Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Business Segment Information

Schedule of major customers

	2019		2018		2017
U.S. Government	13	%	10	%	9	%
Anheuser-Busch InBev and affiliates	12	%	13	%	14	%
Coca-Cola Bottlers' Sales & Services Company LLC and affiliates	9	%	12	%	11	%

Summary of net sales and long lived assets by geographic area

Summary of Net Sales by Geographic Area (a)

($ in millions)	U.S.		Brazil		Other		Consolidated
2019	$	5,747	$	1,351	$	4,376	$	11,474
2018		5,783		1,380		4,472		11,635
2017		5,496		1,427		4,060		10,983

(a) Revenue is attributed based on origin of sale and includes intercompany eliminations.

Summary of Net Long-Lived Assets by Geographic Area (a)

($ in millions)	U.S.		Brazil		U.K.		Other		Consolidated
As of December 31, 2019	$	2,024	$	750	$	626	$	2,655	$	6,055
As of December 31, 2018		1,708		865		701		2,677		5,951

(a) Long-lived assets exclude goodwill and intangible assets.

Summary of business by segment

	Years Ended December 31,
($ in millions)	2019		2018		2017
Net sales
Beverage packaging, North and Central America	$	4,758	$	4,626	$	4,178
Beverage packaging, South America		1,670		1,701		1,692
Beverage packaging, Europe		2,651		2,619		2,360
Aerospace		1,479		1,196		991
Reportable segment sales		10,558		10,142		9,221
Other		916		1,493		1,762
Net sales	$	11,474	$	11,635	$	10,983
Comparable operating earnings
Beverage packaging, North and Central America	$	555	$	551	$	533
Beverage packaging, South America		288		313		333
Beverage packaging, Europe		308		282		233
Aerospace		140		113		98
Reportable segment comparable operating earnings		1,291		1,259		1,197
Reconciling items
Other (a)		40		31		23
Business consolidation and other activities		(244)		(191)		(221)
Amortization of acquired Rexam intangibles		(155)		(164)		(162)
Catch-up depreciation and amortization for 2016 from finalization of Rexam valuation		—		—		(35)
Earnings before interest and taxes		932		935		802
Interest expense		(317)		(301)		(285)
Debt refinancing and other costs		(7)		(1)		(3)
Total interest expense		(324)		(302)		(288)
Earnings before taxes		608		633		514

(a) Includes undistributed corporate expenses, net, of $54 million, $85 million and $128 million for the years ended December 2019, 2018 and 2017, respectively.

	Years Ended December 31,
($ in millions)	2019		2018		2017
Depreciation and amortization (a)
Beverage packaging, North and Central America	$	190	$	184	$	179
Beverage packaging, South America		136		131		144
Beverage packaging, Europe		231		238		254
Aerospace		43		33		31
Reportable segment depreciation and amortization		600		586		608
Other		78		116		121
Depreciation and amortization	$	678	$	702	$	729
Capital expenditures
Beverage packaging, North and Central America	$	139	$	322	$	283
Beverage packaging, South America		150		106		36
Beverage packaging, Europe		144		194		81
Aerospace		96		130		70
Reportable segment capital expenditures		529		752		470
Other		69		64		86
Capital expenditures	$	598	$	816	$	556

(a) Includes amortization of acquired Rexam intangibles.