2023 Q3 Form 10-Q Financial Statement
#000121960123000026 Filed on July 28, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
Revenue | $3.069B | $3.109B |
YoY Change | -5.83% | -11.42% |
Cost Of Revenue | $2.427B | $2.463B |
YoY Change | -10.97% | -13.91% |
Gross Profit | $642.0M | $646.0M |
YoY Change | 20.45% | -0.46% |
Gross Profit Margin | 20.92% | 20.78% |
Selling, General & Admin | $129.0M | $148.0M |
YoY Change | 5.74% | 5.71% |
% of Gross Profit | 20.09% | 22.91% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $124.0M | $125.0M |
YoY Change | 7.83% | 7.76% |
% of Gross Profit | 19.31% | 19.35% |
Operating Expenses | $129.0M | $148.0M |
YoY Change | -45.57% | 5.71% |
Operating Profit | $374.0M | $367.0M |
YoY Change | 26.35% | -21.24% |
Interest Expense | $111.0M | $110.0M |
YoY Change | -226.14% | 71.88% |
% of Operating Profit | 29.68% | 29.97% |
Other Income/Expense, Net | -$11.00M | -$16.00M |
YoY Change | -320.0% | -500.0% |
Pretax Income | $252.0M | $239.0M |
YoY Change | 24.14% | -40.55% |
Income Tax | $62.00M | $59.00M |
% Of Pretax Income | 24.6% | 24.69% |
Net Earnings | $159.0M | $157.0M |
YoY Change | 25.2% | -46.78% |
Net Earnings / Revenue | 5.18% | 5.05% |
Basic Earnings Per Share | $1.33 | $1.31 |
Diluted Earnings Per Share | $1.33 | $1.31 |
COMMON SHARES | ||
Basic Shares Outstanding | 120.6M shares | 120.1M shares |
Diluted Shares Outstanding | 119.7M shares | 119.6M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $807.0M | $547.0M |
YoY Change | 119.29% | 24.89% |
Cash & Equivalents | $807.0M | $547.0M |
Short-Term Investments | ||
Other Short-Term Assets | $211.0M | $240.0M |
YoY Change | -27.49% | -14.59% |
Inventory | $1.664B | $1.908B |
Prepaid Expenses | ||
Receivables | $1.417B | $1.547B |
Other Receivables | $316.0M | $337.0M |
Total Short-Term Assets | $4.452B | $4.612B |
YoY Change | -10.37% | -9.59% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $4.876B | $4.890B |
YoY Change | 14.33% | 18.32% |
Goodwill | $2.994B | $3.050B |
YoY Change | 5.39% | 3.64% |
Intangibles | $1.248B | $1.310B |
YoY Change | -7.21% | -6.83% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $537.0M | $484.0M |
YoY Change | -33.37% | -18.93% |
Total Long-Term Assets | $9.869B | $9.957B |
YoY Change | 6.61% | 7.09% |
TOTAL ASSETS | ||
Total Short-Term Assets | $4.452B | $4.612B |
Total Long-Term Assets | $9.869B | $9.957B |
Total Assets | $14.32B | $14.57B |
YoY Change | 0.68% | 1.18% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.215B | $2.325B |
YoY Change | -23.3% | -26.77% |
Accrued Expenses | $873.0M | $938.0M |
YoY Change | -3.43% | -3.7% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $51.00M | $106.0M |
YoY Change | -38.55% | 39.47% |
Long-Term Debt Due | $774.0M | $140.0M |
YoY Change | 723.4% | -87.13% |
Total Short-Term Liabilities | $3.957B | $3.554B |
YoY Change | -1.32% | -33.64% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $6.240B | $6.986B |
YoY Change | -6.99% | 27.81% |
Other Long-Term Liabilities | $726.0M | $737.0M |
YoY Change | -47.01% | 0.68% |
Total Long-Term Liabilities | $6.966B | $7.723B |
YoY Change | -13.78% | 24.6% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $3.957B | $3.554B |
Total Long-Term Liabilities | $6.966B | $7.723B |
Total Liabilities | $10.92B | $11.28B |
YoY Change | -13.02% | -2.4% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $2.341B | $2.235B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $14.32B | $14.57B |
YoY Change | 0.68% | 1.18% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $159.0M | $157.0M |
YoY Change | 25.2% | -46.78% |
Depreciation, Depletion And Amortization | $124.0M | $125.0M |
YoY Change | 7.83% | 7.76% |
Cash From Operating Activities | $539.0M | $528.0M |
YoY Change | -969.35% | 6.24% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $160.0M | $221.0M |
YoY Change | -153.87% | -214.51% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $18.00M | $4.000M |
YoY Change | 20.0% | -97.78% |
Cash From Investing Activities | -$142.0M | -$217.0M |
YoY Change | -49.65% | 1569.23% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -136.0M | -161.0M |
YoY Change | -150.37% | -55.15% |
NET CHANGE | ||
Cash From Operating Activities | 539.0M | 528.0M |
Cash From Investing Activities | -142.0M | -217.0M |
Cash From Financing Activities | -136.0M | -161.0M |
Net Change In Cash | 261.0M | 150.0M |
YoY Change | -452.7% | 20.0% |
FREE CASH FLOW | ||
Cash From Operating Activities | $539.0M | $528.0M |
Capital Expenditures | $160.0M | $221.0M |
Free Cash Flow | $379.0M | $307.0M |
YoY Change | 61.28% | -55.51% |
Facts In Submission
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Comprehensive Income Net Of Tax
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Receivables Net Current
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Inventory Net
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Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
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Goodwill
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Intangible Assets Net Excluding Goodwill
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Long Term Debt Noncurrent
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Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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Operating Lease Liability Noncurrent
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Pension Expense
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Share Based Compensation
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Proceeds From Divestiture Of Businesses
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Proceeds From Divestiture Of Businesses
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Payments To Acquire Businesses Net Of Cash Acquired
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Payments To Acquire Businesses Net Of Cash Acquired
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Net Cash Provided By Used In Investing Activities
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|
593000000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
643000000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
526000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2287000000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
122000000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
104000000 | usd |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
36000000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
0 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11000000 | usd |
CY2023Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
6000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2482000000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
187000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
73000000 | usd |
CY2023Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
28000000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6000000 | usd |
CY2023Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
5000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2715000000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2330000000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
246000000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
62000000 | usd |
CY2022Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
38000000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
0 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
10000000 | usd |
CY2022Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
350000000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2260000000 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
329000000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-117000000 | usd |
CY2022Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
39000000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
0 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6000000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1000000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2190000000 | usd |
CY2023Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
96000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
89000000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
643000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
639000000 | usd |
CY2023Q2 | us-gaap |
Supplier Finance Program Payment Timing Period
SupplierFinanceProgramPaymentTimingPeriod
|
P150D | |
CY2023Q2 | us-gaap |
Supplier Finance Program Obligation
SupplierFinanceProgramObligation
|
719000000 | usd |
CY2022Q4 | us-gaap |
Supplier Finance Program Obligation
SupplierFinanceProgramObligation
|
1037000000 | usd |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
547000000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
550000000 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1226000000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1132000000 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
36000000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
22000000 | usd |
CY2023Q2 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
1190000000 | usd |
CY2022Q4 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
1110000000 | usd |
CY2023Q2 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
370000000 | usd |
CY2022Q4 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
363000000 | usd |
CY2023Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
337000000 | usd |
CY2022Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
370000000 | usd |
CY2023Q2 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1897000000 | usd |
CY2022Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1843000000 | usd |
CY2023Q2 | us-gaap |
Insurance Settlements Receivable
InsuranceSettlementsReceivable
|
6000000 | usd |
CY2022Q4 | us-gaap |
Insurance Settlements Receivable
InsuranceSettlementsReceivable
|
23000000 | usd |
CY2023Q2 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
1188000000 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
1352000000 | usd |
CY2023Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
168000000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
156000000 | usd |
CY2023Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
552000000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
506000000 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
1908000000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
2014000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2262000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
952000000 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1310000000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2200000000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
842000000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1358000000 | usd |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
41000000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
81000000 | usd | |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
39000000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
79000000 | usd | |
CY2023Q2 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
-1000000 | usd |
CY2022Q2 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
110000000 | usd |
us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
-3000000 | usd | |
us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
115000000 | usd | |
CY2023Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
5000000 | usd |
CY2022Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
35000000 | usd |
us-gaap |
Restructuring Charges
RestructuringCharges
|
14000000 | usd | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
38000000 | usd | |
CY2023Q2 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
0 | usd |
CY2022Q2 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
2000000 | usd |
us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
0 | usd | |
us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
3000000 | usd | |
CY2023Q2 | cck |
Restructuring And Other
RestructuringAndOther
|
6000000 | usd |
CY2022Q2 | cck |
Restructuring And Other
RestructuringAndOther
|
-73000000 | usd |
cck |
Restructuring And Other
RestructuringAndOther
|
17000000 | usd | |
cck |
Restructuring And Other
RestructuringAndOther
|
-74000000 | usd | |
cck |
Holding Period For Insulation Operations
HoldingPeriodForInsulationOperations
|
P90D | ||
us-gaap |
Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
|
7000000 | usd | |
CY2022Q4 | us-gaap |
Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
|
57500 | claim |
us-gaap |
Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
|
600 | claim | |
us-gaap |
Loss Contingency Claims Settled And Dismissed Number
LossContingencyClaimsSettledAndDismissedNumber
|
200 | claim | |
CY2023Q2 | us-gaap |
Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
|
57900 | claim |
CY2022Q4 | us-gaap |
Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
|
57500 | claim |
CY2023Q2 | cck |
Asbestos Related Claims Inactive Number
AsbestosRelatedClaimsInactiveNumber
|
19000 | inactiveclaim |
CY2022Q4 | cck |
Percentage Of Asbestos Related Claims Alleging Serious Diseases
PercentageOfAsbestosRelatedClaimsAllegingSeriousDiseases
|
0.24 | |
CY2021Q4 | cck |
Percentage Of Asbestos Related Claims Alleging Serious Diseases
PercentageOfAsbestosRelatedClaimsAllegingSeriousDiseases
|
0.24 | |
CY2023Q2 | cck |
Accrued Asbestos Claim And Related Legal Costs
AccruedAsbestosClaimAndRelatedLegalCosts
|
213000000 | usd |
CY2023Q2 | cck |
Accrued Asbestos Unasserted Claims
AccruedAsbestosUnassertedClaims
|
165000000 | usd |
CY2022Q4 | cck |
Percentage Of Claims Damages Not Specified
PercentageOfClaimsDamagesNotSpecified
|
0.82 | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
-16000000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
-66000000 | usd |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
-13000000 | usd | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.44 | ||
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
-21000000 | usd | |
us-gaap |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
|
-18000000 | usd | |
cck |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months Net Of Tax
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsNetOfTax
|
-15000000 | usd | |
us-gaap |
Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
|
0 | usd | |
us-gaap |
Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
|
0 | usd | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Investment Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax
|
-6000000 | usd |
CY2023Q2 | us-gaap |
Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
|
-5000000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Investment Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax
|
-22000000 | usd | |
us-gaap |
Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
|
-19000000 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Investment Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax
|
33000000 | usd |
CY2022Q2 | us-gaap |
Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
|
26000000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Investment Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossBeforeReclassificationAndTax
|
50000000 | usd | |
us-gaap |
Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
|
36000000 | usd | |
CY2023Q2 | us-gaap |
Hedged Liability Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
|
4000000 | usd |
CY2023Q2 | us-gaap |
Hedged Asset Fair Value Hedge Cumulative Increase Decrease
HedgedAssetFairValueHedgeCumulativeIncreaseDecrease
|
4000000 | usd |
CY2022Q4 | us-gaap |
Hedged Liability Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
|
1000000 | usd |
CY2022Q4 | us-gaap |
Hedged Asset Fair Value Hedge Cumulative Increase Decrease
HedgedAssetFairValueHedgeCumulativeIncreaseDecrease
|
1000000 | usd |
CY2023Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
94000000 | usd |
CY2023Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
16000000 | usd |
CY2023Q2 | us-gaap |
Derivative Assets
DerivativeAssets
|
78000000 | usd |
CY2023Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
50000000 | usd |
CY2023Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
16000000 | usd |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.44 | ||
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
119400000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
121000000.0 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
119300000 | shares | |
CY2023Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
34000000 | usd |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
117000000 | usd |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
13000000 | usd |
CY2022Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
104000000 | usd |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
35000000 | usd |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
13000000 | usd |
CY2022Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
22000000 | usd |
CY2023Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
106000000 | usd |
CY2023Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
106000000 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
76000000 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
76000000 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
7161000000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
7126000000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
6934000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
6901000000 | usd |
CY2023Q2 | cck |
Long Term Debt Gross Current Maturities
LongTermDebtGrossCurrentMaturities
|
140000000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
140000000 | usd |
CY2022Q4 | cck |
Long Term Debt Gross Current Maturities
LongTermDebtGrossCurrentMaturities
|
109000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
109000000 | usd |
CY2023Q2 | cck |
Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
|
7021000000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
6986000000 | usd |
CY2022Q4 | cck |
Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
|
6825000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
6792000000 | usd |
CY2021Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
3000000000 | usd |
CY2023Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
2300000000 | usd |
CY2023Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.24 | |
CY2023Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.24 | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.48 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.48 | ||
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.22 | |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.22 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
122300000 | shares | |
CY2023Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
200000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
600000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
300000 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
700000 | shares | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
119600000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
121600000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
119600000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
123000000.0 | shares | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.31 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.44 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.17 | ||
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3109000000 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3510000000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6083000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6672000000 | usd | |
CY2023Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
20000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
18000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
157000000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
295000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
259000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
511000000 | usd | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.18 | ||
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.31 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.43 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.16 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.15 | ||
CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
40000.00 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
100000 | shares | |
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
200000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
300000 | shares | |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3109000000 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3510000000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6083000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6672000000 | usd | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
239000000 | usd |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
402000000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
400000000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
709000000 | usd | |
CY2023Q2 | cck |
Inter Company Profit Related To Non Reportable Segments
InterCompanyProfitRelatedToNonReportableSegments
|
8000000 | usd |
cck |
Inter Company Profit Related To Non Reportable Segments
InterCompanyProfitRelatedToNonReportableSegments
|
9000000 | usd | |
CY2022Q2 | cck |
Inter Company Profit Related To Non Reportable Segments
InterCompanyProfitRelatedToNonReportableSegments
|
5000000 | usd |
cck |
Inter Company Profit Related To Non Reportable Segments
InterCompanyProfitRelatedToNonReportableSegments
|
9000000 | usd |