Employee Benefit Obligations (Tables)

3 Months Ended

Mar. 31, 2025

Employee Benefit Obligations

Schedule of employee benefit obligations

	March 31,		December 31,
($ in millions)	2025		2024
Underfunded defined benefit pension liabilities	$	259	$	263
Less: Current portion		(20)		(20)
Long-term defined benefit pension liabilities		239		243
Long-term retiree medical liabilities		77		79
Deferred compensation plans		176		206
Other		49		49
	$	541	$	577

Defined Benefit Pension Plans

Employee Benefit Obligations

Components of net periodic benefit cost

	Three Months Ended March 31,
	2025						2024
($ in millions)	U.S.		Non-U.S.		Total		U.S.		Non-U.S.		Total
Ball-sponsored plans:
Service cost	$	4	$	—	$	4	$	4	$	1	$	5
Interest cost		14		22		36		15		20		35
Expected return on plan assets		(20)		(21)		(41)		(22)		(20)		(42)
Amortization of prior service cost		—		1		1		—		1		1
Recognized net actuarial loss		1		4		5		1		4		5
Total net periodic benefit cost	$	(1)	$	6	$	5	$	(2)	$	6	$	4