BALL · 8-K · 20260804PR090074

Capital Expenditures Program

BALL Corp · 2026-08-04 · Importance 83 · Surprise 82 · From source text

Ball invested $302 million in capital expenditures during the first six months of 2026, up 70.6% from $177 million in the prior-year period. Capital expenditures exceeded operating cash flow of negative $169 million, contributing to negative free cash flow of $471 million. Management stated that it continues to maintain flexibility to invest in long-term sustainable EVA-growth projects. The company expects full-year 2026 free cash flow above $900 million.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-1.5%Capital expenditures for six months ended June 30, 2026: $(302) million vs. $(177) million in 2025.
cashnegativerealizedCash provided by (used in) investing activities for six months ended June 30, 2026: $(437) million vs. $(391) million in 2025.