XML 71 R59.htm IDEA: XBRL DOCUMENT v3.5.0.2
Employee Benefit Obligations (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Dec. 31, 2016
USD ($)
Jun. 30, 2016
USD ($)
plan
Dec. 31, 2015
USD ($)
Employee Benefit Obligations              
Underfunded defined benefit pension liabilities $ 968   $ 968       $ 706
Less current portion (34)   (34)       (18)
Long-term defined benefit pension liabilities 934   934       688
Retiree medical and other postemployment benefits 247   247       148
Deferred compensation plans 279   279       281
Other 48   48       30
Employee benefit obligations 1,508   1,508       1,147
Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent 1,508   1,508       $ 1,147
Ball Corporation              
Employee Benefit Obligations              
Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent 344   344        
Defined Benefit Pension Plans              
Employee Benefit Obligations              
Net periodic benefit cost for multiemployer plans     1 $ 1      
Total net periodic benefit cost 23 $ 28 145 74      
Ball-sponsored plans:              
Service cost 21 17 51 50      
Interest cost 58 19 97 57      
Expected return on plan assets (66) (25) (111) (74)      
Amortization of prior service cost 1   (1) (1)      
Recognized net actuarial loss 9 12 28 36      
Settlements/curtailments/special termination   5 80 5      
Net periodic benefit cost for Ball-sponsored plans     144 73      
U.S.              
Employee Benefit Obligations              
Net periodic benefit cost for multiemployer plans     1 1      
Total net periodic benefit cost 23 22 57 57      
Ball-sponsored plans:              
Service cost 17 13 41 39      
Interest cost 33 14 63 43      
Expected return on plan assets (35) (20) (71) (59)      
Amortization of prior service cost     (1) (1)      
Recognized net actuarial loss 8 10 24 29      
Settlements/curtailments/special termination   5   5      
Net periodic benefit cost for Ball-sponsored plans     56 56      
Foreign              
Employee Benefit Obligations              
Total net periodic benefit cost   6 88 17      
Ball-sponsored plans:              
Service cost 4 4 10 11      
Interest cost 25 5 34 14      
Expected return on plan assets (31) (5) (40) (15)      
Amortization of prior service cost 1            
Recognized net actuarial loss 1 $ 2 4 7      
Settlements/curtailments/special termination     80        
Net periodic benefit cost for Ball-sponsored plans     88 $ 17      
German Plans              
Ball-sponsored plans:              
Contributions to pension plans     18        
German Plans | Forecast              
Employee Benefit Obligations              
Expected benefit payments to plan participants for the full year         $ 25    
Excluding German Plans              
Ball-sponsored plans:              
Contributions to pension plans     246        
Excluding German Plans | Forecast              
Ball-sponsored plans:              
Expected contributions to pension plans for the full year         $ 250    
Rexam | Rexam Pension Plan              
Ball-sponsored plans:              
Number of defined benefit plans acquired | plan           11  
Rexam | Rexam Retiree Medical Plan              
Ball-sponsored plans:              
Number of defined benefit plans acquired | plan           2  
Rexam | Rexam U K Pension Plan              
Ball-sponsored plans:              
Escrow Deposit $ 171   $ 171        
Rexam escrow cash account           $ 171