$OI
O-I Glass, Inc. /DE/ Stock $oi

$oi Overview Financials Valuation SEC Filings Company Website

2014 Q3 Form 10-Q Financial Statement

#000110465914074859 Filed on October 29, 2014

Income Statement

Concept	2014 Q3	2013 Q4	2013 Q3
Revenue	$1.745B	$1.761B	$1.784B
YoY Change	-2.19%	0.74%	2.12%
Cost Of Revenue	$1.408B	$1.470B	$1.432B
YoY Change	-1.68%	0.0%	1.92%
Gross Profit	$337.0M	$291.0M	$352.0M
YoY Change	-4.26%	4.68%	2.92%
Gross Profit Margin	19.31%	16.52%	19.73%
Selling, General & Admin	$118.0M	$129.0M	$119.0M
YoY Change	-0.84%	-11.03%	-9.16%
% of Gross Profit	35.01%	44.33%	33.81%
Research & Development	$15.00M	$17.00M	$15.00M
YoY Change	0.0%	0.0%	15.38%
% of Gross Profit	4.45%	5.84%	4.26%
Depreciation & Amortization	$113.0M	$132.0M	$82.00M
YoY Change	37.8%	21.1%	-27.43%
% of Gross Profit	33.53%	45.36%	23.3%
Operating Expenses	$133.0M	$308.0M	$134.0M
YoY Change	-0.75%	152.46%	-6.94%
Operating Profit	$204.0M	-$17.00M	$218.0M
YoY Change	-6.42%	-110.9%	10.1%
Interest Expense	-$41.00M	-$33.00M	$56.00M
YoY Change	-173.21%	-21.43%	-8.2%
% of Operating Profit	-20.1%		25.69%
Other Income/Expense, Net	-$73.00M		-$2.000M
YoY Change	3550.0%
Pretax Income	$91.00M	-$137.0M	$178.0M
YoY Change	-48.88%	-7.43%	40.16%
Income Tax	$23.00M	$10.00M	$40.00M
% Of Pretax Income	25.27%		22.47%
Net Earnings	$60.00M	-$147.0M	$130.0M
YoY Change	-53.85%	-8.13%	44.44%
Net Earnings / Revenue	3.44%	-8.35%	7.29%
Basic Earnings Per Share	$0.37		$0.79
Diluted Earnings Per Share	$0.37	-$892.5K	$0.78
COMMON SHARES
Basic Shares Outstanding	164.8M shares		164.5M shares
Diluted Shares Outstanding	166.1M shares		166.0M shares

Balance Sheet

Concept	2014 Q3	2013 Q4	2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$264.0M	$383.0M	$219.0M
YoY Change	20.55%	-11.14%	-34.82%
Cash & Equivalents	$264.0M	$383.0M	$219.0M
Short-Term Investments
Other Short-Term Assets	$115.0M	$490.0M	$322.0M
YoY Change	-64.29%	-9.43%	-24.59%
Inventory	$1.112B	$1.117B	$1.178B
Prepaid Expenses	$105.0M	$107.0M	$103.0M
Receivables	$850.0M	$718.0M	$953.0M
Other Receivables	$192.0M	$225.0M	$219.0M
Total Short-Term Assets	$2.523B	$2.550B	$2.672B
YoY Change	-5.58%	-3.7%	-4.16%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.499B	$2.632B	$2.657B
YoY Change	-5.95%	-4.95%	-2.85%
Goodwill	$1.960B	$2.059B	$2.059B
YoY Change	-4.81%	-0.96%	-0.29%
Intangibles
YoY Change
Long-Term Investments		$315.0M	$291.0M
YoY Change		7.14%	-3.0%
Other Assets	$1.176B	$1.178B	$1.084B
YoY Change	8.49%	74.52%	51.61%
Total Long-Term Assets	$5.635B	$5.869B	$5.800B
YoY Change	-2.84%	-1.36%	-4.65%
TOTAL ASSETS
Total Short-Term Assets	$2.523B	$2.550B	$2.672B
Total Long-Term Assets	$5.635B	$5.869B	$5.800B
Total Assets	$8.158B	$8.419B	$8.472B
YoY Change	-3.71%	-2.08%	-4.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.027B	$1.144B	$989.0M
YoY Change	3.84%	10.85%	15.94%
Accrued Expenses		$431.0M
YoY Change		-2.27%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$306.0M	$0.00
YoY Change		3.38%
Long-Term Debt Due	$1.065B	$322.0M	$366.0M
YoY Change	190.98%	1300.0%	2.81%
Total Short-Term Liabilities	$2.788B	$2.254B	$2.087B
YoY Change	33.59%	4.26%	2.4%
LONG-TERM LIABILITIES
Long-Term Debt	$2.419B	$3.245B	$3.298B
YoY Change	-26.65%	-6.05%	-6.76%
Other Long-Term Liabilities	$887.0M	$1.019B	$1.512B
YoY Change	-41.34%	209.73%	308.65%
Total Long-Term Liabilities	$887.0M	$1.019B	$1.512B
YoY Change	-41.34%	209.73%	308.65%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.788B	$2.254B	$2.087B
Total Long-Term Liabilities	$887.0M	$1.019B	$1.512B
Total Liabilities	$3.675B	$3.273B	$3.599B
YoY Change	2.11%	31.39%	49.46%
SHAREHOLDERS EQUITY
Retained Earnings		-$11.00M	$136.0M
YoY Change		-94.36%	-488.57%
Common Stock		$3.042B	$3.036B
YoY Change		1.16%	1.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)		$454.0M	$442.0M
YoY Change		6.82%	7.02%
Treasury Stock Shares	19.00M shares	18.79M shares	18.43M shares
Shareholders Equity	$1.823B	$1.603B	$1.377B
YoY Change
Total Liabilities & Shareholders Equity	$8.158B	$8.419B	$8.472B
YoY Change	-3.71%	-2.08%	-4.5%

Cashflow Statement

Concept	2014 Q3	2013 Q4	2013 Q3
OPERATING ACTIVITIES
Net Income	$60.00M	-$147.0M	$130.0M
YoY Change	-53.85%	-8.13%	44.44%
Depreciation, Depletion And Amortization	$113.0M	$132.0M	$82.00M
YoY Change	37.8%	21.1%	-27.43%
Cash From Operating Activities	$220.0M	$440.0M	$225.0M
YoY Change	-2.22%	26.44%	0.9%
INVESTING ACTIVITIES
Capital Expenditures	-$94.00M	-$122.0M	-$75.00M
YoY Change	25.33%	8.93%	38.89%
Acquisitions
YoY Change
Other Investing Activities	$6.000M	-$31.00M	-$12.00M
YoY Change	-150.0%	-293.75%	-141.38%
Cash From Investing Activities	-$88.00M	-$153.0M	-$87.00M
YoY Change	1.15%	59.38%	248.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-56.00M	-123.0M	-169.0M
YoY Change	-66.86%	-23.13%	-17.96%
NET CHANGE
Cash From Operating Activities	220.0M	440.0M	225.0M
Cash From Investing Activities	-88.00M	-153.0M	-87.00M
Cash From Financing Activities	-56.00M	-123.0M	-169.0M
Net Change In Cash	76.00M	164.0M	-31.00M
YoY Change	-345.16%	78.26%	287.5%
FREE CASH FLOW
Cash From Operating Activities	$220.0M	$440.0M	$225.0M
Capital Expenditures	-$94.00M	-$122.0M	-$75.00M
Free Cash Flow	$314.0M	$562.0M	$300.0M
YoY Change	4.67%	22.17%	8.3%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2013Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-54000000	USD
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CY2013Q4	us-gaap	Assets Assets	8419000000	USD
CY2013Q3	us-gaap	Assets Assets	8472000000	USD
CY2014Q3	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	887000000	USD
CY2013Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	757000000	USD
CY2013Q3	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	995000000	USD
CY2013Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	577000000	USD
CY2014Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	37000000	USD
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CY2014Q3	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	192000000	USD
CY2013Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	225000000	USD
CY2013Q3	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	219000000	USD
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	oi	Carrying Amount Of Receivables Sold CarryingAmountOfReceivablesSold	125000000	USD
CY2013	oi	Carrying Amount Of Receivables Sold CarryingAmountOfReceivablesSold	192000000	USD
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CY2013Q3	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	47000000	USD
CY2013Q4	us-gaap	Inventory Net InventoryNet	1117000000	USD
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CY2014Q3	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	6000000	USD
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CY2014Q3	us-gaap	Restructuring Reserve Translation And Other Adjustment RestructuringReserveTranslationAndOtherAdjustment	9000000	USD
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CY2014Q3	oi	Restructuring Reserve Pension Settlement Charges Transferred To Other Accounts RestructuringReservePensionSettlementChargesTransferredToOtherAccounts	7000000	USD
	oi	Write Down Of Assets To Net Realizable Value WriteDownOfAssetsToNetRealizableValue	46000000	USD
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CY2013Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	16000000	USD
CY2013Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	3245000000	USD
CY2013Q3	oi	Long Term Debt And Capital Lease Obligations Current And Noncurrent LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent	3316000000	USD
CY2014Q3	oi	Long Term Debt And Capital Lease Obligations Current And Noncurrent LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent	3241000000	USD
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CY2013Q3	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	18000000	USD
CY2013Q3	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	3298000000	USD
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35	pure
	oi	Sales Revenue Asbestos SalesRevenueAsbestos	40000000	USD
CY2014Q3	oi	Loss Contingency Plaintiffs And Claimants Number LossContingencyPlaintiffsAndClaimantsNumber	2500	item
CY2014Q3	oi	Claims Disposed Of To Date ClaimsDisposedOfToDate	394000	item
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CY2014Q3	oi	Loss Contingency Settlement Deferred Amount Payable LossContingencySettlementDeferredAmountPayable	19000000	USD
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CY2013Q4	oi	Accrual For Asbestos Related Liability To Date AccrualForAsbestosRelatedLiabilityToDate	4300000000	USD
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	us-gaap	Profit Loss ProfitLoss	347000000	USD
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CY2013Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	18786000	shares
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CY2013Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	183371000	shares
CY2014Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	19001000	shares
CY2013Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	18426000	shares
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	130000000	USD
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CY2013Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2657000000	USD
CY2013Q3	us-gaap	Goodwill Goodwill	2059000000	USD
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CY2014Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2499000000	USD
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CY2014Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1176000000	USD
CY2014Q3	oi	Liability For Asbestos Related Liabilities Current LiabilityForAsbestosRelatedLiabilitiesCurrent	150000000	USD
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CY2013Q3	us-gaap	Liabilities Current LiabilitiesCurrent	2087000000	USD
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CY2013Q3	oi	Liability For Asbestos Related Liabilities Noncurrent LiabilityForAsbestosRelatedLiabilitiesNoncurrent	198000000	USD
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CY2013Q3	us-gaap	Stockholders Equity StockholdersEquity	1377000000	USD
CY2013Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8472000000	USD
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CY2013Q3	us-gaap	Gross Profit GrossProfit	352000000	USD
CY2013Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	40000000	USD
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	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	79000000	USD
CY2013Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	6000000	USD
CY2013Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	39000000	USD
CY2013Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	175000000	USD
CY2013Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	169000000	USD
CY2014Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1408000000	USD
CY2014Q3	us-gaap	Gross Profit GrossProfit	337000000	USD
CY2014Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	118000000	USD
CY2014Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	15000000	USD
	us-gaap	Pension Contributions PensionContributions	25000000	USD
CY2014Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	13000000	USD
CY2014Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-73000000	USD
CY2014Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	23000000	USD
	oi	Payments For Asbestos Related Liabilities PaymentsForAsbestosRelatedLiabilities	72000000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	4166000000	USD
	us-gaap	Gross Profit GrossProfit	1040000000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	45000000	USD
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CY2014Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-165000000	USD
CY2014Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-101000000	USD
CY2014Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-105000000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	383000000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	431000000	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	219000000	USD
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	312000000	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	264000000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	49000000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-17000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	110000000	USD
	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	-22000000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	362000000	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	61000000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	16000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-14000000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	327000000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	317000000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	242000000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-249000000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-198000000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-7000000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-212000000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	290000000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	239000000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	4165000000	USD
	us-gaap	Gross Profit GrossProfit	1016000000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	382000000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	47000000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	48000000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-70000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	89000000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	315000000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	18000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-46000000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	243000000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	229000000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	187000000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-267000000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-29000000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-10000000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-119000000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	377000000	USD
CY2013Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	15000000	USD
CY2013Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	16000000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	346000000	USD
CY2014Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-1000000	USD
CY2013Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-2000000	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-15000000	USD
CY2013Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	219000000	USD
	oi	Payments For Asbestos Related Liabilities PaymentsForAsbestosRelatedLiabilities	108000000	USD
CY2013Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2000000	USD
CY2013Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	132000000	USD
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	309000000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	249000000	USD
	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	-7000000	USD
	us-gaap	Pension Contributions PensionContributions	23000000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	10000000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-159000000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	22000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	20000000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	21000000	USD
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	17000000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-23000000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-2000000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-20000000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	209000000	USD
	dei	Entity Registrant Name EntityRegistrantName	OWENS ILLINOIS INC /DE/
	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">16.  New Accounting Pronouncement</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">In May 2014, the Financial Accounting Standards Board, issued a new standards update “<i>Revenue from Contracts with Customers</i>”, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers.  The new standard is effective for the Company on January 1, 2017. Early application is not permitted.  The Company is evaluating the effect this standard will have on its consolidated financial statements and related disclosures.  The Company has not yet selected a transition method nor determined the effect of the standard on its ongoing financial reporting.</font></p> </div>
	dei	Entity Central Index Key EntityCentralIndexKey	0000812074
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2014-09-30
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2014Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	164909767	shares
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	5000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	12000000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	37000000	USD
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-27000000	USD
	oi	Restructuring Reserve Pension Settlement Charges Transferred To Other Accounts RestructuringReservePensionSettlementChargesTransferredToOtherAccounts	7000000	USD
	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	84000000	USD
CY2014Q3	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	84000000	USD
CY2014Q3	us-gaap	Restructuring Charges RestructuringCharges	79000000	USD
CY2014Q3	oi	Write Down Of Assets To Net Realizable Value WriteDownOfAssetsToNetRealizableValue	46000000	USD
CY2014Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	3000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	4000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	6000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-153000000	USD

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$OI
O-I Glass, Inc. /DE/ Stock $oi

2014 Q3 Form 10-Q Financial Statement

#000110465914074859 Filed on October 29, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OI O-I Glass, Inc. /DE/ Stock $oi

2014 Q3 Form 10-Q Financial Statement

#000110465914074859 Filed on October 29, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OI
O-I Glass, Inc. /DE/ Stock $oi