XML 45 R29.htm IDEA: XBRL DOCUMENT
v3.10.0.1

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED) | 12 Months Ended
--- | ---
Dec. 31, 2018
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED) |
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED) | OWENS-ILLINOIS, INC. SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED) Years ended December 31, 2018, 2017, and 2016 (Millions of Dollars) Reserves deducted from assets in the balance sheets: Allowances for losses and discounts on receivables
|  |  |  |  | Additions |  |  |  |  |  |  |
|  | Balance at |  | Charged to |  |  |  |  |  |  |  | Balance |
|  | beginning |  | costs and |  |  |  |  | Deductions |  | at end of |
|  | of period |  | expenses |  | Other |  | (Note 1) |  | period |
2018 |  | $ | 34 |  | $ | 13 |  | $ | (4) |  | $ | (8) |  | $ | 35 |
2017 |  | $ | 32 |  | $ | 12 |  | $ | (2) |  | $ | (8) |  | $ | 34 |
2016 |  | $ | 29 |  | $ | 15 |  | $ | (2) |  | $ | (10) |  | $ | 32 |
| (1) |  | Deductions from allowances for losses and discounts on receivables represent uncollectible notes and accounts written off.
Valuation allowance on net deferred tax assets
|  | Balance at |  |  |  |  | Charged to other |  |  |  |  |  |  |  | Balance at |
|  | beginning of |  | Charged to |  | comprehensive |  | Foreign currency |  | Other |  | end of |
|  | period |  | income |  | income |  | translation |  | (Note 1) |  | period |
2018 |  | $ | 543 |  | $ | (20) |  | $ | (7) |  | $ | (9) |  | $ | (12) |  | $ | 495 |
2017 |  | $ | 1,094 |  | $ | 15 |  | $ | (79) |  | $ | 4 |  | $ | (491) |  | $ | 543 |
2016 |  | $ | 1,135 |  | $ | 3 |  | $ | (32) |  | $ | (3) |  | $ | (9) |  | $ | 1,094 |
| (1) |  | The U.S. Tax Cuts and Jobs Act ("the Act") was enacted on December 22, 2017. The Act reduced the U.S. federal corporate tax rate to 21% from 35%. The reduction in tax rates reduced certain net U.S. deferred tax assets by $162 million, with an offsetting impact to valuation allowance.
In 2017, $327 million of foreign tax credits expired or were utilized against transition tax, against which a valuation allowance had previously been asserted. In 2018, the other change in valuation allowance on net deferred tax assets was primarily due to changes in tax law and expiration of certain tax attribute carryovers against which a valuation allowance had previously been asserted.

X
- Definition The entire disclosure for any allowance and reserve accounts (their beginning and ending balances, as well as a reconciliation by type of activity during the period). Alternatively, disclosure of the required information may be within the footnotes to the financial statements or a supplemental schedule to the financial statements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
Name: | us-gaap_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ValuationAndQualifyingAccountsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration