Divestitures (Tables)

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

Major components of net (loss) / income from discontinued operations were as follows:

For the Years Ended December 31	2021		2020		2019
Net sales	$	1,585	$	2,183	$	2,106
Cost of products sold, excluding depreciation and amortization	1,301		1,823		1,774
Depreciation and amortization	16		59		59
Selling and administrative expense	60		81		75
Restructuring and other	2		4		4
Goodwill impairment	—		—		25
Other pension and postretirement	1		2		3
Interest expense	6		10		11
Interest income	—		—		(2)
Foreign exchange	—		3		2
Loss on sale of discontinued businesses	101		—		—
Transaction costs	34		—		—
Income from discontinued operations before tax	64		201		155
Provision for income taxes	116		45		30
Net (loss) / income from discontinued operations	(52)		156		125
Net income from discontinued operations attributable to noncontrolling interests	1		1		2
Net (loss) / income from discontinued operations attributable to Crown Holdings	$	(53)	$	155	$	123

Major classes of assets and liabilities of the Business classified as held for sale at December 31, 2020 were as follows:

Receivables, net	$	281
Inventories	410
Prepaid expenses and other current assets	30
Total current assets held for sale	$	721
Goodwill	$	1,447
Intangible assets, net	125
Property, plant and equipment, net	546
Operating lease right-of-use assets, net	43
Other non-current assets	17
Total non-current assets held for sale	$	2,178
Short-term debt	$	17
Current portion of operating lease liabilities	12
Accounts payable	725
Accrued liabilities	227
Total current liabilities held for sale	$	981
Postretirement and pension liabilities	$	77
Non-current portion of operating lease liabilities	32
Other non-current liabilities	90
Total non-current liabilities held for sale	$	199

The table above excludes assets held for sale unrelated to the Business that are not material for disclosure.

The capital expenditures of the Business were as follows:

For the Years Ended December 31	2021		2020		2019
Capital expenditures	$	29	$	33	$	41