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Equity Investments (Tables) | 12 Months Ended
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Dec. 31, 2018
Equity Investments |
Company's ownership percentage in affiliates | At December 31, 2018 the Company’s ownership percentage in affiliates include:
|  | O-I Ownership |  |  |
Affiliates |  | Percentage |  | Business Type |
Empresas Comegua S.A. |  | 49.7 | % |  | Glass container manufacturer |
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 |
|  | 2018 |  | 2017 |  | 2016 |
Equity in earnings: |  |  |  |  |  |  |  |  |  |
Non-U.S. |  | $ | 52 |  | $ | 45 |  | $ | 19 |
U.S. |  |  | 25 |  |  | 32 |  |  | 41 |
Total |  | $ | 77 |  | $ | 77 |  | $ | 60 |
Dividends received |  | $ | 72 |  | $ | 48 |  | $ | 38 |
Summary of balance sheet information of equity investments |
|  | 2018 |  | 2017 |
At end of year: |  |  |  |  |  |  |
Current assets |  | $ | 655 |  | $ | 466 |
Non-current assets |  |  | 1,306 |  |  | 1,021 |
Total assets |  |  | 1,961 |  |  | 1,487 |
Current liabilities |  |  | 342 |  |  | 232 |
Other liabilities and deferred items |  |  | 242 |  |  | 198 |
Total liabilities and deferred items |  |  | 584 |  |  | 430 |
Net assets |  | $ | 1,377 |  | $ | 1,057 |
Summary of income statement information of equity investments |
For the year: |  | 2018 |  | 2017 |  | 2016 |
Net sales |  | $ | 972 |  | $ | 883 |  | $ | 755 |
Gross profit |  | $ | 234 |  | $ | 242 |  | $ | 182 |
Net earnings |  | $ | 184 |  | $ | 165 |  | $ | 145 |

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