Employee Benefit Obligations (Tables)

3 Months Ended

Mar. 31, 2022

Employee Benefit Obligations

Schedule of employee benefit obligations

	March 31,		December 31,
($ in millions)	2022		2021
Underfunded defined benefit pension liabilities	$	503	$	582
Less: Current portion		(21)		(21)
Long-term defined benefit pension liabilities		482		561
Long-term retiree medical liabilities		133		135
Deferred compensation plans		398		441
Other		34		68
	$	1,047	$	1,205

Defined Benefit Pension Plans

Employee Benefit Obligations

Components of net periodic benefit cost

	Three Months Ended March 31,
	2022						2021
($ in millions)	U.S.		Non-U.S.		Total		U.S.		Non-U.S.		Total
Ball-sponsored plans:
Service cost	$	22	$	3	$	25	$	21	$	3	$	24
Interest cost		13		13		26		13		9		22
Expected return on plan assets		(27)		(17)		(44)		(31)		(16)		(47)
Amortization of prior service cost		—		1		1		—		1		1
Recognized net actuarial loss		7		1		8		13		1		14
Total net periodic benefit cost	$	15	$	1	$	16	$	16	$	(2)	$	14