Employee Benefit Obligations (Tables)

3 Months Ended

Mar. 31, 2023

Employee Benefit Obligations

Schedule of employee benefit obligations

	March 31,		December 31,
($ in millions)	2023		2022
Underfunded defined benefit pension liabilities	$	456	$	423
Less: Current portion		(22)		(21)
Long-term defined benefit pension liabilities		434		402
Long-term retiree medical liabilities		90		94
Deferred compensation plans		267		286
Other		33		65
	$	824	$	847

Defined Benefit Pension Plans

Employee Benefit Obligations

Components of net periodic benefit cost

	Three Months Ended March 31,
	2023						2022
($ in millions)	U.S.		Non-U.S.		Total		U.S.		Non-U.S.		Total
Ball-sponsored plans:
Service cost	$	13	$	1	$	14	$	22	$	3	$	25
Interest cost		21		21		42		13		13		26
Expected return on plan assets		(28)		(25)		(53)		(27)		(17)		(44)
Amortization of prior service cost		—		1		1		—		1		1
Recognized net actuarial loss		1		—		1		7		1		8
Total net periodic benefit cost	$	7	$	(2)	$	5	$	15	$	1	$	16