Acquisitions (Tables)

9 Months Ended

Sep. 30, 2016

Acquisitions

Summary of divestment business

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions)	2016		2015		2016		2015
Earnings before taxes		N/A	$	55	$	104	$	135
Earnings before taxes attributable to Ball Corporation		N/A	$	53	$	104	$	130

Summary of net assets acquired

		June 30,
($ in millions)		2016
Cash	$	450
Receivables, net		799
Inventories, net		797
Other current assets		166
Assets held for sale (sold to Ardagh on June 30, 2016)		913
Total current assets		3,125
Property, plant and equipment		2,296
Goodwill		3,773
Intangible assets		1,888
Restricted cash		174
Other assets		664
Total assets acquired		11,920
Short-term debt and current portion of long-term debt		2,795
Accounts payable		868
Accrued employee costs		128
Liabilities held for sale (sold to Ardagh on June 30, 2016)		7
Other current liabilities		420
Total current liabilities		4,218
Long-term debt		25
Employee benefit obligations		496
Deferred taxes and other liabilities		927
Total liabilities assumed		5,666
Net assets acquired		6,254
Noncontrolling interests		(94)
Aggregate value of consideration paid	$	6,160

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 September 30,				Nine Months Ended September 30,
($ in millions, except per share amounts)	2016		2015		2016		2015
Net sales (1)		N/A	$	2,911	$	7,994	$	8,600
Net earnings attributable to Ball Corporation (2)		N/A	$	229	$	87	$	(476)
Basic earnings (loss) per share		N/A	$	1.30	$	0.50	$	(2.71)
Diluted earnings (loss) per share		N/A	$	1.28	$	0.49	$	(2.71)