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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
$ in Millions
May 16, 2017
Jun. 30, 2017
USD ($)
Dec. 31, 2016
USD ($)
Jun. 30, 2016
USD ($)
Dec. 31, 2015
USD ($)
Current assets          
Cash and cash equivalents   $ 433 $ 597 $ 6,399 $ 224
Receivables, net   1,637 1,491    
Inventories, net   1,524 1,413    
Other current assets   171 152    
Total current assets   3,765 3,653    
Noncurrent assets          
Property, plant and equipment, net   4,424 4,387    
Goodwill   4,858 5,095    
Intangible assets, net   2,512 1,934    
Other assets   1,162 1,104    
Total assets   16,721 16,173    
Current liabilities          
Short-term debt and current portion of long-term debt   322 222    
Accounts payable   2,146 2,033    
Accrued employee costs   291 315    
Other current liabilities   591 399    
Total current liabilities   3,350 2,969    
Noncurrent liabilities          
Long-term debt   7,226 7,310    
Employee benefit obligations   1,429 1,497    
Deferred taxes   633 439    
Other liabilities   373 417    
Total liabilities   13,011 12,632    
Shareholders' equity          
Common stock (669,960,150 shares issued - 2017; 668,504,350 shares issued - 2016) [1]   1,060 1,038    
Retained earnings   4,849 4,739    
Accumulated other comprehensive earnings (loss)   (919) (941)    
Treasury stock, at cost (318,355,478 shares - 2017; 318,774,098 shares - 2016) [1]   (1,386) (1,401)    
Total Ball Corporation shareholders' equity   3,604 3,435    
Noncontrolling interests   106 106    
Total shareholders' equity   3,710 3,541    
Total liabilities and shareholders' equity   $ 16,721 $ 16,173    
Stock split ratio 2        
[1] Amounts in 2016 have been retrospectively adjusted for the two-for-one stock split that was effective on May 16, 2017.