Equity Investments (Tables)

12 Months Ended

Dec. 31, 2017

Equity Investments

Company's ownership percentage in affiliates

At December 31, 2017 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

	2017		2016		2015
Equity in earnings:
Non-U.S.	$	45	$	19	$	23
U.S.		32		41		37
Total	$	77	$	60	$	60
Dividends received	$	48	$	38	$	53

Summary of balance sheet information of equity investments

	2017		2016
At end of year:
Current assets	$	466	$	425
Non-current assets		1,021		779
Total assets		1,487		1,204
Current liabilities		232		190
Other liabilities and deferred items		198		145
Total liabilities and deferred items		430		335
Net assets	$	1,057	$	869

Summary of income statement information of equity investments

For the year:	2017		2016		2015
Net sales	$	883	$	755	$	719
Gross profit	$	242	$	182	$	193
Net earnings	$	165	$	145	$	139