the company recently completed construction of a new plant in ponta grossa , brazil with the first line commencing commercial operations in the first quarter of 2011 and a second line commencing commercial operations in the second quarter of 2011. in addition , the company commenced commercial operations of a second line in its plant in estancia , brazil in the second quarter of 2011. at full capacity and efficiency , these additions are expected to add annual capacity of more than 2.5 billion cans . the company also plans to construct a new beverage can plant in belem , brazil which is expected to be completed during the fourth quarter of 2012. net sales in the americas beverage segment increased from $ 2,097 in 2010 to $ 2,273 in 2011 primarily due to $ 113 from the pass-through of higher raw material costs , primarily aluminum , $ 48 from increased sales unit volumes due to market growth in brazil which offset lower sales unit volumes in the u.s. and $ 15 from the impact of foreign currency translation . the increase in sales unit volumes is primarily due to the start of commercial operations at the company 's plant in ponta grossa , brazil in the first quarter of 2011 and the start of commercial operations on the second can line at the company 's plant in estancia , brazil in the second quarter of 2011. net sales in the americas beverage segment increased from $ 1,819 in 2009 to $ 2,097 in 2010 , primarily due to $ 206 from increased sales unit volumes and $ 39 from the impact of foreign currency translation . segment income in the americas beverage segment increased from $ 275 in 2010 to $ 302 in 2011 primarily due to $ 19 from increased sales unit volumes and favorable product mix and $ 7 from lower operating costs . segment income in the americas beverage segment increased from $ 207 in 2009 to $ 275 in 2010 , primarily due to increased sales unit volumes in the u.s. , canada and brazil . north america food the north america food segment manufactures steel and aluminum food cans and ends and metal vacuum closures and supplies a variety of customers in the u.s. and canada . net sales in the north america food segment decreased from $ 897 in 2010 to $ 889 in 2011 primarily due to $ 54 from lower sales unit volumes as decreased market demand in the u.s. for food cans offset higher sales unit volumes in metal vacuum closures . the decrease was partially offset by $ 39 from the pass-through of higher raw material costs , primarily tinplate , and $ 7 from the impact of foreign currency translation . net sales in the north america food segment decreased from $ 1,006 in 2009 to $ 897 in 2010 primarily due to the pass-through of lower steel costs and a $ 76 from lower sales unit volumes , partially offset by $ 11 from the impact of foreign currency translation . -32- crown holdings , inc. segment income in the north america food segment increased from $ 120 in 2010 to $ 146 in 2011 primarily due to $ 19 from lower operating costs including the benefits from prior plant closures in canada and lower postretirement benefits in the u.s. resulting from plan amendments in 2010 and 2011 and $ 5 from inventory holding gains from the sale of inventory on hand at the end of 2010. segment income in the north america food segment decreased from $ 140 in 2009 to $ 120 in 2010 , primarily due to inventory holding gains from 2009 that did not recur in 2010. europe beverage the company 's european beverage segment manufactures steel and aluminum beverage cans and ends and supplies a variety of customers throughout eastern and western europe , the middle east and north africa . in the second quarter of 2011 , the company commenced commercial operations of the second line at its plant in kechnec , slovakia . the second line is expected to add full annualized capacity of 750 million cans . in the third quarter of 2012 , the company expects to complete construction of a new plant in osmaniye , turkey which is expected to add full annualized capacity of 700 million cans . net sales in the european beverage segment increased from $ 1,524 in 2010 to $ 1,669 in 2011 primarily due to $ 58 from increased sales unit volumes primarily in slovakia , $ 56 from the pass-through of higher raw material costs and $ 31 from the impact of foreign currency translation . net sales in the european beverage segment decreased from $ 1,567 in 2009 to $ 1,524 in 2010 primarily due to the pass-through of lower raw material costs and $ 29 from the impact of foreign currency translation , partially offset by $ 101 from increased sales unit volumes . segment income in the european beverage segment decreased from $ 244 in 2010 to $ 210 in 2011 primarily due to increased costs , including lower productivity , which were not fully offset by increases in selling prices and increased volume activity . segment income in the european beverage segment decreased from $ 262 in 2009 to $ 244 in 2010 primarily due to pricing adjustments including inventory holding gains from 2009 that did not recur in 2010 and $ 4 from the impact of foreign currency translation , partially offset by an increase in sales unit volumes . european food the european food segment manufactures steel and aluminum food cans and ends , and metal vacuum closures and supplies a variety of customers throughout europe and africa . story_separator_special_tag the company 's total net leverage ratio of 2.78 to 1.0 at december 31 , 2011 was in compliance with the covenant requiring a ratio no greater than 4.0 to 1.0. the ratios are calculated at the end of each quarter using debt and cash balances as of the end of the quarter and adjusted ebitda and interest expense for the most recent twelve months . failure to meet the financial covenants could result in the acceleration of any outstanding amounts due under the revolving credit facilities , term loan agreements and senior notes due 2017 , 2018 and 2021. in addition , the interest rate on the revolving credit facilities can vary from euribor or libor plus a margin of 1.75 % up to 2.25 % based on the total net leverage ratio . the margin is 1.75 % at a ratio of less than 2.0 to 1.0 , 2.25 % at a ratio of 2.5 to 1.0 or higher , and 2.0 % in between . the term loans bear interest of libor or euribor plus 1.75 % . the company 's current sources of liquidity and borrowings expire or mature as follows : its $ 200 north american securitization facility in march 2013 ; its $ 1,200 revolving credit facilities in june 2015 ; its $ 400 7.625 % senior notes in may 2017 ; its 500 ( $ 647 ) 7.125 % senior notes in august 2018 ; its $ 700 6.25 % senior notes in february 2021 ; its $ 350 7.375 % senior notes in december 2026 ; its $ 64 7.5 % senior notes in december 2096 ; and $ 230 of other indebtedness in various currencies at various dates through 2019. in addition the company 's term loan facilities mature as follows : $ 45 in june 2013 , $ 91 in june 2014 , $ 136 in june 2015 and $ 633 in june 2016. debt activity in january 2011 , the company sold $ 700 principal amount of 6.25 % senior notes due 2021. the company used a portion of the proceeds to retire all of its $ 600 outstanding 7.75 % senior notes due 2015 . -39- crown holdings , inc. in june 2011 , the company amended its existing senior secured credit facilities to add a $ 200 term loan facility and a 274 ( $ 355 at december 31 , 2011 ) term loan facility , each of which will mature in june 2016 and bear interest at libor or euribor plus 1.75 % . the company used borrowings under the new term loan facilities to repay its existing term loans , which were scheduled to mature on november 15 , 2012 , and to redeem all of the company 's outstanding 6.25 % first priority senior secured notes due 2011. in november 2011 , the company amended its existing senior secured credit facilities to add an additional $ 350 term loan facility which expires in june 2016 and bears interest at libor plus 1.75 % . the company used borrowings under the new term loan to pre-fund its pension obligations in the u.s. and canada . see note q to the consolidated financial statements for further information relating to the company 's debt . contractual obligations contractual obligations as of december 31 , 2011 are summarized in the table below . replace_table_token_5_th all amounts due in foreign currencies are translated at exchange rates as of december 31 , 2011. interest on long-term debt is presented through 2017 only , represents the interest that will accrue by year , and is calculated based on interest rates in effect as of december 31 , 2011. interest on the company 's revolving credit facility is calculated based on $ 119 of outstanding balances as of december 31 , 2011. the projected pension contributions caption includes the contributions the company expects to make in 2012 to 2016 to fund its plans . the postretirement obligations caption includes the expected payments through 2021 to retirees for medical and life insurance coverage . the pension and postretirement projections require the use of numerous estimates and assumptions such as discount rates , rates of return on plan assets , compensation increases , health care cost increases , mortality and employee turnover . therefore , these amounts have been provided for five years only in the case of pensions and through 2021 in the case of postretirement costs . purchase obligations include commitments for raw materials and utilities at december 31 , 2011. these commitments specify significant terms , including fixed or minimum quantities to be purchased ; fixed , minimum or variable pricing provisions ; and the approximate timing of transactions . the obligations above exclude $ 37 of unrecognized tax benefits for which the company has recorded liabilities . these amounts have been excluded because the company is unable to estimate when these amounts may be paid , if at all . see note w to the consolidated financial statements for additional information on the company 's unrecognized tax benefits . in order to further reduce leverage and future cash interest payments , the company may from time to time repurchase outstanding notes and debentures with cash , exchange shares of its common stock for the company 's outstanding notes and debentures , or seek to refinance its existing credit facilities and other indebtedness . the company will evaluate any such transactions in light of then existing market conditions and may determine not to pursue such transactions . -40- crown holdings , inc. market risk in the normal course of business the company is subject to risk from adverse fluctuations in foreign exchange and interest rates and commodity prices . the company manages these risks through a program that includes the use of derivative financial instruments , primarily swaps and forwards . counterparties to these contracts are major financial institutions . these instruments are not used for trading or speculative purposes .

loss from early extinguishments of debt during 2011 , the company recorded a charge of $ 32 in connection with the repayment of its $ 600 outstanding 7.75 % senior secured notes due 2015 and its 83 ( $ 121 ) 6.25 % first priority senior secured notes due 2011. during 2010 , the company recorded a charge of $ 16 in connection with the repayment of 76 ( $ 101 ) of its 6.25 % first priority senior secured notes due 2011 and its $ 200 outstanding 7.625 % senior notes due 2013. during 2009 , the company recorded a charge of $ 26 in connection with the repayment of 300 ( $ 442 ) of its 6.25 % first priority senior secured notes due 2011 , its outstanding 8.0 % debentures due 2023 , $ 300 of its 7.625 % senior notes due 2013 and $ 86 of its 7.50 % debentures due 2096. interest expense interest expense increased from $ 203 in 2010 to $ 232 in 2011 primarily due to $ 23 from higher average debt outstanding and $ 4 from the impact of foreign currency translation . interest expense decreased from $ 247 in 2009 to $ 203 in 2010 primarily due to $ 41 from lower average debt outstanding . translation and foreign exchange adjustments during 2011 , 2010 and 2009 , the company recorded foreign exchange ( losses ) /gains of $ ( 2 ) , $ 4 and $ 6 , respectively , primarily for certain subsidiaries that had unhedged currency exposure arising from intercompany debt obligations and for other subsidiaries whose functional currency is not their local currency .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```loss from early extinguishments of debt during 2011 , the company recorded a charge of $ 32 in connection with the repayment of its $ 600 outstanding 7.75 % senior secured notes due 2015 and its 83 ( $ 121 ) 6.25 % first priority senior secured notes due 2011. during 2010 , the company recorded a charge of $ 16 in connection with the repayment of 76 ( $ 101 ) of its 6.25 % first priority senior secured notes due 2011 and its $ 200 outstanding 7.625 % senior notes due 2013. during 2009 , the company recorded a charge of $ 26 in connection with the repayment of 300 ( $ 442 ) of its 6.25 % first priority senior secured notes due 2011 , its outstanding 8.0 % debentures due 2023 , $ 300 of its 7.625 % senior notes due 2013 and $ 86 of its 7.50 % debentures due 2096. interest expense interest expense increased from $ 203 in 2010 to $ 232 in 2011 primarily due to $ 23 from higher average debt outstanding and $ 4 from the impact of foreign currency translation . interest expense decreased from $ 247 in 2009 to $ 203 in 2010 primarily due to $ 41 from lower average debt outstanding . translation and foreign exchange adjustments during 2011 , 2010 and 2009 , the company recorded foreign exchange ( losses ) /gains of $ ( 2 ) , $ 4 and $ 6 , respectively , primarily for certain subsidiaries that had unhedged currency exposure arising from intercompany debt obligations and for other subsidiaries whose functional currency is not their local currency .
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 Suspicious Activity Report : the company recently completed construction of a new plant in ponta grossa , brazil with the first line commencing commercial operations in the first quarter of 2011 and a second line commencing commercial operations in the second quarter of 2011. in addition , the company commenced commercial operations of a second line in its plant in estancia , brazil in the second quarter of 2011. at full capacity and efficiency , these additions are expected to add annual capacity of more than 2.5 billion cans . the company also plans to construct a new beverage can plant in belem , brazil which is expected to be completed during the fourth quarter of 2012. net sales in the americas beverage segment increased from $ 2,097 in 2010 to $ 2,273 in 2011 primarily due to $ 113 from the pass-through of higher raw material costs , primarily aluminum , $ 48 from increased sales unit volumes due to market growth in brazil which offset lower sales unit volumes in the u.s. and $ 15 from the impact of foreign currency translation . the increase in sales unit volumes is primarily due to the start of commercial operations at the company 's plant in ponta grossa , brazil in the first quarter of 2011 and the start of commercial operations on the second can line at the company 's plant in estancia , brazil in the second quarter of 2011. net sales in the americas beverage segment increased from $ 1,819 in 2009 to $ 2,097 in 2010 , primarily due to $ 206 from increased sales unit volumes and $ 39 from the impact of foreign currency translation . segment income in the americas beverage segment increased from $ 275 in 2010 to $ 302 in 2011 primarily due to $ 19 from increased sales unit volumes and favorable product mix and $ 7 from lower operating costs . segment income in the americas beverage segment increased from $ 207 in 2009 to $ 275 in 2010 , primarily due to increased sales unit volumes in the u.s. , canada and brazil . north america food the north america food segment manufactures steel and aluminum food cans and ends and metal vacuum closures and supplies a variety of customers in the u.s. and canada . net sales in the north america food segment decreased from $ 897 in 2010 to $ 889 in 2011 primarily due to $ 54 from lower sales unit volumes as decreased market demand in the u.s. for food cans offset higher sales unit volumes in metal vacuum closures . the decrease was partially offset by $ 39 from the pass-through of higher raw material costs , primarily tinplate , and $ 7 from the impact of foreign currency translation . net sales in the north america food segment decreased from $ 1,006 in 2009 to $ 897 in 2010 primarily due to the pass-through of lower steel costs and a $ 76 from lower sales unit volumes , partially offset by $ 11 from the impact of foreign currency translation . -32- crown holdings , inc. segment income in the north america food segment increased from $ 120 in 2010 to $ 146 in 2011 primarily due to $ 19 from lower operating costs including the benefits from prior plant closures in canada and lower postretirement benefits in the u.s. resulting from plan amendments in 2010 and 2011 and $ 5 from inventory holding gains from the sale of inventory on hand at the end of 2010. segment income in the north america food segment decreased from $ 140 in 2009 to $ 120 in 2010 , primarily due to inventory holding gains from 2009 that did not recur in 2010. europe beverage the company 's european beverage segment manufactures steel and aluminum beverage cans and ends and supplies a variety of customers throughout eastern and western europe , the middle east and north africa . in the second quarter of 2011 , the company commenced commercial operations of the second line at its plant in kechnec , slovakia . the second line is expected to add full annualized capacity of 750 million cans . in the third quarter of 2012 , the company expects to complete construction of a new plant in osmaniye , turkey which is expected to add full annualized capacity of 700 million cans . net sales in the european beverage segment increased from $ 1,524 in 2010 to $ 1,669 in 2011 primarily due to $ 58 from increased sales unit volumes primarily in slovakia , $ 56 from the pass-through of higher raw material costs and $ 31 from the impact of foreign currency translation . net sales in the european beverage segment decreased from $ 1,567 in 2009 to $ 1,524 in 2010 primarily due to the pass-through of lower raw material costs and $ 29 from the impact of foreign currency translation , partially offset by $ 101 from increased sales unit volumes . segment income in the european beverage segment decreased from $ 244 in 2010 to $ 210 in 2011 primarily due to increased costs , including lower productivity , which were not fully offset by increases in selling prices and increased volume activity . segment income in the european beverage segment decreased from $ 262 in 2009 to $ 244 in 2010 primarily due to pricing adjustments including inventory holding gains from 2009 that did not recur in 2010 and $ 4 from the impact of foreign currency translation , partially offset by an increase in sales unit volumes . european food the european food segment manufactures steel and aluminum food cans and ends , and metal vacuum closures and supplies a variety of customers throughout europe and africa . story_separator_special_tag the company 's total net leverage ratio of 2.78 to 1.0 at december 31 , 2011 was in compliance with the covenant requiring a ratio no greater than 4.0 to 1.0. the ratios are calculated at the end of each quarter using debt and cash balances as of the end of the quarter and adjusted ebitda and interest expense for the most recent twelve months . failure to meet the financial covenants could result in the acceleration of any outstanding amounts due under the revolving credit facilities , term loan agreements and senior notes due 2017 , 2018 and 2021. in addition , the interest rate on the revolving credit facilities can vary from euribor or libor plus a margin of 1.75 % up to 2.25 % based on the total net leverage ratio . the margin is 1.75 % at a ratio of less than 2.0 to 1.0 , 2.25 % at a ratio of 2.5 to 1.0 or higher , and 2.0 % in between . the term loans bear interest of libor or euribor plus 1.75 % . the company 's current sources of liquidity and borrowings expire or mature as follows : its $ 200 north american securitization facility in march 2013 ; its $ 1,200 revolving credit facilities in june 2015 ; its $ 400 7.625 % senior notes in may 2017 ; its 500 ( $ 647 ) 7.125 % senior notes in august 2018 ; its $ 700 6.25 % senior notes in february 2021 ; its $ 350 7.375 % senior notes in december 2026 ; its $ 64 7.5 % senior notes in december 2096 ; and $ 230 of other indebtedness in various currencies at various dates through 2019. in addition the company 's term loan facilities mature as follows : $ 45 in june 2013 , $ 91 in june 2014 , $ 136 in june 2015 and $ 633 in june 2016. debt activity in january 2011 , the company sold $ 700 principal amount of 6.25 % senior notes due 2021. the company used a portion of the proceeds to retire all of its $ 600 outstanding 7.75 % senior notes due 2015 . -39- crown holdings , inc. in june 2011 , the company amended its existing senior secured credit facilities to add a $ 200 term loan facility and a 274 ( $ 355 at december 31 , 2011 ) term loan facility , each of which will mature in june 2016 and bear interest at libor or euribor plus 1.75 % . the company used borrowings under the new term loan facilities to repay its existing term loans , which were scheduled to mature on november 15 , 2012 , and to redeem all of the company 's outstanding 6.25 % first priority senior secured notes due 2011. in november 2011 , the company amended its existing senior secured credit facilities to add an additional $ 350 term loan facility which expires in june 2016 and bears interest at libor plus 1.75 % . the company used borrowings under the new term loan to pre-fund its pension obligations in the u.s. and canada . see note q to the consolidated financial statements for further information relating to the company 's debt . contractual obligations contractual obligations as of december 31 , 2011 are summarized in the table below . replace_table_token_5_th all amounts due in foreign currencies are translated at exchange rates as of december 31 , 2011. interest on long-term debt is presented through 2017 only , represents the interest that will accrue by year , and is calculated based on interest rates in effect as of december 31 , 2011. interest on the company 's revolving credit facility is calculated based on $ 119 of outstanding balances as of december 31 , 2011. the projected pension contributions caption includes the contributions the company expects to make in 2012 to 2016 to fund its plans . the postretirement obligations caption includes the expected payments through 2021 to retirees for medical and life insurance coverage . the pension and postretirement projections require the use of numerous estimates and assumptions such as discount rates , rates of return on plan assets , compensation increases , health care cost increases , mortality and employee turnover . therefore , these amounts have been provided for five years only in the case of pensions and through 2021 in the case of postretirement costs . purchase obligations include commitments for raw materials and utilities at december 31 , 2011. these commitments specify significant terms , including fixed or minimum quantities to be purchased ; fixed , minimum or variable pricing provisions ; and the approximate timing of transactions . the obligations above exclude $ 37 of unrecognized tax benefits for which the company has recorded liabilities . these amounts have been excluded because the company is unable to estimate when these amounts may be paid , if at all . see note w to the consolidated financial statements for additional information on the company 's unrecognized tax benefits . in order to further reduce leverage and future cash interest payments , the company may from time to time repurchase outstanding notes and debentures with cash , exchange shares of its common stock for the company 's outstanding notes and debentures , or seek to refinance its existing credit facilities and other indebtedness . the company will evaluate any such transactions in light of then existing market conditions and may determine not to pursue such transactions . -40- crown holdings , inc. market risk in the normal course of business the company is subject to risk from adverse fluctuations in foreign exchange and interest rates and commodity prices . the company manages these risks through a program that includes the use of derivative financial instruments , primarily swaps and forwards . counterparties to these contracts are major financial institutions . these instruments are not used for trading or speculative purposes .

