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Earnings Per Share
 12 Months Ended
Dec. 31, 2017
Earnings Per Share  
Earnings Per Share

18.  Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31,

($ in millions, except per share amounts; shares in thousands)

    

2017

    

2016

    

2015

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Ball Corporation

 

$

374

 

$

263

 

$

281

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares (a)

 

 

350,269

 

 

316,542

 

 

274,600

Effect of dilutive securities (a)

 

 

6,716

 

 

6,342

 

 

7,368

Weighted average shares applicable to diluted earnings per share (a)

 

 

356,985

 

 

322,884

 

 

281,968

 

 

 

 

 

 

 

 

 

 

Per basic share (a)

 

$

1.07

 

$

0.83

 

$

1.02

Per diluted share (a)

 

$

1.05

 

$

0.81

 

$

1.00

(a)

Amounts have been retrospectively adjusted for the two-for-one stock split that was effective on May 16, 2017.

 

Certain outstanding options and SSARs were excluded from the diluted earnings per share calculation because they were anti-dilutive (i.e., the sum of the proceeds, including the unrecognized compensation and windfall tax benefits, exceeded the average closing stock price for the period). The options and SSARs excluded totaled approximately 2 million in each of 2017, 2016 and 2015.