O-I GLASS, INC. SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED) Years ended December 31, 2025, 2024, and 2023 (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 | | | | | | | | | | | | | | | | | | | 2025 | | $ | 30 | | $ | 9 | | $ | 3 | | $ | (11) | | $ | 31 | | | | | | | | | | | | | | | | | | | 2024 | | $ | 30 | | $ | 13 | | $ | (4) | | $ | (9) | | $ | 30 | | | | | | | | | | | | | | | | | | | 2023 | | $ | 28 | | $ | 10 | | $ | 2 | | $ | (10) | | $ | 30 | |
| (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 | | end of | | | | period | | income | | income | | translation | | period | | | | | | | | | | | | | | | | | | | 2025 | | $ | 544 | | $ | 70 | | $ | 12 | | $ | 21 | | $ | 647 | | | | | | | | | | | | | | | | | | | 2024 | | $ | 538 | | $ | 34 | | $ | (15) | | $ | (13) | | $ | 544 | | | | | | | | | | | | | | | | | | | 2023 | | $ | 445 | | $ | 85 | | $ | 4 | | $ | 4 | | $ | 538 | |
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