Employee Benefit Obligations (Tables)

6 Months Ended

Jun. 30, 2016

Employee Benefit Obligations

Schedule of employee benefit obligations

	June 30,		December 31,
($in millions)	2016		2015
Underfunded defined benefit pension liabilities	$	1,178	$	705
Less current portion and prepaid pension assets		(208)		(17)
Long-term defined benefit pension liabilities		970		688
Retiree medical and other postemployment benefits		251		148
Deferred compensation plans		263		281
Other		43		30
	$	1,527	$	1,147

Defined Benefit Pension Plans

Employee Benefit Obligations

Components of net periodic benefit cost

	Three Months Ended June 30,
	2016							2015
($ in millions)	U.S.		Foreign			Total		U.S.		Foreign		Total
Ball-sponsored plans:
Service cost	$	12	$	3		$	15	$	13	$	4	$	17
Interest cost		15		5			20		14		4		18
Expected return on plan assets		(18)		(5)			(23)		(20)		(5)		(25)
Recognized net actuarial loss		8		1			9		10		2		12
Settlements/curtailments/special termination		—		80	(a)		80		—		—		—
Net periodic benefit cost for
Ball-sponsored plans		17		84			101		17		5		22
Net periodic benefit cost for multiemployer plans		—		—			—		1		—		1
Total net periodic benefit cost	$	17	$	84		$	101	$	18	$	5	$	23

(a) Amount relates to plans transferred to the Divestment Business.

	Six Months Ended June 30,
	2016							2015
($ in millions)	U.S.		Foreign			Total		U.S.		Foreign		Total
Ball-sponsored plans:
Service cost	$	24	$	6		$	30	$	26	$	7	$	33
Interest cost		30		9			39		29		9		38
Expected return on plan assets		(36)		(9)			(45)		(40)		(10)		(50)
Amortization of prior service cost		(1)		—			(1)		(1)		—		(1)
Recognized net actuarial loss		16		3			19		20		5		25
Settlements/curtailments/special termination		—		80	(a)		80		—		—		—
Net periodic benefit cost for
Ball-sponsored plans		33		89			122		34		11		45
Net periodic benefit cost for multi-employer plans		1		—			1		1		—		1
Total net periodic benefit cost	$	34	$	89		$	123	$	35	$	11	$	46

(a) Amount relates to plans transferred in the Divestment Business.