Equity Investments (Tables)-K

12 Months Ended

Dec. 31, 2015

Equity Investments

Company's ownership percentage in affiliates

At December 31, 2015 the Company’s ownership percentage in affiliates include:

	O-I Ownership
Affiliates	Percentage		Business Type
BJC O-I Glass Pte. Ltd.	50	%	Glass container manufacturer
CO Vidrieria SARL ("COV")	50	%	Glass container manufacturer
Rocky Mountain Bottle Company	50	%	Glass container manufacturer
Tata Chemical (Soda Ash) Partners	25	%	Soda ash supplier
Vetrerie Meridionali SpA ("VeMe")	50	%	Glass container manufacturer
Vetri Speciali SpA	50	%	Specialty glass manufacturer

Equity in earnings

	2015		2014		2013
Equity in earnings:
Non-U.S.	$	23	$	23	$	27
U.S.		37		41		40
Total	$	60	$	64	$	67
Dividends received	$	53	$	54	$	67

Summary of balance sheet information of equity investments

	2015		2014
At end of year:
Current assets	$	430	$	479
Non-current assets		959		718
Total assets		1,389		1,197
Current liabilities		203		217
Other liabilities and deferred items		211		191
Total liabilities and deferred items		414		408
Net assets	$	975	$	789

Summary of income statement information of equity investments

For the year:	2015		2014		2013
Net sales	$	719	$	752	$	699
Gross profit	$	193	$	198	$	185
Net earnings	$	139	$	150	$	149