Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Business Segment Information

Summary of business by segment

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions)	2019		2018		2019		2018
Net sales
Beverage packaging, North and Central America	$	1,230	$	1,237	$	3,647	$	3,513
Beverage packaging, South America		392		391		1,210		1,229
Beverage packaging, Europe		699		683		2,052		1,995
Aerospace		374		283		1,081		837
Reportable segment sales		2,695		2,594		7,990		7,574
Other		258		352		765		1,258
Net sales	$	2,953	$	2,946	$	8,755	$	8,832
Comparable operating earnings
Beverage packaging, North and Central America	$	157	$	153	$	416	$	423
Beverage packaging, South America		60		71		193		235
Beverage packaging, Europe		90		84		241		219
Aerospace		35		26		103		75
Reportable segment comparable operating earnings		342		334		953		952
Reconciling items
Other (a)		27		6		38		40
Business consolidation and other activities		(133)		(32)		(147)		(131)
Amortization of acquired Rexam intangibles		(38)		(40)		(118)		(124)
Earnings before interest and taxes		198		268		726		737
Interest expense		(79)		(76)		(237)		(226)
Debt refinancing and other costs		—		—		(4)		(1)
Total interest expense		(79)		(76)		(241)		(227)
Earnings before taxes	$	119	$	192	$	485	$	510

(a) Includes undistributed corporate expenses, net, of $5 million and $21 million for the three months ended September 30, 2019 and 2018, respectively, and $44 million and $64 million for the nine months ended September 30, 2019 and 2018, respectively.