Employee Benefit Obligations (Tables)

3 Months Ended

Mar. 31, 2013

Employee Benefit Obligations

Schedule of employee benefit obligations

	March 31,			December 31,
($ in millions)	2013			2012
Underfunded defined benefit pension liabilities, net	$	738.0		$	820.2
Less current portion and prepaid pension assets	(22.6		)	(25.0		)
Long-term defined benefit pension liabilities	715.4			795.2
Retiree medical and other postemployment benefits	177.4			177.0
Deferred compensation plans	233.9			237.8
Other	22.2			28.1
	$	1,148.9		$	1,238.1

Components of net periodic benefit cost

	Three Months Ended
	March 31, 2013									April 1, 2012
($ in millions)	U.S.			Foreign			Total			U.S.			Foreign			Total
Ball-sponsored plans:
Service cost	$	12.3		$	2.5		$	14.8		$	11.7		$	2.0		$	13.7
Interest cost	13.8			5.9			19.7			14.1			7.3			21.4
Expected return on plan assets	(19.3		)	(3.4		)	(22.7		)	(18.5		)	(4.3		)	(22.8		)
Amortization of prior service cost	—			(0.1		)	(0.1		)	0.2			(0.1		)	0.1
Recognized net actuarial loss	10.6			1.3			11.9			8.5			1.8			10.3
Curtailment loss (a)	4.6			—			4.6			—			—			—
Net periodic benefit cost for Ball-sponsored plans	22.0			6.2			28.2			16.0			6.7			22.7
Multiemployer plans:
Net periodic benefit cost, excluding curtailment loss	0.7			—			0.7			0.7			—			0.7
Curtailment loss (a)	3.9			—			3.9			—			—			—
Net periodic benefit cost for multi-employer plans	4.6			—			4.6			0.7			—			0.7
Total net periodic benefit cost	$	26.6		$	6.2		$	32.8		$	16.7		$	6.7		$	23.4

(a) Curtailments losses are related to the closure of the company’s Elgin, Illinois, plant. Further details are available in Note 5.