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Equity Investments (Tables)

12 Months Ended

Dec. 31, 2014

Equity Investments

Company's ownership percentage in affiliates

Affiliates		O-I Ownership Percentage		Business Type
BJC O-I Glass Pte. Ltd.		50%		Glass container manufacturer
CO Vidrieria SARL		50%		Glass container manufacturer
Rocky Mountain Bottle Company		50%		Glass container manufacturer
Tata Chemical (Soda Ash) Partners		25%		Soda ash supplier
Vetrerie Meridionali SpA ("VeMe")		50%		Glass container manufacturer
Vetri Speciali SpA		50%		Speciality glass manufacturer

Equity in earnings

		2014			2013			2012
Equity in earnings:
Non-U.S.		$	23		$	27		$	20
U.S.			41			40			44
​	​	​	​	​	​	​	​	​	​	​
Total		$	64		$	67		$	64
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​
Dividends received		$	54		$	67		$	50
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Summary of balance sheet information of equity investments

		2014			2013
At end of year:
Current assets		$	479		$	419
Non-current assets			718			528
​	​	​	​	​	​	​	​
Total assets			1,197			947
Current liabilities			217			224
Other liabilities and deferred items			191			193
​	​	​	​	​	​	​	​
Total liabilities and deferred items			408			417
​	​	​	​	​	​	​	​
Net assets		$	789		$	530
​	​	​	​	​	​	​	​
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Summary of income statement information of equity investments

		2014			2013			2012
For the year:
Net sales		$	752		$	699		$	658
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​
Gross profit		$	198		$	185		$	191
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​
Net earnings		$	150		$	149		$	143
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