CCK — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-01

• The Company continues to actively elevate its commitment to sustainability, which is a core focus of the Company. In 2020, the Company introduced Twentyby30, a robust program that outlines twenty measurable, science based, environmental, social and governance goals to be completed by 2030. The Compa…

• The Americas Beverage segment manufactures aluminum beverage cans and ends, steel crowns, glass bottles, and aluminum closures and supplies a variety of customers from its operations in the U.S., Brazil, Canada, Colombia, and Mexico.

• The U.S. and Canadian beverage can markets have experienced growth in recent years due to the introduction of new beverage products in cans versus other packaging formats. In Brazil and Mexico, the Company's volumes have increased in recent years primarily due to market growth driven by increased pe…

• Net sales increased primarily due to $184 from the pass-through of higher aluminum costs.

• Segment income decreased primarily due to higher costs not recovered and 5% lower beverage can volumes in Brazil.

Text removed vs the prior filing · source: 10-Q · 2025-10-30

• The Company continues to actively elevate its commitment to sustainability. In 2020, the Company introduced Twentyby30, a robust program that outlines twenty measurable, science based, environmental, social and governance goals to be completed by 2030. In 2024, the Company garnered recognition for i…

• Net sales increased primarily due to $318 from the pass-through of higher material costs, higher volumes in European Beverage and North America food can and favorable foreign currency translation of $26, partially offset by lower volumes in Asia Pacific and Transit Packaging.

• The Americas Beverage segment manufactures aluminum beverage cans and ends, steel crowns, glass bottles and aluminum closures and supplies a variety of customers from its operations in the U.S., Brazil, Canada, Colombia and Mexico.

• The U.S. and Canadian beverage can markets have experienced growth in recent years due to the introduction of new beverage products in cans versus other packaging formats. In Brazil and Mexico, the Company's volumes have increased in recent years primarily due to market growth driven by increased pe…

• In May 2025, the Company announced it will add a new high-speed production line to its beverage can plant in Ponta Grossa, Brazil. The line is expected to commence commercial production in late 2026.

Text added vs the prior filing · source: 10-Q · 2026-05-01

• Company's use of derivative instruments and their fair values at March 31, 2026, see Note K to the consolidated financial statements included in this Quarterly Report on Form 10-Q.

• As of March 31, 2026, the Company had $2.1 billion principal floating interest rate debt and $1.4 billion of securitization and factoring. A change of 0.25% in these floating interest rates would change annual interest expense by approximately $9 million before tax.

Text removed vs the prior filing · source: 10-Q · 2025-10-30

• As of September 30, 2025, the Company had $1.9 billion principal floating interest rate debt and $1.5 billion of securitization and factoring. A change of 0.25% in these floating interest rates would change annual interest expense by approximately $9 million before tax.

Text added vs the prior filing · source: 10-Q · 2026-05-01

• (a) Crown Holdings, Inc. (the "Company") held its Annual Meeting of Shareholders on April 30, 2026 (the "Annual Meeting"). As of March 10, 2026, the record date for the meeting, 112,241,962 shares of Common Stock, par value $5.00 per share, of the Company ("Common Stock") were issued and outstanding…

• (b) The following individuals were nominated and elected to serve as directors:

• Timothy J. Donahue, Michael P. Doss, Richard H. Fearon, Andrea J. Funk, Stephen J. Hagge, B. Craig Owens, Angela M. Snyder, Caesar F. Sweitzer, Marsha C. Williams and Dwayne A. Wilson.

• At the Annual Meeting, the Company's Shareholders voted on the four matters below as follows:

• 1)The Company's Shareholders elected the following directors pursuant to the following vote:

Text removed vs the prior filing · source: 10-Q · 2025-10-30

• During the fiscal quarter ended September 30, 2025, none of our directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of our securities to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any "non-Rule 10b5-1 trading a…