CROWN HOLDINGS INC
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
CCK$123.40+1.7%Stored close · as of Nov 9, 2026
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CONSOLIDATED STATEMENTS OF OPERATIONS
(In millions except per share data)
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $3,074 | $3,069 | $8,898 | $9,152 |
| Cost of products sold, excluding depreciation and amortization | 2,383 | 2,427 | 7,009 | 7,301 |
| Depreciation and amortization | 114 | 124 | 344 | 372 |
| Selling and administrative expense | 146 | 129 | 450 | 437 |
| Restructuring and other, net | (13) | 15 | 27 | 32 |
| Income from operations | 444 | 374 | 1,068 | 1,010 |
| Other pension and postretirement | 523 | 11 | 547 | 38 |
| Interest expense | 119 | 111 | 344 | 323 |
| Interest income | (24) | (13) | (60) | (34) |
| Foreign exchange | 3 | 13 | 15 | 31 |
| Income (loss) before taxes and equity in net earnings of affiliates | (177) | 252 | 222 | 652 |
| Provision for income taxes | (39) | 62 | 55 | 163 |
| Equity in net earnings of affiliates | 6 | 10 | 1 | 20 |
| Net income (loss) | (132) | 200 | 168 | 509 |
| Net income attributable to noncontrolling interests | 43 | 41 | 102 | 91 |
| Net income (loss) attributable to Crown Holdings | $(175) | $159 | $66 | $418 |
| Earnings (loss) per common share attributable to Crown Holdings: | ||||
| Basic | $(1.47) | $1.33 | $0.55 | $3.50 |
| Diluted | $(1.47) | $1.33 | $0.55 | $3.49 |
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