Earnings Per Share

12 Months Ended

Dec. 31, 2022

The following table summarizes basic and diluted earnings per share ("EPS"). Basic EPS excludes all potentially dilutive securities and is computed by dividing net income attributable to Crown Holdings by the weighted average number of common shares outstanding during the period. Diluted EPS includes the effect of stock options and restricted stock, when dilutive, as calculated under the treasury stock method.


	2022		2021		2020
Net income / (loss) from continuing operations attributable to Crown Holdings	727		(507)		424
Net income / (loss) from discontinued operations attributable to Crown Holdings	—		(53)		155
Net income / (loss) attributable to Crown Holdings	$	727	$	(560)	$	579
Weighted average shares outstanding:
Basic	120.86		130.38		133.53
Add: dilutive stock options and restricted stock	0.52		—		1.03
Diluted	121.38		130.38		134.56

Earnings per common share attributable to Crown Holdings:
Basic earnings / (loss) per common share from continuing operations	6.01		(3.89)		3.18
Basic earnings / (loss) per common share from discontinued operations	—		(0.41)		1.16
Basic earnings / (loss) per share	$	6.01	$	(4.30)	$	4.34

Diluted earnings / (loss) per common share from continuing operations	5.99		(3.89)		3.15
Diluted earnings / (loss) per common share from discontinued operations	—		(0.41)		1.15
Diluted earnings / (loss) per share	$	5.99	$	(4.30)	$	4.30

Contingently issuable shares excluded from the computation of diluted earnings per share because the effect would have been anti-dilutive	0.7		1.0		0.7