XML 25 R46.htm IDEA: XBRL DOCUMENT v2.4.0.8

Stock Options and Other Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

Stock Options and Other Stock Based Compensation

Summary of option activity

		Number of Shares (thousands)			Weighted Average Exercise Price (per share)			Weighted Average Remaining Contractual Term (years)			Aggregate Intrinsic Value
Options outstanding at January 1, 2013			3,735		$	22.65
Granted			354			26.10
Exercised			(1,414	)		17.52
Forfeited or expired			(254	)		28.90
​	​	​	​	​	​	​	​	​	​	​	​	​	​
Options outstanding at December 31, 2013			2,421			25.50			3.4		$	30
​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​
Options vested or expected to vest at December 31, 2013			2,354		$	25.48			3.4		$	29
​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​
Options exercisable at December 31, 2013			1,538		$	25.04			2.4		$	21
​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​

Additional information related to stock options

		2013			2012			2011
Weighted average grant-date fair value of options granted (per share)		$	12.39		$	10.63		$	13.70
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​
Aggregate intrinsic value of options exercised		$	16		$	3		$	4
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​
Aggregate cash received from options exercised		$	24		$	4		$	5
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​

Schedule of weighted average assumptions used to estimate the fair value of each option grant on the date of grant using the Black-Scholes option pricing model

		2013			2012			2011
Expected life of options (years)			5.00			4.75			4.75
Expected stock price volatility			55.3	%		56.6	%		53.2	%
Risk-free interest rate			0.9	%		0.8	%		1.7	%
Expected dividend yield			0.0	%		0.0	%		0.0	%

Restricted shares and restricted share units activity

		Number of Restricted Shares (thousands)			Weighted Average Grant-Date Fair Value (per share)
Nonvested at January 1, 2013			465		$	22.34
Granted			198			26.49
Vested			(176	)		21.99
Forfeited			(30	)		24.34
​	​	​	​	​	​	​	​
Nonvested at December 31, 2013			457			24.14
​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​
Awards granted during 2012					$	22.39
Awards granted during 2011					$	29.99

		2013			2012			2011
Total fair value of shares vested		$	5		$	5		$	4
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​

Performance vested restricted share unit activity

		Number of Performance Vested Restricted Shares Units (thousands)			Weighted Average Grant-Date Fair Value (per unit)
Nonvested at January 1, 2013			813		$	26.78
Granted			336			26.10
Vested			(110	)		31.12
Forfeited/Cancelled			(157	)		29.55
​	​	​	​	​	​	​	​
Nonvested at December 31, 2013			882			25.49
​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​
Awards granted during 2012					$	22.50
Awards granted during 2011					$	29.70

X

- Definition

This element represents the additional information pertaining to stock option activity.

+ References

No definition available.

+ Details

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

X

- Details

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

X

- Definition

Tabular disclosure of the changes in outstanding nonvested performance-based units.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(2)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

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

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

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

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (f)(2)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

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