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Other Assets
9 Months Ended
Sep. 30, 2021
Other Assets..  
Other Assets.

13.    Other Assets

September 30,

December 31,

($ in millions)

    

2021

    

2020

Long-term pension assets

$

569

$

562

Investments in affiliates

182

321

Right-of-use operating lease assets

406

302

Long-term deferred tax assets

154

227

Other

595

447

$

1,906

$

1,859

In the third quarter of 2021, Ball sold its minority-owned investment in South Korea for total proceeds of $120 million. See Note 4 for further details. In the first quarter of 2020, the shareholders of Ball Metalpack provided additional equity contributions and loans to Ball Metalpack, of which Ball's share was $30 million, which resulted in Ball recognizing this same level of previously unrecorded equity method losses associated with prior periods. These losses are presented in equity in results of affiliates, net of tax, in the company’s unaudited condensed consolidated statement of earnings. Ball is under no obligation to provide additional equity contributions or loans to Ball Metalpack.