XML 99 R77.htm IDEA: XBRL DOCUMENT v3.3.1.900
Shareholders' Equity (Details 3) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Nov. 30, 2015
Amounts Reclassified from AOCI                        
Net sales $ 1,804.6 $ 2,097.0 $ 2,172.3 $ 1,923.1 $ 2,032.4 $ 2,238.9 $ 2,291.9 $ 2,006.8 $ 7,997.0 $ 8,570.0 $ 8,468.1  
Cost of sales                 (7,391.8) (7,731.4) (7,672.7)  
Selling, general and administrative expense                 451.3 466.5 418.6  
Interest rate contracts recorded in interest expense                 (259.7) (193.0) (211.8)  
Earnings before taxes 62.6 $ 17.6 $ 237.8 $ 27.5 $ 98.3 $ 187.9 $ 215.3 $ 144.1 345.5 645.6 583.6  
Tax benefit (provision) on amounts reclassified into earnings                 (47.0) (149.9) (149.6)  
Net earnings                 302.9 498.0 435.0  
Noncontrolling Interest                        
Noncontrolling interest for consideration of common stock                 (17.4)      
Joint Venture At Brazil                        
Noncontrolling Interest                        
Treasury stock exchanged (in shares)                       5.7
Noncontrolling interest for consideration of common stock 403.0                      
Cash consideration for remaining interest 17.4                      
Noncontrolling interest carrying value and fair value paid 220.2               220.2      
Time of acquisition 200.2               200.2      
Total consideration $ 420.4                      
Ball Corporation                        
Amounts Reclassified from AOCI                        
Cost of sales                 414.2 630.0 571.5  
Selling, general and administrative expense                 80.2 77.4 81.4  
Interest rate contracts recorded in interest expense                 (253.8) (183.1) (199.9)  
Earnings before taxes                 160.4 446.9 371.6  
Tax benefit (provision) on amounts reclassified into earnings                 120.5 23.1 35.2  
Net earnings                 280.9 470.0 406.8  
Effective Derivatives (Net of Tax). | Amount Reclassified from Accumulated Other Comprehensive Earnings (Loss)                        
Amounts Reclassified from AOCI                        
Earnings before taxes                 (16.7) (33.4) (28.5)  
Tax benefit (provision) on amounts reclassified into earnings                 6.2 2.7 7.1  
Net earnings                 (10.5) (30.7) (21.4)  
Effective Derivatives (Net of Tax). | Amount Reclassified from Accumulated Other Comprehensive Earnings (Loss) | Commodity contracts                        
Amounts Reclassified from AOCI                        
Net sales                 5.4 (6.2) 8.4  
Effective Derivatives (Net of Tax). | Amount Reclassified from Accumulated Other Comprehensive Earnings (Loss) | Commodity contract and currency exchange contracts                        
Amounts Reclassified from AOCI                        
Cost of sales                 (23.6) (27.2) (35.9)  
Effective Derivatives (Net of Tax). | Amount Reclassified from Accumulated Other Comprehensive Earnings (Loss) | Foreign currency contracts                        
Amounts Reclassified from AOCI                        
Selling, general and administrative expense                 1.7      
Effective Derivatives (Net of Tax). | Amount Reclassified from Accumulated Other Comprehensive Earnings (Loss) | Interest rate swap agreements                        
Amounts Reclassified from AOCI                        
Interest rate contracts recorded in interest expense                 (0.2)   (1.0)  
Pension and Other Postretirement Benefits. | Amount Reclassified from Accumulated Other Comprehensive Earnings (Loss)                        
Amounts Reclassified from AOCI                        
Earnings before taxes                 (46.7)      
Total before tax effect                   (81.5) (48.8)  
Tax benefit (expense) on amounts reclassified into earnings                 (17.1) (30.2) (18.2)  
Recognized gain (loss)                 (29.6) (51.3) (30.6)  
Prior service income | Amount Reclassified from Accumulated Other Comprehensive Earnings (Loss)                        
Amounts Reclassified from AOCI                        
Prior service income (cost)                 1.0 0.6 1.0  
Actuarial gains (losses) | Amount Reclassified from Accumulated Other Comprehensive Earnings (Loss)                        
Amounts Reclassified from AOCI                        
Actuarial gains (losses)                 $ (47.7) (36.8) $ (49.8)  
Effect of pension settlement | Amount Reclassified from Accumulated Other Comprehensive Earnings (Loss)                        
Amounts Reclassified from AOCI                        
Effect of pension settlement                   $ (45.3)