v3.25.1
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