XML 36 R24.htm IDEA: XBRL DOCUMENT
v3.25.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Segment Information |
Schedule of segment operating profit (loss) for the Company's reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended March 31,
​ |  | 2025 |  | 2024
​ | ​ | ​ | Americas | ​ | Europe | ​ | Total | ​ | ​ | Americas | ​ | Europe | ​ | Total
Reportable segment net sales | ​ | $ | 873 | $ | 667 | $ | 1,540 | ​ | $ | 854 | $ | 709 | $ | 1,563
Other | ​ | ​ | ​ | ​ | ​ | ​ | 27 | ​ | ​ | ​ | ​ | ​ | ​ | 30
Net Sales | ​ |  | ​ |  | ​ |  | 1,567 | ​ | ​ | ​ | ​ | ​ | $ | 1,593
Less: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cost of goods sold | ​ | ​ | 703 | ​ | 558 | ​ | ​ | ​ | ​ | 712 | ​ | 535 | ​ | ​
Selling, administrative, engineering and research and development expenses | ​ | ​ | 43 | ​ | 46 | ​ | ​ | ​ | ​ | 51 | ​ | 46 | ​ | ​
Equity earnings | ​ | ​ | (19) | ​ | (4) | ​ | ​ | ​ | ​ | (19) | ​ | (6) | ​ | ​
Other segment expenses (income) | ​ | ​ | 5 | ​ | (1) | ​ | ​ | ​ | ​ | 8 | ​ | 1 | ​ | ​
Segment operating profit | ​ | $ | 141 | $ | 68 | $ | 209 | ​ | $ | 102 | $ | 133 | $ | 235
Items excluded from segment operating profit: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Reconciliation of segment operating profit | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Retained corporate costs and other | ​ | ​ | ​ | ​ | ​ | ​ | (30) | ​ | ​ | ​ | ​ | ​ | ​ | (40)
Restructuring, asset impairment and other charges | ​ | ​ | ​ | ​ | ​ | ​ | (82) | ​ | ​ | ​ | ​ | ​ | ​ | ​
Legacy environmental charge | ​ | ​ | ​ | ​ | ​ | ​ | (4) | ​ | ​ | ​ | ​ | ​ | ​ | ​
Gain on sale of miscellaneous assets | ​ | ​ | ​ | ​ | ​ | ​ | 6 | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest expense, net | ​ | ​ | ​ | ​ | ​ | ​ | (81) | ​ | ​ | ​ | ​ | ​ | ​ | (78)
Earnings before income taxes | ​ | ​ | ​ | ​ | ​ | $ | 18 | ​ | ​ | ​ | ​ | ​ | $ | 117
Schedule of assets, equity investments, equity earnings, capital expenditures and depreciation and amortization expense for the Company's reportable segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended March 31, | ​
​ |  | ​ | ​ |  | ​ | ​ |  | Reportable |  | Retained |  | Consoli- |
​ | ​ | ​ | ​ | ​ | ​ | ​ | Segment | ​ | Corp Costs | ​ | dated |
​ | ​ | Americas | ​ | Europe | ​ | Totals | ​ | and Other | ​ | Totals |
Total assets (end of period): | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2025 | ​ | $ | 4,707 | ​ | $ | 3,682 | ​ | $ | 8,389 | ​ | $ | 340 | ​ | $ | 8,729 | ​
2024 | ​ | ​ | 5,258 | ​ | ​ | 3,729 | ​ | ​ | 8,987 | ​ | ​ | 422 | ​ | ​ | 9,409 | ​
Equity investments (end of period): | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2025 | ​ | $ | 456 | ​ | $ | 193 | ​ | $ | 649 | ​ | $ | 34 | ​ | $ | 683 | ​
2024 | ​ | ​ | 493 | ​ | ​ | 194 | ​ | ​ | 687 | ​ | ​ | 58 | ​ | ​ | 745 | ​
Equity earnings: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2025 | ​ | $ | 19 | ​ | $ | 4 | ​ | $ | 23 | ​ | $ | — | ​ | $ | 23 | ​
2024 | ​ | ​ | 19 | ​ | ​ | 6 | ​ | ​ | 25 | ​ | ​ | — | ​ | ​ | 25 | ​
Capital expenditures: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2025 | ​ | $ | 62 | ​ | $ | 72 | ​ | $ | 134 | ​ | $ | 1 | ​ | $ | 135 | ​
2024 | ​ | ​ | 123 | ​ | ​ | 88 | ​ | ​ | 211 | ​ | ​ | 2 | ​ | ​ | 213 | ​
Depreciation and amortization expense: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2025 | ​ | $ | 73 | ​ | $ | 37 | ​ | $ | 110 | ​ | $ | 5 | ​ | $ | 115 | ​
2024 | ​ | ​ | 75 | ​ | ​ | 43 | ​ | ​ | 118 | ​ | ​ | 5 | ​ | ​ | 123 | ​

X
- Definition This element may be used to capture the complete disclosure for the identification, description, and amounts of all significant reconciling items in the reconciliation of total assets, equity investments, equity earnings, capital expenditures and depreciation and amortization expense. + References No definition available. + Details
Name: | oi_ReconciliationOfAssetsEquityInvestmentsEquityEarningsCapitalExpendituresAndDepreciationAndAmortizationExpenseFromSegmentToConsolidatedTableTextBlock
Namespace Prefix: | oi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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