XML 92 R80.htm IDEA: XBRL DOCUMENT v3.8.0.1
Subsidiary Guarantees of Debt - Condensed Consolidating Statement of Earnings (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Subsidiary Guarantees of Debt    
Ownership interest in guarantor subsidiaries (as a percent) 100.00%  
Net sales $ 2,785 $ 2,473
Costs and expenses    
Cost of sales (excluding depreciation and amortization) (2,237) (1,975)
Depreciation and amortization (180) (148)
Selling, general and administrative (112) (143)
Business consolidation and other activities (30) (55)
Total costs and expenses (2,559) (2,321)
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
Comprehensive earnings (loss) attributable to Ball Corporation 108 196
Eliminating Adjustments    
Subsidiary Guarantees of Debt    
Net sales (182) (17)
Costs and expenses    
Cost of sales (excluding depreciation and amortization) 182 17
Equity in results of subsidiaries (201) (123)
Total costs and expenses (19) (106)
Earnings before interest and taxes (201) (123)
Earnings before taxes (201) (123)
Net earnings (201) (123)
Net earnings attributable to Ball Corporation (201) (123)
Comprehensive earnings (loss) attributable to Ball Corporation (197) (311)
Ball Corporation    
Costs and expenses    
Depreciation and amortization (1) (2)
Selling, general and administrative (34) (45)
Business consolidation and other activities (13) (51)
Equity in results of subsidiaries 162 123
Intercompany 82 81
Total costs and expenses 196 106
Earnings before interest and taxes 196 106
Interest expense (76) (65)
Debt refinancing and other costs (1)  
Total interest expense (77) (65)
Earnings before taxes 119 41
Tax (provision) benefit 6 27
Net earnings 125 68
Net earnings attributable to Ball Corporation 125 68
Comprehensive earnings (loss) attributable to Ball Corporation 108 196
Guarantor Subsidiaries    
Subsidiary Guarantees of Debt    
Net sales 1,535 1,287
Costs and expenses    
Cost of sales (excluding depreciation and amortization) (1,306) (1,062)
Depreciation and amortization (52) (47)
Selling, general and administrative (41) (48)
Business consolidation and other activities (6) 6
Equity in results of subsidiaries 34 7
Intercompany (42) (41)
Total costs and expenses (1,413) (1,185)
Earnings before interest and taxes 122 102
Interest expense 3 1
Total interest expense 3 1
Earnings before taxes 125 103
Tax (provision) benefit (17) (40)
Equity in results of affiliates, net of tax 3 3
Net earnings 111 66
Net earnings attributable to Ball Corporation 111 66
Comprehensive earnings (loss) attributable to Ball Corporation 108 169
Non-Guarantor Subsidiaries    
Subsidiary Guarantees of Debt    
Net sales 1,432 1,203
Costs and expenses    
Cost of sales (excluding depreciation and amortization) (1,113) (930)
Depreciation and amortization (127) (99)
Selling, general and administrative (37) (50)
Business consolidation and other activities (11) (10)
Equity in results of subsidiaries 5 (7)
Intercompany (40) (40)
Total costs and expenses (1,323) (1,136)
Earnings before interest and taxes 109 67
Interest expense   (4)
Total interest expense   (4)
Earnings before taxes 109 63
Tax (provision) benefit (23) (9)
Equity in results of affiliates, net of tax 4 5
Net earnings 90 59
Net earnings attributable to noncontrolling interests   (2)
Net earnings attributable to Ball Corporation 90 57
Comprehensive earnings (loss) attributable to Ball Corporation $ 89 $ 142