XML 42 R29.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Debt (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2018
Debt |
Long-term Debt |
|  | March 31, |  | December 31, |  | March 31, |
|  | 2018 |  | 2017 |  | 2017 |
Secured Credit Agreement: |  |  |  |  |  |  |  |  |  |
Revolving Credit Facility: |  |  |  |  |  |  |  |  |  |
Revolving Loans |  | $ | 462 |  | $ | — |  | $ | 285 |
Term Loans: |  |  |  |  |  |  |  |  |  |
Term Loan A |  |  | 1,149 |  |  | 1,148 |  |  | 1,370 |
Term Loan A (€279 million at March 31, 2017) |  |  |  |  |  |  |  |  | 284 |
Senior Notes: |  |  |  |  |  |  |  |  |  |
6.75%, due 2020 (€500 million) |  |  | 613 |  |  | 594 |  |  | 530 |
4.875%, due 2021 (€330 million) |  |  | 404 |  |  | 392 |  |  | 350 |
5.00%, due 2022 |  |  | 496 |  |  | 496 |  |  | 495 |
4.00%, due 2023 |  |  | 305 |  |  | 305 |  |  |  |
5.875%, due 2023 |  |  | 686 |  |  | 685 |  |  | 683 |
3.125%, due 2024 (€725 million at March 31, 2018) |  |  | 872 |  |  | 849 |  |  | 763 |
6.375%, due 2025 |  |  | 295 |  |  | 295 |  |  | 294 |
5.375%, due 2025 |  |  | 297 |  |  | 297 |  |  | 297 |
Senior Debentures: |  |  |  |  |  |  |  |  |  |
7.80%, due 2018 |  |  |  |  |  |  |  |  | 22 |
Capital Leases |  |  | 53 |  |  | 54 |  |  | 56 |
Other |  |  | 19 |  |  | 17 |  |  | 26 |
Total long-term debt |  |  | 5,651 |  |  | 5,132 |  |  | 5,455 |
Less amounts due within one year |  |  | 11 |  |  | 11 |  |  | 24 |
Long-term debt |  | $ | 5,640 |  | $ | 5,121 |  | $ | 5,431 |
Information related to accounts receivable securitization program |
|  | March 31, |  | December 31, |  | March 31, |
|  | 2018 |  | 2017 |  | 2017 |
Balance (included in short-term loans) |  | $ | 144 |  | $ | 133 |  | $ | 148 |
Weighted average interest rate |  |  | 1.01 | % |  | 0.76 | % |  | 0.88 | %
Fair values of the Company's significant fixed rate debt obligations | Fair values at March 31, 2018 of the Company’s significant fixed rate debt obligations are as follows:
|  | Principal |  | Indicated |  |  |
|  | Amount |  | Market Price |  | Fair Value |
Senior Notes: |  |  |  |  |  |  |  |  |  |
6.75%, due 2020 (€500 million) |  | $ | 616 |  | $ | 114.41 |  | $ | 704 |
4.875%, due 2021 (€330 million) |  |  | 406 |  |  | 110.78 |  |  | 450 |
5.00%, due 2022 |  |  | 500 |  |  | 101.50 |  |  | 508 |
5.875%, due 2023 |  |  | 700 |  |  | 103.89 |  |  | 727 |
4.00%, due 2023 |  |  | 310 |  |  | 95.53 |  |  | 296 |
3.125%, due 2024 (€725 million) |  |  | 893 |  |  | 101.91 |  |  | 910 |
6.375%, due 2025 |  |  | 300 |  |  | 107.60 |  |  | 323 |
5.375%, due 2025 |  |  | 300 |  |  | 101.40 |  |  | 304 |

X
- Definition Tabular 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 Tabular disclosure of 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
- References No definition available. + 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 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 2: 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 3: 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 4: 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=26873400&loc=d3e23780-122690 Reference 5: 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=64930739&loc=d3e28878-108400 Reference 6: 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 7: 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 Reference 8: 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=64930785&loc=d3e28541-108399 Reference 9: 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=64930785&loc=d3e28551-108399 Reference 10: 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 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration