Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - OWENS-ILLINOIS GROUP INC | ow-20170331ex32245ce4f.htm |
| EX-32.1 - EX-32.1 - OWENS-ILLINOIS GROUP INC | ow-20170331ex32154ed27.htm |
| EX-31.2 - EX-31.2 - OWENS-ILLINOIS GROUP INC | ow-20170331ex312a602db.htm |
| EX-31.1 - EX-31.1 - OWENS-ILLINOIS GROUP INC | ow-20170331ex3115efe80.htm |
| EX-10.2 - EX-10.2 - OWENS-ILLINOIS GROUP INC | ow-20170331ex10270e598.htm |
| EX-10.1 - EX-10.1 - OWENS-ILLINOIS GROUP INC | ow-20170331ex1017e02aa.htm |
| 10-Q - 10-Q - OWENS-ILLINOIS GROUP INC | ow-20170331x10q.htm |
EXHIBIT 12
OWENS-ILLINOIS GROUP, 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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2017 |
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2016 |
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Earnings from continuing operations before income taxes |
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$ |
73 |
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$ |
101 |
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Less: Equity earnings |
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(15) |
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(14) |
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Add: Total fixed charges deducted from earnings |
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82 |
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69 |
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Dividends received from equity investees |
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3 |
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3 |
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Earnings available for payment of fixed charges |
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$ |
143 |
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$ |
159 |
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Fixed charges |
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Interest expense |
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$ |
81 |
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$ |
68 |
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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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$ |
82 |
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$ |
69 |
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Ratio of earnings to fixed charges |
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1.7 |
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2.3 |
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