Equity Investments (Tables)

12 Months Ended

Dec. 31, 2022

Equity Investments

Company's ownership percentage in affiliates

At December 31, 2022, 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
Vetrerie Meridionali SpA ("VeMe")	50	%	Glass container manufacturer
Vetri Speciali SpA	50	%	Specialty glass manufacturer

Equity in earnings

	2022		2021		2020
Equity in earnings:
Non-U.S.	$	101	$	83	$	29
U.S.		6		7		8
Total	$	107	$	90	$	37
Dividends received	$	71	$	103	$	58

Summary of balance sheet information of equity investments

	2022		2021
At end of year:
Current assets	$	641	$	557
Non-current assets		1,369		1,317
Total assets		2,010		1,874
Current liabilities		426		386
Other liabilities and deferred items		207		195
Total liabilities and deferred items		633		581
Net assets	$	1,377	$	1,293

Summary of income statement information of equity investments