CROWN HOLDINGS INC
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
CCK$123.23-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF CASH FLOWS (Condensed)
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net income | $168 | $509 |
| Adjustments to reconcile net income to net cash from operating activities: | ||
| Depreciation and amortization | 344 | 372 |
| Restructuring and other, net | 27 | 32 |
| Pension and postretirement expense | 564 | 54 |
| Pension contributions | (122) | (10) |
| Stock-based compensation | 32 | 27 |
| Equity earnings, net of distributions | 2 | 9 |
| Working capital changes and other | (118) | (161) |
| Net cash provided by operating activities | 897 | 832 |
| Cash flows from investing activities | ||
| Capital expenditures | (254) | (614) |
| Net investment hedge | 25 | 25 |
| Proceeds from sale of property, plant and equipment | 21 | 5 |
| Distribution from equity method investment | — | 56 |
| Other | — | 8 |
| Net cash used for investing activities | (208) | (520) |
| Cash flows from financing activities | ||
| Net change in revolving credit facility and short-term debt | 3 | (393) |
| Proceeds from short-term debt | 156 | 127 |
| Payments of short-term debt | (81) | (96) |
| Proceeds from long-term debt | 675 | 558 |
| Payments of long-term debt | (750) | (80) |
| Debt issuance costs | (10) | (8) |
| Dividends paid to noncontrolling interests | (45) | (44) |
| Dividends paid to shareholders | (90) | (86) |
| Common stock repurchased | (117) | (12) |
| Other | (1) | (1) |
| Net cash used for financing activities | (260) | (35) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 4 | (14) |
| Net change in cash, cash equivalents and restricted cash | 433 | 263 |
| Cash, cash equivalents and restricted cash at January 1 | 1,400 | 639 |
| Cash, cash equivalents and restricted cash at September 30 | $1,833 | $902 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.