Crown Holdings, Inc. (NYSE:CCK) Q4 2023 Earnings Call Transcript

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We still generate a sizable amount of free cash flow across these businesses on an annual basis. As you consider, we don’t spend any capital in these businesses. And I think I addressed earlier why we are not interested to spend any capital in the aluminum aerosol business. So, we run these – those businesses, we specifically run for cash. And we will continue to run them for cash until something else breaks, but they are cash positive.

George Staphos: Understood. No, I appreciate the color, Tim. Thank you very much.

Tim Donahue: Thanks George. So Bill, I think you said that that was the last question. So, we thank everybody for joining us, and we will speak to you again in April after the completion of the first quarter. Thanks very much. Bye now.

Operator: Thank you. And that concludes today’s conference. Thank you so much everyone for joining. You may now disconnect and have a great day.

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