Crown Holdings, Inc. (CCK) financial statements (2020 and earlier)

Company profile

Business Address 770 TOWNSHIP LINE ROAD
YARDLEY, PA 19067
State of Incorp. PA
Fiscal Year End December 31
SIC 3411 - Metal Cans (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments607607424559717965689
Cash and cash equivalents607607424559717965689
Restricted cash and investments5045     
Receivables1,5281,6021,0418659121,0311,064
Inventory, net of allowances, customer advances and progress billings1,6261,6901,3851,2451,2131,3241,213
Inventory1,6261,6901,3851,2451,2131,3241,213
Contract with customer, asset3016
Disposal group, including discontinued operation     48 
Other undisclosed current assets161119224172207256214
Total current assets:4,0024,0793,0742,8413,0493,6243,180
Noncurrent Assets
Operating lease, right-of-use asset204
Property, plant and equipment3,8873,7453,2392,8202,6992,4372,152
Intangible assets, net (including goodwill), including:6,4456,6353,5183,2633,5802,9262,016
Goodwill4,4304,4423,0462,7913,0032,6712,016
Intangible assets, net (excluding goodwill)2,0152,193469470575253 
Other undisclosed intangible assets, net (including goodwill)  3222
Deferred costs     7654
Other noncurrent assets967803832675692721682
Defined benefit plan, assets for plan benefits  1321
Other undisclosed noncurrent assets     (89)(75)
Total noncurrent assets:11,50311,1837,5896,7586,9716,0844,850
TOTAL ASSETS:15,50515,26210,6639,59910,0209,7088,030
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,7113,7383,1242,7022,6452,6512,547
Accounts payable2,6462,7322,3671,9511,8381,881 
Accrued liabilities1,0651,006     
Employee-related liabilities  162162190169164
Taxes payable  120107109108118
Interest and dividends payable  54546264 
Other undisclosed accounts payable and accrued liabilities  4214284464292,265
Debt188175126194263252373
Derivative instruments and hedges, liabilities     4558
Disposal group, including discontinued operation     23 
Deferred tax liabilities    1130
Other undisclosed current liabilities     (56)(88)
Total current liabilities:3,8993,9133,2502,8962,9082,9262,920
Noncurrent Liabilities
Long-term debt and lease obligation7,9748,5175,2174,7175,2555,0073,469
Long-term debt, excluding current maturities7,8188,5175,2174,7175,2555,0073,469
Operating lease, liability156
Liabilities, other than long-term debt1,5401,5461,2731,3181,4221,5301,435
Pension and other postretirement defined benefit plans, liabilities891
Accounts payable and accrued liabilities     17 
Accrued income taxes22
Deferred tax liabilities, net    9631
Postemployment benefits liability28
Liability, pension and other postretirement and postemployment benefits683683588620767900
Other liabilities857863685698655517461
Derivative instruments and hedges, liabilities      2
Other undisclosed noncurrent liabilities     (142)(83)
Total noncurrent liabilities:9,51410,0636,4906,0356,6776,3954,821
Total liabilities:13,41313,9769,7408,9319,5859,3217,741
Stockholders' equity
Stockholders' equity attributable to parent1,7139376013661441194
Common stock929929929929929929929
Treasury stock, value(251)(253)(258)(230)(232)(234)(238)
Additional paid in capital207186167446426407431
Accumulated other comprehensive loss(3,131)(3,374)(3,241)(3,400)(3,154)(2,765)(2,513)
Retained earnings3,9593,4493,0042,6212,1751,7821,395
Stockholders' equity attributable to noncontrolling interest379349322302291268285
Total stockholders' equity:2,0921,286923668435387289
TOTAL LIABILITIES AND EQUITY:15,50515,26210,6639,59910,0209,7088,030

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues11,66511,1518,6988,2848,7629,097261
Revenue, net8,6988,2848,7629,0978,656
Cost of revenue
(Cost of Goods and Services Sold)
(9,839)(425)(247)(247)(237)(190)(134)
Other undisclosed gross profit     (7,525)1,215
Gross profit:1,82610,7268,4518,0378,5251,3821,342
Operating expenses(678)(609)(391)(380)(428)(506)(548)
Other undisclosed operating income (loss)48(9,021)(6,983)(6,636)(7,170)  
Operating income:1,1961,0961,0771,021927876794
Nonoperating income (expense)(5)281128(9)(7)2
Investment income, nonoperating172115121175
Foreign currency transaction gain (loss), before tax(9)(18)(4)16(20)(14)(3)
Net periodic defined benefits expense (reversal of expense), excluding service cost component(13)25
Interest and debt expense(405)(384)(259)(280)(279)(287)(277)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes     (66)57
Income from continuing operations before equity method investments, income taxes:786740829769639516576
Income from equity method investments54     
Income from continuing operations before income taxes:791744829769639516576
Income tax expense(166)(216)(401)(186)(178)(41)(148)
Net income:625528428583461475428
Net loss attributable to noncontrolling interest(115)(89)(105)(87)(68)(88)(104)
Net income available to common stockholders, diluted:510439323496393387324

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:625528428583461475428
Other comprehensive income (loss)245(139)162(246)(393)(251)99
Comprehensive income:87038959033768224527
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(115)(89)(105)(87)(68)(88)102
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(2)3(3) 4(1)(204)
Comprehensive income, net of tax, attributable to parent:7533034822504135425

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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