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Employee Benefit Obligations | 3 Months Ended
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Mar. 31, 2020
Employee Benefit Obligations |
Employee Benefit Obligations | 17. Employee Benefit Obligations ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, | ​ | December 31,
($ in millions) | ​ | 2020 |  | 2019
​ | ​ | ​ | ​ | ​ | ​ | ​
Underfunded defined benefit pension liabilities | ​ | $ | 929 | ​ | $ | 918
Less: Current portion | ​ | ​ | (24) | ​ | ​ | (24)
Long-term defined benefit pension liabilities | ​ | ​ | 905 | ​ | ​ | 894
Long-term retiree medical liabilities | ​ | ​ | 164 | ​ | ​ | 156
Deferred compensation plans | ​ | ​ | 333 | ​ | ​ | 362
Other | ​ | ​ | 33 | ​ | ​ | 74
​ | ​ | $ | 1,435 | ​ | $ | 1,486
​ Components of net periodic benefit cost associated with the company’s defined benefit pension plans were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31, | ​
​ | ​ | 2020 | ​ | 2019 | ​
($ in millions) |  | U.S. |  | Foreign |  | Total |  | U.S. |  | Foreign |  | Total | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Ball-sponsored plans: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Service cost | ​ | $ | 16 | ​ | $ | 4 | ​ | $ | 20 | ​ | $ | 12 | ​ | $ | 3 | ​ | $ | 15 | ​
Interest cost | ​ | ​ | 20 | ​ | ​ | 14 | ​ | ​ | 34 | ​ | ​ | 25 | ​ | ​ | 18 | ​ | ​ | 43 | ​
Expected return on plan assets | ​ | ​ | (31) | ​ | ​ | (21) | ​ | ​ | (52) | ​ | ​ | (28) | ​ | ​ | (28) | ​ | ​ | (56) | ​
Amortization of prior service cost | ​ | ​ | — | ​ | ​ | 1 | ​ | ​ | 1 | ​ | ​ | — | ​ | ​ | 1 | ​ | ​ | 1 | ​
Recognized net actuarial loss | ​ | ​ | 10 | ​ | ​ | 1 | ​ | ​ | 11 | ​ | ​ | 6 | ​ | ​ | 1 | ​ | ​ | 7 | ​
Total net periodic benefit cost | ​ | $ | 15 | ​ | $ | (1) | ​ | $ | 14 | ​ | $ | 15 | ​ | $ | (5) | ​ | $ | 10 | ​
​ Non-service pension income of $6 million for the three months ended March 31, 2020 and 2019, is included in selling, general, and administrative (SG&A) expenses. ​ Contributions to the company’s defined benefit pension plans were $11 million for the first three months of 2020 compared to $6 million for the first three months of 2019, and such contributions are expected to be approximately $90 million for the full year of 2020. This estimate may change based on changes to the U.S. Pension Protection Act, effects of the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the return achieved on actual plan assets, among other factors. ​ In April 2020, Ball completed the purchase of non-participating group annuity contracts that were transferred to an insurance company for benefit obligations related to the certain of the company’s U.S. pension plans. The purchase will trigger settlement accounting and result in the recognition of settlement losses recorded in business consolidation and other activities that are expected to be approximately $100 million.

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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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 712 -URI http://asc.fasb.org/topic&trid=2197446 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -URI http://asc.fasb.org/topic&trid=2127225 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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