BUSINESS SEGMENT INFORMATION

We are engaged in the packaging industry and report our results in three business segments, which are our reportable segments: metal containers, closures and plastic containers. The metal containers segment manufactures steel and aluminum containers for human and pet food and general line products. The closures segment manufactures an extensive range of metal and plastic closures and dispensing systems for food, beverage, health care, garden, personal care, home and beauty products. The plastic containers segment manufactures custom designed plastic containers for personal care, food, health care, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive and marine chemical products. These segments are strategic business operations that are managed separately to maximize the production, technology and marketing of their packaging product. Our metal container business operates primarily in North America and Europe. Our closures business operates in North and South America, Europe and Asia. Our plastic container business operates primarily in North America. The accounting policies of the business segments are the same as those described in Note 1.

Information for each of the past three years for our business segments is as follows:



	Metal Containers		Closures		Plastic Containers		Corporate			Total
	(Dollars in thousands)
2017
Net sales	$	2,278,054	$	1,246,669	$	565,131	$	—		$	4,089,854
Depreciation and amortization	77,698		61,668		34,607		89			174,062
Rationalization charges	3,308		1,042		1,476		—			5,826
Segment income from operations⁽¹⁾	230,199		142,048		27,770		(43,027		)	356,990
Segment assets	1,670,426		2,182,529		704,432		34,081			4,591,468
Capital expenditures	87,115		56,682		30,141		491			174,429
2016
Net sales	$	2,271,933	$	797,074	$	543,907	$	—		$	3,612,914
Depreciation and amortization	72,810		38,146		31,993		109			143,058
Rationalization charges	12,056		568		6,437		—			19,061
Segment income from operations⁽¹⁾	214,696		99,806		5,231		(20,003		)	299,730
Segment assets	1,551,729		808,771		707,578		32,891			3,100,969
Capital expenditures	108,606		43,120		40,152		15			191,893
2015
Net sales	$	2,365,268	$	804,988	$	593,715	$	—		$	3,763,971
Depreciation and amortization	70,685		37,720		33,665		122			142,192
Rationalization charges	41		1,684		12,682		—			14,407
Segment income from operations	236,421		91,823		7,768		(16,200		)	319,812
Segment assets	1,542,120		834,114		735,182		33,209			3,144,625
Capital expenditures	146,972		41,796		48,510		24			237,302

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(1)	Corporate includes costs attributed to announced acquisitions of $24.7 million and $1.4 million in 2017 and 2016, respectively.

Total segment income from operations is reconciled to income before income taxes as follows:



	2017		2016		2015
	(Dollars in thousands)
Total segment income from operations	$	356,990	$	299,730	$	319,812
Interest and other debt expense	117,309		67,813		66,926
Income before income taxes	$	239,681	$	231,917	$	252,886

Total segment assets at December 31 are reconciled to total assets as follows:



	2017		2016
	(Dollars in thousands)
Total segment assets	$	4,591,468	$	3,100,969
Other assets	53,981		48,421
Total assets	$	4,645,449	$	3,149,390

Financial information relating to our operations by geographic area is as follows:



	2017		2016		2015
	(Dollars in thousands)
Net sales:
United States	$	3,110,595	$	2,905,157	$	3,014,068
Foreign:
Europe	747,043		551,071		576,688
Other	232,216		156,686		173,215
Total net sales from foreign operations	979,259		707,757		749,903
Total net sales	$	4,089,854	$	3,612,914	$	3,763,971
Long-lived assets:
United States	$	942,171	$	853,508
Foreign:
Europe	422,709		252,246
Other	124,992		51,198
Total long-lived assets at foreign operations	547,701		303,444
Total long-lived assets	$	1,489,872	$	1,156,952

Net sales are attributed to the country from which the product was manufactured and shipped.

Sales of our metal containers segment to Nestlé Food Company accounted for 10.2 percent, 11.5 percent and 11.1 percent of our consolidated net sales in 2017, 2016 and 2015, respectively.

Sales and income from operations of our metal container business and part of our closures business are dependent, in part, upon the vegetable and fruit harvests in the United States and, to a lesser extent, in a variety of national growing regions in Europe. The size and quality of these harvests varies from year to year, depending in large part upon the weather conditions in applicable regions. Because of the seasonality of the harvests, we have historically experienced higher unit sales volume in the third quarter of our fiscal year and generated a disproportionate amount of our annual income from operations during that quarter (see Note 17).