2024 Q2 Form 10-Q Financial Statement
#000155837024006975 Filed on May 07, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
Revenue | $2.959B | $2.874B | $3.489B |
YoY Change | -17.02% | -17.63% | -6.11% |
Cost Of Revenue | $2.357B | $2.283B | $2.845B |
YoY Change | -19.17% | -19.75% | -5.67% |
Gross Profit | $602.0M | $591.0M | $644.0M |
YoY Change | -7.38% | -8.23% | -8.0% |
Gross Profit Margin | 20.34% | 20.56% | 18.46% |
Selling, General & Admin | $139.0M | $211.0M | $131.0M |
YoY Change | -15.76% | 61.07% | -29.57% |
% of Gross Profit | 23.09% | 35.7% | 20.34% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $116.0M | $167.0M | $127.0M |
YoY Change | -31.76% | 31.5% | -9.29% |
% of Gross Profit | 19.27% | 28.26% | 19.72% |
Operating Expenses | $139.0M | $369.0M | $131.0M |
YoY Change | -58.51% | 181.68% | -29.57% |
Operating Profit | $463.0M | $222.0M | $327.0M |
YoY Change | 46.98% | -32.11% | -46.39% |
Interest Expense | -$49.00M | -$93.00M | -$113.0M |
YoY Change | -57.39% | -17.7% | 63.77% |
% of Operating Profit | -10.58% | -41.89% | -34.56% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $200.0M | $101.0M | $214.0M |
YoY Change | -2.91% | -52.8% | -60.44% |
Income Tax | $49.00M | $27.00M | $41.00M |
% Of Pretax Income | 24.5% | 26.73% | 19.16% |
Net Earnings | $159.0M | $3.685B | $180.0M |
YoY Change | -8.09% | 1947.22% | -59.73% |
Net Earnings / Revenue | 5.37% | 128.22% | 5.16% |
Basic Earnings Per Share | $0.51 | $11.70 | $0.56 |
Diluted Earnings Per Share | $0.51 | $11.61 | $0.56 |
COMMON SHARES | |||
Basic Shares Outstanding | 310.4M | 315.6M | 314.4M |
Diluted Shares Outstanding | 312.0M | 317.4M | 316.7M |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.346B | $1.719B | $572.0M |
YoY Change | 40.94% | 200.52% | 30.89% |
Cash & Equivalents | $1.346B | $1.719B | $572.0M |
Short-Term Investments | |||
Other Short-Term Assets | $229.0M | $257.0M | $183.0M |
YoY Change | 10.63% | 40.44% | -56.22% |
Inventory | $1.426B | $1.498B | $2.191B |
Prepaid Expenses | |||
Receivables | $2.193B | $3.050B | $2.072B |
Other Receivables | $518.0M | $0.00 | $489.0M |
Total Short-Term Assets | $5.752B | $6.524B | $5.507B |
YoY Change | 5.83% | 18.47% | -12.67% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.875B | $6.634B | $7.621B |
YoY Change | -11.13% | -12.95% | 6.95% |
Goodwill | $4.190B | $4.211B | $4.255B |
YoY Change | -1.85% | -1.03% | -1.6% |
Intangibles | $1.159B | $1.199B | $1.389B |
YoY Change | -15.15% | -13.68% | -14.63% |
Long-Term Investments | $221.0M | $226.0M | $198.0M |
YoY Change | 9.95% | 14.14% | 4.21% |
Other Assets | $1.313B | $1.330B | $1.755B |
YoY Change | 12.8% | -24.22% | -11.63% |
Total Long-Term Assets | $13.21B | $13.37B | $14.60B |
YoY Change | -10.36% | -8.41% | -0.12% |
TOTAL ASSETS | |||
Total Short-Term Assets | $5.752B | $6.524B | $5.507B |
Total Long-Term Assets | $13.21B | $13.37B | $14.60B |
Total Assets | $18.96B | $19.90B | $20.11B |
YoY Change | -6.0% | -1.05% | -3.9% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.174B | $5.103B | $3.647B |
YoY Change | -7.54% | 39.92% | -27.44% |
Accrued Expenses | $266.0M | $337.0M | $340.0M |
YoY Change | -26.72% | -0.88% | -6.08% |
Deferred Revenue | $76.00M | $99.00M | $304.0M |
YoY Change | -71.54% | -67.43% | 29.91% |
Short-Term Debt | $274.0M | $278.0M | $514.0M |
YoY Change | -29.74% | -45.91% | 77.85% |
Long-Term Debt Due | $276.0M | $281.0M | $1.842B |
YoY Change | -85.12% | -84.74% | 45950.0% |
Total Short-Term Liabilities | $4.889B | $5.384B | $7.220B |
YoY Change | -29.41% | -25.43% | 11.32% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $5.517B | $5.519B | $7.322B |
YoY Change | -26.51% | -24.62% | -11.41% |
Other Long-Term Liabilities | $358.0M | $1.618B | $488.0M |
YoY Change | -72.65% | 231.56% | -1.21% |
Total Long-Term Liabilities | $358.0M | $7.137B | $488.0M |
YoY Change | -95.94% | 1362.5% | -1.21% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.889B | $5.384B | $7.220B |
Total Long-Term Liabilities | $358.0M | $7.137B | $488.0M |
Total Liabilities | $11.98B | $12.52B | $16.40B |
YoY Change | -26.67% | -23.66% | -3.35% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $11.48B | $11.39B | $7.422B |
YoY Change | 52.41% | 53.41% | 2.74% |
Common Stock | $1.370B | $1.352B | $1.268B |
YoY Change | 6.12% | 6.62% | 3.43% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $6.913B | $7.377B | $3.639B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $18.96B | $19.90B | $20.11B |
YoY Change | -6.0% | -1.05% | -3.9% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $159.0M | $3.685B | $180.0M |
YoY Change | -8.09% | 1947.22% | -59.73% |
Depreciation, Depletion And Amortization | $116.0M | $167.0M | $127.0M |
YoY Change | -31.76% | 31.5% | -9.29% |
Cash From Operating Activities | $252.0M | -$1.247B | -$275.0M |
YoY Change | -60.38% | 353.45% | -65.8% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $106.0M | $154.0M | $343.0M |
YoY Change | -60.0% | -55.1% | -5.25% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $18.00M | $5.446B | -$7.000M |
YoY Change | -700.0% | -77900.0% | -61.11% |
Cash From Investing Activities | -$88.00M | $5.292B | -$336.0M |
YoY Change | -67.16% | -1675.0% | 630.43% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $3.277B | $1.000M | |
YoY Change | 327600.0% | 0.0% | |
Cash From Financing Activities | -518.0M | -2.978B | 649.0M |
YoY Change | 10260.0% | -558.86% | -9.23% |
NET CHANGE | |||
Cash From Operating Activities | 252.0M | -1.247B | -275.0M |
Cash From Investing Activities | -88.00M | 5.292B | -336.0M |
Cash From Financing Activities | -518.0M | -2.978B | 649.0M |
Net Change In Cash | -354.0M | 1.067B | 36.00M |
YoY Change | -197.52% | 2863.89% | -127.07% |
FREE CASH FLOW | |||
Cash From Operating Activities | $252.0M | -$1.247B | -$275.0M |
Capital Expenditures | $106.0M | $154.0M | $343.0M |
Free Cash Flow | $146.0M | -$1.401B | -$618.0M |
YoY Change | -60.65% | 126.7% | -47.0% |
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CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
154000000 | |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
27000000 | |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
33000000 | |
CY2024Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5000000 | |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
7000000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
79000000 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
128000000 | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
3607000000 | |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
52000000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
3686000000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
180000000 | |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3000000 | |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
3685000000 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
177000000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.25 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.40 | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
11.45 | |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.16 | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
11.70 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.56 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.25 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.40 | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
11.36 | |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.16 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
11.61 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.56 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
314950000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
314236000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
317385000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
316667000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
3686000000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
180000000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-87000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
20000000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-141000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-1000000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
|
8000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
|
29000000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
62000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
50000000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
39000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
8000000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
23000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
42000000 | |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
3709000000 | |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
222000000 | |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1000000 | |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
3000000 | |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
3708000000 | |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
219000000 | |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1719000000 | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
695000000 | |
CY2024Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
3050000000 | |
CY2023Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
2057000000 | |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
1498000000 | |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
1531000000 | |
CY2024Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
225000000 | |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
231000000 | |
CY2024Q1 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current Other
AssetsHeldForSaleNotPartOfDisposalGroupCurrentOther
|
32000000 | |
CY2023Q4 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group Current Other
AssetsHeldForSaleNotPartOfDisposalGroupCurrentOther
|
369000000 | |
CY2024Q1 | us-gaap |
Assets Current
AssetsCurrent
|
6524000000 | |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
4883000000 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
6634000000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
6715000000 | |
CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
4211000000 | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
4250000000 | |
CY2024Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1199000000 | |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1248000000 | |
CY2024Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1330000000 | |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1354000000 | |
CY2023Q4 | ball |
Noncurrent Assets Held For Sale
NoncurrentAssetsHeldForSale
|
853000000 | |
CY2024Q1 | us-gaap |
Assets
Assets
|
19898000000 | |
CY2023Q4 | us-gaap |
Assets
Assets
|
19303000000 | |
CY2024Q1 | us-gaap |
Debt Current
DebtCurrent
|
281000000 | |
CY2023Q4 | us-gaap |
Debt Current
DebtCurrent
|
1065000000 | |
CY2024Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3257000000 | |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3661000000 | |
CY2024Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
257000000 | |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
245000000 | |
CY2024Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1589000000 | |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
779000000 | |
CY2023Q4 | ball |
Current Liabilities Held For Sale
CurrentLiabilitiesHeldForSale
|
435000000 | |
CY2024Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
5384000000 | |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6185000000 | |
CY2024Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
5519000000 | |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
7504000000 | |
CY2024Q1 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
645000000 | |
CY2023Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
735000000 | |
CY2024Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
591000000 | |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
421000000 | |
CY2024Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
382000000 | |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
384000000 | |
CY2023Q4 | ball |
Noncurrent Liabilities Held For Sale
NoncurrentLiabilitiesHeldForSale
|
237000000 | |
CY2024Q1 | us-gaap |
Liabilities
Liabilities
|
12521000000 | |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
15466000000 | |
CY2024Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
683560199 | |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
683241401 | |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
1352000000 | |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1312000000 | |
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
11386000000 | |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
7763000000 | |
CY2024Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-893000000 | |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-916000000 | |
CY2024Q1 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
370544422 | |
CY2023Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
367551366 | |
CY2024Q1 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
4537000000 | |
CY2023Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
4390000000 | |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7308000000 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3769000000 | |
CY2024Q1 | us-gaap |
Minority Interest
MinorityInterest
|
69000000 | |
CY2023Q4 | us-gaap |
Minority Interest
MinorityInterest
|
68000000 | |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7377000000 | |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3837000000 | |
CY2024Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
19898000000 | |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
19303000000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
3686000000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
180000000 | |
CY2024Q1 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
167000000 | |
CY2023Q1 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
166000000 | |
CY2024Q1 | ball |
Restructuring And Other Activities
RestructuringAndOtherActivities
|
26000000 | |
CY2023Q1 | ball |
Restructuring And Other Activities
RestructuringAndOtherActivities
|
20000000 | |
CY2024Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
176000000 | |
CY2024Q1 | us-gaap |
Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
|
4695000000 | |
CY2024Q1 | us-gaap |
Pension Expense Reversal Of Expense Noncash
PensionExpenseReversalOfExpenseNoncash
|
-10000000 | |
CY2023Q1 | us-gaap |
Pension Expense Reversal Of Expense Noncash
PensionExpenseReversalOfExpenseNoncash
|
-4000000 | |
CY2024Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
46000000 | |
CY2023Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
49000000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
643000000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
686000000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1247000000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-275000000 | |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
154000000 | |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
343000000 | |
CY2024Q1 | us-gaap |
Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
5422000000 | |
CY2024Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-24000000 | |
CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-7000000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
5292000000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-336000000 | |
CY2024Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
450000000 | |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
600000000 | |
CY2024Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
3277000000 | |
CY2023Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1000000 | |
CY2024Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
77000000 | |
CY2023Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
101000000 | |
CY2024Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
182000000 | |
CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
3000000 | |
CY2024Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
63000000 | |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
63000000 | |
CY2024Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
17000000 | |
CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
15000000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2978000000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
649000000 | |
CY2024Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-52000000 | |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-2000000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1015000000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
36000000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
710000000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
558000000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1725000000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
594000000 | |
CY2024Q1 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">1. Basis of Presentation</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:12pt;font-weight:bold;visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">The accompanying unaudited condensed consolidated financial statements (consolidated financial statements) include the accounts of Ball Corporation and its controlled affiliates, including its consolidated variable interest entities (collectively Ball, the company, we or our), and have been prepared by the company. Certain information and footnote disclosures, including critical and significant accounting policies normally included in consolidated financial statements prepared in accordance with generally accepted accounting principles, have been condensed or omitted for this quarterly presentation.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Results of operations for the periods shown are not necessarily indicative of results for the year, particularly in view of the seasonality in the packaging segments. These consolidated financial statements and accompanying notes should be read in conjunction with the consolidated financial statements and the notes thereto included in the company’s 2023 Annual Report on Form 10-K filed on February 20, 2024, pursuant to the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2023 (annual report).</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) requires Ball’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements and reported amounts of revenues and expenses during the reporting periods. These estimates are based on historical experience and various assumptions believed to be reasonable under the circumstances. Ball’s management evaluates these estimates on an ongoing basis and adjusts or revises the estimates as circumstances change. As future events and their impacts cannot be determined with precision, actual results may differ from these estimates. In the opinion of management, the consolidated financial statements reflect all adjustments that are of a normal recurring nature and are necessary to fairly state the results of the periods presented.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">On February 16, 2024, the company completed the divestiture of its aerospace business. The transaction represents a strategic shift; therefore, the company’s consolidated financial statements reflect the aerospace business’ financial results as discontinued operations for all periods presented. The aerospace business was historically presented as a reportable segment. Effective as of the first quarter of 2024, the company will report its financial performance in three reportable segments: (1) beverage packaging, North and Central America; (2) beverage packaging, Europe, Middle East and Africa (beverage packaging, EMEA) and (3) beverage packaging, South America. See <a href="#Note3"><span style="font-style:normal;font-weight:normal;">Note 3</span></a> for additional segment information. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Unless otherwise specified, these notes to the unaudited condensed consolidated financial statements reflect continuing operations only.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Certain prior year amounts, including amounts related to discontinued operations, have been reclassified in order to conform to the current year presentation. See <a href="#Note4"><span style="font-style:normal;font-weight:normal;">Note 4</span></a> for additional discontinued operations information.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;">Risks and Uncertainties</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><i style="font-style:italic;">Global Economic Environment</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-style:italic;font-weight:bold;visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Recent data has indicated continued high inflation in the regions where we operate. Current and future inflationary effects may continue to be impacted by, among other things, supply chain disruptions, governmental stimulus or fiscal and monetary policies, changes in interest rates, and changing demand for certain goods and services. We cannot predict with any certainty the impact that rising interest rates, a global or any regional recession, or higher inflation may have on our customers or suppliers. Additionally, we are unable to predict the potential effects that any future pandemic, or the continuation or escalation of global conflicts, including the conflict between Russia and Ukraine and the rising instability in the Middle East, and related sanctions or market disruptions, may have on our business. It remains uncertain how long any of these conditions may last or how severe any of them may become.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Ball management has reviewed the estimates used in preparing the company’s consolidated financial statements and the following have a reasonably possible likelihood of being affected, to a material extent, by the direct and indirect impacts of the current global economic environment in the near term. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:18pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">Estimates regarding the future financial performance of the business used in the impairment tests for goodwill, long-lived assets, equity method investments, recoverability of deferred tax assets and estimates regarding cash needs and associated indefinite reinvestment assertions;</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:18pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">Estimates of recoverability for customer receivables;</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:18pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">Estimates of net realizable value for inventory; and</span></td></tr></table><table style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:18pt;"></td><td style="font-family:'Times New Roman','Times','serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">●</td><td style="padding:0pt;"><span style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:normal;font-weight:normal;">Estimates regarding the likelihood of forecasted transactions associated with hedge accounting positions at March 31, 2024, which could impact the company’s ability to satisfy hedge accounting requirements and result in the recognition of income and/or expenses. </span></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">In addition to the above potential impacts on the estimates used in preparing the consolidated financial statements, the current global economic environment has the potential to increase Ball’s vulnerabilities to near-term severe impacts related to certain concentrations in its business. In line with other companies in the packaging industry, Ball makes the majority of its sales and significant purchases to or from a relatively small number of global, or large regional, customers and suppliers. Furthermore, Ball makes the majority of its sales from a small number of product lines. The potential of the current global economic environment to affect a significant customer or supplier, or to affect demand for certain products to a significant degree, heightens the vulnerability of Ball to these concentrations.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><i style="font-style:italic;">Argentina</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Although Ball's functional currency in Argentina is the U.S. dollar, a portion of its transactions are denominated in pesos. During the fourth quarter of 2023, Argentina suddenly devalued its peso relative to the U.S. dollar as one of the economic policies implemented by the new government with the goal of stabilizing and growing the economy. The government has implemented additional policies with the same goal in mind including additional taxes on the importation of certain goods. The currency devaluation, economic conditions and policies in Argentina make it difficult to manage currency exchange rate risk and may lead to additional adverse effects on the company’s results of operations. Ball’s Argentinean business is presented in its beverage packaging, South America, reportable operating segment. Ball’s peso-denominated net monetary assets in Argentina were approximately $44 million at March 31, 2024. As of March 31, 2024, Ball’s Argentinean business had net asset exposure of $403 million, which consisted primarily of working capital and property, plant and equipment.</p> | |
CY2024Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | |
CY2024Q1 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
573000000 | |
CY2023Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
703000000 | |
CY2024Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
2874000000 | |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
2981000000 | |
CY2024Q1 | ball |
Other Non Reportable Segment Expense Undistributed Corporate Expense And Intercompany Eliminations
OtherNonReportableSegmentExpenseUndistributedCorporateExpenseAndIntercompanyEliminations
|
72000000 | |
CY2023Q1 | ball |
Other Non Reportable Segment Expense Undistributed Corporate Expense And Intercompany Eliminations
OtherNonReportableSegmentExpenseUndistributedCorporateExpenseAndIntercompanyEliminations
|
-15000000 | |
CY2024Q1 | ball |
Restructuring And Other Activities
RestructuringAndOtherActivities
|
26000000 | |
CY2023Q1 | ball |
Restructuring And Other Activities
RestructuringAndOtherActivities
|
20000000 | |
CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
196000000 | |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
267000000 | |
CY2024Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
93000000 | |
CY2023Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
113000000 | |
CY2024Q1 | ball |
Debt Refinancing And Other Debt Related Costs
DebtRefinancingAndOtherDebtRelatedCosts
|
2000000 | |
CY2024Q1 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
95000000 | |
CY2023Q1 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
113000000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
101000000 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
154000000 | |
CY2024Q1 | ball |
Segment Reporting Undistributed Corporate Expenses
SegmentReportingUndistributedCorporateExpenses
|
96000000 | |
CY2023Q1 | ball |
Segment Reporting Undistributed Corporate Expenses
SegmentReportingUndistributedCorporateExpenses
|
10000000 | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
261000000 | |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
508000000 | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
214000000 | |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
413000000 | |
CY2024Q1 | us-gaap |
Depreciation And Amortization Discontinued Operations
DepreciationAndAmortizationDiscontinuedOperations
|
9000000 | |
CY2023Q1 | us-gaap |
Depreciation And Amortization Discontinued Operations
DepreciationAndAmortizationDiscontinuedOperations
|
19000000 | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
11000000 | |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
16000000 | |
CY2024Q1 | us-gaap |
Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
|
4695000000 | |
CY2024Q1 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-1115000000 | |
CY2023Q1 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-8000000 | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
3607000000 | |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
52000000 | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
|
277000000 | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
|
56000000 | |
CY2023Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
333000000 | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment Noncurrent
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNoncurrent
|
665000000 | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
|
188000000 | |
CY2023Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
1186000000 | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Payable Current
DisposalGroupIncludingDiscontinuedOperationAccountsPayableCurrent
|
92000000 | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accrued Liabilities Current
DisposalGroupIncludingDiscontinuedOperationAccruedLiabilitiesCurrent
|
88000000 | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Deferred Revenue Current
DisposalGroupIncludingDiscontinuedOperationDeferredRevenueCurrent
|
221000000 | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Current Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities
|
34000000 | |
CY2023Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
435000000 | |
CY2023Q4 | ball |
Disposal Group Including Discontinued Operation Accrued Employee Costs Noncurrent
DisposalGroupIncludingDiscontinuedOperationAccruedEmployeeCostsNoncurrent
|
163000000 | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentLiabilities
|
74000000 | |
CY2023Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
672000000 | |
CY2024Q1 | us-gaap |
Depreciation And Amortization Discontinued Operations
DepreciationAndAmortizationDiscontinuedOperations
|
9000000 | |
CY2023Q1 | us-gaap |
Depreciation And Amortization Discontinued Operations
DepreciationAndAmortizationDiscontinuedOperations
|
19000000 | |
CY2024Q1 | us-gaap |
Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
|
4695000000 | |
CY2024Q1 | us-gaap |
Capital Expenditure Discontinued Operations
CapitalExpenditureDiscontinuedOperations
|
13000000 | |
CY2023Q1 | us-gaap |
Capital Expenditure Discontinued Operations
CapitalExpenditureDiscontinuedOperations
|
24000000 | |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
2874000000 | |
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
2981000000 | |
CY2023Q1 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
0 | |
CY2024Q1 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
0 | |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
13000000 | |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
15000000 | |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
114000000 | |
CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
3000000 | |
CY2024Q1 | ball |
Increase Decrease Contract With Customer Liability Current
IncreaseDecreaseContractWithCustomerLiabilityCurrent
|
-15000000 | |
CY2024Q1 | ball |
Increase Decrease Contract With Customer Liability Noncurrent
IncreaseDecreaseContractWithCustomerLiabilityNoncurrent
|
-1000000 | |
CY2024Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
99000000 | |
CY2024Q1 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
2000000 | |
CY2024Q1 | ball |
Increase Decrease Contract With Customer Liability
IncreaseDecreaseContractWithCustomerLiability
|
-16000000 | |
CY2024Q1 | ball |
Contract With Customer Liability Cash Received
ContractWithCustomerLiabilityCashReceived
|
73000000 | |
CY2024Q1 | ball |
Total Revenue Recognized From Both Beginning Balance And Current Period Increase In Contract Liability
TotalRevenueRecognizedFromBothBeginningBalanceAndCurrentPeriodIncreaseInContractLiability
|
89000000 | |
CY2024Q1 | ball |
Contract With Customer Liability Revenue Recognized From Opening Balance Current
ContractWithCustomerLiabilityRevenueRecognizedFromOpeningBalanceCurrent
|
89000000 | |
CY2004Q1 | ball |
Restructuring And Other Activities
RestructuringAndOtherActivities
|
-26000000 | |
CY2003Q1 | ball |
Restructuring And Other Activities
RestructuringAndOtherActivities
|
-20000000 | |
CY2024Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2585000000 | |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1670000000 | |
CY2024Q1 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
465000000 | |
CY2023Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
387000000 | |
CY2024Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
3050000000 | |
CY2023Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
2057000000 | |
CY2024Q1 | ball |
Sale Of Receivables Under Accounts Receivable Factoring Program Amount Maximum
SaleOfReceivablesUnderAccountsReceivableFactoringProgramAmountMaximum
|
1860000000 | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
695000000 | |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
548000000 | |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
15000000 | |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
10000000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
710000000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
558000000 | |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1719000000 | |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
572000000 | |
CY2024Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
6000000 | |
CY2023Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
22000000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1725000000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
594000000 | |
CY2023 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
204000000 | |
CY2022 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
392000000 | |
CY2024Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
168000000 | |
CY2023Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
321000000 | |
CY2024Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
2050000000 | |
CY2023Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1165000000 | |
CY2024Q1 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
548000000 | |
CY2023Q4 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
520000000 | |
CY2023 | ball |
Sale Of Receivables Under Accounts Receivable Factoring Program Amount Maximum
SaleOfReceivablesUnderAccountsReceivableFactoringProgramAmountMaximum
|
2000000000.00 | |
CY2024Q1 | ball |
Sale Of Receivables Under Accounts Receivable Factoring Program Available For Sale
SaleOfReceivablesUnderAccountsReceivableFactoringProgramAvailableForSale
|
1300000000 | |
CY2023Q4 | ball |
Sale Of Receivables Under Accounts Receivable Factoring Program Available For Sale
SaleOfReceivablesUnderAccountsReceivableFactoringProgramAvailableForSale
|
350000000 | |
CY2024Q1 | ball |
Factoring Program Expense Included In Selling General And Administrative Expenses
FactoringProgramExpenseIncludedInSellingGeneralAndAdministrativeExpenses
|
13000000 | |
CY2022Q3 | ball |
Factoring Program Expense Included In Selling General And Administrative Expenses
FactoringProgramExpenseIncludedInSellingGeneralAndAdministrativeExpenses
|
15000000 | |
CY2024Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
1092000000 | |
CY2023Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
1182000000 | |
CY2024Q1 | us-gaap |
Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
|
494000000 | |
CY2023Q4 | us-gaap |
Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
|
440000000 | |
CY2024Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
88000000 | |
CY2023Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
91000000 | |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
1498000000 | |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
1531000000 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
10817000000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
|
10822000000 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
|
4183000000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
|
4107000000 | |
CY2024Q1 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
6634000000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
|
6715000000 | |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
116000000 | |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
109000000 | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
4250000000 | |
CY2024Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-41000000 | |
CY2024Q1 | us-gaap |
Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
|
2000000 | |
CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
4211000000 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.267 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.214 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.024 | |
CY2024Q1 | ball |
Effective Income Tax Rate Reconciliation Permanent Differences Percent
EffectiveIncomeTaxRateReconciliationPermanentDifferencesPercent
|
0.017 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Gilti Percent
EffectiveIncomeTaxRateReconciliationGiltiPercent
|
0.010 | |
CY2024Q1 | ball |
Effective Income Tax Rate Reconciliation Pillar Two Global Minimum Tax Percent
EffectiveIncomeTaxRateReconciliationPillarTwoGlobalMinimumTaxPercent
|
0.010 | |
CY2024Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1199000000 | |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1248000000 | |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
42000000 | |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
38000000 | |
CY2024Q1 | us-gaap |
Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
41000000 | |
CY2023Q4 | us-gaap |
Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
41000000 | |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
345000000 | |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
365000000 | |
CY2024Q1 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
226000000 | |
CY2023Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
212000000 | |
CY2024Q1 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
85000000 | |
CY2023Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
114000000 | |
CY2024Q1 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
633000000 | |
CY2023Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
622000000 | |
CY2024Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1330000000 | |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1354000000 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.007 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Gilti Percent
EffectiveIncomeTaxRateReconciliationGiltiPercent
|
0.009 | |
CY2023Q1 | ball |
Effective Income Tax Rate Reconciliation Permanent Differences Percent
EffectiveIncomeTaxRateReconciliationPermanentDifferencesPercent
|
0.007 | |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
345000000 | |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
365000000 | |
CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
80000000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
83000000 | |
CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
273000000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
287000000 | |
CY2024Q1 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
8000000 | |
CY2023Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
8000000 | |
CY2024Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
3000000 | |
CY2023Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
3000000 | |
CY2024Q1 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
7000000 | |
CY2023Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
7000000 | |
CY2024Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
10000000 | |
CY2023Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
10000000 | |
CY2024Q1 | ball |
Debt Issuance Costs Debt Discount Premium And Other Long Term Debt
DebtIssuanceCostsDebtDiscountPremiumAndOtherLongTermDebt
|
52000000 | |
CY2023Q4 | ball |
Debt Issuance Costs Debt Discount Premium And Other Long Term Debt
DebtIssuanceCostsDebtDiscountPremiumAndOtherLongTermDebt
|
60000000 | |
CY2024Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
5522000000 | |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
8360000000 | |
CY2024Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
3000000 | |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
856000000 | |
CY2024Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
5519000000 | |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
7504000000 | |
CY2024Q1 | ball |
Debt Instrument Covenant Maximum Leverage Ratio
DebtInstrumentCovenantMaximumLeverageRatio
|
5.0 | |
CY2024Q1 | ball |
Debt Instrument Covenant Maximum Leverage Ratio Subsequent To Initial Period
DebtInstrumentCovenantMaximumLeverageRatioSubsequentToInitialPeriod
|
4.5 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.011 | |
CY2024Q1 | us-gaap |
Defined Benefit Pension Plan Current And Noncurrent Liabilities
DefinedBenefitPensionPlanCurrentAndNoncurrentLiabilities
|
299000000 | |
CY2023Q4 | us-gaap |
Defined Benefit Pension Plan Current And Noncurrent Liabilities
DefinedBenefitPensionPlanCurrentAndNoncurrentLiabilities
|
323000000 | |
CY2024Q1 | us-gaap |
Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
|
20000000 | |
CY2023Q4 | us-gaap |
Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
|
21000000 | |
CY2024Q1 | us-gaap |
Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
279000000 | |
CY2023Q4 | us-gaap |
Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
302000000 | |
CY2024Q1 | us-gaap |
Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
|
84000000 | |
CY2023Q4 | us-gaap |
Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
|
90000000 | |
CY2024Q1 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
217000000 | |
CY2023Q4 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
280000000 | |
CY2024Q1 | ball |
Other Employee Related Liabilities Noncurrent
OtherEmployeeRelatedLiabilitiesNoncurrent
|
65000000 | |
CY2023Q4 | ball |
Other Employee Related Liabilities Noncurrent
OtherEmployeeRelatedLiabilitiesNoncurrent
|
63000000 | |
CY2024Q1 | us-gaap |
Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
|
645000000 | |
CY2023Q4 | us-gaap |
Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
|
735000000 | |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3837000000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
3686000000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
23000000 | |
CY2024Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
63000000 | |
CY2024Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
196000000 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
|
7000000 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
40000000 | |
CY2024Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-43000000 | |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7377000000 | |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3527000000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
180000000 | |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
63000000 | |
CY2023Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
3000000 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
|
8000000 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
8000000 | |
CY2023Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-9000000 | |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3708000000 | |
CY2024Q2 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
40000000 | |
CY2024Q1 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
78000000 | |
CY2023Q1 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
125000000 | |
CY2024Q1 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
|
3607000000 | |
CY2023Q1 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
|
52000000 | |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
3685000000 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
177000000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
314950000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
314236000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2435000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2431000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
317385000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
316667000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.25 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.40 | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
11.45 | |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.16 | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
11.70 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.56 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.25 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.40 | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
11.36 | |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.16 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
11.61 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.56 | |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.20 | |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.20 | |
CY2024Q1 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
123000000 | |
CY2024Q1 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
12000000 | |
CY2024Q1 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
36000000 | |
CY2024Q1 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
2000000 | |
CY2023Q4 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
109000000 | |
CY2023Q4 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
1000000 | |
CY2023Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
52000000 | |
CY2023Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
1000000 | |
CY2024Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
34000000 | |
CY2024Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
44000000 | |
CY2023Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-16000000 | |
CY2023Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-5000000 | |
CY2024Q1 | us-gaap |
Price Risk Cash Flow Hedge Gain Or Loss Reclassified To Earnings Net
PriceRiskCashFlowHedgeGainOrLossReclassifiedToEarningsNet
|
1000000 | |
CY2023Q1 | us-gaap |
Price Risk Cash Flow Hedge Gain Or Loss Reclassified To Earnings Net
PriceRiskCashFlowHedgeGainOrLossReclassifiedToEarningsNet
|
13000000 | |
CY2024Q1 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
-3000000 | |
CY2024Q1 | us-gaap |
Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
|
-32000000 | |
CY2023Q1 | us-gaap |
Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
|
3000000 | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
5000000 | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
21000000 | |
CY2024Q1 | us-gaap |
Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
|
24000000 | |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |