XML 61 R51.htm IDEA: XBRL DOCUMENT
v3.20.1

Derivative and Other Financial Instruments - Narrative (Details) € in Millions | 3 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Mar. 31, 2020 USD ($) | Mar. 31, 2019 USD ($) | Dec. 31, 2019 USD ($) | Mar. 31, 2020 EUR (€) | Mar. 31, 2020 USD ($)
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Objective for using derivative instruments | The Company’s objective in managing exposure to market and interest rate risk is to limit the impact on earnings and cash flow. |  |  |  |
Loss expected to be reclassified to earnings | $ 51,000,000 |  |  |  |
Loss, net of tax, expected to be reclassified to earnings | 41,000,000 |  |  |  |
Reclassification of anticipated transactions that were no longer considered probable | $ 0 | $ 0 |  |  |
Minimum |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Derivative, remaining maturity range | 1 month |  |  |  |
Maximum |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Derivative, remaining maturity range | 30 months |  |  |  |
Derivatives not designated as hedges | Foreign exchange |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Derivative, Notional Amount |  |  | $ 1,017,000,000 |  | $ 921,000,000
Derivatives in cash flow hedges | Interest Rate Swap |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Amount of gain/(loss) recognized in AOCI (effective portion) | $ (1,000,000) | 0 |  |  |
Derivative, Notional Amount |  |  | 200,000,000 |  | 200,000,000
Derivatives in cash flow hedges | Commodities |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Derivative, Notional Amount |  |  | 334,000,000 |  | 356,000,000
Derivatives in cash flow hedges | Foreign exchange |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Derivative, Notional Amount |  |  | 1,030,000,000 |  | 807,000,000
Derivatives in cash flow hedges | Designated as Hedging Instrument |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Amount of gain/(loss) recognized in AOCI (effective portion) | (39,000,000) | 6,000,000 |  |  |
Derivatives in cash flow hedges | Designated as Hedging Instrument | Commodities |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Amount of gain/(loss) recognized in AOCI (effective portion) | (39,000,000) | 10,000,000 |  |  |
Derivatives in cash flow hedges | Designated as Hedging Instrument | Foreign exchange |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Amount of gain/(loss) recognized in AOCI (effective portion) | 1,000,000 | (4,000,000) |  |  |
Derivatives in fair value hedges | Foreign exchange |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Derivative, Notional Amount |  |  | 142,000,000 |  | 158,000,000
Derivatives in fair value hedges | Designated as Hedging Instrument |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Cumulative amount of fair value hedging adjustment included in the carrying about of the hedged assets |  |  | 2,000,000 |  | 13,000,000
Derivatives in fair value hedges | Designated as Hedging Instrument | Foreign exchange |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Losses from foreign exchange contracts designated as fair value hedges (less than) | 1,000,000 | 1,000,000 |  |  |
Derivatives designated as net investment hedges |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Carrying amount of hedged net investment |  |  |  | € 1,253 | 1,138,000,000
Derivatives designated as net investment hedges | Accumulated Other Comprehensive Income |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Loss on net investment hedge settlements | 6,000,000 |  | 32,000,000 |  |
Loss on net investment hedge settlements, net of tax | 17,000,000 |  | (9,000,000) |  |
Derivatives designated as net investment hedges | Foreign exchange |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Derivative, Notional Amount |  |  | $ 1,075,000,000 |  | $ 1,075,000,000
Derivatives designated as net investment hedges | Designated as Hedging Instrument | Foreign exchange |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Amount of gain/(loss) recognized in AOCI (effective portion) | 61,000,000 | 26,000,000 |  |  |
Derivatives designated as net investment hedges | Other Comprehensive Income |  |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |  |
Loss on net investment hedge settlements | (26,000,000) | (28,000,000) |  |  |
Loss on net investment hedge settlements, net of tax | $ 26,000,000 | $ 28,000,000 |  |  |

X
- Definition Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months Net Of Tax + References No definition available. + Details
Name: | cck_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsNetOfTax
Namespace Prefix: | cck_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Gain (Loss) on Derivative Used in Net Investment Hedge, Pretax + References No definition available. + Details
Name: | cck_GainLossOnDerivativeUsedInNetInvestmentHedgePretax
Namespace Prefix: | cck_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The estimated net amount of existing gains or losses on cash flow hedges at the reporting date expected to be reclassified to earnings within the next 12 months. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=112277219&loc=d3e80748-113994 + Details
Name: | us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of hedged item in hedging relationship. Excludes hedged asset or liability. + References No definition available. + Details
Name: | us-gaap_DerivativeAmountOfHedgedItem
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsGainLossLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959 + Details
Name: | us-gaap_DerivativeNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Period remaining until the derivative contract matures, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DerivativeRemainingMaturity1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of net gain (loss) reclassified into earnings in the period when cash flow hedge is discontinued because it is probable that the original forecasted transactions will not occur by the end of the original period or an additional two month time period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=112277219&loc=d3e80748-113994 + Details
Name: | us-gaap_GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of gain (loss) from the increase (decrease) in fair value of foreign currency derivatives and nonderivative instruments designated as fair value hedging instruments which were recognized in earnings, net of offsets by the gain (loss) on the hedged item to the extent that the fair value hedge was determined to be effective. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 + Details
Name: | us-gaap_GainLossOnForeignCurrencyFairValueHedgeDerivatives
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of cumulative increase (decrease) in fair value of hedged asset in fair value hedge, attributable to hedged risk. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4EE -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL109999712-113959 + Details
Name: | us-gaap_HedgedAssetFairValueHedgeCumulativeIncreaseDecrease
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Description of the reasons for holding or issuing derivative instruments and nonderivative hedging instruments. Includes discussion of the objectives for holding or issuing derivative instruments, the context needed to understand those objectives, and the strategies for achieving those objectives. The description generally distinguishes between derivative and nonderivative instruments by the types of hedging relationships and between those instruments used for risk management purposes and those used for other purposes. Information about those instruments is disclosed in the context of each instrument's primary underlying risk exposure (for example, interest rate, credit, foreign exchange rate, interest rate and foreign exchange rate, or overall price). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579240-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41620-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41641-113959 + Details
Name: | us-gaap_ObjectivesForUsingDerivativeInstruments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount before tax of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e637-108580 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109978405&loc=d3e80720-113993 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580 + Details
Name: | us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, after tax, of reclassification from accumulated other comprehensive income (AOCI) of gain (loss) from increase (decrease) in fair value of net investment hedge. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4CCC -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL109998896-113959 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669646-108580 + Details
Name: | us-gaap_TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CommodityContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_FairValueHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NetInvestmentHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedOtherComprehensiveIncomeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_OtherComprehensiveIncomeLocationAxis=us-gaap_OtherComprehensiveIncomeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |