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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2016
Accounting Policies [Abstract] |
Estimated Useful Lives of PP&E | Depreciation and amortization are provided on a straight-line basis over the estimated useful lives of the assets described below (in years). The Company periodically reviews the estimated useful lives of its PP&E and, where appropriate, changes are made prospectively.
Land improvements | 25
Buildings and Building Improvements | 25 – 40
Machinery and Equipment | 3 – 18
| 2016 |  | 2015
Buildings and improvements | $ | 1,001 |  |  | $ | 1,009 |
Machinery and equipment | 4,628 |  |  | 4,667 |
Land and improvements | 168 |  |  | 180 |
Construction in progress | 406 |  |  | 229 |
| 6,203 |  |  | 6,085 |
Less: accumulated depreciation and amortization | (3,383 | ) |  | (3,386 | )
| $ | 2,820 |  |  | $ | 2,699 |
Schedule of Effects of Revision on the Company's Consolidated Balance Sheets and Statements of Operations | The effects of the revision on the Company’s Consolidated Balance Sheets were as follows:
|  | December 31, 2015
|  | As Reported | Adjustment | As Revised
Other non-current assets |  | 692 |  | 30 |  | 722 |
Total assets |  | 10,020 |  | 30 |  | 10,050 |
Other non-current liabilities |  | 655 |  | 80 |  | 735 |
Accumulated earnings |  | 2,175 |  | (50 | ) | 2,125 |
Crown Holdings shareholders' equity |  | 144 |  | (50 | ) | 94 |
Total equity |  | 435 |  | (50 | ) | 385 |
Total liabilities and equity |  | 10,020 |  | 30 |  | 10,050 |
The effects of the revision on the Company's Consolidated Statements of Operations were as follows:
|  | December 31, 2014
|  | As Reported | Adjustment | As Revised
Provision for asbestos |  | 45 |  | (5 | ) | 40 |
Income from operations |  | 810 |  | 5 |  | 815 |
Income before income taxes |  | 516 |  | 5 |  | 521 |
Provision for income taxes |  | 41 |  | 2 |  | 43 |
Net income |  | 475 |  | 3 |  | 478 |
Net income attributable to Crown Holdings |  | 387 |  | 3 |  | 390 |
Earnings per share attributable to Crown Holdings |  |
Basic |  | $ | 2.82 |  | $ | 0.02 |  | $ | 2.84 |
Diluted |  | $ | 2.79 |  | $ | 0.03 |  | $ | 2.82 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22663-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22644-107794 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22658-107794 + Details
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