Segment Information

The Company’s business is organized geographically within three divisions, Americas, Europe and Asia Pacific. Within the Americas and European divisions, the Company has determined that it has the following reportable segments organized along a combination of product lines and geographic areas: Americas Beverage within the Americas, and European Beverage and European Food within Europe. The Company's Asia Pacific division is a reportable segment.

Non-reportable segments include the Company’s aerosol can businesses in North America and Europe, the Company's food can business in North America, the Company’s promotional packaging business in Europe and the Company’s tooling and equipment operations in the U.S. and United Kingdom.

The Company evaluates performance and allocates resources based on segment income. Segment income, which is not a defined term under GAAP, is defined by the Company as income from operations adjusted to add back provisions for asbestos and restructuring and other, the impact of fair value adjustments related to the sale of inventory acquired in an acquisition and the timing impact of hedge ineffectiveness. Segment income should not be considered in isolation or as a substitute for net income data prepared in accordance with GAAP and may not be comparable to calculations of similarly titled measures by other companies.

Effective January 1, 2018, the Company made changes to our segment reporting to reflect refinements to its internal reporting. The North America Food Segment was classified as a non-reportable segments. Additionally, the Company revised its definition of segment income to also exclude intangibles amortization charges. Prior period segment income amounts have been recast to conform to current year presentation of intangible amortization charges and the new guidance related to the presentation of pension and other postretirement benefit costs discussed in Note A.

The tables below present information about operating segments for the three years ended December 31, 2017, 2016 and 2015:



2017			Inter-				Depreciation
	External		segment		Segment		and		Capital		Segment
	sales		sales		assets		amortization		expenditures		income
Americas Beverage	$	2,928	$	34	$	3,253	$	95	$	167	$	470
European Beverage	1,457		2		1,631		35		109		235
European Food	1,935		70		2,964		52		45		264
Asia Pacific	1,177		—		1,355		42		123		168
Total reportable segments	7,497		106		9,203		224		444		$	1,137
Non-reportable segments	1,201		116		1,039		19		27
Corporate and unallocated items	—		—		421		4		27
Total	$	8,698	$	222	$	10,663	$	247	$	498



2016			Inter-				Depreciation
	External		segment		Segment		and		Capital		Segment
	sales		sales		assets		amortization		expenditures		income
Americas Beverage	$	2,757	$	50	$	2,886	$	92	$	220	$	456
European Beverage	1,420		3		1,381		32		94		240
European Food	1,855		59		2,557		53		42		260
Asia Pacific	1,116		—		1,161		40		80		152
Total reportable segments	7,148		112		7,985		217		436		$	1,108
Non-reportable segments	1,136		153		1,034		18		23
Corporate and unallocated items	—		—		580		12		14
Total	$	8,284	$	265	$	9,599	$	247	$	473



2015			Inter-				Depreciation
	External		segment		Segment		and		Capital		Segment
	sales		sales		assets		amortization		expenditures		income
Americas Beverage	$	2,771	$	71	$	2,977	$	93	$	119	$	431
European Beverage	1,504		1		1,461		27		97		223
European Food	1,984		93		2,723		53		35		263
Asia Pacific	1,202		2		1,133		40		68		145
Total reportable segments	7,461		167		8,294		213		319		$	1,062
Non-reportable segments	1,301		100		984		18		29
Corporate and unallocated items	—		—		772		6		6
Total	$	8,762	$	267	$	10,050	$	237	$	354

Intersegment sales primarily include sales of ends and components used to manufacture cans, such as printed and coated metal, as well as parts and equipment used in the manufacturing process.

Corporate and unallocated items include corporate and division administrative costs, technology costs, and the timing impact of hedge ineffectiveness.

A reconciliation of segment income of reportable segments to income before income taxes for the three years ended December 31, 2017, 2016 and 2015 follows:



	2017			2016			2015
Segment income of reportable segments	$	1,137		$	1,108		$	1,062
Segment income of non-reportable segments	123			123			153
Corporate and unallocated items	(143		)	(142		)	(172		)
Provision for asbestos	(3		)	(21		)	(26		)
Restructuring and other	(51		)	(30		)	(64		)
Amortization of intangibles	(39		)	(41		)	(40		)
Loss from early extinguishments of debt	(7		)	(37		)	(9		)
Other pension and postretirement	53			24			14
Interest expense	(252		)	(243		)	(270		)
Interest income	15			12			11
Foreign exchange	(4		)	16			(20		)
Income before income taxes	$	829		$	769		$	639

For the three years ended December 31, 2017, 2016 and 2015, intercompany profit of $8, $13 and $2 was eliminated within segment income of non-reportable segments.

For the three years ended December 31, 2017, 2016 and 2015, no one customer accounted for more than 10% of the Company's consolidated net sales.

Sales by major product were:



	2017		2016		2015
Metal beverage cans and ends	$	5,085	$	4,834	$	4,957
Metal food cans and ends	2,331		2,213		2,410
Other metal packaging	887		877		977
Other products	395		360		418
Consolidated net sales	$	8,698	$	8,284	$	8,762

The following table provides sales and long-lived asset information for the major countries in which the Company operates. Long-lived assets includes property, plant and equipment attributed to the specific countries listed below.



	Net Sales						Long-Lived Assets
	2017		2016		2015		2017		2016
United States	$	1,931	$	1,918	$	2,013	$	516	$	497
Mexico	699		688		693		388		304
Spain	649		645		669		323		203
United Kingdom	600		559		712		150		136
Brazil	652		523		482		335		358
Other	4,167		3,951		4,193		1,527		1,322
Consolidated total	$	8,698	$	8,284	$	8,762	$	3,239	$	2,820