Acquisitions (Tables)

6 Months Ended

Jun. 30, 2016

Acquisitions

Summary of divestment business

	Three Months Ended				Six Months Ended
($ in millions)	June 30, 2016		June 30, 2015		June 30, 2016		June 30, 2015
Earnings before taxes	$	68	$	49	$	104	$	80
Earnings before taxes attributable to	$	68	$	49	$	104	$	77
Ball Corporation

Summary of net assets acquired

($ in millions)
Cash	$	451
Receivables, net		797
Inventories, net		791
Deferred taxes and other current assets		158
Assets held for sale (sold to Ardagh on June 30, 2016)		913
Total current assets		3,110
Property, plant and equipment		2,297
Goodwill		3,767
Intangible assets		1,888
Restricted cash		174
Other assets		721
Total assets acquired		11,957
Short-term debt and current portion of long-term debt		2,801
Accounts payable		869
Accrued employee costs		125
Liabilities held for sale (sold to Ardagh on June 30, 2016)		7
Other current liabilities		447
Total current liabilities		4,249
Long-term debt		25
Employee benefit obligations		496
Deferred taxes and other liabilities		927
Total liabilities assumed		5,697
Net assets acquired		6,260
Noncontrolling interests		(94)
Aggregate value of consideration paid	$	6,166

Summary of certain intangible assets

($ in millions)	Fair Value		Weighted- Average Estimated Useful Life (in Years)
Customer relationships	$	1,840	15
Trademarks		40	5
Technology		8	9
	$	1,888

Summary of unaudited pro forma consolidated results of operations

	Three Months Ended				Six Months Ended
($ in millions, except per share amounts)	June 30, 2016		June 30, 2015		June 30, 2016		June 30, 2015
Net sales (1)	$	2,761	$	3,027	$	5,179	$	5,689
Net earnings attributable to Ball Corporation (2)	$	75	$	88	$	87	$	(551)
Basic earnings (loss) per share	$	0.43	$	0.50	$	0.50	$	(3.14)
Diluted earnings (loss) per share	$	0.42	$	0.49	$	0.49	$	(3.14)