Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Business Segment Information

Summary of business by segment

	Three Months Ended June 30,				Six Months Ended June 30,
($ in millions)	2020		2019		2020		2019
Net sales
Beverage packaging, North and Central America	$	1,267	$	1,286	$	2,448	$	2,417
Beverage packaging, EMEA		699		768		1,368		1,452
Beverage packaging, South America		329		377		734		818
Aerospace		438		379		870		707
Reportable segment sales		2,733		2,810		5,420		5,394
Other		68		207		166		408
Net sales	$	2,801	$	3,017	$	5,586	$	5,802
Comparable operating earnings
Beverage packaging, North and Central America	$	189	$	141	$	335	$	259
Beverage packaging, EMEA		63		98		131		172
Beverage packaging, South America		46		65		109		133
Aerospace		30		38		70		68
Reportable segment comparable operating earnings		328		342		645		632
Reconciling items
Other (a)		(1)		5		(11)		(10)
Business consolidation and other activities		(112)		—		(227)		(14)
Amortization of acquired Rexam intangibles		(37)		(40)		(74)		(80)
Earnings before interest and taxes		178		307		333		528
Interest expense		(67)		(81)		(138)		(158)
Debt refinancing and other costs		—		—		(40)		(4)
Total interest expense		(67)		(81)		(178)		(162)
Earnings before taxes	$	111	$	226	$	155	$	366

(a) Includes undistributed corporate expenses, net, of $6 million and $15 million for the three months ended June 30, 2020 and 2019, respectively, and $20 million and $38 million for the six months ended June 30, 2020 and 2019, respectively.