Accounting Pronouncements (Tables) - ASU 2014-09

6 Months Ended

Jun. 30, 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 June 30, 2018						Six Months Ended June 30, 2018
($ in millions, except per share amounts)	As Reported		Balances Without Adoption		Effect of Change Higher (Lower)		As Reported		Balances Without Adoption		Effect of Change Higher (Lower)
Net sales	$	3,101	$	3,143	$	(42)	$	5,886	$	5,895	$	(9)
Cost of sales (excluding depreciation and amortization)		(2,484)		(2,522)		38		(4,721)		(4,728)		7
Earnings before interest and taxes		243		247		(4)		469		471		(2)
Tax (provision) benefit		(46)		(45)		(1)		(80)		(79)		(1)
Net earnings attributable to Ball Corporation		119		124		(5)		244		247		(3)
Basic earnings per share		0.34		0.36		(0.02)		0.70		0.71		(0.01)
Diluted earnings per share		0.34		0.35		(0.01)		0.68		0.69		(0.01)

	June 30, 2018
($ in millions)	As Reported		Balances Without Adoption		Effect of Change Higher/(Lower)
Assets
Receivables, net	$	2,013	$	1,722	$	291
Inventories, net		1,257		1,489		(232)
Other current assets		206		210		(4)
Liabilities
Other current liabilities		558		545		13
Deferred taxes		666		659		7
Shareholders' equity
Retained earnings		5,199		5,165		34
Accumulated other comprehensive earnings (loss)		(767)		(768)		1