XML 42 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales $ 2,278 $ 2,383 $ 4,275 $ 4,376
Cost of products sold, excluding depreciation and amortization 1,843 1,960 3,503 3,621
Depreciation and amortization 62 47 113 82
Gross profit 373 376 659 673
Selling and administrative expense 99 103 197 207
Restructuring and other (3) 31 17 83
Loss from early extinguishments of debt 9 0 9 0
Interest expense 69 66 134 124
Interest income (2) (1) (4) (3)
Foreign exchange (1) 0 5 6
Income before income taxes 202 177 301 256
Provision for income taxes 49 50 86 83
Net income 153 127 215 173
Net income attributable to noncontrolling interests (11) (21) (29) (43)
Net income attributable to Crown Holdings $ 142 $ 106 $ 186 $ 130
Earnings per common share attributable to Crown Holdings:        
Basic (in usd per share) $ 1.03 $ 0.77 $ 1.35 $ 0.95
Diluted (in usd per share) $ 1.02 $ 0.76 $ 1.34 $ 0.94