Earnings and Dividends Per Share

9 Months Ended

Sep. 30, 2020

Earnings and Dividends Per Share

Earnings and Dividends Per Share

19.    Earnings and Dividends Per Share

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions, except per share amounts; shares in thousands)	2020		2019		2020		2019
Net earnings attributable to Ball Corporation	$	241	$	92	$	358	$	406
Basic weighted average common shares		326,549		331,148		325,965		332,726
Effect of dilutive securities		6,105		9,484		6,187		8,976
Weighted average shares applicable to diluted earnings per share		332,654		340,632		332,152		341,702
Per basic share	$	0.74	$	0.28	$	1.10	$	1.22
Per diluted share	$	0.72	$	0.27	$	1.08	$	1.19

Certain outstanding options are excluded from the diluted earnings per share calculation because they are anti-dilutive (i.e., their assumed conversion into common stock would increase rather than decrease earnings per share). The options excluded totaled one million for the three and nine months ended September 30, 2020. There were no anti-dilutive options for the three and nine months ended September 30, 2019.

The company declared and paid dividends of $0.15 per share and $0.45 per share for the three and nine months ended September 30, 2020, respectively, and $0.15 per share and $0.40 per share for the three and nine months ended September 30, 2019, respectively.