Attached files
file | filename |
---|---|
10-Q - 10-Q - O-I Glass, Inc. /DE/ | oi-20150930x10q.htm |
EX-32.1 - EX-32.1 - O-I Glass, Inc. /DE/ | oi-20150930ex32198fbe4.htm |
EX-31.1 - EX-31.1 - O-I Glass, Inc. /DE/ | oi-20150930ex311c03716.htm |
EX-4.4 - EX-4.4 - O-I Glass, Inc. /DE/ | oi-20150930ex44ee48c50.htm |
EX-32.2 - EX-32.2 - O-I Glass, Inc. /DE/ | oi-20150930ex3225aa584.htm |
EX-4.2 - EX-4.2 - O-I Glass, Inc. /DE/ | oi-20150930ex424c18f23.htm |
EX-31.2 - EX-31.2 - O-I Glass, Inc. /DE/ | oi-20150930ex31235f044.htm |
OWENS-ILLINOIS, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
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Nine months ended September 30, |
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2015 |
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2014 |
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Earnings from continuing operations before income taxes |
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$ |
220 |
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$ |
404 |
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Less: Equity earnings |
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(46) |
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(48) |
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Add: Total fixed charges deducted from earnings |
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194 |
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165 |
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Dividends received from equity investees |
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13 |
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44 |
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Earnings available for payment of fixed charges |
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$ |
381 |
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$ |
565 |
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Fixed charges |
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Interest expense |
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$ |
192 |
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$ |
164 |
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Portion of operating lease rental deemed to be interest |
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2 |
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1 |
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Total fixed charges deducted from earnings and fixed charges |
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$ |
194 |
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$ |
165 |
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Ratio of earnings to fixed charges |
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2.0 |
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3.4 |
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