Crown (CCK) 10-Q 29 Oct 18 2018 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 25, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
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 Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding		135,190,167

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Statement [Abstract]
Net sales	$ 3,174	$ 2,468	$ 8,417	$ 6,530
Cost of products sold, excluding depreciation and amortization	2,530	1,972	6,804	5,235
Depreciation and amortization	127	63	305	183
Selling and administrative expense	153	89	402	270
Restructuring and other	(1)	16	28	30
Income from operations	365	328	878	812
Other pension and postretirement	(13)	(19)	(47)	(43)
Loss from early extinguishments of debt	0	0	0	(7)
Interest expense	105	64	282	187
Interest income	(6)	(4)	(17)	(10)
Foreign exchange	(14)	0	14	4
Income before income taxes	293	287	646	667
Provision for income taxes	102	79	196	178
Equity earnings / (loss) in affiliates	2	0	3	0
Net income	193	208	453	489
Net income attributable to noncontrolling interests	(29)	(31)	(67)	(77)
Net income attributable to Crown Holdings	$ 164	$ 177	$ 386	$ 412
Earnings per common share attributable to Crown Holdings:
Basic (in usd per share)	$ 1.23	$ 1.32	$ 2.89	$ 3.03
Diluted (in usd per share)	$ 1.23	$ 1.32	$ 2.88	$ 3.02

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 193	$ 208	$ 453	$ 489
Other comprehensive income, net of tax:
Foreign currency translation adjustments	(11)	17	(73)	226
Pension and other postretirement benefits	7	23	29	40
Derivatives qualifying as hedges	(10)	4	(28)	12
Total other comprehensive (loss) income	(14)	44	(72)	278
Total comprehensive income	179	252	381	767
Net income attributable to noncontrolling interests	(29)	(31)	(67)	(77)
Translation adjustments attributable to noncontrolling interests	1	(1)	2	(3)
Derivatives qualifying as hedges attributable to noncontrolling interests	0	0	1	0
Comprehensive income attributable to Crown Holdings	$ 151	$ 220	$ 317	$ 687

Consolidated Balance Sheets (Co

Consolidated Balance Sheets (Condensed) - USD ($) $ in Millions	Sep. 30, 2018	Jan. 01, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 298		$ 424	$ 374	$ 559
Receivables, net	1,968	$ 1,195	1,041
Inventories	1,639	1,241	1,385
Prepaid expenses and other current assets	193	250	224
Total current assets	4,098	3,110	3,074
Goodwill	4,495		3,046
Intangible assets, net	2,258		472
Property, plant and equipment, net	3,722		3,239
Other non-current assets	762	833	832
Total	15,335	10,700	10,663
Current liabilities
Short-term debt	53		62
Current maturities of long-term debt	89		64
Accounts payable	2,507		2,367
Accrued liabilities	952	774	757
Total current liabilities	3,601	3,267	3,250
Long-term debt, excluding current maturities	8,928		5,217
Postretirement and pension liabilities	616		588
Other non-current liabilities	880	695	685
Commitments and contingent liabilities
Noncontrolling interests	369	323	322
Crown Holdings shareholders’ equity	941	610	601
Total equity	1,310	933	923	$ 1,112	$ 668
Total	$ 15,335	$ 10,700	$ 10,663

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Condensed) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities
Net income	$ 453	$ 489
Adjustments to reconcile net income to net cash used for operating activities:
Depreciation and amortization	305	183
Restructuring and other	28	30
Foreign exchange	14	4
Pension expense	8	10
Pension contributions	(14)	(46)
Deferred income taxes	64	60
Stock-based compensation	17	16
Changes in assets and liabilities:
Receivables	(955)	(976)
Inventories	(139)	(108)
Accounts payable and accrued liabilities	(37)	48
Other, net	24	20
Net cash used for operating activities	(232)	(270)
Cash flows from investing activities
Capital expenditures	(305)	(282)
Acquisition of business, net of cash acquired	(3,912)	0
Beneficial interests in transferred receivables	490	758
Proceeds from sale of property, plant and equipment	27	8
Foreign exchange derivatives related to acquisitions	(25)	0
Net investment hedge	10	0
Other	(4)	(20)
Net cash (used for) provided by investing activities	(3,719)	464
Cash flows from financing activities
Proceeds from long-term debt	4,082	1,054
Payments of long-term debt	(56)	(1,100)
Net change in revolving credit facility and short-term debt	(27)	22
Debt issue costs	(70)	(15)
Common stock issued	1	8
Common stock repurchased	(4)	(339)
Dividends paid to noncontrolling interests	(18)	(68)
Foreign exchange derivatives related to debt	(6)	38
Net cash provided by (used for) financing activities	3,902	(400)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(32)	16
Net change in cash, cash equivalents and restricted cash	(81)	(190)
Cash, cash equivalents and restricted cash beginning balance	435	576
Cash, cash equivalents and restricted cash ending balance	$ 354	$ 386

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Millions	Total	Common Stock	Paid-in Capital	Accumulated Earnings	Accumulated Other Comprehensive Loss	Treasury Stock	Total Crown Equity	Noncontrolling Interests
Cumulative effect of change in accounting principles	$ 60			$ 60			$ 60
Balance at beginning of period at Dec. 31, 2016	668	$ 929	$ 446	2,621	$ (3,400)	$ (230)	366	$ 302
Net income attributable to Crown Holdings	412			412			412
Net income attributable to noncontrolling interests	77							77
Net income	489
Other comprehensive income	278				275		275	3
Dividends paid to noncontrolling interests	(68)							(68)
Restricted stock awarded	0		(1)			1
Stock-based compensation	16		16				16
Common stock issued	8		7			1	8
Common stock repurchased	(339)		(308)			(31)	(339)
Purchase of noncontrolling interests	0						0
Balance at end of period at Sep. 30, 2017	1,112	929	160	3,093	(3,125)	(259)	798	314
Cumulative effect of change in accounting principles	10			6	3		9	1
Balance at beginning of period at Dec. 31, 2017	923	929	167	3,004	(3,241)	(258)	601	322
Net income attributable to Crown Holdings	386			386			386
Net income attributable to noncontrolling interests	67							67
Net income	453
Other comprehensive income	(72)				(69)		(69)	(3)
Dividends paid to noncontrolling interests	(18)							(18)
Restricted stock awarded	0		(5)			5
Stock-based compensation	17		17				17
Common stock issued	1		1				1
Common stock repurchased	(4)		(4)				(4)
Balance at end of period at Sep. 30, 2018	$ 1,310	$ 929	$ 176	$ 3,396	$ (3,307)	$ (253)	$ 941	$ 369

Statement of Information Furnis

Statement of Information Furnished	9 Months Ended
	Sep. 30, 2018
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 September 30, 2018 and the results of its operations for the three and nine months ended September 30, 2018 and 2017 and of its cash flows for the nine months ended September 30, 2018 and 2017 . 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, 2017 .

Accounting and Reporting Develo

Accounting and Reporting Developments	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Accounting and Reporting Developments	Accounting and Reporting Developments Recently Adopted Accounting Standards Statement of Cash Flows In August 2016, the FASB issued new guidance related to the classification of certain cash receipts and payments on the statement of cash flows. Under the new guidance, premiums paid for debt extinguishments are classified as cash outflows from financing activities. In addition, beneficial interests obtained in a securitization of financial assets are disclosed as a noncash activity and cash receipts from the beneficial interests are classified as cash inflows from investing activities. Under previous guidance, the Company classified cash receipts from beneficial interests in securitized receivables and premiums paid for debt extinguishments as cash flows from operating activities. The Company adopted this guidance on January 1, 2018 and recast prior period amounts to conform to the current year presentation. For the period ended September 30, 2017, the Company reclassified $758 from net cash used for operating activities to net cash provided by investing activities. Additionally, for the nine months ended September 30, 2018 and 2017, beneficial interests obtained in securitized receivables were $456 and $817 . In November 2016, new accounting guidance was issued that requires the statement of cash flows to explain the change in the total of cash, cash equivalents and restricted cash. In addition, restricted cash is included in a cash reconciliation of beginning-of-period and end-of-period total amounts shown on the statements of cash flows. The Company adopted this guidance on January 1, 2018 and recast prior period amounts to conform to the current year presentation. Cash, cash equivalents and restricted cash included in the Company's Consolidated Balance Sheets were as follows: September 30, 2018 December 31, 2017 Cash and cash equivalents $ 298 $ 424 Restricted cash included in prepaid expenses and other current assets 48 2 Restricted cash included in other non-current assets 8 9 Total cash, cash equivalents and restricted cash $ 354 $ 435 September 30, 2017 December 31, 2016 Cash and cash equivalents $ 374 $ 559 Restricted cash included in prepaid expenses and other current assets 2 8 Restricted cash included in other non-current assets 10 9 Total cash, cash equivalents and restricted cash $ 386 $ 576 Amounts included in restricted cash primarily represent amounts required to be set aside by certain of the Company's receivables securitization agreements. Pension and other postretirement benefit costs In March 2017, the FASB issued new guidance on the presentation of pension and other postretirement benefit costs. Under the new guidance, only the service cost component of pension and other postretirement benefit costs is presented with other employee compensation costs within income from operations or capitalized in assets. The other components are reported separately outside of income from operations and are not eligible for capitalization. The Company adopted this guidance on January 1, 2018 and recast prior period amounts to conform to the current year presentation. The Company reclassified the following net (benefits) charges on the Statement of Operations for the three and nine months ended September 30, 2017 to conform to current year presentation: Three Months Ended Nine Months Ended September 30, 2017 September 30, 2017 Cost of products sold, excluding depreciation and amortization $ (16 ) $ (41 ) Selling and administrative expense 1 2 Restructuring and other (4 ) (4 ) Other pension and postretirement (19 ) (43 ) Revenue recognition In May 2014, the FASB issued new guidance which outlined a single comprehensive model to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance. Under previous guidance, the Company generally recognized revenue upon shipment or delivery. Under the new guidance, revenue is recognized when a customer obtains control of promised goods or services which is either at a point in time or over time. In addition to accelerating the timing of revenue recognition, an unbilled receivable is recognized with an offsetting decrease to inventory. The new guidance will not have a material impact on the Company's annual income from operations but could impact income from operations in certain quarters as the Company may recognize revenue from certain products as it builds inventory in anticipation of seasonal demands. On January 1, 2018, the Company adopted the new revenue standard using the modified retrospective method applied to those contracts which were outstanding as of January 1, 2018. The Company recognized the cumulative effect of initially applying the standard as an adjustment to the opening balance of retained earnings. Results for reporting periods beginning after January 1, 2018 are presented under the new revenue standard, while prior period amounts are not adjusted and continue to be reported in accordance with accounting standards in effect for those periods. The cumulative effect of the changes made to the Company’s Consolidated Balance Sheet as of January 1, 2018 for the adoption of the new revenue standard was as follows: As reported As revised December 31, 2017 Adjustment January 1, 2018 Receivables, net $ 1,041 $ 154 $ 1,195 Inventories 1,385 (144 ) 1,241 Prepaid and other current assets 224 26 250 Total current assets 3,074 36 3,110 Other non-current assets 832 1 833 Total assets 10,663 37 10,700 Accrued liabilities 757 17 774 Total current liabilities 3,250 17 3,267 Other non-current liabilities 685 10 695 Noncontrolling interests 322 1 323 Accumulated earnings 3,004 9 3,013 Crown Holdings shareholders' equity 601 9 610 Total equity 923 10 933 Total liabilities and equity 10,663 37 10,700 The impact of adoption on the Company’s Consolidated Balance Sheet as of September 30, 2018 and Statements of Operations for the three and nine months ended September 30, 2018 was as follows: As reported Balances without adoption of new standard Consolidated Balance Sheet September 30, 2018 Effects of change Receivables, net $ 1,968 $ (226 ) $ 1,742 Inventories 1,639 199 1,838 Prepaid and other current assets 193 (28 ) 165 Total current assets 4,098 (55 ) 4,043 Other non-current assets 762 2 764 Total assets 15,335 (53 ) 15,282 Accrued liabilities 952 (24 ) 928 Total current liabilities 3,601 (24 ) 3,577 Other non-current liabilities 880 (11 ) 869 Noncontrolling interests 369 (2 ) 367 Accumulated earnings 3,396 (16 ) 3,380 Crown Holdings shareholders' equity 941 (16 ) 925 Total equity 1,310 (18 ) 1,292 Total liabilities and equity 15,335 (53 ) 15,282 As reported For the three months ended Effects of change Balances without adoption of new standard Statement of Operations September 30, 2018 Net sales $ 3,174 $ (6 ) $ 3,168 Cost of products sold, excluding depreciation and amortization 2,530 (6 ) 2,524 Income from operations 365 — 365 Foreign exchange (14 ) (1 ) (15 ) Income before income taxes 293 1 294 Provision for income taxes 102 — 102 Net income 193 1 194 Net income attributable to Crown Holdings 164 1 165 Earnings per common share attributable to Crown Holdings: Basic $ 1.23 $ 0.01 $ 1.24 Diluted $ 1.23 $ — $ 1.23 As reported For the nine months ended Effects of change Balances without adoption of new standard Statement of Operations September 30, 2018 Net sales $ 8,417 $ (83 ) $ 8,334 Cost of products sold, excluding depreciation and amortization 6,804 (69 ) 6,735 Income from operations 878 (14 ) 864 Foreign exchange 14 (4 ) 10 Income before taxes 646 (10 ) 636 Provision for income taxes 196 (3 ) 193 Net income 453 (7 ) 446 Net income attributable to Crown Holdings 386 (7 ) 379 Earnings per common share attributable to Crown Holdings: Basic $ 2.89 $ (0.05 ) $ 2.84 Diluted $ 2.88 $ (0.05 ) $ 2.83 Hedge Accounting In August 2017, the FASB issued new guidance on hedge accounting. The new guidance allows contractually-specified price components of a commodity purchase or sale to be eligible for hedge accounting. Additionally, the new standard permits qualitative effectiveness assessments for certain hedges after the initial hedge qualification analysis. The Company adopted this guidance on January 1, 2018 using the modified retrospective approach. Upon adoption, the Company reclassified a net charge of $3 for the cumulative ineffectiveness of these contracts from retained earnings to accumulated other comprehensive income as a cumulative-effect adjustment. Intercompany transfers In October 2016, the FASB issued new guidance related to intercompany transfers of assets other than inventory. Under previous guidance, income tax expense associated with intercompany profits in an intercompany sale or transfer of assets was deferred until the assets left the consolidated group. Similarly, deferred tax assets were not recognized for any increase in tax bases due to the intercompany sale or transfer. The new guidance allows for the recognition of income tax expense and deferred tax benefits on increases in tax bases when an intercompany sale or transfer occurs. Income tax effects of intercompany inventory transactions continue to be deferred until the assets leave the consolidated group. The guidance was effective for the Company on January 1, 2018 and did not have a material impact on the Company's consolidated financial statements. Recently Issued Accounting Standards In February 2016, the FASB issued new guidance on lease accounting. Under the new guidance, lease classification criteria and income statement recognition are similar to current guidance; however, all leases with a term longer than one year will be recorded on the balance sheet through a right-of-use asset and a corresponding lease liability. The Company will adopt the guidance on a modified retrospective basis on January 1, 2019. The guidance is not expected to have a material impact on the Company's consolidated statement of operations or cash flows but is expected to have a material impact on its statement of financial position.

Acquisition of Signode (Notes)

Acquisition of Signode (Notes)	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	Acquisition of Signode On April 3, 2018, the Company completed its acquisition of Signode Industrial Group Holdings (Bermuda) Ltd. (“Signode”), a leading global provider of transit packaging systems and solutions, thereby broadening and diversifying its customer base and product offerings. The Company paid a purchase price of $3.9 billion. The acquisition was undertaken by a subsidiary of Crown European Holdings S.A. See Note L for further details about the acquisition financing. Additionally, the Company entered into forward contracts to partially mitigate its currency exchange rate risk associated with the dollar denominated cash portion of the purchase price. On March 29, 2018, the Company settled these contracts for a loss of $25 . The following table summarizes the consideration transferred to acquire Signode and the preliminary valuation of identifiable assets acquired and liabilities assumed at the acquisition date. Fair value of consideration transferred Cash consideration $ 3,912 Recognized amounts of identifiable assets acquired and liabilities assumed Receivables, net 374 Inventories 303 Prepaid expenses and other current assets 45 Intangible assets, net 1,935 Property, plant and equipment, net 453 Other non-current assets 50 Short-term debt (4 ) Accounts payable (222 ) Accrued liabilities (166 ) Long-term debt (3 ) Postretirement and pension liabilities (50 ) Other non-current liabilities (351 ) Total identifiable net assets $ 2,364 Goodwill $ 1,548 The acquired property, plant and equipment will be depreciated over the estimated remaining useful lives on a straight-line basis. The acquired intangible assets will be amortized over the estimated remaining useful lives of the intangible assets, primarily on a straight-line basis. Intangible assets acquired and the weighted average remaining useful lives were as follows: Preliminary fair value Weighted average estimated useful life (in years) Customer relationships 1,201 12 Trade names 568 26 Technology 166 7 $ 1,935 The Company has not yet finalized the determination of the fair value of assets acquired and liabilities assumed, including income taxes and contingencies. Measurement period adjustments during the three month period ended September 30, 2018, primarily result to adjustment to Signode's deferred tax liabilities. The Company expects to finalize these amounts within one year of the acquisition date . Signode is reported as the Company's Transit Packaging segment. The acquired goodwill was assigned to this segment and is not expected to be deductible for tax purposes. Signode's results of operations have been included in the Company's financial statements for the period subsequent to the completion of the acquisition on April 3, 2018. Signode contributed sales of $585 and $1,205 and net income attributable to Crown Holdings of $27 and $30 for the three and nine months ended September 30, 2018. The following unaudited supplemental pro forma data presents consolidated information as if the acquisition had been completed on January 1, 2017. These amounts were calculated after adjusting Signode's results to reflect interest expense incurred on the debt to finance the acquisition, additional depreciation and amortization that would have been charged assuming the fair value of property, plant and equipment and intangible assets had been applied from January 1, 2017 and related transaction costs. These adjustments also include an additional charge of $32 in the nine months ended September 30, 2017 for the fair value adjustment related to the sale of inventory acquired. Signode's results include foreign exchange losses related to pre-acquisition intercompany debt arrangements o f $15 for the nine months ended September 30, 2018 and $14 and $38 for the three and nine months ended September 30, 2017. Three Months Ended Nine Months Ended September 30 September 30 2017 2018 2017 Pro forma net sales $ 3,033 $ 9,005 $ 8,196 Pro forma net income attributable to Crown Holdings 169 389 344 Earnings per common share attributable to Crown Holdings: Basic $ 1.26 $ 2.91 $ 2.53 Diluted $ 1.26 $ 2.91 $ 2.52 The unaudited supplemental pro forma financial information is based on the Company's preliminary assignment of purchase price and therefore subject to adjustment upon finalizing the purchase price assignment. The pro forma data should not be considered indicative of the results that would have occurred if the acquisition and related financing had been consummated on the assumed completion dates, nor are they indicative of future results.

Revenue

Revenue	9 Months Ended
	Sep. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenue	Revenue The majority of the Company’s revenues from metal packaging products are derived from multi-year requirements contracts with leading manufacturers and marketers of packaged consumer products for can sets, comprising a can and an end. Requirement contracts do not typically include fixed volumes but as customers issue releases, purchase orders or other similar instructions pursuant to the requirements contracts, they create fixed obligations to pay for the quantities in those instructions. The can and the end are considered separate performance obligations because they are distinct and separately identifiable. Revenues from the Company's transit packaging segment are generally derived from individual purchase orders which may include multiple goods and services which are separate performance obligations because they are distinct and separately identifiable. Revenues are recognized when control of the promised products is transferred to customers. The Company manufactures certain products that have no alternative use to the Company once they are printed or manufactured to customer specifications. If the Company has an enforceable right to payment for custom products at all times in the manufacturing process, revenue is recognized over time. In each of the Company’s geographic markets, revenue from beverage cans is primarily recognized over time using the units produced output method as beverage cans are generally printed for a specific customer in a continuous production process and, therefore, the customer obtains value as each unit is produced. The timing of revenue recognition for the Company’s other products, including beverage ends and three-piece products, which includes food cans and ends and aerosol cans and ends, may vary as these products may be printed or customized depending upon customer preferences which can vary by geographic market. Revenue that is recognized over time for the Company’s three-piece products and equipment business is generally recognized using the cost-to-cost input method as these products involve an intermediary step that results in customized work-in-process inventory. For products that follow a point in time model, revenue is generally recognized when title and risk of loss transfer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. Standalone selling prices for each performance obligation are generally stated in the contract. When the Company offers variable consideration in the form of volume rebates to customers, it estimates the most likely amount of revenue to which it is expected to be entitled and includes the estimate in the transaction price, limited to the amount which is probable will not result in reversal of cumulative revenue recognized when the variable consideration is resolved. When the Company offers customers options to purchase additional product at discounted prices, judgment is required to determine if the discounted prices represent material rights. If so, the transaction price allocated to the discount is based on its relative standalone price and is recognized upon purchase of the additional product. Customer payment terms are typically less than one year and as such, the Company has applied the practical expedient to exclude consideration of significant financing components from the determination of transaction price. Taxes collected from customers and remitted to governmental authorities are excluded from net sales. Shipping and handling fees and costs from product sales are reported as cost of products sold and are accrued when the Company recognizes revenue over time before the shipping and handling activities occur. Costs to obtain a contract are generally immaterial but the Company has elected the practical expedient to expense these costs as incurred if the duration of the contract is one year or less. For the three and nine months ended September 30, 2018, the Company recognized revenue of $1,524 and $4,459 over time and $1,650 and $3,958 at a point in time. See Note R for further disaggregation of the Company's revenue for the three and nine months ended September 30, 2018. The Company has applied the practical expedient to exclude disclosure of remaining performance obligations as its binding orders typically have a term of one year or less. Unbilled Receivables Unbilled receivables are recorded for revenue recognized over time when the Company has determined that control has passed to the customer but the customer has not yet been invoiced because the Company does not have present right to payment. The Company generally has a present right to payment when title of product transfers. Unbilled receivables are reflected in receivables in the Consolidated Balance Sheet with an offsetting decrease to inventory. Contract Assets and Contract Liabilities Contract assets are recorded for revenue recognized over time when the Company has determined that control for a performance obligation has passed to the customer, but the right to invoice the customer is contingent upon the completion of the performance obligations included in the contract. Contract assets are classified as current as they are expected to be invoiced within one year and may not exceed their net realizable value. Contract liabilities are established if the Company must defer the recognition of a portion of consideration received because it has to satisfy a future obligation. Contract liabilities are classified as current or noncurrent based on when the Company expects to recognize revenue. Contract assets are typically recognized for work in process related to the Company's three-piece printed products. The Company's equipment business may record contract assets or contract liabilities depending on the timing of satisfaction of performance obligations and receipt of consideration from the customer. These equipment contracts, including payment terms, are typically less than one year in duration. Contract assets and liabilities are reported in a net position on a contract-by-contract basis. Net contract assets were as follows: September 30, 2018 January 1, 2018 Contract assets included in prepaid and other current assets $ 28 $ 26 Contract liabilities included in accrued liabilities (1 ) (1 ) Contract liabilities included in other non-current liabilities (7 ) (7 ) Net contract asset $ 20 $ 18

Receivables

Receivables	9 Months Ended
	Sep. 30, 2018
Receivables [Abstract]
Receivables	Receivables September 30, 2018 December 31, 2017 Accounts receivable $ 1,584 $ 894 Less: allowance for doubtful accounts (71 ) (71 ) Net trade receivables 1,513 823 Unbilled receivables 226 — Miscellaneous receivables 229 218 Receivables, net $ 1,968 $ 1,041 In July 2018, the Company terminated its $200 North American securitization facility, which included a deferred purchase price component, and entered into a new securitization facility to sell, on a revolving basis, certain trade accounts receivable balances up to a maximum of $375 . The new securitization agreement removed the deferred purchase price component; however, it requires the Company to maintain a deposit in a restricted cash account. The Company received net proceeds of $106 from the termination of the securitization facility and resale of receivables under the new agreement. These proceeds are included in the beneficial interest in securitized receivables line in the Company's Consolidated Statement of Cash Flows. Transfers under the new securitization facility will continue to be accounted for as sales because the Company sells full title and ownership in the underlying receivables and has met the criteria for control of the receivables to be considered transferred. The new securitization facility matures in July, 2020.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2018
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. September 30, 2018 December 31, 2017 Raw materials and supplies $ 871 $ 737 Work in process 155 139 Finished goods 613 509 $ 1,639 $ 1,385

Intangible Assets, net (Notes)

Intangible Assets, net (Notes)	9 Months Ended
	Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	Intangible Assets Gross carrying amounts and accumulated amortization of finite-lived intangible assets by major class were as follows: September 30, 2018 December 31, 2017 Gross Accumulated amortization Net Gross Accumulated amortization Net Customer relationships $ 1,628 $ (178 ) $ 1,450 $ 461 $ (108 ) $ 353 Trade names 550 (12 ) $ 538 — — — Technology 161 (12 ) 149 — — — Long term supply contracts 150 (36 ) 114 143 (27 ) 116 $ 2,489 $ (238 ) $ 2,251 $ 604 $ (135 ) $ 469 The table above excludes other finite-lived intangible assets with net balances of $7 at September 30, 2018 and $3 at December 31, 2017. See Note C for additional information about the intangible assets acquired with Signode. Total amortization expense of intangible assets was $51 and $103 and $9 and $29 for the three and nine months ended September 30, 2018 and 2017.

Restructuring and Other

Restructuring and Other	9 Months Ended
	Sep. 30, 2018
Restructuring Reserve [Abstract]
Restructuring and Other	Restructuring and Other The Company recorded restructuring and other charges / (benefits) as follows: Three Months Ended Nine Months Ended September 30 September 30 2018 2017 2018 2017 Asset impairments and sales $ (13 ) $ 9 $ (6 ) $ 3 Restructuring 9 4 15 8 Transaction costs — — 22 — Other costs 3 3 (3 ) 19 $ (1 ) $ 16 $ 28 $ 30 For the nine months ended September 30, 2018, transaction costs relate to the Signode acquisition. For the nine months ended September 30, 2017, other costs included a charge of $16 due to a litigation matter related to Mivisa that arose prior to its acquisition by the Company in 2014. The Company recorded a benefit of $6 due to favorable settlement of this matter during the nine months ended September 30, 2018. For the nine months ended September 30, 2017, asset impairments and sales included a benefit of $5 due to the expiration of an environmental indemnification related to the sale of certain operations in the Company's European Specialty Packaging business in 2015. At September 30, 2018 , the Company had restructuring accruals of $16 primarily related to the closure of a promotional packaging facility in Europe which was announced in 2017 and prior actions to reduce manufacturing capacity and headcount in its European businesses. The Company expects to pay the majority of this liability over the next twelve months. 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 charges in the future.

Asbestos-Related Liabilities

Asbestos-Related Liabilities	9 Months Ended
	Sep. 30, 2018
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 U.S. 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 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, Iowa, 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 nine months ended September 30, 2018 , the Company paid $7 to settle outstanding claims and had claims activity as follows: Beginning claims 55,500 New claims 1,000 Settlements or dismissals (1,000 ) Ending claims 55,500 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, 2017 , the Company's outstanding claims were: Claimants alleging first exposure after 1964 16,500 Claimants alleging first exposure before or during 1964 filed in: Texas 13,000 Pennsylvania 1,500 Other states that have enacted asbestos legislation 6,000 Other states 18,500 Total claims outstanding 55,500 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: 2017 2016 2015 Total claims 22 % 22 % 22 % Pre-1964 claims in states without asbestos legislation 41 % 41 % 41 % 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 September 30, 2018 . As of September 30, 2018 , the Company’s accrual for pending and future asbestos-related claims and related legal costs was $ 305 , including $ 254 for unasserted claims. The Company determines its accrual without limitation to a specific time period. It is reasonably possible that the actual loss could be in excess of the Company’s accrual. However, 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 81% of the claims outstanding at the end of 2017 ), 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	9 Months Ended
	Sep. 30, 2018
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 $9 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 German market for the supply of metal packaging products. The Company conducted an internal investigation into the matter and discovered instances of inappropriate conduct by certain employees of German subsidiaries of the Company. The Company cooperated with the FCO and submitted a leniency application with the FCO which disclosed the findings of its internal investigation to date. In April 2018, the FCO discontinued its national investigation and referred the matter to the European Commission (the “Commission”). Following the referral, Commission officials conducted unannounced inspections of the premises of several metal packaging manufacturers, including Company subsidiaries in Germany, France and the United Kingdom. The Commission's investigation is ongoing and, to date, the Commission has not officially charged the Company or any of its subsidiaries with violations of competition law. The Company is cooperating with the Commission and submitted a leniency application with the Commission with respect to the findings of the investigation in Germany referenced above. This application may lead to the reduction of possible future penalties. At this stage of the investigation the Company believes that a loss is probable but is unable to predict the ultimate outcome of the Commission’s investigation and is unable to estimate the loss or possible range of losses that could be incurred, and has therefore not recorded a charge in connection with the actions by the Commission. If the Commission finds that the Company or any of its subsidiaries violated competition law, fines levied by the Commission could be material to the Company's operating results and cash flows for the periods in which they are resolved or become reasonably estimable. In March 2017, U.S. Customs and Border Protection (“CBP”) at the Port of Milwaukee issued a penalty notification alleging that certain of the Company’s subsidiaries intentionally misclassified the importation of certain goods into the U.S. during the period 2004-2009 and assessed a penalty of $8 . The Company has acknowledged to CBP that the goods were misclassified and has paid all related duties. The Company has asserted that the misclassification was unintentional and disputes the penalty assessment. At the present time, based on the information available, the Company does not believe that a loss for the alleged intentional misclassification is probable. There can be no assurance the Company will be successful in contesting the assessed penalty. 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 (including in connection with tariffs recently imposed in the U.S., which may increase costs) and has periodically adjusted its selling prices to reflect these movements. There can be no assurance 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 September 30, 2018 , the Company was party to certain indemnification agreements covering environmental remediation, lease payments and other potential costs associated with properties sold or businesses divested. 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.

Derivative and Other Financial

Derivative and Other Financial Instruments	9 Months Ended
	Sep. 30, 2018
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 L 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 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 September 30, 2018 mature between one and twenty-five 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 the 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 tables set forth financial information about the impact on other comprehensive income ("OCI"), 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 OCI recognized in OCI Three Months Ended Nine Months Ended Derivatives in cash flow hedges September 30, 2018 September 30, 2017 September 30, 2018 September 30, 2017 Foreign exchange $ (3 ) $ (2 ) $ (5 ) $ 1 Commodities (2 ) 11 (4 ) 26 $ (5 ) $ 9 $ (9 ) $ 27 Amount of gain/ Amount of gain/ (loss) reclassified from (loss) reclassified from AOCI into income AOCI into income Three Months Ended Nine Months Ended Derivatives in cash flow hedges September 30, 2018 September 30, 2017 September 30, 2018 September 30, 2017 Affected line item in the statement of operations Foreign exchange $ (6 ) $ (3 ) $ (7 ) $ (6 ) Net sales Commodities (1 ) — (6 ) — Net sales Foreign exchange 5 2 4 5 Cost of products sold Commodities 9 7 33 22 Cost of products sold 7 6 24 21 Income before taxes (1 ) (1 ) (6 ) (6 ) Provision for income taxes $ 6 $ 5 $ 18 $ 15 Net Income For the three and nine months ended September 30, 2017, the Company recognized a loss of $1 (less than $1 , net of tax) and a loss of $2 ( $1 , net of tax) in earnings related to hedge ineffectiveness caused by volatility in the metal premium component of aluminum prices. There is no ineffectiveness in the current year as the Company has designated its hedges as a hedge of the variability in cash flows for contractually specified components of its aluminum purchases. For the twelve-month period ending September 30, 2019, a net loss of $2 ( $1 , net of tax) is expected to be reclassified to earnings. No amounts were reclassified during the nine months ended September 30, 2018 and 2017 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. 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 arising from 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. For the three and nine months ended September 30, 2018, the Company recorded a loss of $1 from foreign exchange contracts designated as fair value hedges. For the three and nine months ended September 30, 2017, the Company recorded a gain of less than $1 and a loss of less than $1 from foreign exchange contracts designated as fair value hedges. These adjustments were reported within foreign exchange in the Consolidated Statements of Operations. The following table sets forth the impact on earnings from derivatives not designated as hedges. Pre-tax amount of gain/ Pre-tax amount of gain/ (loss) recognized in income (loss) recognized in income on derivative on derivative Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended Derivatives not designated as hedges September 30, 2018 September 30, 2017 September 30, 2018 September 30, 2017 Affected line item in the statement of operations Foreign exchange $ 4 $ — $ 7 $ 1 Net sales Foreign exchange (4 ) 1 (6 ) 2 Cost of products sold Foreign exchange (8 ) 8 (17 ) 26 Foreign exchange Commodities — 2 — — Cost of products sold $ (8 ) $ 11 $ (16 ) $ 29 For the three and nine months ended September 30, 2017, certain commodity hedges did not meet the criteria for hedge accounting and therefore the changes in their fair value were recognized in earnings. Net Investment Hedges The Company designates certain debt and derivative instruments as net investment hedges to manage foreign currency risk relating to net investments in subsidiaries denominated in foreign currencies and reduce the variability in the functional currency equivalent cash flows. During the three and nine months ended September 30, 2018 , the Company recorded a gain of $9 ( $9 , net of tax) and a gain of $22 ( $26 , net of tax) in other comprehensive income for certain debt instruments that are designated as hedges of its net investment in a euro-based subsidiary. For the three and nine months ended September 30, 2017, the Company recorded losses of $38 ( $30 , net of tax) and $134 ( $107 , net of tax) in other comprehensive income for these net investment hedges. As of September 30, 2018 and December 31, 2017, cumulative losses of $84 and $106 ( $62 and $88 , net of tax) were recognized in accumulated other comprehensive income related to these net investment hedges. As of September 30, 2018 the carrying amount of the hedged net investment was approximately €1,127 ( $1,308 at September 30, 2018). In January 2018, the Company entered into a series of cross-currency swaps with an aggregate notional of $875 ( €718 ). The swaps are designated as a hedge of net investment for financial reporting purposes. Under the cross-currency interest rate contracts, the Company will receive semi-annual fixed U.S. dollar payments at a rate of 4.75% of the U.S. notional value and pay 2.50% on the euro notional value. Gains or losses on net investment hedges remain in accumulated other comprehensive income until disposal of the underlying assets. The following tables set forth financial information about the impact on OCI from changes in the fair value of derivative instruments. Amount of gain/(loss) Amount of gain/(loss) recognized in OCI recognized in OCI Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended Derivatives designated as net investment hedges September 30, 2018 September 30, 2017 September 30, 2018 September 30, 2017 Foreign exchange $ (2 ) $ — $ 6 $ — Gains and losses representing components excluded from the assessment of effectiveness on derivatives designated as net investment hedges are recognized in accumulated other comprehensive income. Fair Values of Derivative Financial Instruments and Valuation Hierarchy The following table sets forth the Company's financial assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2018 and December 31, 2017 , respectively. The fair values of these financial instruments were reported under Level 2 of the fair value hierarchy. Balance Sheet classification September 30, December 31, 2017 Balance Sheet classification September 30, December 31, 2017 Derivatives designated as hedging instruments Foreign exchange contracts cash flow Other current assets $ 6 $ 5 Accrued liabilities $ 9 $ 6 Other non-current assets 1 — Other non-current liabilities 1 — Foreign exchange contracts fair value Other current assets 1 1 Accrued liabilities 1 1 Commodities contracts cash flow Other current assets 8 25 Accrued liabilities 7 — Other non-current assets 2 4 Other non-current liabilities 1 — Net investment hedge Other non-current assets 8 — Other non-current liabilities — — $ 26 $ 35 $ 19 $ 7 Derivatives not designated as hedging instruments Foreign exchange contracts cash flow Other current assets — $ 1 Accrued liabilities $ — $ 1 Other non-current assets $ 1 — Other non-current liabilities — — Foreign exchange contracts fair value Other current assets 2 5 Accrued liabilities 4 — Commodities contracts cash flow Other current assets — 22 Accrued liabilities — 15 $ 3 $ 28 $ 4 $ 16 Total derivatives $ 29 $ 63 $ 23 $ 23 Fair Value Hedge Carrying Amounts Carrying amount of the hedged Line item in the statement of assets/(liabilities) financial position in which the September 30, December 31, hedge item is included Cash and cash equivalents $ 9 $ 1 Receivables, net 11 15 Accrued liabilities (9 ) (12 ) As of September 30, 2018 and December 31, 2017 , the cumulative amounts of fair value hedging adjustments included in the carrying amount of the hedge assets and liabilities were less than $1 . 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 September 30, 2018 Derivative assets $29 $8 $21 Derivative liabilities 23 8 15 Balance at December 31, 2017 Derivative assets 63 17 46 Derivative liabilities 23 17 6 Notional Values of Outstanding Derivative Instruments The aggregate U.S. dollar-equivalent notional values of outstanding derivative instruments in the Consolidated Balance Sheets at September 30, 2018 and December 31, 2017 were: September 30, 2018 December 31, 2017 Derivatives in cash flow hedges: Foreign exchange $ 490 $ 864 Commodities 317 276 Derivatives in fair value hedges: Foreign exchange 68 60 Derivatives not designated as hedges: Foreign exchange 873 575 Commodities — 40

Debt

Debt	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Debt	Debt The Company's outstanding debt was as follows: September 30, 2018 December 31, 2017 Principal Carrying Principal Carrying outstanding amount outstanding amount Short-term debt $ 53 $ 53 $ 62 $ 62 Long-term debt Senior secured borrowings: Revolving credit facilities 84 84 122 122 Term loan facilities U.S. dollar at LIBOR + 1.75% due 2022 821 816 741 735 U.S. dollar at LIBOR + 2.00% due 2027 1,147 1,124 — — Euro at EURIBOR + 1.75% due 2022 1 307 307 324 324 Euro at EURIBOR + 2.375% due 2025 2 868 859 — — Senior notes and debentures: €650 at 4.0% due 2022 755 750 781 774 U. S. dollar at 4.50% due 2023 1,000 992 1,000 992 €335 at 2.250% due 2023 389 384 €600 at 2.625% due 2024 697 691 720 713 €600 at 3.375% due 2025 697 690 720 711 U.S. dollar at 4.25% due 2026 400 394 400 393 U.S. dollar at 4.75% due 2026 875 863 U.S. dollar at 7.375% due 2026 350 347 350 347 €500 at 2.875% due 2026 580 572 U.S. dollar at 7.50% due 2096 40 40 40 40 Other indebtedness in various currencies 74 74 101 101 Capital lease obligations 30 30 29 29 Total long-term debt 9,114 9,017 5,328 5,281 Less current maturities (89 ) (89 ) (64 ) (64 ) Total long-term debt, less current maturities $ 9,025 $ 8,928 $ 5,264 $ 5,217 (1) €265 and €270 at September 30, 2018 and December 31, 2017 (2) €748 at September 30, 2018 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 $9,167 at September 30, 2018 and $5,562 at December 31, 2017 . In January 2018, the Company amended its revolving credit agreements, effective as of April 2018, to provide capacity of $1,650 under the revolving credit facility upon completion of the Signode acquisition, increase total leverage ratios and extend the timetable for compliance with total leverage ratios. In January 2018, the Company issued $875 principal amount of 4.750% senior unsecured notes due 2026. The notes were issued at par by Crown Americas LLC, a subsidiary of the Company, and are unconditionally guaranteed by the Company and certain of its subsidiaries. In January 2018, the Company also issued €500 ( $580 at September 30, 2018) principal amount of 2.875% senior unsecured notes due 2026 and €335 ( $389 at September 30, 2018) principal amount of 2.25% senior unsecured notes due 2023. The notes were issued at par by Crown European Holdings S.A., a subsidiary of the Company, and are unconditionally guaranteed by the Company and certain of its subsidiaries. In April 2018, the Company borrowed $100 Term A loans and $1,150 Term B loans under its U.S. dollar term loan facility and €750 ( $870 at September 30, 2018) additional Term B loans under its European term loan facility. The Term B loans mature on April 3, 2025 and interest rates are based on LIBOR or EURIBOR plus a margin of 1.00% up to 2.375% .

Pension and Other Postretiremen

Pension and Other Postretirement Benefits	9 Months Ended
	Sep. 30, 2018
Retirement Benefits [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 nine months ended September 30, 2018 and 2017 were as follows: Three Months Ended Nine Months Ended September 30 September 30 Pension benefits – U.S. plans 2018 2017 2018 2017 Service cost $ 5 $ 3 $ 14 $ 10 Interest cost 12 13 35 38 Expected return on plan assets (22 ) (21 ) (63 ) (62 ) Recognized net loss 16 13 40 39 Net periodic cost $ 11 $ 8 $ 26 $ 25 Three Months Ended Nine Months Ended September 30 September 30 Pension benefits – Non-U.S. plans 2018 2017 2018 2017 Service cost $ 5 $ 6 $ 19 $ 18 Interest cost 19 19 58 57 Expected return on plan assets (40 ) (38 ) (120 ) (109 ) Curtailment gain — (4 ) — (4 ) Recognized prior service credit (2 ) (3 ) (8 ) (9 ) Recognized net loss 11 11 33 32 Net periodic benefit $ (7 ) $ (9 ) $ (18 ) $ (15 ) Three Months Ended Nine Months Ended September 30 September 30 Other postretirement benefits 2018 2017 2018 2017 Service cost $ — $ 1 $ — $ 1 Interest cost 1 1 3 3 Recognized prior service credit (9 ) (11 ) (28 ) (31 ) Recognized net loss 1 1 3 3 Net periodic benefit $ (7 ) $ (8 ) $ (22 ) $ (24 ) The components of net periodic cost / (benefit) other than the service cost component are included in other pension and postretirement in the Consolidated Statement of Operations. The following table provides information about amounts reclassified from accumulated other comprehensive income. Three Months Ended Nine Months Ended Details about accumulated other September 30 September 30 Affected line item in the comprehensive income components 2018 2017 2018 2017 statement of operations Actuarial losses $ 28 $ 21 $ 76 $ 70 Other pension and postretirement Prior service credit (11 ) (14 ) (36 ) (40 ) Other pension and postretirement 17 7 40 30 Income before taxes (6 ) (4 ) (7 ) (10 ) Provision for income taxes Total reclassified $ 11 $ 3 $ 33 $ 20 Net income

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes During the three and nine months ended September 30, 2018, the Company recorded a charge of $24 related to taxes on the distributions of foreign earnings, which were previously asserted to be indefinitely reinvested. The Company's accounting for the Tax Cuts and Jobs Act (H.R. 1), (the "Tax Act") continues to be provisional. As of December 31, 2017, the Company recorded a gross provisional obligation of $113 for the one-time tax imposed on the unremitted earnings of non-U.S. subsidiaries. During the three and nine months ended September 30, 2018, the Company recorded an additional charge of $4 to adjust provisional amounts related to the transition tax. The Company expects to be able to use foreign tax credit carryforwards to satisfy this obligation. The Company has not completed its assessment of the impact of the Tax Act on state taxable income and any related state tax loss carryforwards but does not expect the Tax Act to have a material impact on related valuation allowances. The Company continues to review the technical interpretations of the Tax Act and other applicable laws, monitor legislative changes, review U.S. state guidance as issued and obtain the information necessary to complete the calculation of the obligation and will complete its analysis during the fourth quarter of 2018.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2018
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 January 1, 2017 $ (1,524 ) $ (1,879 ) $ 3 $ (3,400 ) Other comprehensive income before reclassifications 20 223 27 270 Amounts reclassified from accumulated other comprehensive income 20 (15 ) 5 Other comprehensive income 40 223 12 275 Balance at September 30, 2017 $ (1,484 ) $ (1,656 ) $ 15 $ (3,125 ) Balance at January 1, 2018 $ (1,583 ) $ (1,681 ) $ 23 $ (3,241 ) Cumulative effect of change in accounting principle 3 3 Other comprehensive income before reclassifications (4 ) (71 ) (9 ) (84 ) Amounts reclassified from accumulated other comprehensive income 33 (18 ) 15 Other comprehensive income (loss) 29 (71 ) (24 ) (66 ) Balance at September 30, 2018 $ (1,554 ) $ (1,752 ) $ (1 ) $ (3,307 ) See Note K and Note M for further details of amounts reclassified from accumulated other comprehensive income related to cash flow hedges and defined benefit plans.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2018
Share-based Compensation [Abstract]
Stock-Based Compensation	Stock-Based Compensation A summary of restricted stock transactions during the nine months ended September 30, 2018 is as follows: Number of shares Non-vested stock awards outstanding at January 1, 2018 1,053,842 Awarded: Time-vesting shares 1,515,700 Performance-based shares 150,069 Released: Time-vesting shares (353,555 ) Performance-based shares — Forfeitures: Time-vesting shares (35,625 ) Performance-based shares (159,738 ) Non-vested stock awards outstanding at September 30, 2018 2,170,693 The performance-based share awards are subject to either a market condition or a performance condition. For awards subject to a market condition, the performance metric is the Company's total shareholder return, which includes share price appreciation and dividends paid during the three-year term of the award, measured against a peer group of companies. These 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 are settled in stock. For awards subject to a performance condition, the performance metric is the Company's average return on invested capital over the three-year term. These 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 performance achieved, ranging between 0% and 200% of the shares originally awarded, and are settled in stock. The time-vesting restricted and deferred stock awards vest ratably over three to five years. The weighted average grant-date fair values of awards issued during the nine months ended September 30, 2018 were $44.48 for the time-vesting stock awards and $57.24 for the performance-based stock awards. The fair value of the performance-based shares subject to a market condition awarded in 2018 was calculated using a Monte Carlo valuation model, including a weighted average stock price volatility of 19.9% , an expected term of three years, and a weighted average risk-free interest rate of 2.01% . As of September 30, 2018 , unrecognized compensation cost related to outstanding non-vested stock awards was $81 . The weighted average period over which the expense is expected to be recognized is 3.6 years. The aggregate market value of the shares released on the vesting dates was $16 for the nine months ended September 30, 2018.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2018
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 Nine Months Ended September 30 September 30 2018 2017 2018 2017 Net income attributable to Crown Holdings $ 164 $ 177 $ 386 $ 412 Weighted average shares outstanding: Basic 133.7 134.0 133.6 135.9 Dilutive stock options and restricted stock 0.1 0.4 0.2 0.5 Diluted 133.8 134.4 133.8 136.4 Basic earnings per share $ 1.23 $ 1.32 $ 2.89 $ 3.03 Diluted earnings per share $ 1.23 $ 1.32 $ 2.88 $ 3.02 For the three and nine months ended September 30, 2018 , 0.4 million and 0.9 million contingently issuable common shares were excluded from the computation of diluted earnings per share because the effect would be anti-dilutive. For the three and nine months ended September 30, 2017, there were no contingently issuable common shares excluded from the computation of diluted earnings per share because the effect would be anti-dilutive.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Segment Information	Segment Information The Company evaluates performance and allocates resources based on segment income, which is not a defined term under GAAP. Previously, the Company defined segment income as income from operations adjusted to exclude 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. During the first quarter of 2018, the Company revised its definition of segment income to also exclude intangibles amortization charges. Prior period segment income amounts below have been recast to conform to current year presentation of intangible amortization charges and the new guidance related to the presentation of pension and other postretirement benefit costs discussed in Note B . 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 Nine Months Ended September 30 September 30 2018 2017 2018 2017 Americas Beverage $ 872 $ 763 $ 2,478 $ 2,166 European Beverage 418 428 1,194 1,133 European Food 623 639 1,565 1,477 Asia Pacific 321 300 990 865 Transit Packaging 585 — 1,205 — Total reportable segments 2,819 2,130 7,432 5,641 Non-reportable segments 355 338 985 889 Total $ 3,174 $ 2,468 $ 8,417 $ 6,530 The primary sources of revenue included in non-reportable segments are the Company's aerosol can businesses in North America and Europe, its food can business in North America, its promotional packaging business in Europe and its tooling and equipment operations in the U.S. and U.K. Intersegment Sales Intersegment Sales Three Months Ended Nine Months Ended September 30 September 30 2018 2017 2018 2017 Americas Beverage $ 14 $ 9 $ 48 $ 32 European Beverage — — 1 1 European Food 15 17 58 52 Transit Packaging 2 — 3 — Total reportable segments 31 26 110 85 Non-reportable segments 43 20 115 83 Total $ 74 $ 46 $ 225 $ 168 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 Nine Months Ended September 30 September 30 2018 2017 2018 2017 Americas Beverage $ 125 $ 129 $ 336 $ 342 European Beverage 66 77 180 198 European Food 90 100 231 222 Asia Pacific 46 40 137 124 Transit Packaging 81 — 175 — Total reportable segments $ 408 $ 346 $ 1,059 $ 886 A reconciliation of segment income of reportable segments to income before income taxes is as follows: Three Months Ended Nine Months Ended September 30 September 30 2018 2017 2018 2017 Segment income of reportable segments $ 408 $ 346 $ 1,059 $ 886 Segment income of non-reportable segments 40 39 102 101 Corporate and unallocated items (33 ) (33 ) (112 ) (114 ) Restructuring and other 1 (16 ) (28 ) (30 ) Amortization of intangibles (51 ) (9 ) (103 ) (29 ) Fair value adjustment to inventory — — (40 ) — Other pension and postretirement 13 19 47 43 Loss from early extinguishments of debt — — — (7 ) Impact of hedge ineffectiveness — 1 — (2 ) Interest expense (105 ) (64 ) (282 ) (187 ) Interest income 6 4 17 10 Foreign exchange 14 — (14 ) (4 ) Income before income taxes $ 293 $ 287 $ 646 $ 667 For the three and nine months ended September 30, 2018, intercompany profits of $3 and $7 were eliminated within segment income of non-reportable segments. For the three and nine months ended September 30, 2017, intercompany profits of $1 and $5 were eliminated within segment income of non-reportable segments. Corporate and unallocated items includes corporate and division administrative costs, technology 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	9 Months Ended
	Sep. 30, 2018
Condensed Financial Information 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 $40 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 and the guarantees are made on a joint and several basis. As discussed in Note C , the Company completed its acquisition of Signode on April 3, 2018. Signode is not a guarantor of the debt described above and is included in the Non-Guarantors column of the following financial statements. The following condensed combining financial statements: • statements of comprehensive income for the three and nine months ended September 30, 2018 and 2017 , • balance sheets as of September 30, 2018 and December 31, 2017 , and • statements of cash flows for the nine months ended September 30, 2018 and 2017 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 September 30, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 3,174 $ 3,174 Cost of products sold, excluding depreciation and amortization 2,530 2,530 Depreciation and amortization 127 127 Selling and administrative expense $ 2 151 153 Restructuring and other (1 ) (1 ) Income from operations — (2 ) 367 365 Other pension and postretirement (13 ) (13 ) Net interest expense 18 81 99 Foreign exchange (14 ) (14 ) Income/(loss) before income taxes — (20 ) 313 293 Provision for / (benefit from) income taxes (1 ) 103 102 Equity earnings / (loss) in affiliates $ 164 147 2 $ (311 ) 2 Net income 164 128 212 (311 ) 193 Net income attributable to noncontrolling interests (29 ) (29 ) Net income attributable to Crown Holdings $ 164 $ 128 $ 183 $ (311 ) $ 164 Total comprehensive income $ 151 $ 62 $ 198 $ (232 ) $ 179 Comprehensive income attributable to noncontrolling interests (28 ) (28 ) Comprehensive income attributable to Crown Holdings $ 151 $ 62 $ 170 $ (232 ) $ 151 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended September 30, 2017 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 2,468 $ 2,468 Cost of products sold, excluding depreciation and amortization 1,972 1,972 Depreciation and amortization 63 63 Selling and administrative expense $ 1 88 89 Restructuring and other 16 16 Income from operations (1 ) 329 328 Other pension and postretirement (19 ) (19 ) Net interest expense 23 37 60 Income/(loss) before income taxes (24 ) 311 287 Provision for / (benefit from) income taxes (15 ) 94 79 Equity earnings / (loss) in affiliates $ 177 155 $ (332 ) — Net income 177 146 217 (332 ) 208 Net income attributable to noncontrolling interests (31 ) (31 ) Net income attributable to Crown Holdings $ 177 $ 146 $ 186 $ (332 ) $ 177 Total comprehensive income $ 220 $ 184 $ 261 $ (413 ) $ 252 Comprehensive income attributable to noncontrolling interests (32 ) (32 ) Comprehensive income attributable to Crown Holdings $ 220 $ 184 $ 229 $ (413 ) $ 220 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the nine months ended September 30, 2018 (in millions) Parent Issuer Non- Eliminations Total Net sales $ 8,417 $ 8,417 Cost of products sold, excluding depreciation and amortization 6,804 6,804 Depreciation and amortization 305 305 Selling and administrative expense $ 7 395 402 Restructuring and other $ 9 19 28 Income from operations (9 ) (7 ) 894 878 Other pension of postretirement (47 ) (47 ) Net interest expense 56 209 265 Foreign exchange 14 14 Income/(loss) before income taxes (9 ) (63 ) 718 646 Provision for / (benefit from) income taxes (2 ) (10 ) 208 196 Equity earnings / (loss) in affiliates 393 373 3 $ (766 ) 3 Net income 386 320 513 (766 ) 453 Net income attributable to noncontrolling interests (67 ) (67 ) Net income attributable to Crown Holdings $ 386 $ 320 $ 446 $ (766 ) $ 386 Total comprehensive income $ 317 $ 224 $ 441 $ (601 ) $ 381 Comprehensive income attributable to noncontrolling interests (64 ) (64 ) Comprehensive income attributable to Crown Holdings $ 317 $ 224 $ 377 $ (601 ) $ 317 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the nine months ended September 30, 2017 (in millions) Parent Issuer Non- Eliminations Total Net sales $ 6,530 $ 6,530 Cost of products sold, excluding depreciation and amortization 5,235 5,235 Depreciation and amortization 183 183 Selling and administrative expense $ 5 265 270 Restructuring and other (1 ) 31 30 Income from operations (4 ) 816 812 Other pension and postretirement (43 ) (43 ) Loss from early extinguishment of debt 7 7 Net interest expense 69 108 177 Foreign exchange 4 4 Income/(loss) before income taxes (73 ) 740 667 Provision for / (benefit from) income taxes (33 ) 211 178 Equity earnings / (loss) in affiliates $ 412 384 $ (796 ) — Net income 412 344 529 (796 ) 489 Net income attributable to noncontrolling interests (77 ) (77 ) Net income attributable to Crown Holdings $ 412 $ 344 $ 452 $ (796 ) $ 412 Total comprehensive Income $ 687 $ 429 $ 807 $ (1,156 ) $ 767 Comprehensive income attributable to noncontrolling interests (80 ) (80 ) Comprehensive income attributable to Crown Holdings $ 687 $ 429 $ 727 $ (1,156 ) $ 687 CONDENSED COMBINING BALANCE SHEET As of September 30, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 298 $ 298 Receivables, net $ 9 1,959 1,968 Inventories 1,639 1,639 Prepaid expenses and other current assets $ 1 1 191 193 Total current assets 1 10 4,087 4,098 Intercompany debt receivables 3,573 $ (3,573 ) — Investments 3,471 3,729 (7,200 ) — Goodwill 4,495 4,495 Intangible assets, net 2,258 2,258 Property, plant and equipment, net 3,722 3,722 Other non-current assets 178 584 762 Total $ 3,472 $ 3,917 $ 18,719 $ (10,773 ) $ 15,335 Liabilities and equity Current liabilities Short-term debt $ 53 $ 53 Current maturities of long-term debt 89 89 Accounts payable 2,507 2,507 Accrued liabilities $ 16 $ 39 897 952 Total current liabilities 16 39 3,546 3,601 Long-term debt, excluding current maturities 387 8,541 8,928 Long-term intercompany debt 2,515 1,058 $ (3,573 ) — Postretirement and pension liabilities 616 616 Other non-current liabilities 331 549 880 Commitments and contingent liabilities Noncontrolling interests 369 369 Crown Holdings shareholders’ equity/(deficit) 941 2,102 5,098 (7,200 ) 941 Total equity/(deficit) 941 2,102 5,467 (7,200 ) 1,310 Total $ 3,472 $ 3,917 $ 18,719 $ (10,773 ) $ 15,335 CONDENSED COMBINING BALANCE SHEET As of December 31, 2017 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 424 $ 424 Receivables, net $ 9 1,032 1,041 Inventories 1,385 1,385 Prepaid expenses and other current assets 224 224 Total current assets — 9 3,065 3,074 Intercompany debt receivables 3,604 $ (3,604 ) — Investments $ 3,120 $ 3,448 (6,568 ) — Goodwill 3,046 3,046 Intangible assets, net 472 472 Property, plant and equipment, net 3,239 3,239 Other non-current assets 283 549 832 Total $ 3,120 $ 3,740 $ 13,975 $ (10,172 ) $ 10,663 Liabilities and equity Current liabilities Short-term debt $ 62 $ 62 Current maturities of long-term debt 64 64 Accounts payable 2,367 2,367 Accrued liabilities $ 22 $ 41 694 757 Total current liabilities 22 41 3,187 3,250 Long-term debt, excluding current maturities 387 4,830 5,217 Long-term intercompany debt 2,497 1,107 $ (3,604 ) — Postretirement and pension liabilities 588 588 Other non-current liabilities 336 349 685 Commitments and contingent liabilities Noncontrolling interests 322 322 Crown Holdings shareholders’ equity/(deficit) 601 1,869 4,699 (6,568 ) 601 Total equity/(deficit) 601 1,869 5,021 (6,568 ) 923 Total $ 3,120 $ 3,740 $ 13,975 $ (10,172 ) $ 10,663 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (15 ) $ (67 ) $ (145 ) $ (5 ) $ (232 ) Cash flows from investing activities Capital expenditures (305 ) (305 ) Beneficial interests in transferred receivables 490 490 Acquisition of business, net of cash acquired (3,912 ) (3,912 ) Proceeds from sale of property, plant and equipment 27 27 Foreign exchange derivatives related to acquisitions (25 ) (25 ) Net investment hedge 10 10 Other (4 ) (4 ) Net cash provided by/(used for) investing activities — (3,719 ) — (3,719 ) Cash flows from financing activities Proceeds from long-term debt 4,082 4,082 Payments of long-term debt (56 ) (56 ) Net change in revolving credit facility and short-term debt (27 ) (27 ) Net change in long-term intercompany balances 18 67 (85 ) — Debt issue costs (70 ) (70 ) Common stock issued 1 1 Common stock repurchased (4 ) (4 ) Dividends paid (5 ) 5 — Dividend paid to noncontrolling interests (18 ) (18 ) Foreign exchange derivatives related to debt (6 ) (6 ) Net cash provided by/(used for) financing activities 15 67 3,815 5 3,902 Effect of exchange rate changes on cash, cash equivalents and restricted cash (32 ) (32 ) Net change in cash, cash equivalents and restricted cash — — (81 ) — (81 ) Cash, cash equivalents and restricted cash at January 1 435 435 Cash, cash equivalents and restricted cash at September 30 $ — $ — $ 354 $ — $ 354 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2017 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (4 ) $ (23 ) $ (207 ) $ (36 ) $ (270 ) Cash flows from investing activities Capital expenditures (282 ) (282 ) Beneficial interests in transferred receivables 758 758 Proceeds from sale of property, plant and equipment 8 8 Intercompany investing activities 235 (235 ) — Other (20 ) (20 ) Net cash provided by/(used for) investing activities 235 464 (235 ) 464 Cash flows from financing activities Proceeds from long-term debt 1,054 1,054 Payments of long-term debt (1,100 ) (1,100 ) Net change in revolving credit facility and short-term debt 22 22 Net change in long-term intercompany balances 100 23 (123 ) — Debt issue costs (15 ) (15 ) Common stock issued 8 8 Common stock repurchased (339 ) (339 ) Dividends paid (271 ) 271 — Dividend paid to noncontrolling interests (68 ) (68 ) Foreign exchange derivatives related to debt 38 38 Net cash provided by/(used for) financing activities (231 ) 23 (463 ) 271 (400 ) Effect of exchange rate changes on cash, cash equivalents and restricted cash 16 16 Net change in cash, cash equivalents and restricted cash — — (190 ) — (190 ) Cash, cash equivalents and restricted cash at January 1 576 576 Cash, cash equivalents and restricted cash at September 30 $ — $ — $ 386 $ — $ 386 Crown Americas, LLC, Crown Americas Capital Corp. IV, Crown Americas Capital Corp. V and Crown Americas Capital Corp. VI (collectively, the Issuer), 100% owned subsidiaries of the Company, have outstanding $1,000 principal amount of 4.5% senior notes due 2023, $400 principal amount of 4.25% senior notes due 2026, and $875 principal amount of 4.75% senior notes due 2026, which are fully and unconditionally guaranteed by Crown Holdings, Inc. (Parent) and substantially all of its subsidiaries in the United States. The guarantors are 100% owned by the Company and the guarantees are made on a joint and several basis. As discussed in Note C , the Company completed its acquisition of Signode on April 3, 2018. Signode's operating subsidiaries in the United States are guarantors of the debt described above and are included in the Guarantors column of the following financial statements. The following condensed combining financial statements: • statements of comprehensive income for the three and nine months ended September 30, 2018 and 2017 , • balance sheets as of September 30, 2018 and December 31, 2017 , and • statements of cash flows for the nine months ended September 30, 2018 and 2017 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 September 30, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 973 $ 2,335 (134 ) $ 3,174 Cost of products sold, excluding depreciation and amortization 826 1,838 (134 ) 2,530 Depreciation and amortization 38 89 127 Selling and administrative expense $ 3 60 90 153 Restructuring and other 10 (11 ) (1 ) Income from operations — (3 ) 39 329 365 Other pension and postretirement (6 ) (7 ) (13 ) Net interest expense 24 33 42 99 Technology royalty (14 ) 14 — Foreign exchange 3 1 (15 ) $ (3 ) (14 ) Income/(loss) before income taxes — (30 ) 25 295 3 293 Provision for / (benefit from) income taxes (7 ) 13 96 102 Equity earnings / (loss) in affiliates 164 52 109 1 (324 ) 2 Net income 164 29 121 200 (321 ) 193 Net income attributable to noncontrolling interests (29 ) (29 ) Net income attributable to Crown Holdings $ 164 $ 29 $ 121 $ 171 $ (321 ) $ 164 Total comprehensive income $ 151 $ 22 $ 55 $ 196 $ (245 ) $ 179 Comprehensive income attributable to noncontrolling interests (28 ) (28 ) Comprehensive income attributable to Crown Holdings $ 151 $ 22 $ 55 $ 168 $ (245 ) $ 151 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended September 30, 2017 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 614 $ 1,962 (108 ) $ 2,468 Cost of products sold, excluding depreciation and amortization 522 1,558 (108 ) 1,972 Depreciation and amortization 10 53 63 Selling and administrative expense $ 3 31 55 89 Restructuring and other 16 16 Income from operations (3 ) 51 280 328 Other pension and postretirement (13 ) (6 ) (19 ) Loss from early extinguishment of debt — Net interest expense 16 25 19 60 Technology royalty (15 ) 15 — Foreign exchange 23 $ (23 ) — Income/(loss) before income taxes (42 ) 54 252 23 287 Provision for / (benefit from) income taxes (16 ) 18 69 8 79 Equity earnings / (loss) in affiliates $ 177 67 110 (354 ) — Net income 177 41 146 183 (339 ) 208 Net income attributable to noncontrolling interests (31 ) (31 ) Net income attributable to Crown Holdings $ 177 $ 41 $ 146 $ 152 $ (339 ) $ 177 Total comprehensive income $ 220 $ 37 $ 184 $ 245 $ (434 ) $ 252 Comprehensive income attributable to noncontrolling interests (32 ) (32 ) Comprehensive income attributable to Crown Holdings $ 220 $ 37 $ 184 $ 213 $ (434 ) $ 220 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the nine months ended September 30, 2018 (in millions) Parent Issuer Guarantors Non- Eliminations Total Net sales $ 2,550 $ 6,251 (384 ) 8,417 Cost of products sold, excluding depreciation and amortization 2,180 5,008 (384 ) 6,804 Depreciation and amortization 81 224 305 Selling and administrative expense $ 8 156 238 402 Restructuring and other $ 9 3 15 1 28 Income from operations (9 ) (11 ) 118 780 878 Other pension and postretirement (17 ) (30 ) (47 ) Net interest expense 69 87 109 265 Technology royalty (37 ) 37 — Foreign exchange 10 15 $ (11 ) 14 Income/(loss) before income taxes (9 ) (90 ) 85 649 11 646 Provision for / (benefit from) income taxes (2 ) (21 ) 30 187 2 196 Equity earnings / (loss) in affiliates 393 154 258 1 (803 ) 3 Net income 386 85 313 463 (794 ) 453 Net income attributable to noncontrolling interests (67 ) (67 ) Net income attributable to Crown Holdings 386 85 313 396 (794 ) 386 Total comprehensive Income $ 317 $ 84 $ 217 $ 401 $ (638 ) $ 381 Comprehensive income attributable to noncontrolling interests (64 ) (64 ) Comprehensive income attributable to Crown Holdings $ 317 $ 84 $ 217 $ 337 $ (638 ) $ 317 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the nine months ended September 30, 2017 (in millions) Parent Issuer Guarantors Non- Eliminations Total Net sales $ 1,745 $ 5,090 (305 ) $ 6,530 Cost of products sold, excluding depreciation and amortization 1,497 4,043 (305 ) 5,235 Depreciation and amortization 30 153 183 Selling and administrative expense $ 8 99 163 270 Restructuring and other 2 28 30 Income from operations (8 ) 117 703 812 Other pension and postretirement (33 ) (10 ) (43 ) Loss from early extinguishment of debt 6 1 7 Net interest expense 49 69 59 177 Technology royalty (33 ) 33 — Foreign exchange 78 (1 ) 5 $ (78 ) 4 Income/(loss) before income taxes (141 ) 115 615 78 667 Provision for / (benefit from) income taxes (54 ) 38 167 27 178 Equity earnings / (loss) in affiliates $ 412 167 267 (846 ) — Net income 412 80 344 448 (795 ) 489 Net income attributable to noncontrolling interests (77 ) (77 ) Net income attributable to Crown Holdings $ 412 $ 80 $ 344 $ 371 $ (795 ) $ 412 Total comprehensive income $ 687 $ 83 $ 429 $ 787 $ (1,219 ) $ 767 Comprehensive income attributable to noncontrolling interests (80 ) (80 ) Comprehensive income attributable to Crown Holdings $ 687 $ 83 $ 429 $ 707 $ (1,219 ) $ 687 CONDENSED COMBINING BALANCE SHEET As of September 30, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 24 $ 4 $ 270 $ 298 Receivables, net 4 206 1,758 1,968 Intercompany receivables 47 23 $ (70 ) — Inventories 446 1,193 1,639 Prepaid expenses and other current assets $ 1 1 16 175 193 Total current assets 1 29 719 3,419 (70 ) 4,098 Intercompany debt receivables 2,703 3,812 153 (6,668 ) — Investments 3,471 2,726 1,177 (7,374 ) — Goodwill 1,182 3,313 4,495 Intangible assets, net 917 1,341 2,258 Property, plant and equipment, net 1 695 3,026 3,722 Other non-current assets 23 209 530 762 Total $ 3,472 $ 5,482 $ 8,711 $ 11,782 $ (14,112 ) $ 15,335 Liabilities and equity Current liabilities Short-term debt $ 53 $ 53 Current maturities of long-term debt $ 32 $ 14 43 89 Accounts payable 681 1,826 2,507 Accrued liabilities $ 16 30 162 744 952 Intercompany payables 23 47 $ (70 ) — Total current liabilities 16 62 880 2,713 (70 ) 3,601 Long-term debt, excluding current maturities 3,048 1,534 4,346 8,928 Long-term intercompany debt 2,515 795 2,856 502 (6,668 ) — Postretirement and pension liabilities 350 266 616 Other non-current liabilities 339 541 880 Commitments and contingent liabilities Noncontrolling interests 369 369 Crown Holdings shareholders’ equity/(deficit) 941 1,577 2,752 3,045 (7,374 ) 941 Total equity/(deficit) 941 1,577 2,752 3,414 (7,374 ) 1,310 Total $ 3,472 $ 5,482 $ 8,711 $ 11,782 $ (14,112 ) $ 15,335 CONDENSED COMBINING BALANCE SHEET As of December 31, 2017 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 36 $ 3 $ 385 $ 424 Receivables, net 29 1,012 1,041 Intercompany receivables 32 13 $ (45 ) — Inventories 347 1,038 1,385 Prepaid expenses and other current assets 2 17 205 224 Total current assets — 38 428 2,653 (45 ) 3,074 Intercompany debt receivables 2,523 3,325 732 (6,580 ) — Investments $ 3,120 2,479 1,032 (6,631 ) — Goodwill 453 2,593 3,046 Intangible assets, net 13 459 472 Property, plant and equipment, net 1 515 2,723 3,239 Other non-current assets 11 311 510 832 Total $ 3,120 $ 5,052 $ 6,077 $ 9,670 $ (13,256 ) $ 10,663 Liabilities and equity Current liabilities Short-term debt $ 62 $ 62 Current maturities of long-term debt $ 23 $ 3 38 64 Accounts payable 547 1,820 2,367 Accrued liabilities $ 22 31 72 632 757 Intercompany payables 13 32 $ (45 ) — Total current liabilities 22 54 635 2,584 (45 ) 3,250 Long-term debt, excluding current maturities 2,094 408 2,715 5,217 Long-term intercompany debt 2,497 1,411 2,454 218 (6,580 ) — Postretirement and pension liabilities 373 215 588 Other non-current liabilities 338 347 685 Commitments and contingent liabilities Noncontrolling interests 322 322 Crown Holdings shareholders’ equity/(deficit) 601 1,493 1,869 3,269 (6,631 ) 601 Total equity/(deficit) 601 1,493 1,869 3,591 (6,631 ) 923 Total $ 3,120 $ 5,052 $ 6,077 $ 9,670 $ (13,256 ) $ 10,663 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (15 ) $ (81 ) $ 91 $ (216 ) $ (11 ) $ (232 ) Cash flows from investing activities Capital expenditures (39 ) (266 ) (305 ) Beneficial interests in transferred receivables 490 490 Acquisition of business, net of cash acquired (3,912 ) (3,912 ) Proceeds from sale of property, plant and equipment 9 18 27 Intercompany investing activities (100 ) 100 — Foreign exchange derivatives related to acquisition (25 ) (25 ) Net investment hedge 10 10 Other (4 ) (4 ) Net cash provided by/(used for) investing activities — (90 ) (30 ) (3,699 ) 100 (3,719 ) Cash flows from financing activities Proceeds from long-term debt 975 1,150 1,957 4,082 Payments of long-term debt (20 ) (5 ) (31 ) (56 ) Net change in revolving credit facility and short-term debt 40 (67 ) (27 ) Net change in long-term intercompany balances 18 (796 ) (1,205 ) 1,983 — Debt issue costs (40 ) (30 ) (70 ) Common stock issued 1 1 Common stock repurchased (4 ) (4 ) Capital contribution 100 (100 ) — Dividends paid (11 ) 11 — Dividends paid to noncontrolling interests (18 ) (18 ) Foreign exchange derivatives related to debt (6 ) (6 ) Net cash provided by/(used for) financing activities 15 159 (60 ) 3,877 (89 ) 3,902 Effect of exchange rate changes on cash, cash equivalents and restricted cash (32 ) (32 ) Net change in cash, cash equivalents and restricted cash — (12 ) 1 (70 ) — (81 ) Cash, cash equivalents and restricted cash at January 1 36 3 396 435 Cash, cash equivalents and restricted cash at September 30 $ — $ 24 $ 4 $ 326 $ — $ 354 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2017 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (4 ) $ (46 ) $ 90 $ (233 ) $ (77 ) $ (270 ) Cash flows from investing activities Capital expenditures (91 ) (191 ) (282 ) Beneficial interests in transferred receivables 758 758 Proceeds from sale of property, plant and equipment 1 7 8 Intercompany investing activities 235 (235 ) — Other (20 ) — (20 ) Net cash provided by/(used for) investing activities 235 — (110 ) 574 (235 ) 464 Cash flows from financing activities Proceeds from long-term debt 750 9 295 1,054 Payments of long-term debt (1,010 ) (2 ) (88 ) (1,100 ) Net change in revolving credit facility and short-term debt 25 (3 ) 22 Net change in long-term intercompany balances 100 259 13 (372 ) — Debt issue costs (14 ) (1 ) (15 ) Common stock issued 8 8 Common stock repurchased (339 ) (339 ) Dividends paid (312 ) 312 — Dividends paid to noncontrolling interests (68 ) (68 ) Foreign exchange derivatives related to debt 38 38 Net cash provided by/(used for) financing activities (231 ) 10 20 (511 ) 312 (400 ) Effect of exchange rate changes on cash, cash equivalents and restricted cash 16 16 Net change in cash, cash equivalents and restricted cash — (36 ) — (154 ) — (190 ) Cash, cash equivalents and restricted cash at January 1 83 493 576 Cash, cash equivalents and restricted cash at September 30 $ — $ 47 $ — $ 339 $ — $ 386

Accounting and Reporting Deve_2

Accounting and Reporting Developments (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards Statement of Cash Flows In August 2016, the FASB issued new guidance related to the classification of certain cash receipts and payments on the statement of cash flows. Under the new guidance, premiums paid for debt extinguishments are classified as cash outflows from financing activities. In addition, beneficial interests obtained in a securitization of financial assets are disclosed as a noncash activity and cash receipts from the beneficial interests are classified as cash inflows from investing activities. Under previous guidance, the Company classified cash receipts from beneficial interests in securitized receivables and premiums paid for debt extinguishments as cash flows from operating activities. The Company adopted this guidance on January 1, 2018 and recast prior period amounts to conform to the current year presentation. For the period ended September 30, 2017, the Company reclassified $758 from net cash used for operating activities to net cash provided by investing activities. Additionally, for the nine months ended September 30, 2018 and 2017, beneficial interests obtained in securitized receivables were $456 and $817 . In November 2016, new accounting guidance was issued that requires the statement of cash flows to explain the change in the total of cash, cash equivalents and restricted cash. In addition, restricted cash is included in a cash reconciliation of beginning-of-period and end-of-period total amounts shown on the statements of cash flows. The Company adopted this guidance on January 1, 2018 and recast prior period amounts to conform to the current year presentation. Cash, cash equivalents and restricted cash included in the Company's Consolidated Balance Sheets were as follows: September 30, 2018 December 31, 2017 Cash and cash equivalents $ 298 $ 424 Restricted cash included in prepaid expenses and other current assets 48 2 Restricted cash included in other non-current assets 8 9 Total cash, cash equivalents and restricted cash $ 354 $ 435 September 30, 2017 December 31, 2016 Cash and cash equivalents $ 374 $ 559 Restricted cash included in prepaid expenses and other current assets 2 8 Restricted cash included in other non-current assets 10 9 Total cash, cash equivalents and restricted cash $ 386 $ 576 Amounts included in restricted cash primarily represent amounts required to be set aside by certain of the Company's receivables securitization agreements. Pension and other postretirement benefit costs In March 2017, the FASB issued new guidance on the presentation of pension and other postretirement benefit costs. Under the new guidance, only the service cost component of pension and other postretirement benefit costs is presented with other employee compensation costs within income from operations or capitalized in assets. The other components are reported separately outside of income from operations and are not eligible for capitalization. The Company adopted this guidance on January 1, 2018 and recast prior period amounts to conform to the current year presentation. The Company reclassified the following net (benefits) charges on the Statement of Operations for the three and nine months ended September 30, 2017 to conform to current year presentation: Three Months Ended Nine Months Ended September 30, 2017 September 30, 2017 Cost of products sold, excluding depreciation and amortization $ (16 ) $ (41 ) Selling and administrative expense 1 2 Restructuring and other (4 ) (4 ) Other pension and postretirement (19 ) (43 ) Revenue recognition In May 2014, the FASB issued new guidance which outlined a single comprehensive model to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance. Under previous guidance, the Company generally recognized revenue upon shipment or delivery. Under the new guidance, revenue is recognized when a customer obtains control of promised goods or services which is either at a point in time or over time. In addition to accelerating the timing of revenue recognition, an unbilled receivable is recognized with an offsetting decrease to inventory. The new guidance will not have a material impact on the Company's annual income from operations but could impact income from operations in certain quarters as the Company may recognize revenue from certain products as it builds inventory in anticipation of seasonal demands. On January 1, 2018, the Company adopted the new revenue standard using the modified retrospective method applied to those contracts which were outstanding as of January 1, 2018. The Company recognized the cumulative effect of initially applying the standard as an adjustment to the opening balance of retained earnings. Results for reporting periods beginning after January 1, 2018 are presented under the new revenue standard, while prior period amounts are not adjusted and continue to be reported in accordance with accounting standards in effect for those periods. The cumulative effect of the changes made to the Company’s Consolidated Balance Sheet as of January 1, 2018 for the adoption of the new revenue standard was as follows: As reported As revised December 31, 2017 Adjustment January 1, 2018 Receivables, net $ 1,041 $ 154 $ 1,195 Inventories 1,385 (144 ) 1,241 Prepaid and other current assets 224 26 250 Total current assets 3,074 36 3,110 Other non-current assets 832 1 833 Total assets 10,663 37 10,700 Accrued liabilities 757 17 774 Total current liabilities 3,250 17 3,267 Other non-current liabilities 685 10 695 Noncontrolling interests 322 1 323 Accumulated earnings 3,004 9 3,013 Crown Holdings shareholders' equity 601 9 610 Total equity 923 10 933 Total liabilities and equity 10,663 37 10,700 The impact of adoption on the Company’s Consolidated Balance Sheet as of September 30, 2018 and Statements of Operations for the three and nine months ended September 30, 2018 was as follows: As reported Balances without adoption of new standard Consolidated Balance Sheet September 30, 2018 Effects of change Receivables, net $ 1,968 $ (226 ) $ 1,742 Inventories 1,639 199 1,838 Prepaid and other current assets 193 (28 ) 165 Total current assets 4,098 (55 ) 4,043 Other non-current assets 762 2 764 Total assets 15,335 (53 ) 15,282 Accrued liabilities 952 (24 ) 928 Total current liabilities 3,601 (24 ) 3,577 Other non-current liabilities 880 (11 ) 869 Noncontrolling interests 369 (2 ) 367 Accumulated earnings 3,396 (16 ) 3,380 Crown Holdings shareholders' equity 941 (16 ) 925 Total equity 1,310 (18 ) 1,292 Total liabilities and equity 15,335 (53 ) 15,282 As reported For the three months ended Effects of change Balances without adoption of new standard Statement of Operations September 30, 2018 Net sales $ 3,174 $ (6 ) $ 3,168 Cost of products sold, excluding depreciation and amortization 2,530 (6 ) 2,524 Income from operations 365 — 365 Foreign exchange (14 ) (1 ) (15 ) Income before income taxes 293 1 294 Provision for income taxes 102 — 102 Net income 193 1 194 Net income attributable to Crown Holdings 164 1 165 Earnings per common share attributable to Crown Holdings: Basic $ 1.23 $ 0.01 $ 1.24 Diluted $ 1.23 $ — $ 1.23 As reported For the nine months ended Effects of change Balances without adoption of new standard Statement of Operations September 30, 2018 Net sales $ 8,417 $ (83 ) $ 8,334 Cost of products sold, excluding depreciation and amortization 6,804 (69 ) 6,735 Income from operations 878 (14 ) 864 Foreign exchange 14 (4 ) 10 Income before taxes 646 (10 ) 636 Provision for income taxes 196 (3 ) 193 Net income 453 (7 ) 446 Net income attributable to Crown Holdings 386 (7 ) 379 Earnings per common share attributable to Crown Holdings: Basic $ 2.89 $ (0.05 ) $ 2.84 Diluted $ 2.88 $ (0.05 ) $ 2.83 Hedge Accounting In August 2017, the FASB issued new guidance on hedge accounting. The new guidance allows contractually-specified price components of a commodity purchase or sale to be eligible for hedge accounting. Additionally, the new standard permits qualitative effectiveness assessments for certain hedges after the initial hedge qualification analysis. The Company adopted this guidance on January 1, 2018 using the modified retrospective approach. Upon adoption, the Company reclassified a net charge of $3 for the cumulative ineffectiveness of these contracts from retained earnings to accumulated other comprehensive income as a cumulative-effect adjustment. Intercompany transfers In October 2016, the FASB issued new guidance related to intercompany transfers of assets other than inventory. Under previous guidance, income tax expense associated with intercompany profits in an intercompany sale or transfer of assets was deferred until the assets left the consolidated group. Similarly, deferred tax assets were not recognized for any increase in tax bases due to the intercompany sale or transfer. The new guidance allows for the recognition of income tax expense and deferred tax benefits on increases in tax bases when an intercompany sale or transfer occurs. Income tax effects of intercompany inventory transactions continue to be deferred until the assets leave the consolidated group. The guidance was effective for the Company on January 1, 2018 and did not have a material impact on the Company's consolidated financial statements. Recently Issued Accounting Standards In February 2016, the FASB issued new guidance on lease accounting. Under the new guidance, lease classification criteria and income statement recognition are similar to current guidance; however, all leases with a term longer than one year will be recorded on the balance sheet through a right-of-use asset and a corresponding lease liability. The Company will adopt the guidance on a modified retrospective basis on January 1, 2019. The guidance is not expected to have a material impact on the Company's consolidated statement of operations or cash flows but is expected to have a material impact on its statement of financial position.

Accounting and Reporting Deve_3

Accounting and Reporting Developments (Tables)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The cumulative effect of the changes made to the Company’s Consolidated Balance Sheet as of January 1, 2018 for the adoption of the new revenue standard was as follows: As reported As revised December 31, 2017 Adjustment January 1, 2018 Receivables, net $ 1,041 $ 154 $ 1,195 Inventories 1,385 (144 ) 1,241 Prepaid and other current assets 224 26 250 Total current assets 3,074 36 3,110 Other non-current assets 832 1 833 Total assets 10,663 37 10,700 Accrued liabilities 757 17 774 Total current liabilities 3,250 17 3,267 Other non-current liabilities 685 10 695 Noncontrolling interests 322 1 323 Accumulated earnings 3,004 9 3,013 Crown Holdings shareholders' equity 601 9 610 Total equity 923 10 933 Total liabilities and equity 10,663 37 10,700 The impact of adoption on the Company’s Consolidated Balance Sheet as of September 30, 2018 and Statements of Operations for the three and nine months ended September 30, 2018 was as follows: As reported Balances without adoption of new standard Consolidated Balance Sheet September 30, 2018 Effects of change Receivables, net $ 1,968 $ (226 ) $ 1,742 Inventories 1,639 199 1,838 Prepaid and other current assets 193 (28 ) 165 Total current assets 4,098 (55 ) 4,043 Other non-current assets 762 2 764 Total assets 15,335 (53 ) 15,282 Accrued liabilities 952 (24 ) 928 Total current liabilities 3,601 (24 ) 3,577 Other non-current liabilities 880 (11 ) 869 Noncontrolling interests 369 (2 ) 367 Accumulated earnings 3,396 (16 ) 3,380 Crown Holdings shareholders' equity 941 (16 ) 925 Total equity 1,310 (18 ) 1,292 Total liabilities and equity 15,335 (53 ) 15,282 As reported For the three months ended Effects of change Balances without adoption of new standard Statement of Operations September 30, 2018 Net sales $ 3,174 $ (6 ) $ 3,168 Cost of products sold, excluding depreciation and amortization 2,530 (6 ) 2,524 Income from operations 365 — 365 Foreign exchange (14 ) (1 ) (15 ) Income before income taxes 293 1 294 Provision for income taxes 102 — 102 Net income 193 1 194 Net income attributable to Crown Holdings 164 1 165 Earnings per common share attributable to Crown Holdings: Basic $ 1.23 $ 0.01 $ 1.24 Diluted $ 1.23 $ — $ 1.23 As reported For the nine months ended Effects of change Balances without adoption of new standard Statement of Operations September 30, 2018 Net sales $ 8,417 $ (83 ) $ 8,334 Cost of products sold, excluding depreciation and amortization 6,804 (69 ) 6,735 Income from operations 878 (14 ) 864 Foreign exchange 14 (4 ) 10 Income before taxes 646 (10 ) 636 Provision for income taxes 196 (3 ) 193 Net income 453 (7 ) 446 Net income attributable to Crown Holdings 386 (7 ) 379 Earnings per common share attributable to Crown Holdings: Basic $ 2.89 $ (0.05 ) $ 2.84 Diluted $ 2.88 $ (0.05 ) $ 2.83 The Company reclassified the following net (benefits) charges on the Statement of Operations for the three and nine months ended September 30, 2017 to conform to current year presentation: Three Months Ended Nine Months Ended September 30, 2017 September 30, 2017 Cost of products sold, excluding depreciation and amortization $ (16 ) $ (41 ) Selling and administrative expense 1 2 Restructuring and other (4 ) (4 ) Other pension and postretirement (19 ) (43 )
Schedule of Cash and Cash Equivalents	Cash, cash equivalents and restricted cash included in the Company's Consolidated Balance Sheets were as follows: September 30, 2018 December 31, 2017 Cash and cash equivalents $ 298 $ 424 Restricted cash included in prepaid expenses and other current assets 48 2 Restricted cash included in other non-current assets 8 9 Total cash, cash equivalents and restricted cash $ 354 $ 435 September 30, 2017 December 31, 2016 Cash and cash equivalents $ 374 $ 559 Restricted cash included in prepaid expenses and other current assets 2 8 Restricted cash included in other non-current assets 10 9 Total cash, cash equivalents and restricted cash $ 386 $ 576
Schedule of Restricted Cash	Cash, cash equivalents and restricted cash included in the Company's Consolidated Balance Sheets were as follows: September 30, 2018 December 31, 2017 Cash and cash equivalents $ 298 $ 424 Restricted cash included in prepaid expenses and other current assets 48 2 Restricted cash included in other non-current assets 8 9 Total cash, cash equivalents and restricted cash $ 354 $ 435 September 30, 2017 December 31, 2016 Cash and cash equivalents $ 374 $ 559 Restricted cash included in prepaid expenses and other current assets 2 8 Restricted cash included in other non-current assets 10 9 Total cash, cash equivalents and restricted cash $ 386 $ 576

Acquisition of Signode (Tables)

Acquisition of Signode (Tables)	9 Months Ended
	Sep. 30, 2018
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The following table summarizes the consideration transferred to acquire Signode and the preliminary valuation of identifiable assets acquired and liabilities assumed at the acquisition date. Fair value of consideration transferred Cash consideration $ 3,912 Recognized amounts of identifiable assets acquired and liabilities assumed Receivables, net 374 Inventories 303 Prepaid expenses and other current assets 45 Intangible assets, net 1,935 Property, plant and equipment, net 453 Other non-current assets 50 Short-term debt (4 ) Accounts payable (222 ) Accrued liabilities (166 ) Long-term debt (3 ) Postretirement and pension liabilities (50 ) Other non-current liabilities (351 ) Total identifiable net assets $ 2,364 Goodwill $ 1,548

Acquisition of Signode Schedule

Acquisition of Signode Schedule of Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]	Preliminary fair value Weighted average estimated useful life (in years) Customer relationships 1,201 12 Trade names 568 26 Technology 166 7 $ 1,935

Acquisition of Signode Pro Form

Acquisition of Signode Pro Forma Information (Tables)	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Business Acquisition, Pro Forma Information [Table Text Block]	Three Months Ended Nine Months Ended September 30 September 30 2017 2018 2017 Pro forma net sales $ 3,033 $ 9,005 $ 8,196 Pro forma net income attributable to Crown Holdings 169 389 344 Earnings per common share attributable to Crown Holdings: Basic $ 1.26 $ 2.91 $ 2.53 Diluted $ 1.26 $ 2.91 $ 2.52

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2018
Revenue from Contract with Customer [Abstract]
Net Contract Assets and Liabilities	Net contract assets were as follows: September 30, 2018 January 1, 2018 Contract assets included in prepaid and other current assets $ 28 $ 26 Contract liabilities included in accrued liabilities (1 ) (1 ) Contract liabilities included in other non-current liabilities (7 ) (7 ) Net contract asset $ 20 $ 18

Receivables (Tables)

Receivables (Tables)	9 Months Ended
	Sep. 30, 2018
Receivables [Abstract]
Schedule of Receivables	September 30, 2018 December 31, 2017 Accounts receivable $ 1,584 $ 894 Less: allowance for doubtful accounts (71 ) (71 ) Net trade receivables 1,513 823 Unbilled receivables 226 — Miscellaneous receivables 229 218 Receivables, net $ 1,968 $ 1,041

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2018
Inventory, Gross [Abstract]
Components of Inventories	September 30, 2018 December 31, 2017 Raw materials and supplies $ 871 $ 737 Work in process 155 139 Finished goods 613 509 $ 1,639 $ 1,385

Intangible Assets, net (Tables)

Intangible Assets, net (Tables)	9 Months Ended
	Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Gross carrying amounts and accumulated amortization of finite-lived intangible assets by major class were as follows: September 30, 2018 December 31, 2017 Gross Accumulated amortization Net Gross Accumulated amortization Net Customer relationships $ 1,628 $ (178 ) $ 1,450 $ 461 $ (108 ) $ 353 Trade names 550 (12 ) $ 538 — — — Technology 161 (12 ) 149 — — — Long term supply contracts 150 (36 ) 114 143 (27 ) 116 $ 2,489 $ (238 ) $ 2,251 $ 604 $ (135 ) $ 469

Restructuring and Other (Tables

Restructuring and Other (Tables)	9 Months Ended
	Sep. 30, 2018
Restructuring Reserve [Abstract]
Restructuring and Other Charges (Benefits)	The Company recorded restructuring and other charges / (benefits) as follows: Three Months Ended Nine Months Ended September 30 September 30 2018 2017 2018 2017 Asset impairments and sales $ (13 ) $ 9 $ (6 ) $ 3 Restructuring 9 4 15 8 Transaction costs — — 22 — Other costs 3 3 (3 ) 19 $ (1 ) $ 16 $ 28 $ 30

Asbestos-Related Liabilities (T

Asbestos-Related Liabilities (Tables)	9 Months Ended
	Sep. 30, 2018
Liability for Asbestos and Environmental Claims [Abstract]
Summary of Claims Activity	During the nine months ended September 30, 2018 , the Company paid $7 to settle outstanding claims and had claims activity as follows: Beginning claims 55,500 New claims 1,000 Settlements or dismissals (1,000 ) Ending claims 55,500
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, 2017 , the Company's outstanding claims were: Claimants alleging first exposure after 1964 16,500 Claimants alleging first exposure before or during 1964 filed in: Texas 13,000 Pennsylvania 1,500 Other states that have enacted asbestos legislation 6,000 Other states 18,500 Total claims outstanding 55,500
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: 2017 2016 2015 Total claims 22 % 22 % 22 % Pre-1964 claims in states without asbestos legislation 41 % 41 % 41 %

Derivative and Other Financia_2

Derivative and Other Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2018
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Schedule of Derivative Instruments Included in Earnings	The following table sets forth the impact on earnings from derivatives not designated as hedges. Pre-tax amount of gain/ Pre-tax amount of gain/ (loss) recognized in income (loss) recognized in income on derivative on derivative Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended Derivatives not designated as hedges September 30, 2018 September 30, 2017 September 30, 2018 September 30, 2017 Affected line item in the statement of operations Foreign exchange $ 4 $ — $ 7 $ 1 Net sales Foreign exchange (4 ) 1 (6 ) 2 Cost of products sold Foreign exchange (8 ) 8 (17 ) 26 Foreign exchange Commodities — 2 — — Cost of products sold $ (8 ) $ 11 $ (16 ) $ 29
Accumulated Other Comprehensive Income (AOCI) and Earnings From Changes In Fair Value Related To Derivative Instruments	The following tables set forth financial information about the impact on OCI from changes in the fair value of derivative instruments. Amount of gain/(loss) Amount of gain/(loss) recognized in OCI recognized in OCI Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended Derivatives designated as net investment hedges September 30, 2018 September 30, 2017 September 30, 2018 September 30, 2017 Foreign exchange $ (2 ) $ — $ 6 $ — The following tables set forth financial information about the impact on other comprehensive income ("OCI"), 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 OCI recognized in OCI Three Months Ended Nine Months Ended Derivatives in cash flow hedges September 30, 2018 September 30, 2017 September 30, 2018 September 30, 2017 Foreign exchange $ (3 ) $ (2 ) $ (5 ) $ 1 Commodities (2 ) 11 (4 ) 26 $ (5 ) $ 9 $ (9 ) $ 27 Amount of gain/ Amount of gain/ (loss) reclassified from (loss) reclassified from AOCI into income AOCI into income Three Months Ended Nine Months Ended Derivatives in cash flow hedges September 30, 2018 September 30, 2017 September 30, 2018 September 30, 2017 Affected line item in the statement of operations Foreign exchange $ (6 ) $ (3 ) $ (7 ) $ (6 ) Net sales Commodities (1 ) — (6 ) — Net sales Foreign exchange 5 2 4 5 Cost of products sold Commodities 9 7 33 22 Cost of products sold 7 6 24 21 Income before taxes (1 ) (1 ) (6 ) (6 ) Provision for income taxes $ 6 $ 5 $ 18 $ 15 Net Income
Fair Value of Outstanding Derivative Instruments in the Consolidated Balance Sheets	The following table sets forth the Company's financial assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2018 and December 31, 2017 , respectively. The fair values of these financial instruments were reported under Level 2 of the fair value hierarchy. Balance Sheet classification September 30, December 31, 2017 Balance Sheet classification September 30, December 31, 2017 Derivatives designated as hedging instruments Foreign exchange contracts cash flow Other current assets $ 6 $ 5 Accrued liabilities $ 9 $ 6 Other non-current assets 1 — Other non-current liabilities 1 — Foreign exchange contracts fair value Other current assets 1 1 Accrued liabilities 1 1 Commodities contracts cash flow Other current assets 8 25 Accrued liabilities 7 — Other non-current assets 2 4 Other non-current liabilities 1 — Net investment hedge Other non-current assets 8 — Other non-current liabilities — — $ 26 $ 35 $ 19 $ 7 Derivatives not designated as hedging instruments Foreign exchange contracts cash flow Other current assets — $ 1 Accrued liabilities $ — $ 1 Other non-current assets $ 1 — Other non-current liabilities — — Foreign exchange contracts fair value Other current assets 2 5 Accrued liabilities 4 — Commodities contracts cash flow Other current assets — 22 Accrued liabilities — 15 $ 3 $ 28 $ 4 $ 16 Total derivatives $ 29 $ 63 $ 23 $ 23 Fair Value Hedge Carrying Amounts Carrying amount of the hedged Line item in the statement of assets/(liabilities) financial position in which the September 30, December 31, hedge item is included Cash and cash equivalents $ 9 $ 1 Receivables, net 11 15 Accrued liabilities (9 ) (12 )
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 September 30, 2018 Derivative assets $29 $8 $21 Derivative liabilities 23 8 15 Balance at December 31, 2017 Derivative assets 63 17 46 Derivative liabilities 23 17 6
Notional Values of Outstanding Derivative Instruments in the Consolidated Balance Sheet	The aggregate U.S. dollar-equivalent notional values of outstanding derivative instruments in the Consolidated Balance Sheets at September 30, 2018 and December 31, 2017 were: September 30, 2018 December 31, 2017 Derivatives in cash flow hedges: Foreign exchange $ 490 $ 864 Commodities 317 276 Derivatives in fair value hedges: Foreign exchange 68 60 Derivatives not designated as hedges: Foreign exchange 873 575 Commodities — 40

(Tables)

(Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Summary of Outstanding Debt	The Company's outstanding debt was as follows: September 30, 2018 December 31, 2017 Principal Carrying Principal Carrying outstanding amount outstanding amount Short-term debt $ 53 $ 53 $ 62 $ 62 Long-term debt Senior secured borrowings: Revolving credit facilities 84 84 122 122 Term loan facilities U.S. dollar at LIBOR + 1.75% due 2022 821 816 741 735 U.S. dollar at LIBOR + 2.00% due 2027 1,147 1,124 — — Euro at EURIBOR + 1.75% due 2022 1 307 307 324 324 Euro at EURIBOR + 2.375% due 2025 2 868 859 — — Senior notes and debentures: €650 at 4.0% due 2022 755 750 781 774 U. S. dollar at 4.50% due 2023 1,000 992 1,000 992 €335 at 2.250% due 2023 389 384 €600 at 2.625% due 2024 697 691 720 713 €600 at 3.375% due 2025 697 690 720 711 U.S. dollar at 4.25% due 2026 400 394 400 393 U.S. dollar at 4.75% due 2026 875 863 U.S. dollar at 7.375% due 2026 350 347 350 347 €500 at 2.875% due 2026 580 572 U.S. dollar at 7.50% due 2096 40 40 40 40 Other indebtedness in various currencies 74 74 101 101 Capital lease obligations 30 30 29 29 Total long-term debt 9,114 9,017 5,328 5,281 Less current maturities (89 ) (89 ) (64 ) (64 ) Total long-term debt, less current maturities $ 9,025 $ 8,928 $ 5,264 $ 5,217 (1) €265 and €270 at September 30, 2018 and December 31, 2017

Pension and Other Postretirem_2

Pension and Other Postretirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2018
Defined Benefit Plan Disclosure [Line Items]
Reclassification out of Accumulated Other Comprehensive Income	The following table provides information about amounts reclassified from accumulated other comprehensive income. Three Months Ended Nine Months Ended Details about accumulated other September 30 September 30 Affected line item in the comprehensive income components 2018 2017 2018 2017 statement of operations Actuarial losses $ 28 $ 21 $ 76 $ 70 Other pension and postretirement Prior service credit (11 ) (14 ) (36 ) (40 ) Other pension and postretirement 17 7 40 30 Income before taxes (6 ) (4 ) (7 ) (10 ) Provision for income taxes Total reclassified $ 11 $ 3 $ 33 $ 20 Net income
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Components of Net Periodic Pension and Other Postretirement Benefits Costs	Three Months Ended Nine Months Ended September 30 September 30 Other postretirement benefits 2018 2017 2018 2017 Service cost $ — $ 1 $ — $ 1 Interest cost 1 1 3 3 Recognized prior service credit (9 ) (11 ) (28 ) (31 ) Recognized net loss 1 1 3 3 Net periodic benefit $ (7 ) $ (8 ) $ (22 ) $ (24 )
Pension Benefits - U.S. Plans | Pension Plan
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 nine months ended September 30, 2018 and 2017 were as follows: Three Months Ended Nine Months Ended September 30 September 30 Pension benefits – U.S. plans 2018 2017 2018 2017 Service cost $ 5 $ 3 $ 14 $ 10 Interest cost 12 13 35 38 Expected return on plan assets (22 ) (21 ) (63 ) (62 ) Recognized net loss 16 13 40 39 Net periodic cost $ 11 $ 8 $ 26 $ 25
Pension Benefits - Non-U.S. Plans | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Components of Net Periodic Pension and Other Postretirement Benefits Costs	Three Months Ended Nine Months Ended September 30 September 30 Pension benefits – Non-U.S. plans 2018 2017 2018 2017 Service cost $ 5 $ 6 $ 19 $ 18 Interest cost 19 19 58 57 Expected return on plan assets (40 ) (38 ) (120 ) (109 ) Curtailment gain — (4 ) — (4 ) Recognized prior service credit (2 ) (3 ) (8 ) (9 ) Recognized net loss 11 11 33 32 Net periodic benefit $ (7 ) $ (9 ) $ (18 ) $ (15 )

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2018
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 January 1, 2017 $ (1,524 ) $ (1,879 ) $ 3 $ (3,400 ) Other comprehensive income before reclassifications 20 223 27 270 Amounts reclassified from accumulated other comprehensive income 20 (15 ) 5 Other comprehensive income 40 223 12 275 Balance at September 30, 2017 $ (1,484 ) $ (1,656 ) $ 15 $ (3,125 ) Balance at January 1, 2018 $ (1,583 ) $ (1,681 ) $ 23 $ (3,241 ) Cumulative effect of change in accounting principle 3 3 Other comprehensive income before reclassifications (4 ) (71 ) (9 ) (84 ) Amounts reclassified from accumulated other comprehensive income 33 (18 ) 15 Other comprehensive income (loss) 29 (71 ) (24 ) (66 ) Balance at September 30, 2018 $ (1,554 ) $ (1,752 ) $ (1 ) $ (3,307 ) See Note K and Note M for further details of amounts reclassified from accumulated other comprehensive income related to cash flow hedges and defined benefit plans.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2018
Share-based Compensation [Abstract]
Summary of Restricted Stock Transactions	A summary of restricted stock transactions during the nine months ended September 30, 2018 is as follows: Number of shares Non-vested stock awards outstanding at January 1, 2018 1,053,842 Awarded: Time-vesting shares 1,515,700 Performance-based shares 150,069 Released: Time-vesting shares (353,555 ) Performance-based shares — Forfeitures: Time-vesting shares (35,625 ) Performance-based shares (159,738 ) Non-vested stock awards outstanding at September 30, 2018 2,170,693

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Computation 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 Nine Months Ended September 30 September 30 2018 2017 2018 2017 Net income attributable to Crown Holdings $ 164 $ 177 $ 386 $ 412 Weighted average shares outstanding: Basic 133.7 134.0 133.6 135.9 Dilutive stock options and restricted stock 0.1 0.4 0.2 0.5 Diluted 133.8 134.4 133.8 136.4 Basic earnings per share $ 1.23 $ 1.32 $ 2.89 $ 3.03 Diluted earnings per share $ 1.23 $ 1.32 $ 2.88 $ 3.02

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2018
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 Nine Months Ended September 30 September 30 2018 2017 2018 2017 Americas Beverage $ 872 $ 763 $ 2,478 $ 2,166 European Beverage 418 428 1,194 1,133 European Food 623 639 1,565 1,477 Asia Pacific 321 300 990 865 Transit Packaging 585 — 1,205 — Total reportable segments 2,819 2,130 7,432 5,641 Non-reportable segments 355 338 985 889 Total $ 3,174 $ 2,468 $ 8,417 $ 6,530 The primary sources of revenue included in non-reportable segments are the Company's aerosol can businesses in North America and Europe, its food can business in North America, its promotional packaging business in Europe and its tooling and equipment operations in the U.S. and U.K. Intersegment Sales Intersegment Sales Three Months Ended Nine Months Ended September 30 September 30 2018 2017 2018 2017 Americas Beverage $ 14 $ 9 $ 48 $ 32 European Beverage — — 1 1 European Food 15 17 58 52 Transit Packaging 2 — 3 — Total reportable segments 31 26 110 85 Non-reportable segments 43 20 115 83 Total $ 74 $ 46 $ 225 $ 168 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 Nine Months Ended September 30 September 30 2018 2017 2018 2017 Americas Beverage $ 125 $ 129 $ 336 $ 342 European Beverage 66 77 180 198 European Food 90 100 231 222 Asia Pacific 46 40 137 124 Transit Packaging 81 — 175 — Total reportable segments $ 408 $ 346 $ 1,059 $ 886
Reconciliation of Segment Income	A reconciliation of segment income of reportable segments to income before income taxes is as follows: Three Months Ended Nine Months Ended September 30 September 30 2018 2017 2018 2017 Segment income of reportable segments $ 408 $ 346 $ 1,059 $ 886 Segment income of non-reportable segments 40 39 102 101 Corporate and unallocated items (33 ) (33 ) (112 ) (114 ) Restructuring and other 1 (16 ) (28 ) (30 ) Amortization of intangibles (51 ) (9 ) (103 ) (29 ) Fair value adjustment to inventory — — (40 ) — Other pension and postretirement 13 19 47 43 Loss from early extinguishments of debt — — — (7 ) Impact of hedge ineffectiveness — 1 — (2 ) Interest expense (105 ) (64 ) (282 ) (187 ) Interest income 6 4 17 10 Foreign exchange 14 — (14 ) (4 ) Income before income taxes $ 293 $ 287 $ 646 $ 667

Condensed Combining Financial_2

Condensed Combining Financial Information (Tables)	9 Months Ended
	Sep. 30, 2018
Crown Cork & Seal Company Inc.
Condensed Combining Statement of Comprehensive Income	CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended September 30, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 3,174 $ 3,174 Cost of products sold, excluding depreciation and amortization 2,530 2,530 Depreciation and amortization 127 127 Selling and administrative expense $ 2 151 153 Restructuring and other (1 ) (1 ) Income from operations — (2 ) 367 365 Other pension and postretirement (13 ) (13 ) Net interest expense 18 81 99 Foreign exchange (14 ) (14 ) Income/(loss) before income taxes — (20 ) 313 293 Provision for / (benefit from) income taxes (1 ) 103 102 Equity earnings / (loss) in affiliates $ 164 147 2 $ (311 ) 2 Net income 164 128 212 (311 ) 193 Net income attributable to noncontrolling interests (29 ) (29 ) Net income attributable to Crown Holdings $ 164 $ 128 $ 183 $ (311 ) $ 164 Total comprehensive income $ 151 $ 62 $ 198 $ (232 ) $ 179 Comprehensive income attributable to noncontrolling interests (28 ) (28 ) Comprehensive income attributable to Crown Holdings $ 151 $ 62 $ 170 $ (232 ) $ 151 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended September 30, 2017 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 2,468 $ 2,468 Cost of products sold, excluding depreciation and amortization 1,972 1,972 Depreciation and amortization 63 63 Selling and administrative expense $ 1 88 89 Restructuring and other 16 16 Income from operations (1 ) 329 328 Other pension and postretirement (19 ) (19 ) Net interest expense 23 37 60 Income/(loss) before income taxes (24 ) 311 287 Provision for / (benefit from) income taxes (15 ) 94 79 Equity earnings / (loss) in affiliates $ 177 155 $ (332 ) — Net income 177 146 217 (332 ) 208 Net income attributable to noncontrolling interests (31 ) (31 ) Net income attributable to Crown Holdings $ 177 $ 146 $ 186 $ (332 ) $ 177 Total comprehensive income $ 220 $ 184 $ 261 $ (413 ) $ 252 Comprehensive income attributable to noncontrolling interests (32 ) (32 ) Comprehensive income attributable to Crown Holdings $ 220 $ 184 $ 229 $ (413 ) $ 220 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the nine months ended September 30, 2018 (in millions) Parent Issuer Non- Eliminations Total Net sales $ 8,417 $ 8,417 Cost of products sold, excluding depreciation and amortization 6,804 6,804 Depreciation and amortization 305 305 Selling and administrative expense $ 7 395 402 Restructuring and other $ 9 19 28 Income from operations (9 ) (7 ) 894 878 Other pension of postretirement (47 ) (47 ) Net interest expense 56 209 265 Foreign exchange 14 14 Income/(loss) before income taxes (9 ) (63 ) 718 646 Provision for / (benefit from) income taxes (2 ) (10 ) 208 196 Equity earnings / (loss) in affiliates 393 373 3 $ (766 ) 3 Net income 386 320 513 (766 ) 453 Net income attributable to noncontrolling interests (67 ) (67 ) Net income attributable to Crown Holdings $ 386 $ 320 $ 446 $ (766 ) $ 386 Total comprehensive income $ 317 $ 224 $ 441 $ (601 ) $ 381 Comprehensive income attributable to noncontrolling interests (64 ) (64 ) Comprehensive income attributable to Crown Holdings $ 317 $ 224 $ 377 $ (601 ) $ 317 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the nine months ended September 30, 2017 (in millions) Parent Issuer Non- Eliminations Total Net sales $ 6,530 $ 6,530 Cost of products sold, excluding depreciation and amortization 5,235 5,235 Depreciation and amortization 183 183 Selling and administrative expense $ 5 265 270 Restructuring and other (1 ) 31 30 Income from operations (4 ) 816 812 Other pension and postretirement (43 ) (43 ) Loss from early extinguishment of debt 7 7 Net interest expense 69 108 177 Foreign exchange 4 4 Income/(loss) before income taxes (73 ) 740 667 Provision for / (benefit from) income taxes (33 ) 211 178 Equity earnings / (loss) in affiliates $ 412 384 $ (796 ) — Net income 412 344 529 (796 ) 489 Net income attributable to noncontrolling interests (77 ) (77 ) Net income attributable to Crown Holdings $ 412 $ 344 $ 452 $ (796 ) $ 412 Total comprehensive Income $ 687 $ 429 $ 807 $ (1,156 ) $ 767 Comprehensive income attributable to noncontrolling interests (80 ) (80 ) Comprehensive income attributable to Crown Holdings $ 687 $ 429 $ 727 $ (1,156 ) $ 687
Condensed Combining Balance Sheet	CONDENSED COMBINING BALANCE SHEET As of September 30, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 298 $ 298 Receivables, net $ 9 1,959 1,968 Inventories 1,639 1,639 Prepaid expenses and other current assets $ 1 1 191 193 Total current assets 1 10 4,087 4,098 Intercompany debt receivables 3,573 $ (3,573 ) — Investments 3,471 3,729 (7,200 ) — Goodwill 4,495 4,495 Intangible assets, net 2,258 2,258 Property, plant and equipment, net 3,722 3,722 Other non-current assets 178 584 762 Total $ 3,472 $ 3,917 $ 18,719 $ (10,773 ) $ 15,335 Liabilities and equity Current liabilities Short-term debt $ 53 $ 53 Current maturities of long-term debt 89 89 Accounts payable 2,507 2,507 Accrued liabilities $ 16 $ 39 897 952 Total current liabilities 16 39 3,546 3,601 Long-term debt, excluding current maturities 387 8,541 8,928 Long-term intercompany debt 2,515 1,058 $ (3,573 ) — Postretirement and pension liabilities 616 616 Other non-current liabilities 331 549 880 Commitments and contingent liabilities Noncontrolling interests 369 369 Crown Holdings shareholders’ equity/(deficit) 941 2,102 5,098 (7,200 ) 941 Total equity/(deficit) 941 2,102 5,467 (7,200 ) 1,310 Total $ 3,472 $ 3,917 $ 18,719 $ (10,773 ) $ 15,335 CONDENSED COMBINING BALANCE SHEET As of December 31, 2017 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 424 $ 424 Receivables, net $ 9 1,032 1,041 Inventories 1,385 1,385 Prepaid expenses and other current assets 224 224 Total current assets — 9 3,065 3,074 Intercompany debt receivables 3,604 $ (3,604 ) — Investments $ 3,120 $ 3,448 (6,568 ) — Goodwill 3,046 3,046 Intangible assets, net 472 472 Property, plant and equipment, net 3,239 3,239 Other non-current assets 283 549 832 Total $ 3,120 $ 3,740 $ 13,975 $ (10,172 ) $ 10,663 Liabilities and equity Current liabilities Short-term debt $ 62 $ 62 Current maturities of long-term debt 64 64 Accounts payable 2,367 2,367 Accrued liabilities $ 22 $ 41 694 757 Total current liabilities 22 41 3,187 3,250 Long-term debt, excluding current maturities 387 4,830 5,217 Long-term intercompany debt 2,497 1,107 $ (3,604 ) — Postretirement and pension liabilities 588 588 Other non-current liabilities 336 349 685 Commitments and contingent liabilities Noncontrolling interests 322 322 Crown Holdings shareholders’ equity/(deficit) 601 1,869 4,699 (6,568 ) 601 Total equity/(deficit) 601 1,869 5,021 (6,568 ) 923 Total $ 3,120 $ 3,740 $ 13,975 $ (10,172 ) $ 10,663
Condensed Combining Statement of Cash Flows	CONDENSED COMBINING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (15 ) $ (67 ) $ (145 ) $ (5 ) $ (232 ) Cash flows from investing activities Capital expenditures (305 ) (305 ) Beneficial interests in transferred receivables 490 490 Acquisition of business, net of cash acquired (3,912 ) (3,912 ) Proceeds from sale of property, plant and equipment 27 27 Foreign exchange derivatives related to acquisitions (25 ) (25 ) Net investment hedge 10 10 Other (4 ) (4 ) Net cash provided by/(used for) investing activities — (3,719 ) — (3,719 ) Cash flows from financing activities Proceeds from long-term debt 4,082 4,082 Payments of long-term debt (56 ) (56 ) Net change in revolving credit facility and short-term debt (27 ) (27 ) Net change in long-term intercompany balances 18 67 (85 ) — Debt issue costs (70 ) (70 ) Common stock issued 1 1 Common stock repurchased (4 ) (4 ) Dividends paid (5 ) 5 — Dividend paid to noncontrolling interests (18 ) (18 ) Foreign exchange derivatives related to debt (6 ) (6 ) Net cash provided by/(used for) financing activities 15 67 3,815 5 3,902 Effect of exchange rate changes on cash, cash equivalents and restricted cash (32 ) (32 ) Net change in cash, cash equivalents and restricted cash — — (81 ) — (81 ) Cash, cash equivalents and restricted cash at January 1 435 435 Cash, cash equivalents and restricted cash at September 30 $ — $ — $ 354 $ — $ 354 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2017 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (4 ) $ (23 ) $ (207 ) $ (36 ) $ (270 ) Cash flows from investing activities Capital expenditures (282 ) (282 ) Beneficial interests in transferred receivables 758 758 Proceeds from sale of property, plant and equipment 8 8 Intercompany investing activities 235 (235 ) — Other (20 ) (20 ) Net cash provided by/(used for) investing activities 235 464 (235 ) 464 Cash flows from financing activities Proceeds from long-term debt 1,054 1,054 Payments of long-term debt (1,100 ) (1,100 ) Net change in revolving credit facility and short-term debt 22 22 Net change in long-term intercompany balances 100 23 (123 ) — Debt issue costs (15 ) (15 ) Common stock issued 8 8 Common stock repurchased (339 ) (339 ) Dividends paid (271 ) 271 — Dividend paid to noncontrolling interests (68 ) (68 ) Foreign exchange derivatives related to debt 38 38 Net cash provided by/(used for) financing activities (231 ) 23 (463 ) 271 (400 ) Effect of exchange rate changes on cash, cash equivalents and restricted cash 16 16 Net change in cash, cash equivalents and restricted cash — — (190 ) — (190 ) Cash, cash equivalents and restricted cash at January 1 576 576 Cash, cash equivalents and restricted cash at September 30 $ — $ — $ 386 $ — $ 386
Crown Americas, LLC
Condensed Combining Statement of Comprehensive Income	CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended September 30, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 973 $ 2,335 (134 ) $ 3,174 Cost of products sold, excluding depreciation and amortization 826 1,838 (134 ) 2,530 Depreciation and amortization 38 89 127 Selling and administrative expense $ 3 60 90 153 Restructuring and other 10 (11 ) (1 ) Income from operations — (3 ) 39 329 365 Other pension and postretirement (6 ) (7 ) (13 ) Net interest expense 24 33 42 99 Technology royalty (14 ) 14 — Foreign exchange 3 1 (15 ) $ (3 ) (14 ) Income/(loss) before income taxes — (30 ) 25 295 3 293 Provision for / (benefit from) income taxes (7 ) 13 96 102 Equity earnings / (loss) in affiliates 164 52 109 1 (324 ) 2 Net income 164 29 121 200 (321 ) 193 Net income attributable to noncontrolling interests (29 ) (29 ) Net income attributable to Crown Holdings $ 164 $ 29 $ 121 $ 171 $ (321 ) $ 164 Total comprehensive income $ 151 $ 22 $ 55 $ 196 $ (245 ) $ 179 Comprehensive income attributable to noncontrolling interests (28 ) (28 ) Comprehensive income attributable to Crown Holdings $ 151 $ 22 $ 55 $ 168 $ (245 ) $ 151 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended September 30, 2017 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 614 $ 1,962 (108 ) $ 2,468 Cost of products sold, excluding depreciation and amortization 522 1,558 (108 ) 1,972 Depreciation and amortization 10 53 63 Selling and administrative expense $ 3 31 55 89 Restructuring and other 16 16 Income from operations (3 ) 51 280 328 Other pension and postretirement (13 ) (6 ) (19 ) Loss from early extinguishment of debt — Net interest expense 16 25 19 60 Technology royalty (15 ) 15 — Foreign exchange 23 $ (23 ) — Income/(loss) before income taxes (42 ) 54 252 23 287 Provision for / (benefit from) income taxes (16 ) 18 69 8 79 Equity earnings / (loss) in affiliates $ 177 67 110 (354 ) — Net income 177 41 146 183 (339 ) 208 Net income attributable to noncontrolling interests (31 ) (31 ) Net income attributable to Crown Holdings $ 177 $ 41 $ 146 $ 152 $ (339 ) $ 177 Total comprehensive income $ 220 $ 37 $ 184 $ 245 $ (434 ) $ 252 Comprehensive income attributable to noncontrolling interests (32 ) (32 ) Comprehensive income attributable to Crown Holdings $ 220 $ 37 $ 184 $ 213 $ (434 ) $ 220 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the nine months ended September 30, 2018 (in millions) Parent Issuer Guarantors Non- Eliminations Total Net sales $ 2,550 $ 6,251 (384 ) 8,417 Cost of products sold, excluding depreciation and amortization 2,180 5,008 (384 ) 6,804 Depreciation and amortization 81 224 305 Selling and administrative expense $ 8 156 238 402 Restructuring and other $ 9 3 15 1 28 Income from operations (9 ) (11 ) 118 780 878 Other pension and postretirement (17 ) (30 ) (47 ) Net interest expense 69 87 109 265 Technology royalty (37 ) 37 — Foreign exchange 10 15 $ (11 ) 14 Income/(loss) before income taxes (9 ) (90 ) 85 649 11 646 Provision for / (benefit from) income taxes (2 ) (21 ) 30 187 2 196 Equity earnings / (loss) in affiliates 393 154 258 1 (803 ) 3 Net income 386 85 313 463 (794 ) 453 Net income attributable to noncontrolling interests (67 ) (67 ) Net income attributable to Crown Holdings 386 85 313 396 (794 ) 386 Total comprehensive Income $ 317 $ 84 $ 217 $ 401 $ (638 ) $ 381 Comprehensive income attributable to noncontrolling interests (64 ) (64 ) Comprehensive income attributable to Crown Holdings $ 317 $ 84 $ 217 $ 337 $ (638 ) $ 317 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the nine months ended September 30, 2017 (in millions) Parent Issuer Guarantors Non- Eliminations Total Net sales $ 1,745 $ 5,090 (305 ) $ 6,530 Cost of products sold, excluding depreciation and amortization 1,497 4,043 (305 ) 5,235 Depreciation and amortization 30 153 183 Selling and administrative expense $ 8 99 163 270 Restructuring and other 2 28 30 Income from operations (8 ) 117 703 812 Other pension and postretirement (33 ) (10 ) (43 ) Loss from early extinguishment of debt 6 1 7 Net interest expense 49 69 59 177 Technology royalty (33 ) 33 — Foreign exchange 78 (1 ) 5 $ (78 ) 4 Income/(loss) before income taxes (141 ) 115 615 78 667 Provision for / (benefit from) income taxes (54 ) 38 167 27 178 Equity earnings / (loss) in affiliates $ 412 167 267 (846 ) — Net income 412 80 344 448 (795 ) 489 Net income attributable to noncontrolling interests (77 ) (77 ) Net income attributable to Crown Holdings $ 412 $ 80 $ 344 $ 371 $ (795 ) $ 412 Total comprehensive income $ 687 $ 83 $ 429 $ 787 $ (1,219 ) $ 767 Comprehensive income attributable to noncontrolling interests (80 ) (80 ) Comprehensive income attributable to Crown Holdings $ 687 $ 83 $ 429 $ 707 $ (1,219 ) $ 687
Condensed Combining Balance Sheet	CONDENSED COMBINING BALANCE SHEET As of September 30, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 24 $ 4 $ 270 $ 298 Receivables, net 4 206 1,758 1,968 Intercompany receivables 47 23 $ (70 ) — Inventories 446 1,193 1,639 Prepaid expenses and other current assets $ 1 1 16 175 193 Total current assets 1 29 719 3,419 (70 ) 4,098 Intercompany debt receivables 2,703 3,812 153 (6,668 ) — Investments 3,471 2,726 1,177 (7,374 ) — Goodwill 1,182 3,313 4,495 Intangible assets, net 917 1,341 2,258 Property, plant and equipment, net 1 695 3,026 3,722 Other non-current assets 23 209 530 762 Total $ 3,472 $ 5,482 $ 8,711 $ 11,782 $ (14,112 ) $ 15,335 Liabilities and equity Current liabilities Short-term debt $ 53 $ 53 Current maturities of long-term debt $ 32 $ 14 43 89 Accounts payable 681 1,826 2,507 Accrued liabilities $ 16 30 162 744 952 Intercompany payables 23 47 $ (70 ) — Total current liabilities 16 62 880 2,713 (70 ) 3,601 Long-term debt, excluding current maturities 3,048 1,534 4,346 8,928 Long-term intercompany debt 2,515 795 2,856 502 (6,668 ) — Postretirement and pension liabilities 350 266 616 Other non-current liabilities 339 541 880 Commitments and contingent liabilities Noncontrolling interests 369 369 Crown Holdings shareholders’ equity/(deficit) 941 1,577 2,752 3,045 (7,374 ) 941 Total equity/(deficit) 941 1,577 2,752 3,414 (7,374 ) 1,310 Total $ 3,472 $ 5,482 $ 8,711 $ 11,782 $ (14,112 ) $ 15,335 CONDENSED COMBINING BALANCE SHEET As of December 31, 2017 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 36 $ 3 $ 385 $ 424 Receivables, net 29 1,012 1,041 Intercompany receivables 32 13 $ (45 ) — Inventories 347 1,038 1,385 Prepaid expenses and other current assets 2 17 205 224 Total current assets — 38 428 2,653 (45 ) 3,074 Intercompany debt receivables 2,523 3,325 732 (6,580 ) — Investments $ 3,120 2,479 1,032 (6,631 ) — Goodwill 453 2,593 3,046 Intangible assets, net 13 459 472 Property, plant and equipment, net 1 515 2,723 3,239 Other non-current assets 11 311 510 832 Total $ 3,120 $ 5,052 $ 6,077 $ 9,670 $ (13,256 ) $ 10,663 Liabilities and equity Current liabilities Short-term debt $ 62 $ 62 Current maturities of long-term debt $ 23 $ 3 38 64 Accounts payable 547 1,820 2,367 Accrued liabilities $ 22 31 72 632 757 Intercompany payables 13 32 $ (45 ) — Total current liabilities 22 54 635 2,584 (45 ) 3,250 Long-term debt, excluding current maturities 2,094 408 2,715 5,217 Long-term intercompany debt 2,497 1,411 2,454 218 (6,580 ) — Postretirement and pension liabilities 373 215 588 Other non-current liabilities 338 347 685 Commitments and contingent liabilities Noncontrolling interests 322 322 Crown Holdings shareholders’ equity/(deficit) 601 1,493 1,869 3,269 (6,631 ) 601 Total equity/(deficit) 601 1,493 1,869 3,591 (6,631 ) 923 Total $ 3,120 $ 5,052 $ 6,077 $ 9,670 $ (13,256 ) $ 10,663
Condensed Combining Statement of Cash Flows	CONDENSED COMBINING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (15 ) $ (81 ) $ 91 $ (216 ) $ (11 ) $ (232 ) Cash flows from investing activities Capital expenditures (39 ) (266 ) (305 ) Beneficial interests in transferred receivables 490 490 Acquisition of business, net of cash acquired (3,912 ) (3,912 ) Proceeds from sale of property, plant and equipment 9 18 27 Intercompany investing activities (100 ) 100 — Foreign exchange derivatives related to acquisition (25 ) (25 ) Net investment hedge 10 10 Other (4 ) (4 ) Net cash provided by/(used for) investing activities — (90 ) (30 ) (3,699 ) 100 (3,719 ) Cash flows from financing activities Proceeds from long-term debt 975 1,150 1,957 4,082 Payments of long-term debt (20 ) (5 ) (31 ) (56 ) Net change in revolving credit facility and short-term debt 40 (67 ) (27 ) Net change in long-term intercompany balances 18 (796 ) (1,205 ) 1,983 — Debt issue costs (40 ) (30 ) (70 ) Common stock issued 1 1 Common stock repurchased (4 ) (4 ) Capital contribution 100 (100 ) — Dividends paid (11 ) 11 — Dividends paid to noncontrolling interests (18 ) (18 ) Foreign exchange derivatives related to debt (6 ) (6 ) Net cash provided by/(used for) financing activities 15 159 (60 ) 3,877 (89 ) 3,902 Effect of exchange rate changes on cash, cash equivalents and restricted cash (32 ) (32 ) Net change in cash, cash equivalents and restricted cash — (12 ) 1 (70 ) — (81 ) Cash, cash equivalents and restricted cash at January 1 36 3 396 435 Cash, cash equivalents and restricted cash at September 30 $ — $ 24 $ 4 $ 326 $ — $ 354 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the nine months ended September 30, 2017 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (4 ) $ (46 ) $ 90 $ (233 ) $ (77 ) $ (270 ) Cash flows from investing activities Capital expenditures (91 ) (191 ) (282 ) Beneficial interests in transferred receivables 758 758 Proceeds from sale of property, plant and equipment 1 7 8 Intercompany investing activities 235 (235 ) — Other (20 ) — (20 ) Net cash provided by/(used for) investing activities 235 — (110 ) 574 (235 ) 464 Cash flows from financing activities Proceeds from long-term debt 750 9 295 1,054 Payments of long-term debt (1,010 ) (2 ) (88 ) (1,100 ) Net change in revolving credit facility and short-term debt 25 (3 ) 22 Net change in long-term intercompany balances 100 259 13 (372 ) — Debt issue costs (14 ) (1 ) (15 ) Common stock issued 8 8 Common stock repurchased (339 ) (339 ) Dividends paid (312 ) 312 — Dividends paid to noncontrolling interests (68 ) (68 ) Foreign exchange derivatives related to debt 38 38 Net cash provided by/(used for) financing activities (231 ) 10 20 (511 ) 312 (400 ) Effect of exchange rate changes on cash, cash equivalents and restricted cash 16 16 Net change in cash, cash equivalents and restricted cash — (36 ) — (154 ) — (190 ) Cash, cash equivalents and restricted cash at January 1 83 493 576 Cash, cash equivalents and restricted cash at September 30 $ — $ 47 $ — $ 339 $ — $ 386

Accounting and Reporting Deve_4

Accounting and Reporting Developments - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net cash used by operating activities			$ (232)	$ (270)
Net cash provided by investing activities			(3,719)	464
Beneficial interests obtained in securitized receivables	$ 456	$ 817
Cost of products sold, excluding depreciation and amortization	2,530	1,972	6,804	5,235
Reclassification of net benefit to pension and other postretirement	$ 13	19	$ 47	43
Cumulative effect of change in accounting principle						$ 3
Accounting Standards Update 2016-15
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net cash used by operating activities		758
Net cash provided by investing activities		257
Accounting Standards Update 2017-07
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cost of products sold, excluding depreciation and amortization		(16)		(41)
Reclassification of net benefit to pension and other postretirement		$ 19		$ 43
Retained Earnings | Accounting Standards Update 2017-12
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of change in accounting principle					$ (3)
Accumulated Other Comprehensive Income | Accounting Standards Update 2017-12
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of change in accounting principle					$ 3

Accounting and Reporting Deve_5

Accounting and Reporting Developments - Cash and Cash Equivalents (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Accounting Policies [Abstract]
Cash and cash equivalents	$ 298	$ 424	$ 374	$ 559
Restricted cash included in prepaid expenses and other current assets	48	2	2	8
Restricted cash included in other non-current assets	8	9	10	9
Total cash, cash equivalents and restricted cash	$ 354	$ 435	$ 386	$ 576

Accounting and Reporting Deve_6

Accounting and Reporting Developments - Revenue Recognition (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Jan. 01, 2018	Dec. 31, 2017	Dec. 31, 2016
Balance Sheet
Receivables, net	$ 1,968		$ 1,968		$ 1,195	$ 1,041
Inventories	1,639		1,639		1,241	1,385
Prepaid expenses and other current assets	193		193		250	224
Total current assets	4,098		4,098		3,110	3,074
Other non-current assets	762		762		833	832
Total assets	15,335		15,335		10,700	10,663
Accrued liabilities	952		952		774	757
Total current liabilities	3,601		3,601		3,267	3,250
Other non-current liabilities	880		880		695	685
Noncontrolling interests	369		369		323	322
Accumulated earnings					3,013
Crown Holdings shareholders’ equity	941		941		610	601
Total equity	1,310	$ 1,112	1,310	$ 1,112	933	923	$ 668
Total liabilities and equity	15,335		15,335		10,700	10,663
Statement of Operations
Net sales	3,174	2,468	8,417	6,530
Cost of products sold, excluding depreciation and amortization	2,530	1,972	6,804	5,235
Income from operations	365	328	878	812
Foreign exchange	(14)	0	14	4
Income before taxes	293	287	646	667
Provision for income taxes	102	79	196	178
Net income	193	208	453	489
Net income attributable to Crown Holdings	$ 164	$ 177	$ 386	$ 412
Earnings per common share attributable to Crown Holdings:
Basic (in usd per share)	$ 1.23	$ 1.32	$ 2.89	$ 3.03
Diluted (in usd per share)	$ 1.23	$ 1.32	$ 2.88	$ 3.02
Calculated under Revenue Guidance in Effect before Topic 606
Balance Sheet
Receivables, net	$ 1,742		$ 1,742			1,041
Inventories	1,838		1,838			1,385
Prepaid expenses and other current assets	165		165			224
Total current assets	4,043		4,043			3,074
Other non-current assets	764		764			832
Total assets	15,282		15,282			10,663
Accrued liabilities	928		928
Total current liabilities	3,577		3,577			3,250
Other non-current liabilities	869		869			685
Noncontrolling interests	367		367			322
Accumulated earnings	3,380		3,380			3,004
Crown Holdings shareholders’ equity	925		925			601
Total equity	1,292		1,292			923
Total liabilities and equity	15,282		15,282			10,663
Statement of Operations
Net sales	3,168		8,334
Cost of products sold, excluding depreciation and amortization	2,524		6,735
Income from operations	365		864
Foreign exchange	(15)		10
Income before taxes	294		636
Provision for income taxes	102		193
Net income	194		446
Net income attributable to Crown Holdings	$ 165		$ 379
Earnings per common share attributable to Crown Holdings:
Basic (in usd per share)	$ 1.24		$ 2.84
Diluted (in usd per share)	$ 1.23		$ 2.83
Accounting Standards Update 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606
Balance Sheet
Receivables, net	$ (226)		$ (226)		154
Inventories	199		199		(144)
Prepaid expenses and other current assets	(28)		(28)		26
Total current assets	(55)		(55)		36
Other non-current assets	2		2		1
Total assets	(53)		(53)		37
Accrued liabilities	(24)		(24)		17
Total current liabilities	(24)		(24)		17
Other non-current liabilities	(11)		(11)		10
Noncontrolling interests	(2)		(2)		1
Accumulated earnings	(16)		(16)		9
Crown Holdings shareholders’ equity	(16)		(16)		9
Total equity	(18)		(18)		10
Total liabilities and equity	(53)		(53)		$ 37
Statement of Operations
Net sales	(6)		(83)
Cost of products sold, excluding depreciation and amortization	(6)		(69)
Income from operations	0		(14)
Foreign exchange	(1)		(4)
Income before taxes	1		(10)
Provision for income taxes	0		(3)
Net income	1		(7)
Net income attributable to Crown Holdings	$ 1		$ (7)
Earnings per common share attributable to Crown Holdings:
Basic (in usd per share)	$ 0.01		$ (0.05)
Diluted (in usd per share)	$ 0		$ (0.05)
Accumulated Earnings
Balance Sheet
Total equity	$ 3,396	$ 3,093	$ 3,396	$ 3,093		$ 3,004	$ 2,621
Statement of Operations
Net income attributable to Crown Holdings			$ 386	$ 412

Accounting and Reporting Deve_7

Accounting and Reporting Developments - Pension and other postretirement benefit costs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Cost of products sold, excluding depreciation and amortization	$ 2,530	$ 1,972	$ 6,804	$ 5,235
Selling and administrative expense	153	89	402	270
Restructuring and other	(1)	16	28	30
Other pension and postretirement	$ (13)	(19)	$ (47)	(43)
Accounting Standards Update 2017-07
Cost of products sold, excluding depreciation and amortization		(16)		(41)
Selling and administrative expense		1		2
Restructuring and other		(4)		(4)
Other pension and postretirement		$ (19)		$ (43)

Acquisition of Signode (Details

Acquisition of Signode (Details) - USD ($) $ in Millions	Apr. 03, 2018	Sep. 30, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Goodwill		$ 4,495	$ 3,046
Signode Industrial Group Holdings (Bermuda) Ltd. [Member]
Business Acquisition [Line Items]
Cash consideration	$ 3,912
Receivables, net	374
Inventories	303
Prepaid expenses and other current assets	45
Intangible assets, net	1,935
Property, plant and equipment, net	453
Other non-current assets	50
Short-term debt	(4)
Accounts payable	(222)
Accrued liabilities	(166)
Long-term debt	(3)
Postretirement and pension liabilities	(50)
Other non-current liabilities	(351)
Total identifiable net assets	2,364
Goodwill	$ 1,548

Acquisition of Signode Narrativ

Acquisition of Signode Narrative (Details) - USD ($) $ in Millions	Apr. 03, 2018	Jan. 19, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Business Acquisition [Line Items]
Net sales			$ 3,174	$ 2,468	$ 8,417	$ 6,530
Net Income (Loss) Attributable to Parent			164	$ 177	$ 386	$ 412
Foreign exchange
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Information, Description				14	15	38
Signode Industrial Group Holdings (Bermuda) Ltd. [Member]
Business Acquisition [Line Items]
Net sales			585		$ 1,205
Total consideration	$ 3,900
Net Income (Loss) Attributable to Parent			$ 27		$ 30
Forward Contracts [Member]
Business Acquisition [Line Items]
Derivative, Loss on Derivative		$ 25
Fair Value Adjustment to Inventory [Member]
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Information, Description						32

Acquisition of Signode Schedu_2

Acquisition of Signode Schedule of Intangible Assets (Details) $ in Millions	Apr. 03, 2018USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 1,935
Trade names - Definite lived
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 568
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	26 years
Technology
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 166
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	7 years
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 1,201
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	12 years

Acquisition of Signode Pro Fo_2

Acquisition of Signode Pro Forma Information (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Pro forma net income attributable to Crown Holdings		$ 169	$ 389	$ 344
Business Acquisition, Pro Forma Income (Loss) from Continuing Operations, Net of Tax, Per Share, Basic		$ 1.26	$ 2.91	$ 2.53
Business Acquisition, Pro Forma Income (Loss) from Continuing Operations, Net of Tax, Per Share, Diluted		$ 1.26	$ 2.91	$ 2.52
Pro forma net sales		$ 3,033	$ 9,005	$ 8,196

Revenue (Details)

Revenue (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Sep. 30, 2017
Point in time
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	$ 1,650		$ 3,958
Over time
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	$ 1,524	$ 4,459

Revenue - Contract Assets and L

Revenue - Contract Assets and Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2016
Revenue from Contract with Customer [Abstract]
Contract assets included in prepaid and other current assets	$ 28	$ 26
Contract liabilities included in accrued liabilities	(1)	(1)
Contract liabilities included in other non-current liabilities	(7)	(7)
Net contract asset	$ 20	$ 18

Receivables (Details)

Receivables (Details) - USD ($) $ in Millions	1 Months Ended
	Jul. 31, 2018	Sep. 30, 2018	Jul. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Receivables [Abstract]
Accounts receivable		$ 1,584			$ 894
Less: allowance for doubtful accounts		(71)			(71)
Net trade receivables		1,513			823
Unbilled receivables		226			0
Miscellaneous receivables		229			218
Receivables, net		1,968		$ 1,195	$ 1,041
Securitization facilities			$ 200
Accounts receivable securitization facilities, maximum available		$ 375
Net proceeds from termination of securitization facility and resale of receivables under new agreement	$ 106

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Sep. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Inventory, Gross [Abstract]
Raw materials and supplies	$ 871		$ 737
Work in process	155		139
Finished goods	613		509
Total inventories	$ 1,639	$ 1,241	$ 1,385

Intangible Assets, net (Details

Intangible Assets, net (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross	$ 2,489	$ 604
Accumulated amortization	(238)	(135)
Net	2,251	469
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross	1,628	461
Accumulated amortization	(178)	(108)
Net	1,450	353
Technology
Finite-Lived Intangible Assets [Line Items]
Gross	161	0
Accumulated amortization	(12)	0
Net	149	0
Long term supply contracts
Finite-Lived Intangible Assets [Line Items]
Gross	150	143
Accumulated amortization	(36)	(27)
Net	114	$ 116
Trade names - Definite lived
Finite-Lived Intangible Assets [Line Items]
Gross	550
Accumulated amortization	(12)
Net	$ 538

Intangible Assets, net Narrativ

Intangible Assets, net Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Net	$ 2,251		$ 2,251		$ 469
Amortization of Intangible Assets	51	$ 9	103	$ 29
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Net	$ 7		$ 7		$ 3

Restructuring and Other - Restr

Restructuring and Other - Restructuring Charges by Action/Type (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Restructuring Reserve [Abstract]
Asset impairments and sales	$ (13)	$ 9	$ (6)	$ 3
Restructuring	9	4	15	8
Transaction costs	0	0	22	0
Other Restructuring Costs	3	3	(3)	19
Restructuring and other	$ (1)	$ 16	$ 28	$ 30

Restructuring and Other - Narra

Restructuring and Other - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Restructuring Cost and Reserve [Line Items]
Litigation Settlement, Expense		$ (16)	$ 6	$ (16)
Gain (Loss) on Sale of Assets and Asset Impairment Charges	$ 13	$ (9)	6	(3)
European specialty packaging business [Member]
Restructuring Cost and Reserve [Line Items]
Gain (Loss) on Sale of Assets and Asset Impairment Charges				$ 5
Other Actions
Restructuring Cost and Reserve [Line Items]
Restructuring accrual	$ 16		$ 16

Asbestos-Related Liabilities -

Asbestos-Related Liabilities - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2018USD ($)inactive_claim	Dec. 31, 2017
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	$ 7
Inactive claims (in claims) | inactive_claim	19,000
Accrued asbestos claims and related legal costs	$ 305
Unasserted claims	$ 254
Percentage of claims that do not specify damages		81.00%

Asbestos-Related Liabilities _2

Asbestos-Related Liabilities - Summary of Claims Activity (Details)	9 Months Ended
	Sep. 30, 2018Claim
Loss Contingency Accrual [Roll Forward]
Beginning claims	55,500
New claims	1,000
Settlements or dismissals	(1,000)
Ending claims	55,500

Asbestos-Related Liabilities _3

Asbestos-Related Liabilities - Summary of Outstanding Claims by Year of Exposure and State Filed (Details) - Claim	Sep. 30, 2018	Dec. 31, 2017
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding	55,500	55,500
Asbestos After 1964
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding		16,500
Texas | Asbestos Before Or During 1964
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding		13,000
Pennsylvania | Asbestos Before Or During 1964
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding		1,500
Other states that have enacted asbestos legislation | Asbestos Before Or During 1964
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding		6,000
Other states | Asbestos Before Or During 1964
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding		18,500

Asbestos-Related Liabilities _4

Asbestos-Related Liabilities - Summary of Percentage of Outstanding Claims Related to Claimants Alleging Serious Diseases (Details)	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims alleging serious diseases	22.00%	22.00%	22.00%
Pre-1964 claims in states without asbestos legislation
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims alleging serious diseases	41.00%	41.00%	41.00%

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2018	Sep. 30, 2017
PRP site
Commitments And Contingent Liabilities [Line Items]
Estimated future remediation costs	$ 7
Non- PRP sites
Commitments And Contingent Liabilities [Line Items]
Estimated future remediation costs	$ 9
Penalty Notification Alleging Misclassification of Importation of Certain Goods into U.S. During 2004-2009 | U.S. Customs and Border Protection (CBP)
Commitments And Contingent Liabilities [Line Items]
Assessed penalty		$ 8

Derivative and Other Financia_3

Derivative and Other Financial Instruments - Narrative (Details) € in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2018EUR (€)	Jan. 31, 2018USD ($)	Jan. 31, 2018EUR (€)
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.
Loss expected to be reclassified to earnings			$ 2,000,000
Loss, net of tax, expected to be reclassified to earnings			1,000,000
Reclassification of anticipated transactions that were no longer considered probable			$ 0	$ 0
Commodities
Derivative Instruments, Gain (Loss) [Line Items]
Gain on cash flow hedge ineffectiveness		$ 1,000,000		2,000,000
Gain (loss) on cash flow hedge ineffectiveness, net of tax		1,000,000		1,000,000
Minimum
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, remaining maturity range			1 month
Maximum
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, remaining maturity range			25 months
Derivatives not designated as hedges | Commodities
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative	$ 0		$ 0		$ 40,000,000
Derivatives not designated as hedges | Foreign exchange
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative	873,000,000		873,000,000		575,000,000
Derivatives in fair value hedges | Foreign exchange
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative	68,000,000		68,000,000		60,000,000
Derivatives in fair value hedges | Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Cumulative amount of fair value hedging adjustment included in the carrying about of the hedged assets	1,000,000		1,000,000		1,000,000
Derivatives in fair value hedges | Designated as Hedging Instrument | Foreign exchange
Derivative Instruments, Gain (Loss) [Line Items]
Losses from foreign exchange contracts designated as fair value hedges (less than)	(1,000,000)	1,000,000	(1,000,000)	(1,000,000)
Derivatives designated as net investment hedges
Derivative Instruments, Gain (Loss) [Line Items]
Carrying amount of hedged net investment	1,308,000,000		$ 1,308,000,000			€ 1,127
Derivatives designated as net investment hedges | Accumulated Other Comprehensive Income
Derivative Instruments, Gain (Loss) [Line Items]
Loss on net investment hedge settlements	84,000,000				106,000,000
Loss on net investment hedge settlements, net of tax	$ 62,000,000				$ 88,000,000
Derivatives designated as net investment hedges | Cross Currency Interest Rate Contract
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative							$ 875,000,000	€ 718
Derivatives designated as net investment hedges | Cross Currency Interest Rate Contract on U.S. Notional Amount
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate	4.75%		4.75%			4.75%
Derivatives designated as net investment hedges | Cross Currency Interest Rate Contract on Euro Notional Amount
Derivative Instruments, Gain (Loss) [Line Items]
Interest rate	2.50%		2.50%			2.50%
Derivatives designated as net investment hedges | Other Comprehensive Income
Derivative Instruments, Gain (Loss) [Line Items]
Loss on net investment hedge settlements	$ 9,000,000	38,000,000	$ 22,000,000	134,000,000
Loss on net investment hedge settlements, net of tax	$ 9,000,000	$ 30,000,000	$ 26,000,000	$ 107,000,000

Derivative and Other Financia_4

Derivative and Other Financial Instruments - Cash Flow Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Net sales	$ 3,174	$ 2,468	$ 8,417	$ 6,530
Cost of products sold	2,530	1,972	6,804	5,235
Income Tax Expense (Benefit)	(102)	(79)	(196)	(178)
Net income	193	208	453	489
Designated as Hedging Instrument | Derivatives in cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain/(loss) recognized in AOCI (effective portion)	(5)	9	(9)	27
Designated as Hedging Instrument | Derivatives in cash flow hedges | Foreign exchange
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain/(loss) recognized in AOCI (effective portion)	(3)	(2)	(5)	1
Designated as Hedging Instrument | Derivatives in cash flow hedges | Commodities
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain/(loss) recognized in AOCI (effective portion)	(2)	11	(4)	26
Reclassification out of Accumulated Other Comprehensive Income | Designated as Hedging Instrument | Derivatives in cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain/(loss) reclassified from AOCI into earnings, before tax	7	6	24	21
Income Tax Expense (Benefit)	(1)	(1)	(6)	(6)
Net income	6	5	18	15
Reclassification out of Accumulated Other Comprehensive Income | Designated as Hedging Instrument | Derivatives in cash flow hedges | Foreign exchange
Derivative Instruments, Gain (Loss) [Line Items]
Net sales	(6)	(3)	(7)	(6)
Cost of products sold	5	2	4	5
Reclassification out of Accumulated Other Comprehensive Income | Designated as Hedging Instrument | Derivatives in cash flow hedges | Commodities
Derivative Instruments, Gain (Loss) [Line Items]
Net sales	(1)	0	(6)	0
Cost of products sold	$ 9	$ 7	$ 33	$ 22

Derivative and Other Financia_5

Derivative and Other Financial Instruments - Fair Value Hedges and Contracts Not Designated as Hedges (Details) - Derivatives not designated as hedges - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Derivative [Line Items]
Gain (loss) on derivative instruments, net, pretax	$ 8	$ (11)	$ 16	$ (29)
Net sales | Foreign exchange
Derivative [Line Items]
Gain (loss) on derivative instruments, net, pretax	(4)	0	(7)	(1)
Cost of products sold | Foreign exchange
Derivative [Line Items]
Gain (loss) on derivative instruments, net, pretax	4	(1)	6	(2)
Cost of products sold | Commodities
Derivative [Line Items]
Gain (loss) on derivative instruments, net, pretax	0	(2)	0	0
Foreign exchange | Foreign exchange
Derivative [Line Items]
Gain (loss) on derivative instruments, net, pretax	$ (8)	$ 8	$ (17)	$ 26

Derivative and Other Financia_6

Derivative and Other Financial Instruments - Net Investment Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Derivatives designated as net investment hedges | Designated as Hedging Instrument | Foreign exchange
Derivative [Line Items]
Amount of gain/(loss) recognized in AOCI	$ (2)	$ 0	$ 6	$ 0

Derivative and Other Financia_7

Derivative and Other Financial Instruments - Fair Values of Derivative Instruments and Valuation Hierarchy (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Derivative assets
Total	$ 29	$ 63
Derivative liabilities
Total	23	23
Fair Value, Inputs, Level 2
Derivative assets
Total	29	63
Derivative liabilities
Total	23	23
Fair Value, Inputs, Level 2 | Other current assets | Derivatives not designated as hedges
Derivative assets
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value	3	28
Fair Value, Inputs, Level 2 | Accrued liabilities | Derivatives not designated as hedges
Derivative assets
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value	4	16
Fair Value, Inputs, Level 2 | Other assets | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	26	35
Fair Value, Inputs, Level 2 | Other liabilities | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	19	7
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Other current assets | Foreign exchange | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	6	5
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Other current assets | Foreign exchange | Derivatives not designated as hedges
Derivative assets
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value	0	1
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Other current assets | Commodities | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges, Commodities	8	25
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Other current assets | Commodities | Derivatives not designated as hedges
Derivative assets
Derivatives designated as hedges, Commodities	0	22
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Accrued liabilities | Foreign exchange | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	9	6
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Accrued liabilities | Foreign exchange | Derivatives not designated as hedges
Derivative assets
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value	0	1
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Accrued liabilities | Commodities | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges, Commodities	7	0
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Accrued liabilities | Commodities | Derivatives not designated as hedges
Derivative assets
Derivatives designated as hedges, Commodities	0	15
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Other non-current assets | Foreign exchange | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	1	0
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Other non-current assets | Foreign exchange | Derivatives not designated as hedges
Derivative assets
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value	1	0
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Other non-current assets | Commodities | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges, Commodities	2	4
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Other non-current liabilities | Foreign exchange | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	1	0
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Other non-current liabilities | Foreign exchange | Derivatives not designated as hedges
Derivative assets
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value	0	0
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Other non-current liabilities | Commodities | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges, Commodities	1	0
Derivatives in fair value hedges | Accrued liabilities | Designated as Hedging Instrument
Derivative liabilities
Derivatives designated as hedges, Foreign exchange	9	12
Derivatives in fair value hedges | Fair Value, Inputs, Level 2 | Other current assets | Foreign exchange | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	1	1
Derivatives in fair value hedges | Fair Value, Inputs, Level 2 | Other current assets | Foreign exchange | Derivatives not designated as hedges
Derivative assets
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value	2	5
Derivatives in fair value hedges | Fair Value, Inputs, Level 2 | Accrued liabilities | Foreign exchange | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	1	1
Derivatives in fair value hedges | Fair Value, Inputs, Level 2 | Accrued liabilities | Foreign exchange | Derivatives not designated as hedges
Derivative assets
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value	4	0
Derivatives designated as net investment hedges | Fair Value, Inputs, Level 2 | Other non-current assets | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	8	0
Derivatives designated as net investment hedges | Fair Value, Inputs, Level 2 | Other non-current liabilities | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	$ 0	$ 0

Derivative and Other Financia_8

Derivative and Other Financial Instruments - Fair Value Hedge Carrying Amounts (Details) - Derivatives in fair value hedges - Designated as Hedging Instrument - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Derivative [Line Items]
Cumulative amount of fair value hedging adjustment included in the carrying about of the hedged assets	$ 1	$ 1
Cash and cash equivalents
Derivative [Line Items]
Carrying amount of hedged assets	9	1
Receivables, net
Derivative [Line Items]
Carrying amount of hedged assets	11	15
Accrued liabilities
Derivative [Line Items]
Carrying amount of hedged liabilities	$ (9)	$ (12)

Derivative and Other Financia_9

Derivative and Other Financial Instruments - Offsetting of Derivative Assets and Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gross Amounts Recognized in the Balance Sheet, Derivative Assets	$ 29	$ 63
Gross Amounts Not Offset in the Balance Sheet, Derivative Assets	8	17
Net Amount, Derivative Assets	21	46
Gross Amounts Recognized in the Balance Sheet, Derivative Liabilities	23	23
Gross Amounts Not Offset in the Balance Sheet, Derivative Liabilities	8	17
Net Amount, Derivative Liabilities	$ 15	$ 6

Derivative and Other Financi_10

Derivative and Other Financial Instruments - Notional Values of Outstanding Derivative Instruments (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Foreign exchange | Derivatives not designated as hedges
Derivatives, Fair Value [Line Items]
Notional amount of derivative	$ 873	$ 575
Foreign exchange | Derivatives in cash flow hedges
Derivatives, Fair Value [Line Items]
Notional amount of derivative	490	864
Foreign exchange | Derivatives in fair value hedges
Derivatives, Fair Value [Line Items]
Notional amount of derivative	68	60
Commodities | Derivatives not designated as hedges
Derivatives, Fair Value [Line Items]
Notional amount of derivative	0	40
Commodities | Derivatives in cash flow hedges
Derivatives, Fair Value [Line Items]
Notional amount of derivative	$ 317	$ 276

Debt - Summary of Outstanding D

Debt - Summary of Outstanding Debt (Details)	9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2018EUR (€)	Apr. 30, 2018USD ($)	Apr. 30, 2018EUR (€)	Jan. 31, 2018USD ($)	Jan. 31, 2018EUR (€)	Dec. 31, 2017USD ($)	Dec. 31, 2017EUR (€)
Debt Instrument [Line Items]
Short-term debt	$ 53,000,000						$ 62,000,000
Principal outstanding
Total long-term debt	9,114,000,000						5,328,000,000
Less: current maturities	(89,000,000)						(64,000,000)
Total long-term debt, less current maturities	9,025,000,000						5,264,000,000
Carrying amount
Total long-term debt	9,017,000,000						5,281,000,000
Less: current maturities	(89,000,000)						(64,000,000)
Total long-term debt, less current maturities	8,928,000,000						5,217,000,000
Capital lease obligations	30,000,000						29,000,000
Senior Secured Borrowings | U.S. dollar at LIBOR 1.75% due 2022
Principal outstanding
Total long-term debt	821,000,000						741,000,000
Carrying amount
Total long-term debt	816,000,000						735,000,000
Senior Secured Borrowings | U.S. dollar at LIBOR 2.00% due 2027
Principal outstanding
Total long-term debt	1,147,000,000						0
Carrying amount
Total long-term debt	1,124,000,000						0
Debt Instrument, Face Amount			$ 1,150,000,000
Senior Secured Borrowings | Euro at EURIBOR 1.75% due 20221
Principal outstanding
Total long-term debt	307,000,000						324,000,000
Carrying amount
Total long-term debt	307,000,000						324,000,000
Debt Instrument, Face Amount | €		€ 265,000,000						€ 270,000,000
Senior Secured Borrowings | Euro at EURIBOR 2.375% due 20252
Principal outstanding
Total long-term debt	868,000,000						0
Carrying amount
Total long-term debt	859,000,000						0
Debt Instrument, Face Amount	870,000,000	€ 748,000,000		€ 750,000,000
Senior Notes and Debentures | €650 at 4.0% due 2022
Principal outstanding
Total long-term debt	755,000,000						781,000,000
Carrying amount
Total long-term debt	$ 750,000,000						774,000,000
Debt instrument stated percentage	4.00%	4.00%
Debt Instrument, Face Amount | €		€ 650,000,000
Senior Notes and Debentures | U. S. dollar at 4.50% due 2023
Principal outstanding
Total long-term debt	$ 1,000,000,000						1,000,000,000
Carrying amount
Total long-term debt	$ 992,000,000						992,000,000
Debt instrument stated percentage	4.50%	4.50%
Senior Notes and Debentures | €335 at 2.250% due 2023
Principal outstanding
Total long-term debt	$ 389,000,000
Carrying amount
Total long-term debt	$ 384,000,000
Debt instrument stated percentage	2.25%	2.25%			2.25%	2.25%
Debt Instrument, Face Amount	$ 389,000,000	€ 335,000,000				€ 335,000,000
Senior Notes and Debentures | €600 at 2.625% due 2024
Principal outstanding
Total long-term debt	697,000,000						720,000,000
Carrying amount
Total long-term debt	$ 691,000,000						713,000,000
Debt instrument stated percentage	2.625%	2.625%
Debt Instrument, Face Amount | €		€ 600,000,000
Senior Notes and Debentures | €600 at 3.375% due 2025
Principal outstanding
Total long-term debt	$ 697,000,000						720,000,000
Carrying amount
Total long-term debt	$ 690,000,000						711,000,000
Debt instrument stated percentage	3.375%	3.375%
Debt Instrument, Face Amount | €		€ 600,000,000
Senior Notes and Debentures | U.S. dollar at 4.25% due 2026
Principal outstanding
Total long-term debt	$ 400,000,000						400,000,000
Carrying amount
Total long-term debt	$ 394,000,000						393,000,000
Debt instrument stated percentage	4.25%	4.25%
Senior Notes and Debentures | U.S. dollar at 4.75% due 2026
Principal outstanding
Total long-term debt	$ 875,000,000
Carrying amount
Total long-term debt	$ 863,000,000
Debt instrument stated percentage	4.75%	4.75%			4.75%	4.75%
Debt Instrument, Face Amount					$ 875,000,000
Senior Notes and Debentures | U.S. dollar at 7.375% due 2026
Principal outstanding
Total long-term debt	$ 350,000,000						350,000,000
Carrying amount
Total long-term debt	$ 347,000,000						347,000,000
Debt instrument stated percentage	7.375%	7.375%
Senior Notes and Debentures | €500 at 2.875% due 2026
Principal outstanding
Total long-term debt	$ 580,000,000
Carrying amount
Total long-term debt	$ 572,000,000
Debt instrument stated percentage	2.875%	2.875%			2.875%	2.875%
Debt Instrument, Face Amount	$ 580,000,000	€ 500,000,000				€ 500,000,000
Senior Notes and Debentures | U.S. dollar at 7.50% due 2096
Principal outstanding
Total long-term debt	40,000,000						40,000,000
Carrying amount
Total long-term debt	$ 40,000,000						40,000,000
Debt instrument stated percentage	7.50%	7.50%
Other Indebtedness, Fixed Rate
Principal outstanding
Total long-term debt	$ 74,000,000						101,000,000
Carrying amount
Total long-term debt	74,000,000						101,000,000
Revolving Credit Facility | Line of Credit
Principal outstanding
Total long-term debt	84,000,000						122,000,000
Carrying amount
Total long-term debt	$ 84,000,000						$ 122,000,000
London Interbank Offered Rate (LIBOR) | Senior Secured Borrowings | U.S. dollar at LIBOR 1.75% due 2022
Carrying amount
Basis spread on variable rate (as a percent)	1.75%
London Interbank Offered Rate (LIBOR) | Senior Secured Borrowings | U.S. dollar at LIBOR 2.00% due 2027
Carrying amount
Basis spread on variable rate (as a percent)	2.00%
EURIBOR | Senior Secured Borrowings | Euro at EURIBOR 1.75% due 20221
Carrying amount
Basis spread on variable rate (as a percent)	1.75%
EURIBOR | Senior Secured Borrowings | Euro at EURIBOR 2.375% due 20252
Carrying amount
Basis spread on variable rate (as a percent)	2.375%

Debt - Narrative (Details)

Debt - Narrative (Details)	1 Months Ended	9 Months Ended
	Apr. 30, 2018USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2018EUR (€)	Apr. 30, 2018EUR (€)	Jan. 31, 2018USD ($)	Jan. 31, 2018EUR (€)	Dec. 31, 2017USD ($)	Dec. 31, 2017EUR (€)
Senior Secured Borrowings | Euro at EURIBOR 1.75% due 20221
Debt Instrument [Line Items]
Debt, face amount | €			€ 265,000,000					€ 270,000,000
Senior Secured Borrowings | U.S. dollar at LIBOR 1.75% due 2022 - Term A Loan
Debt Instrument [Line Items]
Debt, face amount	$ 100,000,000
Senior Secured Borrowings | U.S. dollar at LIBOR 2.00% due 2027
Debt Instrument [Line Items]
Debt, face amount	$ 1,150,000,000
Senior Secured Borrowings | Euro at EURIBOR 2.375% due 20252
Debt Instrument [Line Items]
Debt, face amount		$ 870,000,000	€ 748,000,000	€ 750,000,000
Senior Notes and Debentures | U.S. dollar at 4.75% due 2026
Debt Instrument [Line Items]
Debt, face amount					$ 875,000,000
Debt instrument stated percentage		4.75%	4.75%		4.75%	4.75%
Senior Notes and Debentures | €500 at 2.875% due 2026
Debt Instrument [Line Items]
Debt, face amount		$ 580,000,000	€ 500,000,000			€ 500,000,000
Debt instrument stated percentage		2.875%	2.875%		2.875%	2.875%
Senior Notes and Debentures | €335 at 2.250% due 2023
Debt Instrument [Line Items]
Debt, face amount		$ 389,000,000	€ 335,000,000			€ 335,000,000
Debt instrument stated percentage		2.25%	2.25%		2.25%	2.25%
Fair Value, Inputs, Level 2
Debt Instrument [Line Items]
Long-term debt, fair value		$ 9,167,000,000					$ 5,562,000,000
London Interbank Offered Rate (LIBOR) | Senior Secured Borrowings | U.S. dollar at LIBOR 2.00% due 2027
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		2.00%
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity					$ 1,650,000,000
Minimum | London Interbank Offered Rate (LIBOR) | Term Loan [Member] | Euro And Dollar Term B Loans
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	1.00%
Maximum | London Interbank Offered Rate (LIBOR) | Term Loan [Member] | Euro And Dollar Term B Loans
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	2.375%

Pension and Other Postretirem_3

Pension and Other Postretirement Benefits (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 1	$ 0	$ 1
Interest cost	1	1	3	3
Recognized prior service credit	(9)	(11)	(28)	(31)
Recognized net loss	1	1	3	3
Net periodic cost (benefit)	(7)	(8)	(22)	(24)
Pension Benefits - U.S. Plans | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	5	3	14	10
Interest cost	12	13	35	38
Expected return on plan assets	(22)	(21)	(63)	(62)
Recognized net loss	16	13	40	39
Net periodic cost (benefit)	11	8	26	25
Pension Benefits - Non-U.S. Plans | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	5	6	19	18
Interest cost	19	19	58	57
Expected return on plan assets	(40)	(38)	(120)	(109)
Defined Benefit Plan, Benefit Obligation, (Increase) Decrease for Curtailment	0	(4)	0	(4)
Recognized prior service credit	(2)	(3)	(8)	(9)
Recognized net loss	11	11	33	32
Net periodic cost (benefit)	$ (7)	$ (9)	$ (18)	$ (15)

Pension and Other Postretirem_4

Pension and Other Postretirement Benefits Amounts reclassified from accumulated other comprehensive income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Income before income taxes	$ 293	$ 287	$ 646	$ 667
Income Tax Expense (Benefit)	(102)	(79)	(196)	(178)
Net income	193	208	453	489
Reclassification out of Accumulated Other Comprehensive Income | Defined benefit plans
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Actuarial losses	28	21	76	70
Prior service credit	(11)	(14)	(36)	(40)
Income before income taxes	17	7	40	30
Income Tax Expense (Benefit)	(6)	(4)	(7)	(10)
Net income	$ 11	$ 3	$ 33	$ 20

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Deferred Income Tax Expense (Benefit)	24	24
Provisional obligation related to transition tax for accumulated foreign earnings			$ 113
Tax Cuts And Jobs Act of 2017, Incomplete Accounting, Transition Tax For Accumulated Foreign Earnings, Provisional Charge	$ 4	$ 4

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income - Components (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	$ (3,241)	$ (3,400)
Cumulative effect of change in accounting principle			$ 3
Other comprehensive income before reclassifications	(84)	270
Amounts reclassified from accumulated other comprehensive income	15	5
Other comprehensive income	(66)	275
Balance at end of period	(3,307)	(3,125)
Defined benefit plans
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(1,583)	(1,524)
Cumulative effect of change in accounting principle
Other comprehensive income before reclassifications	(4)	20
Amounts reclassified from accumulated other comprehensive income	33	20
Other comprehensive income	29	40
Balance at end of period	(1,554)	(1,484)
Foreign currency translation
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(1,681)	(1,879)
Cumulative effect of change in accounting principle
Other comprehensive income before reclassifications	(71)	223
Amounts reclassified from accumulated other comprehensive income
Other comprehensive income	(71)	223
Balance at end of period	(1,752)	(1,656)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	23	3
Cumulative effect of change in accounting principle			$ 3
Other comprehensive income before reclassifications	(9)	27
Amounts reclassified from accumulated other comprehensive income	(18)	(15)
Other comprehensive income	(24)	12
Balance at end of period	$ (1)	$ 15

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income - Reclassification (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total gains on cash flow hedges	$ 15	$ 5
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total gains on cash flow hedges	(18)	(15)
Amortization of defined benefit plan items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total gains on cash flow hedges	$ 33	$ 20

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Restricted Stock Transactions) (Details)	9 Months Ended
	Sep. 30, 2018shares
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)	1,053,842
Nonvested stock awards outstanding at end of period (in shares)	2,170,693
Time-vesting shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Awarded (in shares)	1,515,700
Released (in shares)	(353,555)
Forfeitures (in shares)	(35,625)
Performance-based shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Awarded (in shares)	150,069
Released (in shares)	0
Forfeitures (in shares)	(159,738)

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2018USD ($)$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost | $	$ 81
Cost expected to be recognized, weighted average period (in years)	3 years 7 months
Market Based Restricted Stock [Member] [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award term	cliff vest at the end of three 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%
Vesting period for shares awarded (in years)	3 years
Performance-Based Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award term	cliff vest at the end of three 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%
Vesting period for shares awarded (in years)	3 years
Weighted average grant-date fair value (in dollars per share) | $ / shares	$ 57.24
Method used for calculation of performance of share	Monte Carlo
Weighted average stock price volatility	19.90%
Expected term (in years)	3 years
Risk free interest rate	2.01%
Time Vested Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant-date fair value (in dollars per share) | $ / shares	$ 44.48
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate market value of shares released and issued | $	$ 16
Minimum | Time Vested Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for shares awarded (in years)	3 years
Maximum | Time Vested Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for shares awarded (in years)	5 years

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Earnings Per Share [Abstract]
Net income attributable to Crown Holdings	$ 164	$ 177	$ 386	$ 412
Weighted average shares outstanding:
Basic (in shares)	133.7	134	133.6	135.9
Add: dilutive stock options and restricted stock (in shares)	0.1	0.4	0.2	0.5
Diluted (in shares)	133.8	134.4	133.8	136.4
Basic earnings per share (in usd per share)	$ 1.23	$ 1.32	$ 2.89	$ 3.03
Diluted earnings per share (in usd per share)	$ 1.23	$ 1.32	$ 2.88	$ 3.02
Value of shares excluded from the computation of diluted earnings per share	0.4		0.9

Segment Information - Informati

Segment Information - Information about Operating Segments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting Information [Line Items]
Income from operations	$ 365	$ 328	$ 878	$ 812
Net sales	3,174	2,468	8,417	6,530
Operating Segments
Segment Reporting Information [Line Items]
Income from operations	408	346	1,059	886
Net sales	2,819	2,130	7,432	5,641
Operating Segments | Americas Beverage
Segment Reporting Information [Line Items]
Income from operations	125	129	336	342
Net sales	872	763	2,478	2,166
Operating Segments | European Beverage
Segment Reporting Information [Line Items]
Income from operations	66	77	180	198
Net sales	418	428	1,194	1,133
Operating Segments | European Food
Segment Reporting Information [Line Items]
Income from operations	90	100	231	222
Net sales	623	639	1,565	1,477
Operating Segments | Asia Pacific
Segment Reporting Information [Line Items]
Income from operations	46	40	137	124
Net sales	321	300	990	865
Operating Segments | Transit Packaging [Member]
Segment Reporting Information [Line Items]
Income from operations	81	0	175	0
Net sales	585	0	1,205	0
Segment Reconciling Items | Non-reportable segments
Segment Reporting Information [Line Items]
Income from operations	40	39	102	101
Net sales	355	338	985	889
Intersegment Eliminations
Segment Reporting Information [Line Items]
Net sales	74	46	225	168
Intersegment Eliminations | Americas Beverage
Segment Reporting Information [Line Items]
Net sales	14	9	48	32
Intersegment Eliminations | European Beverage
Segment Reporting Information [Line Items]
Net sales	0	0	1	1
Intersegment Eliminations | European Food
Segment Reporting Information [Line Items]
Net sales	15	17	58	52
Intersegment Eliminations | Transit Packaging [Member]
Segment Reporting Information [Line Items]
Net sales	2	0	3	0
Intersegment Eliminations | Non-reportable segments
Segment Reporting Information [Line Items]
Net sales	43	20	115	83
Intersegment Eliminations | Operating Segments
Segment Reporting Information [Line Items]
Net sales	$ 31	$ 26	$ 110	$ 85

Segment Information - Narrative

Segment Information - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting Information [Line Items]
Intercompany profit eliminated	$ 3	$ 1	$ 7	$ 5
Non-reportable segments
Segment Reporting Information [Line Items]
Segment description			The primary sources of revenue included in non-reportable segments are the Company's aerosol can businesses in North America and Europe, its food can business in North America, its promotional packaging business in Europe and its tooling and equipment operations in the U.S. and U.K.

Segment Information - Reconcili

Segment Information - Reconciliation of Segment Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	$ 365	$ 328	$ 878	$ 812
Restructuring and other	1	(16)	(28)	(30)
Amortization of intangibles	(51)	(9)	(103)	(29)
Other pension and postretirement	13	19	47	43
Interest expense	(105)	(64)	(282)	(187)
Interest income	6	4	17	10
Foreign exchange	14	0	(14)	(4)
Income before income taxes	293	287	646	667
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	408	346	1,059	886
Operating Segments | Americas Beverage
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	125	129	336	342
Operating Segments | European Beverage
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	66	77	180	198
Operating Segments | European Food
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	90	100	231	222
Operating Segments | Asia Pacific
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	46	40	137	124
Segment Reconciling Items
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Restructuring and other	1	(16)	(28)	(30)
Amortization of intangibles	(51)	(9)	(103)	(29)
Fair value adjustment to inventory	0	0	(40)	0
Other pension and postretirement	13	19	47	43
Loss from early extinguishments of debt	0	0	0	(7)
Impact of hedge ineffectiveness	0	1	0	(2)
Interest expense	(105)	(64)	(282)	(187)
Interest income	6	4	17	10
Foreign exchange	14	0	(14)	(4)
Segment Reconciling Items | Non-reportable segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	40	39	102	101
Corporate, Non-Segment
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Corporate and unallocated items	$ (33)	$ (33)	$ (112)	$ (114)

Condensed Combining Financial_3

Condensed Combining Financial Information - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2018USD ($)
Crown Cork & Seal Company Inc | U.S. dollar at 7.375% due 2026
Outstanding senior notes	$ 350
Debt instrument stated percentage	7.375%
Crown Cork & Seal Company Inc | U.S. dollar at 7.50% due 2096
Outstanding senior notes	$ 40
Debt instrument stated percentage	7.50%
Crown Americas, LLC | U. S. dollar at 4.50% due 2023
Outstanding senior notes	$ 1,000
Debt instrument stated percentage	4.50%
Crown Americas, LLC | U.S. dollar at 4.25% due 2026
Outstanding senior notes	$ 400
Debt instrument stated percentage	4.25%
Crown Americas, LLC | U.S. dollar at 4.75% due 2026
Outstanding senior notes	$ 875
Debt instrument stated percentage	4.75%
Guarantors | Crown Americas, LLC
Ownership percentage	100.00%
Issuer [Member] | Crown Cork & Seal Company Inc
Ownership percentage	100.00%
Issuer [Member] | Crown Americas, LLC
Ownership percentage	100.00%

Condensed Combining Financial_4

Condensed Combining Financial Information - Condensed Combining Statement of Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Net sales	$ 3,174	$ 2,468	$ 8,417	$ 6,530
Cost of products sold, excluding depreciation and amortization	2,530	1,972	6,804	5,235
Depreciation and amortization	127	63	305	183
Selling and administrative expense	153	89	402	270
Restructuring and other	(1)	16	28	30
Income from operations	365	328	878	812
Other pension and postretirement	(13)	(19)	(47)	(43)
Loss from early extinguishment of debt	0	0	0	7
Foreign exchange	(14)	0	14	4
Income before income taxes	293	287	646	667
Provision for / (benefit from) income taxes	102	79	196	178
Equity earnings / (loss) in affiliates	2	0	3	0
Net income	193	208	453	489
Net income attributable to noncontrolling interests	(29)	(31)	(67)	(77)
Net income attributable to Crown Holdings	164	177	386	412
Total comprehensive income	179	252	381	767
Comprehensive income attributable to Crown Holdings	151	220	317	687
Restructuring	9	4	15	8
Crown Americas, LLC
Net sales	3,174	2,468	8,417	6,530
Cost of products sold, excluding depreciation and amortization	2,530	1,972	6,804	5,235
Depreciation and amortization	127	63	305	183
Selling and administrative expense	153	89	402	270
Restructuring and other	(1)	16	28	30
Income from operations	365	328	878	812
Other pension and postretirement	(13)	(19)	(47)	(43)
Loss from early extinguishment of debt		0		7
Net interest expense	99	60	265	177
Technology royalty			0	0
Foreign exchange	(14)	0	14	4
Income before income taxes	293	287	646	667
Provision for / (benefit from) income taxes	102	79	196	178
Equity earnings / (loss) in affiliates	2	0	3	0
Net income	193	208	453	489
Net income attributable to noncontrolling interests	(29)	(31)	(67)	(77)
Net income attributable to Crown Holdings	164	177	386	412
Total comprehensive income	179	252	381	767
Comprehensive income attributable to noncontrolling interests	(28)	(32)	(64)	(80)
Comprehensive income attributable to Crown Holdings	151	220	317	687
Crown Americas, LLC | Parent
Net sales
Cost of products sold, excluding depreciation and amortization
Depreciation and amortization
Selling and administrative expense
Restructuring and other			9
Income from operations	0		(9)
Other pension and postretirement
Net interest expense
Technology royalty
Foreign exchange
Income before income taxes	0		(9)
Provision for / (benefit from) income taxes			(2)
Equity earnings / (loss) in affiliates	164	177	393	412
Net income	164	177	386	412
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	164	177	386	412
Total comprehensive income	151	220	317	687
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	151	220	317	687
Crown Americas, LLC | Issuer
Net sales
Cost of products sold, excluding depreciation and amortization
Depreciation and amortization
Selling and administrative expense	3	3	8	8
Restructuring and other			3
Income from operations	(3)	(3)	(11)	(8)
Other pension and postretirement
Loss from early extinguishment of debt				6
Net interest expense	24	16	69	49
Technology royalty
Foreign exchange	3	23	10	78
Income before income taxes	(30)	(42)	(90)	(141)
Provision for / (benefit from) income taxes	(7)	(16)	(21)	(54)
Equity earnings / (loss) in affiliates	52	67	154	167
Net income	29	41	85	80
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	29	41	85	80
Total comprehensive income	22	37	84	83
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	22	37	84	83
Crown Americas, LLC | Guarantors
Net sales	973	614	2,550	1,745
Cost of products sold, excluding depreciation and amortization	826	522	2,180	1,497
Depreciation and amortization	38	10	81	30
Selling and administrative expense	60	31	156	99
Restructuring and other	10		15	2
Income from operations	39	51	118	117
Other pension and postretirement	(6)	(13)	(17)	(33)
Loss from early extinguishment of debt
Net interest expense	33	25	87	69
Technology royalty	(14)	(15)	(37)	(33)
Foreign exchange	1			(1)
Income before income taxes	25	54	85	115
Provision for / (benefit from) income taxes	13	18	30	38
Equity earnings / (loss) in affiliates	109	110	258	267
Net income	121	146	313	344
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	121	146	313	344
Total comprehensive income	55	184	217	429
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	55	184	217	429
Crown Americas, LLC | Non- Guarantors
Net sales	2,335	1,962	6,251	5,090
Cost of products sold, excluding depreciation and amortization	1,838	1,558	5,008	4,043
Depreciation and amortization	89	53	224	153
Selling and administrative expense	90	55	238	163
Restructuring and other	(11)	16	1	28
Income from operations	329	280	780	703
Other pension and postretirement	(7)	(6)	(30)	(10)
Loss from early extinguishment of debt				1
Net interest expense	42	19	109	59
Technology royalty	14	15	37	33
Foreign exchange	(15)		15	5
Income before income taxes	295	252	649	615
Provision for / (benefit from) income taxes	96	69	187	167
Equity earnings / (loss) in affiliates	1		1
Net income	200	183	463	448
Net income attributable to noncontrolling interests	(29)	(31)	(67)	(77)
Net income attributable to Crown Holdings	171	152	396	371
Total comprehensive income	196	245	401	787
Comprehensive income attributable to noncontrolling interests	(28)	(32)	(64)	(80)
Comprehensive income attributable to Crown Holdings	168	213	337	707
Crown Cork & Seal Company Inc.
Net sales	3,174	2,468	8,417	6,530
Cost of products sold, excluding depreciation and amortization	2,530	1,972	6,804	5,235
Depreciation and amortization	127	63	305	183
Selling and administrative expense	153	89	402	270
Restructuring and other	(1)	16	28	30
Income from operations	365	328	878	812
Other pension and postretirement	(13)	(19)	(47)	(43)
Loss from early extinguishment of debt				7
Net interest expense	99	60	265	177
Foreign exchange	(14)		14	4
Income before income taxes	293	287	646	667
Provision for / (benefit from) income taxes	102	79	196	178
Equity earnings / (loss) in affiliates	2	0	3	0
Net income	193	208	453	489
Net income attributable to noncontrolling interests	(29)	(31)	(67)	(77)
Net income attributable to Crown Holdings	164	177	386	412
Total comprehensive income	179	252	381	767
Comprehensive income attributable to noncontrolling interests	(28)	(32)	(64)	(80)
Comprehensive income attributable to Crown Holdings	151	220	317	687
Crown Cork & Seal Company Inc. | Parent
Net sales
Cost of products sold, excluding depreciation and amortization
Depreciation and amortization
Selling and administrative expense
Restructuring and other			9
Income from operations	0		(9)
Other pension and postretirement
Net interest expense
Foreign exchange
Income before income taxes	0		(9)
Provision for / (benefit from) income taxes			(2)
Equity earnings / (loss) in affiliates	164	177	393	412
Net income	164	177	386	412
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	164	177	386	412
Total comprehensive income	151	220	317	687
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	151	220	317	687
Crown Cork & Seal Company Inc. | Issuer
Net sales
Cost of products sold, excluding depreciation and amortization
Depreciation and amortization
Selling and administrative expense	2	1	7	5
Restructuring and other				(1)
Income from operations	(2)	(1)	(7)	(4)
Other pension and postretirement
Loss from early extinguishment of debt
Net interest expense	18	23	56	69
Foreign exchange
Income before income taxes	(20)	(24)	(63)	(73)
Provision for / (benefit from) income taxes	(1)	(15)	(10)	(33)
Equity earnings / (loss) in affiliates	147	155	373	384
Net income	128	146	320	344
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	128	146	320	344
Total comprehensive income	62	184	224	429
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	62	184	224	429
Crown Cork & Seal Company Inc. | Non- Guarantors
Net sales	3,174	2,468	8,417	6,530
Cost of products sold, excluding depreciation and amortization	2,530	1,972	6,804	5,235
Depreciation and amortization	127	63	305	183
Selling and administrative expense	151	88	395	265
Restructuring and other	(1)	16	19	31
Income from operations	367	329	894	816
Other pension and postretirement	(13)	(19)	(47)	(43)
Loss from early extinguishment of debt				7
Net interest expense	81	37	209	108
Foreign exchange	(14)		14	4
Income before income taxes	313	311	718	740
Provision for / (benefit from) income taxes	103	94	208	211
Equity earnings / (loss) in affiliates	2		3
Net income	212	217	513	529
Net income attributable to noncontrolling interests	(29)	(31)	(67)	(77)
Net income attributable to Crown Holdings	183	186	446	452
Total comprehensive income	198	261	441	807
Comprehensive income attributable to noncontrolling interests	(28)	(32)	(64)	(80)
Comprehensive income attributable to Crown Holdings	170	229	377	727
Eliminations | Crown Americas, LLC
Net sales	(134)	(108)	(384)	(305)
Cost of products sold, excluding depreciation and amortization	(134)	(108)	(384)	(305)
Depreciation and amortization
Selling and administrative expense
Restructuring and other
Other pension and postretirement
Net interest expense
Technology royalty
Foreign exchange	(3)	(23)	(11)	(78)
Income before income taxes	3	23	11	78
Provision for / (benefit from) income taxes		8	2	27
Equity earnings / (loss) in affiliates	(324)	(354)	(803)	(846)
Net income	(321)	(339)	(794)	(795)
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	(321)	(339)	(794)	(795)
Total comprehensive income	(245)	(434)	(638)	(1,219)
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	(245)	(434)	(638)	(1,219)
Eliminations | Crown Cork & Seal Company Inc.
Net sales
Cost of products sold, excluding depreciation and amortization
Depreciation and amortization
Selling and administrative expense
Restructuring and other
Other pension and postretirement
Net interest expense
Foreign exchange
Income before income taxes
Provision for / (benefit from) income taxes
Equity earnings / (loss) in affiliates	(311)	(332)	(766)	(796)
Net income	(311)	(332)	(766)	(796)
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	(311)	(332)	(766)	(796)
Total comprehensive income	(232)	(413)	(601)	(1,156)
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	$ (232)	$ (413)	$ (601)	$ (1,156)

Condensed Combining Financial_5

Condensed Combining Financial Information - Condensed Combining Balance Sheet (Details) - USD ($) $ in Millions	Sep. 30, 2018	Jan. 01, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Cash and cash equivalents	$ 298		$ 424	$ 374	$ 559
Receivables, net	1,968	$ 1,195	1,041
Inventories	1,639	1,241	1,385
Prepaid expenses and other current assets	193	250	224
Total current assets	4,098	3,110	3,074
Goodwill	4,495		3,046
Intangible assets, net	2,258		472
Property, plant and equipment, net	3,722		3,239
Other non-current assets	762	833	832
Total	15,335	10,700	10,663
Short-term debt	53		62
Current maturities of long-term debt	89		64
Accounts payable	2,507		2,367
Accrued liabilities	952	774	757
Total current liabilities	3,601	3,267	3,250
Long-term debt, excluding current maturities	8,928		5,217
Postretirement and pension liabilities	616		588
Other non-current liabilities	880	695	685
Commitments and contingent liabilities
Noncontrolling interests	369	323	322
Crown Holdings shareholders’ equity/(deficit)	941	610	601
Total equity/(deficit)	1,310	933	923	$ 1,112	$ 668
Total	15,335	$ 10,700	10,663
Crown Americas, LLC
Cash and cash equivalents	298		424
Receivables, net	1,968		1,041
Intercompany receivables			0
Inventories	1,639		1,385
Prepaid expenses and other current assets	193		224
Total current assets	4,098		3,074
Intercompany debt receivables			0
Investments			0
Goodwill	4,495		3,046
Intangible assets, net	2,258		472
Property, plant and equipment, net	3,722		3,239
Other non-current assets	762		832
Total	15,335		10,663
Short-term debt	53		62
Current maturities of long-term debt	89		64
Accounts payable	2,507		2,367
Accrued liabilities	952		757
Total current liabilities	3,601		3,250
Long-term debt, excluding current maturities	8,928		5,217
Long-term intercompany debt			0
Postretirement and pension liabilities	616		588
Other non-current liabilities	880		685
Commitments and contingent liabilities
Noncontrolling interests	369		322
Crown Holdings shareholders’ equity/(deficit)	941		601
Total equity/(deficit)	1,310		923
Total	15,335		10,663
Crown Americas, LLC | Parent
Cash and cash equivalents
Receivables, net
Intercompany receivables
Inventories
Prepaid expenses and other current assets	1
Total current assets	1
Intercompany debt receivables
Investments	3,471		3,120
Goodwill
Intangible assets, net
Property, plant and equipment, net
Other non-current assets
Total	3,472		3,120
Short-term debt
Current maturities of long-term debt
Accounts payable
Accrued liabilities	16		22
Intercompany payables
Total current liabilities	16		22
Long-term debt, excluding current maturities
Long-term intercompany debt	2,515		2,497
Postretirement and pension liabilities
Other non-current liabilities
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	941		601
Total equity/(deficit)	941		601
Total	3,472		3,120
Crown Americas, LLC | Issuer
Cash and cash equivalents	24		36
Receivables, net	4
Intercompany receivables
Inventories
Prepaid expenses and other current assets	1		2
Total current assets	29		38
Intercompany debt receivables	2,703		2,523
Investments	2,726		2,479
Goodwill
Intangible assets, net
Property, plant and equipment, net	1		1
Other non-current assets	23		11
Total	5,482		5,052
Short-term debt
Current maturities of long-term debt	32		23
Accounts payable
Accrued liabilities	30		31
Intercompany payables
Total current liabilities	62		54
Long-term debt, excluding current maturities	3,048		2,094
Long-term intercompany debt	795		1,411
Postretirement and pension liabilities
Other non-current liabilities
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	1,577		1,493
Total equity/(deficit)	1,577		1,493
Total	5,482		5,052
Crown Americas, LLC | Guarantors
Cash and cash equivalents	4		3
Receivables, net	206		29
Intercompany receivables	47		32
Inventories	446		347
Prepaid expenses and other current assets	16		17
Total current assets	719		428
Intercompany debt receivables	3,812		3,325
Investments	1,177		1,032
Goodwill	1,182		453
Intangible assets, net	917		13
Property, plant and equipment, net	695		515
Other non-current assets	209		311
Total	8,711		6,077
Short-term debt
Current maturities of long-term debt	14		3
Accounts payable	681		547
Accrued liabilities	162		72
Intercompany payables	23		13
Total current liabilities	880		635
Long-term debt, excluding current maturities	1,534		408
Long-term intercompany debt	2,856		2,454
Postretirement and pension liabilities	350		373
Other non-current liabilities	339		338
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	2,752		1,869
Total equity/(deficit)	2,752		1,869
Total	8,711		6,077
Crown Americas, LLC | Non- Guarantors
Cash and cash equivalents	270		385
Receivables, net	1,758		1,012
Intercompany receivables	23		13
Inventories	1,193		1,038
Prepaid expenses and other current assets	175		205
Total current assets	3,419		2,653
Intercompany debt receivables	153		732
Investments
Goodwill	3,313		2,593
Intangible assets, net	1,341		459
Property, plant and equipment, net	3,026		2,723
Other non-current assets	530		510
Total	11,782		9,670
Short-term debt	53		62
Current maturities of long-term debt	43		38
Accounts payable	1,826		1,820
Accrued liabilities	744		632
Intercompany payables	47		32
Total current liabilities	2,713		2,584
Long-term debt, excluding current maturities	4,346		2,715
Long-term intercompany debt	502		218
Postretirement and pension liabilities	266		215
Other non-current liabilities	541		347
Commitments and contingent liabilities
Noncontrolling interests	369		322
Crown Holdings shareholders’ equity/(deficit)	3,045		3,269
Total equity/(deficit)	3,414		3,591
Total	11,782		9,670
Crown Cork & Seal Company Inc.
Cash and cash equivalents	298		424
Receivables, net	1,968		1,041
Inventories	1,639		1,385
Prepaid expenses and other current assets	193		224
Total current assets	4,098		3,074
Goodwill	4,495		3,046
Intangible assets, net	2,258		472
Property, plant and equipment, net	3,722		3,239
Other non-current assets	762		832
Total	15,335		10,663
Short-term debt	53		62
Current maturities of long-term debt	89		64
Accounts payable	2,507		2,367
Accrued liabilities	952		757
Total current liabilities	3,601		3,250
Long-term debt, excluding current maturities	8,928		5,217
Long-term intercompany debt	0
Postretirement and pension liabilities	616		588
Other non-current liabilities	880		685
Commitments and contingent liabilities
Noncontrolling interests	369		322
Crown Holdings shareholders’ equity/(deficit)	941		601
Total equity/(deficit)	1,310		923
Total	15,335		10,663
Crown Cork & Seal Company Inc. | Parent
Cash and cash equivalents
Receivables, net
Inventories
Prepaid expenses and other current assets	1
Total current assets	1
Intercompany debt receivables
Investments	3,471		3,120
Goodwill
Intangible assets, net
Property, plant and equipment, net
Other non-current assets
Total	3,472		3,120
Short-term debt
Current maturities of long-term debt
Accounts payable
Accrued liabilities	16		22
Total current liabilities	16		22
Long-term debt, excluding current maturities
Long-term intercompany debt	2,515		2,497
Postretirement and pension liabilities
Other non-current liabilities
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	941		601
Total equity/(deficit)	941		601
Total	3,472		3,120
Crown Cork & Seal Company Inc. | Issuer
Cash and cash equivalents
Receivables, net	9		9
Inventories
Prepaid expenses and other current assets	1
Total current assets	10		9
Intercompany debt receivables
Investments	3,729		3,448
Goodwill
Intangible assets, net
Property, plant and equipment, net
Other non-current assets	178		283
Total	3,917		3,740
Short-term debt
Current maturities of long-term debt
Accounts payable
Accrued liabilities	39		41
Total current liabilities	39		41
Long-term debt, excluding current maturities	387		387
Long-term intercompany debt	1,058		1,107
Postretirement and pension liabilities
Other non-current liabilities	331		336
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	2,102		1,869
Total equity/(deficit)	2,102		1,869
Total	3,917		3,740
Crown Cork & Seal Company Inc. | Non- Guarantors
Cash and cash equivalents	298		424
Receivables, net	1,959		1,032
Inventories	1,639		1,385
Prepaid expenses and other current assets	191		224
Total current assets	4,087		3,065
Intercompany debt receivables	3,573		3,604
Investments
Goodwill	4,495		3,046
Intangible assets, net	2,258		472
Property, plant and equipment, net	3,722		3,239
Other non-current assets	584		549
Total	18,719		13,975
Short-term debt	53		62
Current maturities of long-term debt	89		64
Accounts payable	2,507		2,367
Accrued liabilities	897		694
Total current liabilities	3,546		3,187
Long-term debt, excluding current maturities	8,541		4,830
Long-term intercompany debt
Postretirement and pension liabilities	616		588
Other non-current liabilities	549		349
Commitments and contingent liabilities
Noncontrolling interests	369		322
Crown Holdings shareholders’ equity/(deficit)	5,098		4,699
Total equity/(deficit)	5,467		5,021
Total	18,719		13,975
Eliminations | Crown Americas, LLC
Cash and cash equivalents
Receivables, net
Intercompany receivables	(70)		(45)
Inventories
Prepaid expenses and other current assets
Total current assets	(70)		(45)
Intercompany debt receivables	(6,668)		(6,580)
Investments	(7,374)		(6,631)
Goodwill
Intangible assets, net
Property, plant and equipment, net
Other non-current assets
Total	(14,112)		(13,256)
Short-term debt
Current maturities of long-term debt
Accounts payable
Accrued liabilities
Intercompany payables	(70)		(45)
Total current liabilities	(70)		(45)
Long-term debt, excluding current maturities
Long-term intercompany debt	(6,668)		(6,580)
Postretirement and pension liabilities
Other non-current liabilities
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	(7,374)		(6,631)
Total equity/(deficit)	(7,374)		(6,631)
Total	(14,112)		(13,256)
Eliminations | Crown Cork & Seal Company Inc.
Cash and cash equivalents
Receivables, net
Inventories
Prepaid expenses and other current assets
Intercompany debt receivables	(3,573)		(3,604)
Investments	(7,200)		(6,568)
Goodwill
Intangible assets, net
Property, plant and equipment, net
Other non-current assets
Total	(10,773)		(10,172)
Short-term debt
Current maturities of long-term debt
Accounts payable
Accrued liabilities
Long-term debt, excluding current maturities
Long-term intercompany debt	(3,573)		(3,604)
Postretirement and pension liabilities
Other non-current liabilities
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	(7,200)		(6,568)
Total equity/(deficit)	(7,200)		(6,568)
Total	$ (10,773)		$ (10,172)

Condensed Combining Financial_6

Condensed Combining Financial Information - Condensed Combining Statement of Cash Flows (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Net cash provided by/(used for) operating activities	$ (232)	$ (270)
Capital expenditures	(305)	(282)
Beneficial interests in transferred receivables	490	758
Acquisition of business, net of cash acquired	(3,912)	0
Proceeds from sale of property, plant and equipment	27	8
Foreign exchange derivatives related to acquisitions	(25)	0
Net investment hedge	10	0
Other	(4)	(20)
Net cash (used for) provided by investing activities	(3,719)	464
Proceeds from long-term debt	4,082	1,054
Payments of long-term debt	(56)	(1,100)
Net change in revolving credit facility and short-term debt	(27)	22
Debt issue costs	(70)	(15)
Common stock issued	1	8
Common stock repurchased	(4)	(339)
Dividend paid to noncontrolling interests	(18)	(68)
Foreign exchange derivatives related to debt	(6)	38
Net cash provided by (used for) financing activities	3,902	(400)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(32)	16
Net change in cash, cash equivalents and restricted cash	(81)	(190)
Cash, cash equivalents and restricted cash beginning balance	435	576
Cash, cash equivalents and restricted cash ending balance	354	386
Crown Americas, LLC
Net cash provided by/(used for) operating activities	(232)	(270)
Capital expenditures	(305)	(282)
Beneficial interests in transferred receivables	490	758
Acquisition of business, net of cash acquired	(3,912)
Proceeds from sale of property, plant and equipment	27	8
Intercompany investing activities	0
Foreign exchange derivatives related to acquisitions	(25)
Net investment hedge	10	(20)
Other	(4)
Net cash (used for) provided by investing activities	(3,719)	464
Proceeds from long-term debt	4,082	1,054
Payments of long-term debt	(56)	(1,100)
Net change in revolving credit facility and short-term debt	(27)	22
Debt issue costs	(70)	(15)
Common stock issued	1	8
Common stock repurchased	(4)	(339)
Proceeds from Contributed Capital	0
Dividends paid	0	0
Dividend paid to noncontrolling interests	(18)	(68)
Foreign exchange derivatives related to debt	(6)	38
Net cash provided by (used for) financing activities	3,902	(400)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(32)	16
Net change in cash, cash equivalents and restricted cash	(81)	(190)
Cash, cash equivalents and restricted cash beginning balance	435	576
Cash, cash equivalents and restricted cash ending balance	354	386
Crown Americas, LLC | Parent
Net cash provided by/(used for) operating activities	(15)	(4)
Capital expenditures
Beneficial interests in transferred receivables
Acquisition of business, net of cash acquired
Proceeds from sale of property, plant and equipment
Intercompany investing activities		235
Foreign exchange derivatives related to acquisitions
Net investment hedge
Other
Net cash (used for) provided by investing activities		235
Proceeds from long-term debt
Payments of long-term debt
Net change in revolving credit facility and short-term debt
Net change in long-term intercompany balances	18	100
Debt issue costs
Common stock issued	1	8
Common stock repurchased	(4)	(339)
Proceeds from Contributed Capital
Dividends paid
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by (used for) financing activities	15	(231)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash beginning balance
Crown Americas, LLC | Issuer
Net cash provided by/(used for) operating activities	(81)	(46)
Capital expenditures
Beneficial interests in transferred receivables
Acquisition of business, net of cash acquired
Proceeds from sale of property, plant and equipment
Intercompany investing activities	(100)
Foreign exchange derivatives related to acquisitions
Net investment hedge	10
Other
Net cash (used for) provided by investing activities	(90)
Proceeds from long-term debt	975	750
Payments of long-term debt	(20)	(1,010)
Net change in revolving credit facility and short-term debt	40	25
Net change in long-term intercompany balances	(796)	259
Debt issue costs	(40)	(14)
Common stock issued
Common stock repurchased
Proceeds from Contributed Capital
Dividends paid
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by (used for) financing activities	159	10
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Net change in cash, cash equivalents and restricted cash	(12)	(36)
Cash, cash equivalents and restricted cash beginning balance	36	83
Cash, cash equivalents and restricted cash ending balance	24	47
Crown Americas, LLC | Guarantors
Net cash provided by/(used for) operating activities	91	90
Capital expenditures	(39)	(91)
Beneficial interests in transferred receivables
Acquisition of business, net of cash acquired
Proceeds from sale of property, plant and equipment	9	1
Intercompany investing activities
Foreign exchange derivatives related to acquisitions
Net investment hedge		(20)
Other
Net cash (used for) provided by investing activities	(30)	(110)
Proceeds from long-term debt	1,150	9
Payments of long-term debt	(5)	(2)
Net change in revolving credit facility and short-term debt
Net change in long-term intercompany balances	(1,205)	13
Debt issue costs
Common stock issued
Common stock repurchased
Proceeds from Contributed Capital
Dividends paid
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by (used for) financing activities	(60)	20
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Net change in cash, cash equivalents and restricted cash	1
Cash, cash equivalents and restricted cash beginning balance	3
Cash, cash equivalents and restricted cash ending balance	4
Crown Americas, LLC | Non- Guarantors
Net cash provided by/(used for) operating activities	(216)	(233)
Capital expenditures	(266)	(191)
Beneficial interests in transferred receivables	490	758
Acquisition of business, net of cash acquired	(3,912)
Proceeds from sale of property, plant and equipment	18	7
Intercompany investing activities
Foreign exchange derivatives related to acquisitions	(25)
Net investment hedge		0
Other	(4)
Net cash (used for) provided by investing activities	(3,699)	574
Proceeds from long-term debt	1,957	295
Payments of long-term debt	(31)	(88)
Net change in revolving credit facility and short-term debt	(67)	(3)
Net change in long-term intercompany balances	1,983	(372)
Debt issue costs	(30)	(1)
Common stock issued
Common stock repurchased
Proceeds from Contributed Capital	100
Dividends paid	(11)	(312)
Dividend paid to noncontrolling interests	(18)	(68)
Foreign exchange derivatives related to debt	(6)	38
Net cash provided by (used for) financing activities	3,877	(511)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(32)	16
Net change in cash, cash equivalents and restricted cash	(70)	(154)
Cash, cash equivalents and restricted cash beginning balance	396	493
Cash, cash equivalents and restricted cash ending balance	326	339
Crown Cork & Seal Company Inc.
Net cash provided by/(used for) operating activities	(232)	(270)
Capital expenditures	(305)	(282)
Beneficial interests in transferred receivables	490	758
Acquisition of business, net of cash acquired	(3,912)
Proceeds from sale of property, plant and equipment	27	8
Foreign exchange derivatives related to acquisitions	(25)
Net investment hedge	10	(20)
Other	(4)
Net cash (used for) provided by investing activities	(3,719)	464
Proceeds from long-term debt	4,082	1,054
Payments of long-term debt	(56)	(1,100)
Net change in revolving credit facility and short-term debt	(27)	22
Net change in long-term intercompany balances		0
Debt issue costs	(70)	(15)
Common stock issued	1	8
Common stock repurchased	(4)	(339)
Dividends paid	0	0
Dividend paid to noncontrolling interests	(18)	(68)
Foreign exchange derivatives related to debt	(6)	38
Net cash provided by (used for) financing activities	3,902	(400)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(32)	16
Net change in cash, cash equivalents and restricted cash	(81)	(190)
Cash, cash equivalents and restricted cash beginning balance	435	576
Cash, cash equivalents and restricted cash ending balance	354	386
Crown Cork & Seal Company Inc. | Parent
Net cash provided by/(used for) operating activities	(15)	(4)
Capital expenditures
Beneficial interests in transferred receivables
Proceeds from sale of property, plant and equipment
Intercompany investing activities		235
Other
Net cash (used for) provided by investing activities	0	235
Proceeds from long-term debt
Payments of long-term debt
Net change in revolving credit facility and short-term debt
Net change in long-term intercompany balances	18	100
Debt issue costs
Common stock issued	1	8
Common stock repurchased	(4)	(339)
Dividends paid
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by (used for) financing activities	15	(231)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash beginning balance
Crown Cork & Seal Company Inc. | Issuer
Net cash provided by/(used for) operating activities	(67)	(23)
Capital expenditures
Beneficial interests in transferred receivables
Proceeds from sale of property, plant and equipment
Other
Net cash (used for) provided by investing activities
Proceeds from long-term debt
Payments of long-term debt
Net change in revolving credit facility and short-term debt
Net change in long-term intercompany balances	67	23
Debt issue costs
Common stock issued
Common stock repurchased
Dividends paid
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by (used for) financing activities	67	23
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash beginning balance
Crown Cork & Seal Company Inc. | Non- Guarantors
Net cash provided by/(used for) operating activities	(145)	(207)
Capital expenditures	(305)	(282)
Beneficial interests in transferred receivables	490	758
Acquisition of business, net of cash acquired	(3,912)
Proceeds from sale of property, plant and equipment	27	8
Foreign exchange derivatives related to acquisitions	(25)
Net investment hedge	10	(20)
Other	(4)
Net cash (used for) provided by investing activities	(3,719)	464
Proceeds from long-term debt	4,082	1,054
Payments of long-term debt	(56)	(1,100)
Net change in revolving credit facility and short-term debt	(27)	22
Net change in long-term intercompany balances	(85)	(123)
Debt issue costs	(70)	(15)
Common stock issued
Common stock repurchased
Dividends paid	(5)	(271)
Dividend paid to noncontrolling interests	(18)	(68)
Foreign exchange derivatives related to debt	(6)	38
Net cash provided by (used for) financing activities	3,815	(463)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(32)	16
Net change in cash, cash equivalents and restricted cash	(81)	(190)
Cash, cash equivalents and restricted cash beginning balance	435	576
Cash, cash equivalents and restricted cash ending balance	354	386
Eliminations | Crown Americas, LLC
Net cash provided by/(used for) operating activities	(11)	(77)
Capital expenditures
Beneficial interests in transferred receivables
Acquisition of business, net of cash acquired
Proceeds from sale of property, plant and equipment
Intercompany investing activities	100	(235)
Foreign exchange derivatives related to acquisitions
Net investment hedge
Other
Net cash (used for) provided by investing activities	100	(235)
Proceeds from long-term debt
Payments of long-term debt
Net change in revolving credit facility and short-term debt
Net change in long-term intercompany balances
Debt issue costs
Common stock issued
Common stock repurchased
Proceeds from Contributed Capital	(100)
Dividends paid	11	312
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by (used for) financing activities	(89)	312
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash beginning balance
Eliminations | Crown Cork & Seal Company Inc.
Net cash provided by/(used for) operating activities	(5)	(36)
Capital expenditures
Beneficial interests in transferred receivables
Proceeds from sale of property, plant and equipment
Intercompany investing activities		(235)
Other
Net cash (used for) provided by investing activities		(235)
Proceeds from long-term debt
Payments of long-term debt
Net change in revolving credit facility and short-term debt
Net change in long-term intercompany balances
Debt issue costs
Common stock issued
Common stock repurchased
Dividends paid	5	271
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by (used for) financing activities	5	271
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash beginning balance