Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2016

Business Segment Information

Summary of business by segment

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions)	2016		2015		2016		2015
Net sales
Beverage packaging, North and Central America	$	1,076	$	818	$	2,653	$	2,466
Beverage packaging, South America		318		134		577		407
Beverage packaging, Europe		687		450		1,522		1,310
Food and aerosol packaging		329		372		911		1,012
Aerospace		204		204		577		648
Reportable segment sales		2,614		1,978		6,240		5,843
Other		201		119		360		349
Net sales	$	2,815	$	2,097	$	6,600	$	6,192
Comparable operating earnings
Beverage packaging, North and Central America	$	145	$	109	$	356	$	316
Beverage packaging, South America		60		14		100		43
Beverage packaging, Europe		72		61		184		150
Food and aerosol packaging		31		31		84		89
Aerospace		24		21		61		61
Reportable segment comparable operating earnings		332		236		785		659
Reconciling items
Other (a)		(21)		(8)		(67)		(45)
Business consolidation and other activities		(79)		(152)		(319)		(138)
Amortization of acquired Rexam intangibles		(33)		—		(33)		—
Cost of sales associated with Rexam inventory step-up		(83)		—		(83)		—
Earnings before interest and taxes		116		76		283		476
Interest expense		(80)		(38)		(159)		(107)
Debt refinancing and other costs		(2)		(21)		(108)		(86)
Total interest expense		(82)		(59)		(267)		(193)
Earnings before taxes		34		17		16		283
Tax (provision) benefit		(38)		31		191		(48)
Equity in results of affiliates, net of tax		7		2		6		3
Net earnings		3		50		213		238
Less net earnings attributable to noncontrolling interests		(3)		(5)		(3)		(12)
Net earnings attributable to Ball Corporation	$	—	$	45	$	210	$	226

(a) Includes undistributed corporate expenses,net, of $43 million and $17 million for the third quarter of 2016, and 2015 respectively, and $78 million and $69 million for the first nine months of 2016 and 2015, respectively.