SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)

12 Months Ended

Dec. 31, 2016

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)

OWENS-ILLINOIS, INC.

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)

Years ended December 31, 2016, 2015, and 2014

(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
2016	$	29	$	15	$	(2)	$	(10)	$	32
2015	$	34	$	12	$	(5)	$	(12)	$	29
2014	$	39	$	15	$	(12)	$	(8)	$	34

(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		Other		period
2016	$	1,135	$	3	$	(32)	$	(3)	$	(9)	$	1,094
2015	$	1,223	$	1	$	5	$	(20)	$	(74)	$	1,135
2014	$	1,209	$	(2)	$	55	$	(15)	$	(24)	$	1,223