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Quarterly Data (unaudited) | 12 Months Ended
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Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Quarterly Data (unaudited) | Quarterly Data (unaudited)
(in millions) |  | 2018 |  | 2017
|  | First (1) |  | Second (2) |  | Third (3) |  | Fourth (4) |  | First (5) |  | Second (6) |  | Third (7) |  | Fourth (8)
Net sales |  | $ | 2,197 |  |  | $ | 3,046 |  |  | $ | 3,174 |  |  | $ | 2,734 |  |  | $ | 1,901 |  |  | $ | 2,161 |  |  | $ | 2,468 |  |  | $ | 2,168 |
Gross profit * |  | 324 |  |  | 467 |  |  | 517 |  |  | 390 |  |  | 311 |  |  | 368 |  |  | 433 |  |  | 333 |
Net income (loss) attributable to Crown Holdings |  | 90 |  |  | 132 |  |  | 164 |  |  | 53 |  |  | 107 |  |  | 128 |  |  | 177 |  |  | (89 | )
Earnings per average common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.67 |  |  | $ | 0.99 |  |  | $ | 1.23 |  |  | $ | 0.40 |  |  | $ | 0.77 |  |  | $ | 0.95 |  |  | $ | 1.32 |  |  | $ | (0.67 | )
Diluted |  | 0.67 |  |  | 0.99 |  |  | 1.23 |  |  | 0.40 |  |  | 0.77 |  |  | 0.94 |  |  | 1.32 |  |  | (0.67 | )
Average common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | 133.5 |  |  | 133.6 |  |  | 133.7 |  |  | 133.7 |  |  | 138.5 |  | 135.3 |  | 134.0 |  |  | 133.4
Diluted |  | 133.8 |  |  | 133.8 |  |  | 133.8 |  |  | 134.1 |  |  | 139.0 |  | 135.7 |  | 134.4 |  | 133.8
* The Company defines gross profit as net sales less cost of products sold and depreciation and amortization. ** Source: New York Stock Exchange - Composite Transactions Notes:
(1) | Includes pre-tax charges of $13 for restructuring and other and $24 for acquisition costs.
(2) | Includes pre-tax charges of $40 for fair value adjustment to inventory and $16 for restructuring and other.
(3) | Includes a pre-tax benefit of $1 for restructuring and other.
(4) | Includes pre-tax charges of $16 for restructuring and other and $42 for pension and postretirement.
(5) | Includes pre-tax benefits of $4 for restructuring and other and $5 for hedge ineffectiveness.
(6) | Includes pre-tax charges of $18 for restructuring and other, $7 for loss from early extinguishment of debt and $8 for hedge ineffectiveness.
(7) | Includes a pre-tax charge of $16 for restructuring and other and pre-tax benefits of $4 for pension and postretirement of $1 for hedge ineffectiveness.
(8) | Includes pre-tax charges of $3 for asbestos claims and $21 for restructuring and other, a pre-tax benefit of $2 for hedge ineffectiveness, a $1 charge for pension and postretirement, and an income tax charge of $177 to recognize the provisional impact of US tax reform.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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