OWENS-ILLINOIS GROUP INC Financial Statements (2026 and earlier)

Company Profile

Business Address C/O OWENS-ILLINOIS INC
PERRYSBURG, OH 43551-2999
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3221 - Glass Containers (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

9/30/2019
MRQ
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 512492492399512383
Cash and cash equivalent 512492492399512383
Receivables 549663626562744943
Inventory, net of allowances, customer advances and progress billings 1,0181,0369831,0071,0351,117
Inventory 1,0181,0369831,0071,0351,117
Prepaid expense   505280107
Other current assets     80490
Other undisclosed current assets 278229103314(80)(490)
Total current assets: 2,3572,4202,2542,3342,3712,550
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 3,0853,1312,8802,9612,4452,632
Long-term investments and receivables 698525433409427315
Long-term investments 698525433409427315
Intangible asset, including goodwill, after accumulated amortization 2,9133,0292,9263,0861,9112,082
Goodwill 2,5132,5902,4622,4891,8932,059
Intangible asset, excluding goodwill, after accumulated amortization 4004394645971823
Deferred costs     2133
Other noncurrent assets 602602602599700679
Defined benefit plan, assets for plan benefits✕✕4940322268
Other undisclosed noncurrent assets 44   (39)60
Total noncurrent assets: 7,3427,3366,8817,0875,4875,869
TOTAL ASSETS: 9,6999,7569,1359,4217,8588,419
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,8871,9031,7501,2121,1371,782
Taxes payable 343558364338
Employee-related liabilities 157166174145145 
Accounts payable 1,3211,3241,1351,2121,1371,144
Accrued liabilities 375378383371372431
Other undisclosed accounts payable and accrued liabilities    (552)(560)169
Debt 160162195228488322
Disposal group, including discontinued operation  115    
Other liabilities  579615552560 
Other undisclosed current liabilities  (579)(615)   
Total current liabilities: 2,0472,1801,9451,9922,1852,104
Noncurrent Liabilities
Long-term debt and lease obligation, including: 5,1815,1215,1335,3452,9723,245
Other undisclosed long-term debt and lease obligation 5,1815,1215,1335,3452,9723,245
Liabilities, other than long-term debt 9699461,0029889911,019
Pension and other postretirement defined benefit plans, liabilities✕✕✕✕✕✕537
Deferred tax liabilities, net✕9699100124121196
Liability, pension and other postretirement and postemployment benefits 679638714659643✕
Other liabilities 194209188205227286
Total noncurrent liabilities: 6,1506,0676,1356,3333,9634,264
Total liabilities: 8,1978,2478,0808,3256,1486,368
Equity
Equity, attributable to parent 1,3881,3909469881,5931,904
Additional paid in capital 3115536357319641,112
Accumulated other comprehensive loss (1,927)(1,785)(2,131)(1,976)(1,453)(1,080)
Retained earnings 3,0042,6222,4422,2332,0821,872
Equity, attributable to noncontrolling interest 114119109108117147
Total equity: 1,5021,5091,0551,0961,7102,051
TOTAL LIABILITIES AND EQUITY: 9,6999,7569,1359,4217,8588,419

Income Statement (P&L) ($ in millions)
Annual | Quarterly

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues 6,8776,8696,7026,1566,7846,967
Revenue, net✕✕6,8696,7026,1566,7846,967
Cost of revenue
(Cost of Product and Service Sold)		 (5,594)(5,736)(5,490)(5,046)(5,531)(5,636)
Gross profit: 1,2831,1331,2121,1101,2531,331
Operating expenses (655)(639)(697)(706)(760)(734)
Other operating expense, net (144)(105)(76)   
Other undisclosed operating income    336  
Operating income: 484389439740493597
Nonoperating expense    (95)(146)(111)
Other nonoperating expense    (95)(148)(121)
Interest and debt expense (261)(268)(272)(251)(230)(239)
Income from continuing operations before equity method investments, income taxes: 223121167394117247
Income from equity method investments 777760606467
Other undisclosed income (loss) from continuing operations before income taxes 10277129(170)172166
Income from continuing operations before income taxes: 402275356284353480
Income tax expense (108)(70)(119)(106)(92)(120)
Income from continuing operations: 294205237178261360
Income before gain (loss) on sale of properties: 407202230174238360
Income (loss) from discontinued operations 113(3)(7)(4)(23) 
Other undisclosed net loss      (18)
Net income: 407202230174238342
Net loss attributable to noncontrolling interest (25)(22)(21)(23)(28)(13)
Net income available to common stockholders, diluted: 382180209151210329

Comprehensive Income ($ in millions)
Annual | Quarterly

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income: 407202230174238342
Other comprehensive income (loss) (150)351(159)(539)(394)379
Comprehensive income (loss): 25755371(365)(156)721
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (17)(27)(17)(7)(7)7
Other undisclosed comprehensive loss, net of tax, attributable to parent      (14)
Comprehensive income (loss), net of tax, attributable to parent: 24052654(372)(163)714

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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