Attached files
file | filename |
---|---|
EXCEL - IDEA: XBRL DOCUMENT - O-I Glass, Inc. /DE/ | Financial_Report.xls |
EX-31.1 - EX-31.1 - O-I Glass, Inc. /DE/ | a15-6824_1ex31d1.htm |
EX-32.1 - EX-32.1 - O-I Glass, Inc. /DE/ | a15-6824_1ex32d1.htm |
EX-31.2 - EX-31.2 - O-I Glass, Inc. /DE/ | a15-6824_1ex31d2.htm |
EX-32.2 - EX-32.2 - O-I Glass, Inc. /DE/ | a15-6824_1ex32d2.htm |
10-Q - 10-Q - O-I Glass, Inc. /DE/ | a15-6824_110q.htm |
EXHIBIT 12
OWENS-ILLINOIS, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
|
|
Three months ended March 31, |
| ||||
|
|
2015 |
|
2014 |
| ||
|
|
|
|
|
| ||
Earnings from continuing operations before income taxes |
|
$ |
100 |
|
$ |
134 |
|
Less: Equity earnings |
|
(15 |
) |
(16 |
) | ||
Add: Total fixed charges deducted from earnings |
|
50 |
|
56 |
| ||
Dividends received from equity investees |
|
|
|
14 |
| ||
|
|
|
|
|
| ||
Earnings available for payment of fixed charges |
|
$ |
135 |
|
$ |
188 |
|
|
|
|
|
|
| ||
Fixed charges |
|
|
|
|
| ||
|
|
|
|
|
| ||
Interest expense |
|
$ |
49 |
|
$ |
55 |
|
Portion of operating lease rental deemed to be interest |
|
1 |
|
1 |
| ||
|
|
|
|
|
| ||
Total fixed charges deducted from earnings and fixed charges |
|
$ |
50 |
|
$ |
56 |
|
|
|
|
|
|
| ||
Ratio of earnings to fixed charges |
|
2.7 |
|
3.4 |
|