Condensed Combining Financial Information (Tables)

9 Months Ended

Sep. 30, 2018

Crown Cork & Seal Company Inc.

Condensed Combining Statement of Comprehensive Income

CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME

For the three months ended September 30, 2018

(in millions)

	Parent		Issuer			Non- Guarantors			Eliminations			Total Company
Net sales						$	3,174					$	3,174
Cost of products sold, excluding depreciation and amortization						2,530						2,530
Depreciation and amortization						127						127
Selling and administrative expense			$	2		151						153
Restructuring and other						(1		)				(1		)
Income from operations	—		(2		)	367						365
Other pension and postretirement						(13		)				(13		)
Net interest expense			18			81						99
Foreign exchange						(14		)				(14		)
Income/(loss) before income taxes	—		(20		)	313						293
Provision for / (benefit from) income taxes			(1		)	103						102
Equity earnings / (loss) in affiliates	$	164	147			2			$	(311	)	2
Net income	164		128			212			(311		)	193
Net income attributable to noncontrolling interests						(29		)				(29		)
Net income attributable to Crown Holdings	$	164	$	128		$	183		$	(311	)	$	164
Total comprehensive income	$	151	$	62		$	198		$	(232	)	$	179
Comprehensive income attributable to noncontrolling interests						(28		)				(28		)
Comprehensive income attributable to Crown Holdings	$	151	$	62		$	170		$	(232	)	$	151

CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME

For the three months ended September 30, 2017

(in millions)

	Parent		Issuer			Non- Guarantors			Eliminations			Total Company
Net sales						$	2,468					$	2,468
Cost of products sold, excluding depreciation and amortization						1,972						1,972
Depreciation and amortization						63						63
Selling and administrative expense			$	1		88						89
Restructuring and other						16						16
Income from operations			(1		)	329						328
Other pension and postretirement						(19		)				(19		)
Net interest expense			23			37						60
Income/(loss) before income taxes			(24		)	311						287
Provision for / (benefit from) income taxes			(15		)	94						79
Equity earnings / (loss) in affiliates	$	177	155						$	(332	)	—
Net income	177		146			217			(332		)	208
Net income attributable to noncontrolling interests						(31		)				(31		)
Net income attributable to Crown Holdings	$	177	$	146		$	186		$	(332	)	$	177
Total comprehensive income	$	220	$	184		$	261		$	(413	)	$	252
Comprehensive income attributable to noncontrolling interests						(32		)				(32		)
Comprehensive income attributable to Crown Holdings	$	220	$	184		$	229		$	(413	)	$	220

CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME

For the nine months ended September 30, 2018

(in millions)

	Parent			Issuer			Non- Guarantors			Eliminations			Total Company
Net sales							$	8,417					$	8,417
Cost of products sold, excluding depreciation and amortization							6,804						6,804
Depreciation and amortization							305						305
Selling and administrative expense				$	7		395						402
Restructuring and other	$	9					19						28
Income from operations	(9		)	(7		)	894						878
Other pension of postretirement							(47		)				(47		)
Net interest expense				56			209						265
Foreign exchange							14						14
Income/(loss) before income taxes	(9		)	(63		)	718						646
Provision for / (benefit from) income taxes	(2		)	(10		)	208						196
Equity earnings / (loss) in affiliates	393			373			3			$	(766	)	3
Net income	386			320			513			(766		)	453
Net income attributable to noncontrolling interests							(67		)				(67		)
Net income attributable to Crown Holdings	$	386		$	320		$	446		$	(766	)	$	386
Total comprehensive income	$	317		$	224		$	441		$	(601	)	$	381
Comprehensive income attributable to noncontrolling interests							(64		)				(64		)
Comprehensive income attributable to Crown Holdings	$	317		$	224		$	377		$	(601	)	$	317

CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME

For the nine months ended September 30, 2017

(in millions)

	Parent		Issuer			Non- Guarantors			Eliminations			Total Company
Net sales						$	6,530					$	6,530
Cost of products sold, excluding depreciation and amortization						5,235						5,235
Depreciation and amortization						183						183
Selling and administrative expense			$	5		265						270
Restructuring and other			(1		)	31						30
Income from operations			(4		)	816						812
Other pension and postretirement						(43		)				(43		)
Loss from early extinguishment of debt						7						7
Net interest expense			69			108						177
Foreign exchange						4						4
Income/(loss) before income taxes			(73		)	740						667
Provision for / (benefit from) income taxes			(33		)	211						178
Equity earnings / (loss) in affiliates	$	412	384						$	(796	)	—
Net income	412		344			529			(796		)	489
Net income attributable to noncontrolling interests						(77		)				(77		)
Net income attributable to Crown Holdings	$	412	$	344		$	452		$	(796	)	$	412
Total comprehensive Income	$	687	$	429		$	807		$	(1,156	)	$	767
Comprehensive income attributable to noncontrolling interests						(80		)				(80		)
Comprehensive income attributable to Crown Holdings	$	687	$	429		$	727		$	(1,156	)	$	687

Condensed Combining Balance Sheet

CONDENSED COMBINING BALANCE SHEET

As of September 30, 2018

(in millions)

	Parent		Issuer		Non- Guarantors		Eliminations			Total Company
Assets
Current assets
Cash and cash equivalents					$	298				$	298
Receivables, net			$	9	1,959					1,968
Inventories					1,639					1,639
Prepaid expenses and other current assets	$	1	1		191					193
Total current assets	1		10		4,087					4,098
Intercompany debt receivables					3,573		$	(3,573	)	—
Investments	3,471		3,729				(7,200		)	—
Goodwill					4,495					4,495
Intangible assets, net					2,258					2,258
Property, plant and equipment, net					3,722					3,722
Other non-current assets			178		584					762
Total	$	3,472	$	3,917	$	18,719	$	(10,773	)	$	15,335
Liabilities and equity
Current liabilities
Short-term debt					$	53				$	53
Current maturities of long-term debt					89					89
Accounts payable					2,507					2,507
Accrued liabilities	$	16	$	39	897					952
Total current liabilities	16		39		3,546					3,601
Long-term debt, excluding current maturities			387		8,541					8,928
Long-term intercompany debt	2,515		1,058				$	(3,573	)	—
Postretirement and pension liabilities					616					616
Other non-current liabilities			331		549					880
Commitments and contingent liabilities
Noncontrolling interests					369					369
Crown Holdings shareholders’ equity/(deficit)	941		2,102		5,098		(7,200		)	941
Total equity/(deficit)	941		2,102		5,467		(7,200		)	1,310
Total	$	3,472	$	3,917	$	18,719	$	(10,773	)	$	15,335

CONDENSED COMBINING BALANCE SHEET

As of December 31, 2017

(in millions)

	Parent		Issuer		Non- Guarantors		Eliminations			Total Company
Assets
Current assets
Cash and cash equivalents					$	424				$	424
Receivables, net			$	9	1,032					1,041
Inventories					1,385					1,385
Prepaid expenses and other current assets					224					224
Total current assets	—		9		3,065					3,074
Intercompany debt receivables					3,604		$	(3,604	)	—
Investments	$	3,120	$	3,448			(6,568		)	—
Goodwill					3,046					3,046
Intangible assets, net					472					472
Property, plant and equipment, net					3,239					3,239
Other non-current assets			283		549					832
Total	$	3,120	$	3,740	$	13,975	$	(10,172	)	$	10,663
Liabilities and equity
Current liabilities
Short-term debt					$	62				$	62
Current maturities of long-term debt					64					64
Accounts payable					2,367					2,367
Accrued liabilities	$	22	$	41	694					757
Total current liabilities	22		41		3,187					3,250
Long-term debt, excluding current maturities			387		4,830					5,217
Long-term intercompany debt	2,497		1,107				$	(3,604	)	—
Postretirement and pension liabilities					588					588
Other non-current liabilities			336		349					685
Commitments and contingent liabilities
Noncontrolling interests					322					322
Crown Holdings shareholders’ equity/(deficit)	601		1,869		4,699		(6,568		)	601
Total equity/(deficit)	601		1,869		5,021		(6,568		)	923
Total	$	3,120	$	3,740	$	13,975	$	(10,172	)	$	10,663

Condensed Combining Statement of Cash Flows

CONDENSED COMBINING STATEMENT OF CASH FLOWS

For the nine months ended September 30, 2018

(in millions)

	Parent			Issuer			Non- Guarantors			Eliminations			Total Company
Net cash provided by/(used for) operating activities	$	(15	)	$	(67	)	$	(145	)	$	(5	)	$	(232	)
Cash flows from investing activities
Capital expenditures							(305		)				(305		)
Beneficial interests in transferred receivables							490						490
Acquisition of business, net of cash acquired							(3,912		)				(3,912		)
Proceeds from sale of property, plant and equipment							27						27
Foreign exchange derivatives related to acquisitions							(25		)				(25		)
Net investment hedge							10						10
Other							(4		)				(4		)
Net cash provided by/(used for) investing activities	—						(3,719		)	—			(3,719		)
Cash flows from financing activities
Proceeds from long-term debt							4,082						4,082
Payments of long-term debt							(56		)				(56		)
Net change in revolving credit facility and short-term debt							(27		)				(27		)
Net change in long-term intercompany balances	18			67			(85		)				—
Debt issue costs							(70		)				(70		)
Common stock issued	1												1
Common stock repurchased	(4		)										(4		)
Dividends paid							(5		)	5			—
Dividend paid to noncontrolling interests							(18		)				(18		)
Foreign exchange derivatives related to debt							(6		)				(6		)
Net cash provided by/(used for) financing activities	15			67			3,815			5			3,902
Effect of exchange rate changes on cash, cash equivalents and restricted cash							(32		)				(32		)
Net change in cash, cash equivalents and restricted cash	—			—			(81		)	—			(81		)
Cash, cash equivalents and restricted cash at January 1							435						435
Cash, cash equivalents and restricted cash at September 30	$	—		$	—		$	354		$	—		$	354

CONDENSED COMBINING STATEMENT OF CASH FLOWS

For the nine months ended September 30, 2017

(in millions)

	Parent			Issuer			Non- Guarantors			Eliminations			Total Company
Net cash provided by/(used for) operating activities	$	(4	)	$	(23	)	$	(207	)	$	(36	)	$	(270	)
Cash flows from investing activities
Capital expenditures							(282		)				(282		)
Beneficial interests in transferred receivables							758						758
Proceeds from sale of property, plant and equipment							8						8
Intercompany investing activities	235									(235		)	—
Other							(20		)				(20		)
Net cash provided by/(used for) investing activities	235						464			(235		)	464
Cash flows from financing activities
Proceeds from long-term debt							1,054						1,054
Payments of long-term debt							(1,100		)				(1,100		)
Net change in revolving credit facility and short-term debt							22						22
Net change in long-term intercompany balances	100			23			(123		)				—
Debt issue costs							(15		)				(15		)
Common stock issued	8												8
Common stock repurchased	(339		)										(339		)
Dividends paid							(271		)	271			—
Dividend paid to noncontrolling interests							(68		)				(68		)
Foreign exchange derivatives related to debt							38						38
Net cash provided by/(used for) financing activities	(231		)	23			(463		)	271			(400		)
Effect of exchange rate changes on cash, cash equivalents and restricted cash							16						16
Net change in cash, cash equivalents and restricted cash	—			—			(190		)	—			(190		)
Cash, cash equivalents and restricted cash at January 1							576						576
Cash, cash equivalents and restricted cash at September 30	$	—		$	—		$	386		$	—		$	386

Crown Americas, LLC

Condensed Combining Statement of Comprehensive Income

CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME

For the three months ended September 30, 2018

(in millions)

	Parent		Issuer				Guarantors				Non- Guarantors			Eliminations				Total Company
Net sales							$	973			$	2,335		(134		)		$	3,174
Cost of products sold, excluding depreciation and amortization							826				1,838			(134		)		2,530
Depreciation and amortization							38				89							127
Selling and administrative expense			$	3			60				90							153
Restructuring and other						10				(11		)					(1		)
Income from operations	—		(3		)		39				329							365
Other pension and postretirement							(6		)		(7		)					(13		)
Net interest expense			24				33				42							99
Technology royalty							(14		)		14							—
Foreign exchange			3				1				(15		)	$	(3	)		(14		)
Income/(loss) before income taxes	—		(30		)		25				295			3				293
Provision for / (benefit from) income taxes			(7		)		13				96							102
Equity earnings / (loss) in affiliates	164		52				109				1			(324		)		2
Net income	164		29				121				200			(321		)		193
Net income attributable to noncontrolling interests											(29		)					(29		)
Net income attributable to Crown Holdings	$	164	$	29			$	121			$	171		$	(321	)		$	164
Total comprehensive income	$	151	$	22			$	55			$	196		$	(245	)		$	179
Comprehensive income attributable to noncontrolling interests											(28		)					(28		)
Comprehensive income attributable to Crown Holdings	$	151	$	22			$	55			$	168		$	(245	)		$	151

CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME

For the three months ended September 30, 2017

(in millions)

	Parent		Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net sales						$	614		$	1,962		(108		)	$	2,468
Cost of products sold, excluding depreciation and amortization						522			1,558			(108		)	1,972
Depreciation and amortization						10			53						63
Selling and administrative expense			$	3		31			55						89
Restructuring and other									16						16
Income from operations			(3		)	51			280						328
Other pension and postretirement						(13		)	(6		)				(19		)
Loss from early extinguishment of debt															—
Net interest expense			16			25			19						60
Technology royalty						(15		)	15						—
Foreign exchange			23									$	(23	)	—
Income/(loss) before income taxes			(42		)	54			252			23			287
Provision for / (benefit from) income taxes			(16		)	18			69			8			79
Equity earnings / (loss) in affiliates	$	177	67			110						(354		)	—
Net income	177		41			146			183			(339		)	208
Net income attributable to noncontrolling interests									(31		)				(31		)
Net income attributable to Crown Holdings	$	177	$	41		$	146		$	152		$	(339	)	$	177
Total comprehensive income	$	220	$	37		$	184		$	245		$	(434	)	$	252
Comprehensive income attributable to noncontrolling interests									(32		)				(32		)
Comprehensive income attributable to Crown Holdings	$	220	$	37		$	184		$	213		$	(434	)	$	220

CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME

For the nine months ended September 30, 2018

(in millions)

	Parent			Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net sales							$	2,550		$	6,251		(384		)	8,417
Cost of products sold, excluding depreciation and amortization							2,180			5,008			(384		)	6,804
Depreciation and amortization							81			224						305
Selling and administrative expense				$	8		156			238						402
Restructuring and other	$	9		3			15			1						28
Income from operations	(9		)	(11		)	118			780						878
Other pension and postretirement							(17		)	(30		)				(47		)
Net interest expense				69			87			109						265
Technology royalty							(37		)	37						—
Foreign exchange				10						15			$	(11	)	14
Income/(loss) before income taxes	(9		)	(90		)	85			649			11			646
Provision for / (benefit from) income taxes	(2		)	(21		)	30			187			2			196
Equity earnings / (loss) in affiliates	393			154			258			1			(803		)	3
Net income	386			85			313			463			(794		)	453
Net income attributable to noncontrolling interests										(67		)				(67		)
Net income attributable to Crown Holdings	386			85			313			396			(794		)	386
Total comprehensive Income	$	317		$	84		$	217		$	401		$	(638	)	$	381
Comprehensive income attributable to noncontrolling interests										(64		)				(64		)
Comprehensive income attributable to Crown Holdings	$	317		$	84		$	217		$	337		$	(638	)	$	317

CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME

For the nine months ended September 30, 2017

(in millions)

	Parent		Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net sales						$	1,745		$	5,090		(305		)	$	6,530
Cost of products sold, excluding depreciation and amortization						1,497			4,043			(305		)	5,235
Depreciation and amortization						30			153						183
Selling and administrative expense			$	8		99			163						270
Restructuring and other						2			28						30
Income from operations			(8		)	117			703						812
Other pension and postretirement						(33		)	(10		)				(43		)
Loss from early extinguishment of debt			6						1						7
Net interest expense			49			69			59						177
Technology royalty						(33		)	33						—
Foreign exchange			78			(1		)	5			$	(78	)	4
Income/(loss) before income taxes			(141		)	115			615			78			667
Provision for / (benefit from) income taxes			(54		)	38			167			27			178
Equity earnings / (loss) in affiliates	$	412	167			267						(846		)	—
Net income	412		80			344			448			(795		)	489
Net income attributable to noncontrolling interests									(77		)				(77		)
Net income attributable to Crown Holdings	$	412	$	80		$	344		$	371		$	(795	)	$	412
Total comprehensive income	$	687	$	83		$	429		$	787		$	(1,219	)	$	767
Comprehensive income attributable to noncontrolling interests									(80		)				(80		)
Comprehensive income attributable to Crown Holdings	$	687	$	83		$	429		$	707		$	(1,219	)	$	687

Condensed Combining Balance Sheet

CONDENSED COMBINING BALANCE SHEET

As of September 30, 2018

(in millions)

	Parent		Issuer		Guarantors		Non- Guarantors		Eliminations			Total Company
Assets
Current assets
Cash and cash equivalents			$	24	$	4	$	270				$	298
Receivables, net			4		206		1,758					1,968
Intercompany receivables					47		23		$	(70	)	—
Inventories					446		1,193					1,639
Prepaid expenses and other current assets	$	1	1		16		175					193
Total current assets	1		29		719		3,419		(70		)	4,098
Intercompany debt receivables			2,703		3,812		153		(6,668		)	—
Investments	3,471		2,726		1,177				(7,374		)	—
Goodwill					1,182		3,313					4,495
Intangible assets, net					917		1,341					2,258
Property, plant and equipment, net			1		695		3,026					3,722
Other non-current assets			23		209		530					762
Total	$	3,472	$	5,482	$	8,711	$	11,782	$	(14,112	)	$	15,335
Liabilities and equity
Current liabilities
Short-term debt							$	53				$	53
Current maturities of long-term debt			$	32	$	14	43					89
Accounts payable					681		1,826					2,507
Accrued liabilities	$	16	30		162		744					952
Intercompany payables					23		47		$	(70	)	—
Total current liabilities	16		62		880		2,713		(70		)	3,601
Long-term debt, excluding current maturities			3,048		1,534		4,346					8,928
Long-term intercompany debt	2,515		795		2,856		502		(6,668		)	—
Postretirement and pension liabilities					350		266					616
Other non-current liabilities					339		541					880
Commitments and contingent liabilities
Noncontrolling interests							369					369
Crown Holdings shareholders’ equity/(deficit)	941		1,577		2,752		3,045		(7,374		)	941
Total equity/(deficit)	941		1,577		2,752		3,414		(7,374		)	1,310
Total	$	3,472	$	5,482	$	8,711	$	11,782	$	(14,112	)	$	15,335

CONDENSED COMBINING BALANCE SHEET

As of December 31, 2017

(in millions)

	Parent		Issuer		Guarantors		Non- Guarantors		Eliminations			Total Company
Assets
Current assets
Cash and cash equivalents			$	36	$	3	$	385				$	424
Receivables, net					29		1,012					1,041
Intercompany receivables					32		13		$	(45	)	—
Inventories					347		1,038					1,385
Prepaid expenses and other current assets			2		17		205					224
Total current assets	—		38		428		2,653		(45		)	3,074
Intercompany debt receivables			2,523		3,325		732		(6,580		)	—
Investments	$	3,120	2,479		1,032				(6,631		)	—
Goodwill					453		2,593					3,046
Intangible assets, net					13		459					472
Property, plant and equipment, net			1		515		2,723					3,239
Other non-current assets			11		311		510					832
Total	$	3,120	$	5,052	$	6,077	$	9,670	$	(13,256	)	$	10,663
Liabilities and equity
Current liabilities
Short-term debt							$	62				$	62
Current maturities of long-term debt			$	23	$	3	38					64
Accounts payable					547		1,820					2,367
Accrued liabilities	$	22	31		72		632					757
Intercompany payables					13		32		$	(45	)	—
Total current liabilities	22		54		635		2,584		(45		)	3,250
Long-term debt, excluding current maturities			2,094		408		2,715					5,217
Long-term intercompany debt	2,497		1,411		2,454		218		(6,580		)	—
Postretirement and pension liabilities					373		215					588
Other non-current liabilities					338		347					685
Commitments and contingent liabilities
Noncontrolling interests							322					322
Crown Holdings shareholders’ equity/(deficit)	601		1,493		1,869		3,269		(6,631		)	601
Total equity/(deficit)	601		1,493		1,869		3,591		(6,631		)	923
Total	$	3,120	$	5,052	$	6,077	$	9,670	$	(13,256	)	$	10,663

Condensed Combining Statement of Cash Flows

CONDENSED COMBINING STATEMENT OF CASH FLOWS

For the nine months ended September 30, 2018

(in millions)

	Parent			Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net cash provided by/(used for) operating activities	$	(15	)	$	(81	)	$	91		$	(216	)	$	(11	)	$	(232	)
Cash flows from investing activities
Capital expenditures							(39		)	(266		)				(305		)
Beneficial interests in transferred receivables										490						490
Acquisition of business, net of cash acquired										(3,912		)				(3,912		)
Proceeds from sale of property, plant and equipment							9			18						27
Intercompany investing activities				(100		)							100			—
Foreign exchange derivatives related to acquisition										(25		)				(25		)
Net investment hedge				10												10
Other										(4		)				(4		)
Net cash provided by/(used for) investing activities	—			(90		)	(30		)	(3,699		)	100			(3,719		)
Cash flows from financing activities
Proceeds from long-term debt				975			1,150			1,957						4,082
Payments of long-term debt				(20		)	(5		)	(31		)				(56		)
Net change in revolving credit facility and short-term debt				40						(67		)				(27		)
Net change in long-term intercompany balances	18			(796		)	(1,205		)	1,983						—
Debt issue costs				(40		)				(30		)				(70		)
Common stock issued	1															1
Common stock repurchased	(4		)													(4		)
Capital contribution										100			(100		)	—
Dividends paid										(11		)	11			—
Dividends paid to noncontrolling interests										(18		)				(18		)
Foreign exchange derivatives related to debt										(6		)				(6		)
Net cash provided by/(used for) financing activities	15			159			(60		)	3,877			(89		)	3,902
Effect of exchange rate changes on cash, cash equivalents and restricted cash										(32		)				(32		)
Net change in cash, cash equivalents and restricted cash	—			(12		)	1			(70		)	—			(81		)
Cash, cash equivalents and restricted cash at January 1				36			3			396						435
Cash, cash equivalents and restricted cash at September 30	$	—		$	24		$	4		$	326		$	—		$	354

CONDENSED COMBINING STATEMENT OF CASH FLOWS

For the nine months ended September 30, 2017

(in millions)

	Parent			Issuer			Guarantors			Non- Guarantors			Eliminations			Total Company
Net cash provided by/(used for) operating activities	$	(4	)	$	(46	)	$	90		$	(233	)	$	(77	)	$	(270	)
Cash flows from investing activities
Capital expenditures							(91		)	(191		)				(282		)
Beneficial interests in transferred receivables										758						758
Proceeds from sale of property, plant and equipment							1			7						8
Intercompany investing activities	235												(235		)	—
Other							(20		)	—						(20		)
Net cash provided by/(used for) investing activities	235			—			(110		)	574			(235		)	464
Cash flows from financing activities
Proceeds from long-term debt				750			9			295						1,054
Payments of long-term debt				(1,010		)	(2		)	(88		)				(1,100		)
Net change in revolving credit facility and short-term debt				25						(3		)				22
Net change in long-term intercompany balances	100			259			13			(372		)				—
Debt issue costs				(14		)				(1		)				(15		)
Common stock issued	8															8
Common stock repurchased	(339		)													(339		)
Dividends paid										(312		)	312			—
Dividends paid to noncontrolling interests										(68		)				(68		)
Foreign exchange derivatives related to debt										38						38
Net cash provided by/(used for) financing activities	(231		)	10			20			(511		)	312			(400		)
Effect of exchange rate changes on cash, cash equivalents and restricted cash										16						16
Net change in cash, cash equivalents and restricted cash	—			(36		)	—			(154		)	—			(190		)
Cash, cash equivalents and restricted cash at January 1				83						493						576
Cash, cash equivalents and restricted cash at September 30	$	—		$	47		$	—		$	339		$	—		$	386