Crown (CCK) 10-Q 29 Apr 19 2019 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2019	Apr. 26, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Entity Registrant Name	CROWN HOLDINGS INC
Entity Central Index Key	0001219601
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		135,338,696

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income Statement [Abstract]
Net sales	$ 2,755	$ 2,197
Cost of products sold, excluding depreciation and amortization	2,210	1,808
Depreciation and amortization	122	65
Selling and administrative expense	157	90
Restructuring and other	4	13
Income from operations	262	221
Loss from early extinguishments of debt	(6)	0
Other pension and postretirement	(18)	(17)
Interest expense	98	74
Interest income	(3)	(6)
Foreign exchange	1	18
Income before income taxes	178	152
Provision for income taxes	48	39
Equity earnings / (loss) in affiliates	1	0
Net income	131	113
Net income attributable to noncontrolling interests	(28)	(23)
Net income attributable to Crown Holdings	$ 103	$ 90
Earnings per common share attributable to Crown Holdings:
Basic (in usd per share)	$ 0.77	$ 0.67
Diluted (in usd per share)	$ 0.77	$ 0.67

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 131	$ 113
Other comprehensive income, net of tax:
Foreign currency translation adjustments	59	82
Pension and other postretirement benefits	14	11
Derivatives qualifying as hedges	12	(32)
Total other comprehensive income	85	61
Total comprehensive income	216	174
Net income attributable to noncontrolling interests	(28)	(23)
Translation adjustments attributable to noncontrolling interests	0	(1)
Comprehensive income attributable to Crown Holdings	$ 188	$ 150

Consolidated Balance Sheets (Co

Consolidated Balance Sheets (Condensed) - USD ($) $ in Millions	Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 301		$ 607
Receivables, net	1,686		1,602
Inventories	1,851		1,690
Prepaid expenses and other current assets	186		180
Total current assets	4,024		4,079
Goodwill	4,418		4,442
Intangible assets, net	2,136		2,193
Property, plant and equipment, net	3,734		3,745
Operating lease right-of-use assets, net	213	$ 220
Other non-current assets	832		803
Total	15,357		15,262
Current liabilities
Short-term debt	125		89
Current maturities of long-term debt	83		81
Current portion of operating lease liabilities	47
Accounts payable	2,223		2,732
Accrued liabilities	864		1,011
Total current liabilities	3,342		3,913
Long-term debt, excluding current maturities	8,814		8,493
Current portion of operating lease liabilities	167
Postretirement and pension liabilities	671		683
Other non-current liabilities	861		887
Commitments and contingent liabilities
Noncontrolling interests	368		349
Crown Holdings shareholders’ equity	1,134		937
Total equity	1,502		1,286	$ 1,112	$ 923
Total	$ 15,357		$ 15,262

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Condensed) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities
Net income	$ 131	$ 113
Adjustments to reconcile net income to net cash used for operating activities:
Depreciation and amortization	122	65
Restructuring and other	4	13
Foreign exchange	1	18
Pension (benefit) / expense	(2)	1
Pension contributions	(7)	(5)
Stock-based compensation	8	6
Changes in assets and liabilities:
Receivables	(91)	(364)
Inventories	(171)	(169)
Accounts payable and accrued liabilities	(612)	(445)
Other, net	(49)	16
Net cash used for operating activities	(666)	(751)
Cash flows from investing activities
Capital expenditures	(75)	(92)
Beneficial interests in transferred receivables	0	175
Proceeds from sale of property, plant and equipment	5	0
Foreign exchange derivatives related to acquisitions	0	(25)
Net investment hedge	6	0
Net cash (used for) provided by investing activities	(64)	58
Cash flows from financing activities
Proceeds from long-term debt	0	1,912
Payments of long-term debt	(281)	(13)
Net change in revolving credit facility and short-term debt	731	576
Payments of finance leases	(14)
Debt issue costs	0	(29)
Common stock issued	2	0
Common stock repurchased	(1)	(1)
Dividends paid to noncontrolling interests	(9)	0
Foreign exchange derivatives related to debt	(11)	10
Net cash provided by financing activities	417	2,455
Effect of exchange rate changes on cash, cash equivalents and restricted cash	2	14
Net change in cash, cash equivalents and restricted cash	(311)	1,776
Cash, cash equivalents and restricted cash beginning balance	659	435
Cash, cash equivalents and restricted cash ending balance	$ 348	$ 2,211

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	$ 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	90			90			90
Net income attributable to noncontrolling interests	23							23
Net income	113
Other comprehensive income	61				60		60	1
Stock-based compensation	6		6				6
Common stock repurchased	(1)		(1)				(1)
Balance at end of period at Mar. 31, 2018	1,112	929	172	3,100	(3,178)	(258)	765	347
Balance at beginning of period at Dec. 31, 2018	1,286	929	186	3,449	(3,374)	(253)	937	349
Net income attributable to Crown Holdings	103			103			103
Net income attributable to noncontrolling interests	28							28
Net income	131
Other comprehensive income	85				85		85
Dividends paid to noncontrolling interests	(9)							(9)
Restricted stock awarded	0		(1)			1
Stock-based compensation	8		8				8
Common stock issued	2		2				2
Common stock repurchased	(1)		(1)				(1)
Balance at end of period at Mar. 31, 2019	$ 1,502	$ 929	$ 194	$ 3,552	$ (3,289)	$ (252)	$ 1,134	$ 368

Statement of Information Furnis

Statement of Information Furnished	3 Months Ended
	Mar. 31, 2019
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 March 31, 2019 and the results of its operations for the three months ended March 31, 2019 and 2018 and of its cash flows for the three months ended March 31, 2019 and 2018 . 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, 2018 .

Accounting and Reporting Develo

Accounting and Reporting Developments	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Accounting and Reporting Developments	Accounting and Reporting Developments Recently Adopted 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 previous guidance; however, all leases with a term longer than one year are recorded on the balance sheet through a right-of-use asset and a corresponding lease liability. The Company adopted the standard on a modified retrospective basis on January 1, 2019. In addition, the Company elected the package of practical expedients, which allowed the Company to carryforward its historical assessments of whether contracts are or contain leases, lease classification and initial direct costs. Adoption of this standard resulted in the recording of operating right-of-use assets and corresponding operating lease liabilities of approximately $220 . Finance leases were already recorded on the balance sheet under the previous guidance in current and long-term maturities of long-term debt. Upon adoption of this standard $5 was reclassified to accrued liabilities and $24 was reclassified to other non-current liabilities. The Company reclassified prior period amounts to conform to the current year presentation. See Note C for further information on the Company's lease arrangements. In February 2018, the FASB issued new accounting guidance to permit the reclassification from accumulated other comprehensive earnings to retained earnings of stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017 (the "Tax Act"). The Company adopted the guidance on January 1, 2019 and elected not to reclassify stranded tax effects resulting from the Tax Act. Recently Issued Accounting Standards In June 2016, the FASB issued new guidance on the accounting for credit losses on financial instruments. The new standard introduces an approach, based on expected losses, to estimate credit losses on certain types of financial instruments. The new approach to estimating credit losses (referred to as the current expected credit losses model) applies to most financial assets measured at amortized cost and certain other instruments, including trade and other receivables, loans, held-to-maturity debt securities, net investments in leases and off-balance-sheet credit exposures. This guidance is effective for the Company on January 1, 2020. The Company is currently evaluating the impact of adopting this standard.

Leases

Leases	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Leases	Leases The Company has operating and finance leases for land and buildings related to certain manufacturing facilities, warehouses and corporate offices, vehicle fleets and certain office and manufacturing equipment. Leases with an initial term of 12 months or less are not recorded on the balance sheet. The Company's lease terms include options to extend the lease when it is reasonably certain that the Company will exercise the option. Variable lease payment amounts that cannot be determined at commencement of the lease, such as increases in index rates, are not included in the measurement of the lease liabilities and corresponding right-of-use assets and are recognized in the period those payments are incurred. The Company separates lease and non-lease components of lease arrangements and allocates contract consideration based on standalone selling prices. Variable consideration is allocated to the lease and non-lease components to which the variable payments specifically relate to. The discount rate implicit within the Company's leases is often not determinable and therefore the Company generally uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of the lease payments. The incremental borrowing rate is determined based on lease term and currency in which lease payments are made. The Company's leases do not contain any material residual value guarantees or material restrictive covenants. At March 31, 2019, the Company does not have material lease commitments that have not commenced. The components of lease expense were as follows: Three months ended March 31, 2019 Operating lease costs: Operating lease cost $ 13 Short-term lease cost 2 Total operating lease costs $ 15 Finance lease cost: Amortization of right-of-use assets $ 1 Variable operating lease costs and interest on finance lease liabilities were less than $1 for the three months ended March 31, 2019. Supplemental cash flow information related to leases was as follows: Three months ended March 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 14 Financing cash flows from finance leases 14 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 5 Operating cash flows from finance leases were less than $1 for the three months ended March 31, 2019. Supplemental balance sheet information related to leases was as follows: March 31, 2019 Operating Leases: Operating lease right-of-use assets $ 213 Current portion of operating lease liabilities $ 47 Non-current portion of operating lease liabilities 167 Total operating lease liabilities $ 214 Finance leases: Property, plant and equipment $ 28 Accumulated depreciation (2 ) Property, plant and equipment, net $ 26 Accrued liabilities $ 2 Other non-current liabilities 13 Total finance lease liabilities $ 15 Weighted average remaining lease term: Operating leases 9.6 years Finance leases 7.6 years Weighted average discount rate: Operating leases 4.2 % Finance leases 3.7 % Maturities of lease liabilities as of March 31, 2019 were as follows: Operating Leases Finance Leases 2019 $ 43 $ 2 2020 42 3 2021 32 2 2022 24 2 2023 20 2 Thereafter 115 6 Total lease payments 276 17 Less imputed interest (62 ) (2 ) Total $ 214 $ 15 Maturities of lease liabilities as of December 31, 2018 were as follows: Operating Leases Finance Leases 2019 $ 54 $ 5 2020 42 5 2021 34 5 2022 26 4 2023 21 4 Thereafter 117 6 Total lease payments $ 294 $ 29
Leases	Leases The Company has operating and finance leases for land and buildings related to certain manufacturing facilities, warehouses and corporate offices, vehicle fleets and certain office and manufacturing equipment. Leases with an initial term of 12 months or less are not recorded on the balance sheet. The Company's lease terms include options to extend the lease when it is reasonably certain that the Company will exercise the option. Variable lease payment amounts that cannot be determined at commencement of the lease, such as increases in index rates, are not included in the measurement of the lease liabilities and corresponding right-of-use assets and are recognized in the period those payments are incurred. The Company separates lease and non-lease components of lease arrangements and allocates contract consideration based on standalone selling prices. Variable consideration is allocated to the lease and non-lease components to which the variable payments specifically relate to. The discount rate implicit within the Company's leases is often not determinable and therefore the Company generally uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of the lease payments. The incremental borrowing rate is determined based on lease term and currency in which lease payments are made. The Company's leases do not contain any material residual value guarantees or material restrictive covenants. At March 31, 2019, the Company does not have material lease commitments that have not commenced. The components of lease expense were as follows: Three months ended March 31, 2019 Operating lease costs: Operating lease cost $ 13 Short-term lease cost 2 Total operating lease costs $ 15 Finance lease cost: Amortization of right-of-use assets $ 1 Variable operating lease costs and interest on finance lease liabilities were less than $1 for the three months ended March 31, 2019. Supplemental cash flow information related to leases was as follows: Three months ended March 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 14 Financing cash flows from finance leases 14 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 5 Operating cash flows from finance leases were less than $1 for the three months ended March 31, 2019. Supplemental balance sheet information related to leases was as follows: March 31, 2019 Operating Leases: Operating lease right-of-use assets $ 213 Current portion of operating lease liabilities $ 47 Non-current portion of operating lease liabilities 167 Total operating lease liabilities $ 214 Finance leases: Property, plant and equipment $ 28 Accumulated depreciation (2 ) Property, plant and equipment, net $ 26 Accrued liabilities $ 2 Other non-current liabilities 13 Total finance lease liabilities $ 15 Weighted average remaining lease term: Operating leases 9.6 years Finance leases 7.6 years Weighted average discount rate: Operating leases 4.2 % Finance leases 3.7 % Maturities of lease liabilities as of March 31, 2019 were as follows: Operating Leases Finance Leases 2019 $ 43 $ 2 2020 42 3 2021 32 2 2022 24 2 2023 20 2 Thereafter 115 6 Total lease payments 276 17 Less imputed interest (62 ) (2 ) Total $ 214 $ 15 Maturities of lease liabilities as of December 31, 2018 were as follows: Operating Leases Finance Leases 2019 $ 54 $ 5 2020 42 5 2021 34 5 2022 26 4 2023 21 4 Thereafter 117 6 Total lease payments $ 294 $ 29

Acquisition of Signode

Acquisition of Signode	3 Months Ended
	Mar. 31, 2019
Business Combinations [Abstract]
Acquisition of Signode	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 company finalized its purchase accounting for the Signode acquisition in the first quarter of 2019. There were no material adjustments to the preliminary valuation of identifiable assets acquired and liabilities assumed as compared to the amounts disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2018.

Revenue

Revenue	3 Months Ended
	Mar. 31, 2019
Revenue from Contract with Customer [Abstract]
Revenue	Revenue For the three months ended March 31, 2019 and 2018, the Company recognized revenue of $1,365 and $1,428 over time and $1,390 and $769 at a point in time. See Note S for further disaggregation of the Company's revenue. 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. 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 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 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. Contract assets and liabilities are reported in a net position on a contract-by-contract basis. Net contract assets were as follows: March 31, 2019 December 31, 2018 Contract assets included in prepaid and other current assets $ 20 $ 16 Contract liabilities included in accrued liabilities (3 ) (3 ) Contract liabilities included in other non-current liabilities (4 ) (5 ) Net contract asset $ 13 $ 8 During the three months ended March 31, 2018, the Company recognized revenue of $1 related to contract liabilities at December 31, 2018 for performance obligations satisfied during the period.

Receivables

Receivables	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Receivables	Receivables March 31, 2019 December 31, 2018 Accounts receivable $ 1,330 $ 1,303 Less: allowance for doubtful accounts (64 ) (65 ) Net trade receivables 1,266 1,238 Unbilled receivables 217 181 Miscellaneous receivables 203 183 Receivables, net $ 1,686 $ 1,602

Inventories

Inventories	3 Months Ended
	Mar. 31, 2019
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. March 31, 2019 December 31, 2018 Raw materials and supplies $ 959 $ 937 Work in process 167 144 Finished goods 725 609 $ 1,851 $ 1,690

Restricted Cash

Restricted Cash	3 Months Ended
	Mar. 31, 2019
Restricted Cash [Abstract]
Restricted Cash	Restricted Cash Restricted cash included in the Company's Consolidated Balance Sheets was as follows: March 31, 2019 December 31, 2018 Restricted cash included in prepaid expenses and other current assets 40 45 Restricted cash included in other non-current assets 7 7 Total restricted cash $ 47 $ 52 Amounts included in restricted cash primarily represent amounts required to be segregated by certain of the Company's receivables securitization agreements.

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets Gross carrying amounts and accumulated amortization of finite-lived intangible assets by major class were as follows: March 31, 2019 December 31, 2018 Gross Accumulated amortization Net Gross Accumulated amortization Net Customer relationships $ 1,607 $ (236 ) $ 1,371 $ 1,615 $ (206 ) $ 1,409 Trade names 541 (23 ) 518 547 (17 ) 530 Technology 158 (23 ) 135 160 (18 ) 142 Long term supply contracts 146 (40 ) 106 143 (37 ) 106 Patents $ 14 $ (8 ) $ 6 $ 14 $ (8 ) $ 6 $ 2,466 $ (330 ) $ 2,136 $ 2,479 $ (286 ) $ 2,193 Total amortization expense of intangible assets was $47 and $11 for the three months ended March 31, 2019 and 2018.

Restructuring and Other

Restructuring and Other	3 Months Ended
	Mar. 31, 2019
Restructuring Reserve [Abstract]
Restructuring and Other	Restructuring and Other The Company recorded restructuring and other charges / (benefits) as follows: Three Months Ended March 31, 2019 2018 Asset impairments and sales $ 4 $ 7 Restructuring 9 3 Transaction costs — 3 Other income (9 ) — $ 4 $ 13 For the three months ended March 31, 2019, asset impairments and sales included an impairment charge of $6 related to a fire at a production facility in Asia and restructuring included a charge of $8 related to headcount reductions across the Company's European Division. Other income related to a favorable court ruling in a lawsuit brought by one of the Company's Brazilian subsidiaries claiming it was overcharged by the local tax authorities for indirect taxes paid in prior years. Certain other Brazilian subsidiaries of the Company have similar suits pending in other jurisdictions. At March 31, 2019 , the Company had restructuring accruals of $25 , primarily related to current and prior year actions to reduce manufacturing capacity and headcount in its European businesses. The Company expects to pay these amounts 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 restructuring charges in the future.

Asbestos-Related Liabilities

Asbestos-Related Liabilities	3 Months Ended
	Mar. 31, 2019
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 three months ended March 31, 2019 , the Company paid $1 to settle outstanding claims and had claims activity as follows: Beginning claims 56,000 New claims 500 Settlements or dismissals (500 ) Ending claims 56,000 In the fourth quarter of each year, the Company performs an analysis of outstanding claims and categorizes these claims by year of exposure and state filed. As of December 31, 2018 , 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 19,000 Total claims outstanding 56,000 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: 2018 2017 2016 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 March 31, 2019 . As of March 31, 2019 , the Company’s accrual for pending and future asbestos-related claims and related legal costs was $ 292 , including $ 244 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 2018 ), 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	3 Months Ended
	Mar. 31, 2019
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 $8 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. CBP initially assessed a penalty of $18 and subsequently mitigated to $6 . 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 March 31, 2019 , 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	3 Months Ended
	Mar. 31, 2019
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 N 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 March 31, 2019 mature between one and thirty-six 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) recognized in OCI Three Months Ended March 31, Derivatives in cash flow hedges 2019 2018 Foreign exchange $ (4 ) $ (3 ) Commodities 10 (23 ) $ 6 $ (26 ) Amount of gain/ (loss) reclassified from AOCI into income Three Months Ended March 31, Affected line items in the Derivatives in cash flow hedges 2019 2018 Statement of Operations Foreign exchange $ (1 ) $ — Net sales Commodities 3 (2 ) Net sales Foreign exchange — — Cost of products sold Commodities (10 ) 10 Cost of products sold (8 ) 8 Income before taxes 2 (2 ) Provision for income taxes $ (6 ) $ 6 Net Income For the twelve-month period ending March 31, 2020, a net loss of $12 ( $10 , net of tax) is expected to be reclassified to earnings. No amounts were reclassified during the three months ended March 31, 2019 and 2018 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 months ended March 31, 2019, the Company recorded a gain of less than $1 from foreign exchange contracts designated as fair value hedges. For the three months ended March 31, 2018, the Company recorded 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/ (loss) recognized in income on derivative Three Months Ended March 31, Affected line item in the Derivatives not designated as hedges 2019 2018 Statement of Operations Foreign exchange $ (1 ) $ — Net sales Foreign exchange 1 1 Cost of products sold Foreign exchange (15 ) 5 Foreign exchange $ (15 ) $ 6 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 months ended March 31, 2019 and 2018, the Company recorded a gain of $28 ( $28 , net of tax) and a loss of $35 ( $31 , 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. As of March 31, 2019 and December 31, 2018, cumulative losses of $31 and $59 ( $8 and $36 , net of tax) were recognized in accumulated other comprehensive income related to these net investment hedges. As of March 31, 2019, the carrying amount of the hedged net investment was approximately €1,178 ( $1,322 at March 31, 2019). In January 2018, the Company entered into a series of cross-currency swaps with an aggregate notional of $875 ( €718 ). The swaps were designated as a hedge of net investment for financial reporting purposes. Under the cross-currency interest rate contracts, the Company received semi-annual fixed U.S. dollar payments at a rate of 4.75% of the U.S. notional value and paid 2.50% on the euro notional value. The Company settled these swaps in November 2018. In November 2018, the Company entered into a series of cross-currency swaps with an aggregate notional value of $875 ( €768 ). The swaps are designated as hedges of the Company's net investment in a euro-based subsidiary. Under the cross-currency contracts, the Company receives semi-annual fixed U.S. dollar payments at a rate of 4.75% of the U.S. notional value and pays 1.84% 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 the impact on OCI from changes in the fair value of derivative instruments designated as net investment hedges. Amount of gain/(loss) recognized in OCI Three months ended March 31, Derivatives designated as net investment hedges 2019 2018 Foreign exchange $ 26 $ (28 ) 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 March 31, 2019 and December 31, 2018 , respectively. The fair values of these financial instruments were reported under Level 2 of the fair value hierarchy. Balance Sheet classification March 31, December 31, 2018 Balance Sheet classification March 31, December 31, 2018 Derivatives designated as hedging instruments Foreign exchange contracts cash flow Other current assets $ 7 $ 6 Accrued liabilities $ 10 $ 5 Other non-current assets 1 3 Other non-current liabilities — 1 Foreign exchange contracts fair value Other current assets 1 1 Accrued liabilities — 1 Commodities contracts cash flow Other current assets 14 16 Accrued liabilities 23 42 Other non-current assets 2 2 Other non-current liabilities 2 6 Net investment hedge Other non-current assets 34 15 Other non-current liabilities — — $ 59 $ 43 $ 35 $ 55 Derivatives not designated as hedging instruments Foreign exchange contracts Other current assets $ 5 $ 4 Accrued liabilities $ 9 $ 4 Other non-current assets 2 — Other non-current liabilities 1 — $ 7 $ 4 $ 10 $ 4 Total derivatives $ 66 $ 47 $ 45 $ 59 Fair Value Hedge Carrying Amounts Carrying amount of the hedged assets/(liabilities) March 31, December 31, Line item in the Balance Sheet in which the hedged item is included Cash and cash equivalents $ 6 $ 1 Receivables, net 13 15 Accounts payable (64 ) (13 ) As of March 31, 2019 , the cumulative amounts of fair value hedging adjustments included in the carrying amount of the hedge assets and liabilities were a gain of $1 . As of December 31, 2018 , 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 March 31, 2019 Derivative assets $66 $17 $49 Derivative liabilities 45 17 28 Balance at December 31, 2018 Derivative assets 47 19 28 Derivative liabilities 59 19 40 Notional Values of Outstanding Derivative Instruments The aggregate U.S. dollar-equivalent notional values of outstanding derivative instruments in the Consolidated Balance Sheets at March 31, 2019 and December 31, 2018 were: March 31, 2019 December 31, 2018 Derivatives in cash flow hedges: Foreign exchange $ 686 $ 820 Commodities 416 428 Derivatives in fair value hedges: Foreign exchange 115 74 Derivatives not designated as hedges: Foreign exchange 745 796

Debt

Debt	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Debt	Debt The Company's outstanding debt was as follows: March 31, 2019 December 31, 2018 Principal Carrying Principal Carrying outstanding amount outstanding amount Short-term debt $ 125 $ 125 $ 89 $ 89 Long-term debt Senior secured borrowings: Revolving credit facilities 687 687 — — Term loan facilities U.S. dollar at LIBOR + 1.75% due 2022 810 806 815 810 U.S. dollar at LIBOR + 2.00% due 2025 617 607 887 864 Euro at EURIBOR + 1.75% due 2022 1 293 293 301 301 Euro at EURIBOR + 2.375% due 2025 2 835 823 855 846 Senior notes and debentures: €650 at 4.0% due 2022 729 724 745 740 U. S. dollar at 4.50% due 2023 1,000 994 1,000 993 €335 at 2.25% due 2023 376 371 384 380 €600 at 2.625% due 2024 673 667 688 682 €600 at 3.375% due 2025 673 667 688 681 U.S. dollar at 4.25% due 2026 400 394 400 394 U.S. dollar at 4.75% due 2026 875 863 875 863 U.S. dollar at 7.375% due 2026 350 348 350 348 €500 at 2.875% due 2026 561 553 573 566 U.S. dollar at 7.50% due 2096 40 40 40 40 Other indebtedness in various currencies 60 60 66 66 Total long-term debt 8,979 8,897 8,667 8,574 Less current maturities (83 ) (83 ) (81 ) (81 ) Total long-term debt, less current maturities $ 8,896 $ 8,814 $ 8,586 $ 8,493 (1) €261 and €263 at March 31, 2019 and December 31, 2018 (2) €744 and €746 at March 31, 2019 and December 31, 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 $9,299 at March 31, 2019 and $8,735 at December 31, 2018 .

Pension and Other Postretiremen

Pension and Other Postretirement Benefits	3 Months Ended
	Mar. 31, 2019
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 months ended March 31, 2019 and 2018 were as follows: Three Months Ended March 31, Pension benefits – U.S. plans 2019 2018 Service cost $ 5 $ 4 Interest cost 13 12 Expected return on plan assets (18 ) (21 ) Recognized net loss 14 12 Net periodic cost $ 14 $ 7 Three Months Ended March 31, Pension benefits – Non-U.S. plans 2019 2018 Service cost $ 4 $ 7 Interest cost 19 19 Expected return on plan assets (35 ) (40 ) Curtailment gain (14 ) — Recognized prior service credit — (3 ) Recognized net loss 10 11 Net periodic benefit $ (16 ) $ (6 ) Three Months Ended March 31, Other postretirement benefits 2019 2018 Service cost $ — $ — Interest cost 1 1 Recognized prior service credit (9 ) (9 ) Recognized net loss 1 1 Net periodic benefit $ (7 ) $ (7 ) In the three months ended March 31, 2019, the Company recorded a curtailment gain to recognize prior service credits that were previously recorded in accumulated other comprehensive income in connection with the closure of a non-U.S. defined benefit pension plan. Additionally, the Company may incur future settlement charges in 2019 related to the payment of lump sum buy-outs to settle certain pension obligations using plan assets. 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 Details about accumulated other March 31, Affected line item in the comprehensive income components 2019 2018 statement of operations Actuarial losses $ 25 $ 24 Other pension and postretirement Prior service credit (23 ) (12 ) Other pension and postretirement 2 12 Income before taxes (1 ) (1 ) Provision for income taxes Total reclassified $ 1 $ 11 Net income

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2019
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, 2018 $ (1,583 ) $ (1,681 ) $ 23 $ (3,241 ) Cumulative effect of change in accounting principle — — 3 3 Other comprehensive income before reclassifications — 81 (26 ) 55 Amounts reclassified from accumulated other comprehensive income 11 — (6 ) 5 Other comprehensive income (loss) 11 81 (29 ) 63 Balance at March 31, 2018 $ (1,572 ) $ (1,600 ) $ (6 ) $ (3,178 ) Balance at January 1, 2019 $ (1,533 ) $ (1,817 ) $ (24 ) $ (3,374 ) Other comprehensive income before reclassifications 13 59 6 78 Amounts reclassified from accumulated other comprehensive income 1 — 6 7 Other comprehensive income 14 59 12 85 Balance at March 31, 2019 $ (1,519 ) $ (1,758 ) $ (12 ) $ (3,289 ) See Note M and Note O 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	3 Months Ended
	Mar. 31, 2019
Share-based Compensation [Abstract]
Stock-Based Compensation	Stock-Based Compensation A summary of restricted and deferred stock transactions during the three months ended March 31, 2019 is as follows: Number of shares Non-vested stock awards outstanding at January 1, 2019 2,142,743 Awarded: Time-vesting shares 108,525 Performance-based shares 202,876 Released: Time-vesting shares (68,923 ) Forfeitures: Time-vesting shares (12,000 ) Performance-based shares (129,207 ) Non-vested stock awards outstanding at March 31, 2019 2,244,014 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 three months ended March 31, 2019 were $43.07 for the time-vesting stock awards and $46.08 for the performance-based stock awards. The fair value of the performance-based shares subject to a market condition awarded in 2019 was calculated using a Monte Carlo valuation model, including a weighted average stock price volatility of 21.4% , an expected term of three years, and a weighted average risk-free interest rate of 2.45% . As of March 31, 2019 , unrecognized compensation cost related to outstanding non-vested stock awards was $76 . The weighted average period over which the expense is expected to be recognized is 3.3 years. The aggregate market value of the shares released on the vesting dates was $3 for the three months ended March 31, 2019.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2019
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 March 31, 2019 2018 Net income attributable to Crown Holdings $ 103 $ 90 Weighted average shares outstanding: Basic 133.8 133.5 Dilutive stock options and restricted stock 0.6 0.3 Diluted 134.4 133.8 Basic earnings per share $ 0.77 $ 0.67 Diluted earnings per share $ 0.77 $ 0.67 For the three months ended March 31, 2019 , and 2018, there were 0.2 million contingently issuable common shares excluded from the computation of diluted earnings per share because the effect would be anti-dilutive.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2019
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. The Company defines segment income as income from operations adjusted to exclude intangibles amortization charges, provisions for asbestos and restructuring and other and the impact of fair value adjustments related to the sale of inventory acquired in an acquisition. Segment income should not be considered in isolation or as a substitute for net income 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 Three Months Ended March 31, 2019 2018 Americas Beverage $ 788 $ 758 European Beverage 339 371 European Food 423 428 Asia Pacific 321 337 Transit Packaging 569 — Total reportable segments 2,440 1,894 Non-reportable segments 315 303 Total $ 2,755 $ 2,197 The primary sources of revenue included in non-reportable segments are the Company's food can and closures business in North America, aerosol can businesses in North America and Europe, its promotional packaging business in Europe and its tooling and equipment operations in the U.S. and U.K. Intersegment Sales Three Months Ended March 31, 2019 2018 Americas Beverage $ 4 $ 10 European Beverage 1 — European Food 18 22 Transit Packaging 3 — Total reportable segments 26 32 Non-reportable segments 26 27 Total $ 52 $ 59 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 Three Months Ended March 31, 2019 2018 Americas Beverage $ 113 $ 98 European Beverage 39 55 European Food 48 56 Asia Pacific 45 44 Transit Packaging 73 — Total reportable segments $ 318 $ 253 A reconciliation of segment income of reportable segments to income before income taxes is as follows: Three Months Ended March 31, 2019 2018 Segment income of reportable segments $ 318 $ 253 Segment income of non-reportable segments 36 31 Corporate and unallocated items (39 ) (39 ) Restructuring and other (4 ) (13 ) Amortization of intangibles (47 ) (11 ) Accelerated depreciation (2 ) — Other pension and postretirement 18 17 Loss from early extinguishments of debt (6 ) — Interest expense (98 ) (74 ) Interest income 3 6 Foreign exchange (1 ) (18 ) Income before income taxes $ 178 $ 152 For the three months ended March 31, 2019, and 2018, intercompany profits of $1 were eliminated within segment income of non-reportable segments. Corporate and unallocated items includes corporate and division administrative costs, technology costs and fair value adjustments for the sale of inventory acquired in an acquisition.

Condensed Combining Financial I

Condensed Combining Financial Information	3 Months Ended
	Mar. 31, 2019
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. The following condensed combining financial statements: • statements of comprehensive income for the three months ended March 31, 2019 and 2018 , • balance sheets as of March 31, 2019 and December 31, 2018 , and • statements of cash flows for the three months ended March 31, 2019 and 2018 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 March 31, 2019 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 2,755 $ 2,755 Cost of products sold, excluding depreciation and amortization 2,210 2,210 Depreciation and amortization 122 122 Selling and administrative expense $ 1 156 157 Restructuring and other 4 4 Income from operations — (1 ) 263 262 Loss from early extinguishments of debt 6 6 Other pension and postretirement 2 (20 ) (18 ) Net interest expense 18 77 95 Foreign exchange 1 1 Income/(loss) before income taxes — (21 ) 199 178 Provision for / (benefit from) income taxes (4 ) 52 48 Equity earnings / (loss) in affiliates $ 103 104 1 $ (207 ) 1 Net income 103 87 148 (207 ) 131 Net income attributable to noncontrolling interests (28 ) (28 ) Net income attributable to Crown Holdings $ 103 $ 87 $ 120 $ (207 ) $ 103 Total comprehensive income $ 188 $ 170 $ 233 $ (375 ) $ 216 Comprehensive income attributable to noncontrolling interests (28 ) (28 ) Comprehensive income attributable to Crown Holdings $ 188 $ 170 $ 205 $ (375 ) $ 188 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended March 31, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 2,197 $ 2,197 Cost of products sold, excluding depreciation and amortization 1,808 1,808 Depreciation and amortization 65 65 Selling and administrative expense $ 2 88 90 Restructuring and other 13 13 Income from operations (2 ) 223 221 Other pension and postretirement (17 ) (17 ) Net interest expense 19 49 68 Foreign exchange 18 18 Income/(loss) before income taxes (21 ) 173 152 Provision for / (benefit from) income taxes (4 ) 43 39 Equity earnings / (loss) in affiliates $ 90 95 $ (185 ) — Net income 90 78 130 (185 ) 113 Net income attributable to noncontrolling interests (23 ) (23 ) Net income attributable to Crown Holdings $ 90 $ 78 $ 107 $ (185 ) $ 90 Total comprehensive income $ 150 $ 47 $ 191 $ (214 ) $ 174 Comprehensive income attributable to noncontrolling interests (24 ) (24 ) Comprehensive income attributable to Crown Holdings $ 150 $ 47 $ 167 $ (214 ) $ 150 CONDENSED COMBINING BALANCE SHEET As of March 31, 2019 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 301 $ 301 Receivables, net $ 9 1,677 1,686 Inventories 1,851 1,851 Prepaid expenses and other current assets $ 2 1 183 186 Total current assets 2 10 4,012 4,024 Intercompany debt receivables 3,562 $ (3,562 ) — Investments 3,647 3,950 (7,597 ) — Goodwill 4,418 4,418 Intangible assets, net 2,136 2,136 Property, plant and equipment, net 3,734 3,734 Operating lease right-of-use assets, net 213 213 Other non-current assets 147 685 832 Total $ 3,649 $ 4,107 $ 18,760 $ (11,159 ) $ 15,357 Liabilities and equity Current liabilities Short-term debt $ 125 $ 125 Current maturities of long-term debt 83 83 Current portion of operating lease liabilities 47 47 Accounts payable 2,223 2,223 Accrued liabilities $ 8 $ 34 822 864 Total current liabilities 8 34 3,300 3,342 Long-term debt, excluding current maturities 388 8,426 8,814 Long-term intercompany debt 2,507 1,055 $ (3,562 ) — Non-current portion of operating lease liabilities 167 167 Postretirement and pension liabilities 671 671 Other non-current liabilities 325 536 861 Commitments and contingent liabilities Noncontrolling interests 368 368 Crown Holdings shareholders’ equity/(deficit) 1,134 2,305 5,292 (7,597 ) 1,134 Total equity/(deficit) 1,134 2,305 5,660 (7,597 ) 1,502 Total $ 3,649 $ 4,107 $ 18,760 $ (11,159 ) $ 15,357 CONDENSED COMBINING BALANCE SHEET As of December 31, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 607 $ 607 Receivables, net $ 9 1,593 1,602 Inventories 1,690 1,690 Prepaid expenses and other current assets $ 1 1 178 180 Total current assets 1 10 4,068 4,079 Intercompany debt receivables 3,561 $ (3,561 ) — Investments $ 3,458 $ 3,764 (7,222 ) — Goodwill 4,442 4,442 Intangible assets, net 2,193 2,193 Property, plant and equipment, net 3,745 3,745 Other non-current assets 156 647 803 Total $ 3,459 $ 3,930 $ 18,656 $ (10,783 ) $ 15,262 Liabilities and equity Current liabilities Short-term debt $ 89 $ 89 Current maturities of long-term debt 81 81 Accounts payable 2,732 2,732 Accrued liabilities $ 14 $ 30 967 1,011 Total current liabilities 14 30 3,869 3,913 Long-term debt, excluding current maturities 388 8,105 8,493 Long-term intercompany debt 2,508 1,053 $ (3,561 ) — Postretirement and pension liabilities 683 683 Other non-current liabilities 325 562 887 Commitments and contingent liabilities Noncontrolling interests 349 349 Crown Holdings shareholders’ equity/(deficit) 937 2,134 5,088 (7,222 ) 937 Total equity/(deficit) 937 2,134 5,437 (7,222 ) 1,286 Total $ 3,459 $ 3,930 $ 18,656 $ (10,783 ) $ 15,262 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the three months ended March 31, 2019 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ — $ (2 ) $ (662 ) $ (2 ) $ (666 ) Cash flows from investing activities Capital expenditures (75 ) (75 ) Proceeds from sale of property, plant and equipment 5 5 Net investment hedge 6 6 Net cash provided by/(used for) investing activities — (64 ) — (64 ) Cash flows from financing activities Payments of long-term debt (281 ) (281 ) Net change in revolving credit facility and short-term debt 731 731 Net change in long-term intercompany balances (1 ) 2 (2 ) (1 ) Payments of finance leases (14 ) (14 ) Common stock issued 2 2 Common stock repurchased (1 ) (1 ) Dividends paid (2 ) 2 — Dividend paid to noncontrolling interests (9 ) (9 ) Foreign exchange derivatives related to debt (11 ) (11 ) Net cash provided by/(used for) financing activities — 2 412 2 416 Effect of exchange rate changes on cash, cash equivalents and restricted cash 2 2 Net change in cash, cash equivalents and restricted cash — — (312 ) — (312 ) Cash, cash equivalents and restricted cash at January 1 659 659 Cash, cash equivalents and restricted cash at March 31 $ — $ — $ 347 $ — $ 347 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the three months ended March 31, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (22 ) $ (21 ) $ (708 ) $ — $ (751 ) Cash flows from investing activities Capital expenditures (92 ) (92 ) Beneficial interests in transferred receivables 175 175 Foreign exchange derivatives related to acquisitions (25 ) (25 ) Net cash provided by/(used for) investing activities — 58 — 58 Cash flows from financing activities Proceeds from long-term debt 1,912 1,912 Payments of long-term debt (13 ) (13 ) Net change in revolving credit facility and short-term debt 576 576 Net change in long-term intercompany balances 23 21 (44 ) — Debt issue costs (29 ) (29 ) Common stock repurchased (1 ) (1 ) Foreign exchange derivatives related to debt 10 10 Net cash provided by/(used for) financing activities 22 21 2,412 — 2,455 Effect of exchange rate changes on cash, cash equivalents and restricted cash 14 14 Net change in cash, cash equivalents and restricted cash — — 1,776 — 1,776 Cash, cash equivalents and restricted cash at January 1 435 435 Cash, cash equivalents and restricted cash at March 31 $ — $ — $ 2,211 $ — $ 2,211 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. The following condensed combining financial statements: • statements of comprehensive income for the three months ended March 31, 2019 and 2018 , • balance sheets as of March 31, 2019 and December 31, 2018 , and • statements of cash flows for the three months ended March 31, 2019 and 2018 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 March 31, 2019 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 892 $ 1,979 $ (116 ) $ 2,755 Cost of products sold, excluding depreciation and amortization 740 1,586 (116 ) 2,210 Depreciation and amortization 35 87 122 Selling and administrative expense $ 3 66 88 157 Restructuring and other 4 4 Income from operations — (3 ) 51 214 262 Loss from early extinguishments of debt 6 6 Other pension and postretirement (5 ) (13 ) (18 ) Net interest expense 19 33 43 95 Technology royalty (9 ) 9 — Foreign exchange (34 ) 1 34 1 Income/(loss) before income taxes — 6 32 174 (34 ) 178 Provision for / (benefit from) income taxes 2 8 46 (8 ) 48 Equity earnings / (loss) in affiliates $ 103 63 62 (227 ) 1 Net income 103 67 86 128 (253 ) 131 Net income attributable to noncontrolling interests (28 ) (28 ) Net income attributable to Crown Holdings $ 103 $ 67 $ 86 $ 100 $ (253 ) $ 103 Total comprehensive income $ 188 $ 73 $ 169 $ 193 $ (407 ) $ 216 Comprehensive income attributable to noncontrolling interests (28 ) (28 ) Comprehensive income attributable to Crown Holdings $ 188 $ 73 $ 169 $ 165 $ (407 ) $ 188 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended March 31, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 602 $ 1,692 $ (97 ) $ 2,197 Cost of products sold, excluding depreciation and amortization 520 1,385 (97 ) 1,808 Depreciation and amortization 11 54 65 Selling and administrative expense $ 2 33 55 90 Restructuring and other 3 2 8 13 Income from operations (5 ) 36 190 221 Other pension and postretirement (5 ) (12 ) (17 ) Net interest expense 23 21 24 68 Technology royalty (11 ) 11 — Foreign exchange 56 (1 ) 19 (56 ) 18 Income/(loss) before income taxes (84 ) 32 148 56 152 Provision for / (benefit from) income taxes (20 ) 9 37 13 39 Equity earnings / (loss) in affiliates $ 90 56 55 (201 ) — Net income 90 (8 ) 78 111 (158 ) 113 Net income attributable to noncontrolling interests (23 ) (23 ) Net income attributable to Crown Holdings $ 90 $ (8 ) $ 78 $ 88 $ (158 ) $ 90 Total comprehensive income $ 150 $ (7 ) $ 47 $ 214 $ (230 ) $ 174 Comprehensive income attributable to noncontrolling interests (24 ) (24 ) Comprehensive income attributable to Crown Holdings $ 150 $ (7 ) $ 47 $ 190 $ (230 ) $ 150 CONDENSED COMBINING BALANCE SHEET As of March 31, 2019 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 28 $ 5 $ 268 $ 301 Receivables, net 4 194 1,488 1,686 Intercompany receivables 30 17 $ (47 ) — Inventories 565 1,286 1,851 Prepaid expenses and other current assets $ 2 2 24 158 186 Total current assets 2 34 818 3,217 (47 ) 4,024 Intercompany debt receivables 3,004 3,368 12 (6,384 ) — Investments 3,647 2,720 1,394 (7,761 ) — Goodwill 1,178 3,240 4,418 Intangible assets, net 880 1,256 2,136 Property, plant and equipment, net 1 701 3,032 3,734 Operating lease right-of-use assets, net 4 74 135 213 Other non-current assets 46 189 597 832 Total $ 3,649 $ 5,809 $ 8,602 $ 11,489 $ (14,192 ) $ 15,357 Liabilities and equity Current liabilities Short-term debt $ 125 $ 125 Current maturities of long-term debt $ 42 41 83 Current portion of operating lease liabilities $ 18 29 47 Accounts payable 630 1,593 2,223 Accrued liabilities $ 8 24 137 695 864 Intercompany payables 17 30 $ (47 ) — Total current liabilities 8 66 802 2,513 (47 ) 3,342 Long-term debt, excluding current maturities 3,372 1,004 4,438 8,814 Long-term intercompany debt 2,507 739 3,057 81 (6,384 ) — Non-current portion of operating lease liabilities 4 58 105 167 Postretirement and pension liabilities 416 255 671 Other non-current liabilities 318 543 861 Commitments and contingent liabilities Noncontrolling interests 368 368 Crown Holdings shareholders’ equity/(deficit) 1,134 1,628 2,947 3,186 (7,761 ) 1,134 Total equity/(deficit) 1,134 1,628 2,947 3,554 (7,761 ) 1,502 Total $ 3,649 $ 5,809 $ 8,602 $ 11,489 $ (14,192 ) $ 15,357 CONDENSED COMBINING BALANCE SHEET As of December 31, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 117 $ 19 $ 471 $ 607 Receivables, net 4 182 1,416 1,602 Intercompany receivables 33 13 $ (46 ) — Inventories 485 1,205 1,690 Prepaid expenses and other current assets $ 1 1 17 161 180 Total current assets 1 122 736 3,266 (46 ) 4,079 Intercompany debt receivables 2,577 3,449 12 (6,038 ) — Investments $ 3,458 2,657 1,248 (7,363 ) — Goodwill 1,178 3,264 4,442 Intangible assets, net 901 1,292 2,193 Property, plant and equipment, net 1 693 3,051 3,745 Other non-current assets 29 192 582 803 Total $ 3,459 $ 5,386 $ 8,397 $ 11,467 $ (13,447 ) $ 15,262 Liabilities and equity Current liabilities Short-term debt $ 89 $ 89 Current maturities of long-term debt $ 37 44 81 Accounts payable $ 725 2,007 2,732 Accrued liabilities $ 14 49 144 804 1,011 Intercompany payables 13 33 $ (46 ) — Total current liabilities 14 86 882 2,977 (46 ) 3,913 Long-term debt, excluding current maturities 2,999 1,274 4,220 8,493 Long-term intercompany debt 2,508 746 2,700 84 (6,038 ) — Postretirement and pension liabilities 432 251 683 Other non-current liabilities 332 555 887 Commitments and contingent liabilities Noncontrolling interests 349 349 Crown Holdings shareholders’ equity/(deficit) 937 1,555 2,777 3,031 (7,363 ) 937 Total equity/(deficit) 937 1,555 2,777 3,380 (7,363 ) 1,286 Total $ 3,459 $ 5,386 $ 8,397 $ 11,467 $ (13,447 ) $ 15,262 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the three months ended March 31, 2019 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ — $ (31 ) $ (154 ) $ (473 ) $ (8 ) $ (666 ) Cash flows from investing activities Capital expenditures (16 ) (59 ) (75 ) Proceeds from sale of property, plant and equipment 1 4 5 Net investment hedge 6 6 Net cash provided by/(used for) investing activities — 6 (15 ) (55 ) — (64 ) Cash flows from financing activities Payments of long-term debt (5 ) (270 ) (6 ) (281 ) Net change in revolving credit facility and short-term debt 375 356 731 Net change in long-term intercompany balances (1 ) (434 ) 438 (3 ) — Payments of finance leases (13 ) (1 ) (14 ) Common stock issued 2 2 Common stock repurchased (1 ) (1 ) Dividends paid (8 ) 8 — Dividends paid to noncontrolling interests (9 ) (9 ) Foreign exchange derivatives related to debt (11 ) (11 ) Net cash provided by/(used for) financing activities — (64 ) 155 318 8 417 Effect of exchange rate changes on cash, cash equivalents and restricted cash 2 2 Net change in cash, cash equivalents and restricted cash — (89 ) (14 ) (208 ) — (311 ) Cash, cash equivalents and restricted cash at January 1 117 19 523 659 Cash, cash equivalents and restricted cash at March 31 $ — $ 28 $ 5 $ 315 $ — $ 348 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the three months ended March 31, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (22 ) $ (29 ) $ (55 ) $ (645 ) $ (751 ) Cash flows from investing activities Capital expenditures (20 ) (72 ) (92 ) Beneficial interests in transferred receivables 175 175 Foreign exchange derivatives related to acquisitions (25 ) (25 ) Net cash provided by/(used for) investing activities — — (20 ) 78 — 58 Cash flows from financing activities Proceeds from long-term debt 875 1,037 1,912 Payments of long-term debt (4 ) (1 ) (8 ) (13 ) Net change in revolving credit facility and short-term debt 160 416 576 Net change in long-term intercompany balances 23 (349 ) 75 251 — Debt issue costs (13 ) (16 ) (29 ) Common stock repurchased (1 ) (1 ) Foreign exchange derivatives related to debt 10 10 Net cash provided by/(used for) financing activities 22 669 74 1,690 — 2,455 Effect of exchange rate changes on cash, cash equivalents and restricted cash 14 14 Net change in cash, cash equivalents and restricted cash — 640 (1 ) 1,137 — 1,776 Cash, cash equivalents and restricted cash at January 1 36 3 396 435 Cash, cash equivalents and restricted cash at March 31 $ — $ 676 $ 2 $ 1,533 $ — $ 2,211

Accounting and Reporting Deve_2

Accounting and Reporting Developments (Policies)	3 Months Ended
	Mar. 31, 2019
Accounting Policies [Abstract]
Recently Adopted 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 previous guidance; however, all leases with a term longer than one year are recorded on the balance sheet through a right-of-use asset and a corresponding lease liability. The Company adopted the standard on a modified retrospective basis on January 1, 2019. In addition, the Company elected the package of practical expedients, which allowed the Company to carryforward its historical assessments of whether contracts are or contain leases, lease classification and initial direct costs. Adoption of this standard resulted in the recording of operating right-of-use assets and corresponding operating lease liabilities of approximately $220 . Finance leases were already recorded on the balance sheet under the previous guidance in current and long-term maturities of long-term debt. Upon adoption of this standard $5 was reclassified to accrued liabilities and $24 was reclassified to other non-current liabilities. The Company reclassified prior period amounts to conform to the current year presentation. See Note C for further information on the Company's lease arrangements. In February 2018, the FASB issued new accounting guidance to permit the reclassification from accumulated other comprehensive earnings to retained earnings of stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017 (the "Tax Act"). The Company adopted the guidance on January 1, 2019 and elected not to reclassify stranded tax effects resulting from the Tax Act. Recently Issued Accounting Standards In June 2016, the FASB issued new guidance on the accounting for credit losses on financial instruments. The new standard introduces an approach, based on expected losses, to estimate credit losses on certain types of financial instruments. The new approach to estimating credit losses (referred to as the current expected credit losses model) applies to most financial assets measured at amortized cost and certain other instruments, including trade and other receivables, loans, held-to-maturity debt securities, net investments in leases and off-balance-sheet credit exposures. This guidance is effective for the Company on January 1, 2020. The Company is currently evaluating the impact of adopting this standard.

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Components of Lease Expense	The components of lease expense were as follows: Three months ended March 31, 2019 Operating lease costs: Operating lease cost $ 13 Short-term lease cost 2 Total operating lease costs $ 15 Finance lease cost: Amortization of right-of-use assets $ 1
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows: Three months ended March 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 14 Financing cash flows from finance leases 14 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 5
Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases was as follows: March 31, 2019 Operating Leases: Operating lease right-of-use assets $ 213 Current portion of operating lease liabilities $ 47 Non-current portion of operating lease liabilities 167 Total operating lease liabilities $ 214 Finance leases: Property, plant and equipment $ 28 Accumulated depreciation (2 ) Property, plant and equipment, net $ 26 Accrued liabilities $ 2 Other non-current liabilities 13 Total finance lease liabilities $ 15 Weighted average remaining lease term: Operating leases 9.6 years Finance leases 7.6 years Weighted average discount rate: Operating leases 4.2 % Finance leases 3.7 %
Schedule of Maturities of Operating Leases Liabilities	Maturities of lease liabilities as of March 31, 2019 were as follows: Operating Leases Finance Leases 2019 $ 43 $ 2 2020 42 3 2021 32 2 2022 24 2 2023 20 2 Thereafter 115 6 Total lease payments 276 17 Less imputed interest (62 ) (2 ) Total $ 214 $ 15 Maturities of lease liabilities as of December 31, 2018 were as follows: Operating Leases Finance Leases 2019 $ 54 $ 5 2020 42 5 2021 34 5 2022 26 4 2023 21 4 Thereafter 117 6 Total lease payments $ 294 $ 29
Schedule of Maturties of Finance Lease Liabilities	Maturities of lease liabilities as of March 31, 2019 were as follows: Operating Leases Finance Leases 2019 $ 43 $ 2 2020 42 3 2021 32 2 2022 24 2 2023 20 2 Thereafter 115 6 Total lease payments 276 17 Less imputed interest (62 ) (2 ) Total $ 214 $ 15 Maturities of lease liabilities as of December 31, 2018 were as follows: Operating Leases Finance Leases 2019 $ 54 $ 5 2020 42 5 2021 34 5 2022 26 4 2023 21 4 Thereafter 117 6 Total lease payments $ 294 $ 29

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2019
Revenue from Contract with Customer [Abstract]
Net Contract Assets and Liabilities	Net contract assets were as follows: March 31, 2019 December 31, 2018 Contract assets included in prepaid and other current assets $ 20 $ 16 Contract liabilities included in accrued liabilities (3 ) (3 ) Contract liabilities included in other non-current liabilities (4 ) (5 ) Net contract asset $ 13 $ 8

Receivables (Tables)

Receivables (Tables)	3 Months Ended
	Mar. 31, 2019
Receivables [Abstract]
Schedule of Receivables	March 31, 2019 December 31, 2018 Accounts receivable $ 1,330 $ 1,303 Less: allowance for doubtful accounts (64 ) (65 ) Net trade receivables 1,266 1,238 Unbilled receivables 217 181 Miscellaneous receivables 203 183 Receivables, net $ 1,686 $ 1,602

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2019
Inventory, Gross [Abstract]
Components of Inventories	March 31, 2019 December 31, 2018 Raw materials and supplies $ 959 $ 937 Work in process 167 144 Finished goods 725 609 $ 1,851 $ 1,690

Restricted Cash Restricted Cash

Restricted Cash Restricted Cash (Tables)	3 Months Ended
	Mar. 31, 2019
Restricted Cash [Abstract]
Schedule of Restricted Cash	Restricted cash included in the Company's Consolidated Balance Sheets was as follows: March 31, 2019 December 31, 2018 Restricted cash included in prepaid expenses and other current assets 40 45 Restricted cash included in other non-current assets 7 7 Total restricted cash $ 47 $ 52

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Gross Carrying Amounts and Accumulated Amortization of Finite-lived Intangible Assets by Major Class	Gross carrying amounts and accumulated amortization of finite-lived intangible assets by major class were as follows: March 31, 2019 December 31, 2018 Gross Accumulated amortization Net Gross Accumulated amortization Net Customer relationships $ 1,607 $ (236 ) $ 1,371 $ 1,615 $ (206 ) $ 1,409 Trade names 541 (23 ) 518 547 (17 ) 530 Technology 158 (23 ) 135 160 (18 ) 142 Long term supply contracts 146 (40 ) 106 143 (37 ) 106 Patents $ 14 $ (8 ) $ 6 $ 14 $ (8 ) $ 6 $ 2,466 $ (330 ) $ 2,136 $ 2,479 $ (286 ) $ 2,193

Restructuring and Other (Tables

Restructuring and Other (Tables)	3 Months Ended
	Mar. 31, 2019
Restructuring Reserve [Abstract]
Restructuring and Other Charges (Benefits)	The Company recorded restructuring and other charges / (benefits) as follows: Three Months Ended March 31, 2019 2018 Asset impairments and sales $ 4 $ 7 Restructuring 9 3 Transaction costs — 3 Other income (9 ) — $ 4 $ 13

Asbestos-Related Liabilities (T

Asbestos-Related Liabilities (Tables)	3 Months Ended
	Mar. 31, 2019
Liability for Asbestos and Environmental Claims [Abstract]
Summary of Claims Activity	During the three months ended March 31, 2019 , the Company paid $1 to settle outstanding claims and had claims activity as follows: Beginning claims 56,000 New claims 500 Settlements or dismissals (500 ) Ending claims 56,000
Summary of Outstanding Asbestos Claims by Years of Exposure and State Filed	In the fourth quarter of each year, the Company performs an analysis of outstanding claims and categorizes these claims by year of exposure and state filed. As of December 31, 2018 , 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 19,000 Total claims outstanding 56,000
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: 2018 2017 2016 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)	3 Months Ended
	Mar. 31, 2019
General Discussion of Derivative Instruments and Hedging Activities [Abstract]
Derivatives Not Designated as Hedging Instruments [Table Text Block]	The following table sets forth the impact on earnings from derivatives not designated as hedges. Pre-tax amount of gain/ (loss) recognized in income on derivative Three Months Ended March 31, Affected line item in the Derivatives not designated as hedges 2019 2018 Statement of Operations Foreign exchange $ (1 ) $ — Net sales Foreign exchange 1 1 Cost of products sold Foreign exchange (15 ) 5 Foreign exchange $ (15 ) $ 6
Schedule of Derivative Instruments Included in Earnings	Fair Value Hedge Carrying Amounts Carrying amount of the hedged assets/(liabilities) March 31, December 31, Line item in the Balance Sheet in which the hedged item is included Cash and cash equivalents $ 6 $ 1 Receivables, net 13 15 Accounts payable (64 ) (13 )
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 other comprehensive income ("OCI"), accumulated other comprehensive income (“AOCI”) and earnings from changes in the fair value of derivative instruments. Amount of gain/(loss) recognized in OCI Three Months Ended March 31, Derivatives in cash flow hedges 2019 2018 Foreign exchange $ (4 ) $ (3 ) Commodities 10 (23 ) $ 6 $ (26 ) Amount of gain/ (loss) reclassified from AOCI into income Three Months Ended March 31, Affected line items in the Derivatives in cash flow hedges 2019 2018 Statement of Operations Foreign exchange $ (1 ) $ — Net sales Commodities 3 (2 ) Net sales Foreign exchange — — Cost of products sold Commodities (10 ) 10 Cost of products sold (8 ) 8 Income before taxes 2 (2 ) Provision for income taxes $ (6 ) $ 6 Net Income The following tables set forth the impact on OCI from changes in the fair value of derivative instruments designated as net investment hedges. Amount of gain/(loss) recognized in OCI Three months ended March 31, Derivatives designated as net investment hedges 2019 2018 Foreign exchange $ 26 $ (28 )
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 March 31, 2019 and December 31, 2018 , respectively. The fair values of these financial instruments were reported under Level 2 of the fair value hierarchy. Balance Sheet classification March 31, December 31, 2018 Balance Sheet classification March 31, December 31, 2018 Derivatives designated as hedging instruments Foreign exchange contracts cash flow Other current assets $ 7 $ 6 Accrued liabilities $ 10 $ 5 Other non-current assets 1 3 Other non-current liabilities — 1 Foreign exchange contracts fair value Other current assets 1 1 Accrued liabilities — 1 Commodities contracts cash flow Other current assets 14 16 Accrued liabilities 23 42 Other non-current assets 2 2 Other non-current liabilities 2 6 Net investment hedge Other non-current assets 34 15 Other non-current liabilities — — $ 59 $ 43 $ 35 $ 55 Derivatives not designated as hedging instruments Foreign exchange contracts Other current assets $ 5 $ 4 Accrued liabilities $ 9 $ 4 Other non-current assets 2 — Other non-current liabilities 1 — $ 7 $ 4 $ 10 $ 4 Total derivatives $ 66 $ 47 $ 45 $ 59
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 March 31, 2019 Derivative assets $66 $17 $49 Derivative liabilities 45 17 28 Balance at December 31, 2018 Derivative assets 47 19 28 Derivative liabilities 59 19 40
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 March 31, 2019 and December 31, 2018 were: March 31, 2019 December 31, 2018 Derivatives in cash flow hedges: Foreign exchange $ 686 $ 820 Commodities 416 428 Derivatives in fair value hedges: Foreign exchange 115 74 Derivatives not designated as hedges: Foreign exchange 745 796

(Tables)

(Tables)	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Summary of Outstanding Debt	The Company's outstanding debt was as follows: March 31, 2019 December 31, 2018 Principal Carrying Principal Carrying outstanding amount outstanding amount Short-term debt $ 125 $ 125 $ 89 $ 89 Long-term debt Senior secured borrowings: Revolving credit facilities 687 687 — — Term loan facilities U.S. dollar at LIBOR + 1.75% due 2022 810 806 815 810 U.S. dollar at LIBOR + 2.00% due 2025 617 607 887 864 Euro at EURIBOR + 1.75% due 2022 1 293 293 301 301 Euro at EURIBOR + 2.375% due 2025 2 835 823 855 846 Senior notes and debentures: €650 at 4.0% due 2022 729 724 745 740 U. S. dollar at 4.50% due 2023 1,000 994 1,000 993 €335 at 2.25% due 2023 376 371 384 380 €600 at 2.625% due 2024 673 667 688 682 €600 at 3.375% due 2025 673 667 688 681 U.S. dollar at 4.25% due 2026 400 394 400 394 U.S. dollar at 4.75% due 2026 875 863 875 863 U.S. dollar at 7.375% due 2026 350 348 350 348 €500 at 2.875% due 2026 561 553 573 566 U.S. dollar at 7.50% due 2096 40 40 40 40 Other indebtedness in various currencies 60 60 66 66 Total long-term debt 8,979 8,897 8,667 8,574 Less current maturities (83 ) (83 ) (81 ) (81 ) Total long-term debt, less current maturities $ 8,896 $ 8,814 $ 8,586 $ 8,493 (1) €261 and €263 at March 31, 2019 and December 31, 2018

Pension and Other Postretirem_2

Pension and Other Postretirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2019
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 Details about accumulated other March 31, Affected line item in the comprehensive income components 2019 2018 statement of operations Actuarial losses $ 25 $ 24 Other pension and postretirement Prior service credit (23 ) (12 ) Other pension and postretirement 2 12 Income before taxes (1 ) (1 ) Provision for income taxes Total reclassified $ 1 $ 11 Net income
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Components of Net Periodic Pension and Other Postretirement Benefits Costs	Three Months Ended March 31, Other postretirement benefits 2019 2018 Service cost $ — $ — Interest cost 1 1 Recognized prior service credit (9 ) (9 ) Recognized net loss 1 1 Net periodic benefit $ (7 ) $ (7 )
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 months ended March 31, 2019 and 2018 were as follows: Three Months Ended March 31, Pension benefits – U.S. plans 2019 2018 Service cost $ 5 $ 4 Interest cost 13 12 Expected return on plan assets (18 ) (21 ) Recognized net loss 14 12 Net periodic cost $ 14 $ 7
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 March 31, Pension benefits – Non-U.S. plans 2019 2018 Service cost $ 4 $ 7 Interest cost 19 19 Expected return on plan assets (35 ) (40 ) Curtailment gain (14 ) — Recognized prior service credit — (3 ) Recognized net loss 10 11 Net periodic benefit $ (16 ) $ (6 )

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2019
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, 2018 $ (1,583 ) $ (1,681 ) $ 23 $ (3,241 ) Cumulative effect of change in accounting principle — — 3 3 Other comprehensive income before reclassifications — 81 (26 ) 55 Amounts reclassified from accumulated other comprehensive income 11 — (6 ) 5 Other comprehensive income (loss) 11 81 (29 ) 63 Balance at March 31, 2018 $ (1,572 ) $ (1,600 ) $ (6 ) $ (3,178 ) Balance at January 1, 2019 $ (1,533 ) $ (1,817 ) $ (24 ) $ (3,374 ) Other comprehensive income before reclassifications 13 59 6 78 Amounts reclassified from accumulated other comprehensive income 1 — 6 7 Other comprehensive income 14 59 12 85 Balance at March 31, 2019 $ (1,519 ) $ (1,758 ) $ (12 ) $ (3,289 ) See Note M and Note O 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)	3 Months Ended
	Mar. 31, 2019
Share-based Compensation [Abstract]
Summary of Restricted Stock Transactions	A summary of restricted and deferred stock transactions during the three months ended March 31, 2019 is as follows: Number of shares Non-vested stock awards outstanding at January 1, 2019 2,142,743 Awarded: Time-vesting shares 108,525 Performance-based shares 202,876 Released: Time-vesting shares (68,923 ) Forfeitures: Time-vesting shares (12,000 ) Performance-based shares (129,207 ) Non-vested stock awards outstanding at March 31, 2019 2,244,014

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2019
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 March 31, 2019 2018 Net income attributable to Crown Holdings $ 103 $ 90 Weighted average shares outstanding: Basic 133.8 133.5 Dilutive stock options and restricted stock 0.6 0.3 Diluted 134.4 133.8 Basic earnings per share $ 0.77 $ 0.67 Diluted earnings per share $ 0.77 $ 0.67

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2019
Segment Reporting [Abstract]
Information of Information about Operating Segments	The tables below present information about the Company's operating segments. External Sales Three Months Ended March 31, 2019 2018 Americas Beverage $ 788 $ 758 European Beverage 339 371 European Food 423 428 Asia Pacific 321 337 Transit Packaging 569 — Total reportable segments 2,440 1,894 Non-reportable segments 315 303 Total $ 2,755 $ 2,197 The primary sources of revenue included in non-reportable segments are the Company's food can and closures business in North America, aerosol can businesses in North America and Europe, its promotional packaging business in Europe and its tooling and equipment operations in the U.S. and U.K. Intersegment Sales Three Months Ended March 31, 2019 2018 Americas Beverage $ 4 $ 10 European Beverage 1 — European Food 18 22 Transit Packaging 3 — Total reportable segments 26 32 Non-reportable segments 26 27 Total $ 52 $ 59 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 Three Months Ended March 31, 2019 2018 Americas Beverage $ 113 $ 98 European Beverage 39 55 European Food 48 56 Asia Pacific 45 44 Transit Packaging 73 — Total reportable segments $ 318 $ 253
Reconciliation of Segment Income	A reconciliation of segment income of reportable segments to income before income taxes is as follows: Three Months Ended March 31, 2019 2018 Segment income of reportable segments $ 318 $ 253 Segment income of non-reportable segments 36 31 Corporate and unallocated items (39 ) (39 ) Restructuring and other (4 ) (13 ) Amortization of intangibles (47 ) (11 ) Accelerated depreciation (2 ) — Other pension and postretirement 18 17 Loss from early extinguishments of debt (6 ) — Interest expense (98 ) (74 ) Interest income 3 6 Foreign exchange (1 ) (18 ) Income before income taxes $ 178 $ 152

Condensed Combining Financial_2

Condensed Combining Financial Information (Tables)	3 Months Ended
	Mar. 31, 2019
Crown Cork & Seal Company Inc.
Condensed Combining Statement of Comprehensive Income	CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended March 31, 2019 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 2,755 $ 2,755 Cost of products sold, excluding depreciation and amortization 2,210 2,210 Depreciation and amortization 122 122 Selling and administrative expense $ 1 156 157 Restructuring and other 4 4 Income from operations — (1 ) 263 262 Loss from early extinguishments of debt 6 6 Other pension and postretirement 2 (20 ) (18 ) Net interest expense 18 77 95 Foreign exchange 1 1 Income/(loss) before income taxes — (21 ) 199 178 Provision for / (benefit from) income taxes (4 ) 52 48 Equity earnings / (loss) in affiliates $ 103 104 1 $ (207 ) 1 Net income 103 87 148 (207 ) 131 Net income attributable to noncontrolling interests (28 ) (28 ) Net income attributable to Crown Holdings $ 103 $ 87 $ 120 $ (207 ) $ 103 Total comprehensive income $ 188 $ 170 $ 233 $ (375 ) $ 216 Comprehensive income attributable to noncontrolling interests (28 ) (28 ) Comprehensive income attributable to Crown Holdings $ 188 $ 170 $ 205 $ (375 ) $ 188 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended March 31, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net sales $ 2,197 $ 2,197 Cost of products sold, excluding depreciation and amortization 1,808 1,808 Depreciation and amortization 65 65 Selling and administrative expense $ 2 88 90 Restructuring and other 13 13 Income from operations (2 ) 223 221 Other pension and postretirement (17 ) (17 ) Net interest expense 19 49 68 Foreign exchange 18 18 Income/(loss) before income taxes (21 ) 173 152 Provision for / (benefit from) income taxes (4 ) 43 39 Equity earnings / (loss) in affiliates $ 90 95 $ (185 ) — Net income 90 78 130 (185 ) 113 Net income attributable to noncontrolling interests (23 ) (23 ) Net income attributable to Crown Holdings $ 90 $ 78 $ 107 $ (185 ) $ 90 Total comprehensive income $ 150 $ 47 $ 191 $ (214 ) $ 174 Comprehensive income attributable to noncontrolling interests (24 ) (24 ) Comprehensive income attributable to Crown Holdings $ 150 $ 47 $ 167 $ (214 ) $ 150
Condensed Combining Balance Sheet	CONDENSED COMBINING BALANCE SHEET As of March 31, 2019 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 301 $ 301 Receivables, net $ 9 1,677 1,686 Inventories 1,851 1,851 Prepaid expenses and other current assets $ 2 1 183 186 Total current assets 2 10 4,012 4,024 Intercompany debt receivables 3,562 $ (3,562 ) — Investments 3,647 3,950 (7,597 ) — Goodwill 4,418 4,418 Intangible assets, net 2,136 2,136 Property, plant and equipment, net 3,734 3,734 Operating lease right-of-use assets, net 213 213 Other non-current assets 147 685 832 Total $ 3,649 $ 4,107 $ 18,760 $ (11,159 ) $ 15,357 Liabilities and equity Current liabilities Short-term debt $ 125 $ 125 Current maturities of long-term debt 83 83 Current portion of operating lease liabilities 47 47 Accounts payable 2,223 2,223 Accrued liabilities $ 8 $ 34 822 864 Total current liabilities 8 34 3,300 3,342 Long-term debt, excluding current maturities 388 8,426 8,814 Long-term intercompany debt 2,507 1,055 $ (3,562 ) — Non-current portion of operating lease liabilities 167 167 Postretirement and pension liabilities 671 671 Other non-current liabilities 325 536 861 Commitments and contingent liabilities Noncontrolling interests 368 368 Crown Holdings shareholders’ equity/(deficit) 1,134 2,305 5,292 (7,597 ) 1,134 Total equity/(deficit) 1,134 2,305 5,660 (7,597 ) 1,502 Total $ 3,649 $ 4,107 $ 18,760 $ (11,159 ) $ 15,357 CONDENSED COMBINING BALANCE SHEET As of December 31, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 607 $ 607 Receivables, net $ 9 1,593 1,602 Inventories 1,690 1,690 Prepaid expenses and other current assets $ 1 1 178 180 Total current assets 1 10 4,068 4,079 Intercompany debt receivables 3,561 $ (3,561 ) — Investments $ 3,458 $ 3,764 (7,222 ) — Goodwill 4,442 4,442 Intangible assets, net 2,193 2,193 Property, plant and equipment, net 3,745 3,745 Other non-current assets 156 647 803 Total $ 3,459 $ 3,930 $ 18,656 $ (10,783 ) $ 15,262 Liabilities and equity Current liabilities Short-term debt $ 89 $ 89 Current maturities of long-term debt 81 81 Accounts payable 2,732 2,732 Accrued liabilities $ 14 $ 30 967 1,011 Total current liabilities 14 30 3,869 3,913 Long-term debt, excluding current maturities 388 8,105 8,493 Long-term intercompany debt 2,508 1,053 $ (3,561 ) — Postretirement and pension liabilities 683 683 Other non-current liabilities 325 562 887 Commitments and contingent liabilities Noncontrolling interests 349 349 Crown Holdings shareholders’ equity/(deficit) 937 2,134 5,088 (7,222 ) 937 Total equity/(deficit) 937 2,134 5,437 (7,222 ) 1,286 Total $ 3,459 $ 3,930 $ 18,656 $ (10,783 ) $ 15,262
Condensed Combining Statement of Cash Flows	CONDENSED COMBINING STATEMENT OF CASH FLOWS For the three months ended March 31, 2019 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ — $ (2 ) $ (662 ) $ (2 ) $ (666 ) Cash flows from investing activities Capital expenditures (75 ) (75 ) Proceeds from sale of property, plant and equipment 5 5 Net investment hedge 6 6 Net cash provided by/(used for) investing activities — (64 ) — (64 ) Cash flows from financing activities Payments of long-term debt (281 ) (281 ) Net change in revolving credit facility and short-term debt 731 731 Net change in long-term intercompany balances (1 ) 2 (2 ) (1 ) Payments of finance leases (14 ) (14 ) Common stock issued 2 2 Common stock repurchased (1 ) (1 ) Dividends paid (2 ) 2 — Dividend paid to noncontrolling interests (9 ) (9 ) Foreign exchange derivatives related to debt (11 ) (11 ) Net cash provided by/(used for) financing activities — 2 412 2 416 Effect of exchange rate changes on cash, cash equivalents and restricted cash 2 2 Net change in cash, cash equivalents and restricted cash — — (312 ) — (312 ) Cash, cash equivalents and restricted cash at January 1 659 659 Cash, cash equivalents and restricted cash at March 31 $ — $ — $ 347 $ — $ 347 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the three months ended March 31, 2018 (in millions) Parent Issuer Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (22 ) $ (21 ) $ (708 ) $ — $ (751 ) Cash flows from investing activities Capital expenditures (92 ) (92 ) Beneficial interests in transferred receivables 175 175 Foreign exchange derivatives related to acquisitions (25 ) (25 ) Net cash provided by/(used for) investing activities — 58 — 58 Cash flows from financing activities Proceeds from long-term debt 1,912 1,912 Payments of long-term debt (13 ) (13 ) Net change in revolving credit facility and short-term debt 576 576 Net change in long-term intercompany balances 23 21 (44 ) — Debt issue costs (29 ) (29 ) Common stock repurchased (1 ) (1 ) Foreign exchange derivatives related to debt 10 10 Net cash provided by/(used for) financing activities 22 21 2,412 — 2,455 Effect of exchange rate changes on cash, cash equivalents and restricted cash 14 14 Net change in cash, cash equivalents and restricted cash — — 1,776 — 1,776 Cash, cash equivalents and restricted cash at January 1 435 435 Cash, cash equivalents and restricted cash at March 31 $ — $ — $ 2,211 $ — $ 2,211
Crown Americas, LLC
Condensed Combining Statement of Comprehensive Income	CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended March 31, 2019 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 892 $ 1,979 $ (116 ) $ 2,755 Cost of products sold, excluding depreciation and amortization 740 1,586 (116 ) 2,210 Depreciation and amortization 35 87 122 Selling and administrative expense $ 3 66 88 157 Restructuring and other 4 4 Income from operations — (3 ) 51 214 262 Loss from early extinguishments of debt 6 6 Other pension and postretirement (5 ) (13 ) (18 ) Net interest expense 19 33 43 95 Technology royalty (9 ) 9 — Foreign exchange (34 ) 1 34 1 Income/(loss) before income taxes — 6 32 174 (34 ) 178 Provision for / (benefit from) income taxes 2 8 46 (8 ) 48 Equity earnings / (loss) in affiliates $ 103 63 62 (227 ) 1 Net income 103 67 86 128 (253 ) 131 Net income attributable to noncontrolling interests (28 ) (28 ) Net income attributable to Crown Holdings $ 103 $ 67 $ 86 $ 100 $ (253 ) $ 103 Total comprehensive income $ 188 $ 73 $ 169 $ 193 $ (407 ) $ 216 Comprehensive income attributable to noncontrolling interests (28 ) (28 ) Comprehensive income attributable to Crown Holdings $ 188 $ 73 $ 169 $ 165 $ (407 ) $ 188 CONDENSED COMBINING STATEMENT OF COMPREHENSIVE INCOME For the three months ended March 31, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net sales $ 602 $ 1,692 $ (97 ) $ 2,197 Cost of products sold, excluding depreciation and amortization 520 1,385 (97 ) 1,808 Depreciation and amortization 11 54 65 Selling and administrative expense $ 2 33 55 90 Restructuring and other 3 2 8 13 Income from operations (5 ) 36 190 221 Other pension and postretirement (5 ) (12 ) (17 ) Net interest expense 23 21 24 68 Technology royalty (11 ) 11 — Foreign exchange 56 (1 ) 19 (56 ) 18 Income/(loss) before income taxes (84 ) 32 148 56 152 Provision for / (benefit from) income taxes (20 ) 9 37 13 39 Equity earnings / (loss) in affiliates $ 90 56 55 (201 ) — Net income 90 (8 ) 78 111 (158 ) 113 Net income attributable to noncontrolling interests (23 ) (23 ) Net income attributable to Crown Holdings $ 90 $ (8 ) $ 78 $ 88 $ (158 ) $ 90 Total comprehensive income $ 150 $ (7 ) $ 47 $ 214 $ (230 ) $ 174 Comprehensive income attributable to noncontrolling interests (24 ) (24 ) Comprehensive income attributable to Crown Holdings $ 150 $ (7 ) $ 47 $ 190 $ (230 ) $ 150
Condensed Combining Balance Sheet	CONDENSED COMBINING BALANCE SHEET As of March 31, 2019 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 28 $ 5 $ 268 $ 301 Receivables, net 4 194 1,488 1,686 Intercompany receivables 30 17 $ (47 ) — Inventories 565 1,286 1,851 Prepaid expenses and other current assets $ 2 2 24 158 186 Total current assets 2 34 818 3,217 (47 ) 4,024 Intercompany debt receivables 3,004 3,368 12 (6,384 ) — Investments 3,647 2,720 1,394 (7,761 ) — Goodwill 1,178 3,240 4,418 Intangible assets, net 880 1,256 2,136 Property, plant and equipment, net 1 701 3,032 3,734 Operating lease right-of-use assets, net 4 74 135 213 Other non-current assets 46 189 597 832 Total $ 3,649 $ 5,809 $ 8,602 $ 11,489 $ (14,192 ) $ 15,357 Liabilities and equity Current liabilities Short-term debt $ 125 $ 125 Current maturities of long-term debt $ 42 41 83 Current portion of operating lease liabilities $ 18 29 47 Accounts payable 630 1,593 2,223 Accrued liabilities $ 8 24 137 695 864 Intercompany payables 17 30 $ (47 ) — Total current liabilities 8 66 802 2,513 (47 ) 3,342 Long-term debt, excluding current maturities 3,372 1,004 4,438 8,814 Long-term intercompany debt 2,507 739 3,057 81 (6,384 ) — Non-current portion of operating lease liabilities 4 58 105 167 Postretirement and pension liabilities 416 255 671 Other non-current liabilities 318 543 861 Commitments and contingent liabilities Noncontrolling interests 368 368 Crown Holdings shareholders’ equity/(deficit) 1,134 1,628 2,947 3,186 (7,761 ) 1,134 Total equity/(deficit) 1,134 1,628 2,947 3,554 (7,761 ) 1,502 Total $ 3,649 $ 5,809 $ 8,602 $ 11,489 $ (14,192 ) $ 15,357 CONDENSED COMBINING BALANCE SHEET As of December 31, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Assets Current assets Cash and cash equivalents $ 117 $ 19 $ 471 $ 607 Receivables, net 4 182 1,416 1,602 Intercompany receivables 33 13 $ (46 ) — Inventories 485 1,205 1,690 Prepaid expenses and other current assets $ 1 1 17 161 180 Total current assets 1 122 736 3,266 (46 ) 4,079 Intercompany debt receivables 2,577 3,449 12 (6,038 ) — Investments $ 3,458 2,657 1,248 (7,363 ) — Goodwill 1,178 3,264 4,442 Intangible assets, net 901 1,292 2,193 Property, plant and equipment, net 1 693 3,051 3,745 Other non-current assets 29 192 582 803 Total $ 3,459 $ 5,386 $ 8,397 $ 11,467 $ (13,447 ) $ 15,262 Liabilities and equity Current liabilities Short-term debt $ 89 $ 89 Current maturities of long-term debt $ 37 44 81 Accounts payable $ 725 2,007 2,732 Accrued liabilities $ 14 49 144 804 1,011 Intercompany payables 13 33 $ (46 ) — Total current liabilities 14 86 882 2,977 (46 ) 3,913 Long-term debt, excluding current maturities 2,999 1,274 4,220 8,493 Long-term intercompany debt 2,508 746 2,700 84 (6,038 ) — Postretirement and pension liabilities 432 251 683 Other non-current liabilities 332 555 887 Commitments and contingent liabilities Noncontrolling interests 349 349 Crown Holdings shareholders’ equity/(deficit) 937 1,555 2,777 3,031 (7,363 ) 937 Total equity/(deficit) 937 1,555 2,777 3,380 (7,363 ) 1,286 Total $ 3,459 $ 5,386 $ 8,397 $ 11,467 $ (13,447 ) $ 15,262
Condensed Combining Statement of Cash Flows	CONDENSED COMBINING STATEMENT OF CASH FLOWS For the three months ended March 31, 2019 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ — $ (31 ) $ (154 ) $ (473 ) $ (8 ) $ (666 ) Cash flows from investing activities Capital expenditures (16 ) (59 ) (75 ) Proceeds from sale of property, plant and equipment 1 4 5 Net investment hedge 6 6 Net cash provided by/(used for) investing activities — 6 (15 ) (55 ) — (64 ) Cash flows from financing activities Payments of long-term debt (5 ) (270 ) (6 ) (281 ) Net change in revolving credit facility and short-term debt 375 356 731 Net change in long-term intercompany balances (1 ) (434 ) 438 (3 ) — Payments of finance leases (13 ) (1 ) (14 ) Common stock issued 2 2 Common stock repurchased (1 ) (1 ) Dividends paid (8 ) 8 — Dividends paid to noncontrolling interests (9 ) (9 ) Foreign exchange derivatives related to debt (11 ) (11 ) Net cash provided by/(used for) financing activities — (64 ) 155 318 8 417 Effect of exchange rate changes on cash, cash equivalents and restricted cash 2 2 Net change in cash, cash equivalents and restricted cash — (89 ) (14 ) (208 ) — (311 ) Cash, cash equivalents and restricted cash at January 1 117 19 523 659 Cash, cash equivalents and restricted cash at March 31 $ — $ 28 $ 5 $ 315 $ — $ 348 CONDENSED COMBINING STATEMENT OF CASH FLOWS For the three months ended March 31, 2018 (in millions) Parent Issuer Guarantors Non- Guarantors Eliminations Total Company Net cash provided by/(used for) operating activities $ (22 ) $ (29 ) $ (55 ) $ (645 ) $ (751 ) Cash flows from investing activities Capital expenditures (20 ) (72 ) (92 ) Beneficial interests in transferred receivables 175 175 Foreign exchange derivatives related to acquisitions (25 ) (25 ) Net cash provided by/(used for) investing activities — — (20 ) 78 — 58 Cash flows from financing activities Proceeds from long-term debt 875 1,037 1,912 Payments of long-term debt (4 ) (1 ) (8 ) (13 ) Net change in revolving credit facility and short-term debt 160 416 576 Net change in long-term intercompany balances 23 (349 ) 75 251 — Debt issue costs (13 ) (16 ) (29 ) Common stock repurchased (1 ) (1 ) Foreign exchange derivatives related to debt 10 10 Net cash provided by/(used for) financing activities 22 669 74 1,690 — 2,455 Effect of exchange rate changes on cash, cash equivalents and restricted cash 14 14 Net change in cash, cash equivalents and restricted cash — 640 (1 ) 1,137 — 1,776 Cash, cash equivalents and restricted cash at January 1 36 3 396 435 Cash, cash equivalents and restricted cash at March 31 $ — $ 676 $ 2 $ 1,533 $ — $ 2,211

Accounting and Reporting Deve_3

Accounting and Reporting Developments - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2019	Jan. 01, 2019
Accounting Policies [Abstract]
Operating Lease Liability	$ 214	$ 220
Operating lease right-of-use assets, net	213	220
Finance Lease, Liability, Current	2	5
Finance Lease, Liability, Noncurrent	$ 13	$ 24

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Leases [Abstract]
Operating lease cost	$ 13
Variable lease cost	1
Short-term lease cost	2
Total operating lease costs	15
Amortization of right-of-use assets	$ 1

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information Related to Leases (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Leases [Abstract]
Operating cash flows from operating leases	$ 14
Operating cash flows from finance leases	1
Financing cash flows from finance leases	14
Right-of-use assets obtained in exchange for lease obligations, operating leases	$ 5

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet Information Related to Leases (Details) - USD ($) $ in Millions	Mar. 31, 2019	Jan. 01, 2019
Leases [Abstract]
Operating lease right-of-use assets	$ 213	$ 220
Current portion of operating lease liabilities	47
Non-current portion of operating lease liabilities	167
Total operating lease liabilities	214	220
Property and equipment, gross	28
Accumulated depreciation	(2)
Property and equipment, net	26
Accrued liabilities	2	5
Other non-current liabilities	13	$ 24
Total finance lease liabilities	$ 15
Weighted average remaining lease term
Operating leases	9 years 7 months
Finance leases	7 years 7 months
Weighted average discount rate
Operating leases	4.20%
Finance leases	3.70%

Leases - Schedule of Maturities

Leases - Schedule of Maturities of Operating and Finance Leases Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Operating Leases
2019 (excluding the three months ended March 31, 2019)	$ 43		$ 54
2020	42		42
2021	32		34
2022	24		26
2023	20		21
Thereafter	115		117
Total lease payments	276		294
Less imputed interest	(62)
Total operating lease liabilities	214	$ 220
Finance Lease Liabilities, Payments, Due [Abstract]
2019 (excluding the three months ended March 31, 2019)	2		5
2020	3		5
2021	2		5
2022	2		4
2023	2		4
Thereafter	6		6
Total lease payments	17		$ 29
Less imputed interest	(2)
Total finance lease liabilities	$ 15

Acquisition of Signode Narrativ

Acquisition of Signode Narrative (Details) $ in Billions	Apr. 03, 2018USD ($)
Signode Industrial Group Holdings (Bermuda) Ltd
Business Acquisition [Line Items]
Total consideration	$ 3.9

Revenue (Details)

Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Contract with Customer, Liability, Revenue Recognized	$ 1
Point in time
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	1,390	$ 769
Over time
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	$ 1,365	$ 1,428

Revenue - Contract Assets and L

Revenue - Contract Assets and Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2017
Revenue from Contract with Customer [Abstract]
Contract assets included in prepaid and other current assets	$ 20	$ 16
Contract liabilities included in accrued liabilities	(3)	(3)
Contract liabilities included in other non-current liabilities	(4)	(5)
Net contract asset	$ 13	$ 8

Receivables (Details)

Receivables (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Receivables [Abstract]
Accounts receivable	$ 1,330	$ 1,303
Less: allowance for doubtful accounts	(64)	(65)
Net trade receivables	1,266	1,238
Unbilled receivables	217	181
Miscellaneous receivables	203	183
Receivables, net	$ 1,686	$ 1,602

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Inventory, Gross [Abstract]
Raw materials and supplies	$ 959	$ 937
Work in process	167	144
Finished goods	725	609
Total inventories	$ 1,851	$ 1,690

Restricted Cash (Details)

Restricted Cash (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Restricted Cash [Abstract]
Restricted cash included in prepaid expenses and other current assets	$ 40	$ 45
Restricted cash included in other non-current assets	7	7
Total restricted cash	$ 47	$ 52

Intangible Assets Gross Carryin

Intangible Assets Gross Carrying Amount and Accumulated Amortization of Finite-lived Intangible Assets (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Gross	$ 2,466	$ 2,479
Accumulated amortization	(330)	(286)
Net	2,136	2,193
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross	1,607	1,615
Accumulated amortization	(236)	(206)
Net	1,371	1,409
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross	541	547
Accumulated amortization	(23)	(17)
Net	518	530
Technology
Finite-Lived Intangible Assets [Line Items]
Gross	158	160
Accumulated amortization	(23)	(18)
Net	135	142
Long term supply contracts
Finite-Lived Intangible Assets [Line Items]
Gross	146	143
Accumulated amortization	(40)	(37)
Net	106	106
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Gross	14	14
Accumulated amortization	(8)	(8)
Net	$ 6	$ 6

Intangible Assets Narrative (De

Intangible Assets Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 47	$ 11

Restructuring and Other - Restr

Restructuring and Other - Restructuring Charges by Action/Type (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Restructuring Reserve [Abstract]
Asset impairments and sales	$ 4	$ 7
Restructuring	9	3
Transaction costs	0	3
Other Restructuring Costs	(9)	0
Restructuring and other	$ 4	$ 13

Restructuring and Other - Narra

Restructuring and Other - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Restructuring Cost and Reserve [Line Items]
Gain (Loss) on Sale of Assets and Asset Impairment Charges	$ (4)	$ (7)
Asia Pacific
Restructuring Cost and Reserve [Line Items]
Gain (Loss) on Sale of Assets and Asset Impairment Charges	6
Other Actions
Restructuring Cost and Reserve [Line Items]
Restructuring accrual	25
Headcount Reductions [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	$ 8

Asbestos-Related Liabilities -

Asbestos-Related Liabilities - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)inactive_claim	Dec. 31, 2018
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	$ 1
Inactive claims (in claims) | inactive_claim	19,000
Accrued asbestos claims and related legal costs	$ 292
Unasserted claims	$ 244
Percentage of claims that do not specify damages		81.00%

Asbestos-Related Liabilities _2

Asbestos-Related Liabilities - Summary of Claims Activity (Details)	3 Months Ended
	Mar. 31, 2019Claim
Loss Contingency Accrual [Roll Forward]
Beginning claims	56,000
New claims	500
Settlements or dismissals	(500)
Ending claims	56,000

Asbestos-Related Liabilities _3

Asbestos-Related Liabilities - Summary of Outstanding Claims by Year of Exposure and State Filed (Details) - Claim	Mar. 31, 2019	Dec. 31, 2018
Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]
Claims outstanding	56,000	56,000
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		19,000

Asbestos-Related Liabilities _4

Asbestos-Related Liabilities - Summary of Percentage of Outstanding Claims Related to Claimants Alleging Serious Diseases (Details)	Dec. 31, 2018	Dec. 31, 2017	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	Mar. 31, 2019	Mar. 31, 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	8
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	$ 6	$ 18

Derivative and Other Financia_3

Derivative and Other Financial Instruments - Narrative (Details) € in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2018USD ($)	Mar. 31, 2019EUR (€)	Mar. 31, 2019USD ($)	Nov. 30, 2018EUR (€)	Nov. 30, 2018USD ($)	Jan. 31, 2018EUR (€)	Jan. 31, 2018USD ($)
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	$ 12,000,000
Loss, net of tax, expected to be reclassified to earnings	10,000,000
Reclassification of anticipated transactions that were no longer considered probable	$ 0	$ 0
Currency Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative						€ 768	$ 875,000,000
Interest rate						4.75%	4.75%
Minimum
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, remaining maturity range	1 month
Maximum
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, remaining maturity range	36 months
Derivatives not designated as hedges | Foreign exchange
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative			$ 796,000,000		$ 745,000,000
Derivatives in fair value hedges | Foreign exchange
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative			74,000,000		115,000,000
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
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
Derivatives designated as net investment hedges
Derivative Instruments, Gain (Loss) [Line Items]
Carrying amount of hedged net investment				€ 1,178	$ 1,322,000,000
Derivatives designated as net investment hedges | Accumulated Other Comprehensive Income
Derivative Instruments, Gain (Loss) [Line Items]
Loss on net investment hedge settlements	31,000,000		59,000,000
Loss on net investment hedge settlements, net of tax	8,000,000		$ 36,000,000
Derivatives designated as net investment hedges | Cross Currency Interest Rate Contract
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of derivative								€ 718	$ 875,000,000
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%
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%	1.84%	1.84%
Derivatives designated as net investment hedges | Other Comprehensive Income
Derivative Instruments, Gain (Loss) [Line Items]
Loss on net investment hedge settlements	28,000,000	35,000,000
Loss on net investment hedge settlements, net of tax	$ 28,000,000	$ 31,000,000

Derivative and Other Financia_4

Derivative and Other Financial Instruments - Cash Flow Hedges (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Net sales	$ 2,755	$ 2,197
Cost of products sold	2,210	1,808
Income Tax Expense (Benefit)	(48)	(39)
Net income	131	113
Designated as Hedging Instrument | Derivatives in cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain/(loss) recognized in AOCI (effective portion)	6	(26)
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)	(4)	(3)
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)	10	(23)
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	(8)	8
Income Tax Expense (Benefit)	2	(2)
Net income	(6)	6
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	(1)	0
Cost of products sold	0	0
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	3	(2)
Cost of products sold	$ (10)	$ 10

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
	Mar. 31, 2019	Mar. 31, 2018
Derivative [Line Items]
Gain (loss) on derivative instruments, net, pretax	$ (15)	$ 6
Net sales | Foreign exchange
Derivative [Line Items]
Gain (loss) on derivative instruments, net, pretax	1	0
Cost of products sold | Foreign exchange
Derivative [Line Items]
Gain (loss) on derivative instruments, net, pretax	1	1
Foreign exchange | Foreign exchange
Derivative [Line Items]
Gain (loss) on derivative instruments, net, pretax	$ (15)	$ 5

Derivative and Other Financia_6

Derivative and Other Financial Instruments - Net Investment Hedges (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Derivatives designated as net investment hedges | Designated as Hedging Instrument | Foreign exchange
Derivative [Line Items]
Amount of gain/(loss) recognized in AOCI	$ 26	$ (28)

Derivative and Other Financia_7

Derivative and Other Financial Instruments - Fair Values of Derivative Instruments and Valuation Hierarchy (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Derivative assets
Total	$ 66	$ 47
Derivative liabilities
Total	45	59
Fair Value, Inputs, Level 2
Derivative assets
Total	66	47
Derivative liabilities
Total	45	59
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	5	4
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	9	4
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	2	0
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	1	0
Fair Value, Inputs, Level 2 | Other assets | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	59	43
Fair Value, Inputs, Level 2 | Other assets | Derivatives not designated as hedges
Derivative assets
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value	7	4
Fair Value, Inputs, Level 2 | Other liabilities | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	35	55
Fair Value, Inputs, Level 2 | Other liabilities | Derivatives not designated as hedges
Derivative assets
Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value	10	4
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	7	6
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	14	16
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Accrued liabilities | Foreign exchange | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	10	5
Derivatives in cash flow hedges | Fair Value, Inputs, Level 2 | Accrued liabilities | Commodities | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges, Commodities	23	42
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	3
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	2
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	0	1
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	2	6
Derivatives in fair value hedges | Accrued liabilities | Designated as Hedging Instrument
Derivative liabilities
Derivatives designated as hedges, Foreign exchange	64	13
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 | Accrued liabilities | Foreign exchange | Designated as Hedging Instrument
Derivative assets
Derivatives designated as hedges	0	1
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	34	15
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	Mar. 31, 2019	Dec. 31, 2018
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	6	1
Receivables, net
Derivative [Line Items]
Carrying amount of hedged assets	13	15
Accrued liabilities
Derivative [Line Items]
Accounts payable	$ (64)	$ (13)

Derivative and Other Financia_9

Derivative and Other Financial Instruments - Offsetting of Derivative Assets and Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gross Amounts Recognized in the Balance Sheet, Derivative Assets	$ 66	$ 47
Gross Amounts Not Offset in the Balance Sheet, Derivative Assets	17	19
Net Amount, Derivative Assets	49	28
Gross Amounts Recognized in the Balance Sheet, Derivative Liabilities	45	59
Gross Amounts Not Offset in the Balance Sheet, Derivative Liabilities	17	19
Net Amount, Derivative Liabilities	$ 28	$ 40

Derivative and Other Financi_10

Derivative and Other Financial Instruments - Notional Values of Outstanding Derivative Instruments (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Foreign exchange | Derivatives not designated as hedges
Derivatives, Fair Value [Line Items]
Notional amount of derivative	$ 745	$ 796
Foreign exchange | Derivatives in cash flow hedges
Derivatives, Fair Value [Line Items]
Notional amount of derivative	686	820
Foreign exchange | Derivatives in fair value hedges
Derivatives, Fair Value [Line Items]
Notional amount of derivative	115	74
Commodities | Derivatives in cash flow hedges
Derivatives, Fair Value [Line Items]
Notional amount of derivative	$ 416	$ 428

Debt - Summary of Outstanding D

Debt - Summary of Outstanding Debt (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019EUR (€)	Mar. 31, 2019USD ($)	Dec. 31, 2018EUR (€)	Dec. 31, 2018USD ($)
Debt Instrument [Line Items]
Short-term debt		$ 125		$ 89
Principal outstanding
Total long-term debt		8,979		8,667
Less: current maturities		(83)		(81)
Total long-term debt, less current maturities		8,896		8,586
Carrying amount
Total long-term debt		8,897		8,574
Less: current maturities		(83)		(81)
Total long-term debt, less current maturities		8,814		8,493
Senior Secured Borrowings | U.S. dollar at LIBOR 1.75% due 2022
Principal outstanding
Total long-term debt		810		815
Carrying amount
Total long-term debt		806		810
Senior Secured Borrowings | U.S. dollar at LIBOR 2.00% due 2025
Principal outstanding
Total long-term debt		617		887
Carrying amount
Total long-term debt		607		864
Senior Secured Borrowings | Euro at EURIBOR 1.75% due 20221
Principal outstanding
Total long-term debt		293		301
Carrying amount
Total long-term debt		293		301
Debt Instrument, Face Amount | €	€ 261,000,000		€ 263,000,000
Senior Secured Borrowings | Euro at EURIBOR 2.375% due 20252
Principal outstanding
Total long-term debt		835		855
Carrying amount
Total long-term debt		823		846
Debt Instrument, Face Amount | €	€ 744,000,000		€ 746,000,000
Senior Notes and Debentures | €650 at 4.0% due 2022
Principal outstanding
Total long-term debt		729		745
Carrying amount
Total long-term debt		$ 724		740
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		1,000
Carrying amount
Total long-term debt		$ 994		993
Debt instrument stated percentage	4.50%	4.50%
Senior Notes and Debentures | €335 at 2.250% due 2023
Principal outstanding
Total long-term debt		$ 376		384
Carrying amount
Total long-term debt		$ 371		380
Debt instrument stated percentage	2.25%	2.25%
Debt Instrument, Face Amount | €	€ 335,000,000
Senior Notes and Debentures | €600 at 2.625% due 2024
Principal outstanding
Total long-term debt		$ 673		688
Carrying amount
Total long-term debt		$ 667		682
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		$ 673		688
Carrying amount
Total long-term debt		$ 667		681
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		400
Carrying amount
Total long-term debt		$ 394		394
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		875
Carrying amount
Total long-term debt		$ 863		863
Debt instrument stated percentage	4.75%	4.75%
Senior Notes and Debentures | U.S. dollar at 7.375% due 2026
Principal outstanding
Total long-term debt		$ 350		350
Carrying amount
Total long-term debt		$ 348		348
Debt instrument stated percentage	7.375%	7.375%
Senior Notes and Debentures | €500 at 2.875% due 2026
Principal outstanding
Total long-term debt		$ 561		573
Carrying amount
Total long-term debt		$ 553		566
Debt instrument stated percentage	2.875%	2.875%
Debt Instrument, Face Amount | €	€ 500,000,000
Senior Notes and Debentures | U.S. dollar at 7.50% due 2096
Principal outstanding
Total long-term debt		$ 40		40
Carrying amount
Total long-term debt		$ 40		40
Debt instrument stated percentage	7.50%	7.50%
Other Indebtedness, Fixed Rate
Principal outstanding
Total long-term debt		$ 60		66
Carrying amount
Total long-term debt		60		66
Revolving Credit Facility | Line of Credit
Principal outstanding
Total long-term debt		687		0
Carrying amount
Total long-term debt		$ 687		$ 0
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 2025
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) $ in Millions	3 Months Ended
	Mar. 31, 2019EUR (€)	Mar. 31, 2019USD ($)	Dec. 31, 2018EUR (€)	Dec. 31, 2018USD ($)
Senior Secured Borrowings | Euro at EURIBOR 1.75% due 20221
Debt Instrument [Line Items]
Debt, face amount	€ 261,000,000		€ 263,000,000
Senior Secured Borrowings | Euro at EURIBOR 2.375% due 20252
Debt Instrument [Line Items]
Debt, face amount	€ 744,000,000		€ 746,000,000
Senior Notes and Debentures | U.S. dollar at 4.75% due 2026
Debt Instrument [Line Items]
Debt instrument stated percentage	4.75%	4.75%
Senior Notes and Debentures | €500 at 2.875% due 2026
Debt Instrument [Line Items]
Debt, face amount	€ 500,000,000
Debt instrument stated percentage	2.875%	2.875%
Senior Notes and Debentures | €335 at 2.250% due 2023
Debt Instrument [Line Items]
Debt, face amount	€ 335,000,000
Debt instrument stated percentage	2.25%	2.25%
Fair Value, Inputs, Level 2
Debt Instrument [Line Items]
Long-term debt, fair value | $		$ 9,299		$ 8,735
London Interbank Offered Rate (LIBOR) | Senior Secured Borrowings | U.S. dollar at LIBOR 2.00% due 2025
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	2.00%

Pension and Other Postretirem_3

Pension and Other Postretirement Benefits (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 0
Interest cost	1	1
Recognized prior service credit	(9)	(9)
Recognized net loss	1	1
Net periodic cost (benefit)	(7)	(7)
Pension Benefits - U.S. Plans | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	5	4
Interest cost	13	12
Expected return on plan assets	(18)	(21)
Recognized net loss	14	12
Net periodic cost (benefit)	14	7
Pension Benefits - Non-U.S. Plans | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	4	7
Interest cost	19	19
Expected return on plan assets	(35)	(40)
Pension settlements and curtailments	(14)	0
Recognized prior service credit	0	(3)
Recognized net loss	10	11
Net periodic cost (benefit)	$ (16)	$ (6)

Pension and Other Postretirem_4

Pension and Other Postretirement Benefits Amounts reclassified from accumulated other comprehensive income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Income before income taxes	$ 178	$ 152
Income Tax Expense (Benefit)	(48)	(39)
Net income	131	113
Reclassification out of Accumulated Other Comprehensive Income | Defined benefit plans
Reclassification Adjustment out of Accumulated Other Comprehensive Income on Derivatives [Line Items]
Actuarial losses	25	24
Prior service credit	(23)	(12)
Income before income taxes	2	12
Income Tax Expense (Benefit)	(1)	(1)
Net income	$ 1	$ 11

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income - Components (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2017
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	$ (3,374)	$ (3,241)
Cumulative effect of change in accounting principle			$ 3
Other comprehensive income before reclassifications	78	55
Amounts reclassified from accumulated other comprehensive income	7	5
Other comprehensive income (loss)	85	63
Balance at end of period	(3,289)	(3,178)
Defined benefit plans
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(1,533)	(1,583)
Cumulative effect of change in accounting principle			0
Other comprehensive income before reclassifications	13	0
Amounts reclassified from accumulated other comprehensive income	1	11
Other comprehensive income (loss)	14	11
Balance at end of period	(1,519)	(1,572)
Foreign currency translation
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(1,817)	(1,681)
Cumulative effect of change in accounting principle			0
Other comprehensive income before reclassifications	59	81
Amounts reclassified from accumulated other comprehensive income	0	0
Other comprehensive income (loss)	59	81
Balance at end of period	(1,758)	(1,600)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(24)	23
Cumulative effect of change in accounting principle			$ 3
Other comprehensive income before reclassifications	6	(26)
Amounts reclassified from accumulated other comprehensive income	6	(6)
Other comprehensive income (loss)	12	(29)
Balance at end of period	$ (12)	$ (6)

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Restricted Stock Transactions) (Details)	3 Months Ended
	Mar. 31, 2019shares
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)	2,142,743
Nonvested stock awards outstanding at end of period (in shares)	2,244,014
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)	108,525
Released (in shares)	(68,923)
Forfeitures (in shares)	(12,000)
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)	202,876
Forfeitures (in shares)	(129,207)

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost | $	$ 76
Cost expected to be recognized, weighted average period (in years)	3 years 3 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	$ 46.08
Method used for calculation of performance of share	Monte Carlo
Weighted average stock price volatility	21.40%
Expected term (in years)	3 years
Risk free interest rate	2.45%
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	$ 43.07
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate market value of shares released and issued | $	$ 3
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
	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Share [Abstract]
Net income attributable to Crown Holdings	$ 103	$ 90
Weighted average shares outstanding:
Basic (in shares)	133.8	133.5
Add: dilutive stock options and restricted stock (in shares)	0.6	0.3
Diluted (in shares)	134.4	133.8
Basic earnings per share (in usd per share)	$ 0.77	$ 0.67
Diluted earnings per share (in usd per share)	$ 0.77	$ 0.67
Value of shares excluded from the computation of diluted earnings per share	0.2	0.2

Segment Information - Informati

Segment Information - Information about Operating Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting Information [Line Items]
Income from operations	$ 262	$ 221
Net sales	2,755	2,197
Operating Segments
Segment Reporting Information [Line Items]
Income from operations	318	253
Net sales	2,440	1,894
Operating Segments | Americas Beverage
Segment Reporting Information [Line Items]
Income from operations	113	98
Net sales	788	758
Operating Segments | European Beverage
Segment Reporting Information [Line Items]
Income from operations	39	55
Net sales	339	371
Operating Segments | European Food
Segment Reporting Information [Line Items]
Income from operations	48	56
Net sales	423	428
Operating Segments | Asia Pacific
Segment Reporting Information [Line Items]
Income from operations	45	44
Net sales	321	337
Operating Segments | Transit Packaging [Member]
Segment Reporting Information [Line Items]
Income from operations	73	0
Net sales	569	0
Segment Reconciling Items | Non-reportable segments
Segment Reporting Information [Line Items]
Income from operations	36	31
Net sales	315	303
Intersegment Eliminations
Segment Reporting Information [Line Items]
Net sales	52	59
Intersegment Eliminations | Americas Beverage
Segment Reporting Information [Line Items]
Net sales	4	10
Intersegment Eliminations | European Beverage
Segment Reporting Information [Line Items]
Net sales	1	0
Intersegment Eliminations | European Food
Segment Reporting Information [Line Items]
Net sales	18	22
Intersegment Eliminations | Transit Packaging [Member]
Segment Reporting Information [Line Items]
Net sales	3	0
Intersegment Eliminations | Non-reportable segments
Segment Reporting Information [Line Items]
Net sales	26	27
Intersegment Eliminations | Operating Segments
Segment Reporting Information [Line Items]
Net sales	$ 26	$ 32

Segment Information - Narrative

Segment Information - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting Information [Line Items]
Intercompany profit eliminated	$ 1	$ 1
Non-reportable segments
Segment Reporting Information [Line Items]
Segment description	The primary sources of revenue included in non-reportable segments are the Company's food can and closures business in North America, aerosol can businesses in North America and Europe, 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
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	$ 262	$ 221
Restructuring and other	(4)	(13)
Amortization of intangibles	(47)	(11)
Other pension and postretirement	18	17
Interest expense	(98)	(74)
Interest income	3	6
Foreign exchange	(1)	(18)
Income before income taxes	178	152
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	318	253
Operating Segments | Americas Beverage
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	113	98
Operating Segments | European Beverage
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	39	55
Operating Segments | European Food
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	48	56
Operating Segments | Asia Pacific
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	45	44
Segment Reconciling Items
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Restructuring and other	(4)	(13)
Amortization of intangibles	(47)	(11)
Accelerated depreciation	(2)	0
Other pension and postretirement	18	17
Loss from early extinguishments of debt	(6)	0
Interest expense	(98)	(74)
Interest income	3	6
Foreign exchange	(1)	(18)
Segment Reconciling Items | Non-reportable segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment income	36	31
Corporate, Non-Segment
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Corporate and unallocated items	$ (39)	$ (39)

Condensed Combining Financial_3

Condensed Combining Financial Information - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
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 | Crown Cork & Seal Company Inc
Ownership percentage	100.00%
Issuer | 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
	Mar. 31, 2019	Mar. 31, 2018
Net sales	$ 2,755	$ 2,197
Cost of products sold, excluding depreciation and amortization	2,210	1,808
Depreciation and amortization	122	65
Selling and administrative expense	157	90
Restructuring and other	4	13
Income from operations	262	221
Loss from early extinguishment of debt	6	0
Other pension and postretirement	(18)	(17)
Foreign exchange	1	18
Income before income taxes	178	152
Provision for / (benefit from) income taxes	48	39
Equity earnings / (loss) in affiliates	1	0
Net income	131	113
Net income attributable to noncontrolling interests	(28)	(23)
Net income attributable to Crown Holdings	103	90
Total comprehensive income	216	174
Comprehensive income attributable to Crown Holdings	188	150
Crown Cork & Seal Company Inc.
Net sales	2,755	2,197
Cost of products sold, excluding depreciation and amortization	2,210	1,808
Depreciation and amortization	122	65
Selling and administrative expense	157	90
Restructuring and other	4	13
Income from operations	262	221
Loss from early extinguishment of debt	6
Other pension and postretirement	(18)	(17)
Net interest expense	95	68
Foreign exchange	1	18
Income before income taxes	178	152
Provision for / (benefit from) income taxes	48	39
Equity earnings / (loss) in affiliates	1	0
Net income	131	113
Net income attributable to noncontrolling interests	(28)	(23)
Net income attributable to Crown Holdings	103	90
Total comprehensive income	216	174
Comprehensive income attributable to noncontrolling interests	(28)	(24)
Comprehensive income attributable to Crown Holdings	188	150
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
Income from operations	0
Loss from early extinguishment of debt
Other pension and postretirement
Net interest expense
Foreign exchange
Income before income taxes	0
Provision for / (benefit from) income taxes
Equity earnings / (loss) in affiliates	103	90
Net income	103	90
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	103	90
Total comprehensive income	188	150
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	188	150
Crown Cork & Seal Company Inc. | Issuer
Net sales
Cost of products sold, excluding depreciation and amortization
Depreciation and amortization
Selling and administrative expense	1	2
Restructuring and other
Income from operations	(1)	(2)
Loss from early extinguishment of debt
Other pension and postretirement	2
Net interest expense	18	19
Foreign exchange
Income before income taxes	(21)	(21)
Provision for / (benefit from) income taxes	(4)	(4)
Equity earnings / (loss) in affiliates	104	95
Net income	87	78
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	87	78
Total comprehensive income	170	47
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	170	47
Crown Cork & Seal Company Inc. | Non- Guarantors
Net sales	2,755	2,197
Cost of products sold, excluding depreciation and amortization	2,210	1,808
Depreciation and amortization	122	65
Selling and administrative expense	156	88
Restructuring and other	4	13
Income from operations	263	223
Loss from early extinguishment of debt	6
Other pension and postretirement	(20)	(17)
Net interest expense	77	49
Foreign exchange	1	18
Income before income taxes	199	173
Provision for / (benefit from) income taxes	52	43
Equity earnings / (loss) in affiliates	1
Net income	148	130
Net income attributable to noncontrolling interests	(28)	(23)
Net income attributable to Crown Holdings	120	107
Total comprehensive income	233	191
Comprehensive income attributable to noncontrolling interests	(28)	(24)
Comprehensive income attributable to Crown Holdings	205	167
Crown Americas, LLC
Net sales	2,755	2,197
Cost of products sold, excluding depreciation and amortization	2,210	1,808
Depreciation and amortization	122	65
Selling and administrative expense	157	90
Restructuring and other	4	13
Income from operations	262	221
Loss from early extinguishment of debt	6
Other pension and postretirement	(18)	(17)
Net interest expense	95	68
Foreign exchange	1	18
Income before income taxes	178	152
Provision for / (benefit from) income taxes	48	39
Equity earnings / (loss) in affiliates	1	0
Net income	131	113
Net income attributable to noncontrolling interests	(28)	(23)
Net income attributable to Crown Holdings	103	90
Total comprehensive income	216	174
Comprehensive income attributable to noncontrolling interests	(28)	(24)
Comprehensive income attributable to Crown Holdings	188	150
Crown Americas, LLC | Parent
Net sales
Cost of products sold, excluding depreciation and amortization
Depreciation and amortization
Selling and administrative expense
Restructuring and other
Income from operations	0
Loss from early extinguishment of debt
Other pension and postretirement
Net interest expense
Technology royalty
Foreign exchange
Income before income taxes	0
Provision for / (benefit from) income taxes
Equity earnings / (loss) in affiliates	103	90
Net income	103	90
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	103	90
Total comprehensive income	188	150
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	188	150
Crown Americas, LLC | Issuer
Net sales
Cost of products sold, excluding depreciation and amortization
Depreciation and amortization
Selling and administrative expense	3	2
Restructuring and other		3
Income from operations	(3)	(5)
Loss from early extinguishment of debt	6
Other pension and postretirement
Net interest expense	19	23
Technology royalty
Foreign exchange	(34)	56
Income before income taxes	6	(84)
Provision for / (benefit from) income taxes	2	(20)
Equity earnings / (loss) in affiliates	63	56
Net income	67	(8)
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	67	(8)
Total comprehensive income	73	(7)
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	73	(7)
Crown Americas, LLC | Guarantors
Net sales	892	602
Cost of products sold, excluding depreciation and amortization	740	520
Depreciation and amortization	35	11
Selling and administrative expense	66	33
Restructuring and other		2
Income from operations	51	36
Loss from early extinguishment of debt
Other pension and postretirement	(5)	(5)
Net interest expense	33	21
Technology royalty	(9)	(11)
Foreign exchange		(1)
Income before income taxes	32	32
Provision for / (benefit from) income taxes	8	9
Equity earnings / (loss) in affiliates	62	55
Net income	86	78
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	86	78
Total comprehensive income	169	47
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	169	47
Crown Americas, LLC | Non- Guarantors
Net sales	1,979	1,692
Cost of products sold, excluding depreciation and amortization	1,586	1,385
Depreciation and amortization	87	54
Selling and administrative expense	88	55
Restructuring and other	4	8
Income from operations	214	190
Loss from early extinguishment of debt
Other pension and postretirement	(13)	(12)
Net interest expense	43	24
Technology royalty	9	11
Foreign exchange	1	19
Income before income taxes	174	148
Provision for / (benefit from) income taxes	46	37
Equity earnings / (loss) in affiliates
Net income	128	111
Net income attributable to noncontrolling interests	(28)	(23)
Net income attributable to Crown Holdings	100	88
Total comprehensive income	193	214
Comprehensive income attributable to noncontrolling interests	(28)	(24)
Comprehensive income attributable to Crown Holdings	165	190
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
Loss from early extinguishment of debt
Other pension and postretirement
Net interest expense
Foreign exchange
Income before income taxes
Provision for / (benefit from) income taxes
Equity earnings / (loss) in affiliates	(207)	(185)
Net income	(207)	(185)
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	(207)	(185)
Total comprehensive income	(375)	(214)
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	(375)	(214)
Eliminations | Crown Americas, LLC
Net sales	(116)	(97)
Cost of products sold, excluding depreciation and amortization	(116)	(97)
Depreciation and amortization
Selling and administrative expense
Restructuring and other
Loss from early extinguishment of debt
Other pension and postretirement
Net interest expense
Technology royalty
Foreign exchange	34	(56)
Income before income taxes	(34)	56
Provision for / (benefit from) income taxes	(8)	13
Equity earnings / (loss) in affiliates	(227)	(201)
Net income	(253)	(158)
Net income attributable to noncontrolling interests
Net income attributable to Crown Holdings	(253)	(158)
Total comprehensive income	(407)	(230)
Comprehensive income attributable to noncontrolling interests
Comprehensive income attributable to Crown Holdings	$ (407)	(230)
Issuer | Crown Cork & Seal Company Inc.
Other pension and postretirement

Condensed Combining Financial_5

Condensed Combining Financial Information - Condensed Combining Balance Sheet (Details) - USD ($) $ in Millions	Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Cash and cash equivalents	$ 301		$ 607
Receivables, net	1,686		1,602
Inventories	1,851		1,690
Prepaid expenses and other current assets	186		180
Total current assets	4,024		4,079
Goodwill	4,418		4,442
Intangible assets, net	2,136		2,193
Property, plant and equipment, net	3,734		3,745
Operating lease right-of-use assets	213	$ 220
Other non-current assets	832		803
Total	15,357		15,262
Short-term debt	125		89
Current maturities of long-term debt	83		81
Current portion of operating lease liabilities	47
Accounts payable	2,223		2,732
Accrued liabilities	864		1,011
Total current liabilities	3,342		3,913
Long-term debt, excluding current maturities	8,814		8,493
Non-current portion of operating lease liabilities	167
Postretirement and pension liabilities	671		683
Other non-current liabilities	861		887
Commitments and contingent liabilities
Noncontrolling interests	368		349
Crown Holdings shareholders’ equity/(deficit)	1,134		937
Total equity/(deficit)	1,502		1,286	$ 1,112	$ 923
Total	15,357		15,262
Crown Cork & Seal Company Inc.
Cash and cash equivalents	301		607
Receivables, net	1,686		1,602
Inventories	1,851		1,690
Prepaid expenses and other current assets	186		180
Total current assets	4,024		4,079
Goodwill	4,418		4,442
Intangible assets, net	2,136		2,193
Property, plant and equipment, net	3,734		3,745
Operating lease right-of-use assets	213
Other non-current assets	832		803
Total	15,357		15,262
Short-term debt	125		89
Current maturities of long-term debt	83		81
Current portion of operating lease liabilities	47
Accounts payable	2,223		2,732
Accrued liabilities	864		1,011
Total current liabilities	3,342		3,913
Long-term debt, excluding current maturities	8,814		8,493
Long-term intercompany debt	0
Non-current portion of operating lease liabilities	167
Postretirement and pension liabilities	671		683
Other non-current liabilities	861		887
Commitments and contingent liabilities
Noncontrolling interests	368		349
Crown Holdings shareholders’ equity/(deficit)	1,134		937
Total equity/(deficit)	1,502		1,286
Total	15,357		15,262
Crown Cork & Seal Company Inc. | Parent
Cash and cash equivalents
Receivables, net
Inventories
Prepaid expenses and other current assets	2		1
Total current assets	2		1
Intercompany debt receivables
Investments	3,647		3,458
Goodwill
Intangible assets, net
Property, plant and equipment, net
Operating lease right-of-use assets
Other non-current assets
Total	3,649		3,459
Short-term debt
Current maturities of long-term debt
Current portion of operating lease liabilities
Accounts payable
Accrued liabilities	8		14
Total current liabilities	8		14
Long-term debt, excluding current maturities
Long-term intercompany debt	2,507		2,508
Non-current portion of operating lease liabilities
Postretirement and pension liabilities
Other non-current liabilities
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	1,134		937
Total equity/(deficit)	1,134		937
Total	3,649		3,459
Crown Cork & Seal Company Inc. | Issuer
Cash and cash equivalents
Receivables, net	9		9
Inventories
Prepaid expenses and other current assets	1		1
Total current assets	10		10
Intercompany debt receivables
Investments	3,950		3,764
Goodwill
Intangible assets, net
Property, plant and equipment, net
Operating lease right-of-use assets
Other non-current assets	147		156
Total	4,107		3,930
Short-term debt
Current maturities of long-term debt
Current portion of operating lease liabilities
Accounts payable
Accrued liabilities	34		30
Total current liabilities	34		30
Long-term debt, excluding current maturities	388		388
Long-term intercompany debt	1,055		1,053
Non-current portion of operating lease liabilities
Postretirement and pension liabilities
Other non-current liabilities	325		325
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	2,305		2,134
Total equity/(deficit)	2,305		2,134
Total	4,107		3,930
Crown Cork & Seal Company Inc. | Non- Guarantors
Cash and cash equivalents	301		607
Receivables, net	1,677		1,593
Inventories	1,851		1,690
Prepaid expenses and other current assets	183		178
Total current assets	4,012		4,068
Intercompany debt receivables	3,562		3,561
Investments
Goodwill	4,418		4,442
Intangible assets, net	2,136		2,193
Property, plant and equipment, net	3,734		3,745
Operating lease right-of-use assets	213
Other non-current assets	685		647
Total	18,760		18,656
Short-term debt	125		89
Current maturities of long-term debt	83		81
Current portion of operating lease liabilities	47
Accounts payable	2,223		2,732
Accrued liabilities	822		967
Total current liabilities	3,300		3,869
Long-term debt, excluding current maturities	8,426		8,105
Long-term intercompany debt
Non-current portion of operating lease liabilities	167
Postretirement and pension liabilities	671		683
Other non-current liabilities	536		562
Commitments and contingent liabilities
Noncontrolling interests	368		349
Crown Holdings shareholders’ equity/(deficit)	5,292		5,088
Total equity/(deficit)	5,660		5,437
Total	18,760		18,656
Crown Americas, LLC
Cash and cash equivalents	301		607
Receivables, net	1,686		1,602
Intercompany receivables			0
Inventories	1,851		1,690
Prepaid expenses and other current assets	186		180
Total current assets	4,024		4,079
Intercompany debt receivables			0
Investments			0
Goodwill	4,418		4,442
Intangible assets, net	2,136		2,193
Property, plant and equipment, net	3,734		3,745
Operating lease right-of-use assets	213
Other non-current assets	832		803
Total	15,357		15,262
Short-term debt	125		89
Current maturities of long-term debt	83		81
Current portion of operating lease liabilities	47
Accounts payable	2,223		2,732
Accrued liabilities	864		1,011
Total current liabilities	3,342		3,913
Long-term debt, excluding current maturities	8,814		8,493
Long-term intercompany debt			0
Non-current portion of operating lease liabilities	167
Postretirement and pension liabilities	671		683
Other non-current liabilities	861		887
Commitments and contingent liabilities
Noncontrolling interests	368		349
Crown Holdings shareholders’ equity/(deficit)	1,134		937
Total equity/(deficit)	1,502		1,286
Total	15,357		15,262
Crown Americas, LLC | Parent
Cash and cash equivalents
Receivables, net
Intercompany receivables
Inventories
Prepaid expenses and other current assets	2		1
Total current assets	2		1
Intercompany debt receivables
Investments	3,647		3,458
Goodwill
Intangible assets, net
Property, plant and equipment, net
Operating lease right-of-use assets
Other non-current assets
Total	3,649		3,459
Short-term debt
Current maturities of long-term debt
Current portion of operating lease liabilities
Accounts payable
Accrued liabilities	8		14
Intercompany payables
Total current liabilities	8		14
Long-term debt, excluding current maturities
Long-term intercompany debt	2,507		2,508
Non-current portion of operating lease liabilities
Postretirement and pension liabilities
Other non-current liabilities
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	1,134		937
Total equity/(deficit)	1,134		937
Total	3,649		3,459
Crown Americas, LLC | Issuer
Cash and cash equivalents	28		117
Receivables, net	4		4
Intercompany receivables
Inventories
Prepaid expenses and other current assets	2		1
Total current assets	34		122
Intercompany debt receivables	3,004		2,577
Investments	2,720		2,657
Goodwill
Intangible assets, net
Property, plant and equipment, net	1		1
Operating lease right-of-use assets	4
Other non-current assets	46		29
Total	5,809		5,386
Short-term debt
Current maturities of long-term debt	42		37
Current portion of operating lease liabilities
Accounts payable
Accrued liabilities	24		49
Intercompany payables
Total current liabilities	66		86
Long-term debt, excluding current maturities	3,372		2,999
Long-term intercompany debt	739		746
Non-current portion of operating lease liabilities	4
Postretirement and pension liabilities
Other non-current liabilities
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	1,628		1,555
Total equity/(deficit)	1,628		1,555
Total	5,809		5,386
Crown Americas, LLC | Guarantors
Cash and cash equivalents	5		19
Receivables, net	194		182
Intercompany receivables	30		33
Inventories	565		485
Prepaid expenses and other current assets	24		17
Total current assets	818		736
Intercompany debt receivables	3,368		3,449
Investments	1,394		1,248
Goodwill	1,178		1,178
Intangible assets, net	880		901
Property, plant and equipment, net	701		693
Operating lease right-of-use assets	74
Other non-current assets	189		192
Total	8,602		8,397
Short-term debt
Current maturities of long-term debt
Current portion of operating lease liabilities	18
Accounts payable	630		725
Accrued liabilities	137		144
Intercompany payables	17		13
Total current liabilities	802		882
Long-term debt, excluding current maturities	1,004		1,274
Long-term intercompany debt	3,057		2,700
Non-current portion of operating lease liabilities	58
Postretirement and pension liabilities	416		432
Other non-current liabilities	318		332
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	2,947		2,777
Total equity/(deficit)	2,947		2,777
Total	8,602		8,397
Crown Americas, LLC | Non- Guarantors
Cash and cash equivalents	268		471
Receivables, net	1,488		1,416
Intercompany receivables	17		13
Inventories	1,286		1,205
Prepaid expenses and other current assets	158		161
Total current assets	3,217		3,266
Intercompany debt receivables	12		12
Investments
Goodwill	3,240		3,264
Intangible assets, net	1,256		1,292
Property, plant and equipment, net	3,032		3,051
Operating lease right-of-use assets	135
Other non-current assets	597		582
Total	11,489		11,467
Short-term debt	125		89
Current maturities of long-term debt	41		44
Current portion of operating lease liabilities	29
Accounts payable	1,593		2,007
Accrued liabilities	695		804
Intercompany payables	30		33
Total current liabilities	2,513		2,977
Long-term debt, excluding current maturities	4,438		4,220
Long-term intercompany debt	81		84
Non-current portion of operating lease liabilities	105
Postretirement and pension liabilities	255		251
Other non-current liabilities	543		555
Commitments and contingent liabilities
Noncontrolling interests	368		349
Crown Holdings shareholders’ equity/(deficit)	3,186		3,031
Total equity/(deficit)	3,554		3,380
Total	11,489		11,467
Eliminations | Crown Cork & Seal Company Inc.
Cash and cash equivalents
Receivables, net
Inventories
Prepaid expenses and other current assets
Intercompany debt receivables	(3,562)		(3,561)
Investments	(7,597)		(7,222)
Goodwill
Intangible assets, net
Property, plant and equipment, net
Operating lease right-of-use assets
Other non-current assets
Total	(11,159)		(10,783)
Short-term debt
Current maturities of long-term debt
Current portion of operating lease liabilities
Accounts payable
Accrued liabilities
Long-term debt, excluding current maturities
Long-term intercompany debt	(3,562)		(3,561)
Non-current portion of operating lease liabilities
Postretirement and pension liabilities
Other non-current liabilities
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	(7,597)		(7,222)
Total equity/(deficit)	(7,597)		(7,222)
Total	(11,159)		(10,783)
Eliminations | Crown Americas, LLC
Cash and cash equivalents
Receivables, net
Intercompany receivables	(47)		(46)
Inventories
Prepaid expenses and other current assets
Total current assets	(47)		(46)
Intercompany debt receivables	(6,384)		(6,038)
Investments	(7,761)		(7,363)
Goodwill
Intangible assets, net
Property, plant and equipment, net
Operating lease right-of-use assets
Other non-current assets
Total	(14,192)		(13,447)
Short-term debt
Current maturities of long-term debt
Current portion of operating lease liabilities
Accounts payable
Accrued liabilities
Intercompany payables	(47)		(46)
Total current liabilities	(47)		(46)
Long-term debt, excluding current maturities
Long-term intercompany debt	(6,384)		(6,038)
Non-current portion of operating lease liabilities
Postretirement and pension liabilities
Other non-current liabilities
Commitments and contingent liabilities
Noncontrolling interests
Crown Holdings shareholders’ equity/(deficit)	(7,761)		(7,363)
Total equity/(deficit)	(7,761)		(7,363)
Total	$ (14,192)		$ (13,447)

Condensed Combining Financial_6

Condensed Combining Financial Information - Condensed Combining Statement of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net cash provided by/(used for) operating activities	$ (666)	$ (751)
Capital expenditures	(75)	(92)
Beneficial interests in transferred receivables	0	175
Proceeds from sale of property, plant and equipment	5	0
Foreign exchange derivatives related to acquisitions	0	(25)
Net investment hedge	6	0
Net cash (used for) provided by investing activities	(64)	58
Proceeds from long-term debt	0	1,912
Payments of long-term debt	(281)	(13)
Net change in revolving credit facility and short-term debt	731	576
Payments of finance leases	(14)
Debt issue costs	0	(29)
Common stock issued	2	0
Common stock repurchased	(1)	(1)
Dividend paid to noncontrolling interests	(9)	0
Foreign exchange derivatives related to debt	(11)	10
Net cash provided by financing activities	417	2,455
Effect of exchange rate changes on cash, cash equivalents and restricted cash	2	14
Net change in cash, cash equivalents and restricted cash	(311)	1,776
Cash, cash equivalents and restricted cash beginning balance	659	435
Cash, cash equivalents and restricted cash ending balance	348	2,211
Crown Cork & Seal Company Inc.
Net cash provided by/(used for) operating activities	(666)	(751)
Capital expenditures	(75)	(92)
Beneficial interests in transferred receivables		175
Proceeds from sale of property, plant and equipment	5
Foreign exchange derivatives related to acquisitions		(25)
Net investment hedge	6
Net cash (used for) provided by investing activities	(64)	58
Proceeds from long-term debt		1,912
Payments of long-term debt	(281)	(13)
Net change in revolving credit facility and short-term debt	731	576
Net change in long-term intercompany balances	(1)	0
Payments of finance leases	(14)
Debt issue costs		(29)
Common stock issued	2
Common stock repurchased	(1)	(1)
Dividends paid	0
Dividend paid to noncontrolling interests	(9)
Foreign exchange derivatives related to debt	(11)	10
Net cash provided by financing activities	416	2,455
Effect of exchange rate changes on cash, cash equivalents and restricted cash	2	14
Net change in cash, cash equivalents and restricted cash	(312)	1,776
Cash, cash equivalents and restricted cash beginning balance	659	435
Cash, cash equivalents and restricted cash ending balance	347	2,211
Crown Cork & Seal Company Inc. | Parent
Net cash provided by/(used for) operating activities	0	(22)
Capital expenditures
Beneficial interests in transferred receivables
Proceeds from sale of property, plant and equipment
Net cash (used for) provided by investing activities	0
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	(1)	23
Payments of finance leases
Common stock issued	2
Common stock repurchased	(1)	(1)
Dividends paid
Foreign exchange derivatives related to debt
Net cash provided by financing activities		22
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	(2)	(21)
Capital expenditures
Beneficial interests in transferred receivables
Proceeds from sale of property, plant and equipment
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	2	21
Payments of finance leases
Common stock issued
Common stock repurchased
Dividends paid
Foreign exchange derivatives related to debt
Net cash provided by financing activities	2	21
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	(662)	(708)
Capital expenditures	(75)	(92)
Beneficial interests in transferred receivables		175
Proceeds from sale of property, plant and equipment	5
Foreign exchange derivatives related to acquisitions		(25)
Net investment hedge	6
Net cash (used for) provided by investing activities	(64)	58
Proceeds from long-term debt		1,912
Payments of long-term debt	(281)	(13)
Net change in revolving credit facility and short-term debt	731	576
Net change in long-term intercompany balances	(2)	(44)
Payments of finance leases	(14)
Debt issue costs		(29)
Common stock issued
Common stock repurchased
Dividends paid	(2)
Dividend paid to noncontrolling interests	(9)
Foreign exchange derivatives related to debt	(11)	10
Net cash provided by financing activities	412	2,412
Effect of exchange rate changes on cash, cash equivalents and restricted cash	2	14
Net change in cash, cash equivalents and restricted cash	(312)	1,776
Cash, cash equivalents and restricted cash beginning balance	659	435
Cash, cash equivalents and restricted cash ending balance	347	2,211
Crown Americas, LLC
Net cash provided by/(used for) operating activities	(666)	(751)
Capital expenditures	(75)	(92)
Beneficial interests in transferred receivables		175
Proceeds from sale of property, plant and equipment	5
Foreign exchange derivatives related to acquisitions		(25)
Net investment hedge	6
Net cash (used for) provided by investing activities	(64)	58
Proceeds from long-term debt		1,912
Payments of long-term debt	(281)	(13)
Net change in revolving credit facility and short-term debt	731	576
Payments of finance leases	(14)
Debt issue costs		(29)
Common stock issued	2
Common stock repurchased	(1)	(1)
Dividends paid	0
Dividend paid to noncontrolling interests	(9)
Foreign exchange derivatives related to debt	(11)	10
Net cash provided by financing activities	417	2,455
Effect of exchange rate changes on cash, cash equivalents and restricted cash	2	14
Net change in cash, cash equivalents and restricted cash	(311)	1,776
Cash, cash equivalents and restricted cash beginning balance	659	435
Cash, cash equivalents and restricted cash ending balance	348	2,211
Crown Americas, LLC | Parent
Net cash provided by/(used for) operating activities		(22)
Capital expenditures
Beneficial interests in transferred receivables
Proceeds from sale of property, plant and equipment
Foreign exchange derivatives related to acquisitions
Net investment hedge
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	(1)	23
Payments of finance leases
Common stock issued	2
Common stock repurchased	(1)	(1)
Dividends paid
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by financing activities		22
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	(31)	(29)
Capital expenditures
Beneficial interests in transferred receivables
Proceeds from sale of property, plant and equipment
Foreign exchange derivatives related to acquisitions
Net investment hedge	6
Net cash (used for) provided by investing activities	6
Proceeds from long-term debt		875
Payments of long-term debt	(5)	(4)
Net change in revolving credit facility and short-term debt	375	160
Net change in long-term intercompany balances	(434)	(349)
Payments of finance leases
Debt issue costs		(13)
Common stock issued
Common stock repurchased
Dividends paid
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by financing activities	(64)	669
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Net change in cash, cash equivalents and restricted cash	(89)	640
Cash, cash equivalents and restricted cash beginning balance	117	36
Cash, cash equivalents and restricted cash ending balance	28	676
Crown Americas, LLC | Guarantors
Net cash provided by/(used for) operating activities	(154)	(55)
Capital expenditures	(16)	(20)
Beneficial interests in transferred receivables
Proceeds from sale of property, plant and equipment	1
Foreign exchange derivatives related to acquisitions
Net investment hedge
Net cash (used for) provided by investing activities	(15)	(20)
Proceeds from long-term debt
Payments of long-term debt	(270)	(1)
Net change in revolving credit facility and short-term debt
Net change in long-term intercompany balances	438	75
Payments of finance leases	(13)
Common stock issued
Common stock repurchased
Dividends paid
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by financing activities	155	74
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Net change in cash, cash equivalents and restricted cash	(14)	(1)
Cash, cash equivalents and restricted cash beginning balance	19	3
Cash, cash equivalents and restricted cash ending balance	5	2
Crown Americas, LLC | Non- Guarantors
Net cash provided by/(used for) operating activities	(473)	(645)
Capital expenditures	(59)	(72)
Beneficial interests in transferred receivables		175
Proceeds from sale of property, plant and equipment	4
Foreign exchange derivatives related to acquisitions		(25)
Net investment hedge
Net cash (used for) provided by investing activities	(55)	78
Proceeds from long-term debt		1,037
Payments of long-term debt	(6)	(8)
Net change in revolving credit facility and short-term debt	356	416
Net change in long-term intercompany balances	(3)	251
Payments of finance leases	(1)
Debt issue costs		(16)
Common stock issued
Common stock repurchased
Dividends paid	(8)
Dividend paid to noncontrolling interests	(9)
Foreign exchange derivatives related to debt	(11)	10
Net cash provided by financing activities	318	1,690
Effect of exchange rate changes on cash, cash equivalents and restricted cash	2	14
Net change in cash, cash equivalents and restricted cash	(208)	1,137
Cash, cash equivalents and restricted cash beginning balance	523	396
Cash, cash equivalents and restricted cash ending balance	315	1,533
Eliminations | Crown Cork & Seal Company Inc.
Net cash provided by/(used for) operating activities	(2)
Capital expenditures
Beneficial interests in transferred receivables
Proceeds from sale of property, plant and equipment
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
Payments of finance leases
Debt issue costs
Common stock issued
Common stock repurchased
Dividends paid	2
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by financing activities	2
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash beginning balance
Eliminations | Crown Americas, LLC
Net cash provided by/(used for) operating activities	(8)
Capital expenditures
Beneficial interests in transferred receivables
Proceeds from sale of property, plant and equipment
Foreign exchange derivatives related to acquisitions
Net investment hedge
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
Payments of finance leases
Common stock issued
Common stock repurchased
Dividends paid	8
Dividend paid to noncontrolling interests
Foreign exchange derivatives related to debt
Net cash provided by financing activities	8
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash beginning balance