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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 3,510 $ 2,856 $ 6,672 $ 5,420
Cost of products sold, excluding depreciation and amortization 2,861 2,244 5,408 4,226
Depreciation and amortization 116 111 231 223
Selling and administrative expense 140 147 297 290
Restructuring and other (73) (31) (74) (31)
Income from operations 466 385 810 712
Other pension and postretirement (4) (2) (8) (3)
Interest expense 64 68 118 137
Interest income (3) (1) (6) (3)
Foreign exchange 7 1 (3) (1)
Income from continuing operations before taxes and equity in net earnings of affiliates 402 319 709 582
Provision for income taxes 85 146 163 211
Equity in net earnings of affiliates 12 3 29 5
Net income from continuing operations 329 176 575 376
Net income / (loss) from discontinued operations 0 (3) 0 42
Net income 329 173 575 418
Net income from continuing operations attributable to noncontrolling interests 34 45 64 78
Net income from discontinued operations attributable to noncontrolling interests 0 0 0 1
Net income from continuing operations attributable to Crown Holdings 295 131 511 298
Net income / (loss) from discontinued operations attributable to Crown Holdings 0 (3) 0 41
Net income attributable to Crown Holdings $ 295 $ 128 $ 511 $ 339
Earnings per common share attributable to Crown Holdings:        
Basic earnings per common share from continuing operations (in dollars per share) $ 2.44 $ 0.98 $ 4.18 $ 2.23
Basic earnings / (loss) per common share from discontinued operations (in dollars per share) 0 (0.02) 0 0.31
Basic (in dollars per share) 2.44 0.96 4.18 2.54
Diluted earnings per common share from continuing operations (in dollars per share) 2.43 0.97 4.15 2.22
Diluted earnings / (loss) per common share from discontinued operations (in dollars per share) 0 (0.02) 0 0.30
Diluted (in dollars per share) $ 2.43 $ 0.95 $ 4.15 $ 2.52