Equity Investments (Tables)

12 Months Ended

Dec. 31, 2018

Equity Investments

Company's ownership percentage in affiliates

At December 31, 2018 the Company’s ownership percentage in affiliates include:

	O-I Ownership
Affiliates	Percentage		Business Type
Empresas Comegua S.A.	49.7	%	Glass container manufacturer
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

	2018		2017		2016
Equity in earnings:
Non-U.S.	$	52	$	45	$	19
U.S.		25		32		41
Total	$	77	$	77	$	60
Dividends received	$	72	$	48	$	38

Summary of balance sheet information of equity investments

	2018		2017
At end of year:
Current assets	$	655	$	466
Non-current assets		1,306		1,021
Total assets		1,961		1,487
Current liabilities		342		232
Other liabilities and deferred items		242		198
Total liabilities and deferred items		584		430
Net assets	$	1,377	$	1,057

Summary of income statement information of equity investments

For the year:	2018		2017		2016
Net sales	$	972	$	883	$	755
Gross profit	$	234	$	242	$	182
Net earnings	$	184	$	165	$	145