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Segment Information
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company evaluates performance and allocates resources based on segment income, which is not a defined term under GAAP. The Company defines segment income as income from operations adjusted to exclude intangibles amortization charges, provisions for 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 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 the Company's operating segments.

 External SalesExternal Sales
Three Months EndedSix Months Ended
 June 30,June 30,
 2024202320242023
Americas Beverage$1,325 $1,292 $2,547 $2,553 
European Beverage560 532 1,042 1,011 
Asia Pacific290 332 569 670 
Transit Packaging 550 597 1,070 1,161 
Other315 356 596 688 
Total$3,040 $3,109 $5,824 $6,083 

The primary sources of revenue included in Other are 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.
 Intersegment SalesIntersegment Sales
Three Months EndedSix Months Ended
 June 30,June 30,
 2024202320242023
Transit Packaging$3 $14 $8 $27 
Other13 46 34 84 
Total$16 $60 $42 $111 

Intersegment sales primarily include sales of cans, ends and parts used in the manufacturing process.
 Segment IncomeSegment Income
Three Months EndedSix Months Ended
 June 30,June 30,
 2024202320242023
Americas Beverage$243 $211 $432 $389 
European Beverage88 69 139 108 
Asia Pacific55 38 97 74 
Transit Packaging73 89 141 167 
Total reportable segments$459 $407 $809 $738 

A reconciliation of segment income of reportable segments to income before income taxes is as follows:

Three Months EndedSix Months Ended
 June 30,June 30,
 2024202320242023
Segment income of reportable segments$459 $407 $809 $738 
Segment income of other14 36 22 63 
Corporate and unallocated items(36)(29)(86)(67)
Restructuring and other, net(17)(6)(40)(17)
Amortization of intangibles(41)(41)(81)(81)
Other pension and postretirement(13)(16)(24)(27)
Interest expense(112)(110)(225)(212)
Interest income16 12 36 21 
Foreign exchange(5)(14)(12)(18)
Income from operations before taxes and equity in net earnings of affiliates$265 $239 $399 $400 


For the three and six months ended June 30, 2023, intercompany profits of $8 and $9 were eliminated within segment income of other.

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