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BALL Corp (BLL)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Net sales  13,811.011,781.011,474.011,635.010,983.09,061.07,997.08,570.0
            Net sales growth  17.2%2.7%-1.4%5.9%21.2%13.3%-6.7%1.2%
Costs and expenses          
Cost of sales (excluding depreciation and amortization)  -11,085.0-9,323.0-9,203.0-9,329.0-8,717.0   
Depreciation and amortization  700.0668.0678.0702.0729.0453.0286.0281.0
Selling, general and administrative  593.0525.0417.0478.0514.0512.0450.0466.0
Business consolidation and other activities  -142.0-262.0-244.0-191.0-221.0-337.0-195.0-81.0
Total costs and expenses  12,520.010,778.010,542.010,700.010,181.08,598.07,391.07,731.0
    Earnings (loss) before interest and taxes  1,291.01,003.0932.0935.0802.0463.0606.0839.0
            Operating margin  9.3%8.5%8.1%8.0%7.3%5.1%7.6%9.8%
Interest expense  -270.0-275.0-317.0-301.0-285.0-229.0-143.0-160.0
Total interest expense  -553.0-591.0-641.0-603.0-573.0-567.0-403.0-33.0
Earnings (loss) before taxes  1,008.0687.0608.0633.0514.0125.0346.0646.0
Tax (provision) benefit  -156.0-99.0-71.0-185.0-165.0126.0-47.0150.0
            Tax rate  15.5%14.4%11.7%29.2%32.1% 13.6% 
Equity in results of affiliates, net of tax  26.0-6.0-1.05.031.015.04.02.0
    Net earnings (loss)  878.0582.0536.0453.0380.0266.0303.0498.0
Net earnings attributable to noncontrolling interests   3.030.01.0-6.0-3.0-22.0-28.0
    Net earnings (loss) attributable to Ball Corporation  878.0585.0566.0454.0374.0263.0281.0470.0
   
Earnings (loss) per share:          
Basic (in dollars per share)  $2.69$1.79$1.71$1.32$1.07$0.83$1.02$3.39
Diluted (in dollars per share)  $2.65$1.76$1.66$1.29$1.05$0.81$1.00$3.30
   
Weighted average shares outstanding: (000s)          
Basic (in shares)  326.0326.3331.1344.8350.3316.5274.6138.5
Diluted (in shares)  331.6332.8340.1352.3357.0322.9282.0142.4

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