Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2017


	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions)	2017		2016		2017		2016

Net sales
Beverage packaging, North and Central America	$	1,080	$	1,076	$	3,180	$	2,653
Beverage packaging, South America		425		318		1,145		577
Beverage packaging, Europe		651		624		1,824		1,459
Food and aerosol packaging		321		329		867		911
Aerospace		241		204		734		577
Reportable segment sales		2,718		2,551		7,750		6,177
Other		190		201		486		360
Net sales	$	2,908	$	2,752	$	8,236	$	6,537

Comparable operating earnings
Beverage packaging, North and Central America	$	121	$	145	$	400	$	356
Beverage packaging, South America		78		60		205		100
Beverage packaging, Europe		74		72		184		184
Food and aerosol packaging		30		31		76		84
Aerospace		23		24		70		61
Reportable segment comparable operating earnings		326		332		935		785
Reconciling items
Other (a)		(13)		(21)		(65)		(67)
Business consolidation and other activities		(157)		(63)		(253)		(302)
Amortization of acquired Rexam intangibles		(37)		(33)		(120)		(33)
Catch-up depreciation and amortization for 2016 from finalization of Rexam valuation		5		—		(34)		—
Cost of sales associated with Rexam inventory step-up		—		(83)		—		(83)
Earnings before interest and taxes		124		132		463		300
Interest expense		(74)		(80)		(216)		(159)
Debt refinancing and other costs		—		(2)		(1)		(108)
Total interest expense		(74)		(82)		(217)		(267)
Earnings before taxes		50		50		246		33
Tax (provision) benefit		(4)		(23)		(48)		174
Equity in results of affiliates, net of tax		5		7		23		6
Net earnings		51		34		221		213
Net earnings attributable to noncontrolling interests		(3)		(3)		(6)		(3)
Net earnings attributable to Ball Corporation	$	48	$	31	$	215	$	210

(a)

Includes undistributed corporate expenses, net, of $29 million and $43 million for the third quarter of 2017 and 2016, respectively, and $106 million and $78 million for the first nine months of 2017 and 2016, respectively.