Earnings Per Share

9 Months Ended

Sep. 30, 2022

The following table summarizes the computations of basic and diluted earnings per share attributable to the Company.


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
Net income from continuing operations attributable to Crown Holdings	$	127	$	187	$	638	$	485
Net loss from discontinued operations attributable to Crown Holdings	—		(85)		—		(44)
Net income attributable to Crown Holdings	$	127	$	102	$	638	$	441

Weighted average shares outstanding:
Basic	119.7		128.7		121.4		131.9
Dilutive stock options and restricted stock	0.5		1.0		0.7		1.0
Diluted	120.2		129.7		122.1		132.9

Earnings per common share attributable to Crown Holdings:
Basic earnings per common share from continuing operations	$	1.06	$	1.45	$	5.26	$	3.68
Basic loss per common share from discontinued operations	—		(0.66)		—		(0.34)
Basic earnings per share	$	1.06	$	0.79	$	5.26	$	3.34

Diluted earnings per common share from continuing operations	$	1.06	$	1.44	$	5.23	$	3.65
Diluted loss per common share from discontinued operations	—		(0.65)		—		(0.33)
Diluted earnings per share	$	1.06	$	0.79	$	5.23	$	3.32

For the three and nine months ended September 30, 2022, 0.1 million and 0.4 million contingently issuable common shares were excluded from the computation of diluted earnings per share because the effect would be anti-dilutive.

For the nine months ended September 30, 2021, 0.1 million contingently issuable common shares were excluded from the computation of diluted earnings per share because the effect would be anti-dilutive.