v3.26.1
Employee Benefit Obligations (Tables)
3 Months Ended
Mar. 31, 2026
Employee Benefit Obligations  
Schedule of employee benefit obligations

March 31,

December 31,

($ in millions)

2026

  ​ ​ ​

2025

Underfunded defined benefit pension liabilities

$

179

$

191

Less: Current portion

(19)

(19)

Long-term defined benefit pension liabilities

160

172

Long-term retiree medical liabilities

77

77

Deferred compensation plans

158

178

Other

67

72

$

462

$

499

Defined Benefit Pension Plans  
Employee Benefit Obligations  
Components of net periodic benefit cost

Three Months Ended March 31,

2026

2025

($ 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

12

23

35

14

22

36

Expected return on plan assets

(19)

(22)

(41)

(20)

(21)

(41)

Amortization of prior service cost

1

1

1

1

Recognized net actuarial loss

1

4

5

1

4

5

Total net periodic benefit cost

$

(3)

$

6

$

3

$

(1)

$

6

$

5