Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

Business Segment Information

Summary of business by segment

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions)	2020		2019		2020		2019
Net sales
Beverage packaging, North and Central America	$	1,327	$	1,230	$	3,775	$	3,647
Beverage packaging, EMEA		809		763		2,177		2,215
Beverage packaging, South America		432		392		1,166		1,210
Aerospace		451		374		1,321		1,081
Reportable segment sales		3,019		2,759		8,439		8,153
Other		74		194		240		602
Net sales	$	3,093	$	2,953	$	8,679	$	8,755
Comparable operating earnings
Beverage packaging, North and Central America	$	209	$	157	$	544	$	416
Beverage packaging, EMEA		117		105		248		277
Beverage packaging, South America		64		60		173		193
Aerospace		44		35		114		103
Reportable segment comparable operating earnings		434		357		1,079		989
Reconciling items
Other (a)		(15)		12		(26)		2
Business consolidation and other activities		(8)		(133)		(235)		(147)
Amortization of acquired Rexam intangibles		(37)		(38)		(111)		(118)
Earnings before interest and taxes		374		198		707		726
Interest expense		(68)		(79)		(206)		(237)
Debt refinancing and other costs		(1)		—		(41)		(4)
Total interest expense		(69)		(79)		(247)		(241)
Earnings before taxes	$	305	$	119	$	460	$	485

(a) Includes undistributed corporate expenses, net, of $13 million and $4 million for the three months ended September 30, 2020 and 2019, respectively, and $33 million and $42 million for the nine months ended September 30, 2020 and 2019, respectively.