2019 Q4 Form 10-K Financial Statement

#000155837021001009 Filed on February 16, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018
Revenue $1.628B $1.635B $6.877B
YoY Change -0.43% -4.5% 0.12%
Cost Of Revenue $1.352B $1.341B $5.594B
YoY Change 0.82% -3.73% 1.05%
Gross Profit $276.0M $294.0M $1.283B
YoY Change -6.12% -7.84% -3.75%
Gross Profit Margin 16.95% 17.98% 18.66%
Selling, General & Admin $100.0M $116.0M $483.0M
YoY Change -13.79% -4.92% -0.21%
% of Gross Profit 36.23% 39.46% 37.65%
Research & Development $18.00M $20.00M $70.00M
YoY Change -10.0% 42.86% 16.67%
% of Gross Profit 6.52% 6.8% 5.46%
Depreciation & Amortization $119.0M $110.0M $494.0M
YoY Change 8.18% -5.17% 1.23%
% of Gross Profit 43.12% 37.41% 38.5%
Operating Expenses $127.0M $145.0M $553.0M
YoY Change -12.41% -9.38% 1.65%
Operating Profit $149.0M $149.0M $730.0M
YoY Change 0.0% -6.29% -7.48%
Interest Expense $37.00M -$42.00M $261.0M
YoY Change -188.1% 23.53% -2.61%
% of Operating Profit 24.83% -28.19% 35.75%
Other Income/Expense, Net $41.00M
YoY Change 485.71%
Pretax Income $65.00M -$104.0M $277.0M
YoY Change -162.5% -14.05% 0.73%
Income Tax $32.00M $13.00M $108.0M
% Of Pretax Income 49.23% 38.99%
Net Earnings $30.00M -$10.00M $257.0M
YoY Change -400.0% -92.54% 42.78%
Net Earnings / Revenue 1.84% -0.61% 3.74%
Basic Earnings Per Share $1.61
Diluted Earnings Per Share $192.6K -$59.99K $1.59
COMMON SHARES
Basic Shares Outstanding 160.1M
Diluted Shares Outstanding 162.1M

Balance Sheet

Concept 2019 Q4 2018 Q4 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $551.0M $512.0M $512.0M
YoY Change 7.62% 4.07% 4.07%
Cash & Equivalents $551.0M $512.0M $512.0M
Short-Term Investments
Other Short-Term Assets $271.0M $278.0M $278.0M
YoY Change -2.52% 21.4% 21.4%
Inventory $1.045B $1.018B $1.018B
Prepaid Expenses
Receivables $621.0M $549.0M $549.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.488B $2.357B $2.357B
YoY Change 5.56% -2.6% -2.6%
LONG-TERM ASSETS
Property, Plant & Equipment $3.273B $3.085B $3.085B
YoY Change 6.09% -1.47% -1.47%
Goodwill $1.934B $2.513B
YoY Change -23.04% -2.97%
Intangibles $371.0M $400.0M
YoY Change -7.25%
Long-Term Investments $694.0M $698.0M $698.0M
YoY Change -0.57% 32.95% 32.95%
Other Assets $808.0M $602.0M $646.0M
YoY Change 34.22% -7.53% 13.53%
Total Long-Term Assets $7.122B $7.342B $7.342B
YoY Change -3.0% 0.08% 0.08%
TOTAL ASSETS
Total Short-Term Assets $2.488B $2.357B $2.357B
Total Long-Term Assets $7.122B $7.342B $7.342B
Total Assets $9.610B $9.699B $9.699B
YoY Change -0.92% -0.58% -0.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.276B $1.321B $1.321B
YoY Change -3.41% -0.23% -0.23%
Accrued Expenses $563.0M $532.0M $532.0M
YoY Change 5.83% -2.21% -2.21%
Deferred Revenue
YoY Change
Short-Term Debt $75.00M $127.0M $0.00
YoY Change -40.94%
Long-Term Debt Due $49.00M $33.00M $160.0M
YoY Change 48.48% -79.63% -1.23%
Total Short-Term Liabilities $1.995B $2.207B $2.207B
YoY Change -9.61% -3.2% -3.2%
LONG-TERM LIABILITIES
Long-Term Debt $5.435B $5.181B $5.181B
YoY Change 4.9% 1.17% 1.17%
Other Long-Term Liabilities $357.0M $194.0M $1.315B
YoY Change 84.02% -85.4% -1.05%
Total Long-Term Liabilities $5.792B $5.375B $6.496B
YoY Change 7.76% -16.67% 0.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.995B $2.207B $2.207B
Total Long-Term Liabilities $5.792B $5.375B $6.496B
Total Liabilities $7.787B $7.582B $8.913B
YoY Change 2.7% -15.27% -0.39%
SHAREHOLDERS EQUITY
Retained Earnings -$89.00M $333.0M
YoY Change -126.73%
Common Stock $3.132B $3.126B
YoY Change 0.19%
Preferred Stock
YoY Change
Treasury Stock (at cost) $733.0M $705.0M
YoY Change 3.97%
Treasury Stock Shares $32.57M $30.92M
Shareholders Equity $467.0M $786.0M $786.0M
YoY Change
Total Liabilities & Shareholders Equity $9.610B $9.699B $9.699B
YoY Change -0.92% -0.58% -0.58%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018
OPERATING ACTIVITIES
Net Income $30.00M -$10.00M $257.0M
YoY Change -400.0% -92.54% 42.78%
Depreciation, Depletion And Amortization $119.0M $110.0M $494.0M
YoY Change 8.18% -5.17% 1.23%
Cash From Operating Activities $652.0M $693.0M $791.0M
YoY Change -5.92% 1.32% 9.71%
INVESTING ACTIVITIES
Capital Expenditures -$93.00M -$153.0M $536.0M
YoY Change -39.22% 2.68% 21.54%
Acquisitions $123.0M
YoY Change 215.38%
Other Investing Activities $161.0M -$124.0M -$2.000M
YoY Change -229.84% 6100.0% -102.22%
Cash From Investing Activities $68.00M -$277.0M -$698.0M
YoY Change -124.55% 83.44% 98.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $163.0M
YoY Change
Debt Paid & Issued, Net $2.353B
YoY Change 33.39%
Cash From Financing Activities -450.0M -338.0M -53.00M
YoY Change 33.14% -10.58% -86.48%
NET CHANGE
Cash From Operating Activities 652.0M 693.0M 791.0M
Cash From Investing Activities 68.00M -277.0M -698.0M
Cash From Financing Activities -450.0M -338.0M -53.00M
Net Change In Cash 270.0M 78.00M 20.00M
YoY Change 246.15% -49.68% -190.91%
FREE CASH FLOW
Cash From Operating Activities $652.0M $693.0M $791.0M
Capital Expenditures -$93.00M -$153.0M $536.0M
Free Cash Flow $745.0M $846.0M $255.0M
YoY Change -11.94% 1.56% -8.93%

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CY2020 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:20.15pt;margin:0pt 0pt 8pt 0pt;"><b style="font-weight:bold;">Use of Estimates </b><span style="white-space:pre-wrap;"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management of the Company to make estimates and assumptions that affect certain amounts reported in the financial statements and accompanying notes. Actual results may differ from those estimates, at which time the Company would revise its estimates accordingly.</span></p>
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6091000000
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6691000000
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6877000000
CY2020 oi Retained Corporate Costs And Other
RetainedCorporateCostsAndOther
145000000
CY2019 oi Retained Corporate Costs And Other
RetainedCorporateCostsAndOther
112000000
CY2018 oi Retained Corporate Costs And Other
RetainedCorporateCostsAndOther
116000000
CY2020 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
275000000
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
595000000
CY2019 oi Asbestos Related Costs
AsbestosRelatedCosts
35000000
CY2018 oi Asbestos Related Costs
AsbestosRelatedCosts
125000000
CY2020 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-26000000
CY2019 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-26000000
CY2018 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-74000000
CY2020 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
142000000
CY2019 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
114000000
CY2018 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
102000000
CY2020 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
-14000000
CY2020 oi Strategic Transaction Costs Excluded From Operating Profit
StrategicTransactionCostsExcludedFromOperatingProfit
8000000
CY2019 oi Strategic Transaction Costs Excluded From Operating Profit
StrategicTransactionCostsExcludedFromOperatingProfit
31000000
CY2019 us-gaap Gain Loss On Investments
GainLossOnInvestments
107000000
CY2020 us-gaap Interest Expense
InterestExpense
265000000
CY2019 us-gaap Interest Expense
InterestExpense
311000000
CY2018 us-gaap Interest Expense
InterestExpense
261000000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
353000000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-261000000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
277000000
CY2020Q4 us-gaap Assets
Assets
8882000000
CY2019Q4 us-gaap Assets
Assets
9610000000
CY2018Q4 us-gaap Assets
Assets
9699000000
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
673000000
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
694000000
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
698000000
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
37000000
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
78000000
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
77000000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
311000000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
426000000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
536000000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
468000000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
499000000
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
494000000
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
3045000000
CY2019Q4 us-gaap Noncurrent Assets
NoncurrentAssets
3476000000
CY2018Q4 us-gaap Noncurrent Assets
NoncurrentAssets
3085000000
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6091000000
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6691000000
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6877000000
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6091000000
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6691000000
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
6877000000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
623000000
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
621000000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
33000000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
32000000
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
675000000
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
872000000
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
129000000
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
128000000
CY2020Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
37000000
CY2019Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
45000000
CY2020Q4 us-gaap Inventory Net
InventoryNet
841000000
CY2019Q4 us-gaap Inventory Net
InventoryNet
1045000000
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
37000000
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
78000000
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
77000000
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
58000000
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
42000000
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
72000000
CY2020 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
111000000
CY2019 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
205000000
CY2020Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
82000000
CY2019Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
103000000
CY2019Q4 oi Deferred Returnable Packaging Costs
DeferredReturnablePackagingCosts
110000000
CY2020Q4 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
112000000
CY2019Q4 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
115000000
CY2020Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
59000000
CY2019Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
74000000
CY2020Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
19000000
CY2019Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
26000000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
662000000
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
808000000
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
25000000
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
74000000
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
102000000
CY2017Q4 us-gaap Goodwill
Goodwill
2590000000
CY2018 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-77000000
CY2018Q4 us-gaap Goodwill
Goodwill
2513000000
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
16000000
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
595000000
CY2019Q4 us-gaap Goodwill
Goodwill
1934000000
CY2020 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
17000000
CY2020Q4 us-gaap Goodwill
Goodwill
1951000000
CY2020Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
138000000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
203000000
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
178000000
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
178000000
CY2020Q4 oi Deferred Returnable Packaging Costs
DeferredReturnablePackagingCosts
82000000
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
38000000
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
170000000
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
24000000
CY2020Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
13000000
CY2019Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
8000000
CY2020Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
15000000
CY2020Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
12000000
CY2019Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
30000000
CY2020Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
155000000
CY2019Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
24000000
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
25000000
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
38000000
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
170000000
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
24000000
CY2020Q4 us-gaap Impaired Assets To Be Disposed Of By Method Other Than Sale Carrying Value Of Asset
ImpairedAssetsToBeDisposedOfByMethodOtherThanSaleCarryingValueOfAsset
1000000
CY2019Q4 us-gaap Impaired Assets To Be Disposed Of By Method Other Than Sale Carrying Value Of Asset
ImpairedAssetsToBeDisposedOfByMethodOtherThanSaleCarryingValueOfAsset
0
CY2020 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
96000000
CY2019 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
69000000
CY2019Q4 oi Restructuring Reserve Pension Settlement Charges Transferred To Other Accounts
RestructuringReservePensionSettlementChargesTransferredToOtherAccounts
14000000
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
69000000
CY2019 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
69000000
CY2019 oi Write Down Of Assets To Net Realizable Value
WriteDownOfAssetsToNetRealizableValue
17000000
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
54000000
CY2019 oi Restructuring Reserve Pension Settlement Charges Transferred To Other Accounts
RestructuringReservePensionSettlementChargesTransferredToOtherAccounts
14000000
CY2019 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
8000000
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
45000000
CY2020 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
96000000
CY2020 oi Write Down Of Assets To Net Realizable Value
WriteDownOfAssetsToNetRealizableValue
46000000
CY2020 us-gaap Payments For Restructuring
PaymentsForRestructuring
37000000
CY2020 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
13000000
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
45000000
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
91000000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
69000000
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0357
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
63000000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
108000000
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
70000000
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y10M24D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P7Y4M24D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0369
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
53000000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
41000000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
36000000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
29000000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
40000000
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7000000
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6000000
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2000000
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2000000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
75000000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
83000000
CY2020 us-gaap Lease Cost
LeaseCost
84000000
CY2019 us-gaap Lease Cost
LeaseCost
91000000
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
75000000
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
83000000
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2000000
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2000000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7000000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6000000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
42000000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
61000000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
138000000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
203000000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
45000000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
65000000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
93000000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
138000000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
138000000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
203000000
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
154000000
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
107000000
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
42000000
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0417
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0273
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
49000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
19000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
38000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
17000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
24000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
16000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
17000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
14000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
14000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
15000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
40000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
150000000
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
120000000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12000000
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
12000000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
138000000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
108000000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
89000000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
118000000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
108000000
CY2020 oi Income Tax Expense Benefit Including Discontinued Operations
IncomeTaxExpenseBenefitIncludingDiscontinuedOperations
89000000
CY2019 oi Income Tax Expense Benefit Including Discontinued Operations
IncomeTaxExpenseBenefitIncludingDiscontinuedOperations
118000000
CY2018 oi Income Tax Expense Benefit Including Discontinued Operations
IncomeTaxExpenseBenefitIncludingDiscontinuedOperations
108000000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-85000000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-535000000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-100000000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
438000000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
274000000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
377000000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
353000000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-261000000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
277000000
CY2019 oi Income Loss From Discontinued Operations Before Income Taxes Foreign
IncomeLossFromDiscontinuedOperationsBeforeIncomeTaxesForeign
-3000000
CY2018 oi Income Loss From Discontinued Operations Before Income Taxes Foreign
IncomeLossFromDiscontinuedOperationsBeforeIncomeTaxesForeign
113000000
CY2019 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-3000000
CY2018 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
113000000
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8000000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
12000000
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8000000
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
86000000
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
99000000
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
109000000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
94000000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
111000000
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
117000000
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1000000
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-6000000
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
7000000
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-9000000
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5000000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7000000
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-9000000
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
9000000
CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
12000000
CY2018 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
8000000
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
80000000
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
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