XML 67 R50.htm IDEA: XBRL DOCUMENT v3.24.0.1

Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Outstanding Debt

			2023												2022
			Principal						Carrying						Principal						Carrying
			outstanding						amount						outstanding						amount
Short-term debt			$	16					$	16					$	76					$	76
Long-term debt
Senior secured borrowings:
Revolving credit facilities			—						—						329						329
Term loan facilities
U.S. dollar due 2027			1,575						1,569						1,800						1,792
Euro due 20271			589						589						578						578
Senior notes and debentures:
€600 at 2.625% due 2024			663						662						642						640
€600 at 3.375% due 2025			663						662						642						640
U.S. dollar at 4.25% due 2026			400						398						400						397
U.S. dollar at 4.75% due 2026			875						871						875						869
U.S. dollar at 7.375% due 2026			350						350						350						348
€500 at 2.875% due 2026			552						550						536						532
€500 at 5.00% due 2028			552						544						—						—
€500 at 4.75% due 2029			552						544						—						—
U.S. dollar at 5.25% due 2030			500						494						500						494
U.S. dollar at 7.50% due 2096			40						40						40						40
Other indebtedness in various currencies:
Fixed rate with rates in 2023 from 2.6% to 14.4% due through 2027			169						169						221						221
Variable rate with an average rate in 2023 of 3.6% due 2026			16						16						21						21
Total long-term debt			7,496						7,458						6,934						6,901
Less: current maturities			(759)						(759)						(109)						(109)
Total long-term debt, less current maturities			$	6,737					$	6,699					$	6,825					$	6,792

(1) €533 at December 31, 2023 and €540 at December 31, 2022

Schedule of Weighted Average Interest Rates

The weighted average interest rates were as follows:

			2023						2022						2021
Short-term debt			13.2		%				3.8		%				0.6		%
Revolving credit facilities			4.5		%				2.5		%				1.2		%

X

- Definition

Schedule of weighted average interest rates [Table Text Block]

+ References

No definition available.

+ Details

Name:	cck_ScheduleOfWeightedAverageInterestRatesTableTextBlock
Namespace Prefix:	cck_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69E
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481568/470-20-55-69E

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482925/835-30-45-2

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482925/835-30-45-1A

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-3

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482949/835-30-55-8

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480848/942-470-50-3

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-8

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-6

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-7

+ Details

Name:	us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration