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Business Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2015
Business Segment Information |
Summary of business by segment |
|  | Three Months Ended September 30, |  | Nine Months Ended September 30, |
($ in millions) |  | 2015 |  | 2014 |  | 2015 |  | 2014 |
Net sales |  |  |  |  |  |  |  |  |
Metal beverage packaging, Americas & Asia |  | $ | 1,072.3 |  | $ | 1,079.6 |  | $ | 3,226.9 |  | $ | 3,207.3 |
Metal beverage packaging, Europe |  | 450.1 |  | 489.2 |  | 1,310.3 |  | 1,497.8 |
Metal food & household products packaging |  | 372.0 |  | 450.6 |  | 1,012.3 |  | 1,159.4 |
Aerospace & technologies |  | 203.4 |  | 221.7 |  | 648.4 |  | 683.5 |
Corporate and intercompany eliminations |  | (0.8 | ) | (2.2 | ) | (5.5 | ) | (10.4 | )
Net sales |  | $ | 2,097.0 |  | $ | 2,238.9 |  | $ | 6,192.4 |  | $ | 6,537.6 |
Net earnings |  |  |  |  |  |  |  |  |
Metal beverage packaging, Americas & Asia |  | $ | 131.9 |  | $ | 133.7 |  | $ | 383.4 |  | $ | 400.8 |
Business consolidation and other activities |  | (21.2 | ) | (0.1 | ) | (23.8 | ) | 1.7 |
Total metal beverage packaging, Americas & Asia |  | 110.7 |  | 133.6 |  | 359.6 |  | 402.5 |
Metal beverage packaging, Europe |  | 61.1 |  | 63.8 |  | 149.6 |  | 193.0 |
Business consolidation and other activities |  | (1.3 | ) | (4.3 | ) | (8.6 | ) | (6.6 | )
Total metal beverage packaging, Europe |  | 59.8 |  | 59.5 |  | 141.0 |  | 186.4 |
Metal food & household products packaging |  | 30.6 |  | 43.0 |  | 89.5 |  | 119.1 |
Business consolidation and other activities |  | (0.1 | ) | (4.5 | ) | (1.0 | ) | (11.6 | )
Total metal food & household products packaging |  | 30.5 |  | 38.5 |  | 88.5 |  | 107.5 |
Aerospace & technologies |  | 21.4 |  | 21.2 |  | 60.9 |  | 70.1 |
Business consolidation and other activities |  | — |  | — |  | 0.7 |  | — |
Total aerospace & technologies |  | 21.4 |  | 21.2 |  | 61.6 |  | 70.1 |
Segment earnings before interest and taxes |  | 222.4 |  | 252.8 |  | 650.7 |  | 766.5 |
Undistributed corporate expenses and intercompany eliminations, net |  | (17.0 | ) | (24.5 | ) | (69.3 | ) | (63.9 | )
Business consolidation and other activities |  | (129.3 | ) | (0.3 | ) | (105.6 | ) | (1.3 | )
Total undistributed corporate expenses and intercompany eliminations, net |  | (146.3 | ) | (24.8 | ) | (174.9 | ) | (65.2 | )
Earnings before interest and taxes |  | 76.1 |  | 228.0 |  | 475.8 |  | 701.3 |
Interest expense |  | (37.5 | ) | (40.1 | ) | (107.0 | ) | (120.9 | )
Debt refinancing and other costs |  | (21.0 | ) | — |  | (85.9 | ) | (33.1 | )
Total interest expense |  | (58.5 | ) | (40.1 | ) | (192.9 | ) | (154.0 | )
Tax (provision) benefit |  | 31.0 |  | (39.8 | ) | (47.9 | ) | (139.6 | )
Equity in results of affiliates, net of tax |  | 1.5 |  | 0.3 |  | 3.4 |  | 1.9 |
Net earnings |  | 50.1 |  | 148.4 |  | 238.4 |  | 409.6 |
Less net earnings attributable to noncontrolling interests |  | (5.6 | ) | (1.0 | ) | (12.8 | ) | (15.6 | )
Net earnings attibutable to Ball Corporation |  | $ | 44.5 |  | $ | 147.4 |  | $ | 225.6 |  | $ | 394.0 |
|  | September 30, |  | December 31, |
($ in millions) |  | 2015 |  | 2014 |
Total Assets |  |  |  |  |
Metal beverage packaging, Americas & Asia |  | $ | 3,534.4 |  | $ | 3,422.8 |
Metal beverage packaging, Europe |  | 2,309.6 |  | 2,274.5 |
Metal food & household products packaging |  | 1,645.1 |  | 1,508.1 |
Aerospace & technologies |  | 401.2 |  | 411.6 |
Segment assets |  | 7,890.3 |  | 7,617.0 |
Corporate assets, net of eliminations |  | (163.3 | ) | (46.0 | )
Total assets |  | $ | 7,727.0 |  | $ | 7,571.0 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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