XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statement of Earnings - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Consolidated Statements of Earnings        
Net sales $ 3,093 $ 2,953 $ 8,679 $ 8,755
Costs and expenses        
Cost of sales (excluding depreciation and amortization) (2,430) (2,363) (6,875) (7,044)
Depreciation and amortization (160) (169) (499) (510)
Selling, general and administrative (121) (90) (363) (328)
Business consolidation and other activities (8) (133) (235) (147)
Total costs and expenses (2,719) (2,755) (7,972) (8,029)
Earnings before interest and taxes 374 198 707 726
Interest expense (68) (79) (206) (237)
Debt refinancing and other costs (1)   (41) (4)
Total interest expense (69) (79) (247) (241)
Earnings before taxes 305 119 460 485
Tax (provision) benefit (73) (32) (92) (73)
Equity in results of affiliates, net of tax 8 5 (13) (6)
Net earnings 240 92 355 406
Net (earnings) loss attributable to noncontrolling interests 1   3  
Net earnings attributable to Ball Corporation $ 241 $ 92 $ 358 $ 406
Earnings per share:        
Per basic share (in dollars per share) $ 0.74 $ 0.28 $ 1.10 $ 1.22
Per diluted share (in dollars per share) $ 0.72 $ 0.27 $ 1.08 $ 1.19
Weighted average shares outstanding (000s):        
Basic (in shares) 326,549 331,148 325,965 332,726
Diluted (in shares) 332,654 340,632 332,152 341,702