XML 65 R46.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Debt |
Long-term Debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2021 |  | 2020 |
Secured Credit Agreement: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revolving Credit Facility: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revolving Loans | ​ | $ | — | ​ | $ | — | ​
Term Loans: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Term Loan A | ​ | ​ | 923 | ​ |  | 1,067 | ​
Other secured debt | ​ | ​ | ​ | ​ | ​ | 99 | ​
Senior Notes: | ​ | ​ | ​ | ​ | ​ | ​ | ​
4.00%, due 2023 | ​ | ​ | ​ | ​ | ​ | 307 | ​
5.875%, due 2023 | ​ | ​ | 695 | ​ | ​ | 692 | ​
3.125%, due 2024 (€725 million) | ​ | ​ | 826 | ​ | ​ | 914 | ​
6.375%, due 2025 | ​ | ​ | 297 | ​ | ​ | 296 | ​
5.375%, due 2025 | ​ | ​ | 298 | ​ | ​ | 298 | ​
2.875%, due 2025 (€500 million) | ​ | ​ | 561 | ​ | ​ | 607 | ​
6.625%, due 2027 | ​ | ​ | 693 | ​ | ​ | 692 | ​
4.75% due 2030 | ​ | ​ | 395 | ​ | ​ | ​ | ​
Finance leases | ​ | ​ | 98 | ​ | ​ | 108 | ​
Other | ​ |  | 5 | ​ |  | 7 | ​
Total long-term debt | ​ |  | 4,791 | ​ |  | 5,087 | ​
Less amounts due within one year | ​ |  | 38 | ​ |  | 142 | ​
Long-term debt | ​ | $ | 4,753 | ​ | $ | 4,945 | ​
Fair values of the Company's significant fixed rate debt obligations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Principal Amount |  | Indicated Market Price |  | Fair Value | ​
Senior Notes: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
5.875%, due 2023 | ​ | $ | 700 |  | $ | 104.99 | ​ | $ | 735 | ​
3.125%, due 2024 (€725 million) | ​ |  | 821 |  | ​ | 102.97 | ​ |  | 845 | ​
6.375%, due 2025 | ​ | ​ | 300 | ​ | ​ | 108.07 | ​ | ​ | 324 | ​
5.375%, due 2025 | ​ | ​ | 300 | ​ | ​ | 104.39 | ​ | ​ | 313 | ​
2.875%, due 2025 (€500 million) | ​ | ​ | 566 | ​ | ​ | 101.11 | ​ | ​ | 572 | ​
6.625%, due 2027 | ​ | ​ | 700 | ​ | ​ | 105.97 | ​ | ​ | 742 | ​
4.750% due 2030 | ​ | ​ | 400 | ​ | ​ | 101.53 | ​ | ​ | 406 | ​

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: | dtr-types: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://fasb.org/us-gaap/role/ref/legacyRef -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=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration