XML 59 R46.htm IDEA: XBRL DOCUMENT v3.20.2
Business Segment Information - Summary of Business (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
segment
Jun. 30, 2019
USD ($)
Business Segment Information        
Number of Reportable Segments | segment     4  
Segment Reporting Information, Revenue for Reportable Segment [Abstract]        
Net sales $ 2,801 $ 3,017 $ 5,586 $ 5,802
Reconciling items        
Other (1) 5 (11) (10)
Business consolidation and other activities (112)   (227) (14)
Amortization of acquired Rexam intangibles (44) (48) (89) (96)
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
Undistributed corporate expenses 6 15 20 38
Depreciation and Amortization        
Depreciation and amortization 170 171 339 341
Capital Expenditures        
Capital expenditures     447 275
Operating Segments        
Segment Reporting Information, Revenue for Reportable Segment [Abstract]        
Net sales 2,733 2,810 5,420 5,394
Segment Reporting Information, Operating Income (Loss) [Abstract]        
Reportable segment comparable operating earnings 328 342 645 632
Operating Segments | Beverage packaging, North And Central America        
Segment Reporting Information, Revenue for Reportable Segment [Abstract]        
Net sales 1,267 1,286 2,448 2,417
Segment Reporting Information, Operating Income (Loss) [Abstract]        
Reportable segment comparable operating earnings 189 141 335 259
Reconciling items        
Business consolidation and other activities (1) (5) (4) (6)
Operating Segments | Beverage packaging, South America        
Segment Reporting Information, Revenue for Reportable Segment [Abstract]        
Net sales 329 377 734 818
Segment Reporting Information, Operating Income (Loss) [Abstract]        
Reportable segment comparable operating earnings 46 65 109 133
Reconciling items        
Business consolidation and other activities (3) 37 (4) 36
Operating Segments | Beverage packaging, EMEA        
Segment Reporting Information, Revenue for Reportable Segment [Abstract]        
Net sales 699 768 1,368 1,452
Segment Reporting Information, Operating Income (Loss) [Abstract]        
Reportable segment comparable operating earnings 63 98 131 172
Reconciling items        
Business consolidation and other activities (3) (16) (6) (15)
Operating Segments | Aerospace        
Segment Reporting Information, Revenue for Reportable Segment [Abstract]        
Net sales 438 379 870 707
Segment Reporting Information, Operating Income (Loss) [Abstract]        
Reportable segment comparable operating earnings 30 38 70 68
Other        
Segment Reporting Information, Revenue for Reportable Segment [Abstract]        
Net sales 68 207 166 408
Reconciling items        
Business consolidation and other activities (105) (16) (213) (29)
Rexam        
Reconciling items        
Amortization of acquired Rexam intangibles $ (37) $ (40) $ (74) $ (80)