Accounting Pronouncements (Tables) - ASU 2014-09

9 Months Ended

Sep. 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 September 30, 2018						Nine Months Ended September 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	$	2,946	$	2,985	$	(39)	$	8,832	$	8,880	$	(48)
Cost of sales (excluding depreciation and amortization)		(2,362)		(2,393)		31		(7,083)		(7,121)		38
Earnings before interest and taxes		268		276		(8)		737		747		(10)
Tax (provision) benefit		(140)		(143)		3		(220)		(222)		2
Net earnings attributable to Ball Corporation		59		64		(5)		303		311		(8)
Basic earnings per share		0.17		0.19		(0.02)		0.87		0.90		(0.03)
Diluted earnings per share		0.17		0.18		(0.01)		0.86		0.88		(0.02)

	September 30, 2018
($ in millions)	As Reported		Balances Without Adoption		Effect of Change Higher/(Lower)
Assets
Receivables, net	$	1,872	$	1,622	$	250
Inventories, net		1,243		1,444		(201)
Other current assets		147		153		(6)
Liabilities
Other current liabilities		450		442		8
Deferred taxes		672		667		5
Shareholders' equity
Retained earnings		5,224		5,195		29
Accumulated other comprehensive earnings (loss)		(800)		(801)		1