Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - O-I Glass, Inc. /DE/ | oi-20180331x10q.htm |
| EX-32.2 - EX-32.2 - O-I Glass, Inc. /DE/ | oi-20180331ex322a5fd18.htm |
| EX-32.1 - EX-32.1 - O-I Glass, Inc. /DE/ | oi-20180331ex3216a7d20.htm |
| EX-31.2 - EX-31.2 - O-I Glass, Inc. /DE/ | oi-20180331ex312793f75.htm |
| EX-31.1 - EX-31.1 - O-I Glass, Inc. /DE/ | oi-20180331ex311029b35.htm |
EXHIBIT 12
OWENS-ILLINOIS, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
|
|
|
Three months ended March 31 |
|
||||
|
|
|
2018 |
|
2017 |
|
||
|
|
|
|
|
|
|
||
|
Earnings from continuing operations before income taxes |
|
$ |
135 |
|
$ |
73 |
|
|
Less: Equity earnings |
|
|
(17) |
|
|
(15) |
|
|
Add: Total fixed charges deducted from earnings |
|
|
65 |
|
|
82 |
|
|
Dividends received from equity investees |
|
|
30 |
|
|
3 |
|
|
|
|
|
|
|
|
|
|
|
Earnings available for payment of fixed charges |
|
$ |
213 |
|
$ |
143 |
|
|
|
|
|
|
|
|
|
|
|
Fixed charges |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
$ |
64 |
|
$ |
81 |
|
|
Portion of operating lease rental deemed to be interest |
|
|
1 |
|
|
1 |
|
|
|
|
|
|
|
|
|
|
|
Total fixed charges deducted from earnings and fixed charges |
|
$ |
65 |
|
$ |
82 |
|
|
|
|
|
|
|
|
|
|
|
Ratio of earnings to fixed charges |
|
|
3.3 |
|
|
1.7 |
|