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Equity Investments (Tables) | 12 Months Ended
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Dec. 31, 2016
Equity Investments |
Company's ownership percentage in affiliates | At December 31, 2016 the Company’s ownership percentage in affiliates include:
|  | O-I Ownership |  |  |
Affiliates |  | Percentage |  | Business Type |
BJC O-I Glass Pte. Ltd. |  | 50 | % |  | Glass container manufacturer |
CO Vidrieria SARL ("COV") |  | 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 | % |  | Specialty glass manufacturer |
Equity in earnings |
|  | 2016 |  | 2015 |  | 2014 |
Equity in earnings: |  |  |  |  |  |  |  |  |  |
Non-U.S. |  | $ | 19 |  | $ | 23 |  | $ | 23 |
U.S. |  |  | 41 |  |  | 37 |  |  | 41 |
Total |  | $ | 60 |  | $ | 60 |  | $ | 64 |
Dividends received |  | $ | 38 |  | $ | 53 |  | $ | 54 |
Summary of balance sheet information of equity investments |
|  | 2016 |  | 2015 |
At end of year: |  |  |  |  |  |  |
Current assets |  | $ | 451 |  | $ | 430 |
Non-current assets |  |  | 1,025 |  |  | 959 |
Total assets |  |  | 1,476 |  |  | 1,389 |
Current liabilities |  |  | 200 |  |  | 203 |
Other liabilities and deferred items |  |  | 368 |  |  | 211 |
Total liabilities and deferred items |  |  | 568 |  |  | 414 |
Net assets |  | $ | 908 |  | $ | 975 |
Summary of income statement information of equity investments |
For the year: |  | 2016 |  | 2015 |  | 2014 |
Net sales |  | $ | 755 |  | $ | 719 |  | $ | 752 |
Gross profit |  | $ | 182 |  | $ | 193 |  | $ | 198 |
Net earnings |  | $ | 134 |  | $ | 139 |  | $ | 150 |

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