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Ball Corporation BALL Operating Segments — Defined Benefit Plan Settlements Plan Assets

Discontinued — last reported Q4 '15

Similar metrics at other companies

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KMBCorporate And Other — Defined Benefit Plan Settlements Plan Assets
-$339.5M
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RRXDefined Benefit Plan Settlements Plan Assets
$75K-57.1%
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DOWCorporate Segment — Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment
-$80.75M
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PPGNon Us — Defined Benefit Plan Settlements Plan Assets
$6M+84.6%
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USFDReportable Segment — Recognition of net actuarial loss for pension settlement
$0-100%
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RRXDefined Benefit Plan, Plan Assets, Divestiture
$0-100%

Other financials

Income statement

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Revenue$3.6B+16.3%
Gross profit$646.0M+7.0%
Operating income$196.0M-26.6%
Net income$205.0M+14.5%
EPS (diluted)$0.77+22.2%

Balance sheet

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Cash & equivalents$730.0M+62.6%
Total debt$7.9B+16.0%
Total equity$5.6B+1.8%
Total assets$19.8B+9.6%

Cash flow

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Operating cash flow-$777.0M-16.8%
CapEx$161.0M+98.8%
Free cash flow-$938.0M-25.7%

Valuation

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Market cap$15.37B+7.0%
Enterprise value$22.53B+8.7%
P/E16.3×-12.0×
P/S1.1×-0.1×

Profitability

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Gross margin19.2%-1.2pp
Operating margin9.6%+2.1pp
Net margin6.9%+2.7pp

Returns & leverage

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Return on equity17%+9.0pp
Debt / equity1.4×+0.2×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by Ball Corporation in its filing.

Tagged under the XBRL concept us-gaap:DefinedBenefitPlanSettlementsPlanAssets.

The official record: Ball Corporation’s 10-K, filed February 16, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — defined benefit plan settlements plan assets mean?
The value of assets taken out of a pension fund when the company settles its obligations to plan members.
How do you interpret operating segments — defined benefit plan settlements plan assets?
An increase indicates significant pension plan de-risking or restructuring, which can impact cash flow and long-term liabilities.
How does operating segments — defined benefit plan settlements plan assets compare across companies?
Comparable to pension plan settlement or curtailment activity reported by large corporations with legacy defined benefit plans.