Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2018

Business Segment Information

Summary of business by segment

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions)	2018		2017		2018		2017
Net sales
Beverage packaging, North and Central America	$	1,237	$	1,080	$	3,513	$	3,180
Beverage packaging, South America		391		425		1,229		1,145
Beverage packaging, Europe		683		651		1,995		1,824
Aerospace		283		241		837		734
Reportable segment sales		2,594		2,397		7,574		6,883
Other		352		511		1,258		1,353
Net sales	$	2,946	$	2,908	$	8,832	$	8,236
Comparable operating earnings
Beverage packaging, North and Central America	$	153	$	121	$	423	$	400
Beverage packaging, South America		71		78		235		205
Beverage packaging, Europe		84		74		219		184
Aerospace		26		23		75		70
Reportable segment comparable operating earnings		334		296		952		859
Reconciling items
Other (a)		6		17		40		11
Business consolidation and other activities		(32)		(157)		(131)		(253)
Amortization of acquired Rexam intangibles		(40)		(37)		(124)		(120)
Catch-up depreciation and amortization for 2016 from finalization of Rexam valuation		—		5		—		(34)
Earnings before interest and taxes		268		124		737		463
Interest expense		(76)		(74)		(226)		(216)
Debt refinancing and other costs		—		—		(1)		(1)
Total interest expense		(76)		(74)		(227)		(217)
Earnings before taxes	$	192	$	50	$	510	$	246

(a) Includes undistributed corporate expenses, net, of $21 million and $29 million for the three months ended September 30, 2018 and 2017, respectively, and $64 million and $106 million for the nine months ended September 30, 2018 and 2017, respectively.