XML 44 R59.htm IDEA: XBRL DOCUMENT v2.4.0.8
Subsidiary Guarantees of Debt (Details 2) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Mar. 31, 2013
Dec. 31, 2012
Current assets        
Cash and cash equivalents $ 175.4 $ 416.0 $ 208.0 $ 174.1
Receivables, net 981.1 859.4    
Inventories, net 1,081.6 1,028.3    
Deferred taxes and other current assets 166.2 162.0    
Total current assets 2,404.3 2,465.7    
Non-current assets        
Property, plant and equipment, net 2,360.2 2,372.3    
Goodwill 2,398.8 2,404.3    
Intangibles and other assets, net 581.2 577.5    
Total assets 7,744.5 7,819.8    
Current liabilities        
Short-term debt and current portion of long-term debt 412.9 422.6    
Accounts payable 969.9 998.8    
Accrued employee costs 199.6 241.3    
Other current liabilities 238.9 264.7    
Total current liabilities 1,821.3 1,927.4    
Non-current liabilities        
Long-term debt 3,357.7 3,182.5    
Employee benefit obligations 991.1 1,033.0    
Deferred taxes and other liabilities 292.3 285.6    
Total liabilities 6,462.4 6,428.5    
Common stock 1,093.3 1,078.4    
Retained earnings 3,989.2 3,913.8    
Accumulated other comprehensive earnings (loss) (256.5) (240.7)    
Treasury stock, at cost (3,746.4) (3,551.6)    
Total Ball Corporation shareholders' equity 1,079.6 1,199.9    
Noncontrolling interests 202.5 191.4    
Total shareholders' equity 1,282.1 1,391.3    
Total liabilities and shareholders' equity 7,744.5 7,819.8    
Ball Corporation
       
Current assets        
Cash and cash equivalents 0.6 218.6 2.8 0.2
Receivables, net 3.1 2.9    
Intercompany receivables 164.8 178.9    
Deferred taxes and other current assets 3.7 (1.2)    
Total current assets 172.2 399.2    
Non-current assets        
Property, plant and equipment, net 15.3 14.9    
Investment in subsidiaries 4,547.9 4,425.4    
Intangibles and other assets, net 207.4 206.9    
Total assets 4,942.8 5,046.4    
Current liabilities        
Short-term debt and current portion of long-term debt 60.0 310.8    
Accounts payable 5.7 6.9    
Intercompany payables 96.8 95.1    
Accrued employee costs 11.2 22.5    
Other current liabilities 9.2 10.0    
Total current liabilities 182.9 445.3    
Non-current liabilities        
Long-term debt 3,025.0 2,750.0    
Employee benefit obligations 278.5 284.4    
Deferred taxes and other liabilities 376.8 366.8    
Total liabilities 3,863.2 3,846.5    
Common stock 1,093.3 1,078.4    
Retained earnings 3,989.2 3,913.8    
Accumulated other comprehensive earnings (loss) (256.5) (240.7)    
Treasury stock, at cost (3,746.4) (3,551.6)    
Total Ball Corporation shareholders' equity 1,079.6 1,199.9    
Total shareholders' equity 1,079.6 1,199.9    
Total liabilities and shareholders' equity 4,942.8 5,046.4    
Guarantor Subsidiaries
       
Current assets        
Cash and cash equivalents 0.4 0.3 0.3 0.3
Receivables, net 212.4 133.9    
Intercompany receivables 100.0 99.1    
Inventories, net 620.6 601.7    
Deferred taxes and other current assets 109.0 109.8    
Total current assets 1,042.4 944.8    
Non-current assets        
Property, plant and equipment, net 874.8 877.5    
Investment in subsidiaries 2,181.2 2,122.0    
Goodwill 935.6 935.6    
Intangibles and other assets, net 111.6 100.9    
Total assets 5,145.6 4,980.8    
Current liabilities        
Short-term debt and current portion of long-term debt 30.3 30.1    
Accounts payable 490.8 525.3    
Intercompany payables 2.2 0.4    
Accrued employee costs 111.6 133.7    
Other current liabilities 117.4 138.5    
Total current liabilities 752.3 828.0    
Non-current liabilities        
Long-term debt 0.3 0.5    
Employee benefit obligations 278.8 310.9    
Deferred taxes and other liabilities (521.2) (674.8)    
Total liabilities 510.2 464.6    
Common stock 847.1 847.1    
Retained earnings 4,000.1 3,864.6    
Accumulated other comprehensive earnings (loss) (211.8) (195.5)    
Total Ball Corporation shareholders' equity 4,635.4 4,516.2    
Total shareholders' equity 4,635.4 4,516.2    
Total liabilities and shareholders' equity 5,145.6 4,980.8    
Non-Guarantor Subsidiaries
       
Current assets        
Cash and cash equivalents 174.4 197.1 204.9 173.6
Receivables, net 765.6 722.6    
Intercompany receivables 3.0 1.0    
Inventories, net 461.0 426.6    
Deferred taxes and other current assets 53.5 53.4    
Total current assets 1,457.5 1,400.7    
Non-current assets        
Property, plant and equipment, net 1,470.1 1,479.9    
Investment in subsidiaries 78.7 78.7    
Goodwill 1,463.2 1,468.7    
Intangibles and other assets, net 262.2 269.7    
Total assets 4,731.7 4,697.7    
Current liabilities        
Short-term debt and current portion of long-term debt 322.6 81.7    
Accounts payable 473.4 466.6    
Intercompany payables 168.8 183.5    
Accrued employee costs 76.8 85.1    
Other current liabilities 112.3 116.2    
Total current liabilities 1,153.9 933.1    
Non-current liabilities        
Long-term debt 332.4 432.0    
Employee benefit obligations 433.8 437.7    
Deferred taxes and other liabilities 436.7 593.6    
Total liabilities 2,356.8 2,396.4    
Common stock 531.1 531.1    
Preferred stock 4.8 4.8    
Retained earnings 1,633.7 1,553.2    
Accumulated other comprehensive earnings (loss) 2.8 20.8    
Total Ball Corporation shareholders' equity 2,172.4 2,109.9    
Noncontrolling interests 202.5 191.4    
Total shareholders' equity 2,374.9 2,301.3    
Total liabilities and shareholders' equity 4,731.7 4,697.7    
Eliminating Adjustments
       
Current assets        
Intercompany receivables (267.8) (279.0)    
Total current assets (267.8) (279.0)    
Non-current assets        
Investment in subsidiaries (6,807.8) (6,626.1)    
Total assets (7,075.6) (6,905.1)    
Current liabilities        
Intercompany payables (267.8) (279.0)    
Total current liabilities (267.8) (279.0)    
Non-current liabilities        
Total liabilities (267.8) (279.0)    
Common stock (1,378.2) (1,378.2)    
Preferred stock (4.8) (4.8)    
Retained earnings (5,633.8) (5,417.8)    
Accumulated other comprehensive earnings (loss) 209.0 174.7    
Total Ball Corporation shareholders' equity (6,807.8) (6,626.1)    
Total shareholders' equity (6,807.8) (6,626.1)    
Total liabilities and shareholders' equity $ (7,075.6) $ (6,905.1)