XML 72 R55.htm IDEA: XBRL DOCUMENT v3.24.0.1

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Components of Income Before Income Taxes

The components of income before income taxes were as follows: 

			2023						2022						2021
U.S.			$	(1)					$	295					$	143
Foreign			796						761						(562)
			$	795					$	1,056					$	(419)

Schedule of Provision for Income Taxes

The provision for income taxes consisted of the following: 

			2023						2022						2021
Current tax:
U.S. federal			$	31					$	18					$	2
State and foreign			244						190						239
			$	275					$	208					$	241
Deferred tax:
U.S. federal			$	(27)					$	46					$	46
State and foreign			(26)						(11)						(344)
			(53)						35						(298)
Total			$	222					$	243					$	(57)

Schedule of U.S. Statutory Federal Income Tax Rate to Pre-tax Income

The provision for income taxes differs from the amount of income tax determined by applying the U.S. statutory federal income tax rate to pre-tax income as a result of the following items:

			2023						2022						2021
U.S. statutory rate at 21%			$	167					$	222					$	(88)
Tax on foreign income			7						(30)						(35)
Foreign withholding taxes			23						5						6
Valuation allowance changes			5						33						26
State taxes			2						(2)						9
U.S. taxes on foreign income, net of credits			5						1						13
Tax contingencies			2						7						8
Tax law changes			8						2						(8)
Other items, net			3						5						12
Income tax provision / (benefit)			$	222					$	243					$	(57)

Schedule of Components of Deferred Taxes

The components of deferred taxes at December 31 were:

			2023												2022
			Assets						Liabilities						Assets						Liabilities
Tax carryforwards			$	274					—						$	266					$	—
Disallowed interest carryforwards			54						—						5						—
Intangible assets			—						292						—						298
Property, plant and equipment			16						253						15						225
Pensions			90						20						87						20
Accruals and other			123						94						105						103
Asbestos			50						—						53						—
Postretirement and postemployment benefits			23						—						25						—
Lease liabilities			32						—						32						—
Right of use assets			—						31						—						30
Valuation allowances			(178)						—						(173)						—
Total			$	484					$	690					$	415					$	676

Schedule of Tax Loss and Credit Carryforwards Expiration

Tax carryforwards expire as follows:

Year						Amount
2024						$	7
2025						15
2026						17
2027						10
2028						3
Thereafter						94
Unlimited						128

Schedule of Reconciliation of Unrecognized Tax Benefits

A reconciliation of unrecognized tax benefits follows:

			2023						2022						2021
Balance at January 1			$	46					$	48					$	42
Additions for prior year tax positions			6						7						9
Lapse of statute of limitations			(4)						(1)						(1)
Settlements			(2)						(6)						—
Foreign currency translation			—						(2)						(2)
Balance at December 31			$	46					$	46					$	48

X

- Definition

Schedule of Tax Loss and Credit Carryforwards Expiration [Table Text Block]

+ References

No definition available.

+ Details

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

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 9
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-9

+ Details

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

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-2

+ Details

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

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-12

+ Details

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

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(1)(Note 1))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

+ Details

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

X

- Definition

Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-15

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-15A

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 19
-SubTopic 10
-Topic 740
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-19

+ Details

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