Goodwill

3 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets, Net

Goodwill

11.     Goodwill

($ in millions)	​ Beverage Packaging, North & Central America		​ Beverage Packaging, EMEA		​ Beverage Packaging, South America		​ Aerospace		Other		Total
Balance at December 31, 2020	$	1,275	$	1,573	$	1,298	$	40	$	298	$	4,484
Effects of currency exchange		—		(56)		—		—		(12)		(68)
Balance at March 31, 2021	$	1,275	$	1,517	$	1,298	$	40	$	286	$	4,416

Goodwill in the above table is presented net of accumulated impairment losses of $62 million as of March 31, 2021, and December 31, 2020.

In the first quarter of 2020, Ball recorded a non-cash impairment charge of $62 million related to the goodwill associated with the beverage packaging, other, reporting unit as the carrying amount of this reporting unit exceeded its fair value. The impairment review was triggered by the restructuring of the company’s reporting units which was made in connection with a January 1, 2020 change in segment management and internal reporting structure.