Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2018

Business Segment Information

Summary of business by segment

	Three Months Ended March 31,
($ in millions)	2018		2017
Net sales
Beverage packaging, North and Central America	$	1,035	$	949
Beverage packaging, South America		459		371
Beverage packaging, Europe		609		508
Food and aerosol packaging		275		272
Aerospace		264		236
Reportable segment sales		2,642		2,336
Other		143		137
Net sales	$	2,785	$	2,473
Comparable operating earnings
Beverage packaging, North and Central America	$	113	$	123
Beverage packaging, South America		98		58
Beverage packaging, Europe		60		47
Food and aerosol packaging		23		21
Aerospace		25		21
Reportable segment comparable operating earnings		319		270
Reconciling items
Other (a)		(19)		(31)
Business consolidation and other activities		(30)		(55)
Amortization of acquired Rexam intangibles		(44)		(32)
Earnings before interest and taxes		226		152
Interest expense		(73)		(68)
Debt refinancing and other costs		(1)		—
Total interest expense		(74)		(68)
Earnings before taxes		152		84
Tax (provision) benefit		(34)		(22)
Equity in results of affiliates, net of tax		7		8
Net earnings		125		70
Net earnings attributable to noncontrolling interests		—		(2)
Net earnings attributable to Ball Corporation	$	125	$	68

(a) Includes undistributed corporate expenses, net, of $22 million and $45 million for the first quarters of 2018 and 2017, respectively.