Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - O-I Glass, Inc. /DE/ | oi-20170630ex322b912d1.htm |
| EX-32.1 - EX-32.1 - O-I Glass, Inc. /DE/ | oi-20170630ex3216813f2.htm |
| EX-31.2 - EX-31.2 - O-I Glass, Inc. /DE/ | oi-20170630ex312be48f6.htm |
| EX-31.1 - EX-31.1 - O-I Glass, Inc. /DE/ | oi-20170630ex311d84236.htm |
| 10-Q - 10-Q - O-I Glass, Inc. /DE/ | oi-20170630x10q.htm |
EXHIBIT 12
OWENS-ILLINOIS, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
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Six months ended June 30 |
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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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$ |
224 |
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$ |
242 |
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Less: Equity earnings |
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(33) |
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(29) |
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Add: Total fixed charges deducted from earnings |
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148 |
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139 |
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Dividends received from equity investees |
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24 |
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23 |
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Earnings available for payment of fixed charges |
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$ |
363 |
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$ |
375 |
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Fixed charges |
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Interest expense |
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$ |
146 |
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$ |
136 |
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Portion of operating lease rental deemed to be interest |
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2 |
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3 |
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Total fixed charges deducted from earnings and fixed charges |
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$ |
148 |
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$ |
139 |
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Ratio of earnings to fixed charges |
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2.5 |
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2.7 |
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