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Equity Investments (Tables) | 12 Months Ended
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Dec. 31, 2021
Equity Investments |
Company's ownership percentage in affiliates | At December 31, 2021, 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 | ​
Vetrerie Meridionali SpA ("VeMe") | ​ | 50 | % | ​ | Glass container manufacturer | ​
Vetri Speciali SpA | ​ | 50 | % | ​ | Specialty glass manufacturer | ​
Equity in earnings | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2021 |  | 2020 |  | 2019 |
Equity in earnings: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Non-U.S. | ​ | $ | 83 | ​ | $ | 29 | ​ | $ | 58 | ​
U.S. | ​ |  | 7 | ​ |  | 8 | ​ |  | 20 | ​
Total | ​ | $ | 90 | ​ | $ | 37 | ​ | $ | 78 | ​
Dividends received | ​ | $ | 103 | ​ | $ | 58 | ​ | $ | 42 | ​
Summary of balance sheet information of equity investments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2021 |  | 2020 |
At end of year: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Current assets | ​ | $ | 557 | ​ | $ | 476 | ​
Non-current assets | ​ |  | 1,317 | ​ |  | 1,317 | ​
Total assets | ​ |  | 1,874 | ​ |  | 1,793 | ​
Current liabilities | ​ |  | 386 | ​ |  | 330 | ​
Other liabilities and deferred items | ​ |  | 195 | ​ |  | 183 | ​
Total liabilities and deferred items | ​ |  | 581 | ​ |  | 513 | ​
Net assets | ​ | $ | 1,293 | ​ | $ | 1,280 | ​
Summary of income statement information of equity investments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the year: |  | 2021 |  | 2020 |  | 2019 |
Net sales | ​ | $ | 1,185 | ​ | $ | 927 | ​ | $ | 908 | ​
Gross profit | ​ | $ | 305 | ​ | $ | 256 | ​ | $ | 232 | ​
Net earnings | ​ | $ | 169 | ​ | $ | 141 | ​ | $ | 114 | ​

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