Other Assets

12 Months Ended

Dec. 31, 2021

Other Assets..

Other Assets.

13. Other Assets

	December 31,
($ in millions)	2021		2020
Long-term pension assets	$	579	$	562
Investments in affiliates		184		321
Right-of-use operating lease assets		420		302
Long-term deferred tax assets		126		227
Other		614		447
	$	1,923	$	1,859

Investments in affiliates primarily includes the company’s 50 percent ownership interest in an entity in Guatemala, a 50 percent ownership interest in an entity in Panama, a 50 percent ownership interest in an entity in Vietnam and ownership interests of 50 percent in entities in the U.S. In 2021, Ball sold its minority-owned investment in South Korea. See Note 4 for further details.

In 2020, the shareholders of Ball Metalpack, an equity method investment of which Ball has 49 percent interest, provided additional equity contributions and loans to Ball Metalpack. 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 consolidated statement of earnings. Ball is under no obligation to provide additional equity contributions or loans to Ball Metalpack. In January 2022, Ball sold its remaining 49 percent investment in Ball Metalpack. See Note 4 for further details.

See Note 14, Note 16 and Note 17 for further details related to the company’s long-term right-of-use operating lease assets, deferred tax assets and pension assets, respectively.