Debt (Tables)

6 Months Ended

Jun. 30, 2025

Debt

Schedule of long-term debt

	June 30,		December 31,
($ in millions)	2025		2024
Senior Notes
5.25% due July 2025 (a)	$	189	$	189
4.875% due March 2026		256		256
1.50%, euro denominated, due March 2027		648		569
6.875% due March 2028		750		750
6.00% due June 2029		1,000		1,000
2.875% due August 2030		1,300		1,300
3.125% due September 2031		850		850
4.25% euro denominated, due July 2032		1,002		—
Senior Credit Facility (at variable rates)
U.S. dollar revolver due June 2027 (5.66% - 2025)		250		—
Multi-currency revolver due June 2027 (5.68% - 2025)		100		—
Term A loan due June 2027 (5.68% - 2025)		625		625
Finance lease obligations		8		7
Other (including debt issuance costs)		(52)		(43)
		6,926		5,503
Less: Current portion of long-term debt		(447)		(191)
Long-term debt	$	6,479	$	5,312
Short-term debt
Current portion of long-term debt	$	447	$	191
Short-term finance leases		—		24
Short-term committed loans		—		109
Short-term uncommitted credit facilities		101		37
Short-term debt and current portion of long-term debt	$	548	$	361

(a) In July 2025, Ball redeemed the outstanding 5.25% senior notes due in the amount of $189 million.