Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Business Segment Information

Summary of business by segment

	Three Months Ended June 30,				Six Months Ended June 30,
($ in millions)	2019		2018		2019		2018
Net sales
Beverage packaging, North and Central America	$	1,286	$	1,241	$	2,417	$	2,276
Beverage packaging, South America		377		379		818		838
Beverage packaging, Europe		715		703		1,353		1,312
Aerospace		379		290		707		554
Reportable segment sales		2,757		2,613		5,295		4,980
Other		260		488		507		906
Net sales	$	3,017	$	3,101	$	5,802	$	5,886
Comparable operating earnings
Beverage packaging, North and Central America	$	141	$	157	$	259	$	270
Beverage packaging, South America		65		66		133		164
Beverage packaging, Europe		87		75		151		135
Aerospace		38		24		68		49
Reportable segment comparable operating earnings		331		322		611		618
Reconciling items
Other (a)		16		30		11		34
Business consolidation and other activities		—		(69)		(14)		(99)
Amortization of acquired Rexam intangibles		(40)		(40)		(80)		(84)
Earnings before interest and taxes		307		243		528		469
Interest expense		(81)		(77)		(158)		(150)
Debt refinancing and other costs		—		—		(4)		(1)
Total interest expense		(81)		(77)		(162)		(151)
Earnings before taxes	$	226	$	166	$	366	$	318

(a) Includes undistributed corporate expenses, net, of $16 million and $21 million for the three months ended June 30, 2019 and 2018, respectively, and $39 million and $43 million for the six months ended June 30, 2019 and 2018, respectively.