Accounting Pronouncements (Tables) - ASU 2014-09

3 Months Ended

Mar. 31, 2018

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Cumulative effect of change

($ in millions)	Balance at December 31, 2017		Adjustments Due to Adoption		Balance at January 1, 2018
Assets
Receivables, net	$	1,634	$	307	$	1,941
Inventories, net		1,526		(241)		1,285
Other current assets		150		(4)		146
Liabilities
Other current liabilities		540		17		557
Deferred taxes		695		7		702
Shareholders' equity
Retained earnings		4,987		37		5,024
Accumulated other comprehensive earnings (loss)		(656)		1		(655)

Schedule of impact of adoption of new accounting pronouncements on current period financial statements

	Three Months Ended March 31, 2018
($ in millions, except per share amounts)	As Reported		Balances Without Adoption		Effect of Change Higher/(Lower)
Net sales	$	2,785	$	2,752	$	33
Cost of sales (excluding depreciation and amortization)		(2,237)		(2,206)		(31)
Earnings before interest and taxes		226		224		2
Tax (provision) benefit		(34)		(34)		—
Net earnings attributable to Ball Corporation		125		123		2
Basic earnings per share		0.36		0.35		0.01
Diluted earnings per share		0.35		0.34		0.01

	March 31, 2018
($ in millions)	As Reported		Balances Without Adoption		Effect of Change Higher/(Lower)
Assets
Receivables, net	$	2,090	$	1,745	$	345
Inventories, net		1,447		1,720		(273)
Other current assets		146		150		(4)
Liabilities
Other current liabilities		525		504		21
Deferred taxes		690		683		7
Shareholders' equity
Retained earnings		5,114		5,075		39
Accumulated other comprehensive earnings (loss)		(673)		(674)		1