XML 21 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6

Debt (Tables)

12 Months Ended

Dec. 31, 2011

Debt

Long-term Debt

		2011			2010
Secured Credit Agreement:
Revolving Credit Facility:
Revolving Loans		$	—		$	—
Term Loans:
Term Loan A (170 million AUD)			173
Term Loan B			600
Term Loan C (116 million CAD)			114
Term Loan D (€141 million)			182
Fourth Amended and Restated Secured Credit Agreement:
Term Loan A						92
Term Loan B						190
Term Loan C						111
Term Loan D						253
Senior Notes:
6.75%, due 2014						400
6.75%, due 2014 (€225 million)						300
3.00%, Exchangeable, due 2015			624			607
7.375%, due 2016			588			585
6.875%, due 2017 (€300 million)			388			401
6.75%, due 2020 (€500 million)			647			668
Senior Debentures:
7.80%, due 2018			250			250
Other			137			164
Total long-term debt			3,703			4,021
Less amounts due within one year			76			97
Long-term debt		$	3,627		$	3,924

Carrying values of the liability and equity components of 2015 Exchangeable Notes

		2011			2010
Principal amount of exchangeable notes		$	690		$	690
Unamortized discount on exchangeable notes			66			83
Net carrying amount of liability component		$	624		$	607
Carrying amount of equity component		$	93		$	93

Information related to accounts receivable securitization programs

		2011			2010
Balance (included in short-term loans)		$	281		$	247
Weighted average interest rate			2.41	%		2.40	%

Fair values at December 31, 2011 of the Company's significant fixed rate debt obligations

		Principal Amount			Indicated Market Price			Fair Value
Senior Notes:
3.00%, Exchangeable, due 2015		$	690			92.23		$	636
7.375%, due 2016			600			110.00			660
6.875%, due 2017 (€300 million)			388			101.56			394
6.75%, due 2020 (€500 million)			647			99.75			645
Senior Debentures:
7.80%, due 2018			250			111.50			279

Amount of interest expense recognized on the 2015 Exchangeable Notes

		2011			2010
Contractual coupon interest		$	21		$	14
Amortization of discount on exchangeable notes			17			10
Total interest expense		$	38		$	24

X

- Definition

This element represents carrying values of the liability and equity components of exchangeable notes.

+ References

No definition available.

+ Details

Name:	oi_CarryingAmountOfExchangeableNotesTextBlock
Namespace Prefix:	oi_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

This element represents amount of interest recognized on exchangeable notes.

+ References

No definition available.

+ Details

Name:	oi_InterestExpenseOnExchangeableNotesTextBlock
Namespace Prefix:	oi_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

This element may be used to capture the disclosure of fair values of significant fixed rate obligations as on the balance sheet date.

+ References

No definition available.

+ Details

Name:	oi_ScheduleOfDebtInstrumentFairValueTextBlock
Namespace Prefix:	oi_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

This element may be used to capture the information pertaining to receivables securitization program including the carrying values and the weighted average interest rate.

+ References

No definition available.

+ Details

Name:	oi_ScheduleOfReceivablesSecuritizationProgramTextBlock
Namespace Prefix:	oi_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(e),(f))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 470

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823



Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399



Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 55

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400



Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5



Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644



Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682



Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644



Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

+ Details

Name:	us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration