XML 12 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net sales $ 2,326 $ 2,460 $ 6,361 $ 6,735
Cost of products sold, excluding depreciation and amortization 1,838 1,984 5,050 5,487
Depreciation and amortization 63 61 188 174
Selling and administrative expense 90 94 275 291
Restructuring and other 20 40 19 57
Income from operations 315 281 829 726
Loss from early extinguishments of debt 10 0 37 9
Interest expense 59 68 181 202
Interest income (3) (4) (8) (8)
Foreign exchange (5) 9 (22) 14
Income before income taxes 254 208 641 509
Provision for income taxes 48 48 151 134
Net income 206 160 490 375
Net income attributable to noncontrolling interests (23) (19) (59) (48)
Net income attributable to Crown Holdings $ 183 $ 141 $ 431 $ 327
Earnings per common share attributable to Crown Holdings:        
Basic (in usd per share) $ 1.32 $ 1.02 $ 3.11 $ 2.37
Diluted (in usd per share) $ 1.31 $ 1.01 $ 3.09 $ 2.35