Business Consolidation and Other Activities

3 Months Ended

Mar. 31, 2024

Business Consolidation and Other Activities

Business Consolidation and Other Activities

6.     Business Consolidation and Other Activities

Following is a summary of business consolidation and other activity (charges)/income included in the unaudited condensed consolidated statements of earnings:

	Three Months Ended March 31,
($ in millions)	2024		2023
Beverage packaging, North and Central America	$	(30)	$	(22)
Beverage packaging, EMEA		—		5
Beverage packaging, South America		(1)		(2)
Other		5		(1)
	$	(26)	$	(20)

2024

During the three months ended March 31, 2024, the net charges of $26 million were primarily related to facility closure costs. These charges were partially offset by income from the receipt of insurance proceeds for replacement costs related to the 2023 fire at the company’s Verona, Virginia extruded aluminum slug manufacturing facility.

2023

During the three months ended March 31, 2023, the net charges of $20 million primarily related to facility closure costs.