Other Expenses

  
(6)Pension settlements in fiscal year 2022 relate to the purchases of group annuity contracts and transfer of pension plan assets and related benefit obligations. Refer to Note 13, "Pension and Other Post-Retirement Plans," for more information. For fiscal year 2020, impact of pension settlements includes the amount of actuarial losses recognized in the consolidated income statements related to the settlement of certain defined benefit plans, not including related tax effects. (7)Net gain/(loss) on disposals includes an expense of $10 million from the disposal of non-core assets for fiscal year 2022. Refer to Note 11, "Fair Value Measurements," for more information. Fiscal year 2021 includes the gain realized upon the disposal of AMVIG and the loss upon disposal of other non-core businesses not part of material restructuring programs. Refer to Note 8, "Equity Method and Other Investments," for further information on the disposal of AMVIG and Note 5, "Divestitures," for more information about the Company's other disposals.(8)Property and other losses, net includes property and related business losses primarily associated with the destruction of the Company's Durban, South Africa, facility during general civil unrest in July 2021, net of insurance recovery.(9)Russia-Ukraine conflict impacts include $138 million of impairment charges, $57 million of restructuring and related expenses, and $5 million of other expenses for fiscal year 2022. Refer to Note 4,"Restructuring, Impairment, and Related Expenses, Net, " and Note 7, "Restructuring," for further information.  
    The tables below present additional financial information by reportable segments:

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Years ended June 30,  |
| ($ in millions) |  | 2022 |  | 2021 |  | 2020 |
| Flexibles |  | $ | 376  |  |  | $ | 336  |  |  | $ | 271  |  |
| Rigid Packaging |  | 136  |  |  | 127  |  |  | 125  |  |
| Other |  | 15  |  |  | 5  |  |  | 4  |  |
| Total capital expenditures for the acquisition of long-lived assets |  | $ | 527  |  |  | $ | 468  |  |  | $ | 400  |  |



|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Years ended June 30,  |
| ($ in millions) |  | 2022 |  | 2021 |  | 2020 |
| Flexibles |  | $ | 450  |  |  | $ | 447  |  |  | $ | 478  |  |
| Rigid Packaging |  | 120  |  |  | 115  |  |  | 111  |  |
| Other |  | 9  |  |  | 10  |  |  | 18  |  |
| Total depreciation and amortization |  | $ | 579  |  |  | $ | 572  |  |  | $ | 607  |  |

  
    Total assets by segment is not disclosed as the Company does not use total assets by segment to evaluate segment performance or allocate resources and capital.  
    The Company did not have sales to a single customer that exceeded 10% of consolidated net sales for the fiscal years ended June 30, 2022, 2021 and 2020, respectively.   
    Sales by major product were:

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  | Years ended June 30,  |
| ($ in millions) |  | Segment |  | 2022 |  | 2021 |  | 2020 |
| Films and other flexible products |  | Flexibles |  | $ | 10,033  |  |  | $ | 8,934  |  |  | $ | 8,637  |  |
| Specialty flexible folding cartons |  | Flexibles |  | 1,118  |  |  | 1,104  |  |  | 1,115  |  |
| Containers, preforms, and closures |  | Rigid Packaging |  | 3,393  |  |  | 2,823  |  |  | 2,716  |  |
| Net sales |  |  |  | $ | 14,544  |  |  | $ | 12,861  |  |  | $ | 12,468  |  |

  
    The following table provides long-lived asset information for the major countries in which the Company operates. Long-lived assets include property, plant, and equipment, net of accumulated depreciation and impairments.

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | June 30,  |
| ($ in millions) |  | 2022 |  | 2021 |
|  |  |  |  |  |
| United States of America |  | $ | 1,720  |  |  | $ | 1,673  |  |
| Other countries (1) |  | 1,926  |  |  | 2,088  |  |
| Long-lived assets |  | $ | 3,646  |  |  | $ | 3,761  |  |

(1)Includes the Company's country of domicile, Jersey. The Company had no long-lived assets in Jersey in any period shown. No individual country represented more than 10% of the respective totals.  
99
