Employee Benefit Obligations (Tables)

6 Months Ended

Jun. 30, 2015

Employee Benefit Obligations

Schedule of employee benefit obligations

	June 30,			December 31,
($ in millions)	2015			2014
Underfunded defined benefit pension liabilities, net	$	706.3		$	724.1
Less current portion and prepaid pension assets	(17.4		)	(19.4		)
Long-term defined benefit pension liabilities	688.9			704.7
Retiree medical and other postemployment benefits	170.3			169.0
Deferred compensation plans	277.6			272.2
Other	29.7			32.4
	$	1,166.5		$	1,178.3

Defined Benefit Pension Plans

Employee Benefit Obligations

Components of net periodic benefit cost

	Three Months Ended June 30,
	2015									2014
($ in millions)	U.S.			Foreign			Total			U.S.			Foreign			Total
Ball-sponsored plans:
Service cost	$	13.0		$	3.8		$	16.8		$	11.4		$	3.6		$	15.0
Interest cost	14.2			4.5			18.7			15.6			6.6			22.2
Expected return on plan assets	(19.8		)	(4.9		)	(24.7		)	(20.5		)	(3.7		)	(24.2		)
Amortization of prior service cost	(0.2		)	(0.1		)	(0.3		)	—			(0.1		)	(0.1		)
Recognized net actuarial loss	9.8			2.2			12.0			7.2			1.4			8.6
Net periodic benefit cost for Ball-sponsored plans	17.0			5.5			22.5			13.7			7.8			21.5
Net periodic benefit cost for multiemployer plans	0.5			—			0.5			0.6			—			0.6
Total net periodic benefit cost	$	17.5		$	5.5		$	23.0		$	14.3		$	7.8		$	22.1

	Six Months Ended June 30,
	2015									2014
($ in millions)	U.S.			Foreign			Total			U.S.			Foreign			Total
Ball-sponsored plans:
Service cost	$	26.0		$	7.5		$	33.5		$	22.8		$	7.1		$	29.9
Interest cost	28.5			9.2			37.7			31.2			13.1			44.3
Expected return on plan assets	(39.6		)	(9.9		)	(49.5		)	(41.0		)	(7.2		)	(48.2		)
Amortization of prior service cost	(0.5		)	(0.2		)	(0.7		)	—			(0.2		)	(0.2		)
Recognized net actuarial loss	19.6			4.7			24.3			14.4			2.7			17.1
Net periodic benefit cost for Ball-sponsored plans	34.0			11.3			45.3			27.4			15.5			42.9
Net periodic benefit cost for multiemployer plans	1.0			—			1.0			1.3			—			1.3
Total net periodic benefit cost	$	35.0		$	11.3		$	46.3		$	28.7		$	15.5		$	44.2