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Shareholders' Equity and Comprehensive Earnings (Tables)
9 Months Ended
Oct. 02, 2011
Shareholders' Equity and Comprehensive Earnings 
Schedule of accumulated other comprehensive earnings (loss)

 

 

($ in millions)

 

Foreign
Currency
Translation

 

Pension and
Other
Postretirement
Items 
(Net of Tax)

 

Effective
Derivatives
(Net of Tax)

 

Gain on
Available for
Sale Securities
(Net of Tax)

 

Accumulated
Other
Comprehensive
Earnings (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2010

 

$

123.1

 

$

(287.8

)

$

72.4

 

$

10.2

 

$

(82.1

)

Change

 

(3.6

)

13.7

 

(82.7

)

(10.2

)

(82.8

)

October 2, 2011

 

$

119.5

 

$

(274.1

)

$

(10.3

)

$

 

$

(164.9

)

Schedule of comprehensive earnings

 

 

 

 

Three months ended

 

Nine months ended

 

 

 

October 2,

 

September 26,

 

October 2,

 

September 26,

 

($ in millions)

 

2011

 

2010

 

2011

 

2010

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Ball Corporation

 

$

132.1

 

$

227.5

 

$

366.5

 

$

375.8

 

Foreign currency translation adjustment

 

(107.3

)

89.8

 

(3.6

)

(48.6

)

Pension and other postretirement items, net of tax

 

4.2

 

(14.0

)

13.7

 

(7.2

)

Effect of derivative instruments, net of tax (a)

 

(55.8

)

27.1

 

(82.7

)

28.4

 

Gain on available for sale securities, net of tax

 

 

1.6

 

(10.2

)

3.0

 

Comprehensive earnings attributable to Ball Corporation

 

$

(26.8

)

$

332.0

 

$

283.7

 

$

351.4

 

Schedule of changes in accumulated other comprehensive earnings (loss) for effective derivatives

 

 

 

 

Three months ended

 

Nine months ended

 

 

 

October 2,

 

September 26,

 

October 2,

 

September 26,

 

($ in millions)

 

2011

 

2010

 

2011

 

2010

 

 

 

 

 

 

 

 

 

 

 

Amounts reclassified into earnings (Note 17):

 

 

 

 

 

 

 

 

 

Commodity contracts

 

$

(18.7

)

$

(2.0

)

$

(52.7

)

$

10.5

 

Interest rate and foreign currency contracts

 

(0.6

)

2.3

 

(1.6

)

5.6

 

Change in fair value of cash flow hedges:

 

 

 

 

 

 

 

 

 

Commodity contracts

 

(54.4

)

32.8

 

(75.9

)

33.0

 

Interest rate and foreign currency contracts

 

(9.2

)

2.9

 

(0.6

)

(4.1

)

Foreign currency and tax impacts

 

27.1

 

(8.9

)

48.1

 

(16.6

)

 

 

$

(55.8

)

$

27.1

 

$

(82.7

)

$

28.4