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Other Assets
3 Months Ended
Mar. 31, 2022
Other Assets..  
Other Assets.

13.    Other Assets

March 31,

December 31,

($ in millions)

    

2022

    

2021

Long-term pension assets

$

565

$

579

Right-of-use operating lease assets

443

420

Investments in affiliates

190

184

Long-term deferred tax assets

88

126

Other

700

614

$

1,986

$

1,923

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 an ownership interest of 50 percent in an entity in the U.S.

In 2021, Ball sold its minority-owned investment in South Korea. In the first quarter of 2022, Ball sold its remaining equity method investment in Ball Metalpack for total consideration of $305 million. See Note 4 for further details of both transactions.