Employee Benefit Obligations (Tables)

9 Months Ended

Sep. 30, 2016

Employee Benefit Obligations

Schedule of employee benefit obligations

	September 30,		December 31,
($in millions)	2016		2015
Underfunded defined benefit pension liabilities	$	968	$	706
Less current portion		(34)		(18)
Long-term defined benefit pension liabilities		934		688
Retiree medical and other postemployment benefits		247		148
Deferred compensation plans		279		281
Other		48		30
	$	1,508	$	1,147

Defined Benefit Pension Plans

Employee Benefit Obligations

Components of net periodic benefit cost

	Three Months Ended September 30,
	2016						2015
($ in millions)	U.S.		Foreign		Total		U.S.		Foreign		Total
Ball-sponsored plans:
Service cost	$	17	$	4	$	21	$	13	$	4	$	17
Interest cost		33		25		58		14		5		19
Expected return on plan assets		(35)		(31)		(66)		(20)		(5)		(25)
Amortization of prior service cost		—		1		1		—		—		—
Recognized net actuarial loss		8		1		9		10		2		12
Settlements/curtailments/special termination		—		—		—		5		—		5
Total net periodic benefit cost	$	23	$	—	$	23	$	22	$	6	$	28

	Nine Months Ended September 30,
	2016							2015
($ in millions)	U.S.		Foreign			Total		U.S.		Foreign		Total
Ball-sponsored plans:
Service cost	$	41	$	10		$	51	$	39	$	11	$	50
Interest cost		63		34			97		43		14		57
Expected return on plan assets		(71)		(40)			(111)		(59)		(15)		(74)
Amortization of prior service cost		(1)		—			(1)		(1)		—		(1)
Recognized net actuarial loss		24		4			28		29		7		36
Settlements/curtailments/special termination		—		80	(a)		80		5		—		5
Net periodic benefit cost for
Ball-sponsored plans		56		88			144		56		17		73
Net periodic benefit cost for multi-employer plans		1		—			1		1		—		1
Total net periodic benefit cost	$	57	$	88		$	145	$	57	$	17	$	74

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