Equity Investments (Tables)

12 Months Ended

Dec. 31, 2016

Equity Investments

Company's ownership percentage in affiliates

At December 31, 2016 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

	2016		2015		2014
Equity in earnings:
Non-U.S.	$	19	$	23	$	23
U.S.		41		37		41
Total	$	60	$	60	$	64
Dividends received	$	38	$	53	$	54

Summary of balance sheet information of equity investments

	2016		2015
At end of year:
Current assets	$	451	$	430
Non-current assets		1,025		959
Total assets		1,476		1,389
Current liabilities		200		203
Other liabilities and deferred items		368		211
Total liabilities and deferred items		568		414
Net assets	$	908	$	975

Summary of income statement information of equity investments

For the year:	2016		2015		2014
Net sales	$	755	$	719	$	752
Gross profit	$	182	$	193	$	198
Net earnings	$	134	$	139	$	150