CROWN HOLDINGS INC
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
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F. Goodwill
Changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2024 and 2023 were as follows:
| Americas Beverage | European Beverage | Transit Packaging | Other | Total | |
|---|---|---|---|---|---|
| Balance at January 1, 2023 | $850 | $491 | $1,428 | $182 | $2,951 |
| Goodwill acquired | — | 37 | — | — | 37 |
| Foreign currency translation | 71 | 22 | 35 | 1 | 129 |
| Balance at December 31, 2023 | 921 | 550 | 1,463 | 183 | 3,117 |
| Transfers and adjustments | — | 8 | (3) | 3 | 8 |
| Foreign currency translation | (94) | (22) | (50) | (5) | (171) |
| Balance at December 31, 2024 | $827 | $536 | $1,410 | $181 | $2,954 |
During the year-ended December 31, 2023, goodwill acquired was from the acquisition of Helvetia Packaging AG. See Note B for more information.
The carrying amount of goodwill at December 31, 2024 and 2023 was net of the following accumulated impairments:
| Americas Beverage | European Beverage | Other | Total | |
|---|---|---|---|---|
| Accumulated impairments | $29 | $73 | $11 | $113 |
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