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Earnings and Dividends Per Share
6 Months Ended
Jun. 30, 2024
Earnings and Dividends Per Share  
Earnings (Loss) 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)

    

2024

    

2023

    

2024

    

2023

Earnings from continuing operations attributable to Ball Corporation, net of tax

$

158

$

125

$

236

$

250

Discontinued operations, net of tax

48

3,607

100

Net earnings attributable to Ball Corporation

$

158

$

173

$

3,843

$

350

Basic weighted average common shares

309,269

314,561

312,109

314,400

Effect of dilutive securities

2,695

2,306

2,581

2,364

Weighted average shares applicable to diluted earnings per share

311,964

316,867

314,690

316,764

Basic - continuing operations

$

0.51

$

0.40

$

0.76

$

0.79

Basic - discontinued operations

0.15

11.55

0.32

Per basic share

$

0.51

$

0.55

$

12.31

$

1.11

Diluted - continuing operations

$

0.51

$

0.40

$

0.75

$

0.79

Diluted - discontinued operations

0.15

11.46

0.31

Per diluted share

$

0.51

$

0.55

$

12.21

$

1.10

Certain outstanding options were excluded from the diluted earnings per share calculation because they were anti-dilutive. The excluded options totaled approximately 5 million and 4 million for the three months ended June 30, 2024 and 2023, respectively, and 5 million and 4 million for the six months ended June 30, 2024 and 2023, respectively.

The company declared and paid dividends of $0.20 per share for the three months ended June 30, 2024 and 2023, and $0.40 per share for the six months ended June 30, 2024 and 2023.