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Equity Investments (Tables)
12 Months Ended
Dec. 31, 2024
Equity Investments  
Schedule of company's ownership percentage in affiliates

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

Schedule of information pertaining to the Company's equity affiliates

    

2024

    

2023

    

2022

 

Equity in earnings:

Non-U.S.

$

75

$

121

$

101

U.S.

 

4

 

6

 

6

Total

$

79

$

127

$

107

Dividends received

$

101

$

116

$

71

Schedule of balance sheet information of equity investments

    

2024

    

2023

 

At end of year:

Current assets

$

698

$

695

Non-current assets

 

1,405

 

1,458

Total assets

 

2,103

 

2,153

Current liabilities

 

502

 

496

Other liabilities and deferred items

 

230

 

221

Total liabilities and deferred items

 

732

 

717

Net assets

$

1,371

$

1,436

Schedule of income statement information of equity investments

For the year:

    

2024

    

2023

    

2022

 

Net sales

$

1,207

$

1,274

$

1,328

Gross profit

$

344

$

351

$

348

Net earnings

$

213

$

236

$

232