XML 38 R31.htm IDEA: XBRL DOCUMENT
v2.3.0.15

Financial Information for Subsidiary Guarantors and Non-Guarantors (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2011
Financial Information for Subsidiary Guarantors and Non-Guarantors |
Balance Sheet |
|  | September 30, 2011 |
|  |  |  |  |  | Non- |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  |  |  |  |
Balance Sheet |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated |
Current assets: |  |  |  |  |  |  |  |  |  |  |
Accounts receivable |  | $ | — |  | $ | — |  | $ | 1,218 |  | $ | — |  | $ | 1,218 |
Inventories |  |  |  |  |  | 1,052 |  |  |  | 1,052 |
Other current assets |  |  |  |  |  | 369 |  |  |  | 369 |
Total current assets |  | — |  | — |  | 2,639 |  | — |  | 2,639 |
Investments in and advances to subsidiaries |  | 2,564 |  | 2,314 |  |  |  | (4,878 | ) | — |
Goodwill |  |  |  |  |  | 2,762 |  |  |  | 2,762 |
Other non-current assets |  |  |  |  |  | 1,220 |  |  |  | 1,220 |
Total other assets |  | 2,564 |  | 2,314 |  | 3,982 |  | (4,878 | ) | 3,982 |
Property, plant and equipment, net |  |  |  |  |  | 2,931 |  |  |  | 2,931 |
Total assets |  | $ | 2,564 |  | $ | 2,314 |  | $ | 9,552 |  | $ | (4,878 | ) | $ | 9,552 |
Current liabilities : |  |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | $ | — |  | $ | — |  | $ | 1,598 |  | $ | — |  | $ | 1,598 |
Current portion of asbestos liability |  | 170 |  |  |  |  |  |  |  | 170 |
Short-term loans and long-term debt due within one year |  |  |  |  |  | 345 |  |  |  | 345 |
Total current liabilities |  | 170 |  | — |  | 1,943 |  | — |  | 2,113 |
Long-term debt |  | 250 |  |  |  | 3,743 |  | (250 | ) | 3,743 |
Asbestos-related liabilities |  | 204 |  |  |  |  |  |  |  | 204 |
Other non-current liabilities |  |  |  |  |  | 1,398 |  |  |  | 1,398 |
Total share owners’ equity of the Company |  | 1,940 |  | 2,314 |  | 2,314 |  | (4,628 | ) | 1,940 |
Noncontrolling interests |  |  |  |  |  | 154 |  |  |  | 154 |
Total liabilities and share owners’ equity |  | $ | 2,564 |  | $ | 2,314 |  | $ | 9,552 |  | $ | (4,878 | ) | $ | 9,552 |
|  | December 31, 2010 |
|  |  |  |  |  | Non- |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  |  |  |  |
Balance Sheet |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated |
Current assets: |  |  |  |  |  |  |  |  |  |  |
Accounts receivable |  | $ | — |  | $ | — |  | $ | 1,075 |  | $ | — |  | $ | 1,075 |
Inventories |  |  |  |  |  | 946 |  |  |  | 946 |
Other current assets |  |  |  |  |  | 717 |  |  |  | 717 |
Total current assets |  | — |  | — |  | 2,738 |  | — |  | 2,738 |
Investments in and advances to subsidiaries |  | 2,541 |  | 2,291 |  |  |  | (4,832 | ) | — |
Goodwill |  |  |  |  |  | 2,821 |  |  |  | 2,821 |
Other non-current assets |  |  |  |  |  | 1,088 |  |  |  | 1,088 |
Total other assets |  | 2,541 |  | 2,291 |  | 3,909 |  | (4,832 | ) | 3,909 |
Property, plant and equipment, net |  |  |  |  |  | 3,107 |  |  |  | 3,107 |
Total assets |  | $ | 2,541 |  | $ | 2,291 |  | $ | 9,754 |  | $ | (4,832 | ) | $ | 9,754 |
Current liabilities : |  |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | $ | — |  | $ | — |  | $ | 1,555 |  | $ | — |  | $ | 1,555 |
Current portion of asbestos liability |  | 170 |  |  |  |  |  |  |  | 170 |
Short-term loans and long-term debt due within one year |  |  |  |  |  | 354 |  |  |  | 354 |
Total current liabilities |  | 170 |  | — |  | 1,909 |  | — |  | 2,079 |
Long-term debt |  | 250 |  |  |  | 3,924 |  | (250 | ) | 3,924 |
Asbestos-related liabilities |  | 306 |  |  |  |  |  |  |  | 306 |
Other non-current liabilities |  |  |  |  |  | 1,419 |  |  |  | 1,419 |
Total share owners’ equity of the Company |  | 1,815 |  | 2,291 |  | 2,291 |  | (4,582 | ) | 1,815 |
Noncontrolling interests |  |  |  |  |  | 211 |  |  |  | 211 |
Total liabilities and share owners’ equity |  | $ | 2,541 |  | $ | 2,291 |  | $ | 9,754 |  | $ | (4,832 | ) | $ | 9,754 |
|  | September 30, 2010 |
|  |  |  |  |  | Non- |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  |  |  |  |
Balance Sheet |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated |
Current assets: |  |  |  |  |  |  |  |  |  |  |
Accounts receivable |  | $ | — |  | $ | — |  | $ | 1,165 |  | $ | — |  | $ | 1,165 |
Inventories |  |  |  |  |  | 986 |  |  |  | 986 |
Other current assets |  |  |  |  |  | 722 |  |  |  | 722 |
Assets of discontinued operations |  |  |  |  |  | 93 |  |  |  | 93 |
Total current assets |  | — |  | — |  | 2,966 |  | — |  | 2,966 |
Investments in and advances to subsidiaries |  | 2,559 |  | 2,309 |  |  |  | (4,868 | ) | — |
Goodwill |  |  |  |  |  | 2,744 |  |  |  | 2,744 |
Other non-current assets |  |  |  |  |  | 1,096 |  |  |  | 1,096 |
Assets of discontinued operations |  |  |  |  |  | 35 |  |  |  | 35 |
Total other assets |  | 2,559 |  | 2,309 |  | 3,875 |  | (4,868 | ) | 3,875 |
Property, plant and equipment, net |  |  |  |  |  | 3,042 |  |  |  | 3,042 |
Total assets |  | $ | 2,559 |  | $ | 2,309 |  | $ | 9,883 |  | $ | (4,868 | ) | $ | 9,883 |
Current liabilities : |  |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | $ | — |  | $ | — |  | $ | 1,617 |  | $ | — |  | $ | 1,617 |
Current portion of asbestos liability |  | 175 |  |  |  |  |  |  |  | 175 |
Short-term loans and long-term debt due within one year |  |  |  |  |  | 339 |  |  |  | 339 |
Liabilities of discontinued operations |  |  |  |  |  | 25 |  |  |  | 25 |
Total current liabilities |  | 175 |  | — |  | 1,981 |  | — |  | 2,156 |
Liabilities of discontinued operations |  |  |  |  |  | 15 |  |  |  | 15 |
Long-term debt |  | 250 |  |  |  | 4,006 |  | (250 | ) | 4,006 |
Asbestos-related liabilities |  | 196 |  |  |  |  |  |  |  | 196 |
Other non-current liabilities |  |  |  |  |  | 1,354 |  |  |  | 1,354 |
Total share owners’ equity of the Company |  | 1,938 |  | 2,309 |  | 2,309 |  | (4,618 | ) | 1,938 |
Noncontrolling interests |  |  |  |  |  | 218 |  |  |  | 218 |
Total liabilities and share owners’ equity |  | $ | 2,559 |  | $ | 2,309 |  | $ | 9,883 |  | $ | (4,868 | ) | $ | 9,883
Results of Operations |
Three months ended September 30, 2011 |
|  |  |  |  |  | Non- |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  |  |  |  |
Results of Operations |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated |
Net sales |  | $ | — |  | $ | — |  | $ | 1,862 |  | $ | — |  | $ | 1,862 |
Manufacturing, shipping, and delivery |  |  |  |  |  | (1,475 | ) |  |  | (1,475 | )
Gross profit |  | — |  | — |  | 387 |  | — |  | 387 |
Research, engineering, selling, administrative, and other |  |  |  |  |  | (196 | ) |  |  | (196 | )
Net intercompany interest |  | 5 |  |  |  | (5 | ) |  |  | — |
Interest expense |  | (5 | ) |  |  | (65 | ) |  |  | (70 | )
Interest income |  |  |  |  |  | 2 |  |  |  | 2 |
Equity earnings from subsidiaries |  | 116 |  | 116 |  |  |  | (232 | ) | — |
Other equity earnings |  |  |  |  |  | 19 |  |  |  | 19 |
Other income |  |  |  |  |  | 6 |  |  |  | 6 |
Earnings before income taxes |  | 116 |  | 116 |  | 148 |  | (232 | ) | 148 |
Provision for income taxes |  |  |  |  |  | (25 | ) |  |  | (25 | )
Earnings from continuing operations |  | 116 |  | 116 |  | 123 |  | (232 | ) | 123 |
Loss from discontinued operations |  |  |  |  |  | (3 | ) |  |  | (3 | )
Net earnings |  | 116 |  | 116 |  | 120 |  | (232 | ) | 120 |
Net earnings attributable to noncontrolling interest |  |  |  |  |  | (4 | ) |  |  | (4 | )
Net earnings attributable to the Company |  | $ | 116 |  | $ | 116 |  | $ | 116 |  | $ | (232 | ) | $ | 116 |
|  | Three months ended September 30, 2010 |
|  |  |  |  |  | Non- |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  |  |  |  |
Results of Operations |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated |
Net sales |  | $ | — |  | $ | — |  | $ | 1,689 |  | $ | — |  | $ | 1,689 |
Manufacturing, shipping, and delivery |  |  |  |  |  | (1,329 | ) |  |  | (1,329 | )
Gross profit |  | — |  | — |  | 360 |  | — |  | 360 |
Research, engineering, selling, administrative, and other |  |  |  |  |  | (144 | ) |  |  | (144 | )
Net intercompany interest |  | 5 |  |  |  | (5 | ) |  |  | — |
Interest expense |  | (5 | ) |  |  | (56 | ) |  |  | (61 | )
Interest income |  |  |  |  |  | 2 |  |  |  | 2 |
Equity earnings from subsidiaries |  | 139 |  | 139 |  |  |  | (278 | ) | — |
Other equity earnings |  |  |  |  |  | 20 |  |  |  | 20 |
Other income |  |  |  |  |  | 11 |  |  |  | 11 |
Earnings from continuing operations before income taxes |  | 139 |  | 139 |  | 188 |  | (278 | ) | 188 |
Provision for income taxes |  |  |  |  |  | (53 | ) |  |  | (53 | )
Earnings from continuing operations |  | 139 |  | 139 |  | 135 |  | (278 | ) | 135 |
Earnings from discontinued operations |  |  |  |  |  | 16 |  |  |  | 16 |
Net earnings |  | 139 |  | 139 |  | 151 |  | (278 | ) | 151 |
Net earnings attributable to noncontrolling interest |  |  |  |  |  | (12 | ) |  |  | (12 | )
Net earnings attributable to the Company |  | $ | 139 |  | $ | 139 |  | $ | 139 |  | $ | (278 | ) | $ | 139 |
|  | Nine months ended September 30, 2011 |
|  |  |  |  |  | Non- |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  |  |  |  |
Results of Operations |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated |
Net sales |  | $ | — |  | $ | — |  | $ | 5,540 |  | $ | — |  | $ | 5,540 |
Manufacturing, shipping, and delivery |  |  |  |  |  | (4,465 | ) |  |  | (4,465 | )
Gross profit |  | — |  | — |  | 1,075 |  | — |  | 1,075 |
Research, engineering, selling, administrative, and other |  |  |  |  |  | (544 | ) |  |  | (544 | )
Net intercompany interest |  | 15 |  |  |  | (15 | ) | — |  | — |
Interest expense |  | (15 | ) |  |  | (231 | ) |  |  | (246 | )
Interest income |  |  |  |  |  | 8 |  | — |  | 8 |
Equity earnings from subsidiaries |  | 261 |  | 261 |  |  |  | (522 | ) | — |
Other equity earnings |  |  |  |  |  | 52 |  |  |  | 52 |
Other income |  |  |  |  |  | 18 |  |  |  | 18 |
Earnings from continuing operations before income taxes |  | 261 |  | 261 |  | 363 |  | (522 | ) | 363 |
Provision for income taxes |  |  |  |  |  | (85 | ) |  |  | (85 | )
Earnings from continuing operations |  | 261 |  | 261 |  | 278 |  | (522 | ) | 278 |
Loss from discontinued operations |  |  |  |  |  | (2 | ) |  |  | (2 | )
Net earnings |  | 261 |  | 261 |  | 276 |  | (522 | ) | 276 |
Net earnings attributable to noncontrolling interest |  |  |  |  |  | (15 | ) |  |  | (15 | )
Net earnings attributable to the Company |  | $ | 261 |  | $ | 261 |  | $ | 261 |  | $ | (522 | ) | $ | 261 |
|  | Nine months ended September 30, 2010 |
|  |  |  |  |  | Non- |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  |  |  |  |
Results of Operations |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated |
Net sales |  | $ | — |  | $ | — |  | $ | 4,905 |  | $ | — |  | $ | 4,905 |
Manufacturing, shipping, and delivery |  |  |  |  |  | (3,863 | ) |  |  | (3,863 | )
Gross profit |  | — |  | — |  | 1,042 |  | — |  | 1,042 |
Research, engineering, selling, administrative, and other |  |  |  |  |  | (438 | ) |  |  | (438 | )
Net intercompany interest |  | 16 |  |  |  | (16 | ) |  |  | — |
Interest expense |  | (16 | ) |  |  | (161 | ) |  |  | (177 | )
Interest income |  |  |  |  |  | 10 |  |  |  | 10 |
Equity earnings from subsidiaries |  | 365 |  | 365 |  |  |  | (730 | ) | — |
Other equity earnings |  |  |  |  |  | 46 |  |  |  | 46 |
Other income |  |  |  |  |  | 22 |  |  |  | 22 |
Earnings from continuing operations before income taxes |  | 365 |  | 365 |  | 505 |  | (730 | ) | 505 |
Provision for income taxes |  |  |  |  |  | (136 | ) |  |  | (136 | )
Earnings from continuing operations |  | 365 |  | 365 |  | 369 |  | (730 | ) | 369 |
Earnings from discontinued operations |  |  |  |  |  | 31 |  |  |  | 31 |
Net earnings |  | 365 |  | 365 |  | 400 |  | (730 | ) | 400 |
Net earnings attributable to noncontrolling interest |  |  |  |  |  | (35 | ) |  |  | (35 | )
Net earnings attributable to the Company |  | $ | 365 |  | $ | 365 |  | $ | 365 |  | $ | (730 | ) | $ | 365
Cash Flows |
Nine months ended September 30, 2011 |
|  |  |  |  |  | Non- |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  |  |  |  |
Cash Flows |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated |
Cash provided by (used in) operating activities |  | $ | (102 | ) | $ | — |  | $ | 382 |  | $ | — |  | $ | 280 |
Cash used in investing activities |  |  |  |  |  | (351 | ) |  |  | (351 | )
Cash provided by (used in) financing activities |  | 102 |  |  |  | (418 | ) |  |  | (316 | )
Effect of exchange rate change on cash |  |  |  |  |  | 3 |  |  |  | 3 |
Net change in cash |  | — |  | — |  | (384 | ) | — |  | (384 | )
Cash at beginning of period |  |  |  |  |  | 640 |  |  |  | 640 |
Cash at end of period |  | $ | — |  | $ | — |  | $ | 256 |  | $ | — |  | $ | 256 |
|  | Nine months ended September 30, 2010 |
|  |  |  |  |  | Non- |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  |  |  |  |
Cash Flows |  | Parent |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated |
Cash provided by (used in) operating activities |  | $ | (114 | ) | $ | — |  | $ | 519 |  | $ | — |  | $ | 405 |
Cash used in investing activities |  |  |  |  |  | (1,145 | ) |  |  | (1,145 | )
Cash provided by financing activities |  | 114 |  |  |  | 514 |  |  |  | 628 |
Effect of exchange rate change on cash |  |  |  |  |  |  |  |  |  | — |
Net change in cash |  | — |  | — |  | (112 | ) | — |  | (112 | )
Cash at beginning of period |  |  |  |  |  | 812 |  |  |  | 812 |
Cash at end of period |  | $ | — |  | $ | — |  | $ | 700 |  | $ | — |  | $ | 700

X
- Details
Name: | oi_FinancialInformationForSubsidiaryGuarantorsAndNonGuarantorsDisclosureAbstract
Namespace Prefix: | oi
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element represents the consolidated balance sheet segregating the Parent, Guarantor Subsidiaries, Non-Guarantor Subsidiaries and eliminations. + Details
Name: | oi_FinancialInformationOfGuarantorAndNonGuarantorSubsidiariesBalanceSheetTableTextBlock
Namespace Prefix: | oi
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element represents the consolidated cash flow statement segregating the Parent, Guarantor Subsidiaries, Non-Guarantor Subsidiaries and eliminations. + Details
Name: | oi_FinancialInformationOfGuarantorAndNonGuarantorSubsidiariesCashFlowsTableTextBlock
Namespace Prefix: | oi
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element represents the consolidated results of operations segregating the Parent, Guarantor Subsidiaries, Non-Guarantor Subsidiaries and eliminations. + Details
Name: | oi_FinancialInformationOfGuarantorAndNonGuarantorSubsidiariesResultsOfOperationsTableTextBlock
Namespace Prefix: | oi
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration