Crown (CCK) 10-Q 29 Jul 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 29, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Entity Registrant Name	CROWN HOLDINGS INC
Entity Central Index Key	1,219,601
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		139,676,156

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Net sales	$ 2,142	$ 2,278	$ 4,035	$ 4,275
Cost of products sold, excluding depreciation and amortization	1,691	1,843	3,212	3,503
Depreciation and amortization	65	62	125	113
Selling and administrative expense	94	99	185	197
Restructuring and other	(3)	(3)	(1)	17
Income from operations	295	277	514	445
Loss from early extinguishments of debt	0	9	27	9
Interest expense	58	69	122	134
Interest income	(2)	(2)	(5)	(4)
Foreign exchange	(11)	(1)	(17)	5
Income before income taxes	250	202	387	301
Provision for income taxes	65	49	103	86
Net income	185	153	284	215
Net income attributable to noncontrolling interests	(16)	(11)	(36)	(29)
Net income attributable to Crown Holdings	$ 169	$ 142	$ 248	$ 186
Earnings per common share attributable to Crown Holdings:
Basic (in usd per share)	$ 1.22	$ 1.03	$ 1.79	$ 1.35
Diluted (in usd per share)	$ 1.21	$ 1.02	$ 1.78	$ 1.34

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 185	$ 153	$ 284	$ 215
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(134)	4	(125)	(207)
Pension and other postretirement benefits	10	12	23	23
Derivatives qualifying as hedges	22	(8)	24	(10)
Total other comprehensive income (loss)	(102)	8	(78)	(194)
Total comprehensive income	83	161	206	21
Net income attributable to noncontrolling interests	(16)	(11)	(36)	(29)
Translation adjustments attributable to noncontrolling interests	0	(1)	0	1
Derivatives qualifying as hedges attributable to noncontrolling interests	(2)	1	(3)	1
Comprehensive income attributable to Crown Holdings	$ 65	$ 150	$ 167	$ (6)

Consolidated Balance Sheets (Co

Consolidated Balance Sheets (Condensed) (Unaudited) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 370	$ 717	$ 288	$ 965
Receivables, net	929	912
Inventories	1,419	1,213
Prepaid expenses and other current assets	240	207
Total current assets	2,958	3,049
Goodwill and intangible assets, net	3,472	3,580
Property, plant and equipment, net	2,700	2,699
Other non-current assets	646	692
Total	9,776	10,020
Current liabilities
Short-term debt	37	54
Current maturities of long-term debt	236	209
Accounts payable and accrued liabilities	2,554	2,645
Total current liabilities	2,827	2,908
Long-term debt, excluding current maturities	5,011	5,255
Postretirement and pension liabilities	672	767
Other non-current liabilities	643	655
Commitments and contingent liabilities
Noncontrolling interests	305	291
Crown Holdings shareholders’ equity	318	144
Total equity	623	435	$ 404	$ 387
Total	$ 9,776	$ 10,020

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Condensed) (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities
Net income	$ 284	$ 215
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	125	113
Restructuring and other	(1)	17
Pension expense	14	22
Pension contributions	(41)	(34)
Stock-based compensation	10	17
Changes in assets and liabilities:
Receivables	(2)	(96)
Inventories	(216)	(132)
Accounts payable and accrued liabilities	(100)	(168)
Other, net	(10)	31
Net cash provided by (used for) operating activities	63	(15)
Cash flows from investing activities
Capital expenditures	(143)	(111)
Purchase of business	0	(1,207)
Proceeds from sale of business	0	30
Other	18	(14)
Net cash used for investing activities	(125)	(1,302)
Cash flows from financing activities
Proceeds from long-term debt	304	1,421
Payments of long-term debt	(725)	(752)
Net change in revolving credit facility and short-term debt	138	96
Debt issue costs	(2)	(17)
Common stock issued	5	5
Common stock repurchased	(8)	(9)
Proceeds from Noncontrolling Interests	1	0
Dividends paid to noncontrolling interests	(26)	(17)
Foreign exchange derivatives related to debt	32	(48)
Net cash provided by (used for) by financing activities	(281)	679
Effect of exchange rate changes on cash and cash equivalents	(4)	(39)
Net change in cash and cash equivalents	(347)	(677)
Cash and cash equivalents at beginning of period	717	965
Cash and cash equivalents at end of period	$ 370	$ 288

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Millions	Total	Common Stock [Member]	Paid-In Capital [Member]	Accumulated Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock [Member]	Total Crown Equity [Member]	Noncontrolling Interests [Member]
Balance at beginning of period at Dec. 31, 2014	$ 387	$ 929	$ 407	$ 1,782	$ (2,765)	$ (234)	$ 119	$ 268
Net income attributable to Crown Holdings	186			186			186
Net income attributable to noncontrolling interests	29							29
Net income	215
Other comprehensive income	(194)				(192)		(192)	(2)
Dividends paid to noncontrolling interests	(17)						0	(17)
Stock Issued During Period, Value, Restricted Stock Award, Gross	0		(2)			2	0
Stock-based compensation	17		17				17
Common stock issued	5		4			1	5
Common stock repurchased	(9)		(8)			(1)	(9)
Balance at end of period at Jun. 30, 2015	404	929	418	1,968	(2,957)	(232)	126	278
Balance at beginning of period at Dec. 31, 2015	435	929	426	2,175	(3,154)	(232)	144	291
Net income attributable to Crown Holdings	248			248			248
Net income attributable to noncontrolling interests	36							36
Net income	284
Other comprehensive income	(78)				(81)		(81)	3
Dividends paid to noncontrolling interests	(26)						0	(26)
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	1						0	1
Stock Issued During Period, Value, Restricted Stock Award, Gross	0		(1)			1	0
Stock-based compensation	10		10				10
Common stock issued	5		4			1	5
Common stock repurchased	(8)		(7)			(1)	(8)
Balance at end of period at Jun. 30, 2016	$ 623	$ 929	$ 432	$ 2,423	$ (3,235)	$ (231)	$ 318	$ 305

Statement of Information Furnis

Statement of Information Furnished	6 Months Ended
	Jun. 30, 2016
Quarterly Financial Data [Abstract]
Statement of Information Furnished	Statement of Information Furnished The consolidated financial statements include the accounts of Crown Holdings, Inc. and its consolidated subsidiaries (the “Company”). The accompanying unaudited interim consolidated financial statements have been prepared in accordance with Form 10-Q instructions. In the opinion of management, these consolidated financial statements contain all adjustments of a normal and recurring nature necessary for a fair statement of the financial position of the Company as of June 30, 2016 and the results of its operations for the three and six months ended June 30, 2016 and 2015 and of its cash flows for the six months ended June 30, 2016 and 2015 . The results reported in these consolidated financial statements are not necessarily indicative of the results that may be expected for the entire year. These results have been determined on the basis of accounting principles generally accepted in the United States of America (“GAAP”). Certain information and footnote disclosures normally included in financial statements presented in accordance with GAAP have been condensed or omitted. The year-end condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by GAAP. The accompanying consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2015 .

Accounting and Reporting Develo

Accounting and Reporting Developments	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Accounting and Reporting Developments	Accounting and Reporting Developments Recently Issued Accounting Standards In May 2014, the FASB issued new guidance related to how an entity should recognize revenue. The guidance specifies that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. In addition, the guidance expands the required disclosures related to revenue and cash flows from contracts with customers. The guidance is effective for the Company beginning in the first quarter of 2018 with early adoption permitted beginning in the first quarter of 2017. The Company will adopt this standard on a modified retrospective basis. The Company is still evaluating the impact of adopting this guidance on its financial position and results of operations. In July 2015, the FASB issued new guidance related to the subsequent measurement of inventory. Under existing guidance, inventory was measured at the lower of cost or market, where market was defined as replacement cost, with a ceiling of net realizable value and floor of net realizable value less a normal profit margin. The new guidance requires an entity to subsequently measure inventory at the lower of cost or net realizable value, which is defined as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The guidance will be effective for the Company on January 1, 2017 and is not expected to have a material impact on the Company’s consolidated financial statements. In February 2016, the FASB issued new guidance on lease accounting. Under the new guidance lease classification criteria and income statement recognition is similar to current guidance; however, all leases with a lease term longer than one year will be recorded on the balance sheet through a right-of-use asset and a corresponding lease liability. The guidance will be effective for the Company on January 1, 2019. The Company is currently evaluating the impact of adopting this guidance on its financial position and results of operations. In March 2016, the FASB issued new guidance on share-based payments. The new guidance includes provisions to simplify various aspects of how share-based payments are accounted for and presented in the financial statements. Under the current guidance, upon settlement tax benefits in excess of compensation costs ("windfalls") are recorded in equity and tax deficiencies are recorded in equity to the extent of previous windfalls. Under the new guidance all of the tax effects related to share-based payments at settlement will be recorded through the income statement. The guidance will be effective for the Company on January 1, 2017. The Company is currently evaluating the impact of adopting this guidance on its financial position and results of operations.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Acquisitions	Acquisitions On February 18, 2015 , the Company completed its acquisition of Empaque, a leading manufacturer of beverage packaging in Mexico, from Heineken N.V., in a cash transaction valued at $1.2 billion . The addition of Empaque significantly increases the Company's presence in the growing Mexican market and substantially enhances the Company's strategic position in beverage cans, both regionally and globally. The Company finalized its purchase accounting for the Empaque acquisition in the first quarter of 2016. There were no adjustments to the preliminary valuation of identifiable assets acquired and liabilities assumed as compared to the amounts disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2015.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income The following table provides information about the changes in each component of accumulated other comprehensive income. Defined benefit plans Foreign currency translation Gains and losses on cash flow hedges Total Balance at December 31, 2014 $ (1,781 ) $ (980 ) $ (4 ) $ (2,765 ) Other comprehensive loss before reclassifications (206 ) (13 ) (219 ) Amounts reclassified from accumulated other comprehensive income 23 4 27 Other comprehensive income (loss) 23 (206 ) (9 ) (192 ) Balance at June 30, 2015 $ (1,758 ) $ (1,186 ) $ (13 ) $ (2,957 ) Balance at December 31, 2015 $ (1,690 ) $ (1,446 ) $ (18 ) $ (3,154 ) Other comprehensive income (loss) before reclassifications (125 ) 15 (110 ) Amounts reclassified from accumulated other comprehensive income 23 6 29 Other comprehensive income (loss) 23 (125 ) 21 (81 ) Balance at June 30, 2016 $ (1,667 ) $ (1,571 ) $ 3 $ (3,235 ) The following table provides information about amounts reclassified from accumulated other comprehensive income. Three Months Ended Six Months Ended Details about accumulated other June 30 June 30 Affected line item in the comprehensive income components 2016 2015 2016 2015 statement of operations (Gains) losses on cash flow hedges Commodities $ 3 $ 5 $ 10 $ 4 Cost of products sold 3 5 10 4 Income before taxes (1 ) (1 ) (3 ) (1 ) Provision for income taxes $ 2 $ 4 $ 7 $ 3 Net income Foreign exchange $ 2 $ (1 ) $ 4 $ (1 ) Net sales (1 ) 1 (5 ) 2 Cost of products sold 1 — (1 ) 1 Income before taxes Provision for income taxes $ 1 $ — $ (1 ) $ 1 Net income Total losses on cash flow hedges $ 3 $ 4 $ 6 $ 4 Amortization of defined benefit plan items Actuarial losses $ 27 $ 28 $ 56 $ 55 (a) Prior service credit (13 ) (12 ) (26 ) (24 ) (a) 14 16 30 31 Income before taxes (3 ) (4 ) (7 ) (8 ) Provision for income taxes $ 11 $ 12 $ 23 $ 23 Net income Total reclassifications for the period $ 14 $ 16 $ 29 $ 27 (a) These accumulated other comprehensive income components are included in the computation of net periodic pension and postretirement cost. See Note N for further details.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2016
Share-based Compensation [Abstract]
Stock-Based Compensation	Stock-Based Compensation A summary of restricted stock transactions during the six months ended June 30, 2016 follows: Number of shares Non-vested stock awards outstanding at January 1, 2016 1,778,275 Awarded: Time-vesting shares 127,167 Performance-based shares 137,374 Released: Time-vesting shares (412,889 ) Performance-based shares (90,003 ) Forfeitures: Time-vesting shares (19,551 ) Performance-based shares (161,415 ) Non-vested stock awards outstanding at June 30, 2016 1,358,958 The performance-based awards cliff vest at the end of three years . The number of performance-based shares that will ultimately vest is based on the level of market performance achieved, ranging between 0% and 200% of the shares originally awarded, and will be settled in stock. The market performance criteria is the Company's Total Shareholder Return ("TSR"), which includes share price appreciation and dividends paid, during the three-year term of the award measured against the TSR of a peer group of companies. The time-vesting restricted and deferred stock awards vest ratably over three years or four years . The weighted average grant-date fair value of the 2016 time-vesting stock awards was $51.04 and the performance-based stock awards was $51.18 . The fair value of the performance-based shares awarded in 2016 was calculated using a Monte Carlo valuation model, including a weighted average stock price volatility of 19.8% , an expected term of three years, and a weighted average risk-free interest rate of 1.22% . At June 30, 2016 , unrecognized compensation cost related to outstanding non-vested stock awards was $41 . The weighted average period over which the expense is expected to be recognized is 2.3 years. The aggregate market value of the shares released on the vesting dates was $26 .

Receivables

Receivables	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Receivables	Receivables June 30, 2016 December 31, 2015 Accounts receivable $ 816 $ 827 Less: allowance for doubtful accounts (87 ) (83 ) Net trade receivables 729 744 Miscellaneous receivables 200 168 Receivables, net $ 929 $ 912 The Company uses receivable securitization facilities in the normal course of business as part of managing its cash flows. In connection with certain receivable securitization facilities, the Company recognized a deferred purchase price of $102 which was included in prepaid expenses and other current assets in the Consolidated Balance Sheet at June 30, 2016 . The net change in deferred purchase price receivable was reflected in the receivables line item in the Consolidated Statement of Cash Flows.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2016
Inventory, Gross [Abstract]
Inventories	Inventories Inventories are stated at the lower of cost or market, with cost for U.S. inventories principally determined under the first-in, first-out (“FIFO”) method. Non-U.S. inventories are principally determined under the FIFO or average cost method. June 30, 2016 December 31, 2015 Raw materials and supplies $ 638 $ 599 Work in process 153 129 Finished goods 628 485 $ 1,419 $ 1,213

Derivative and Other Financial

Derivative and Other Financial Instruments	6 Months Ended
	Jun. 30, 2016
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Derivative and Other Financial Instruments	Derivative and Other Financial Instruments Fair Value Measurements Under GAAP a framework exists for measuring fair value, providing a three-tier hierarchy of pricing inputs used to report assets and liabilities that are adjusted to fair value. Level 1 includes inputs such as quoted prices which are available in active markets for identical assets or liabilities as of the report date. Level 2 includes inputs other than those available in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 includes unobservable pricing inputs that are not corroborated by market data or other objective sources. The Company has no recurring items valued using Level 3 inputs other than certain pension plan assets. The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability. The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment and may affect the valuation of assets and liabilities measured at fair value and their placement within the fair value hierarchy. The Company applies a market approach to value its commodity price hedge contracts. Prices from observable markets are used to develop the fair value of these financial instruments and they are reported under Level 2. The Company uses an income approach to value its foreign exchange forward contracts. These contracts are valued using a discounted cash flow model that calculates the present value of future cash flows under the terms of the contracts using market information as of the reporting date, such as foreign exchange spot and forward rates, and are reported under Level 2 of the fair value hierarchy. Fair value disclosures for financial assets and liabilities that were accounted for at fair value on a recurring basis are provided later in this note. In addition, see Note J for fair value disclosures related to debt. Derivative Financial Instruments In the normal course of business the Company is subject to risk from adverse fluctuations in currency exchange rates, interest rates and commodity prices. The Company manages these risks through a program that includes the use of derivative financial instruments, primarily swaps and forwards. Counterparties to these contracts are major financial institutions. The Company is exposed to credit loss in the event of nonperformance by these counterparties. The Company does not use derivative instruments for trading or speculative purposes. The Company’s objective in managing exposure to market risk is to limit the impact on earnings and cash flow. The extent to which the Company uses such instruments is dependent upon its access to these contracts in the financial markets and its success using other methods, such as netting exposures in the same currencies to mitigate foreign exchange risk and using sales agreements that permit the pass-through of commodity price and foreign exchange rate risk to customers. For derivative financial instruments accounted for in hedging relationships, the Company formally designates and documents, at inception, the financial instrument as a hedge of a specific underlying exposure, the risk management objective and the manner in which effectiveness will be assessed. The Company formally assesses, both at inception and at least quarterly thereafter, whether the hedging relationships are effective in offsetting changes in fair value or cash flows of the related underlying exposures. When a hedge no longer qualifies for hedge accounting the change in fair value from the date of the last effectiveness test is recognized in earnings. Any gain or loss which has accumulated in other comprehensive income at the date of the last effectiveness test is reclassified into earnings at the same time of the underlying exposure. Cash Flow Hedges The Company designates certain derivative financial instruments as cash flow hedges. No components of the hedging instruments are excluded from the assessment of hedge effectiveness. Changes in fair value of outstanding derivatives accounted for as cash flow hedges, except for ineffectiveness, are recorded in other comprehensive income until earnings are impacted by the hedged transaction. Classification of the gain or loss in the Consolidated Statements of Operations upon reclassification from comprehensive income is the same as that of the underlying exposure. Contracts outstanding at June 30, 2016 mature between one and twenty-eight months. When the Company discontinues hedge accounting because it is no longer probable that an anticipated transaction will occur in the originally specified period, changes to fair value accumulated in other comprehensive income are recognized immediately in earnings. The Company uses forward contracts to hedge anticipated purchases of various commodities, including aluminum, fuel oil and natural gas and these exposures are hedged by a central treasury unit. The Company also designates certain foreign exchange contracts as cash flow hedges of anticipated foreign currency denominated sales or purchases. The Company manages these risks at the operating unit level. Often, foreign currency risk is hedged together with the related commodity price risk. The following table sets forth financial information about the impact on accumulated other comprehensive income (“AOCI”) and earnings from changes in the fair value of derivative instruments. Amount of gain/(loss) Amount of gain/(loss) recognized in AOCI reclassified from AOCI (effective portion) into earnings Three Months Ended Six Months Ended Three Months Ended Six Months Ended Derivatives in cash flow hedges June 30, 2016 June 30, 2016 June 30, 2016 June 30, 2016 Foreign exchange $ 3 $ 3 $ (1 ) $ 1 Commodities 14 12 (2 ) (7 ) Total $ 17 $ 15 $ (3 ) $ (6 ) Amount of gain/(loss) Amount of gain/(loss) recognized in AOCI reclassified from AOCI (effective portion) into earnings Three Months Ended Six Months Ended Three Months Ended Six Months Ended Derivatives in cash flow hedges June 30, 2015 June 30, 2015 June 30, 2015 June 30, 2015 Foreign exchange $ (3 ) $ (2 ) $ — $ (1 ) Commodities (9 ) (11 ) (4 ) (3 ) Total $ (12 ) $ (13 ) $ (4 ) $ (4 ) For the six months ended June 30, 2016 and 2015, the Company recognized gains of $1 ( $1 net of tax) and $2 ( $2 net of tax) in earnings related to hedge ineffectiveness caused by volatility in the metal premium component of aluminum prices. During the twelve month period ending June 30, 2017, a net gain of $7 ( $5 , net of tax) is expected to be reclassified to earnings. No amounts were reclassified during the six months ended June 30, 2016 and 2015 in connection with anticipated transactions that were no longer considered probable. Fair Value Hedges and Contracts Not Designated as Hedges The Company designates certain derivative financial instruments as fair value hedges of recognized foreign-denominated assets and liabilities, generally trade accounts receivable and payable and unrecognized firm commitments. The notional values and maturity dates of the derivative instruments coincide with those of the hedged items. Changes in fair value of the derivative financial instruments, excluding time value, are offset by changes in fair value of the related hedged items. Other than for firm commitments, amounts related to time value are excluded from the assessment and measurement of hedge effectiveness and are reported in earnings. Less than $1 was reported in earnings for the six months ended June 30, 2016 . Certain derivative financial instruments, including foreign exchange contracts related to intercompany debt, were not designated in hedge relationships; however, they are effective economic hedges as the changes in their fair value, except for time value, are offset by changes in re-measurement of the related hedged items. The Company’s primary use of these derivative instruments is to offset the earnings impact that fluctuations in foreign exchange rates have on certain monetary assets and liabilities denominated in currencies other than the entity's functional currency. Changes in fair value of these derivative instruments are immediately recognized in earnings as foreign exchange adjustments. The impact on earnings from foreign exchange contracts designated as fair value hedges was a loss of $4 and a loss of $5 for the three and six months ended June 30, 2016 and gain of $3 and a gain of $1 for the three and six months ended June 30, 2015 . The impact on earnings from foreign exchange contracts not designated as hedges was a gain of $5 and a gain of $26 for the three and six months ended June 30, 2016 and a gain of $5 and a loss of $43 for the same period in 2015 . These adjustments were reported within foreign exchange in the Consolidated Statements of Operations and were offset by changes in the fair values of the related underlying hedged items. During the six months ended June 30, 2016 , certain commodity hedges did not meet the criteria for hedge accounting and therefore the change in their fair value during the quarter was recognized in earnings. For the three and six months ended June 30, 2016 , the Company recognized a gain of $3 ( $3 net of tax) in earnings related to these ineffective hedges. Net Investment Hedges The Company designates certain derivative and non-derivative financial instruments (debt) as hedges of its net investment in a euro-based subsidiary and recorded a gain of $27 ( $22 , net of tax) and a loss of $18 ( $12 , net of tax) in accumulated other comprehensive income during the three and six months ended June 30, 2016 . Fair Values of Derivative Financial Instruments and Valuation Hierarchy The following table sets forth the fair value hierarchy for the Company's financial assets and liabilities that were accounted for at fair value on a recurring basis as of June 30, 2016 and December 31, 2015 , respectively. Balance Sheet classification Fair Value hierarchy June 30, December 31, Derivative assets Derivatives designated as hedges: Foreign exchange Other current assets 2 $ 63 $ 32 Commodities Other current assets 2 10 5 Commodities Other non-current assets 2 3 2 Derivatives not designated as hedges: Commodities Other current assets 2 2 3 Commodities Other non-current assets 2 2 — Total $ 80 $ 42 Derivative liabilities Derivatives designated as hedges: Foreign exchange Accounts payable and accrued liabilities 2 $ 42 $ 14 Commodities Accounts payable and accrued liabilities 2 7 26 Commodities Other non-current liabilities 2 2 5 Derivatives not designated as hedges: Foreign exchange Accounts payable and accrued liabilities 2 6 2 Commodities Accounts payable and accrued liabilities 2 2 5 Total $ 59 $ 52 Offsetting of Derivative Assets and Liabilities Certain derivative financial instruments are subject to agreements with counterparties similar to master netting arrangements and are eligible for offset. The Company has made an accounting policy election not to offset the fair values of these instruments within the statement of financial position. In the table below, the aggregate fair values of the Company's derivative assets and liabilities are presented on both a gross and net basis, where appropriate. Gross amounts recognized in the Balance Sheet Gross amounts not offset in the Balance Sheet Net amount Balance at June 30, 2016 Derivative assets $80 $16 $64 Derivative liabilities 59 16 43 Balance at December 31, 2015 Derivative assets $42 $9 $33 Derivative liabilities 52 9 43 Notional Values of Outstanding Derivative Instruments The aggregate U.S. dollar-equivalent notational values of outstanding derivative instruments in the Consolidated Balance Sheets at June 30, 2016 and December 31, 2015 were: June 30, 2016 December 31, 2015 Derivatives in cash flow hedges: Foreign exchange $ 804 $ 922 Commodities 218 324 Derivatives in fair value hedges: Foreign exchange 105 125 Derivatives not designated as hedges: Foreign exchange 585 674 Commodities 89 57

Restructuring and Other

Restructuring and Other	6 Months Ended
	Jun. 30, 2016
Restructuring Reserve [Abstract]
Restructuring and Other	Restructuring and Other The Company recorded restructuring and other charges as follows: Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Asset impairments and sales $ (5 ) $ (5 ) $ (7 ) $ 1 Restructuring 2 1 3 1 Transaction costs — 1 — 15 Other costs — — 3 — $ (3 ) $ (3 ) $ (1 ) $ 17 A summary of the outstanding accrual balances associated with current and prior restructuring actions is provided below. 2015 European Division Actions Through June 30, 2016 , the Company incurred charges of $17 re lated to the closure of two facilities in its European Food segment. The closures are expected to reduce cost by eliminating excess capacity and consolidating manufacturing processes. The facility closures are expected to result in the reduction of approximately 280 employees when completed in 2016. The Company expects to incur $12 of future charges related to these actions. The table below summarizes the restructuring accrual balances and utilization by cost type for these actions. Termination benefits Other exit costs Total Balance at January 1, 2016 $ 17 $ — $ 17 Provision — — — Payments (1 ) — (1 ) Foreign currency translation (1 ) — (1 ) Balance at June 30, 2016 $ 15 $ — $ 15 Other Actions At June 30, 2016 , the Company also had a restructuring accrual of $11 primarily related to prior actions to reduce manufacturing capacity and headcount in its European Aerosol and Specialty Packaging businesses. The Company expects to pay the liability through 2024 as certain employees have elected to receive payment as a fixed monthly sum over future years. The Company continues to review its supply and demand profile and long-term plans in its businesses, and it is possible that the Company may record additional restructuring charges in the future.

Debt

Debt	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Debt	Debt The Company's outstanding debt was as follows: June 30, 2016 December 31, 2015 Principal Carrying Principal Carrying outstanding amount outstanding amount Short-term debt $ 37 $ 37 $ 54 $ 54 Long-term debt Senior secured borrowings: Revolving credit facilities $ 148 $ 148 $ — $ — Term loan facilities U.S. dollar at LIBOR + 1.75% due 2018 1,131 1,121 831 821 €665 Euro at EURIBOR + 1.75% due 2018 738 731 723 714 Farm credit facility at LIBOR + 2.00% due 2019 355 351 355 350 Senior notes and debentures: U.S. dollar at 6.25% due 2021 — — 700 694 €650 at 4.0% due 2022 722 714 706 697 U. S. dollar at 4.50% due 2023 1,000 990 1,000 989 €600 at 3.375% due 2025 666 656 652 642 U.S. dollar at 7.375% due 2026 350 346 350 346 U.S. dollar at 7.50% due 2096 45 45 45 45 Other indebtedness in various currencies 145 145 166 166 Total long-term debt 5,300 5,247 5,528 5,464 Less current maturities (237 ) (236 ) (211 ) (209 ) Total long-term debt, less current maturities $ 5,063 $ 5,011 $ 5,317 $ 5,255 The estimated fair value of the Company’s long-term borrowings, using a market approach incorporating Level 2 inputs such as quoted market prices for the same or similar issues, was $5,443 at June 30, 2016 and $5,540 at December 31, 2015 . In February 2016, the Company amended its credit agreement to provide for an additional $300 of term loan borrowings, the proceeds of which, along with borrowings under the revolving credit facilities and cash on hand were used to redeem the Company's $700 6.25% senior notes due 2021. In connection with the redemption of the 2021 notes, the Company recorded a loss from early extinguishment of debt of $27 .

Asbestos-Related Liabilities

Asbestos-Related Liabilities	6 Months Ended
	Jun. 30, 2016
Liability for Asbestos and Environmental Claims [Abstract]
Asbestos-Related Liabilities	Asbestos-Related Liabilities Crown Cork & Seal Company, Inc. (“Crown Cork”) is one of many defendants in a substantial number of lawsuits filed throughout the United States by persons alleging bodily injury as a result of exposure to asbestos. These claims arose from the insulation operations of a U.S. company, the majority of whose stock Crown Cork purchased in 1963. Approximately ninety days after the stock purchase, this U.S. company sold its insulation assets and was later merged into Crown Cork. Prior to 1998, amounts paid to asbestos claimants were covered by a fund made available to Crown Cork under a 1985 settlement with carriers insuring Crown Cork through 1976, when Crown Cork became self-insured. The fund was depleted in 1998 and the Company has no remaining coverage for asbestos-related costs. In December 2001, the Commonwealth of Pennsylvania enacted legislation that limits the asbestos-related liabilities of Pennsylvania corporations that are successors by corporate merger to companies involved with asbestos. The legislation limits the successor’s liability for asbestos to the acquired company’s asset value adjusted for inflation. Crown Cork has paid significantly more for asbestos-related claims than the acquired company’s adjusted asset value. In November 2004, the legislation was amended to address a Pennsylvania Supreme Court decision (Ieropoli v. AC&S Corporation, et. al., No. 117 EM 2002) which held that the statute violated the Pennsylvania Constitution due to retroactive application. The Company cautions that the limitations of the statute, as amended, are subject to litigation and may not be upheld. In June 2003, the state of Texas enacted legislation that limits the asbestos-related liabilities in Texas courts of companies such as Crown Cork that allegedly incurred these liabilities because they are successors by corporate merger to companies that had been involved with asbestos. The Texas legislation, which applies to future claims and pending claims, caps asbestos-related liabilities at the total gross value of the predecessor’s assets adjusted for inflation. Crown Cork has paid significantly more for asbestos-related claims than the total adjusted value of its predecessor’s assets. In October 2010, the Texas Supreme Court, in a 6-2 decision, reversed a lower court decision, Barbara Robinson v. Crown Cork & Seal Company, Inc., No. 14-04-00658-CV, Fourteenth Court of Appeals, Texas, which had upheld the dismissal of an asbestos-related case against Crown Cork. The Texas Supreme Court held that the Texas legislation was unconstitutional under the Texas Constitution when applied to asbestos-related claims pending against Crown Cork when the legislation was enacted in June 2003. The Company believes that the decision of the Texas Supreme Court is limited to retroactive application of the Texas legislation to asbestos-related cases that were pending against Crown Cork in Texas on June 11, 2003 and therefore, in its accrual, continues to assign no value to claims filed after June 11, 2003. In recent years, the states of Alabama, Arizona, Arkansas, Florida, Georgia, Idaho, Indiana, Kansas, Michigan, Mississippi, Nebraska, North Carolina, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Tennessee, Utah, West Virginia, Wisconsin and Wyoming enacted legislation that limits asbestos-related liabilities under state law of companies such as Crown Cork that allegedly incurred these liabilities because they are successors by corporate merger to companies that had been involved with asbestos. The legislation, which applies to future and, with the exception of Arkansas, Georgia, South Carolina, South Dakota, West Virginia and Wyoming, pending claims, caps asbestos-related liabilities at the fair market value of the predecessor's total gross assets adjusted for inflation. Crown Cork has paid significantly more for asbestos-related claims than the total value of its predecessor's assets adjusted for inflation. Crown Cork has integrated the legislation into its claims defense strategy. The Company further cautions that an adverse ruling in any litigation relating to the constitutionality or applicability to Crown Cork of one or more statutes that limits the asbestos-related liability of alleged defendants like Crown Cork could have a material impact on the Company. During the six months ended June 30, 2016 , the Company paid $9 to settle outstanding claims and had claims activity as follows: Beginning claims 54,500 New claims 1,500 Settlements or dismissals (1,000 ) Ending claims 55,000 In the fourth quarter of each year, the Company performs an analysis of outstanding claims and categorizes these claims by year of exposure and state filed. As of December 31, 2015 , the Company's outstanding claims were: Claimants alleging first exposure after 1964 16,000 Claimants alleging first exposure before or during 1964 filed in: Texas 13,000 Pennsylvania 2,000 Other states that have enacted asbestos legislation 6,000 Other states 17,500 Total claims outstanding 54,500 The outstanding claims in each period exclude approximately 19,000 inactive claims. Due to the passage of time, the Company considers it unlikely that the plaintiffs in these cases will pursue further action against the Company. The exclusion of these inactive claims had no effect on the calculation of the Company’s accrual as the claims were filed in states, as described above, where the Company’s liability is limited by statute. With respect to claimants alleging first exposure to asbestos before or during 1964, the Company does not include in its accrual any amounts for settlements in states where the Company’s liability is limited by statute except for certain pending claims in Texas as described earlier. With respect to post-1964 claims, regardless of the existence of asbestos legislation, the Company does not include in its accrual any amounts for settlement of these claims because of increased difficulty of establishing identification of relevant insulation products as the cause of injury. Given the Company's settlement experience with post-1964 claims, it does not believe that an adverse ruling in the Texas or Pennsylvania asbestos litigation cases, or in any other state that has enacted asbestos legislation, would have a material impact on the Company with respect to such claims. As of December 31, the percentage of outstanding claims related to claimants alleging serious diseases (primarily mesothelioma and other malignancies) were as follows: 2015 2014 2013 Total claims 22 % 22 % 21 % Pre-1964 claims in states without asbestos legislation 41 % 41 % 39 % Crown Cork has entered into arrangements with plaintiffs’ counsel in certain jurisdictions with respect to claims which are not yet filed, or asserted, against it. However, Crown Cork expects claims under these arrangements to be filed or asserted against Crown Cork in the future. The projected value of these claims is included in the Company’s estimated liability as of June 30, 2016 . As of June 30, 2016 , the Company’s accrual for pending and future asbestos-related claims and related legal costs was $ 259 , including $ 213 for unasserted claims. The Company’s accrual includes estimated probable costs for claims through the year 2025 . The Company’s accrual excludes potential costs for claims beyond 2025 because the Company believes that the key assumptions underlying its accrual are subject to greater uncertainty as the projection period lengthens. It is reasonably possible that the actual loss could be in excess of the Company’s accrual. The Company is unable to estimate the reasonably possible loss in excess of its accrual due to uncertainty in the following assumptions that underlie the Company’s accrual and the possibility of losses in excess of such accrual: the amount of damages sought by the claimant (which was not specified for approximately 82% of the claims outstanding at the end of 2015 ), the Company and claimant’s willingness to negotiate a settlement, the terms of settlements of other defendants with asbestos-related liabilities, the bankruptcy filings of other defendants (which may result in additional claims and higher settlements for non-bankrupt defendants), the nature of pending and future claims (including the seriousness of alleged disease, whether claimants allege first exposure to asbestos before or during 1964 and the claimant’s ability to demonstrate the alleged link to Crown Cork), the volatility of the litigation environment, the defense strategies available to the Company, the level of future claims, the rate of receipt of claims, the jurisdiction in which claims are filed, and the effect of state asbestos legislation (including the validity and applicability of the Pennsylvania legislation to non-Pennsylvania jurisdictions, where the substantial majority of the Company’s asbestos cases are filed).

Commitments and Contingent Liab

Commitments and Contingent Liabilities	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Commitments and Contingent Liabilities The Company, along with others in most cases, has been identified by the EPA or a comparable state environmental agency as a Potentially Responsible Party (“PRP”) at a number of sites and has recorded aggregate accruals of $7 for its share of estimated future remediation costs at these sites. The Company has been identified as having either directly or indirectly disposed of commercial or industrial waste at the sites subject to the accrual, and where appropriate and supported by available information, generally has agreed to be responsible for a percentage of future remediation costs based on an estimated volume of materials disposed in proportion to the total materials disposed at each site. The Company has not had monetary sanctions imposed nor has the Company been notified of any potential monetary sanctions at any of the sites. The Company has also recorded aggregate accruals of $7 for remediation activities at various worldwide locations that are owned by the Company and for which the Company is not a member of a PRP group. Although the Company believes its accruals are adequate to cover its portion of future remediation costs, there can be no assurance that the ultimate payments will not exceed the amount of the Company’s accruals and will not have a material effect on its results of operations, financial position and cash flow. Any possible loss or range of potential loss that may be incurred in excess of the recorded accruals cannot be estimated. In March 2015, the Bundeskartellamt, or German Federal Cartel Office (“FCO”), conducted unannounced inspections of the premises of several metal packaging manufacturers, including a German subsidiary of the Company. The local court order authorizing the inspection cited FCO suspicions of anti-competitive agreements in the market for the supply of metal packaging products. The FCO’s investigation is ongoing. To date, the FCO has not officially charged the Company or any of its subsidiaries with any violations of competition law. The Company has commenced an internal investigation into the matter and has discovered instances of inappropriate conduct by certain employees of German subsidiaries of the Company. The Company is cooperating with the FCO and submitted a leniency application which disclosed the findings of its internal investigation to date and which may lead to the reduction of penalties that the FCO may impose. If the FCO finds that the Company or any of its subsidiaries violated competition law, the FCO has wide discretion to levy fines. At this stage of the investigation the Company believes that a loss is probable. However, the Company is unable to predict the ultimate outcome of the FCO’s investigation and is unable to estimate the loss or possible range of any additional losses that could be incurred, which could be material to the Company’s operating results and cash flows for the periods in which they are resolved or become reasonably estimable. The Company and its subsidiaries are also subject to various other lawsuits and claims with respect to governmental, labor, environmental, securities, vendor and other matters arising out of the Company’s normal course of business. While the impact on future financial results is not subject to reasonable estimation because considerable uncertainty exists, management believes that the ultimate liabilities resulting from such lawsuits and claims will not materially affect the Company’s consolidated earnings, financial position or cash flow. The Company has various commitments to purchase materials, supplies and utilities as part of the ordinary course of business. The Company’s basic raw materials for its products are steel and aluminum, both of which are purchased from multiple sources. The Company is subject to fluctuations in the cost of these raw materials and has periodically adjusted its selling prices to reflect these movements. There can be no assurance, however, that the Company will be able to fully recover any increases or fluctuations in raw material costs from its customers. The Company also has commitments for standby letters of credit and for purchases of capital assets. At June 30, 2016 , the Company was party to certain indemnification agreements covering environmental remediation, lease payments and other potential costs associated with properties sold or businesses divested. For agreements with defined liability limits the maximum potential amount of future liability was $7 . The Company accrues for costs related to these items when it is probable that a liability has been incurred and the amount can be reasonably estimated. At June 30, 2016 , the Company also had guarantees of $23 related to the residual values of leased assets.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table summarizes the computations of basic and diluted earnings per share attributable to the Company. Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Net income attributable to Crown Holdings $ 169 $ 142 $ 248 $ 186 Weighted average shares outstanding: Basic 138.5 137.9 138.3 137.8 Dilutive stock options and restricted stock 0.8 1.4 0.9 1.4 Diluted 139.3 139.3 139.2 139.2 Basic earnings per share $ 1.22 $ 1.03 $ 1.79 $ 1.35 Diluted earnings per share $ 1.21 $ 1.02 $ 1.78 $ 1.34 For the three and six months ended June 30, 2016 , 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.

Pension and Other Postretiremen

Pension and Other Postretirement Benefits	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits	Pension and Other Postretirement Benefits The components of net periodic pension and other postretirement benefits costs for the three and six months ended June 30, 2016 and 2015 were as follows: Three Months Ended Six Months Ended June 30 June 30 Pension benefits – U.S. plans 2016 2015 2016 2015 Service cost $ 3 $ 4 $ 7 $ 9 Interest cost 12 15 25 31 Expected return on plan assets (22 ) (25 ) (45 ) (50 ) Recognized net loss 13 13 25 25 Net periodic cost $ 6 $ 7 $ 12 $ 15 Three Months Ended Six Months Ended June 30 June 30 Pension benefits – Non-U.S. plans 2016 2015 2016 2015 Service cost $ 5 $ 7 $ 11 $ 12 Interest cost 27 30 53 60 Expected return on plan assets (41 ) (43 ) (82 ) (85 ) Recognized prior service credit (3 ) (4 ) (6 ) (7 ) Recognized net loss 13 14 26 27 Net periodic cost $ 1 $ 4 $ 2 $ 7 Three Months Ended Six Months Ended June 30 June 30 Other postretirement benefits 2016 2015 2016 2015 Service cost $ — $ — $ — $ — Interest cost 1 2 2 4 Recognized prior service credit (10 ) (9 ) (20 ) (17 ) Recognized net loss 1 2 2 3 Net periodic benefit $ (8 ) $ (5 ) $ (16 ) $ (10 ) During the six months ended June 30, 2016 , the Company also recorded a pension settlement charge of $3 which is included in restructuring and other in the Consolidated Statement of Operations.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The provision for income taxes differs from the amount of income tax determined by applying the U.S. statutory federal income tax rate to pre-tax income as a result of the following items: Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 U.S. statutory rate at 35% $ 88 $ 70 $ 136 $ 105 Tax on foreign income (27 ) (27 ) (41 ) (39 ) Tax contingencies 1 1 1 8 Valuation allowance — 2 2 5 Other items, net 3 3 5 7 Income tax provision $ 65 $ 49 $ 103 $ 86

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Information	Segment Information The Company evaluates performance and allocates resources based on segment income. Segment income, which is not a defined term under GAAP, is defined by the Company as income from operations adjusted to add back provisions for asbestos and restructuring and other, the impact of fair value adjustments related to the sale of inventory acquired in an acquisition and the timing impact of hedge ineffectiveness. Segment income should not be considered in isolation or as a substitute for net income data prepared in accordance with GAAP and may not be comparable to calculations of similarly titled measures by other companies. The tables below present information about the Company's operating segments. External Sales External Sales Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Americas Beverage $ 706 $ 741 $ 1,349 $ 1,358 North America Food 168 170 314 330 European Beverage 401 422 716 746 European Food 462 492 860 923 Asia Pacific 281 310 558 620 Total reportable segments 2,018 2,135 3,797 3,977 Non-reportable segments 124 143 238 298 Total $ 2,142 $ 2,278 $ 4,035 $ 4,275 The primary sources of revenue included in non-reportable segments are the Company's aerosol can businesses in North America and Europe, the Company's specialty packaging business in Europe and the Company's tooling and equipment operations in the U.S. and United Kingdom. Intersegment Sales Intersegment Sales Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Americas Beverage $ 18 $ 24 $ 33 $ 45 North America Food 7 1 13 2 European Beverage — — 1 — European Food 20 24 36 51 Asia Pacific — — — — Total reportable segments 45 49 83 98 Non-reportable segments 44 27 62 54 Total $ 89 $ 76 $ 145 $ 152 Intersegment sales primarily include sales of ends and components used to manufacture cans, such as printed and coated metal, as well as parts and equipment used in the manufacturing process. Segment Income Segment Income Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Americas Beverage $ 106 $ 99 $ 210 $ 184 North America Food 20 23 32 47 European Beverage 75 66 121 104 European Food 67 68 116 110 Asia Pacific 39 39 74 74 Total reportable segments $ 307 $ 295 $ 553 $ 519 A reconciliation of segment income of reportable segments to income before income taxes is as follows: Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Segment income of reportable segments $ 307 $ 295 $ 553 $ 519 Segment income of non-reportable segments 20 20 33 37 Corporate and unallocated items (35 ) (41 ) (73 ) (94 ) Restructuring and other 3 3 1 (17 ) Loss from early extinguishments of debt (9 ) (27 ) (9 ) Interest expense (58 ) (69 ) (122 ) (134 ) Interest income 2 2 5 4 Foreign exchange 11 1 17 (5 ) Income before income taxes $ 250 $ 202 $ 387 $ 301 Corporate and unallocated items includes corporate and division administrative costs, technology costs, and unallocated items such as the U.S. and U.K. pension plan costs, fair value adjustments for the sale of inventory acquired in an acquisition and the timing impact of hedge ineffectiveness.

Condensed Combining Financial I

Condensed Combining Financial Information	6 Months Ended
	Jun. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Combining Financial Information	Condensed Combining Financial Information Crown Cork & Seal Company, Inc. (Issuer), a 100% owned subsidiary of the Company, has $350 principal amount of 7.375% senior notes due 2026 and $45 principal amount of 7.5% senior notes due 2096 outstanding that are fully and unconditionally guaranteed by Crown Holdings, Inc. (Parent). No other subsidiary guarantees the debt. The following condensed combining financial statements: • statements of comprehensive income for the three and six months ended June 30, 2016 and 2015 , • balance sheets as of June 30, 2016 and December 31, 2015 , and • statements of cash flows for the six months ended June 30, 2016 and 2015 are presented on the following pages to comply with the Company’s requirements under Rule 3-10 of Regulation S-X. CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended June 30, 2016 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 2,142 $ 2,142 Cost of products sold, excluding depreciation and amortization 1,691 1,691 Depreciation and amortization 65 65 Selling and administrative expense $ 3 91 94 Restructuring and other (3 ) (3 ) Income from operations (3 ) 298 295 Net interest expense 25 31 56 Foreign exchange (11 ) (11 ) Income/(loss) before income taxes (28 ) 278 250 Provision for / (benefit from) income taxes (14 ) 79 65 Equity earnings / (loss) in affiliates $ 169 145 $ (314 ) — Net income 169 131 199 (314 ) 185 Net income attributable to noncontrolling interests (16 ) (16 ) Net income attributable to Crown Holdings $ 169 $ 131 $ 183 $ (314 ) $ 169 Comprehensive income $ 65 $ 41 $ 118 $ (141 ) $ 83 Comprehensive income attributable to noncontrolling interests (18 ) (18 ) Comprehensive income attributable to Crown Holdings $ 65 $ 41 $ 100 $ (141 ) $ 65 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended June 30, 2015 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 2,278 $ 2,278 Cost of products sold, excluding depreciation and amortization 1,843 1,843 Depreciation and amortization 62 62 Selling and administrative expense $ 3 96 99 Restructuring and other (3 ) (3 ) Income from operations (3 ) 280 277 Loss from early extinguishment of debt 9 9 Net interest expense 25 42 67 Foreign exchange (1 ) (1 ) Income/(loss) before income taxes (28 ) 230 202 Provision for / (benefit from) income taxes (8 ) 57 49 Equity earnings / (loss) in affiliates $ 142 131 $ (273 ) — Net income 142 111 173 (273 ) 153 Net income attributable to noncontrolling interests (11 ) (11 ) Net income attributable to Crown Holdings $ 142 $ 111 $ 162 $ (273 ) $ 142 Comprehensive income $ 150 $ 116 $ 181 $ (286 ) $ 161 Comprehensive income attributable to noncontrolling interests (11 ) (11 ) Comprehensive income attributable to Crown Holdings $ 150 $ 116 $ 170 $ (286 ) $ 150 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the six months ended June 30, 2016 (in millions) Parent Issuer Non- Eliminations Total Net sales $ 4,035 $ 4,035 Cost of products sold, excluding depreciation and amortization 3,212 3,212 Depreciation and amortization 125 125 Selling and administrative expense $ 5 180 185 Restructuring and other (1 ) (1 ) Income from operations (5 ) 519 514 Loss from early extinguishment of debt 27 27 Net interest expense 52 65 117 Foreign exchange (17 ) (17 ) Income/(loss) before income taxes (57 ) 444 387 Provision for / (benefit from) income taxes (21 ) 124 103 Equity earnings / (loss) in affiliates $ 248 222 $ (470 ) — Net income 248 186 320 (470 ) 284 Net income attributable to noncontrolling interests (36 ) (36 ) Net income attributable to Crown Holdings $ 248 $ 186 $ 284 $ (470 ) $ 248 Comprehensive income $ 167 $ 186 $ 263 $ (410 ) $ 206 Comprehensive income attributable to noncontrolling interests (39 ) (39 ) Comprehensive income attributable to Crown Holdings $ 167 $ 186 $ 224 $ (410 ) $ 167 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the six months ended June 30, 2015 (in millions) Parent Issuer Non- Eliminations Total Net sales $ 4,275 $ 4,275 Cost of products sold, excluding depreciation and amortization 3,503 3,503 Depreciation and amortization 113 113 Selling and administrative expense $ 5 192 197 Restructuring and other 17 17 Income from operations (5 ) 450 445 Loss from early extinguishment of debt 9 9 Net interest expense 51 79 130 Foreign exchange 5 5 Income/(loss) before income taxes (56 ) 357 301 Provision for / (benefit from) income taxes (9 ) 95 86 Equity earnings / (loss) in affiliates $ 186 188 $ (374 ) — Net income 186 141 262 (374 ) 215 Net income attributable to noncontrolling interests (29 ) (29 ) Net income attributable to Crown Holdings $ 186 $ 141 $ 233 $ (374 ) $ 186 Comprehensive Income $ (6 ) $ 38 $ 68 $ (79 ) $ 21 Comprehensive income attributable to noncontrolling interests (27 ) (27 ) Comprehensive income attributable to Crown Holdings $ (6 ) $ 38 $ 41 $ (79 ) $ (6 ) CONDENSED COMBINING BALANCE SHEET As of June 30, 2016 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 370 $ 370 Receivables, net 929 929 Inventories 1,419 1,419 Prepaid expenses and other current assets $ 1 239 240 Total current assets 1 — 2,957 2,958 Intercompany debt receivables 3,563 $ (3,563 ) — Investments 2,955 $ 2,708 (5,663 ) — Goodwill and intangible assets 3,472 3,472 Property, plant and equipment, net 2,700 2,700 Other non-current assets 430 216 646 Total $ 2,956 $ 3,138 $ 12,908 $ (9,226 ) $ 9,776 Liabilities and equity Current liabilities Short-term debt $ 37 $ 37 Current maturities of long-term debt 236 236 Accounts payable and accrued liabilities $ 12 $ 35 2,507 2,554 Total current liabilities 12 35 2,780 2,827 Long-term debt, excluding current maturities 391 4,620 5,011 Long-term intercompany debt 2,626 937 $ (3,563 ) — Postretirement and pension liabilities 672 672 Other non-current liabilities 292 351 643 Commitments and contingent liabilities Noncontrolling interests 305 305 Crown Holdings shareholders’ equity/(deficit) 318 1,483 4,180 (5,663 ) 318 Total equity/(deficit) 318 1,483 4,485 (5,663 ) 623 Total $ 2,956 $ 3,138 $ 12,908 $ (9,226 ) $ 9,776 CONDENSED COMBINING BALANCE SHEET As of December 31, 2015 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 717 $ 717 Receivables, net 912 912 Inventories 1,213 1,213 Prepaid expenses and other current assets $ 2 205 207 Total current assets — 2 3,047 3,049 Intercompany debt receivables 3,654 $ (3,654 ) — Investments $ 2,937 2,490 (5,427 ) — Goodwill and intangible assets 3,580 3,580 Property, plant and equipment, net 2,699 2,699 Other non-current assets 430 262 692 Total $ 2,937 $ 2,922 $ 13,242 $ (9,081 ) $ 10,020 Liabilities and equity Current liabilities Short-term debt $ 54 $ 54 Current maturities of long-term debt 209 209 Accounts payable and accrued liabilities $ 24 $ 41 2,580 2,645 Total current liabilities 24 41 2,843 2,908 Long-term debt, excluding current maturities 391 4,864 5,255 Long-term intercompany debt 2,769 885 $ (3,654 ) — Postretirement and pension liabilities 767 767 Other non-current liabilities 309 346 655 Commitments and contingent liabilities Noncontrolling interests 291 291 Crown Holdings shareholders’ equity/(deficit) 144 1,296 4,131 (5,427 ) 144 Total equity/(deficit) 144 1,296 4,422 (5,427 ) 435 Total $ 2,937 $ 2,922 $ 13,242 $ (9,081 ) $ 10,020 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the six months ended June 30, 2016 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (4 ) $ (52 ) $ 124 (5 ) $ 63 Cash flows from investing activities Capital expenditures (143 ) (143 ) Intercompany investing activities 150 $ (150 ) — Other 18 18 Net cash provided by/(used for) investing activities 150 — (125 ) (150 ) (125 ) Cash flows from financing activities Proceeds from long-term debt 304 304 Payments of long-term debt (725 ) (725 ) Net change in revolving credit facility and short-term debt 138 138 Net change in long-term intercompany balances (143 ) 52 91 — Debt issue costs (2 ) (2 ) Common stock issued 5 5 Common stock repurchased (8 ) (8 ) Dividends paid (155 ) 155 — Contributions from noncontrolling interests 1 1 Dividend paid to noncontrolling interests (26 ) (26 ) Foreign exchange derivatives related to debt 32 32 Net cash provided by/(used for) financing activities (146 ) 52 (342 ) 155 (281 ) Effect of exchange rate changes on cash and cash equivalents (4 ) (4 ) Net change in cash and cash equivalents — — (347 ) — (347 ) Cash and cash equivalents at January 1 717 717 Cash and cash equivalents at June 30 $ — $ — $ 370 $ — $ 370 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the six months ended June 30, 2015 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ 10 $ (56 ) $ 31 $ (15 ) Cash flows from investing activities Capital expenditures (111 ) (111 ) Purchase of business (1,207 ) (1,207 ) Proceeds from sale of business 30 30 Intercompany investing activities (862 ) 5 862 $ (5 ) — Other (14 ) (14 ) Net cash provided by/(used for) investing activities (862 ) 5 (440 ) (5 ) (1,302 ) Cash flows from financing activities Proceeds from long-term debt 1,421 1,421 Payments of long-term debt (752 ) (752 ) Net change in revolving credit facility and short-term debt 96 96 Net change in long-term intercompany balances 856 51 (907 ) — Debt issue costs (17 ) (17 ) Common stock issued 5 5 Common stock repurchased (9 ) (9 ) Dividends paid (5 ) 5 — Dividend paid to noncontrolling interests (17 ) (17 ) Foreign exchange derivatives related to debt (48 ) (48 ) Net cash provided by/(used for) financing activities 852 51 (229 ) 5 679 Effect of exchange rate changes on cash and cash equivalents (39 ) (39 ) Net change in cash and cash equivalents — — (677 ) — (677 ) Cash and cash equivalents at January 1 965 965 Cash and cash equivalents at June 30 $ — $ — $ 288 $ — $ 288 Crown Americas, LLC, Crown Americas Capital Corp. II and Crown Americas Capital Corp. III (collectively, the Issuer), 100% owned subsidiaries of the Company, have outstanding $1,000 principal amount of 4.5% senior notes due 2023 , which are fully and unconditionally guaranteed by Crown Holdings, Inc. (Parent) and substantially all subsidiaries in the United States. The guarantors are 100% owned by the Company and the guarantees are made on a joint and several basis. The following condensed combining financial statements: • statements of comprehensive income for the three and six months ended June 30, 2016 and 2015 , • balance sheets as of June 30, 2016 and December 31, 2015 , and • statements of cash flows for the six months ended June 30, 2016 and 2015 are presented on the following pages to comply with the Company’s requirements under Rule 3-10 of Regulation S-X. CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended June 30, 2016 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 508 $ 1,634 $ 2,142 Cost of products sold, excluding depreciation and amortization 407 1,284 1,691 Depreciation and amortization 8 57 65 Selling and administrative expense $ 2 33 59 94 Restructuring and other (5 ) 2 (3 ) Income from operations 3 60 232 295 Net interest expense 15 21 20 56 Technology royalty (10 ) 10 — Foreign exchange (17 ) (11 ) $ 17 (11 ) Income/(loss) before income taxes 5 49 213 (17 ) 250 Provision for / (benefit from) income taxes 2 15 54 (6 ) 65 Equity earnings / (loss) in affiliates $ 169 33 97 (299 ) — Net income 169 36 131 159 (310 ) 185 Net income attributable to noncontrolling interests (16 ) (16 ) Net income attributable to Crown Holdings $ 169 $ 36 $ 131 $ 143 $ (310 ) $ 169 Comprehensive income $ 65 $ 39 $ 41 $ 37 $ (99 ) $ 83 Comprehensive income attributable to noncontrolling interests (18 ) (18 ) Comprehensive income attributable to Crown Holdings $ 65 $ 39 $ 41 $ 19 $ (99 ) $ 65 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended June 30, 2015 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 542 $ 1,736 $ 2,278 Cost of products sold, excluding depreciation and amortization 433 1,410 1,843 Depreciation and amortization 8 54 62 Selling and administrative expense $ 3 36 60 99 Restructuring and other 2 (5 ) (3 ) Income from operations (3 ) 63 217 277 Loss from early extinguishment of debt 9 9 Net interest expense 24 23 20 67 Technology royalty (10 ) 10 — Foreign exchange 8 (1 ) (8 ) (1 ) Income/(loss) before income taxes (44 ) 50 188 8 202 Provision for / (benefit from) income taxes (17 ) 23 40 3 49 Equity earnings / (loss) in affiliates $ 142 38 84 $ (264 ) — Net income 142 11 111 148 (259 ) 153 Net income attributable to noncontrolling interests (11 ) (11 ) Net income attributable to Crown Holdings $ 142 $ 11 $ 111 $ 137 $ (259 ) $ 142 Comprehensive income $ 150 $ 13 $ 116 $ 162 $ (280 ) $ 161 Comprehensive income attributable to noncontrolling interests (11 ) (11 ) Comprehensive income attributable to Crown Holdings $ 150 $ 13 $ 116 $ 151 $ (280 ) $ 150 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the six months ended June 30, 2016 (in millions) Parent Issuer Guarantors Non- Eliminations Total Net sales $ 955 $ 3,080 $ 4,035 Cost of products sold, excluding depreciation and amortization 770 2,442 3,212 Depreciation and amortization 16 109 125 Selling and administrative expense $ 5 68 112 185 Restructuring and other (5 ) 4 (1 ) Income from operations — 97 417 514 Loss from early extinguishment of debt 27 27 Net interest expense 35 43 39 117 Technology royalty (19 ) 19 — Foreign exchange 15 (17 ) $ (15 ) (17 ) Income/(loss) before income taxes (77 ) 73 376 15 387 Provision for / (benefit from) income taxes (29 ) 29 98 5 103 Equity earnings / (loss) in affiliates $ 248 97 142 (487 ) — Net income 248 49 186 278 (477 ) 284 Net income attributable to noncontrolling interests (36 ) (36 ) Net income attributable to Crown Holdings $ 248 $ 49 $ 186 $ 242 $ (477 ) $ 248 Comprehensive Income $ 167 $ 55 $ 186 $ 209 $ (411 ) $ 206 Comprehensive income attributable to noncontrolling interests (39 ) (39 ) Comprehensive income attributable to Crown Holdings $ 167 $ 55 $ 186 $ 170 $ (411 ) $ 167 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the six months ended June 30, 2015 (in millions) Parent Issuer Guarantors Non- Eliminations Total Net sales $ 1,028 $ 3,247 $ 4,275 Cost of products sold, excluding depreciation and amortization 820 2,683 3,503 Depreciation and amortization 16 97 113 Selling and administrative expense $ 5 78 114 197 Restructuring and other 2 15 17 Income from operations (5 ) 112 338 445 Loss from early extinguishment of debt 9 9 Net interest expense 44 46 40 130 Technology royalty (19 ) 19 — Foreign exchange 8 5 $ (8 ) 5 Income/(loss) before income taxes (66 ) 85 274 8 301 Provision for / (benefit from) income taxes (25 ) 46 62 3 86 Equity earnings / (loss) in affiliates $ 186 88 102 (376 ) — Net income 186 47 141 212 (371 ) 215 Net income attributable to noncontrolling interests (29 ) (29 ) Net income attributable to Crown Holdings $ 186 $ 47 $ 141 $ 183 $ (371 ) $ 186 Comprehensive income $ (6 ) $ 53 $ 38 $ 20 $ (84 ) $ 21 Comprehensive income attributable to noncontrolling interests (27 ) (27 ) Comprehensive income attirbutable to Crown Holdings $ (6 ) $ 53 $ 38 $ (7 ) $ (84 ) $ (6 ) CONDENSED COMBINING BALANCE SHEET As of June 30, 2016 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 69 $ 301 $ 370 Receivables, net 4 $ 9 916 929 Intercompany receivables 19 8 $ (27 ) — Inventories 316 1,103 1,419 Prepaid expenses and other current assets $ 1 1 10 228 240 Total current assets 1 74 354 2,556 (27 ) 2,958 Intercompany debt receivables 2,800 3,401 682 (6,883 ) — Investments 2,955 2,293 787 (6,035 ) — Goodwill and intangible assets 469 3,003 3,472 Property, plant and equipment, net 1 415 2,284 2,700 Other non-current assets 5 445 196 646 Total $ 2,956 $ 5,173 $ 5,871 $ 8,721 $ (12,945 ) $ 9,776 Liabilities and equity Current liabilities Short-term debt $ 37 $ 37 Current maturities of long-term debt $ 122 114 236 Accounts payable and accrued liabilities $ 12 29 $ 578 1,935 2,554 Intercompany payables 8 19 $ (27 ) — Total current liabilities 12 151 586 2,105 (27 ) 2,827 Long-term debt, excluding current maturities 2,410 391 2,210 5,011 Long-term intercompany debt 2,626 1,298 2,769 190 (6,883 ) — Postretirement and pension liabilities 341 331 672 Other non-current liabilities 301 342 643 Commitments and contingent liabilities Noncontrolling interests 305 305 Crown Holdings shareholders’ equity/(deficit) 318 1,314 1,483 3,238 (6,035 ) 318 Total equity/(deficit) 318 1,314 1,483 3,543 (6,035 ) 623 Total $ 2,956 $ 5,173 $ 5,871 $ 8,721 $ (12,945 ) $ 9,776 CONDENSED COMBINING BALANCE SHEET As of December 31, 2015 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 104 $ 613 $ 717 Receivables, net $ 23 889 912 Intercompany receivables 30 2 $ (32 ) — Inventories 291 922 1,213 Prepaid expenses and other current assets 2 7 198 207 Total current assets 106 351 2,624 (32 ) 3,049 Intercompany debt receivables 3,111 3,471 681 (7,263 ) — Investments $ 2,937 2,199 804 (5,940 ) — Goodwill and intangible assets 471 3,109 3,580 Property, plant and equipment, net 1 390 2,308 2,699 Other non-current assets 6 457 229 692 Total $ 2,937 $ 5,423 $ 5,944 $ 8,951 $ (13,235 ) $ 10,020 Liabilities and equity Current liabilities Short-term debt $ 54 $ 54 Current maturities of long-term debt $ 90 119 209 Accounts payable and accrued liabilities $ 24 47 $ 526 2,048 2,645 Intercompany payables 2 30 $ (32 ) — Total current liabilities 24 137 528 2,251 (32 ) 2,908 Long-term debt, excluding current maturities 2,759 391 2,105 5,255 Long-term intercompany debt 2,769 1,268 3,041 185 (7,263 ) — Postretirement and pension liabilities 377 390 767 Other non-current liabilities 311 344 655 Commitments and contingent liabilities Noncontrolling interests 291 291 Crown Holdings shareholders’ equity/(deficit) 144 1,259 1,296 3,385 (5,940 ) 144 Total equity/(deficit) 144 1,259 1,296 3,676 (5,940 ) 435 Total $ 2,937 $ 5,423 $ 5,944 $ 8,951 $ (13,235 ) $ 10,020 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the six months ended June 30, 2016 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net provided by/(used for) operating activities $ (4 ) $ (49 ) $ 92 $ 38 $ (14 ) $ 63 Cash flows from investing activities Capital expenditures (50 ) (93 ) (143 ) Intercompany investing activities 150 150 (300 ) — Other 10 8 18 Net cash provided by/(used for) investing activities 150 — 110 (85 ) (300 ) (125 ) Cash flows from financing activities Proceeds from long-term debt 300 4 304 Payments of long-term debt (700 ) (25 ) (725 ) Net change in revolving credit facility and short-term debt 75 63 138 Net change in long-term intercompany balances (143 ) 341 (202 ) 4 — Debt issue costs (2 ) (2 ) Common stock issued 5 5 Common stock repurchased (8 ) (8 ) Dividends paid (314 ) 314 — Contributions from noncontrolling interests 1 1 Dividends paid to noncontrolling interests (26 ) (26 ) Foreign exchange derivatives related to debt 32 32 Net cash provided by/(used for) financing activities (146 ) 14 (202 ) (261 ) 314 (281 ) Effect of exchange rate changes on cash and cash equivalents (4 ) (4 ) Net change in cash and cash equivalents — (35 ) — (312 ) — (347 ) Cash and cash equivalents at January 1 104 613 717 Cash and cash equivalents at June 30 $ — $ 69 $ — $ 301 $ — $ 370 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the six months ended June 30, 2015 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net provided by/(used for) operating activities $ 10 $ (29 ) $ 64 $ (60 ) $ (15 ) Cash flows from investing activities Capital expenditures (21 ) (90 ) (111 ) Purchase of business (1,207 ) (1,207 ) Proceeds from sale of business 30 30 Intercompany investing activities (862 ) 2 9 862 $ (11 ) — Other (10 ) (4 ) (14 ) Net cash provided by/(used for) investing activities (862 ) 2 (22 ) (409 ) (11 ) (1,302 ) Cash flows from financing activities Proceeds from long-term debt 750 671 1,421 Payments of long-term debt (675 ) (77 ) (752 ) Net change in revolving credit facility and short-term debt 40 56 96 Net change in long-term intercompany balances 856 (150 ) (42 ) (664 ) — Debt issue costs (9 ) (8 ) (17 ) Common stock issued 5 5 Common stock repurchased (9 ) (9 ) Dividends paid (11 ) 11 — Dividends paid to noncontrolling interests (17 ) (17 ) Foreign exchange derivatives related to debt (48 ) (48 ) Net cash provided by/(used for) financing activities 852 (44 ) (42 ) (98 ) 11 679 Effect of exchange rate changes on cash and cash equivalents (39 ) (39 ) Net change in cash and cash equivalents — (71 ) — (606 ) — (677 ) Cash and cash equivalents at January 1 128 837 965 Cash and cash equivalents at June 30 $ — $ 57 $ — $ 231 $ — $ 288

Accounting and Reporting Deve24

Accounting and Reporting Developments (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Recently Issued Accounting Standards	Recently Issued Accounting Standards In May 2014, the FASB issued new guidance related to how an entity should recognize revenue. The guidance specifies that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. In addition, the guidance expands the required disclosures related to revenue and cash flows from contracts with customers. The guidance is effective for the Company beginning in the first quarter of 2018 with early adoption permitted beginning in the first quarter of 2017. The Company will adopt this standard on a modified retrospective basis. The Company is still evaluating the impact of adopting this guidance on its financial position and results of operations. In July 2015, the FASB issued new guidance related to the subsequent measurement of inventory. Under existing guidance, inventory was measured at the lower of cost or market, where market was defined as replacement cost, with a ceiling of net realizable value and floor of net realizable value less a normal profit margin. The new guidance requires an entity to subsequently measure inventory at the lower of cost or net realizable value, which is defined as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The guidance will be effective for the Company on January 1, 2017 and is not expected to have a material impact on the Company’s consolidated financial statements. In February 2016, the FASB issued new guidance on lease accounting. Under the new guidance lease classification criteria and income statement recognition is similar to current guidance; however, all leases with a lease term longer than one year will be recorded on the balance sheet through a right-of-use asset and a corresponding lease liability. The guidance will be effective for the Company on January 1, 2019. The Company is currently evaluating the impact of adopting this guidance on its financial position and results of operations. In March 2016, the FASB issued new guidance on share-based payments. The new guidance includes provisions to simplify various aspects of how share-based payments are accounted for and presented in the financial statements. Under the current guidance, upon settlement tax benefits in excess of compensation costs ("windfalls") are recorded in equity and tax deficiencies are recorded in equity to the extent of previous windfalls. Under the new guidance all of the tax effects related to share-based payments at settlement will be recorded through the income statement. The guidance will be effective for the Company on January 1, 2017. The Company is currently evaluating the impact of adopting this guidance on its financial position and results of operations.

Accumulated Other Comprehensi25

Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table provides information about the changes in each component of accumulated other comprehensive income. Defined benefit plans Foreign currency translation Gains and losses on cash flow hedges Total Balance at December 31, 2014 $ (1,781 ) $ (980 ) $ (4 ) $ (2,765 ) Other comprehensive loss before reclassifications (206 ) (13 ) (219 ) Amounts reclassified from accumulated other comprehensive income 23 4 27 Other comprehensive income (loss) 23 (206 ) (9 ) (192 ) Balance at June 30, 2015 $ (1,758 ) $ (1,186 ) $ (13 ) $ (2,957 ) Balance at December 31, 2015 $ (1,690 ) $ (1,446 ) $ (18 ) $ (3,154 ) Other comprehensive income (loss) before reclassifications (125 ) 15 (110 ) Amounts reclassified from accumulated other comprehensive income 23 6 29 Other comprehensive income (loss) 23 (125 ) 21 (81 ) Balance at June 30, 2016 $ (1,667 ) $ (1,571 ) $ 3 $ (3,235 ) The following table provides information about amounts reclassified from accumulated other comprehensive income. Three Months Ended Six Months Ended Details about accumulated other June 30 June 30 Affected line item in the comprehensive income components 2016 2015 2016 2015 statement of operations (Gains) losses on cash flow hedges Commodities $ 3 $ 5 $ 10 $ 4 Cost of products sold 3 5 10 4 Income before taxes (1 ) (1 ) (3 ) (1 ) Provision for income taxes $ 2 $ 4 $ 7 $ 3 Net income Foreign exchange $ 2 $ (1 ) $ 4 $ (1 ) Net sales (1 ) 1 (5 ) 2 Cost of products sold 1 — (1 ) 1 Income before taxes Provision for income taxes $ 1 $ — $ (1 ) $ 1 Net income Total losses on cash flow hedges $ 3 $ 4 $ 6 $ 4 Amortization of defined benefit plan items Actuarial losses $ 27 $ 28 $ 56 $ 55 (a) Prior service credit (13 ) (12 ) (26 ) (24 ) (a) 14 16 30 31 Income before taxes (3 ) (4 ) (7 ) (8 ) Provision for income taxes $ 11 $ 12 $ 23 $ 23 Net income Total reclassifications for the period $ 14 $ 16 $ 29 $ 27 (a) These accumulated other comprehensive income components are included in the computation of net periodic pension and postretirement cost. See Note N for further details.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2016
Share-based Compensation [Abstract]
Summary of Restricted Stock Transactions	A summary of restricted stock transactions during the six months ended June 30, 2016 follows: Number of shares Non-vested stock awards outstanding at January 1, 2016 1,778,275 Awarded: Time-vesting shares 127,167 Performance-based shares 137,374 Released: Time-vesting shares (412,889 ) Performance-based shares (90,003 ) Forfeitures: Time-vesting shares (19,551 ) Performance-based shares (161,415 ) Non-vested stock awards outstanding at June 30, 2016 1,358,958

Receivables (Tables)

Receivables (Tables)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Schedule of Receivables	June 30, 2016 December 31, 2015 Accounts receivable $ 816 $ 827 Less: allowance for doubtful accounts (87 ) (83 ) Net trade receivables 729 744 Miscellaneous receivables 200 168 Receivables, net $ 929 $ 912

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2016
Inventory, Gross [Abstract]
Components of Inventories	June 30, 2016 December 31, 2015 Raw materials and supplies $ 638 $ 599 Work in process 153 129 Finished goods 628 485 $ 1,419 $ 1,213

Derivative and Other Financia29

Derivative and Other Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2016
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Accumulated Other Comprehensive Income (AOCI) and Earnings From Changes In Fair Value Related To Derivative Instruments	The following table sets forth financial information about the impact on accumulated other comprehensive income (“AOCI”) and earnings from changes in the fair value of derivative instruments. Amount of gain/(loss) Amount of gain/(loss) recognized in AOCI reclassified from AOCI (effective portion) into earnings Three Months Ended Six Months Ended Three Months Ended Six Months Ended Derivatives in cash flow hedges June 30, 2016 June 30, 2016 June 30, 2016 June 30, 2016 Foreign exchange $ 3 $ 3 $ (1 ) $ 1 Commodities 14 12 (2 ) (7 ) Total $ 17 $ 15 $ (3 ) $ (6 ) Amount of gain/(loss) Amount of gain/(loss) recognized in AOCI reclassified from AOCI (effective portion) into earnings Three Months Ended Six Months Ended Three Months Ended Six Months Ended Derivatives in cash flow hedges June 30, 2015 June 30, 2015 June 30, 2015 June 30, 2015 Foreign exchange $ (3 ) $ (2 ) $ — $ (1 ) Commodities (9 ) (11 ) (4 ) (3 ) Total $ (12 ) $ (13 ) $ (4 ) $ (4 )
Fair Value of Outstanding Derivative Instruments in the Consolidated Balance Sheets	The following table sets forth the fair value hierarchy for the Company's financial assets and liabilities that were accounted for at fair value on a recurring basis as of June 30, 2016 and December 31, 2015 , respectively. Balance Sheet classification Fair Value hierarchy June 30, December 31, Derivative assets Derivatives designated as hedges: Foreign exchange Other current assets 2 $ 63 $ 32 Commodities Other current assets 2 10 5 Commodities Other non-current assets 2 3 2 Derivatives not designated as hedges: Commodities Other current assets 2 2 3 Commodities Other non-current assets 2 2 — Total $ 80 $ 42 Derivative liabilities Derivatives designated as hedges: Foreign exchange Accounts payable and accrued liabilities 2 $ 42 $ 14 Commodities Accounts payable and accrued liabilities 2 7 26 Commodities Other non-current liabilities 2 2 5 Derivatives not designated as hedges: Foreign exchange Accounts payable and accrued liabilities 2 6 2 Commodities Accounts payable and accrued liabilities 2 2 5 Total $ 59 $ 52
Schedule of Offsetting Derivative Assets and Liabilities	In the table below, the aggregate fair values of the Company's derivative assets and liabilities are presented on both a gross and net basis, where appropriate. Gross amounts recognized in the Balance Sheet Gross amounts not offset in the Balance Sheet Net amount Balance at June 30, 2016 Derivative assets $80 $16 $64 Derivative liabilities 59 16 43 Balance at December 31, 2015 Derivative assets $42 $9 $33 Derivative liabilities 52 9 43
Notional Values of Outstanding Derivative Instruments in the Consolidated Balance Sheet	The aggregate U.S. dollar-equivalent notational values of outstanding derivative instruments in the Consolidated Balance Sheets at June 30, 2016 and December 31, 2015 were: June 30, 2016 December 31, 2015 Derivatives in cash flow hedges: Foreign exchange $ 804 $ 922 Commodities 218 324 Derivatives in fair value hedges: Foreign exchange 105 125 Derivatives not designated as hedges: Foreign exchange 585 674 Commodities 89 57

Restructuring and Other (Tables

Restructuring and Other (Tables)	6 Months Ended
	Jun. 30, 2016
Restructuring Reserve [Abstract]
Restructuring and Other Charges	The Company recorded restructuring and other charges as follows: Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Asset impairments and sales $ (5 ) $ (5 ) $ (7 ) $ 1 Restructuring 2 1 3 1 Transaction costs — 1 — 15 Other costs — — 3 — $ (3 ) $ (3 ) $ (1 ) $ 17
Restructuring Accrual Balances and Utilization by Cost Type	The table below summarizes the restructuring accrual balances and utilization by cost type for these actions. Termination benefits Other exit costs Total Balance at January 1, 2016 $ 17 $ — $ 17 Provision — — — Payments (1 ) — (1 ) Foreign currency translation (1 ) — (1 ) Balance at June 30, 2016 $ 15 $ — $ 15

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Summary of Outstanding Debt	The Company's outstanding debt was as follows: June 30, 2016 December 31, 2015 Principal Carrying Principal Carrying outstanding amount outstanding amount Short-term debt $ 37 $ 37 $ 54 $ 54 Long-term debt Senior secured borrowings: Revolving credit facilities $ 148 $ 148 $ — $ — Term loan facilities U.S. dollar at LIBOR + 1.75% due 2018 1,131 1,121 831 821 €665 Euro at EURIBOR + 1.75% due 2018 738 731 723 714 Farm credit facility at LIBOR + 2.00% due 2019 355 351 355 350 Senior notes and debentures: U.S. dollar at 6.25% due 2021 — — 700 694 €650 at 4.0% due 2022 722 714 706 697 U. S. dollar at 4.50% due 2023 1,000 990 1,000 989 €600 at 3.375% due 2025 666 656 652 642 U.S. dollar at 7.375% due 2026 350 346 350 346 U.S. dollar at 7.50% due 2096 45 45 45 45 Other indebtedness in various currencies 145 145 166 166 Total long-term debt 5,300 5,247 5,528 5,464 Less current maturities (237 ) (236 ) (211 ) (209 ) Total long-term debt, less current maturities $ 5,063 $ 5,011 $ 5,317 $ 5,255

Asbestos-Related Liabilities (T

Asbestos-Related Liabilities (Tables)	6 Months Ended
	Jun. 30, 2016
Liability for Asbestos and Environmental Claims [Abstract]
Summary of Claims Activity	During the six months ended June 30, 2016 , the Company paid $9 to settle outstanding claims and had claims activity as follows: Beginning claims 54,500 New claims 1,500 Settlements or dismissals (1,000 ) Ending claims 55,000
Summary of Outstanding Asbestos Claims by Years of Exposure and State Filed	In the fourth quarter of each year, the Company performs an analysis of outstanding claims and categorizes these claims by year of exposure and state filed. As of December 31, 2015 , the Company's outstanding claims were: Claimants alleging first exposure after 1964 16,000 Claimants alleging first exposure before or during 1964 filed in: Texas 13,000 Pennsylvania 2,000 Other states that have enacted asbestos legislation 6,000 Other states 17,500 Total claims outstanding 54,500
Summary of Percentage of Outstanding Claims Related to Claimants Alleging Serious Diseases	As of December 31, the percentage of outstanding claims related to claimants alleging serious diseases (primarily mesothelioma and other malignancies) were as follows: 2015 2014 2013 Total claims 22 % 22 % 21 % Pre-1964 claims in states without asbestos legislation 41 % 41 % 39 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Computations of Basic and Diluted Earnings Per Share	The following table summarizes the computations of basic and diluted earnings per share attributable to the Company. Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Net income attributable to Crown Holdings $ 169 $ 142 $ 248 $ 186 Weighted average shares outstanding: Basic 138.5 137.9 138.3 137.8 Dilutive stock options and restricted stock 0.8 1.4 0.9 1.4 Diluted 139.3 139.3 139.2 139.2 Basic earnings per share $ 1.22 $ 1.03 $ 1.79 $ 1.35 Diluted earnings per share $ 1.21 $ 1.02 $ 1.78 $ 1.34

Pension and Other Postretirem34

Pension and Other Postretirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2016
Pension Benefits - U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components of Net Periodic Pension and Other Postretirement Benefits Costs	The components of net periodic pension and other postretirement benefits costs for the three and six months ended June 30, 2016 and 2015 were as follows: Three Months Ended Six Months Ended June 30 June 30 Pension benefits – U.S. plans 2016 2015 2016 2015 Service cost $ 3 $ 4 $ 7 $ 9 Interest cost 12 15 25 31 Expected return on plan assets (22 ) (25 ) (45 ) (50 ) Recognized net loss 13 13 25 25 Net periodic cost $ 6 $ 7 $ 12 $ 15
Pension Benefits - Non-U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components of Net Periodic Pension and Other Postretirement Benefits Costs	Three Months Ended Six Months Ended June 30 June 30 Pension benefits – Non-U.S. plans 2016 2015 2016 2015 Service cost $ 5 $ 7 $ 11 $ 12 Interest cost 27 30 53 60 Expected return on plan assets (41 ) (43 ) (82 ) (85 ) Recognized prior service credit (3 ) (4 ) (6 ) (7 ) Recognized net loss 13 14 26 27 Net periodic cost $ 1 $ 4 $ 2 $ 7
Other Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Components of Net Periodic Pension and Other Postretirement Benefits Costs	Three Months Ended Six Months Ended June 30 June 30 Other postretirement benefits 2016 2015 2016 2015 Service cost $ — $ — $ — $ — Interest cost 1 2 2 4 Recognized prior service credit (10 ) (9 ) (20 ) (17 ) Recognized net loss 1 2 2 3 Net periodic benefit $ (8 ) $ (5 ) $ (16 ) $ (10 )

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Schedule of U.S. Statutory Federal Income Tax Rate to Pre-tax Income	The provision for income taxes differs from the amount of income tax determined by applying the U.S. statutory federal income tax rate to pre-tax income as a result of the following items: Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 U.S. statutory rate at 35% $ 88 $ 70 $ 136 $ 105 Tax on foreign income (27 ) (27 ) (41 ) (39 ) Tax contingencies 1 1 1 8 Valuation allowance — 2 2 5 Other items, net 3 3 5 7 Income tax provision $ 65 $ 49 $ 103 $ 86

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Information of Information about Operating Segments	The tables below present information about the Company's operating segments. External Sales External Sales Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Americas Beverage $ 706 $ 741 $ 1,349 $ 1,358 North America Food 168 170 314 330 European Beverage 401 422 716 746 European Food 462 492 860 923 Asia Pacific 281 310 558 620 Total reportable segments 2,018 2,135 3,797 3,977 Non-reportable segments 124 143 238 298 Total $ 2,142 $ 2,278 $ 4,035 $ 4,275 The primary sources of revenue included in non-reportable segments are the Company's aerosol can businesses in North America and Europe, the Company's specialty packaging business in Europe and the Company's tooling and equipment operations in the U.S. and United Kingdom. Intersegment Sales Intersegment Sales Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Americas Beverage $ 18 $ 24 $ 33 $ 45 North America Food 7 1 13 2 European Beverage — — 1 — European Food 20 24 36 51 Asia Pacific — — — — Total reportable segments 45 49 83 98 Non-reportable segments 44 27 62 54 Total $ 89 $ 76 $ 145 $ 152 Intersegment sales primarily include sales of ends and components used to manufacture cans, such as printed and coated metal, as well as parts and equipment used in the manufacturing process. Segment Income Segment Income Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Americas Beverage $ 106 $ 99 $ 210 $ 184 North America Food 20 23 32 47 European Beverage 75 66 121 104 European Food 67 68 116 110 Asia Pacific 39 39 74 74 Total reportable segments $ 307 $ 295 $ 553 $ 519
Reconciliation of Segment Income	A reconciliation of segment income of reportable segments to income before income taxes is as follows: Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Segment income of reportable segments $ 307 $ 295 $ 553 $ 519 Segment income of non-reportable segments 20 20 33 37 Corporate and unallocated items (35 ) (41 ) (73 ) (94 ) Restructuring and other 3 3 1 (17 ) Loss from early extinguishments of debt (9 ) (27 ) (9 ) Interest expense (58 ) (69 ) (122 ) (134 ) Interest income 2 2 5 4 Foreign exchange 11 1 17 (5 ) Income before income taxes $ 250 $ 202 $ 387 $ 301

Condensed Combining Financial37

Condensed Combining Financial Information (Tables)	6 Months Ended
	Jun. 30, 2016
Crown Cork & Seal Company Inc [Member]
Condensed Combining Statement of Comprehensive Income	CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended June 30, 2016 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 2,142 $ 2,142 Cost of products sold, excluding depreciation and amortization 1,691 1,691 Depreciation and amortization 65 65 Selling and administrative expense $ 3 91 94 Restructuring and other (3 ) (3 ) Income from operations (3 ) 298 295 Net interest expense 25 31 56 Foreign exchange (11 ) (11 ) Income/(loss) before income taxes (28 ) 278 250 Provision for / (benefit from) income taxes (14 ) 79 65 Equity earnings / (loss) in affiliates $ 169 145 $ (314 ) — Net income 169 131 199 (314 ) 185 Net income attributable to noncontrolling interests (16 ) (16 ) Net income attributable to Crown Holdings $ 169 $ 131 $ 183 $ (314 ) $ 169 Comprehensive income $ 65 $ 41 $ 118 $ (141 ) $ 83 Comprehensive income attributable to noncontrolling interests (18 ) (18 ) Comprehensive income attributable to Crown Holdings $ 65 $ 41 $ 100 $ (141 ) $ 65 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended June 30, 2015 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 2,278 $ 2,278 Cost of products sold, excluding depreciation and amortization 1,843 1,843 Depreciation and amortization 62 62 Selling and administrative expense $ 3 96 99 Restructuring and other (3 ) (3 ) Income from operations (3 ) 280 277 Loss from early extinguishment of debt 9 9 Net interest expense 25 42 67 Foreign exchange (1 ) (1 ) Income/(loss) before income taxes (28 ) 230 202 Provision for / (benefit from) income taxes (8 ) 57 49 Equity earnings / (loss) in affiliates $ 142 131 $ (273 ) — Net income 142 111 173 (273 ) 153 Net income attributable to noncontrolling interests (11 ) (11 ) Net income attributable to Crown Holdings $ 142 $ 111 $ 162 $ (273 ) $ 142 Comprehensive income $ 150 $ 116 $ 181 $ (286 ) $ 161 Comprehensive income attributable to noncontrolling interests (11 ) (11 ) Comprehensive income attributable to Crown Holdings $ 150 $ 116 $ 170 $ (286 ) $ 150 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the six months ended June 30, 2016 (in millions) Parent Issuer Non- Eliminations Total Net sales $ 4,035 $ 4,035 Cost of products sold, excluding depreciation and amortization 3,212 3,212 Depreciation and amortization 125 125 Selling and administrative expense $ 5 180 185 Restructuring and other (1 ) (1 ) Income from operations (5 ) 519 514 Loss from early extinguishment of debt 27 27 Net interest expense 52 65 117 Foreign exchange (17 ) (17 ) Income/(loss) before income taxes (57 ) 444 387 Provision for / (benefit from) income taxes (21 ) 124 103 Equity earnings / (loss) in affiliates $ 248 222 $ (470 ) — Net income 248 186 320 (470 ) 284 Net income attributable to noncontrolling interests (36 ) (36 ) Net income attributable to Crown Holdings $ 248 $ 186 $ 284 $ (470 ) $ 248 Comprehensive income $ 167 $ 186 $ 263 $ (410 ) $ 206 Comprehensive income attributable to noncontrolling interests (39 ) (39 ) Comprehensive income attributable to Crown Holdings $ 167 $ 186 $ 224 $ (410 ) $ 167 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the six months ended June 30, 2015 (in millions) Parent Issuer Non- Eliminations Total Net sales $ 4,275 $ 4,275 Cost of products sold, excluding depreciation and amortization 3,503 3,503 Depreciation and amortization 113 113 Selling and administrative expense $ 5 192 197 Restructuring and other 17 17 Income from operations (5 ) 450 445 Loss from early extinguishment of debt 9 9 Net interest expense 51 79 130 Foreign exchange 5 5 Income/(loss) before income taxes (56 ) 357 301 Provision for / (benefit from) income taxes (9 ) 95 86 Equity earnings / (loss) in affiliates $ 186 188 $ (374 ) — Net income 186 141 262 (374 ) 215 Net income attributable to noncontrolling interests (29 ) (29 ) Net income attributable to Crown Holdings $ 186 $ 141 $ 233 $ (374 ) $ 186 Comprehensive Income $ (6 ) $ 38 $ 68 $ (79 ) $ 21 Comprehensive income attributable to noncontrolling interests (27 ) (27 ) Comprehensive income attributable to Crown Holdings $ (6 ) $ 38 $ 41 $ (79 ) $ (6 )
Condensed Combining Balance Sheet	CONDENSED COMBINING BALANCE SHEET As of June 30, 2016 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 370 $ 370 Receivables, net 929 929 Inventories 1,419 1,419 Prepaid expenses and other current assets $ 1 239 240 Total current assets 1 — 2,957 2,958 Intercompany debt receivables 3,563 $ (3,563 ) — Investments 2,955 $ 2,708 (5,663 ) — Goodwill and intangible assets 3,472 3,472 Property, plant and equipment, net 2,700 2,700 Other non-current assets 430 216 646 Total $ 2,956 $ 3,138 $ 12,908 $ (9,226 ) $ 9,776 Liabilities and equity Current liabilities Short-term debt $ 37 $ 37 Current maturities of long-term debt 236 236 Accounts payable and accrued liabilities $ 12 $ 35 2,507 2,554 Total current liabilities 12 35 2,780 2,827 Long-term debt, excluding current maturities 391 4,620 5,011 Long-term intercompany debt 2,626 937 $ (3,563 ) — Postretirement and pension liabilities 672 672 Other non-current liabilities 292 351 643 Commitments and contingent liabilities Noncontrolling interests 305 305 Crown Holdings shareholders’ equity/(deficit) 318 1,483 4,180 (5,663 ) 318 Total equity/(deficit) 318 1,483 4,485 (5,663 ) 623 Total $ 2,956 $ 3,138 $ 12,908 $ (9,226 ) $ 9,776 CONDENSED COMBINING BALANCE SHEET As of December 31, 2015 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 717 $ 717 Receivables, net 912 912 Inventories 1,213 1,213 Prepaid expenses and other current assets $ 2 205 207 Total current assets — 2 3,047 3,049 Intercompany debt receivables 3,654 $ (3,654 ) — Investments $ 2,937 2,490 (5,427 ) — Goodwill and intangible assets 3,580 3,580 Property, plant and equipment, net 2,699 2,699 Other non-current assets 430 262 692 Total $ 2,937 $ 2,922 $ 13,242 $ (9,081 ) $ 10,020 Liabilities and equity Current liabilities Short-term debt $ 54 $ 54 Current maturities of long-term debt 209 209 Accounts payable and accrued liabilities $ 24 $ 41 2,580 2,645 Total current liabilities 24 41 2,843 2,908 Long-term debt, excluding current maturities 391 4,864 5,255 Long-term intercompany debt 2,769 885 $ (3,654 ) — Postretirement and pension liabilities 767 767 Other non-current liabilities 309 346 655 Commitments and contingent liabilities Noncontrolling interests 291 291 Crown Holdings shareholders’ equity/(deficit) 144 1,296 4,131 (5,427 ) 144 Total equity/(deficit) 144 1,296 4,422 (5,427 ) 435 Total $ 2,937 $ 2,922 $ 13,242 $ (9,081 ) $ 10,020
Condensed Combining Statement of Cash Flows	CONDENSED COMBINING STATEMENT OF CASH FLOWS For the six months ended June 30, 2016 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (4 ) $ (52 ) $ 124 (5 ) $ 63 Cash flows from investing activities Capital expenditures (143 ) (143 ) Intercompany investing activities 150 $ (150 ) — Other 18 18 Net cash provided by/(used for) investing activities 150 — (125 ) (150 ) (125 ) Cash flows from financing activities Proceeds from long-term debt 304 304 Payments of long-term debt (725 ) (725 ) Net change in revolving credit facility and short-term debt 138 138 Net change in long-term intercompany balances (143 ) 52 91 — Debt issue costs (2 ) (2 ) Common stock issued 5 5 Common stock repurchased (8 ) (8 ) Dividends paid (155 ) 155 — Contributions from noncontrolling interests 1 1 Dividend paid to noncontrolling interests (26 ) (26 ) Foreign exchange derivatives related to debt 32 32 Net cash provided by/(used for) financing activities (146 ) 52 (342 ) 155 (281 ) Effect of exchange rate changes on cash and cash equivalents (4 ) (4 ) Net change in cash and cash equivalents — — (347 ) — (347 ) Cash and cash equivalents at January 1 717 717 Cash and cash equivalents at June 30 $ — $ — $ 370 $ — $ 370 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the six months ended June 30, 2015 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ 10 $ (56 ) $ 31 $ (15 ) Cash flows from investing activities Capital expenditures (111 ) (111 ) Purchase of business (1,207 ) (1,207 ) Proceeds from sale of business 30 30 Intercompany investing activities (862 ) 5 862 $ (5 ) — Other (14 ) (14 ) Net cash provided by/(used for) investing activities (862 ) 5 (440 ) (5 ) (1,302 ) Cash flows from financing activities Proceeds from long-term debt 1,421 1,421 Payments of long-term debt (752 ) (752 ) Net change in revolving credit facility and short-term debt 96 96 Net change in long-term intercompany balances 856 51 (907 ) — Debt issue costs (17 ) (17 ) Common stock issued 5 5 Common stock repurchased (9 ) (9 ) Dividends paid (5 ) 5 — Dividend paid to noncontrolling interests (17 ) (17 ) Foreign exchange derivatives related to debt (48 ) (48 ) Net cash provided by/(used for) financing activities 852 51 (229 ) 5 679 Effect of exchange rate changes on cash and cash equivalents (39 ) (39 ) Net change in cash and cash equivalents — — (677 ) — (677 ) Cash and cash equivalents at January 1 965 965 Cash and cash equivalents at June 30 $ — $ — $ 288 $ — $ 288
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member]
Condensed Combining Statement of Comprehensive Income	CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended June 30, 2016 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 508 $ 1,634 $ 2,142 Cost of products sold, excluding depreciation and amortization 407 1,284 1,691 Depreciation and amortization 8 57 65 Selling and administrative expense $ 2 33 59 94 Restructuring and other (5 ) 2 (3 ) Income from operations 3 60 232 295 Net interest expense 15 21 20 56 Technology royalty (10 ) 10 — Foreign exchange (17 ) (11 ) $ 17 (11 ) Income/(loss) before income taxes 5 49 213 (17 ) 250 Provision for / (benefit from) income taxes 2 15 54 (6 ) 65 Equity earnings / (loss) in affiliates $ 169 33 97 (299 ) — Net income 169 36 131 159 (310 ) 185 Net income attributable to noncontrolling interests (16 ) (16 ) Net income attributable to Crown Holdings $ 169 $ 36 $ 131 $ 143 $ (310 ) $ 169 Comprehensive income $ 65 $ 39 $ 41 $ 37 $ (99 ) $ 83 Comprehensive income attributable to noncontrolling interests (18 ) (18 ) Comprehensive income attributable to Crown Holdings $ 65 $ 39 $ 41 $ 19 $ (99 ) $ 65 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended June 30, 2015 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 542 $ 1,736 $ 2,278 Cost of products sold, excluding depreciation and amortization 433 1,410 1,843 Depreciation and amortization 8 54 62 Selling and administrative expense $ 3 36 60 99 Restructuring and other 2 (5 ) (3 ) Income from operations (3 ) 63 217 277 Loss from early extinguishment of debt 9 9 Net interest expense 24 23 20 67 Technology royalty (10 ) 10 — Foreign exchange 8 (1 ) (8 ) (1 ) Income/(loss) before income taxes (44 ) 50 188 8 202 Provision for / (benefit from) income taxes (17 ) 23 40 3 49 Equity earnings / (loss) in affiliates $ 142 38 84 $ (264 ) — Net income 142 11 111 148 (259 ) 153 Net income attributable to noncontrolling interests (11 ) (11 ) Net income attributable to Crown Holdings $ 142 $ 11 $ 111 $ 137 $ (259 ) $ 142 Comprehensive income $ 150 $ 13 $ 116 $ 162 $ (280 ) $ 161 Comprehensive income attributable to noncontrolling interests (11 ) (11 ) Comprehensive income attributable to Crown Holdings $ 150 $ 13 $ 116 $ 151 $ (280 ) $ 150 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the six months ended June 30, 2016 (in millions) Parent Issuer Guarantors Non- Eliminations Total Net sales $ 955 $ 3,080 $ 4,035 Cost of products sold, excluding depreciation and amortization 770 2,442 3,212 Depreciation and amortization 16 109 125 Selling and administrative expense $ 5 68 112 185 Restructuring and other (5 ) 4 (1 ) Income from operations — 97 417 514 Loss from early extinguishment of debt 27 27 Net interest expense 35 43 39 117 Technology royalty (19 ) 19 — Foreign exchange 15 (17 ) $ (15 ) (17 ) Income/(loss) before income taxes (77 ) 73 376 15 387 Provision for / (benefit from) income taxes (29 ) 29 98 5 103 Equity earnings / (loss) in affiliates $ 248 97 142 (487 ) — Net income 248 49 186 278 (477 ) 284 Net income attributable to noncontrolling interests (36 ) (36 ) Net income attributable to Crown Holdings $ 248 $ 49 $ 186 $ 242 $ (477 ) $ 248 Comprehensive Income $ 167 $ 55 $ 186 $ 209 $ (411 ) $ 206 Comprehensive income attributable to noncontrolling interests (39 ) (39 ) Comprehensive income attributable to Crown Holdings $ 167 $ 55 $ 186 $ 170 $ (411 ) $ 167 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the six months ended June 30, 2015 (in millions) Parent Issuer Guarantors Non- Eliminations Total Net sales $ 1,028 $ 3,247 $ 4,275 Cost of products sold, excluding depreciation and amortization 820 2,683 3,503 Depreciation and amortization 16 97 113 Selling and administrative expense $ 5 78 114 197 Restructuring and other 2 15 17 Income from operations (5 ) 112 338 445 Loss from early extinguishment of debt 9 9 Net interest expense 44 46 40 130 Technology royalty (19 ) 19 — Foreign exchange 8 5 $ (8 ) 5 Income/(loss) before income taxes (66 ) 85 274 8 301 Provision for / (benefit from) income taxes (25 ) 46 62 3 86 Equity earnings / (loss) in affiliates $ 186 88 102 (376 ) — Net income 186 47 141 212 (371 ) 215 Net income attributable to noncontrolling interests (29 ) (29 ) Net income attributable to Crown Holdings $ 186 $ 47 $ 141 $ 183 $ (371 ) $ 186 Comprehensive income $ (6 ) $ 53 $ 38 $ 20 $ (84 ) $ 21 Comprehensive income attributable to noncontrolling interests (27 ) (27 ) Comprehensive income attirbutable to Crown Holdings $ (6 ) $ 53 $ 38 $ (7 ) $ (84 ) $ (6 )
Condensed Combining Balance Sheet	CONDENSED COMBINING BALANCE SHEET As of June 30, 2016 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 69 $ 301 $ 370 Receivables, net 4 $ 9 916 929 Intercompany receivables 19 8 $ (27 ) — Inventories 316 1,103 1,419 Prepaid expenses and other current assets $ 1 1 10 228 240 Total current assets 1 74 354 2,556 (27 ) 2,958 Intercompany debt receivables 2,800 3,401 682 (6,883 ) — Investments 2,955 2,293 787 (6,035 ) — Goodwill and intangible assets 469 3,003 3,472 Property, plant and equipment, net 1 415 2,284 2,700 Other non-current assets 5 445 196 646 Total $ 2,956 $ 5,173 $ 5,871 $ 8,721 $ (12,945 ) $ 9,776 Liabilities and equity Current liabilities Short-term debt $ 37 $ 37 Current maturities of long-term debt $ 122 114 236 Accounts payable and accrued liabilities $ 12 29 $ 578 1,935 2,554 Intercompany payables 8 19 $ (27 ) — Total current liabilities 12 151 586 2,105 (27 ) 2,827 Long-term debt, excluding current maturities 2,410 391 2,210 5,011 Long-term intercompany debt 2,626 1,298 2,769 190 (6,883 ) — Postretirement and pension liabilities 341 331 672 Other non-current liabilities 301 342 643 Commitments and contingent liabilities Noncontrolling interests 305 305 Crown Holdings shareholders’ equity/(deficit) 318 1,314 1,483 3,238 (6,035 ) 318 Total equity/(deficit) 318 1,314 1,483 3,543 (6,035 ) 623 Total $ 2,956 $ 5,173 $ 5,871 $ 8,721 $ (12,945 ) $ 9,776 CONDENSED COMBINING BALANCE SHEET As of December 31, 2015 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 104 $ 613 $ 717 Receivables, net $ 23 889 912 Intercompany receivables 30 2 $ (32 ) — Inventories 291 922 1,213 Prepaid expenses and other current assets 2 7 198 207 Total current assets 106 351 2,624 (32 ) 3,049 Intercompany debt receivables 3,111 3,471 681 (7,263 ) — Investments $ 2,937 2,199 804 (5,940 ) — Goodwill and intangible assets 471 3,109 3,580 Property, plant and equipment, net 1 390 2,308 2,699 Other non-current assets 6 457 229 692 Total $ 2,937 $ 5,423 $ 5,944 $ 8,951 $ (13,235 ) $ 10,020 Liabilities and equity Current liabilities Short-term debt $ 54 $ 54 Current maturities of long-term debt $ 90 119 209 Accounts payable and accrued liabilities $ 24 47 $ 526 2,048 2,645 Intercompany payables 2 30 $ (32 ) — Total current liabilities 24 137 528 2,251 (32 ) 2,908 Long-term debt, excluding current maturities 2,759 391 2,105 5,255 Long-term intercompany debt 2,769 1,268 3,041 185 (7,263 ) — Postretirement and pension liabilities 377 390 767 Other non-current liabilities 311 344 655 Commitments and contingent liabilities Noncontrolling interests 291 291 Crown Holdings shareholders’ equity/(deficit) 144 1,259 1,296 3,385 (5,940 ) 144 Total equity/(deficit) 144 1,259 1,296 3,676 (5,940 ) 435 Total $ 2,937 $ 5,423 $ 5,944 $ 8,951 $ (13,235 ) $ 10,020
Condensed Combining Statement of Cash Flows	CONDENSED COMBINING STATEMENT OF CASH FLOWS For the six months ended June 30, 2016 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net provided by/(used for) operating activities $ (4 ) $ (49 ) $ 92 $ 38 $ (14 ) $ 63 Cash flows from investing activities Capital expenditures (50 ) (93 ) (143 ) Intercompany investing activities 150 150 (300 ) — Other 10 8 18 Net cash provided by/(used for) investing activities 150 — 110 (85 ) (300 ) (125 ) Cash flows from financing activities Proceeds from long-term debt 300 4 304 Payments of long-term debt (700 ) (25 ) (725 ) Net change in revolving credit facility and short-term debt 75 63 138 Net change in long-term intercompany balances (143 ) 341 (202 ) 4 — Debt issue costs (2 ) (2 ) Common stock issued 5 5 Common stock repurchased (8 ) (8 ) Dividends paid (314 ) 314 — Contributions from noncontrolling interests 1 1 Dividends paid to noncontrolling interests (26 ) (26 ) Foreign exchange derivatives related to debt 32 32 Net cash provided by/(used for) financing activities (146 ) 14 (202 ) (261 ) 314 (281 ) Effect of exchange rate changes on cash and cash equivalents (4 ) (4 ) Net change in cash and cash equivalents — (35 ) — (312 ) — (347 ) Cash and cash equivalents at January 1 104 613 717 Cash and cash equivalents at June 30 $ — $ 69 $ — $ 301 $ — $ 370 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the six months ended June 30, 2015 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net provided by/(used for) operating activities $ 10 $ (29 ) $ 64 $ (60 ) $ (15 ) Cash flows from investing activities Capital expenditures (21 ) (90 ) (111 ) Purchase of business (1,207 ) (1,207 ) Proceeds from sale of business 30 30 Intercompany investing activities (862 ) 2 9 862 $ (11 ) — Other (10 ) (4 ) (14 ) Net cash provided by/(used for) investing activities (862 ) 2 (22 ) (409 ) (11 ) (1,302 ) Cash flows from financing activities Proceeds from long-term debt 750 671 1,421 Payments of long-term debt (675 ) (77 ) (752 ) Net change in revolving credit facility and short-term debt 40 56 96 Net change in long-term intercompany balances 856 (150 ) (42 ) (664 ) — Debt issue costs (9 ) (8 ) (17 ) Common stock issued 5 5 Common stock repurchased (9 ) (9 ) Dividends paid (11 ) 11 — Dividends paid to noncontrolling interests (17 ) (17 ) Foreign exchange derivatives related to debt (48 ) (48 ) Net cash provided by/(used for) financing activities 852 (44 ) (42 ) (98 ) 11 679 Effect of exchange rate changes on cash and cash equivalents (39 ) (39 ) Net change in cash and cash equivalents — (71 ) — (606 ) — (677 ) Cash and cash equivalents at January 1 128 837 965 Cash and cash equivalents at June 30 $ — $ 57 $ — $ 231 $ — $ 288

Acquisitions (Details)

Acquisitions (Details) - Empaque [Member] - USD ($) $ in Billions	Feb. 18, 2015	Dec. 31, 2015
Business Acquisition [Line Items]
Effective date of acquisition		Feb. 18, 2015
Cash transaction value of acquisition	$ 1.2

Accumulated Other Comprehensi39

Accumulated Other Comprehensive Income (Components) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	$ (3,154)	$ (2,765)
Other comprehensive income (loss) before reclassifications	(110)	(219)
Amounts reclassified from accumulated other comprehensive income	29	27
Other comprehensive income (loss)	(81)	(192)
Balance at end of period	(3,235)	(2,957)
Defined Benefit Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(1,690)	(1,781)
Other comprehensive income (loss) before reclassifications
Amounts reclassified from accumulated other comprehensive income	23	23
Other comprehensive income (loss)	23	23
Balance at end of period	(1,667)	(1,758)
Foreign Currency Translation [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(1,446)	(980)
Other comprehensive income (loss) before reclassifications	(125)	(206)
Amounts reclassified from accumulated other comprehensive income
Other comprehensive income (loss)	(125)	(206)
Balance at end of period	(1,571)	(1,186)
Gains and Losses on Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(18)	(4)
Other comprehensive income (loss) before reclassifications	15	(13)
Amounts reclassified from accumulated other comprehensive income	6	4
Other comprehensive income (loss)	21	(9)
Balance at end of period	$ 3	$ (13)

Accumulated Other Comprehensi40

Accumulated Other Comprehensive Income (Reclassification) (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net sales		$ 2,142	$ 2,278	$ 4,035	$ 4,275
Cost of products sold		1,691	1,843	3,212	3,503
Income before income taxes		250	202	387	301
Provision for income taxes		(65)	(49)	(103)	(86)
Net income		185	153	284	215
Total losses on cash flow hedges				29	27
Gains and Losses on Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total losses on cash flow hedges				6	4
Amortization of Defined Benefit Plan Items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total losses on cash flow hedges				23	23
Reclassification out of Accumulated Other Comprehensive Income [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net income		14	16	29	27
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and Losses on Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total losses on cash flow hedges		3	4	6	4
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and Losses on Cash Flow Hedges [Member] | Commodities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of products sold		3	5	10	4
Income before income taxes		3	5	10	4
Provision for income taxes		(1)	(1)	(3)	(1)
Net income		2	4	7	3
Reclassification out of Accumulated Other Comprehensive Income [Member] | Gains and Losses on Cash Flow Hedges [Member] | Foreign Exchange [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net sales		2	(1)	4	(1)
Cost of products sold		(1)	1	(5)	2
Income before income taxes		1	0	(1)	1
Provision for income taxes
Net income		1	0	(1)	1
Reclassification out of Accumulated Other Comprehensive Income [Member] | Amortization of Defined Benefit Plan Items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income before income taxes		14	16	30	31
Provision for income taxes		(3)	(4)	(7)	(8)
Net income		11	12	23	23
Actuarial losses	[1]	27	28	56	55
Prior service credit	[1]	$ (13)	$ (12)	$ (26)	$ (24)
[1]	These accumulated other comprehensive income components are included in the computation of net periodic pension and postretirement cost. See Note N for further details.

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Restricted Stock Transactions) (Details)	6 Months Ended
	Jun. 30, 2016shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested stock awards outstanding at beginning of period (in shares)	1,778,275
Nonvested stock awards outstanding at end of period (in shares)	1,358,958
Time Vested Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Awarded (in shares)	127,167
Released (in shares)	(412,889)
Forfeitures (in shares)	(19,551)
Performance-Based Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Awarded (in shares)	137,374
Released (in shares)	(90,003)
Forfeitures (in shares)	(161,415)

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	6 Months Ended
	Jan. 31, 2016	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost		$ 41
Cost expected to be recognized, weighted average period (in years)		2 years 4 months
Performance-Based Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award term		cliff vest at the end of three years
Number of performance-based shares awarded to certain senior executives		137,374
Vesting period (in years) for shares awarded		3 years
Level of market performance achieved based on shares awarded, minimum (as a percent)	0.00%
Level of market performance achieved based on shares awarded, maximum (as a percent)	200.00%
Weighted average grant-date fair value		$ 51.18
Method used for calculation of performance of share		Monte Carlo
Weighted average stock price volatility		19.80%
Expected term (in years)		3 years
Risk free interest rate		1.22%
Time Vested Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of performance-based shares awarded to certain senior executives		127,167
Weighted average grant-date fair value		$ 51.04
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate market value of shares released and issued		$ 26
Minimum [Member] | Time Vested Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years) for shares awarded		3 years
Maximum [Member] | Time Vested Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years) for shares awarded		4 years

Receivables (Details)

Receivables (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Receivables [Abstract]
Accounts receivable	$ 816	$ 827
Less: allowance for doubtful accounts	(87)	(83)
Net trade receivables	729	744
Miscellaneous receivables	200	168
Receivables, net	929	$ 912
North American Facility [Member]
Deferred purchase price	$ 102

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Inventory, Gross [Abstract]
Raw materials and supplies	$ 638	$ 599
Work in process	153	129
Finished goods	628	485
Total inventories	$ 1,419	$ 1,213

Derivative and Other Financia45

Derivative and Other Financial Instruments (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Objective for using derivative instruments			The Company’s objective in managing exposure to market risk is to limit the impact on earnings and cash flow.
Gain expected to be reclassified to earnings			$ 7,000,000
Gain, net of tax, expected to be reclassified to earnings			5,000,000
Reclassification of anticipated transactions that were no longer considered probable			0	$ 0
Changes in fair value of the derivative financial instruments, excluded from the assessment and measurement of hedge effectiveness reported in earnings (less than)			1,000,000
Accumulated Other Comprehensive Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on net investment hedge settlements	$ 27,000,000		(18,000,000)
Gain (loss) on net investment hedge settlements, net of tax	22,000,000		(12,000,000)
Commodities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain on cash flow hedge ineffectiveness			1,000,000	2,000,000
Gain on cash flow hedge ineffectiveness, net of tax			1,000,000	2,000,000
Foreign Exchange [Member]
Derivative Instruments, Gain (Loss) [Line Items]
(Loss) gain on foreign exchange contracts designated as fair value hedges	(4,000,000)	$ 3,000,000	(5,000,000)	1,000,000
Gain (loss) on foreign exchange contracts not designated as fair value hedges	5,000,000	$ 5,000,000	$ 26,000,000	$ (43,000,000)
Minimum [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Remaining Maturity Range			1 month
Maximum [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Remaining Maturity Range			28 months
Not Designated as Hedging Instrument [Member] | Commodities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain on cash flow hedge ineffectiveness	3,000,000		$ 3,000,000
Gain on cash flow hedge ineffectiveness, net of tax	$ 3,000,000		$ 3,000,000

Derivative and Other Financia46

Derivative and Other Financial Instruments (Accumulated Other Comprehensive Income ("AOCI") and Earnings from Changes in Fair Value Related to Derivative Instruments) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain/(loss) recognized in AOCI (effective portion)	$ 17	$ (12)	$ 15	$ (13)
Amount of gain/(loss) reclassified from AOCI into earnings	(3)	(4)	(6)	(4)
Foreign Exchange [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain/(loss) recognized in AOCI (effective portion)	3	(3)	3	(2)
Amount of gain/(loss) reclassified from AOCI into earnings	(1)	0	1	(1)
Commodities [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain/(loss) recognized in AOCI (effective portion)	14	(9)	12	(11)
Amount of gain/(loss) reclassified from AOCI into earnings	$ (2)	$ (4)	$ (7)	$ (3)

Derivative and Other Financia47

Derivative and Other Financial Instruments (Fair Values of Outstanding Derivative Instruments in the Consolidated Balance Sheets) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Derivative assets
Total	$ 80	$ 42
Derivative liabilities
Total	59	52
Fair Value, Inputs, Level 2 [Member] | Other Current Assets [Member] | Foreign Exchange [Member] | Designated as Hedging Instrument [Member]
Derivative assets
Derivatives designated as hedges, Foreign exchange	63	32
Fair Value, Inputs, Level 2 [Member] | Other Current Assets [Member] | Commodities [Member] | Designated as Hedging Instrument [Member]
Derivative assets
Derivatives designated as hedges, Commodities	10	5
Fair Value, Inputs, Level 2 [Member] | Other Current Assets [Member] | Commodities [Member] | Not Designated as Hedging Instrument [Member]
Derivative assets
Derivatives designated as hedges, Commodities	2	3
Fair Value, Inputs, Level 2 [Member] | Other Noncurrent Assets [Member] | Commodities [Member] | Designated as Hedging Instrument [Member]
Derivative assets
Derivatives designated as hedges, Commodities	3	2
Fair Value, Inputs, Level 2 [Member] | Other Noncurrent Assets [Member] | Commodities [Member] | Not Designated as Hedging Instrument [Member]
Derivative assets
Derivatives designated as hedges, Commodities	2	0
Fair Value, Inputs, Level 2 [Member] | Accounts Payable and Accrued Liabilities [Member] | Foreign Exchange [Member] | Designated as Hedging Instrument [Member]
Derivative liabilities
Derivatives designated as hedges, Foreign exchange	42	14
Fair Value, Inputs, Level 2 [Member] | Accounts Payable and Accrued Liabilities [Member] | Foreign Exchange [Member] | Not Designated as Hedging Instrument [Member]
Derivative liabilities
Derivatives not designated as hedges, Foreign exchange	6	2
Fair Value, Inputs, Level 2 [Member] | Accounts Payable and Accrued Liabilities [Member] | Commodities [Member] | Designated as Hedging Instrument [Member]
Derivative liabilities
Derivatives designated as hedges, Commodities	7	26
Fair Value, Inputs, Level 2 [Member] | Accounts Payable and Accrued Liabilities [Member] | Commodities [Member] | Not Designated as Hedging Instrument [Member]
Derivative liabilities
Derivatives designated as hedges, Commodities	2	5
Fair Value, Inputs, Level 2 [Member] | Other Noncurrent Liabilities [Member] | Commodities [Member] | Designated as Hedging Instrument [Member]
Derivative liabilities
Derivatives designated as hedges, Commodities	$ 2	$ 5

Derivative and Other Financia48

Derivative and Other Financial Instruments (Offsetting of Derivative Assets and Liabilities) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gross Amounts Recognized in the Balance Sheet, Derivative Assets	$ 80	$ 42
Gross Amounts Not Offset in the Balance Sheet, Derivative Assets	16	9
Net Amount, Derivative Assets	64	33
Gross Amounts Recognized in the Balance Sheet, Derivative Liabilities	59	52
Gross Amounts Not Offset in the Balance Sheet, Derivative Liabilities	16	9
Net Amount, Derivative Liabilities	$ 43	$ 43

Derivative and Other Financia49

Derivative and Other Financial Instruments (Notional Values of Outstanding Derivative Instruments in the Consolidated Balance Sheet) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Foreign Exchange [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	$ 585	$ 674
Foreign Exchange [Member] | Cash Flow Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	804	922
Foreign Exchange [Member] | Fair Value Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	105	125
Commodities [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	89	57
Commodities [Member] | Cash Flow Hedges [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount	$ 218	$ 324

Restructuring and Other (Narrat

Restructuring and Other (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)employeefacility	Dec. 31, 2015USD ($)
2015 European Division Actions [Member]
Restructuring Cost and Reserve [Line Items]
Number of facilities closed | facility	2
Restructuring accrual	$ 15	$ 17
Other Actions [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring accrual	11
Termination Benefits [Member] | 2015 European Division Actions [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 17
Reduction in number of employees | employee	280
Restructuring and related cost, expected cost to incur	$ 12
Restructuring accrual	$ 15	$ 17

Restructuring and Other (Restru

Restructuring and Other (Restructuring Charges by Action/Type) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Restructuring Reserve [Abstract]
Asset impairments and sales	$ (5)	$ (5)	$ (7)	$ 1
Restructuring	2	1	3	1
Transaction costs	0	1	0	15
Other costs	0	0	3	0
Restructuring and other	$ (3)	$ (3)	$ (1)	$ 17

Restructuring and Other (Compon

Restructuring and Other (Components of Outstanding Restructuring Reserve and Movements) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Restructuring Reserve [Roll Forward]
Provision	$ 2	$ 1	$ 3	$ 1
2015 European Division Actions [Member]
Restructuring Reserve [Roll Forward]
Balance at beginning of period			17
Provision			0
Payments			(1)
Foreign currency translation			(1)
Balance at end of period	15		15
Termination Benefits [Member] | 2015 European Division Actions [Member]
Restructuring Reserve [Roll Forward]
Balance at beginning of period			17
Provision			0
Payments			(1)
Foreign currency translation			(1)
Balance at end of period	15		15
Other Exit Costs [Member] | 2015 European Division Actions [Member]
Restructuring Reserve [Roll Forward]
Balance at beginning of period			0
Provision			0
Payments			0
Foreign currency translation			0
Balance at end of period	$ 0		$ 0

Debt (Summary of Outstanding De

Debt (Summary of Outstanding Debt) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2016EUR (€)	Jun. 30, 2016USD ($)	Feb. 29, 2016USD ($)	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Short-term debt		$ 37		$ 54
Principal outstanding
Total long-term debt		5,300		5,528
Less: current maturities		(237)		(211)
Total long-term debt, less current maturities		5,063		5,317
Carrying amount
Total long-term debt		5,247		5,464
Less: current maturities		(236)		(209)
Total long-term debt, less current maturities		5,011		5,255
Senior Secured Borrowings [Member] | U.S. Dollar at LIBOR plus 1.75% due 2018 [Member]
Principal outstanding
Total long-term debt		1,131		831
Carrying amount
Total long-term debt		1,121		821
Senior Secured Borrowings [Member] | Euro at EURIBOR plus 1.75% due 2018 [Member]
Principal outstanding
Total long-term debt		738		723
Carrying amount
Total long-term debt		731		714
Debt instrument, face amount | €	€ 665,000,000
Senior Secured Borrowings [Member] | Farm Credit Facility at LIBOR Plus 2.00% due 2019 [Member]
Principal outstanding
Total long-term debt		355		355
Carrying amount
Total long-term debt		351		350
Senior Notes and Debentures [Member] | U.S. Dollar 6.25% due 2021 [Member]
Principal outstanding
Total long-term debt		0	$ 700	700
Carrying amount
Total long-term debt		$ 0		694
Debt instrument stated percentage	6.25%	6.25%	6.25%
Senior Notes and Debentures [Member] | Euro 4.0% due 2022 [Member]
Principal outstanding
Total long-term debt		$ 722		706
Carrying amount
Total long-term debt		$ 714		697
Debt instrument stated percentage	4.00%	4.00%
Debt instrument, face amount | €	€ 650,000,000
Senior Notes and Debentures [Member] | U.S. Dollar 4.50% due 2023 [Member]
Principal outstanding
Total long-term debt		$ 1,000		1,000
Carrying amount
Total long-term debt		$ 990		989
Debt instrument stated percentage	4.50%	4.50%
Senior Notes and Debentures [Member] | Euro 3.375% due 2025 [Member]
Principal outstanding
Total long-term debt		$ 666		652
Carrying amount
Total long-term debt		$ 656		642
Debt instrument stated percentage	3.375%	3.375%
Debt instrument, face amount | €	€ 600,000,000
Senior Notes and Debentures [Member] | U.S. Dollar 7.375% due 2026 [Member]
Principal outstanding
Total long-term debt		$ 350		350
Carrying amount
Total long-term debt		$ 346		346
Debt instrument stated percentage	7.375%	7.375%
Senior Notes and Debentures [Member] | U.S. Dollar 7.50% due 2096 [Member]
Principal outstanding
Total long-term debt		$ 45		45
Carrying amount
Total long-term debt		$ 45		45
Debt instrument stated percentage	7.50%	7.50%
Other Indebtedness, Fixed Rate [Member]
Principal outstanding
Total long-term debt		$ 145		166
Carrying amount
Total long-term debt		145		166
Revolving Credit Facility [Member] | Line of Credit [Member]
Principal outstanding
Total long-term debt		148		0
Carrying amount
Total long-term debt		$ 148		$ 0
LIBOR [Member] | Senior Secured Borrowings [Member] | U.S. Dollar at LIBOR plus 1.75% due 2018 [Member]
Carrying amount
Basis spread on variable rate (as a percent)	1.75%
LIBOR [Member] | Senior Secured Borrowings [Member] | Farm Credit Facility at LIBOR Plus 2.00% due 2019 [Member]
Carrying amount
Basis spread on variable rate (as a percent)	2.00%
EURIBOR [Member] | Senior Secured Borrowings [Member] | Euro at EURIBOR plus 1.75% due 2018 [Member]
Carrying amount
Basis spread on variable rate (as a percent)	1.75%

Debt (Narrative) (Details)

Debt (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Feb. 29, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Debt Instrument [Line Items]
Proceeds from long-term debt				$ 304	$ 1,421
Debt issued		$ 5,300		5,300		$ 5,528
Loss from early extinguishments of debt		0	$ 9	27	$ 9
Senior Secured Borrowings [Member] | U.S. Dollar at LIBOR plus 1.75% due 2018 [Member]
Debt Instrument [Line Items]
Proceeds from long-term debt	$ 300
Debt issued		1,131		1,131		831
Senior Notes and Debentures [Member] | U.S. Dollar 6.25% due 2021 [Member]
Debt Instrument [Line Items]
Debt issued	$ 700	$ 0		$ 0		700
Debt instrument stated percentage	6.25%	6.25%		6.25%
Loss from early extinguishments of debt				$ 27
Fair Value, Inputs, Level 2 [Member]
Debt Instrument [Line Items]
Long-term debt, fair value		$ 5,443		$ 5,443		$ 5,540

Asbestos-Related Liabilities (N

Asbestos-Related Liabilities (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)inactive_claim	Dec. 31, 2015
Liability for Asbestos and Environmental Claims [Abstract]
Holding period for insulation operations (in days)	90 days
Liability for asbestos and environmental claims net claims paid	$ 9
Inactive claims (in claims) | inactive_claim	19,000
Accrued asbestos claims and related legal costs	$ 259
Unasserted claims	$ 213
Percentage of claims that do not specify damages		82.00%

Asbestos-Related Liabilities (S

Asbestos-Related Liabilities (Summary of Claims Activity) (Details)	6 Months Ended
	Jun. 30, 2016Claim
Loss Contingency Accrual [Roll Forward]
Beginning claims	54,500
New claims	1,500
Settlements or dismissals	(1,000)
Ending claims	55,000

Asbestos-Related Liabilities 57

Asbestos-Related Liabilities (Summary of Outstanding Claims by Year of Exposure and State Filed) (Details) - Claim	Jun. 30, 2016	Dec. 31, 2015
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding	55,000	54,500
Asbestos After 1964 [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding		16,000
Texas [Member] | Asbestos Before Or During 1964 [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding		13,000
Pennsylvania [Member] | Asbestos Before Or During 1964 [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding		2,000
Other States That Have Enacted Asbestos Legislation [Member] | Asbestos Before Or During 1964 [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding		6,000
Other States [Member] | Asbestos Before Or During 1964 [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding		17,500

Asbestos-Related Liabilities 58

Asbestos-Related Liabilities (Summary of Percentage of Outstanding Claims Related to Claimants Alleging Serious Diseases) (Details)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims alleging serious diseases	22.00%	22.00%	21.00%
Pre-1964 Claims in States without Asbestos Legislation [Member]
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims alleging serious diseases	41.00%	41.00%	39.00%

Commitments and Contingent Li59

Commitments and Contingent Liabilities (Details) $ in Millions	Jun. 30, 2016USD ($)
Property Lease Guarantee [Member]
Commitments And Contingent Liabilities [Line Items]
Guarantees related to residual values of leased assets	$ 23
PRP site [Member]
Commitments And Contingent Liabilities [Line Items]
Estimated future remediation costs	7
Non- PRP sites [Member]
Commitments And Contingent Liabilities [Line Items]
Estimated future remediation costs	7
Maximum [Member] | Indemnification Agreement [Member]
Commitments And Contingent Liabilities [Line Items]
Maximum potential amount of future liability	$ 7

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Net income attributable to Crown Holdings	$ 169	$ 142	$ 248	$ 186
Weighted average shares outstanding:
Basic (in shares)	138.5	137.9	138.3	137.8
Add: dilutive stock options and restricted stock (in shares)	0.8	1.4	0.9	1.4
Diluted (in shares)	139.3	139.3	139.2	139.2
Basic earnings per share (in usd per share)	$ 1.22	$ 1.03	$ 1.79	$ 1.35
Diluted earnings per share (in usd per share)	$ 1.21	$ 1.02	$ 1.78	$ 1.34
Shares excluded from the computation of diluted earnings per share	0.1		0.4

Pension and Other Postretirem61

Pension and Other Postretirement Benefits (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Pension settlement charge			$ 3
Pension Benefits - U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 3	$ 4	7	$ 9
Interest cost	12	15	25	31
Expected return on plan assets	(22)	(25)	(45)	(50)
Recognized net loss	13	13	25	25
Net periodic cost	6	7	12	15
Pension Benefits - Non-U.S. Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	5	7	11	12
Interest cost	27	30	53	60
Expected return on plan assets	(41)	(43)	(82)	(85)
Recognized prior service credit	(3)	(4)	(6)	(7)
Recognized net loss	13	14	26	27
Net periodic cost	1	4	2	7
Other Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0	0	0
Interest cost	1	2	2	4
Recognized prior service credit	(10)	(9)	(20)	(17)
Recognized net loss	1	2	2	3
Net periodic cost	$ (8)	$ (5)	$ (16)	$ (10)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Statutory income tax rate	35.00%	35.00%	35.00%	35.00%
U.S. statutory rate at 35%	$ 88	$ 70	$ 136	$ 105
Tax on foreign income	(27)	(27)	(41)	(39)
Tax contingencies	1	1	1	8
Valuation allowance	0	2	2	5
Other items, net	3	3	5	7
Income tax provision	$ 65	$ 49	$ 103	$ 86

Segment Information (Informatio

Segment Information (Information about Operating Segments) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Total, external sales	$ 2,142	$ 2,278	$ 4,035	$ 4,275
Segment Income of reportable segments	295	277	$ 514	445
Other Segments [Member]
Segment Reporting Information [Line Items]
Segment reporting, description of all other segments			The primary sources of revenue included in non-reportable segments are the Company's aerosol can businesses in North America and Europe, the Company's specialty packaging business in Europe and the Company's tooling and equipment operations in the U.S. and United Kingdom.
Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	2,018	2,135	$ 3,797	3,977
Segment Income of reportable segments	307	295	553	519
Operating Segments [Member] | Americas Beverage [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	706	741	1,349	1,358
Segment Income of reportable segments	106	99	210	184
Operating Segments [Member] | North America Food [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	168	170	314	330
Segment Income of reportable segments	20	23	32	47
Operating Segments [Member] | European Beverage [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	401	422	716	746
Segment Income of reportable segments	75	66	121	104
Operating Segments [Member] | European Food [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	462	492	860	923
Segment Income of reportable segments	67	68	116	110
Operating Segments [Member] | Asia-Pacific [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	281	310	558	620
Segment Income of reportable segments	39	39	74	74
Segment Reconciling Items [Member] | Other Segments [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	124	143	238	298
Segment Income of reportable segments	20	20	33	37
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	89	76	145	152
Intersegment Eliminations [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	45	49	83	98
Intersegment Eliminations [Member] | Americas Beverage [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	18	24	33	45
Intersegment Eliminations [Member] | North America Food [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	7	1	13	2
Intersegment Eliminations [Member] | European Beverage [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	0	0	1	0
Intersegment Eliminations [Member] | European Food [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	20	24	36	51
Intersegment Eliminations [Member] | Asia-Pacific [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	0	0	0	0
Intersegment Eliminations [Member] | Other Segments [Member]
Segment Reporting Information [Line Items]
Revenue from reportable segments	$ 44	$ 27	$ 62	$ 54

Segment Information (Reconcilia

Segment Information (Reconciliation of Segment Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	$ 295	$ 277	$ 514	$ 445
Restructuring and other	3	3	1	(17)
Interest expense	(58)	(69)	(122)	(134)
Interest income	2	2	5	4
Foreign exchange	11	1	17	(5)
Income before income taxes and equity earnings	250	202	387	301
Operating Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	307	295	553	519
Segment Reconciling Items [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Restructuring and other	3	3	1	(17)
Loss from early extinguishments of debt		(9)	(27)	(9)
Interest expense	(58)	(69)	(122)	(134)
Interest income	2	2	5	4
Foreign exchange	11	1	17	(5)
Segment Reconciling Items [Member] | Other Segments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	20	20	33	37
Corporate, Non-Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Corporate and unallocated items	$ (35)	$ (41)	$ (73)	$ (94)

Condensed Combining Financial65

Condensed Combining Financial Information (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)
Crown Cork & Seal Company Inc [Member] | U.S. Dollar 7.375% due 2026 [Member]
Principal amount	$ 350
Debt instrument stated percentage	7.375%
Crown Cork & Seal Company Inc [Member] | U.S. Dollar 7.50% due 2096 [Member]
Principal amount	$ 45
Debt instrument stated percentage	7.50%
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | U.S. Dollar 4.50% due 2023 [Member]
Principal amount	$ 1,000
Debt instrument stated percentage	4.50%
Issuer [Member] | Crown Cork & Seal Company Inc [Member]
Ownership percentage	100.00%
Issuer [Member] | Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member]
Ownership percentage	100.00%
Guarantor Subsidiaries [Member] | Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member]
Ownership percentage	100.00%

Condensed Combining Financial66

Condensed Combining Financial Information (Condensed Combining Statement of Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Net sales	$ 2,142	$ 2,278	$ 4,035	$ 4,275
Cost of products sold, excluding depreciation and amortization	1,691	1,843	3,212	3,503
Depreciation and amortization	65	62	125	113
Selling and administrative expense	94	99	185	197
Restructuring and other	(3)	(3)	(1)	17
Income from operations	295	277	514	445
Loss from early extinguishments of debt	0	9	27	9
Foreign exchange	(11)	(1)	(17)	5
Income before income taxes	250	202	387	301
Provision for income taxes	65	49	103	86
Net income	185	153	284	215
Net income attributable to noncontrolling interests	(16)	(11)	(36)	(29)
Net income attributable to Crown Holdings	169	142	248	186
Comprehensive income	83	161	206	21
Comprehensive income attributable to Crown Holdings	65	150	167	(6)
Crown Cork & Seal Company Inc [Member]
Net sales	2,142	2,278	4,035	4,275
Cost of products sold, excluding depreciation and amortization	1,691	1,843	3,212	3,503
Depreciation and amortization	65	62	125	113
Selling and administrative expense	94	99	185	197
Restructuring and other	(3)	(3)	(1)	17
Income from operations	295	277	514	445
Loss from early extinguishments of debt		9	27	9
Net interest expense	56	67	117	130
Foreign exchange	(11)	(1)	(17)	5
Income before income taxes	250	202	387	301
Provision for income taxes	65	49	103	86
Equity earnings / (loss) in affiliates	0	0	0	0
Net income	185	153	284	215
Net income attributable to noncontrolling interests	(16)	(11)	(36)	(29)
Net income attributable to Crown Holdings	169	142	248	186
Comprehensive income	83	161	206	21
Comprehensive income attributable to noncontrolling interests	(18)	(11)	(39)	(27)
Comprehensive income attributable to Crown Holdings	65	150	167	(6)
Crown Cork & Seal Company Inc [Member] | Parent [Member]
Equity earnings / (loss) in affiliates	169	142	248	186
Net income	169	142	248	186
Net income attributable to Crown Holdings	169	142	248	186
Comprehensive income	65	150	167	(6)
Comprehensive income attributable to Crown Holdings	65	150	167	(6)
Crown Cork & Seal Company Inc [Member] | Issuer [Member]
Selling and administrative expense	3	3	5	5
Income from operations	(3)	(3)	(5)	(5)
Net interest expense	25	25	52	51
Foreign exchange
Income before income taxes	(28)	(28)	(57)	(56)
Provision for income taxes	(14)	(8)	(21)	(9)
Equity earnings / (loss) in affiliates	145	131	222	188
Net income	131	111	186	141
Net income attributable to Crown Holdings	131	111	186	141
Comprehensive income	41	116	186	38
Comprehensive income attributable to Crown Holdings	41	116	186	38
Crown Cork & Seal Company Inc [Member] | Non-Guarantors [Member]
Net sales	2,142	2,278	4,035	4,275
Cost of products sold, excluding depreciation and amortization	1,691	1,843	3,212	3,503
Depreciation and amortization	65	62	125	113
Selling and administrative expense	91	96	180	192
Restructuring and other	(3)	(3)	(1)	17
Income from operations	298	280	519	450
Loss from early extinguishments of debt		9	27	9
Net interest expense	31	42	65	79
Foreign exchange	(11)	(1)	(17)	5
Income before income taxes	278	230	444	357
Provision for income taxes	79	57	124	95
Net income	199	173	320	262
Net income attributable to noncontrolling interests	(16)	(11)	(36)	(29)
Net income attributable to Crown Holdings	183	162	284	233
Comprehensive income	118	181	263	68
Comprehensive income attributable to noncontrolling interests	(18)	(11)	(39)	(27)
Comprehensive income attributable to Crown Holdings	100	170	224	41
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member]
Net sales	2,142	2,278	4,035	4,275
Cost of products sold, excluding depreciation and amortization	1,691	1,843	3,212	3,503
Depreciation and amortization	65	62	125	113
Selling and administrative expense	94	99	185	197
Restructuring and other	(3)	(3)	(1)	17
Income from operations	295	277	514	445
Loss from early extinguishments of debt		9	27	9
Net interest expense	56	67	117	130
Technology royalty			0	0
Foreign exchange	(11)	(1)	(17)	5
Income before income taxes	250	202	387	301
Provision for income taxes	65	49	103	86
Equity earnings / (loss) in affiliates	0	0	0	0
Net income	185	153	284	215
Net income attributable to noncontrolling interests	(16)	(11)	(36)	(29)
Net income attributable to Crown Holdings	169	142	248	186
Comprehensive income	83	161	206	21
Comprehensive income attributable to noncontrolling interests	(18)	(11)	(39)	(27)
Comprehensive income attributable to Crown Holdings	65	150	167	(6)
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Parent [Member]
Equity earnings / (loss) in affiliates	169	142	248	186
Net income	169	142	248	186
Net income attributable to Crown Holdings	169	142	248	186
Comprehensive income	65	150	167	(6)
Comprehensive income attributable to Crown Holdings	65	150	167	(6)
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Issuer [Member]
Selling and administrative expense	2	3	5	5
Restructuring and other	(5)		(5)
Income from operations	3	(3)	0	(5)
Loss from early extinguishments of debt		9	27	9
Net interest expense	15	24	35	44
Foreign exchange	(17)	8	15	8
Income before income taxes	5	(44)	(77)	(66)
Provision for income taxes	2	(17)	(29)	(25)
Equity earnings / (loss) in affiliates	33	38	97	88
Net income	36	11	49	47
Net income attributable to Crown Holdings	36	11	49	47
Comprehensive income	39	13	55	53
Comprehensive income attributable to Crown Holdings	39	13	55	53
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Guarantors [Member]
Net sales	508	542	955	1,028
Cost of products sold, excluding depreciation and amortization	407	433	770	820
Depreciation and amortization	8	8	16	16
Selling and administrative expense	33	36	68	78
Restructuring and other		2	4	2
Income from operations	60	63	97	112
Net interest expense	21	23	43	46
Technology royalty	(10)	(10)	(19)	(19)
Income before income taxes	49	50	73	85
Provision for income taxes	15	23	29	46
Equity earnings / (loss) in affiliates	97	84	142	102
Net income	131	111	186	141
Net income attributable to Crown Holdings	131	111	186	141
Comprehensive income	41	116	186	38
Comprehensive income attributable to Crown Holdings	41	116	186	38
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Non-Guarantors [Member]
Net sales	1,634	1,736	3,080	3,247
Cost of products sold, excluding depreciation and amortization	1,284	1,410	2,442	2,683
Depreciation and amortization	57	54	109	97
Selling and administrative expense	59	60	112	114
Restructuring and other	2	(5)		15
Income from operations	232	217	417	338
Loss from early extinguishments of debt
Net interest expense	20	20	39	40
Technology royalty	10	10	19	19
Foreign exchange	(11)	(1)	(17)	5
Income before income taxes	213	188	376	274
Provision for income taxes	54	40	98	62
Net income	159	148	278	212
Net income attributable to noncontrolling interests	(16)	(11)	(36)	(29)
Net income attributable to Crown Holdings	143	137	242	183
Comprehensive income	37	162	209	20
Comprehensive income attributable to noncontrolling interests	(18)	(11)	(39)	(27)
Comprehensive income attributable to Crown Holdings	19	151	170	(7)
Eliminations [Member] | Crown Cork & Seal Company Inc [Member]
Equity earnings / (loss) in affiliates	(314)	(273)	(470)	(374)
Net income	(314)	(273)	(470)	(374)
Net income attributable to Crown Holdings	(314)	(273)	(470)	(374)
Comprehensive income	(141)	(286)	(410)	(79)
Comprehensive income attributable to Crown Holdings	(141)	(286)	(410)	(79)
Eliminations [Member] | Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member]
Foreign exchange	17	(8)	(15)	(8)
Income before income taxes	(17)	8	15	8
Provision for income taxes	(6)	3	5	3
Equity earnings / (loss) in affiliates	(299)	(264)	(487)	(376)
Net income	(310)	(259)	(477)	(371)
Net income attributable to Crown Holdings	(310)	(259)	(477)	(371)
Comprehensive income	(99)	(280)	(411)	(84)
Comprehensive income attributable to Crown Holdings	$ (99)	$ (280)	$ (411)	$ (84)

Condensed Combining Financial67

Condensed Combining Financial Information (Condensed Combining Balance Sheet) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Cash and cash equivalents	$ 370	$ 717	$ 288	$ 965
Receivables, net	929	912
Inventories	1,419	1,213
Prepaid expenses and other current assets	240	207
Total current assets	2,958	3,049
Goodwill and intangible assets, net	3,472	3,580
Property, plant and equipment, net	2,700	2,699
Other non-current assets	646	692
Total	9,776	10,020
Short-term debt	37	54
Current maturities of long-term debt	236	209
Accounts payable and accrued liabilities	2,554	2,645
Total current liabilities	2,827	2,908
Long-term debt, excluding current maturities	5,011	5,255
Postretirement and pension liabilities	672	767
Other non-current liabilities	643	655
Commitments and contingent liabilities
Noncontrolling interests	305	291
Crown Holdings shareholders’ equity/(deficit)	318	144
Total equity/(deficit)	623	435	404	387
Total	9,776	10,020
Crown Cork & Seal Company Inc [Member]
Cash and cash equivalents	370	717	288	965
Receivables, net	929	912
Inventories	1,419	1,213
Prepaid expenses and other current assets	240	207
Total current assets	2,958	3,049
Goodwill and intangible assets, net	3,472	3,580
Property, plant and equipment, net	2,700	2,699
Other non-current assets	646	692
Total	9,776	10,020
Short-term debt	37	54
Current maturities of long-term debt	236	209
Accounts payable and accrued liabilities	2,554	2,645
Total current liabilities	2,827	2,908
Long-term debt, excluding current maturities	5,011	5,255
Long-term intercompany debt	0
Postretirement and pension liabilities	672	767
Other non-current liabilities	643	655
Commitments and contingent liabilities
Noncontrolling interests	305	291
Crown Holdings shareholders’ equity/(deficit)	318	144
Total equity/(deficit)	623	435
Total	9,776	10,020
Crown Cork & Seal Company Inc [Member] | Parent [Member]
Cash and cash equivalents	0		0
Prepaid expenses and other current assets	1
Total current assets	1
Investments	2,955	2,937
Total	2,956	2,937
Accounts payable and accrued liabilities	12	24
Total current liabilities	12	24
Long-term intercompany debt	2,626	2,769
Crown Holdings shareholders’ equity/(deficit)	318	144
Total equity/(deficit)	318	144
Total	2,956	2,937
Crown Cork & Seal Company Inc [Member] | Issuer [Member]
Cash and cash equivalents	0		0
Prepaid expenses and other current assets		2
Total current assets		2
Investments	2,708	2,490
Other non-current assets	430	430
Total	3,138	2,922
Accounts payable and accrued liabilities	35	41
Total current liabilities	35	41
Long-term debt, excluding current maturities	391	391
Long-term intercompany debt	937	885
Other non-current liabilities	292	309
Crown Holdings shareholders’ equity/(deficit)	1,483	1,296
Total equity/(deficit)	1,483	1,296
Total	3,138	2,922
Crown Cork & Seal Company Inc [Member] | Non-Guarantors [Member]
Cash and cash equivalents	370	717	288	965
Receivables, net	929	912
Inventories	1,419	1,213
Prepaid expenses and other current assets	239	205
Total current assets	2,957	3,047
Intercompany debt receivables	3,563	3,654
Goodwill and intangible assets, net	3,472	3,580
Property, plant and equipment, net	2,700	2,699
Other non-current assets	216	262
Total	12,908	13,242
Short-term debt	37	54
Current maturities of long-term debt	236	209
Accounts payable and accrued liabilities	2,507	2,580
Total current liabilities	2,780	2,843
Long-term debt, excluding current maturities	4,620	4,864
Postretirement and pension liabilities	672	767
Other non-current liabilities	351	346
Noncontrolling interests	305	291
Crown Holdings shareholders’ equity/(deficit)	4,180	4,131
Total equity/(deficit)	4,485	4,422
Total	12,908	13,242
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member]
Cash and cash equivalents	370	717	288	965
Receivables, net	929	912
Intercompany receivables		0
Inventories	1,419	1,213
Prepaid expenses and other current assets	240	207
Total current assets	2,958	3,049
Intercompany debt receivables		0
Investments		0
Goodwill and intangible assets, net	3,472	3,580
Property, plant and equipment, net	2,700	2,699
Other non-current assets	646	692
Total	9,776	10,020
Short-term debt	37	54
Current maturities of long-term debt	236	209
Accounts payable and accrued liabilities	2,554	2,645
Total current liabilities	2,827	2,908
Long-term debt, excluding current maturities	5,011	5,255
Long-term intercompany debt		0
Postretirement and pension liabilities	672	767
Other non-current liabilities	643	655
Commitments and contingent liabilities
Noncontrolling interests	305	291
Crown Holdings shareholders’ equity/(deficit)	318	144
Total equity/(deficit)	623	435
Total	9,776	10,020
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Parent [Member]
Cash and cash equivalents	0		0
Prepaid expenses and other current assets	1
Total current assets	1
Investments	2,955	2,937
Total	2,956	2,937
Accounts payable and accrued liabilities	12	24
Total current liabilities	12	24
Long-term intercompany debt	2,626	2,769
Crown Holdings shareholders’ equity/(deficit)	318	144
Total equity/(deficit)	318	144
Total	2,956	2,937
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Issuer [Member]
Cash and cash equivalents	69	104	57	128
Receivables, net	4
Prepaid expenses and other current assets	1	2
Total current assets	74	106
Intercompany debt receivables	2,800	3,111
Investments	2,293	2,199
Property, plant and equipment, net	1	1
Other non-current assets	5	6
Total	5,173	5,423
Current maturities of long-term debt	122	90
Accounts payable and accrued liabilities	29	47
Total current liabilities	151	137
Long-term debt, excluding current maturities	2,410	2,759
Long-term intercompany debt	1,298	1,268
Crown Holdings shareholders’ equity/(deficit)	1,314	1,259
Total equity/(deficit)	1,314	1,259
Total	5,173	5,423
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Guarantors [Member]
Cash and cash equivalents	0
Receivables, net	9	23
Intercompany receivables	19	30
Inventories	316	291
Prepaid expenses and other current assets	10	7
Total current assets	354	351
Intercompany debt receivables	3,401	3,471
Investments	787	804
Goodwill and intangible assets, net	469	471
Property, plant and equipment, net	415	390
Other non-current assets	445	457
Total	5,871	5,944
Accounts payable and accrued liabilities	578	526
Intercompany payables	8	2
Total current liabilities	586	528
Long-term debt, excluding current maturities	391	391
Long-term intercompany debt	2,769	3,041
Postretirement and pension liabilities	341	377
Other non-current liabilities	301	311
Crown Holdings shareholders’ equity/(deficit)	1,483	1,296
Total equity/(deficit)	1,483	1,296
Total	5,871	5,944
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Non-Guarantors [Member]
Cash and cash equivalents	301	613	231	$ 837
Receivables, net	916	889
Intercompany receivables	8	2
Inventories	1,103	922
Prepaid expenses and other current assets	228	198
Total current assets	2,556	2,624
Intercompany debt receivables	682	681
Goodwill and intangible assets, net	3,003	3,109
Property, plant and equipment, net	2,284	2,308
Other non-current assets	196	229
Total	8,721	8,951
Short-term debt	37	54
Current maturities of long-term debt	114	119
Accounts payable and accrued liabilities	1,935	2,048
Intercompany payables	19	30
Total current liabilities	2,105	2,251
Long-term debt, excluding current maturities	2,210	2,105
Long-term intercompany debt	190	185
Postretirement and pension liabilities	331	390
Other non-current liabilities	342	344
Noncontrolling interests	305	291
Crown Holdings shareholders’ equity/(deficit)	3,238	3,385
Total equity/(deficit)	3,543	3,676
Total	8,721	8,951
Eliminations [Member] | Crown Cork & Seal Company Inc [Member]
Cash and cash equivalents	0		0
Intercompany debt receivables	(3,563)	(3,654)
Investments	(5,663)	(5,427)
Total	(9,226)	(9,081)
Long-term intercompany debt	(3,563)	(3,654)
Crown Holdings shareholders’ equity/(deficit)	(5,663)	(5,427)
Total equity/(deficit)	(5,663)	(5,427)
Total	(9,226)	(9,081)
Eliminations [Member] | Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member]
Cash and cash equivalents	0		$ 0
Intercompany receivables	(27)	(32)
Total current assets	(27)	(32)
Intercompany debt receivables	(6,883)	(7,263)
Investments	(6,035)	(5,940)
Total	(12,945)	(13,235)
Intercompany payables	(27)	(32)
Total current liabilities	(27)	(32)
Long-term intercompany debt	(6,883)	(7,263)
Crown Holdings shareholders’ equity/(deficit)	(6,035)	(5,940)
Total equity/(deficit)	(6,035)	(5,940)
Total	$ (12,945)	$ (13,235)

Condensed Combining Financial68

Condensed Combining Financial Information (Condensed Combining Statement of Cash Flows) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Net cash provided by/(used for) operating activities	$ 63	$ (15)
Capital expenditures	(143)	(111)
Purchase of business	0	(1,207)
Proceeds from sale of business	0	30
Other	18	(14)
Net cash used for investing activities	(125)	(1,302)
Proceeds from long-term debt	304	1,421
Payments of long-term debt	(725)	(752)
Net change in revolving credit facility and short-term debt	138	96
Debt issue costs	(2)	(17)
Common stock issued	5	5
Common stock repurchased	(8)	(9)
Contributions from noncontrolling interests	1	0
Dividends paid to noncontrolling interests	(26)	(17)
Foreign exchange derivatives related to debt	32	(48)
Net cash provided by (used for) by financing activities	(281)	679
Effect of exchange rate changes on cash and cash equivalents	(4)	(39)
Net change in cash and cash equivalents	(347)	(677)
Cash and cash equivalents at beginning of period	717	965
Cash and cash equivalents at end of period	370	288
Crown Cork & Seal Company Inc [Member]
Net cash provided by/(used for) operating activities	63	(15)
Capital expenditures	(143)	(111)
Purchase of business		(1,207)
Proceeds from sale of business		30
Intercompany investing activities		0
Other	18	(14)
Net cash used for investing activities	(125)	(1,302)
Proceeds from long-term debt	304	1,421
Payments of long-term debt	(725)	(752)
Net change in revolving credit facility and short-term debt	138	96
Net change in long-term intercompany balances		0
Debt issue costs	(2)	(17)
Common stock issued	5	5
Common stock repurchased	(8)	(9)
Dividends paid	0	0
Contributions from noncontrolling interests	1
Dividends paid to noncontrolling interests	(26)	(17)
Foreign exchange derivatives related to debt	32	(48)
Net cash provided by (used for) by financing activities	(281)	679
Effect of exchange rate changes on cash and cash equivalents	(4)	(39)
Net change in cash and cash equivalents	(347)	(677)
Cash and cash equivalents at beginning of period	717	965
Cash and cash equivalents at end of period	370	288
Crown Cork & Seal Company Inc [Member] | Parent [Member]
Net cash provided by/(used for) operating activities	(4)	10
Intercompany investing activities	150	(862)
Net cash used for investing activities	150	(862)
Net change in long-term intercompany balances	(143)	856
Common stock issued	5	5
Common stock repurchased	(8)	(9)
Net cash provided by (used for) by financing activities	(146)	852
Net change in cash and cash equivalents	0	0
Cash and cash equivalents at end of period	0	0
Crown Cork & Seal Company Inc [Member] | Issuer [Member]
Net cash provided by/(used for) operating activities	(52)	(56)
Intercompany investing activities		5
Net cash used for investing activities		5
Net change in long-term intercompany balances	52	51
Net cash provided by (used for) by financing activities	52	51
Net change in cash and cash equivalents	0	0
Cash and cash equivalents at end of period	0	0
Crown Cork & Seal Company Inc [Member] | Non-Guarantors [Member]
Net cash provided by/(used for) operating activities	124	31
Capital expenditures	(143)	(111)
Purchase of business		(1,207)
Proceeds from sale of business		30
Intercompany investing activities		862
Other	18	(14)
Net cash used for investing activities	(125)	(440)
Proceeds from long-term debt	304	1,421
Payments of long-term debt	(725)	(752)
Net change in revolving credit facility and short-term debt	138	96
Net change in long-term intercompany balances	91	(907)
Debt issue costs	(2)	(17)
Dividends paid	(155)	(5)
Contributions from noncontrolling interests	1
Dividends paid to noncontrolling interests	(26)	(17)
Foreign exchange derivatives related to debt	32	(48)
Net cash provided by (used for) by financing activities	(342)	(229)
Effect of exchange rate changes on cash and cash equivalents	(4)	(39)
Net change in cash and cash equivalents	(347)	(677)
Cash and cash equivalents at beginning of period	717	965
Cash and cash equivalents at end of period	370	288
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member]
Net cash provided by/(used for) operating activities	63	(15)
Capital expenditures	(143)	(111)
Purchase of business		(1,207)
Proceeds from sale of business		30
Intercompany investing activities	0	0
Other	18	(14)
Net cash used for investing activities	(125)	(1,302)
Proceeds from long-term debt	304	1,421
Payments of long-term debt	(725)	(752)
Net change in revolving credit facility and short-term debt	138	96
Net change in long-term intercompany balances		0
Debt issue costs	(2)	(17)
Common stock issued	5	5
Common stock repurchased	(8)	(9)
Dividends paid	0	0
Contributions from noncontrolling interests	1
Dividends paid to noncontrolling interests	(26)	(17)
Foreign exchange derivatives related to debt	32	(48)
Net cash provided by (used for) by financing activities	(281)	679
Effect of exchange rate changes on cash and cash equivalents	(4)	(39)
Net change in cash and cash equivalents	(347)	(677)
Cash and cash equivalents at beginning of period	717	965
Cash and cash equivalents at end of period	370	288
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Parent [Member]
Net cash provided by/(used for) operating activities	(4)	10
Intercompany investing activities	150	(862)
Net cash used for investing activities	150	(862)
Net change in long-term intercompany balances	(143)	856
Common stock issued	5	5
Common stock repurchased	(8)	(9)
Net cash provided by (used for) by financing activities	(146)	852
Net change in cash and cash equivalents	0	0
Cash and cash equivalents at end of period	0	0
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Issuer [Member]
Net cash provided by/(used for) operating activities	(49)	(29)
Intercompany investing activities		2
Net cash used for investing activities		2
Proceeds from long-term debt	300	750
Payments of long-term debt	(700)	(675)
Net change in revolving credit facility and short-term debt	75	40
Net change in long-term intercompany balances	341	(150)
Debt issue costs	(2)	(9)
Foreign exchange derivatives related to debt
Net cash provided by (used for) by financing activities	14	(44)
Net change in cash and cash equivalents	(35)	(71)
Cash and cash equivalents at beginning of period	104	128
Cash and cash equivalents at end of period	69	57
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Guarantors [Member]
Net cash provided by/(used for) operating activities	92	64
Capital expenditures	(50)	(21)
Intercompany investing activities	150	9
Other	10	(10)
Net cash used for investing activities	110	(22)
Net change in long-term intercompany balances	(202)	(42)
Net cash provided by (used for) by financing activities	(202)	(42)
Net change in cash and cash equivalents		0
Cash and cash equivalents at end of period	0
Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member] | Non-Guarantors [Member]
Net cash provided by/(used for) operating activities	38	(60)
Capital expenditures	(93)	(90)
Purchase of business		(1,207)
Proceeds from sale of business		30
Intercompany investing activities		862
Other	8	(4)
Net cash used for investing activities	(85)	(409)
Proceeds from long-term debt	4	671
Payments of long-term debt	(25)	(77)
Net change in revolving credit facility and short-term debt	63	56
Net change in long-term intercompany balances	4	(664)
Debt issue costs		(8)
Dividends paid	(314)	(11)
Contributions from noncontrolling interests	1
Dividends paid to noncontrolling interests	(26)	(17)
Foreign exchange derivatives related to debt	32	(48)
Net cash provided by (used for) by financing activities	(261)	(98)
Effect of exchange rate changes on cash and cash equivalents	(4)	(39)
Net change in cash and cash equivalents	(312)	(606)
Cash and cash equivalents at beginning of period	613	837
Cash and cash equivalents at end of period	301	231
Eliminations [Member] | Crown Cork & Seal Company Inc [Member]
Net cash provided by/(used for) operating activities	(5)
Intercompany investing activities	(150)	(5)
Net cash used for investing activities	(150)	(5)
Dividends paid	155	5
Net cash provided by (used for) by financing activities	155	5
Net change in cash and cash equivalents	0	0
Cash and cash equivalents at end of period	0	0
Eliminations [Member] | Crown Americas, LLC, Crown Americas Capital Corp. And Crown Americas Capital Corp. II [Member]
Net cash provided by/(used for) operating activities	(14)
Intercompany investing activities	(300)	(11)
Net cash used for investing activities	(300)	(11)
Dividends paid	314	11
Net cash provided by (used for) by financing activities	314	11
Net change in cash and cash equivalents	0	0
Cash and cash equivalents at end of period	$ 0	$ 0