Business Consolidation and Other Activities |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Business Consolidation and Other Activities | |
| Business Consolidation and Other Activities | 6. Business Consolidation and Other Activities 2026 During the three months ended March 31, 2026, the company recorded net charges of $11 million, primarily composed of costs for previously announced facility closures. 2025 During the three months ended March 31, 2025, the company recorded net charges of $13 million, primarily composed of the loss related to the aluminum cups business transaction and costs for previously announced facility closures. 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. See Note 4 for further details on the aluminum cups transaction. |