v3.26.1
Employee Benefit Obligations (Tables)
6 Months Ended
Jun. 30, 2026
Employee Benefit Obligations  
Schedule of employee benefit obligations

June 30,

December 31,

($ in millions)

2026

  ​ ​ ​

2025

Underfunded defined benefit pension liabilities

$

176

$

191

Less: Current portion

(19)

(19)

Long-term defined benefit pension liabilities

157

172

Long-term retiree medical liabilities

75

77

Deferred compensation plans

170

178

Other

66

72

$

468

$

499

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

Three Months Ended June 30,

2026

2025

($ in millions)

  ​ ​ ​

U.S.

  ​ ​ ​

Non-U.S.

  ​ ​ ​

Total

  ​ ​ ​

U.S.

  ​ ​ ​

Non-U.S.

  ​ ​ ​

Total

Ball-sponsored plans:

Service cost

$

3

$

$

3

$

3

$

$

3

Interest cost

13

22

35

15

23

38

Expected return on plan assets

(19)

(21)

(40)

(20)

(22)

(42)

Amortization of prior service cost

Recognized net actuarial loss

5

5

1

4

5

Total net periodic benefit cost

$

(3)

$

6

$

3

$

(1)

$

5

$

4

Six Months Ended June 30,

2026

2025

($ in millions)

  ​ ​ ​

U.S.

  ​ ​ ​

Non-U.S.

  ​ ​ ​

Total

  ​ ​ ​

U.S.

  ​ ​ ​

Non-U.S.

  ​ ​ ​

Total

Ball-sponsored plans:

Service cost

$

6

$

$

6

$

7

$

$

7

Interest cost

25

45

70

29

45

74

Expected return on plan assets

(38)

(43)

(81)

(40)

(43)

(83)

Amortization of prior service cost

1

1

1

1

Recognized net actuarial loss

1

9

10

2

8

10

Total net periodic benefit cost

$

(6)

$

12

$

6

$

(2)

$

11

$

9