Attached files
file | filename |
---|---|
EX-31.1 - EX-31.1 - O-I Glass, Inc. /DE/ | oi-20160331ex311652ba3.htm |
EX-32.2 - EX-32.2 - O-I Glass, Inc. /DE/ | oi-20160331ex32294c1e5.htm |
EX-31.2 - EX-31.2 - O-I Glass, Inc. /DE/ | oi-20160331ex312cbf16c.htm |
EX-32.1 - EX-32.1 - O-I Glass, Inc. /DE/ | oi-20160331ex321e4aecb.htm |
10-Q - 10-Q - O-I Glass, Inc. /DE/ | oi-20160331x10q.htm |
OWENS-ILLINOIS, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
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Three months ended March 31, |
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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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$ |
101 |
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$ |
100 |
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Less: Equity earnings |
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(14) |
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(15) |
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Add: Total fixed charges deducted from earnings |
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69 |
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50 |
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Earnings available for payment of fixed charges |
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$ |
156 |
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$ |
135 |
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Fixed charges |
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Interest expense |
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$ |
68 |
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$ |
49 |
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Portion of operating lease rental deemed to be interest |
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1 |
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1 |
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Total fixed charges deducted from earnings and fixed charges |
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$ |
69 |
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$ |
50 |
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Ratio of earnings to fixed charges |
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2.3 |
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2.7 |
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