Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2016

Business Segment Information

Summary of business by segment

	Three Months Ended June 30,				Six Months Ended June 30,
($ in millions)	2016		2015		2016		2015
Net sales
Metal beverage packaging, Americas & Asia	$	1,053	$	1,132	$	1,990	$	2,155
Metal beverage packaging, Europe		479		481		835		860
Food and aerosol packaging		298		332		583		640
Aerospace		193		230		373		445
Corporate and intercompany eliminations		7		(3)		4		(5)
Net sales		2,030		2,172	$	3,785	$	4,095
Net earnings
Metal beverage packaging, Americas & Asia	$	137	$	126	$	239	$	252
Business consolidation and other activities		(12)		—		(16)		(3)
Total metal beverage packaging, Americas & Asia		125		126		223		249
Metal beverage packaging, Europe		74		59		113		88
Business consolidation and other activities		(5)		(5)		(9)		(7)
Total metal beverage packaging, Europe		69		54		104		81
Food and aerosol packaging		33		29		53		59
Business consolidation and other activities		(3)		(1)		(17)		(1)
Total food and aerosol packaging		30		28		36		58
Aerospace		19		20		37		39
Business consolidation and other activities		—		—		—		1
Total aerospace		19		20		37		40
Segment earnings before interest and taxes		243		228		400		428
Undistributed corporate expenses and intercompany eliminations, net		(12)		(26)		(35)		(52)
Business consolidation and other activities		47		72		(198)		24
Total undistributed corporate expenses and
intercompany eliminations, net		35		46		(233)		(28)
Earnings before interest and taxes		278		274		167		400
Interest expense		(41)		(31)		(79)		(70)
Debt refinancing and other costs		(46)		(5)		(106)		(65)
Total interest expense		(87)		(36)		(185)		(135)
Tax (provision) benefit		146		(79)		229		(79)
Equity in results of affiliates, net of tax		1		1		(0)		2
Net earnings		338		160		211		188
Less net earnings attributable to noncontrolling interests		—		—		—		(7)
Net earnings attributable to Ball Corporation	$	338	$	160	$	211	$	181