Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

Business Segment Information

Summary of business by segment

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions)	2021		2020		2021		2020
Net sales
Beverage packaging, North and Central America	$	1,519	$	1,327	$	4,339	$	3,775
Beverage packaging, EMEA		937		809		2,639		2,177
Beverage packaging, South America		462		432		1,401		1,166
Aerospace		498		451		1,381		1,321
Reportable segment sales		3,416		3,019		9,760		8,439
Other		137		74		377		240
Net sales	$	3,553	$	3,093	$	10,137	$	8,679
Comparable operating earnings
Beverage packaging, North and Central America	$	186	$	209	$	519	$	544
Beverage packaging, EMEA		125		117		349		248
Beverage packaging, South America		74		64		245		173
Aerospace		46		44		115		114
Reportable segment comparable operating earnings		431		434		1,228		1,079
Reconciling items
Other (a)		(14)		(15)		(67)		(26)
Business consolidation and other activities		(141)		(8)		(136)		(235)
Amortization of acquired intangibles		(38)		(37)		(114)		(111)
Earnings before interest and taxes		238		374		911		707
Interest expense		(68)		(68)		(201)		(206)
Debt refinancing and other costs		(1)		(1)		(1)		(41)
Total interest expense		(69)		(69)		(202)		(247)
Earnings before taxes	$	169	$	305	$	709	$	460

(a) Includes undistributed corporate expenses, net, of $17 million and $13 million for the three months ended September 30, 2021 and 2020, respectively, and $71 million and $33 million for the nine months ended September 30, 2021 and 2020, respectively.