Earnings and Dividends Per Share

6 Months Ended

Jun. 30, 2022

Earnings and Dividends Per Share

Earnings and Dividends Per Share

19.    Earnings and Dividends Per Share

	Three Months Ended June 30,				Six Months Ended June 30,
($ in millions, except per share amounts; shares in thousands)	2022		2021		2022		2021
Net earnings (loss) attributable to Ball Corporation	$	(174)	$	202	$	272	$	402
Basic weighted average common shares		317,006		327,625		318,944		327,718
Effect of dilutive securities		—		5,753		4,372		5,897
Weighted average shares applicable to diluted earnings (loss) per share		317,006		333,378		323,316		333,615
Per basic share	$	(0.55)	$	0.62	$	0.85	$	1.23
Per diluted share	$	(0.55)	$	0.61	$	0.84	$	1.20

The company reported a net loss attributable to Ball Corporation in the three months ended June 30, 2022, and, as a result, all potentially issuable securities were excluded in the diluted earnings (loss) per share calculation as their effect would have been anti-dilutive. Certain outstanding options and SSARs were excluded from the diluted earnings (loss) per share calculation because they were anti-dilutive (i.e., the sum of the proceeds, including the unrecognized compensation, exceeded the average closing stock price for the period). Ball excluded anti-dilutive options of four million and one million for the three months ended June 30, 2022 and 2021, respectively, and two million and one million for the six months ended June 30, 2022 and 2021, respectively.

The company declared and paid dividends of $0.20 per share and $0.15 per share for the three months ended June 30, 2022 and 2021, respectively, and $0.40 per share and $0.30 per share for the six months ended June 30, 2022 and 2021, respectively.