected to account for shipping and handling costs as a fulfillment cost at the time of shipment. For the three- and nine-month periods ended September 30, 2021 and September 30, 2020, the Company had no material bad debt expense, and there were no material contract assets, contract liabilities or deferred contract costs recorded on the Condensed Consolidated Balance Sheet. Consistent with the disclosures in Note 1 related to the ANZ sale, Asia Pacific revenue for the three- and nine-month periods ended September 30, 2020, reflect only the revenue of the ANZ businesses. The other businesses that comprised the Asia Pacific segment and that have been retained by the Company have been reclassified to the Other sales line. The following tables for the three months ended September 30, 2021 and 2020 disaggregate the Company’s revenue by customer end use: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended September 30, 2021
​ |  | Americas | ​ | Europe | ​ | Asia Pacific | ​ | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Alcoholic beverages (beer, wine, spirits) |  | $ | 561 |  | $ | 467 |  | $ | — | ​ | $ | 1,028
Food and other | ​ |  | 215 | ​ |  | 124 | ​ |  | ​ | ​ |  | 339
Non-alcoholic beverages | ​ |  | 149 | ​ |  | 64 | ​ |  | ​ | ​ |  | 213
Reportable segment totals | ​ | $ | 925 | ​ | $ | 655 | ​ | $ | — | ​ | $ | 1,580
Other | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 29
Net sales |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,609
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended September 30, 2020
​ |  | Americas | ​ | Europe | ​ | Asia Pacific | ​ | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Alcoholic beverages (beer, wine, spirits) |  | $ | 537 | ​ | $ | 452 | ​ | $ | 40 | ​ | $ | 1,029
Food and other | ​ |  | 222 | ​ | ​ | 138 | ​ | ​ | 6 | ​ |  | 366
Non-alcoholic beverages | ​ |  | 128 | ​ | ​ | 54 | ​ | ​ | 6 | ​ |  | 188
Reportable segment totals | ​ | $ | 887 | ​ | $ | 644 | ​ | $ | 52 | ​ | $ | 1,583
Other | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 33
Net sales |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,616
​ ​ ​ ​ ​ ​ ​ ​ ​ The following tables for the nine months ended September 30, 2021 and 2020 disaggregate the Company’s revenue by customer end use: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine months ended September 30, 2021
​ |  | Americas | ​ | Europe | ​ | Asia Pacific | ​ | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Alcoholic beverages (beer, wine, spirits) |  | $ | 1,610 |  | $ | 1,507 |  | $ | — | ​ | $ | 3,117
Food and other | ​ |  | 627 | ​ |  | 366 | ​ |  | ​ | ​ |  | 993
Non-alcoholic beverages | ​ |  | 415 | ​ |  | 166 | ​ |  | ​ | ​ |  | 581
Reportable segment totals | ​ | $ | 2,652 | ​ | $ | 2,039 | ​ | $ | — | ​ | $ | 4,691
Other | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 79
Net sales |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 4,770
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine months ended September 30, 2020
​ |  | Americas | ​ | Europe | ​ | Asia Pacific | ​ | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Alcoholic beverages (beer, wine, spirits) |  | $ | 1,471 | ​ | $ | 1,258 | ​ | $ | 217 | ​ | $ | 2,946
Food and other | ​ |  | 609 | ​ | ​ | 360 | ​ | ​ | 38 | ​ |  | 1,007
Non-alcoholic beverages | ​ |  | 362 | ​ | ​ | 157 | ​ | ​ | 26 | ​ |  | 545
Reportable segment totals | ​ | $ | 2,442 | ​ | $ | 1,775 | ​ | $ | 281 | ​ | $ | 4,498
Other | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 97
Net sales |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 4,595
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
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