XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Consolidated Statements of Earnings        
Net sales $ 3,017 $ 3,101 $ 5,802 $ 5,886
Costs and expenses        
Cost of sales (excluding depreciation and amortization) (2,428) (2,484) (4,681) (4,721)
Depreciation and amortization (171) (178) (341) (358)
Selling, general and administrative (111) (127) (238) (239)
Business consolidation and other activities   (69) (14) (99)
Total costs and expenses (2,710) (2,858) (5,274) (5,417)
Earnings before interest and taxes 307 243 528 469
Interest expense (81) (77) (158) (150)
Debt refinancing and other costs     (4) (1)
Total interest expense (81) (77) (162) (151)
Earnings before taxes 226 166 366 318
Tax (provision) benefit (31) (46) (41) (80)
Equity in results of affiliates, net of tax 2   (11) 7
Net earnings 197 120 314 245
Net (earnings) loss attributable to noncontrolling interests (1) (1)
Net earnings attributable to Ball Corporation $ 197 $ 119 $ 314 $ 244
Earnings per share:        
Per basic share (in dollars per share) $ 0.59 $ 0.34 $ 0.94 $ 0.70
Per diluted share (in dollars per share) $ 0.58 $ 0.34 $ 0.92 $ 0.68
Weighted average shares outstanding (000s):        
Basic (in shares) 332,825 348,221 333,528 349,212
Diluted (in shares) 341,637 354,904 342,233 356,276