Crown Holdings, Inc. (CCK) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,173607607424559717965
Cash and cash equivalents1,173607607424559717965
Restricted cash and investments645045    
Receivables1,7831,5281,6021,0418659121,031
Inventory, net of allowances, customer advances and progress billings1,6731,6261,6901,3851,2451,2131,324
Inventory1,6731,6261,6901,3851,2451,2131,324
Contract with customer, asset373016
Disposal group, including discontinued operation      48
Other undisclosed current assets153161119224172207256
Total current assets:4,8834,0024,0793,0742,8413,0493,624
Noncurrent Assets
Operating lease, right-of-use asset214204
Property, plant and equipment4,1983,8873,7453,2392,8202,6992,437
Intangible assets, net (including goodwill), including:6,4736,4456,6353,5183,2633,5802,926
Goodwill4,5934,4304,4423,0462,7913,0032,671
Intangible assets, net (excluding goodwill)1,8802,0152,193469470575253
Other undisclosed intangible assets, net (including goodwill)   3222
Deferred costs      76
Other noncurrent assets902967803832675692721
Defined benefit plan, assets for plan benefits  13
Other undisclosed noncurrent assets      (89)
Total noncurrent assets:11,78711,50311,1837,5896,7586,9716,084
TOTAL ASSETS:16,67015,50515,26210,6639,59910,0209,708
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:4,0183,7113,7383,1242,7022,6452,651
Accounts payable2,8452,6462,7322,3671,9511,8381,881
Accrued liabilities1,1731,0651,006    
Employee-related liabilities   162162190169
Taxes payable   120107109108
Interest and dividends payable   54546264
Other undisclosed accounts payable and accrued liabilities   421428446429
Debt188188175126194263252
Derivative instruments and hedges, liabilities      45
Disposal group, including discontinued operation      23
Deferred tax liabilities    11
Other undisclosed current liabilities55     (56)
Total current liabilities:4,2613,8993,9133,2502,8962,9082,926
Noncurrent Liabilities
Long-term debt and lease obligation8,1877,9748,5175,2174,7175,2555,007
Long-term debt, excluding current maturities8,0237,8188,5175,2174,7175,2555,007
Operating lease, liability164156
Liabilities, other than long-term debt1,6181,5401,5461,2731,3181,4221,530
Accounts payable and accrued liabilities      17
Deferred tax liabilities, net    96
Liability, pension and other postretirement and postemployment benefits762683683588620767900
Other liabilities856857863685698655517
Other undisclosed noncurrent liabilities      (142)
Total noncurrent liabilities:9,8059,51410,0636,4906,0356,6776,395
Total liabilities:14,06613,41313,9769,7408,9319,5859,321
Stockholders' equity
Stockholders' equity attributable to parent2,1981,713937601366144119
Common stock929929929929929929929
Treasury stock, value(255)(251)(253)(258)(230)(232)(234)
Additional paid in capital179207186167446426407
Accumulated other comprehensive loss(3,193)(3,131)(3,374)(3,241)(3,400)(3,154)(2,765)
Retained earnings4,5383,9593,4493,0042,6212,1751,782
Stockholders' equity attributable to noncontrolling interest406379349322302291268
Total stockholders' equity:2,6042,0921,286923668435387
TOTAL LIABILITIES AND EQUITY:16,67015,50515,26210,6639,59910,0209,708

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues11,57511,66511,1518,6988,2848,7629,097
Revenue, net8,6988,2848,7629,097
Cost of revenue
(Cost of Goods and Services Sold)
(9,663)(9,839)(425)(247)(247)(237)(190)
Other undisclosed gross profit      (7,525)
Gross profit:1,9121,82610,7268,4518,0378,5251,382
Operating expenses(637)(678)(609)(391)(380)(428)(506)
Other undisclosed operating income (loss)(11)48(9,021)(6,983)(6,636)(7,170) 
Operating income:1,2641,1961,0961,0771,021927876
Nonoperating income (expense)(38)(5)281128(9)(7)
Investment income, nonoperating817211512117
Foreign currency transaction gain (loss), before tax(1)(9)(18)(4)16(20)(14)
Net periodic defined benefits expense (reversal of expense), excluding service cost component(45)(13)25
Interest and debt expense(300)(405)(384)(259)(280)(279)(287)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (66)
Income from continuing operations before equity method investments, income taxes:926786740829769639516
Income from equity method investments654    
Income from continuing operations before income taxes:932791744829769639516
Income tax expense(244)(166)(216)(401)(186)(178)(41)
Net income:688625528428583461475
Net loss attributable to noncontrolling interest(109)(115)(89)(105)(87)(68)(88)
Net income available to common stockholders, diluted:579510439323496393387

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:688625528428583461475
Other comprehensive income (loss)(57)245(139)162(246)(393)(251)
Comprehensive income:63187038959033768224
Comprehensive loss, net of tax, attributable to noncontrolling interest(109)(115)(89)(105)(87)(68)(88)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(5)(2)3(3) 4(1)
Comprehensive income, net of tax, attributable to parent:5177533034822504135

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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