Employee Benefit Obligations (Tables)

6 Months Ended

Jun. 30, 2025

Employee Benefit Obligations

Schedule of employee benefit obligations

	June 30,		December 31,
($ in millions)	2025		2024
Underfunded defined benefit pension liabilities	$	252	$	263
Less: Current portion		(21)		(20)
Long-term defined benefit pension liabilities		231		243
Long-term retiree medical liabilities		75		79
Deferred compensation plans		187		206
Other		64		49
	$	557	$	577

Defined Benefit Pension Plans

Employee Benefit Obligations

Components of net periodic benefit cost

	Three Months Ended June 30,
	2025						2024
($ in millions)	U.S.		Non-U.S.		Total		U.S.		Non-U.S.		Total
Ball-sponsored plans:
Service cost	$	3	$	—	$	3	$	4	$	—	$	4
Interest cost		15		23		38		15		21		36
Expected return on plan assets		(20)		(22)		(42)		(22)		(19)		(41)
Amortization of prior service cost		—		—		—		—		—		—
Recognized net actuarial loss		1		4		5		1		3		4
Total net periodic benefit cost	$	(1)	$	5	$	4	$	(2)	$	5	$	3

	Six Months Ended June 30,
	2025						2024
($ in millions)	U.S.		Non-U.S.		Total		U.S.		Non-U.S.		Total
Ball-sponsored plans:
Service cost	$	7	$	—	$	7	$	8	$	1	$	9
Interest cost		29		45		74		30		41		71
Expected return on plan assets		(40)		(43)		(83)		(44)		(39)		(83)
Amortization of prior service cost		—		1		1		—		1		1
Recognized net actuarial loss		2		8		10		2		7		9
Total net periodic benefit cost	$	(2)	$	11	$	9	$	(4)	$	11	$	7