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Segment Information
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s business is generally organized by product line and geography. The Company has determined that it has the following reportable segments: Americas Beverage, European Beverage, Asia Pacific and Transit Packaging. Other includes 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.

During the fourth quarter of 2023, the Company recast its segment reporting to reclassify European corporate costs that were previously included in Corporate and other unallocated items into the European Beverage segment. The change was effective December 31, 2023, and segment results for prior periods have been recast to conform to the new presentation.

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 exclude intangibles amortization charges, restructuring and other and the impact of fair value adjustments related to inventory acquired in an acquisition. 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.

The tables below present information about operating segments reported as continuing operations for the three years ended December 31, 2023, 2022 and 2021:

2023Inter-
ExternalsegmentCapitalSegment
salessalesDepreciationexpendituresincome
Americas Beverage$5,147 $— $149 $296 $876 
European Beverage1,939 — 56 291 199 
Asia Pacific1,297 — 63 66 154 
Transit Packaging2,256 49 44 26 331 
Total reportable segments10,639 49 312 679 $1,560 
Other1,371 144 22 76 
Corporate and unallocated items— — 2 38 
Total$12,010 $193 $336 $793 

2022Inter-
ExternalsegmentCapitalSegment
salessalesDepreciationexpendituresincome
Americas Beverage$5,126 $7 $128 $380 $742 
European Beverage2,114 89 49 283 123 
Asia Pacific1,615 — 62 51 172 
Transit Packaging2,545 36 41 64 281 
Total reportable segments11,400 132 280 778 $1,318 
Other1,543 103 18 61 
Corporate and unallocated items— — 3 — 
Total$12,943 $235 $301 $839 
2021Inter-
ExternalsegmentCapitalSegment
salessalesDepreciationexpendituresincome
Americas Beverage$4,441 $— $108 $508 $756 
European Beverage1,843 133 53 57 224 
Asia Pacific1,322 — 61 68 182 
Transit Packaging2,530 25 41 58 318 
Total reportable segments10,136 158 263 691 $1,480 
Other1,258 114 17 58 
Corporate and unallocated items— — 2 38 
Total$11,394 $272 $282 $787 

The company does not disclose total assets by segment as it is not provided to the chief operating decision maker.

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

Corporate and unallocated items include corporate and administrative costs, research and development, and unallocated items such as stock-based compensation and insurance costs.

A reconciliation of segment income of reportable segments to income before income taxes for the three years ended December 31, 2023, 2022 and 2021 follows:
 202320222021
Segment income of reportable segments$1,560 $1,318 $1,480 
Other117 240 144 
Corporate and unallocated items(131)(115)(124)
Restructuring and other(114)52 28 
Amortization of intangibles(163)(159)(165)
Loss from early extinguishments of debt(1)(11)(68)
Other pension and postretirement(49)16 (1,515)
Interest expense(436)(284)(253)
Interest income53 15 9 
Foreign exchange(41)(16)45 
Income / (loss) from continuing operations before income taxes and equity in net earnings of affiliates$795 $1,056 $(419)

For the three years ended December 31, 2023, 2022 and 2021, intercompany profit of $13, $19 and $8 was eliminated within segment income of other.

For the years ended December 31, 2023, 2022 and 2021, two customers each accounted for 12% and 11%, of the Company's consolidated net sales. These customers are global beverage companies served by the Company's beverage operations in the Americas, Europe and Asia.

Sales by major product were:
202320222021
Metal beverage cans and ends$7,514 $8,096 $6,982 
Transit packaging2,256 2,545 2,530 
Metal food cans and ends1,013 1,099 789 
Other products701 598 580 
Other metal packaging526 605 513 
Total$12,010 $12,943 $11,394 
The following table provides sales and long-lived asset information for the major countries in which the Company operates. Long-lived assets comprises property, plant and equipment.
Net SalesLong-Lived Assets
20232022202120232022
United States$4,482 $4,740 $4,182 $1,694 $1,557 
Mexico1,129 1,080 896 560 464 
Brazil991 1,011 933 500 530 
Canada823 893 782 99 95 
United Kingdom494 521 412 466 262 
Vietnam423 547 342 317 282 
Other3,668 4,151 3,847 1,426 1,350 
Total$12,010 $12,943 $11,394 $5,062 $4,540