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Employee Benefit Obligations | 9 Months Ended
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Sep. 30, 2015
Employee Benefit Obligations |
Employee Benefit Obligations | 12.Employee Benefit Obligations
|  | September 30, |  | December 31, |
($ in millions) |  | 2015 |  | 2014 |
Underfunded defined benefit pension liabilities, net |  | $ | 715.8 |  | $ | 724.1 |
Less current portion and prepaid pension assets |  | (17.2 | ) | (19.4 | )
Long-term defined benefit pension liabilities |  | 698.6 |  | 704.7 |
Retiree medical and other postemployment benefits |  | 172.2 |  | 169.0 |
Deferred compensation plans |  | 260.1 |  | 272.2 |
Other |  | 28.6 |  | 32.4 |
|  | $ | 1,159.5 |  | $ | 1,178.3 |
Components of net periodic benefit cost associated with the company’s defined benefit pension plans were:
|  | Three Months Ended September 30, |
|  | 2015 |  | 2014 |
($ in millions) |  | U.S. |  | Foreign |  | Total |  | U.S. |  | Foreign |  | Total |
Ball-sponsored plans: |  |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 13.0 |  | $ | 3.7 |  | $ | 16.7 |  | $ | 11.5 |  | $ | 3.1 |  | $ | 14.6 |
Interest cost |  | 14.4 |  | 4.6 |  | 19.0 |  | 15.6 |  | 6.5 |  | 22.1 |
Expected return on plan assets |  | (19.8 | ) | (4.9 | ) | (24.7 | ) | (20.6 | ) | (4.2 | ) | (24.8 | )
Amortization of prior service cost |  | (0.3 | ) | (0.1 | ) | (0.4 | ) | — |  | (0.2 | ) | (0.2 | )
Recognized net actuarial loss |  | 9.7 |  | 2.3 |  | 12.0 |  | 7.2 |  | 2.0 |  | 9.2 |
Curtailment and settlement losses |  | 5.3 |  |  |  | 5.3 |  | — |  | — |  | — |
Net periodic benefit cost for Ball-sponsored plans |  | 22.3 |  | 5.6 |  | 27.9 |  | 13.7 |  | 7.2 |  | 20.9 |
Net periodic benefit cost for multiemployer plans |  | — |  | — |  | — |  | 0.7 |  | — |  | 0.7 |
Total net periodic benefit cost |  | $ | 22.3 |  | $ | 5.6 |  | $ | 27.9 |  | $ | 14.4 |  | $ | 7.2 |  | $ | 21.6 |
|  | Nine Months Ended September 30, |
|  | 2015 |  | 2014 |
($ in millions) |  | U.S. |  | Foreign |  | Total |  | U.S. |  | Foreign |  | Total |
Ball-sponsored plans: |  |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 39.0 |  | $ | 11.2 |  | $ | 50.2 |  | $ | 34.3 |  | $ | 10.2 |  | $ | 44.5 |
Interest cost |  | 42.9 |  | 13.8 |  | 56.7 |  | 46.8 |  | 19.6 |  | 66.4 |
Expected return on plan assets |  | (59.4 | ) | (14.8 | ) | (74.2 | ) | (61.6 | ) | (12.9 | ) | (74.5 | )
Amortization of prior service cost |  | (0.8 | ) | (0.3 | ) | (1.1 | ) | — |  | (0.4 | ) | (0.4 | )
Recognized net actuarial loss |  | 29.3 |  | 7.0 |  | 36.3 |  | 21.6 |  | 6.2 |  | 27.8 |
Curtailment and settlement losses |  | 5.3 |  | — |  | 5.3 |  | — |  | — |  | — |
Net periodic benefit cost for Ball-sponsored plans |  | 56.3 |  | 16.9 |  | 73.2 |  | 41.1 |  | 22.7 |  | 63.8 |
Net periodic benefit cost for multiemployer plans |  | 1.0 |  | — |  | 1.0 |  | 2.0 |  | — |  | 2.0 |
Total net periodic benefit cost |  | $ | 57.3 |  | $ | 16.9 |  | $ | 74.2 |  | $ | 43.1 |  | $ | 22.7 |  | $ | 65.8 |
Contributions to the company’s defined global benefit pension plans, not including the unfunded German plans, were insignificant in the first nine months of 2015 ($83.6 million in 2014) and are also expected to be insignificant for the full year. This estimate may change based on changes in the U.S. Pension Protection Act and actual plan asset performance, among other factors. Payments to participants in the unfunded German plans were $13.7 million in the first nine months of 2015 and are expected to be approximately $19 million for the full year.

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- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. + References No definition available. + Details
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- References No definition available. + Details
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