XML 50 R37.htm IDEA: XBRL DOCUMENT v3.7.0.1
Employee Benefit Obligations (Tables)
3 Months Ended
Mar. 31, 2017
Employee Benefit Obligations  
Schedule of employee benefit obligations

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

($ in millions)

    

2017

    

2016

 

 

 

 

 

 

 

Underfunded defined benefit pension liabilities

 

$

969

 

$

963

Less current portion

 

 

(21)

 

 

(25)

Long-term defined benefit pension liabilities

 

 

948

 

 

938

Retiree medical and other postemployment benefits

 

 

219

 

 

226

Deferred compensation plans

 

 

261

 

 

272

Other

 

 

59

 

 

61

 

 

$

1,487

 

$

1,497

 

 

 

 

 

 

 

 

Components of net periodic benefit cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

 

2017

 

2016

 

($ in millions)

    

U.S.

    

Foreign

    

Total

    

U.S.

    

Foreign

    

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ball-sponsored plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

12

 

$

 4

 

$

16

 

$

12

 

$

 3

 

$

15

 

Interest cost

 

 

33

 

 

22

 

 

55

 

 

15

 

 

 5

 

 

20

 

Expected return on plan assets

 

 

(33)

 

 

(26)

 

 

(59)

 

 

(18)

 

 

(5)

 

 

(23)

 

Recognized net actuarial loss

 

 

 9

 

 

 1

 

 

10

 

 

 8

 

 

 1

 

 

 9

 

Net periodic benefit cost for Ball sponsored plans

 

 

21

 

 

 1

 

 

22

 

 

17

 

 

 4

 

 

21

 

Net periodic benefit cost for multi-employer plans

 

 

 1

 

 

 —

 

 

 1

 

 

 —

 

 

 —

 

 

 —

 

Total net periodic benefit cost

 

$

22

 

$

 1

 

$

23

 

$

17

 

$

 4

 

$

21