Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 918	$ 1,310
Receivables, net	1,656	1,719
Inventories	1,440	1,613
Prepaid expenses and other current assets	197	191
Total current assets	4,211	4,833
Goodwill	2,954	3,117
Intangible assets, net	1,044	1,258
Property, plant and equipment, net	4,927	5,062
Operating lease right-of-use assets, net	201	211
Other non-current assets	511	553
Total assets	13,848	15,034
Current liabilities
Short-term debt	66	16
Current maturities of long-term debt	80	759
Current portion of operating lease liabilities	47	45
Accounts payable	2,425	2,459
Accrued liabilities	847	922
Total current liabilities	3,465	4,201
Long-term debt, excluding current maturities	6,058	6,699
Postretirement and pension liabilities	260	414
Non-current portion of operating lease liabilities	167	175
Other non-current liabilities	670	681
Commitments and contingent liabilities (Note Q)
Equity
Noncontrolling interests	472	454
Preferred stock, authorized: 30,000,000; none issued (Note U)	0	0
Common stock, par value: $5.00; 500,000,000 shares authorized; 185,744,072 shares issued; 118,503,631 and 120,644,313 shares outstanding in 2024 and 2023 (Note U)	594	604
Additional paid-in capital	0	17
Retained earnings	3,624	3,476
Accumulated other comprehensive loss	(1,462)	(1,687)
Crown Holdings shareholders’ equity	2,756	2,410
Total equity	3,228	2,864
Total liabilities and equity	$ 13,848	$ 15,034

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).