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Employee Benefit Obligations (Tables)

9 Months Ended

Sep. 30, 2025

Employee Benefit Obligations

Schedule of employee benefit obligations

​

​	​	​	​	​	​	​
​	​	September 30,		​	December 31,
($ in millions)	​	2025			2024
​	​	​	​	​	​	​
Underfunded defined benefit pension liabilities	​	$	226	​	$	263
Less: Current portion	​	​	(21)	​	​	(20)
Long-term defined benefit pension liabilities	​	​	205	​	​	243
Long-term retiree medical liabilities	​	​	74	​	​	79
Deferred compensation plans	​	​	173	​	​	206
Other	​	​	69	​	​	49
​	​	$	521	​	$	577

Defined Benefit Pension Plans

Employee Benefit Obligations

Components of net periodic benefit cost

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended September 30,

​

​

2025

​

2024

($ in millions)

U.S.

Non-U.S.

Total

U.S.

Non-U.S.

Total

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Ball-sponsored plans:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Service cost

​

$

4

​

$

—

​

$

4

​

$

4

​

$

1

​

$

5

Interest cost

​

​

14

​

​

23

​

​

37

​

​

15

​

​

21

​

​

36

Expected return on plan assets

​

​

(20)

​

​

(22)

​

​

(42)

​

​

(22)

​

​

(21)

​

​

(43)

Amortization of prior service cost

​

​

—

​

​

1

​

​

1

​

​

—

​

​

1

​

​

1

Recognized net actuarial loss

​

​

1

​

​

4

​

​

5

​

​

1

​

​

4

​

​

5

Total net periodic benefit cost

​

$

(1)

​

$

6

​

$

5

​

$

(2)

​

$

6

​

$

4

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Nine Months Ended September 30,

​

​

2025

​

2024

($ in millions)

U.S.

Non-U.S.

Total

U.S.

Non-U.S.

Total

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Ball-sponsored plans:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Service cost

​

$

11

​

$

—

​

$

11

​

$

12

​

$

2

​

$

14

Interest cost

​

​

43

​

​

68

​

​

111

​

​

45

​

​

62

​

​

107

Expected return on plan assets

​

​

(59)

​

​

(66)

​

​

(125)

​

​

(66)

​

​

(60)

​

​

(126)

Amortization of prior service cost

​

​

—

​

​

2

​

​

2

​

​

—

​

​

2

​

​

2

Recognized net actuarial loss

​

​

2

​

​

13

​

​

15

​

​

3

​

​

11

​

​

14

Total net periodic benefit cost

​

$

(3)

​

$

17

​

$

14

​

$

(6)

​

$

17

​

$

11

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