Employee Benefit Obligations (Tables)

6 Months Ended

Jun. 30, 2019

Employee Benefit Obligations

Schedule of employee benefit obligations

	June 30,		December 31,
($ in millions)	2019		2018
Underfunded defined benefit pension liabilities	$	920	$	954
Less: Current portion		(25)		(25)
Long-term defined benefit pension liabilities		895		929
Long-term retiree medical liabilities		159		157
Deferred compensation plans		372		291
Other		39		78
	$	1,465	$	1,455

Components of net periodic benefit cost

	Three Months Ended June 30,
	2019						2018
($ in millions)	U.S.		Foreign		Total		U.S.		Foreign		Total
Ball-sponsored plans:
Service cost	$	12	$	3	$	15	$	14	$	4	$	18
Interest cost		25		18		43		24		18		42
Expected return on plan assets		(29)		(27)		(56)		(28)		(27)		(55)
Amortization of prior service cost		—		1		1		1		—		1
Recognized net actuarial loss		5		1		6		9		1		10
Net periodic benefit cost for Ball sponsored plans		13		(4)		9		20		(4)		16
Net periodic benefit cost for multi-employer plans		—		—		—		1		—		1
Total net periodic benefit cost	$	13	$	(4)	$	9	$	21	$	(4)	$	17

	Six Months Ended June 30,
	2019						2018
($ in millions)	U.S.		Foreign		Total		U.S.		Foreign		Total
Ball-sponsored plans:
Service cost	$	24	$	6	$	30	$	27	$	8	$	35
Interest cost		50		36		86		48		36		84
Expected return on plan assets		(57)		(55)		(112)		(55)		(54)		(109)
Amortization of prior service cost		—		2		2		1		—		1
Recognized net actuarial loss		11		2		13		19		2		21
Net periodic benefit cost for Ball sponsored plans		28		(9)		19		40		(8)		32
Net periodic benefit cost for multi-employer plans		—		—		—		1		—		1
Total net periodic benefit cost	$	28	$	(9)	$	19	$	41	$	(8)	$	33