CROWN HOLDINGS INC
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
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V. Accumulated Other Comprehensive Loss Attributable to Crown Holdings
The following table provides information about the changes in each component of accumulated other comprehensive loss for the years ended December 31, 2024 and 2023.
| Defined benefit plans | Foreign currency translation | Cash flow hedges | Total | |
|---|---|---|---|---|
| Balance at January 1, 2023 | $(686) | $(1,197) | $(9) | $(1,892) |
| Other comprehensive income / (loss) before reclassifications | (14) | 175 | (14) | 147 |
| Amounts reclassified from accumulated other comprehensive income | 36 | — | 22 | 58 |
| Other comprehensive income | 22 | 175 | 8 | 205 |
| Balance at December 31, 2023 | (664) | (1,022) | (1) | (1,687) |
| Other comprehensive income / (loss) before reclassifications | 21 | (213) | 5 | (187) |
| Amounts reclassified from accumulated other comprehensive income | 413 | (1) | — | 412 |
| Other comprehensive income / (loss) | 434 | (214) | 5 | 225 |
| Balance at December 31, 2024 | $(230) | $(1,236) | $4 | $(1,462) |
See Note O and Note S for further details of amounts reclassified from accumulated other comprehensive income related to cash flow hedges and defined benefit plans.
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