Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Dec. 31, 2013	Jan. 31, 2014
Document and Entity Information
Entity Registrant Name	OWENS-ILLINOIS GROUP INC
Entity Central Index Key	0000812233
Document Type	10-K
Document Period End Date	Dec. 31, 2013
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Public Float	$ 0
Entity Common Stock, Shares Outstanding		100
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	FY

CONSOLIDATED RESULTS OF OPERATIONS (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
CONSOLIDATED RESULTS OF OPERATIONS
Net sales	$ 6,967	$ 7,000	$ 7,358
Cost of goods sold	(5,636)	(5,626)	(5,969)
Gross profit	1,331	1,374	1,389
Selling and administrative expense	(506)	(555)	(556)
Research, development and engineering expense	(62)	(62)	(71)
Interest expense	(239)	(248)	(314)
Interest income	10	9	11
Equity earnings	67	64	66
Other expense, net	(121)	(99)	(756)
Earnings (loss) from continuing operations before income taxes	480	483	(231)
Provision for income taxes	(120)	(108)	(85)
Earnings (loss) from continuing operations	360	375	(316)
Gain (loss) from discontinued operations	(18)	(2)	1
Net earnings (loss)	342	373	(315)
Net earnings attributable to noncontrolling interests	(13)	(34)	(20)
Net earnings (loss) attributable to the Company	329	339	(335)
Amounts attributable to the Company:
Earnings (loss) from continuing operations	347	341	(336)
Gain (loss) from discontinued operations	(18)	(2)	1
Net earnings (loss) attributable to the Company	$ 329	$ 339	$ (335)

CONSOLIDATED COMPREHENSIVE INCOME (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
CONSOLIDATED COMPREHENSIVE INCOME
Net earnings (loss)	$ 342	$ 373	$ (315)
Other comprehensive income (loss):
Foreign currency translation adjustments	(232)	(26)	(187)
Pension and other postretirement benefit adjustments, net of tax	609	(156)	(225)
Change in fair value of derivative instruments	2	5	(3)
Other comprehensive income (loss)	379	(177)	(415)
Total comprehensive income (loss)	721	196	(730)
Comprehensive income attributable to noncontrolling interests	(7)	(42)	(20)
Comprehensive income (loss) attributable to the Company	$ 714	$ 154	$ (750)

CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Current assets:
Cash, including time deposits of $61 ($90 in 2012)	$ 383	$ 431
Receivables	943	968
Inventories	1,117	1,139
Prepaid expenses	107	110
Total current assets	2,550	2,648
Other assets:
Equity investments	315	294
Repair parts inventories	116	133
Pension assets	68
Other assets	679	675
Goodwill	2,059	2,079
Total other assets	3,237	3,181
Property, plant and equipment:
Land, at cost	254	261
Buildings and equipment, at cost:
Buildings and building equipment	1,197	1,221
Factory machinery and equipment	4,651	4,861
Transportation, office and miscellaneous equipment	123	136
Construction in progress	213	188
Property, plant and equipment, at cost	6,438	6,667
Less accumulated depreciation	3,806	3,898
Net property, plant and equipment	2,632	2,769
Total assets	8,419	8,598
Current liabilities:
Short-term loans	306	296
Accounts payable	1,144	1,032
Salaries and wages	169	172
U.S. and foreign income taxes	38	43
Other accrued liabilities	431	441
Long-term debt due within one year	16	23
Total current liabilities	2,104	2,007
Long-term debt	3,245	3,454
Deferred taxes	196	182
Pension benefits	350	846
Nonpension postretirement benefits	187	264
Other liabilities	286	329
Share owner's equity of the Company:
Common stock, par value $.01 per share, 1,000 shares authorized, 100 shares issued and outstanding
Other contributed capital	1,112	124
Retained earnings	1,872	2,683
Accumulated other comprehensive loss	(1,080)	(1,465)
Total share owner's equity of the Company	1,904	1,342
Noncontrolling interests	147	174
Total share owners' equity	2,051	1,516
Total liabilities and share owners' equity	$ 8,419	$ 8,598

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) In Millions, except Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
CONSOLIDATED BALANCE SHEETS
Cash, time deposits (in dollars)	$ 61	$ 90
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	1,000	1,000
Common stock, shares issued	100	100
Common stock, shares outstanding	100	100

- Definition

Any certificate of deposit or savings account held by a bank or other financial institution for a short-term specified period of time. Because of their short-term, time deposits are considered highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months.

+ References+ Details

CONSOLIDATED SHARE OWNERS' EQUITY (USD $) In Millions, unless otherwise specified	Total	Other Contributed Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Noncontrolling Interests
Balance at Dec. 31, 2010	$ 2,541	$ 507	$ 2,679	$ (856)	$ 211
Increase (Decrease) in Share Owners' Equity
Net distribution to parent	(157)	(157)
Net earnings (loss)	(315)		(335)		20
Other comprehensive income (loss)	(415)			(415)
Acquisition of noncontrolling interest	(107)	(55)		(9)	(43)
Distribution to noncontrolling interests	(35)				(35)
Balance at Dec. 31, 2011	1,512	295	2,344	(1,280)	153
Increase (Decrease) in Share Owners' Equity
Net distribution to parent	(171)	(171)
Net earnings (loss)	373		339		34
Other comprehensive income (loss)	(177)			(185)	8
Distribution to noncontrolling interests	(24)				(24)
Contribution from noncontrolling interests	3				3
Balance at Dec. 31, 2012	1,516	124	2,683	(1,465)	174
Increase (Decrease) in Share Owners' Equity
Net distribution to parent	(152)	988	(1,140)
Net earnings (loss)	342		329		13
Other comprehensive income (loss)	379			385	(6)
Distribution to noncontrolling interests	(22)				(22)
Contribution from noncontrolling interests	5				5
Deconsolidation of subsidiary	(17)				(17)
Balance at Dec. 31, 2013	$ 2,051	$ 1,112	$ 1,872	$ (1,080)	$ 147

CONSOLIDATED CASH FLOWS (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Operating activities:
Net earnings (loss)	$ 342	$ 373	$ (315)
(Gain) loss from discontinued operations	18	2	(1)
Non-cash charges (credits):
Depreciation	350	378	405
Amortization of intangibles and other deferred items	47	34	17
Amortization of finance fees and debt discount	32	33	32
Deferred tax benefit	(3)	(5)	(42)
Pension expense	101	92	91
Restructuring, asset impairment and related charges	119	168	112
Gain on China land compensation		(61)
Charge for goodwill impairment			641
Other	52	8	50
Pension contributions	(96)	(219)	(59)
Cash paid for restructuring	(78)	(66)	(39)
Change in non-current assets and liabilities	(150)	(73)	(100)
Change in components of working capital	124	81	(117)
Cash provided by continuing operating activities	858	745	675
Cash utilized in discontinued operating activities	(18)	(5)	(2)
Total cash provided by operating activities	840	740	673
Investing activities:
Additions to property, plant, and equipment	(361)	(290)	(285)
Acquisitions, net of cash acquired	(4)	(5)	(144)
Net cash proceeds related to sale of assets and other	11	95	3
Net payments to fund minority partner loan	(16)	(21)
Deconsolidation of subsidiary	(32)
Cash utilized in investing activities	(402)	(221)	(426)
Financing activities:
Additions to long-term debt	768	119	1,465
Repayments of long-term debt	(1,040)	(402)	(1,797)
Increase (decrease) in short-term loans	8	(38)	80
Net receipts (payments) for hedging activity and other	(24)	27	(22)
Payment of finance fees	(7)	(1)	(19)
Distributions to noncontrolling interests	(22)	(24)	(35)
Contribution from noncontrolling interests	5	3
Distribution to parent	(167)	(188)	(165)
Cash utilized in financing activities	(479)	(504)	(493)
Effect of exchange rate fluctuations on cash	(7)	16	6
Increase (decrease) in cash	(48)	31	(240)
Cash at beginning of year	431	400	640
Cash at end of year	$ 383	$ 431	$ 400

Significant Accounting Policies	12 Months Ended
Significant Accounting Policies	Dec. 31, 2013
Significant Accounting Policies
Significant Accounting Policies	1. Significant Accounting Policies Basis of Consolidated Statements The consolidated financial statements of Owens-Illinois Group, Inc. (the “Company”) include the accounts of its subsidiaries. Newly acquired subsidiaries have been included in the consolidated financial statements from dates of acquisition. The Company uses the equity method of accounting for investments in which it has a significant ownership interest, generally 20% to 50%. Other investments are accounted for at cost. The Company monitors other than temporary declines in fair value and records reductions in carrying values when appropriate. Relationship with Owens-Illinois, Inc. The Company is a 100%-owned subsidiary of Owens-Illinois, Inc. (“OI Inc.”). Although OI Inc. does not conduct any operations, it has substantial obligations related to outstanding indebtedness and asbestos-related payments. OI Inc. relies primarily on distributions from its direct and indirect subsidiaries to meet these obligations. For federal and certain state income tax purposes, the taxable income of the Company is included in the consolidated tax returns of OI Inc. and income taxes are allocated to the Company on a basis consistent with separate returns. Nature of Operations The Company is a leading manufacturer of glass container products. The Company’s principal product lines are glass containers for the food and beverage industries. The Company has glass container operations located in 21 countries. The principal markets and operations for the Company’s products are in Europe, North America, South America and Asia Pacific. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management of the Company to make estimates and assumptions that affect certain amounts reported in the financial statements and accompanying notes. Actual results may differ from those estimates, at which time the Company would revise its estimates accordingly. Foreign Currency Translation The assets and liabilities of non-U.S. subsidiaries are translated into U.S. dollars at year-end exchange rates. Any related translation adjustments are recorded in accumulated other comprehensive income in share owners’ equity. Revenue Recognition The Company recognizes sales, net of estimated discounts and allowances, when the title to the products and risk of loss are transferred to customers. Provisions for rebates to customers are provided in the same period that the related sales are recorded. Shipping and Handling Costs Shipping and handling costs are included with cost of goods sold in the Consolidated Results of Operations. Stock-Based Compensation The Company participates in OI Inc.’s stock-based compensation plans consisting of stock option grants and restricted share awards. Costs resulting from all share-based compensation plans are required to be recognized in the financial statements. A public entity is required to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. That cost is recognized over the required service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the required service. Cash The Company defines “cash” as cash and time deposits with maturities of three months or less when purchased. Outstanding checks in excess of funds on deposit are included in accounts payable. Accounts Receivable Receivables are stated at amounts estimated by management to be the net realizable value. The Company charges off accounts receivable when it becomes apparent based upon age or customer circumstances that amounts will not be collected. Allowance for Doubtful Accounts The allowance for doubtful accounts is established through charges to the provision for bad debts. The Company evaluates the adequacy of the allowance for doubtful accounts on a periodic basis. The evaluation includes historical trends in collections and write-offs, management’s judgment of the probability of collecting accounts and management’s evaluation of business risk. Inventory Valuation Inventories are valued at the lower of average costs or market. Goodwill Goodwill represents the excess of cost over fair value of net assets of businesses acquired. Goodwill is evaluated annually, as of October 1, for impairment or more frequently if an impairment indicator exists. Intangible Assets and Other Long-Lived Assets Intangible assets are amortized over the expected useful life of the asset. Amortization expense directly attributed to the manufacturing of the Company’s products is included in cost of goods sold. Amortization expense related to non-manufacturing activities is included in selling and administrative and other. The Company evaluates the recoverability of intangible assets and other long-lived assets based on undiscounted projected cash flows, excluding interest and taxes, when factors indicate that impairment may exist. If impairment exists, the asset is written down to fair value. Property, Plant and Equipment Property, plant and equipment (“PP&E”) is carried at cost and includes expenditures for new facilities and equipment and those costs which substantially increase the useful lives or capacity of existing PP&E. In general, depreciation is computed using the straight-line method and recorded over the estimated useful life of the asset. Factory machinery and equipment is depreciated over periods ranging from 5 to 25 years with the majority of such assets (principally glass-melting furnaces and forming machines) depreciated over 7 to 15 years. Buildings and building equipment are depreciated over periods ranging from 10 to 50 years. Depreciation expense directly attributed to the manufacturing of the Company’s products is included in cost of goods sold. Depreciation expense related to non-manufacturing activities is included in selling and administrative. Depreciation expense includes the amortization of assets recorded under capital leases. Maintenance and repairs are expensed as incurred. Costs assigned to PP&E of acquired businesses are based on estimated fair values at the date of acquisition. The Company evaluates the recoverability of PP&E based on undiscounted projected cash flows, excluding interest and taxes, when factors indicate that impairment may exist. If impairment exists, the asset is written down to fair value. Derivative Instruments The Company uses forward exchange contracts, options and commodity futures contracts to manage risks generally associated with foreign exchange rate and commodity market volatility. Derivative financial instruments are included on the balance sheet at fair value. When appropriate, derivative instruments are designated as and are effective as hedges, in accordance with accounting principles generally accepted in the United States. If the underlying hedged transaction ceases to exist, all changes in fair value of the related derivatives that have not been settled are recognized in current earnings. The Company does not enter into derivative financial instruments for trading purposes and is not a party to leveraged derivatives. Cash flows from short-term forward exchange contracts not designated as hedges are classified as a financing activity. Cash flows of commodity futures contracts are classified as operating activities. Fair Value Measurements Fair value is defined as the amount that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. Generally accepted accounting principles defines a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices in active markets; Level 2: Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs for which there is little or no market data, which requires the Company to develop assumptions. The carrying amounts reported for cash and short-term loans approximate fair value. In addition, carrying amounts approximate fair value for certain long-term debt obligations subject to frequently redetermined interest rates. Fair values for the Company’s significant fixed rate debt obligations are generally based on published market quotations. The Company’s derivative assets and liabilities consist of natural gas forwards and foreign exchange option and forward contracts. The Company uses an income approach to valuing these contracts. Natural gas forward rates and foreign exchange rates are the significant inputs into the valuation models. These inputs are observable in active markets over the terms of the instruments the Company holds, and accordingly, the Company classifies its derivative assets and liabilities as Level 2 in the hierarchy. The Company also evaluates counterparty risk in determining fair values. Reclassifications Certain reclassifications of prior years’ data have been made to conform to the current year presentation. New Accounting Standards In July 2013, the Financial Accounting Standards Board issued guidance related to the presentation of unrecognized tax benefits when net operating loss carryforwards or tax credit carryforwards exist. This new guidance is effective for fiscal years, and interim periods, beginning after December 31, 2013. The Company elected to adopt this standard effective December 31, 2013. The adoption of this standard impacted how the Company presents certain of its unrecognized tax benefits on its balance sheet, with no impact to the results of operations or cash flows.

Segment Information

12 Months Ended

Dec. 31, 2013

Segment Information

Segment Information

2. Segment Information

The Company has four reportable segments based on its geographic locations: Europe, North America, South America and Asia Pacific. These four segments are aligned with the Company’s internal approach to managing, reporting, and evaluating performance of its global glass operations. Certain assets and activities not directly related to one of the regions or to glass manufacturing are reported with Retained corporate costs and other. These include licensing, equipment manufacturing, global engineering, and non-glass equity investments. Retained corporate costs and other also includes certain headquarters administrative and facilities costs and certain incentive compensation and other benefit plan costs that are global in nature and are not allocable to the reportable segments.

The Company’s measure of profit for its reportable segments is segment operating profit, which consists of consolidated earnings from continuing operations before interest income, interest expense, and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs. The Company’s management uses segment operating profit, in combination with selected cash flow information, to evaluate performance and to allocate resources. Segment operating profit for reportable segments includes an allocation of some corporate expenses based on both a percentage of sales and direct billings based on the costs of specific services provided.

Financial information regarding the Company’s reportable segments is as follows:

	2013		2012		2011
Net sales:
Europe	$	2,787	$	2,717	$	3,052
North America	2,002		1,966		1,929
South America	1,186		1,252		1,226
Asia Pacific	966		1,028		1,059

Reportable segment totals	6,941		6,963		7,266
Other	26		37		92
Net sales	$	6,967	$	7,000	$	7,358

	2013			2012			2011
Segment operating profit:
Europe	$	305		$	307		$	345
North America	307			288			222
South America	204			227			250
Asia Pacific	131			113			83
Reportable segment totals	947			935			900

Items excluded from segment operating profit:
Retained corporate costs and other	(119		)	(106		)	(75		)
Restructuring, asset impairment and related charges	(119		)	(168		)	(112		)
Charge for goodwill impairment							(641		)
Gain on China land compensation				61
Interest income	10			9			11
Interest expense	(239		)	(248		)	(314		)
Earnings (loss) from continuing operations before income taxes	$	480		$	483		$	(231	)

									Reportable		Retained
			North		South		Asia		Segment		Corp Costs		Consolidated
	Europe		America		America		Pacific		Totals		and Other		Totals
Total assets:
2013	$	3,509	$	1,995	$	1,467	$	1,150	$	8,121	$	298	$	8,419
2012	3,362		1,994		1,655		1,349		8,360		238		8,598
2011	3,588		2,020		1,682		1,379		8,669		306		8,975
Equity investments:
2013	$	84	$	25	$	—	$	155	$	264	$	51	$	315
2012	63		25				165		253		41		294
2011	59		27				181		267		48		315
Equity earnings:
2013	$	17	$	16	$	—	$	10	$	43	$	24	$	67
2012	15		16				5		36		28		64
2011	21		9				3		33		33		66
Capital expenditures:
2013	$	130	$	100	$	80	$	36	$	346	$	15	$	361
2012	87		68		75		49		279		11		290
2011	127		60		50		37		274		11		285
Depreciation and amortization expense:
2013	$	139	$	110	$	72	$	62	$	383	$	14	$	397
2012	150		107		70		70		397		15		412
2011	164		96		73		80		413		9		422

The Company’s net property, plant and equipment by geographic segment are as follows:

	U.S.		Non-U.S.		Total
2013	$	686	$	1,946	$	2,632
2012	663		2,106		2,769
2011	667		2,210		2,877

The Company’s net sales by geographic segment are as follows:

	U.S.		Non-U.S.		Total
2013	$	1,809	$	5,158	$	6,967
2012	1,780		5,220		7,000
2011	1,776		5,582		7,358

Operations outside the U.S. that accounted for more than 10% of consolidated net sales from continuing operations were in France (2013 — 11%, 2012 — 11%, 2011 — 13%).

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

Receivables

12 Months Ended

Dec. 31, 2013

Receivables

Receivables

3. Receivables

Receivables consist of the following at December 31, 2013 and 2012:

	2013		2012
Trade accounts receivable	$	757	$	827
Less: allowances for doubtful accounts and discounts	39		41
Net trade receivables	718		786
Other receivables	225		182
	$	943	$	968

The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows. At December 31, 2013 and 2012, the amount of receivables sold by the Company was $192 million and $141 million, respectively. The Company has no continuing involvement with the sold receivables.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References+ Details

Inventories

12 Months Ended

Dec. 31, 2013

Inventories

Inventories

4. Inventories

Major classes of inventory are as follows:

	2013		2012
Finished goods	$	958	$	957
Raw materials	113		137
Operating supplies	46		45
	$	1,117	$	1,139

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details

Equity Investments

12 Months Ended

Dec. 31, 2013

Equity Investments

Equity Investments

5. Equity Investments

Summarized information pertaining to the Company’s equity associates follows:

	2013		2012		2011
For the year:
Equity in earnings:
Non-U.S.	$	27	$	20	$	24
U.S.	40		44		42
Total	$	67	$	64	$	66

Dividends received	$	67	$	50	$	50

Summarized combined financial information for equity associates is as follows (unaudited):

	2013		2012
At end of year:
Current assets	$	419	$	327
Non-current assets	528		496
Total assets	947		823
Current liabilities	224		195
Other liabilities and deferred items	193		158
Total liabilities and deferred items	417		353
Net assets	$	530	$	470

	2013		2012		2011
For the year:
Net sales	$	699	$	658	$	689

Gross profit	$	185	$	191	$	215

Net earnings	$	149	$	143	$	174

The Company’s significant equity method investments include: (1) 50% of the common shares of Vetri Speciali SpA, a specialty glass manufacturer; (2) a 25% partnership interest in Tata Chemical (Soda Ash) Partners, a soda ash supplier; (3) a 50% partnership interest in Rocky Mountain Bottle Company, a glass container manufacturer; (4) a 50% partnership interest in BJC O-I Glass Pte. Ltd., a glass container manufacturer; and (5) 50% of the common shares of Vetrerie Meridionali SpA (“VeMe”), a glass container manufacturer. During the fourth quarter of 2013, changes were made to the VeMe joint venture agreement that resulted in the Company relinquishing control of the joint venture and, therefore, deconsolidating the entity. No gain or loss was recognized related to the deconsolidation as the fair value of the entity was equal to the carrying amount of the entity’s assets and liabilities. The fair value, which the Company classified as Level 3 in the fair value hierarchy, was computed using a discounted cash flow analysis based on projected future cash flows of the joint venture.

There is a difference of approximately $13 million as of December 31, 2013 between the amount at which certain investments are carried and the amount of underlying equity in net assets. The portion of the difference related to inventory or amortizable assets is amortized as a reduction of the equity earnings. The remaining difference is considered goodwill.

- Definition

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

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Goodwill

12 Months Ended

Dec. 31, 2013

Goodwill

Goodwill

6. Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2013, 2012 and 2011 are as follows:

				North			South			Asia
	Europe			America			America			Pacific			Other		Total
Balance as of January 1, 2011	$	1,009		$	743		$	387		$	677		$	5	$	2,821
Acquisitions	8														8
Impairment charge										(641		)			(641		)
Translation effects	(34		)	(3		)	(33		)	(36		)			(106		)
Balance as of December 31, 2011	983			740			354			—			5		2,082
Translation effects	23			3			(29		)						(3		)
Balance as of December 31, 2012	1,006			743			325			—			5		2,079
Translation effects	38			(9		)	(49		)						(20		)
Balance as of December 31, 2013	$	1,044		$	734		$	276		$	—		$	5	$	2,059

Goodwill for the Asia Pacific segment is net of accumulated impairment losses of $1,135 million as of December 31, 2013, 2012 and 2011.

Goodwill is tested for impairment annually as of October 1 (or more frequently if impairment indicators arise) using a two-step process. Step 1 compares the business enterprise value (“BEV”) of each reporting unit with its carrying value. The BEV is computed based on estimated future cash flows, discounted at the weighted average cost of capital of a hypothetical third-party buyer. If the BEV is less than the carrying value for any reporting unit, then Step 2 must be performed. Step 2 compares the implied fair value of goodwill with the carrying amount of goodwill. Any excess of the carrying value of the goodwill over the implied fair value will be recorded as an impairment loss. The calculations of the BEV in Step 1 and the implied fair value of goodwill in Step 2 are based on significant unobservable inputs, such as price trends, customer demand, material costs, discount rates and asset replacement costs, and are classified as Level 3 in the fair value hierarchy.

During the fourth quarter of 2013, the Company completed its annual impairment testing and determined that no impairment existed. During the fourth quarter of 2011, the Company completed its annual impairment testing and determined that impairment existed in the goodwill of its Asia Pacific segment. Lower projected cash flows, principally in the segment’s Australian operations, caused the decline in the business enterprise value. The strong Australian dollar in 2011 resulted in many wine producers in the country exporting their wine in bulk shipments and bottling the wine closer to their end markets. This decreased the demand for wine bottles in Australia, which was a significant portion of the Company’s sales in that country, and the Company expects this decreased demand to continue into the foreseeable future. Following a review of the valuation of the segment’s identifiable assets, the Company recorded an impairment charge of $641 million to reduce the reported value of its goodwill.

Other Assets

12 Months Ended

Dec. 31, 2013

Other Assets

Other Assets

7. Other Assets

Other assets consist of the following at December 31, 2013 and 2012:

	2013		2012

Deferred tax assets	$	237	$	284
Capitalized software	114		115
Deferred returnable packaging costs	124		96
Non-income tax receivable	70		20
Deferred finance fees	33		40
Intangibles	23		29
Other	78		91
	$	679	$	675

Capitalized software includes costs related to the acquisition and development of internal-use software. These costs are amortized over the estimated useful life of the software. Amortization expense for capitalized software was $14 million, $15 million and $11 million for 2013, 2012 and 2011, respectively. Estimated amortization related to capitalized software through 2018 is as follows: 2014, $17 million; 2015, $16 million; 2016, $13 million; 2017, $13 million; and 2018, $12 million.

Derivative Instruments

12 Months Ended

Dec. 31, 2013

Derivative Instruments

Derivative Instruments

8. Derivative Instruments

The Company has certain derivative assets and liabilities which consist of natural gas forwards and foreign exchange option and forward contracts. The Company uses an income approach to value these contracts. Natural gas forward rates and foreign exchange rates are the significant inputs into the valuation models. These inputs are observable in active markets over the terms of the instruments the Company holds, and accordingly, the Company classifies its derivative assets and liabilities as Level 2 in the hierarchy. The Company also evaluates counterparty risk in determining fair values.

Commodity Futures Contracts Designated as Cash Flow Hedges

In North America, the Company enters into commodity futures contracts related to forecasted natural gas requirements, the objectives of which are to limit the effects of fluctuations in the future market price paid for natural gas and the related volatility in cash flows. The Company continually evaluates the natural gas market and related price risk and periodically enters into commodity futures contracts in order to hedge a portion of its usage requirements. The majority of the sales volume in North America is tied to customer contracts that contain provisions that pass the price of natural gas to the customer. In certain of these contracts, the customer has the option of fixing the natural gas price component for a specified period of time. At December 31, 2013 and 2012, the Company had entered into commodity futures contracts covering approximately 5,400,000 MM BTUs and 7,000,000 MM BTUs, respectively, primarily related to customer requests to lock the price of natural gas.

The Company accounts for the above futures contracts as cash flow hedges at December 31, 2013 and recognizes them on the balance sheet at fair value. The effective portion of changes in the fair value of a derivative that is designated as, and meets the required criteria for, a cash flow hedge is recorded in the Accumulated Other Comprehensive Income component of share owners’ equity (“OCI”) and reclassified into earnings in the same period or periods during which the underlying hedged item affects earnings. An unrecognized gain of $1 million at December 31, 2013 and an unrecognized loss of $1 million at December 31, 2012 related to the commodity futures contracts were included in Accumulated OCI, and will be reclassified into earnings over the next twelve to twenty-four months. Any material portion of the change in the fair value of a derivative designated as a cash flow hedge that is deemed to be ineffective is recognized in current earnings. The ineffectiveness related to these natural gas hedges for the year ended December 31, 2013 and 2012 was not material.

The effect of the commodity futures contracts on the results of operations for the years ended December 31, 2013, 2012 and 2011 is as follows:

								Amount of Loss
Amount of Loss								Reclassified from
Recognized in OCI on								Accumulated OCI into Income
Commodity Futures Contracts								(reported in cost of goods sold)
(Effective Portion)								(Effective Portion)
2013		2012			2011			2013			2012			2011

$	1	$	(3	)	$	(10	)	$	(1	)	$	(8	)	$	(7	)

Senior Notes Designated as Net Investment Hedge

During December 2004, a U.S. subsidiary of the Company issued senior notes totaling €225 million. These notes were designated by the Company’s subsidiary as a hedge of a portion of its net investment in a non-U.S. subsidiary with a Euro functional currency. Because the amount of the senior notes matched the hedged portion of the net investment, there was no hedge ineffectiveness. Accordingly, the Company recorded the impact of changes in the foreign currency exchange rate on the Euro-denominated notes in OCI. The amount of loss recognized in OCI related to this net investment hedge for the year ended December 31, 2011 was $25 million. During the second quarter of 2011, the senior notes designated as the net investment hedge were redeemed by a subsidiary of the Company. The amount recorded in OCI related to this net investment hedge will be reclassified into earnings when the Company sells or liquidates its net investment in the non-U.S. subsidiary.

Forward Exchange Contracts not Designated as Hedging Instruments

The Company may enter into short-term forward exchange or option agreements to purchase foreign currencies at set rates in the future. These agreements are used to limit exposure to fluctuations in foreign currency exchange rates for significant planned purchases of fixed assets or commodities that are denominated in currencies other than the subsidiaries’ functional currency. The Company may also use forward exchange agreements to offset the foreign currency risk for receivables and payables, including intercompany receivables and payables, not denominated in, or indexed to, their functional currencies. The Company records these short-term forward exchange agreements on the balance sheet at fair value and changes in the fair value are recognized in current earnings.

At December 31, 2013 and 2012, the Company had outstanding forward exchange and option agreements denominated in various currencies covering the equivalent of approximately $550 million and $750 million, respectively, related primarily to intercompany transactions and loans.

The effect of the forward exchange contracts on the results of operations for the years ended December 31, 2013, 2012 and 2011 is as follows:

	Amount of Gain (Loss)
Location of Gain (Loss)	Recognized in Income on
Recognized in Income on	Forward Exchange Contracts
Forward Exchange Contracts	2013			2012		2011

Other expense	$	(28	)	$	6	$	(11	)

Balance Sheet Classification

The Company records the fair values of derivative financial instruments on the balance sheet as follows: (a) receivables if the instrument has a positive fair value and maturity within one year, (b) deposits, receivables, and other assets if the instrument has a positive fair value and maturity after one year, and (c) other accrued liabilities or other liabilities (current) if the instrument has a negative fair value and maturity within one year. The following table shows the amount and classification (as noted above) of the Company’s derivatives as of December 31, 2013 and 2012:

	Fair Value
	Balance Sheet Location	2013		2012
Asset Derivatives:
Derivatives designated as hedging instruments:
Commodity futures contracts	c	$	1	$	—

Derivatives not designated as hedging instruments:
Foreign exchange contracts	a	3		4

Total asset derivatives		$	4	$	4

Liability Derivatives:
Derivatives designated as hedging instruments:
Commodity futures contracts	c	$	—	$	1

Derivatives not designated as hedging instruments:
Foreign exchange contracts	c	7		9

Total liability derivatives		$	7	$	10

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

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+ Details

Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities

12 Months Ended

Dec. 31, 2013

Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities

Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities

9. Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities

The Company continually reviews its manufacturing footprint and operating cost structure and may decide to close operations or reduce headcount to gain efficiencies, integrate acquired operations and reduce future expenses. The Company incurs costs associated with these actions including employee severance and benefits, other exit costs such as those related to contract terminations, and asset impairment charges. The Company also may incur other costs related to closed facilities including environmental remediation, clean up, dismantling and preparation for sale or other disposition.

The Company accounts for restructuring and other costs under applicable provisions of generally accepted accounting principles. Charges for employee severance and related benefits are generally accrued based on contractual arrangements with employees or their representatives. Other exit costs are accrued based on the estimated cost to settle related contractual arrangements. Estimated environmental remediation costs are accrued when specific claims have been received or are probable of being received.

The Company’s decisions to curtail selected production capacity have resulted in write downs of certain long-lived assets to the extent their carrying amounts exceeded fair value or fair value less cost to sell. The Company classified the significant assumptions used to determine the fair value of the impaired assets as Level 3 in the fair value hierarchy as set forth in the general accounting principles for fair value measurements.

When a decision is made to take these actions, the Company manages and accounts for them programmatically apart from the on-going operations of the business. Information related to major programs (as in the case of the European Asset Optimization and Asia Pacific Restructuring programs below) are presented separately. Minor initiatives are presented on a combined basis as Other Restructuring Actions. When charges related to major programs are completed, remaining accrual balances are classified with Other Restructuring Actions.

European Asset Optimization

In 2011, the Company implemented the European Asset Optimization program to increase the efficiency and capability of its European operations and to better align its European manufacturing footprint with market and customer needs. This program involves making additional investments in certain facilities and addressing assets with higher cost structures. As part of this program, the Company recorded charges of $16 million in 2013, $86 million in 2012 and $24 million in 2011 for employee costs, asset impairments and environmental remediation related to decisions to close furnaces and manufacturing facilities in Europe. The Company expects to execute further actions under this program in phases over the next several years.

Asia Pacific Restructuring

In 2011, the Company implemented a restructuring plan in its Asia Pacific segment, primarily related to aligning its supply base with lower demand in the region. As part of this plan, the Company recorded charges of $49 million, $47 million and $46 million for the years ended 2013, 2012 and 2011, respectively, for employee costs and asset impairments related to furnace closures and additional restructuring activities.

Other Restructuring Actions

The Company took certain other restructuring actions and recorded charges in 2013 of $16 million for employee costs related to the closure of flat glass operations in South America, $13 million for employee costs related to global headcount reduction initiatives and $3 million for miscellaneous other costs. In 2012, the Company recorded charges of $13 million for employee costs and asset impairments related to a decision to close a machine manufacturing facility in the U.S., $7 million for employee costs and asset impairments related to a decision to close a mold shop in South America and $15 million for miscellaneous other costs. In 2011, the Company recorded charges of $13 million related to headcount reductions, primarily in Europe and South America, and $12 million for an asset impairment related to a previously closed facility in Europe.

The beginning accrual balance for other restructuring actions as of January 1, 2012 primarily relates to the Company’s strategic review of its global manufacturing footprint completed in 2010.

The following table presents information related to restructuring, asset impairment and other costs related to closed facilities:

	European Asset Optimization			Asia Pacific Restructuring			Other Restructuring Actions			Total Restructuring

Balance at January 1, 2012	12			17			74			103
2012 charges	86			47			35			168
Write-down of assets to net realizable value	(30		)	(22		)	(16		)	(68		)
Net cash paid, principally severance and related benefits	(16		)	(25		)	(25		)	(66		)
Pension charges transferred to other accounts				(11		)	(4		)	(15		)
Other, including foreign exchange translation	1									1
Balance at December 31, 2012	53			6			64			123
2013 charges	16			49			32			97
Write-down of assets to net realizable value	(3		)	(11		)	(2		)	(16		)
Net cash paid, principally severance and related benefits	(37		)	(16		)	(25		)	(78		)
Pension charges transferred to other accounts				(6		)				(6		)
Other, including foreign exchange translation	1			(2		)	(5		)	(6		)
Balance at December 31, 2013	$	30		$	20		$	64		$	114

The restructuring accrual balance represents the Company’s estimates of the remaining future cash amounts to be paid related to the actions noted above. As of December 31, 2013, the Company’s estimates include approximately $71 million for severance and related benefits costs, $27 million for environmental remediation costs, and $16 million for other exit costs. The 2012 charges include approximately $14 million related to environmental remediation costs at a closed facility in Europe.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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Pension Benefit Plans and Other Postretirement Benefits

12 Months Ended

Dec. 31, 2013

Pension Benefit Plans and Other Postretirement Benefits

Pension Benefit Plans and Other Postretirement Benefits

10. Pension Benefit Plans and Other Postretirement Benefits

Pension Benefit Plans

The Company has defined benefit pension plans covering a substantial number of employees located in the United States, the United Kingdom, the Netherlands, Canada and Australia, as well as many employees in Germany, France and Switzerland. Benefits generally are based on compensation for salaried employees and on length of service for hourly employees. The Company’s policy is to fund pension plans such that sufficient assets will be available to meet future benefit requirements. The Company’s defined benefit pension plans use a December 31 measurement date. The following tables relate to the Company’s principal defined benefit pension plans.

The changes in the pension benefit obligations for the year are as follows:

	U.S.						Non-U.S.
	2013			2012			2013			2012
Obligations at beginning of year	$	2,647		$	2,547		$	1,911		$	1,553

Change in benefit obligations:
Service cost	27			27			33			26
Interest cost	106			114			72			77
Actuarial (gain) loss, including the effect of change in discount rates	(234		)	170			(1		)	293
Curtailment and plan amendment							(52		)
Special termination	8
Participant contributions							7			7
Benefit payments	(279		)	(220		)	(101		)	(101		)
Other				9			(4		)
Foreign currency translation							1			56

Net change in benefit obligations	(372		)	100			(45		)	358

Obligations at end of year	$	2,275		$	2,647		$	1,866		$	1,911

The changes in the fair value of the pension plans’ assets for the year are as follows:

	U.S.						Non-U.S.
	2013			2012			2013			2012
Fair value at beginning of year	$	2,175		$	2,011		$	1,527		$	1,325

Change in fair value:
Actual gain (loss) on plan assets	365			275			61			118
Benefit payments	(279		)	(220		)	(101		)	(101		)
Employer contributions	12			109			92			110
Participant contributions							7			7
Foreign currency translation							(5		)	43
Other							(3		)	25

Net change in fair value of assets	98			164			51			202

Fair value at end of year	$	2,273		$	2,175		$	1,578		$	1,527

The employer contributions in the U.S. for 2013 include $8 million related to special termination benefits for a discontinued operation.

The funded status of the pension plans at year end is as follows:

	U.S.						Non-U.S.
	2013			2012			2013			2012

Plan assets at fair value	$	2,273		$	2,175		$	1,578		$	1,527
Projected benefit obligations	2,275			2,647			1,866			1,911

Plan assets less than projected benefit obligations	(2		)	(472		)	(288		)	(384		)

Items not yet recognized in pension expense:
Actuarial loss	935			1,461			488			534
Prior service cost (credit)	2			2			(25		)	(9		)
	937			1,463			463			525
Net amount recognized	$	935		$	991		$	175		$	141

The net amount recognized is included in the Consolidated Balance Sheets at December 31, 2013 and 2012 as follows:

	U.S.						Non-U.S.
	2013			2012			2013			2012

Pension assets	$	46		$	—		$	22		$	—
Current pension liability, included with Other accrued liabilities	(2		)	(3		)	(6		)	(7		)
Pension benefits	(46		)	(469		)	(304		)	(377		)
Accumulated other comprehensive loss	937			1,463			463			525

Net amount recognized	$	935		$	991		$	175		$	141

The following changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income at December 31, 2013 and 2012 as follows (amounts are pretax):

	U.S.						Non-U.S.
	2013			2012			2013			2012
Current year actuarial (gain) loss	$	(416	)	$	79		$	28		$	239
Amortization of actuarial loss	(110		)	(96		)	(28		)	(22		)
Amortization of prior service credit							1
Curtailment and plan amendment							(52		)
Settlement							(6		)	(11		)
	(526		)	(17		)	(57		)	206
Translation							(5		)	17
	$	(526	)	$	(17	)	$	(62	)	$	223

The accumulated benefit obligation for all defined benefit pension plans was $4,015 million and $4,298 million at December 31, 2013 and 2012, respectively.

The components of the net pension expense for the year are as follows:

	U.S.									Non-U.S.
	2013			2012			2011			2013			2012			2011
Service cost	$	27		$	27		$	25		$	33		$	26		$	24
Interest cost	106			114			125			72			77			83
Expected asset return	(183		)	(183		)	(186		)	(91		)	(87		)	(86		)
Amortization:
Actuarial loss	110			96			83			28			22			24
Prior service credit										(1		)				(1		)
Net amortization	110			96			83			27			22			23
Net expense	$	60		$	54		$	47		$	41		$	38		$	44

The U.S. pension expense excludes $8 million of special termination benefits that were recorded in discontinued operations in 2013. The U.S. pension expense excludes $4 million of special termination benefits that were recorded in restructuring expense in 2012. The non-U.S. pension expense excludes $6 million and $11 million of pension settlement costs that were recorded in restructuring expense in 2013 and 2012, respectively.

Amounts that are expected to be amortized from accumulated other comprehensive income into net pension expense during 2014:

	U.S.		Non-U.S.
Amortization:
Actuarial loss	$	74	$	22
Prior service cost			(3		)

Net amortization	$	74	$	19

The following information is for plans with projected and accumulated benefit obligations in excess of the fair value of plan assets at year end:

	Projected Benefit Obligation Exceeds								Accumulated Benefit Obligation Exceeds
	the Fair Value of Plan Assets								the Fair Value of Plan Assets
	U.S.				Non-U.S.				U.S.				Non-U.S.
	2013		2012		2013		2012		2013		2012		2013		2012

Projected benefit obligations	$	674	$	2,647	$	1,588	$	1,911	$	674	$	2,647	$	1,588	$	1,172
Accumulated benefit obligation	646		2,569		1,537		1,729		646		2,569		1,537		1,090
Fair value of plan assets	626		2,175		1,278		1,527		626		2,175		1,278		858

The weighted average assumptions used to determine benefit obligations are as follows:

	U.S.				Non-U.S.
	2013		2012		2013		2012
Discount rate	4.81	%	4.11	%	4.14	%	3.89	%
Rate of compensation increase	2.97	%	2.97	%	3.31	%	3.08	%

The weighted average assumptions used to determine net periodic pension costs are as follows:

	U.S.						Non-U.S.
	2013		2012		2011		2013		2012		2011

Discount rate	4.11	%	4.59	%	5.24	%	3.89	%	4.75	%	5.28	%
Rate of compensation increase	2.97	%	3.14	%	4.50	%	3.08	%	3.23	%	3.49	%
Expected long-term rate of return on assets	8.00	%	8.00	%	8.00	%	6.34	%	6.24	%	6.44	%

Future benefits are assumed to increase in a manner consistent with past experience of the plans, which, to the extent benefits are based on compensation, includes assumed salary increases as presented above. Amortization included in net pension expense is based on the average remaining service of employees.

For 2013, the Company’s weighted average expected long-term rate of return on assets was 8.00% for the U.S. plans and 6.34% for the non-U.S. plans. In developing this assumption, the Company evaluated input from its third party pension plan asset managers, including their review of asset class return expectations and long-term inflation assumptions. The Company also considered its historical 10-year average return (through December 31, 2012), which was in line with the expected long-term rate of return assumption for 2013.

It is the Company’s policy to invest pension plan assets in a diversified portfolio consisting of an array of asset classes within established target asset allocation ranges. The investment risk of the assets is limited by appropriate diversification both within and between asset classes. The assets for the U.S. plans are maintained in a group trust. The U.S. plans hold no individual assets other than the investment in the group trust. The assets of the group trust and the Company’s non-U.S. plans are primarily invested in a broad mix of domestic and international equities, domestic and international bonds, and real estate, subject to the target asset allocation ranges. The assets are managed with a view to ensuring that sufficient liquidity will be available to meet expected cash flow requirements.

The investment valuation policy of the Company is to value investments at fair value. All investments are valued at their respective net asset values. Equity securities for which market quotations are readily available are valued at the last reported sales price on their principal exchange on valuation date or official close for certain markets. Fixed income investments are valued by an independent pricing service. Investments in registered investment companies or collective pooled funds are valued at their respective net asset values. Short-term investments are stated at amortized cost, which approximates fair value. The fair value of real estate is determined by periodic appraisals.

The Company’s U.S. pension plan assets held in the group trust are classified as Level 2 assets in the fair value hierarchy. The total U.S. plan assets amounted to $2,273 million and $2,175 million as of December 31, 2013 and 2012, respectively, and consisted of approximately 72% equity securities and 28% debt securities. The following table sets forth by level, within the fair value hierarchy, the Company’s non-U.S. pension plan assets at fair value as of December 31, 2013 and 2012:

	2013						2012						Target
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3		Allocation

Cash and cash equivalents	$	39	$	6	$	—	$	36	$	20	$	—
Equity securities	387		210				367		173				45-55%
Debt securities	752		116		2		714		113		3		40-50%
Real estate					6						15		0-10%
Other	13		47				18		68				0-10%
Total assets at fair value	$	1,191	$	379	$	8	$	1,135	$	374	$	18

The following is a reconciliation of the Company’s pension plan assets recorded at fair value using significant unobservable inputs (Level 3):

	2013			2012
Beginning balance	$	18		$	16
Net increase (decrease)	(10		)	2
Ending balance	$	8		$	18

The net increase (decrease) in the fair value of the Company’s Level 3 pension plan assets is primarily due to purchases and sales of unlisted real estate funds. The change in the fair value of Level 3 pension plan assets due to actual return on those assets was immaterial in 2013.

In order to maintain minimum funding requirements, the Company is required to make contributions to its defined benefit pension plans of approximately $30 million in 2014.

The following estimated future benefit payments, which reflect expected future service, as appropriate, are expected to be paid in the years indicated:

Year(s)	U.S.		Non-U.S.

2014	$	181	$	82
2015	172		85
2016	174		86
2017	167		87
2018	164		90
2019 - 2023	794		487

The Company also sponsors several defined contribution plans for all salaried and hourly U.S. employees. Participation is voluntary and participants’ contributions are based on their compensation. The Company matches contributions of participants, up to various limits, in substantially all plans. Company contributions to these plans amounted to $8 million in 2013, $7 million in 2012, and $8 million in 2011.

Postretirement Benefits Other Than Pensions

The Company provides certain retiree health care and life insurance benefits covering substantially all U.S. salaried and certain hourly employees, and substantially all employees in Canada. Employees are generally eligible for benefits upon retirement and completion of a specified number of years of creditable service. The Company uses a December 31 measurement date to measure its postretirement benefit obligations.

The changes in the postretirement benefit obligations for the year are as follows:

	U.S.						Non-U.S.
	2013			2012			2013			2012

Obligations at beginning of year	$	181		$	194		$	102		$	95
Change in benefit obligations:
Service cost	1			1			1			1
Interest cost	5			8			4			4
Actuarial (gain) loss, including the effect of changing discount rates	1			(6		)	(7		)	3
Benefit payments	(15		)	(16		)	(4		)	(3		)
Curtailment	(62		)
Foreign currency translation							(6		)	2
Net change in benefit obligations	(70		)	(13		)	(12		)	7
Obligations at end of year	$	111		$	181		$	90		$	102

The funded status of the postretirement benefit plans at year end is as follows:

	U.S.						Non-U.S.
	2013			2012			2013			2012
Postretirement benefit obligations	$	(111	)	$	(181	)	$	(90	)	$	(102	)

Items not yet recognized in net postretirement benefit cost:
Actuarial loss	30			36			(2		)	5
Prior service credit	(54		)	(8		)
	(24		)	28			(2		)	5
Net amount recognized	$	(135	)	$	(153	)	$	(92	)	$	(97	)

The net amount recognized is included in the Consolidated Balance Sheets at December 31, 2013 and 2012 as follows:

	U.S.						Non-U.S.
	2013			2012			2013			2012
Current nonpension postretirement benefit, included with Other accrued liabilities	$	(10	)	$	(15	)	$	(4	)	$	(4	)
Nonpension postretirement benefits	(101		)	(166		)	(86		)	(98		)
Accumulated other comprehensive loss	(24		)	28			(2		)	5
Net amount recognized	$	(135	)	$	(153	)	$	(92	)	$	(97	)

The following changes in benefit obligations were recognized in accumulated other comprehensive income at December 31, 2013 and 2012 as follows (amounts are pretax):

	U.S.						Non-U.S.
	2013			2012			2013			2012
Current year actuarial (gain) loss	$	1		$	(6	)	$	(7	)	$	3
Curtailment	(57		)
Amortization of actuarial loss	(3		)	(5		)
Amortization of prior service credit	7			3
Other adjustments				(2		)
	$	(52	)	$	(10	)	$	(7	)	$	3

The components of the net postretirement benefit cost for the year are as follows:

	U.S.									Non-U.S.
	2013			2012			2011			2013		2012		2011
Service cost	$	1		$	1		$	1		$	1	$	1	$	1
Interest cost	5			8			10			4		4		4
Curtailment gain	(5		)
Amortization:
Actuarial loss	3			5			5
Prior service credit	(7		)	(3		)	(3		)
Net amortization	(4		)	2			2			—		—		—
Net postretirement benefit cost	$	(3	)	$	11		$	13		$	5	$	5	$	5

Amounts that are expected to be amortized from accumulated other comprehensive income into net postretirement benefit cost during 2014:

	U.S.			Non-U.S.
Amortization:
Actuarial loss	$	2		$	—
Prior service credit	(8		)
Net amortization	$	(6	)	$	—

The weighted average discount rates used to determine the accumulated postretirement benefit obligation and net postretirement benefit cost are as follows:

	U.S.						Non-U.S.
	2013		2012		2011		2013		2012		2011
Accumulated post retirement benefit obligation	4.63	%	4.04	%	4.47	%	4.47	%	3.89	%	4.13	%
Net postretirement benefit cost	4.04	%	4.47	%	5.09	%	3.89	%	4.13	%	5.02	%

The weighted average assumed health care cost trend rates at December 31 are as follows:

	U.S.				Non-U.S.
	2013		2012		2013		2012
Health care cost trend rate assumed for next year	7.00	%	8.00	%	5.00	%	6.00	%
Rate to which the cost trend rate is assumed to decline (ultimate trend rate)	5.00	%	5.00	%	5.00	%	5.00	%
Year that the rate reaches the ultimate trend rate	2024		2019		2014		2014

Assumed health care cost trend rates affect the amounts reported for the postretirement benefit plans. A one-percentage-point change in assumed health care cost trend rates would have the following effects:

	U.S.					Non-U.S.
	1-Percentage-Point					1-Percentage-Point
	Increase		Decrease			Increase		Decrease

Effect on total of service and interest cost	$	—	$	—		$	1	$	(1	)
Effect on accumulated postretirement benefit obligations	4		(4		)	15		(12		)

Amortization included in net postretirement benefit cost is based on the average remaining service of employees.

The following estimated future benefit payments, which reflect expected future service, as appropriate, are expected to be paid in the years indicated:

Year(s)	U.S.		Non-U.S.

2014	$	10	$	4
2015	10		4
2016	10		4
2017	9		5
2018	9		5
2019 - 2023	39		25

Benefits provided by the Company for certain hourly retirees are determined by collective bargaining. Most other domestic hourly retirees receive health and life insurance benefits from a multi-employer trust established by collective bargaining. Payments to the trust as required by the bargaining agreements are based upon specified amounts per hour worked and were $6 million in each of the years 2013, 2012 and 2011. Postretirement health and life benefits for retirees of foreign subsidiaries are generally provided through the national health care programs of the countries in which the subsidiaries are located.

Income Taxes

12 Months Ended

Dec. 31, 2013

Income Taxes

Income Taxes

11. Income Taxes

The provision for income taxes was calculated based on the following components of earnings (loss) before income taxes:

Continuing operations	2013		2012		2011
U.S.	$	231	$	187	$	188
Non-U.S.	249		296		(419		)
	$	480	$	483	$	(231	)

Discontinued operations	2013			2012			2011
U.S.	$	(8	)	$	—		$	—
Non-U.S.	(10		)	(5		)	(2		)
	$	(18	)	$	(5	)	$	(2	)

The provision (benefit) for income taxes consists of the following:

	2013			2012			2011

Current:
U.S.	$	7		$	(4	)	$	(12	)
Non-U.S.	116			117			139
	123			113			127

Deferred:
U.S.				8			11
Non-U.S.	(3		)	(13		)	(53		)
	(3		)	(5		)	(42		)

Total:
U.S.	7			4			(1		)
Non-U.S.	113			104			86
Total for continuing operations	120			108			85
Total for discontinued operations				(3		)	(3		)
	$	120		$	105		$	82

A reconciliation of the provision for income taxes based on the statutory U.S. Federal tax rate of 35% to the provision for income taxes is as follows:

	2013			2012			2011
Tax provision on pretax earnings (loss) from continuing operations at statutory U.S. Federal tax rate	$	168		$	169		$	(81	)

Increase (decrease) in provision for income taxes due to:

Differences in income taxes on foreign earnings, losses and remittances	(29		)	(5		)	(13		)
Goodwill impairment							224
U.S. tax consolidation benefit	(51		)	(54		)	(58		)
Changes in valuation allowance	37			(7		)	15
Tax audits and settlements	1			(1		)	3
Other items	(6		)	6			(5		)
Provision for income taxes	$	120		$	108		$	85

Deferred income taxes reflect: (1) the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes; and (2) carryovers and credits for income tax purposes.

Significant components of the Company’s deferred tax assets and liabilities at December 31, 2013 and 2012 are as follows:

	2013			2012

Deferred tax assets:
Accrued postretirement benefits	$	60		$	89
Foreign tax credit	356			354
Operating and capital loss carryovers	489			486
Other credit carryovers	46			46
Accrued liabilities	89			95
Pension liability	47			237
Other	73			97

Total deferred tax assets	1,160			1,404

Deferred tax liabilities:
Property, plant, and equipment	126			120
Exchangeable notes	10			19
Intangibles	27			13
Other	59			83

Total deferred tax liabilities	222			235
Valuation allowance	(833		)	(1,010		)

Net deferred taxes	$	105		$	159

Deferred taxes are included in the Consolidated Balance Sheets at December 31, 2013 and 2012 as follows:

	2013			2012
Prepaid expenses	$	64		$	62
Other assets	237			284
U.S. and foreign income taxes				(5		)
Deferred taxes	(196		)	(182		)
Net deferred taxes	$	105		$	159

The Company reviews the likelihood that it will realize the benefit of its deferred tax assets and therefore the need for valuation allowances on a quarterly basis, or whenever events indicate that a review is required. In determining the requirement for a valuation allowance, the historical and projected financial results of the legal entity or consolidated group recording the net deferred tax asset is considered, along with other positive and negative evidence.

At December 31, 2013, before valuation allowance, the Company had unused foreign tax credits of $356 million expiring in 2017 through 2022, research tax credit of $20 million expiring from 2014 to 2033, and alternative minimum tax credits of $26 million which do not expire and which will be available to offset future U.S. Federal income tax. Approximately $164 million of the deferred tax assets related to operating and capital loss carryforwards can be carried over indefinitely, with the remaining $325 million expiring between 2014 and 2031.

In certain foreign jurisdictions, the Company’s analysis indicates that it has cumulative losses in recent years. This is considered significant negative evidence which is objective and verifiable and, therefore, difficult to overcome. However, the cumulative loss position is not solely determinative and, accordingly, the Company considers all other available positive and negative evidence in its analysis. Based on its analysis, the Company has recorded a valuation allowance for the portion of deferred tax assets where based on the weight of available evidence it is unlikely to realize those deferred tax assets.

In the U.S., the Company has experienced cumulative losses in previous years and has recorded a valuation allowance against its deferred tax assets. As of December 31, 2013, however, the Company’s U.S. operations are in a three-year cumulative income position, but this is not solely determinative of the need for a valuation allowance. The Company considered this factor and all other available positive and negative evidence and concluded that it is still more likely than not that the net deferred tax assets in the U.S. will not be realized, and accordingly continued to record a valuation allowance. The evidence considered included the magnitude of the current three-year cumulative income compared to historical losses, expected impact of tax planning strategies, interest rates, and the overall business environment. The Company continues to evaluate its cumulative income position and income trend as well as its future projections of sustained profitability and whether this profitability trend constitutes sufficient positive evidence to support a reversal of the valuation allowance (in full or in part). The amount of the valuation allowance recorded in the U.S. as of December 31, 2013 is $680 million.

At December 31, 2013, the Company’s equity in the undistributed earnings of foreign subsidiaries for which income taxes had not been provided approximated $3.2 billion. The Company intends to reinvest these earnings indefinitely in the non-U.S. operations and has not distributed any of these earnings to the U.S. in 2013, 2012 or 2011. It is not practicable to estimate the U.S. and foreign tax which would be payable should these earnings be distributed. Deferred taxes are provided for earnings of non-U.S. jurisdictions when the Company plans to remit those earnings.

The Company has recognized tax benefits as a result of incentives in certain non-U.S. jurisdictions which expire between 2014 and 2016.

The Company records a liability for unrecognized tax benefits related to uncertain tax positions. The Company accrues interest and penalties associated with unrecognized tax benefits as a component of its income tax expense. The following is a reconciliation of the Company’s total gross unrecognized tax benefits for the years ended December 31, 2013, 2012 and 2011:

	2013			2012			2011
Balance at January 1	$	97		$	125		$	143
Additions and reductions for tax positions of prior years	(3		)	8			(15		)
Additions based on tax positions related to the current year	9			7			30
Reductions due to the lapse of the applicable statute of limitations	(2		)	(21		)	(8		)
Reductions due to settlements				(26		)	(18		)
Foreign currency translation	(1		)	4			(7		)
Balance at December 31	$	100		$	97		$	125

Unrecognized tax benefits, which if recognized, would impact the Company’s effective income tax rate	$	92		$	89		$	114

Accrued interest and penalties at December 31	$	35		$	33		$	49

Interest and penalties included in tax expense for the years ended December 31	$	1		$	(6	)	$	18

Based upon the outcome of tax examinations, judicial proceedings, or expiration of statute of limitations, it is reasonably possible that the ultimate resolution of these unrecognized tax benefits may result in a payment that is materially different from the current estimate of the tax liabilities. The Company believes that it is reasonably possible that the estimated liability could decrease up to $20 million within the next 12 months. This is primarily the result of audit settlements or statute expirations in several taxing jurisdictions.

The Company is currently under examination in various tax jurisdictions in which it operates, including Argentina, Australia, Ecuador, Germany, and Italy. The years under examination range from 2005 through 2012. The Company believes that there are no jurisdictions in which the outcome of unresolved issues or claims is likely to be material to the Company’s results of operations, financial position or cash flows. The Company further believes that adequate provisions for all income tax uncertainties have been made. During 2013, the Company concluded audits in several jurisdictions, including Czech Republic, France, New Zealand, Peru, Poland, Spain and the United Kingdom.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References+ Details

Debt

12 Months Ended

Dec. 31, 2013

Debt

Debt

12. Debt

The following table summarizes the long-term debt of the Company at December 31, 2013 and 2012:

	2013		2012
Secured Credit Agreement:
Revolving Credit Facility:
Revolving Loans	$	—	$	—
Term Loans:
Term Loan A			53
Term Loan B	405		525
Term Loan C (81 million CAD at December 31, 2013)	76		102
Term Loan D (€85 million at December 31, 2013)	117		163
Senior Notes:
3.00%, Exchangeable, due 2015	617		642
7.375%, due 2016	593		591
6.875%, due 2017 (€300 million)			396
6.75%, due 2020 (€500 million)	690		660
4.875%, due 2021 (€330 million)	455
Payable to OI Inc.	250		250
Other	58		95
Total long-term debt	3,261		3,477
Less amounts due within one year	16		23
Long-term debt	$	3,245	$	3,454

On May 19, 2011, the Company entered into the Secured Credit Agreement (the “Agreement”). At December 31, 2013, the Agreement included a $900 million revolving credit facility, a $405 million term loan, an 81 million Canadian dollar term loan, and a €85 million term loan, each of which has a final maturity date of May 19, 2016. During 2013, the Company repaid 51 million Australian dollars on Term Loan A, $120 million on Term Loan B, 20 million Canadian dollars on Term Loan C and €39 million on Term Loan D under the Agreement. At December 31, 2013, the Company had unused credit of $816 million available under the Agreement.

The Agreement contains various covenants that restrict, among other things and subject to certain exceptions, the ability of the Company to incur certain liens, make certain investments, become liable under contingent obligations in certain defined instances only, make restricted junior payments, make certain asset sales within guidelines and limits, make capital expenditures beyond a certain threshold, engage in material transactions with shareholders and affiliates, participate in sale and leaseback financing arrangements, alter its fundamental business, and amend certain outstanding debt obligations.

The Agreement also contains one financial maintenance covenant, a Leverage Ratio, that requires the Company not to exceed a ratio calculated by dividing consolidated total debt, less cash and cash equivalents, by Consolidated Adjusted EBITDA, as defined in the Agreement. The Leverage Ratio could restrict the ability of the Company to undertake additional financing or acquisitions to the extent that such financing or acquisitions would cause the Leverage Ratio to exceed the specified maximum.

Failure to comply with these covenants and restrictions could result in an event of default under the Agreement. In such an event, the Company could not request borrowings under the revolving facility, and all amounts outstanding under the Agreement, together with accrued interest, could then be declared immediately due and payable. If an event of default occurs under the Agreement and the lenders cause all of the outstanding debt obligations under the Agreement to become due and payable, this would result in a default under a number of other outstanding debt securities and could lead to an acceleration of obligations related to these debt securities. A default or event of default under the Agreement, indentures or agreements governing other indebtedness could also lead to an acceleration of debt under other debt instruments that contain cross acceleration or cross-default provisions.

The Leverage Ratio also determines pricing under the Agreement. The interest rate on borrowings under the Agreement is, at the Company’s option, the Base Rate or the Eurocurrency Rate, as defined in the Agreement. These rates include a margin linked to the Leverage Ratio. The margins range from 1.25% to 2.00% for Eurocurrency Rate loans and from 0.25% to 1.00% for Base Rate loans. In addition, a facility fee is payable on the revolving credit facility commitments ranging from 0.25% to 0.50% per annum linked to the Leverage Ratio. The weighted average interest rate on borrowings outstanding under the Agreement at December 31, 2013 was 2.12%. As of December 31, 2013, the Company was in compliance with all covenants and restrictions in the Agreement. In addition, the Company believes that it will remain in compliance and that its ability to borrow funds under the Agreement will not be adversely affected by the covenants and restrictions.

Borrowings under the Agreement are secured by substantially all of the assets, excluding real estate, of the Company’s domestic subsidiaries and certain foreign subsidiaries. Borrowings are also secured by a pledge of intercompany debt and equity in most of the Company’s domestic subsidiaries and stock of certain foreign subsidiaries. All borrowings under the agreement are guaranteed by substantially all domestic subsidiaries of the Company for the term of the Agreement.

During March 2013, the Company issued senior notes with a face value of €330 million due March 31, 2021. The notes bear interest at 4.875% and are guaranteed by substantially all of the Company’s domestic subsidiaries. The net proceeds, after deducting debt issuance costs, totaled approximately $418 million.

During March 2013, the Company discharged, in accordance with the indenture, all €300 million of the 6.875% senior notes due 2017. The Company recorded $11 million of additional interest charges for note repurchase premiums and the related write-off of unamortized finance fees.

During May 2010, a subsidiary of the Company issued exchangeable senior notes with a face value of $690 million due June 1, 2015 (“2015 Exchangeable Notes”). The 2015 Exchangeable Notes bear interest at 3.00% and are guaranteed by substantially all of the Company’s domestic subsidiaries.

Upon exchange of the 2015 Exchangeable Notes, under the terms outlined below, the issuer of the 2015 Exchangeable Notes is required to settle the principal amount in cash and OI Inc. is required to settle the exchange premium in shares of OI Inc.’s common stock. The exchange premium is calculated as the value of OI Inc.’s common stock in excess of the initial exchange price of approximately $47.47 per share, which is equivalent to an exchange rate of 21.0642 per $1,000 principal amount of the 2015 Exchangeable Notes. The exchange rate may be adjusted upon the occurrence of certain events, such as certain distributions, dividends or issuances of cash, stock, options, warrants or other property or effecting a share split, or a significant change in the ownership or structure of the Company or OI Inc., such as a recapitalization or reclassification of OI Inc.’s common stock, a merger or consolidation involving the Company or the sale or conveyance to another person of all or substantially all of the property and assets of the Company and its subsidiaries substantially as an entirety.

Prior to March 1, 2015, the 2015 Exchangeable Notes may be exchanged only if (1) the price of OI Inc.’s common stock exceeds $61.71 (130% of the exchange price) for a specified period of time, (2) the trading price of the 2015 Exchangeable Notes falls below 98% of the average exchange value of the 2015 Exchangeable Notes for a specified period of time (trading price was 139% of exchange value at December 31, 2013), or (3) upon the occurrence of specified corporate transactions. The 2015 Exchangeable Notes may be exchanged without restrictions on or after March 1, 2015. As of December 31, 2013, the 2015 Exchangeable Notes are not exchangeable by the holders.

For accounting purposes, the 2015 Exchangeable Notes are considered to be non-exchangeable since OI Inc. is directly responsible for settling the exchange premium, if any. The issuer’s obligation with respect to the instrument is limited to only the payment of interest and principal. The value of OI Inc.’s obligation to holders of the 2015 Exchangeable Notes was computed using the Company’s non-exchangeable debt borrowing rate at the date of issuance of 6.15% and was accounted for as a debt discount and a corresponding capital contribution.

During 2013, the Company repurchased $46 million of the 2015 Exchangeable Notes. The amount by which the cash paid exceeded the fair value of the notes repurchased was recorded as a reduction to share owners’ equity. The Company recorded $3 million of additional interest charges for the loss on debt extinguishment and the related write-off of unamortized finance fees.

The carrying values of the liability and equity components at December 31, 2013 and 2012 are as follows:

	2013		2012
Principal amount of exchangeable notes	$	644	$	690
Unamortized discount on exchangeable notes	27		48
Net carrying amount of liability component	$	617	$	642

Carrying amount of equity component	$	92	$	93

The debt discount is being amortized over the life of the 2015 Exchangeable Notes. The amount of interest expense recognized on the 2015 Exchangeable Notes for the years ended December 31, 2013 and 2012 is as follows:

	2013		2012
Contractual coupon interest	$	20	$	21
Amortization of discount on exchangeable notes	18		18
Total interest expense	$	38	$	39

During 2011, the Company recorded additional interest charges of $25 million for note repurchase premiums and the related write-off of unamortized finance fees related to debt that was repaid prior to maturity.

The Company has a €215 million European accounts receivable securitization program, which extends through September 2016, subject to periodic renewal of backup credit lines. Information related to the Company’s accounts receivable securitization program as of December 31, 2013 and 2012 is as follows:

	2013			2012

Balance (included in short-term loans)	$	276		$	264

Weighted average interest rate	1.41		%	1.33		%

As of December 31, 2013, the Company has capital lease obligations of $37 million included in other in the long-term debt table above.

Annual maturities for all of the Company’s long-term debt through 2018 are as follows: 2014, $16 million; 2015, $984 million; 2016, $877 million; 2017, $4 million; and 2018, $255 million.

Fair values at December 31, 2013, of the Company’s significant fixed rate debt obligations are as follows:

	Principal Amount		Indicated Market Price	Fair Value
Senior Notes:
3.00%, Exchangeable, due 2015	$	644	104.71	$	674
7.375%, due 2016	600		112.76	677
6.75%, due 2020 (€500 million)	690		116.50	804
4.875%, due 2021 (€330 million)	455		105.04	478

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details

Contingencies

12 Months Ended

Dec. 31, 2013

Contingencies

Contingencies

13. Contingencies

Asbestos

OI Inc. is a defendant in numerous lawsuits alleging bodily injury and death as a result of exposure to asbestos dust. From 1948 to 1958, one of OI Inc.’s former business units commercially produced and sold approximately $40 million of a high-temperature, calcium-silicate based pipe and block insulation material containing asbestos. OI Inc. exited the pipe and block insulation business in April 1958. The typical asbestos personal injury lawsuit alleges various theories of liability, including negligence, gross negligence and strict liability and seeks compensatory and in some cases, punitive damages in various amounts (herein referred to as “asbestos claims”).

The following table shows the approximate number of plaintiffs and claimants who had asbestos claims pending against OI Inc. at the beginning of each listed year, the number of claims disposed of during that year, the year’s filings and the claims pending at the end of each listed year (eliminating duplicate filings):

	2013	2012	2011

Pending at beginning of year	2,600	4,600	5,900
Disposed	1,700	4,400	4,500
Filed	1,700	2,400	3,200

Pending at end of year	2,600	2,600	4,600

Based on an analysis of the lawsuits pending as of December 31, 2013, approximately 80% of plaintiffs either do not specify the monetary damages sought, or in the case of court filings, claim an amount sufficient to invoke the jurisdictional minimum of the trial court. Approximately 16% of plaintiffs specifically plead damages above the jurisdictional minimum up to, and including, $15 million or less, and 3% of plaintiffs specifically plead damages greater than $15 million but less than $100 million. Fewer than 1% of plaintiffs specifically plead damages equal to or greater than $100 million.

As indicated by the foregoing summary, current pleading practice permits considerable variation in the assertion of monetary damages. OI Inc.’s experience resolving hundreds of thousands of asbestos claims and lawsuits over an extended period demonstrates that the monetary relief that may be alleged in a complaint bears little relevance to a claim’s merits or disposition value. Rather, the amount potentially recoverable is determined by such factors as the severity of the plaintiff’s asbestos disease, the product identification evidence against OI Inc. and other defendants, the defenses available to OI Inc. and other defendants, the specific jurisdiction in which the claim is made, and the plaintiff’s medical history and exposure to other disease-causing agents.

In addition to the pending claims set forth above, OI Inc. has claims-handling agreements in place with many plaintiffs’ counsel throughout the country. These agreements require evaluation and negotiation regarding whether particular claimants qualify under the criteria established by such agreements. The criteria for such claims include verification of a compensable illness and a reasonable probability of exposure to a product manufactured by OI Inc.’s former business unit during its manufacturing period ending in 1958.

OI Inc. has also been a defendant in other asbestos-related lawsuits or claims involving maritime workers, medical monitoring claimants, co-defendants and property damage claimants. Based upon its past experience, OI Inc. believes that these categories of lawsuits and claims will not involve any material liability and they are not included in the above description of pending matters or in the following description of disposed matters.

Since receiving its first asbestos claim, OI Inc. as of December 31, 2013, has disposed of the asbestos claims of approximately 393,000 plaintiffs and claimants at an average indemnity payment per claim of approximately $8,600. Certain of these dispositions have included deferred amounts payable over a number of years. Deferred amounts payable totaled approximately $12 million at December 31, 2013 ($24 million at December 31, 2012) and are included in the foregoing average indemnity payment per claim. OI Inc.’s asbestos indemnity payments have varied on a per claim basis, and are expected to continue to vary considerably over time. As discussed above, a part of OI Inc.’s objective is to achieve, where possible, resolution of asbestos claims pursuant to claims-handling agreements. Failure of claimants to meet certain medical and product exposure criteria in OI Inc.’s administrative claims handling agreements has generally reduced the number of marginal or suspect claims that would otherwise have been received. In addition, certain courts and legislatures have reduced or eliminated the number of marginal or suspect claims that OI Inc. otherwise would have received. These developments generally have had the effect of increasing OI Inc.’s per-claim average indemnity payment over time.

OI Inc. believes that its ultimate asbestos-related liability (i.e., its indemnity payments or other claim disposition costs plus related legal fees) cannot reasonably be estimated. Beginning with the initial liability of $975 million established in 1993, OI Inc. has accrued a total of approximately $4.3 billion through 2013, before insurance recoveries, for its asbestos-related liability. OI Inc.’s ability to reasonably estimate its liability has been significantly affected by, among other factors, the volatility of asbestos-related litigation in the United States, the significant number of co-defendants that have filed for bankruptcy, the magnitude and timing of co-defendant bankruptcy trust payments, the inherent uncertainty of future disease incidence and claiming patterns against OI Inc., and the success of efforts by co-defendants to restrict or eliminate their liability in the litigation.

OI Inc. has continued to monitor trends that may affect its ultimate liability and has continued to analyze the developments and variables affecting or likely to affect the resolution of pending and future asbestos claims against OI Inc. The material components of OI Inc.’s accrued liability are based on amounts determined by OI Inc. in connection with its annual comprehensive review and consist of the following estimates, to the extent it is probable that such liabilities have been incurred and can be reasonably estimated: (i) the liability for asbestos claims already asserted against OI Inc.; (ii) the liability for asbestos claims not yet asserted against OI Inc., but which OI Inc. believes will be asserted in the next several years; and (iii) the legal defense costs likely to be incurred in connection with the foregoing types of claims.

The significant assumptions underlying the material components of OI Inc.’s accrual are:

(a) the extent to which settlements are limited to claimants who were exposed to OI Inc.’s asbestos-containing insulation prior to its exit from that business in 1958;

b) the extent to which claims are resolved under OI Inc.’s administrative claims agreements or on terms comparable to those set forth in those agreements;

c) the extent of decrease or increase in the incidence of serious disease cases and claiming patterns for such cases;

d) the extent to which OI Inc. is able to defend itself successfully at trial or on appeal;

e) the number and timing of additional co-defendant bankruptcies; and

f) the extent to which co-defendants with substantial resources and assets continue to participate significantly in the resolution of future asbestos lawsuits and claims.

As noted above, OI Inc. conducts a comprehensive review of its asbestos-related liabilities and costs annually in connection with finalizing and reporting its annual results of operations, unless significant changes in trends or new developments warrant an earlier review. If the results of an annual comprehensive review indicate that the existing amount of the accrued liability is insufficient to cover its estimated future asbestos-related costs, then OI Inc. will record an appropriate charge to increase the accrued liability. OI Inc. believes that a reasonable estimation of the probable amount of the liability for claims not yet asserted against OI Inc. is not possible beyond a period of several years. Therefore, while the results of future annual comprehensive reviews cannot be determined, OI Inc. expects the addition of one year to the estimation period will result in an annual charge.

OI Inc.’s reported results of operations for 2013 were materially affected by the $145 million fourth quarter charge for asbestos-related costs and asbestos-related payments continue to be substantial. Any future additional charge would likewise materially affect OI Inc.’s results of operations for the period in which it is recorded. Also, the continued use of significant amounts of cash for asbestos-related costs has affected and may continue to affect the Company’s and OI Inc.’s cost of borrowing and its ability to pursue global or domestic acquisitions. However, the Company believes that its operating cash flows and other sources of liquidity will be sufficient to fund OI Inc.’s asbestos-related costs and to fund the Company’s working capital and capital expenditure requirements on a short-term and long-term basis.

Other Matters

The Company conducted an internal investigation into conduct in certain of its overseas operations that may have violated the anti-bribery provisions of the United States Foreign Corrupt Practices Act (the “FCPA”), the FCPA’s books and records and internal controls provisions, the Company’s own internal policies, and various local laws. In October 2012, the Company voluntarily disclosed these matters to the U.S. Department of Justice (the “DOJ”) and the Securities and Exchange Commission (the “SEC”).

On July 18, 2013, the Company received a letter from the DOJ indicating that it presently did not intend to take any enforcement action and is closing its inquiry into the matter.

The Company is presently unable to predict the duration, scope or result of an investigation by the SEC, if any, or whether the SEC will commence any legal action. The SEC has a broad range of civil sanctions under the FCPA and other laws and regulations including, but not limited to, injunctive relief, disgorgement, penalties, and modifications to business practices. The Company could also be subject to investigation and sanctions outside the United States. While the Company is currently unable to quantify the impact of any potential sanctions or remedial measures, it does not expect such actions will have a material adverse effect on the Company’s liquidity, results of operations or financial condition.

The Company received a non-income tax assessment from a foreign tax authority for approximately $90 million (including penalties and interest). The Company challenged this assessment, but the tax authority’s position was upheld in court. The Company strongly disagrees with this ruling and believes it to be contradictory to other court rulings in the Company’s favor. Although the Company cannot predict the ultimate outcome of this case, it believes that it is probable that the tax authority’s assessment will be overturned by a higher court, and therefore, the Company has not established an accrual. In order to contest the lower court rulings, legal rules require the Company to deposit the amount of the tax assessment, which will be remitted in monthly installments over the next twenty-four months. A favorable ruling by the higher court will result in a return to the Company of amounts paid. An unfavorable ruling will result in the forfeiture of the deposit, a charge of approximately $60 million and a non-income tax refund of $30 million. As of December 31, 2013, the Company has made installment payments totaling $43 million, which is included in Other assets on the balance sheet.

Other litigation is pending against the Company, in many cases involving ordinary and routine claims incidental to the business of the Company and in others presenting allegations that are non-routine and involve compensatory, punitive or treble damage claims as well as other types of relief. The Company records a liability for such matters when it is both probable that the liability has been incurred and the amount of the liability can be reasonably estimated. Recorded amounts are reviewed and adjusted to reflect changes in the factors upon which the estimates are based, including additional information, negotiations, settlements and other events.

- Definition

The entire disclosure for commitments and contingencies.

+ References+ Details

Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2013

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

14. Accumulated Other Comprehensive Income (Loss)

The components of comprehensive income are: (a) net earnings; (b) change in fair value of certain derivative instruments; (c) pension and other postretirement benefit adjustments; and (d) foreign currency translation adjustments. The net effect of exchange rate fluctuations generally reflects changes in the relative strength of the U.S. dollar against major foreign currencies between the beginning and end of the year.

The following table lists the beginning balance, annual activity and ending balance of each component of accumulated other comprehensive income (loss):

	Net Effect of Exchange Rate Fluctuations			Change in Certain Derivative Instruments			Employee Benefit Plans			Total Accumulated Other Comprehensive Loss

Balance on January 1, 2013	$	455		$	(7	)	$	(1,913	)	$	(1,465	)
Change before reclassifications	(226		)	1			503			278
Amounts reclassified from accumulated other comprehensive income				1		(a)	139		(b)	140
Tax effect							(33		)	(33		)

Other comprehensive income attributable to the Company	(226		)	2			609			385
Balance on December 31, 2013	$	229		$	(5	)	$	(1,304	)	$	(1,080	)

(a) Amount is included in Cost of goods sold on the Consolidated Results of Operations (see Note 8 for additional information).

(b) Amount is included in the computation of net periodic pension cost and net postretirement benefit cost (see Note 10 for additional information).

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

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-Topic 505

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-Glossary Reclassification Adjustments

-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Stock Options and Other Stock Based Compensation

12 Months Ended

Dec. 31, 2013

Stock Options and Other Stock Based Compensation

Stock Options and Other Stock Based Compensation

15. Stock Options and Other Stock Based Compensation

The Company participates in OI Inc.’s nonqualified plans under which OI Inc. has granted stock options, restricted shares and performance vested restricted share units. At December 31, 2013, there were 4,644,000 shares available for grants under these plans. Total compensation cost for all grants of shares and units under these plans was $11 million, $11 million and $1 million for the years ended December 31, 2013, 2012 and 2011, respectively. The expense in 2011 was decreased as a result of adjustments made to performance vested restricted share units due to actual and expected attainment of performance goals.

Stock Options

Options granted prior to March 22, 2005, all of which are exercisable, expire following termination of employment or the day after the tenth anniversary date of the option grant.

For options granted after March 21, 2005, no options may be exercised in whole or in part during the first year after the date granted. In general, subject to change in control, these options become exercisable 25% per year beginning on the first anniversary. In general, options expire following termination of employment or the seventh anniversary of the option grant. The fair value of options is amortized over the vesting periods which range from one to four years.

Stock option information at December 31, 2013 and for the year then ended is as follows:

					Weighted
			Weighted		Average
			Average		Remaining
	Number of		Exercise		Contractual	Aggregate
	Shares		Price		Term	Intrinsic
	(thousands)		(per share)		(years)	Value
Options outstanding at January 1, 2013	3,735		$	22.65
Granted	354		26.10
Exercised	(1,414	)	17.52
Forfeited or expired	(254	)	28.90
Options outstanding at December 31, 2013	2,421		25.50		3.4	$	30
Options vested or expected to vest at December 31, 2013	2,354		$	25.48	3.4	$	29
Options exercisable at December 31, 2013	1,538		$	25.04	2.4	$	21

Certain additional information related to stock options is as follows for the periods indicated:

	2013		2012		2011
Weighted average grant-date fair value of options granted (per share)	$	12.39	$	10.63	$	13.70
Aggregate intrinsic value of options exercised	$	16	$	3	$	4
Aggregate cash received from options exercised	$	24	$	4	$	5

The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model using the following weighted average assumptions:

	2013		2012		2011

Expected life of options (years)	5.00		4.75		4.75
Expected stock price volatility	55.3	%	56.6	%	53.2	%
Risk-free interest rate	0.9	%	0.8	%	1.7	%
Expected dividend yield	0.0	%	0.0	%	0.0	%

The expected life of options is determined from historical exercise and termination data. The expected stock price volatility is determined by reference to historical prices over a period equal to the expected life.

Restricted Shares and Restricted Share Units

Shares granted to employees prior to March 22, 2005, generally vest after three years or upon retirement, whichever is later. Shares granted after March 21, 2005 and prior to 2011, vest 25% per year beginning on the first anniversary and unvested shares are forfeited upon termination of employment. Restricted share units granted to employees after 2010 vest 25% per year beginning on the first anniversary. Holders of vested restricted share units receive one share of OI Inc.’s common stock for each unit. Granted but unvested restricted share units are forfeited upon termination, unless certain retirement criteria are met. Restricted share units granted to directors vest after one year.

The fair value of the restricted shares and restricted share units is equal to the market price of OI Inc.’s common stock on the date of the grant. The fair value of restricted shares granted before March 22, 2005, is amortized ratably over the vesting period. The fair value of restricted shares and restricted share units granted after March 21, 2005, is amortized over the vesting periods which range from one to four years.

The activity of restricted shares and restricted share units is as follows:

			Weighted
	Number of		Average
	Restricted		Grant-Date
	Shares		Fair Value
	(thousands)		(per share)

Nonvested at January 1, 2013	465		$	22.34
Granted	198		26.49
Vested	(176	)	21.99
Forfeited	(30	)	24.34
Nonvested at December 31, 2013	457		24.14
Awards granted during 2012			$	22.39
Awards granted during 2011			$	29.99

	2013		2012		2011
Total fair value of shares vested	$	5	$	5	$	4

Performance Vested Restricted Share Units

Performance vested restricted share units vest on January 1 of the third year following the year in which they are granted. Holders of vested units may receive up to 2 shares of OI Inc.’s common stock for each unit, depending upon the attainment of consolidated performance goals established by the Compensation Committee of OI Inc.’s Board of Directors. If minimum goals are not met, no shares will be issued. Granted but unvested restricted share units are forfeited upon termination of employment, unless certain retirement criteria are met.

The fair value of each performance vested restricted share unit is equal to the product of the fair value of OI Inc.’s common stock on the date of grant and the estimated number of shares into which the performance vested restricted share unit will be converted. The fair value of performance vested restricted share units is amortized ratably over the vesting period. Should the estimated number of shares into which the performance vested restricted share unit will be converted change, an adjustment will be recorded to recognize the accumulated difference in amortization between the revised and previous estimates.

Performance vested restricted share unit activity is as follows:

	Number of Performance Vested Restricted Shares Units (thousands)		Weighted Average Grant-Date Fair Value (per unit)

Nonvested at January 1, 2013	813		$	26.78
Granted	336		26.10
Vested	(110	)	31.12
Forfeited/Cancelled	(157	)	29.55
Nonvested at December 31, 2013	882		25.49
Awards granted during 2012			$	22.50
Awards granted during 2011			$	29.70

110,000 shares were issued in 2013 with a fair value at issuance date of $3 million related to performance vested restricted share units.

As of December 31, 2013, there was $16 million of total unrecognized compensation cost related to all unvested stock options, restricted shares, restricted share units and performance vested restricted share units. That cost is expected to be recognized over a weighted average period of approximately two years.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References+ Details

Other Expense	12 Months Ended
Other Expense	Dec. 31, 2013
Other Expense
Other Expense	16. Other Expense Other expense for the year ended December 31, 2013 included the following: · The Company recorded charges totaling $97 million for restructuring, asset impairment and related charges. See Note 9 for additional information. · The Company recorded charges totaling $22 million for asset impairment related to the Company’s operations in Argentina, due primarily to macroeconomic issues in that country. The Company wrote down the value of these assets to the extent their carrying amounts exceeded fair value. The fair value of the assets was computed based on estimated future cash flows. The Company classified the significant assumptions used to determine the fair value of the impaired assets, which was not material, as Level 3 in the fair value hierarchy. · Aggregate foreign currency exchange losses included in other expense were $9 million in 2013. Other expense for the year ended December 31, 2012 included the following: · The Company recorded charges totaling $168 million for restructuring, asset impairment and related charges. See Note 9 for additional information. · During the fourth quarter of 2012, the Company recorded a gain of $61 million related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government. · Aggregate foreign currency exchange losses included in other expense were $8 million in 2012. Other expense for the year ended December 31, 2011 included the following: · The Company recorded charges totaling $95 million for restructuring, asset impairment and related charges. See Note 9 for additional information. · The Company recorded charges totaling $17 million for asset impairment, primarily due to the write down of asset values related to a 2010 acquisition in China as a result of integration challenges. The Company wrote down the value of these assets to the extent their carrying amounts exceeded fair value. The Company classified the significant assumptions used to determine the fair value of the impaired assets, which was not material, as Level 3 in the fair value hierarchy. · The Company recorded a goodwill impairment charge of $641 million related to its Asia Pacific segment. See Note 6 for additional information. · Aggregate foreign currency exchange losses included in other expense were $6 million in 2011.

Operating Leases	12 Months Ended
Operating Leases	Dec. 31, 2013
Operating Leases
Operating Leases	17. Operating Leases Rent expense attributable to all warehouse, office buildings and equipment operating leases was $57 million in 2013, $76 million in 2012, and $89 million in 2011. Minimum future rentals under operating leases are as follows: 2014, $50 million; 2015, $36 million; 2016, $30 million; 2017, $26 million; 2018, $21 million; and 2019 and thereafter, $48 million.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References+ Details

Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2013

Supplemental Cash Flow Information

Supplemental Cash Flow Information

18. Supplemental Cash Flow Information

Changes in the components of working capital related to operations (net of the effects related to acquisitions and divestitures) were as follows:

	2013			2012			2011
Decrease (increase) in current assets:
Receivables	$	18		$	213		$	(131	)
Inventories	(30		)	(74		)	(102		)
Prepaid expenses and other	3			19			1
Increase (decrease) in current liabilities:
Accounts payable	128			(53		)	145
Accrued liabilities	7			(47		)	(13		)
Salaries and wages	(2		)	29			(3		)
U.S. and foreign income taxes				(6		)	(14		)
	$	124		$	81		$	(117	)

Interest paid in cash, including note repurchase premiums, aggregated $205 million for 2013, $234 million for 2012, and $274 million for 2011.

Income taxes paid in cash were as follows:

	2013		2012		2011
U.S.	$	—	$	—	$	1
Non-U.S.	128		132		111
Total income taxes paid in cash	$	128	$	132	$	112

Business Combinations	12 Months Ended
Business Combinations	Dec. 31, 2013
Business Combinations
Business Combinations	19. Business Combinations On August 1, 2011, the Company completed the acquisition of Verrerie du Languedoc SAS, a single-furnace glass container plant in Vergeze, France. The Vergeze plant is located near the Nestle Waters’ Perrier bottling facility and has a long-standing supply relationship with Nestle Waters. On May 31, 2011, the Company acquired the noncontrolling interest in its southern Brazil operations for approximately $140 million. The acquisitions, individually and in the aggregate, did not meet the thresholds for a significant acquisition and therefore no pro forma financial information is presented.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

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+ Details

Discontinued Operations	12 Months Ended
Discontinued Operations	Dec. 31, 2013
Discontinued Operations
Discontinued Operations	20. Discontinued Operations On October 26, 2010, the Venezuelan government, through Presidential Decree No. 7.751, expropriated the assets of Owens-Illinois de Venezuela and Fabrica de Vidrios Los Andes, C.A., two of the Company’s subsidiaries in that country, which in effect constituted a taking of the going concerns of those companies. Shortly after the issuance of the decree, the Venezuelan government installed temporary administrative boards to control the expropriated assets. Since the issuance of the decree, the Company has cooperated with the Venezuelan government, as it is compelled to do under Venezuelan law, to provide for an orderly transition while ensuring the safety and well-being of the employees and the integrity of the production facilities. The Company has been engaged in negotiations with the Venezuelan government in relation to certain aspects of the expropriation, including the compensation payable by the government as a result of its expropriation. On September 26, 2011, the Company, having been unable to reach an agreement with the Venezuelan government regarding fair compensation, commenced an arbitration against Venezuela through the World Bank’s International Centre for Settlement of Investment Disputes. The Company is unable at this stage to predict the amount, or timing of receipt, of compensation it will ultimately receive, and will record any such compensation as a gain from discontinued operations when received. The loss from discontinued operations of $18 million for the year ended December 31, 2013 includes $8 million of special termination benefits related to a previously disposed business and $10 million for ongoing costs related to the Venezuela expropriation.

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

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+ Details

Financial Information for Subsidiary Guarantors and Non-Guarantors

12 Months Ended

Dec. 31, 2013

Financial Information for Subsidiary Guarantors and Non-Guarantors

Financial Information for Subsidiary Guarantors and Non-Guarantors

21. Financial Information for Subsidiary Guarantors and Non-Guarantors

The following presents condensed consolidating financial information for the Company, segregating: (1) Owens-Illinois Group, Inc. (the “Parent”); (2) Owens-Brockway Glass Container Inc. (the “Issuer”); (3) those domestic subsidiaries that guarantee the Senior Notes (3.00% Exchangeable Senior Notes due 2015, and 7.375% Senior Notes due 2016) of the Issuer (the “Guarantor Subsidiaries”); and (4) all other subsidiaries (the “Non-Guarantor Subsidiaries”). The Guarantor Subsidiaries are 100% owned direct and indirect subsidiaries of the Parent and their guarantees are full, unconditional and joint and several. The Parent is also a guarantor, and its guarantee is full, unconditional and joint and several.

Subsidiaries of the Parent and of the Issuer are presented on the equity basis of accounting. Certain reclassifications have been made to conform all of the financial information to the financial presentation on a consolidated basis. The principal eliminations relate to investments in subsidiaries and intercompany balances and transactions.

	December 31, 2013
							Non-
					Guarantor		Guarantor
Balance Sheet	Parent		Issuer		Subsidiaries		Subsidiaries		Eliminations			Consolidated

Current assets:
Accounts receivable	$	—	$	68	$	—	$	875	$	—		$	943
Inventories			203				914					1,117
Other current assets			20		35		435					490

Total current assets	—		291		35		2,224		—			2,550

Investments in and advances to subsidiaries	2,154		2,656		161				(4,971		)	—

Goodwill			574		8		1,477					2,059

Other non-current assets			121		131		926					1,178

Total other assets	2,154		3,351		300		2,403		(4,971		)	3,237

Property, plant and equipment, net			651		38		1,943					2,632

Total assets	$	2,154	$	4,293	$	373	$	6,570	$	(4,971	)	$	8,419

Current liabilities :
Accounts payable and accrued liabilities	$	—	$	293	$	67	$	1,422	$	—		$	1,782
Short-term loans and long-term debt due within one year							322					322

Total current liabilities	—		293		67		1,744		—			2,104

Long-term debt	250		1,617		12		1,366					3,245
Other non-current liabilities			68		136		815					1,019
Investments by and advances from parent			2,315		158		2,498		(4,971		)	—
Total share owner’s equity of the Company	1,904											1,904
Noncontrolling interests							147					147

Total liabilities and share owners’ equity	$	2,154	$	4,293	$	373	$	6,570	$	(4,971	)	$	8,419

	December 31, 2012
								Non-
					Guarantor			Guarantor
Balance Sheet	Parent		Issuer		Subsidiaries			Subsidiaries		Eliminations			Consolidated

Current assets:
Accounts receivable	$	—	$	66	$	(15	)	$	917	$	—		$	968
Inventories			212					927					1,139
Other current assets			9		18			514					541

Total current assets	—		287		3			2,358		—			2,648

Investments in and advances to subsidiaries	1,592		2,836		(178		)			(4,250		)	—

Goodwill			555		8			1,516					2,079

Other non-current assets			127		87			888					1,102

Total other assets	1,592		3,518		(83		)	2,404		(4,250		)	3,181

Property, plant and equipment, net			626		42			2,101					2,769

Total assets	$	1,592	$	4,431	$	(38	)	$	6,863	$	(4,250	)	$	8,598

Current liabilities :
Accounts payable and accrued liabilities	$	—	$	273	$	60		$	1,355	$	—		$	1,688
Short-term loans and long-term debt due within one year					1			318					319

Total current liabilities	—		273		61			1,673		—			2,007

Long-term debt	250		1,759		13			1,432					3,454
Other non-current liabilities			31		665			925					1,621
Investments by and advances from parent			2,368		(777		)	2,659		(4,250		)	—
Total share owner’s equity of the Company	1,342												1,342
Noncontrolling interests								174					174

Total liabilities and share owners’ equity	$	1,592	$	4,431	$	(38	)	$	6,863	$	(4,250	)	$	8,598

	Year ended December 31, 2013
										Non-
							Guarantor			Guarantor
Results of Operations	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Net sales	$	—		$	1,883		$	3		$	5,081		$	—		$	6,967
Cost of goods sold				(1,555		)	(18		)	(4,063		)				(5,636		)

Gross profit	—			328			(15		)	1,018			—			1,331

Research, engineering, selling, administrative and other				(112		)	(83		)	(533		)				(728		)
Net intercompany interest	20			(20		)										—
Other interest expense	(20		)	(107		)	(1		)	(111		)				(239		)
Interest income										10						10
Equity earnings from subsidiaries	337			154									(491		)	—
Other equity earnings				16						51						67
Other revenue (expense)				194			6			(161		)				39

Earnings (loss) from continuing operations before income taxes	337			453			(93		)	274			(491		)	480
Provision for income taxes				(7		)				(113		)				(120		)
Earnings (loss) from continuing operations	337			446			(93		)	161			(491		)	360
Loss from discontinued operations	(8		)							(10		)				(18		)

Net earnings (loss)	329			446			(93		)	151			(491		)	342
Net earnings attributable to noncontrolling interests										(13		)				(13		)

Net earnings (loss) attributable to the Company	$	329		$	446		$	(93	)	$	138		$	(491	)	$	329

	Year ended December 31, 2013
								Non-
					Guarantor			Guarantor
Comprehensive Income	Parent		Issuer		Subsidiaries			Subsidiaries			Eliminations			Consolidated

Net earnings (loss)	$	329	$	446	$	(93	)	$	151		$	(491	)	$	342
Other comprehensive income (loss)	385		2					(201		)	193			379
Total comprehensive income (loss)	714		448		(93		)	(50		)	(298		)	721
Comprehensive income attributable to noncontrolling interests								(7		)				(7		)
Comprehensive income (loss) attributable to the Company	$	714	$	448	$	(93	)	$	(57	)	$	(298	)	$	714

	Year ended December 31, 2012
										Non-
							Guarantor			Guarantor
Results of Operations	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Net sales	$	—		$	1,868		$	2		$	5,130		$	—		$	7,000
Cost of goods sold				(1,530		)	(13		)	(4,083		)				(5,626		)

Gross profit	—			338			(11		)	1,047			—			1,374

Research, engineering, selling, administrative and other				(165		)	(83		)	(504		)				(752		)
Net intercompany interest	20			(20		)										—
Other interest expense	(20		)	(107		)	(1		)	(120		)				(248		)
Interest income										9						9
Equity earnings from subsidiaries	339			193									(532		)	—
Other equity earnings				15						49						64
Other revenue				181			6			(151		)				36

Earnings (loss) from continuing operations before income taxes	339			435			(89		)	330			(532		)	483
Provision for income taxes				(10		)	5			(103		)				(108		)
Earnings (loss) from continuing operations	339			425			(84		)	227			(532		)	375
Loss from discontinued operations										(2		)				(2		)

Net earnings (loss)	339			425			(84		)	225			(532		)	373
Net earnings attributable to noncontrolling interests										(34		)				(34		)

Net earnings (loss) attributable to the Company	$	339		$	425		$	(84	)	$	191		$	(532	)	$	339

	Year ended December 31, 2012
									Non-
						Guarantor			Guarantor
Comprehensive Income	Parent			Issuer		Subsidiaries			Subsidiaries			Eliminations			Consolidated

Net earnings (loss)	$	339		$	425	$	(84	)	$	225		$	(532	)	$	373
Other comprehensive income (loss)	(185		)	5					(207		)	210			(177		)
Total comprehensive income (loss)	154			430		(84		)	18			(322		)	196
Comprehensive income attributable to noncontrolling interests									(42		)				(42		)
Comprehensive income (loss) attributable to the Company	$	154		$	430	$	(84	)	$	(24	)	$	(322	)	$	154

	Year ended December 31, 2011
										Non-
							Guarantor			Guarantor
Results of Operations	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Net sales	$	—		$	1,837		$	3		$	5,521		$	(3	)	$	7,358
Cost of goods sold				(1,549		)	(5		)	(4,419		)	4			(5,969		)

Gross profit	—			288			(2		)	1,102			1			1,389

Research, engineering, selling, administrative and other				(120		)	(77		)	(1,213		)				(1,410		)
Net intercompany interest	20			(20		)										—
Interest expense	(20		)	(145		)	(1		)	(148		)				(314		)
Interest income										11						11
Equity earnings from subsidiaries	(335		)	(474		)							809			—
Other equity earnings				9						57						66
Other revenue				216			1			(190		)	—			27

Earnings (loss) from continuing operations before income taxes	(335		)	(246		)	(79		)	(381		)	810			(231		)
Provision for income taxes				(1		)	2			(86		)				(85		)
Earnings (loss) from continuing operations	(335		)	(247		)	(77		)	(467		)	810			(316		)
Earnings (loss) from discontinued operations							3			(2		)				1

Net earnings (loss)	(335		)	(247		)	(74		)	(469		)	810			(315		)
Net earnings attributable to noncontrolling interests										(20		)				(20		)

Net earnings (loss) attributable to the Company	$	(335	)	$	(247	)	$	(74	)	$	(489	)	$	810		$	(335	)

	Year ended December 31, 2011
										Non-
							Guarantor			Guarantor
Comprehensive Income	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations		Consolidated

Net earnings (loss)	$	(335	)	$	(247	)	$	(74	)	$	(469	)	$	810	$	(315	)
Other comprehensive income	(415		)	(28		)				(136		)	164		(415		)
Total comprehensive income	(750		)	(275		)	(74		)	(605		)	974		(730		)
Comprehensive income attributable to noncontrolling interests										(20		)			(20		)
Comprehensive income (loss) attributable to the Company	$	(750	)	$	(275	)	$	(74	)	$	(625	)	$	974	$	(750	)

	Year ended December 31, 2013
										Non-
							Guarantor			Guarantor
Cash Flows	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Cash provided by (used in) continuing operating activities	$	8		$	375		$	(43	)	$	520		$	(2	)	$	858
Cash used in discontinued operating activities	(8		)							(10		)				(18		)
Investing Activities:
Additions to property, plant and equipment				(111		)	(1		)	(249		)				(361		)
Acquisition, net of cash acquired				(4		)										(4		)
Proceeds from sales and other										11						11
Net payments to fund minority partner loan										(16		)				(16		)
Deconsolidation of subsidiary										(32		)				(32		)
Cash used in investing activities	(8		)	(115		)	(1		)	(286		)	—			(402		)
Financing Activities:
Net distribution to OI Inc.	(167		)													(167		)
Change in intercompany transactions	167			(93		)	74			(150		)	2			—
Change in short term debt										8						8
Payments of long term debt				(384		)	(13		)	(643		)				(1,040		)
Borrowings of long term debt				217						551						768
Net payments for hedging activity and other										(24		)				(24		)
Contribution from noncontrolling interests										5						5
Noncontrolling dividends										(22		)				(22		)
Payment of finance fees										(7		)				(7		)

Cash provided by (used in) financing activities	—			(260		)	61			(282		)	2			(479		)
Effect of exchange rate change on cash										(7		)				(7		)

Net change in cash	—			—			17			(65		)	—			(48		)
Cash at beginning of period							10			421						431

Cash at end of period	$	—		$	—		$	27		$	356		$	—		$	383

	Year ended December 31, 2012
										Non-
							Guarantor			Guarantor
Cash Flows	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Cash provided by (used in) continuing operating activities	$	—		$	148		$	(8	)	$	649		$	(44	)	$	745
Cash used in discontinued operating activities										(5		)				(5		)
Investing Activities:
Additions to property, plant and equipment				(73		)	(1		)	(216		)				(290		)
Acquisition, net of cash acquired										(5		)				(5		)
Proceeds from sales and other				2						93						95
Net payments to fund minority partner loan										(21		)				(21		)

Cash used in investing activities	—			(71		)	(1		)	(149		)	—			(221		)
Financing Activities:
Net distribution to OI Inc.	(188		)													(188		)
Change in intercompany transactions	188			(2		)	(1		)	(229		)	44			—
Change in short term debt										(38		)				(38		)
Payments of long term debt				(185		)	(1		)	(216		)				(402		)
Borrowings of long term debt				110						9						119
Net receipts for hedging activity										27						27
Contribution from noncontrolling interests										3						3
Noncontrolling dividends										(24		)				(24		)
Payment of finance fees										(1		)				(1		)

Cash provided by (used in) financing activities	—			(77		)	(2		)	(469		)	44			(504		)
Effect of exchange rate change on cash										16						16

Net change in cash	—			—			(11		)	42			—			31
Cash at beginning of period							21			379						400

Cash at end of period	$	—		$	—		$	10		$	421		$	—		$	431

	Year ended December 31, 2011
										Non-
							Guarantor			Guarantor
Cash Flows	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Cash provided by (used in) continuing operating activities	$	—		$	289		$	(4	)	$	319		$	71		$	675
Cash used in discontinued operating activities										(2		)				(2		)
Investing Activities:
Additions to property, plant and equipment				(38		)	(5		)	(242		)				(285		)
Acquisition, net of cash acquired				(8		)				(136		)				(144		)
Proceeds from sales and other										3						3

Cash used in investing activities	—			(46		)	(5		)	(375		)	—			(426		)
Financing Activities:
Net distribution to OI Inc.	(165		)													(165		)
Change in intercompany transactions	165			86			(199		)	17			(69		)	—
Change in short term debt										80						80
Payments of long term debt				(1,262		)	(1		)	(534		)				(1,797		)
Borrowings of long term debt				933						534			(2		)	1,465
Net payments for hedging activity										(22		)				(22		)
Noncontrolling dividends										(35		)				(35		)
Payment of finance fees										(19		)				(19		)

Cash provided by (used in) financing activities	—			(243		)	(200		)	21			(71		)	(493		)
Effect of exchange rate change on cash										6						6

Net change in cash	—			—			(209		)	(31		)	—			(240		)
Cash at beginning of period							230			410						640

Cash at end of period	$	—		$	—		$	21		$	379		$	—		$	400

Selected Quarterly Financial Data (unaudited) The following tables present selected financial data by quarter for the years ended December 31, 2013 and 2012:

	2013
	First			Second			Third			Fourth			Total
	Quarter			Quarter			Quarter			Quarter			Year
Net sales	$	1,641		$	1,781		$	1,784		$	1,761		$	6,967

Gross profit	$	319		$	369		$	352		$	291		$	1,331

Earnings (loss) from continuing operations attributable to the Company (a)	$	79		$	135		$	132		$	1		$	347
Earnings (loss) from discontinued operations attributable to the Company	(10		)	(3		)	(2		)	(3		)	(18		)
Net earnings (loss) attributable to the Company	$	69		$	132		$	130		$	(2	)	$	329

(a) Amounts management considers not representative of ongoing operations include:

Amount for the first quarter included charges totaling $21 million ($20 million after tax amount attributable to the Company) for the following: (1) $11 million (pretax and after tax) for note repurchase premiums and the write-off of finance fees related to debt that was repaid prior to its maturity; and (2) $10 million ($9 million after tax amount attributable to the Company) for restructuring, asset impairment and related charges.

Amount for the fourth quarter included net charges totaling $109 million ($84 million after tax amount attributable to the Company) for restructuring, asset impairment and related charges.

	2012
	First			Second			Third			Fourth			Total
	Quarter			Quarter			Quarter			Quarter			Year
Net sales	$	1,739		$	1,766		$	1,747		$	1,748		$	7,000

Gross profit	$	378		$	376		$	342		$	278		$	1,374

Earnings (loss) from continuing operations attributable to the Company (b)	$	122		$	134		$	92		$	(7	)	$	341
Earnings (loss) from discontinued operations attributable to the Company	(1		)	(1		)	(2		)	2			(2		)
Net earnings (loss) attributable to the Company	$	121		$	133		$	90		$	(5	)	$	339

(b) Amounts management considers not representative of ongoing operations include:

Amount for the third quarter included charges of $33 million ($23 million after tax amount attributable to the Company) for restructuring, asset impairment and related charges.

Amount for the fourth quarter included net charges totaling $74 million ($88 million after tax amount attributable to the Company) for the following: (1) $135 million ($121 million after tax amount attributable to the Company) for restructuring, asset impairment and related charges; and (2) a gain of $61 million ($33 million after tax amount attributable to the Company) related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government.

Amount for the fourth quarter included a tax benefit of $14 million for certain tax adjustments.

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)

12 Months Ended

Dec. 31, 2013

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)

Years ended December 31, 2013, 2012, and 2011

(Millions of Dollars)

Reserves deducted from assets in the balance sheets:

Allowances for losses and discounts on receivables

			Additions
	Balance at		Charged to								Balance
	beginning		costs and					Deductions			at end of
	of period		expenses		Other			(Note 1)			period

2013	$	41	$	11	$	(5	)	$	(8	)	$	39

2012	$	38	$	17	$	(5	)	$	(9	)	$	41

2011	$	40	$	8	$	(6	)	$	(4	)	$	38

(1) Deductions from allowances for losses and discounts on receivables represent uncollectible notes and accounts written off.

Valuation allowance on net deferred tax assets

	Balance at beginning of period		Charged to income			Charged to other comprehensive income			Foreign currency translation			Other		Balance at end of period

2013	$	1,010	$	(14	)	$	(187	)	$	(7	)	$	31	$	833

2012	$	1,012	$	(61	)	$	(10	)	$	3		$	66	$	1,010

2011	$	910	$	(43	)	$	89		$	(1	)	$	57	$	1,012

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Dec. 31, 2013
Significant Accounting Policies
Basis of Consolidated Statements	Basis of Consolidated Statements The consolidated financial statements of Owens-Illinois Group, Inc. (the “Company”) include the accounts of its subsidiaries. Newly acquired subsidiaries have been included in the consolidated financial statements from dates of acquisition. The Company uses the equity method of accounting for investments in which it has a significant ownership interest, generally 20% to 50%. Other investments are accounted for at cost. The Company monitors other than temporary declines in fair value and records reductions in carrying values when appropriate.
Relationship with Owens-Illinois, Inc.	Relationship with Owens-Illinois, Inc. The Company is a 100%-owned subsidiary of Owens-Illinois, Inc. (“OI Inc.”). Although OI Inc. does not conduct any operations, it has substantial obligations related to outstanding indebtedness and asbestos-related payments. OI Inc. relies primarily on distributions from its direct and indirect subsidiaries to meet these obligations. For federal and certain state income tax purposes, the taxable income of the Company is included in the consolidated tax returns of OI Inc. and income taxes are allocated to the Company on a basis consistent with separate returns.
Nature of Operations	Nature of Operations The Company is a leading manufacturer of glass container products. The Company’s principal product lines are glass containers for the food and beverage industries. The Company has glass container operations located in 21 countries. The principal markets and operations for the Company’s products are in Europe, North America, South America and Asia Pacific.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management of the Company to make estimates and assumptions that affect certain amounts reported in the financial statements and accompanying notes. Actual results may differ from those estimates, at which time the Company would revise its estimates accordingly.
Foreign Currency Translation	Foreign Currency Translation The assets and liabilities of non-U.S. subsidiaries are translated into U.S. dollars at year-end exchange rates. Any related translation adjustments are recorded in accumulated other comprehensive income in share owners’ equity.
Revenue Recognition	Revenue Recognition The Company recognizes sales, net of estimated discounts and allowances, when the title to the products and risk of loss are transferred to customers. Provisions for rebates to customers are provided in the same period that the related sales are recorded.
Shipping and Handling Costs	Shipping and Handling Costs Shipping and handling costs are included with cost of goods sold in the Consolidated Results of Operations.
Stock-Based Compensation	Stock-Based Compensation The Company participates in OI Inc.’s stock-based compensation plans consisting of stock option grants and restricted share awards. Costs resulting from all share-based compensation plans are required to be recognized in the financial statements. A public entity is required to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. That cost is recognized over the required service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the required service.
Cash	Cash The Company defines “cash” as cash and time deposits with maturities of three months or less when purchased. Outstanding checks in excess of funds on deposit are included in accounts payable.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable Receivables are stated at amounts estimated by management to be the net realizable value. The Company charges off accounts receivable when it becomes apparent based upon age or customer circumstances that amounts will not be collected. Allowance for Doubtful Accounts The allowance for doubtful accounts is established through charges to the provision for bad debts. The Company evaluates the adequacy of the allowance for doubtful accounts on a periodic basis. The evaluation includes historical trends in collections and write-offs, management’s judgment of the probability of collecting accounts and management’s evaluation of business risk.
Inventory Valuation	Inventory Valuation Inventories are valued at the lower of average costs or market.
Goodwill	Goodwill Goodwill represents the excess of cost over fair value of net assets of businesses acquired. Goodwill is evaluated annually, as of October 1, for impairment or more frequently if an impairment indicator exists.
Intangible Assets and Other Long-Lived Assets	Intangible Assets and Other Long-Lived Assets Intangible assets are amortized over the expected useful life of the asset. Amortization expense directly attributed to the manufacturing of the Company’s products is included in cost of goods sold. Amortization expense related to non-manufacturing activities is included in selling and administrative and other. The Company evaluates the recoverability of intangible assets and other long-lived assets based on undiscounted projected cash flows, excluding interest and taxes, when factors indicate that impairment may exist. If impairment exists, the asset is written down to fair value.
Property, Plant, and Equipment	Property, Plant and Equipment Property, plant and equipment (“PP&E”) is carried at cost and includes expenditures for new facilities and equipment and those costs which substantially increase the useful lives or capacity of existing PP&E. In general, depreciation is computed using the straight-line method and recorded over the estimated useful life of the asset. Factory machinery and equipment is depreciated over periods ranging from 5 to 25 years with the majority of such assets (principally glass-melting furnaces and forming machines) depreciated over 7 to 15 years. Buildings and building equipment are depreciated over periods ranging from 10 to 50 years. Depreciation expense directly attributed to the manufacturing of the Company’s products is included in cost of goods sold. Depreciation expense related to non-manufacturing activities is included in selling and administrative. Depreciation expense includes the amortization of assets recorded under capital leases. Maintenance and repairs are expensed as incurred. Costs assigned to PP&E of acquired businesses are based on estimated fair values at the date of acquisition. The Company evaluates the recoverability of PP&E based on undiscounted projected cash flows, excluding interest and taxes, when factors indicate that impairment may exist. If impairment exists, the asset is written down to fair value.
Derivative Instruments	Derivative Instruments The Company uses forward exchange contracts, options and commodity futures contracts to manage risks generally associated with foreign exchange rate and commodity market volatility. Derivative financial instruments are included on the balance sheet at fair value. When appropriate, derivative instruments are designated as and are effective as hedges, in accordance with accounting principles generally accepted in the United States. If the underlying hedged transaction ceases to exist, all changes in fair value of the related derivatives that have not been settled are recognized in current earnings. The Company does not enter into derivative financial instruments for trading purposes and is not a party to leveraged derivatives. Cash flows from short-term forward exchange contracts not designated as hedges are classified as a financing activity. Cash flows of commodity futures contracts are classified as operating activities.
Fair Value Measurements	Fair Value Measurements Fair value is defined as the amount that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. Generally accepted accounting principles defines a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices in active markets; Level 2: Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs for which there is little or no market data, which requires the Company to develop assumptions. The carrying amounts reported for cash and short-term loans approximate fair value. In addition, carrying amounts approximate fair value for certain long-term debt obligations subject to frequently redetermined interest rates. Fair values for the Company’s significant fixed rate debt obligations are generally based on published market quotations. The Company’s derivative assets and liabilities consist of natural gas forwards and foreign exchange option and forward contracts. The Company uses an income approach to valuing these contracts. Natural gas forward rates and foreign exchange rates are the significant inputs into the valuation models. These inputs are observable in active markets over the terms of the instruments the Company holds, and accordingly, the Company classifies its derivative assets and liabilities as Level 2 in the hierarchy. The Company also evaluates counterparty risk in determining fair values.
Reclassifications	Reclassifications Certain reclassifications of prior years’ data have been made to conform to the current year presentation.
New Accounting Standards	New Accounting Standards In July 2013, the Financial Accounting Standards Board issued guidance related to the presentation of unrecognized tax benefits when net operating loss carryforwards or tax credit carryforwards exist. This new guidance is effective for fiscal years, and interim periods, beginning after December 31, 2013. The Company elected to adopt this standard effective December 31, 2013. The adoption of this standard impacted how the Company presents certain of its unrecognized tax benefits on its balance sheet, with no impact to the results of operations or cash flows.

Segment Information (Tables)

12 Months Ended

Dec. 31, 2013

Segment Information

Net sales for the Company's reportable segments

	2013		2012		2011
Net sales:
Europe	$	2,787	$	2,717	$	3,052
North America	2,002		1,966		1,929
South America	1,186		1,252		1,226
Asia Pacific	966		1,028		1,059

Reportable segment totals	6,941		6,963		7,266
Other	26		37		92
Net sales	$	6,967	$	7,000	$	7,358

Segment operating profit (loss) for the Company's reportable segments

	2013			2012			2011
Segment operating profit:
Europe	$	305		$	307		$	345
North America	307			288			222
South America	204			227			250
Asia Pacific	131			113			83
Reportable segment totals	947			935			900

Items excluded from segment operating profit:
Retained corporate costs and other	(119		)	(106		)	(75		)
Restructuring, asset impairment and related charges	(119		)	(168		)	(112		)
Charge for goodwill impairment							(641		)
Gain on China land compensation				61
Interest income	10			9			11
Interest expense	(239		)	(248		)	(314		)
Earnings (loss) from continuing operations before income taxes	$	480		$	483		$	(231	)

Assets, equity investments, equity earnings, capital expenditures and depreciation and amortization expense for the Company's reportable segments

									Reportable		Retained
			North		South		Asia		Segment		Corp Costs		Consolidated
	Europe		America		America		Pacific		Totals		and Other		Totals
Total assets:
2013	$	3,509	$	1,995	$	1,467	$	1,150	$	8,121	$	298	$	8,419
2012	3,362		1,994		1,655		1,349		8,360		238		8,598
2011	3,588		2,020		1,682		1,379		8,669		306		8,975
Equity investments:
2013	$	84	$	25	$	—	$	155	$	264	$	51	$	315
2012	63		25				165		253		41		294
2011	59		27				181		267		48		315
Equity earnings:
2013	$	17	$	16	$	—	$	10	$	43	$	24	$	67
2012	15		16				5		36		28		64
2011	21		9				3		33		33		66
Capital expenditures:
2013	$	130	$	100	$	80	$	36	$	346	$	15	$	361
2012	87		68		75		49		279		11		290
2011	127		60		50		37		274		11		285
Depreciation and amortization expense:
2013	$	139	$	110	$	72	$	62	$	383	$	14	$	397
2012	150		107		70		70		397		15		412
2011	164		96		73		80		413		9		422

Schedule of segment information by geographic segment

The Company’s net property, plant and equipment by geographic segment are as follows:

	U.S.		Non-U.S.		Total
2013	$	686	$	1,946	$	2,632
2012	663		2,106		2,769
2011	667		2,210		2,877

The Company’s net sales by geographic segment are as follows:

	U.S.		Non-U.S.		Total
2013	$	1,809	$	5,158	$	6,967
2012	1,780		5,220		7,000
2011	1,776		5,582		7,358

Receivables (Tables)

12 Months Ended

Dec. 31, 2013

Receivables

Schedule of receivables

	2013		2012
Trade accounts receivable	$	757	$	827
Less: allowances for doubtful accounts and discounts	39		41
Net trade receivables	718		786
Other receivables	225		182
	$	943	$	968

Inventories (Tables)

12 Months Ended

Dec. 31, 2013

Inventories

Major classes of inventory

	2013		2012
Finished goods	$	958	$	957
Raw materials	113		137
Operating supplies	46		45
	$	1,117	$	1,139

Equity Investments (Tables)

12 Months Ended

Dec. 31, 2013

Equity Investments

Equity in earnings

	2013		2012		2011
For the year:
Equity in earnings:
Non-U.S.	$	27	$	20	$	24
U.S.	40		44		42
Total	$	67	$	64	$	66

Dividends received	$	67	$	50	$	50

Summary of balance sheet information of equity investments

	2013		2012
At end of year:
Current assets	$	419	$	327
Non-current assets	528		496
Total assets	947		823
Current liabilities	224		195
Other liabilities and deferred items	193		158
Total liabilities and deferred items	417		353
Net assets	$	530	$	470

Summary of income statement information of equity investments

	2013		2012		2011
For the year:
Net sales	$	699	$	658	$	689

Gross profit	$	185	$	191	$	215

Net earnings	$	149	$	143	$	174

Goodwill (Tables)

12 Months Ended

Dec. 31, 2013

Goodwill

Schedule of changes in the carrying amount of goodwill

				North			South			Asia
	Europe			America			America			Pacific			Other		Total
Balance as of January 1, 2011	$	1,009		$	743		$	387		$	677		$	5	$	2,821
Acquisitions	8														8
Impairment charge										(641		)			(641		)
Translation effects	(34		)	(3		)	(33		)	(36		)			(106		)
Balance as of December 31, 2011	983			740			354			—			5		2,082
Translation effects	23			3			(29		)						(3		)
Balance as of December 31, 2012	1,006			743			325			—			5		2,079
Translation effects	38			(9		)	(49		)						(20		)
Balance as of December 31, 2013	$	1,044		$	734		$	276		$	—		$	5	$	2,059

Other Assets (Tables)

12 Months Ended

Dec. 31, 2013

Other Assets

Schedule of other assets

	2013		2012

Deferred tax assets	$	237	$	284
Capitalized software	114		115
Deferred returnable packaging costs	124		96
Non-income tax receivable	70		20
Deferred finance fees	33		40
Intangibles	23		29
Other	78		91
	$	679	$	675

Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2013

Derivative Instruments

Effect of commodity futures contracts designated as cash flow hedges on the results of operations

								Amount of Loss
Amount of Loss								Reclassified from
Recognized in OCI on								Accumulated OCI into Income
Commodity Futures Contracts								(reported in cost of goods sold)
(Effective Portion)								(Effective Portion)
2013		2012			2011			2013			2012			2011

$	1	$	(3	)	$	(10	)	$	(1	)	$	(8	)	$	(7	)

Effect of the forward exchange contracts not designated as hedging instruments on the results of operations

	Amount of Gain (Loss)
Location of Gain (Loss)	Recognized in Income on
Recognized in Income on	Forward Exchange Contracts
Forward Exchange Contracts	2013			2012		2011

Other expense	$	(28	)	$	6	$	(11	)

Balance Sheet Classification of derivative instruments

	Fair Value
	Balance Sheet Location	2013		2012
Asset Derivatives:
Derivatives designated as hedging instruments:
Commodity futures contracts	c	$	1	$	—

Derivatives not designated as hedging instruments:
Foreign exchange contracts	a	3		4

Total asset derivatives		$	4	$	4

Liability Derivatives:
Derivatives designated as hedging instruments:
Commodity futures contracts	c	$	—	$	1

Derivatives not designated as hedging instruments:
Foreign exchange contracts	c	7		9

Total liability derivatives		$	7	$	10

Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities (Tables)

12 Months Ended

Dec. 31, 2013

Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities

Selected information related to the restructuring accruals

	European Asset Optimization			Asia Pacific Restructuring			Other Restructuring Actions			Total Restructuring

Balance at January 1, 2012	12			17			74			103
2012 charges	86			47			35			168
Write-down of assets to net realizable value	(30		)	(22		)	(16		)	(68		)
Net cash paid, principally severance and related benefits	(16		)	(25		)	(25		)	(66		)
Pension charges transferred to other accounts				(11		)	(4		)	(15		)
Other, including foreign exchange translation	1									1
Balance at December 31, 2012	53			6			64			123
2013 charges	16			49			32			97
Write-down of assets to net realizable value	(3		)	(11		)	(2		)	(16		)
Net cash paid, principally severance and related benefits	(37		)	(16		)	(25		)	(78		)
Pension charges transferred to other accounts				(6		)				(6		)
Other, including foreign exchange translation	1			(2		)	(5		)	(6		)
Balance at December 31, 2013	$	30		$	20		$	64		$	114

Pension Benefit Plans and Other Postretirement Benefits (Tables)

12 Months Ended

Dec. 31, 2013

Pension Benefit Plans

Defined Benefit Plans and Other Postretirement Benefit Plans

Changes in the benefit obligations

	U.S.						Non-U.S.
	2013			2012			2013			2012
Obligations at beginning of year	$	2,647		$	2,547		$	1,911		$	1,553

Change in benefit obligations:
Service cost	27			27			33			26
Interest cost	106			114			72			77
Actuarial (gain) loss, including the effect of change in discount rates	(234		)	170			(1		)	293
Curtailment and plan amendment							(52		)
Special termination	8
Participant contributions							7			7
Benefit payments	(279		)	(220		)	(101		)	(101		)
Other				9			(4		)
Foreign currency translation							1			56

Net change in benefit obligations	(372		)	100			(45		)	358

Obligations at end of year	$	2,275		$	2,647		$	1,866		$	1,911

Changes in the fair value of the pension plans' assets

	U.S.						Non-U.S.
	2013			2012			2013			2012
Fair value at beginning of year	$	2,175		$	2,011		$	1,527		$	1,325

Change in fair value:
Actual gain (loss) on plan assets	365			275			61			118
Benefit payments	(279		)	(220		)	(101		)	(101		)
Employer contributions	12			109			92			110
Participant contributions							7			7
Foreign currency translation							(5		)	43
Other							(3		)	25

Net change in fair value of assets	98			164			51			202

Fair value at end of year	$	2,273		$	2,175		$	1,578		$	1,527

Funded status

	U.S.						Non-U.S.
	2013			2012			2013			2012

Plan assets at fair value	$	2,273		$	2,175		$	1,578		$	1,527
Projected benefit obligations	2,275			2,647			1,866			1,911

Plan assets less than projected benefit obligations	(2		)	(472		)	(288		)	(384		)

Items not yet recognized in pension expense:
Actuarial loss	935			1,461			488			534
Prior service cost (credit)	2			2			(25		)	(9		)
	937			1,463			463			525
Net amount recognized	$	935		$	991		$	175		$	141

Net amount recognized included in the Consolidated Balance Sheets

	U.S.						Non-U.S.
	2013			2012			2013			2012

Pension assets	$	46		$	—		$	22		$	—
Current pension liability, included with Other accrued liabilities	(2		)	(3		)	(6		)	(7		)
Pension benefits	(46		)	(469		)	(304		)	(377		)
Accumulated other comprehensive loss	937			1,463			463			525

Net amount recognized	$	935		$	991		$	175		$	141

Changes in plan assets and/or benefit obligations recognized in accumulated other comprehensive income

	U.S.						Non-U.S.
	2013			2012			2013			2012
Current year actuarial (gain) loss	$	(416	)	$	79		$	28		$	239
Amortization of actuarial loss	(110		)	(96		)	(28		)	(22		)
Amortization of prior service credit							1
Curtailment and plan amendment							(52		)
Settlement							(6		)	(11		)
	(526		)	(17		)	(57		)	206
Translation							(5		)	17
	$	(526	)	$	(17	)	$	(62	)	$	223

Components of net periodic pension cost (income) and net periodic postretirement (benefit) cost

	U.S.									Non-U.S.
	2013			2012			2011			2013			2012			2011
Service cost	$	27		$	27		$	25		$	33		$	26		$	24
Interest cost	106			114			125			72			77			83
Expected asset return	(183		)	(183		)	(186		)	(91		)	(87		)	(86		)
Amortization:
Actuarial loss	110			96			83			28			22			24
Prior service credit										(1		)				(1		)
Net amortization	110			96			83			27			22			23
Net expense	$	60		$	54		$	47		$	41		$	38		$	44

Amounts expected to be amortized from accumulated other comprehensive income during 2014

	U.S.		Non-U.S.
Amortization:
Actuarial loss	$	74	$	22
Prior service cost			(3		)

Net amortization	$	74	$	19

Information for plans with projected and accumulated benefit obligations in excess of the fair value of plan assets

	Projected Benefit Obligation Exceeds								Accumulated Benefit Obligation Exceeds
	the Fair Value of Plan Assets								the Fair Value of Plan Assets
	U.S.				Non-U.S.				U.S.				Non-U.S.
	2013		2012		2013		2012		2013		2012		2013		2012

Projected benefit obligations	$	674	$	2,647	$	1,588	$	1,911	$	674	$	2,647	$	1,588	$	1,172
Accumulated benefit obligation	646		2,569		1,537		1,729		646		2,569		1,537		1,090
Fair value of plan assets	626		2,175		1,278		1,527		626		2,175		1,278		858

Weighted average assumptions used to determine benefit obligations and net periodic pension costs for pension plans, and accumulated postretirement benefit obligation and net postretirement benefit cost for postretirement plans

	U.S.				Non-U.S.
	2013		2012		2013		2012
Discount rate	4.81	%	4.11	%	4.14	%	3.89	%
Rate of compensation increase	2.97	%	2.97	%	3.31	%	3.08	%

	U.S.						Non-U.S.
	2013		2012		2011		2013		2012		2011

Discount rate	4.11	%	4.59	%	5.24	%	3.89	%	4.75	%	5.28	%
Rate of compensation increase	2.97	%	3.14	%	4.50	%	3.08	%	3.23	%	3.49	%
Expected long-term rate of return on assets	8.00	%	8.00	%	8.00	%	6.34	%	6.24	%	6.44	%

Fair values of defined benefit pension plan assets and target allocations

	2013						2012						Target
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3		Allocation

Cash and cash equivalents	$	39	$	6	$	—	$	36	$	20	$	—
Equity securities	387		210				367		173				45-55%
Debt securities	752		116		2		714		113		3		40-50%
Real estate					6						15		0-10%
Other	13		47				18		68				0-10%
Total assets at fair value	$	1,191	$	379	$	8	$	1,135	$	374	$	18

Reconciliation of pension plan assets recorded at fair value using significant unobservable inputs (Level 3)

	2013			2012
Beginning balance	$	18		$	16
Net increase (decrease)	(10		)	2
Ending balance	$	8		$	18

Estimated future benefit payments, reflecting expected future service, as appropriate, expected to be paid

Year(s)	U.S.		Non-U.S.

2014	$	181	$	82
2015	172		85
2016	174		86
2017	167		87
2018	164		90
2019 - 2023	794		487

Postretirement Benefits Other Than Pensions

Defined Benefit Plans and Other Postretirement Benefit Plans

Changes in the benefit obligations

	U.S.						Non-U.S.
	2013			2012			2013			2012

Obligations at beginning of year	$	181		$	194		$	102		$	95
Change in benefit obligations:
Service cost	1			1			1			1
Interest cost	5			8			4			4
Actuarial (gain) loss, including the effect of changing discount rates	1			(6		)	(7		)	3
Benefit payments	(15		)	(16		)	(4		)	(3		)
Curtailment	(62		)
Foreign currency translation							(6		)	2
Net change in benefit obligations	(70		)	(13		)	(12		)	7
Obligations at end of year	$	111		$	181		$	90		$	102

Funded status

	U.S.						Non-U.S.
	2013			2012			2013			2012
Postretirement benefit obligations	$	(111	)	$	(181	)	$	(90	)	$	(102	)

Items not yet recognized in net postretirement benefit cost:
Actuarial loss	30			36			(2		)	5
Prior service credit	(54		)	(8		)
	(24		)	28			(2		)	5
Net amount recognized	$	(135	)	$	(153	)	$	(92	)	$	(97	)

Net amount recognized included in the Consolidated Balance Sheets

	U.S.						Non-U.S.
	2013			2012			2013			2012
Current nonpension postretirement benefit, included with Other accrued liabilities	$	(10	)	$	(15	)	$	(4	)	$	(4	)
Nonpension postretirement benefits	(101		)	(166		)	(86		)	(98		)
Accumulated other comprehensive loss	(24		)	28			(2		)	5
Net amount recognized	$	(135	)	$	(153	)	$	(92	)	$	(97	)

Changes in plan assets and/or benefit obligations recognized in accumulated other comprehensive income

	U.S.						Non-U.S.
	2013			2012			2013			2012
Current year actuarial (gain) loss	$	1		$	(6	)	$	(7	)	$	3
Curtailment	(57		)
Amortization of actuarial loss	(3		)	(5		)
Amortization of prior service credit	7			3
Other adjustments				(2		)
	$	(52	)	$	(10	)	$	(7	)	$	3

Components of net periodic pension cost (income) and net periodic postretirement (benefit) cost

	U.S.									Non-U.S.
	2013			2012			2011			2013		2012		2011
Service cost	$	1		$	1		$	1		$	1	$	1	$	1
Interest cost	5			8			10			4		4		4
Curtailment gain	(5		)
Amortization:
Actuarial loss	3			5			5
Prior service credit	(7		)	(3		)	(3		)
Net amortization	(4		)	2			2			—		—		—
Net postretirement benefit cost	$	(3	)	$	11		$	13		$	5	$	5	$	5

Amounts expected to be amortized from accumulated other comprehensive income during 2014

	U.S.			Non-U.S.
Amortization:
Actuarial loss	$	2		$	—
Prior service credit	(8		)
Net amortization	$	(6	)	$	—

	U.S.						Non-U.S.
	2013		2012		2011		2013		2012		2011
Accumulated post retirement benefit obligation	4.63	%	4.04	%	4.47	%	4.47	%	3.89	%	4.13	%
Net postretirement benefit cost	4.04	%	4.47	%	5.09	%	3.89	%	4.13	%	5.02	%

Weighted average assumed health care cost trend rates

	U.S.				Non-U.S.
	2013		2012		2013		2012
Health care cost trend rate assumed for next year	7.00	%	8.00	%	5.00	%	6.00	%
Rate to which the cost trend rate is assumed to decline (ultimate trend rate)	5.00	%	5.00	%	5.00	%	5.00	%
Year that the rate reaches the ultimate trend rate	2024		2019		2014		2014

Effects of one-percentage-point change in assumed health care cost trend rates on amount reported for the postretirement benefit plans

	U.S.					Non-U.S.
	1-Percentage-Point					1-Percentage-Point
	Increase		Decrease			Increase		Decrease

Effect on total of service and interest cost	$	—	$	—		$	1	$	(1	)
Effect on accumulated postretirement benefit obligations	4		(4		)	15		(12		)

Estimated future benefit payments, reflecting expected future service, as appropriate, expected to be paid

Year(s)	U.S.		Non-U.S.

2014	$	10	$	4
2015	10		4
2016	10		4
2017	9		5
2018	9		5
2019 - 2023	39		25

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Taxes

Provision for income taxes calculated based on components of earnings (loss) before income taxes

Continuing operations	2013		2012		2011
U.S.	$	231	$	187	$	188
Non-U.S.	249		296		(419		)
	$	480	$	483	$	(231	)

Discontinued operations	2013			2012			2011
U.S.	$	(8	)	$	—		$	—
Non-U.S.	(10		)	(5		)	(2		)
	$	(18	)	$	(5	)	$	(2	)

Provision (benefit) for income taxes

	2013			2012			2011

Current:
U.S.	$	7		$	(4	)	$	(12	)
Non-U.S.	116			117			139
	123			113			127

Deferred:
U.S.				8			11
Non-U.S.	(3		)	(13		)	(53		)
	(3		)	(5		)	(42		)

Total:
U.S.	7			4			(1		)
Non-U.S.	113			104			86
Total for continuing operations	120			108			85
Total for discontinued operations				(3		)	(3		)
	$	120		$	105		$	82

Reconciliation of the provision for income taxes

	2013			2012			2011
Tax provision on pretax earnings (loss) from continuing operations at statutory U.S. Federal tax rate	$	168		$	169		$	(81	)

Increase (decrease) in provision for income taxes due to:

Differences in income taxes on foreign earnings, losses and remittances	(29		)	(5		)	(13		)
Goodwill impairment							224
U.S. tax consolidation benefit	(51		)	(54		)	(58		)
Changes in valuation allowance	37			(7		)	15
Tax audits and settlements	1			(1		)	3
Other items	(6		)	6			(5		)
Provision for income taxes	$	120		$	108		$	85

Significant components of deferred tax assets and liabilities and deferred taxes included in the Consolidated Balance Sheets

	2013			2012

Deferred tax assets:
Accrued postretirement benefits	$	60		$	89
Foreign tax credit	356			354
Operating and capital loss carryovers	489			486
Other credit carryovers	46			46
Accrued liabilities	89			95
Pension liability	47			237
Other	73			97

Total deferred tax assets	1,160			1,404

Deferred tax liabilities:
Property, plant, and equipment	126			120
Exchangeable notes	10			19
Intangibles	27			13
Other	59			83

Total deferred tax liabilities	222			235
Valuation allowance	(833		)	(1,010		)

Net deferred taxes	$	105		$	159

	2013			2012
Prepaid expenses	$	64		$	62
Other assets	237			284
U.S. and foreign income taxes				(5		)
Deferred taxes	(196		)	(182		)
Net deferred taxes	$	105		$	159

Reconciliation of the gross unrecognized tax benefits

	2013			2012			2011
Balance at January 1	$	97		$	125		$	143
Additions and reductions for tax positions of prior years	(3		)	8			(15		)
Additions based on tax positions related to the current year	9			7			30
Reductions due to the lapse of the applicable statute of limitations	(2		)	(21		)	(8		)
Reductions due to settlements				(26		)	(18		)
Foreign currency translation	(1		)	4			(7		)
Balance at December 31	$	100		$	97		$	125

Unrecognized tax benefits, which if recognized, would impact the Company’s effective income tax rate	$	92		$	89		$	114

Accrued interest and penalties at December 31	$	35		$	33		$	49

Interest and penalties included in tax expense for the years ended December 31	$	1		$	(6	)	$	18

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References+ Details

Debt (Tables)

12 Months Ended

Dec. 31, 2013

Debt

Long-term Debt

	2013		2012
Secured Credit Agreement:
Revolving Credit Facility:
Revolving Loans	$	—	$	—
Term Loans:
Term Loan A			53
Term Loan B	405		525
Term Loan C (81 million CAD at December 31, 2013)	76		102
Term Loan D (€85 million at December 31, 2013)	117		163
Senior Notes:
3.00%, Exchangeable, due 2015	617		642
7.375%, due 2016	593		591
6.875%, due 2017 (€300 million)			396
6.75%, due 2020 (€500 million)	690		660
4.875%, due 2021 (€330 million)	455
Payable to OI Inc.	250		250
Other	58		95
Total long-term debt	3,261		3,477
Less amounts due within one year	16		23
Long-term debt	$	3,245	$	3,454

Carrying values of the liability and equity components

	2013		2012
Principal amount of exchangeable notes	$	644	$	690
Unamortized discount on exchangeable notes	27		48
Net carrying amount of liability component	$	617	$	642

Carrying amount of equity component	$	92	$	93

Amount of interest expense recognized on the 2015 Exchangeable Notes

	2013		2012
Contractual coupon interest	$	20	$	21
Amortization of discount on exchangeable notes	18		18
Total interest expense	$	38	$	39

	2013			2012

Balance (included in short-term loans)	$	276		$	264

Weighted average interest rate	1.41		%	1.33		%

Fair values at December 31, 2013 of the entity's significant fixed rate debt obligations

	Principal Amount		Indicated Market Price	Fair Value
Senior Notes:
3.00%, Exchangeable, due 2015	$	644	104.71	$	674
7.375%, due 2016	600		112.76	677
6.75%, due 2020 (€500 million)	690		116.50	804
4.875%, due 2021 (€330 million)	455		105.04	478

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(e),(f))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 55

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 470

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

+ Details

Contingencies (Tables)

12 Months Ended

Dec. 31, 2013

Contingencies

Asbestos filings and the claims pending at the end of each listed year

	2013	2012	2011

Pending at beginning of year	2,600	4,600	5,900
Disposed	1,700	4,400	4,500
Filed	1,700	2,400	3,200

Pending at end of year	2,600	2,600	4,600

Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2013

Accumulated Other Comprehensive Income (Loss)

Schedule of activity in accumulated other comprehensive income (loss)

	Net Effect of Exchange Rate Fluctuations			Change in Certain Derivative Instruments			Employee Benefit Plans			Total Accumulated Other Comprehensive Loss

Balance on January 1, 2013	$	455		$	(7	)	$	(1,913	)	$	(1,465	)
Change before reclassifications	(226		)	1			503			278
Amounts reclassified from accumulated other comprehensive income				1		(a)	139		(b)	140
Tax effect							(33		)	(33		)

Other comprehensive income attributable to the Company	(226		)	2			609			385
Balance on December 31, 2013	$	229		$	(5	)	$	(1,304	)	$	(1,080	)

(a) Amount is included in Cost of goods sold on the Consolidated Results of Operations (see Note 8 for additional information).

(b) Amount is included in the computation of net periodic pension cost and net postretirement benefit cost (see Note 10 for additional information).

Stock Options and Other Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

Stock Options and Other Stock Based Compensation

Summary of option activity

					Weighted
			Weighted		Average
			Average		Remaining
	Number of		Exercise		Contractual	Aggregate
	Shares		Price		Term	Intrinsic
	(thousands)		(per share)		(years)	Value
Options outstanding at January 1, 2013	3,735		$	22.65
Granted	354		26.10
Exercised	(1,414	)	17.52
Forfeited or expired	(254	)	28.90
Options outstanding at December 31, 2013	2,421		25.50		3.4	$	30
Options vested or expected to vest at December 31, 2013	2,354		$	25.48	3.4	$	29
Options exercisable at December 31, 2013	1,538		$	25.04	2.4	$	21

Additional information related to stock options

	2013		2012		2011
Weighted average grant-date fair value of options granted (per share)	$	12.39	$	10.63	$	13.70
Aggregate intrinsic value of options exercised	$	16	$	3	$	4
Aggregate cash received from options exercised	$	24	$	4	$	5

Schedule of weighted average assumptions used to estimate the fair value of each option grant on the date of grant using the Black-Scholes option pricing model

	2013		2012		2011

Expected life of options (years)	5.00		4.75		4.75
Expected stock price volatility	55.3	%	56.6	%	53.2	%
Risk-free interest rate	0.9	%	0.8	%	1.7	%
Expected dividend yield	0.0	%	0.0	%	0.0	%

Restricted shares and restricted share units activity

			Weighted
	Number of		Average
	Restricted		Grant-Date
	Shares		Fair Value
	(thousands)		(per share)

Nonvested at January 1, 2013	465		$	22.34
Granted	198		26.49
Vested	(176	)	21.99
Forfeited	(30	)	24.34
Nonvested at December 31, 2013	457		24.14
Awards granted during 2012			$	22.39
Awards granted during 2011			$	29.99

	2013		2012		2011
Total fair value of shares vested	$	5	$	5	$	4

Performance vested restricted share unit activity

	Number of Performance Vested Restricted Shares Units (thousands)		Weighted Average Grant-Date Fair Value (per unit)

Nonvested at January 1, 2013	813		$	26.78
Granted	336		26.10
Vested	(110	)	31.12
Forfeited/Cancelled	(157	)	29.55
Nonvested at December 31, 2013	882		25.49
Awards granted during 2012			$	22.50
Awards granted during 2011			$	29.70

Supplemental Cash Flow Information (Tables)

12 Months Ended

Dec. 31, 2013

Supplemental Cash Flow Information

Supplemental Cash Flow Information

	2013			2012			2011
Decrease (increase) in current assets:
Receivables	$	18		$	213		$	(131	)
Inventories	(30		)	(74		)	(102		)
Prepaid expenses and other	3			19			1
Increase (decrease) in current liabilities:
Accounts payable	128			(53		)	145
Accrued liabilities	7			(47		)	(13		)
Salaries and wages	(2		)	29			(3		)
U.S. and foreign income taxes				(6		)	(14		)
	$	124		$	81		$	(117	)

Income taxes paid (received) in cash

	2013		2012		2011
U.S.	$	—	$	—	$	1
Non-U.S.	128		132		111
Total income taxes paid in cash	$	128	$	132	$	112

Financial Information for Subsidiary Guarantors and Non-Guarantors (Tables)

12 Months Ended

Dec. 31, 2013

Financial Information for Subsidiary Guarantors and Non-Guarantors

Balance Sheet

	December 31, 2013
							Non-
					Guarantor		Guarantor
Balance Sheet	Parent		Issuer		Subsidiaries		Subsidiaries		Eliminations			Consolidated

Current assets:
Accounts receivable	$	—	$	68	$	—	$	875	$	—		$	943
Inventories			203				914					1,117
Other current assets			20		35		435					490

Total current assets	—		291		35		2,224		—			2,550

Investments in and advances to subsidiaries	2,154		2,656		161				(4,971		)	—

Goodwill			574		8		1,477					2,059

Other non-current assets			121		131		926					1,178

Total other assets	2,154		3,351		300		2,403		(4,971		)	3,237

Property, plant and equipment, net			651		38		1,943					2,632

Total assets	$	2,154	$	4,293	$	373	$	6,570	$	(4,971	)	$	8,419

Current liabilities :
Accounts payable and accrued liabilities	$	—	$	293	$	67	$	1,422	$	—		$	1,782
Short-term loans and long-term debt due within one year							322					322

Total current liabilities	—		293		67		1,744		—			2,104

Long-term debt	250		1,617		12		1,366					3,245
Other non-current liabilities			68		136		815					1,019
Investments by and advances from parent			2,315		158		2,498		(4,971		)	—
Total share owner’s equity of the Company	1,904											1,904
Noncontrolling interests							147					147

Total liabilities and share owners’ equity	$	2,154	$	4,293	$	373	$	6,570	$	(4,971	)	$	8,419

	December 31, 2012
								Non-
					Guarantor			Guarantor
Balance Sheet	Parent		Issuer		Subsidiaries			Subsidiaries		Eliminations			Consolidated

Current assets:
Accounts receivable	$	—	$	66	$	(15	)	$	917	$	—		$	968
Inventories			212					927					1,139
Other current assets			9		18			514					541

Total current assets	—		287		3			2,358		—			2,648

Investments in and advances to subsidiaries	1,592		2,836		(178		)			(4,250		)	—

Goodwill			555		8			1,516					2,079

Other non-current assets			127		87			888					1,102

Total other assets	1,592		3,518		(83		)	2,404		(4,250		)	3,181

Property, plant and equipment, net			626		42			2,101					2,769

Total assets	$	1,592	$	4,431	$	(38	)	$	6,863	$	(4,250	)	$	8,598

Current liabilities :
Accounts payable and accrued liabilities	$	—	$	273	$	60		$	1,355	$	—		$	1,688
Short-term loans and long-term debt due within one year					1			318					319

Total current liabilities	—		273		61			1,673		—			2,007

Long-term debt	250		1,759		13			1,432					3,454
Other non-current liabilities			31		665			925					1,621
Investments by and advances from parent			2,368		(777		)	2,659		(4,250		)	—
Total share owner’s equity of the Company	1,342												1,342
Noncontrolling interests								174					174

Total liabilities and share owners’ equity	$	1,592	$	4,431	$	(38	)	$	6,863	$	(4,250	)	$	8,598

Results of Operations

	Year ended December 31, 2013
										Non-
							Guarantor			Guarantor
Results of Operations	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Net sales	$	—		$	1,883		$	3		$	5,081		$	—		$	6,967
Cost of goods sold				(1,555		)	(18		)	(4,063		)				(5,636		)

Gross profit	—			328			(15		)	1,018			—			1,331

Research, engineering, selling, administrative and other				(112		)	(83		)	(533		)				(728		)
Net intercompany interest	20			(20		)										—
Other interest expense	(20		)	(107		)	(1		)	(111		)				(239		)
Interest income										10						10
Equity earnings from subsidiaries	337			154									(491		)	—
Other equity earnings				16						51						67
Other revenue (expense)				194			6			(161		)				39

Earnings (loss) from continuing operations before income taxes	337			453			(93		)	274			(491		)	480
Provision for income taxes				(7		)				(113		)				(120		)
Earnings (loss) from continuing operations	337			446			(93		)	161			(491		)	360
Loss from discontinued operations	(8		)							(10		)				(18		)

Net earnings (loss)	329			446			(93		)	151			(491		)	342
Net earnings attributable to noncontrolling interests										(13		)				(13		)

Net earnings (loss) attributable to the Company	$	329		$	446		$	(93	)	$	138		$	(491	)	$	329

	Year ended December 31, 2013
								Non-
					Guarantor			Guarantor
Comprehensive Income	Parent		Issuer		Subsidiaries			Subsidiaries			Eliminations			Consolidated

Net earnings (loss)	$	329	$	446	$	(93	)	$	151		$	(491	)	$	342
Other comprehensive income (loss)	385		2					(201		)	193			379
Total comprehensive income (loss)	714		448		(93		)	(50		)	(298		)	721
Comprehensive income attributable to noncontrolling interests								(7		)				(7		)
Comprehensive income (loss) attributable to the Company	$	714	$	448	$	(93	)	$	(57	)	$	(298	)	$	714

	Year ended December 31, 2012
										Non-
							Guarantor			Guarantor
Results of Operations	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Net sales	$	—		$	1,868		$	2		$	5,130		$	—		$	7,000
Cost of goods sold				(1,530		)	(13		)	(4,083		)				(5,626		)

Gross profit	—			338			(11		)	1,047			—			1,374

Research, engineering, selling, administrative and other				(165		)	(83		)	(504		)				(752		)
Net intercompany interest	20			(20		)										—
Other interest expense	(20		)	(107		)	(1		)	(120		)				(248		)
Interest income										9						9
Equity earnings from subsidiaries	339			193									(532		)	—
Other equity earnings				15						49						64
Other revenue				181			6			(151		)				36

Earnings (loss) from continuing operations before income taxes	339			435			(89		)	330			(532		)	483
Provision for income taxes				(10		)	5			(103		)				(108		)
Earnings (loss) from continuing operations	339			425			(84		)	227			(532		)	375
Loss from discontinued operations										(2		)				(2		)

Net earnings (loss)	339			425			(84		)	225			(532		)	373
Net earnings attributable to noncontrolling interests										(34		)				(34		)

Net earnings (loss) attributable to the Company	$	339		$	425		$	(84	)	$	191		$	(532	)	$	339

	Year ended December 31, 2012
									Non-
						Guarantor			Guarantor
Comprehensive Income	Parent			Issuer		Subsidiaries			Subsidiaries			Eliminations			Consolidated

Net earnings (loss)	$	339		$	425	$	(84	)	$	225		$	(532	)	$	373
Other comprehensive income (loss)	(185		)	5					(207		)	210			(177		)
Total comprehensive income (loss)	154			430		(84		)	18			(322		)	196
Comprehensive income attributable to noncontrolling interests									(42		)				(42		)
Comprehensive income (loss) attributable to the Company	$	154		$	430	$	(84	)	$	(24	)	$	(322	)	$	154

	Year ended December 31, 2011
										Non-
							Guarantor			Guarantor
Results of Operations	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Net sales	$	—		$	1,837		$	3		$	5,521		$	(3	)	$	7,358
Cost of goods sold				(1,549		)	(5		)	(4,419		)	4			(5,969		)

Gross profit	—			288			(2		)	1,102			1			1,389

Research, engineering, selling, administrative and other				(120		)	(77		)	(1,213		)				(1,410		)
Net intercompany interest	20			(20		)										—
Interest expense	(20		)	(145		)	(1		)	(148		)				(314		)
Interest income										11						11
Equity earnings from subsidiaries	(335		)	(474		)							809			—
Other equity earnings				9						57						66
Other revenue				216			1			(190		)	—			27

Earnings (loss) from continuing operations before income taxes	(335		)	(246		)	(79		)	(381		)	810			(231		)
Provision for income taxes				(1		)	2			(86		)				(85		)
Earnings (loss) from continuing operations	(335		)	(247		)	(77		)	(467		)	810			(316		)
Earnings (loss) from discontinued operations							3			(2		)				1

Net earnings (loss)	(335		)	(247		)	(74		)	(469		)	810			(315		)
Net earnings attributable to noncontrolling interests										(20		)				(20		)

Net earnings (loss) attributable to the Company	$	(335	)	$	(247	)	$	(74	)	$	(489	)	$	810		$	(335	)

	Year ended December 31, 2011
										Non-
							Guarantor			Guarantor
Comprehensive Income	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations		Consolidated

Net earnings (loss)	$	(335	)	$	(247	)	$	(74	)	$	(469	)	$	810	$	(315	)
Other comprehensive income	(415		)	(28		)				(136		)	164		(415		)
Total comprehensive income	(750		)	(275		)	(74		)	(605		)	974		(730		)
Comprehensive income attributable to noncontrolling interests										(20		)			(20		)
Comprehensive income (loss) attributable to the Company	$	(750	)	$	(275	)	$	(74	)	$	(625	)	$	974	$	(750	)

Cash Flows

	Year ended December 31, 2013
										Non-
							Guarantor			Guarantor
Cash Flows	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Cash provided by (used in) continuing operating activities	$	8		$	375		$	(43	)	$	520		$	(2	)	$	858
Cash used in discontinued operating activities	(8		)							(10		)				(18		)
Investing Activities:
Additions to property, plant and equipment				(111		)	(1		)	(249		)				(361		)
Acquisition, net of cash acquired				(4		)										(4		)
Proceeds from sales and other										11						11
Net payments to fund minority partner loan										(16		)				(16		)
Deconsolidation of subsidiary										(32		)				(32		)
Cash used in investing activities	(8		)	(115		)	(1		)	(286		)	—			(402		)
Financing Activities:
Net distribution to OI Inc.	(167		)													(167		)
Change in intercompany transactions	167			(93		)	74			(150		)	2			—
Change in short term debt										8						8
Payments of long term debt				(384		)	(13		)	(643		)				(1,040		)
Borrowings of long term debt				217						551						768
Net payments for hedging activity and other										(24		)				(24		)
Contribution from noncontrolling interests										5						5
Noncontrolling dividends										(22		)				(22		)
Payment of finance fees										(7		)				(7		)

Cash provided by (used in) financing activities	—			(260		)	61			(282		)	2			(479		)
Effect of exchange rate change on cash										(7		)				(7		)

Net change in cash	—			—			17			(65		)	—			(48		)
Cash at beginning of period							10			421						431

Cash at end of period	$	—		$	—		$	27		$	356		$	—		$	383

	Year ended December 31, 2012
										Non-
							Guarantor			Guarantor
Cash Flows	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Cash provided by (used in) continuing operating activities	$	—		$	148		$	(8	)	$	649		$	(44	)	$	745
Cash used in discontinued operating activities										(5		)				(5		)
Investing Activities:
Additions to property, plant and equipment				(73		)	(1		)	(216		)				(290		)
Acquisition, net of cash acquired										(5		)				(5		)
Proceeds from sales and other				2						93						95
Net payments to fund minority partner loan										(21		)				(21		)

Cash used in investing activities	—			(71		)	(1		)	(149		)	—			(221		)
Financing Activities:
Net distribution to OI Inc.	(188		)													(188		)
Change in intercompany transactions	188			(2		)	(1		)	(229		)	44			—
Change in short term debt										(38		)				(38		)
Payments of long term debt				(185		)	(1		)	(216		)				(402		)
Borrowings of long term debt				110						9						119
Net receipts for hedging activity										27						27
Contribution from noncontrolling interests										3						3
Noncontrolling dividends										(24		)				(24		)
Payment of finance fees										(1		)				(1		)

Cash provided by (used in) financing activities	—			(77		)	(2		)	(469		)	44			(504		)
Effect of exchange rate change on cash										16						16

Net change in cash	—			—			(11		)	42			—			31
Cash at beginning of period							21			379						400

Cash at end of period	$	—		$	—		$	10		$	421		$	—		$	431

	Year ended December 31, 2011
										Non-
							Guarantor			Guarantor
Cash Flows	Parent			Issuer			Subsidiaries			Subsidiaries			Eliminations			Consolidated

Cash provided by (used in) continuing operating activities	$	—		$	289		$	(4	)	$	319		$	71		$	675
Cash used in discontinued operating activities										(2		)				(2		)
Investing Activities:
Additions to property, plant and equipment				(38		)	(5		)	(242		)				(285		)
Acquisition, net of cash acquired				(8		)				(136		)				(144		)
Proceeds from sales and other										3						3

Cash used in investing activities	—			(46		)	(5		)	(375		)	—			(426		)
Financing Activities:
Net distribution to OI Inc.	(165		)													(165		)
Change in intercompany transactions	165			86			(199		)	17			(69		)	—
Change in short term debt										80						80
Payments of long term debt				(1,262		)	(1		)	(534		)				(1,797		)
Borrowings of long term debt				933						534			(2		)	1,465
Net payments for hedging activity										(22		)				(22		)
Noncontrolling dividends										(35		)				(35		)
Payment of finance fees										(19		)				(19		)

Cash provided by (used in) financing activities	—			(243		)	(200		)	21			(71		)	(493		)
Effect of exchange rate change on cash										6						6

Net change in cash	—			—			(209		)	(31		)	—			(240		)
Cash at beginning of period							230			410						640

Cash at end of period	$	—		$	—		$	21		$	379		$	—		$	400

Significant Accounting Policies (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013 item	Dec. 31, 2012	Dec. 31, 2011
Equity Method Investments
Owens-Illinois, Inc.'s ownership percentage in the Company	100.00%
Number of countries in which the entity operates	21
Stock-Based Compensation
Compensation cost recognized for equity instruments for which employees do not render the required service	$ 11	$ 11	$ 1
Minimum
Equity Method Investments
General ownership percentage for equity method investments	20.00%
Maximum
Equity Method Investments
General ownership percentage for equity method investments	50.00%

Segment Information (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013 item	Dec. 31, 2012	Dec. 31, 2011
Segment Reporting Information
Number of reportable segments			4
Net sales:
Net sales			$ 6,967	$ 7,000	$ 7,358
Items excluded from segment operating profit:
Retained corporate costs and other			(119)	(106)	(75)
Restructuring, asset impairment and related charges			(119)	(168)	(112)
Charge for goodwill impairment	0				(641)
Gain on China land compensation		61		61
Interest income			10	9	11
Interest expense			(239)	(248)	(314)
Earnings (loss) from continuing operations before income taxes			480	483	(231)
Reportable Segment Totals
Net sales:
Net sales			6,941	6,963	7,266
Segment Operating Profit:
Segment Operating Profit			947	935	900
Europe
Net sales:
Net sales			2,787	2,717	3,052
Segment Operating Profit:
Segment Operating Profit			305	307	345
North America
Net sales:
Net sales			2,002	1,966	1,929
Segment Operating Profit:
Segment Operating Profit			307	288	222
South America
Net sales:
Net sales			1,186	1,252	1,226
Segment Operating Profit:
Segment Operating Profit			204	227	250
Asia Pacific
Net sales:
Net sales			966	1,028	1,059
Segment Operating Profit:
Segment Operating Profit			131	113	83
Items excluded from segment operating profit:
Charge for goodwill impairment					(641)
Other
Net sales:
Net sales			$ 26	$ 37	$ 92

Segment Information (Details 2) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Assets
Total assets:	$ 8,419	$ 8,598	$ 8,975
Equity investments:
Equity investments	315	294	315
Equity earnings:
Equity earnings	67	64	66
Capital expenditures:
Capital expenditures	361	290	285
Depreciation and amortization expense:
Depreciation and amortization expense	397	412	422
Reportable Segment Totals
Assets
Total assets:	8,121	8,360	8,669
Equity investments:
Equity investments	264	253	267
Equity earnings:
Equity earnings	43	36	33
Capital expenditures:
Capital expenditures	346	279	274
Depreciation and amortization expense:
Depreciation and amortization expense	383	397	413
Europe
Assets
Total assets:	3,509	3,362	3,588
Equity investments:
Equity investments	84	63	59
Equity earnings:
Equity earnings	17	15	21
Capital expenditures:
Capital expenditures	130	87	127
Depreciation and amortization expense:
Depreciation and amortization expense	139	150	164
North America
Assets
Total assets:	1,995	1,994	2,020
Equity investments:
Equity investments	25	25	27
Equity earnings:
Equity earnings	16	16	9
Capital expenditures:
Capital expenditures	100	68	60
Depreciation and amortization expense:
Depreciation and amortization expense	110	107	96
South America
Assets
Total assets:	1,467	1,655	1,682
Capital expenditures:
Capital expenditures	80	75	50
Depreciation and amortization expense:
Depreciation and amortization expense	72	70	73
Asia Pacific
Assets
Total assets:	1,150	1,349	1,379
Equity investments:
Equity investments	155	165	181
Equity earnings:
Equity earnings	10	5	3
Capital expenditures:
Capital expenditures	36	49	37
Depreciation and amortization expense:
Depreciation and amortization expense	62	70	80
Other
Assets
Total assets:	298	238	306
Equity investments:
Equity investments	51	41	48
Equity earnings:
Equity earnings	24	28	33
Capital expenditures:
Capital expenditures	15	11	11
Depreciation and amortization expense:
Depreciation and amortization expense	$ 14	$ 15	$ 9

Segment Information (Details 3) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Segment Reporting Information
Property, plant and equipment, net	$ 2,632	$ 2,769	$ 2,877
Net sales	6,967	7,000	7,358
U.S.
Segment Reporting Information
Property, plant and equipment, net	686	663	667
Net sales	1,809	1,780	1,776
Non-U.S.
Segment Reporting Information
Property, plant and equipment, net	1,946	2,106	2,210
Net sales	$ 5,158	$ 5,220	$ 5,582

Segment Information (Details 4) (Consolidating net sales from continuing operations, Geographic concentration)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Minimum
Segment Reporting Information
Percentage of consolidated net sales from continuing operations	10.00%
France
Segment Reporting Information
Percentage of consolidated net sales from continuing operations	11.00%	11.00%	13.00%

Receivables (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Receivables
Trade accounts receivable	$ 757	$ 827
Less: allowances for doubtful accounts and discounts	39	41
Net trade receivables	718	786
Other receivables	225	182
Total	943	968
Amount of receivables sold	$ 192	$ 141

Inventories (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Inventories
Finished goods	$ 958	$ 957
Raw materials	113	137
Operating supplies	46	45
Inventories	$ 1,117	$ 1,139

Equity Investments (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended													3 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2013 Non-U.S.	Dec. 31, 2012 Non-U.S.	Dec. 31, 2011 Non-U.S.	Dec. 31, 2013 U.S.	Dec. 31, 2012 U.S.	Dec. 31, 2011 U.S.	Dec. 31, 2013 Vetri Speciali SpA	Dec. 31, 2013 Tata Chemical (Soda Ash) Partners	Dec. 31, 2013 Rocky Mountain Bottle Company	Dec. 31, 2013 BJC O-I Glass Pte. Ltd	Dec. 31, 2013 Vetrerie Meridionali SpA
Summarized combined financial information for equity associates at end of year:
Current assets	$ 419	$ 327
Non-current assets	528	496
Total assets	947	823
Current liabilities	224	195
Other liabilities and deferred items	193	158
Total liabilities and deferred items	417	353
Net assets	530	470
Summarized combined financial information for equity associates for the year:
Net sales	699	658	689
Gross profit	185	191	215
Net earnings	149	143	174
Dividends received	67	50	50
Equity Investments Information
Equity earnings	67	64	66	27	20	24	40	44	42
Percentage of equity method investments										50.00%	25.00%	50.00%	50.00%	50.00%
Gain or loss recognized related to the deconsolidation	(17)													0
Difference between investment carrying value and amount of underlying equity in net assets	$ 13

Goodwill (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2013 Europe	Dec. 31, 2012 Europe	Dec. 31, 2011 Europe	Dec. 31, 2013 North America	Dec. 31, 2012 North America	Dec. 31, 2011 North America	Dec. 31, 2013 South America	Dec. 31, 2012 South America	Dec. 31, 2011 South America	Dec. 31, 2011 Asia Pacific	Dec. 31, 2013 Asia Pacific	Dec. 31, 2012 Asia Pacific	Dec. 31, 2013 Other	Dec. 31, 2012 Other	Dec. 31, 2011 Other	Dec. 31, 2010 Other
Changes in the carrying amount of goodwill
Balance of Goodwill at the beginning of the period		$ 2,079	$ 2,082	$ 2,821	$ 1,006	$ 983	$ 1,009	$ 743	$ 740	$ 743	$ 325	$ 354	$ 387	$ 677			$ 5	$ 5	$ 5	$ 5
Acquisitions				8			8
Impairment charge	0			(641)										(641)
Translation effects		(20)	(3)	(106)	38	23	(34)	(9)	3	(3)	(49)	(29)	(33)	(36)
Balance of Goodwill at end of the period	2,059	2,059	2,079	2,082	1,044	1,006	983	734	743	740	276	325	354				5	5	5	5
Accumulated impairment losses														$ 1,135	$ 1,135	$ 1,135

Other Assets (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Other assets
Deferred tax assets	$ 237	$ 284
Capitalized software	114	115
Deferred returnable packaging costs	124	96
Non-income tax receivable	70	20
Deferred finance fees	33	40
Intangibles	23	29
Other	78	91
Total other assets	679	675
Other information related to capitalized software
Amortization expense for capitalized software	14	15	11
Estimated amortization expense
2014	17
2015	16
2016	13
2017	13
2018	$ 12

Derivative Instruments (Details) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013 USD ($)	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Dec. 31, 2004 Net Investment Hedge EUR (€)	Dec. 31, 2013 Commodity futures contracts Cash Flow Hedges USD ($) MMBTU	Dec. 31, 2012 Commodity futures contracts Cash Flow Hedges USD ($) MMBTU	Dec. 31, 2011 Commodity futures contracts Cash Flow Hedges USD ($)	Dec. 31, 2013 Commodity futures contracts Cash Flow Hedges Minimum	Dec. 31, 2013 Commodity futures contracts Cash Flow Hedges Maximum	Dec. 31, 2013 Forward exchange contracts Derivatives not designated as hedging instruments USD ($)	Dec. 31, 2012 Forward exchange contracts Derivatives not designated as hedging instruments USD ($)
Derivatives and Hedges
Coverage of commodity futures contracts (in MM BTUs)					5,400,000	7,000,000
Unrecognized gain (loss) included in Accumulated OCI					$ 1	$ (1)
Period during which unrecognized loss included in Accumulated OCI will be reclassified into earnings								12 months	24 months
Commodity futures contracts loss recognized in OCI					1	(3)	(10)
Commodity futures contracts loss reclassified from accumulated OCI into income					(1)	(8)	(7)
Senior notes				225
Net investment hedge loss recognized in OCI			25
Forward exchange contracts in various currencies										550	750
Forward exchange contracts gain (loss) recognized in income	$ (28)	$ 6	$ (11)

Derivative Instruments (Details 2) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Derivatives, Fair Value
Total asset derivatives	$ 4	$ 4
Total liability derivatives	7	10
Derivatives designated as hedging instruments \| Commodity futures contracts \| Receivables
Derivatives, Fair Value
Total asset derivatives	1
Derivatives designated as hedging instruments \| Commodity futures contracts \| Other liabilities (current)
Derivatives, Fair Value
Total liability derivatives		1
Derivatives not designated as hedging instruments \| Foreign exchange contracts \| Receivables
Derivatives, Fair Value
Total asset derivatives	3	4
Derivatives not designated as hedging instruments \| Foreign exchange contracts \| Other liabilities (current)
Derivatives, Fair Value
Total liability derivatives	$ 7	$ 9

Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Restructuring Reserve
Asset impairment	$ 22		$ 17
Restructuring accrual
Restructuring reserve balance at beginning of year	123	103
Charges	97	168	95
Write-down of assets to net realizable value	(16)	(68)
Net cash paid, principally severance and related benefits	(78)	(66)	(39)
Pension charges transferred to other accounts	(6)	(15)
Other, including foreign exchange translation	(6)	1
Restructuring reserve balance at end of year	114	123	103
Mold shop in South America
Restructuring Reserve
Employee costs and asset impairments		7
European Asset Optimization
Restructuring Reserve
Employee costs and asset impairments	16	86	24
Restructuring accrual
Restructuring reserve balance at beginning of year	53	12
Charges	16	86
Write-down of assets to net realizable value	(3)	(30)
Net cash paid, principally severance and related benefits	(37)	(16)
Other, including foreign exchange translation	1	1
Restructuring reserve balance at end of year	30	53	12
Asia Pacific Restructuring
Restructuring Reserve
Employee costs and asset impairments	49	47	46
Restructuring accrual
Restructuring reserve balance at beginning of year	6	17
Charges	49	47
Write-down of assets to net realizable value	(11)	(22)
Net cash paid, principally severance and related benefits	(16)	(25)
Pension charges transferred to other accounts	(6)	(11)
Other, including foreign exchange translation	(2)
Restructuring reserve balance at end of year	20	6	17
Other Restructuring Actions
Restructuring Reserve
Employee costs and asset impairments		13
Miscellaneous other costs	3	15
Restructuring accrual
Restructuring reserve balance at beginning of year	64	74
Charges	32	35
Write-down of assets to net realizable value	(2)	(16)
Net cash paid, principally severance and related benefits	(25)	(25)
Pension charges transferred to other accounts		(4)
Other, including foreign exchange translation	(5)
Restructuring reserve balance at end of year	64	64
Closure of flat glass operations in South America
Restructuring Reserve
Employee costs and asset impairments	16
Europe and South America
Restructuring Reserve
Headcount reduction charges			13
Europe
Restructuring Reserve
Asset impairment			12
Global headcount reduction initiatives
Restructuring Reserve
Headcount reduction charges	13
Severance and other employee separation costs
Restructuring accrual
Estimated amount of restructuring accrual balance	71
Environmental remediation costs
Restructuring accrual
Charges		14
Estimated amount of restructuring accrual balance	27
Other exit costs
Restructuring accrual
Estimated amount of restructuring accrual balance	$ 16

Pension Benefit Plans and Other Postretirement Benefits (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Change in benefit obligations:
Special termination	$ 8
U.S Pension Plans
Changes in the pension and postretirement benefit obligations
Obligations at beginning of year	2,647	2,547
Change in benefit obligations:
Service cost	27	27	25
Interest cost	106	114	125
Actuarial (gain) loss, including the effect of change in discount rates	(234)	170
Special termination	8	4
Benefit payments	(279)	(220)
Other		9
Net change in benefit obligations	(372)	100
Obligations at end of year	2,275	2,647	2,547
Changes in fair value of pension plans' assets:
Fair value at beginning of year	2,175	2,011
Actual gain (loss) on plan assets	365	275
Benefit payments	(279)	(220)
Employer contributions	12	109
Net change in fair value of assets	98	164
Fair value at end of year	2,273	2,175	2,011
Non-U.S. Pension Plans
Changes in the pension and postretirement benefit obligations
Obligations at beginning of year	1,911	1,553
Change in benefit obligations:
Service cost	33	26	24
Interest cost	72	77	83
Actuarial (gain) loss, including the effect of change in discount rates	(1)	293
Gain from curtailment and plan amendment	(52)
Participant contributions	7	7
Benefit payments	(101)	(101)
Other	(4)
Foreign currency translation	1	56
Net change in benefit obligations	(45)	358
Obligations at end of year	1,866	1,911	1,553
Changes in fair value of pension plans' assets:
Fair value at beginning of year	1,527	1,325
Actual gain (loss) on plan assets	61	118
Benefit payments	(101)	(101)
Employer contributions	92	110
Participant contributions	7	7
Foreign currency translation	(5)	43
Other	(3)	25
Net change in fair value of assets	51	202
Fair value at end of year	1,578	1,527	1,325
U.S Postretirement Benefit Plans
Changes in the pension and postretirement benefit obligations
Obligations at beginning of year	181	194
Change in benefit obligations:
Service cost	1	1	1
Interest cost	5	8	10
Actuarial (gain) loss, including the effect of change in discount rates	1	(6)
Benefit payments	(15)	(16)
Curtailment	(62)
Net change in benefit obligations	(70)	(13)
Obligations at end of year	111	181	194
Changes in fair value of pension plans' assets:
Benefit payments	(15)	(16)
Non-U.S. Postretirement Benefit Plans
Changes in the pension and postretirement benefit obligations
Obligations at beginning of year	102	95
Change in benefit obligations:
Service cost	1	1	1
Interest cost	4	4	4
Actuarial (gain) loss, including the effect of change in discount rates	(7)	3
Benefit payments	(4)	(3)
Foreign currency translation	(6)	2
Net change in benefit obligations	(12)	7
Obligations at end of year	90	102	95
Changes in fair value of pension plans' assets:
Benefit payments	$ (4)	$ (3)

Pension Benefit Plans and Other Postretirement Benefits (Details 2) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	$ 2,273	$ 2,175	$ 2,011
Projected benefit and postretirement benefit obligations	2,275	2,647	2,547
Plan assets less than projected benefit obligations	(2)	(472)
Items not yet recognized in pension expense:
Actuarial loss	935	1,461
Prior service cost (credit)	2	2
Total	937	1,463
Net amount recognized	935	991
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	1,578	1,527	1,325
Projected benefit and postretirement benefit obligations	1,866	1,911	1,553
Plan assets less than projected benefit obligations	(288)	(384)
Items not yet recognized in pension expense:
Actuarial loss	488	534
Prior service cost (credit)	(25)	(9)
Total	463	525
Net amount recognized	175	141
U.S Postretirement Benefit Plans
Defined Benefit Plan Disclosure
Projected benefit and postretirement benefit obligations	111	181	194
Items not yet recognized in pension expense:
Actuarial loss	30	36
Prior service cost (credit)	(54)	(8)
Total	(24)	28
Net amount recognized	(135)	(153)
Non-U.S. Postretirement Benefit Plans
Defined Benefit Plan Disclosure
Projected benefit and postretirement benefit obligations	90	102	95
Items not yet recognized in pension expense:
Actuarial loss	(2)	5
Total	(2)	5
Net amount recognized	$ (92)	$ (97)

- Definition

The total of net gain (loss), prior service cost (credit), and transition assets (obligations), as well as minimum pension liability if still remaining, included in accumulated other comprehensive income associated with a defined benefit pension or other postretirement plan(s) because they have yet to be recognized as components of net periodic benefit cost.

+ References+ Details

Pension Benefit Plans and Other Postretirement Benefits (Details 3) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Amortization:
Special termination benefits	$ 8
Pension Benefit Plans
Changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income
Accumulated benefit obligation	4,015	4,298
U.S Pension Plans
Net amount recognized included in the Consolidated Balance Sheets
Pension assets	46
Current pension liability and nonpension postretirement benefit, included with Other accrued liabilities	(2)	(3)
Pension benefits and nonpension postretirement benefits	(46)	(469)
Accumulated other comprehensive loss	937	1,463
Net amount recognized	935	991
Changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income
Current year actuarial (gain) loss	(416)	79
Amortization of actuarial loss	(110)	(96)
Total	(526)	(17)
Changes in benefit obligations were recognized in accumulated other comprehensive income	(526)	(17)
Components of the net pension expense and postretirement benefit cost
Service cost	27	27	25
Interest cost	106	114	125
Expected asset return	(183)	(183)	(186)
Amortization:
Actuarial loss	110	96	83
Net amortization	110	96	83
Net periodic pension and postretirement benefit cost	60	54	47
Special termination benefits	8	4
Non-U.S. Pension Plans
Net amount recognized included in the Consolidated Balance Sheets
Pension assets	22
Current pension liability and nonpension postretirement benefit, included with Other accrued liabilities	(6)	(7)
Pension benefits and nonpension postretirement benefits	(304)	(377)
Accumulated other comprehensive loss	463	525
Net amount recognized	175	141
Changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income
Current year actuarial (gain) loss	28	239
Amortization of actuarial loss	(28)	(22)
Amortization of prior service credit	1
Gain from curtailment and plan amendment	(52)
Settlement	(6)	(11)
Total	(57)	206
Translation	(5)	17
Changes in benefit obligations were recognized in accumulated other comprehensive income	(62)	223
Components of the net pension expense and postretirement benefit cost
Service cost	33	26	24
Interest cost	72	77	83
Expected asset return	(91)	(87)	(86)
Amortization:
Actuarial loss	28	22	24
Prior service credit	(1)		(1)
Net amortization	27	22	23
Net periodic pension and postretirement benefit cost	41	38	44
Settlement cost	6	11
U.S Postretirement Benefit Plans
Net amount recognized included in the Consolidated Balance Sheets
Current pension liability and nonpension postretirement benefit, included with Other accrued liabilities	(10)	(15)
Pension benefits and nonpension postretirement benefits	(101)	(166)
Accumulated other comprehensive loss	(24)	28
Net amount recognized	(135)	(153)
Changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income
Current year actuarial (gain) loss	1	(6)
Curtailment	(57)
Amortization of actuarial loss	(3)	(5)
Amortization of prior service credit	7	3
Other adjustments		(2)
Total	(52)	(10)
Components of the net pension expense and postretirement benefit cost
Service cost	1	1	1
Interest cost	5	8	10
Curtailment (gain) loss	(5)
Amortization:
Actuarial loss	3	5	5
Prior service credit	(7)	(3)	(3)
Net amortization	(4)	2	2
Net periodic pension and postretirement benefit cost	(3)	11	13
Non-U.S. Postretirement Benefit Plans
Net amount recognized included in the Consolidated Balance Sheets
Current pension liability and nonpension postretirement benefit, included with Other accrued liabilities	(4)	(4)
Pension benefits and nonpension postretirement benefits	(86)	(98)
Accumulated other comprehensive loss	(2)	5
Net amount recognized	(92)	(97)
Changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income
Current year actuarial (gain) loss	(7)	3
Total	(7)	3
Components of the net pension expense and postretirement benefit cost
Service cost	1	1	1
Interest cost	4	4	4
Amortization:
Net periodic pension and postretirement benefit cost	$ 5	$ 5	$ 5

Pension Benefit Plans and Other Postretirement Benefits (Details 4) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Weighted average assumptions used to determine net periodic pension costs and net postretirement benefit cost
Tenure used for computing historical long-term rate of return assumption	10 years
U.S Pension Plans
Amortization:
Actuarial loss	$ 74
Net amortization	74
Projected Benefit Obligation Exceeds the Fair Value of Plan Assets
Projected benefit obligations	674	2,647
Fair value of plan assets	626	2,175
Accumulated benefit obligation	646	2,569
Projected and accumulated benefit obligations in excess of the fair value of plan assets
Projected benefit obligations	674	2,647
Fair value of plan assets	626	2,175
Accumulated benefit obligation	646	2,569
Weighted average assumptions used to determine pension and accumulated postretirement benefit obligations
Discount rate used to determine pension and accumulated postretirement benefit obligations (as a percent)	4.81%	4.11%
Rate of compensation increase (as a percent)	2.97%	2.97%
Weighted average assumptions used to determine net periodic pension costs and net postretirement benefit cost
Discount rate used to determine net periodic pension costs and net postretirement benefit cost (as a percent)	4.11%	4.59%	5.24%
Rate of compensation increase (as a percent)	2.97%	3.14%	4.50%
Expected long-term rate of return on assets (as a percent)	8.00%	8.00%	8.00%
Non-U.S. Pension Plans
Amortization:
Actuarial loss	22
Prior service cost	(3)
Net amortization	19
Projected Benefit Obligation Exceeds the Fair Value of Plan Assets
Projected benefit obligations	1,588	1,911
Fair value of plan assets	1,278	1,527
Accumulated benefit obligation	1,537	1,729
Projected and accumulated benefit obligations in excess of the fair value of plan assets
Projected benefit obligations	1,561	1,172
Fair value of plan assets	1,278	858
Accumulated benefit obligation	1,537	1,090
Weighted average assumptions used to determine pension and accumulated postretirement benefit obligations
Discount rate used to determine pension and accumulated postretirement benefit obligations (as a percent)	4.14%	3.89%
Rate of compensation increase (as a percent)	3.31%	3.08%
Weighted average assumptions used to determine net periodic pension costs and net postretirement benefit cost
Discount rate used to determine net periodic pension costs and net postretirement benefit cost (as a percent)	3.89%	4.75%	5.28%
Rate of compensation increase (as a percent)	3.08%	3.23%	3.49%
Expected long-term rate of return on assets (as a percent)	6.34%	6.24%	6.44%
U.S Postretirement Benefit Plans
Amortization:
Actuarial loss	2
Prior service cost	(8)
Net amortization	$ (6)
Weighted average assumptions used to determine pension and accumulated postretirement benefit obligations
Discount rate used to determine pension and accumulated postretirement benefit obligations (as a percent)	4.63%	4.04%	4.47%
Weighted average assumptions used to determine net periodic pension costs and net postretirement benefit cost
Discount rate used to determine net periodic pension costs and net postretirement benefit cost (as a percent)	4.04%	4.47%	5.09%
Non-U.S. Postretirement Benefit Plans
Weighted average assumptions used to determine pension and accumulated postretirement benefit obligations
Discount rate used to determine pension and accumulated postretirement benefit obligations (as a percent)	4.47%	3.89%	4.13%
Weighted average assumptions used to determine net periodic pension costs and net postretirement benefit cost
Discount rate used to determine net periodic pension costs and net postretirement benefit cost (as a percent)	3.89%	4.13%	5.02%

Pension Benefit Plans and Other Postretirement Benefits (Details 5) (USD $) In Millions, unless otherwise specified							12 Months Ended
	Dec. 31, 2013 U.S Pension Plans	Dec. 31, 2012 U.S Pension Plans	Dec. 31, 2011 U.S Pension Plans	Dec. 31, 2013 Non-U.S. Pension Plans	Dec. 31, 2012 Non-U.S. Pension Plans	Dec. 31, 2011 Non-U.S. Pension Plans	Dec. 31, 2013 Equity securities U.S Pension Plans	Dec. 31, 2012 Equity securities U.S Pension Plans	Dec. 31, 2013 Equity securities Non-U.S. Pension Plans Minimum	Dec. 31, 2013 Equity securities Non-U.S. Pension Plans Maximum	Dec. 31, 2013 Debt securities U.S Pension Plans	Dec. 31, 2012 Debt securities U.S Pension Plans	Dec. 31, 2013 Debt securities Non-U.S. Pension Plans Minimum	Dec. 31, 2013 Debt securities Non-U.S. Pension Plans Maximum	Dec. 31, 2013 Real estate Non-U.S. Pension Plans Minimum	Dec. 31, 2013 Real estate Non-U.S. Pension Plans Maximum	Dec. 31, 2013 Other Non-U.S. Pension Plans Minimum	Dec. 31, 2013 Other Non-U.S. Pension Plans Maximum	Dec. 31, 2013 Level 1 Non-U.S. Pension Plans	Dec. 31, 2012 Level 1 Non-U.S. Pension Plans	Dec. 31, 2013 Level 1 Cash and cash equivalents Non-U.S. Pension Plans	Dec. 31, 2012 Level 1 Cash and cash equivalents Non-U.S. Pension Plans	Dec. 31, 2013 Level 1 Equity securities Non-U.S. Pension Plans	Dec. 31, 2012 Level 1 Equity securities Non-U.S. Pension Plans	Dec. 31, 2013 Level 1 Debt securities Non-U.S. Pension Plans	Dec. 31, 2012 Level 1 Debt securities Non-U.S. Pension Plans	Dec. 31, 2013 Level 1 Other Non-U.S. Pension Plans	Dec. 31, 2012 Level 1 Other Non-U.S. Pension Plans	Dec. 31, 2013 Level 2 Non-U.S. Pension Plans	Dec. 31, 2012 Level 2 Non-U.S. Pension Plans	Dec. 31, 2013 Level 2 Cash and cash equivalents Non-U.S. Pension Plans	Dec. 31, 2012 Level 2 Cash and cash equivalents Non-U.S. Pension Plans	Dec. 31, 2013 Level 2 Equity securities Non-U.S. Pension Plans	Dec. 31, 2012 Level 2 Equity securities Non-U.S. Pension Plans	Dec. 31, 2013 Level 2 Debt securities Non-U.S. Pension Plans	Dec. 31, 2012 Level 2 Debt securities Non-U.S. Pension Plans	Dec. 31, 2013 Level 2 Other Non-U.S. Pension Plans	Dec. 31, 2012 Level 2 Other Non-U.S. Pension Plans	Dec. 31, 2013 Level 3 Non-U.S. Pension Plans	Dec. 31, 2012 Level 3 Non-U.S. Pension Plans	Dec. 31, 2011 Level 3 Non-U.S. Pension Plans	Dec. 31, 2013 Level 3 Debt securities Non-U.S. Pension Plans	Dec. 31, 2012 Level 3 Debt securities Non-U.S. Pension Plans	Dec. 31, 2013 Level 3 Real estate Non-U.S. Pension Plans	Dec. 31, 2012 Level 3 Real estate Non-U.S. Pension Plans
Defined Benefit Plan Disclosure
Percentage of U.S. pension plan assets classified as Level 2 assets in securities							72.00%	72.00%			28.00%	28.00%
Plan assets at fair value	$ 2,273	$ 2,175	$ 2,011	$ 1,578	$ 1,527	$ 1,325													$ 1,191	$ 1,135	$ 39	$ 36	$ 387	$ 367	$ 752	$ 714	$ 13	$ 18	$ 379	$ 374	$ 6	$ 20	$ 210	$ 173	$ 116	$ 113	$ 47	$ 68	$ 8	$ 18	$ 16	$ 2	$ 3	$ 6	$ 15
Target allocation percentage									45.00%	55.00%			40.00%	50.00%	0.00%	10.00%	0.00%	10.00%

Pension Benefit Plans and Other Postretirement Benefits (Details 6) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Estimated future benefit payments
Defined contribution plans for salaried and hourly U.S. employees	$ 8	$ 7	$ 8
U.S Pension Plans
Defined Benefit Plan Disclosure
Fair value at beginning of year	2,175	2,011
Net increase (decrease)	98	164
Fair value at end of year	2,273	2,175
Estimated future benefit payments
2014	181
2015	172
2016	174
2017	167
2018	164
2019 - 2023	794
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure
Fair value at beginning of year	1,527	1,325
Net increase (decrease)	51	202
Fair value at end of year	1,578	1,527
Contribution to defined benefit plan in 2014	30
Estimated future benefit payments
2014	82
2015	85
2016	86
2017	87
2018	90
2019 - 2023	487
U.S Postretirement Benefit Plans
Estimated future benefit payments
2014	10
2015	10
2016	10
2017	9
2018	9
2019 - 2023	39
Non-U.S. Postretirement Benefit Plans
Estimated future benefit payments
2014	4
2015	4
2016	4
2017	5
2018	5
2019 - 2023	25
Level 3 \| Non-U.S. Pension Plans
Defined Benefit Plan Disclosure
Fair value at beginning of year	18	16
Net increase (decrease)	(10)	2
Fair value at end of year	$ 8	$ 18

Pension Benefit Plans and Other Postretirement Benefits (Details 7) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Pension Benefit Plans and Other Postretirement Benefits
Payments to the trust as required by the bargaining agreements are based upon specified amounts per hour worked	$ 6	$ 6	$ 6
U.S Postretirement Benefit Plans
Weighted average assumed health care cost trend (in percent)
Health care cost trend rate assumed for next year (as a percent)	7.00%	8.00%
Rate to which the cost trend rate is assumed to decline (ultimate trend rate) (as a percent)	5.00%	5.00%
Year that the rate reaches the ultimate trend rate	2024	2019
Effect of one-percentage-point change in assumed health care cost trend rates (in percent)
One-Percentage-Point Increase, effect on accumulated postretirement benefit obligations	4
One-Percentage-Point Decrease, effect on accumulated postretirement benefit obligations	(4)
Non-U.S. Postretirement Benefit Plans
Weighted average assumed health care cost trend (in percent)
Health care cost trend rate assumed for next year (as a percent)	5.00%	6.00%
Rate to which the cost trend rate is assumed to decline (ultimate trend rate) (as a percent)	5.00%	5.00%
Year that the rate reaches the ultimate trend rate	2014	2014
Effect of one-percentage-point change in assumed health care cost trend rates (in percent)
One-Percentage-Point Increase, effect on total of service and interest cost	1
One-Percentage-Point Decrease, effect on total of service and interest cost	(1)
One-Percentage-Point Increase, effect on accumulated postretirement benefit obligations	15
One-Percentage-Point Decrease, effect on accumulated postretirement benefit obligations	$ (12)

Income Taxes (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Continuing operations
U.S.	$ 231	$ 187	$ 188
Non-U.S.	249	296	(419)
Earnings (loss) from continuing operations before income taxes	480	483	(231)
Discontinued operations
U.S.	(8)
Non-U.S.	(10)	(5)	(2)
Discontinued operations total	(18)	(5)	(2)
Current:
U.S.	7	(4)	(12)
Non-U.S.	116	117	139
Total	123	113	127
Deferred:
U.S.		8	11
Non-U.S.	(3)	(13)	(53)
Total	(3)	(5)	(42)
Total:
U.S.	7	4	(1)
Non-U.S.	113	104	86
Total for continuing operations	120	108	85
Total for discontinued operations		(3)	(3)
Total	$ 120	$ 105	$ 82

Income Taxes (Details 2) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
A reconciliation of the provision for income taxes
Statutory U.S. Federal tax rate (as a percent)	35.00%
Increase (decrease) in provision for income taxes due to:
Tax provision on pretax earnings (loss) from continuing operations at statutory U.S. Federal tax rate	$ 168	$ 169	$ (81)
Differences in income taxes on foreign earnings, losses and remittances	(29)	(5)	(13)
Goodwill Impairment			224
U.S. tax consolidation benefit	(51)	(54)	(58)
Changes in valuation allowance	37	(7)	15
Tax audits and settlements	1	(1)	3
Other items	(6)	6	(5)
Total for continuing operations	$ 120	$ 108	$ 85

Income Taxes (Details 3) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Deferred tax assets:
Accrued postretirement benefits	$ 60	$ 89
Foreign tax credit	356	354
Operating and capital loss carryovers	489	486
Other credit carryovers	46	46
Accrued liabilities	89	95
Pension liability	47	237
Other	73	97
Total deferred tax assets	1,160	1,404
Deferred tax liabilities:
Property, plant, and equipment	126	120
Exchangeable notes	10	19
Intangibles	27	13
Other	59	83
Total deferred tax liabilities	222	235
Valuation allowance	(833)	(1,010)
Net deferred taxes	105	159
Deferred taxes are included in the Consolidated Balance Sheets:
Prepaid expenses	64	62
Other assets	237	284
U. S. And foreign income taxes		(5)
Deferred taxes	(196)	(182)
Net deferred taxes	$ 105	$ 159

Income Taxes (Details 4) (USD $)	12 Months Ended
Income Taxes (Details 4) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Reasonably possible change in unrecognized tax benefits
Unused foreign tax credits expiring in 2017 through 2022	$ 356,000,000	$ 354,000,000
Unused research tax credits expiring from 2014 to 2033	20,000,000
Alternative minimum tax credits	26,000,000
Operating and capital loss carryforwards with indefinite life	164,000,000
Operating and capital loss carryforwards expiring between 2014 and 2031	325,000,000
Period of cumulative income position of the operations	3 years
Valuation allowance	833,000,000	1,010,000,000
Equity in undistributed earnings of foreign subsidiaries	3,200,000,000
Reconciliation of the Company's total gross unrecognized tax benefits
Balance at beginning of the period	97,000,000	125,000,000	143,000,000
Additions and reductions for tax positions of prior years	(3,000,000)	8,000,000	(15,000,000)
Additions based on tax positions related to the current year	9,000,000	7,000,000	30,000,000
Reductions due to lapse of the applicable statute of limitations	(2,000,000)	(21,000,000)	(8,000,000)
Reductions due to settlements		(26,000,000)	(18,000,000)
Foreign currency translation	(1,000,000)	4,000,000	(7,000,000)
Balance at ending of the period	100,000,000	97,000,000	125,000,000
Unrecognized tax benefits, which if recognized, would impact the Company's effective income tax rate	92,000,000	89,000,000	114,000,000
Accrued interest and penalties	35,000,000	33,000,000	49,000,000
Interest and penalties included in tax expense	1,000,000	(6,000,000)	18,000,000
Period during which unrecognized tax benefits are reasonably possible of being settled as a result of audit settlements or statute expirations	12 months
U.S. operations
Reasonably possible change in unrecognized tax benefits
Period of cumulative income position of the operations	3 years
Valuation allowance	680,000,000
Maximum
Reconciliation of the Company's total gross unrecognized tax benefits
Reasonably possible decrease in unrecognized tax benefits related to audit settlements or statute expirations	$ 20,000,000

Debt (Details)	12 Months Ended				12 Months Ended			12 Months Ended				12 Months Ended		12 Months Ended			12 Months Ended			12 Months Ended						1 Months Ended							1 Months Ended
Debt (Details)	Dec. 31, 2013 USD ($)	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Dec. 31, 2013 Secured Credit Agreement USD ($)	Dec. 31, 2013 Secured Credit Agreement Minimum	Dec. 31, 2013 Secured Credit Agreement Maximum	Dec. 31, 2013 Revolving Loans USD ($)	Dec. 31, 2013 Revolving Loans Minimum	Dec. 31, 2013 Revolving Loans Maximum	Dec. 31, 2013 Term Loan A AUD	Dec. 31, 2012 Term Loan A USD ($)	Dec. 31, 2013 Term Loan B USD ($)	Dec. 31, 2012 Term Loan B USD ($)	Dec. 31, 2013 Term Loan C (81 million CAD at December 31, 2013) CAD	Dec. 31, 2013 Term Loan C (81 million CAD at December 31, 2013) USD ($)	Dec. 31, 2012 Term Loan C (81 million CAD at December 31, 2013) USD ($)	Dec. 31, 2013 Term Loan D (€85 million at December 31, 2013) EUR (€)	Dec. 31, 2013 Term Loan D (€85 million at December 31, 2013) USD ($)	Dec. 31, 2012 Term Loan D (€85 million at December 31, 2013) USD ($)	Dec. 31, 2013 Senior Notes 3.00%, Exchangeable, due 2015 USD ($)	Dec. 31, 2012 Senior Notes 3.00%, Exchangeable, due 2015 USD ($)	Dec. 31, 2011 Senior Notes 3.00%, Exchangeable, due 2015 USD ($)	May 31, 2010 Senior Notes 3.00%, Exchangeable, due 2015 USD ($)	Dec. 31, 2013 Senior Notes 7.375%, due 2016 USD ($)	Dec. 31, 2012 Senior Notes 7.375%, due 2016 USD ($)	Mar. 31, 2013 Senior Notes 6.875%, due 2017 (300 million EUR) USD ($)	Dec. 31, 2013 Senior Notes 6.875%, due 2017 (300 million EUR) EUR (€)	Mar. 31, 2013 Senior Notes 6.875%, due 2017 (300 million EUR) EUR (€)	Dec. 31, 2012 Senior Notes 6.875%, due 2017 (300 million EUR) USD ($)	Dec. 31, 2013 Senior Notes 6.75%, due 2020 (500 million EUR) USD ($)	Dec. 31, 2013 Senior Notes 6.75%, due 2020 (500 million EUR) EUR (€)	Dec. 31, 2012 Senior Notes 6.75%, due 2020 (500 million EUR) USD ($)	Mar. 31, 2013 Senior Notes 4.875%, due 2021 (330 million EUR) USD ($)	Dec. 31, 2013 Senior Notes 4.875%, due 2021 (330 million EUR) USD ($)	Dec. 31, 2013 Senior Notes 4.875%, due 2021 (330 million EUR) EUR (€)	Mar. 31, 2013 Senior Notes 4.875%, due 2021 (330 million EUR) EUR (€)	Dec. 31, 2013 Payable to OI Inc. USD ($)	Dec. 31, 2012 Payable to OI Inc. USD ($)	Dec. 31, 2013 Other debt USD ($)	Dec. 31, 2012 Other debt USD ($)	Dec. 31, 2013 Accounts Receivable Securitization Program USD ($)	Dec. 31, 2012 Accounts Receivable Securitization Program USD ($)	Dec. 31, 2013 European Accounts Receivable Securitization Program EUR (€)
Debt Instrument
Total long-term debt	$ 3,261,000,000	$ 3,477,000,000									$ 53,000,000	$ 405,000,000	$ 525,000,000	81,000,000	$ 76,000,000	$ 102,000,000	€ 85,000,000	$ 117,000,000	$ 163,000,000	$ 617,000,000	$ 642,000,000			$ 593,000,000	$ 591,000,000		€ 300,000,000		$ 396,000,000	$ 690,000,000	€ 500,000,000	$ 660,000,000		$ 455,000,000	€ 330,000,000		$ 250,000,000	$ 250,000,000	$ 58,000,000	$ 95,000,000
Less amounts due within one year	16,000,000	23,000,000
Long-term debt	3,245,000,000	3,454,000,000
Interest rate, stated percentage																				3.00%				7.375%			6.875%			6.75%	6.75%			4.875%	4.875%
Maximum Borrowing Capacity							900,000,000																																				215,000,000
Debt repaid										51,000,000		120,000,000		20,000,000			39,000,000			46,000,000
Unused Credit				816,000,000
Interest rate margin, Eurocurrency Rate loans (as a percent)					1.25%	2.00%
Interest rate margin, Base Rate loans (as a percent)					0.25%	1.00%
Facility fee payable (as a percent)								0.25%	0.50%
Weighted Average Interest Rate (as a percent)				2.12%
Face Value																							690,000,000													330,000,000
Proceeds net of issuance cost	768,000,000	119,000,000	1,465,000,000																														418,000,000
Debt discharge																												300,000,000
Interest charges for note repurchase premiums and related write-off of unamortized finance fees																				3,000,000		25,000,000				11,000,000
Exchange price of 2015 exchangeable notes (in dollars per share)																				$ 47.47
Exchange rate per $1,000 principal amount (in shares per $1,000 principal)																				21.0642
Exchangeable debt principal amount, basis for exchange, denominator																				1,000
Minimum stock price that must be exceeded for exchangeable notes to be exchanged (in dollars per share)																				$ 61.71
Percentage of the exchange price used to determine the minimum stock price that must be exceeded for exchangeable notes to be exchanged																				130.00%
Percentage of the average exchange value below which the notes may become exchangeable into shares																				98.00%
Actual percentage of the average exchange value																				139.00%
Company's non-exchangeable debt borrowing rate (as a percent)																				6.15%
Principal Amount																				644,000,000	690,000,000			600,000,000						690,000,000				455,000,000
Unamortized discount on exchangeable notes																				27,000,000	48,000,000
Carrying amount of equity component																				92,000,000	93,000,000
Indicated Market Price (in dollars per share)																				$ 104.71				$ 112.76						$ 116.50				$ 105.04
Fair Value																				674,000,000				677,000,000						804,000,000				478,000,000
Contractual coupon interest																				20,000,000	21,000,000
Amortization of discount on exchangeable notes																				18,000,000	18,000,000
Total interest expense	239,000,000	248,000,000	314,000,000																	38,000,000	39,000,000
Short-term loans and long-term debt due within one year	322,000,000	319,000,000																																							276,000,000	264,000,000
Weighted average interest rate, short-term debt (as a percent)																																									1.41%	1.33%
Capital lease obligations																																							$ 37,000,000

Debt (Details 2) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013
Annual maturities of long-term debt through 2018
2014	$ 16
2015	984
2016	877
2017	4
2018	$ 255

Contingencies (Details) (USD $)	12 Months Ended
Contingencies (Details) (USD $)	Dec. 31, 2013 item	Dec. 31, 2012 item	Dec. 31, 2011 item	Dec. 31, 1993
Non-income tax assessment
Percentage of asbestos plaintiffs
Estimated amount of income-tax assessment including penalties and interest	$ 90,000,000
Period over which deposit amount of tax assessment will be remitted in monthly installments	24 months
Charge created due to unfavorable ruling	60,000,000
Non-income tax refund	30,000,000
Installment payments made	43,000,000
OI Inc.
Percentage of asbestos plaintiffs
Sale of goods containing asbestos from 1948 to 1958	40,000,000
Approximate number of claims disposed of to date	393,000
Average indemnity payment per claim	8,600
Deferred amounts payable	12,000,000	24,000,000
Asbestos-related liability, total amount accrued beginning in 1993 through 2013 before insurance recoveries	4,300,000,000			975,000,000
Additional estimated period that result in an annual charge, if future comprehensive review of asbestos-related liabilities is not determined	1 year
Asbestos related charges	$ 145,000,000
Number of Plaintiffs and Claimants Asbestos Claims Pending [Roll Forward]
Pending at beginning of year (in number of litigants)	2,600	4,600	5,900
Disposed (in number of litigants)	1,700	4,400	4,500
Filed (in number of litigants)	1,700	2,400	3,200
Pending at end of year (in number of litigants)	2,600	2,600	4,600
OI Inc. \| Damages unspecified or sufficient to invoke jurisdictional minimum
Percentage of asbestos plaintiffs
Percentage of asbestos plaintiffs, approximate percentage	80.00%
OI Inc. \| Damages of $15 million or less
Percentage of asbestos plaintiffs
Percentage of asbestos plaintiffs, approximate percentage	16.00%
OI Inc. \| Damages greater than $15 million but less than $100 million
Percentage of asbestos plaintiffs
Percentage of asbestos plaintiffs, approximate percentage	3.00%
OI Inc. \| Damages equal to or greater than $100 million
Percentage of asbestos plaintiffs
Percentage of asbestos plaintiffs, fewer than percentage	1.00%

Accumulated Other Comprehensive Income (Loss) (Details) (USD $) In Millions, unless otherwise specified			12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013 Net Effect of Exchange Rate Fluctuations	Dec. 31, 2013 Change in Certain Derivative Instruments	Dec. 31, 2013 Employee Benefit Plans	Dec. 31, 2013 Accumulated Other Comprehensive Loss
Increase (Decrease) Accumulated Other Comprehensive Income (Loss), Net of Tax
Balance at beginning of the period	$ (1,080)	$ (1,465)	$ 455	$ (7)	$ (1,913)	$ (1,465)
Change before reclassifications			(226)	1	503	278
Amounts reclassified from accumulated other comprehensive income				1	139	140
Tax effect					(33)	(33)
Other comprehensive income attributable to the Company			(226)	2	609	385
Balance at end of the period	$ (1,080)	$ (1,465)	$ 229	$ (5)	$ (1,304)	$ (1,080)

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References+ Details

Stock Options and Other Stock Based Compensation (Details) (USD $) In Millions, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Stock Options and Other Stock Based Compensation
Shares available for grants under the plans	4,644,000
Compensation cost for all grants of shares and units	$ 11	$ 11	$ 1
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Number of options may be exercised in whole or in part during the first year after the date granted	1,414,000
Stock Options \| Shares granted to employees prior to March 22, 2005
Share-based Compensation Arrangement by Share-based Payment Award
Number of options may be exercised in whole or in part during the first year after the date granted	0
Options expiration period	10 years
Stock Options \| Shares granted to employees after March 21, 2005
Share-based Compensation Arrangement by Share-based Payment Award
Number of options may be exercised in whole or in part during the first year after the date granted	0
Percentage of options exercisable per year beginning on the first anniversary from date of option granted	25.00%
Options expiration period	7 years
Stock Options \| Shares granted to employees after March 21, 2005 \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award
Fair value options, amortization period	1 year
Stock Options \| Shares granted to employees after March 21, 2005 \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award
Fair value options, amortization period	4 years

- Definition

Number of share options (or share units) exercised during the current period.

+ References+ Details

Stock Options and Other Stock Based Compensation (Details 2) (Stock Options, USD $) In Millions, except Share data in Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Stock Options
Number of Shares
Options outstanding, Beginning balance (in shares)	3,735
Granted (in shares)	354
Exercised (in shares)	(1,414)
Forfeited or expired (in shares)	(254)
Options outstanding, ending balance (in shares)	2,421	3,735
Options vested or expected to vest (in shares)	2,354
Options exercisable (in shares)	1,538
Weighted Average Exercise Price (per share)
Options outstanding, Beginning balance (in dollars per share)	$ 22.65
Granted (in dollars per share)	$ 26.10
Exercised (in dollars per share)	$ 17.52
Forfeited or expired (in dollars per share)	$ 28.90
Options outstanding, Closing balance (in dollars per share)	$ 25.50	$ 22.65
Options vested or expected to vest (in dollars per share)	$ 25.48
Options exercisable (in dollars per share)	$ 25.04
Weighted Average Remaining Contractual Term (years)
Options outstanding, Closing balance	3 years 4 months 24 days
Options vested or expected to vest	3 years 4 months 24 days
Options exercisable	2 years 4 months 24 days
Aggregate Intrinsic Value
Options outstanding, Closing balance (in dollars)	$ 30
Options vested or expected to vest (in dollars)	29
Options exercisable (in dollars)	21
Weighted average grant-date fair value of options granted (in dollars per share)	$ 12.39	$ 10.63	$ 13.70
Aggregate intrinsic value of options exercised (in dollars)	16	3	4
Aggregate cash received from options exercised (in dollars)	$ 24	$ 4	$ 5
Weighted average assumptions used to estimate the fair value of each option grant
Expected life of options (years)	5 years	4 years 9 months	4 years 9 months
Expected stock price volatility (as a percent)	55.30%	56.60%	53.20%
Risk-free interest rate (as a percent)	0.90%	0.80%	1.70%
Expected dividend yield (as a percent)	0.00%	0.00%	0.00%

Stock Options and Other Stock Based Compensation (Details 3) (USD $) In Millions, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award
Common stock distribution ratio	1
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Unrecognized compensation cost of unvested stock options, restricted shares restricted share units and performance vested restricted share units (in dollars)	$ 16
Weighted average period during which unrecognized compensation costs would be recognized	2 years
Shares granted to directors prior to 2008
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Period within which shares vested cannot be sold	3 years
Stock Options \| Shares granted to employees after March 21, 2005
Share-based Compensation Arrangement by Share-based Payment Award
Percentage of shares vested per year beginning on first anniversary	25.00%
Restricted Shares and Restricted Share Units \| Shares granted to employees prior to March 22, 2005
Share-based Compensation Arrangement by Share-based Payment Award
Period after which shares granted can be vested	3 years
Restricted Shares and Restricted Share Units \| Shares granted to employees after March 21, 2005 \| Minimum
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Fair value of restricted shares, amortization period	1 year
Restricted Shares and Restricted Share Units \| Shares granted to employees after March 21, 2005 \| Maximum
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Fair value of restricted shares, amortization period	4 years
Restricted Shares
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Nonvested, beginning balance (in shares)	465,000
Granted (in shares)	198,000
Vested (in shares)	(176,000)
Forfeited (in shares)	(30,000)
Nonvested, ending balance (in shares)	457,000	465,000
Nonvested, Beginning balance (in dollars per share)	$ 22.34
Granted (in dollars per share)	$ 26.49	$ 22.39	$ 29.99
Vested (in dollars per share)	$ 21.99
Forfeited (in dollars per share)	$ 24.34
Nonvested, Closing balance (in dollars per share)	$ 24.14	$ 22.34
Total fair value of shares vested (in dollars)	5	5	4
Restricted Shares \| Shares granted to employees after March 21, 2005
Share-based Compensation Arrangement by Share-based Payment Award
Percentage of shares vested per year beginning on first anniversary	25.00%
Restricted Share Units \| Shares granted to employees after 2010
Share-based Compensation Arrangement by Share-based Payment Award
Percentage of shares vested per year beginning on first anniversary	25.00%
Restricted Share Units \| Shares granted to directors after 2007
Share-based Compensation Arrangement by Share-based Payment Award
Period after which shares granted can be vested	1 year
Performance Vested Restricted Share Units
Share-based Compensation Arrangement by Share-based Payment Award
Period after which shares granted can be vested	3 years
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Nonvested, beginning balance (in shares)	813,000
Granted (in shares)	336,000
Vested (in shares)	(110,000)
Forfeited (in shares)	(157,000)
Nonvested, ending balance (in shares)	882,000	813,000
Nonvested, Beginning balance (in dollars per share)	$ 26.78
Granted (in dollars per share)	$ 26.10	$ 22.50	$ 29.70
Vested (in dollars per share)	$ 31.12
Forfeited (in dollars per share)	$ 29.55
Nonvested, Closing balance (in dollars per share)	$ 25.49	$ 26.78
Shares issued	110,000
Total fair value of shares issued (in dollars)	$ 3
Performance Vested Restricted Share Units \| Maximum
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Shares of common stock holder may receive, per unit of vested units	2

Other Expense (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended		12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Other Expense
Restructuring, asset impairment and related charges			$ 97	$ 168	$ 95
Gain on China land compensation		61		61
Foreign currency exchange losses			9	8	6
Asset impairment			22		17
Charge for goodwill impairment	0				641
Asia Pacific
Other Expense
Charge for goodwill impairment					$ 641

- Definition

Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation.

+ References+ Details

Operating Leases (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Operating Leases
Rent expense attributable to warehouse, office buildings and equipment operating leases	$ 57	$ 76	$ 89
Minimum future rentals under operating leases
2014	50
2015	36
2016	30
2017	26
2018	21
2019 and thereafter	$ 48

Supplemental Cash Flow Information (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Decrease (increase) in current assets:
Receivables	$ 18	$ 213	$ (131)
Inventories	(30)	(74)	(102)
Prepaid expenses and other	3	19	1
Increase (decrease) in current liabilities:
Accounts payable	128	(53)	145
Accrued liabilities	7	(47)	(13)
Salaries and wages	(2)	29	(3)
U.S. and foreign income taxes		(6)	(14)
Changes in components of working capital, total	124	81	(117)
Interest paid in cash	205	234	274
Income taxes paid (received) in cash
U.S. income taxes paid in cash			1
Non-U.S. Income taxes paid in cash	128	132	111
Total income taxes paid in cash	$ 128	$ 132	$ 112

Discontinued Operations (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended			0 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Oct. 26, 2010 Discontinued Operations, Disposed Venezuelan Subsidiaries item	Dec. 31, 2013 Discontinued Operations, Disposed Venezuelan Subsidiaries
Subsidiaries
Number of subsidiaries				2
Loss from discontinued operations	$ 18	$ 2	$ (1)
Special termination benefits	8
Ongoing costs related to the expropriation					$ 10

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details)	Dec. 31, 2013
Guarantor Subsidiaries
Debt Instrument
Ownership percentage in subsidiaries	100.00%
Senior Notes 3.00%, Exchangeable, due 2015
Debt Instrument
Interest rate, stated percentage	3.00%
Senior Notes 7.375%, due 2016
Debt Instrument
Interest rate, stated percentage	7.375%

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details 2) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Current assets:
Accounts receivable	$ 943	$ 968
Inventories	1,117	1,139
Other current assets	490	541
Total current assets	2,550	2,648
Goodwill	2,059	2,079	2,082	2,821
Other non-current assets	1,178	1,102
Total other assets	3,237	3,181
Property, plant and equipment, net	2,632	2,769	2,877
Total assets	8,419	8,598	8,975
Current liabilities:
Accounts payable and accrued liabilities	1,782	1,688
Short-term loans and long-term debt due within one year	322	319
Total current liabilities	2,104	2,007
Long-term debt	3,245	3,454
Other non-current liabilities	1,019	1,621
Total share owner's equity of the Company	1,904	1,342
Noncontrolling interests	147	174
Total liabilities and share owners' equity	8,419	8,598
Parent
Current assets:
Investments in and advances to subsidiaries	2,154	1,592
Total other assets	2,154	1,592
Total assets	2,154	1,592
Current liabilities:
Long-term debt	250	250
Total share owner's equity of the Company	1,904	1,342
Total liabilities and share owners' equity	2,154	1,592
Issuer
Current assets:
Accounts receivable	68	66
Inventories	203	212
Other current assets	20	9
Total current assets	291	287
Investments in and advances to subsidiaries	2,656	2,836
Goodwill	574	555
Other non-current assets	121	127
Total other assets	3,351	3,518
Property, plant and equipment, net	651	626
Total assets	4,293	4,431
Current liabilities:
Accounts payable and accrued liabilities	293	273
Total current liabilities	293	273
Long-term debt	1,617	1,759
Other non-current liabilities	68	31
Investments by and advances from parent	2,315	2,368
Total liabilities and share owners' equity	4,293	4,431
Guarantor Subsidiaries
Current assets:
Accounts receivable		(15)
Other current assets	35	18
Total current assets	35	3
Investments in and advances to subsidiaries	161	(178)
Goodwill	8	8
Other non-current assets	131	87
Total other assets	300	(83)
Property, plant and equipment, net	38	42
Total assets	373	(38)
Current liabilities:
Accounts payable and accrued liabilities	67	60
Short-term loans and long-term debt due within one year		1
Total current liabilities	67	61
Long-term debt	12	13
Other non-current liabilities	136	665
Investments by and advances from parent	158	(777)
Total liabilities and share owners' equity	373	(38)
Non-Guarantor Subsidiaries
Current assets:
Accounts receivable	875	917
Inventories	914	927
Other current assets	435	514
Total current assets	2,224	2,358
Goodwill	1,477	1,516
Other non-current assets	926	888
Total other assets	2,403	2,404
Property, plant and equipment, net	1,943	2,101
Total assets	6,570	6,863
Current liabilities:
Accounts payable and accrued liabilities	1,422	1,355
Short-term loans and long-term debt due within one year	322	318
Total current liabilities	1,744	1,673
Long-term debt	1,366	1,432
Other non-current liabilities	815	925
Investments by and advances from parent	2,498	2,659
Noncontrolling interests	147	174
Total liabilities and share owners' equity	6,570	6,863
Eliminations
Current assets:
Investments in and advances to subsidiaries	(4,971)	(4,250)
Total other assets	(4,971)	(4,250)
Total assets	(4,971)	(4,250)
Current liabilities:
Investments by and advances from parent	(4,971)	(4,250)
Total liabilities and share owners' equity	$ (4,971)	$ (4,250)

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details 3) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Results of Operations
Net sales	$ 6,967	$ 7,000	$ 7,358
Cost of goods sold	(5,636)	(5,626)	(5,969)
Gross profit	1,331	1,374	1,389
Research, engineering, selling, administrative, and other	(728)	(752)	(1,410)
Other interest expense	(239)	(248)	(314)
Interest income	10	9	11
Other equity earnings	67	64	66
Other revenue (expense)	39	36	27
Earnings (loss) from continuing operations before income taxes	480	483	(231)
Provision for income taxes	(120)	(108)	(85)
Earnings (loss) from continuing operations	360	375	(316)
Loss from discontinued operations	(18)	(2)	1
Net earnings (loss)	342	373	(315)
Net earnings attributable to noncontrolling interests	(13)	(34)	(20)
Net earnings (loss) attributable to the Company	329	339	(335)
Comprehensive Income
Net earnings (loss)	342	373	(315)
Other comprehensive income (loss)	379	(177)	(415)
Total comprehensive income (loss)	721	196	(730)
Comprehensive income attributable to noncontrolling interests	(7)	(42)	(20)
Comprehensive income (loss) attributable to the Company	714	154	(750)
Parent
Results of Operations
Net intercompany interest	20	20	20
Other interest expense	(20)	(20)	(20)
Equity earnings from subsidiaries	337	339	(335)
Earnings (loss) from continuing operations before income taxes	337	339	(335)
Earnings (loss) from continuing operations	337	339	(335)
Loss from discontinued operations	(8)
Net earnings (loss)	329	339	(335)
Net earnings (loss) attributable to the Company	329	339	(335)
Comprehensive Income
Net earnings (loss)	329	339	(335)
Other comprehensive income (loss)	385	(185)	(415)
Total comprehensive income (loss)	714	154	(750)
Comprehensive income (loss) attributable to the Company	714	154	(750)
Issuer
Results of Operations
Net sales	1,883	1,868	1,837
Cost of goods sold	(1,555)	(1,530)	(1,549)
Gross profit	328	338	288
Research, engineering, selling, administrative, and other	(112)	(165)	(120)
Net intercompany interest	(20)	(20)	(20)
Other interest expense	(107)	(107)	(145)
Equity earnings from subsidiaries	154	193	(474)
Other equity earnings	16	15	9
Other revenue (expense)	194	181	216
Earnings (loss) from continuing operations before income taxes	(453)	435	(246)
Provision for income taxes	(7)	(10)	(1)
Earnings (loss) from continuing operations	446	425	(247)
Net earnings (loss)	446	425	(247)
Net earnings (loss) attributable to the Company	446	425	(247)
Comprehensive Income
Net earnings (loss)	446	425	(247)
Other comprehensive income (loss)	2	5	(28)
Total comprehensive income (loss)	448	430	(275)
Comprehensive income (loss) attributable to the Company	448	430	(275)
Guarantor Subsidiaries
Results of Operations
Net sales	3	2	3
Cost of goods sold	(18)	(13)	(5)
Gross profit	(15)	(11)	(2)
Research, engineering, selling, administrative, and other	(83)	(83)	(77)
Other interest expense	(1)	(1)	(1)
Other revenue (expense)	6	6	1
Earnings (loss) from continuing operations before income taxes	(93)	(89)	(79)
Provision for income taxes		5	2
Earnings (loss) from continuing operations	(93)	(84)	(77)
Loss from discontinued operations			3
Net earnings (loss)	(93)	(84)	(74)
Net earnings (loss) attributable to the Company	(93)	(84)	(74)
Comprehensive Income
Net earnings (loss)	(93)	(84)	(74)
Total comprehensive income (loss)	(93)	(84)	(74)
Comprehensive income (loss) attributable to the Company	(93)	(84)	(74)
Non-Guarantor Subsidiaries
Results of Operations
Net sales	5,081	5,130	5,521
Cost of goods sold	(4,063)	(4,083)	(4,419)
Gross profit	1,018	1,047	1,102
Research, engineering, selling, administrative, and other	(533)	(504)	(1,213)
Other interest expense	(111)	(120)	(148)
Interest income	10	9	11
Other equity earnings	51	49	57
Other revenue (expense)	(161)	(151)	(190)
Earnings (loss) from continuing operations before income taxes	274	330	(381)
Provision for income taxes	(113)	(103)	(86)
Earnings (loss) from continuing operations	161	227	(467)
Loss from discontinued operations	(10)	(2)	(2)
Net earnings (loss)	151	225	(469)
Net earnings attributable to noncontrolling interests	(13)	(34)	(20)
Net earnings (loss) attributable to the Company	138	191	(489)
Comprehensive Income
Net earnings (loss)	151	225	(469)
Other comprehensive income (loss)	(201)	(207)	(136)
Total comprehensive income (loss)	(50)	18	(605)
Comprehensive income attributable to noncontrolling interests	(7)	(42)	(20)
Comprehensive income (loss) attributable to the Company	(57)	(24)	(625)
Eliminations
Results of Operations
Net sales			(3)
Cost of goods sold			4
Gross profit			1
Equity earnings from subsidiaries	(491)	(532)	809
Earnings (loss) from continuing operations before income taxes	(491)	(532)	810
Earnings (loss) from continuing operations	(491)	(532)	810
Net earnings (loss)	(491)	(532)	810
Net earnings (loss) attributable to the Company	(491)	(532)	810
Comprehensive Income
Net earnings (loss)	(491)	(532)	810
Other comprehensive income (loss)	193	210	164
Total comprehensive income (loss)	(298)	(322)	974
Comprehensive income (loss) attributable to the Company	$ (298)	$ (322)	$ 974

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details 4) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Cash Flows
Cash provided by (used in) continuing operating activities	$ 858	$ 745	$ 675
Cash used in discontinued operating activities	(18)	(5)	(2)
Investing Activities:
Additions to property, plant and equipment	(361)	(290)	(285)
Acquisitions, net of cash acquired	(4)	(5)	(144)
Proceeds from sales and other	11	95	3
Net payments to fund minority partner loan	(16)	(21)
Deconsolidation of subsidiary	(32)
Cash utilized in investing activities	(402)	(221)	(426)
Financing Activities:
Net distribution to OI Inc.	(167)	(188)	(165)
Change in short term debt	8	(38)	80
Payments of long term debt	(1,040)	(402)	(1,797)
Borrowings of long term debt	768	119	1,465
Net payment for hedging activity	(24)	27	(22)
Contribution from noncontrolling interests	5	3
Noncontrolling dividends	(22)	(24)	(35)
Payment of finance fees	(7)	(1)	(19)
Cash utilized in financing activities	(479)	(504)	(493)
Effect of exchange rate change on cash	(7)	16	6
Increase (decrease) in cash	(48)	31	(240)
Cash at beginning of year	431	400	640
Cash at end of year	383	431	400
Parent
Cash Flows
Cash provided by (used in) continuing operating activities	8
Cash used in discontinued operating activities	(8)
Investing Activities:
Cash utilized in investing activities	(8)
Financing Activities:
Net distribution to OI Inc.	(167)	(188)	(165)
Change in intercompany transactions	167	188	165
Issuer
Cash Flows
Cash provided by (used in) continuing operating activities	375	148	289
Investing Activities:
Additions to property, plant and equipment	(111)	(73)	(38)
Acquisitions, net of cash acquired	(4)		(8)
Proceeds from sales and other		2
Cash utilized in investing activities	(115)	(71)	(46)
Financing Activities:
Change in intercompany transactions	(93)	(2)	86
Payments of long term debt	(384)	(185)	(1,262)
Borrowings of long term debt	217	110	933
Cash utilized in financing activities	(260)	(77)	(243)
Guarantor Subsidiaries
Cash Flows
Cash provided by (used in) continuing operating activities	(43)	(8)	(4)
Investing Activities:
Additions to property, plant and equipment	(1)	(1)	(5)
Cash utilized in investing activities	(1)	(1)	(5)
Financing Activities:
Change in intercompany transactions	74	(1)	(199)
Payments of long term debt	(13)	(1)	(1)
Cash utilized in financing activities	61	(2)	(200)
Increase (decrease) in cash	17	(11)	(209)
Cash at beginning of year	10	21	230
Cash at end of year	27	10	21
Non-Guarantor Subsidiaries
Cash Flows
Cash provided by (used in) continuing operating activities	520	649	319
Cash used in discontinued operating activities	(10)	(5)	(2)
Investing Activities:
Additions to property, plant and equipment	(249)	(216)	(242)
Acquisitions, net of cash acquired		(5)	(136)
Proceeds from sales and other	11	93	3
Net payments to fund minority partner loan	(16)	(21)
Deconsolidation of subsidiary	(32)
Cash utilized in investing activities	(286)	(149)	(375)
Financing Activities:
Change in intercompany transactions	(150)	(229)	17
Change in short term debt	8	(38)	80
Payments of long term debt	(643)	(216)	(534)
Borrowings of long term debt	551	9	534
Net payment for hedging activity	(24)	27	(22)
Contribution from noncontrolling interests	5	3
Noncontrolling dividends	(22)	(24)	(35)
Payment of finance fees	(7)	(1)	(19)
Cash utilized in financing activities	(282)	(469)	21
Effect of exchange rate change on cash	(7)	16	6
Increase (decrease) in cash	(65)	42	(31)
Cash at beginning of year	421	379	410
Cash at end of year	356	421	379
Eliminations
Cash Flows
Cash provided by (used in) continuing operating activities	(2)	(44)	71
Financing Activities:
Change in intercompany transactions	2	44	(69)
Borrowings of long term debt			(2)
Cash utilized in financing activities	$ 2	$ 44	$ (71)

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Allowances for losses and discounts on receivables
Reserves deducted from assets in the balance sheets:
Balance at beginning of period	$ 41	$ 38	$ 40
Additions
Charged to costs and expenses/charged to income	11	17	8
Other/Charged to other comprehensive income	(5)	(5)	(6)
Deductions	(8)	(9)	(4)
Balance at end of period	39	41	38
Valuation allowance on net deferred tax assets
Reserves deducted from assets in the balance sheets:
Balance at beginning of period	1,010	1,012	910
Additions
Charged to costs and expenses/charged to income	(14)	(61)	(43)
Other/Charged to other comprehensive income	(187)	(10)	89
Foreign currency translation	(7)	3	(1)
Other	31	66	57
Balance at end of period	$ 853	$ 1,010	$ 1,012

Business Combinations (Details) (VDL, USD $) In Millions, unless otherwise specified	0 Months Ended
	May 31, 2011
VDL
Business Combinations
Total consideration	$ 140

Significant Accounting Policies (Details 2)	12 Months Ended
Significant Accounting Policies (Details 2)	Dec. 31, 2013
Factory machinery and equipment \| Minimum
Property, Plant and Equipment
Estimated useful lives	5 years
Factory machinery and equipment \| Maximum
Property, Plant and Equipment
Estimated useful lives	25 years
Glass-melting furnaces and forming machines \| Minimum
Property, Plant and Equipment
Estimated useful lives	7 years
Glass-melting furnaces and forming machines \| Maximum
Property, Plant and Equipment
Estimated useful lives	15 years
Buildings and building equipment \| Minimum
Property, Plant and Equipment
Estimated useful lives	10 years
Buildings and building equipment \| Maximum
Property, Plant and Equipment
Estimated useful lives	50 years