21
APRIL 29, 2021 FIRST QUARTER 2021 EARNINGS
APRIL 29 2021
FIRST QUARTER 2021 EARNINGS
SAFE HARBOR COMMENTSFORWARD-LOOKING STATEMENTS
This presentation contains ldquoforward-lookingrdquo statements related to O-I Glass Inc (the ldquocompanyrdquo) within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended (the ldquoExchange Actrdquo) and Section 27A of the Securities Act of 1933 Forward-looking statements reflect the companyrsquos current expectations and projections about future events at the time and thus involve uncertainty and risk The words ldquobelieverdquo ldquoexpectrdquo ldquoanticipaterdquo ldquowillrdquo ldquocouldrdquo ldquowouldrdquo ldquoshouldrdquo ldquomayrdquo ldquoplanrdquo ldquoestimaterdquo ldquointendrdquo ldquopredictrdquo ldquopotentialrdquo ldquocontinuerdquo and the negatives of these words and other similar expressions generally identify forward-looking statements
It is possible that the companyrsquos future financial performance may differ from expectations due to a variety of factors including but not limited to the following (1) the risk that the proposed plan of reorganization may not be approved by the bankruptcy court or that other conditions necessary to implement the agreement in principle may not be satisfied (2) the actions and decisions of participants in the bankruptcy proceeding and the actions and decisions of third parties including regulators that may have an interest in the bankruptcy proceedings (3) the terms and conditions of any reorganization plan that may ultimately be approved by the bankruptcy court (4) delays in the confirmation or consummation of a plan of reorganization due to factors beyond the companyrsquos and Paddockrsquos control (5) risks with respect to the receipt of the consents necessary to effect the reorganization (6) risks inherent in and potentially adverse developments related to the bankruptcy proceeding that could adversely affect the company and the companyrsquos liquidity or results of operations (7) the impact of the COVID-19 pandemic and the various governmental industry and consumer actions related thereto (8) the companyrsquos ability to obtain the benefits it anticipates from the corporate modernization (9) the companyrsquos ability to manage its cost structure including its success in implementing restructuring or other plans aimed at improving the companyrsquos operating efficiency and working capital management achieving cost savings and remaining well-positioned to address Paddockrsquos legacy liabilities (10) the companyrsquos ability to acquire or divest businesses acquire and expand plants integrate operations of acquired businesses and achieve expected benefits from acquisitions divestitures or expansions (11) the companyrsquos ability to achieve its strategic plan (12) the companyrsquos ability to improve its glass melting technology known as the MAGMA program (13) foreign currency fluctuations relative to the US dollar (14) changes in capital availability or cost including interest rate fluctuations and the ability of the company to refinance debt on favorable terms (15) the general political economic and competitive conditions in markets and countries where the company has operations including uncertainties related to Brexit economic and social conditions disruptions in the supply chain competitive pricing pressures inflation or deflation changes in tax rates and laws natural disasters and weather (16) the companyrsquos ability to generate sufficient future cash flows to ensure the companyrsquos goodwill is not impaired (17) consumer preferences for alternative forms of packaging (18) cost and availability of raw materials labor energy and transportation (19) consolidation among competitors and customers (20) unanticipated expenditures with respect to data privacy environmental safety and health laws (21) unanticipated operational disruptions including higher capital spending (22) the companyrsquos ability to further develop its sales marketing and product development capabilities (23) the failure of the companyrsquos joint venture partners to meet their obligations or commit additional capital to the joint venture (24) the ability of the company and the third parties on which it relies for information technology system support to prevent and detect security breaches related to cybersecurity and data privacy (25) changes in US trade policies and the other risk factors discussed in the companyrsquos Annual Report on Form 10-K for the year ended December 31 2020 and any subsequently filed Annual Report on Form 10-K Quarterly Reports on Form 10-Q or the companyrsquos other filings with the Securities and Exchange Commission
It is not possible to foresee or identify all such factors Any forward-looking statements in this document are based on certain assumptions and analyses made by the company in light of its experience and perception of historical trends current conditions expected future developments and other factors it believes are appropriate in the circumstances Forward-looking statements are not a guarantee of future performance and actual results or developments may differ materially from expectations While the company continually reviews trends and uncertainties affecting the companyrsquos results or operations and financial condition the company does not assume any obligation to update or supplement any particular forward-looking statements contained in this document
3
OVERVIEW
RESULTS CONSISTENT WITH GUIDANCE DESPITE SEVERE WEATHERbull 1Q21 aEPS1 was $035 compared to original guidance of $032 ndash $037
FAVORABLE UNDERLYING PERFORMANCE ACROSS BUSINESS LEVERSbull Benefit of higher price offset cost inflation excluding weather related energy surchargesbull 1Q21 shipments in-line with PY (up 15 excluding impact of severe weather affecting US Mexico)bull Continued strong operating performance and positive impact of margin expansion initiativesbull Cash flow favorable to historic trends reflects strong working capital managementbull Preference for glass as the healthy premium and sustainable option for Food and Beverage
ADVANCING BOLD PLAN TO CHANGE O-IrsquoS BUSINESS FUNDAMENTALSbull Step change in ability to consistently perform and deliver on commitmentsbull Successfully advancing breakthrough innovations like MAGMA to revolutionize glassbull Removing historic asbestos liability constraints through Paddockrsquos agreement in principle for a
consensual plan of reorganization3
bull At an inflection with increased stability and agility enabling a new period of prosperity for O-I
STRATEGY IMPROVING BUSINESS OUTLOOKbull 2Q21 aEPS expected to be $045 ndash $050 versus $001 in prior yearbull Reiterate FY21 guidance $155 - $175 aEPS ~ $240M FCF3
1 Adjusted EPS excludes items management does not consider representative of ongoing operations See the appendix for further disclosure2 On April 26 2021 O-I announced that its subsidiary Paddock Enterprises LLC had reached an agreement in principle to accept the terms of a mediatorrsquos
proposal regarding a consensual plan of reorganization under the Bankruptcy Code The agreement provides for total consideration of $610 million to fund a trust on the effective date of a plan of reorganization subject to definitive documentation and satisfaction of certain conditions
3 Management defines free cash flow as cash provided by continuing operating activities less cash paid for property plant and equipment (all components as determined in accordance with GAAP) See the appendix for further disclosure
4
SHIPMENTS STABILIZE ACROSS ALL GEOGRAPHIES
-20
-15
-10
-5
0
5
1Q20 2Q20 3Q20 4Q20 1Q21
O-I SHIPMENT TRENDS (VS PY)
O-I AM EU
Note Volumes are on a year over year and same structure basis excluding ANZ
O-I and Americas up ~15 excluding impact of severe
weather
100111
103100
51
108
0
25
50
75
100
125
150
Pre-Pandemic Pandemic Post-Pandemic
Con
sum
ptio
n In
dex
Retail On Premise
Source Barclays
EST FOOD amp BEV CONSUMPTION TRENDS BY CHANNEL
Pandemic disruption
EXPECTED VOLUME GROWTH ge 15 1Q21 3 ndash 4 FY21
5
ADVANCING BOLD PLAN TO CHANGE BUSINESS FUNDAMENTALS
ENABLING A NEW PERIOD OF PROSPERITY
2021 PRIORITIES 1Q21 HIGHLIGHTS
❶ MARGIN EXPANSION ndash STRONG OPERATING PERFORMANCE AND COST EFFICIENCIES
$50M gross initiative benefits $35M benefits YTD accelerated activity given severe weather
Improve performance in North America Quick response to severe weather illustrates improved agility
❷ REVOLUTIONIZE GLASS ndash CREATE A NEW BUSINESS MODEL FOR GLASS PACKAGING
Validate MAGMA Gen 1 in Germany Successful start-up of Holzminden MAGMA line
Glass advocacy campaign Approximately 110 million impressions on digital marketing campaign
Reposition ESG Expanded initiatives doubled goals 2021 Sustainability report Q3
❸ OPTIMIZE STRUCTURE ndash REBALANCE BUSINESS PORTFOLIO AND IMPROVE BALANCE SHEET
Advance O-Irsquos $115B divestiture program $900M completed to-date additional $50M land sales in advanced stages
Evaluate expansion opportunities Announced $75M investment in Andean funded by additional divestitures
Increase cash flow and reduce debt Favorable YTD FCF compared to historic trends favorable working capital
Further efforts for a simple agile organization Entered a strategic partnership for managed services
Advance Paddock Enterprises LLC Chapter 11 524(g) case Agreement in principle reached for Paddockrsquos consensual plan of reorganization1
1 On April 26 2021 O-I announced that its subsidiary Paddock Enterprises LLC had reached an agreement in principle to accept the terms of a mediatorrsquos proposal regarding a consensual plan of reorganization under the Bankruptcy Code The agreement provides for total consideration of $610 million to fund a trust on the effective date of a plan of reorganization subject to definitive documentation and satisfaction of certain conditions
6
In a world where SUSTAINABILITY is more important than ever we are proud to make an inherently SUSTAINABLE product
bull Made from four basic natural inert ingredients
bull Does not impact the productrsquos taste or integrity
bull Only food contact material lsquoGenerally Recognized as Safersquo by US Food and Drug Administration
bull 100 percent recyclable ndash endlessly ndash into new food-safe glass packaging
bull Very circular ndash majority of containers recycled into new containers
bull Reusable and refillable up to 25x
bull Wonrsquot harm the earth or oceans
SURVEY OF CONSUMER VIEWS ON SUSTAINABILITY OF PACKAGING SUBSTRATES
Source McKinsey and Company ldquoSustainability in packaging Inside the minds of global consumersrdquo (2020)
GLASS THE WORLDrsquoS MOST SUSTAINABLE PACKAGE
CONSUMERS VIEW GLASS AS HIGHLY SUSTAINABLE
7
1Q21 aEPS WAS $035 VS $041 IN PY AND $032 ndash $037 GUIDANCEbull At mid-point of guidance rangebull Benefit of margin expansion initiatives substantially offset impact of severe weather in USMX
SEGMENT OPERATING PROFIT IN LINE WITH PY DESPITE WEATHERbull Est $40M impact from severe weather ‒ Energy surcharge cost inflation ($20M) lower sales vol ($8M) and lower production vol ($12M)
bull $35M benefit from margin expansion initiatives accelerated given weather issuesbull Cost inflation exceeded higher selling prices due to weather related energy surchargesbull Sales volume flat (up ~ 15 vs PY excluding impact of severe weather)bull Good operating performance ‒ Margin expansion initiatives (Factory Performance and Cost Transformation)‒ Short term measures to help mitigate weather impact‒ Lower production volume due to severe weather
NON-OPERATING ITEMSbull Slightly higher retained corporate cost Additional RampD mostly offset by cost reductionbull Adjusted effective tax rate5 ~29 1Q21 actual ~27 1Q20 actual ~30 1Q21 guidance
1Q21 RESULTSEARNINGS IN LINE WITH ORIGINAL GUIDANCE
1 Segment operating profit is defined as consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs and the Companyrsquos global equipment business See the appendix for further disclosure
2 Foreign currency effect determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
3 Divestitures include Argentina and ANZ4 Net price represents the net impact of movement in selling prices and cost inflation 5 Adjusted effective tax rate exclude certain items that management considers not representative of
ongoing operations
SEGMENT OPERATING PROFIT1 ($M) aEPS
1Q20 AS REPORTED $176 $041
FX2 10 000
Divestitures (primarily ANZ3) (12) (005)
SUBTOTAL $174 $036
Net price4 (incl cost inflation) (20) (009)
Volume and mix (incl acquisitions) 2 001
Operating costs (excl cost inflation) 19 009
Retained corporate costs mdash (001)
Net interest expense NCI mdash 000
Change in tax rate5 mdash (001)
Share count mdash 000
1Q21 RESULTS $175 $035
8
1Q21 SEGMENT REVIEWHIGHER PROFITS IN EUROPE WHILE AMERICAS IMPACTED BY SEVERE WEATHER
AMERICAS EUROPE ASIA PACIFIC1
($M)
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
1Q20 $103 $61 $12
FX 4 6 mdash
Divestitures mdash mdash (12) ANZ sale
SUBTOTAL $107 $67 $0
Net price(incl cost inflation) (17)
Est $20M energy surcharge (weather)
Constructive price environmentbull Revenue Optimization
(3)
Moderate inflation Constructive price
environmentbull Revenue Optimization
mdash
Volume and mix(incl acquisitions) (1) Sales volume down 13
(up 15 excl weather) 3 Sales volume up 20 mdash
Operating costs(excl cost inflation) 11
Margin expansion initiativesbull Factory Performancebull Cost Transformation
Short term measures to mitigate weather impact
Impact of severe weather
8
Margin expansion initiativesbull Factory Performancebull Cost Transformation mdash
1Q21 $100 $75 $0
1 Following the sale of ANZ on July 31 2020 the remaining businesses in the Asia Pacific region do not meet the criteria of an individually reportable segment Therefore the results for the companyrsquos remaining Asia businesses will be included in retained corporate and other costs following that date
9
(149)
(435)
112 205 264
(716)
(179)
316
561
(800)
(400)
0
400
800
1Q 2Q 3Q 4Q
($M
)
FCF Progression
2021 2020 2019
2021 FCF AND CAPITAL STRUCTURE
GUIDING PRINCIPLE PROGRESS
Maximize Free Cash Flow1
FY21 FCF ~ $240M (20-25 conversion)
DSODPOIDS flat or fav with PY1Q21 FCF ($149)M vs ($435)M in PY1Q21 IDS 11 days below PY
Preserve Strong Liquidity
Liquidity ge $125B across 2021 1Q21 committed liquidity ~ $21B
Reduce Net Debt2
FYE21 Net Debt lt $44B3
FYE21 BCA leverage ratio ldquohigh 3srdquo3
Divestitures for further deleveraging
1Q21 Net Debt ~ $900M below 1Q201Q21 BCA leverage ratio4 well below covenantFinal ANZ proceeds received ($58M in 1Q21)
De-Risk Legacy Liabilities
Advance Paddock Chapter 11 524(g) case Agreement in principle for a consensual plan of reorganization$610M mill total consideration to fund a section 524(g) trust on effective date of a confirmed plan of reorganization
FY21 FCF1 AND NET DEBT2
FAVORABLE TO PYHIGHER FCF AND LOWER NET DEBT
46
55 54
4846
56
60
56
50
40
45
50
55
60
65
1Q 2Q 3Q 4Q
($B)
Net Debt Progression
2021 2020 20191 Management defines free cash flow as cash provided by continuing operating activities less cash paid for property plant and
equipment (all components as determined in accordance with GAAP) See the appendix for further disclosure2 Net Debt is defined as Total Debt less Cash See appendix for further disclosure3 2021 targets exclude any potential impact of Paddock 524(g) funding in the event reorganization is completed prior to FYE214 BCA leverage ratio is defined as Net Debt divided by EBITDA after credit agreement adjustments
10
2021 BUSINESS OUTLOOK
2Q21 GUIDANCE $045 ndash $050 aEPS COMPARED TO $001 IN PY
bull Prior year results reflected significant disruption due to the onset of the pandemicbull Higher selling prices should mostly offset inflation which is beginning to normalizebull Expect improved volumes sales volume up ge 15 production up ge 20bull Continued solid operating performance but prior period temporary benefits donrsquot repeat
REITERATE FY21 GUIDANCE $155 ndash $175 aEPS AND ~ $240M FCF
bull Reiterate despite 1Q21 headwinds including severe weatherbull 20-25 FCF conversion
2021 INVESTOR DAY EXPECTED MID-SEPTEMBER
bull Updated strategybull MAGMA value analysis and initial deployment approachbull Share company targets and milestones
IMPROVING OUTLOOK AS MARKETS STABILIZE AND RECOVER
2Q2Q20 AS REPORTED $001
FX1 $000
Divestitures2 ($001)
SUBTOTAL $000
Net price3
(incl cost inflation) Volume and mix(incl acquisitions) Vol up ge 15
Operating costs(excl cost inflation) Production up ge 20
Prior period benefits donrsquot repeat
Retained corp costs RampD Incentives
Net interest exp NCI Change in tax rate4 ~ 30 tax rate
Share count 2Q21 GUIDANCE $045 ndash $050
2Q21 EARNINGS OUTLOOK (aEPS)
1 Foreign currency effect determined by using March 31 2021 foreign currency exchange rates to translate 2020 local currency results2 Divestiture of ANZ and Argentina net of lower interest expense due to debt reduction Excludes factoring impact3 Net price represents the net impact of movement in selling prices and cost inflation 4 Adjusted effective tax rate exclude certain items that management considers not representative of ongoing operations
11
CONCLUSION
1Q21 results in line with guidance despite weather issues
Fav underlying performance across all business levers
Advancing bold plan to change O-Irsquos business fundamentals
Improving business outlook and volume growth
FINANCIAL APPENDIX
13
1Q21 SEGMENT FX IMPACT ON EARNINGS
APPROXIMATE ANNUAL IMPACT ON FX RATES AT KEY POINTSEPS FROM 10 FX CHANGE Apr 27st AVG Avg Avg
2021 1Q21 2020 2Q20EUR 009 EUR 121 120 115 111 MXN 003 MXN 2004 2064 2156 2298 BRL 003 BRL 545 558 521 538 COP 001 COP 3716 3627 3715 3791
14
NON-GAAP FINANCIAL MEASURES
The company uses certain non-GAAP financial measures which are measures of its historical or future financial performance that are not calculated and presented in accordance with GAAP within the meaning of applicable SEC rules Management believes that its presentation and use of certain non-GAAP financial measures including adjusted earnings adjusted earnings per share segment operating profit net debt free cash flow adjusted EBITDA adjusted EBITDA to free cash flow conversion adjusted interest expense and adjusted effective tax rate provide relevant and useful supplemental financial information that is widely used by analysts and investors as well as by management in assessing both consolidated and business unit performance These non-GAAP measures are reconciled to the most directly comparable GAAP measures and should be considered supplemental in nature and should not be considered in isolation or be construed as being more important than comparable GAAP measures
Adjusted earnings relates to net earnings from continuing operations attributable to the company exclusive of items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Adjusted earnings are divided by weighted average shares outstanding (diluted) to derive adjusted earnings per share Segment operating profit relates to earnings from continuing operations before interest expense net and before income taxes and is also exclusive of items management considers not representative of ongoing operations as well as certain retained corporate costs Management uses adjusted earnings adjusted earnings per share and segment operating profit to evaluate its period-over-period operating performance because it believes these provide useful supplemental measures of the results of operations of its principal business activity by excluding items that are not reflective of such operations Adjusted earnings adjusted earnings per share and segment operating profit may be useful to investors in evaluating the underlying operating performance of the companyrsquos business as these measures eliminate items that are not reflective of its principal business activity
Net debt is defined as total debt less cash Management uses net debt to analyze the liquidity of the company
Further free cash flow relates to cash provided by continuing operating activities less cash payments for property plant and equipment Management has historically used free cash flow to evaluate its period-over-period cash generation performance because it believes this has provided a useful supplemental measure related to its principal business activity Adjusted EBITDA relates to net earnings from continuing operations attributable to the company less interest taxes depreciation and amortization as well as items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Free cash flow to adjusted EBITDA conversion may be useful to investors to assist in understanding the comparability of cash flows generated by the companyrsquos principal business activity It should not be inferred that the entire free cash flow amount is available for discretionary expenditures since the company has mandatory debt service requirements and other non-discretionary expenditures that are not deducted from the measure Management uses non-GAAP information principally for internal reporting forecasting budgeting and calculating compensation payments
The Company routinely posts important information on its website at o-icominvestors
15
RECONCILIATION TO EARNINGS BEFORE INCOME TAXES
Unaudited2021 2020
Net sales Americas 837$ 831$ Europe 639 576 Asia Pacific - 123 Reportable segment totals 1476 1530
Other 24 31 Net sales 1500$ 1561$
Segment operating profit (a)
Americas 100$ 103$ Europe 75 61 Asia Pacific - 12
Reportable segment totals 175 176
Items excluded from segment operating profit Retained corporate costs and other (35) (28) Charge related to Paddock support agreement liability (154) Charge for deconsolidation of Paddock (14)
Interest expense net (51) (53) Earnings (loss) before income taxes (65)$ 81$
Ratio of earnings before income taxes to net sales -43 52
Segment operating profit margin (b)
Americas 119 124 Europe 117 106 Asia Pacific - 98
Reportable segment margin totals 119 115
(a)
(b) Segment operating profit margin is segment operating profit divided by segment net sales
Three months ended March 31
The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources
Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs
16
SEGMENT RECONCILIATIONS
1Q PRICE VOLUME AND CURRENCY IMPACT ON REPORTABLE SEGMENT SALES
1Q PRICE SALES VOLUME OPERATING COSTS AND CURRENCY IMPACT ON REPORTABLE SEGMENT OPERATING PROFIT
(a) Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
Americas Europe Asia Pacific Total
Net sales for reportable segments- 1Q20 831$ 576$ 123$ 1530$ Effects of changing foreign currency rates (a) (13) 48 35 Price 26 2 28 Sales volume amp mix (3) 13 10 Divestitures (4) (123) (127)
Total reconciling items 6 63 (123) (54) Net sales for reportable segments- 1Q21 837$ 639$ -$ 1476$
Three months ended March 31
Americas Europe Asia Pacific TotalSegment operating profit - 1Q20 103$ 61$ 12$ 176$
Effects of changing foreign currency rates (a) 4 6 10 Net price (net of cost inflation) (17) (3) (20) Sales volume amp mix (1) 3 2 Operating costs 11 8 19 Divestitures (12) (12)
Total reconciling items (3) 14 (12) (1) Segment operating profit - 1Q21 100$ 75$ -$ 175$
Three months ended March 31
17
RECONCILIATION FOR NET DEBT
Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019 Dec 31 2021
Total debt 5348$ 6398$ 6507$ 5375$ 5142$ 5911$ 6331$ 5888$ 5559$ 4900$ Cash and cash equivalents 742 891 1067 606 563 326 371 273 551 500 Net Debt 4606$ 5507$ 5440$ 4769$ 4579$ 5585$ 5960$ 5615$ 5008$ 4400$
Three Months Ended
18
EBITDA AND FREE CASH FLOW RECONCILIATIONS
RECONCILIATION TO FREE CASH FLOW Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019
Dec 31 2020
Dec 31 2019 Dec 31 2021
Cash provided by (utilized in) operating activities (56)$ (315)$ 181$ 262$ 329$ (595)$ (67)$ 416$ 654$ 457$ 408$ 615$ Cash payments for property plant and equipment (93) (120) (69) (57) (65) (121) (112) (100) (93) (311) (426) (375) Free cash flow (non-GAAP) (149)$ (435)$ 112$ 205$ 264$ (716)$ (179)$ 316$ 561$ 146$ (18)$ 240$
Three Months Ended Year Ended
RECONCILIATION TO EBIDTAThe Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measures earnings (loss) from operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings (loss) from operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) from operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
19
RECONCILIATION FOR ADJUSTED EFFECTIVE TAX RATE
Unaudited Three Months Ended Three Months EndedMarch 31 2021 March 31 2020
(65)$ 81$ Items management considers not representative of ongoing operations 154 14
89$ 95$
Benefit (Provision) for income taxes (B) (26)$ (26)$ Tax items management considers not representative of ongoing operations - - Adjusted benefit (provision) for income taxes (D) (26)$ (26)$
Effective Tax Rate (B)(A) -400 321Adjusted Effective Tax Rate (D)(C) 292 274
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) before income taxes because management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss)before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted effective tax rate to earnings (loss) before income taxes divided by provision for income taxes or address the probable significance of the unavailable information which could be material to the Companys future financial results
Adjusted Earnings (loss) before income taxes (C)
Earnings before income taxes (A)
20
RECONCILIATION FOR ADJUSTED EARNINGS
The reconciliation below describes the items that management considers not representative of ongoing operationsUnaudited
March 31 2021 March 31 2020
(97)$ 50$ Items impacting other expense net
Charge related to Paddock support agreement liability 154Charge for deconsolidation of Paddock 14
Total adjusting items (non-GAAP) 154$ 14$
Adjusted earnings (non-GAAP) 57$ 64$
Diluted average shares (thousands) 157571 157684
Net earnings (loss) attributable to the Company (diluted) (062)$ 032$ Adjusted earnings per share (non-GAAP) (a) 035$ 041$
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
Net earnings (loss) attributable to the Company
Three months ended
21
RECONCILIATION FOR 2Q20 ADJUSTED EARNINGS
Unaudited
Three months ended
June 302020
(101)$ Items impacting other expense net
Restructuring asset impairment and other charges 71 Strategic transaction costs 4 Pension settlement charges 8
Items impacting interest expenseCharges for note repurchase premiums and write-off of finance fees 38
Items impacting income taxNet benefit for income tax on items above (19)
Total adjusting items (non-GAAP) 102$
Adjusted earnings (non-GAAP) 1$
Diluted average shares (thousands) 156790
Earnings (loss) per share from continuing operations (diluted) (064)$
Adjusted earnings per share (non-GAAP) (a) 001$
Earnings (loss) from continuing operations attributable to the Company
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 158327 for the three months ended June 30 2020
| OWENS-ILLINOIS INC | ||||||||||||||||||||||
| Reconciliation to Adjusted Earnings and Constant Currency | ||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||
| Unaudited | Three months ended December 31 | Nine months ended Sept 30 | Six months ended June 30 | |||||||||||||||||||
| 2016 | 2014 | 2015 | 2014 | 2015 | 2014 | |||||||||||||||||
| Earnings from continuing operations attributable to the Company | $ (70) | $ 61 | $ 131 | $ 297 | $ 113 | $ 236 | ||||||||||||||||
| Items management considers not representative of ongoing operations | ||||||||||||||||||||||
| Restructuring asset impairment and other charges | 110 | |||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (64) | 71 | 64 | 71 | 22 | - 0 | ||||||||||||||||
| Pension settlement charges | 98 | |||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 9 | |||||||||||||||||||||
| Net expense for income tax on items above | 6 | |||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (8) | (1) | (1) | |||||||||||||||||||
| Total adjusting items | 151 | 70 | 64 | 70 | 55 | - 0 | ||||||||||||||||
| Adjusted earnings | $ 81 | $ 131 | $ 195 | $ 367 | $ 168 | $ 236 | ||||||||||||||||
| Currency effect on earnings (1) | $ 2 | $ (24) | $ (68) | $ (44) | ||||||||||||||||||
| Adjusted earnings on a constant currency basis | $ 83 | $ 107 | $ 299 | $ 192 | ||||||||||||||||||
| Diluted average shares (thousands) | 162193 | 166138 | 162264 | 166187 | 162594 | 166212 | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | $ (043) | $ 037 | $ 081 | $ 179 | $ 069 | $ 142 | ||||||||||||||||
| Adjusted earnings per share | $ 050 | $ 079 | $ 160 | $ 221 | $ 103 | $ 142 | ||||||||||||||||
| Adjusted earnings per share on a constant currency basis | $ 051 | $ 064 | $ 179 | $ 115 | ||||||||||||||||||
| (1) | In the three months ended September 30 2016 there were no items in which management considered not representative of ongoing operations | |||||||||||||||||||||
| (1) | Currency effect on earnings determined by using September 30 2017 foreign currency exchange rates to translate third quarter 2016 local currency results | |||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Three months ended June 30 | Year ended December 31 | |||||||||||||||||||||||
| 2016 | 2015 | 2018 | 2017 | 2016 | 2015 | 2017 | 2017 | ||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 98 | $ 49 | $ 68 | $ 71 | $ 140 | $ 183 | |||||||||||||||||||
| Items impacting cost of good sold | |||||||||||||||||||||||||||
| Pension settlement charges | - 0 | 200 | |||||||||||||||||||||||||
| Items impacting selling and administrative expense | |||||||||||||||||||||||||||
| Pension settlement charges | 18 | ||||||||||||||||||||||||||
| Items impacting other expense net | |||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 8 Lea Stoehr Lea Stoehr-1 | 39 | 19 | 10 | 77 | ||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (7) | (7) | |||||||||||||||||||||||||
| Items impacting interest expense | |||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | - 0 | 17 | 18 | ||||||||||||||||||||||||
| Items impacting income tax | |||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||
| Net benefit for income tax on items above | - 0 | (9) | (4) | (4) | (27) | ||||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (20) | (29) | |||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | |||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | 5 | (1) | 2 | (3) | (3) | ||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ 6 | $ - 0 | $ 46 | $ 10 | $ - 0 | $ (17) | $ 254 | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 98 | $ 95 | $ 78 | $ 71 | $ 123 | $ 437 | |||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 165186 | 163840 | 161793 | 163287 | 164482 | 164647 | |||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 059 | $ 030 | $ 042 | $044 | $ 085 | $ 111 | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | $ (027) | $ 059 | $ 058 | $ 048 | $044 | $ 075 | $ 265 | |||||||||||||||||||
| v3 | ||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||
| Reportable Segment Information | ||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended September 30 | Six months ended June 30 | |||||||||||||||||||||
| 2016 | 2015 | 2017 | 2016 | 2015 | 2016 | 2015 | ||||||||||||||||||
| Net sales | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 605 | $ 1209 | $ 1204 | |||||||||||||||||
| North America | (294) | (169) | 837 | 831 | 520 | 1131 | 1000 | |||||||||||||||||
| Latin America | (18) | 164 | 639 | 576 | 265 | 657 | 412 | |||||||||||||||||
| Asia Pacific | (317) | (193) | - | 123 | 162 | 317 | 316 | |||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||
| Reportable segment totals | (1838) | (1402) | 1476 | 1530 | 1552 | 3314 | 2932 | |||||||||||||||||
| - 0 | ||||||||||||||||||||||||
| Other | (10) | (1) | 24 | 31 | 14 | 34 | 32 | |||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||
| Net sales | $ (1848) | $ (1403) | $ 1500 | $ 1561 | $ 1566 | $ 3348 | $ 2964 | |||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 68 | $ 128 | $ 113 | |||||||||||||||||
| North America | (68) | (50) | 100 | 103 | 61 | 168 | 153 | |||||||||||||||||
| Latin America | (45) | 4 | 75 | 61 | 51 | 120 | 57 | |||||||||||||||||
| Asia Pacific | (28) | (20) | - | 12 | 19 | 28 | 32 | |||||||||||||||||
| Reportable segment totals | ERRORREF | ERRORREF | 175 | 176 | 199 | 444 | 355 | |||||||||||||||||
| Items excluded from segment operating profit | ||||||||||||||||||||||||
| Retained corporate costs and other | 22 | 11 | (35) | (28) | (10) | (57) | (39) | |||||||||||||||||
| Items not considered representative of ongoing operations (b) | 12 | 33 | (64) | (12) | (33) | |||||||||||||||||||
| Interest expense net | 82 | 68 | (51) | (53) | (67) | (133) | (121) | |||||||||||||||||
| Earnings from continuing operations before income taxes | ERRORREF | ERRORREF | $ (65) | $ 81 | $ 58 | $ 242 | $ 162 | |||||||||||||||||
| Ratio of earnings from continuing operations before income taxes to net sales | ERRORREF | ERRORREF | -43 | 52 | 37 | |||||||||||||||||||
| Segment operating profit margin (c) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 112 | 106 | 94 | |||||||||||||||||
| North America | 231 | 296 | 119 | 124 | 117 | 149 | 153 | |||||||||||||||||
| Latin America | 2500 | 24 | 117 | 106 | 192 | 183 | 138 | |||||||||||||||||
| Asia Pacific | 88 | 104 | ERRORDIV0 | 98 | 117 | 88 | 101 | |||||||||||||||||
| Reportable segment margin totals | ERRORREF | ERRORREF | 119 | 115 | 128 | 134 | 121 | |||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings from continuing operations before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||
| (c) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||
| Reconciliation to Additions to property plant and equipment (capital expenditures) | ||||||||||||
| Unaudited | 2018 | |||||||||||
| 2017 | Estimate | 2018 | ||||||||||
| Payments for property plant and equipment | (441) | (500) | ||||||||||
| Change in accounts payable related to additions to property plant and equipment (a) | (44) | (b) | ||||||||||
| Additions to property plant and equipment (capital expenditures) | $ (485) | $ (500) | ||||||||||
| (a) | Relates to invoices for additions to property plant and equipment that were unpaid as of December 31 2017 | |||||||||||
| (b) | Forecasted amounts for full year 2018 are not determinable at this time | |||||||||||
| O-I GLASS INC | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow for the year ended December 31 | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow | |||||||||||||||||||
| Forecast for Quarter Ending | Forecast for Year Ending | ||||||||||||||||||
| June 30 2019 | December 31 2019 | ||||||||||||||||||
| Low End of Guidance Range | |||||||||||||||||||
| Earnings from continuing operations attributable to the Company | (b) | (b) | |||||||||||||||||
| Items management considers not representative of ongoing operations | to | ||||||||||||||||||
| Expected pension settlement charges (estimate) | |||||||||||||||||||
| Restructuring asset impairment and other charges(b) | |||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees(b) | |||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||
| Net benefit for income tax on items above(b) | |||||||||||||||||||
| Net impact of noncontrolling interests on items above(b) | |||||||||||||||||||
| Total adjusting items | (a) | (a) | |||||||||||||||||
| Adjusted earnings (non-GAAP) | (b) | to | (b) | ||||||||||||||||
| Diluted average shares (thousands) | 156600 | to | (b) | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | (b) | to | (b) | ||||||||||||||||
| Adjusted earnings per share (non-GAAP) | $ 075 | to | $ 300 | ||||||||||||||||
| (a) At this time management has not yet identified the items in 2019 that are not representative of ongoing operations | |||||||||||||||||||
| Unaudited | |||||||||||||||||||
| 2019 | |||||||||||||||||||
| Forecast | 2018 | 2017 | 2016 | 2015 | 2018 | ||||||||||||||
| Cash provided by continuing operating activities | $ 740 | $ 793 | $ 724 | $ 758 | $ 612 | ||||||||||||||
| Additions to property plant and equipment | (500) | (536) | (441) | (454) | (402) | ||||||||||||||
| Asbestos-related payments | 160 | 105 | 110 | 125 | 138 | ||||||||||||||
| Adjusted free cash flow (non-GAAP) | $ 400 | $ 362 | $ 393 | $ 429 | $ 348 | $ - 0 | |||||||||||||
| Cash utilized in investing activities | (a) | $ (698) | $ (351) | $ (417) | $ (2748) | (c) | |||||||||||||
| Cash provided by (utilized in) financing activities | (a) | $ (53) | $ (392) | $ (228) | $ 2057 | (c) | |||||||||||||
| (a) Forecasted amounts for full year 2019 are not determinable at this time |
| Unaudited | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||
| (Dollars in millions) | ||||||||||||||||
| Year Ended | Forecast for Year Ended | |||||||||||||||
| December 31 2020 | December 31 2021 | 2016 | 2015 | 2018 | ||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ 457 | $ 615 | $ 758 | $ 612 | ||||||||||||
| Cash payments for property plant and equipment | (311) | (375) | (454) | (402) | ||||||||||||
| Free cash flow (non-GAAP) | $ 146 | $ 240 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||
| Unaudited | ||||||||||||||||
| December 31 2020 | December 31 2019 | 2016 | 2015 | 2018 | ||||||||||||
| Total debt | $ 5142 | $ 5559 | $ 758 | $ 612 | ||||||||||||
| Cash and cash equivalents | 563 | 551 | (454) | (402) | ||||||||||||
| Net Debt | $ 4579 | $ 5008 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||
| reconciliation of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| Unaudited | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||
| Three months Ended | Three months Ended | Forecast for Year Ended | ||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | December 31 2021 | |||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ (56) | $ (315) | $ 758 | $ 612 | $ 615 | |||||||||||||
| Cash payments for property plant and equipment | (93) | (120) | (454) | (402) | (375) | |||||||||||||
| Free cash flow (non-GAAP) | $ (149) | $ (435) | $ 304 | $ 210 | $ - 0 | $ 240 | ||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||||
| Unaudited | ||||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | ||||||||||||||
| Total debt | $ 5348 | $ 6398 | $ 758 | $ 612 | ||||||||||||||
| Cash and cash equivalents | 742 | 891 | (454) | (402) | ||||||||||||||
| Net Debt | $ 4606 | $ 5507 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||||
| of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| v3 | |||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||
| Reconciliation for Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||
| Three months ended | Year ended | three months ended March 31 | CHECK | ||||||||||||||||||||||||
| March 31 2021 | March 31 2020 | December 31 2018 | 2015 | 2018 | 2017 | 2017 | 2016 | ||||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ 144 | $ 139 | $ 98 | $ 49 | $ (4) | ERRORREF | |||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 5 | 5 | ERRORREF | ||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||
| Items impacting equity earnings | 5 | $ - 0 | ERRORREF | ||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||
| Charge related to Paddock support agreement liability | 154 | ||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | 14 | 74 | |||||||||||||||||||||||||
| Charge for asbestos-related costs | 125 | ||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 97 | 75 | 39 | 97 | ERRORREF | ||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 11 | 42 | 17 | 11 | ERRORREF | ||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | (14) | 8 | (14) | ERRORREF | |||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (15) | (9) | - 0 | ERRORREF | |||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (1) | (1) | (1) | ERRORREF | |||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ 154 | $ 14 | $ 297 | $ 137 | $ - 0 | $ 46 | $ 283 | ERRORREF | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | $ 57 | $ 64 | $ 441 | $ 276 | $ 98 | $ 95 | $ 279 | ERRORREF | |||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Currency effect (a) | $ (3) | $ (3) | |||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (non-GAAP) | $ 54 | $ 61 | |||||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | 162088 | 162135 | 165186 | 163840 | |||||||||||||||||||||
| Net earnings (loss) attributable to the Company (diluted) | $ (062) | $ 032 | $ 089 | $ 085 | $ 059 | $ 030 | $ (002) | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) (a) | $ 035 | $ 041 | $ 272 | $ 170 | $ 059 | $ 058 | $ 172 | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ 039 | $ (039) | ERRORREF | ||||||||||||||||||||||||
| (a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021 | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending March 31 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||||||||||||||||||||||
| Changes in Net Sales and Segment Operating Profit for Reportable Segments | |||||||||||||||||||||||||||||||||||||||||||||||
| (Dollars in millions) | |||||||||||||||||||||||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||||||||||||||||||||||
| Three months ended March 31 | Q3 | Q2 | Q1 | ||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q20 | $ 831 | $ 576 | $ 123 | $ 1530 | $ 586 | $ 578 | $ 365 | $ 170 | $ 1699 | $ 646 | $ 599 | $ 345 | $ 158 | $ 1748 | $ 563 | $ 532 | $ 312 | $ 159 | $ 1566 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | (13) | 48 | 35 | 33 | 1 | 14 | 5 | 53 | (4) | (2) | (1) | 2 | (5) | (24) | 1 | 11 | 6 | (6) | |||||||||||||||||||||||||||||
| Price | 26 | 2 | 28 | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (3) | 13 | 10 | 5 | (35) | 20 | 9 | (1) | (4) | (32) | 17 | (9) | (28) | 23 | (13) | 9 | 7 | 26 | |||||||||||||||||||||||||||||
| Divestitures | (4) | (123) | (127) | ||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 6 | 63 | (123) | (54) | 5 | (28) | 33 | 13 | 23 | (7) | (25) | 26 | (5) | (11) | 15 | (5) | 18 | 8 | 36 | ||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q21 | $ 837 | $ 639 | $ - 0 | $ 1476 | $ 624 | $ 551 | $ 412 | $ 188 | $ 1775 | $ 635 | $ 572 | $ 370 | $ 155 | $ 1732 | $ 554 | $ 528 | $ 341 | $ 173 | $ 1596 | ||||||||||||||||||||||||||||
| Three months ended March 31 | |||||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Segment operating profit - 1Q20 | $ 103 | $ 61 | $ 12 | $ 176 | $ 64 | $ 79 | $ 74 | $ 20 | $ 237 | $ 73 | $ 92 | $ 57 | $ 11 | $ 233 | $ 55 | $ 76 | $ 63 | $ 17 | $ 211 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 4 | 6 | 10 | 4 | (1) | 3 | 6 | 1 | - 0 | - 0 | (1) | - 0 | (3) | 1 | (2) | ||||||||||||||||||||||||||||||||
| Net price (net of cost inflation) | (8) | (3) | (11) | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (1) | 3 | 2 | 1 | (9) | 5 | 2 | (1) | (1) | (7) | 3 | (2) | (7) | 5 | (2) | 4 | 1 | 8 | |||||||||||||||||||||||||||||
| Operating costs | 2 | 8 | 10 | 12 | (1) | (11) | (6) | (6) | 10 | - 0 | - 0 | (1) | 9 | 10 | 3 | (22) | (9) | ||||||||||||||||||||||||||||||
| Divestitures | (12) | (12) | |||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (3) | 14 | (12) | (1) | 13 | (3) | 7 | - 0 | 17 | 6 | - 0 | 12 | 1 | 19 | 7 | 9 | (9) | 2 | 9 | ||||||||||||||||||||||||||||
| Segment operating profit - 1Q21 | $ 100 | $ 75 | $ - 0 | $ 175 | $ 81 | $ 75 | $ 84 | $ 20 | $ 260 | $ 80 | $ 92 | $ 69 | $ 11 | $ 252 | $ 59 | $ 85 | $ 54 | $ 20 | $ 218 | ||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Net sales - 2016 | $ 2220 | $ 2300 | $ 684 | $ 5204 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 3 | 29 | 17 | 106 | |||||||||||||||||||||||||||||||||||||||||||
| 2016 at constant currency | 2223 | 2329 | 701 | 5310 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 Lea Stoehr Lea Stoehr+1 to round | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (84) | 52 | 1 | (31) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (63) | 90 | 13 | 40 | |||||||||||||||||||||||||||||||||||||||||||
| Net sales for reportable segments- 2017 | $ 2160 | $ 2419 | $ 714 | $ 5350 | |||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2016 | $ 299 | $ 237 | $ 77 | $ 613 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 5 | 1 | 6 | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit at constant currency - 2016 | 299 | 242 | 78 | 619 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (19) | 12 | 1 | (6) | |||||||||||||||||||||||||||||||||||||||||||
| Operating costs | 17 | (28) | (26) | (37) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 19 | 22 | (13) | 28 | |||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2017 | $ 318 | $ 264 | $ 65 | $ 647 | |||||||||||||||||||||||||||||||||||||||||||
| (a) | Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to | ||||||||||||||||||||||||||||||||||||||||||||||
| translate 2020 local currency results | |||||||||||||||||||||||||||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||||||||||||||
| Reportable Segment Information and Reconciliation to Earnings Before Income Taxes | ||||||||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||||||||
| Unaudited | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||||||
| 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||||||||
| Net sales | ||||||||||||||||||||||||||||||
| Americas | $ 837 | $ 831 | 2160 | 2220 | 1651 | 1709 | 328 | 320 | ||||||||||||||||||||||
| Europe | 639 | 576 | $ 2375 | $ 2300 | $ 1813 | $ 1795 | $ 77 | $ 71 | ||||||||||||||||||||||
| Asia Pacific | - | 123 | 714 | 684 | 516 | 487 | (198) | (74) | ||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||
| Reportable segment totals | 1476 | 1530 | 5249 | 6636 | 5103 | 5013 | 1330 | (93) | ||||||||||||||||||||||
| Other | 24 | 31 | 69 | 66 | 54 Lea Stoehr Lea Stoehrrounded by 1 | 47 | 9 | 12 | ||||||||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 5318 | $ 6702 | $ 5157 | $ 5060 | $ 1339 | $ (81) | ||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Americas | $ 100 | $ 103 | 352 | 299 | 252 | 247 | - | 51 | ||||||||||||||||||||||
| Europe | 75 | 61 | $ 295 | $ 237 | $ 220 | $ 192 | $ - | $ 16 | ||||||||||||||||||||||
| Asia Pacific | - | 12 | 51 | 77 | 51 | 48 | - | (17) | ||||||||||||||||||||||
| Reportable segment totals | 175 | 176 | 698 | 882 | 730 | 681 | 207 | (25) | ||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Items excluded from segment operating profit | - | - | ||||||||||||||||||||||||||||
| Retained corporate costs and other | (35) | (28) | (115) Anna Boris Anna Boris+1 for rounding | Lea Stoehr Lea Stoehrrounded by 1 | (98) | (81) | (75) | (1) | (5) | |||||||||||||||||||||
| Charge related to Paddock support agreement liability | (154) | |||||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | (14) | |||||||||||||||||||||||||||||
| Items not considered representative of ongoing operations (b) | (295) | (156) | (49) | (12) | 246 | 144 | ||||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | ||||||||||||||||||||||
| Earnings (loss) before income taxes | $ (65) | $ 81 | $ 20 | $ 356 | $ 396 | $ 395 | $ 311 | $ 120 | ||||||||||||||||||||||
| Ratio of earnings before income taxes to net sales | -43 | 52 | 04 | 53 | ||||||||||||||||||||||||||
| Segment operating profit margin (b) | ||||||||||||||||||||||||||||||
| Americas | 119 | 124 | 163 | 135 | ||||||||||||||||||||||||||
| Europe | 117 | 106 | 124 | 103 | ||||||||||||||||||||||||||
| Asia Pacific | - 0 | 98 | 71 | 113 | ||||||||||||||||||||||||||
| Reportable segment margin totals | 119 | 115 | 133 | 133 | ||||||||||||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||||||||
| (b) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings Q1 2017 | |||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | ||||||||||||||||||||||||||||
| 2016 | 2015 | 2017 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||
| Earnings (loss) from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 49 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | 98 | - 0 | - 0 | ERRORREF | |||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | - 0 | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Items impacting equity earnings | ERRORREF | 5 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | ERRORREF Lea Stoehr Lea Stoehr-1 | 39 | 88 | 129 | 75 | 49 | 19 | - 0 | ERRORREF | ||||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | ERRORREF | (71) | (7) | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Strategic transactions costs | ERRORREF | 23 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | ||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | ||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | ERRORREF | 17 | 34 | 9 | 42 | 17 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | ERRORREF | (9) | (21) | 1 | (15) | (12) | (4) | - 0 | ERRORREF | ||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | ERRORREF | (1) | (5) | 2 | (4) | 2 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | ERRORREF | $ 46 | $ 96 | $ 168 | $ 178 | $ 30 | $ 10 | $ 20 | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 95 | ERRORREF | $ 384 | $ 317 | $ 346 | $ 296 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 163840 | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||
| Earnings (loss) per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 030 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (111) | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | $ 058 | ERRORREF | ERRORREF | $ 196 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | ||||||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | |||||||||||||||||||||||||||||||
| 2016 | 2015 | 2021 | 2020 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | $ (120) | |||||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | (98) | - 0 | 98 | - 0 | - 0 | 98 | ||||||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | |||||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||||||||||
| Items impacting equity earnings | - 0 | 5 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | (130) Lea Stoehr Lea Stoehr-1 | 49 | 129 | 75 | 49 | 19 | - 0 | 110 | ||||||||||||||||||||||||||||
| Gain on China land sale | 71 | (71) | (7) | - 0 | (64) | |||||||||||||||||||||||||||||||
| Strategic transactions costs | - 0 | 23 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | |||||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | |||||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | (9) | 17 | 9 | 42 | 17 | - 0 | 9 | |||||||||||||||||||||||||||||
| Items impacting income tax | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Net benefit for income tax on items above | (1) | (12) | 1 | (15) | (12) | (4) | - 0 | 5 | ||||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (20) | (8) | 8 | (20) | - 0 | (8) | ||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (2) | (4) | 2 | (4) | 2 | - 0 | - 0 | |||||||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ (71) | $ - 0 | $ - 0 | $ 30 | $ 160 | $ 186 | $ 30 | $ 10 | $ - 0 | $ 150 | |||||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 376 | $ 325 | $ 346 | $ 296 | ERRORREF | $ 30 | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Currency effect on earnings (2017 only)(a) | (5) | 4 | 5 | 3 | $ - 0 | (2) | ||||||||||||||||||||||||||||||
| $ - 0 | - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (2017 only) (non-GAAP) | $ (327) | $ 54 | $ 381 | 299 | $ - 0 | 28 | ||||||||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ (062) | $ 032 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (019) | $ (075) | |||||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 200 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ (202) | ERRORREF | ERRORREF | $ 184 | $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||
| (a) | Currency effect on earnings determined by using 2018 foreign currency exchange rates to translate 2017 local currency results | |||||||||||||||||||||||||||||||||||
| (b) | For adjusted earnings per share the diluted average shares (in thousands) are 165265 and 163477 for the three months ended December 31 2017 and 2016 | |||||||||||||||||||||||||||||||||||
| v3 | ||||||||||
| O-I GLASS INC | ||||||||||
| Condensed Consolidated Cash Flow | ||||||||||
| (Dollars in millions) | ||||||||||
| Unaudited | Three months ended March 31 | |||||||||
| 2021 | 2020 | |||||||||
| Cash flows from operating activities | ||||||||||
| Net earnings (loss) | $ (91) | $ 55 | ||||||||
| Loss from discontinued operations | - | - | ||||||||
| Non-cash charges | ||||||||||
| Depreciation and amortization | 115 | 126 | ||||||||
| Pension expense | 8 | 9 | ||||||||
| Restructuring asset impairment and related charges | ||||||||||
| Charge related to Paddock support agreement liability | 154 | |||||||||
| Cash payments | ||||||||||
| Pension contributions | (18) | (13) | ||||||||
| Asbestos-related payments | ||||||||||
| Cash paid for restructuring activities | (3) | (8) | ||||||||
| Change in components of working capital (a) | (229) | (461) | ||||||||
| Other net (b) | 8 | (23) | ||||||||
| Cash utilized in operating activities | (56) | (315) | ||||||||
| Cash utilized in discontinued operating activities | - | |||||||||
| Total cash utilized in operating activities | (56) | (315) | ||||||||
| Cash flows from investing activities | ||||||||||
| Cash payments for property plant and equipment | (93) | (120) | ||||||||
| Acquisitions net of cash acquired | ||||||||||
| Contributions and advances to joint ventures | ||||||||||
| Net cash proceeds on disposal of other businesses and misc assets | 4 | |||||||||
| Net cash proceeds on sale of ANZ business | 58 | |||||||||
| Deconsolidation of Paddock | (47) | |||||||||
| Other | 2 | |||||||||
| Other net | ||||||||||
| Cash utilized in investing activities | (31) | (165) | ||||||||
| Cash flows from financing activities | ||||||||||
| Changes in borrowings net | 290 | 859 | ||||||||
| Treasury shares repurchased | ||||||||||
| Dividends Paid | (8) | |||||||||
| Treasury shares repurchased | ||||||||||
| Issuance of common stock and other | (2) | (2) | ||||||||
| Cash provided by financing activities | 288 | 849 | ||||||||
| Effect of exchange rate fluctuations on cash | (22) | (29) | ||||||||
| Change in cash | 179 | 340 | ||||||||
| Cash at beginning of period | 563 | 551 | ||||||||
| Cash at end of period | $ 742 | $ 891 | ||||||||
| (a) | The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows At March 31 2021 December 31 2020 and March 31 2020 the amount of receivables sold by the Company was $444 million $436 million and $429 million respectively For the three months ended March 31 2021 and 2020 the Companys use of its factoring programs resulted in an increase of $8 million to cash from operating activities and a $110 million decrease to cash from operating activities respectively | |||||||||
| (b) | Other net includes other non-cash charges plus other changes in non-current assets and liabilities | |||||||||
| v3 | |||||||||||
| O-I GLASS INC | |||||||||||
| Condensed Consolidated Balance Sheets | |||||||||||
| (Dollars in millions) | |||||||||||
| Unaudited | March 31 | December 31 | March 31 | ||||||||
| 2021 | 2020 | 2020 | |||||||||
| Assets | |||||||||||
| Current assets | |||||||||||
| Cash and cash equivalents | $ 742 | $ 563 | $ 891 | ||||||||
| Trade receivables net | 714 | 623 | 767 | ||||||||
| Inventories | 827 | 841 | 1047 | ||||||||
| Prepaid expenses and other current assets | 203 | 270 | 257 | ||||||||
| Total current assets | 2486 | 2297 | 2962 | ||||||||
| Property plant and equipment net | 2791 | 2907 | 2987 | ||||||||
| Goodwill | 1880 | 1951 | 1773 | ||||||||
| Intangibles net | 310 | 325 | 312 | ||||||||
| Other assets | 1358 | 1402 | 1470 | ||||||||
| Total assets | $ 8825 | $ 8882 | $ 9504 | ||||||||
| Liabilities and Share Owners Equity | |||||||||||
| Current liabilities | |||||||||||
| Accounts payable | $ 998 | $ 1126 | $ 1025 | ||||||||
| Short-term loans and long-term debt due within one year | 180 | 197 | 283 | ||||||||
| Current portion of asbestos-related liabilities | |||||||||||
| Other liabilities | 524 | 575 | 516 | ||||||||
| Other liabilities - discontinued operations | |||||||||||
| Total current liabilities | 1702 | 1898 | 1824 | ||||||||
| Long-term debt | 5168 | 4945 | 6115 | ||||||||
| Asbestos-related liabilities | |||||||||||
| Paddock support agreement liability | 625 | 471 | 471 | ||||||||
| Other long-term liabilities | 1068 | 1167 | 1018 | ||||||||
| Share owners equity | 262 | 401 | 76 | ||||||||
| Total liabilities and share owners equity | $ 8825 | $ 8882 | $ 9504 | ||||||||
| v3 | |||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||
| Condensed Consolidated Results of Operations | |||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||
| Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||
| Unaudited | 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 6869 | $ 6702 | $ 5157 | $ 5060 | $ (212) | $ (81) | |||||||||||||||||
| Cost of goods sold | (1256) | (1293) | (5736) | (5490) | (4143) | (4063) | 337 | 134 | |||||||||||||||||
| Gross profit | 244 | 268 | 1133 | 1212 | 1014 | 997 | 125 | 53 | |||||||||||||||||
| Selling and administrative expense | (102) | (116) | (502) | (503) | (362) | (375) | 38 | 12 | |||||||||||||||||
| Research development and engineering expense | (18) | (16) | (60) | (65) | (46) | (48) | (4) | 1 | |||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | |||||||||||||||||
| Equity earnings | 18 | 15 | 77 | 60 | 55 | 44 | (4) | (1) | |||||||||||||||||
| Other expense net | (156) | (17) | (105) | (76) | (61) | (24) | (112) | 35 | |||||||||||||||||
| Earnings (loss) before income taxes | (65) | 81 | 275 | 356 | 396 | 395 | 56 | 120 | |||||||||||||||||
| Provision for income taxes | (26) | (26) | (70) | (119) | (65) | (93) | (21) | - | |||||||||||||||||
| Net earnings (loss) | (91) | 55 | 205 | 237 | 331 | 302 | 35 | 120 | |||||||||||||||||
| Net earnings attributable to noncontrolling interests | (6) | (5) | (22) | (21) | (15) | (16) | 1 | - | |||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| - 0 | - 0 | ||||||||||||||||||||||||
| Amounts attributable to the Company | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (97) | $ 50 | ERRORREF | $ 216 | $ 316 | $ 286 | ERRORREF | $ 120 | |||||||||||||||||
| Loss from discontinued operations | ERRORREF | (7) | (2) | (6) | ERRORREF | 1 | |||||||||||||||||||
| Net earnings | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| $ -0 | $ -0 | ||||||||||||||||||||||||
| Amounts attributable to noncontrolling interests | $ -0 | $ -0 | |||||||||||||||||||||||
| Earnings from continuing operations | $ - | $ - | |||||||||||||||||||||||
| Earnings from discontinued operations | - | - | |||||||||||||||||||||||
| Loss on disposal of discontinued operations | - | - | |||||||||||||||||||||||
| Net earnings | $ - | $ - | $ - | $ - | $ - | $ - | |||||||||||||||||||
| Basic earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 112 Lea Stoehr Lea StoehrEPS file | $ 133 Lea Stoehr Lea StoehrEPS file | $ 194 | $ 176 | $ 020 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 111 | $ 129 | $ 193 | $ 172 | $ 020 | $ 075 | |||||||||||||||||
| Weighted average shares outstanding (thousands) | 157571 | 156081 | |||||||||||||||||||||||
| Diluted earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 111 Lea Stoehr Lea StoehrEPS file | $ 132 Lea Stoehr Lea StoehrEPS file | $ 192 | $ 175 | $ 019 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 110 | $ 128 | $ 191 | $ 171 | $ 019 | $ 075 | |||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | |||||||||||||||||||||||
| Current Year | 2021 | ||
| Prior Year | 2020 |
| APPROXIMATE ANNUAL IMPACT ON | FX RATES AT KEY POINTS | ||||||||||||||||||
| EPS FROM 10 FX CHANGE | Apr 27st | March 31st | AVG | Avg | Avg | ||||||||||||||
| 2021 | 2021 | 1Q21 | 2020 | 2Q20 | |||||||||||||||
| EUR | 009 | EUR | 121 | 117 | 120 | 115 | 111 | ||||||||||||
| MXN | 003 | MXN | 2004 | 2061 | 2064 | 2156 | 2298 | ||||||||||||
| BRL | 003 | BRL | 545 | 577 | 558 | 521 | 538 | ||||||||||||
| COP | 001 | COP | 3716 | 3727 | 3627 | 3715 | 3791 | ||||||||||||
| Shares 2020 | 158671 | |||||||||||||||||||||||||||||||||||||||
| Tax Rate 2020 | 3270 | |||||||||||||||||||||||||||||||||||||||
| EUROPE | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX EUR | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | ||||||||||||||||||||||||||||
| New FX EUR | 12097 | 12154 | 11707 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | ||||||||||||||||||||||||||||
| -2 | -1 | -5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Budget FX CHF | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | ||||||||||||||||||||||||||||
| New FX CHF | 08896 | 09060 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | ||||||||||||||||||||||||||||
| EBIT As Is | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 84801 | 100161 | 100223 | 66163 | 351347 | |||||||||||||||||||||||
| EBIT USD | 12762 | 10662 | 14643 | 12585 | 14406 | 13843 | 17014 | 16412 | 12372 | 13681 | 13730 | 10553 | 38068 | 40834 | 45798 | 37964 | 162663 | |||||||||||||||||||||||
| 70 | CHF - Salaries amp Benefits | 2815 | 3216 | 3211 | 3317 | 3145 | 2984 | 2588 | 2838 | 2672 | 2615 | 2569 | 2501 | 9243 | 9446 | 8099 | 7684 | 34472 | ||||||||||||||||||||||
| EBIT EUR Denominated | 20741 | 12054 | 23181 | 20325 | 27076 | 21373 | 29744 | 17984 | 14796 | 14519 | 13072 | 8293 | 55976 | 68773 | 62524 | 35883 | 223156 | |||||||||||||||||||||||
| Translation | (322) | (131) | (1096) | 2032 | 2708 | 2137 | 2974 | 1798 | 1480 | 1452 | 1307 | 829 | (1550) | 6877 | 6252 | 3588 | 15168 | |||||||||||||||||||||||
| CHF Translation | (24) | (85) | (210) | (302) | (286) | (271) | (235) | (258) | (243) | (238) | (234) | (227) | (320) | (859) | (736) | (699) | (2613) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (124) | (87) | (378) | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | (590) | 2399 | 2399 | 2399 | 6608 | |||||||||||||||||||||||
| Trademarks | (35) | (24) | (106) | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | (165) | 671 | 671 | 671 | 1849 | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (001) | 001 | 001 | 001 | 002 | 001 | 001 | 001 | 001 | 001 | (001) | 004 | 004 | 003 | 009 | |||||||||||||||||||||||
| CENTRAL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | ||||||||||||||||||||||||||||
| New FX | 203524 | 209672 | 206091 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | ||||||||||||||||||||||||||||
| 2 | 5 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 22833 | 31408 | 28449 | 14041 | 96730 | |||||||||||||||||||||||
| Translation | (241) | (205) | (292) | (837) | (1129) | (889) | (889) | (907) | (790) | (377) | (409) | (491) | (738) | (2855) | (2586) | (1276) | (7456) | |||||||||||||||||||||||
| Sales 3rd Party | 78 | 135 | 135 | 148 | 115 | 109 | 185 | 128 | 200 | 132 | 100 | 46 | 348 | 372 | 513 | 278 | 1512 | |||||||||||||||||||||||
| Royalties | (42) | (91) | (72) | (161) | (176) | (161) | (175) | (182) | (176) | (169) | (159) | (140) | (205) | (498) | (534) | (468) | (1704) | |||||||||||||||||||||||
| Trademarks | (13) | (27) | (22) | (48) | (53) | (48) | (52) | (55) | (53) | (50) | (47) | (42) | (61) | (149) | (160) | (139) | (509) | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (000) | (000) | (001) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| BRAZIL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | ||||||||||||||||||||||||||||
| New FX | 54392 | 55178 | 57736 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | ||||||||||||||||||||||||||||
| 5 | 6 | 11 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 15040 | 12157 | 16602 | 17784 | 61584 | |||||||||||||||||||||||
| Translation | (282) | (224) | (511) | (327) | (421) | (358) | (455) | (537) | (517) | (568) | (526) | (522) | (1017) | (1105) | (1509) | (1617) | (5249) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (36) | (44) | (79) | (63) | (64) | (68) | (73) | (77) | (76) | (76) | (78) | (80) | (159) | (195) | (225) | (234) | (814) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact BRAZIL | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| COLOMBIA | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | ||||||||||||||||||||||||||||
| New FX | 3558 | 3597 | 3727 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | ||||||||||||||||||||||||||||
| 4 | 5 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 12780 | 16520 | 20188 | 15498 | 64986 | |||||||||||||||||||||||
| Translation | (172) | (192) | (371) | (514) | (536) | (452) | (596) | (613) | (625) | (617) | (498) | (294) | (735) | (1502) | (1835) | (1409) | (5481) | |||||||||||||||||||||||
| Sales 3rd Party | 107 | 164 | 241 | 328 | 359 | 286 | 390 | 433 | 351 | 416 | 388 | 302 | 512 | 974 | 1174 | 1106 | 3765 | |||||||||||||||||||||||
| Royalties | (5) | (7) | (12) | (16) | (16) | (16) | (19) | (19) | (20) | (19) | (17) | (13) | (25) | (48) | (58) | (49) | (180) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact COLOMBIA | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | |||||||||||||||||||||||
| PERU | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | ||||||||||||||||||||||||||||
| New FX | 36427 | 36475 | 37706 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | ||||||||||||||||||||||||||||
| 1 | 1 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 7340 | 6883 | 8112 | 5766 | 28101 | |||||||||||||||||||||||
| Translation | (24) | (16) | (68) | (187) | (206) | (232) | (282) | (250) | (205) | (222) | (194) | (108) | (108) | (626) | (737) | (524) | (1995) | |||||||||||||||||||||||
| Sales 3rd Party | 20 | 18 | 96 | 239 | 276 | 242 | 309 | 268 | 295 | 268 | 338 | 152 | 134 | 757 | 872 | 758 | 2521 | |||||||||||||||||||||||
| Royalties | (3) | (3) | (12) | (29) | (31) | (32) | (34) | (35) | (35) | (32) | (31) | (23) | (18) | (92) | (103) | (86) | (300) | |||||||||||||||||||||||
| Trademarks | (1) | (1) | (4) | (8) | (9) | (10) | (10) | (11) | (11) | (10) | (10) | (7) | (6) | (27) | (32) | (27) | (92) | |||||||||||||||||||||||
| EPS Impact PERU | (000) | (000) | 000 | 000 | 000 | (000) | (000) | (000) | 000 | 000 | 000 | 000 | 000 | 000 | (000) | 000 | 000 |
| HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | ||||||||||||||||||||||||||||
| Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | ||||||||||||||||||||||||||||
| January | February | March | April | May | June | July | August | September | October | November | December | YearTotal | ||||||||||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 96730 | |||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 209058 | 79242 | 165770 | 183006 | 247073 | 194521 | 194487 | 198483 | 172776 | 82460 | 89369 | 107393 | 1923639 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 1841 | 1758 | 2059 | 1774 | 1932 | 1769 | 1927 | 2007 | 1935 | 1859 | 1750 | 1537 | 22149 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 36621 | 34964 | 40944 | 35277 | 38424 | 35182 | 38317 | 39916 | 38488 | 36971 | 34795 | 30575 | 440473 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 550 | 524 | 617 | 529 | 578 | 528 | 576 | 601 | 579 | 555 | 522 | 457 | 6617 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10939 | 10429 | 12269 | 10526 | 11494 | 10496 | 11461 | 11953 | 11514 | 11047 | 10377 | 9079 | 131585 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 12560 | 5924 | 10668 | 11162 | 14591 | 11735 | 11939 | 12245 | 10859 | 6218 | 6422 | 7051 | 121373 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 211106 | 81181 | 168102 | 184966 | 249240 | 196474 | 196647 | 200747 | 174947 | 84531 | 91297 | 109043 | 1948281 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 34780 | 33206 | 38885 | 33503 | 36492 | 33413 | 36390 | 37908 | 36553 | 35112 | 33045 | 29038 | 418324 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10389 | 9905 | 11652 | 9997 | 10916 | 9969 | 10885 | 11352 | 10935 | 10491 | 9856 | 8622 | 124969 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 61584 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 32142 | 19653 | 26282 | 18655 | 24018 | 20438 | 25996 | 30677 | 29512 | 32452 | 30059 | 29808 | 319690 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 791 | 741 | 785 | 690 | 707 | 752 | 801 | 847 | 832 | 833 | 863 | 876 | 9517 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 4108 | 3846 | 4075 | 3582 | 3668 | 3902 | 4158 | 4398 | 4319 | 4323 | 4480 | 4546 | 49405 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 64986 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 15067387 | 13263595 | 15364223 | 19325104 | 20152949 | 17004980 | 22428776 | 23071622 | 23520827 | 23203154 | 18728071 | 11055369 | 222186057 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 2736 | 3313 | 2924 | 3606 | 3953 | 3150 | 4288 | 4764 | 3858 | 4579 | 4263 | 3325 | 44759 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 9353229 | 11327116 | 9997013 | 12327312 | 13514966 | 10770900 | 14660926 | 16288460 | 13190884 | 15654758 | 14575462 | 11369644 | 153030671 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 139 | 146 | 151 | 181 | 171 | 177 | 212 | 210 | 215 | 208 | 187 | 140 | 2136 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 473829 | 499117 | 516517 | 619386 | 585125 | 604100 | 724460 | 717547 | 734407 | 711396 | 638632 | 479611 | 7304129 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 28101 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 13070 | 7377 | 6116 | 7438 | 8215 | 9254 | 11235 | 9962 | 8157 | 8847 | 7724 | 4295 | 101691 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3051 | 2340 | 2373 | 2628 | 3039 | 2664 | 3399 | 2944 | 3250 | 2946 | 3722 | 1671 | 34026 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 11040 | 8470 | 8587 | 9511 | 10998 | 9641 | 12299 | 10653 | 11760 | 10661 | 13468 | 6046 | 123135 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 458 | 360 | 308 | 314 | 342 | 352 | 373 | 382 | 380 | 353 | 344 | 253 | 4220 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 1656 | 1303 | 1113 | 1138 | 1239 | 1274 | 1351 | 1383 | 1376 | 1279 | 1243 | 916 | 15271 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 147 | 107 | 93 | 93 | 101 | 107 | 113 | 118 | 119 | 112 | 109 | 80 | 1298 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 531 | 389 | 336 | 336 | 366 | 388 | 410 | 427 | 432 | 404 | 393 | 288 | 4698 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 351347 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | EUR | 2021 | Budget | Final | 24974 | 15869 | 28168 | 24083 | 31198 | 26230 | 35946 | 25681 | 19935 | 20821 | 19721 | 13301 | 285927 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| OI Europe Sarl | Royalties to OI Toledo | Total Custom 1 | USD | 2021 | Budget | Final | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 95975 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 26853 | |||||||||||||||||||||
| (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (001910) | ||||||||||||||||||||||||||||
| Total United Kingdom | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1629 | 1383 | 2256 | 1858 | 3068 | 1263 | 4092 | 4062 | 3364 | 3273 | 3499 | 1776 | 31524 | |||||||||||||||||||||
| OI Sales and Distribution UK Ltd | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Poland | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2045 | 1051 | 2603 | 1724 | 1789 | 1622 | 2327 | 1989 | 1292 | 1275 | 1204 | 250 | 19172 | |||||||||||||||||||||
| OI Sales and Distribution Poland Sp Zoo | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Jarslow Machine Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (56) | 47 | 42 | (58) | 42 | 47 | (19) | 30 | (10) | 49 | 41 | 11 | 164 | |||||||||||||||||||||
| OI Poland Business Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (407) | 103 | 248 | (67) | 361 | 1223 | 899 | 471 | 381 | 186 | 253 | (176) | 3475 | |||||||||||||||||||||
| OI Sales and Distribution Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1053 | (363) | 1042 | 737 | 695 | 1237 | 1269 | 1413 | (1104) | 292 | 278 | 253 | 6801 | |||||||||||||||||||||
| OI Sales and Distribution Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| European Glass Group Admin | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 8499 | 8441 | 8452 | 8390 | 8451 | 8451 | 8447 | 8447 | 8450 | 8606 | 8455 | 8439 | 101527 | |||||||||||||||||||||
| Europe MR Adjustments | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Total Controllable Operating Expenses | USD | 2021 | Budget | Final | 4022 | 4595 | 4588 | 4739 | 4493 | 4263 | 3697 | 4055 | 3818 | 3735 | 3669 | 3573 | 49246 | |||||||||||||||||||||
| Europe Mgmt Reportingusd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 17926 | 8838 | 19969 | 17008 | 23930 | 18389 | 27156 | 15145 | 12124 | 11904 | 10503 | 5792 | 188684 |
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End SIMULATION | 10 | Change | ||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | SPOT | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | RATE | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | ||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | |||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | |||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | |||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | |||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | |||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | |||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | |||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | ||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | |||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | |||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | |||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | |||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | |||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | |||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | |||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | ||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | |||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | |||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | |||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | |||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | |||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | |||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | |||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | ||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | |||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | |||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | |||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | |||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | |||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | |||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | |||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | |||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | |||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | |||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | |||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | ||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | |||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | |||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 8720000 | |||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 543920 | ||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 355800000 | ||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 364270 | ||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | ||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 5799800 | ||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 2035240 | ||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 128700 | ||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 120970 | |||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 088960 | ||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 137030 | ||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 375170 | ||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 2154860 | ||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29639000 | ||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 657980 | ||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 7617880 | ||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 076430 | |||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 071520 | ||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 646100 | ||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 775270 | ||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 1403000000 | ||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 133130 | ||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 2305200000 | ||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2998400 | ||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 73815000 | |||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10452000 | ||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 111940000 | ||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 285390 | ||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 405350 | ||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 348640 | ||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 4807500 | ||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2803300 | ||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 736220 | ||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 1526290 | ||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7298750 | ||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 375070 | ||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106865 | |||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 088280 | ||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 107615 | ||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2021 | ||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | Average | High | Low | ||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 8720000 | 8720000 | 8720000 | 8720000 | ||||||||||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 543920 | 543920 | 543920 | 543920 | |||||||||||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 355800000 | 355800000 | 355800000 | 355800000 | |||||||||||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 364270 | 364270 | 364270 | 364270 | |||||||||||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 696000 | ||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 5799800 | 5799800 | 5799800 | 5799800 | |||||||||||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2035240 | 2035240 | 2035240 | 2035240 | |||||||||||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 128700 | 128700 | 128700 | 128700 | |||||||||||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 120970 | 120970 | 120970 | 120970 | ||||||||||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 088960 | 088960 | 088960 | 088960 | |||||||||||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 137030 | 137030 | 137030 | 137030 | |||||||||||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 375170 | 375170 | 375170 | 375170 | |||||||||||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2154860 | 2154860 | 2154860 | 2154860 | |||||||||||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 29639000 | 29639000 | 29639000 | 29639000 | |||||||||||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 657980 | 657980 | 657980 | 657980 | |||||||||||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 7617880 | 7617880 | 7617880 | 7617880 | |||||||||||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 076430 | 076430 | 076430 | 076430 | ||||||||||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 071520 | 071520 | 071520 | 071520 | |||||||||||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 646100 | 646100 | 646100 | 646100 | |||||||||||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 775270 | 775270 | 775270 | 775270 | |||||||||||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 1403000000 | 1403000000 | 1403000000 | 1403000000 | |||||||||||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 133130 | 133130 | 133130 | 133130 | |||||||||||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 2305200000 | 2305200000 | 2305200000 | 2305200000 | |||||||||||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 2998400 | 2998400 | 2998400 | 2998400 | |||||||||||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 73815000 | 73815000 | 73815000 | 73815000 | ||||||||||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 10452000 | 10452000 | 10452000 | 10452000 | |||||||||||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 111940000 | 111940000 | 111940000 | 111940000 | |||||||||||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 285390 | 285390 | 285390 | 285390 | |||||||||||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 405350 | 405350 | 405350 | 405350 | |||||||||||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 348640 | 348640 | 348640 | 348640 | |||||||||||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 4807500 | 4807500 | 4807500 | 4807500 | |||||||||||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 2803300 | 2803300 | 2803300 | 2803300 | |||||||||||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 736220 | 736220 | 736220 | 736220 | |||||||||||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1526290 | 1526290 | 1526290 | 1526290 | |||||||||||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 7298750 | 7298750 | 7298750 | 7298750 | |||||||||||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 375070 | 375070 | 375070 | 375070 | |||||||||||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 106865 | 106865 | 106865 | 106865 | ||||||||||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 088280 | 088280 | 088280 | 088280 | |||||||||||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 107615 | 107615 | 107615 | 107615 | |||||||||||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-20 | Feb-20 | Mar-20 | Apr-20 | May-20 | Jun-20 | Jul-20 | Aug-20 | Sep-20 | Oct-20 | Nov-20 | Dec-20 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 60246 | 621341 | 64464 | 6674 | 68439 | 703918 | 7225 | 739883 | 761102 | 782887 | 81058 | 841411 | 7152093 | 8414110 | 6024600 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 42464 | 44903 | 51924 | 53342 | 54059 | 54023 | 5153 | 5387 | 56312 | 57774 | 53354 | 51911 | 521222 | 577740 | 424640 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 34133 | 3499 | 405405 | 39217 | 369789 | 375371 | 372175 | 374842 | 388565 | 385525 | 360436 | 3419 | 371450667 | 405405000 | 341330000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 33647 | 34333 | 34365 | 33658 | 34365 | 35227 | 35117 | 35328 | 35971 | 36106 | 36017 | 36188 | 350268 | 361880 | 336470 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 52674 | 53093 | 53678 | 54456 | 57275 | 58076 | 58335 | 57922 | 58038 | 5824 | 58155 | 57982 | 5649367 | 5833500 | 5267400 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 187562 | 195268 | 239454 | 237426 | 221609 | 23033 | 220036 | 2178 | 224419 | 21368 | 200542 | 198866 | 2155827 | 2394540 | 1875620 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 13204 | 13444 | 14199 | 13865 | 13763 | 13663 | 13422 | 13082 | 13404 | 13312 | 1299 | 12745 | 134244 | 141990 | 127450 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 11024 | 10995 | 1101 | 10858 | 11098 | 11237 | 11893 | 11902 | 11734 | 11681 | 11969 | 12288 | 114741 | 122880 | 108580 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 09706 | 09676 | 09601 | 09747 | 09627 | 09516 | 09065 | 09042 | 09209 | 09145 | 09034 | 0882 | 093490 | 097470 | 088200 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13097 | 12882 | 12332 | 12465 | 12344 | 12298 | 13129 | 13339 | 12841 | 12916 | 13338 | 13614 | 128829 | 136140 | 122980 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 38927 | 3938 | 41288 | 41828 | 40114 | 39606 | 37075 | 36844 | 38614 | 39562 | 37441 | 37255 | 389945 | 418280 | 368440 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 22887 | 23066 | 247565 | 24932 | 242893 | 23819 | 220513 | 219209 | 231743 | 234209 | 218839 | 213174 | 2312654 | 2493200 | 2131740 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 30568 | 30842 | 32569 | 32597 | 31455 | 31679 | 28997 | 29692 | 31108 | 31485 | 3018 | 29693 | 30905417 | 32597000 | 28997000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 468123 | 493708 | 571683 | 579187 | 599947 | 607056 | 612846 | 641161 | 660765 | 674858 | 638594 | 637882 | 598818 | 674858 | 468123 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 631686 | 6665 | 793185 | 72783 | 70542 | 700054 | 731552 | 74037 | 789805 | 786921 | 760592 | 743399 | 7314428 | 7931850 | 6316860 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 06721 | 06524 | 0617 | 06562 | 06649 | 0688 | 07218 | 0735 | 07118 | 07045 | 0739 | 07698 | 069438 | 076980 | 061700 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 06486 | 06237 | 06015 | 06144 | 06206 | 06422 | 06704 | 06726 | 06586 | 06626 | 07032 | 07219 | 065336 | 072190 | 060150 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 69109 | 70114 | 70877 | 70547 | 71501 | 70671 | 69869 | 68515 | 68111 | 66829 | 65845 | 65301 | 689408 | 715010 | 653010 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 7769 | 77978 | 77542 | 77505 | 77532 | 77503 | 77499 | 77502 | 775 | 77519 | 77511 | 77521 | 775668 | 779780 | 774990 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13650 | 14170 | 16335 | 14925 | 14650 | 14225 | 14530 | 14544 | 14850 | 14625 | 14080 | 14040 | 1455200000 | 1633500000 | 1365000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13618 | 13984 | 14243 | 14102 | 14133 | 13936 | 13698 | 13592 | 13689 | 13646 | 13372 | 13228 | 137701 | 142430 | 132280 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23221 | 23238 | 23633 | 23309 | 23280 | 23204 | 23171 | 23174 | 23183 | 23177 | 23143 | 23083 | 2323466667 | 2363300000 | 2308300000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 31112 | 31661 | 32624 | 32326 | 31825 | 30872 | 31199 | 31082 | 31671 | 312 | 30268 | 2994 | 3131500 | 3262400 | 2994000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 79599 | 81441 | 85123 | 83475 | 8077 | 81928 | 75903 | 7783 | 7865 | 77228 | 767 | 71128 | 79147917 | 85123000 | 71128000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10908 | 1089 | 10829 | 10654 | 10713 | 10773 | 10429 | 10563 | 10551 | 10435 | 10388 | 10317 | 10620833 | 10908000 | 10317000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 118807 | 121638 | 12195 | 120616 | 12371 | 1198 | 11885 | 118422 | 116833 | 112881 | 11056 | 108461 | 117710667 | 123710000 | 108461000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 3132 | 31404 | 31355 | 31797 | 31105 | 30722 | 29031 | 29006 | 29423 | 29557 | 28845 | 28098 | 301386 | 317970 | 280980 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40875 | 4226 | 4295 | 4316 | 435 | 42795 | 42375 | 4163 | 4157 | 4158 | 4069 | 40105 | 419575 | 435000 | 401050 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 33357 | 33234 | 34141 | 34056 | 33572 | 34503 | 33732 | 34018 | 34297 | 34648 | 34516 | 34443 | 340431 | 346480 | 332340 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 50894 | 51024 | 50757 | 5037 | 50585 | 49795 | 49032 | 48314 | 4842 | 4838 | 48118 | 48007 | 4947467 | 5102400 | 4800700 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 30232 | 3024 | 30253 | 2976 | 29983 | 29448 | 29333 | 29376 | 28985 | 28598 | 2855 | 2807 | 2940233 | 3025300 | 2807000 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 59742 | 6216 | 65765 | 69528 | 68135 | 68476 | 69639 | 73286 | 78001 | 8311 | 7835 | 73693 | 708238 | 831100 | 597420 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 147542 | 156154 | 179346 | 181579 | 174636 | 172523 | 167385 | 165789 | 169531 | 163508 | 152422 | 146144 | 1647133 | 1815790 | 1461440 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 714525 | 7196 | 755575 | 75 | 75635 | 7553 | 747325 | 7335 | 738125 | 74105 | 740425 | 7309 | 7402229 | 7563500 | 7145250 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37516 | 37516 | 37587 | 37572 | 37551 | 37506 | 37506 | 37503 | 37508 | 37501 | 37505 | 37515 | 375238 | 375870 | 375010 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 103623 | 104602 | 102577 | 106803 | 107138 | 107132 | 107667 | 109277 | 108078 | 106324 | 105091 | 106635 | 106246 | 109277 | 102577 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 084172 | 085352 | 08928 | 087108 | 089906 | 091373 | 090586 | 089227 | 091379 | 090438 | 089736 | 09026 | 089068 | 091379 | 084172 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 106999 | 106388 | 105707 | 105833 | 10684 | 106931 | 10781 | 107618 | 108058 | 106823 | 108128 | 10838 | 107126 | 108380 | 105707 | 107615 | |||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2019 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-19 | Feb-19 | Mar-19 | Apr-19 | May-19 | Jun-19 | Jul-19 | Aug-19 | Sep-19 | Oct-19 | Nov-19 | Dec-19 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 3741050 | 3878 | 43635 | 4432 | 4454500 | 42675 | 43935 | 578655 | 5732 | 596945 | 597375 | 5985 | 4956573 | 5985000 | 3741050 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 367900 | 37287 | 39005 | 39413 | 398090 | 38194 | 37903 | 41696 | 41571 | 39899 | 42107 | 40214 | 394617 | 421070 | 367900 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 316290000 | 306967 | 317552 | 325128 | 336260000 | 319593 | 330106 | 343599 | 345776 | 338689 | 350988 | 328075 | 329342091 | 350988000 | 306967000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 335150 | 32958 | 33195 | 33099 | 336450 | 32892 | 32855 | 33937 | 33805 | 33433 | 33932 | 33148 | 333426 | 339370 | 328550 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696000 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 5030900 | 50171 | 5028 | 50701 | 5028500 | 50643 | 5072 | 50774 | 524 | 5281 | 52856 | 5295 | 5132855 | 5295000 | 5017100 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 1913710 | 191613 | 193584 | 190288 | 1955140 | 191857 | 190491 | 201595 | 196839 | 190735 | 195127 | 189251 | 1929774 | 2015950 | 1892510 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 131290 | 13154 | 13438 | 13461 | 135380 | 13097 | 13138 | 13301 | 13234 | 13158 | 13286 | 13051 | 132225 | 134610 | 130510 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 115040 | 11377 | 1123 | 11189 | 111280 | 11362 | 11155 | 11047 | 10936 | 11164 | 1101 | 11202 | 111978 | 115040 | 109360 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 099260 | 09986 | 09959 | 1019 | 100530 | 09755 | 09911 | 09873 | 09911 | 09872 | 09985 | 09679 | 099134 | 101900 | 096790 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 131260 | 13303 | 13068 | 12944 | 126070 | 12668 | 1216 | 12183 | 12296 | 12926 | 12912 | 13118 | 127913 | 133030 | 121600 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 372470 | 37912 | 38234 | 38356 | 385280 | 37408 | 38524 | 39704 | 40057 | 38128 | 39233 | 37958 | 384328 | 400570 | 372470 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 2238300 | 22522 | 22965 | 22923 | 2320450 | 22385 | 230019 | 234362 | 23629 | 228556 | 232165 | 226645 | 2290743 | 2362900 | 2238300 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 27437000 | 27792 | 28516 | 28878 | 29197000 | 28494 | 29349 | 29989 | 30652 | 29494 | 30499 | 29533 | 29148455 | 30652000 | 27437000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 423232 | 424214 | 438026 | 440992 | 442995 | 43396 | 422808 | 460616 | 45462 | 445432 | 463598 | 450477 | 441634 | 463598 | 422808 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 6538700 | 657042 | 647791 | 644333 | 6525850 | 630529 | 63485 | 66505 | 645088 | 637495 | 640362 | 619672 | 6432802 | 6650500 | 6196720 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 072670 | 07144 | 0709 | 07045 | 069180 | 0701 | 06897 | 06717 | 06755 | 06923 | 06775 | 07005 | 069662 | 072670 | 067170 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 069140 | 06847 | 06789 | 06665 | 065110 | 06699 | 06599 | 06298 | 06268 | 06424 | 06422 | 06729 | 066049 | 069140 | 062680 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 669840 | 6681 | 67244 | 67368 | 690830 | 68727 | 68809 | 71506 | 71231 | 70384 | 70321 | 69759 | 690130 | 715060 | 668100 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 784480 | 78494 | 78499 | 7845 | 784690 | 781 | 78254 | 78451 | 7841 | 78354 | 78269 | 77845 | 783249 | 784990 | 778450 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13980 | 14065 | 14230 | 14225 | 1437300000 | 14125 | 14008 | 14225 | 14170 | 14008 | 14110 | 13870 | 1409236364 | 1423000000 | 1387000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 134590 | 13486 | 13556 | 1362 | 137870 | 13536 | 13692 | 13884 | 13815 | 13604 | 13663 | 13471 | 136169 | 138840 | 134590 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23199 | 23198 | 23175 | 23280 | 2341300000 | 23299 | 23200 | 23195 | 23201 | 23199 | 23195 | 23172 | 2321027273 | 2329900000 | 2317200000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 3123900 | 31461 | 31808 | 31933 | 3177500 | 30743 | 30772 | 30637 | 30587 | 30187 | 30229 | 2987 | 3086055 | 3193300 | 2987000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 66726000 | 65056 | 68319 | 67936 | 70901000 | 67977 | 70109 | 72096 | 72652 | 73834 | 82799 | 75163 | 71151545 | 82799000 | 65056000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10880000 | 11089 | 11072 | 11149 | 10896000 | 10764 | 10854 | 10636 | 10788 | 10866 | 10947 | 10869 | 10901273 | 11149000 | 10636000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 111040000 | 111855 | 113511 | 11641 | 119060000 | 11562 | 11805 | 12081 | 119827 | 11608 | 11812 | 115568 | 116081000 | 120810000 | 111040000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 300140 | 30349 | 30745 | 30856 | 310260 | 30387 | 30953 | 31255 | 31572 | 30925 | 31359 | 30822 | 308397 | 315720 | 300140 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 408600 | 4069 | 40815 | 4134 | 419650 | 4141 | 4127 | 4221 | 4186 | 41755 | 4171 | 4092 | 413491 | 422100 | 406900 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 328410 | 32841 | 32895 | 32841 | 328950 | 33003 | 33113 | 33167 | 33321 | 33177 | 3329 | 33768 | 331143 | 337680 | 328410 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 5205600 | 51729 | 52593 | 52025 | 5225500 | 51209 | 5081 | 5216 | 51763 | 50764 | 50809 | 5068 | 5150891 | 5259300 | 5068000 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 3066600 | 30794 | 3085 | 30925 | 3161500 | 31006 | 31082 | 31321 | 3103 | 30395 | 30525 | 29981 | 3077955 | 3132100 | 2998100 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 521710 | 53184 | 55715 | 59545 | 590660 | 5776 | 55591 | 58369 | 56673 | 5707 | 57589 | 59483 | 566500 | 595450 | 521710 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 1331760 | 13933 | 145893 | 143317 | 1481780 | 141702 | 141787 | 15335 | 151298 | 149581 | 147129 | 141242 | 1443459 | 1533500 | 1331760 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7099750 | 71135 | 690775 | 6982 | 6977250 | 689725 | 68865 | 7174 | 7064 | 70745 | 716975 | 712825 | 7045205 | 7174000 | 6886500 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 375030 | 375 | 37501 | 37501 | 375000 | 375 | 37503 | 37499 | 37513 | 37501 | 37497 | 37507 | 375023 | 375130 | 374970 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 105106 | 104338 | 104434 | 105701 | 106251 | 104642 | 104516 | 106653 | 10777 | 107768 | 105497 | 104102 | 105502 | 107770 | 104102 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 087643 | 085522 | 085935 | 086442 | 088268 | 089691 | 091735 | 090676 | 088939 | 086369 | 08527 | 085394 | 087601 | 091735 | 085270 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 114189 | 113611 | 11184 | 114016 | 111870 | 110836 | 110557 | 109067 | 108387 | 110211 | 109935 | 108424 | 111007 | 114189 | 108387 | 107615 | |||||||||||||||||||||||
SAFE HARBOR COMMENTSFORWARD-LOOKING STATEMENTS
This presentation contains ldquoforward-lookingrdquo statements related to O-I Glass Inc (the ldquocompanyrdquo) within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended (the ldquoExchange Actrdquo) and Section 27A of the Securities Act of 1933 Forward-looking statements reflect the companyrsquos current expectations and projections about future events at the time and thus involve uncertainty and risk The words ldquobelieverdquo ldquoexpectrdquo ldquoanticipaterdquo ldquowillrdquo ldquocouldrdquo ldquowouldrdquo ldquoshouldrdquo ldquomayrdquo ldquoplanrdquo ldquoestimaterdquo ldquointendrdquo ldquopredictrdquo ldquopotentialrdquo ldquocontinuerdquo and the negatives of these words and other similar expressions generally identify forward-looking statements
It is possible that the companyrsquos future financial performance may differ from expectations due to a variety of factors including but not limited to the following (1) the risk that the proposed plan of reorganization may not be approved by the bankruptcy court or that other conditions necessary to implement the agreement in principle may not be satisfied (2) the actions and decisions of participants in the bankruptcy proceeding and the actions and decisions of third parties including regulators that may have an interest in the bankruptcy proceedings (3) the terms and conditions of any reorganization plan that may ultimately be approved by the bankruptcy court (4) delays in the confirmation or consummation of a plan of reorganization due to factors beyond the companyrsquos and Paddockrsquos control (5) risks with respect to the receipt of the consents necessary to effect the reorganization (6) risks inherent in and potentially adverse developments related to the bankruptcy proceeding that could adversely affect the company and the companyrsquos liquidity or results of operations (7) the impact of the COVID-19 pandemic and the various governmental industry and consumer actions related thereto (8) the companyrsquos ability to obtain the benefits it anticipates from the corporate modernization (9) the companyrsquos ability to manage its cost structure including its success in implementing restructuring or other plans aimed at improving the companyrsquos operating efficiency and working capital management achieving cost savings and remaining well-positioned to address Paddockrsquos legacy liabilities (10) the companyrsquos ability to acquire or divest businesses acquire and expand plants integrate operations of acquired businesses and achieve expected benefits from acquisitions divestitures or expansions (11) the companyrsquos ability to achieve its strategic plan (12) the companyrsquos ability to improve its glass melting technology known as the MAGMA program (13) foreign currency fluctuations relative to the US dollar (14) changes in capital availability or cost including interest rate fluctuations and the ability of the company to refinance debt on favorable terms (15) the general political economic and competitive conditions in markets and countries where the company has operations including uncertainties related to Brexit economic and social conditions disruptions in the supply chain competitive pricing pressures inflation or deflation changes in tax rates and laws natural disasters and weather (16) the companyrsquos ability to generate sufficient future cash flows to ensure the companyrsquos goodwill is not impaired (17) consumer preferences for alternative forms of packaging (18) cost and availability of raw materials labor energy and transportation (19) consolidation among competitors and customers (20) unanticipated expenditures with respect to data privacy environmental safety and health laws (21) unanticipated operational disruptions including higher capital spending (22) the companyrsquos ability to further develop its sales marketing and product development capabilities (23) the failure of the companyrsquos joint venture partners to meet their obligations or commit additional capital to the joint venture (24) the ability of the company and the third parties on which it relies for information technology system support to prevent and detect security breaches related to cybersecurity and data privacy (25) changes in US trade policies and the other risk factors discussed in the companyrsquos Annual Report on Form 10-K for the year ended December 31 2020 and any subsequently filed Annual Report on Form 10-K Quarterly Reports on Form 10-Q or the companyrsquos other filings with the Securities and Exchange Commission
It is not possible to foresee or identify all such factors Any forward-looking statements in this document are based on certain assumptions and analyses made by the company in light of its experience and perception of historical trends current conditions expected future developments and other factors it believes are appropriate in the circumstances Forward-looking statements are not a guarantee of future performance and actual results or developments may differ materially from expectations While the company continually reviews trends and uncertainties affecting the companyrsquos results or operations and financial condition the company does not assume any obligation to update or supplement any particular forward-looking statements contained in this document
3
OVERVIEW
RESULTS CONSISTENT WITH GUIDANCE DESPITE SEVERE WEATHERbull 1Q21 aEPS1 was $035 compared to original guidance of $032 ndash $037
FAVORABLE UNDERLYING PERFORMANCE ACROSS BUSINESS LEVERSbull Benefit of higher price offset cost inflation excluding weather related energy surchargesbull 1Q21 shipments in-line with PY (up 15 excluding impact of severe weather affecting US Mexico)bull Continued strong operating performance and positive impact of margin expansion initiativesbull Cash flow favorable to historic trends reflects strong working capital managementbull Preference for glass as the healthy premium and sustainable option for Food and Beverage
ADVANCING BOLD PLAN TO CHANGE O-IrsquoS BUSINESS FUNDAMENTALSbull Step change in ability to consistently perform and deliver on commitmentsbull Successfully advancing breakthrough innovations like MAGMA to revolutionize glassbull Removing historic asbestos liability constraints through Paddockrsquos agreement in principle for a
consensual plan of reorganization3
bull At an inflection with increased stability and agility enabling a new period of prosperity for O-I
STRATEGY IMPROVING BUSINESS OUTLOOKbull 2Q21 aEPS expected to be $045 ndash $050 versus $001 in prior yearbull Reiterate FY21 guidance $155 - $175 aEPS ~ $240M FCF3
1 Adjusted EPS excludes items management does not consider representative of ongoing operations See the appendix for further disclosure2 On April 26 2021 O-I announced that its subsidiary Paddock Enterprises LLC had reached an agreement in principle to accept the terms of a mediatorrsquos
proposal regarding a consensual plan of reorganization under the Bankruptcy Code The agreement provides for total consideration of $610 million to fund a trust on the effective date of a plan of reorganization subject to definitive documentation and satisfaction of certain conditions
3 Management defines free cash flow as cash provided by continuing operating activities less cash paid for property plant and equipment (all components as determined in accordance with GAAP) See the appendix for further disclosure
4
SHIPMENTS STABILIZE ACROSS ALL GEOGRAPHIES
-20
-15
-10
-5
0
5
1Q20 2Q20 3Q20 4Q20 1Q21
O-I SHIPMENT TRENDS (VS PY)
O-I AM EU
Note Volumes are on a year over year and same structure basis excluding ANZ
O-I and Americas up ~15 excluding impact of severe
weather
100111
103100
51
108
0
25
50
75
100
125
150
Pre-Pandemic Pandemic Post-Pandemic
Con
sum
ptio
n In
dex
Retail On Premise
Source Barclays
EST FOOD amp BEV CONSUMPTION TRENDS BY CHANNEL
Pandemic disruption
EXPECTED VOLUME GROWTH ge 15 1Q21 3 ndash 4 FY21
5
ADVANCING BOLD PLAN TO CHANGE BUSINESS FUNDAMENTALS
ENABLING A NEW PERIOD OF PROSPERITY
2021 PRIORITIES 1Q21 HIGHLIGHTS
❶ MARGIN EXPANSION ndash STRONG OPERATING PERFORMANCE AND COST EFFICIENCIES
$50M gross initiative benefits $35M benefits YTD accelerated activity given severe weather
Improve performance in North America Quick response to severe weather illustrates improved agility
❷ REVOLUTIONIZE GLASS ndash CREATE A NEW BUSINESS MODEL FOR GLASS PACKAGING
Validate MAGMA Gen 1 in Germany Successful start-up of Holzminden MAGMA line
Glass advocacy campaign Approximately 110 million impressions on digital marketing campaign
Reposition ESG Expanded initiatives doubled goals 2021 Sustainability report Q3
❸ OPTIMIZE STRUCTURE ndash REBALANCE BUSINESS PORTFOLIO AND IMPROVE BALANCE SHEET
Advance O-Irsquos $115B divestiture program $900M completed to-date additional $50M land sales in advanced stages
Evaluate expansion opportunities Announced $75M investment in Andean funded by additional divestitures
Increase cash flow and reduce debt Favorable YTD FCF compared to historic trends favorable working capital
Further efforts for a simple agile organization Entered a strategic partnership for managed services
Advance Paddock Enterprises LLC Chapter 11 524(g) case Agreement in principle reached for Paddockrsquos consensual plan of reorganization1
1 On April 26 2021 O-I announced that its subsidiary Paddock Enterprises LLC had reached an agreement in principle to accept the terms of a mediatorrsquos proposal regarding a consensual plan of reorganization under the Bankruptcy Code The agreement provides for total consideration of $610 million to fund a trust on the effective date of a plan of reorganization subject to definitive documentation and satisfaction of certain conditions
6
In a world where SUSTAINABILITY is more important than ever we are proud to make an inherently SUSTAINABLE product
bull Made from four basic natural inert ingredients
bull Does not impact the productrsquos taste or integrity
bull Only food contact material lsquoGenerally Recognized as Safersquo by US Food and Drug Administration
bull 100 percent recyclable ndash endlessly ndash into new food-safe glass packaging
bull Very circular ndash majority of containers recycled into new containers
bull Reusable and refillable up to 25x
bull Wonrsquot harm the earth or oceans
SURVEY OF CONSUMER VIEWS ON SUSTAINABILITY OF PACKAGING SUBSTRATES
Source McKinsey and Company ldquoSustainability in packaging Inside the minds of global consumersrdquo (2020)
GLASS THE WORLDrsquoS MOST SUSTAINABLE PACKAGE
CONSUMERS VIEW GLASS AS HIGHLY SUSTAINABLE
7
1Q21 aEPS WAS $035 VS $041 IN PY AND $032 ndash $037 GUIDANCEbull At mid-point of guidance rangebull Benefit of margin expansion initiatives substantially offset impact of severe weather in USMX
SEGMENT OPERATING PROFIT IN LINE WITH PY DESPITE WEATHERbull Est $40M impact from severe weather ‒ Energy surcharge cost inflation ($20M) lower sales vol ($8M) and lower production vol ($12M)
bull $35M benefit from margin expansion initiatives accelerated given weather issuesbull Cost inflation exceeded higher selling prices due to weather related energy surchargesbull Sales volume flat (up ~ 15 vs PY excluding impact of severe weather)bull Good operating performance ‒ Margin expansion initiatives (Factory Performance and Cost Transformation)‒ Short term measures to help mitigate weather impact‒ Lower production volume due to severe weather
NON-OPERATING ITEMSbull Slightly higher retained corporate cost Additional RampD mostly offset by cost reductionbull Adjusted effective tax rate5 ~29 1Q21 actual ~27 1Q20 actual ~30 1Q21 guidance
1Q21 RESULTSEARNINGS IN LINE WITH ORIGINAL GUIDANCE
1 Segment operating profit is defined as consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs and the Companyrsquos global equipment business See the appendix for further disclosure
2 Foreign currency effect determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
3 Divestitures include Argentina and ANZ4 Net price represents the net impact of movement in selling prices and cost inflation 5 Adjusted effective tax rate exclude certain items that management considers not representative of
ongoing operations
SEGMENT OPERATING PROFIT1 ($M) aEPS
1Q20 AS REPORTED $176 $041
FX2 10 000
Divestitures (primarily ANZ3) (12) (005)
SUBTOTAL $174 $036
Net price4 (incl cost inflation) (20) (009)
Volume and mix (incl acquisitions) 2 001
Operating costs (excl cost inflation) 19 009
Retained corporate costs mdash (001)
Net interest expense NCI mdash 000
Change in tax rate5 mdash (001)
Share count mdash 000
1Q21 RESULTS $175 $035
8
1Q21 SEGMENT REVIEWHIGHER PROFITS IN EUROPE WHILE AMERICAS IMPACTED BY SEVERE WEATHER
AMERICAS EUROPE ASIA PACIFIC1
($M)
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
1Q20 $103 $61 $12
FX 4 6 mdash
Divestitures mdash mdash (12) ANZ sale
SUBTOTAL $107 $67 $0
Net price(incl cost inflation) (17)
Est $20M energy surcharge (weather)
Constructive price environmentbull Revenue Optimization
(3)
Moderate inflation Constructive price
environmentbull Revenue Optimization
mdash
Volume and mix(incl acquisitions) (1) Sales volume down 13
(up 15 excl weather) 3 Sales volume up 20 mdash
Operating costs(excl cost inflation) 11
Margin expansion initiativesbull Factory Performancebull Cost Transformation
Short term measures to mitigate weather impact
Impact of severe weather
8
Margin expansion initiativesbull Factory Performancebull Cost Transformation mdash
1Q21 $100 $75 $0
1 Following the sale of ANZ on July 31 2020 the remaining businesses in the Asia Pacific region do not meet the criteria of an individually reportable segment Therefore the results for the companyrsquos remaining Asia businesses will be included in retained corporate and other costs following that date
9
(149)
(435)
112 205 264
(716)
(179)
316
561
(800)
(400)
0
400
800
1Q 2Q 3Q 4Q
($M
)
FCF Progression
2021 2020 2019
2021 FCF AND CAPITAL STRUCTURE
GUIDING PRINCIPLE PROGRESS
Maximize Free Cash Flow1
FY21 FCF ~ $240M (20-25 conversion)
DSODPOIDS flat or fav with PY1Q21 FCF ($149)M vs ($435)M in PY1Q21 IDS 11 days below PY
Preserve Strong Liquidity
Liquidity ge $125B across 2021 1Q21 committed liquidity ~ $21B
Reduce Net Debt2
FYE21 Net Debt lt $44B3
FYE21 BCA leverage ratio ldquohigh 3srdquo3
Divestitures for further deleveraging
1Q21 Net Debt ~ $900M below 1Q201Q21 BCA leverage ratio4 well below covenantFinal ANZ proceeds received ($58M in 1Q21)
De-Risk Legacy Liabilities
Advance Paddock Chapter 11 524(g) case Agreement in principle for a consensual plan of reorganization$610M mill total consideration to fund a section 524(g) trust on effective date of a confirmed plan of reorganization
FY21 FCF1 AND NET DEBT2
FAVORABLE TO PYHIGHER FCF AND LOWER NET DEBT
46
55 54
4846
56
60
56
50
40
45
50
55
60
65
1Q 2Q 3Q 4Q
($B)
Net Debt Progression
2021 2020 20191 Management defines free cash flow as cash provided by continuing operating activities less cash paid for property plant and
equipment (all components as determined in accordance with GAAP) See the appendix for further disclosure2 Net Debt is defined as Total Debt less Cash See appendix for further disclosure3 2021 targets exclude any potential impact of Paddock 524(g) funding in the event reorganization is completed prior to FYE214 BCA leverage ratio is defined as Net Debt divided by EBITDA after credit agreement adjustments
10
2021 BUSINESS OUTLOOK
2Q21 GUIDANCE $045 ndash $050 aEPS COMPARED TO $001 IN PY
bull Prior year results reflected significant disruption due to the onset of the pandemicbull Higher selling prices should mostly offset inflation which is beginning to normalizebull Expect improved volumes sales volume up ge 15 production up ge 20bull Continued solid operating performance but prior period temporary benefits donrsquot repeat
REITERATE FY21 GUIDANCE $155 ndash $175 aEPS AND ~ $240M FCF
bull Reiterate despite 1Q21 headwinds including severe weatherbull 20-25 FCF conversion
2021 INVESTOR DAY EXPECTED MID-SEPTEMBER
bull Updated strategybull MAGMA value analysis and initial deployment approachbull Share company targets and milestones
IMPROVING OUTLOOK AS MARKETS STABILIZE AND RECOVER
2Q2Q20 AS REPORTED $001
FX1 $000
Divestitures2 ($001)
SUBTOTAL $000
Net price3
(incl cost inflation) Volume and mix(incl acquisitions) Vol up ge 15
Operating costs(excl cost inflation) Production up ge 20
Prior period benefits donrsquot repeat
Retained corp costs RampD Incentives
Net interest exp NCI Change in tax rate4 ~ 30 tax rate
Share count 2Q21 GUIDANCE $045 ndash $050
2Q21 EARNINGS OUTLOOK (aEPS)
1 Foreign currency effect determined by using March 31 2021 foreign currency exchange rates to translate 2020 local currency results2 Divestiture of ANZ and Argentina net of lower interest expense due to debt reduction Excludes factoring impact3 Net price represents the net impact of movement in selling prices and cost inflation 4 Adjusted effective tax rate exclude certain items that management considers not representative of ongoing operations
11
CONCLUSION
1Q21 results in line with guidance despite weather issues
Fav underlying performance across all business levers
Advancing bold plan to change O-Irsquos business fundamentals
Improving business outlook and volume growth
FINANCIAL APPENDIX
13
1Q21 SEGMENT FX IMPACT ON EARNINGS
APPROXIMATE ANNUAL IMPACT ON FX RATES AT KEY POINTSEPS FROM 10 FX CHANGE Apr 27st AVG Avg Avg
2021 1Q21 2020 2Q20EUR 009 EUR 121 120 115 111 MXN 003 MXN 2004 2064 2156 2298 BRL 003 BRL 545 558 521 538 COP 001 COP 3716 3627 3715 3791
14
NON-GAAP FINANCIAL MEASURES
The company uses certain non-GAAP financial measures which are measures of its historical or future financial performance that are not calculated and presented in accordance with GAAP within the meaning of applicable SEC rules Management believes that its presentation and use of certain non-GAAP financial measures including adjusted earnings adjusted earnings per share segment operating profit net debt free cash flow adjusted EBITDA adjusted EBITDA to free cash flow conversion adjusted interest expense and adjusted effective tax rate provide relevant and useful supplemental financial information that is widely used by analysts and investors as well as by management in assessing both consolidated and business unit performance These non-GAAP measures are reconciled to the most directly comparable GAAP measures and should be considered supplemental in nature and should not be considered in isolation or be construed as being more important than comparable GAAP measures
Adjusted earnings relates to net earnings from continuing operations attributable to the company exclusive of items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Adjusted earnings are divided by weighted average shares outstanding (diluted) to derive adjusted earnings per share Segment operating profit relates to earnings from continuing operations before interest expense net and before income taxes and is also exclusive of items management considers not representative of ongoing operations as well as certain retained corporate costs Management uses adjusted earnings adjusted earnings per share and segment operating profit to evaluate its period-over-period operating performance because it believes these provide useful supplemental measures of the results of operations of its principal business activity by excluding items that are not reflective of such operations Adjusted earnings adjusted earnings per share and segment operating profit may be useful to investors in evaluating the underlying operating performance of the companyrsquos business as these measures eliminate items that are not reflective of its principal business activity
Net debt is defined as total debt less cash Management uses net debt to analyze the liquidity of the company
Further free cash flow relates to cash provided by continuing operating activities less cash payments for property plant and equipment Management has historically used free cash flow to evaluate its period-over-period cash generation performance because it believes this has provided a useful supplemental measure related to its principal business activity Adjusted EBITDA relates to net earnings from continuing operations attributable to the company less interest taxes depreciation and amortization as well as items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Free cash flow to adjusted EBITDA conversion may be useful to investors to assist in understanding the comparability of cash flows generated by the companyrsquos principal business activity It should not be inferred that the entire free cash flow amount is available for discretionary expenditures since the company has mandatory debt service requirements and other non-discretionary expenditures that are not deducted from the measure Management uses non-GAAP information principally for internal reporting forecasting budgeting and calculating compensation payments
The Company routinely posts important information on its website at o-icominvestors
15
RECONCILIATION TO EARNINGS BEFORE INCOME TAXES
Unaudited2021 2020
Net sales Americas 837$ 831$ Europe 639 576 Asia Pacific - 123 Reportable segment totals 1476 1530
Other 24 31 Net sales 1500$ 1561$
Segment operating profit (a)
Americas 100$ 103$ Europe 75 61 Asia Pacific - 12
Reportable segment totals 175 176
Items excluded from segment operating profit Retained corporate costs and other (35) (28) Charge related to Paddock support agreement liability (154) Charge for deconsolidation of Paddock (14)
Interest expense net (51) (53) Earnings (loss) before income taxes (65)$ 81$
Ratio of earnings before income taxes to net sales -43 52
Segment operating profit margin (b)
Americas 119 124 Europe 117 106 Asia Pacific - 98
Reportable segment margin totals 119 115
(a)
(b) Segment operating profit margin is segment operating profit divided by segment net sales
Three months ended March 31
The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources
Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs
16
SEGMENT RECONCILIATIONS
1Q PRICE VOLUME AND CURRENCY IMPACT ON REPORTABLE SEGMENT SALES
1Q PRICE SALES VOLUME OPERATING COSTS AND CURRENCY IMPACT ON REPORTABLE SEGMENT OPERATING PROFIT
(a) Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
Americas Europe Asia Pacific Total
Net sales for reportable segments- 1Q20 831$ 576$ 123$ 1530$ Effects of changing foreign currency rates (a) (13) 48 35 Price 26 2 28 Sales volume amp mix (3) 13 10 Divestitures (4) (123) (127)
Total reconciling items 6 63 (123) (54) Net sales for reportable segments- 1Q21 837$ 639$ -$ 1476$
Three months ended March 31
Americas Europe Asia Pacific TotalSegment operating profit - 1Q20 103$ 61$ 12$ 176$
Effects of changing foreign currency rates (a) 4 6 10 Net price (net of cost inflation) (17) (3) (20) Sales volume amp mix (1) 3 2 Operating costs 11 8 19 Divestitures (12) (12)
Total reconciling items (3) 14 (12) (1) Segment operating profit - 1Q21 100$ 75$ -$ 175$
Three months ended March 31
17
RECONCILIATION FOR NET DEBT
Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019 Dec 31 2021
Total debt 5348$ 6398$ 6507$ 5375$ 5142$ 5911$ 6331$ 5888$ 5559$ 4900$ Cash and cash equivalents 742 891 1067 606 563 326 371 273 551 500 Net Debt 4606$ 5507$ 5440$ 4769$ 4579$ 5585$ 5960$ 5615$ 5008$ 4400$
Three Months Ended
18
EBITDA AND FREE CASH FLOW RECONCILIATIONS
RECONCILIATION TO FREE CASH FLOW Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019
Dec 31 2020
Dec 31 2019 Dec 31 2021
Cash provided by (utilized in) operating activities (56)$ (315)$ 181$ 262$ 329$ (595)$ (67)$ 416$ 654$ 457$ 408$ 615$ Cash payments for property plant and equipment (93) (120) (69) (57) (65) (121) (112) (100) (93) (311) (426) (375) Free cash flow (non-GAAP) (149)$ (435)$ 112$ 205$ 264$ (716)$ (179)$ 316$ 561$ 146$ (18)$ 240$
Three Months Ended Year Ended
RECONCILIATION TO EBIDTAThe Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measures earnings (loss) from operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings (loss) from operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) from operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
19
RECONCILIATION FOR ADJUSTED EFFECTIVE TAX RATE
Unaudited Three Months Ended Three Months EndedMarch 31 2021 March 31 2020
(65)$ 81$ Items management considers not representative of ongoing operations 154 14
89$ 95$
Benefit (Provision) for income taxes (B) (26)$ (26)$ Tax items management considers not representative of ongoing operations - - Adjusted benefit (provision) for income taxes (D) (26)$ (26)$
Effective Tax Rate (B)(A) -400 321Adjusted Effective Tax Rate (D)(C) 292 274
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) before income taxes because management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss)before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted effective tax rate to earnings (loss) before income taxes divided by provision for income taxes or address the probable significance of the unavailable information which could be material to the Companys future financial results
Adjusted Earnings (loss) before income taxes (C)
Earnings before income taxes (A)
20
RECONCILIATION FOR ADJUSTED EARNINGS
The reconciliation below describes the items that management considers not representative of ongoing operationsUnaudited
March 31 2021 March 31 2020
(97)$ 50$ Items impacting other expense net
Charge related to Paddock support agreement liability 154Charge for deconsolidation of Paddock 14
Total adjusting items (non-GAAP) 154$ 14$
Adjusted earnings (non-GAAP) 57$ 64$
Diluted average shares (thousands) 157571 157684
Net earnings (loss) attributable to the Company (diluted) (062)$ 032$ Adjusted earnings per share (non-GAAP) (a) 035$ 041$
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
Net earnings (loss) attributable to the Company
Three months ended
21
RECONCILIATION FOR 2Q20 ADJUSTED EARNINGS
Unaudited
Three months ended
June 302020
(101)$ Items impacting other expense net
Restructuring asset impairment and other charges 71 Strategic transaction costs 4 Pension settlement charges 8
Items impacting interest expenseCharges for note repurchase premiums and write-off of finance fees 38
Items impacting income taxNet benefit for income tax on items above (19)
Total adjusting items (non-GAAP) 102$
Adjusted earnings (non-GAAP) 1$
Diluted average shares (thousands) 156790
Earnings (loss) per share from continuing operations (diluted) (064)$
Adjusted earnings per share (non-GAAP) (a) 001$
Earnings (loss) from continuing operations attributable to the Company
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 158327 for the three months ended June 30 2020
| OWENS-ILLINOIS INC | ||||||||||||||||||||||
| Reconciliation to Adjusted Earnings and Constant Currency | ||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||
| Unaudited | Three months ended December 31 | Nine months ended Sept 30 | Six months ended June 30 | |||||||||||||||||||
| 2016 | 2014 | 2015 | 2014 | 2015 | 2014 | |||||||||||||||||
| Earnings from continuing operations attributable to the Company | $ (70) | $ 61 | $ 131 | $ 297 | $ 113 | $ 236 | ||||||||||||||||
| Items management considers not representative of ongoing operations | ||||||||||||||||||||||
| Restructuring asset impairment and other charges | 110 | |||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (64) | 71 | 64 | 71 | 22 | - 0 | ||||||||||||||||
| Pension settlement charges | 98 | |||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 9 | |||||||||||||||||||||
| Net expense for income tax on items above | 6 | |||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (8) | (1) | (1) | |||||||||||||||||||
| Total adjusting items | 151 | 70 | 64 | 70 | 55 | - 0 | ||||||||||||||||
| Adjusted earnings | $ 81 | $ 131 | $ 195 | $ 367 | $ 168 | $ 236 | ||||||||||||||||
| Currency effect on earnings (1) | $ 2 | $ (24) | $ (68) | $ (44) | ||||||||||||||||||
| Adjusted earnings on a constant currency basis | $ 83 | $ 107 | $ 299 | $ 192 | ||||||||||||||||||
| Diluted average shares (thousands) | 162193 | 166138 | 162264 | 166187 | 162594 | 166212 | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | $ (043) | $ 037 | $ 081 | $ 179 | $ 069 | $ 142 | ||||||||||||||||
| Adjusted earnings per share | $ 050 | $ 079 | $ 160 | $ 221 | $ 103 | $ 142 | ||||||||||||||||
| Adjusted earnings per share on a constant currency basis | $ 051 | $ 064 | $ 179 | $ 115 | ||||||||||||||||||
| (1) | In the three months ended September 30 2016 there were no items in which management considered not representative of ongoing operations | |||||||||||||||||||||
| (1) | Currency effect on earnings determined by using September 30 2017 foreign currency exchange rates to translate third quarter 2016 local currency results | |||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Three months ended June 30 | Year ended December 31 | |||||||||||||||||||||||
| 2016 | 2015 | 2018 | 2017 | 2016 | 2015 | 2017 | 2017 | ||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 98 | $ 49 | $ 68 | $ 71 | $ 140 | $ 183 | |||||||||||||||||||
| Items impacting cost of good sold | |||||||||||||||||||||||||||
| Pension settlement charges | - 0 | 200 | |||||||||||||||||||||||||
| Items impacting selling and administrative expense | |||||||||||||||||||||||||||
| Pension settlement charges | 18 | ||||||||||||||||||||||||||
| Items impacting other expense net | |||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 8 Lea Stoehr Lea Stoehr-1 | 39 | 19 | 10 | 77 | ||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (7) | (7) | |||||||||||||||||||||||||
| Items impacting interest expense | |||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | - 0 | 17 | 18 | ||||||||||||||||||||||||
| Items impacting income tax | |||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||
| Net benefit for income tax on items above | - 0 | (9) | (4) | (4) | (27) | ||||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (20) | (29) | |||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | |||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | 5 | (1) | 2 | (3) | (3) | ||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ 6 | $ - 0 | $ 46 | $ 10 | $ - 0 | $ (17) | $ 254 | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 98 | $ 95 | $ 78 | $ 71 | $ 123 | $ 437 | |||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 165186 | 163840 | 161793 | 163287 | 164482 | 164647 | |||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 059 | $ 030 | $ 042 | $044 | $ 085 | $ 111 | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | $ (027) | $ 059 | $ 058 | $ 048 | $044 | $ 075 | $ 265 | |||||||||||||||||||
| v3 | ||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||
| Reportable Segment Information | ||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended September 30 | Six months ended June 30 | |||||||||||||||||||||
| 2016 | 2015 | 2017 | 2016 | 2015 | 2016 | 2015 | ||||||||||||||||||
| Net sales | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 605 | $ 1209 | $ 1204 | |||||||||||||||||
| North America | (294) | (169) | 837 | 831 | 520 | 1131 | 1000 | |||||||||||||||||
| Latin America | (18) | 164 | 639 | 576 | 265 | 657 | 412 | |||||||||||||||||
| Asia Pacific | (317) | (193) | - | 123 | 162 | 317 | 316 | |||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||
| Reportable segment totals | (1838) | (1402) | 1476 | 1530 | 1552 | 3314 | 2932 | |||||||||||||||||
| - 0 | ||||||||||||||||||||||||
| Other | (10) | (1) | 24 | 31 | 14 | 34 | 32 | |||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||
| Net sales | $ (1848) | $ (1403) | $ 1500 | $ 1561 | $ 1566 | $ 3348 | $ 2964 | |||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 68 | $ 128 | $ 113 | |||||||||||||||||
| North America | (68) | (50) | 100 | 103 | 61 | 168 | 153 | |||||||||||||||||
| Latin America | (45) | 4 | 75 | 61 | 51 | 120 | 57 | |||||||||||||||||
| Asia Pacific | (28) | (20) | - | 12 | 19 | 28 | 32 | |||||||||||||||||
| Reportable segment totals | ERRORREF | ERRORREF | 175 | 176 | 199 | 444 | 355 | |||||||||||||||||
| Items excluded from segment operating profit | ||||||||||||||||||||||||
| Retained corporate costs and other | 22 | 11 | (35) | (28) | (10) | (57) | (39) | |||||||||||||||||
| Items not considered representative of ongoing operations (b) | 12 | 33 | (64) | (12) | (33) | |||||||||||||||||||
| Interest expense net | 82 | 68 | (51) | (53) | (67) | (133) | (121) | |||||||||||||||||
| Earnings from continuing operations before income taxes | ERRORREF | ERRORREF | $ (65) | $ 81 | $ 58 | $ 242 | $ 162 | |||||||||||||||||
| Ratio of earnings from continuing operations before income taxes to net sales | ERRORREF | ERRORREF | -43 | 52 | 37 | |||||||||||||||||||
| Segment operating profit margin (c) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 112 | 106 | 94 | |||||||||||||||||
| North America | 231 | 296 | 119 | 124 | 117 | 149 | 153 | |||||||||||||||||
| Latin America | 2500 | 24 | 117 | 106 | 192 | 183 | 138 | |||||||||||||||||
| Asia Pacific | 88 | 104 | ERRORDIV0 | 98 | 117 | 88 | 101 | |||||||||||||||||
| Reportable segment margin totals | ERRORREF | ERRORREF | 119 | 115 | 128 | 134 | 121 | |||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings from continuing operations before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||
| (c) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||
| Reconciliation to Additions to property plant and equipment (capital expenditures) | ||||||||||||
| Unaudited | 2018 | |||||||||||
| 2017 | Estimate | 2018 | ||||||||||
| Payments for property plant and equipment | (441) | (500) | ||||||||||
| Change in accounts payable related to additions to property plant and equipment (a) | (44) | (b) | ||||||||||
| Additions to property plant and equipment (capital expenditures) | $ (485) | $ (500) | ||||||||||
| (a) | Relates to invoices for additions to property plant and equipment that were unpaid as of December 31 2017 | |||||||||||
| (b) | Forecasted amounts for full year 2018 are not determinable at this time | |||||||||||
| O-I GLASS INC | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow for the year ended December 31 | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow | |||||||||||||||||||
| Forecast for Quarter Ending | Forecast for Year Ending | ||||||||||||||||||
| June 30 2019 | December 31 2019 | ||||||||||||||||||
| Low End of Guidance Range | |||||||||||||||||||
| Earnings from continuing operations attributable to the Company | (b) | (b) | |||||||||||||||||
| Items management considers not representative of ongoing operations | to | ||||||||||||||||||
| Expected pension settlement charges (estimate) | |||||||||||||||||||
| Restructuring asset impairment and other charges(b) | |||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees(b) | |||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||
| Net benefit for income tax on items above(b) | |||||||||||||||||||
| Net impact of noncontrolling interests on items above(b) | |||||||||||||||||||
| Total adjusting items | (a) | (a) | |||||||||||||||||
| Adjusted earnings (non-GAAP) | (b) | to | (b) | ||||||||||||||||
| Diluted average shares (thousands) | 156600 | to | (b) | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | (b) | to | (b) | ||||||||||||||||
| Adjusted earnings per share (non-GAAP) | $ 075 | to | $ 300 | ||||||||||||||||
| (a) At this time management has not yet identified the items in 2019 that are not representative of ongoing operations | |||||||||||||||||||
| Unaudited | |||||||||||||||||||
| 2019 | |||||||||||||||||||
| Forecast | 2018 | 2017 | 2016 | 2015 | 2018 | ||||||||||||||
| Cash provided by continuing operating activities | $ 740 | $ 793 | $ 724 | $ 758 | $ 612 | ||||||||||||||
| Additions to property plant and equipment | (500) | (536) | (441) | (454) | (402) | ||||||||||||||
| Asbestos-related payments | 160 | 105 | 110 | 125 | 138 | ||||||||||||||
| Adjusted free cash flow (non-GAAP) | $ 400 | $ 362 | $ 393 | $ 429 | $ 348 | $ - 0 | |||||||||||||
| Cash utilized in investing activities | (a) | $ (698) | $ (351) | $ (417) | $ (2748) | (c) | |||||||||||||
| Cash provided by (utilized in) financing activities | (a) | $ (53) | $ (392) | $ (228) | $ 2057 | (c) | |||||||||||||
| (a) Forecasted amounts for full year 2019 are not determinable at this time |
| Unaudited | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||
| (Dollars in millions) | ||||||||||||||||
| Year Ended | Forecast for Year Ended | |||||||||||||||
| December 31 2020 | December 31 2021 | 2016 | 2015 | 2018 | ||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ 457 | $ 615 | $ 758 | $ 612 | ||||||||||||
| Cash payments for property plant and equipment | (311) | (375) | (454) | (402) | ||||||||||||
| Free cash flow (non-GAAP) | $ 146 | $ 240 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||
| Unaudited | ||||||||||||||||
| December 31 2020 | December 31 2019 | 2016 | 2015 | 2018 | ||||||||||||
| Total debt | $ 5142 | $ 5559 | $ 758 | $ 612 | ||||||||||||
| Cash and cash equivalents | 563 | 551 | (454) | (402) | ||||||||||||
| Net Debt | $ 4579 | $ 5008 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||
| reconciliation of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| Unaudited | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||
| Three months Ended | Three months Ended | Forecast for Year Ended | ||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | December 31 2021 | |||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ (56) | $ (315) | $ 758 | $ 612 | $ 615 | |||||||||||||
| Cash payments for property plant and equipment | (93) | (120) | (454) | (402) | (375) | |||||||||||||
| Free cash flow (non-GAAP) | $ (149) | $ (435) | $ 304 | $ 210 | $ - 0 | $ 240 | ||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||||
| Unaudited | ||||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | ||||||||||||||
| Total debt | $ 5348 | $ 6398 | $ 758 | $ 612 | ||||||||||||||
| Cash and cash equivalents | 742 | 891 | (454) | (402) | ||||||||||||||
| Net Debt | $ 4606 | $ 5507 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||||
| of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| v3 | |||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||
| Reconciliation for Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||
| Three months ended | Year ended | three months ended March 31 | CHECK | ||||||||||||||||||||||||
| March 31 2021 | March 31 2020 | December 31 2018 | 2015 | 2018 | 2017 | 2017 | 2016 | ||||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ 144 | $ 139 | $ 98 | $ 49 | $ (4) | ERRORREF | |||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 5 | 5 | ERRORREF | ||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||
| Items impacting equity earnings | 5 | $ - 0 | ERRORREF | ||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||
| Charge related to Paddock support agreement liability | 154 | ||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | 14 | 74 | |||||||||||||||||||||||||
| Charge for asbestos-related costs | 125 | ||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 97 | 75 | 39 | 97 | ERRORREF | ||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 11 | 42 | 17 | 11 | ERRORREF | ||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | (14) | 8 | (14) | ERRORREF | |||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (15) | (9) | - 0 | ERRORREF | |||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (1) | (1) | (1) | ERRORREF | |||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ 154 | $ 14 | $ 297 | $ 137 | $ - 0 | $ 46 | $ 283 | ERRORREF | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | $ 57 | $ 64 | $ 441 | $ 276 | $ 98 | $ 95 | $ 279 | ERRORREF | |||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Currency effect (a) | $ (3) | $ (3) | |||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (non-GAAP) | $ 54 | $ 61 | |||||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | 162088 | 162135 | 165186 | 163840 | |||||||||||||||||||||
| Net earnings (loss) attributable to the Company (diluted) | $ (062) | $ 032 | $ 089 | $ 085 | $ 059 | $ 030 | $ (002) | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) (a) | $ 035 | $ 041 | $ 272 | $ 170 | $ 059 | $ 058 | $ 172 | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ 039 | $ (039) | ERRORREF | ||||||||||||||||||||||||
| (a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021 | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending March 31 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||||||||||||||||||||||
| Changes in Net Sales and Segment Operating Profit for Reportable Segments | |||||||||||||||||||||||||||||||||||||||||||||||
| (Dollars in millions) | |||||||||||||||||||||||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||||||||||||||||||||||
| Three months ended March 31 | Q3 | Q2 | Q1 | ||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q20 | $ 831 | $ 576 | $ 123 | $ 1530 | $ 586 | $ 578 | $ 365 | $ 170 | $ 1699 | $ 646 | $ 599 | $ 345 | $ 158 | $ 1748 | $ 563 | $ 532 | $ 312 | $ 159 | $ 1566 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | (13) | 48 | 35 | 33 | 1 | 14 | 5 | 53 | (4) | (2) | (1) | 2 | (5) | (24) | 1 | 11 | 6 | (6) | |||||||||||||||||||||||||||||
| Price | 26 | 2 | 28 | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (3) | 13 | 10 | 5 | (35) | 20 | 9 | (1) | (4) | (32) | 17 | (9) | (28) | 23 | (13) | 9 | 7 | 26 | |||||||||||||||||||||||||||||
| Divestitures | (4) | (123) | (127) | ||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 6 | 63 | (123) | (54) | 5 | (28) | 33 | 13 | 23 | (7) | (25) | 26 | (5) | (11) | 15 | (5) | 18 | 8 | 36 | ||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q21 | $ 837 | $ 639 | $ - 0 | $ 1476 | $ 624 | $ 551 | $ 412 | $ 188 | $ 1775 | $ 635 | $ 572 | $ 370 | $ 155 | $ 1732 | $ 554 | $ 528 | $ 341 | $ 173 | $ 1596 | ||||||||||||||||||||||||||||
| Three months ended March 31 | |||||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Segment operating profit - 1Q20 | $ 103 | $ 61 | $ 12 | $ 176 | $ 64 | $ 79 | $ 74 | $ 20 | $ 237 | $ 73 | $ 92 | $ 57 | $ 11 | $ 233 | $ 55 | $ 76 | $ 63 | $ 17 | $ 211 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 4 | 6 | 10 | 4 | (1) | 3 | 6 | 1 | - 0 | - 0 | (1) | - 0 | (3) | 1 | (2) | ||||||||||||||||||||||||||||||||
| Net price (net of cost inflation) | (8) | (3) | (11) | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (1) | 3 | 2 | 1 | (9) | 5 | 2 | (1) | (1) | (7) | 3 | (2) | (7) | 5 | (2) | 4 | 1 | 8 | |||||||||||||||||||||||||||||
| Operating costs | 2 | 8 | 10 | 12 | (1) | (11) | (6) | (6) | 10 | - 0 | - 0 | (1) | 9 | 10 | 3 | (22) | (9) | ||||||||||||||||||||||||||||||
| Divestitures | (12) | (12) | |||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (3) | 14 | (12) | (1) | 13 | (3) | 7 | - 0 | 17 | 6 | - 0 | 12 | 1 | 19 | 7 | 9 | (9) | 2 | 9 | ||||||||||||||||||||||||||||
| Segment operating profit - 1Q21 | $ 100 | $ 75 | $ - 0 | $ 175 | $ 81 | $ 75 | $ 84 | $ 20 | $ 260 | $ 80 | $ 92 | $ 69 | $ 11 | $ 252 | $ 59 | $ 85 | $ 54 | $ 20 | $ 218 | ||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Net sales - 2016 | $ 2220 | $ 2300 | $ 684 | $ 5204 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 3 | 29 | 17 | 106 | |||||||||||||||||||||||||||||||||||||||||||
| 2016 at constant currency | 2223 | 2329 | 701 | 5310 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 Lea Stoehr Lea Stoehr+1 to round | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (84) | 52 | 1 | (31) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (63) | 90 | 13 | 40 | |||||||||||||||||||||||||||||||||||||||||||
| Net sales for reportable segments- 2017 | $ 2160 | $ 2419 | $ 714 | $ 5350 | |||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2016 | $ 299 | $ 237 | $ 77 | $ 613 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 5 | 1 | 6 | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit at constant currency - 2016 | 299 | 242 | 78 | 619 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (19) | 12 | 1 | (6) | |||||||||||||||||||||||||||||||||||||||||||
| Operating costs | 17 | (28) | (26) | (37) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 19 | 22 | (13) | 28 | |||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2017 | $ 318 | $ 264 | $ 65 | $ 647 | |||||||||||||||||||||||||||||||||||||||||||
| (a) | Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to | ||||||||||||||||||||||||||||||||||||||||||||||
| translate 2020 local currency results | |||||||||||||||||||||||||||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||||||||||||||
| Reportable Segment Information and Reconciliation to Earnings Before Income Taxes | ||||||||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||||||||
| Unaudited | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||||||
| 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||||||||
| Net sales | ||||||||||||||||||||||||||||||
| Americas | $ 837 | $ 831 | 2160 | 2220 | 1651 | 1709 | 328 | 320 | ||||||||||||||||||||||
| Europe | 639 | 576 | $ 2375 | $ 2300 | $ 1813 | $ 1795 | $ 77 | $ 71 | ||||||||||||||||||||||
| Asia Pacific | - | 123 | 714 | 684 | 516 | 487 | (198) | (74) | ||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||
| Reportable segment totals | 1476 | 1530 | 5249 | 6636 | 5103 | 5013 | 1330 | (93) | ||||||||||||||||||||||
| Other | 24 | 31 | 69 | 66 | 54 Lea Stoehr Lea Stoehrrounded by 1 | 47 | 9 | 12 | ||||||||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 5318 | $ 6702 | $ 5157 | $ 5060 | $ 1339 | $ (81) | ||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Americas | $ 100 | $ 103 | 352 | 299 | 252 | 247 | - | 51 | ||||||||||||||||||||||
| Europe | 75 | 61 | $ 295 | $ 237 | $ 220 | $ 192 | $ - | $ 16 | ||||||||||||||||||||||
| Asia Pacific | - | 12 | 51 | 77 | 51 | 48 | - | (17) | ||||||||||||||||||||||
| Reportable segment totals | 175 | 176 | 698 | 882 | 730 | 681 | 207 | (25) | ||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Items excluded from segment operating profit | - | - | ||||||||||||||||||||||||||||
| Retained corporate costs and other | (35) | (28) | (115) Anna Boris Anna Boris+1 for rounding | Lea Stoehr Lea Stoehrrounded by 1 | (98) | (81) | (75) | (1) | (5) | |||||||||||||||||||||
| Charge related to Paddock support agreement liability | (154) | |||||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | (14) | |||||||||||||||||||||||||||||
| Items not considered representative of ongoing operations (b) | (295) | (156) | (49) | (12) | 246 | 144 | ||||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | ||||||||||||||||||||||
| Earnings (loss) before income taxes | $ (65) | $ 81 | $ 20 | $ 356 | $ 396 | $ 395 | $ 311 | $ 120 | ||||||||||||||||||||||
| Ratio of earnings before income taxes to net sales | -43 | 52 | 04 | 53 | ||||||||||||||||||||||||||
| Segment operating profit margin (b) | ||||||||||||||||||||||||||||||
| Americas | 119 | 124 | 163 | 135 | ||||||||||||||||||||||||||
| Europe | 117 | 106 | 124 | 103 | ||||||||||||||||||||||||||
| Asia Pacific | - 0 | 98 | 71 | 113 | ||||||||||||||||||||||||||
| Reportable segment margin totals | 119 | 115 | 133 | 133 | ||||||||||||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||||||||
| (b) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings Q1 2017 | |||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | ||||||||||||||||||||||||||||
| 2016 | 2015 | 2017 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||
| Earnings (loss) from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 49 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | 98 | - 0 | - 0 | ERRORREF | |||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | - 0 | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Items impacting equity earnings | ERRORREF | 5 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | ERRORREF Lea Stoehr Lea Stoehr-1 | 39 | 88 | 129 | 75 | 49 | 19 | - 0 | ERRORREF | ||||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | ERRORREF | (71) | (7) | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Strategic transactions costs | ERRORREF | 23 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | ||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | ||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | ERRORREF | 17 | 34 | 9 | 42 | 17 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | ERRORREF | (9) | (21) | 1 | (15) | (12) | (4) | - 0 | ERRORREF | ||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | ERRORREF | (1) | (5) | 2 | (4) | 2 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | ERRORREF | $ 46 | $ 96 | $ 168 | $ 178 | $ 30 | $ 10 | $ 20 | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 95 | ERRORREF | $ 384 | $ 317 | $ 346 | $ 296 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 163840 | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||
| Earnings (loss) per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 030 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (111) | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | $ 058 | ERRORREF | ERRORREF | $ 196 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | ||||||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | |||||||||||||||||||||||||||||||
| 2016 | 2015 | 2021 | 2020 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | $ (120) | |||||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | (98) | - 0 | 98 | - 0 | - 0 | 98 | ||||||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | |||||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||||||||||
| Items impacting equity earnings | - 0 | 5 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | (130) Lea Stoehr Lea Stoehr-1 | 49 | 129 | 75 | 49 | 19 | - 0 | 110 | ||||||||||||||||||||||||||||
| Gain on China land sale | 71 | (71) | (7) | - 0 | (64) | |||||||||||||||||||||||||||||||
| Strategic transactions costs | - 0 | 23 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | |||||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | |||||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | (9) | 17 | 9 | 42 | 17 | - 0 | 9 | |||||||||||||||||||||||||||||
| Items impacting income tax | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Net benefit for income tax on items above | (1) | (12) | 1 | (15) | (12) | (4) | - 0 | 5 | ||||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (20) | (8) | 8 | (20) | - 0 | (8) | ||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (2) | (4) | 2 | (4) | 2 | - 0 | - 0 | |||||||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ (71) | $ - 0 | $ - 0 | $ 30 | $ 160 | $ 186 | $ 30 | $ 10 | $ - 0 | $ 150 | |||||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 376 | $ 325 | $ 346 | $ 296 | ERRORREF | $ 30 | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Currency effect on earnings (2017 only)(a) | (5) | 4 | 5 | 3 | $ - 0 | (2) | ||||||||||||||||||||||||||||||
| $ - 0 | - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (2017 only) (non-GAAP) | $ (327) | $ 54 | $ 381 | 299 | $ - 0 | 28 | ||||||||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ (062) | $ 032 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (019) | $ (075) | |||||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 200 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ (202) | ERRORREF | ERRORREF | $ 184 | $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||
| (a) | Currency effect on earnings determined by using 2018 foreign currency exchange rates to translate 2017 local currency results | |||||||||||||||||||||||||||||||||||
| (b) | For adjusted earnings per share the diluted average shares (in thousands) are 165265 and 163477 for the three months ended December 31 2017 and 2016 | |||||||||||||||||||||||||||||||||||
| v3 | ||||||||||
| O-I GLASS INC | ||||||||||
| Condensed Consolidated Cash Flow | ||||||||||
| (Dollars in millions) | ||||||||||
| Unaudited | Three months ended March 31 | |||||||||
| 2021 | 2020 | |||||||||
| Cash flows from operating activities | ||||||||||
| Net earnings (loss) | $ (91) | $ 55 | ||||||||
| Loss from discontinued operations | - | - | ||||||||
| Non-cash charges | ||||||||||
| Depreciation and amortization | 115 | 126 | ||||||||
| Pension expense | 8 | 9 | ||||||||
| Restructuring asset impairment and related charges | ||||||||||
| Charge related to Paddock support agreement liability | 154 | |||||||||
| Cash payments | ||||||||||
| Pension contributions | (18) | (13) | ||||||||
| Asbestos-related payments | ||||||||||
| Cash paid for restructuring activities | (3) | (8) | ||||||||
| Change in components of working capital (a) | (229) | (461) | ||||||||
| Other net (b) | 8 | (23) | ||||||||
| Cash utilized in operating activities | (56) | (315) | ||||||||
| Cash utilized in discontinued operating activities | - | |||||||||
| Total cash utilized in operating activities | (56) | (315) | ||||||||
| Cash flows from investing activities | ||||||||||
| Cash payments for property plant and equipment | (93) | (120) | ||||||||
| Acquisitions net of cash acquired | ||||||||||
| Contributions and advances to joint ventures | ||||||||||
| Net cash proceeds on disposal of other businesses and misc assets | 4 | |||||||||
| Net cash proceeds on sale of ANZ business | 58 | |||||||||
| Deconsolidation of Paddock | (47) | |||||||||
| Other | 2 | |||||||||
| Other net | ||||||||||
| Cash utilized in investing activities | (31) | (165) | ||||||||
| Cash flows from financing activities | ||||||||||
| Changes in borrowings net | 290 | 859 | ||||||||
| Treasury shares repurchased | ||||||||||
| Dividends Paid | (8) | |||||||||
| Treasury shares repurchased | ||||||||||
| Issuance of common stock and other | (2) | (2) | ||||||||
| Cash provided by financing activities | 288 | 849 | ||||||||
| Effect of exchange rate fluctuations on cash | (22) | (29) | ||||||||
| Change in cash | 179 | 340 | ||||||||
| Cash at beginning of period | 563 | 551 | ||||||||
| Cash at end of period | $ 742 | $ 891 | ||||||||
| (a) | The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows At March 31 2021 December 31 2020 and March 31 2020 the amount of receivables sold by the Company was $444 million $436 million and $429 million respectively For the three months ended March 31 2021 and 2020 the Companys use of its factoring programs resulted in an increase of $8 million to cash from operating activities and a $110 million decrease to cash from operating activities respectively | |||||||||
| (b) | Other net includes other non-cash charges plus other changes in non-current assets and liabilities | |||||||||
| v3 | |||||||||||
| O-I GLASS INC | |||||||||||
| Condensed Consolidated Balance Sheets | |||||||||||
| (Dollars in millions) | |||||||||||
| Unaudited | March 31 | December 31 | March 31 | ||||||||
| 2021 | 2020 | 2020 | |||||||||
| Assets | |||||||||||
| Current assets | |||||||||||
| Cash and cash equivalents | $ 742 | $ 563 | $ 891 | ||||||||
| Trade receivables net | 714 | 623 | 767 | ||||||||
| Inventories | 827 | 841 | 1047 | ||||||||
| Prepaid expenses and other current assets | 203 | 270 | 257 | ||||||||
| Total current assets | 2486 | 2297 | 2962 | ||||||||
| Property plant and equipment net | 2791 | 2907 | 2987 | ||||||||
| Goodwill | 1880 | 1951 | 1773 | ||||||||
| Intangibles net | 310 | 325 | 312 | ||||||||
| Other assets | 1358 | 1402 | 1470 | ||||||||
| Total assets | $ 8825 | $ 8882 | $ 9504 | ||||||||
| Liabilities and Share Owners Equity | |||||||||||
| Current liabilities | |||||||||||
| Accounts payable | $ 998 | $ 1126 | $ 1025 | ||||||||
| Short-term loans and long-term debt due within one year | 180 | 197 | 283 | ||||||||
| Current portion of asbestos-related liabilities | |||||||||||
| Other liabilities | 524 | 575 | 516 | ||||||||
| Other liabilities - discontinued operations | |||||||||||
| Total current liabilities | 1702 | 1898 | 1824 | ||||||||
| Long-term debt | 5168 | 4945 | 6115 | ||||||||
| Asbestos-related liabilities | |||||||||||
| Paddock support agreement liability | 625 | 471 | 471 | ||||||||
| Other long-term liabilities | 1068 | 1167 | 1018 | ||||||||
| Share owners equity | 262 | 401 | 76 | ||||||||
| Total liabilities and share owners equity | $ 8825 | $ 8882 | $ 9504 | ||||||||
| v3 | |||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||
| Condensed Consolidated Results of Operations | |||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||
| Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||
| Unaudited | 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 6869 | $ 6702 | $ 5157 | $ 5060 | $ (212) | $ (81) | |||||||||||||||||
| Cost of goods sold | (1256) | (1293) | (5736) | (5490) | (4143) | (4063) | 337 | 134 | |||||||||||||||||
| Gross profit | 244 | 268 | 1133 | 1212 | 1014 | 997 | 125 | 53 | |||||||||||||||||
| Selling and administrative expense | (102) | (116) | (502) | (503) | (362) | (375) | 38 | 12 | |||||||||||||||||
| Research development and engineering expense | (18) | (16) | (60) | (65) | (46) | (48) | (4) | 1 | |||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | |||||||||||||||||
| Equity earnings | 18 | 15 | 77 | 60 | 55 | 44 | (4) | (1) | |||||||||||||||||
| Other expense net | (156) | (17) | (105) | (76) | (61) | (24) | (112) | 35 | |||||||||||||||||
| Earnings (loss) before income taxes | (65) | 81 | 275 | 356 | 396 | 395 | 56 | 120 | |||||||||||||||||
| Provision for income taxes | (26) | (26) | (70) | (119) | (65) | (93) | (21) | - | |||||||||||||||||
| Net earnings (loss) | (91) | 55 | 205 | 237 | 331 | 302 | 35 | 120 | |||||||||||||||||
| Net earnings attributable to noncontrolling interests | (6) | (5) | (22) | (21) | (15) | (16) | 1 | - | |||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| - 0 | - 0 | ||||||||||||||||||||||||
| Amounts attributable to the Company | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (97) | $ 50 | ERRORREF | $ 216 | $ 316 | $ 286 | ERRORREF | $ 120 | |||||||||||||||||
| Loss from discontinued operations | ERRORREF | (7) | (2) | (6) | ERRORREF | 1 | |||||||||||||||||||
| Net earnings | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| $ -0 | $ -0 | ||||||||||||||||||||||||
| Amounts attributable to noncontrolling interests | $ -0 | $ -0 | |||||||||||||||||||||||
| Earnings from continuing operations | $ - | $ - | |||||||||||||||||||||||
| Earnings from discontinued operations | - | - | |||||||||||||||||||||||
| Loss on disposal of discontinued operations | - | - | |||||||||||||||||||||||
| Net earnings | $ - | $ - | $ - | $ - | $ - | $ - | |||||||||||||||||||
| Basic earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 112 Lea Stoehr Lea StoehrEPS file | $ 133 Lea Stoehr Lea StoehrEPS file | $ 194 | $ 176 | $ 020 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 111 | $ 129 | $ 193 | $ 172 | $ 020 | $ 075 | |||||||||||||||||
| Weighted average shares outstanding (thousands) | 157571 | 156081 | |||||||||||||||||||||||
| Diluted earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 111 Lea Stoehr Lea StoehrEPS file | $ 132 Lea Stoehr Lea StoehrEPS file | $ 192 | $ 175 | $ 019 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 110 | $ 128 | $ 191 | $ 171 | $ 019 | $ 075 | |||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | |||||||||||||||||||||||
| Current Year | 2021 | ||
| Prior Year | 2020 |
| APPROXIMATE ANNUAL IMPACT ON | FX RATES AT KEY POINTS | ||||||||||||||||||
| EPS FROM 10 FX CHANGE | Apr 27st | March 31st | AVG | Avg | Avg | ||||||||||||||
| 2021 | 2021 | 1Q21 | 2020 | 2Q20 | |||||||||||||||
| EUR | 009 | EUR | 121 | 117 | 120 | 115 | 111 | ||||||||||||
| MXN | 003 | MXN | 2004 | 2061 | 2064 | 2156 | 2298 | ||||||||||||
| BRL | 003 | BRL | 545 | 577 | 558 | 521 | 538 | ||||||||||||
| COP | 001 | COP | 3716 | 3727 | 3627 | 3715 | 3791 | ||||||||||||
| Shares 2020 | 158671 | |||||||||||||||||||||||||||||||||||||||
| Tax Rate 2020 | 3270 | |||||||||||||||||||||||||||||||||||||||
| EUROPE | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX EUR | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | ||||||||||||||||||||||||||||
| New FX EUR | 12097 | 12154 | 11707 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | ||||||||||||||||||||||||||||
| -2 | -1 | -5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Budget FX CHF | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | ||||||||||||||||||||||||||||
| New FX CHF | 08896 | 09060 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | ||||||||||||||||||||||||||||
| EBIT As Is | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 84801 | 100161 | 100223 | 66163 | 351347 | |||||||||||||||||||||||
| EBIT USD | 12762 | 10662 | 14643 | 12585 | 14406 | 13843 | 17014 | 16412 | 12372 | 13681 | 13730 | 10553 | 38068 | 40834 | 45798 | 37964 | 162663 | |||||||||||||||||||||||
| 70 | CHF - Salaries amp Benefits | 2815 | 3216 | 3211 | 3317 | 3145 | 2984 | 2588 | 2838 | 2672 | 2615 | 2569 | 2501 | 9243 | 9446 | 8099 | 7684 | 34472 | ||||||||||||||||||||||
| EBIT EUR Denominated | 20741 | 12054 | 23181 | 20325 | 27076 | 21373 | 29744 | 17984 | 14796 | 14519 | 13072 | 8293 | 55976 | 68773 | 62524 | 35883 | 223156 | |||||||||||||||||||||||
| Translation | (322) | (131) | (1096) | 2032 | 2708 | 2137 | 2974 | 1798 | 1480 | 1452 | 1307 | 829 | (1550) | 6877 | 6252 | 3588 | 15168 | |||||||||||||||||||||||
| CHF Translation | (24) | (85) | (210) | (302) | (286) | (271) | (235) | (258) | (243) | (238) | (234) | (227) | (320) | (859) | (736) | (699) | (2613) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (124) | (87) | (378) | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | (590) | 2399 | 2399 | 2399 | 6608 | |||||||||||||||||||||||
| Trademarks | (35) | (24) | (106) | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | (165) | 671 | 671 | 671 | 1849 | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (001) | 001 | 001 | 001 | 002 | 001 | 001 | 001 | 001 | 001 | (001) | 004 | 004 | 003 | 009 | |||||||||||||||||||||||
| CENTRAL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | ||||||||||||||||||||||||||||
| New FX | 203524 | 209672 | 206091 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | ||||||||||||||||||||||||||||
| 2 | 5 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 22833 | 31408 | 28449 | 14041 | 96730 | |||||||||||||||||||||||
| Translation | (241) | (205) | (292) | (837) | (1129) | (889) | (889) | (907) | (790) | (377) | (409) | (491) | (738) | (2855) | (2586) | (1276) | (7456) | |||||||||||||||||||||||
| Sales 3rd Party | 78 | 135 | 135 | 148 | 115 | 109 | 185 | 128 | 200 | 132 | 100 | 46 | 348 | 372 | 513 | 278 | 1512 | |||||||||||||||||||||||
| Royalties | (42) | (91) | (72) | (161) | (176) | (161) | (175) | (182) | (176) | (169) | (159) | (140) | (205) | (498) | (534) | (468) | (1704) | |||||||||||||||||||||||
| Trademarks | (13) | (27) | (22) | (48) | (53) | (48) | (52) | (55) | (53) | (50) | (47) | (42) | (61) | (149) | (160) | (139) | (509) | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (000) | (000) | (001) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| BRAZIL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | ||||||||||||||||||||||||||||
| New FX | 54392 | 55178 | 57736 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | ||||||||||||||||||||||||||||
| 5 | 6 | 11 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 15040 | 12157 | 16602 | 17784 | 61584 | |||||||||||||||||||||||
| Translation | (282) | (224) | (511) | (327) | (421) | (358) | (455) | (537) | (517) | (568) | (526) | (522) | (1017) | (1105) | (1509) | (1617) | (5249) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (36) | (44) | (79) | (63) | (64) | (68) | (73) | (77) | (76) | (76) | (78) | (80) | (159) | (195) | (225) | (234) | (814) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact BRAZIL | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| COLOMBIA | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | ||||||||||||||||||||||||||||
| New FX | 3558 | 3597 | 3727 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | ||||||||||||||||||||||||||||
| 4 | 5 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 12780 | 16520 | 20188 | 15498 | 64986 | |||||||||||||||||||||||
| Translation | (172) | (192) | (371) | (514) | (536) | (452) | (596) | (613) | (625) | (617) | (498) | (294) | (735) | (1502) | (1835) | (1409) | (5481) | |||||||||||||||||||||||
| Sales 3rd Party | 107 | 164 | 241 | 328 | 359 | 286 | 390 | 433 | 351 | 416 | 388 | 302 | 512 | 974 | 1174 | 1106 | 3765 | |||||||||||||||||||||||
| Royalties | (5) | (7) | (12) | (16) | (16) | (16) | (19) | (19) | (20) | (19) | (17) | (13) | (25) | (48) | (58) | (49) | (180) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact COLOMBIA | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | |||||||||||||||||||||||
| PERU | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | ||||||||||||||||||||||||||||
| New FX | 36427 | 36475 | 37706 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | ||||||||||||||||||||||||||||
| 1 | 1 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 7340 | 6883 | 8112 | 5766 | 28101 | |||||||||||||||||||||||
| Translation | (24) | (16) | (68) | (187) | (206) | (232) | (282) | (250) | (205) | (222) | (194) | (108) | (108) | (626) | (737) | (524) | (1995) | |||||||||||||||||||||||
| Sales 3rd Party | 20 | 18 | 96 | 239 | 276 | 242 | 309 | 268 | 295 | 268 | 338 | 152 | 134 | 757 | 872 | 758 | 2521 | |||||||||||||||||||||||
| Royalties | (3) | (3) | (12) | (29) | (31) | (32) | (34) | (35) | (35) | (32) | (31) | (23) | (18) | (92) | (103) | (86) | (300) | |||||||||||||||||||||||
| Trademarks | (1) | (1) | (4) | (8) | (9) | (10) | (10) | (11) | (11) | (10) | (10) | (7) | (6) | (27) | (32) | (27) | (92) | |||||||||||||||||||||||
| EPS Impact PERU | (000) | (000) | 000 | 000 | 000 | (000) | (000) | (000) | 000 | 000 | 000 | 000 | 000 | 000 | (000) | 000 | 000 |
| HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | ||||||||||||||||||||||||||||
| Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | ||||||||||||||||||||||||||||
| January | February | March | April | May | June | July | August | September | October | November | December | YearTotal | ||||||||||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 96730 | |||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 209058 | 79242 | 165770 | 183006 | 247073 | 194521 | 194487 | 198483 | 172776 | 82460 | 89369 | 107393 | 1923639 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 1841 | 1758 | 2059 | 1774 | 1932 | 1769 | 1927 | 2007 | 1935 | 1859 | 1750 | 1537 | 22149 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 36621 | 34964 | 40944 | 35277 | 38424 | 35182 | 38317 | 39916 | 38488 | 36971 | 34795 | 30575 | 440473 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 550 | 524 | 617 | 529 | 578 | 528 | 576 | 601 | 579 | 555 | 522 | 457 | 6617 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10939 | 10429 | 12269 | 10526 | 11494 | 10496 | 11461 | 11953 | 11514 | 11047 | 10377 | 9079 | 131585 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 12560 | 5924 | 10668 | 11162 | 14591 | 11735 | 11939 | 12245 | 10859 | 6218 | 6422 | 7051 | 121373 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 211106 | 81181 | 168102 | 184966 | 249240 | 196474 | 196647 | 200747 | 174947 | 84531 | 91297 | 109043 | 1948281 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 34780 | 33206 | 38885 | 33503 | 36492 | 33413 | 36390 | 37908 | 36553 | 35112 | 33045 | 29038 | 418324 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10389 | 9905 | 11652 | 9997 | 10916 | 9969 | 10885 | 11352 | 10935 | 10491 | 9856 | 8622 | 124969 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 61584 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 32142 | 19653 | 26282 | 18655 | 24018 | 20438 | 25996 | 30677 | 29512 | 32452 | 30059 | 29808 | 319690 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 791 | 741 | 785 | 690 | 707 | 752 | 801 | 847 | 832 | 833 | 863 | 876 | 9517 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 4108 | 3846 | 4075 | 3582 | 3668 | 3902 | 4158 | 4398 | 4319 | 4323 | 4480 | 4546 | 49405 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 64986 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 15067387 | 13263595 | 15364223 | 19325104 | 20152949 | 17004980 | 22428776 | 23071622 | 23520827 | 23203154 | 18728071 | 11055369 | 222186057 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 2736 | 3313 | 2924 | 3606 | 3953 | 3150 | 4288 | 4764 | 3858 | 4579 | 4263 | 3325 | 44759 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 9353229 | 11327116 | 9997013 | 12327312 | 13514966 | 10770900 | 14660926 | 16288460 | 13190884 | 15654758 | 14575462 | 11369644 | 153030671 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 139 | 146 | 151 | 181 | 171 | 177 | 212 | 210 | 215 | 208 | 187 | 140 | 2136 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 473829 | 499117 | 516517 | 619386 | 585125 | 604100 | 724460 | 717547 | 734407 | 711396 | 638632 | 479611 | 7304129 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 28101 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 13070 | 7377 | 6116 | 7438 | 8215 | 9254 | 11235 | 9962 | 8157 | 8847 | 7724 | 4295 | 101691 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3051 | 2340 | 2373 | 2628 | 3039 | 2664 | 3399 | 2944 | 3250 | 2946 | 3722 | 1671 | 34026 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 11040 | 8470 | 8587 | 9511 | 10998 | 9641 | 12299 | 10653 | 11760 | 10661 | 13468 | 6046 | 123135 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 458 | 360 | 308 | 314 | 342 | 352 | 373 | 382 | 380 | 353 | 344 | 253 | 4220 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 1656 | 1303 | 1113 | 1138 | 1239 | 1274 | 1351 | 1383 | 1376 | 1279 | 1243 | 916 | 15271 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 147 | 107 | 93 | 93 | 101 | 107 | 113 | 118 | 119 | 112 | 109 | 80 | 1298 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 531 | 389 | 336 | 336 | 366 | 388 | 410 | 427 | 432 | 404 | 393 | 288 | 4698 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 351347 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | EUR | 2021 | Budget | Final | 24974 | 15869 | 28168 | 24083 | 31198 | 26230 | 35946 | 25681 | 19935 | 20821 | 19721 | 13301 | 285927 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| OI Europe Sarl | Royalties to OI Toledo | Total Custom 1 | USD | 2021 | Budget | Final | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 95975 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 26853 | |||||||||||||||||||||
| (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (001910) | ||||||||||||||||||||||||||||
| Total United Kingdom | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1629 | 1383 | 2256 | 1858 | 3068 | 1263 | 4092 | 4062 | 3364 | 3273 | 3499 | 1776 | 31524 | |||||||||||||||||||||
| OI Sales and Distribution UK Ltd | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Poland | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2045 | 1051 | 2603 | 1724 | 1789 | 1622 | 2327 | 1989 | 1292 | 1275 | 1204 | 250 | 19172 | |||||||||||||||||||||
| OI Sales and Distribution Poland Sp Zoo | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Jarslow Machine Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (56) | 47 | 42 | (58) | 42 | 47 | (19) | 30 | (10) | 49 | 41 | 11 | 164 | |||||||||||||||||||||
| OI Poland Business Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (407) | 103 | 248 | (67) | 361 | 1223 | 899 | 471 | 381 | 186 | 253 | (176) | 3475 | |||||||||||||||||||||
| OI Sales and Distribution Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1053 | (363) | 1042 | 737 | 695 | 1237 | 1269 | 1413 | (1104) | 292 | 278 | 253 | 6801 | |||||||||||||||||||||
| OI Sales and Distribution Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| European Glass Group Admin | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 8499 | 8441 | 8452 | 8390 | 8451 | 8451 | 8447 | 8447 | 8450 | 8606 | 8455 | 8439 | 101527 | |||||||||||||||||||||
| Europe MR Adjustments | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Total Controllable Operating Expenses | USD | 2021 | Budget | Final | 4022 | 4595 | 4588 | 4739 | 4493 | 4263 | 3697 | 4055 | 3818 | 3735 | 3669 | 3573 | 49246 | |||||||||||||||||||||
| Europe Mgmt Reportingusd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 17926 | 8838 | 19969 | 17008 | 23930 | 18389 | 27156 | 15145 | 12124 | 11904 | 10503 | 5792 | 188684 |
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End SIMULATION | 10 | Change | ||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | SPOT | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | RATE | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | ||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | |||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | |||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | |||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | |||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | |||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | |||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | |||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | ||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | |||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | |||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | |||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | |||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | |||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | |||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | |||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | ||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | |||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | |||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | |||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | |||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | |||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | |||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | |||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | ||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | |||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | |||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | |||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | |||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | |||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | |||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | |||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | |||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | |||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | |||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | |||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | ||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | |||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | |||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 8720000 | |||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 543920 | ||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 355800000 | ||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 364270 | ||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | ||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 5799800 | ||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 2035240 | ||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 128700 | ||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 120970 | |||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 088960 | ||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 137030 | ||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 375170 | ||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 2154860 | ||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29639000 | ||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 657980 | ||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 7617880 | ||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 076430 | |||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 071520 | ||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 646100 | ||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 775270 | ||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 1403000000 | ||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 133130 | ||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 2305200000 | ||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2998400 | ||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 73815000 | |||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10452000 | ||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 111940000 | ||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 285390 | ||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 405350 | ||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 348640 | ||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 4807500 | ||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2803300 | ||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 736220 | ||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 1526290 | ||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7298750 | ||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 375070 | ||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106865 | |||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 088280 | ||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 107615 | ||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2021 | ||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | Average | High | Low | ||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 8720000 | 8720000 | 8720000 | 8720000 | ||||||||||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 543920 | 543920 | 543920 | 543920 | |||||||||||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 355800000 | 355800000 | 355800000 | 355800000 | |||||||||||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 364270 | 364270 | 364270 | 364270 | |||||||||||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 696000 | ||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 5799800 | 5799800 | 5799800 | 5799800 | |||||||||||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2035240 | 2035240 | 2035240 | 2035240 | |||||||||||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 128700 | 128700 | 128700 | 128700 | |||||||||||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 120970 | 120970 | 120970 | 120970 | ||||||||||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 088960 | 088960 | 088960 | 088960 | |||||||||||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 137030 | 137030 | 137030 | 137030 | |||||||||||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 375170 | 375170 | 375170 | 375170 | |||||||||||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2154860 | 2154860 | 2154860 | 2154860 | |||||||||||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 29639000 | 29639000 | 29639000 | 29639000 | |||||||||||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 657980 | 657980 | 657980 | 657980 | |||||||||||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 7617880 | 7617880 | 7617880 | 7617880 | |||||||||||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 076430 | 076430 | 076430 | 076430 | ||||||||||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 071520 | 071520 | 071520 | 071520 | |||||||||||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 646100 | 646100 | 646100 | 646100 | |||||||||||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 775270 | 775270 | 775270 | 775270 | |||||||||||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 1403000000 | 1403000000 | 1403000000 | 1403000000 | |||||||||||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 133130 | 133130 | 133130 | 133130 | |||||||||||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 2305200000 | 2305200000 | 2305200000 | 2305200000 | |||||||||||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 2998400 | 2998400 | 2998400 | 2998400 | |||||||||||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 73815000 | 73815000 | 73815000 | 73815000 | ||||||||||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 10452000 | 10452000 | 10452000 | 10452000 | |||||||||||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 111940000 | 111940000 | 111940000 | 111940000 | |||||||||||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 285390 | 285390 | 285390 | 285390 | |||||||||||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 405350 | 405350 | 405350 | 405350 | |||||||||||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 348640 | 348640 | 348640 | 348640 | |||||||||||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 4807500 | 4807500 | 4807500 | 4807500 | |||||||||||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 2803300 | 2803300 | 2803300 | 2803300 | |||||||||||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 736220 | 736220 | 736220 | 736220 | |||||||||||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1526290 | 1526290 | 1526290 | 1526290 | |||||||||||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 7298750 | 7298750 | 7298750 | 7298750 | |||||||||||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 375070 | 375070 | 375070 | 375070 | |||||||||||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 106865 | 106865 | 106865 | 106865 | ||||||||||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 088280 | 088280 | 088280 | 088280 | |||||||||||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 107615 | 107615 | 107615 | 107615 | |||||||||||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-20 | Feb-20 | Mar-20 | Apr-20 | May-20 | Jun-20 | Jul-20 | Aug-20 | Sep-20 | Oct-20 | Nov-20 | Dec-20 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 60246 | 621341 | 64464 | 6674 | 68439 | 703918 | 7225 | 739883 | 761102 | 782887 | 81058 | 841411 | 7152093 | 8414110 | 6024600 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 42464 | 44903 | 51924 | 53342 | 54059 | 54023 | 5153 | 5387 | 56312 | 57774 | 53354 | 51911 | 521222 | 577740 | 424640 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 34133 | 3499 | 405405 | 39217 | 369789 | 375371 | 372175 | 374842 | 388565 | 385525 | 360436 | 3419 | 371450667 | 405405000 | 341330000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 33647 | 34333 | 34365 | 33658 | 34365 | 35227 | 35117 | 35328 | 35971 | 36106 | 36017 | 36188 | 350268 | 361880 | 336470 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 52674 | 53093 | 53678 | 54456 | 57275 | 58076 | 58335 | 57922 | 58038 | 5824 | 58155 | 57982 | 5649367 | 5833500 | 5267400 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 187562 | 195268 | 239454 | 237426 | 221609 | 23033 | 220036 | 2178 | 224419 | 21368 | 200542 | 198866 | 2155827 | 2394540 | 1875620 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 13204 | 13444 | 14199 | 13865 | 13763 | 13663 | 13422 | 13082 | 13404 | 13312 | 1299 | 12745 | 134244 | 141990 | 127450 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 11024 | 10995 | 1101 | 10858 | 11098 | 11237 | 11893 | 11902 | 11734 | 11681 | 11969 | 12288 | 114741 | 122880 | 108580 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 09706 | 09676 | 09601 | 09747 | 09627 | 09516 | 09065 | 09042 | 09209 | 09145 | 09034 | 0882 | 093490 | 097470 | 088200 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13097 | 12882 | 12332 | 12465 | 12344 | 12298 | 13129 | 13339 | 12841 | 12916 | 13338 | 13614 | 128829 | 136140 | 122980 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 38927 | 3938 | 41288 | 41828 | 40114 | 39606 | 37075 | 36844 | 38614 | 39562 | 37441 | 37255 | 389945 | 418280 | 368440 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 22887 | 23066 | 247565 | 24932 | 242893 | 23819 | 220513 | 219209 | 231743 | 234209 | 218839 | 213174 | 2312654 | 2493200 | 2131740 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 30568 | 30842 | 32569 | 32597 | 31455 | 31679 | 28997 | 29692 | 31108 | 31485 | 3018 | 29693 | 30905417 | 32597000 | 28997000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 468123 | 493708 | 571683 | 579187 | 599947 | 607056 | 612846 | 641161 | 660765 | 674858 | 638594 | 637882 | 598818 | 674858 | 468123 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 631686 | 6665 | 793185 | 72783 | 70542 | 700054 | 731552 | 74037 | 789805 | 786921 | 760592 | 743399 | 7314428 | 7931850 | 6316860 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 06721 | 06524 | 0617 | 06562 | 06649 | 0688 | 07218 | 0735 | 07118 | 07045 | 0739 | 07698 | 069438 | 076980 | 061700 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 06486 | 06237 | 06015 | 06144 | 06206 | 06422 | 06704 | 06726 | 06586 | 06626 | 07032 | 07219 | 065336 | 072190 | 060150 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 69109 | 70114 | 70877 | 70547 | 71501 | 70671 | 69869 | 68515 | 68111 | 66829 | 65845 | 65301 | 689408 | 715010 | 653010 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 7769 | 77978 | 77542 | 77505 | 77532 | 77503 | 77499 | 77502 | 775 | 77519 | 77511 | 77521 | 775668 | 779780 | 774990 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13650 | 14170 | 16335 | 14925 | 14650 | 14225 | 14530 | 14544 | 14850 | 14625 | 14080 | 14040 | 1455200000 | 1633500000 | 1365000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13618 | 13984 | 14243 | 14102 | 14133 | 13936 | 13698 | 13592 | 13689 | 13646 | 13372 | 13228 | 137701 | 142430 | 132280 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23221 | 23238 | 23633 | 23309 | 23280 | 23204 | 23171 | 23174 | 23183 | 23177 | 23143 | 23083 | 2323466667 | 2363300000 | 2308300000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 31112 | 31661 | 32624 | 32326 | 31825 | 30872 | 31199 | 31082 | 31671 | 312 | 30268 | 2994 | 3131500 | 3262400 | 2994000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 79599 | 81441 | 85123 | 83475 | 8077 | 81928 | 75903 | 7783 | 7865 | 77228 | 767 | 71128 | 79147917 | 85123000 | 71128000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10908 | 1089 | 10829 | 10654 | 10713 | 10773 | 10429 | 10563 | 10551 | 10435 | 10388 | 10317 | 10620833 | 10908000 | 10317000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 118807 | 121638 | 12195 | 120616 | 12371 | 1198 | 11885 | 118422 | 116833 | 112881 | 11056 | 108461 | 117710667 | 123710000 | 108461000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 3132 | 31404 | 31355 | 31797 | 31105 | 30722 | 29031 | 29006 | 29423 | 29557 | 28845 | 28098 | 301386 | 317970 | 280980 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40875 | 4226 | 4295 | 4316 | 435 | 42795 | 42375 | 4163 | 4157 | 4158 | 4069 | 40105 | 419575 | 435000 | 401050 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 33357 | 33234 | 34141 | 34056 | 33572 | 34503 | 33732 | 34018 | 34297 | 34648 | 34516 | 34443 | 340431 | 346480 | 332340 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 50894 | 51024 | 50757 | 5037 | 50585 | 49795 | 49032 | 48314 | 4842 | 4838 | 48118 | 48007 | 4947467 | 5102400 | 4800700 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 30232 | 3024 | 30253 | 2976 | 29983 | 29448 | 29333 | 29376 | 28985 | 28598 | 2855 | 2807 | 2940233 | 3025300 | 2807000 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 59742 | 6216 | 65765 | 69528 | 68135 | 68476 | 69639 | 73286 | 78001 | 8311 | 7835 | 73693 | 708238 | 831100 | 597420 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 147542 | 156154 | 179346 | 181579 | 174636 | 172523 | 167385 | 165789 | 169531 | 163508 | 152422 | 146144 | 1647133 | 1815790 | 1461440 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 714525 | 7196 | 755575 | 75 | 75635 | 7553 | 747325 | 7335 | 738125 | 74105 | 740425 | 7309 | 7402229 | 7563500 | 7145250 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37516 | 37516 | 37587 | 37572 | 37551 | 37506 | 37506 | 37503 | 37508 | 37501 | 37505 | 37515 | 375238 | 375870 | 375010 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 103623 | 104602 | 102577 | 106803 | 107138 | 107132 | 107667 | 109277 | 108078 | 106324 | 105091 | 106635 | 106246 | 109277 | 102577 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 084172 | 085352 | 08928 | 087108 | 089906 | 091373 | 090586 | 089227 | 091379 | 090438 | 089736 | 09026 | 089068 | 091379 | 084172 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 106999 | 106388 | 105707 | 105833 | 10684 | 106931 | 10781 | 107618 | 108058 | 106823 | 108128 | 10838 | 107126 | 108380 | 105707 | 107615 | |||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2019 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-19 | Feb-19 | Mar-19 | Apr-19 | May-19 | Jun-19 | Jul-19 | Aug-19 | Sep-19 | Oct-19 | Nov-19 | Dec-19 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 3741050 | 3878 | 43635 | 4432 | 4454500 | 42675 | 43935 | 578655 | 5732 | 596945 | 597375 | 5985 | 4956573 | 5985000 | 3741050 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 367900 | 37287 | 39005 | 39413 | 398090 | 38194 | 37903 | 41696 | 41571 | 39899 | 42107 | 40214 | 394617 | 421070 | 367900 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 316290000 | 306967 | 317552 | 325128 | 336260000 | 319593 | 330106 | 343599 | 345776 | 338689 | 350988 | 328075 | 329342091 | 350988000 | 306967000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 335150 | 32958 | 33195 | 33099 | 336450 | 32892 | 32855 | 33937 | 33805 | 33433 | 33932 | 33148 | 333426 | 339370 | 328550 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696000 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 5030900 | 50171 | 5028 | 50701 | 5028500 | 50643 | 5072 | 50774 | 524 | 5281 | 52856 | 5295 | 5132855 | 5295000 | 5017100 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 1913710 | 191613 | 193584 | 190288 | 1955140 | 191857 | 190491 | 201595 | 196839 | 190735 | 195127 | 189251 | 1929774 | 2015950 | 1892510 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 131290 | 13154 | 13438 | 13461 | 135380 | 13097 | 13138 | 13301 | 13234 | 13158 | 13286 | 13051 | 132225 | 134610 | 130510 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 115040 | 11377 | 1123 | 11189 | 111280 | 11362 | 11155 | 11047 | 10936 | 11164 | 1101 | 11202 | 111978 | 115040 | 109360 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 099260 | 09986 | 09959 | 1019 | 100530 | 09755 | 09911 | 09873 | 09911 | 09872 | 09985 | 09679 | 099134 | 101900 | 096790 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 131260 | 13303 | 13068 | 12944 | 126070 | 12668 | 1216 | 12183 | 12296 | 12926 | 12912 | 13118 | 127913 | 133030 | 121600 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 372470 | 37912 | 38234 | 38356 | 385280 | 37408 | 38524 | 39704 | 40057 | 38128 | 39233 | 37958 | 384328 | 400570 | 372470 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 2238300 | 22522 | 22965 | 22923 | 2320450 | 22385 | 230019 | 234362 | 23629 | 228556 | 232165 | 226645 | 2290743 | 2362900 | 2238300 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 27437000 | 27792 | 28516 | 28878 | 29197000 | 28494 | 29349 | 29989 | 30652 | 29494 | 30499 | 29533 | 29148455 | 30652000 | 27437000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 423232 | 424214 | 438026 | 440992 | 442995 | 43396 | 422808 | 460616 | 45462 | 445432 | 463598 | 450477 | 441634 | 463598 | 422808 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 6538700 | 657042 | 647791 | 644333 | 6525850 | 630529 | 63485 | 66505 | 645088 | 637495 | 640362 | 619672 | 6432802 | 6650500 | 6196720 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 072670 | 07144 | 0709 | 07045 | 069180 | 0701 | 06897 | 06717 | 06755 | 06923 | 06775 | 07005 | 069662 | 072670 | 067170 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 069140 | 06847 | 06789 | 06665 | 065110 | 06699 | 06599 | 06298 | 06268 | 06424 | 06422 | 06729 | 066049 | 069140 | 062680 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 669840 | 6681 | 67244 | 67368 | 690830 | 68727 | 68809 | 71506 | 71231 | 70384 | 70321 | 69759 | 690130 | 715060 | 668100 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 784480 | 78494 | 78499 | 7845 | 784690 | 781 | 78254 | 78451 | 7841 | 78354 | 78269 | 77845 | 783249 | 784990 | 778450 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13980 | 14065 | 14230 | 14225 | 1437300000 | 14125 | 14008 | 14225 | 14170 | 14008 | 14110 | 13870 | 1409236364 | 1423000000 | 1387000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 134590 | 13486 | 13556 | 1362 | 137870 | 13536 | 13692 | 13884 | 13815 | 13604 | 13663 | 13471 | 136169 | 138840 | 134590 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23199 | 23198 | 23175 | 23280 | 2341300000 | 23299 | 23200 | 23195 | 23201 | 23199 | 23195 | 23172 | 2321027273 | 2329900000 | 2317200000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 3123900 | 31461 | 31808 | 31933 | 3177500 | 30743 | 30772 | 30637 | 30587 | 30187 | 30229 | 2987 | 3086055 | 3193300 | 2987000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 66726000 | 65056 | 68319 | 67936 | 70901000 | 67977 | 70109 | 72096 | 72652 | 73834 | 82799 | 75163 | 71151545 | 82799000 | 65056000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10880000 | 11089 | 11072 | 11149 | 10896000 | 10764 | 10854 | 10636 | 10788 | 10866 | 10947 | 10869 | 10901273 | 11149000 | 10636000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 111040000 | 111855 | 113511 | 11641 | 119060000 | 11562 | 11805 | 12081 | 119827 | 11608 | 11812 | 115568 | 116081000 | 120810000 | 111040000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 300140 | 30349 | 30745 | 30856 | 310260 | 30387 | 30953 | 31255 | 31572 | 30925 | 31359 | 30822 | 308397 | 315720 | 300140 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 408600 | 4069 | 40815 | 4134 | 419650 | 4141 | 4127 | 4221 | 4186 | 41755 | 4171 | 4092 | 413491 | 422100 | 406900 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 328410 | 32841 | 32895 | 32841 | 328950 | 33003 | 33113 | 33167 | 33321 | 33177 | 3329 | 33768 | 331143 | 337680 | 328410 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 5205600 | 51729 | 52593 | 52025 | 5225500 | 51209 | 5081 | 5216 | 51763 | 50764 | 50809 | 5068 | 5150891 | 5259300 | 5068000 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 3066600 | 30794 | 3085 | 30925 | 3161500 | 31006 | 31082 | 31321 | 3103 | 30395 | 30525 | 29981 | 3077955 | 3132100 | 2998100 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 521710 | 53184 | 55715 | 59545 | 590660 | 5776 | 55591 | 58369 | 56673 | 5707 | 57589 | 59483 | 566500 | 595450 | 521710 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 1331760 | 13933 | 145893 | 143317 | 1481780 | 141702 | 141787 | 15335 | 151298 | 149581 | 147129 | 141242 | 1443459 | 1533500 | 1331760 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7099750 | 71135 | 690775 | 6982 | 6977250 | 689725 | 68865 | 7174 | 7064 | 70745 | 716975 | 712825 | 7045205 | 7174000 | 6886500 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 375030 | 375 | 37501 | 37501 | 375000 | 375 | 37503 | 37499 | 37513 | 37501 | 37497 | 37507 | 375023 | 375130 | 374970 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 105106 | 104338 | 104434 | 105701 | 106251 | 104642 | 104516 | 106653 | 10777 | 107768 | 105497 | 104102 | 105502 | 107770 | 104102 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 087643 | 085522 | 085935 | 086442 | 088268 | 089691 | 091735 | 090676 | 088939 | 086369 | 08527 | 085394 | 087601 | 091735 | 085270 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 114189 | 113611 | 11184 | 114016 | 111870 | 110836 | 110557 | 109067 | 108387 | 110211 | 109935 | 108424 | 111007 | 114189 | 108387 | 107615 | |||||||||||||||||||||||
3
OVERVIEW
RESULTS CONSISTENT WITH GUIDANCE DESPITE SEVERE WEATHERbull 1Q21 aEPS1 was $035 compared to original guidance of $032 ndash $037
FAVORABLE UNDERLYING PERFORMANCE ACROSS BUSINESS LEVERSbull Benefit of higher price offset cost inflation excluding weather related energy surchargesbull 1Q21 shipments in-line with PY (up 15 excluding impact of severe weather affecting US Mexico)bull Continued strong operating performance and positive impact of margin expansion initiativesbull Cash flow favorable to historic trends reflects strong working capital managementbull Preference for glass as the healthy premium and sustainable option for Food and Beverage
ADVANCING BOLD PLAN TO CHANGE O-IrsquoS BUSINESS FUNDAMENTALSbull Step change in ability to consistently perform and deliver on commitmentsbull Successfully advancing breakthrough innovations like MAGMA to revolutionize glassbull Removing historic asbestos liability constraints through Paddockrsquos agreement in principle for a
consensual plan of reorganization3
bull At an inflection with increased stability and agility enabling a new period of prosperity for O-I
STRATEGY IMPROVING BUSINESS OUTLOOKbull 2Q21 aEPS expected to be $045 ndash $050 versus $001 in prior yearbull Reiterate FY21 guidance $155 - $175 aEPS ~ $240M FCF3
1 Adjusted EPS excludes items management does not consider representative of ongoing operations See the appendix for further disclosure2 On April 26 2021 O-I announced that its subsidiary Paddock Enterprises LLC had reached an agreement in principle to accept the terms of a mediatorrsquos
proposal regarding a consensual plan of reorganization under the Bankruptcy Code The agreement provides for total consideration of $610 million to fund a trust on the effective date of a plan of reorganization subject to definitive documentation and satisfaction of certain conditions
3 Management defines free cash flow as cash provided by continuing operating activities less cash paid for property plant and equipment (all components as determined in accordance with GAAP) See the appendix for further disclosure
4
SHIPMENTS STABILIZE ACROSS ALL GEOGRAPHIES
-20
-15
-10
-5
0
5
1Q20 2Q20 3Q20 4Q20 1Q21
O-I SHIPMENT TRENDS (VS PY)
O-I AM EU
Note Volumes are on a year over year and same structure basis excluding ANZ
O-I and Americas up ~15 excluding impact of severe
weather
100111
103100
51
108
0
25
50
75
100
125
150
Pre-Pandemic Pandemic Post-Pandemic
Con
sum
ptio
n In
dex
Retail On Premise
Source Barclays
EST FOOD amp BEV CONSUMPTION TRENDS BY CHANNEL
Pandemic disruption
EXPECTED VOLUME GROWTH ge 15 1Q21 3 ndash 4 FY21
5
ADVANCING BOLD PLAN TO CHANGE BUSINESS FUNDAMENTALS
ENABLING A NEW PERIOD OF PROSPERITY
2021 PRIORITIES 1Q21 HIGHLIGHTS
❶ MARGIN EXPANSION ndash STRONG OPERATING PERFORMANCE AND COST EFFICIENCIES
$50M gross initiative benefits $35M benefits YTD accelerated activity given severe weather
Improve performance in North America Quick response to severe weather illustrates improved agility
❷ REVOLUTIONIZE GLASS ndash CREATE A NEW BUSINESS MODEL FOR GLASS PACKAGING
Validate MAGMA Gen 1 in Germany Successful start-up of Holzminden MAGMA line
Glass advocacy campaign Approximately 110 million impressions on digital marketing campaign
Reposition ESG Expanded initiatives doubled goals 2021 Sustainability report Q3
❸ OPTIMIZE STRUCTURE ndash REBALANCE BUSINESS PORTFOLIO AND IMPROVE BALANCE SHEET
Advance O-Irsquos $115B divestiture program $900M completed to-date additional $50M land sales in advanced stages
Evaluate expansion opportunities Announced $75M investment in Andean funded by additional divestitures
Increase cash flow and reduce debt Favorable YTD FCF compared to historic trends favorable working capital
Further efforts for a simple agile organization Entered a strategic partnership for managed services
Advance Paddock Enterprises LLC Chapter 11 524(g) case Agreement in principle reached for Paddockrsquos consensual plan of reorganization1
1 On April 26 2021 O-I announced that its subsidiary Paddock Enterprises LLC had reached an agreement in principle to accept the terms of a mediatorrsquos proposal regarding a consensual plan of reorganization under the Bankruptcy Code The agreement provides for total consideration of $610 million to fund a trust on the effective date of a plan of reorganization subject to definitive documentation and satisfaction of certain conditions
6
In a world where SUSTAINABILITY is more important than ever we are proud to make an inherently SUSTAINABLE product
bull Made from four basic natural inert ingredients
bull Does not impact the productrsquos taste or integrity
bull Only food contact material lsquoGenerally Recognized as Safersquo by US Food and Drug Administration
bull 100 percent recyclable ndash endlessly ndash into new food-safe glass packaging
bull Very circular ndash majority of containers recycled into new containers
bull Reusable and refillable up to 25x
bull Wonrsquot harm the earth or oceans
SURVEY OF CONSUMER VIEWS ON SUSTAINABILITY OF PACKAGING SUBSTRATES
Source McKinsey and Company ldquoSustainability in packaging Inside the minds of global consumersrdquo (2020)
GLASS THE WORLDrsquoS MOST SUSTAINABLE PACKAGE
CONSUMERS VIEW GLASS AS HIGHLY SUSTAINABLE
7
1Q21 aEPS WAS $035 VS $041 IN PY AND $032 ndash $037 GUIDANCEbull At mid-point of guidance rangebull Benefit of margin expansion initiatives substantially offset impact of severe weather in USMX
SEGMENT OPERATING PROFIT IN LINE WITH PY DESPITE WEATHERbull Est $40M impact from severe weather ‒ Energy surcharge cost inflation ($20M) lower sales vol ($8M) and lower production vol ($12M)
bull $35M benefit from margin expansion initiatives accelerated given weather issuesbull Cost inflation exceeded higher selling prices due to weather related energy surchargesbull Sales volume flat (up ~ 15 vs PY excluding impact of severe weather)bull Good operating performance ‒ Margin expansion initiatives (Factory Performance and Cost Transformation)‒ Short term measures to help mitigate weather impact‒ Lower production volume due to severe weather
NON-OPERATING ITEMSbull Slightly higher retained corporate cost Additional RampD mostly offset by cost reductionbull Adjusted effective tax rate5 ~29 1Q21 actual ~27 1Q20 actual ~30 1Q21 guidance
1Q21 RESULTSEARNINGS IN LINE WITH ORIGINAL GUIDANCE
1 Segment operating profit is defined as consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs and the Companyrsquos global equipment business See the appendix for further disclosure
2 Foreign currency effect determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
3 Divestitures include Argentina and ANZ4 Net price represents the net impact of movement in selling prices and cost inflation 5 Adjusted effective tax rate exclude certain items that management considers not representative of
ongoing operations
SEGMENT OPERATING PROFIT1 ($M) aEPS
1Q20 AS REPORTED $176 $041
FX2 10 000
Divestitures (primarily ANZ3) (12) (005)
SUBTOTAL $174 $036
Net price4 (incl cost inflation) (20) (009)
Volume and mix (incl acquisitions) 2 001
Operating costs (excl cost inflation) 19 009
Retained corporate costs mdash (001)
Net interest expense NCI mdash 000
Change in tax rate5 mdash (001)
Share count mdash 000
1Q21 RESULTS $175 $035
8
1Q21 SEGMENT REVIEWHIGHER PROFITS IN EUROPE WHILE AMERICAS IMPACTED BY SEVERE WEATHER
AMERICAS EUROPE ASIA PACIFIC1
($M)
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
1Q20 $103 $61 $12
FX 4 6 mdash
Divestitures mdash mdash (12) ANZ sale
SUBTOTAL $107 $67 $0
Net price(incl cost inflation) (17)
Est $20M energy surcharge (weather)
Constructive price environmentbull Revenue Optimization
(3)
Moderate inflation Constructive price
environmentbull Revenue Optimization
mdash
Volume and mix(incl acquisitions) (1) Sales volume down 13
(up 15 excl weather) 3 Sales volume up 20 mdash
Operating costs(excl cost inflation) 11
Margin expansion initiativesbull Factory Performancebull Cost Transformation
Short term measures to mitigate weather impact
Impact of severe weather
8
Margin expansion initiativesbull Factory Performancebull Cost Transformation mdash
1Q21 $100 $75 $0
1 Following the sale of ANZ on July 31 2020 the remaining businesses in the Asia Pacific region do not meet the criteria of an individually reportable segment Therefore the results for the companyrsquos remaining Asia businesses will be included in retained corporate and other costs following that date
9
(149)
(435)
112 205 264
(716)
(179)
316
561
(800)
(400)
0
400
800
1Q 2Q 3Q 4Q
($M
)
FCF Progression
2021 2020 2019
2021 FCF AND CAPITAL STRUCTURE
GUIDING PRINCIPLE PROGRESS
Maximize Free Cash Flow1
FY21 FCF ~ $240M (20-25 conversion)
DSODPOIDS flat or fav with PY1Q21 FCF ($149)M vs ($435)M in PY1Q21 IDS 11 days below PY
Preserve Strong Liquidity
Liquidity ge $125B across 2021 1Q21 committed liquidity ~ $21B
Reduce Net Debt2
FYE21 Net Debt lt $44B3
FYE21 BCA leverage ratio ldquohigh 3srdquo3
Divestitures for further deleveraging
1Q21 Net Debt ~ $900M below 1Q201Q21 BCA leverage ratio4 well below covenantFinal ANZ proceeds received ($58M in 1Q21)
De-Risk Legacy Liabilities
Advance Paddock Chapter 11 524(g) case Agreement in principle for a consensual plan of reorganization$610M mill total consideration to fund a section 524(g) trust on effective date of a confirmed plan of reorganization
FY21 FCF1 AND NET DEBT2
FAVORABLE TO PYHIGHER FCF AND LOWER NET DEBT
46
55 54
4846
56
60
56
50
40
45
50
55
60
65
1Q 2Q 3Q 4Q
($B)
Net Debt Progression
2021 2020 20191 Management defines free cash flow as cash provided by continuing operating activities less cash paid for property plant and
equipment (all components as determined in accordance with GAAP) See the appendix for further disclosure2 Net Debt is defined as Total Debt less Cash See appendix for further disclosure3 2021 targets exclude any potential impact of Paddock 524(g) funding in the event reorganization is completed prior to FYE214 BCA leverage ratio is defined as Net Debt divided by EBITDA after credit agreement adjustments
10
2021 BUSINESS OUTLOOK
2Q21 GUIDANCE $045 ndash $050 aEPS COMPARED TO $001 IN PY
bull Prior year results reflected significant disruption due to the onset of the pandemicbull Higher selling prices should mostly offset inflation which is beginning to normalizebull Expect improved volumes sales volume up ge 15 production up ge 20bull Continued solid operating performance but prior period temporary benefits donrsquot repeat
REITERATE FY21 GUIDANCE $155 ndash $175 aEPS AND ~ $240M FCF
bull Reiterate despite 1Q21 headwinds including severe weatherbull 20-25 FCF conversion
2021 INVESTOR DAY EXPECTED MID-SEPTEMBER
bull Updated strategybull MAGMA value analysis and initial deployment approachbull Share company targets and milestones
IMPROVING OUTLOOK AS MARKETS STABILIZE AND RECOVER
2Q2Q20 AS REPORTED $001
FX1 $000
Divestitures2 ($001)
SUBTOTAL $000
Net price3
(incl cost inflation) Volume and mix(incl acquisitions) Vol up ge 15
Operating costs(excl cost inflation) Production up ge 20
Prior period benefits donrsquot repeat
Retained corp costs RampD Incentives
Net interest exp NCI Change in tax rate4 ~ 30 tax rate
Share count 2Q21 GUIDANCE $045 ndash $050
2Q21 EARNINGS OUTLOOK (aEPS)
1 Foreign currency effect determined by using March 31 2021 foreign currency exchange rates to translate 2020 local currency results2 Divestiture of ANZ and Argentina net of lower interest expense due to debt reduction Excludes factoring impact3 Net price represents the net impact of movement in selling prices and cost inflation 4 Adjusted effective tax rate exclude certain items that management considers not representative of ongoing operations
11
CONCLUSION
1Q21 results in line with guidance despite weather issues
Fav underlying performance across all business levers
Advancing bold plan to change O-Irsquos business fundamentals
Improving business outlook and volume growth
FINANCIAL APPENDIX
13
1Q21 SEGMENT FX IMPACT ON EARNINGS
APPROXIMATE ANNUAL IMPACT ON FX RATES AT KEY POINTSEPS FROM 10 FX CHANGE Apr 27st AVG Avg Avg
2021 1Q21 2020 2Q20EUR 009 EUR 121 120 115 111 MXN 003 MXN 2004 2064 2156 2298 BRL 003 BRL 545 558 521 538 COP 001 COP 3716 3627 3715 3791
14
NON-GAAP FINANCIAL MEASURES
The company uses certain non-GAAP financial measures which are measures of its historical or future financial performance that are not calculated and presented in accordance with GAAP within the meaning of applicable SEC rules Management believes that its presentation and use of certain non-GAAP financial measures including adjusted earnings adjusted earnings per share segment operating profit net debt free cash flow adjusted EBITDA adjusted EBITDA to free cash flow conversion adjusted interest expense and adjusted effective tax rate provide relevant and useful supplemental financial information that is widely used by analysts and investors as well as by management in assessing both consolidated and business unit performance These non-GAAP measures are reconciled to the most directly comparable GAAP measures and should be considered supplemental in nature and should not be considered in isolation or be construed as being more important than comparable GAAP measures
Adjusted earnings relates to net earnings from continuing operations attributable to the company exclusive of items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Adjusted earnings are divided by weighted average shares outstanding (diluted) to derive adjusted earnings per share Segment operating profit relates to earnings from continuing operations before interest expense net and before income taxes and is also exclusive of items management considers not representative of ongoing operations as well as certain retained corporate costs Management uses adjusted earnings adjusted earnings per share and segment operating profit to evaluate its period-over-period operating performance because it believes these provide useful supplemental measures of the results of operations of its principal business activity by excluding items that are not reflective of such operations Adjusted earnings adjusted earnings per share and segment operating profit may be useful to investors in evaluating the underlying operating performance of the companyrsquos business as these measures eliminate items that are not reflective of its principal business activity
Net debt is defined as total debt less cash Management uses net debt to analyze the liquidity of the company
Further free cash flow relates to cash provided by continuing operating activities less cash payments for property plant and equipment Management has historically used free cash flow to evaluate its period-over-period cash generation performance because it believes this has provided a useful supplemental measure related to its principal business activity Adjusted EBITDA relates to net earnings from continuing operations attributable to the company less interest taxes depreciation and amortization as well as items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Free cash flow to adjusted EBITDA conversion may be useful to investors to assist in understanding the comparability of cash flows generated by the companyrsquos principal business activity It should not be inferred that the entire free cash flow amount is available for discretionary expenditures since the company has mandatory debt service requirements and other non-discretionary expenditures that are not deducted from the measure Management uses non-GAAP information principally for internal reporting forecasting budgeting and calculating compensation payments
The Company routinely posts important information on its website at o-icominvestors
15
RECONCILIATION TO EARNINGS BEFORE INCOME TAXES
Unaudited2021 2020
Net sales Americas 837$ 831$ Europe 639 576 Asia Pacific - 123 Reportable segment totals 1476 1530
Other 24 31 Net sales 1500$ 1561$
Segment operating profit (a)
Americas 100$ 103$ Europe 75 61 Asia Pacific - 12
Reportable segment totals 175 176
Items excluded from segment operating profit Retained corporate costs and other (35) (28) Charge related to Paddock support agreement liability (154) Charge for deconsolidation of Paddock (14)
Interest expense net (51) (53) Earnings (loss) before income taxes (65)$ 81$
Ratio of earnings before income taxes to net sales -43 52
Segment operating profit margin (b)
Americas 119 124 Europe 117 106 Asia Pacific - 98
Reportable segment margin totals 119 115
(a)
(b) Segment operating profit margin is segment operating profit divided by segment net sales
Three months ended March 31
The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources
Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs
16
SEGMENT RECONCILIATIONS
1Q PRICE VOLUME AND CURRENCY IMPACT ON REPORTABLE SEGMENT SALES
1Q PRICE SALES VOLUME OPERATING COSTS AND CURRENCY IMPACT ON REPORTABLE SEGMENT OPERATING PROFIT
(a) Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
Americas Europe Asia Pacific Total
Net sales for reportable segments- 1Q20 831$ 576$ 123$ 1530$ Effects of changing foreign currency rates (a) (13) 48 35 Price 26 2 28 Sales volume amp mix (3) 13 10 Divestitures (4) (123) (127)
Total reconciling items 6 63 (123) (54) Net sales for reportable segments- 1Q21 837$ 639$ -$ 1476$
Three months ended March 31
Americas Europe Asia Pacific TotalSegment operating profit - 1Q20 103$ 61$ 12$ 176$
Effects of changing foreign currency rates (a) 4 6 10 Net price (net of cost inflation) (17) (3) (20) Sales volume amp mix (1) 3 2 Operating costs 11 8 19 Divestitures (12) (12)
Total reconciling items (3) 14 (12) (1) Segment operating profit - 1Q21 100$ 75$ -$ 175$
Three months ended March 31
17
RECONCILIATION FOR NET DEBT
Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019 Dec 31 2021
Total debt 5348$ 6398$ 6507$ 5375$ 5142$ 5911$ 6331$ 5888$ 5559$ 4900$ Cash and cash equivalents 742 891 1067 606 563 326 371 273 551 500 Net Debt 4606$ 5507$ 5440$ 4769$ 4579$ 5585$ 5960$ 5615$ 5008$ 4400$
Three Months Ended
18
EBITDA AND FREE CASH FLOW RECONCILIATIONS
RECONCILIATION TO FREE CASH FLOW Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019
Dec 31 2020
Dec 31 2019 Dec 31 2021
Cash provided by (utilized in) operating activities (56)$ (315)$ 181$ 262$ 329$ (595)$ (67)$ 416$ 654$ 457$ 408$ 615$ Cash payments for property plant and equipment (93) (120) (69) (57) (65) (121) (112) (100) (93) (311) (426) (375) Free cash flow (non-GAAP) (149)$ (435)$ 112$ 205$ 264$ (716)$ (179)$ 316$ 561$ 146$ (18)$ 240$
Three Months Ended Year Ended
RECONCILIATION TO EBIDTAThe Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measures earnings (loss) from operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings (loss) from operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) from operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
19
RECONCILIATION FOR ADJUSTED EFFECTIVE TAX RATE
Unaudited Three Months Ended Three Months EndedMarch 31 2021 March 31 2020
(65)$ 81$ Items management considers not representative of ongoing operations 154 14
89$ 95$
Benefit (Provision) for income taxes (B) (26)$ (26)$ Tax items management considers not representative of ongoing operations - - Adjusted benefit (provision) for income taxes (D) (26)$ (26)$
Effective Tax Rate (B)(A) -400 321Adjusted Effective Tax Rate (D)(C) 292 274
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) before income taxes because management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss)before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted effective tax rate to earnings (loss) before income taxes divided by provision for income taxes or address the probable significance of the unavailable information which could be material to the Companys future financial results
Adjusted Earnings (loss) before income taxes (C)
Earnings before income taxes (A)
20
RECONCILIATION FOR ADJUSTED EARNINGS
The reconciliation below describes the items that management considers not representative of ongoing operationsUnaudited
March 31 2021 March 31 2020
(97)$ 50$ Items impacting other expense net
Charge related to Paddock support agreement liability 154Charge for deconsolidation of Paddock 14
Total adjusting items (non-GAAP) 154$ 14$
Adjusted earnings (non-GAAP) 57$ 64$
Diluted average shares (thousands) 157571 157684
Net earnings (loss) attributable to the Company (diluted) (062)$ 032$ Adjusted earnings per share (non-GAAP) (a) 035$ 041$
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
Net earnings (loss) attributable to the Company
Three months ended
21
RECONCILIATION FOR 2Q20 ADJUSTED EARNINGS
Unaudited
Three months ended
June 302020
(101)$ Items impacting other expense net
Restructuring asset impairment and other charges 71 Strategic transaction costs 4 Pension settlement charges 8
Items impacting interest expenseCharges for note repurchase premiums and write-off of finance fees 38
Items impacting income taxNet benefit for income tax on items above (19)
Total adjusting items (non-GAAP) 102$
Adjusted earnings (non-GAAP) 1$
Diluted average shares (thousands) 156790
Earnings (loss) per share from continuing operations (diluted) (064)$
Adjusted earnings per share (non-GAAP) (a) 001$
Earnings (loss) from continuing operations attributable to the Company
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 158327 for the three months ended June 30 2020
| OWENS-ILLINOIS INC | ||||||||||||||||||||||
| Reconciliation to Adjusted Earnings and Constant Currency | ||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||
| Unaudited | Three months ended December 31 | Nine months ended Sept 30 | Six months ended June 30 | |||||||||||||||||||
| 2016 | 2014 | 2015 | 2014 | 2015 | 2014 | |||||||||||||||||
| Earnings from continuing operations attributable to the Company | $ (70) | $ 61 | $ 131 | $ 297 | $ 113 | $ 236 | ||||||||||||||||
| Items management considers not representative of ongoing operations | ||||||||||||||||||||||
| Restructuring asset impairment and other charges | 110 | |||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (64) | 71 | 64 | 71 | 22 | - 0 | ||||||||||||||||
| Pension settlement charges | 98 | |||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 9 | |||||||||||||||||||||
| Net expense for income tax on items above | 6 | |||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (8) | (1) | (1) | |||||||||||||||||||
| Total adjusting items | 151 | 70 | 64 | 70 | 55 | - 0 | ||||||||||||||||
| Adjusted earnings | $ 81 | $ 131 | $ 195 | $ 367 | $ 168 | $ 236 | ||||||||||||||||
| Currency effect on earnings (1) | $ 2 | $ (24) | $ (68) | $ (44) | ||||||||||||||||||
| Adjusted earnings on a constant currency basis | $ 83 | $ 107 | $ 299 | $ 192 | ||||||||||||||||||
| Diluted average shares (thousands) | 162193 | 166138 | 162264 | 166187 | 162594 | 166212 | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | $ (043) | $ 037 | $ 081 | $ 179 | $ 069 | $ 142 | ||||||||||||||||
| Adjusted earnings per share | $ 050 | $ 079 | $ 160 | $ 221 | $ 103 | $ 142 | ||||||||||||||||
| Adjusted earnings per share on a constant currency basis | $ 051 | $ 064 | $ 179 | $ 115 | ||||||||||||||||||
| (1) | In the three months ended September 30 2016 there were no items in which management considered not representative of ongoing operations | |||||||||||||||||||||
| (1) | Currency effect on earnings determined by using September 30 2017 foreign currency exchange rates to translate third quarter 2016 local currency results | |||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Three months ended June 30 | Year ended December 31 | |||||||||||||||||||||||
| 2016 | 2015 | 2018 | 2017 | 2016 | 2015 | 2017 | 2017 | ||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 98 | $ 49 | $ 68 | $ 71 | $ 140 | $ 183 | |||||||||||||||||||
| Items impacting cost of good sold | |||||||||||||||||||||||||||
| Pension settlement charges | - 0 | 200 | |||||||||||||||||||||||||
| Items impacting selling and administrative expense | |||||||||||||||||||||||||||
| Pension settlement charges | 18 | ||||||||||||||||||||||||||
| Items impacting other expense net | |||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 8 Lea Stoehr Lea Stoehr-1 | 39 | 19 | 10 | 77 | ||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (7) | (7) | |||||||||||||||||||||||||
| Items impacting interest expense | |||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | - 0 | 17 | 18 | ||||||||||||||||||||||||
| Items impacting income tax | |||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||
| Net benefit for income tax on items above | - 0 | (9) | (4) | (4) | (27) | ||||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (20) | (29) | |||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | |||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | 5 | (1) | 2 | (3) | (3) | ||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ 6 | $ - 0 | $ 46 | $ 10 | $ - 0 | $ (17) | $ 254 | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 98 | $ 95 | $ 78 | $ 71 | $ 123 | $ 437 | |||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 165186 | 163840 | 161793 | 163287 | 164482 | 164647 | |||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 059 | $ 030 | $ 042 | $044 | $ 085 | $ 111 | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | $ (027) | $ 059 | $ 058 | $ 048 | $044 | $ 075 | $ 265 | |||||||||||||||||||
| v3 | ||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||
| Reportable Segment Information | ||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended September 30 | Six months ended June 30 | |||||||||||||||||||||
| 2016 | 2015 | 2017 | 2016 | 2015 | 2016 | 2015 | ||||||||||||||||||
| Net sales | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 605 | $ 1209 | $ 1204 | |||||||||||||||||
| North America | (294) | (169) | 837 | 831 | 520 | 1131 | 1000 | |||||||||||||||||
| Latin America | (18) | 164 | 639 | 576 | 265 | 657 | 412 | |||||||||||||||||
| Asia Pacific | (317) | (193) | - | 123 | 162 | 317 | 316 | |||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||
| Reportable segment totals | (1838) | (1402) | 1476 | 1530 | 1552 | 3314 | 2932 | |||||||||||||||||
| - 0 | ||||||||||||||||||||||||
| Other | (10) | (1) | 24 | 31 | 14 | 34 | 32 | |||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||
| Net sales | $ (1848) | $ (1403) | $ 1500 | $ 1561 | $ 1566 | $ 3348 | $ 2964 | |||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 68 | $ 128 | $ 113 | |||||||||||||||||
| North America | (68) | (50) | 100 | 103 | 61 | 168 | 153 | |||||||||||||||||
| Latin America | (45) | 4 | 75 | 61 | 51 | 120 | 57 | |||||||||||||||||
| Asia Pacific | (28) | (20) | - | 12 | 19 | 28 | 32 | |||||||||||||||||
| Reportable segment totals | ERRORREF | ERRORREF | 175 | 176 | 199 | 444 | 355 | |||||||||||||||||
| Items excluded from segment operating profit | ||||||||||||||||||||||||
| Retained corporate costs and other | 22 | 11 | (35) | (28) | (10) | (57) | (39) | |||||||||||||||||
| Items not considered representative of ongoing operations (b) | 12 | 33 | (64) | (12) | (33) | |||||||||||||||||||
| Interest expense net | 82 | 68 | (51) | (53) | (67) | (133) | (121) | |||||||||||||||||
| Earnings from continuing operations before income taxes | ERRORREF | ERRORREF | $ (65) | $ 81 | $ 58 | $ 242 | $ 162 | |||||||||||||||||
| Ratio of earnings from continuing operations before income taxes to net sales | ERRORREF | ERRORREF | -43 | 52 | 37 | |||||||||||||||||||
| Segment operating profit margin (c) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 112 | 106 | 94 | |||||||||||||||||
| North America | 231 | 296 | 119 | 124 | 117 | 149 | 153 | |||||||||||||||||
| Latin America | 2500 | 24 | 117 | 106 | 192 | 183 | 138 | |||||||||||||||||
| Asia Pacific | 88 | 104 | ERRORDIV0 | 98 | 117 | 88 | 101 | |||||||||||||||||
| Reportable segment margin totals | ERRORREF | ERRORREF | 119 | 115 | 128 | 134 | 121 | |||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings from continuing operations before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||
| (c) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||
| Reconciliation to Additions to property plant and equipment (capital expenditures) | ||||||||||||
| Unaudited | 2018 | |||||||||||
| 2017 | Estimate | 2018 | ||||||||||
| Payments for property plant and equipment | (441) | (500) | ||||||||||
| Change in accounts payable related to additions to property plant and equipment (a) | (44) | (b) | ||||||||||
| Additions to property plant and equipment (capital expenditures) | $ (485) | $ (500) | ||||||||||
| (a) | Relates to invoices for additions to property plant and equipment that were unpaid as of December 31 2017 | |||||||||||
| (b) | Forecasted amounts for full year 2018 are not determinable at this time | |||||||||||
| O-I GLASS INC | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow for the year ended December 31 | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow | |||||||||||||||||||
| Forecast for Quarter Ending | Forecast for Year Ending | ||||||||||||||||||
| June 30 2019 | December 31 2019 | ||||||||||||||||||
| Low End of Guidance Range | |||||||||||||||||||
| Earnings from continuing operations attributable to the Company | (b) | (b) | |||||||||||||||||
| Items management considers not representative of ongoing operations | to | ||||||||||||||||||
| Expected pension settlement charges (estimate) | |||||||||||||||||||
| Restructuring asset impairment and other charges(b) | |||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees(b) | |||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||
| Net benefit for income tax on items above(b) | |||||||||||||||||||
| Net impact of noncontrolling interests on items above(b) | |||||||||||||||||||
| Total adjusting items | (a) | (a) | |||||||||||||||||
| Adjusted earnings (non-GAAP) | (b) | to | (b) | ||||||||||||||||
| Diluted average shares (thousands) | 156600 | to | (b) | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | (b) | to | (b) | ||||||||||||||||
| Adjusted earnings per share (non-GAAP) | $ 075 | to | $ 300 | ||||||||||||||||
| (a) At this time management has not yet identified the items in 2019 that are not representative of ongoing operations | |||||||||||||||||||
| Unaudited | |||||||||||||||||||
| 2019 | |||||||||||||||||||
| Forecast | 2018 | 2017 | 2016 | 2015 | 2018 | ||||||||||||||
| Cash provided by continuing operating activities | $ 740 | $ 793 | $ 724 | $ 758 | $ 612 | ||||||||||||||
| Additions to property plant and equipment | (500) | (536) | (441) | (454) | (402) | ||||||||||||||
| Asbestos-related payments | 160 | 105 | 110 | 125 | 138 | ||||||||||||||
| Adjusted free cash flow (non-GAAP) | $ 400 | $ 362 | $ 393 | $ 429 | $ 348 | $ - 0 | |||||||||||||
| Cash utilized in investing activities | (a) | $ (698) | $ (351) | $ (417) | $ (2748) | (c) | |||||||||||||
| Cash provided by (utilized in) financing activities | (a) | $ (53) | $ (392) | $ (228) | $ 2057 | (c) | |||||||||||||
| (a) Forecasted amounts for full year 2019 are not determinable at this time |
| Unaudited | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||
| (Dollars in millions) | ||||||||||||||||
| Year Ended | Forecast for Year Ended | |||||||||||||||
| December 31 2020 | December 31 2021 | 2016 | 2015 | 2018 | ||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ 457 | $ 615 | $ 758 | $ 612 | ||||||||||||
| Cash payments for property plant and equipment | (311) | (375) | (454) | (402) | ||||||||||||
| Free cash flow (non-GAAP) | $ 146 | $ 240 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||
| Unaudited | ||||||||||||||||
| December 31 2020 | December 31 2019 | 2016 | 2015 | 2018 | ||||||||||||
| Total debt | $ 5142 | $ 5559 | $ 758 | $ 612 | ||||||||||||
| Cash and cash equivalents | 563 | 551 | (454) | (402) | ||||||||||||
| Net Debt | $ 4579 | $ 5008 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||
| reconciliation of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| Unaudited | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||
| Three months Ended | Three months Ended | Forecast for Year Ended | ||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | December 31 2021 | |||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ (56) | $ (315) | $ 758 | $ 612 | $ 615 | |||||||||||||
| Cash payments for property plant and equipment | (93) | (120) | (454) | (402) | (375) | |||||||||||||
| Free cash flow (non-GAAP) | $ (149) | $ (435) | $ 304 | $ 210 | $ - 0 | $ 240 | ||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||||
| Unaudited | ||||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | ||||||||||||||
| Total debt | $ 5348 | $ 6398 | $ 758 | $ 612 | ||||||||||||||
| Cash and cash equivalents | 742 | 891 | (454) | (402) | ||||||||||||||
| Net Debt | $ 4606 | $ 5507 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||||
| of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| v3 | |||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||
| Reconciliation for Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||
| Three months ended | Year ended | three months ended March 31 | CHECK | ||||||||||||||||||||||||
| March 31 2021 | March 31 2020 | December 31 2018 | 2015 | 2018 | 2017 | 2017 | 2016 | ||||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ 144 | $ 139 | $ 98 | $ 49 | $ (4) | ERRORREF | |||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 5 | 5 | ERRORREF | ||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||
| Items impacting equity earnings | 5 | $ - 0 | ERRORREF | ||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||
| Charge related to Paddock support agreement liability | 154 | ||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | 14 | 74 | |||||||||||||||||||||||||
| Charge for asbestos-related costs | 125 | ||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 97 | 75 | 39 | 97 | ERRORREF | ||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 11 | 42 | 17 | 11 | ERRORREF | ||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | (14) | 8 | (14) | ERRORREF | |||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (15) | (9) | - 0 | ERRORREF | |||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (1) | (1) | (1) | ERRORREF | |||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ 154 | $ 14 | $ 297 | $ 137 | $ - 0 | $ 46 | $ 283 | ERRORREF | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | $ 57 | $ 64 | $ 441 | $ 276 | $ 98 | $ 95 | $ 279 | ERRORREF | |||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Currency effect (a) | $ (3) | $ (3) | |||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (non-GAAP) | $ 54 | $ 61 | |||||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | 162088 | 162135 | 165186 | 163840 | |||||||||||||||||||||
| Net earnings (loss) attributable to the Company (diluted) | $ (062) | $ 032 | $ 089 | $ 085 | $ 059 | $ 030 | $ (002) | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) (a) | $ 035 | $ 041 | $ 272 | $ 170 | $ 059 | $ 058 | $ 172 | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ 039 | $ (039) | ERRORREF | ||||||||||||||||||||||||
| (a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021 | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending March 31 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||||||||||||||||||||||
| Changes in Net Sales and Segment Operating Profit for Reportable Segments | |||||||||||||||||||||||||||||||||||||||||||||||
| (Dollars in millions) | |||||||||||||||||||||||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||||||||||||||||||||||
| Three months ended March 31 | Q3 | Q2 | Q1 | ||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q20 | $ 831 | $ 576 | $ 123 | $ 1530 | $ 586 | $ 578 | $ 365 | $ 170 | $ 1699 | $ 646 | $ 599 | $ 345 | $ 158 | $ 1748 | $ 563 | $ 532 | $ 312 | $ 159 | $ 1566 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | (13) | 48 | 35 | 33 | 1 | 14 | 5 | 53 | (4) | (2) | (1) | 2 | (5) | (24) | 1 | 11 | 6 | (6) | |||||||||||||||||||||||||||||
| Price | 26 | 2 | 28 | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (3) | 13 | 10 | 5 | (35) | 20 | 9 | (1) | (4) | (32) | 17 | (9) | (28) | 23 | (13) | 9 | 7 | 26 | |||||||||||||||||||||||||||||
| Divestitures | (4) | (123) | (127) | ||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 6 | 63 | (123) | (54) | 5 | (28) | 33 | 13 | 23 | (7) | (25) | 26 | (5) | (11) | 15 | (5) | 18 | 8 | 36 | ||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q21 | $ 837 | $ 639 | $ - 0 | $ 1476 | $ 624 | $ 551 | $ 412 | $ 188 | $ 1775 | $ 635 | $ 572 | $ 370 | $ 155 | $ 1732 | $ 554 | $ 528 | $ 341 | $ 173 | $ 1596 | ||||||||||||||||||||||||||||
| Three months ended March 31 | |||||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Segment operating profit - 1Q20 | $ 103 | $ 61 | $ 12 | $ 176 | $ 64 | $ 79 | $ 74 | $ 20 | $ 237 | $ 73 | $ 92 | $ 57 | $ 11 | $ 233 | $ 55 | $ 76 | $ 63 | $ 17 | $ 211 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 4 | 6 | 10 | 4 | (1) | 3 | 6 | 1 | - 0 | - 0 | (1) | - 0 | (3) | 1 | (2) | ||||||||||||||||||||||||||||||||
| Net price (net of cost inflation) | (8) | (3) | (11) | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (1) | 3 | 2 | 1 | (9) | 5 | 2 | (1) | (1) | (7) | 3 | (2) | (7) | 5 | (2) | 4 | 1 | 8 | |||||||||||||||||||||||||||||
| Operating costs | 2 | 8 | 10 | 12 | (1) | (11) | (6) | (6) | 10 | - 0 | - 0 | (1) | 9 | 10 | 3 | (22) | (9) | ||||||||||||||||||||||||||||||
| Divestitures | (12) | (12) | |||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (3) | 14 | (12) | (1) | 13 | (3) | 7 | - 0 | 17 | 6 | - 0 | 12 | 1 | 19 | 7 | 9 | (9) | 2 | 9 | ||||||||||||||||||||||||||||
| Segment operating profit - 1Q21 | $ 100 | $ 75 | $ - 0 | $ 175 | $ 81 | $ 75 | $ 84 | $ 20 | $ 260 | $ 80 | $ 92 | $ 69 | $ 11 | $ 252 | $ 59 | $ 85 | $ 54 | $ 20 | $ 218 | ||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Net sales - 2016 | $ 2220 | $ 2300 | $ 684 | $ 5204 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 3 | 29 | 17 | 106 | |||||||||||||||||||||||||||||||||||||||||||
| 2016 at constant currency | 2223 | 2329 | 701 | 5310 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 Lea Stoehr Lea Stoehr+1 to round | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (84) | 52 | 1 | (31) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (63) | 90 | 13 | 40 | |||||||||||||||||||||||||||||||||||||||||||
| Net sales for reportable segments- 2017 | $ 2160 | $ 2419 | $ 714 | $ 5350 | |||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2016 | $ 299 | $ 237 | $ 77 | $ 613 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 5 | 1 | 6 | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit at constant currency - 2016 | 299 | 242 | 78 | 619 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (19) | 12 | 1 | (6) | |||||||||||||||||||||||||||||||||||||||||||
| Operating costs | 17 | (28) | (26) | (37) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 19 | 22 | (13) | 28 | |||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2017 | $ 318 | $ 264 | $ 65 | $ 647 | |||||||||||||||||||||||||||||||||||||||||||
| (a) | Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to | ||||||||||||||||||||||||||||||||||||||||||||||
| translate 2020 local currency results | |||||||||||||||||||||||||||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||||||||||||||
| Reportable Segment Information and Reconciliation to Earnings Before Income Taxes | ||||||||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||||||||
| Unaudited | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||||||
| 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||||||||
| Net sales | ||||||||||||||||||||||||||||||
| Americas | $ 837 | $ 831 | 2160 | 2220 | 1651 | 1709 | 328 | 320 | ||||||||||||||||||||||
| Europe | 639 | 576 | $ 2375 | $ 2300 | $ 1813 | $ 1795 | $ 77 | $ 71 | ||||||||||||||||||||||
| Asia Pacific | - | 123 | 714 | 684 | 516 | 487 | (198) | (74) | ||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||
| Reportable segment totals | 1476 | 1530 | 5249 | 6636 | 5103 | 5013 | 1330 | (93) | ||||||||||||||||||||||
| Other | 24 | 31 | 69 | 66 | 54 Lea Stoehr Lea Stoehrrounded by 1 | 47 | 9 | 12 | ||||||||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 5318 | $ 6702 | $ 5157 | $ 5060 | $ 1339 | $ (81) | ||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Americas | $ 100 | $ 103 | 352 | 299 | 252 | 247 | - | 51 | ||||||||||||||||||||||
| Europe | 75 | 61 | $ 295 | $ 237 | $ 220 | $ 192 | $ - | $ 16 | ||||||||||||||||||||||
| Asia Pacific | - | 12 | 51 | 77 | 51 | 48 | - | (17) | ||||||||||||||||||||||
| Reportable segment totals | 175 | 176 | 698 | 882 | 730 | 681 | 207 | (25) | ||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Items excluded from segment operating profit | - | - | ||||||||||||||||||||||||||||
| Retained corporate costs and other | (35) | (28) | (115) Anna Boris Anna Boris+1 for rounding | Lea Stoehr Lea Stoehrrounded by 1 | (98) | (81) | (75) | (1) | (5) | |||||||||||||||||||||
| Charge related to Paddock support agreement liability | (154) | |||||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | (14) | |||||||||||||||||||||||||||||
| Items not considered representative of ongoing operations (b) | (295) | (156) | (49) | (12) | 246 | 144 | ||||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | ||||||||||||||||||||||
| Earnings (loss) before income taxes | $ (65) | $ 81 | $ 20 | $ 356 | $ 396 | $ 395 | $ 311 | $ 120 | ||||||||||||||||||||||
| Ratio of earnings before income taxes to net sales | -43 | 52 | 04 | 53 | ||||||||||||||||||||||||||
| Segment operating profit margin (b) | ||||||||||||||||||||||||||||||
| Americas | 119 | 124 | 163 | 135 | ||||||||||||||||||||||||||
| Europe | 117 | 106 | 124 | 103 | ||||||||||||||||||||||||||
| Asia Pacific | - 0 | 98 | 71 | 113 | ||||||||||||||||||||||||||
| Reportable segment margin totals | 119 | 115 | 133 | 133 | ||||||||||||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||||||||
| (b) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings Q1 2017 | |||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | ||||||||||||||||||||||||||||
| 2016 | 2015 | 2017 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||
| Earnings (loss) from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 49 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | 98 | - 0 | - 0 | ERRORREF | |||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | - 0 | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Items impacting equity earnings | ERRORREF | 5 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | ERRORREF Lea Stoehr Lea Stoehr-1 | 39 | 88 | 129 | 75 | 49 | 19 | - 0 | ERRORREF | ||||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | ERRORREF | (71) | (7) | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Strategic transactions costs | ERRORREF | 23 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | ||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | ||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | ERRORREF | 17 | 34 | 9 | 42 | 17 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | ERRORREF | (9) | (21) | 1 | (15) | (12) | (4) | - 0 | ERRORREF | ||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | ERRORREF | (1) | (5) | 2 | (4) | 2 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | ERRORREF | $ 46 | $ 96 | $ 168 | $ 178 | $ 30 | $ 10 | $ 20 | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 95 | ERRORREF | $ 384 | $ 317 | $ 346 | $ 296 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 163840 | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||
| Earnings (loss) per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 030 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (111) | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | $ 058 | ERRORREF | ERRORREF | $ 196 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | ||||||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | |||||||||||||||||||||||||||||||
| 2016 | 2015 | 2021 | 2020 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | $ (120) | |||||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | (98) | - 0 | 98 | - 0 | - 0 | 98 | ||||||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | |||||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||||||||||
| Items impacting equity earnings | - 0 | 5 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | (130) Lea Stoehr Lea Stoehr-1 | 49 | 129 | 75 | 49 | 19 | - 0 | 110 | ||||||||||||||||||||||||||||
| Gain on China land sale | 71 | (71) | (7) | - 0 | (64) | |||||||||||||||||||||||||||||||
| Strategic transactions costs | - 0 | 23 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | |||||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | |||||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | (9) | 17 | 9 | 42 | 17 | - 0 | 9 | |||||||||||||||||||||||||||||
| Items impacting income tax | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Net benefit for income tax on items above | (1) | (12) | 1 | (15) | (12) | (4) | - 0 | 5 | ||||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (20) | (8) | 8 | (20) | - 0 | (8) | ||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (2) | (4) | 2 | (4) | 2 | - 0 | - 0 | |||||||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ (71) | $ - 0 | $ - 0 | $ 30 | $ 160 | $ 186 | $ 30 | $ 10 | $ - 0 | $ 150 | |||||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 376 | $ 325 | $ 346 | $ 296 | ERRORREF | $ 30 | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Currency effect on earnings (2017 only)(a) | (5) | 4 | 5 | 3 | $ - 0 | (2) | ||||||||||||||||||||||||||||||
| $ - 0 | - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (2017 only) (non-GAAP) | $ (327) | $ 54 | $ 381 | 299 | $ - 0 | 28 | ||||||||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ (062) | $ 032 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (019) | $ (075) | |||||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 200 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ (202) | ERRORREF | ERRORREF | $ 184 | $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||
| (a) | Currency effect on earnings determined by using 2018 foreign currency exchange rates to translate 2017 local currency results | |||||||||||||||||||||||||||||||||||
| (b) | For adjusted earnings per share the diluted average shares (in thousands) are 165265 and 163477 for the three months ended December 31 2017 and 2016 | |||||||||||||||||||||||||||||||||||
| v3 | ||||||||||
| O-I GLASS INC | ||||||||||
| Condensed Consolidated Cash Flow | ||||||||||
| (Dollars in millions) | ||||||||||
| Unaudited | Three months ended March 31 | |||||||||
| 2021 | 2020 | |||||||||
| Cash flows from operating activities | ||||||||||
| Net earnings (loss) | $ (91) | $ 55 | ||||||||
| Loss from discontinued operations | - | - | ||||||||
| Non-cash charges | ||||||||||
| Depreciation and amortization | 115 | 126 | ||||||||
| Pension expense | 8 | 9 | ||||||||
| Restructuring asset impairment and related charges | ||||||||||
| Charge related to Paddock support agreement liability | 154 | |||||||||
| Cash payments | ||||||||||
| Pension contributions | (18) | (13) | ||||||||
| Asbestos-related payments | ||||||||||
| Cash paid for restructuring activities | (3) | (8) | ||||||||
| Change in components of working capital (a) | (229) | (461) | ||||||||
| Other net (b) | 8 | (23) | ||||||||
| Cash utilized in operating activities | (56) | (315) | ||||||||
| Cash utilized in discontinued operating activities | - | |||||||||
| Total cash utilized in operating activities | (56) | (315) | ||||||||
| Cash flows from investing activities | ||||||||||
| Cash payments for property plant and equipment | (93) | (120) | ||||||||
| Acquisitions net of cash acquired | ||||||||||
| Contributions and advances to joint ventures | ||||||||||
| Net cash proceeds on disposal of other businesses and misc assets | 4 | |||||||||
| Net cash proceeds on sale of ANZ business | 58 | |||||||||
| Deconsolidation of Paddock | (47) | |||||||||
| Other | 2 | |||||||||
| Other net | ||||||||||
| Cash utilized in investing activities | (31) | (165) | ||||||||
| Cash flows from financing activities | ||||||||||
| Changes in borrowings net | 290 | 859 | ||||||||
| Treasury shares repurchased | ||||||||||
| Dividends Paid | (8) | |||||||||
| Treasury shares repurchased | ||||||||||
| Issuance of common stock and other | (2) | (2) | ||||||||
| Cash provided by financing activities | 288 | 849 | ||||||||
| Effect of exchange rate fluctuations on cash | (22) | (29) | ||||||||
| Change in cash | 179 | 340 | ||||||||
| Cash at beginning of period | 563 | 551 | ||||||||
| Cash at end of period | $ 742 | $ 891 | ||||||||
| (a) | The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows At March 31 2021 December 31 2020 and March 31 2020 the amount of receivables sold by the Company was $444 million $436 million and $429 million respectively For the three months ended March 31 2021 and 2020 the Companys use of its factoring programs resulted in an increase of $8 million to cash from operating activities and a $110 million decrease to cash from operating activities respectively | |||||||||
| (b) | Other net includes other non-cash charges plus other changes in non-current assets and liabilities | |||||||||
| v3 | |||||||||||
| O-I GLASS INC | |||||||||||
| Condensed Consolidated Balance Sheets | |||||||||||
| (Dollars in millions) | |||||||||||
| Unaudited | March 31 | December 31 | March 31 | ||||||||
| 2021 | 2020 | 2020 | |||||||||
| Assets | |||||||||||
| Current assets | |||||||||||
| Cash and cash equivalents | $ 742 | $ 563 | $ 891 | ||||||||
| Trade receivables net | 714 | 623 | 767 | ||||||||
| Inventories | 827 | 841 | 1047 | ||||||||
| Prepaid expenses and other current assets | 203 | 270 | 257 | ||||||||
| Total current assets | 2486 | 2297 | 2962 | ||||||||
| Property plant and equipment net | 2791 | 2907 | 2987 | ||||||||
| Goodwill | 1880 | 1951 | 1773 | ||||||||
| Intangibles net | 310 | 325 | 312 | ||||||||
| Other assets | 1358 | 1402 | 1470 | ||||||||
| Total assets | $ 8825 | $ 8882 | $ 9504 | ||||||||
| Liabilities and Share Owners Equity | |||||||||||
| Current liabilities | |||||||||||
| Accounts payable | $ 998 | $ 1126 | $ 1025 | ||||||||
| Short-term loans and long-term debt due within one year | 180 | 197 | 283 | ||||||||
| Current portion of asbestos-related liabilities | |||||||||||
| Other liabilities | 524 | 575 | 516 | ||||||||
| Other liabilities - discontinued operations | |||||||||||
| Total current liabilities | 1702 | 1898 | 1824 | ||||||||
| Long-term debt | 5168 | 4945 | 6115 | ||||||||
| Asbestos-related liabilities | |||||||||||
| Paddock support agreement liability | 625 | 471 | 471 | ||||||||
| Other long-term liabilities | 1068 | 1167 | 1018 | ||||||||
| Share owners equity | 262 | 401 | 76 | ||||||||
| Total liabilities and share owners equity | $ 8825 | $ 8882 | $ 9504 | ||||||||
| v3 | |||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||
| Condensed Consolidated Results of Operations | |||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||
| Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||
| Unaudited | 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 6869 | $ 6702 | $ 5157 | $ 5060 | $ (212) | $ (81) | |||||||||||||||||
| Cost of goods sold | (1256) | (1293) | (5736) | (5490) | (4143) | (4063) | 337 | 134 | |||||||||||||||||
| Gross profit | 244 | 268 | 1133 | 1212 | 1014 | 997 | 125 | 53 | |||||||||||||||||
| Selling and administrative expense | (102) | (116) | (502) | (503) | (362) | (375) | 38 | 12 | |||||||||||||||||
| Research development and engineering expense | (18) | (16) | (60) | (65) | (46) | (48) | (4) | 1 | |||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | |||||||||||||||||
| Equity earnings | 18 | 15 | 77 | 60 | 55 | 44 | (4) | (1) | |||||||||||||||||
| Other expense net | (156) | (17) | (105) | (76) | (61) | (24) | (112) | 35 | |||||||||||||||||
| Earnings (loss) before income taxes | (65) | 81 | 275 | 356 | 396 | 395 | 56 | 120 | |||||||||||||||||
| Provision for income taxes | (26) | (26) | (70) | (119) | (65) | (93) | (21) | - | |||||||||||||||||
| Net earnings (loss) | (91) | 55 | 205 | 237 | 331 | 302 | 35 | 120 | |||||||||||||||||
| Net earnings attributable to noncontrolling interests | (6) | (5) | (22) | (21) | (15) | (16) | 1 | - | |||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| - 0 | - 0 | ||||||||||||||||||||||||
| Amounts attributable to the Company | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (97) | $ 50 | ERRORREF | $ 216 | $ 316 | $ 286 | ERRORREF | $ 120 | |||||||||||||||||
| Loss from discontinued operations | ERRORREF | (7) | (2) | (6) | ERRORREF | 1 | |||||||||||||||||||
| Net earnings | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| $ -0 | $ -0 | ||||||||||||||||||||||||
| Amounts attributable to noncontrolling interests | $ -0 | $ -0 | |||||||||||||||||||||||
| Earnings from continuing operations | $ - | $ - | |||||||||||||||||||||||
| Earnings from discontinued operations | - | - | |||||||||||||||||||||||
| Loss on disposal of discontinued operations | - | - | |||||||||||||||||||||||
| Net earnings | $ - | $ - | $ - | $ - | $ - | $ - | |||||||||||||||||||
| Basic earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 112 Lea Stoehr Lea StoehrEPS file | $ 133 Lea Stoehr Lea StoehrEPS file | $ 194 | $ 176 | $ 020 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 111 | $ 129 | $ 193 | $ 172 | $ 020 | $ 075 | |||||||||||||||||
| Weighted average shares outstanding (thousands) | 157571 | 156081 | |||||||||||||||||||||||
| Diluted earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 111 Lea Stoehr Lea StoehrEPS file | $ 132 Lea Stoehr Lea StoehrEPS file | $ 192 | $ 175 | $ 019 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 110 | $ 128 | $ 191 | $ 171 | $ 019 | $ 075 | |||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | |||||||||||||||||||||||
| Current Year | 2021 | ||
| Prior Year | 2020 |
| APPROXIMATE ANNUAL IMPACT ON | FX RATES AT KEY POINTS | ||||||||||||||||||
| EPS FROM 10 FX CHANGE | Apr 27st | March 31st | AVG | Avg | Avg | ||||||||||||||
| 2021 | 2021 | 1Q21 | 2020 | 2Q20 | |||||||||||||||
| EUR | 009 | EUR | 121 | 117 | 120 | 115 | 111 | ||||||||||||
| MXN | 003 | MXN | 2004 | 2061 | 2064 | 2156 | 2298 | ||||||||||||
| BRL | 003 | BRL | 545 | 577 | 558 | 521 | 538 | ||||||||||||
| COP | 001 | COP | 3716 | 3727 | 3627 | 3715 | 3791 | ||||||||||||
| Shares 2020 | 158671 | |||||||||||||||||||||||||||||||||||||||
| Tax Rate 2020 | 3270 | |||||||||||||||||||||||||||||||||||||||
| EUROPE | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX EUR | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | ||||||||||||||||||||||||||||
| New FX EUR | 12097 | 12154 | 11707 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | ||||||||||||||||||||||||||||
| -2 | -1 | -5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Budget FX CHF | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | ||||||||||||||||||||||||||||
| New FX CHF | 08896 | 09060 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | ||||||||||||||||||||||||||||
| EBIT As Is | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 84801 | 100161 | 100223 | 66163 | 351347 | |||||||||||||||||||||||
| EBIT USD | 12762 | 10662 | 14643 | 12585 | 14406 | 13843 | 17014 | 16412 | 12372 | 13681 | 13730 | 10553 | 38068 | 40834 | 45798 | 37964 | 162663 | |||||||||||||||||||||||
| 70 | CHF - Salaries amp Benefits | 2815 | 3216 | 3211 | 3317 | 3145 | 2984 | 2588 | 2838 | 2672 | 2615 | 2569 | 2501 | 9243 | 9446 | 8099 | 7684 | 34472 | ||||||||||||||||||||||
| EBIT EUR Denominated | 20741 | 12054 | 23181 | 20325 | 27076 | 21373 | 29744 | 17984 | 14796 | 14519 | 13072 | 8293 | 55976 | 68773 | 62524 | 35883 | 223156 | |||||||||||||||||||||||
| Translation | (322) | (131) | (1096) | 2032 | 2708 | 2137 | 2974 | 1798 | 1480 | 1452 | 1307 | 829 | (1550) | 6877 | 6252 | 3588 | 15168 | |||||||||||||||||||||||
| CHF Translation | (24) | (85) | (210) | (302) | (286) | (271) | (235) | (258) | (243) | (238) | (234) | (227) | (320) | (859) | (736) | (699) | (2613) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (124) | (87) | (378) | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | (590) | 2399 | 2399 | 2399 | 6608 | |||||||||||||||||||||||
| Trademarks | (35) | (24) | (106) | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | (165) | 671 | 671 | 671 | 1849 | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (001) | 001 | 001 | 001 | 002 | 001 | 001 | 001 | 001 | 001 | (001) | 004 | 004 | 003 | 009 | |||||||||||||||||||||||
| CENTRAL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | ||||||||||||||||||||||||||||
| New FX | 203524 | 209672 | 206091 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | ||||||||||||||||||||||||||||
| 2 | 5 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 22833 | 31408 | 28449 | 14041 | 96730 | |||||||||||||||||||||||
| Translation | (241) | (205) | (292) | (837) | (1129) | (889) | (889) | (907) | (790) | (377) | (409) | (491) | (738) | (2855) | (2586) | (1276) | (7456) | |||||||||||||||||||||||
| Sales 3rd Party | 78 | 135 | 135 | 148 | 115 | 109 | 185 | 128 | 200 | 132 | 100 | 46 | 348 | 372 | 513 | 278 | 1512 | |||||||||||||||||||||||
| Royalties | (42) | (91) | (72) | (161) | (176) | (161) | (175) | (182) | (176) | (169) | (159) | (140) | (205) | (498) | (534) | (468) | (1704) | |||||||||||||||||||||||
| Trademarks | (13) | (27) | (22) | (48) | (53) | (48) | (52) | (55) | (53) | (50) | (47) | (42) | (61) | (149) | (160) | (139) | (509) | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (000) | (000) | (001) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| BRAZIL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | ||||||||||||||||||||||||||||
| New FX | 54392 | 55178 | 57736 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | ||||||||||||||||||||||||||||
| 5 | 6 | 11 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 15040 | 12157 | 16602 | 17784 | 61584 | |||||||||||||||||||||||
| Translation | (282) | (224) | (511) | (327) | (421) | (358) | (455) | (537) | (517) | (568) | (526) | (522) | (1017) | (1105) | (1509) | (1617) | (5249) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (36) | (44) | (79) | (63) | (64) | (68) | (73) | (77) | (76) | (76) | (78) | (80) | (159) | (195) | (225) | (234) | (814) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact BRAZIL | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| COLOMBIA | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | ||||||||||||||||||||||||||||
| New FX | 3558 | 3597 | 3727 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | ||||||||||||||||||||||||||||
| 4 | 5 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 12780 | 16520 | 20188 | 15498 | 64986 | |||||||||||||||||||||||
| Translation | (172) | (192) | (371) | (514) | (536) | (452) | (596) | (613) | (625) | (617) | (498) | (294) | (735) | (1502) | (1835) | (1409) | (5481) | |||||||||||||||||||||||
| Sales 3rd Party | 107 | 164 | 241 | 328 | 359 | 286 | 390 | 433 | 351 | 416 | 388 | 302 | 512 | 974 | 1174 | 1106 | 3765 | |||||||||||||||||||||||
| Royalties | (5) | (7) | (12) | (16) | (16) | (16) | (19) | (19) | (20) | (19) | (17) | (13) | (25) | (48) | (58) | (49) | (180) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact COLOMBIA | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | |||||||||||||||||||||||
| PERU | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | ||||||||||||||||||||||||||||
| New FX | 36427 | 36475 | 37706 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | ||||||||||||||||||||||||||||
| 1 | 1 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 7340 | 6883 | 8112 | 5766 | 28101 | |||||||||||||||||||||||
| Translation | (24) | (16) | (68) | (187) | (206) | (232) | (282) | (250) | (205) | (222) | (194) | (108) | (108) | (626) | (737) | (524) | (1995) | |||||||||||||||||||||||
| Sales 3rd Party | 20 | 18 | 96 | 239 | 276 | 242 | 309 | 268 | 295 | 268 | 338 | 152 | 134 | 757 | 872 | 758 | 2521 | |||||||||||||||||||||||
| Royalties | (3) | (3) | (12) | (29) | (31) | (32) | (34) | (35) | (35) | (32) | (31) | (23) | (18) | (92) | (103) | (86) | (300) | |||||||||||||||||||||||
| Trademarks | (1) | (1) | (4) | (8) | (9) | (10) | (10) | (11) | (11) | (10) | (10) | (7) | (6) | (27) | (32) | (27) | (92) | |||||||||||||||||||||||
| EPS Impact PERU | (000) | (000) | 000 | 000 | 000 | (000) | (000) | (000) | 000 | 000 | 000 | 000 | 000 | 000 | (000) | 000 | 000 |
| HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | ||||||||||||||||||||||||||||
| Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | ||||||||||||||||||||||||||||
| January | February | March | April | May | June | July | August | September | October | November | December | YearTotal | ||||||||||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 96730 | |||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 209058 | 79242 | 165770 | 183006 | 247073 | 194521 | 194487 | 198483 | 172776 | 82460 | 89369 | 107393 | 1923639 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 1841 | 1758 | 2059 | 1774 | 1932 | 1769 | 1927 | 2007 | 1935 | 1859 | 1750 | 1537 | 22149 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 36621 | 34964 | 40944 | 35277 | 38424 | 35182 | 38317 | 39916 | 38488 | 36971 | 34795 | 30575 | 440473 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 550 | 524 | 617 | 529 | 578 | 528 | 576 | 601 | 579 | 555 | 522 | 457 | 6617 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10939 | 10429 | 12269 | 10526 | 11494 | 10496 | 11461 | 11953 | 11514 | 11047 | 10377 | 9079 | 131585 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 12560 | 5924 | 10668 | 11162 | 14591 | 11735 | 11939 | 12245 | 10859 | 6218 | 6422 | 7051 | 121373 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 211106 | 81181 | 168102 | 184966 | 249240 | 196474 | 196647 | 200747 | 174947 | 84531 | 91297 | 109043 | 1948281 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 34780 | 33206 | 38885 | 33503 | 36492 | 33413 | 36390 | 37908 | 36553 | 35112 | 33045 | 29038 | 418324 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10389 | 9905 | 11652 | 9997 | 10916 | 9969 | 10885 | 11352 | 10935 | 10491 | 9856 | 8622 | 124969 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 61584 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 32142 | 19653 | 26282 | 18655 | 24018 | 20438 | 25996 | 30677 | 29512 | 32452 | 30059 | 29808 | 319690 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 791 | 741 | 785 | 690 | 707 | 752 | 801 | 847 | 832 | 833 | 863 | 876 | 9517 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 4108 | 3846 | 4075 | 3582 | 3668 | 3902 | 4158 | 4398 | 4319 | 4323 | 4480 | 4546 | 49405 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 64986 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 15067387 | 13263595 | 15364223 | 19325104 | 20152949 | 17004980 | 22428776 | 23071622 | 23520827 | 23203154 | 18728071 | 11055369 | 222186057 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 2736 | 3313 | 2924 | 3606 | 3953 | 3150 | 4288 | 4764 | 3858 | 4579 | 4263 | 3325 | 44759 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 9353229 | 11327116 | 9997013 | 12327312 | 13514966 | 10770900 | 14660926 | 16288460 | 13190884 | 15654758 | 14575462 | 11369644 | 153030671 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 139 | 146 | 151 | 181 | 171 | 177 | 212 | 210 | 215 | 208 | 187 | 140 | 2136 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 473829 | 499117 | 516517 | 619386 | 585125 | 604100 | 724460 | 717547 | 734407 | 711396 | 638632 | 479611 | 7304129 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 28101 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 13070 | 7377 | 6116 | 7438 | 8215 | 9254 | 11235 | 9962 | 8157 | 8847 | 7724 | 4295 | 101691 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3051 | 2340 | 2373 | 2628 | 3039 | 2664 | 3399 | 2944 | 3250 | 2946 | 3722 | 1671 | 34026 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 11040 | 8470 | 8587 | 9511 | 10998 | 9641 | 12299 | 10653 | 11760 | 10661 | 13468 | 6046 | 123135 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 458 | 360 | 308 | 314 | 342 | 352 | 373 | 382 | 380 | 353 | 344 | 253 | 4220 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 1656 | 1303 | 1113 | 1138 | 1239 | 1274 | 1351 | 1383 | 1376 | 1279 | 1243 | 916 | 15271 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 147 | 107 | 93 | 93 | 101 | 107 | 113 | 118 | 119 | 112 | 109 | 80 | 1298 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 531 | 389 | 336 | 336 | 366 | 388 | 410 | 427 | 432 | 404 | 393 | 288 | 4698 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 351347 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | EUR | 2021 | Budget | Final | 24974 | 15869 | 28168 | 24083 | 31198 | 26230 | 35946 | 25681 | 19935 | 20821 | 19721 | 13301 | 285927 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| OI Europe Sarl | Royalties to OI Toledo | Total Custom 1 | USD | 2021 | Budget | Final | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 95975 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 26853 | |||||||||||||||||||||
| (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (001910) | ||||||||||||||||||||||||||||
| Total United Kingdom | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1629 | 1383 | 2256 | 1858 | 3068 | 1263 | 4092 | 4062 | 3364 | 3273 | 3499 | 1776 | 31524 | |||||||||||||||||||||
| OI Sales and Distribution UK Ltd | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Poland | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2045 | 1051 | 2603 | 1724 | 1789 | 1622 | 2327 | 1989 | 1292 | 1275 | 1204 | 250 | 19172 | |||||||||||||||||||||
| OI Sales and Distribution Poland Sp Zoo | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Jarslow Machine Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (56) | 47 | 42 | (58) | 42 | 47 | (19) | 30 | (10) | 49 | 41 | 11 | 164 | |||||||||||||||||||||
| OI Poland Business Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (407) | 103 | 248 | (67) | 361 | 1223 | 899 | 471 | 381 | 186 | 253 | (176) | 3475 | |||||||||||||||||||||
| OI Sales and Distribution Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1053 | (363) | 1042 | 737 | 695 | 1237 | 1269 | 1413 | (1104) | 292 | 278 | 253 | 6801 | |||||||||||||||||||||
| OI Sales and Distribution Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| European Glass Group Admin | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 8499 | 8441 | 8452 | 8390 | 8451 | 8451 | 8447 | 8447 | 8450 | 8606 | 8455 | 8439 | 101527 | |||||||||||||||||||||
| Europe MR Adjustments | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Total Controllable Operating Expenses | USD | 2021 | Budget | Final | 4022 | 4595 | 4588 | 4739 | 4493 | 4263 | 3697 | 4055 | 3818 | 3735 | 3669 | 3573 | 49246 | |||||||||||||||||||||
| Europe Mgmt Reportingusd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 17926 | 8838 | 19969 | 17008 | 23930 | 18389 | 27156 | 15145 | 12124 | 11904 | 10503 | 5792 | 188684 |
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End SIMULATION | 10 | Change | ||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | SPOT | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | RATE | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | ||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | |||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | |||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | |||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | |||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | |||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | |||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | |||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | ||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | |||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | |||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | |||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | |||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | |||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | |||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | |||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | ||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | |||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | |||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | |||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | |||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | |||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | |||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | |||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | ||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | |||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | |||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | |||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | |||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | |||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | |||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | |||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | |||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | |||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | |||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | |||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | ||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | |||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | |||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 8720000 | |||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 543920 | ||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 355800000 | ||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 364270 | ||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | ||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 5799800 | ||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 2035240 | ||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 128700 | ||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 120970 | |||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 088960 | ||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 137030 | ||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 375170 | ||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 2154860 | ||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29639000 | ||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 657980 | ||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 7617880 | ||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 076430 | |||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 071520 | ||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 646100 | ||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 775270 | ||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 1403000000 | ||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 133130 | ||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 2305200000 | ||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2998400 | ||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 73815000 | |||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10452000 | ||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 111940000 | ||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 285390 | ||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 405350 | ||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 348640 | ||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 4807500 | ||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2803300 | ||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 736220 | ||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 1526290 | ||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7298750 | ||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 375070 | ||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106865 | |||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 088280 | ||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 107615 | ||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2021 | ||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | Average | High | Low | ||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 8720000 | 8720000 | 8720000 | 8720000 | ||||||||||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 543920 | 543920 | 543920 | 543920 | |||||||||||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 355800000 | 355800000 | 355800000 | 355800000 | |||||||||||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 364270 | 364270 | 364270 | 364270 | |||||||||||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 696000 | ||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 5799800 | 5799800 | 5799800 | 5799800 | |||||||||||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2035240 | 2035240 | 2035240 | 2035240 | |||||||||||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 128700 | 128700 | 128700 | 128700 | |||||||||||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 120970 | 120970 | 120970 | 120970 | ||||||||||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 088960 | 088960 | 088960 | 088960 | |||||||||||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 137030 | 137030 | 137030 | 137030 | |||||||||||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 375170 | 375170 | 375170 | 375170 | |||||||||||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2154860 | 2154860 | 2154860 | 2154860 | |||||||||||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 29639000 | 29639000 | 29639000 | 29639000 | |||||||||||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 657980 | 657980 | 657980 | 657980 | |||||||||||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 7617880 | 7617880 | 7617880 | 7617880 | |||||||||||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 076430 | 076430 | 076430 | 076430 | ||||||||||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 071520 | 071520 | 071520 | 071520 | |||||||||||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 646100 | 646100 | 646100 | 646100 | |||||||||||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 775270 | 775270 | 775270 | 775270 | |||||||||||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 1403000000 | 1403000000 | 1403000000 | 1403000000 | |||||||||||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 133130 | 133130 | 133130 | 133130 | |||||||||||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 2305200000 | 2305200000 | 2305200000 | 2305200000 | |||||||||||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 2998400 | 2998400 | 2998400 | 2998400 | |||||||||||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 73815000 | 73815000 | 73815000 | 73815000 | ||||||||||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 10452000 | 10452000 | 10452000 | 10452000 | |||||||||||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 111940000 | 111940000 | 111940000 | 111940000 | |||||||||||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 285390 | 285390 | 285390 | 285390 | |||||||||||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 405350 | 405350 | 405350 | 405350 | |||||||||||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 348640 | 348640 | 348640 | 348640 | |||||||||||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 4807500 | 4807500 | 4807500 | 4807500 | |||||||||||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 2803300 | 2803300 | 2803300 | 2803300 | |||||||||||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 736220 | 736220 | 736220 | 736220 | |||||||||||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1526290 | 1526290 | 1526290 | 1526290 | |||||||||||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 7298750 | 7298750 | 7298750 | 7298750 | |||||||||||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 375070 | 375070 | 375070 | 375070 | |||||||||||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 106865 | 106865 | 106865 | 106865 | ||||||||||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 088280 | 088280 | 088280 | 088280 | |||||||||||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 107615 | 107615 | 107615 | 107615 | |||||||||||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-20 | Feb-20 | Mar-20 | Apr-20 | May-20 | Jun-20 | Jul-20 | Aug-20 | Sep-20 | Oct-20 | Nov-20 | Dec-20 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 60246 | 621341 | 64464 | 6674 | 68439 | 703918 | 7225 | 739883 | 761102 | 782887 | 81058 | 841411 | 7152093 | 8414110 | 6024600 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 42464 | 44903 | 51924 | 53342 | 54059 | 54023 | 5153 | 5387 | 56312 | 57774 | 53354 | 51911 | 521222 | 577740 | 424640 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 34133 | 3499 | 405405 | 39217 | 369789 | 375371 | 372175 | 374842 | 388565 | 385525 | 360436 | 3419 | 371450667 | 405405000 | 341330000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 33647 | 34333 | 34365 | 33658 | 34365 | 35227 | 35117 | 35328 | 35971 | 36106 | 36017 | 36188 | 350268 | 361880 | 336470 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 52674 | 53093 | 53678 | 54456 | 57275 | 58076 | 58335 | 57922 | 58038 | 5824 | 58155 | 57982 | 5649367 | 5833500 | 5267400 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 187562 | 195268 | 239454 | 237426 | 221609 | 23033 | 220036 | 2178 | 224419 | 21368 | 200542 | 198866 | 2155827 | 2394540 | 1875620 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 13204 | 13444 | 14199 | 13865 | 13763 | 13663 | 13422 | 13082 | 13404 | 13312 | 1299 | 12745 | 134244 | 141990 | 127450 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 11024 | 10995 | 1101 | 10858 | 11098 | 11237 | 11893 | 11902 | 11734 | 11681 | 11969 | 12288 | 114741 | 122880 | 108580 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 09706 | 09676 | 09601 | 09747 | 09627 | 09516 | 09065 | 09042 | 09209 | 09145 | 09034 | 0882 | 093490 | 097470 | 088200 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13097 | 12882 | 12332 | 12465 | 12344 | 12298 | 13129 | 13339 | 12841 | 12916 | 13338 | 13614 | 128829 | 136140 | 122980 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 38927 | 3938 | 41288 | 41828 | 40114 | 39606 | 37075 | 36844 | 38614 | 39562 | 37441 | 37255 | 389945 | 418280 | 368440 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 22887 | 23066 | 247565 | 24932 | 242893 | 23819 | 220513 | 219209 | 231743 | 234209 | 218839 | 213174 | 2312654 | 2493200 | 2131740 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 30568 | 30842 | 32569 | 32597 | 31455 | 31679 | 28997 | 29692 | 31108 | 31485 | 3018 | 29693 | 30905417 | 32597000 | 28997000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 468123 | 493708 | 571683 | 579187 | 599947 | 607056 | 612846 | 641161 | 660765 | 674858 | 638594 | 637882 | 598818 | 674858 | 468123 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 631686 | 6665 | 793185 | 72783 | 70542 | 700054 | 731552 | 74037 | 789805 | 786921 | 760592 | 743399 | 7314428 | 7931850 | 6316860 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 06721 | 06524 | 0617 | 06562 | 06649 | 0688 | 07218 | 0735 | 07118 | 07045 | 0739 | 07698 | 069438 | 076980 | 061700 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 06486 | 06237 | 06015 | 06144 | 06206 | 06422 | 06704 | 06726 | 06586 | 06626 | 07032 | 07219 | 065336 | 072190 | 060150 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 69109 | 70114 | 70877 | 70547 | 71501 | 70671 | 69869 | 68515 | 68111 | 66829 | 65845 | 65301 | 689408 | 715010 | 653010 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 7769 | 77978 | 77542 | 77505 | 77532 | 77503 | 77499 | 77502 | 775 | 77519 | 77511 | 77521 | 775668 | 779780 | 774990 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13650 | 14170 | 16335 | 14925 | 14650 | 14225 | 14530 | 14544 | 14850 | 14625 | 14080 | 14040 | 1455200000 | 1633500000 | 1365000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13618 | 13984 | 14243 | 14102 | 14133 | 13936 | 13698 | 13592 | 13689 | 13646 | 13372 | 13228 | 137701 | 142430 | 132280 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23221 | 23238 | 23633 | 23309 | 23280 | 23204 | 23171 | 23174 | 23183 | 23177 | 23143 | 23083 | 2323466667 | 2363300000 | 2308300000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 31112 | 31661 | 32624 | 32326 | 31825 | 30872 | 31199 | 31082 | 31671 | 312 | 30268 | 2994 | 3131500 | 3262400 | 2994000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 79599 | 81441 | 85123 | 83475 | 8077 | 81928 | 75903 | 7783 | 7865 | 77228 | 767 | 71128 | 79147917 | 85123000 | 71128000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10908 | 1089 | 10829 | 10654 | 10713 | 10773 | 10429 | 10563 | 10551 | 10435 | 10388 | 10317 | 10620833 | 10908000 | 10317000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 118807 | 121638 | 12195 | 120616 | 12371 | 1198 | 11885 | 118422 | 116833 | 112881 | 11056 | 108461 | 117710667 | 123710000 | 108461000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 3132 | 31404 | 31355 | 31797 | 31105 | 30722 | 29031 | 29006 | 29423 | 29557 | 28845 | 28098 | 301386 | 317970 | 280980 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40875 | 4226 | 4295 | 4316 | 435 | 42795 | 42375 | 4163 | 4157 | 4158 | 4069 | 40105 | 419575 | 435000 | 401050 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 33357 | 33234 | 34141 | 34056 | 33572 | 34503 | 33732 | 34018 | 34297 | 34648 | 34516 | 34443 | 340431 | 346480 | 332340 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 50894 | 51024 | 50757 | 5037 | 50585 | 49795 | 49032 | 48314 | 4842 | 4838 | 48118 | 48007 | 4947467 | 5102400 | 4800700 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 30232 | 3024 | 30253 | 2976 | 29983 | 29448 | 29333 | 29376 | 28985 | 28598 | 2855 | 2807 | 2940233 | 3025300 | 2807000 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 59742 | 6216 | 65765 | 69528 | 68135 | 68476 | 69639 | 73286 | 78001 | 8311 | 7835 | 73693 | 708238 | 831100 | 597420 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 147542 | 156154 | 179346 | 181579 | 174636 | 172523 | 167385 | 165789 | 169531 | 163508 | 152422 | 146144 | 1647133 | 1815790 | 1461440 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 714525 | 7196 | 755575 | 75 | 75635 | 7553 | 747325 | 7335 | 738125 | 74105 | 740425 | 7309 | 7402229 | 7563500 | 7145250 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37516 | 37516 | 37587 | 37572 | 37551 | 37506 | 37506 | 37503 | 37508 | 37501 | 37505 | 37515 | 375238 | 375870 | 375010 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 103623 | 104602 | 102577 | 106803 | 107138 | 107132 | 107667 | 109277 | 108078 | 106324 | 105091 | 106635 | 106246 | 109277 | 102577 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 084172 | 085352 | 08928 | 087108 | 089906 | 091373 | 090586 | 089227 | 091379 | 090438 | 089736 | 09026 | 089068 | 091379 | 084172 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 106999 | 106388 | 105707 | 105833 | 10684 | 106931 | 10781 | 107618 | 108058 | 106823 | 108128 | 10838 | 107126 | 108380 | 105707 | 107615 | |||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2019 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-19 | Feb-19 | Mar-19 | Apr-19 | May-19 | Jun-19 | Jul-19 | Aug-19 | Sep-19 | Oct-19 | Nov-19 | Dec-19 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 3741050 | 3878 | 43635 | 4432 | 4454500 | 42675 | 43935 | 578655 | 5732 | 596945 | 597375 | 5985 | 4956573 | 5985000 | 3741050 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 367900 | 37287 | 39005 | 39413 | 398090 | 38194 | 37903 | 41696 | 41571 | 39899 | 42107 | 40214 | 394617 | 421070 | 367900 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 316290000 | 306967 | 317552 | 325128 | 336260000 | 319593 | 330106 | 343599 | 345776 | 338689 | 350988 | 328075 | 329342091 | 350988000 | 306967000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 335150 | 32958 | 33195 | 33099 | 336450 | 32892 | 32855 | 33937 | 33805 | 33433 | 33932 | 33148 | 333426 | 339370 | 328550 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696000 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 5030900 | 50171 | 5028 | 50701 | 5028500 | 50643 | 5072 | 50774 | 524 | 5281 | 52856 | 5295 | 5132855 | 5295000 | 5017100 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 1913710 | 191613 | 193584 | 190288 | 1955140 | 191857 | 190491 | 201595 | 196839 | 190735 | 195127 | 189251 | 1929774 | 2015950 | 1892510 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 131290 | 13154 | 13438 | 13461 | 135380 | 13097 | 13138 | 13301 | 13234 | 13158 | 13286 | 13051 | 132225 | 134610 | 130510 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 115040 | 11377 | 1123 | 11189 | 111280 | 11362 | 11155 | 11047 | 10936 | 11164 | 1101 | 11202 | 111978 | 115040 | 109360 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 099260 | 09986 | 09959 | 1019 | 100530 | 09755 | 09911 | 09873 | 09911 | 09872 | 09985 | 09679 | 099134 | 101900 | 096790 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 131260 | 13303 | 13068 | 12944 | 126070 | 12668 | 1216 | 12183 | 12296 | 12926 | 12912 | 13118 | 127913 | 133030 | 121600 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 372470 | 37912 | 38234 | 38356 | 385280 | 37408 | 38524 | 39704 | 40057 | 38128 | 39233 | 37958 | 384328 | 400570 | 372470 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 2238300 | 22522 | 22965 | 22923 | 2320450 | 22385 | 230019 | 234362 | 23629 | 228556 | 232165 | 226645 | 2290743 | 2362900 | 2238300 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 27437000 | 27792 | 28516 | 28878 | 29197000 | 28494 | 29349 | 29989 | 30652 | 29494 | 30499 | 29533 | 29148455 | 30652000 | 27437000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 423232 | 424214 | 438026 | 440992 | 442995 | 43396 | 422808 | 460616 | 45462 | 445432 | 463598 | 450477 | 441634 | 463598 | 422808 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 6538700 | 657042 | 647791 | 644333 | 6525850 | 630529 | 63485 | 66505 | 645088 | 637495 | 640362 | 619672 | 6432802 | 6650500 | 6196720 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 072670 | 07144 | 0709 | 07045 | 069180 | 0701 | 06897 | 06717 | 06755 | 06923 | 06775 | 07005 | 069662 | 072670 | 067170 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 069140 | 06847 | 06789 | 06665 | 065110 | 06699 | 06599 | 06298 | 06268 | 06424 | 06422 | 06729 | 066049 | 069140 | 062680 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 669840 | 6681 | 67244 | 67368 | 690830 | 68727 | 68809 | 71506 | 71231 | 70384 | 70321 | 69759 | 690130 | 715060 | 668100 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 784480 | 78494 | 78499 | 7845 | 784690 | 781 | 78254 | 78451 | 7841 | 78354 | 78269 | 77845 | 783249 | 784990 | 778450 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13980 | 14065 | 14230 | 14225 | 1437300000 | 14125 | 14008 | 14225 | 14170 | 14008 | 14110 | 13870 | 1409236364 | 1423000000 | 1387000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 134590 | 13486 | 13556 | 1362 | 137870 | 13536 | 13692 | 13884 | 13815 | 13604 | 13663 | 13471 | 136169 | 138840 | 134590 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23199 | 23198 | 23175 | 23280 | 2341300000 | 23299 | 23200 | 23195 | 23201 | 23199 | 23195 | 23172 | 2321027273 | 2329900000 | 2317200000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 3123900 | 31461 | 31808 | 31933 | 3177500 | 30743 | 30772 | 30637 | 30587 | 30187 | 30229 | 2987 | 3086055 | 3193300 | 2987000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 66726000 | 65056 | 68319 | 67936 | 70901000 | 67977 | 70109 | 72096 | 72652 | 73834 | 82799 | 75163 | 71151545 | 82799000 | 65056000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10880000 | 11089 | 11072 | 11149 | 10896000 | 10764 | 10854 | 10636 | 10788 | 10866 | 10947 | 10869 | 10901273 | 11149000 | 10636000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 111040000 | 111855 | 113511 | 11641 | 119060000 | 11562 | 11805 | 12081 | 119827 | 11608 | 11812 | 115568 | 116081000 | 120810000 | 111040000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 300140 | 30349 | 30745 | 30856 | 310260 | 30387 | 30953 | 31255 | 31572 | 30925 | 31359 | 30822 | 308397 | 315720 | 300140 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 408600 | 4069 | 40815 | 4134 | 419650 | 4141 | 4127 | 4221 | 4186 | 41755 | 4171 | 4092 | 413491 | 422100 | 406900 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 328410 | 32841 | 32895 | 32841 | 328950 | 33003 | 33113 | 33167 | 33321 | 33177 | 3329 | 33768 | 331143 | 337680 | 328410 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 5205600 | 51729 | 52593 | 52025 | 5225500 | 51209 | 5081 | 5216 | 51763 | 50764 | 50809 | 5068 | 5150891 | 5259300 | 5068000 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 3066600 | 30794 | 3085 | 30925 | 3161500 | 31006 | 31082 | 31321 | 3103 | 30395 | 30525 | 29981 | 3077955 | 3132100 | 2998100 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 521710 | 53184 | 55715 | 59545 | 590660 | 5776 | 55591 | 58369 | 56673 | 5707 | 57589 | 59483 | 566500 | 595450 | 521710 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 1331760 | 13933 | 145893 | 143317 | 1481780 | 141702 | 141787 | 15335 | 151298 | 149581 | 147129 | 141242 | 1443459 | 1533500 | 1331760 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7099750 | 71135 | 690775 | 6982 | 6977250 | 689725 | 68865 | 7174 | 7064 | 70745 | 716975 | 712825 | 7045205 | 7174000 | 6886500 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 375030 | 375 | 37501 | 37501 | 375000 | 375 | 37503 | 37499 | 37513 | 37501 | 37497 | 37507 | 375023 | 375130 | 374970 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 105106 | 104338 | 104434 | 105701 | 106251 | 104642 | 104516 | 106653 | 10777 | 107768 | 105497 | 104102 | 105502 | 107770 | 104102 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 087643 | 085522 | 085935 | 086442 | 088268 | 089691 | 091735 | 090676 | 088939 | 086369 | 08527 | 085394 | 087601 | 091735 | 085270 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 114189 | 113611 | 11184 | 114016 | 111870 | 110836 | 110557 | 109067 | 108387 | 110211 | 109935 | 108424 | 111007 | 114189 | 108387 | 107615 | |||||||||||||||||||||||
4
SHIPMENTS STABILIZE ACROSS ALL GEOGRAPHIES
-20
-15
-10
-5
0
5
1Q20 2Q20 3Q20 4Q20 1Q21
O-I SHIPMENT TRENDS (VS PY)
O-I AM EU
Note Volumes are on a year over year and same structure basis excluding ANZ
O-I and Americas up ~15 excluding impact of severe
weather
100111
103100
51
108
0
25
50
75
100
125
150
Pre-Pandemic Pandemic Post-Pandemic
Con
sum
ptio
n In
dex
Retail On Premise
Source Barclays
EST FOOD amp BEV CONSUMPTION TRENDS BY CHANNEL
Pandemic disruption
EXPECTED VOLUME GROWTH ge 15 1Q21 3 ndash 4 FY21
5
ADVANCING BOLD PLAN TO CHANGE BUSINESS FUNDAMENTALS
ENABLING A NEW PERIOD OF PROSPERITY
2021 PRIORITIES 1Q21 HIGHLIGHTS
❶ MARGIN EXPANSION ndash STRONG OPERATING PERFORMANCE AND COST EFFICIENCIES
$50M gross initiative benefits $35M benefits YTD accelerated activity given severe weather
Improve performance in North America Quick response to severe weather illustrates improved agility
❷ REVOLUTIONIZE GLASS ndash CREATE A NEW BUSINESS MODEL FOR GLASS PACKAGING
Validate MAGMA Gen 1 in Germany Successful start-up of Holzminden MAGMA line
Glass advocacy campaign Approximately 110 million impressions on digital marketing campaign
Reposition ESG Expanded initiatives doubled goals 2021 Sustainability report Q3
❸ OPTIMIZE STRUCTURE ndash REBALANCE BUSINESS PORTFOLIO AND IMPROVE BALANCE SHEET
Advance O-Irsquos $115B divestiture program $900M completed to-date additional $50M land sales in advanced stages
Evaluate expansion opportunities Announced $75M investment in Andean funded by additional divestitures
Increase cash flow and reduce debt Favorable YTD FCF compared to historic trends favorable working capital
Further efforts for a simple agile organization Entered a strategic partnership for managed services
Advance Paddock Enterprises LLC Chapter 11 524(g) case Agreement in principle reached for Paddockrsquos consensual plan of reorganization1
1 On April 26 2021 O-I announced that its subsidiary Paddock Enterprises LLC had reached an agreement in principle to accept the terms of a mediatorrsquos proposal regarding a consensual plan of reorganization under the Bankruptcy Code The agreement provides for total consideration of $610 million to fund a trust on the effective date of a plan of reorganization subject to definitive documentation and satisfaction of certain conditions
6
In a world where SUSTAINABILITY is more important than ever we are proud to make an inherently SUSTAINABLE product
bull Made from four basic natural inert ingredients
bull Does not impact the productrsquos taste or integrity
bull Only food contact material lsquoGenerally Recognized as Safersquo by US Food and Drug Administration
bull 100 percent recyclable ndash endlessly ndash into new food-safe glass packaging
bull Very circular ndash majority of containers recycled into new containers
bull Reusable and refillable up to 25x
bull Wonrsquot harm the earth or oceans
SURVEY OF CONSUMER VIEWS ON SUSTAINABILITY OF PACKAGING SUBSTRATES
Source McKinsey and Company ldquoSustainability in packaging Inside the minds of global consumersrdquo (2020)
GLASS THE WORLDrsquoS MOST SUSTAINABLE PACKAGE
CONSUMERS VIEW GLASS AS HIGHLY SUSTAINABLE
7
1Q21 aEPS WAS $035 VS $041 IN PY AND $032 ndash $037 GUIDANCEbull At mid-point of guidance rangebull Benefit of margin expansion initiatives substantially offset impact of severe weather in USMX
SEGMENT OPERATING PROFIT IN LINE WITH PY DESPITE WEATHERbull Est $40M impact from severe weather ‒ Energy surcharge cost inflation ($20M) lower sales vol ($8M) and lower production vol ($12M)
bull $35M benefit from margin expansion initiatives accelerated given weather issuesbull Cost inflation exceeded higher selling prices due to weather related energy surchargesbull Sales volume flat (up ~ 15 vs PY excluding impact of severe weather)bull Good operating performance ‒ Margin expansion initiatives (Factory Performance and Cost Transformation)‒ Short term measures to help mitigate weather impact‒ Lower production volume due to severe weather
NON-OPERATING ITEMSbull Slightly higher retained corporate cost Additional RampD mostly offset by cost reductionbull Adjusted effective tax rate5 ~29 1Q21 actual ~27 1Q20 actual ~30 1Q21 guidance
1Q21 RESULTSEARNINGS IN LINE WITH ORIGINAL GUIDANCE
1 Segment operating profit is defined as consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs and the Companyrsquos global equipment business See the appendix for further disclosure
2 Foreign currency effect determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
3 Divestitures include Argentina and ANZ4 Net price represents the net impact of movement in selling prices and cost inflation 5 Adjusted effective tax rate exclude certain items that management considers not representative of
ongoing operations
SEGMENT OPERATING PROFIT1 ($M) aEPS
1Q20 AS REPORTED $176 $041
FX2 10 000
Divestitures (primarily ANZ3) (12) (005)
SUBTOTAL $174 $036
Net price4 (incl cost inflation) (20) (009)
Volume and mix (incl acquisitions) 2 001
Operating costs (excl cost inflation) 19 009
Retained corporate costs mdash (001)
Net interest expense NCI mdash 000
Change in tax rate5 mdash (001)
Share count mdash 000
1Q21 RESULTS $175 $035
8
1Q21 SEGMENT REVIEWHIGHER PROFITS IN EUROPE WHILE AMERICAS IMPACTED BY SEVERE WEATHER
AMERICAS EUROPE ASIA PACIFIC1
($M)
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
1Q20 $103 $61 $12
FX 4 6 mdash
Divestitures mdash mdash (12) ANZ sale
SUBTOTAL $107 $67 $0
Net price(incl cost inflation) (17)
Est $20M energy surcharge (weather)
Constructive price environmentbull Revenue Optimization
(3)
Moderate inflation Constructive price
environmentbull Revenue Optimization
mdash
Volume and mix(incl acquisitions) (1) Sales volume down 13
(up 15 excl weather) 3 Sales volume up 20 mdash
Operating costs(excl cost inflation) 11
Margin expansion initiativesbull Factory Performancebull Cost Transformation
Short term measures to mitigate weather impact
Impact of severe weather
8
Margin expansion initiativesbull Factory Performancebull Cost Transformation mdash
1Q21 $100 $75 $0
1 Following the sale of ANZ on July 31 2020 the remaining businesses in the Asia Pacific region do not meet the criteria of an individually reportable segment Therefore the results for the companyrsquos remaining Asia businesses will be included in retained corporate and other costs following that date
9
(149)
(435)
112 205 264
(716)
(179)
316
561
(800)
(400)
0
400
800
1Q 2Q 3Q 4Q
($M
)
FCF Progression
2021 2020 2019
2021 FCF AND CAPITAL STRUCTURE
GUIDING PRINCIPLE PROGRESS
Maximize Free Cash Flow1
FY21 FCF ~ $240M (20-25 conversion)
DSODPOIDS flat or fav with PY1Q21 FCF ($149)M vs ($435)M in PY1Q21 IDS 11 days below PY
Preserve Strong Liquidity
Liquidity ge $125B across 2021 1Q21 committed liquidity ~ $21B
Reduce Net Debt2
FYE21 Net Debt lt $44B3
FYE21 BCA leverage ratio ldquohigh 3srdquo3
Divestitures for further deleveraging
1Q21 Net Debt ~ $900M below 1Q201Q21 BCA leverage ratio4 well below covenantFinal ANZ proceeds received ($58M in 1Q21)
De-Risk Legacy Liabilities
Advance Paddock Chapter 11 524(g) case Agreement in principle for a consensual plan of reorganization$610M mill total consideration to fund a section 524(g) trust on effective date of a confirmed plan of reorganization
FY21 FCF1 AND NET DEBT2
FAVORABLE TO PYHIGHER FCF AND LOWER NET DEBT
46
55 54
4846
56
60
56
50
40
45
50
55
60
65
1Q 2Q 3Q 4Q
($B)
Net Debt Progression
2021 2020 20191 Management defines free cash flow as cash provided by continuing operating activities less cash paid for property plant and
equipment (all components as determined in accordance with GAAP) See the appendix for further disclosure2 Net Debt is defined as Total Debt less Cash See appendix for further disclosure3 2021 targets exclude any potential impact of Paddock 524(g) funding in the event reorganization is completed prior to FYE214 BCA leverage ratio is defined as Net Debt divided by EBITDA after credit agreement adjustments
10
2021 BUSINESS OUTLOOK
2Q21 GUIDANCE $045 ndash $050 aEPS COMPARED TO $001 IN PY
bull Prior year results reflected significant disruption due to the onset of the pandemicbull Higher selling prices should mostly offset inflation which is beginning to normalizebull Expect improved volumes sales volume up ge 15 production up ge 20bull Continued solid operating performance but prior period temporary benefits donrsquot repeat
REITERATE FY21 GUIDANCE $155 ndash $175 aEPS AND ~ $240M FCF
bull Reiterate despite 1Q21 headwinds including severe weatherbull 20-25 FCF conversion
2021 INVESTOR DAY EXPECTED MID-SEPTEMBER
bull Updated strategybull MAGMA value analysis and initial deployment approachbull Share company targets and milestones
IMPROVING OUTLOOK AS MARKETS STABILIZE AND RECOVER
2Q2Q20 AS REPORTED $001
FX1 $000
Divestitures2 ($001)
SUBTOTAL $000
Net price3
(incl cost inflation) Volume and mix(incl acquisitions) Vol up ge 15
Operating costs(excl cost inflation) Production up ge 20
Prior period benefits donrsquot repeat
Retained corp costs RampD Incentives
Net interest exp NCI Change in tax rate4 ~ 30 tax rate
Share count 2Q21 GUIDANCE $045 ndash $050
2Q21 EARNINGS OUTLOOK (aEPS)
1 Foreign currency effect determined by using March 31 2021 foreign currency exchange rates to translate 2020 local currency results2 Divestiture of ANZ and Argentina net of lower interest expense due to debt reduction Excludes factoring impact3 Net price represents the net impact of movement in selling prices and cost inflation 4 Adjusted effective tax rate exclude certain items that management considers not representative of ongoing operations
11
CONCLUSION
1Q21 results in line with guidance despite weather issues
Fav underlying performance across all business levers
Advancing bold plan to change O-Irsquos business fundamentals
Improving business outlook and volume growth
FINANCIAL APPENDIX
13
1Q21 SEGMENT FX IMPACT ON EARNINGS
APPROXIMATE ANNUAL IMPACT ON FX RATES AT KEY POINTSEPS FROM 10 FX CHANGE Apr 27st AVG Avg Avg
2021 1Q21 2020 2Q20EUR 009 EUR 121 120 115 111 MXN 003 MXN 2004 2064 2156 2298 BRL 003 BRL 545 558 521 538 COP 001 COP 3716 3627 3715 3791
14
NON-GAAP FINANCIAL MEASURES
The company uses certain non-GAAP financial measures which are measures of its historical or future financial performance that are not calculated and presented in accordance with GAAP within the meaning of applicable SEC rules Management believes that its presentation and use of certain non-GAAP financial measures including adjusted earnings adjusted earnings per share segment operating profit net debt free cash flow adjusted EBITDA adjusted EBITDA to free cash flow conversion adjusted interest expense and adjusted effective tax rate provide relevant and useful supplemental financial information that is widely used by analysts and investors as well as by management in assessing both consolidated and business unit performance These non-GAAP measures are reconciled to the most directly comparable GAAP measures and should be considered supplemental in nature and should not be considered in isolation or be construed as being more important than comparable GAAP measures
Adjusted earnings relates to net earnings from continuing operations attributable to the company exclusive of items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Adjusted earnings are divided by weighted average shares outstanding (diluted) to derive adjusted earnings per share Segment operating profit relates to earnings from continuing operations before interest expense net and before income taxes and is also exclusive of items management considers not representative of ongoing operations as well as certain retained corporate costs Management uses adjusted earnings adjusted earnings per share and segment operating profit to evaluate its period-over-period operating performance because it believes these provide useful supplemental measures of the results of operations of its principal business activity by excluding items that are not reflective of such operations Adjusted earnings adjusted earnings per share and segment operating profit may be useful to investors in evaluating the underlying operating performance of the companyrsquos business as these measures eliminate items that are not reflective of its principal business activity
Net debt is defined as total debt less cash Management uses net debt to analyze the liquidity of the company
Further free cash flow relates to cash provided by continuing operating activities less cash payments for property plant and equipment Management has historically used free cash flow to evaluate its period-over-period cash generation performance because it believes this has provided a useful supplemental measure related to its principal business activity Adjusted EBITDA relates to net earnings from continuing operations attributable to the company less interest taxes depreciation and amortization as well as items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Free cash flow to adjusted EBITDA conversion may be useful to investors to assist in understanding the comparability of cash flows generated by the companyrsquos principal business activity It should not be inferred that the entire free cash flow amount is available for discretionary expenditures since the company has mandatory debt service requirements and other non-discretionary expenditures that are not deducted from the measure Management uses non-GAAP information principally for internal reporting forecasting budgeting and calculating compensation payments
The Company routinely posts important information on its website at o-icominvestors
15
RECONCILIATION TO EARNINGS BEFORE INCOME TAXES
Unaudited2021 2020
Net sales Americas 837$ 831$ Europe 639 576 Asia Pacific - 123 Reportable segment totals 1476 1530
Other 24 31 Net sales 1500$ 1561$
Segment operating profit (a)
Americas 100$ 103$ Europe 75 61 Asia Pacific - 12
Reportable segment totals 175 176
Items excluded from segment operating profit Retained corporate costs and other (35) (28) Charge related to Paddock support agreement liability (154) Charge for deconsolidation of Paddock (14)
Interest expense net (51) (53) Earnings (loss) before income taxes (65)$ 81$
Ratio of earnings before income taxes to net sales -43 52
Segment operating profit margin (b)
Americas 119 124 Europe 117 106 Asia Pacific - 98
Reportable segment margin totals 119 115
(a)
(b) Segment operating profit margin is segment operating profit divided by segment net sales
Three months ended March 31
The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources
Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs
16
SEGMENT RECONCILIATIONS
1Q PRICE VOLUME AND CURRENCY IMPACT ON REPORTABLE SEGMENT SALES
1Q PRICE SALES VOLUME OPERATING COSTS AND CURRENCY IMPACT ON REPORTABLE SEGMENT OPERATING PROFIT
(a) Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
Americas Europe Asia Pacific Total
Net sales for reportable segments- 1Q20 831$ 576$ 123$ 1530$ Effects of changing foreign currency rates (a) (13) 48 35 Price 26 2 28 Sales volume amp mix (3) 13 10 Divestitures (4) (123) (127)
Total reconciling items 6 63 (123) (54) Net sales for reportable segments- 1Q21 837$ 639$ -$ 1476$
Three months ended March 31
Americas Europe Asia Pacific TotalSegment operating profit - 1Q20 103$ 61$ 12$ 176$
Effects of changing foreign currency rates (a) 4 6 10 Net price (net of cost inflation) (17) (3) (20) Sales volume amp mix (1) 3 2 Operating costs 11 8 19 Divestitures (12) (12)
Total reconciling items (3) 14 (12) (1) Segment operating profit - 1Q21 100$ 75$ -$ 175$
Three months ended March 31
17
RECONCILIATION FOR NET DEBT
Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019 Dec 31 2021
Total debt 5348$ 6398$ 6507$ 5375$ 5142$ 5911$ 6331$ 5888$ 5559$ 4900$ Cash and cash equivalents 742 891 1067 606 563 326 371 273 551 500 Net Debt 4606$ 5507$ 5440$ 4769$ 4579$ 5585$ 5960$ 5615$ 5008$ 4400$
Three Months Ended
18
EBITDA AND FREE CASH FLOW RECONCILIATIONS
RECONCILIATION TO FREE CASH FLOW Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019
Dec 31 2020
Dec 31 2019 Dec 31 2021
Cash provided by (utilized in) operating activities (56)$ (315)$ 181$ 262$ 329$ (595)$ (67)$ 416$ 654$ 457$ 408$ 615$ Cash payments for property plant and equipment (93) (120) (69) (57) (65) (121) (112) (100) (93) (311) (426) (375) Free cash flow (non-GAAP) (149)$ (435)$ 112$ 205$ 264$ (716)$ (179)$ 316$ 561$ 146$ (18)$ 240$
Three Months Ended Year Ended
RECONCILIATION TO EBIDTAThe Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measures earnings (loss) from operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings (loss) from operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) from operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
19
RECONCILIATION FOR ADJUSTED EFFECTIVE TAX RATE
Unaudited Three Months Ended Three Months EndedMarch 31 2021 March 31 2020
(65)$ 81$ Items management considers not representative of ongoing operations 154 14
89$ 95$
Benefit (Provision) for income taxes (B) (26)$ (26)$ Tax items management considers not representative of ongoing operations - - Adjusted benefit (provision) for income taxes (D) (26)$ (26)$
Effective Tax Rate (B)(A) -400 321Adjusted Effective Tax Rate (D)(C) 292 274
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) before income taxes because management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss)before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted effective tax rate to earnings (loss) before income taxes divided by provision for income taxes or address the probable significance of the unavailable information which could be material to the Companys future financial results
Adjusted Earnings (loss) before income taxes (C)
Earnings before income taxes (A)
20
RECONCILIATION FOR ADJUSTED EARNINGS
The reconciliation below describes the items that management considers not representative of ongoing operationsUnaudited
March 31 2021 March 31 2020
(97)$ 50$ Items impacting other expense net
Charge related to Paddock support agreement liability 154Charge for deconsolidation of Paddock 14
Total adjusting items (non-GAAP) 154$ 14$
Adjusted earnings (non-GAAP) 57$ 64$
Diluted average shares (thousands) 157571 157684
Net earnings (loss) attributable to the Company (diluted) (062)$ 032$ Adjusted earnings per share (non-GAAP) (a) 035$ 041$
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
Net earnings (loss) attributable to the Company
Three months ended
21
RECONCILIATION FOR 2Q20 ADJUSTED EARNINGS
Unaudited
Three months ended
June 302020
(101)$ Items impacting other expense net
Restructuring asset impairment and other charges 71 Strategic transaction costs 4 Pension settlement charges 8
Items impacting interest expenseCharges for note repurchase premiums and write-off of finance fees 38
Items impacting income taxNet benefit for income tax on items above (19)
Total adjusting items (non-GAAP) 102$
Adjusted earnings (non-GAAP) 1$
Diluted average shares (thousands) 156790
Earnings (loss) per share from continuing operations (diluted) (064)$
Adjusted earnings per share (non-GAAP) (a) 001$
Earnings (loss) from continuing operations attributable to the Company
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 158327 for the three months ended June 30 2020
| OWENS-ILLINOIS INC | ||||||||||||||||||||||
| Reconciliation to Adjusted Earnings and Constant Currency | ||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||
| Unaudited | Three months ended December 31 | Nine months ended Sept 30 | Six months ended June 30 | |||||||||||||||||||
| 2016 | 2014 | 2015 | 2014 | 2015 | 2014 | |||||||||||||||||
| Earnings from continuing operations attributable to the Company | $ (70) | $ 61 | $ 131 | $ 297 | $ 113 | $ 236 | ||||||||||||||||
| Items management considers not representative of ongoing operations | ||||||||||||||||||||||
| Restructuring asset impairment and other charges | 110 | |||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (64) | 71 | 64 | 71 | 22 | - 0 | ||||||||||||||||
| Pension settlement charges | 98 | |||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 9 | |||||||||||||||||||||
| Net expense for income tax on items above | 6 | |||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (8) | (1) | (1) | |||||||||||||||||||
| Total adjusting items | 151 | 70 | 64 | 70 | 55 | - 0 | ||||||||||||||||
| Adjusted earnings | $ 81 | $ 131 | $ 195 | $ 367 | $ 168 | $ 236 | ||||||||||||||||
| Currency effect on earnings (1) | $ 2 | $ (24) | $ (68) | $ (44) | ||||||||||||||||||
| Adjusted earnings on a constant currency basis | $ 83 | $ 107 | $ 299 | $ 192 | ||||||||||||||||||
| Diluted average shares (thousands) | 162193 | 166138 | 162264 | 166187 | 162594 | 166212 | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | $ (043) | $ 037 | $ 081 | $ 179 | $ 069 | $ 142 | ||||||||||||||||
| Adjusted earnings per share | $ 050 | $ 079 | $ 160 | $ 221 | $ 103 | $ 142 | ||||||||||||||||
| Adjusted earnings per share on a constant currency basis | $ 051 | $ 064 | $ 179 | $ 115 | ||||||||||||||||||
| (1) | In the three months ended September 30 2016 there were no items in which management considered not representative of ongoing operations | |||||||||||||||||||||
| (1) | Currency effect on earnings determined by using September 30 2017 foreign currency exchange rates to translate third quarter 2016 local currency results | |||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Three months ended June 30 | Year ended December 31 | |||||||||||||||||||||||
| 2016 | 2015 | 2018 | 2017 | 2016 | 2015 | 2017 | 2017 | ||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 98 | $ 49 | $ 68 | $ 71 | $ 140 | $ 183 | |||||||||||||||||||
| Items impacting cost of good sold | |||||||||||||||||||||||||||
| Pension settlement charges | - 0 | 200 | |||||||||||||||||||||||||
| Items impacting selling and administrative expense | |||||||||||||||||||||||||||
| Pension settlement charges | 18 | ||||||||||||||||||||||||||
| Items impacting other expense net | |||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 8 Lea Stoehr Lea Stoehr-1 | 39 | 19 | 10 | 77 | ||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (7) | (7) | |||||||||||||||||||||||||
| Items impacting interest expense | |||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | - 0 | 17 | 18 | ||||||||||||||||||||||||
| Items impacting income tax | |||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||
| Net benefit for income tax on items above | - 0 | (9) | (4) | (4) | (27) | ||||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (20) | (29) | |||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | |||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | 5 | (1) | 2 | (3) | (3) | ||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ 6 | $ - 0 | $ 46 | $ 10 | $ - 0 | $ (17) | $ 254 | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 98 | $ 95 | $ 78 | $ 71 | $ 123 | $ 437 | |||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 165186 | 163840 | 161793 | 163287 | 164482 | 164647 | |||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 059 | $ 030 | $ 042 | $044 | $ 085 | $ 111 | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | $ (027) | $ 059 | $ 058 | $ 048 | $044 | $ 075 | $ 265 | |||||||||||||||||||
| v3 | ||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||
| Reportable Segment Information | ||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended September 30 | Six months ended June 30 | |||||||||||||||||||||
| 2016 | 2015 | 2017 | 2016 | 2015 | 2016 | 2015 | ||||||||||||||||||
| Net sales | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 605 | $ 1209 | $ 1204 | |||||||||||||||||
| North America | (294) | (169) | 837 | 831 | 520 | 1131 | 1000 | |||||||||||||||||
| Latin America | (18) | 164 | 639 | 576 | 265 | 657 | 412 | |||||||||||||||||
| Asia Pacific | (317) | (193) | - | 123 | 162 | 317 | 316 | |||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||
| Reportable segment totals | (1838) | (1402) | 1476 | 1530 | 1552 | 3314 | 2932 | |||||||||||||||||
| - 0 | ||||||||||||||||||||||||
| Other | (10) | (1) | 24 | 31 | 14 | 34 | 32 | |||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||
| Net sales | $ (1848) | $ (1403) | $ 1500 | $ 1561 | $ 1566 | $ 3348 | $ 2964 | |||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 68 | $ 128 | $ 113 | |||||||||||||||||
| North America | (68) | (50) | 100 | 103 | 61 | 168 | 153 | |||||||||||||||||
| Latin America | (45) | 4 | 75 | 61 | 51 | 120 | 57 | |||||||||||||||||
| Asia Pacific | (28) | (20) | - | 12 | 19 | 28 | 32 | |||||||||||||||||
| Reportable segment totals | ERRORREF | ERRORREF | 175 | 176 | 199 | 444 | 355 | |||||||||||||||||
| Items excluded from segment operating profit | ||||||||||||||||||||||||
| Retained corporate costs and other | 22 | 11 | (35) | (28) | (10) | (57) | (39) | |||||||||||||||||
| Items not considered representative of ongoing operations (b) | 12 | 33 | (64) | (12) | (33) | |||||||||||||||||||
| Interest expense net | 82 | 68 | (51) | (53) | (67) | (133) | (121) | |||||||||||||||||
| Earnings from continuing operations before income taxes | ERRORREF | ERRORREF | $ (65) | $ 81 | $ 58 | $ 242 | $ 162 | |||||||||||||||||
| Ratio of earnings from continuing operations before income taxes to net sales | ERRORREF | ERRORREF | -43 | 52 | 37 | |||||||||||||||||||
| Segment operating profit margin (c) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 112 | 106 | 94 | |||||||||||||||||
| North America | 231 | 296 | 119 | 124 | 117 | 149 | 153 | |||||||||||||||||
| Latin America | 2500 | 24 | 117 | 106 | 192 | 183 | 138 | |||||||||||||||||
| Asia Pacific | 88 | 104 | ERRORDIV0 | 98 | 117 | 88 | 101 | |||||||||||||||||
| Reportable segment margin totals | ERRORREF | ERRORREF | 119 | 115 | 128 | 134 | 121 | |||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings from continuing operations before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||
| (c) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||
| Reconciliation to Additions to property plant and equipment (capital expenditures) | ||||||||||||
| Unaudited | 2018 | |||||||||||
| 2017 | Estimate | 2018 | ||||||||||
| Payments for property plant and equipment | (441) | (500) | ||||||||||
| Change in accounts payable related to additions to property plant and equipment (a) | (44) | (b) | ||||||||||
| Additions to property plant and equipment (capital expenditures) | $ (485) | $ (500) | ||||||||||
| (a) | Relates to invoices for additions to property plant and equipment that were unpaid as of December 31 2017 | |||||||||||
| (b) | Forecasted amounts for full year 2018 are not determinable at this time | |||||||||||
| O-I GLASS INC | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow for the year ended December 31 | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow | |||||||||||||||||||
| Forecast for Quarter Ending | Forecast for Year Ending | ||||||||||||||||||
| June 30 2019 | December 31 2019 | ||||||||||||||||||
| Low End of Guidance Range | |||||||||||||||||||
| Earnings from continuing operations attributable to the Company | (b) | (b) | |||||||||||||||||
| Items management considers not representative of ongoing operations | to | ||||||||||||||||||
| Expected pension settlement charges (estimate) | |||||||||||||||||||
| Restructuring asset impairment and other charges(b) | |||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees(b) | |||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||
| Net benefit for income tax on items above(b) | |||||||||||||||||||
| Net impact of noncontrolling interests on items above(b) | |||||||||||||||||||
| Total adjusting items | (a) | (a) | |||||||||||||||||
| Adjusted earnings (non-GAAP) | (b) | to | (b) | ||||||||||||||||
| Diluted average shares (thousands) | 156600 | to | (b) | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | (b) | to | (b) | ||||||||||||||||
| Adjusted earnings per share (non-GAAP) | $ 075 | to | $ 300 | ||||||||||||||||
| (a) At this time management has not yet identified the items in 2019 that are not representative of ongoing operations | |||||||||||||||||||
| Unaudited | |||||||||||||||||||
| 2019 | |||||||||||||||||||
| Forecast | 2018 | 2017 | 2016 | 2015 | 2018 | ||||||||||||||
| Cash provided by continuing operating activities | $ 740 | $ 793 | $ 724 | $ 758 | $ 612 | ||||||||||||||
| Additions to property plant and equipment | (500) | (536) | (441) | (454) | (402) | ||||||||||||||
| Asbestos-related payments | 160 | 105 | 110 | 125 | 138 | ||||||||||||||
| Adjusted free cash flow (non-GAAP) | $ 400 | $ 362 | $ 393 | $ 429 | $ 348 | $ - 0 | |||||||||||||
| Cash utilized in investing activities | (a) | $ (698) | $ (351) | $ (417) | $ (2748) | (c) | |||||||||||||
| Cash provided by (utilized in) financing activities | (a) | $ (53) | $ (392) | $ (228) | $ 2057 | (c) | |||||||||||||
| (a) Forecasted amounts for full year 2019 are not determinable at this time |
| Unaudited | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||
| (Dollars in millions) | ||||||||||||||||
| Year Ended | Forecast for Year Ended | |||||||||||||||
| December 31 2020 | December 31 2021 | 2016 | 2015 | 2018 | ||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ 457 | $ 615 | $ 758 | $ 612 | ||||||||||||
| Cash payments for property plant and equipment | (311) | (375) | (454) | (402) | ||||||||||||
| Free cash flow (non-GAAP) | $ 146 | $ 240 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||
| Unaudited | ||||||||||||||||
| December 31 2020 | December 31 2019 | 2016 | 2015 | 2018 | ||||||||||||
| Total debt | $ 5142 | $ 5559 | $ 758 | $ 612 | ||||||||||||
| Cash and cash equivalents | 563 | 551 | (454) | (402) | ||||||||||||
| Net Debt | $ 4579 | $ 5008 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||
| reconciliation of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| Unaudited | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||
| Three months Ended | Three months Ended | Forecast for Year Ended | ||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | December 31 2021 | |||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ (56) | $ (315) | $ 758 | $ 612 | $ 615 | |||||||||||||
| Cash payments for property plant and equipment | (93) | (120) | (454) | (402) | (375) | |||||||||||||
| Free cash flow (non-GAAP) | $ (149) | $ (435) | $ 304 | $ 210 | $ - 0 | $ 240 | ||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||||
| Unaudited | ||||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | ||||||||||||||
| Total debt | $ 5348 | $ 6398 | $ 758 | $ 612 | ||||||||||||||
| Cash and cash equivalents | 742 | 891 | (454) | (402) | ||||||||||||||
| Net Debt | $ 4606 | $ 5507 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||||
| of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| v3 | |||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||
| Reconciliation for Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||
| Three months ended | Year ended | three months ended March 31 | CHECK | ||||||||||||||||||||||||
| March 31 2021 | March 31 2020 | December 31 2018 | 2015 | 2018 | 2017 | 2017 | 2016 | ||||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ 144 | $ 139 | $ 98 | $ 49 | $ (4) | ERRORREF | |||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 5 | 5 | ERRORREF | ||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||
| Items impacting equity earnings | 5 | $ - 0 | ERRORREF | ||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||
| Charge related to Paddock support agreement liability | 154 | ||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | 14 | 74 | |||||||||||||||||||||||||
| Charge for asbestos-related costs | 125 | ||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 97 | 75 | 39 | 97 | ERRORREF | ||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 11 | 42 | 17 | 11 | ERRORREF | ||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | (14) | 8 | (14) | ERRORREF | |||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (15) | (9) | - 0 | ERRORREF | |||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (1) | (1) | (1) | ERRORREF | |||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ 154 | $ 14 | $ 297 | $ 137 | $ - 0 | $ 46 | $ 283 | ERRORREF | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | $ 57 | $ 64 | $ 441 | $ 276 | $ 98 | $ 95 | $ 279 | ERRORREF | |||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Currency effect (a) | $ (3) | $ (3) | |||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (non-GAAP) | $ 54 | $ 61 | |||||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | 162088 | 162135 | 165186 | 163840 | |||||||||||||||||||||
| Net earnings (loss) attributable to the Company (diluted) | $ (062) | $ 032 | $ 089 | $ 085 | $ 059 | $ 030 | $ (002) | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) (a) | $ 035 | $ 041 | $ 272 | $ 170 | $ 059 | $ 058 | $ 172 | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ 039 | $ (039) | ERRORREF | ||||||||||||||||||||||||
| (a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021 | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending March 31 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||||||||||||||||||||||
| Changes in Net Sales and Segment Operating Profit for Reportable Segments | |||||||||||||||||||||||||||||||||||||||||||||||
| (Dollars in millions) | |||||||||||||||||||||||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||||||||||||||||||||||
| Three months ended March 31 | Q3 | Q2 | Q1 | ||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q20 | $ 831 | $ 576 | $ 123 | $ 1530 | $ 586 | $ 578 | $ 365 | $ 170 | $ 1699 | $ 646 | $ 599 | $ 345 | $ 158 | $ 1748 | $ 563 | $ 532 | $ 312 | $ 159 | $ 1566 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | (13) | 48 | 35 | 33 | 1 | 14 | 5 | 53 | (4) | (2) | (1) | 2 | (5) | (24) | 1 | 11 | 6 | (6) | |||||||||||||||||||||||||||||
| Price | 26 | 2 | 28 | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (3) | 13 | 10 | 5 | (35) | 20 | 9 | (1) | (4) | (32) | 17 | (9) | (28) | 23 | (13) | 9 | 7 | 26 | |||||||||||||||||||||||||||||
| Divestitures | (4) | (123) | (127) | ||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 6 | 63 | (123) | (54) | 5 | (28) | 33 | 13 | 23 | (7) | (25) | 26 | (5) | (11) | 15 | (5) | 18 | 8 | 36 | ||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q21 | $ 837 | $ 639 | $ - 0 | $ 1476 | $ 624 | $ 551 | $ 412 | $ 188 | $ 1775 | $ 635 | $ 572 | $ 370 | $ 155 | $ 1732 | $ 554 | $ 528 | $ 341 | $ 173 | $ 1596 | ||||||||||||||||||||||||||||
| Three months ended March 31 | |||||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Segment operating profit - 1Q20 | $ 103 | $ 61 | $ 12 | $ 176 | $ 64 | $ 79 | $ 74 | $ 20 | $ 237 | $ 73 | $ 92 | $ 57 | $ 11 | $ 233 | $ 55 | $ 76 | $ 63 | $ 17 | $ 211 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 4 | 6 | 10 | 4 | (1) | 3 | 6 | 1 | - 0 | - 0 | (1) | - 0 | (3) | 1 | (2) | ||||||||||||||||||||||||||||||||
| Net price (net of cost inflation) | (8) | (3) | (11) | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (1) | 3 | 2 | 1 | (9) | 5 | 2 | (1) | (1) | (7) | 3 | (2) | (7) | 5 | (2) | 4 | 1 | 8 | |||||||||||||||||||||||||||||
| Operating costs | 2 | 8 | 10 | 12 | (1) | (11) | (6) | (6) | 10 | - 0 | - 0 | (1) | 9 | 10 | 3 | (22) | (9) | ||||||||||||||||||||||||||||||
| Divestitures | (12) | (12) | |||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (3) | 14 | (12) | (1) | 13 | (3) | 7 | - 0 | 17 | 6 | - 0 | 12 | 1 | 19 | 7 | 9 | (9) | 2 | 9 | ||||||||||||||||||||||||||||
| Segment operating profit - 1Q21 | $ 100 | $ 75 | $ - 0 | $ 175 | $ 81 | $ 75 | $ 84 | $ 20 | $ 260 | $ 80 | $ 92 | $ 69 | $ 11 | $ 252 | $ 59 | $ 85 | $ 54 | $ 20 | $ 218 | ||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Net sales - 2016 | $ 2220 | $ 2300 | $ 684 | $ 5204 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 3 | 29 | 17 | 106 | |||||||||||||||||||||||||||||||||||||||||||
| 2016 at constant currency | 2223 | 2329 | 701 | 5310 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 Lea Stoehr Lea Stoehr+1 to round | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (84) | 52 | 1 | (31) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (63) | 90 | 13 | 40 | |||||||||||||||||||||||||||||||||||||||||||
| Net sales for reportable segments- 2017 | $ 2160 | $ 2419 | $ 714 | $ 5350 | |||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2016 | $ 299 | $ 237 | $ 77 | $ 613 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 5 | 1 | 6 | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit at constant currency - 2016 | 299 | 242 | 78 | 619 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (19) | 12 | 1 | (6) | |||||||||||||||||||||||||||||||||||||||||||
| Operating costs | 17 | (28) | (26) | (37) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 19 | 22 | (13) | 28 | |||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2017 | $ 318 | $ 264 | $ 65 | $ 647 | |||||||||||||||||||||||||||||||||||||||||||
| (a) | Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to | ||||||||||||||||||||||||||||||||||||||||||||||
| translate 2020 local currency results | |||||||||||||||||||||||||||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||||||||||||||
| Reportable Segment Information and Reconciliation to Earnings Before Income Taxes | ||||||||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||||||||
| Unaudited | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||||||
| 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||||||||
| Net sales | ||||||||||||||||||||||||||||||
| Americas | $ 837 | $ 831 | 2160 | 2220 | 1651 | 1709 | 328 | 320 | ||||||||||||||||||||||
| Europe | 639 | 576 | $ 2375 | $ 2300 | $ 1813 | $ 1795 | $ 77 | $ 71 | ||||||||||||||||||||||
| Asia Pacific | - | 123 | 714 | 684 | 516 | 487 | (198) | (74) | ||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||
| Reportable segment totals | 1476 | 1530 | 5249 | 6636 | 5103 | 5013 | 1330 | (93) | ||||||||||||||||||||||
| Other | 24 | 31 | 69 | 66 | 54 Lea Stoehr Lea Stoehrrounded by 1 | 47 | 9 | 12 | ||||||||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 5318 | $ 6702 | $ 5157 | $ 5060 | $ 1339 | $ (81) | ||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Americas | $ 100 | $ 103 | 352 | 299 | 252 | 247 | - | 51 | ||||||||||||||||||||||
| Europe | 75 | 61 | $ 295 | $ 237 | $ 220 | $ 192 | $ - | $ 16 | ||||||||||||||||||||||
| Asia Pacific | - | 12 | 51 | 77 | 51 | 48 | - | (17) | ||||||||||||||||||||||
| Reportable segment totals | 175 | 176 | 698 | 882 | 730 | 681 | 207 | (25) | ||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Items excluded from segment operating profit | - | - | ||||||||||||||||||||||||||||
| Retained corporate costs and other | (35) | (28) | (115) Anna Boris Anna Boris+1 for rounding | Lea Stoehr Lea Stoehrrounded by 1 | (98) | (81) | (75) | (1) | (5) | |||||||||||||||||||||
| Charge related to Paddock support agreement liability | (154) | |||||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | (14) | |||||||||||||||||||||||||||||
| Items not considered representative of ongoing operations (b) | (295) | (156) | (49) | (12) | 246 | 144 | ||||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | ||||||||||||||||||||||
| Earnings (loss) before income taxes | $ (65) | $ 81 | $ 20 | $ 356 | $ 396 | $ 395 | $ 311 | $ 120 | ||||||||||||||||||||||
| Ratio of earnings before income taxes to net sales | -43 | 52 | 04 | 53 | ||||||||||||||||||||||||||
| Segment operating profit margin (b) | ||||||||||||||||||||||||||||||
| Americas | 119 | 124 | 163 | 135 | ||||||||||||||||||||||||||
| Europe | 117 | 106 | 124 | 103 | ||||||||||||||||||||||||||
| Asia Pacific | - 0 | 98 | 71 | 113 | ||||||||||||||||||||||||||
| Reportable segment margin totals | 119 | 115 | 133 | 133 | ||||||||||||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||||||||
| (b) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings Q1 2017 | |||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | ||||||||||||||||||||||||||||
| 2016 | 2015 | 2017 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||
| Earnings (loss) from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 49 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | 98 | - 0 | - 0 | ERRORREF | |||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | - 0 | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Items impacting equity earnings | ERRORREF | 5 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | ERRORREF Lea Stoehr Lea Stoehr-1 | 39 | 88 | 129 | 75 | 49 | 19 | - 0 | ERRORREF | ||||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | ERRORREF | (71) | (7) | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Strategic transactions costs | ERRORREF | 23 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | ||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | ||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | ERRORREF | 17 | 34 | 9 | 42 | 17 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | ERRORREF | (9) | (21) | 1 | (15) | (12) | (4) | - 0 | ERRORREF | ||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | ERRORREF | (1) | (5) | 2 | (4) | 2 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | ERRORREF | $ 46 | $ 96 | $ 168 | $ 178 | $ 30 | $ 10 | $ 20 | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 95 | ERRORREF | $ 384 | $ 317 | $ 346 | $ 296 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 163840 | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||
| Earnings (loss) per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 030 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (111) | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | $ 058 | ERRORREF | ERRORREF | $ 196 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | ||||||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | |||||||||||||||||||||||||||||||
| 2016 | 2015 | 2021 | 2020 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | $ (120) | |||||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | (98) | - 0 | 98 | - 0 | - 0 | 98 | ||||||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | |||||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||||||||||
| Items impacting equity earnings | - 0 | 5 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | (130) Lea Stoehr Lea Stoehr-1 | 49 | 129 | 75 | 49 | 19 | - 0 | 110 | ||||||||||||||||||||||||||||
| Gain on China land sale | 71 | (71) | (7) | - 0 | (64) | |||||||||||||||||||||||||||||||
| Strategic transactions costs | - 0 | 23 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | |||||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | |||||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | (9) | 17 | 9 | 42 | 17 | - 0 | 9 | |||||||||||||||||||||||||||||
| Items impacting income tax | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Net benefit for income tax on items above | (1) | (12) | 1 | (15) | (12) | (4) | - 0 | 5 | ||||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (20) | (8) | 8 | (20) | - 0 | (8) | ||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (2) | (4) | 2 | (4) | 2 | - 0 | - 0 | |||||||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ (71) | $ - 0 | $ - 0 | $ 30 | $ 160 | $ 186 | $ 30 | $ 10 | $ - 0 | $ 150 | |||||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 376 | $ 325 | $ 346 | $ 296 | ERRORREF | $ 30 | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Currency effect on earnings (2017 only)(a) | (5) | 4 | 5 | 3 | $ - 0 | (2) | ||||||||||||||||||||||||||||||
| $ - 0 | - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (2017 only) (non-GAAP) | $ (327) | $ 54 | $ 381 | 299 | $ - 0 | 28 | ||||||||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ (062) | $ 032 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (019) | $ (075) | |||||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 200 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ (202) | ERRORREF | ERRORREF | $ 184 | $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||
| (a) | Currency effect on earnings determined by using 2018 foreign currency exchange rates to translate 2017 local currency results | |||||||||||||||||||||||||||||||||||
| (b) | For adjusted earnings per share the diluted average shares (in thousands) are 165265 and 163477 for the three months ended December 31 2017 and 2016 | |||||||||||||||||||||||||||||||||||
| v3 | ||||||||||
| O-I GLASS INC | ||||||||||
| Condensed Consolidated Cash Flow | ||||||||||
| (Dollars in millions) | ||||||||||
| Unaudited | Three months ended March 31 | |||||||||
| 2021 | 2020 | |||||||||
| Cash flows from operating activities | ||||||||||
| Net earnings (loss) | $ (91) | $ 55 | ||||||||
| Loss from discontinued operations | - | - | ||||||||
| Non-cash charges | ||||||||||
| Depreciation and amortization | 115 | 126 | ||||||||
| Pension expense | 8 | 9 | ||||||||
| Restructuring asset impairment and related charges | ||||||||||
| Charge related to Paddock support agreement liability | 154 | |||||||||
| Cash payments | ||||||||||
| Pension contributions | (18) | (13) | ||||||||
| Asbestos-related payments | ||||||||||
| Cash paid for restructuring activities | (3) | (8) | ||||||||
| Change in components of working capital (a) | (229) | (461) | ||||||||
| Other net (b) | 8 | (23) | ||||||||
| Cash utilized in operating activities | (56) | (315) | ||||||||
| Cash utilized in discontinued operating activities | - | |||||||||
| Total cash utilized in operating activities | (56) | (315) | ||||||||
| Cash flows from investing activities | ||||||||||
| Cash payments for property plant and equipment | (93) | (120) | ||||||||
| Acquisitions net of cash acquired | ||||||||||
| Contributions and advances to joint ventures | ||||||||||
| Net cash proceeds on disposal of other businesses and misc assets | 4 | |||||||||
| Net cash proceeds on sale of ANZ business | 58 | |||||||||
| Deconsolidation of Paddock | (47) | |||||||||
| Other | 2 | |||||||||
| Other net | ||||||||||
| Cash utilized in investing activities | (31) | (165) | ||||||||
| Cash flows from financing activities | ||||||||||
| Changes in borrowings net | 290 | 859 | ||||||||
| Treasury shares repurchased | ||||||||||
| Dividends Paid | (8) | |||||||||
| Treasury shares repurchased | ||||||||||
| Issuance of common stock and other | (2) | (2) | ||||||||
| Cash provided by financing activities | 288 | 849 | ||||||||
| Effect of exchange rate fluctuations on cash | (22) | (29) | ||||||||
| Change in cash | 179 | 340 | ||||||||
| Cash at beginning of period | 563 | 551 | ||||||||
| Cash at end of period | $ 742 | $ 891 | ||||||||
| (a) | The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows At March 31 2021 December 31 2020 and March 31 2020 the amount of receivables sold by the Company was $444 million $436 million and $429 million respectively For the three months ended March 31 2021 and 2020 the Companys use of its factoring programs resulted in an increase of $8 million to cash from operating activities and a $110 million decrease to cash from operating activities respectively | |||||||||
| (b) | Other net includes other non-cash charges plus other changes in non-current assets and liabilities | |||||||||
| v3 | |||||||||||
| O-I GLASS INC | |||||||||||
| Condensed Consolidated Balance Sheets | |||||||||||
| (Dollars in millions) | |||||||||||
| Unaudited | March 31 | December 31 | March 31 | ||||||||
| 2021 | 2020 | 2020 | |||||||||
| Assets | |||||||||||
| Current assets | |||||||||||
| Cash and cash equivalents | $ 742 | $ 563 | $ 891 | ||||||||
| Trade receivables net | 714 | 623 | 767 | ||||||||
| Inventories | 827 | 841 | 1047 | ||||||||
| Prepaid expenses and other current assets | 203 | 270 | 257 | ||||||||
| Total current assets | 2486 | 2297 | 2962 | ||||||||
| Property plant and equipment net | 2791 | 2907 | 2987 | ||||||||
| Goodwill | 1880 | 1951 | 1773 | ||||||||
| Intangibles net | 310 | 325 | 312 | ||||||||
| Other assets | 1358 | 1402 | 1470 | ||||||||
| Total assets | $ 8825 | $ 8882 | $ 9504 | ||||||||
| Liabilities and Share Owners Equity | |||||||||||
| Current liabilities | |||||||||||
| Accounts payable | $ 998 | $ 1126 | $ 1025 | ||||||||
| Short-term loans and long-term debt due within one year | 180 | 197 | 283 | ||||||||
| Current portion of asbestos-related liabilities | |||||||||||
| Other liabilities | 524 | 575 | 516 | ||||||||
| Other liabilities - discontinued operations | |||||||||||
| Total current liabilities | 1702 | 1898 | 1824 | ||||||||
| Long-term debt | 5168 | 4945 | 6115 | ||||||||
| Asbestos-related liabilities | |||||||||||
| Paddock support agreement liability | 625 | 471 | 471 | ||||||||
| Other long-term liabilities | 1068 | 1167 | 1018 | ||||||||
| Share owners equity | 262 | 401 | 76 | ||||||||
| Total liabilities and share owners equity | $ 8825 | $ 8882 | $ 9504 | ||||||||
| v3 | |||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||
| Condensed Consolidated Results of Operations | |||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||
| Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||
| Unaudited | 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 6869 | $ 6702 | $ 5157 | $ 5060 | $ (212) | $ (81) | |||||||||||||||||
| Cost of goods sold | (1256) | (1293) | (5736) | (5490) | (4143) | (4063) | 337 | 134 | |||||||||||||||||
| Gross profit | 244 | 268 | 1133 | 1212 | 1014 | 997 | 125 | 53 | |||||||||||||||||
| Selling and administrative expense | (102) | (116) | (502) | (503) | (362) | (375) | 38 | 12 | |||||||||||||||||
| Research development and engineering expense | (18) | (16) | (60) | (65) | (46) | (48) | (4) | 1 | |||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | |||||||||||||||||
| Equity earnings | 18 | 15 | 77 | 60 | 55 | 44 | (4) | (1) | |||||||||||||||||
| Other expense net | (156) | (17) | (105) | (76) | (61) | (24) | (112) | 35 | |||||||||||||||||
| Earnings (loss) before income taxes | (65) | 81 | 275 | 356 | 396 | 395 | 56 | 120 | |||||||||||||||||
| Provision for income taxes | (26) | (26) | (70) | (119) | (65) | (93) | (21) | - | |||||||||||||||||
| Net earnings (loss) | (91) | 55 | 205 | 237 | 331 | 302 | 35 | 120 | |||||||||||||||||
| Net earnings attributable to noncontrolling interests | (6) | (5) | (22) | (21) | (15) | (16) | 1 | - | |||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| - 0 | - 0 | ||||||||||||||||||||||||
| Amounts attributable to the Company | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (97) | $ 50 | ERRORREF | $ 216 | $ 316 | $ 286 | ERRORREF | $ 120 | |||||||||||||||||
| Loss from discontinued operations | ERRORREF | (7) | (2) | (6) | ERRORREF | 1 | |||||||||||||||||||
| Net earnings | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| $ -0 | $ -0 | ||||||||||||||||||||||||
| Amounts attributable to noncontrolling interests | $ -0 | $ -0 | |||||||||||||||||||||||
| Earnings from continuing operations | $ - | $ - | |||||||||||||||||||||||
| Earnings from discontinued operations | - | - | |||||||||||||||||||||||
| Loss on disposal of discontinued operations | - | - | |||||||||||||||||||||||
| Net earnings | $ - | $ - | $ - | $ - | $ - | $ - | |||||||||||||||||||
| Basic earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 112 Lea Stoehr Lea StoehrEPS file | $ 133 Lea Stoehr Lea StoehrEPS file | $ 194 | $ 176 | $ 020 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 111 | $ 129 | $ 193 | $ 172 | $ 020 | $ 075 | |||||||||||||||||
| Weighted average shares outstanding (thousands) | 157571 | 156081 | |||||||||||||||||||||||
| Diluted earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 111 Lea Stoehr Lea StoehrEPS file | $ 132 Lea Stoehr Lea StoehrEPS file | $ 192 | $ 175 | $ 019 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 110 | $ 128 | $ 191 | $ 171 | $ 019 | $ 075 | |||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | |||||||||||||||||||||||
| Current Year | 2021 | ||
| Prior Year | 2020 |
| APPROXIMATE ANNUAL IMPACT ON | FX RATES AT KEY POINTS | ||||||||||||||||||
| EPS FROM 10 FX CHANGE | Apr 27st | March 31st | AVG | Avg | Avg | ||||||||||||||
| 2021 | 2021 | 1Q21 | 2020 | 2Q20 | |||||||||||||||
| EUR | 009 | EUR | 121 | 117 | 120 | 115 | 111 | ||||||||||||
| MXN | 003 | MXN | 2004 | 2061 | 2064 | 2156 | 2298 | ||||||||||||
| BRL | 003 | BRL | 545 | 577 | 558 | 521 | 538 | ||||||||||||
| COP | 001 | COP | 3716 | 3727 | 3627 | 3715 | 3791 | ||||||||||||
| Shares 2020 | 158671 | |||||||||||||||||||||||||||||||||||||||
| Tax Rate 2020 | 3270 | |||||||||||||||||||||||||||||||||||||||
| EUROPE | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX EUR | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | ||||||||||||||||||||||||||||
| New FX EUR | 12097 | 12154 | 11707 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | ||||||||||||||||||||||||||||
| -2 | -1 | -5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Budget FX CHF | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | ||||||||||||||||||||||||||||
| New FX CHF | 08896 | 09060 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | ||||||||||||||||||||||||||||
| EBIT As Is | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 84801 | 100161 | 100223 | 66163 | 351347 | |||||||||||||||||||||||
| EBIT USD | 12762 | 10662 | 14643 | 12585 | 14406 | 13843 | 17014 | 16412 | 12372 | 13681 | 13730 | 10553 | 38068 | 40834 | 45798 | 37964 | 162663 | |||||||||||||||||||||||
| 70 | CHF - Salaries amp Benefits | 2815 | 3216 | 3211 | 3317 | 3145 | 2984 | 2588 | 2838 | 2672 | 2615 | 2569 | 2501 | 9243 | 9446 | 8099 | 7684 | 34472 | ||||||||||||||||||||||
| EBIT EUR Denominated | 20741 | 12054 | 23181 | 20325 | 27076 | 21373 | 29744 | 17984 | 14796 | 14519 | 13072 | 8293 | 55976 | 68773 | 62524 | 35883 | 223156 | |||||||||||||||||||||||
| Translation | (322) | (131) | (1096) | 2032 | 2708 | 2137 | 2974 | 1798 | 1480 | 1452 | 1307 | 829 | (1550) | 6877 | 6252 | 3588 | 15168 | |||||||||||||||||||||||
| CHF Translation | (24) | (85) | (210) | (302) | (286) | (271) | (235) | (258) | (243) | (238) | (234) | (227) | (320) | (859) | (736) | (699) | (2613) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (124) | (87) | (378) | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | (590) | 2399 | 2399 | 2399 | 6608 | |||||||||||||||||||||||
| Trademarks | (35) | (24) | (106) | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | (165) | 671 | 671 | 671 | 1849 | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (001) | 001 | 001 | 001 | 002 | 001 | 001 | 001 | 001 | 001 | (001) | 004 | 004 | 003 | 009 | |||||||||||||||||||||||
| CENTRAL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | ||||||||||||||||||||||||||||
| New FX | 203524 | 209672 | 206091 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | ||||||||||||||||||||||||||||
| 2 | 5 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 22833 | 31408 | 28449 | 14041 | 96730 | |||||||||||||||||||||||
| Translation | (241) | (205) | (292) | (837) | (1129) | (889) | (889) | (907) | (790) | (377) | (409) | (491) | (738) | (2855) | (2586) | (1276) | (7456) | |||||||||||||||||||||||
| Sales 3rd Party | 78 | 135 | 135 | 148 | 115 | 109 | 185 | 128 | 200 | 132 | 100 | 46 | 348 | 372 | 513 | 278 | 1512 | |||||||||||||||||||||||
| Royalties | (42) | (91) | (72) | (161) | (176) | (161) | (175) | (182) | (176) | (169) | (159) | (140) | (205) | (498) | (534) | (468) | (1704) | |||||||||||||||||||||||
| Trademarks | (13) | (27) | (22) | (48) | (53) | (48) | (52) | (55) | (53) | (50) | (47) | (42) | (61) | (149) | (160) | (139) | (509) | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (000) | (000) | (001) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| BRAZIL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | ||||||||||||||||||||||||||||
| New FX | 54392 | 55178 | 57736 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | ||||||||||||||||||||||||||||
| 5 | 6 | 11 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 15040 | 12157 | 16602 | 17784 | 61584 | |||||||||||||||||||||||
| Translation | (282) | (224) | (511) | (327) | (421) | (358) | (455) | (537) | (517) | (568) | (526) | (522) | (1017) | (1105) | (1509) | (1617) | (5249) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (36) | (44) | (79) | (63) | (64) | (68) | (73) | (77) | (76) | (76) | (78) | (80) | (159) | (195) | (225) | (234) | (814) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact BRAZIL | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| COLOMBIA | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | ||||||||||||||||||||||||||||
| New FX | 3558 | 3597 | 3727 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | ||||||||||||||||||||||||||||
| 4 | 5 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 12780 | 16520 | 20188 | 15498 | 64986 | |||||||||||||||||||||||
| Translation | (172) | (192) | (371) | (514) | (536) | (452) | (596) | (613) | (625) | (617) | (498) | (294) | (735) | (1502) | (1835) | (1409) | (5481) | |||||||||||||||||||||||
| Sales 3rd Party | 107 | 164 | 241 | 328 | 359 | 286 | 390 | 433 | 351 | 416 | 388 | 302 | 512 | 974 | 1174 | 1106 | 3765 | |||||||||||||||||||||||
| Royalties | (5) | (7) | (12) | (16) | (16) | (16) | (19) | (19) | (20) | (19) | (17) | (13) | (25) | (48) | (58) | (49) | (180) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact COLOMBIA | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | |||||||||||||||||||||||
| PERU | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | ||||||||||||||||||||||||||||
| New FX | 36427 | 36475 | 37706 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | ||||||||||||||||||||||||||||
| 1 | 1 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 7340 | 6883 | 8112 | 5766 | 28101 | |||||||||||||||||||||||
| Translation | (24) | (16) | (68) | (187) | (206) | (232) | (282) | (250) | (205) | (222) | (194) | (108) | (108) | (626) | (737) | (524) | (1995) | |||||||||||||||||||||||
| Sales 3rd Party | 20 | 18 | 96 | 239 | 276 | 242 | 309 | 268 | 295 | 268 | 338 | 152 | 134 | 757 | 872 | 758 | 2521 | |||||||||||||||||||||||
| Royalties | (3) | (3) | (12) | (29) | (31) | (32) | (34) | (35) | (35) | (32) | (31) | (23) | (18) | (92) | (103) | (86) | (300) | |||||||||||||||||||||||
| Trademarks | (1) | (1) | (4) | (8) | (9) | (10) | (10) | (11) | (11) | (10) | (10) | (7) | (6) | (27) | (32) | (27) | (92) | |||||||||||||||||||||||
| EPS Impact PERU | (000) | (000) | 000 | 000 | 000 | (000) | (000) | (000) | 000 | 000 | 000 | 000 | 000 | 000 | (000) | 000 | 000 |
| HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | ||||||||||||||||||||||||||||
| Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | ||||||||||||||||||||||||||||
| January | February | March | April | May | June | July | August | September | October | November | December | YearTotal | ||||||||||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 96730 | |||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 209058 | 79242 | 165770 | 183006 | 247073 | 194521 | 194487 | 198483 | 172776 | 82460 | 89369 | 107393 | 1923639 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 1841 | 1758 | 2059 | 1774 | 1932 | 1769 | 1927 | 2007 | 1935 | 1859 | 1750 | 1537 | 22149 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 36621 | 34964 | 40944 | 35277 | 38424 | 35182 | 38317 | 39916 | 38488 | 36971 | 34795 | 30575 | 440473 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 550 | 524 | 617 | 529 | 578 | 528 | 576 | 601 | 579 | 555 | 522 | 457 | 6617 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10939 | 10429 | 12269 | 10526 | 11494 | 10496 | 11461 | 11953 | 11514 | 11047 | 10377 | 9079 | 131585 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 12560 | 5924 | 10668 | 11162 | 14591 | 11735 | 11939 | 12245 | 10859 | 6218 | 6422 | 7051 | 121373 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 211106 | 81181 | 168102 | 184966 | 249240 | 196474 | 196647 | 200747 | 174947 | 84531 | 91297 | 109043 | 1948281 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 34780 | 33206 | 38885 | 33503 | 36492 | 33413 | 36390 | 37908 | 36553 | 35112 | 33045 | 29038 | 418324 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10389 | 9905 | 11652 | 9997 | 10916 | 9969 | 10885 | 11352 | 10935 | 10491 | 9856 | 8622 | 124969 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 61584 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 32142 | 19653 | 26282 | 18655 | 24018 | 20438 | 25996 | 30677 | 29512 | 32452 | 30059 | 29808 | 319690 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 791 | 741 | 785 | 690 | 707 | 752 | 801 | 847 | 832 | 833 | 863 | 876 | 9517 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 4108 | 3846 | 4075 | 3582 | 3668 | 3902 | 4158 | 4398 | 4319 | 4323 | 4480 | 4546 | 49405 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 64986 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 15067387 | 13263595 | 15364223 | 19325104 | 20152949 | 17004980 | 22428776 | 23071622 | 23520827 | 23203154 | 18728071 | 11055369 | 222186057 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 2736 | 3313 | 2924 | 3606 | 3953 | 3150 | 4288 | 4764 | 3858 | 4579 | 4263 | 3325 | 44759 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 9353229 | 11327116 | 9997013 | 12327312 | 13514966 | 10770900 | 14660926 | 16288460 | 13190884 | 15654758 | 14575462 | 11369644 | 153030671 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 139 | 146 | 151 | 181 | 171 | 177 | 212 | 210 | 215 | 208 | 187 | 140 | 2136 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 473829 | 499117 | 516517 | 619386 | 585125 | 604100 | 724460 | 717547 | 734407 | 711396 | 638632 | 479611 | 7304129 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 28101 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 13070 | 7377 | 6116 | 7438 | 8215 | 9254 | 11235 | 9962 | 8157 | 8847 | 7724 | 4295 | 101691 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3051 | 2340 | 2373 | 2628 | 3039 | 2664 | 3399 | 2944 | 3250 | 2946 | 3722 | 1671 | 34026 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 11040 | 8470 | 8587 | 9511 | 10998 | 9641 | 12299 | 10653 | 11760 | 10661 | 13468 | 6046 | 123135 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 458 | 360 | 308 | 314 | 342 | 352 | 373 | 382 | 380 | 353 | 344 | 253 | 4220 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 1656 | 1303 | 1113 | 1138 | 1239 | 1274 | 1351 | 1383 | 1376 | 1279 | 1243 | 916 | 15271 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 147 | 107 | 93 | 93 | 101 | 107 | 113 | 118 | 119 | 112 | 109 | 80 | 1298 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 531 | 389 | 336 | 336 | 366 | 388 | 410 | 427 | 432 | 404 | 393 | 288 | 4698 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 351347 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | EUR | 2021 | Budget | Final | 24974 | 15869 | 28168 | 24083 | 31198 | 26230 | 35946 | 25681 | 19935 | 20821 | 19721 | 13301 | 285927 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| OI Europe Sarl | Royalties to OI Toledo | Total Custom 1 | USD | 2021 | Budget | Final | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 95975 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 26853 | |||||||||||||||||||||
| (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (001910) | ||||||||||||||||||||||||||||
| Total United Kingdom | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1629 | 1383 | 2256 | 1858 | 3068 | 1263 | 4092 | 4062 | 3364 | 3273 | 3499 | 1776 | 31524 | |||||||||||||||||||||
| OI Sales and Distribution UK Ltd | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Poland | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2045 | 1051 | 2603 | 1724 | 1789 | 1622 | 2327 | 1989 | 1292 | 1275 | 1204 | 250 | 19172 | |||||||||||||||||||||
| OI Sales and Distribution Poland Sp Zoo | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Jarslow Machine Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (56) | 47 | 42 | (58) | 42 | 47 | (19) | 30 | (10) | 49 | 41 | 11 | 164 | |||||||||||||||||||||
| OI Poland Business Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (407) | 103 | 248 | (67) | 361 | 1223 | 899 | 471 | 381 | 186 | 253 | (176) | 3475 | |||||||||||||||||||||
| OI Sales and Distribution Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1053 | (363) | 1042 | 737 | 695 | 1237 | 1269 | 1413 | (1104) | 292 | 278 | 253 | 6801 | |||||||||||||||||||||
| OI Sales and Distribution Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| European Glass Group Admin | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 8499 | 8441 | 8452 | 8390 | 8451 | 8451 | 8447 | 8447 | 8450 | 8606 | 8455 | 8439 | 101527 | |||||||||||||||||||||
| Europe MR Adjustments | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Total Controllable Operating Expenses | USD | 2021 | Budget | Final | 4022 | 4595 | 4588 | 4739 | 4493 | 4263 | 3697 | 4055 | 3818 | 3735 | 3669 | 3573 | 49246 | |||||||||||||||||||||
| Europe Mgmt Reportingusd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 17926 | 8838 | 19969 | 17008 | 23930 | 18389 | 27156 | 15145 | 12124 | 11904 | 10503 | 5792 | 188684 |
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End SIMULATION | 10 | Change | ||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | SPOT | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | RATE | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | ||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | |||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | |||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | |||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | |||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | |||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | |||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | |||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | ||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | |||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | |||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | |||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | |||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | |||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | |||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | |||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | ||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | |||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | |||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | |||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | |||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | |||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | |||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | |||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | ||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | |||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | |||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | |||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | |||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | |||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | |||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | |||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | |||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | |||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | |||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | |||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | ||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | |||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | |||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 8720000 | |||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 543920 | ||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 355800000 | ||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 364270 | ||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | ||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 5799800 | ||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 2035240 | ||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 128700 | ||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 120970 | |||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 088960 | ||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 137030 | ||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 375170 | ||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 2154860 | ||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29639000 | ||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 657980 | ||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 7617880 | ||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 076430 | |||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 071520 | ||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 646100 | ||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 775270 | ||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 1403000000 | ||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 133130 | ||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 2305200000 | ||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2998400 | ||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 73815000 | |||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10452000 | ||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 111940000 | ||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 285390 | ||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 405350 | ||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 348640 | ||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 4807500 | ||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2803300 | ||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 736220 | ||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 1526290 | ||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7298750 | ||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 375070 | ||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106865 | |||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 088280 | ||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 107615 | ||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2021 | ||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | Average | High | Low | ||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 8720000 | 8720000 | 8720000 | 8720000 | ||||||||||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 543920 | 543920 | 543920 | 543920 | |||||||||||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 355800000 | 355800000 | 355800000 | 355800000 | |||||||||||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 364270 | 364270 | 364270 | 364270 | |||||||||||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 696000 | ||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 5799800 | 5799800 | 5799800 | 5799800 | |||||||||||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2035240 | 2035240 | 2035240 | 2035240 | |||||||||||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 128700 | 128700 | 128700 | 128700 | |||||||||||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 120970 | 120970 | 120970 | 120970 | ||||||||||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 088960 | 088960 | 088960 | 088960 | |||||||||||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 137030 | 137030 | 137030 | 137030 | |||||||||||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 375170 | 375170 | 375170 | 375170 | |||||||||||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2154860 | 2154860 | 2154860 | 2154860 | |||||||||||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 29639000 | 29639000 | 29639000 | 29639000 | |||||||||||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 657980 | 657980 | 657980 | 657980 | |||||||||||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 7617880 | 7617880 | 7617880 | 7617880 | |||||||||||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 076430 | 076430 | 076430 | 076430 | ||||||||||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 071520 | 071520 | 071520 | 071520 | |||||||||||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 646100 | 646100 | 646100 | 646100 | |||||||||||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 775270 | 775270 | 775270 | 775270 | |||||||||||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 1403000000 | 1403000000 | 1403000000 | 1403000000 | |||||||||||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 133130 | 133130 | 133130 | 133130 | |||||||||||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 2305200000 | 2305200000 | 2305200000 | 2305200000 | |||||||||||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 2998400 | 2998400 | 2998400 | 2998400 | |||||||||||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 73815000 | 73815000 | 73815000 | 73815000 | ||||||||||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 10452000 | 10452000 | 10452000 | 10452000 | |||||||||||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 111940000 | 111940000 | 111940000 | 111940000 | |||||||||||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 285390 | 285390 | 285390 | 285390 | |||||||||||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 405350 | 405350 | 405350 | 405350 | |||||||||||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 348640 | 348640 | 348640 | 348640 | |||||||||||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 4807500 | 4807500 | 4807500 | 4807500 | |||||||||||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 2803300 | 2803300 | 2803300 | 2803300 | |||||||||||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 736220 | 736220 | 736220 | 736220 | |||||||||||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1526290 | 1526290 | 1526290 | 1526290 | |||||||||||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 7298750 | 7298750 | 7298750 | 7298750 | |||||||||||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 375070 | 375070 | 375070 | 375070 | |||||||||||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 106865 | 106865 | 106865 | 106865 | ||||||||||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 088280 | 088280 | 088280 | 088280 | |||||||||||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 107615 | 107615 | 107615 | 107615 | |||||||||||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-20 | Feb-20 | Mar-20 | Apr-20 | May-20 | Jun-20 | Jul-20 | Aug-20 | Sep-20 | Oct-20 | Nov-20 | Dec-20 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 60246 | 621341 | 64464 | 6674 | 68439 | 703918 | 7225 | 739883 | 761102 | 782887 | 81058 | 841411 | 7152093 | 8414110 | 6024600 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 42464 | 44903 | 51924 | 53342 | 54059 | 54023 | 5153 | 5387 | 56312 | 57774 | 53354 | 51911 | 521222 | 577740 | 424640 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 34133 | 3499 | 405405 | 39217 | 369789 | 375371 | 372175 | 374842 | 388565 | 385525 | 360436 | 3419 | 371450667 | 405405000 | 341330000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 33647 | 34333 | 34365 | 33658 | 34365 | 35227 | 35117 | 35328 | 35971 | 36106 | 36017 | 36188 | 350268 | 361880 | 336470 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 52674 | 53093 | 53678 | 54456 | 57275 | 58076 | 58335 | 57922 | 58038 | 5824 | 58155 | 57982 | 5649367 | 5833500 | 5267400 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 187562 | 195268 | 239454 | 237426 | 221609 | 23033 | 220036 | 2178 | 224419 | 21368 | 200542 | 198866 | 2155827 | 2394540 | 1875620 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 13204 | 13444 | 14199 | 13865 | 13763 | 13663 | 13422 | 13082 | 13404 | 13312 | 1299 | 12745 | 134244 | 141990 | 127450 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 11024 | 10995 | 1101 | 10858 | 11098 | 11237 | 11893 | 11902 | 11734 | 11681 | 11969 | 12288 | 114741 | 122880 | 108580 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 09706 | 09676 | 09601 | 09747 | 09627 | 09516 | 09065 | 09042 | 09209 | 09145 | 09034 | 0882 | 093490 | 097470 | 088200 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13097 | 12882 | 12332 | 12465 | 12344 | 12298 | 13129 | 13339 | 12841 | 12916 | 13338 | 13614 | 128829 | 136140 | 122980 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 38927 | 3938 | 41288 | 41828 | 40114 | 39606 | 37075 | 36844 | 38614 | 39562 | 37441 | 37255 | 389945 | 418280 | 368440 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 22887 | 23066 | 247565 | 24932 | 242893 | 23819 | 220513 | 219209 | 231743 | 234209 | 218839 | 213174 | 2312654 | 2493200 | 2131740 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 30568 | 30842 | 32569 | 32597 | 31455 | 31679 | 28997 | 29692 | 31108 | 31485 | 3018 | 29693 | 30905417 | 32597000 | 28997000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 468123 | 493708 | 571683 | 579187 | 599947 | 607056 | 612846 | 641161 | 660765 | 674858 | 638594 | 637882 | 598818 | 674858 | 468123 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 631686 | 6665 | 793185 | 72783 | 70542 | 700054 | 731552 | 74037 | 789805 | 786921 | 760592 | 743399 | 7314428 | 7931850 | 6316860 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 06721 | 06524 | 0617 | 06562 | 06649 | 0688 | 07218 | 0735 | 07118 | 07045 | 0739 | 07698 | 069438 | 076980 | 061700 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 06486 | 06237 | 06015 | 06144 | 06206 | 06422 | 06704 | 06726 | 06586 | 06626 | 07032 | 07219 | 065336 | 072190 | 060150 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 69109 | 70114 | 70877 | 70547 | 71501 | 70671 | 69869 | 68515 | 68111 | 66829 | 65845 | 65301 | 689408 | 715010 | 653010 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 7769 | 77978 | 77542 | 77505 | 77532 | 77503 | 77499 | 77502 | 775 | 77519 | 77511 | 77521 | 775668 | 779780 | 774990 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13650 | 14170 | 16335 | 14925 | 14650 | 14225 | 14530 | 14544 | 14850 | 14625 | 14080 | 14040 | 1455200000 | 1633500000 | 1365000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13618 | 13984 | 14243 | 14102 | 14133 | 13936 | 13698 | 13592 | 13689 | 13646 | 13372 | 13228 | 137701 | 142430 | 132280 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23221 | 23238 | 23633 | 23309 | 23280 | 23204 | 23171 | 23174 | 23183 | 23177 | 23143 | 23083 | 2323466667 | 2363300000 | 2308300000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 31112 | 31661 | 32624 | 32326 | 31825 | 30872 | 31199 | 31082 | 31671 | 312 | 30268 | 2994 | 3131500 | 3262400 | 2994000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 79599 | 81441 | 85123 | 83475 | 8077 | 81928 | 75903 | 7783 | 7865 | 77228 | 767 | 71128 | 79147917 | 85123000 | 71128000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10908 | 1089 | 10829 | 10654 | 10713 | 10773 | 10429 | 10563 | 10551 | 10435 | 10388 | 10317 | 10620833 | 10908000 | 10317000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 118807 | 121638 | 12195 | 120616 | 12371 | 1198 | 11885 | 118422 | 116833 | 112881 | 11056 | 108461 | 117710667 | 123710000 | 108461000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 3132 | 31404 | 31355 | 31797 | 31105 | 30722 | 29031 | 29006 | 29423 | 29557 | 28845 | 28098 | 301386 | 317970 | 280980 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40875 | 4226 | 4295 | 4316 | 435 | 42795 | 42375 | 4163 | 4157 | 4158 | 4069 | 40105 | 419575 | 435000 | 401050 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 33357 | 33234 | 34141 | 34056 | 33572 | 34503 | 33732 | 34018 | 34297 | 34648 | 34516 | 34443 | 340431 | 346480 | 332340 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 50894 | 51024 | 50757 | 5037 | 50585 | 49795 | 49032 | 48314 | 4842 | 4838 | 48118 | 48007 | 4947467 | 5102400 | 4800700 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 30232 | 3024 | 30253 | 2976 | 29983 | 29448 | 29333 | 29376 | 28985 | 28598 | 2855 | 2807 | 2940233 | 3025300 | 2807000 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 59742 | 6216 | 65765 | 69528 | 68135 | 68476 | 69639 | 73286 | 78001 | 8311 | 7835 | 73693 | 708238 | 831100 | 597420 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 147542 | 156154 | 179346 | 181579 | 174636 | 172523 | 167385 | 165789 | 169531 | 163508 | 152422 | 146144 | 1647133 | 1815790 | 1461440 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 714525 | 7196 | 755575 | 75 | 75635 | 7553 | 747325 | 7335 | 738125 | 74105 | 740425 | 7309 | 7402229 | 7563500 | 7145250 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37516 | 37516 | 37587 | 37572 | 37551 | 37506 | 37506 | 37503 | 37508 | 37501 | 37505 | 37515 | 375238 | 375870 | 375010 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 103623 | 104602 | 102577 | 106803 | 107138 | 107132 | 107667 | 109277 | 108078 | 106324 | 105091 | 106635 | 106246 | 109277 | 102577 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 084172 | 085352 | 08928 | 087108 | 089906 | 091373 | 090586 | 089227 | 091379 | 090438 | 089736 | 09026 | 089068 | 091379 | 084172 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 106999 | 106388 | 105707 | 105833 | 10684 | 106931 | 10781 | 107618 | 108058 | 106823 | 108128 | 10838 | 107126 | 108380 | 105707 | 107615 | |||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2019 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-19 | Feb-19 | Mar-19 | Apr-19 | May-19 | Jun-19 | Jul-19 | Aug-19 | Sep-19 | Oct-19 | Nov-19 | Dec-19 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 3741050 | 3878 | 43635 | 4432 | 4454500 | 42675 | 43935 | 578655 | 5732 | 596945 | 597375 | 5985 | 4956573 | 5985000 | 3741050 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 367900 | 37287 | 39005 | 39413 | 398090 | 38194 | 37903 | 41696 | 41571 | 39899 | 42107 | 40214 | 394617 | 421070 | 367900 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 316290000 | 306967 | 317552 | 325128 | 336260000 | 319593 | 330106 | 343599 | 345776 | 338689 | 350988 | 328075 | 329342091 | 350988000 | 306967000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 335150 | 32958 | 33195 | 33099 | 336450 | 32892 | 32855 | 33937 | 33805 | 33433 | 33932 | 33148 | 333426 | 339370 | 328550 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696000 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 5030900 | 50171 | 5028 | 50701 | 5028500 | 50643 | 5072 | 50774 | 524 | 5281 | 52856 | 5295 | 5132855 | 5295000 | 5017100 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 1913710 | 191613 | 193584 | 190288 | 1955140 | 191857 | 190491 | 201595 | 196839 | 190735 | 195127 | 189251 | 1929774 | 2015950 | 1892510 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 131290 | 13154 | 13438 | 13461 | 135380 | 13097 | 13138 | 13301 | 13234 | 13158 | 13286 | 13051 | 132225 | 134610 | 130510 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 115040 | 11377 | 1123 | 11189 | 111280 | 11362 | 11155 | 11047 | 10936 | 11164 | 1101 | 11202 | 111978 | 115040 | 109360 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 099260 | 09986 | 09959 | 1019 | 100530 | 09755 | 09911 | 09873 | 09911 | 09872 | 09985 | 09679 | 099134 | 101900 | 096790 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 131260 | 13303 | 13068 | 12944 | 126070 | 12668 | 1216 | 12183 | 12296 | 12926 | 12912 | 13118 | 127913 | 133030 | 121600 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 372470 | 37912 | 38234 | 38356 | 385280 | 37408 | 38524 | 39704 | 40057 | 38128 | 39233 | 37958 | 384328 | 400570 | 372470 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 2238300 | 22522 | 22965 | 22923 | 2320450 | 22385 | 230019 | 234362 | 23629 | 228556 | 232165 | 226645 | 2290743 | 2362900 | 2238300 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 27437000 | 27792 | 28516 | 28878 | 29197000 | 28494 | 29349 | 29989 | 30652 | 29494 | 30499 | 29533 | 29148455 | 30652000 | 27437000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 423232 | 424214 | 438026 | 440992 | 442995 | 43396 | 422808 | 460616 | 45462 | 445432 | 463598 | 450477 | 441634 | 463598 | 422808 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 6538700 | 657042 | 647791 | 644333 | 6525850 | 630529 | 63485 | 66505 | 645088 | 637495 | 640362 | 619672 | 6432802 | 6650500 | 6196720 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 072670 | 07144 | 0709 | 07045 | 069180 | 0701 | 06897 | 06717 | 06755 | 06923 | 06775 | 07005 | 069662 | 072670 | 067170 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 069140 | 06847 | 06789 | 06665 | 065110 | 06699 | 06599 | 06298 | 06268 | 06424 | 06422 | 06729 | 066049 | 069140 | 062680 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 669840 | 6681 | 67244 | 67368 | 690830 | 68727 | 68809 | 71506 | 71231 | 70384 | 70321 | 69759 | 690130 | 715060 | 668100 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 784480 | 78494 | 78499 | 7845 | 784690 | 781 | 78254 | 78451 | 7841 | 78354 | 78269 | 77845 | 783249 | 784990 | 778450 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13980 | 14065 | 14230 | 14225 | 1437300000 | 14125 | 14008 | 14225 | 14170 | 14008 | 14110 | 13870 | 1409236364 | 1423000000 | 1387000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 134590 | 13486 | 13556 | 1362 | 137870 | 13536 | 13692 | 13884 | 13815 | 13604 | 13663 | 13471 | 136169 | 138840 | 134590 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23199 | 23198 | 23175 | 23280 | 2341300000 | 23299 | 23200 | 23195 | 23201 | 23199 | 23195 | 23172 | 2321027273 | 2329900000 | 2317200000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 3123900 | 31461 | 31808 | 31933 | 3177500 | 30743 | 30772 | 30637 | 30587 | 30187 | 30229 | 2987 | 3086055 | 3193300 | 2987000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 66726000 | 65056 | 68319 | 67936 | 70901000 | 67977 | 70109 | 72096 | 72652 | 73834 | 82799 | 75163 | 71151545 | 82799000 | 65056000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10880000 | 11089 | 11072 | 11149 | 10896000 | 10764 | 10854 | 10636 | 10788 | 10866 | 10947 | 10869 | 10901273 | 11149000 | 10636000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 111040000 | 111855 | 113511 | 11641 | 119060000 | 11562 | 11805 | 12081 | 119827 | 11608 | 11812 | 115568 | 116081000 | 120810000 | 111040000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 300140 | 30349 | 30745 | 30856 | 310260 | 30387 | 30953 | 31255 | 31572 | 30925 | 31359 | 30822 | 308397 | 315720 | 300140 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 408600 | 4069 | 40815 | 4134 | 419650 | 4141 | 4127 | 4221 | 4186 | 41755 | 4171 | 4092 | 413491 | 422100 | 406900 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 328410 | 32841 | 32895 | 32841 | 328950 | 33003 | 33113 | 33167 | 33321 | 33177 | 3329 | 33768 | 331143 | 337680 | 328410 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 5205600 | 51729 | 52593 | 52025 | 5225500 | 51209 | 5081 | 5216 | 51763 | 50764 | 50809 | 5068 | 5150891 | 5259300 | 5068000 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 3066600 | 30794 | 3085 | 30925 | 3161500 | 31006 | 31082 | 31321 | 3103 | 30395 | 30525 | 29981 | 3077955 | 3132100 | 2998100 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 521710 | 53184 | 55715 | 59545 | 590660 | 5776 | 55591 | 58369 | 56673 | 5707 | 57589 | 59483 | 566500 | 595450 | 521710 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 1331760 | 13933 | 145893 | 143317 | 1481780 | 141702 | 141787 | 15335 | 151298 | 149581 | 147129 | 141242 | 1443459 | 1533500 | 1331760 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7099750 | 71135 | 690775 | 6982 | 6977250 | 689725 | 68865 | 7174 | 7064 | 70745 | 716975 | 712825 | 7045205 | 7174000 | 6886500 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 375030 | 375 | 37501 | 37501 | 375000 | 375 | 37503 | 37499 | 37513 | 37501 | 37497 | 37507 | 375023 | 375130 | 374970 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 105106 | 104338 | 104434 | 105701 | 106251 | 104642 | 104516 | 106653 | 10777 | 107768 | 105497 | 104102 | 105502 | 107770 | 104102 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 087643 | 085522 | 085935 | 086442 | 088268 | 089691 | 091735 | 090676 | 088939 | 086369 | 08527 | 085394 | 087601 | 091735 | 085270 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 114189 | 113611 | 11184 | 114016 | 111870 | 110836 | 110557 | 109067 | 108387 | 110211 | 109935 | 108424 | 111007 | 114189 | 108387 | 107615 | |||||||||||||||||||||||
5
ADVANCING BOLD PLAN TO CHANGE BUSINESS FUNDAMENTALS
ENABLING A NEW PERIOD OF PROSPERITY
2021 PRIORITIES 1Q21 HIGHLIGHTS
❶ MARGIN EXPANSION ndash STRONG OPERATING PERFORMANCE AND COST EFFICIENCIES
$50M gross initiative benefits $35M benefits YTD accelerated activity given severe weather
Improve performance in North America Quick response to severe weather illustrates improved agility
❷ REVOLUTIONIZE GLASS ndash CREATE A NEW BUSINESS MODEL FOR GLASS PACKAGING
Validate MAGMA Gen 1 in Germany Successful start-up of Holzminden MAGMA line
Glass advocacy campaign Approximately 110 million impressions on digital marketing campaign
Reposition ESG Expanded initiatives doubled goals 2021 Sustainability report Q3
❸ OPTIMIZE STRUCTURE ndash REBALANCE BUSINESS PORTFOLIO AND IMPROVE BALANCE SHEET
Advance O-Irsquos $115B divestiture program $900M completed to-date additional $50M land sales in advanced stages
Evaluate expansion opportunities Announced $75M investment in Andean funded by additional divestitures
Increase cash flow and reduce debt Favorable YTD FCF compared to historic trends favorable working capital
Further efforts for a simple agile organization Entered a strategic partnership for managed services
Advance Paddock Enterprises LLC Chapter 11 524(g) case Agreement in principle reached for Paddockrsquos consensual plan of reorganization1
1 On April 26 2021 O-I announced that its subsidiary Paddock Enterprises LLC had reached an agreement in principle to accept the terms of a mediatorrsquos proposal regarding a consensual plan of reorganization under the Bankruptcy Code The agreement provides for total consideration of $610 million to fund a trust on the effective date of a plan of reorganization subject to definitive documentation and satisfaction of certain conditions
6
In a world where SUSTAINABILITY is more important than ever we are proud to make an inherently SUSTAINABLE product
bull Made from four basic natural inert ingredients
bull Does not impact the productrsquos taste or integrity
bull Only food contact material lsquoGenerally Recognized as Safersquo by US Food and Drug Administration
bull 100 percent recyclable ndash endlessly ndash into new food-safe glass packaging
bull Very circular ndash majority of containers recycled into new containers
bull Reusable and refillable up to 25x
bull Wonrsquot harm the earth or oceans
SURVEY OF CONSUMER VIEWS ON SUSTAINABILITY OF PACKAGING SUBSTRATES
Source McKinsey and Company ldquoSustainability in packaging Inside the minds of global consumersrdquo (2020)
GLASS THE WORLDrsquoS MOST SUSTAINABLE PACKAGE
CONSUMERS VIEW GLASS AS HIGHLY SUSTAINABLE
7
1Q21 aEPS WAS $035 VS $041 IN PY AND $032 ndash $037 GUIDANCEbull At mid-point of guidance rangebull Benefit of margin expansion initiatives substantially offset impact of severe weather in USMX
SEGMENT OPERATING PROFIT IN LINE WITH PY DESPITE WEATHERbull Est $40M impact from severe weather ‒ Energy surcharge cost inflation ($20M) lower sales vol ($8M) and lower production vol ($12M)
bull $35M benefit from margin expansion initiatives accelerated given weather issuesbull Cost inflation exceeded higher selling prices due to weather related energy surchargesbull Sales volume flat (up ~ 15 vs PY excluding impact of severe weather)bull Good operating performance ‒ Margin expansion initiatives (Factory Performance and Cost Transformation)‒ Short term measures to help mitigate weather impact‒ Lower production volume due to severe weather
NON-OPERATING ITEMSbull Slightly higher retained corporate cost Additional RampD mostly offset by cost reductionbull Adjusted effective tax rate5 ~29 1Q21 actual ~27 1Q20 actual ~30 1Q21 guidance
1Q21 RESULTSEARNINGS IN LINE WITH ORIGINAL GUIDANCE
1 Segment operating profit is defined as consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs and the Companyrsquos global equipment business See the appendix for further disclosure
2 Foreign currency effect determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
3 Divestitures include Argentina and ANZ4 Net price represents the net impact of movement in selling prices and cost inflation 5 Adjusted effective tax rate exclude certain items that management considers not representative of
ongoing operations
SEGMENT OPERATING PROFIT1 ($M) aEPS
1Q20 AS REPORTED $176 $041
FX2 10 000
Divestitures (primarily ANZ3) (12) (005)
SUBTOTAL $174 $036
Net price4 (incl cost inflation) (20) (009)
Volume and mix (incl acquisitions) 2 001
Operating costs (excl cost inflation) 19 009
Retained corporate costs mdash (001)
Net interest expense NCI mdash 000
Change in tax rate5 mdash (001)
Share count mdash 000
1Q21 RESULTS $175 $035
8
1Q21 SEGMENT REVIEWHIGHER PROFITS IN EUROPE WHILE AMERICAS IMPACTED BY SEVERE WEATHER
AMERICAS EUROPE ASIA PACIFIC1
($M)
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
1Q20 $103 $61 $12
FX 4 6 mdash
Divestitures mdash mdash (12) ANZ sale
SUBTOTAL $107 $67 $0
Net price(incl cost inflation) (17)
Est $20M energy surcharge (weather)
Constructive price environmentbull Revenue Optimization
(3)
Moderate inflation Constructive price
environmentbull Revenue Optimization
mdash
Volume and mix(incl acquisitions) (1) Sales volume down 13
(up 15 excl weather) 3 Sales volume up 20 mdash
Operating costs(excl cost inflation) 11
Margin expansion initiativesbull Factory Performancebull Cost Transformation
Short term measures to mitigate weather impact
Impact of severe weather
8
Margin expansion initiativesbull Factory Performancebull Cost Transformation mdash
1Q21 $100 $75 $0
1 Following the sale of ANZ on July 31 2020 the remaining businesses in the Asia Pacific region do not meet the criteria of an individually reportable segment Therefore the results for the companyrsquos remaining Asia businesses will be included in retained corporate and other costs following that date
9
(149)
(435)
112 205 264
(716)
(179)
316
561
(800)
(400)
0
400
800
1Q 2Q 3Q 4Q
($M
)
FCF Progression
2021 2020 2019
2021 FCF AND CAPITAL STRUCTURE
GUIDING PRINCIPLE PROGRESS
Maximize Free Cash Flow1
FY21 FCF ~ $240M (20-25 conversion)
DSODPOIDS flat or fav with PY1Q21 FCF ($149)M vs ($435)M in PY1Q21 IDS 11 days below PY
Preserve Strong Liquidity
Liquidity ge $125B across 2021 1Q21 committed liquidity ~ $21B
Reduce Net Debt2
FYE21 Net Debt lt $44B3
FYE21 BCA leverage ratio ldquohigh 3srdquo3
Divestitures for further deleveraging
1Q21 Net Debt ~ $900M below 1Q201Q21 BCA leverage ratio4 well below covenantFinal ANZ proceeds received ($58M in 1Q21)
De-Risk Legacy Liabilities
Advance Paddock Chapter 11 524(g) case Agreement in principle for a consensual plan of reorganization$610M mill total consideration to fund a section 524(g) trust on effective date of a confirmed plan of reorganization
FY21 FCF1 AND NET DEBT2
FAVORABLE TO PYHIGHER FCF AND LOWER NET DEBT
46
55 54
4846
56
60
56
50
40
45
50
55
60
65
1Q 2Q 3Q 4Q
($B)
Net Debt Progression
2021 2020 20191 Management defines free cash flow as cash provided by continuing operating activities less cash paid for property plant and
equipment (all components as determined in accordance with GAAP) See the appendix for further disclosure2 Net Debt is defined as Total Debt less Cash See appendix for further disclosure3 2021 targets exclude any potential impact of Paddock 524(g) funding in the event reorganization is completed prior to FYE214 BCA leverage ratio is defined as Net Debt divided by EBITDA after credit agreement adjustments
10
2021 BUSINESS OUTLOOK
2Q21 GUIDANCE $045 ndash $050 aEPS COMPARED TO $001 IN PY
bull Prior year results reflected significant disruption due to the onset of the pandemicbull Higher selling prices should mostly offset inflation which is beginning to normalizebull Expect improved volumes sales volume up ge 15 production up ge 20bull Continued solid operating performance but prior period temporary benefits donrsquot repeat
REITERATE FY21 GUIDANCE $155 ndash $175 aEPS AND ~ $240M FCF
bull Reiterate despite 1Q21 headwinds including severe weatherbull 20-25 FCF conversion
2021 INVESTOR DAY EXPECTED MID-SEPTEMBER
bull Updated strategybull MAGMA value analysis and initial deployment approachbull Share company targets and milestones
IMPROVING OUTLOOK AS MARKETS STABILIZE AND RECOVER
2Q2Q20 AS REPORTED $001
FX1 $000
Divestitures2 ($001)
SUBTOTAL $000
Net price3
(incl cost inflation) Volume and mix(incl acquisitions) Vol up ge 15
Operating costs(excl cost inflation) Production up ge 20
Prior period benefits donrsquot repeat
Retained corp costs RampD Incentives
Net interest exp NCI Change in tax rate4 ~ 30 tax rate
Share count 2Q21 GUIDANCE $045 ndash $050
2Q21 EARNINGS OUTLOOK (aEPS)
1 Foreign currency effect determined by using March 31 2021 foreign currency exchange rates to translate 2020 local currency results2 Divestiture of ANZ and Argentina net of lower interest expense due to debt reduction Excludes factoring impact3 Net price represents the net impact of movement in selling prices and cost inflation 4 Adjusted effective tax rate exclude certain items that management considers not representative of ongoing operations
11
CONCLUSION
1Q21 results in line with guidance despite weather issues
Fav underlying performance across all business levers
Advancing bold plan to change O-Irsquos business fundamentals
Improving business outlook and volume growth
FINANCIAL APPENDIX
13
1Q21 SEGMENT FX IMPACT ON EARNINGS
APPROXIMATE ANNUAL IMPACT ON FX RATES AT KEY POINTSEPS FROM 10 FX CHANGE Apr 27st AVG Avg Avg
2021 1Q21 2020 2Q20EUR 009 EUR 121 120 115 111 MXN 003 MXN 2004 2064 2156 2298 BRL 003 BRL 545 558 521 538 COP 001 COP 3716 3627 3715 3791
14
NON-GAAP FINANCIAL MEASURES
The company uses certain non-GAAP financial measures which are measures of its historical or future financial performance that are not calculated and presented in accordance with GAAP within the meaning of applicable SEC rules Management believes that its presentation and use of certain non-GAAP financial measures including adjusted earnings adjusted earnings per share segment operating profit net debt free cash flow adjusted EBITDA adjusted EBITDA to free cash flow conversion adjusted interest expense and adjusted effective tax rate provide relevant and useful supplemental financial information that is widely used by analysts and investors as well as by management in assessing both consolidated and business unit performance These non-GAAP measures are reconciled to the most directly comparable GAAP measures and should be considered supplemental in nature and should not be considered in isolation or be construed as being more important than comparable GAAP measures
Adjusted earnings relates to net earnings from continuing operations attributable to the company exclusive of items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Adjusted earnings are divided by weighted average shares outstanding (diluted) to derive adjusted earnings per share Segment operating profit relates to earnings from continuing operations before interest expense net and before income taxes and is also exclusive of items management considers not representative of ongoing operations as well as certain retained corporate costs Management uses adjusted earnings adjusted earnings per share and segment operating profit to evaluate its period-over-period operating performance because it believes these provide useful supplemental measures of the results of operations of its principal business activity by excluding items that are not reflective of such operations Adjusted earnings adjusted earnings per share and segment operating profit may be useful to investors in evaluating the underlying operating performance of the companyrsquos business as these measures eliminate items that are not reflective of its principal business activity
Net debt is defined as total debt less cash Management uses net debt to analyze the liquidity of the company
Further free cash flow relates to cash provided by continuing operating activities less cash payments for property plant and equipment Management has historically used free cash flow to evaluate its period-over-period cash generation performance because it believes this has provided a useful supplemental measure related to its principal business activity Adjusted EBITDA relates to net earnings from continuing operations attributable to the company less interest taxes depreciation and amortization as well as items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Free cash flow to adjusted EBITDA conversion may be useful to investors to assist in understanding the comparability of cash flows generated by the companyrsquos principal business activity It should not be inferred that the entire free cash flow amount is available for discretionary expenditures since the company has mandatory debt service requirements and other non-discretionary expenditures that are not deducted from the measure Management uses non-GAAP information principally for internal reporting forecasting budgeting and calculating compensation payments
The Company routinely posts important information on its website at o-icominvestors
15
RECONCILIATION TO EARNINGS BEFORE INCOME TAXES
Unaudited2021 2020
Net sales Americas 837$ 831$ Europe 639 576 Asia Pacific - 123 Reportable segment totals 1476 1530
Other 24 31 Net sales 1500$ 1561$
Segment operating profit (a)
Americas 100$ 103$ Europe 75 61 Asia Pacific - 12
Reportable segment totals 175 176
Items excluded from segment operating profit Retained corporate costs and other (35) (28) Charge related to Paddock support agreement liability (154) Charge for deconsolidation of Paddock (14)
Interest expense net (51) (53) Earnings (loss) before income taxes (65)$ 81$
Ratio of earnings before income taxes to net sales -43 52
Segment operating profit margin (b)
Americas 119 124 Europe 117 106 Asia Pacific - 98
Reportable segment margin totals 119 115
(a)
(b) Segment operating profit margin is segment operating profit divided by segment net sales
Three months ended March 31
The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources
Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs
16
SEGMENT RECONCILIATIONS
1Q PRICE VOLUME AND CURRENCY IMPACT ON REPORTABLE SEGMENT SALES
1Q PRICE SALES VOLUME OPERATING COSTS AND CURRENCY IMPACT ON REPORTABLE SEGMENT OPERATING PROFIT
(a) Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
Americas Europe Asia Pacific Total
Net sales for reportable segments- 1Q20 831$ 576$ 123$ 1530$ Effects of changing foreign currency rates (a) (13) 48 35 Price 26 2 28 Sales volume amp mix (3) 13 10 Divestitures (4) (123) (127)
Total reconciling items 6 63 (123) (54) Net sales for reportable segments- 1Q21 837$ 639$ -$ 1476$
Three months ended March 31
Americas Europe Asia Pacific TotalSegment operating profit - 1Q20 103$ 61$ 12$ 176$
Effects of changing foreign currency rates (a) 4 6 10 Net price (net of cost inflation) (17) (3) (20) Sales volume amp mix (1) 3 2 Operating costs 11 8 19 Divestitures (12) (12)
Total reconciling items (3) 14 (12) (1) Segment operating profit - 1Q21 100$ 75$ -$ 175$
Three months ended March 31
17
RECONCILIATION FOR NET DEBT
Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019 Dec 31 2021
Total debt 5348$ 6398$ 6507$ 5375$ 5142$ 5911$ 6331$ 5888$ 5559$ 4900$ Cash and cash equivalents 742 891 1067 606 563 326 371 273 551 500 Net Debt 4606$ 5507$ 5440$ 4769$ 4579$ 5585$ 5960$ 5615$ 5008$ 4400$
Three Months Ended
18
EBITDA AND FREE CASH FLOW RECONCILIATIONS
RECONCILIATION TO FREE CASH FLOW Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019
Dec 31 2020
Dec 31 2019 Dec 31 2021
Cash provided by (utilized in) operating activities (56)$ (315)$ 181$ 262$ 329$ (595)$ (67)$ 416$ 654$ 457$ 408$ 615$ Cash payments for property plant and equipment (93) (120) (69) (57) (65) (121) (112) (100) (93) (311) (426) (375) Free cash flow (non-GAAP) (149)$ (435)$ 112$ 205$ 264$ (716)$ (179)$ 316$ 561$ 146$ (18)$ 240$
Three Months Ended Year Ended
RECONCILIATION TO EBIDTAThe Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measures earnings (loss) from operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings (loss) from operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) from operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
19
RECONCILIATION FOR ADJUSTED EFFECTIVE TAX RATE
Unaudited Three Months Ended Three Months EndedMarch 31 2021 March 31 2020
(65)$ 81$ Items management considers not representative of ongoing operations 154 14
89$ 95$
Benefit (Provision) for income taxes (B) (26)$ (26)$ Tax items management considers not representative of ongoing operations - - Adjusted benefit (provision) for income taxes (D) (26)$ (26)$
Effective Tax Rate (B)(A) -400 321Adjusted Effective Tax Rate (D)(C) 292 274
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) before income taxes because management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss)before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted effective tax rate to earnings (loss) before income taxes divided by provision for income taxes or address the probable significance of the unavailable information which could be material to the Companys future financial results
Adjusted Earnings (loss) before income taxes (C)
Earnings before income taxes (A)
20
RECONCILIATION FOR ADJUSTED EARNINGS
The reconciliation below describes the items that management considers not representative of ongoing operationsUnaudited
March 31 2021 March 31 2020
(97)$ 50$ Items impacting other expense net
Charge related to Paddock support agreement liability 154Charge for deconsolidation of Paddock 14
Total adjusting items (non-GAAP) 154$ 14$
Adjusted earnings (non-GAAP) 57$ 64$
Diluted average shares (thousands) 157571 157684
Net earnings (loss) attributable to the Company (diluted) (062)$ 032$ Adjusted earnings per share (non-GAAP) (a) 035$ 041$
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
Net earnings (loss) attributable to the Company
Three months ended
21
RECONCILIATION FOR 2Q20 ADJUSTED EARNINGS
Unaudited
Three months ended
June 302020
(101)$ Items impacting other expense net
Restructuring asset impairment and other charges 71 Strategic transaction costs 4 Pension settlement charges 8
Items impacting interest expenseCharges for note repurchase premiums and write-off of finance fees 38
Items impacting income taxNet benefit for income tax on items above (19)
Total adjusting items (non-GAAP) 102$
Adjusted earnings (non-GAAP) 1$
Diluted average shares (thousands) 156790
Earnings (loss) per share from continuing operations (diluted) (064)$
Adjusted earnings per share (non-GAAP) (a) 001$
Earnings (loss) from continuing operations attributable to the Company
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 158327 for the three months ended June 30 2020
| OWENS-ILLINOIS INC | ||||||||||||||||||||||
| Reconciliation to Adjusted Earnings and Constant Currency | ||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||
| Unaudited | Three months ended December 31 | Nine months ended Sept 30 | Six months ended June 30 | |||||||||||||||||||
| 2016 | 2014 | 2015 | 2014 | 2015 | 2014 | |||||||||||||||||
| Earnings from continuing operations attributable to the Company | $ (70) | $ 61 | $ 131 | $ 297 | $ 113 | $ 236 | ||||||||||||||||
| Items management considers not representative of ongoing operations | ||||||||||||||||||||||
| Restructuring asset impairment and other charges | 110 | |||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (64) | 71 | 64 | 71 | 22 | - 0 | ||||||||||||||||
| Pension settlement charges | 98 | |||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 9 | |||||||||||||||||||||
| Net expense for income tax on items above | 6 | |||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (8) | (1) | (1) | |||||||||||||||||||
| Total adjusting items | 151 | 70 | 64 | 70 | 55 | - 0 | ||||||||||||||||
| Adjusted earnings | $ 81 | $ 131 | $ 195 | $ 367 | $ 168 | $ 236 | ||||||||||||||||
| Currency effect on earnings (1) | $ 2 | $ (24) | $ (68) | $ (44) | ||||||||||||||||||
| Adjusted earnings on a constant currency basis | $ 83 | $ 107 | $ 299 | $ 192 | ||||||||||||||||||
| Diluted average shares (thousands) | 162193 | 166138 | 162264 | 166187 | 162594 | 166212 | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | $ (043) | $ 037 | $ 081 | $ 179 | $ 069 | $ 142 | ||||||||||||||||
| Adjusted earnings per share | $ 050 | $ 079 | $ 160 | $ 221 | $ 103 | $ 142 | ||||||||||||||||
| Adjusted earnings per share on a constant currency basis | $ 051 | $ 064 | $ 179 | $ 115 | ||||||||||||||||||
| (1) | In the three months ended September 30 2016 there were no items in which management considered not representative of ongoing operations | |||||||||||||||||||||
| (1) | Currency effect on earnings determined by using September 30 2017 foreign currency exchange rates to translate third quarter 2016 local currency results | |||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Three months ended June 30 | Year ended December 31 | |||||||||||||||||||||||
| 2016 | 2015 | 2018 | 2017 | 2016 | 2015 | 2017 | 2017 | ||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 98 | $ 49 | $ 68 | $ 71 | $ 140 | $ 183 | |||||||||||||||||||
| Items impacting cost of good sold | |||||||||||||||||||||||||||
| Pension settlement charges | - 0 | 200 | |||||||||||||||||||||||||
| Items impacting selling and administrative expense | |||||||||||||||||||||||||||
| Pension settlement charges | 18 | ||||||||||||||||||||||||||
| Items impacting other expense net | |||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 8 Lea Stoehr Lea Stoehr-1 | 39 | 19 | 10 | 77 | ||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (7) | (7) | |||||||||||||||||||||||||
| Items impacting interest expense | |||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | - 0 | 17 | 18 | ||||||||||||||||||||||||
| Items impacting income tax | |||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||
| Net benefit for income tax on items above | - 0 | (9) | (4) | (4) | (27) | ||||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (20) | (29) | |||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | |||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | 5 | (1) | 2 | (3) | (3) | ||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ 6 | $ - 0 | $ 46 | $ 10 | $ - 0 | $ (17) | $ 254 | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 98 | $ 95 | $ 78 | $ 71 | $ 123 | $ 437 | |||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 165186 | 163840 | 161793 | 163287 | 164482 | 164647 | |||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 059 | $ 030 | $ 042 | $044 | $ 085 | $ 111 | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | $ (027) | $ 059 | $ 058 | $ 048 | $044 | $ 075 | $ 265 | |||||||||||||||||||
| v3 | ||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||
| Reportable Segment Information | ||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended September 30 | Six months ended June 30 | |||||||||||||||||||||
| 2016 | 2015 | 2017 | 2016 | 2015 | 2016 | 2015 | ||||||||||||||||||
| Net sales | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 605 | $ 1209 | $ 1204 | |||||||||||||||||
| North America | (294) | (169) | 837 | 831 | 520 | 1131 | 1000 | |||||||||||||||||
| Latin America | (18) | 164 | 639 | 576 | 265 | 657 | 412 | |||||||||||||||||
| Asia Pacific | (317) | (193) | - | 123 | 162 | 317 | 316 | |||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||
| Reportable segment totals | (1838) | (1402) | 1476 | 1530 | 1552 | 3314 | 2932 | |||||||||||||||||
| - 0 | ||||||||||||||||||||||||
| Other | (10) | (1) | 24 | 31 | 14 | 34 | 32 | |||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||
| Net sales | $ (1848) | $ (1403) | $ 1500 | $ 1561 | $ 1566 | $ 3348 | $ 2964 | |||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 68 | $ 128 | $ 113 | |||||||||||||||||
| North America | (68) | (50) | 100 | 103 | 61 | 168 | 153 | |||||||||||||||||
| Latin America | (45) | 4 | 75 | 61 | 51 | 120 | 57 | |||||||||||||||||
| Asia Pacific | (28) | (20) | - | 12 | 19 | 28 | 32 | |||||||||||||||||
| Reportable segment totals | ERRORREF | ERRORREF | 175 | 176 | 199 | 444 | 355 | |||||||||||||||||
| Items excluded from segment operating profit | ||||||||||||||||||||||||
| Retained corporate costs and other | 22 | 11 | (35) | (28) | (10) | (57) | (39) | |||||||||||||||||
| Items not considered representative of ongoing operations (b) | 12 | 33 | (64) | (12) | (33) | |||||||||||||||||||
| Interest expense net | 82 | 68 | (51) | (53) | (67) | (133) | (121) | |||||||||||||||||
| Earnings from continuing operations before income taxes | ERRORREF | ERRORREF | $ (65) | $ 81 | $ 58 | $ 242 | $ 162 | |||||||||||||||||
| Ratio of earnings from continuing operations before income taxes to net sales | ERRORREF | ERRORREF | -43 | 52 | 37 | |||||||||||||||||||
| Segment operating profit margin (c) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 112 | 106 | 94 | |||||||||||||||||
| North America | 231 | 296 | 119 | 124 | 117 | 149 | 153 | |||||||||||||||||
| Latin America | 2500 | 24 | 117 | 106 | 192 | 183 | 138 | |||||||||||||||||
| Asia Pacific | 88 | 104 | ERRORDIV0 | 98 | 117 | 88 | 101 | |||||||||||||||||
| Reportable segment margin totals | ERRORREF | ERRORREF | 119 | 115 | 128 | 134 | 121 | |||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings from continuing operations before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||
| (c) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||
| Reconciliation to Additions to property plant and equipment (capital expenditures) | ||||||||||||
| Unaudited | 2018 | |||||||||||
| 2017 | Estimate | 2018 | ||||||||||
| Payments for property plant and equipment | (441) | (500) | ||||||||||
| Change in accounts payable related to additions to property plant and equipment (a) | (44) | (b) | ||||||||||
| Additions to property plant and equipment (capital expenditures) | $ (485) | $ (500) | ||||||||||
| (a) | Relates to invoices for additions to property plant and equipment that were unpaid as of December 31 2017 | |||||||||||
| (b) | Forecasted amounts for full year 2018 are not determinable at this time | |||||||||||
| O-I GLASS INC | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow for the year ended December 31 | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow | |||||||||||||||||||
| Forecast for Quarter Ending | Forecast for Year Ending | ||||||||||||||||||
| June 30 2019 | December 31 2019 | ||||||||||||||||||
| Low End of Guidance Range | |||||||||||||||||||
| Earnings from continuing operations attributable to the Company | (b) | (b) | |||||||||||||||||
| Items management considers not representative of ongoing operations | to | ||||||||||||||||||
| Expected pension settlement charges (estimate) | |||||||||||||||||||
| Restructuring asset impairment and other charges(b) | |||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees(b) | |||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||
| Net benefit for income tax on items above(b) | |||||||||||||||||||
| Net impact of noncontrolling interests on items above(b) | |||||||||||||||||||
| Total adjusting items | (a) | (a) | |||||||||||||||||
| Adjusted earnings (non-GAAP) | (b) | to | (b) | ||||||||||||||||
| Diluted average shares (thousands) | 156600 | to | (b) | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | (b) | to | (b) | ||||||||||||||||
| Adjusted earnings per share (non-GAAP) | $ 075 | to | $ 300 | ||||||||||||||||
| (a) At this time management has not yet identified the items in 2019 that are not representative of ongoing operations | |||||||||||||||||||
| Unaudited | |||||||||||||||||||
| 2019 | |||||||||||||||||||
| Forecast | 2018 | 2017 | 2016 | 2015 | 2018 | ||||||||||||||
| Cash provided by continuing operating activities | $ 740 | $ 793 | $ 724 | $ 758 | $ 612 | ||||||||||||||
| Additions to property plant and equipment | (500) | (536) | (441) | (454) | (402) | ||||||||||||||
| Asbestos-related payments | 160 | 105 | 110 | 125 | 138 | ||||||||||||||
| Adjusted free cash flow (non-GAAP) | $ 400 | $ 362 | $ 393 | $ 429 | $ 348 | $ - 0 | |||||||||||||
| Cash utilized in investing activities | (a) | $ (698) | $ (351) | $ (417) | $ (2748) | (c) | |||||||||||||
| Cash provided by (utilized in) financing activities | (a) | $ (53) | $ (392) | $ (228) | $ 2057 | (c) | |||||||||||||
| (a) Forecasted amounts for full year 2019 are not determinable at this time |
| Unaudited | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||
| (Dollars in millions) | ||||||||||||||||
| Year Ended | Forecast for Year Ended | |||||||||||||||
| December 31 2020 | December 31 2021 | 2016 | 2015 | 2018 | ||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ 457 | $ 615 | $ 758 | $ 612 | ||||||||||||
| Cash payments for property plant and equipment | (311) | (375) | (454) | (402) | ||||||||||||
| Free cash flow (non-GAAP) | $ 146 | $ 240 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||
| Unaudited | ||||||||||||||||
| December 31 2020 | December 31 2019 | 2016 | 2015 | 2018 | ||||||||||||
| Total debt | $ 5142 | $ 5559 | $ 758 | $ 612 | ||||||||||||
| Cash and cash equivalents | 563 | 551 | (454) | (402) | ||||||||||||
| Net Debt | $ 4579 | $ 5008 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||
| reconciliation of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| Unaudited | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||
| Three months Ended | Three months Ended | Forecast for Year Ended | ||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | December 31 2021 | |||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ (56) | $ (315) | $ 758 | $ 612 | $ 615 | |||||||||||||
| Cash payments for property plant and equipment | (93) | (120) | (454) | (402) | (375) | |||||||||||||
| Free cash flow (non-GAAP) | $ (149) | $ (435) | $ 304 | $ 210 | $ - 0 | $ 240 | ||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||||
| Unaudited | ||||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | ||||||||||||||
| Total debt | $ 5348 | $ 6398 | $ 758 | $ 612 | ||||||||||||||
| Cash and cash equivalents | 742 | 891 | (454) | (402) | ||||||||||||||
| Net Debt | $ 4606 | $ 5507 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||||
| of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| v3 | |||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||
| Reconciliation for Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||
| Three months ended | Year ended | three months ended March 31 | CHECK | ||||||||||||||||||||||||
| March 31 2021 | March 31 2020 | December 31 2018 | 2015 | 2018 | 2017 | 2017 | 2016 | ||||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ 144 | $ 139 | $ 98 | $ 49 | $ (4) | ERRORREF | |||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 5 | 5 | ERRORREF | ||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||
| Items impacting equity earnings | 5 | $ - 0 | ERRORREF | ||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||
| Charge related to Paddock support agreement liability | 154 | ||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | 14 | 74 | |||||||||||||||||||||||||
| Charge for asbestos-related costs | 125 | ||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 97 | 75 | 39 | 97 | ERRORREF | ||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 11 | 42 | 17 | 11 | ERRORREF | ||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | (14) | 8 | (14) | ERRORREF | |||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (15) | (9) | - 0 | ERRORREF | |||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (1) | (1) | (1) | ERRORREF | |||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ 154 | $ 14 | $ 297 | $ 137 | $ - 0 | $ 46 | $ 283 | ERRORREF | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | $ 57 | $ 64 | $ 441 | $ 276 | $ 98 | $ 95 | $ 279 | ERRORREF | |||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Currency effect (a) | $ (3) | $ (3) | |||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (non-GAAP) | $ 54 | $ 61 | |||||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | 162088 | 162135 | 165186 | 163840 | |||||||||||||||||||||
| Net earnings (loss) attributable to the Company (diluted) | $ (062) | $ 032 | $ 089 | $ 085 | $ 059 | $ 030 | $ (002) | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) (a) | $ 035 | $ 041 | $ 272 | $ 170 | $ 059 | $ 058 | $ 172 | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ 039 | $ (039) | ERRORREF | ||||||||||||||||||||||||
| (a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021 | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending March 31 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||||||||||||||||||||||
| Changes in Net Sales and Segment Operating Profit for Reportable Segments | |||||||||||||||||||||||||||||||||||||||||||||||
| (Dollars in millions) | |||||||||||||||||||||||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||||||||||||||||||||||
| Three months ended March 31 | Q3 | Q2 | Q1 | ||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q20 | $ 831 | $ 576 | $ 123 | $ 1530 | $ 586 | $ 578 | $ 365 | $ 170 | $ 1699 | $ 646 | $ 599 | $ 345 | $ 158 | $ 1748 | $ 563 | $ 532 | $ 312 | $ 159 | $ 1566 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | (13) | 48 | 35 | 33 | 1 | 14 | 5 | 53 | (4) | (2) | (1) | 2 | (5) | (24) | 1 | 11 | 6 | (6) | |||||||||||||||||||||||||||||
| Price | 26 | 2 | 28 | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (3) | 13 | 10 | 5 | (35) | 20 | 9 | (1) | (4) | (32) | 17 | (9) | (28) | 23 | (13) | 9 | 7 | 26 | |||||||||||||||||||||||||||||
| Divestitures | (4) | (123) | (127) | ||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 6 | 63 | (123) | (54) | 5 | (28) | 33 | 13 | 23 | (7) | (25) | 26 | (5) | (11) | 15 | (5) | 18 | 8 | 36 | ||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q21 | $ 837 | $ 639 | $ - 0 | $ 1476 | $ 624 | $ 551 | $ 412 | $ 188 | $ 1775 | $ 635 | $ 572 | $ 370 | $ 155 | $ 1732 | $ 554 | $ 528 | $ 341 | $ 173 | $ 1596 | ||||||||||||||||||||||||||||
| Three months ended March 31 | |||||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Segment operating profit - 1Q20 | $ 103 | $ 61 | $ 12 | $ 176 | $ 64 | $ 79 | $ 74 | $ 20 | $ 237 | $ 73 | $ 92 | $ 57 | $ 11 | $ 233 | $ 55 | $ 76 | $ 63 | $ 17 | $ 211 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 4 | 6 | 10 | 4 | (1) | 3 | 6 | 1 | - 0 | - 0 | (1) | - 0 | (3) | 1 | (2) | ||||||||||||||||||||||||||||||||
| Net price (net of cost inflation) | (8) | (3) | (11) | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (1) | 3 | 2 | 1 | (9) | 5 | 2 | (1) | (1) | (7) | 3 | (2) | (7) | 5 | (2) | 4 | 1 | 8 | |||||||||||||||||||||||||||||
| Operating costs | 2 | 8 | 10 | 12 | (1) | (11) | (6) | (6) | 10 | - 0 | - 0 | (1) | 9 | 10 | 3 | (22) | (9) | ||||||||||||||||||||||||||||||
| Divestitures | (12) | (12) | |||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (3) | 14 | (12) | (1) | 13 | (3) | 7 | - 0 | 17 | 6 | - 0 | 12 | 1 | 19 | 7 | 9 | (9) | 2 | 9 | ||||||||||||||||||||||||||||
| Segment operating profit - 1Q21 | $ 100 | $ 75 | $ - 0 | $ 175 | $ 81 | $ 75 | $ 84 | $ 20 | $ 260 | $ 80 | $ 92 | $ 69 | $ 11 | $ 252 | $ 59 | $ 85 | $ 54 | $ 20 | $ 218 | ||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Net sales - 2016 | $ 2220 | $ 2300 | $ 684 | $ 5204 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 3 | 29 | 17 | 106 | |||||||||||||||||||||||||||||||||||||||||||
| 2016 at constant currency | 2223 | 2329 | 701 | 5310 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 Lea Stoehr Lea Stoehr+1 to round | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (84) | 52 | 1 | (31) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (63) | 90 | 13 | 40 | |||||||||||||||||||||||||||||||||||||||||||
| Net sales for reportable segments- 2017 | $ 2160 | $ 2419 | $ 714 | $ 5350 | |||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2016 | $ 299 | $ 237 | $ 77 | $ 613 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 5 | 1 | 6 | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit at constant currency - 2016 | 299 | 242 | 78 | 619 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (19) | 12 | 1 | (6) | |||||||||||||||||||||||||||||||||||||||||||
| Operating costs | 17 | (28) | (26) | (37) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 19 | 22 | (13) | 28 | |||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2017 | $ 318 | $ 264 | $ 65 | $ 647 | |||||||||||||||||||||||||||||||||||||||||||
| (a) | Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to | ||||||||||||||||||||||||||||||||||||||||||||||
| translate 2020 local currency results | |||||||||||||||||||||||||||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||||||||||||||
| Reportable Segment Information and Reconciliation to Earnings Before Income Taxes | ||||||||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||||||||
| Unaudited | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||||||
| 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||||||||
| Net sales | ||||||||||||||||||||||||||||||
| Americas | $ 837 | $ 831 | 2160 | 2220 | 1651 | 1709 | 328 | 320 | ||||||||||||||||||||||
| Europe | 639 | 576 | $ 2375 | $ 2300 | $ 1813 | $ 1795 | $ 77 | $ 71 | ||||||||||||||||||||||
| Asia Pacific | - | 123 | 714 | 684 | 516 | 487 | (198) | (74) | ||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||
| Reportable segment totals | 1476 | 1530 | 5249 | 6636 | 5103 | 5013 | 1330 | (93) | ||||||||||||||||||||||
| Other | 24 | 31 | 69 | 66 | 54 Lea Stoehr Lea Stoehrrounded by 1 | 47 | 9 | 12 | ||||||||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 5318 | $ 6702 | $ 5157 | $ 5060 | $ 1339 | $ (81) | ||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Americas | $ 100 | $ 103 | 352 | 299 | 252 | 247 | - | 51 | ||||||||||||||||||||||
| Europe | 75 | 61 | $ 295 | $ 237 | $ 220 | $ 192 | $ - | $ 16 | ||||||||||||||||||||||
| Asia Pacific | - | 12 | 51 | 77 | 51 | 48 | - | (17) | ||||||||||||||||||||||
| Reportable segment totals | 175 | 176 | 698 | 882 | 730 | 681 | 207 | (25) | ||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Items excluded from segment operating profit | - | - | ||||||||||||||||||||||||||||
| Retained corporate costs and other | (35) | (28) | (115) Anna Boris Anna Boris+1 for rounding | Lea Stoehr Lea Stoehrrounded by 1 | (98) | (81) | (75) | (1) | (5) | |||||||||||||||||||||
| Charge related to Paddock support agreement liability | (154) | |||||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | (14) | |||||||||||||||||||||||||||||
| Items not considered representative of ongoing operations (b) | (295) | (156) | (49) | (12) | 246 | 144 | ||||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | ||||||||||||||||||||||
| Earnings (loss) before income taxes | $ (65) | $ 81 | $ 20 | $ 356 | $ 396 | $ 395 | $ 311 | $ 120 | ||||||||||||||||||||||
| Ratio of earnings before income taxes to net sales | -43 | 52 | 04 | 53 | ||||||||||||||||||||||||||
| Segment operating profit margin (b) | ||||||||||||||||||||||||||||||
| Americas | 119 | 124 | 163 | 135 | ||||||||||||||||||||||||||
| Europe | 117 | 106 | 124 | 103 | ||||||||||||||||||||||||||
| Asia Pacific | - 0 | 98 | 71 | 113 | ||||||||||||||||||||||||||
| Reportable segment margin totals | 119 | 115 | 133 | 133 | ||||||||||||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||||||||
| (b) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings Q1 2017 | |||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | ||||||||||||||||||||||||||||
| 2016 | 2015 | 2017 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||
| Earnings (loss) from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 49 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | 98 | - 0 | - 0 | ERRORREF | |||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | - 0 | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Items impacting equity earnings | ERRORREF | 5 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | ERRORREF Lea Stoehr Lea Stoehr-1 | 39 | 88 | 129 | 75 | 49 | 19 | - 0 | ERRORREF | ||||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | ERRORREF | (71) | (7) | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Strategic transactions costs | ERRORREF | 23 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | ||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | ||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | ERRORREF | 17 | 34 | 9 | 42 | 17 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | ERRORREF | (9) | (21) | 1 | (15) | (12) | (4) | - 0 | ERRORREF | ||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | ERRORREF | (1) | (5) | 2 | (4) | 2 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | ERRORREF | $ 46 | $ 96 | $ 168 | $ 178 | $ 30 | $ 10 | $ 20 | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 95 | ERRORREF | $ 384 | $ 317 | $ 346 | $ 296 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 163840 | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||
| Earnings (loss) per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 030 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (111) | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | $ 058 | ERRORREF | ERRORREF | $ 196 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | ||||||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | |||||||||||||||||||||||||||||||
| 2016 | 2015 | 2021 | 2020 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | $ (120) | |||||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | (98) | - 0 | 98 | - 0 | - 0 | 98 | ||||||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | |||||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||||||||||
| Items impacting equity earnings | - 0 | 5 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | (130) Lea Stoehr Lea Stoehr-1 | 49 | 129 | 75 | 49 | 19 | - 0 | 110 | ||||||||||||||||||||||||||||
| Gain on China land sale | 71 | (71) | (7) | - 0 | (64) | |||||||||||||||||||||||||||||||
| Strategic transactions costs | - 0 | 23 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | |||||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | |||||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | (9) | 17 | 9 | 42 | 17 | - 0 | 9 | |||||||||||||||||||||||||||||
| Items impacting income tax | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Net benefit for income tax on items above | (1) | (12) | 1 | (15) | (12) | (4) | - 0 | 5 | ||||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (20) | (8) | 8 | (20) | - 0 | (8) | ||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (2) | (4) | 2 | (4) | 2 | - 0 | - 0 | |||||||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ (71) | $ - 0 | $ - 0 | $ 30 | $ 160 | $ 186 | $ 30 | $ 10 | $ - 0 | $ 150 | |||||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 376 | $ 325 | $ 346 | $ 296 | ERRORREF | $ 30 | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Currency effect on earnings (2017 only)(a) | (5) | 4 | 5 | 3 | $ - 0 | (2) | ||||||||||||||||||||||||||||||
| $ - 0 | - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (2017 only) (non-GAAP) | $ (327) | $ 54 | $ 381 | 299 | $ - 0 | 28 | ||||||||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ (062) | $ 032 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (019) | $ (075) | |||||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 200 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ (202) | ERRORREF | ERRORREF | $ 184 | $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||
| (a) | Currency effect on earnings determined by using 2018 foreign currency exchange rates to translate 2017 local currency results | |||||||||||||||||||||||||||||||||||
| (b) | For adjusted earnings per share the diluted average shares (in thousands) are 165265 and 163477 for the three months ended December 31 2017 and 2016 | |||||||||||||||||||||||||||||||||||
| v3 | ||||||||||
| O-I GLASS INC | ||||||||||
| Condensed Consolidated Cash Flow | ||||||||||
| (Dollars in millions) | ||||||||||
| Unaudited | Three months ended March 31 | |||||||||
| 2021 | 2020 | |||||||||
| Cash flows from operating activities | ||||||||||
| Net earnings (loss) | $ (91) | $ 55 | ||||||||
| Loss from discontinued operations | - | - | ||||||||
| Non-cash charges | ||||||||||
| Depreciation and amortization | 115 | 126 | ||||||||
| Pension expense | 8 | 9 | ||||||||
| Restructuring asset impairment and related charges | ||||||||||
| Charge related to Paddock support agreement liability | 154 | |||||||||
| Cash payments | ||||||||||
| Pension contributions | (18) | (13) | ||||||||
| Asbestos-related payments | ||||||||||
| Cash paid for restructuring activities | (3) | (8) | ||||||||
| Change in components of working capital (a) | (229) | (461) | ||||||||
| Other net (b) | 8 | (23) | ||||||||
| Cash utilized in operating activities | (56) | (315) | ||||||||
| Cash utilized in discontinued operating activities | - | |||||||||
| Total cash utilized in operating activities | (56) | (315) | ||||||||
| Cash flows from investing activities | ||||||||||
| Cash payments for property plant and equipment | (93) | (120) | ||||||||
| Acquisitions net of cash acquired | ||||||||||
| Contributions and advances to joint ventures | ||||||||||
| Net cash proceeds on disposal of other businesses and misc assets | 4 | |||||||||
| Net cash proceeds on sale of ANZ business | 58 | |||||||||
| Deconsolidation of Paddock | (47) | |||||||||
| Other | 2 | |||||||||
| Other net | ||||||||||
| Cash utilized in investing activities | (31) | (165) | ||||||||
| Cash flows from financing activities | ||||||||||
| Changes in borrowings net | 290 | 859 | ||||||||
| Treasury shares repurchased | ||||||||||
| Dividends Paid | (8) | |||||||||
| Treasury shares repurchased | ||||||||||
| Issuance of common stock and other | (2) | (2) | ||||||||
| Cash provided by financing activities | 288 | 849 | ||||||||
| Effect of exchange rate fluctuations on cash | (22) | (29) | ||||||||
| Change in cash | 179 | 340 | ||||||||
| Cash at beginning of period | 563 | 551 | ||||||||
| Cash at end of period | $ 742 | $ 891 | ||||||||
| (a) | The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows At March 31 2021 December 31 2020 and March 31 2020 the amount of receivables sold by the Company was $444 million $436 million and $429 million respectively For the three months ended March 31 2021 and 2020 the Companys use of its factoring programs resulted in an increase of $8 million to cash from operating activities and a $110 million decrease to cash from operating activities respectively | |||||||||
| (b) | Other net includes other non-cash charges plus other changes in non-current assets and liabilities | |||||||||
| v3 | |||||||||||
| O-I GLASS INC | |||||||||||
| Condensed Consolidated Balance Sheets | |||||||||||
| (Dollars in millions) | |||||||||||
| Unaudited | March 31 | December 31 | March 31 | ||||||||
| 2021 | 2020 | 2020 | |||||||||
| Assets | |||||||||||
| Current assets | |||||||||||
| Cash and cash equivalents | $ 742 | $ 563 | $ 891 | ||||||||
| Trade receivables net | 714 | 623 | 767 | ||||||||
| Inventories | 827 | 841 | 1047 | ||||||||
| Prepaid expenses and other current assets | 203 | 270 | 257 | ||||||||
| Total current assets | 2486 | 2297 | 2962 | ||||||||
| Property plant and equipment net | 2791 | 2907 | 2987 | ||||||||
| Goodwill | 1880 | 1951 | 1773 | ||||||||
| Intangibles net | 310 | 325 | 312 | ||||||||
| Other assets | 1358 | 1402 | 1470 | ||||||||
| Total assets | $ 8825 | $ 8882 | $ 9504 | ||||||||
| Liabilities and Share Owners Equity | |||||||||||
| Current liabilities | |||||||||||
| Accounts payable | $ 998 | $ 1126 | $ 1025 | ||||||||
| Short-term loans and long-term debt due within one year | 180 | 197 | 283 | ||||||||
| Current portion of asbestos-related liabilities | |||||||||||
| Other liabilities | 524 | 575 | 516 | ||||||||
| Other liabilities - discontinued operations | |||||||||||
| Total current liabilities | 1702 | 1898 | 1824 | ||||||||
| Long-term debt | 5168 | 4945 | 6115 | ||||||||
| Asbestos-related liabilities | |||||||||||
| Paddock support agreement liability | 625 | 471 | 471 | ||||||||
| Other long-term liabilities | 1068 | 1167 | 1018 | ||||||||
| Share owners equity | 262 | 401 | 76 | ||||||||
| Total liabilities and share owners equity | $ 8825 | $ 8882 | $ 9504 | ||||||||
| v3 | |||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||
| Condensed Consolidated Results of Operations | |||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||
| Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||
| Unaudited | 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 6869 | $ 6702 | $ 5157 | $ 5060 | $ (212) | $ (81) | |||||||||||||||||
| Cost of goods sold | (1256) | (1293) | (5736) | (5490) | (4143) | (4063) | 337 | 134 | |||||||||||||||||
| Gross profit | 244 | 268 | 1133 | 1212 | 1014 | 997 | 125 | 53 | |||||||||||||||||
| Selling and administrative expense | (102) | (116) | (502) | (503) | (362) | (375) | 38 | 12 | |||||||||||||||||
| Research development and engineering expense | (18) | (16) | (60) | (65) | (46) | (48) | (4) | 1 | |||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | |||||||||||||||||
| Equity earnings | 18 | 15 | 77 | 60 | 55 | 44 | (4) | (1) | |||||||||||||||||
| Other expense net | (156) | (17) | (105) | (76) | (61) | (24) | (112) | 35 | |||||||||||||||||
| Earnings (loss) before income taxes | (65) | 81 | 275 | 356 | 396 | 395 | 56 | 120 | |||||||||||||||||
| Provision for income taxes | (26) | (26) | (70) | (119) | (65) | (93) | (21) | - | |||||||||||||||||
| Net earnings (loss) | (91) | 55 | 205 | 237 | 331 | 302 | 35 | 120 | |||||||||||||||||
| Net earnings attributable to noncontrolling interests | (6) | (5) | (22) | (21) | (15) | (16) | 1 | - | |||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| - 0 | - 0 | ||||||||||||||||||||||||
| Amounts attributable to the Company | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (97) | $ 50 | ERRORREF | $ 216 | $ 316 | $ 286 | ERRORREF | $ 120 | |||||||||||||||||
| Loss from discontinued operations | ERRORREF | (7) | (2) | (6) | ERRORREF | 1 | |||||||||||||||||||
| Net earnings | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| $ -0 | $ -0 | ||||||||||||||||||||||||
| Amounts attributable to noncontrolling interests | $ -0 | $ -0 | |||||||||||||||||||||||
| Earnings from continuing operations | $ - | $ - | |||||||||||||||||||||||
| Earnings from discontinued operations | - | - | |||||||||||||||||||||||
| Loss on disposal of discontinued operations | - | - | |||||||||||||||||||||||
| Net earnings | $ - | $ - | $ - | $ - | $ - | $ - | |||||||||||||||||||
| Basic earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 112 Lea Stoehr Lea StoehrEPS file | $ 133 Lea Stoehr Lea StoehrEPS file | $ 194 | $ 176 | $ 020 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 111 | $ 129 | $ 193 | $ 172 | $ 020 | $ 075 | |||||||||||||||||
| Weighted average shares outstanding (thousands) | 157571 | 156081 | |||||||||||||||||||||||
| Diluted earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 111 Lea Stoehr Lea StoehrEPS file | $ 132 Lea Stoehr Lea StoehrEPS file | $ 192 | $ 175 | $ 019 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 110 | $ 128 | $ 191 | $ 171 | $ 019 | $ 075 | |||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | |||||||||||||||||||||||
| Current Year | 2021 | ||
| Prior Year | 2020 |
| APPROXIMATE ANNUAL IMPACT ON | FX RATES AT KEY POINTS | ||||||||||||||||||
| EPS FROM 10 FX CHANGE | Apr 27st | March 31st | AVG | Avg | Avg | ||||||||||||||
| 2021 | 2021 | 1Q21 | 2020 | 2Q20 | |||||||||||||||
| EUR | 009 | EUR | 121 | 117 | 120 | 115 | 111 | ||||||||||||
| MXN | 003 | MXN | 2004 | 2061 | 2064 | 2156 | 2298 | ||||||||||||
| BRL | 003 | BRL | 545 | 577 | 558 | 521 | 538 | ||||||||||||
| COP | 001 | COP | 3716 | 3727 | 3627 | 3715 | 3791 | ||||||||||||
| Shares 2020 | 158671 | |||||||||||||||||||||||||||||||||||||||
| Tax Rate 2020 | 3270 | |||||||||||||||||||||||||||||||||||||||
| EUROPE | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX EUR | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | ||||||||||||||||||||||||||||
| New FX EUR | 12097 | 12154 | 11707 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | ||||||||||||||||||||||||||||
| -2 | -1 | -5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Budget FX CHF | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | ||||||||||||||||||||||||||||
| New FX CHF | 08896 | 09060 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | ||||||||||||||||||||||||||||
| EBIT As Is | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 84801 | 100161 | 100223 | 66163 | 351347 | |||||||||||||||||||||||
| EBIT USD | 12762 | 10662 | 14643 | 12585 | 14406 | 13843 | 17014 | 16412 | 12372 | 13681 | 13730 | 10553 | 38068 | 40834 | 45798 | 37964 | 162663 | |||||||||||||||||||||||
| 70 | CHF - Salaries amp Benefits | 2815 | 3216 | 3211 | 3317 | 3145 | 2984 | 2588 | 2838 | 2672 | 2615 | 2569 | 2501 | 9243 | 9446 | 8099 | 7684 | 34472 | ||||||||||||||||||||||
| EBIT EUR Denominated | 20741 | 12054 | 23181 | 20325 | 27076 | 21373 | 29744 | 17984 | 14796 | 14519 | 13072 | 8293 | 55976 | 68773 | 62524 | 35883 | 223156 | |||||||||||||||||||||||
| Translation | (322) | (131) | (1096) | 2032 | 2708 | 2137 | 2974 | 1798 | 1480 | 1452 | 1307 | 829 | (1550) | 6877 | 6252 | 3588 | 15168 | |||||||||||||||||||||||
| CHF Translation | (24) | (85) | (210) | (302) | (286) | (271) | (235) | (258) | (243) | (238) | (234) | (227) | (320) | (859) | (736) | (699) | (2613) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (124) | (87) | (378) | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | (590) | 2399 | 2399 | 2399 | 6608 | |||||||||||||||||||||||
| Trademarks | (35) | (24) | (106) | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | (165) | 671 | 671 | 671 | 1849 | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (001) | 001 | 001 | 001 | 002 | 001 | 001 | 001 | 001 | 001 | (001) | 004 | 004 | 003 | 009 | |||||||||||||||||||||||
| CENTRAL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | ||||||||||||||||||||||||||||
| New FX | 203524 | 209672 | 206091 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | ||||||||||||||||||||||||||||
| 2 | 5 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 22833 | 31408 | 28449 | 14041 | 96730 | |||||||||||||||||||||||
| Translation | (241) | (205) | (292) | (837) | (1129) | (889) | (889) | (907) | (790) | (377) | (409) | (491) | (738) | (2855) | (2586) | (1276) | (7456) | |||||||||||||||||||||||
| Sales 3rd Party | 78 | 135 | 135 | 148 | 115 | 109 | 185 | 128 | 200 | 132 | 100 | 46 | 348 | 372 | 513 | 278 | 1512 | |||||||||||||||||||||||
| Royalties | (42) | (91) | (72) | (161) | (176) | (161) | (175) | (182) | (176) | (169) | (159) | (140) | (205) | (498) | (534) | (468) | (1704) | |||||||||||||||||||||||
| Trademarks | (13) | (27) | (22) | (48) | (53) | (48) | (52) | (55) | (53) | (50) | (47) | (42) | (61) | (149) | (160) | (139) | (509) | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (000) | (000) | (001) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| BRAZIL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | ||||||||||||||||||||||||||||
| New FX | 54392 | 55178 | 57736 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | ||||||||||||||||||||||||||||
| 5 | 6 | 11 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 15040 | 12157 | 16602 | 17784 | 61584 | |||||||||||||||||||||||
| Translation | (282) | (224) | (511) | (327) | (421) | (358) | (455) | (537) | (517) | (568) | (526) | (522) | (1017) | (1105) | (1509) | (1617) | (5249) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (36) | (44) | (79) | (63) | (64) | (68) | (73) | (77) | (76) | (76) | (78) | (80) | (159) | (195) | (225) | (234) | (814) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact BRAZIL | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| COLOMBIA | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | ||||||||||||||||||||||||||||
| New FX | 3558 | 3597 | 3727 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | ||||||||||||||||||||||||||||
| 4 | 5 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 12780 | 16520 | 20188 | 15498 | 64986 | |||||||||||||||||||||||
| Translation | (172) | (192) | (371) | (514) | (536) | (452) | (596) | (613) | (625) | (617) | (498) | (294) | (735) | (1502) | (1835) | (1409) | (5481) | |||||||||||||||||||||||
| Sales 3rd Party | 107 | 164 | 241 | 328 | 359 | 286 | 390 | 433 | 351 | 416 | 388 | 302 | 512 | 974 | 1174 | 1106 | 3765 | |||||||||||||||||||||||
| Royalties | (5) | (7) | (12) | (16) | (16) | (16) | (19) | (19) | (20) | (19) | (17) | (13) | (25) | (48) | (58) | (49) | (180) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact COLOMBIA | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | |||||||||||||||||||||||
| PERU | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | ||||||||||||||||||||||||||||
| New FX | 36427 | 36475 | 37706 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | ||||||||||||||||||||||||||||
| 1 | 1 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 7340 | 6883 | 8112 | 5766 | 28101 | |||||||||||||||||||||||
| Translation | (24) | (16) | (68) | (187) | (206) | (232) | (282) | (250) | (205) | (222) | (194) | (108) | (108) | (626) | (737) | (524) | (1995) | |||||||||||||||||||||||
| Sales 3rd Party | 20 | 18 | 96 | 239 | 276 | 242 | 309 | 268 | 295 | 268 | 338 | 152 | 134 | 757 | 872 | 758 | 2521 | |||||||||||||||||||||||
| Royalties | (3) | (3) | (12) | (29) | (31) | (32) | (34) | (35) | (35) | (32) | (31) | (23) | (18) | (92) | (103) | (86) | (300) | |||||||||||||||||||||||
| Trademarks | (1) | (1) | (4) | (8) | (9) | (10) | (10) | (11) | (11) | (10) | (10) | (7) | (6) | (27) | (32) | (27) | (92) | |||||||||||||||||||||||
| EPS Impact PERU | (000) | (000) | 000 | 000 | 000 | (000) | (000) | (000) | 000 | 000 | 000 | 000 | 000 | 000 | (000) | 000 | 000 |
| HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | ||||||||||||||||||||||||||||
| Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | ||||||||||||||||||||||||||||
| January | February | March | April | May | June | July | August | September | October | November | December | YearTotal | ||||||||||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 96730 | |||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 209058 | 79242 | 165770 | 183006 | 247073 | 194521 | 194487 | 198483 | 172776 | 82460 | 89369 | 107393 | 1923639 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 1841 | 1758 | 2059 | 1774 | 1932 | 1769 | 1927 | 2007 | 1935 | 1859 | 1750 | 1537 | 22149 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 36621 | 34964 | 40944 | 35277 | 38424 | 35182 | 38317 | 39916 | 38488 | 36971 | 34795 | 30575 | 440473 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 550 | 524 | 617 | 529 | 578 | 528 | 576 | 601 | 579 | 555 | 522 | 457 | 6617 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10939 | 10429 | 12269 | 10526 | 11494 | 10496 | 11461 | 11953 | 11514 | 11047 | 10377 | 9079 | 131585 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 12560 | 5924 | 10668 | 11162 | 14591 | 11735 | 11939 | 12245 | 10859 | 6218 | 6422 | 7051 | 121373 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 211106 | 81181 | 168102 | 184966 | 249240 | 196474 | 196647 | 200747 | 174947 | 84531 | 91297 | 109043 | 1948281 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 34780 | 33206 | 38885 | 33503 | 36492 | 33413 | 36390 | 37908 | 36553 | 35112 | 33045 | 29038 | 418324 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10389 | 9905 | 11652 | 9997 | 10916 | 9969 | 10885 | 11352 | 10935 | 10491 | 9856 | 8622 | 124969 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 61584 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 32142 | 19653 | 26282 | 18655 | 24018 | 20438 | 25996 | 30677 | 29512 | 32452 | 30059 | 29808 | 319690 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 791 | 741 | 785 | 690 | 707 | 752 | 801 | 847 | 832 | 833 | 863 | 876 | 9517 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 4108 | 3846 | 4075 | 3582 | 3668 | 3902 | 4158 | 4398 | 4319 | 4323 | 4480 | 4546 | 49405 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 64986 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 15067387 | 13263595 | 15364223 | 19325104 | 20152949 | 17004980 | 22428776 | 23071622 | 23520827 | 23203154 | 18728071 | 11055369 | 222186057 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 2736 | 3313 | 2924 | 3606 | 3953 | 3150 | 4288 | 4764 | 3858 | 4579 | 4263 | 3325 | 44759 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 9353229 | 11327116 | 9997013 | 12327312 | 13514966 | 10770900 | 14660926 | 16288460 | 13190884 | 15654758 | 14575462 | 11369644 | 153030671 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 139 | 146 | 151 | 181 | 171 | 177 | 212 | 210 | 215 | 208 | 187 | 140 | 2136 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 473829 | 499117 | 516517 | 619386 | 585125 | 604100 | 724460 | 717547 | 734407 | 711396 | 638632 | 479611 | 7304129 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 28101 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 13070 | 7377 | 6116 | 7438 | 8215 | 9254 | 11235 | 9962 | 8157 | 8847 | 7724 | 4295 | 101691 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3051 | 2340 | 2373 | 2628 | 3039 | 2664 | 3399 | 2944 | 3250 | 2946 | 3722 | 1671 | 34026 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 11040 | 8470 | 8587 | 9511 | 10998 | 9641 | 12299 | 10653 | 11760 | 10661 | 13468 | 6046 | 123135 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 458 | 360 | 308 | 314 | 342 | 352 | 373 | 382 | 380 | 353 | 344 | 253 | 4220 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 1656 | 1303 | 1113 | 1138 | 1239 | 1274 | 1351 | 1383 | 1376 | 1279 | 1243 | 916 | 15271 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 147 | 107 | 93 | 93 | 101 | 107 | 113 | 118 | 119 | 112 | 109 | 80 | 1298 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 531 | 389 | 336 | 336 | 366 | 388 | 410 | 427 | 432 | 404 | 393 | 288 | 4698 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 351347 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | EUR | 2021 | Budget | Final | 24974 | 15869 | 28168 | 24083 | 31198 | 26230 | 35946 | 25681 | 19935 | 20821 | 19721 | 13301 | 285927 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| OI Europe Sarl | Royalties to OI Toledo | Total Custom 1 | USD | 2021 | Budget | Final | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 95975 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 26853 | |||||||||||||||||||||
| (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (001910) | ||||||||||||||||||||||||||||
| Total United Kingdom | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1629 | 1383 | 2256 | 1858 | 3068 | 1263 | 4092 | 4062 | 3364 | 3273 | 3499 | 1776 | 31524 | |||||||||||||||||||||
| OI Sales and Distribution UK Ltd | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Poland | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2045 | 1051 | 2603 | 1724 | 1789 | 1622 | 2327 | 1989 | 1292 | 1275 | 1204 | 250 | 19172 | |||||||||||||||||||||
| OI Sales and Distribution Poland Sp Zoo | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Jarslow Machine Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (56) | 47 | 42 | (58) | 42 | 47 | (19) | 30 | (10) | 49 | 41 | 11 | 164 | |||||||||||||||||||||
| OI Poland Business Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (407) | 103 | 248 | (67) | 361 | 1223 | 899 | 471 | 381 | 186 | 253 | (176) | 3475 | |||||||||||||||||||||
| OI Sales and Distribution Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1053 | (363) | 1042 | 737 | 695 | 1237 | 1269 | 1413 | (1104) | 292 | 278 | 253 | 6801 | |||||||||||||||||||||
| OI Sales and Distribution Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| European Glass Group Admin | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 8499 | 8441 | 8452 | 8390 | 8451 | 8451 | 8447 | 8447 | 8450 | 8606 | 8455 | 8439 | 101527 | |||||||||||||||||||||
| Europe MR Adjustments | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Total Controllable Operating Expenses | USD | 2021 | Budget | Final | 4022 | 4595 | 4588 | 4739 | 4493 | 4263 | 3697 | 4055 | 3818 | 3735 | 3669 | 3573 | 49246 | |||||||||||||||||||||
| Europe Mgmt Reportingusd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 17926 | 8838 | 19969 | 17008 | 23930 | 18389 | 27156 | 15145 | 12124 | 11904 | 10503 | 5792 | 188684 |
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End SIMULATION | 10 | Change | ||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | SPOT | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | RATE | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | ||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | |||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | |||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | |||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | |||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | |||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | |||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | |||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | ||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | |||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | |||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | |||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | |||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | |||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | |||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | |||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | ||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | |||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | |||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | |||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | |||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | |||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | |||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | |||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | ||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | |||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | |||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | |||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | |||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | |||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | |||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | |||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | |||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | |||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | |||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | |||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | ||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | |||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | |||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 8720000 | |||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 543920 | ||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 355800000 | ||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 364270 | ||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | ||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 5799800 | ||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 2035240 | ||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 128700 | ||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 120970 | |||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 088960 | ||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 137030 | ||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 375170 | ||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 2154860 | ||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29639000 | ||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 657980 | ||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 7617880 | ||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 076430 | |||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 071520 | ||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 646100 | ||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 775270 | ||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 1403000000 | ||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 133130 | ||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 2305200000 | ||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2998400 | ||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 73815000 | |||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10452000 | ||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 111940000 | ||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 285390 | ||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 405350 | ||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 348640 | ||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 4807500 | ||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2803300 | ||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 736220 | ||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 1526290 | ||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7298750 | ||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 375070 | ||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106865 | |||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 088280 | ||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 107615 | ||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2021 | ||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | Average | High | Low | ||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 8720000 | 8720000 | 8720000 | 8720000 | ||||||||||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 543920 | 543920 | 543920 | 543920 | |||||||||||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 355800000 | 355800000 | 355800000 | 355800000 | |||||||||||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 364270 | 364270 | 364270 | 364270 | |||||||||||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 696000 | ||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 5799800 | 5799800 | 5799800 | 5799800 | |||||||||||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2035240 | 2035240 | 2035240 | 2035240 | |||||||||||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 128700 | 128700 | 128700 | 128700 | |||||||||||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 120970 | 120970 | 120970 | 120970 | ||||||||||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 088960 | 088960 | 088960 | 088960 | |||||||||||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 137030 | 137030 | 137030 | 137030 | |||||||||||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 375170 | 375170 | 375170 | 375170 | |||||||||||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2154860 | 2154860 | 2154860 | 2154860 | |||||||||||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 29639000 | 29639000 | 29639000 | 29639000 | |||||||||||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 657980 | 657980 | 657980 | 657980 | |||||||||||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 7617880 | 7617880 | 7617880 | 7617880 | |||||||||||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 076430 | 076430 | 076430 | 076430 | ||||||||||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 071520 | 071520 | 071520 | 071520 | |||||||||||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 646100 | 646100 | 646100 | 646100 | |||||||||||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 775270 | 775270 | 775270 | 775270 | |||||||||||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 1403000000 | 1403000000 | 1403000000 | 1403000000 | |||||||||||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 133130 | 133130 | 133130 | 133130 | |||||||||||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 2305200000 | 2305200000 | 2305200000 | 2305200000 | |||||||||||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 2998400 | 2998400 | 2998400 | 2998400 | |||||||||||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 73815000 | 73815000 | 73815000 | 73815000 | ||||||||||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 10452000 | 10452000 | 10452000 | 10452000 | |||||||||||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 111940000 | 111940000 | 111940000 | 111940000 | |||||||||||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 285390 | 285390 | 285390 | 285390 | |||||||||||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 405350 | 405350 | 405350 | 405350 | |||||||||||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 348640 | 348640 | 348640 | 348640 | |||||||||||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 4807500 | 4807500 | 4807500 | 4807500 | |||||||||||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 2803300 | 2803300 | 2803300 | 2803300 | |||||||||||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 736220 | 736220 | 736220 | 736220 | |||||||||||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1526290 | 1526290 | 1526290 | 1526290 | |||||||||||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 7298750 | 7298750 | 7298750 | 7298750 | |||||||||||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 375070 | 375070 | 375070 | 375070 | |||||||||||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 106865 | 106865 | 106865 | 106865 | ||||||||||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 088280 | 088280 | 088280 | 088280 | |||||||||||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 107615 | 107615 | 107615 | 107615 | |||||||||||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-20 | Feb-20 | Mar-20 | Apr-20 | May-20 | Jun-20 | Jul-20 | Aug-20 | Sep-20 | Oct-20 | Nov-20 | Dec-20 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 60246 | 621341 | 64464 | 6674 | 68439 | 703918 | 7225 | 739883 | 761102 | 782887 | 81058 | 841411 | 7152093 | 8414110 | 6024600 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 42464 | 44903 | 51924 | 53342 | 54059 | 54023 | 5153 | 5387 | 56312 | 57774 | 53354 | 51911 | 521222 | 577740 | 424640 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 34133 | 3499 | 405405 | 39217 | 369789 | 375371 | 372175 | 374842 | 388565 | 385525 | 360436 | 3419 | 371450667 | 405405000 | 341330000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 33647 | 34333 | 34365 | 33658 | 34365 | 35227 | 35117 | 35328 | 35971 | 36106 | 36017 | 36188 | 350268 | 361880 | 336470 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 52674 | 53093 | 53678 | 54456 | 57275 | 58076 | 58335 | 57922 | 58038 | 5824 | 58155 | 57982 | 5649367 | 5833500 | 5267400 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 187562 | 195268 | 239454 | 237426 | 221609 | 23033 | 220036 | 2178 | 224419 | 21368 | 200542 | 198866 | 2155827 | 2394540 | 1875620 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 13204 | 13444 | 14199 | 13865 | 13763 | 13663 | 13422 | 13082 | 13404 | 13312 | 1299 | 12745 | 134244 | 141990 | 127450 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 11024 | 10995 | 1101 | 10858 | 11098 | 11237 | 11893 | 11902 | 11734 | 11681 | 11969 | 12288 | 114741 | 122880 | 108580 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 09706 | 09676 | 09601 | 09747 | 09627 | 09516 | 09065 | 09042 | 09209 | 09145 | 09034 | 0882 | 093490 | 097470 | 088200 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13097 | 12882 | 12332 | 12465 | 12344 | 12298 | 13129 | 13339 | 12841 | 12916 | 13338 | 13614 | 128829 | 136140 | 122980 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 38927 | 3938 | 41288 | 41828 | 40114 | 39606 | 37075 | 36844 | 38614 | 39562 | 37441 | 37255 | 389945 | 418280 | 368440 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 22887 | 23066 | 247565 | 24932 | 242893 | 23819 | 220513 | 219209 | 231743 | 234209 | 218839 | 213174 | 2312654 | 2493200 | 2131740 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 30568 | 30842 | 32569 | 32597 | 31455 | 31679 | 28997 | 29692 | 31108 | 31485 | 3018 | 29693 | 30905417 | 32597000 | 28997000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 468123 | 493708 | 571683 | 579187 | 599947 | 607056 | 612846 | 641161 | 660765 | 674858 | 638594 | 637882 | 598818 | 674858 | 468123 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 631686 | 6665 | 793185 | 72783 | 70542 | 700054 | 731552 | 74037 | 789805 | 786921 | 760592 | 743399 | 7314428 | 7931850 | 6316860 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 06721 | 06524 | 0617 | 06562 | 06649 | 0688 | 07218 | 0735 | 07118 | 07045 | 0739 | 07698 | 069438 | 076980 | 061700 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 06486 | 06237 | 06015 | 06144 | 06206 | 06422 | 06704 | 06726 | 06586 | 06626 | 07032 | 07219 | 065336 | 072190 | 060150 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 69109 | 70114 | 70877 | 70547 | 71501 | 70671 | 69869 | 68515 | 68111 | 66829 | 65845 | 65301 | 689408 | 715010 | 653010 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 7769 | 77978 | 77542 | 77505 | 77532 | 77503 | 77499 | 77502 | 775 | 77519 | 77511 | 77521 | 775668 | 779780 | 774990 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13650 | 14170 | 16335 | 14925 | 14650 | 14225 | 14530 | 14544 | 14850 | 14625 | 14080 | 14040 | 1455200000 | 1633500000 | 1365000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13618 | 13984 | 14243 | 14102 | 14133 | 13936 | 13698 | 13592 | 13689 | 13646 | 13372 | 13228 | 137701 | 142430 | 132280 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23221 | 23238 | 23633 | 23309 | 23280 | 23204 | 23171 | 23174 | 23183 | 23177 | 23143 | 23083 | 2323466667 | 2363300000 | 2308300000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 31112 | 31661 | 32624 | 32326 | 31825 | 30872 | 31199 | 31082 | 31671 | 312 | 30268 | 2994 | 3131500 | 3262400 | 2994000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 79599 | 81441 | 85123 | 83475 | 8077 | 81928 | 75903 | 7783 | 7865 | 77228 | 767 | 71128 | 79147917 | 85123000 | 71128000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10908 | 1089 | 10829 | 10654 | 10713 | 10773 | 10429 | 10563 | 10551 | 10435 | 10388 | 10317 | 10620833 | 10908000 | 10317000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 118807 | 121638 | 12195 | 120616 | 12371 | 1198 | 11885 | 118422 | 116833 | 112881 | 11056 | 108461 | 117710667 | 123710000 | 108461000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 3132 | 31404 | 31355 | 31797 | 31105 | 30722 | 29031 | 29006 | 29423 | 29557 | 28845 | 28098 | 301386 | 317970 | 280980 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40875 | 4226 | 4295 | 4316 | 435 | 42795 | 42375 | 4163 | 4157 | 4158 | 4069 | 40105 | 419575 | 435000 | 401050 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 33357 | 33234 | 34141 | 34056 | 33572 | 34503 | 33732 | 34018 | 34297 | 34648 | 34516 | 34443 | 340431 | 346480 | 332340 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 50894 | 51024 | 50757 | 5037 | 50585 | 49795 | 49032 | 48314 | 4842 | 4838 | 48118 | 48007 | 4947467 | 5102400 | 4800700 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 30232 | 3024 | 30253 | 2976 | 29983 | 29448 | 29333 | 29376 | 28985 | 28598 | 2855 | 2807 | 2940233 | 3025300 | 2807000 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 59742 | 6216 | 65765 | 69528 | 68135 | 68476 | 69639 | 73286 | 78001 | 8311 | 7835 | 73693 | 708238 | 831100 | 597420 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 147542 | 156154 | 179346 | 181579 | 174636 | 172523 | 167385 | 165789 | 169531 | 163508 | 152422 | 146144 | 1647133 | 1815790 | 1461440 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 714525 | 7196 | 755575 | 75 | 75635 | 7553 | 747325 | 7335 | 738125 | 74105 | 740425 | 7309 | 7402229 | 7563500 | 7145250 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37516 | 37516 | 37587 | 37572 | 37551 | 37506 | 37506 | 37503 | 37508 | 37501 | 37505 | 37515 | 375238 | 375870 | 375010 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 103623 | 104602 | 102577 | 106803 | 107138 | 107132 | 107667 | 109277 | 108078 | 106324 | 105091 | 106635 | 106246 | 109277 | 102577 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 084172 | 085352 | 08928 | 087108 | 089906 | 091373 | 090586 | 089227 | 091379 | 090438 | 089736 | 09026 | 089068 | 091379 | 084172 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 106999 | 106388 | 105707 | 105833 | 10684 | 106931 | 10781 | 107618 | 108058 | 106823 | 108128 | 10838 | 107126 | 108380 | 105707 | 107615 | |||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2019 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-19 | Feb-19 | Mar-19 | Apr-19 | May-19 | Jun-19 | Jul-19 | Aug-19 | Sep-19 | Oct-19 | Nov-19 | Dec-19 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 3741050 | 3878 | 43635 | 4432 | 4454500 | 42675 | 43935 | 578655 | 5732 | 596945 | 597375 | 5985 | 4956573 | 5985000 | 3741050 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 367900 | 37287 | 39005 | 39413 | 398090 | 38194 | 37903 | 41696 | 41571 | 39899 | 42107 | 40214 | 394617 | 421070 | 367900 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 316290000 | 306967 | 317552 | 325128 | 336260000 | 319593 | 330106 | 343599 | 345776 | 338689 | 350988 | 328075 | 329342091 | 350988000 | 306967000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 335150 | 32958 | 33195 | 33099 | 336450 | 32892 | 32855 | 33937 | 33805 | 33433 | 33932 | 33148 | 333426 | 339370 | 328550 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696000 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 5030900 | 50171 | 5028 | 50701 | 5028500 | 50643 | 5072 | 50774 | 524 | 5281 | 52856 | 5295 | 5132855 | 5295000 | 5017100 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 1913710 | 191613 | 193584 | 190288 | 1955140 | 191857 | 190491 | 201595 | 196839 | 190735 | 195127 | 189251 | 1929774 | 2015950 | 1892510 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 131290 | 13154 | 13438 | 13461 | 135380 | 13097 | 13138 | 13301 | 13234 | 13158 | 13286 | 13051 | 132225 | 134610 | 130510 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 115040 | 11377 | 1123 | 11189 | 111280 | 11362 | 11155 | 11047 | 10936 | 11164 | 1101 | 11202 | 111978 | 115040 | 109360 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 099260 | 09986 | 09959 | 1019 | 100530 | 09755 | 09911 | 09873 | 09911 | 09872 | 09985 | 09679 | 099134 | 101900 | 096790 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 131260 | 13303 | 13068 | 12944 | 126070 | 12668 | 1216 | 12183 | 12296 | 12926 | 12912 | 13118 | 127913 | 133030 | 121600 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 372470 | 37912 | 38234 | 38356 | 385280 | 37408 | 38524 | 39704 | 40057 | 38128 | 39233 | 37958 | 384328 | 400570 | 372470 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 2238300 | 22522 | 22965 | 22923 | 2320450 | 22385 | 230019 | 234362 | 23629 | 228556 | 232165 | 226645 | 2290743 | 2362900 | 2238300 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 27437000 | 27792 | 28516 | 28878 | 29197000 | 28494 | 29349 | 29989 | 30652 | 29494 | 30499 | 29533 | 29148455 | 30652000 | 27437000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 423232 | 424214 | 438026 | 440992 | 442995 | 43396 | 422808 | 460616 | 45462 | 445432 | 463598 | 450477 | 441634 | 463598 | 422808 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 6538700 | 657042 | 647791 | 644333 | 6525850 | 630529 | 63485 | 66505 | 645088 | 637495 | 640362 | 619672 | 6432802 | 6650500 | 6196720 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 072670 | 07144 | 0709 | 07045 | 069180 | 0701 | 06897 | 06717 | 06755 | 06923 | 06775 | 07005 | 069662 | 072670 | 067170 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 069140 | 06847 | 06789 | 06665 | 065110 | 06699 | 06599 | 06298 | 06268 | 06424 | 06422 | 06729 | 066049 | 069140 | 062680 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 669840 | 6681 | 67244 | 67368 | 690830 | 68727 | 68809 | 71506 | 71231 | 70384 | 70321 | 69759 | 690130 | 715060 | 668100 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 784480 | 78494 | 78499 | 7845 | 784690 | 781 | 78254 | 78451 | 7841 | 78354 | 78269 | 77845 | 783249 | 784990 | 778450 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13980 | 14065 | 14230 | 14225 | 1437300000 | 14125 | 14008 | 14225 | 14170 | 14008 | 14110 | 13870 | 1409236364 | 1423000000 | 1387000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 134590 | 13486 | 13556 | 1362 | 137870 | 13536 | 13692 | 13884 | 13815 | 13604 | 13663 | 13471 | 136169 | 138840 | 134590 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23199 | 23198 | 23175 | 23280 | 2341300000 | 23299 | 23200 | 23195 | 23201 | 23199 | 23195 | 23172 | 2321027273 | 2329900000 | 2317200000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 3123900 | 31461 | 31808 | 31933 | 3177500 | 30743 | 30772 | 30637 | 30587 | 30187 | 30229 | 2987 | 3086055 | 3193300 | 2987000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 66726000 | 65056 | 68319 | 67936 | 70901000 | 67977 | 70109 | 72096 | 72652 | 73834 | 82799 | 75163 | 71151545 | 82799000 | 65056000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10880000 | 11089 | 11072 | 11149 | 10896000 | 10764 | 10854 | 10636 | 10788 | 10866 | 10947 | 10869 | 10901273 | 11149000 | 10636000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 111040000 | 111855 | 113511 | 11641 | 119060000 | 11562 | 11805 | 12081 | 119827 | 11608 | 11812 | 115568 | 116081000 | 120810000 | 111040000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 300140 | 30349 | 30745 | 30856 | 310260 | 30387 | 30953 | 31255 | 31572 | 30925 | 31359 | 30822 | 308397 | 315720 | 300140 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 408600 | 4069 | 40815 | 4134 | 419650 | 4141 | 4127 | 4221 | 4186 | 41755 | 4171 | 4092 | 413491 | 422100 | 406900 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 328410 | 32841 | 32895 | 32841 | 328950 | 33003 | 33113 | 33167 | 33321 | 33177 | 3329 | 33768 | 331143 | 337680 | 328410 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 5205600 | 51729 | 52593 | 52025 | 5225500 | 51209 | 5081 | 5216 | 51763 | 50764 | 50809 | 5068 | 5150891 | 5259300 | 5068000 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 3066600 | 30794 | 3085 | 30925 | 3161500 | 31006 | 31082 | 31321 | 3103 | 30395 | 30525 | 29981 | 3077955 | 3132100 | 2998100 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 521710 | 53184 | 55715 | 59545 | 590660 | 5776 | 55591 | 58369 | 56673 | 5707 | 57589 | 59483 | 566500 | 595450 | 521710 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 1331760 | 13933 | 145893 | 143317 | 1481780 | 141702 | 141787 | 15335 | 151298 | 149581 | 147129 | 141242 | 1443459 | 1533500 | 1331760 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7099750 | 71135 | 690775 | 6982 | 6977250 | 689725 | 68865 | 7174 | 7064 | 70745 | 716975 | 712825 | 7045205 | 7174000 | 6886500 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 375030 | 375 | 37501 | 37501 | 375000 | 375 | 37503 | 37499 | 37513 | 37501 | 37497 | 37507 | 375023 | 375130 | 374970 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 105106 | 104338 | 104434 | 105701 | 106251 | 104642 | 104516 | 106653 | 10777 | 107768 | 105497 | 104102 | 105502 | 107770 | 104102 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 087643 | 085522 | 085935 | 086442 | 088268 | 089691 | 091735 | 090676 | 088939 | 086369 | 08527 | 085394 | 087601 | 091735 | 085270 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 114189 | 113611 | 11184 | 114016 | 111870 | 110836 | 110557 | 109067 | 108387 | 110211 | 109935 | 108424 | 111007 | 114189 | 108387 | 107615 | |||||||||||||||||||||||
6
In a world where SUSTAINABILITY is more important than ever we are proud to make an inherently SUSTAINABLE product
bull Made from four basic natural inert ingredients
bull Does not impact the productrsquos taste or integrity
bull Only food contact material lsquoGenerally Recognized as Safersquo by US Food and Drug Administration
bull 100 percent recyclable ndash endlessly ndash into new food-safe glass packaging
bull Very circular ndash majority of containers recycled into new containers
bull Reusable and refillable up to 25x
bull Wonrsquot harm the earth or oceans
SURVEY OF CONSUMER VIEWS ON SUSTAINABILITY OF PACKAGING SUBSTRATES
Source McKinsey and Company ldquoSustainability in packaging Inside the minds of global consumersrdquo (2020)
GLASS THE WORLDrsquoS MOST SUSTAINABLE PACKAGE
CONSUMERS VIEW GLASS AS HIGHLY SUSTAINABLE
7
1Q21 aEPS WAS $035 VS $041 IN PY AND $032 ndash $037 GUIDANCEbull At mid-point of guidance rangebull Benefit of margin expansion initiatives substantially offset impact of severe weather in USMX
SEGMENT OPERATING PROFIT IN LINE WITH PY DESPITE WEATHERbull Est $40M impact from severe weather ‒ Energy surcharge cost inflation ($20M) lower sales vol ($8M) and lower production vol ($12M)
bull $35M benefit from margin expansion initiatives accelerated given weather issuesbull Cost inflation exceeded higher selling prices due to weather related energy surchargesbull Sales volume flat (up ~ 15 vs PY excluding impact of severe weather)bull Good operating performance ‒ Margin expansion initiatives (Factory Performance and Cost Transformation)‒ Short term measures to help mitigate weather impact‒ Lower production volume due to severe weather
NON-OPERATING ITEMSbull Slightly higher retained corporate cost Additional RampD mostly offset by cost reductionbull Adjusted effective tax rate5 ~29 1Q21 actual ~27 1Q20 actual ~30 1Q21 guidance
1Q21 RESULTSEARNINGS IN LINE WITH ORIGINAL GUIDANCE
1 Segment operating profit is defined as consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs and the Companyrsquos global equipment business See the appendix for further disclosure
2 Foreign currency effect determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
3 Divestitures include Argentina and ANZ4 Net price represents the net impact of movement in selling prices and cost inflation 5 Adjusted effective tax rate exclude certain items that management considers not representative of
ongoing operations
SEGMENT OPERATING PROFIT1 ($M) aEPS
1Q20 AS REPORTED $176 $041
FX2 10 000
Divestitures (primarily ANZ3) (12) (005)
SUBTOTAL $174 $036
Net price4 (incl cost inflation) (20) (009)
Volume and mix (incl acquisitions) 2 001
Operating costs (excl cost inflation) 19 009
Retained corporate costs mdash (001)
Net interest expense NCI mdash 000
Change in tax rate5 mdash (001)
Share count mdash 000
1Q21 RESULTS $175 $035
8
1Q21 SEGMENT REVIEWHIGHER PROFITS IN EUROPE WHILE AMERICAS IMPACTED BY SEVERE WEATHER
AMERICAS EUROPE ASIA PACIFIC1
($M)
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
SEGMENT OPERATING
PROFIT COMMENTS
1Q20 $103 $61 $12
FX 4 6 mdash
Divestitures mdash mdash (12) ANZ sale
SUBTOTAL $107 $67 $0
Net price(incl cost inflation) (17)
Est $20M energy surcharge (weather)
Constructive price environmentbull Revenue Optimization
(3)
Moderate inflation Constructive price
environmentbull Revenue Optimization
mdash
Volume and mix(incl acquisitions) (1) Sales volume down 13
(up 15 excl weather) 3 Sales volume up 20 mdash
Operating costs(excl cost inflation) 11
Margin expansion initiativesbull Factory Performancebull Cost Transformation
Short term measures to mitigate weather impact
Impact of severe weather
8
Margin expansion initiativesbull Factory Performancebull Cost Transformation mdash
1Q21 $100 $75 $0
1 Following the sale of ANZ on July 31 2020 the remaining businesses in the Asia Pacific region do not meet the criteria of an individually reportable segment Therefore the results for the companyrsquos remaining Asia businesses will be included in retained corporate and other costs following that date
9
(149)
(435)
112 205 264
(716)
(179)
316
561
(800)
(400)
0
400
800
1Q 2Q 3Q 4Q
($M
)
FCF Progression
2021 2020 2019
2021 FCF AND CAPITAL STRUCTURE
GUIDING PRINCIPLE PROGRESS
Maximize Free Cash Flow1
FY21 FCF ~ $240M (20-25 conversion)
DSODPOIDS flat or fav with PY1Q21 FCF ($149)M vs ($435)M in PY1Q21 IDS 11 days below PY
Preserve Strong Liquidity
Liquidity ge $125B across 2021 1Q21 committed liquidity ~ $21B
Reduce Net Debt2
FYE21 Net Debt lt $44B3
FYE21 BCA leverage ratio ldquohigh 3srdquo3
Divestitures for further deleveraging
1Q21 Net Debt ~ $900M below 1Q201Q21 BCA leverage ratio4 well below covenantFinal ANZ proceeds received ($58M in 1Q21)
De-Risk Legacy Liabilities
Advance Paddock Chapter 11 524(g) case Agreement in principle for a consensual plan of reorganization$610M mill total consideration to fund a section 524(g) trust on effective date of a confirmed plan of reorganization
FY21 FCF1 AND NET DEBT2
FAVORABLE TO PYHIGHER FCF AND LOWER NET DEBT
46
55 54
4846
56
60
56
50
40
45
50
55
60
65
1Q 2Q 3Q 4Q
($B)
Net Debt Progression
2021 2020 20191 Management defines free cash flow as cash provided by continuing operating activities less cash paid for property plant and
equipment (all components as determined in accordance with GAAP) See the appendix for further disclosure2 Net Debt is defined as Total Debt less Cash See appendix for further disclosure3 2021 targets exclude any potential impact of Paddock 524(g) funding in the event reorganization is completed prior to FYE214 BCA leverage ratio is defined as Net Debt divided by EBITDA after credit agreement adjustments
10
2021 BUSINESS OUTLOOK
2Q21 GUIDANCE $045 ndash $050 aEPS COMPARED TO $001 IN PY
bull Prior year results reflected significant disruption due to the onset of the pandemicbull Higher selling prices should mostly offset inflation which is beginning to normalizebull Expect improved volumes sales volume up ge 15 production up ge 20bull Continued solid operating performance but prior period temporary benefits donrsquot repeat
REITERATE FY21 GUIDANCE $155 ndash $175 aEPS AND ~ $240M FCF
bull Reiterate despite 1Q21 headwinds including severe weatherbull 20-25 FCF conversion
2021 INVESTOR DAY EXPECTED MID-SEPTEMBER
bull Updated strategybull MAGMA value analysis and initial deployment approachbull Share company targets and milestones
IMPROVING OUTLOOK AS MARKETS STABILIZE AND RECOVER
2Q2Q20 AS REPORTED $001
FX1 $000
Divestitures2 ($001)
SUBTOTAL $000
Net price3
(incl cost inflation) Volume and mix(incl acquisitions) Vol up ge 15
Operating costs(excl cost inflation) Production up ge 20
Prior period benefits donrsquot repeat
Retained corp costs RampD Incentives
Net interest exp NCI Change in tax rate4 ~ 30 tax rate
Share count 2Q21 GUIDANCE $045 ndash $050
2Q21 EARNINGS OUTLOOK (aEPS)
1 Foreign currency effect determined by using March 31 2021 foreign currency exchange rates to translate 2020 local currency results2 Divestiture of ANZ and Argentina net of lower interest expense due to debt reduction Excludes factoring impact3 Net price represents the net impact of movement in selling prices and cost inflation 4 Adjusted effective tax rate exclude certain items that management considers not representative of ongoing operations
11
CONCLUSION
1Q21 results in line with guidance despite weather issues
Fav underlying performance across all business levers
Advancing bold plan to change O-Irsquos business fundamentals
Improving business outlook and volume growth
FINANCIAL APPENDIX
13
1Q21 SEGMENT FX IMPACT ON EARNINGS
APPROXIMATE ANNUAL IMPACT ON FX RATES AT KEY POINTSEPS FROM 10 FX CHANGE Apr 27st AVG Avg Avg
2021 1Q21 2020 2Q20EUR 009 EUR 121 120 115 111 MXN 003 MXN 2004 2064 2156 2298 BRL 003 BRL 545 558 521 538 COP 001 COP 3716 3627 3715 3791
14
NON-GAAP FINANCIAL MEASURES
The company uses certain non-GAAP financial measures which are measures of its historical or future financial performance that are not calculated and presented in accordance with GAAP within the meaning of applicable SEC rules Management believes that its presentation and use of certain non-GAAP financial measures including adjusted earnings adjusted earnings per share segment operating profit net debt free cash flow adjusted EBITDA adjusted EBITDA to free cash flow conversion adjusted interest expense and adjusted effective tax rate provide relevant and useful supplemental financial information that is widely used by analysts and investors as well as by management in assessing both consolidated and business unit performance These non-GAAP measures are reconciled to the most directly comparable GAAP measures and should be considered supplemental in nature and should not be considered in isolation or be construed as being more important than comparable GAAP measures
Adjusted earnings relates to net earnings from continuing operations attributable to the company exclusive of items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Adjusted earnings are divided by weighted average shares outstanding (diluted) to derive adjusted earnings per share Segment operating profit relates to earnings from continuing operations before interest expense net and before income taxes and is also exclusive of items management considers not representative of ongoing operations as well as certain retained corporate costs Management uses adjusted earnings adjusted earnings per share and segment operating profit to evaluate its period-over-period operating performance because it believes these provide useful supplemental measures of the results of operations of its principal business activity by excluding items that are not reflective of such operations Adjusted earnings adjusted earnings per share and segment operating profit may be useful to investors in evaluating the underlying operating performance of the companyrsquos business as these measures eliminate items that are not reflective of its principal business activity
Net debt is defined as total debt less cash Management uses net debt to analyze the liquidity of the company
Further free cash flow relates to cash provided by continuing operating activities less cash payments for property plant and equipment Management has historically used free cash flow to evaluate its period-over-period cash generation performance because it believes this has provided a useful supplemental measure related to its principal business activity Adjusted EBITDA relates to net earnings from continuing operations attributable to the company less interest taxes depreciation and amortization as well as items management considers not representative of ongoing operations because such items are not reflective of the companyrsquos principal business activity which is glass container production Free cash flow to adjusted EBITDA conversion may be useful to investors to assist in understanding the comparability of cash flows generated by the companyrsquos principal business activity It should not be inferred that the entire free cash flow amount is available for discretionary expenditures since the company has mandatory debt service requirements and other non-discretionary expenditures that are not deducted from the measure Management uses non-GAAP information principally for internal reporting forecasting budgeting and calculating compensation payments
The Company routinely posts important information on its website at o-icominvestors
15
RECONCILIATION TO EARNINGS BEFORE INCOME TAXES
Unaudited2021 2020
Net sales Americas 837$ 831$ Europe 639 576 Asia Pacific - 123 Reportable segment totals 1476 1530
Other 24 31 Net sales 1500$ 1561$
Segment operating profit (a)
Americas 100$ 103$ Europe 75 61 Asia Pacific - 12
Reportable segment totals 175 176
Items excluded from segment operating profit Retained corporate costs and other (35) (28) Charge related to Paddock support agreement liability (154) Charge for deconsolidation of Paddock (14)
Interest expense net (51) (53) Earnings (loss) before income taxes (65)$ 81$
Ratio of earnings before income taxes to net sales -43 52
Segment operating profit margin (b)
Americas 119 124 Europe 117 106 Asia Pacific - 98
Reportable segment margin totals 119 115
(a)
(b) Segment operating profit margin is segment operating profit divided by segment net sales
Three months ended March 31
The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources
Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs
16
SEGMENT RECONCILIATIONS
1Q PRICE VOLUME AND CURRENCY IMPACT ON REPORTABLE SEGMENT SALES
1Q PRICE SALES VOLUME OPERATING COSTS AND CURRENCY IMPACT ON REPORTABLE SEGMENT OPERATING PROFIT
(a) Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to translate 2020 local currency results
Americas Europe Asia Pacific Total
Net sales for reportable segments- 1Q20 831$ 576$ 123$ 1530$ Effects of changing foreign currency rates (a) (13) 48 35 Price 26 2 28 Sales volume amp mix (3) 13 10 Divestitures (4) (123) (127)
Total reconciling items 6 63 (123) (54) Net sales for reportable segments- 1Q21 837$ 639$ -$ 1476$
Three months ended March 31
Americas Europe Asia Pacific TotalSegment operating profit - 1Q20 103$ 61$ 12$ 176$
Effects of changing foreign currency rates (a) 4 6 10 Net price (net of cost inflation) (17) (3) (20) Sales volume amp mix (1) 3 2 Operating costs 11 8 19 Divestitures (12) (12)
Total reconciling items (3) 14 (12) (1) Segment operating profit - 1Q21 100$ 75$ -$ 175$
Three months ended March 31
17
RECONCILIATION FOR NET DEBT
Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019 Dec 31 2021
Total debt 5348$ 6398$ 6507$ 5375$ 5142$ 5911$ 6331$ 5888$ 5559$ 4900$ Cash and cash equivalents 742 891 1067 606 563 326 371 273 551 500 Net Debt 4606$ 5507$ 5440$ 4769$ 4579$ 5585$ 5960$ 5615$ 5008$ 4400$
Three Months Ended
18
EBITDA AND FREE CASH FLOW RECONCILIATIONS
RECONCILIATION TO FREE CASH FLOW Forecast for Year Ended
March 31 2021
March 31 2020
June 30 2020
Sept 30 2020
Dec 31 2020
March 31 2019
June 30 2019
Sept 30 2019
Dec 31 2019
Dec 31 2020
Dec 31 2019 Dec 31 2021
Cash provided by (utilized in) operating activities (56)$ (315)$ 181$ 262$ 329$ (595)$ (67)$ 416$ 654$ 457$ 408$ 615$ Cash payments for property plant and equipment (93) (120) (69) (57) (65) (121) (112) (100) (93) (311) (426) (375) Free cash flow (non-GAAP) (149)$ (435)$ 112$ 205$ 264$ (716)$ (179)$ 316$ 561$ 146$ (18)$ 240$
Three Months Ended Year Ended
RECONCILIATION TO EBIDTAThe Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measures earnings (loss) from operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings (loss) from operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) from operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
19
RECONCILIATION FOR ADJUSTED EFFECTIVE TAX RATE
Unaudited Three Months Ended Three Months EndedMarch 31 2021 March 31 2020
(65)$ 81$ Items management considers not representative of ongoing operations 154 14
89$ 95$
Benefit (Provision) for income taxes (B) (26)$ (26)$ Tax items management considers not representative of ongoing operations - - Adjusted benefit (provision) for income taxes (D) (26)$ (26)$
Effective Tax Rate (B)(A) -400 321Adjusted Effective Tax Rate (D)(C) 292 274
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the quarter ending June 30 2021 and the year ending December 31 2021 to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) before income taxes because management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss)before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted effective tax rate to earnings (loss) before income taxes divided by provision for income taxes or address the probable significance of the unavailable information which could be material to the Companys future financial results
Adjusted Earnings (loss) before income taxes (C)
Earnings before income taxes (A)
20
RECONCILIATION FOR ADJUSTED EARNINGS
The reconciliation below describes the items that management considers not representative of ongoing operationsUnaudited
March 31 2021 March 31 2020
(97)$ 50$ Items impacting other expense net
Charge related to Paddock support agreement liability 154Charge for deconsolidation of Paddock 14
Total adjusting items (non-GAAP) 154$ 14$
Adjusted earnings (non-GAAP) 57$ 64$
Diluted average shares (thousands) 157571 157684
Net earnings (loss) attributable to the Company (diluted) (062)$ 032$ Adjusted earnings per share (non-GAAP) (a) 035$ 041$
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021
The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results
Net earnings (loss) attributable to the Company
Three months ended
21
RECONCILIATION FOR 2Q20 ADJUSTED EARNINGS
Unaudited
Three months ended
June 302020
(101)$ Items impacting other expense net
Restructuring asset impairment and other charges 71 Strategic transaction costs 4 Pension settlement charges 8
Items impacting interest expenseCharges for note repurchase premiums and write-off of finance fees 38
Items impacting income taxNet benefit for income tax on items above (19)
Total adjusting items (non-GAAP) 102$
Adjusted earnings (non-GAAP) 1$
Diluted average shares (thousands) 156790
Earnings (loss) per share from continuing operations (diluted) (064)$
Adjusted earnings per share (non-GAAP) (a) 001$
Earnings (loss) from continuing operations attributable to the Company
(a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 158327 for the three months ended June 30 2020
| OWENS-ILLINOIS INC | ||||||||||||||||||||||
| Reconciliation to Adjusted Earnings and Constant Currency | ||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||
| Unaudited | Three months ended December 31 | Nine months ended Sept 30 | Six months ended June 30 | |||||||||||||||||||
| 2016 | 2014 | 2015 | 2014 | 2015 | 2014 | |||||||||||||||||
| Earnings from continuing operations attributable to the Company | $ (70) | $ 61 | $ 131 | $ 297 | $ 113 | $ 236 | ||||||||||||||||
| Items management considers not representative of ongoing operations | ||||||||||||||||||||||
| Restructuring asset impairment and other charges | 110 | |||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (64) | 71 | 64 | 71 | 22 | - 0 | ||||||||||||||||
| Pension settlement charges | 98 | |||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 9 | |||||||||||||||||||||
| Net expense for income tax on items above | 6 | |||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (8) | (1) | (1) | |||||||||||||||||||
| Total adjusting items | 151 | 70 | 64 | 70 | 55 | - 0 | ||||||||||||||||
| Adjusted earnings | $ 81 | $ 131 | $ 195 | $ 367 | $ 168 | $ 236 | ||||||||||||||||
| Currency effect on earnings (1) | $ 2 | $ (24) | $ (68) | $ (44) | ||||||||||||||||||
| Adjusted earnings on a constant currency basis | $ 83 | $ 107 | $ 299 | $ 192 | ||||||||||||||||||
| Diluted average shares (thousands) | 162193 | 166138 | 162264 | 166187 | 162594 | 166212 | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | $ (043) | $ 037 | $ 081 | $ 179 | $ 069 | $ 142 | ||||||||||||||||
| Adjusted earnings per share | $ 050 | $ 079 | $ 160 | $ 221 | $ 103 | $ 142 | ||||||||||||||||
| Adjusted earnings per share on a constant currency basis | $ 051 | $ 064 | $ 179 | $ 115 | ||||||||||||||||||
| (1) | In the three months ended September 30 2016 there were no items in which management considered not representative of ongoing operations | |||||||||||||||||||||
| (1) | Currency effect on earnings determined by using September 30 2017 foreign currency exchange rates to translate third quarter 2016 local currency results | |||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Three months ended June 30 | Year ended December 31 | |||||||||||||||||||||||
| 2016 | 2015 | 2018 | 2017 | 2016 | 2015 | 2017 | 2017 | ||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 98 | $ 49 | $ 68 | $ 71 | $ 140 | $ 183 | |||||||||||||||||||
| Items impacting cost of good sold | |||||||||||||||||||||||||||
| Pension settlement charges | - 0 | 200 | |||||||||||||||||||||||||
| Items impacting selling and administrative expense | |||||||||||||||||||||||||||
| Pension settlement charges | 18 | ||||||||||||||||||||||||||
| Items impacting other expense net | |||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 8 Lea Stoehr Lea Stoehr-1 | 39 | 19 | 10 | 77 | ||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | (7) | (7) | |||||||||||||||||||||||||
| Items impacting interest expense | |||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | - 0 | 17 | 18 | ||||||||||||||||||||||||
| Items impacting income tax | |||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||
| Net benefit for income tax on items above | - 0 | (9) | (4) | (4) | (27) | ||||||||||||||||||||||
| Tax benefit recorded for certain tax adjustments | (20) | (29) | |||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | |||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | 5 | (1) | 2 | (3) | (3) | ||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ 6 | $ - 0 | $ 46 | $ 10 | $ - 0 | $ (17) | $ 254 | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 98 | $ 95 | $ 78 | $ 71 | $ 123 | $ 437 | |||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 165186 | 163840 | 161793 | 163287 | 164482 | 164647 | |||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 059 | $ 030 | $ 042 | $044 | $ 085 | $ 111 | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | $ (027) | $ 059 | $ 058 | $ 048 | $044 | $ 075 | $ 265 | |||||||||||||||||||
| v3 | ||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||
| Reportable Segment Information | ||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended September 30 | Six months ended June 30 | |||||||||||||||||||||
| 2016 | 2015 | 2017 | 2016 | 2015 | 2016 | 2015 | ||||||||||||||||||
| Net sales | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 605 | $ 1209 | $ 1204 | |||||||||||||||||
| North America | (294) | (169) | 837 | 831 | 520 | 1131 | 1000 | |||||||||||||||||
| Latin America | (18) | 164 | 639 | 576 | 265 | 657 | 412 | |||||||||||||||||
| Asia Pacific | (317) | (193) | - | 123 | 162 | 317 | 316 | |||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||
| Reportable segment totals | (1838) | (1402) | 1476 | 1530 | 1552 | 3314 | 2932 | |||||||||||||||||
| - 0 | ||||||||||||||||||||||||
| Other | (10) | (1) | 24 | 31 | 14 | 34 | 32 | |||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||
| Net sales | $ (1848) | $ (1403) | $ 1500 | $ 1561 | $ 1566 | $ 3348 | $ 2964 | |||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 68 | $ 128 | $ 113 | |||||||||||||||||
| North America | (68) | (50) | 100 | 103 | 61 | 168 | 153 | |||||||||||||||||
| Latin America | (45) | 4 | 75 | 61 | 51 | 120 | 57 | |||||||||||||||||
| Asia Pacific | (28) | (20) | - | 12 | 19 | 28 | 32 | |||||||||||||||||
| Reportable segment totals | ERRORREF | ERRORREF | 175 | 176 | 199 | 444 | 355 | |||||||||||||||||
| Items excluded from segment operating profit | ||||||||||||||||||||||||
| Retained corporate costs and other | 22 | 11 | (35) | (28) | (10) | (57) | (39) | |||||||||||||||||
| Items not considered representative of ongoing operations (b) | 12 | 33 | (64) | (12) | (33) | |||||||||||||||||||
| Interest expense net | 82 | 68 | (51) | (53) | (67) | (133) | (121) | |||||||||||||||||
| Earnings from continuing operations before income taxes | ERRORREF | ERRORREF | $ (65) | $ 81 | $ 58 | $ 242 | $ 162 | |||||||||||||||||
| Ratio of earnings from continuing operations before income taxes to net sales | ERRORREF | ERRORREF | -43 | 52 | 37 | |||||||||||||||||||
| Segment operating profit margin (c) | ||||||||||||||||||||||||
| Europe | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 112 | 106 | 94 | |||||||||||||||||
| North America | 231 | 296 | 119 | 124 | 117 | 149 | 153 | |||||||||||||||||
| Latin America | 2500 | 24 | 117 | 106 | 192 | 183 | 138 | |||||||||||||||||
| Asia Pacific | 88 | 104 | ERRORDIV0 | 98 | 117 | 88 | 101 | |||||||||||||||||
| Reportable segment margin totals | ERRORREF | ERRORREF | 119 | 115 | 128 | 134 | 121 | |||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings from continuing operations before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||
| (c) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||
| Reconciliation to Additions to property plant and equipment (capital expenditures) | ||||||||||||
| Unaudited | 2018 | |||||||||||
| 2017 | Estimate | 2018 | ||||||||||
| Payments for property plant and equipment | (441) | (500) | ||||||||||
| Change in accounts payable related to additions to property plant and equipment (a) | (44) | (b) | ||||||||||
| Additions to property plant and equipment (capital expenditures) | $ (485) | $ (500) | ||||||||||
| (a) | Relates to invoices for additions to property plant and equipment that were unpaid as of December 31 2017 | |||||||||||
| (b) | Forecasted amounts for full year 2018 are not determinable at this time | |||||||||||
| O-I GLASS INC | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow for the year ended December 31 | |||||||||||||||||||
| Reconciliation for Adjusted Free Cash Flow | |||||||||||||||||||
| Forecast for Quarter Ending | Forecast for Year Ending | ||||||||||||||||||
| June 30 2019 | December 31 2019 | ||||||||||||||||||
| Low End of Guidance Range | |||||||||||||||||||
| Earnings from continuing operations attributable to the Company | (b) | (b) | |||||||||||||||||
| Items management considers not representative of ongoing operations | to | ||||||||||||||||||
| Expected pension settlement charges (estimate) | |||||||||||||||||||
| Restructuring asset impairment and other charges(b) | |||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees(b) | |||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||
| Net benefit for income tax on items above(b) | |||||||||||||||||||
| Net impact of noncontrolling interests on items above(b) | |||||||||||||||||||
| Total adjusting items | (a) | (a) | |||||||||||||||||
| Adjusted earnings (non-GAAP) | (b) | to | (b) | ||||||||||||||||
| Diluted average shares (thousands) | 156600 | to | (b) | ||||||||||||||||
| Earnings per share from continuing operations (diluted) | (b) | to | (b) | ||||||||||||||||
| Adjusted earnings per share (non-GAAP) | $ 075 | to | $ 300 | ||||||||||||||||
| (a) At this time management has not yet identified the items in 2019 that are not representative of ongoing operations | |||||||||||||||||||
| Unaudited | |||||||||||||||||||
| 2019 | |||||||||||||||||||
| Forecast | 2018 | 2017 | 2016 | 2015 | 2018 | ||||||||||||||
| Cash provided by continuing operating activities | $ 740 | $ 793 | $ 724 | $ 758 | $ 612 | ||||||||||||||
| Additions to property plant and equipment | (500) | (536) | (441) | (454) | (402) | ||||||||||||||
| Asbestos-related payments | 160 | 105 | 110 | 125 | 138 | ||||||||||||||
| Adjusted free cash flow (non-GAAP) | $ 400 | $ 362 | $ 393 | $ 429 | $ 348 | $ - 0 | |||||||||||||
| Cash utilized in investing activities | (a) | $ (698) | $ (351) | $ (417) | $ (2748) | (c) | |||||||||||||
| Cash provided by (utilized in) financing activities | (a) | $ (53) | $ (392) | $ (228) | $ 2057 | (c) | |||||||||||||
| (a) Forecasted amounts for full year 2019 are not determinable at this time |
| Unaudited | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||
| (Dollars in millions) | ||||||||||||||||
| Year Ended | Forecast for Year Ended | |||||||||||||||
| December 31 2020 | December 31 2021 | 2016 | 2015 | 2018 | ||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ 457 | $ 615 | $ 758 | $ 612 | ||||||||||||
| Cash payments for property plant and equipment | (311) | (375) | (454) | (402) | ||||||||||||
| Free cash flow (non-GAAP) | $ 146 | $ 240 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||
| Unaudited | ||||||||||||||||
| December 31 2020 | December 31 2019 | 2016 | 2015 | 2018 | ||||||||||||
| Total debt | $ 5142 | $ 5559 | $ 758 | $ 612 | ||||||||||||
| Cash and cash equivalents | 563 | 551 | (454) | (402) | ||||||||||||
| Net Debt | $ 4579 | $ 5008 | $ 304 | $ 210 | $ - 0 | |||||||||||
| O-I GLASS INC | ||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||
| reconciliation of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| Unaudited | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Free Cash Flow | ||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||
| Three months Ended | Three months Ended | Forecast for Year Ended | ||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | December 31 2021 | |||||||||||||
| Cash provided by (utilized in) continuing operating activities | $ (56) | $ (315) | $ 758 | $ 612 | $ 615 | |||||||||||||
| Cash payments for property plant and equipment | (93) | (120) | (454) | (402) | (375) | |||||||||||||
| Free cash flow (non-GAAP) | $ (149) | $ (435) | $ 304 | $ 210 | $ - 0 | $ 240 | ||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to EBITDA | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | June 30 2020 | June 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 98 | $ 68 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (38) | (2) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 60 | $ 66 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measures EBITDA for the year ending December 31 2021 to its most directly comparable GAAP | ||||||||||||||||||
| financial measures earnings (loss) from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial | ||||||||||||||||||
| measure without unreasonable efforts Earnings (loss) from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment | ||||||||||||||||||
| charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are | ||||||||||||||||||
| complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of EBITDA to earnings (loss) | ||||||||||||||||||
| from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | ||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Interest Expense | ||||||||||||||||||
| Three Months Ended | Three Months Ended | |||||||||||||||||
| Unaudited | September 30 2020 | September 30 2019 | 2016 | 2015 | 2018 | |||||||||||||
| Interest Expense net | $ 61 | $ 83 | $ 758 | $ 612 | ||||||||||||||
| Items management considers not representative of ongoing operations | (6) | (24) | (454) | (402) | ||||||||||||||
| Adjusted Interest Expense net | $ 55 | $ 59 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Net Debt | ||||||||||||||||||
| Unaudited | ||||||||||||||||||
| March 31 2021 | March 31 2020 | 2016 | 2015 | 2018 | ||||||||||||||
| Total debt | $ 5348 | $ 6398 | $ 758 | $ 612 | ||||||||||||||
| Cash and cash equivalents | 742 | 891 | (454) | (402) | ||||||||||||||
| Net Debt | $ 4606 | $ 5507 | $ 304 | $ 210 | $ - 0 | |||||||||||||
| O-I GLASS INC | ||||||||||||||||||
| Reconciliation to Adjusted Effective Tax Rate | ||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted effective tax rate for the year ending December 31 2021 | ||||||||||||||||||
| to its most directly comparable GAAP financial measure provision for income taxes divided by earnings (loss) from continuing operations before income taxes because | ||||||||||||||||||
| management cannot reliably predict all of the necessary components of these GAAP financial measures without unreasonable efforts Earnings (loss) from continuing | ||||||||||||||||||
| operations before income taxes includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and | ||||||||||||||||||
| the provision for income taxes would include the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar | ||||||||||||||||||
| items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a | ||||||||||||||||||
| of adjusted effective tax rate to earnings (loss) from continuing operations before income taxes divided by provision for income taxes or address the probable significance | ||||||||||||||||||
| of the unavailable information which could be material to the Companys future financial results |
| v3 | |||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||
| Reconciliation for Adjusted Earnings | |||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||
| Three months ended | Year ended | three months ended March 31 | CHECK | ||||||||||||||||||||||||
| March 31 2021 | March 31 2020 | December 31 2018 | 2015 | 2018 | 2017 | 2017 | 2016 | ||||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ 144 | $ 139 | $ 98 | $ 49 | $ (4) | ERRORREF | |||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 5 | 5 | ERRORREF | ||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||
| Items impacting equity earnings | 5 | $ - 0 | ERRORREF | ||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||
| Charge related to Paddock support agreement liability | 154 | ||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | 14 | 74 | |||||||||||||||||||||||||
| Charge for asbestos-related costs | 125 | ||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | 97 | 75 | 39 | 97 | ERRORREF | ||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | 11 | 42 | 17 | 11 | ERRORREF | ||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | (14) | 8 | (14) | ERRORREF | |||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (15) | (9) | - 0 | ERRORREF | |||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (1) | (1) | (1) | ERRORREF | |||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ 154 | $ 14 | $ 297 | $ 137 | $ - 0 | $ 46 | $ 283 | ERRORREF | |||||||||||||||||||
| Adjusted earnings (non-GAAP) | $ 57 | $ 64 | $ 441 | $ 276 | $ 98 | $ 95 | $ 279 | ERRORREF | |||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Currency effect (a) | $ (3) | $ (3) | |||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (non-GAAP) | $ 54 | $ 61 | |||||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | 162088 | 162135 | 165186 | 163840 | |||||||||||||||||||||
| Net earnings (loss) attributable to the Company (diluted) | $ (062) | $ 032 | $ 089 | $ 085 | $ 059 | $ 030 | $ (002) | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share (non-GAAP) (a) | $ 035 | $ 041 | $ 272 | $ 170 | $ 059 | $ 058 | $ 172 | ERRORREF | |||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ 039 | $ (039) | ERRORREF | ||||||||||||||||||||||||
| (a) For purposes of computing adjusted earnings per share the diluted average shares (in thousands) are 160125 for the three months ended March 31 2021 | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending March 31 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| The Company is unable to present a quantitative reconciliation of its forward-looking non-GAAP measure adjusted earnings and adjusted earnings per share for the quarter ending June 30 2021 or year ending December 31 2021 to its most directly comparable GAAP financial measure earnings from continuing operations attributable to the Company because management cannot reliably predict all of the necessary components of this GAAP financial measure without unreasonable efforts Earnings from continuing operations attributable to the Company includes several significant items such as restructuring charges asset impairment charges charges for the write-off of finance fees and the income tax effect on such items The decisions and events that typically lead to the recognition of these and other similar items are complex and inherently unpredictable and the amount recognized for each item can vary significantly Accordingly the Company is unable to provide a reconciliation of adjusted earnings and adjusted earnings per share to earnings from continuing operations attributable to the Company or address the probable significance of the unavailable information which could be material to the Companys future financial results | |||||||||||||||||||||||||||
| v3 | |||||||||||||||||||||||||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||||||||||||||||||||||||
| Changes in Net Sales and Segment Operating Profit for Reportable Segments | |||||||||||||||||||||||||||||||||||||||||||||||
| (Dollars in millions) | |||||||||||||||||||||||||||||||||||||||||||||||
| Unaudited | |||||||||||||||||||||||||||||||||||||||||||||||
| Three months ended March 31 | Q3 | Q2 | Q1 | ||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q20 | $ 831 | $ 576 | $ 123 | $ 1530 | $ 586 | $ 578 | $ 365 | $ 170 | $ 1699 | $ 646 | $ 599 | $ 345 | $ 158 | $ 1748 | $ 563 | $ 532 | $ 312 | $ 159 | $ 1566 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | (13) | 48 | 35 | 33 | 1 | 14 | 5 | 53 | (4) | (2) | (1) | 2 | (5) | (24) | 1 | 11 | 6 | (6) | |||||||||||||||||||||||||||||
| Price | 26 | 2 | 28 | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (3) | 13 | 10 | 5 | (35) | 20 | 9 | (1) | (4) | (32) | 17 | (9) | (28) | 23 | (13) | 9 | 7 | 26 | |||||||||||||||||||||||||||||
| Divestitures | (4) | (123) | (127) | ||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 6 | 63 | (123) | (54) | 5 | (28) | 33 | 13 | 23 | (7) | (25) | 26 | (5) | (11) | 15 | (5) | 18 | 8 | 36 | ||||||||||||||||||||||||||||
| Net sales for reportable segments- 1Q21 | $ 837 | $ 639 | $ - 0 | $ 1476 | $ 624 | $ 551 | $ 412 | $ 188 | $ 1775 | $ 635 | $ 572 | $ 370 | $ 155 | $ 1732 | $ 554 | $ 528 | $ 341 | $ 173 | $ 1596 | ||||||||||||||||||||||||||||
| Three months ended March 31 | |||||||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | Europe | North America | Latin America | Asia Pacific | Total | |||||||||||||||||||||||||||||
| Segment operating profit - 1Q20 | $ 103 | $ 61 | $ 12 | $ 176 | $ 64 | $ 79 | $ 74 | $ 20 | $ 237 | $ 73 | $ 92 | $ 57 | $ 11 | $ 233 | $ 55 | $ 76 | $ 63 | $ 17 | $ 211 | ||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 4 | 6 | 10 | 4 | (1) | 3 | 6 | 1 | - 0 | - 0 | (1) | - 0 | (3) | 1 | (2) | ||||||||||||||||||||||||||||||||
| Net price (net of cost inflation) | (8) | (3) | (11) | 7 | 13 | 4 | 24 | (3) | 7 | 9 | 4 | 17 | (8) | 8 | 9 | 1 | 10 | ||||||||||||||||||||||||||||||
| Sales volume amp mix | (1) | 3 | 2 | 1 | (9) | 5 | 2 | (1) | (1) | (7) | 3 | (2) | (7) | 5 | (2) | 4 | 1 | 8 | |||||||||||||||||||||||||||||
| Operating costs | 2 | 8 | 10 | 12 | (1) | (11) | (6) | (6) | 10 | - 0 | - 0 | (1) | 9 | 10 | 3 | (22) | (9) | ||||||||||||||||||||||||||||||
| Divestitures | (12) | (12) | |||||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (3) | 14 | (12) | (1) | 13 | (3) | 7 | - 0 | 17 | 6 | - 0 | 12 | 1 | 19 | 7 | 9 | (9) | 2 | 9 | ||||||||||||||||||||||||||||
| Segment operating profit - 1Q21 | $ 100 | $ 75 | $ - 0 | $ 175 | $ 81 | $ 75 | $ 84 | $ 20 | $ 260 | $ 80 | $ 92 | $ 69 | $ 11 | $ 252 | $ 59 | $ 85 | $ 54 | $ 20 | $ 218 | ||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Net sales - 2016 | $ 2220 | $ 2300 | $ 684 | $ 5204 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 3 | 29 | 17 | 106 | |||||||||||||||||||||||||||||||||||||||||||
| 2016 at constant currency | 2223 | 2329 | 701 | 5310 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 Lea Stoehr Lea Stoehr+1 to round | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (84) | 52 | 1 | (31) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | (63) | 90 | 13 | 40 | |||||||||||||||||||||||||||||||||||||||||||
| Net sales for reportable segments- 2017 | $ 2160 | $ 2419 | $ 714 | $ 5350 | |||||||||||||||||||||||||||||||||||||||||||
| Americas | Europe | Asia Pacific | Total | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2016 | $ 299 | $ 237 | $ 77 | $ 613 | |||||||||||||||||||||||||||||||||||||||||||
| Effects of changing foreign currency rates (a) | 5 | 1 | 6 | ||||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit at constant currency - 2016 | 299 | 242 | 78 | 619 | |||||||||||||||||||||||||||||||||||||||||||
| Price | 21 | 38 | 12 | 71 | |||||||||||||||||||||||||||||||||||||||||||
| Sales volume amp mix | (19) | 12 | 1 | (6) | |||||||||||||||||||||||||||||||||||||||||||
| Operating costs | 17 | (28) | (26) | (37) | |||||||||||||||||||||||||||||||||||||||||||
| Total reconciling items | 19 | 22 | (13) | 28 | |||||||||||||||||||||||||||||||||||||||||||
| Segment operating profit - 2017 | $ 318 | $ 264 | $ 65 | $ 647 | |||||||||||||||||||||||||||||||||||||||||||
| (a) | Currency effect on net sales and segment operating profit determined by using 2021 foreign currency exchange rates to | ||||||||||||||||||||||||||||||||||||||||||||||
| translate 2020 local currency results | |||||||||||||||||||||||||||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||
| O-I GLASS INC | ||||||||||||||||||||||||||||||
| Reportable Segment Information and Reconciliation to Earnings Before Income Taxes | ||||||||||||||||||||||||||||||
| (Dollars in millions) | ||||||||||||||||||||||||||||||
| Unaudited | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||||||
| 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||||||||
| Net sales | ||||||||||||||||||||||||||||||
| Americas | $ 837 | $ 831 | 2160 | 2220 | 1651 | 1709 | 328 | 320 | ||||||||||||||||||||||
| Europe | 639 | 576 | $ 2375 | $ 2300 | $ 1813 | $ 1795 | $ 77 | $ 71 | ||||||||||||||||||||||
| Asia Pacific | - | 123 | 714 | 684 | 516 | 487 | (198) | (74) | ||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||
| Reportable segment totals | 1476 | 1530 | 5249 | 6636 | 5103 | 5013 | 1330 | (93) | ||||||||||||||||||||||
| Other | 24 | 31 | 69 | 66 | 54 Lea Stoehr Lea Stoehrrounded by 1 | 47 | 9 | 12 | ||||||||||||||||||||||
| - 0 | - 0 | |||||||||||||||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 5318 | $ 6702 | $ 5157 | $ 5060 | $ 1339 | $ (81) | ||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Segment operating profit (a) | ||||||||||||||||||||||||||||||
| 0 | 0 | |||||||||||||||||||||||||||||
| Americas | $ 100 | $ 103 | 352 | 299 | 252 | 247 | - | 51 | ||||||||||||||||||||||
| Europe | 75 | 61 | $ 295 | $ 237 | $ 220 | $ 192 | $ - | $ 16 | ||||||||||||||||||||||
| Asia Pacific | - | 12 | 51 | 77 | 51 | 48 | - | (17) | ||||||||||||||||||||||
| Reportable segment totals | 175 | 176 | 698 | 882 | 730 | 681 | 207 | (25) | ||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Items excluded from segment operating profit | - | - | ||||||||||||||||||||||||||||
| Retained corporate costs and other | (35) | (28) | (115) Anna Boris Anna Boris+1 for rounding | Lea Stoehr Lea Stoehrrounded by 1 | (98) | (81) | (75) | (1) | (5) | |||||||||||||||||||||
| Charge related to Paddock support agreement liability | (154) | |||||||||||||||||||||||||||||
| Charge for deconsolidation of Paddock | (14) | |||||||||||||||||||||||||||||
| Items not considered representative of ongoing operations (b) | (295) | (156) | (49) | (12) | 246 | 144 | ||||||||||||||||||||||||
| - | - | |||||||||||||||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | ||||||||||||||||||||||
| Earnings (loss) before income taxes | $ (65) | $ 81 | $ 20 | $ 356 | $ 396 | $ 395 | $ 311 | $ 120 | ||||||||||||||||||||||
| Ratio of earnings before income taxes to net sales | -43 | 52 | 04 | 53 | ||||||||||||||||||||||||||
| Segment operating profit margin (b) | ||||||||||||||||||||||||||||||
| Americas | 119 | 124 | 163 | 135 | ||||||||||||||||||||||||||
| Europe | 117 | 106 | 124 | 103 | ||||||||||||||||||||||||||
| Asia Pacific | - 0 | 98 | 71 | 113 | ||||||||||||||||||||||||||
| Reportable segment margin totals | 119 | 115 | 133 | 133 | ||||||||||||||||||||||||||
| (a) | Segment operating profit consists of consolidated earnings before interest income interest expense and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs | |||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings | |||||||||||||||||||||||||||||
| The Company presents information on segment operating profit because management believes that it provides investors with a measure of operating performance separate from the level of indebtedness or other related costs of capital The most directly comparable GAAP financial measure to segment operating profit is earnings before income taxes The Company presents segment operating profit because management uses the measure in combination with net sales and selected cash flow information to evaluate performance and to allocate resources | ||||||||||||||||||||||||||||||
| (b) | Reference reconciliation to adjusted earnings and constant currency | |||||||||||||||||||||||||||||
| (b) | Segment operating profit margin is segment operating profit divided by segment net sales | |||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | |||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings Q1 2017 | |||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | |||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | ||||||||||||||||||||||||||||
| 2016 | 2015 | 2017 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||
| Earnings (loss) from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ 49 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | 98 | - 0 | - 0 | ERRORREF | |||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | ||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Pension settlement charges | ERRORREF | - 0 | - 0 | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Items impacting equity earnings | ERRORREF | 5 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | ERRORREF Lea Stoehr Lea Stoehr-1 | 39 | 88 | 129 | 75 | 49 | 19 | - 0 | ERRORREF | ||||||||||||||||||||||||
| Gain related to cash received from the Chinese government as compensation for land in China that the Company was required to return to the government | ERRORREF | (71) | (7) | - 0 | ERRORREF | ||||||||||||||||||||||||||||
| Strategic transactions costs | ERRORREF | 23 | $ - 0 | ERRORREF | |||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | ||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | ||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | ERRORREF | 17 | 34 | 9 | 42 | 17 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Items impacting income tax | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net expense (benefit) for income tax on items above | ERRORREF | (9) | (21) | 1 | (15) | (12) | (4) | - 0 | ERRORREF | ||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | |||||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | ERRORREF | |||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | ERRORREF | (1) | (5) | 2 | (4) | 2 | - 0 | ERRORREF | |||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | ERRORREF | $ 46 | $ 96 | $ 168 | $ 178 | $ 30 | $ 10 | $ 20 | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ 95 | ERRORREF | $ 384 | $ 317 | $ 346 | $ 296 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | 163840 | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||
| Earnings (loss) per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ 030 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (111) | ERRORREF | |||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | $ 058 | ERRORREF | ERRORREF | $ 196 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||
| v3 | ||||||||||||||||||||||||||||||||||||
| OWENS-ILLINOIS INC | ||||||||||||||||||||||||||||||||||||
| Reconciliation to Adjusted Earnings | ||||||||||||||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | ||||||||||||||||||||||||||||||||||||
| The reconciliation below describes the items that management considers not representative of ongoing operations | ||||||||||||||||||||||||||||||||||||
| Unaudited | Three months ended September 30 | Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | CHECK | |||||||||||||||||||||||||||||||
| 2016 | 2015 | 2021 | 2020 | 2017 | 2016 | 2015 | 2017 | 2016 | 2017 | 2016 | ||||||||||||||||||||||||||
| Earnings from continuing operations attributable to the Company | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 216 | $ 139 | $ 316 | $ 286 | ERRORREF | $ (120) | |||||||||||||||||||||||||
| Items impacting cost of good sold | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | (98) | - 0 | 98 | - 0 | - 0 | 98 | ||||||||||||||||||||||||||||||
| Acquisition-related fair value inventory adjustments | 22 | |||||||||||||||||||||||||||||||||||
| Items impacting selling and administrative expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Pension settlement charges | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||||||||||
| Items impacting equity earnings | - 0 | 5 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Items impacting other expense net | $ - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Restructuring asset impairment and other charges | (130) Lea Stoehr Lea Stoehr-1 | 49 | 129 | 75 | 49 | 19 | - 0 | 110 | ||||||||||||||||||||||||||||
| Gain on China land sale | 71 | (71) | (7) | - 0 | (64) | |||||||||||||||||||||||||||||||
| Strategic transactions costs | - 0 | 23 | $ - 0 | - 0 | ||||||||||||||||||||||||||||||||
| Acquisition-related fair value intangible adjustments | 10 | |||||||||||||||||||||||||||||||||||
| Charge for asbestos-related costs | 16 | |||||||||||||||||||||||||||||||||||
| Items impacting interest expense | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Charges for note repurchase premiums and write-off of finance fees | (9) | 17 | 9 | 42 | 17 | - 0 | 9 | |||||||||||||||||||||||||||||
| Items impacting income tax | - 0 | - 0 | ||||||||||||||||||||||||||||||||||
| Net benefit for income tax on items above | (1) | (12) | 1 | (15) | (12) | (4) | - 0 | 5 | ||||||||||||||||||||||||||||
| Tax expense (benefit) recorded for certain tax adjustments | (20) | (8) | 8 | (20) | - 0 | (8) | ||||||||||||||||||||||||||||||
| Items impacting net earnings attributable to noncontrolling interests | - 0 | $ - 0 | ||||||||||||||||||||||||||||||||||
| Net impact of noncontrolling interests on items above | (2) | (4) | 2 | (4) | 2 | - 0 | - 0 | |||||||||||||||||||||||||||||
| Total adjusting items (non-GAAP) | $ - 0 | $ (71) | $ - 0 | $ - 0 | $ 30 | $ 160 | $ 186 | $ 30 | $ 10 | $ - 0 | $ 150 | |||||||||||||||||||||||||
| Adjusted earnings (non-GAAP) | ERRORREF | ERRORREF | $ (97) | $ 50 | ERRORREF | $ 376 | $ 325 | $ 346 | $ 296 | ERRORREF | $ 30 | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Currency effect on earnings (2017 only)(a) | (5) | 4 | 5 | 3 | $ - 0 | (2) | ||||||||||||||||||||||||||||||
| $ - 0 | - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings on a constant currency basis (2017 only) (non-GAAP) | $ (327) | $ 54 | $ 381 | 299 | $ - 0 | 28 | ||||||||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Diluted average shares (thousands) | ERRORREF | 161612 | ERRORREF | ERRORREF | ERRORREF | ERRORREF | 162135 | 164440 | 162607 | |||||||||||||||||||||||||||
| Earnings per share from continuing operations (diluted) | ERRORREF | ERRORREF | $ (062) | $ 032 | $ 111 | $ 132 | $ 085 | $ 192 | $ 175 | $ (019) | $ (075) | |||||||||||||||||||||||||
| Adjusted earnings per share (non-GAAP) | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | ERRORREF | $ 200 | $ 210 | $ 182 | ERRORREF | ERRORREF | |||||||||||||||||||||||||
| $ - 0 | $ - 0 | |||||||||||||||||||||||||||||||||||
| Adjusted earnings per share on a constant currency basis (non-GAAP) | $ (202) | ERRORREF | ERRORREF | $ 184 | $ - 0 | ERRORREF | ||||||||||||||||||||||||||||||
| (a) | Currency effect on earnings determined by using 2018 foreign currency exchange rates to translate 2017 local currency results | |||||||||||||||||||||||||||||||||||
| (b) | For adjusted earnings per share the diluted average shares (in thousands) are 165265 and 163477 for the three months ended December 31 2017 and 2016 | |||||||||||||||||||||||||||||||||||
| v3 | ||||||||||
| O-I GLASS INC | ||||||||||
| Condensed Consolidated Cash Flow | ||||||||||
| (Dollars in millions) | ||||||||||
| Unaudited | Three months ended March 31 | |||||||||
| 2021 | 2020 | |||||||||
| Cash flows from operating activities | ||||||||||
| Net earnings (loss) | $ (91) | $ 55 | ||||||||
| Loss from discontinued operations | - | - | ||||||||
| Non-cash charges | ||||||||||
| Depreciation and amortization | 115 | 126 | ||||||||
| Pension expense | 8 | 9 | ||||||||
| Restructuring asset impairment and related charges | ||||||||||
| Charge related to Paddock support agreement liability | 154 | |||||||||
| Cash payments | ||||||||||
| Pension contributions | (18) | (13) | ||||||||
| Asbestos-related payments | ||||||||||
| Cash paid for restructuring activities | (3) | (8) | ||||||||
| Change in components of working capital (a) | (229) | (461) | ||||||||
| Other net (b) | 8 | (23) | ||||||||
| Cash utilized in operating activities | (56) | (315) | ||||||||
| Cash utilized in discontinued operating activities | - | |||||||||
| Total cash utilized in operating activities | (56) | (315) | ||||||||
| Cash flows from investing activities | ||||||||||
| Cash payments for property plant and equipment | (93) | (120) | ||||||||
| Acquisitions net of cash acquired | ||||||||||
| Contributions and advances to joint ventures | ||||||||||
| Net cash proceeds on disposal of other businesses and misc assets | 4 | |||||||||
| Net cash proceeds on sale of ANZ business | 58 | |||||||||
| Deconsolidation of Paddock | (47) | |||||||||
| Other | 2 | |||||||||
| Other net | ||||||||||
| Cash utilized in investing activities | (31) | (165) | ||||||||
| Cash flows from financing activities | ||||||||||
| Changes in borrowings net | 290 | 859 | ||||||||
| Treasury shares repurchased | ||||||||||
| Dividends Paid | (8) | |||||||||
| Treasury shares repurchased | ||||||||||
| Issuance of common stock and other | (2) | (2) | ||||||||
| Cash provided by financing activities | 288 | 849 | ||||||||
| Effect of exchange rate fluctuations on cash | (22) | (29) | ||||||||
| Change in cash | 179 | 340 | ||||||||
| Cash at beginning of period | 563 | 551 | ||||||||
| Cash at end of period | $ 742 | $ 891 | ||||||||
| (a) | The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows At March 31 2021 December 31 2020 and March 31 2020 the amount of receivables sold by the Company was $444 million $436 million and $429 million respectively For the three months ended March 31 2021 and 2020 the Companys use of its factoring programs resulted in an increase of $8 million to cash from operating activities and a $110 million decrease to cash from operating activities respectively | |||||||||
| (b) | Other net includes other non-cash charges plus other changes in non-current assets and liabilities | |||||||||
| v3 | |||||||||||
| O-I GLASS INC | |||||||||||
| Condensed Consolidated Balance Sheets | |||||||||||
| (Dollars in millions) | |||||||||||
| Unaudited | March 31 | December 31 | March 31 | ||||||||
| 2021 | 2020 | 2020 | |||||||||
| Assets | |||||||||||
| Current assets | |||||||||||
| Cash and cash equivalents | $ 742 | $ 563 | $ 891 | ||||||||
| Trade receivables net | 714 | 623 | 767 | ||||||||
| Inventories | 827 | 841 | 1047 | ||||||||
| Prepaid expenses and other current assets | 203 | 270 | 257 | ||||||||
| Total current assets | 2486 | 2297 | 2962 | ||||||||
| Property plant and equipment net | 2791 | 2907 | 2987 | ||||||||
| Goodwill | 1880 | 1951 | 1773 | ||||||||
| Intangibles net | 310 | 325 | 312 | ||||||||
| Other assets | 1358 | 1402 | 1470 | ||||||||
| Total assets | $ 8825 | $ 8882 | $ 9504 | ||||||||
| Liabilities and Share Owners Equity | |||||||||||
| Current liabilities | |||||||||||
| Accounts payable | $ 998 | $ 1126 | $ 1025 | ||||||||
| Short-term loans and long-term debt due within one year | 180 | 197 | 283 | ||||||||
| Current portion of asbestos-related liabilities | |||||||||||
| Other liabilities | 524 | 575 | 516 | ||||||||
| Other liabilities - discontinued operations | |||||||||||
| Total current liabilities | 1702 | 1898 | 1824 | ||||||||
| Long-term debt | 5168 | 4945 | 6115 | ||||||||
| Asbestos-related liabilities | |||||||||||
| Paddock support agreement liability | 625 | 471 | 471 | ||||||||
| Other long-term liabilities | 1068 | 1167 | 1018 | ||||||||
| Share owners equity | 262 | 401 | 76 | ||||||||
| Total liabilities and share owners equity | $ 8825 | $ 8882 | $ 9504 | ||||||||
| v3 | |||||||||||||||||||||||||
| O-I GLASS INC | |||||||||||||||||||||||||
| Condensed Consolidated Results of Operations | |||||||||||||||||||||||||
| (Dollars in millions except per share amounts) | |||||||||||||||||||||||||
| Three months ended March 31 | Year ended December 31 | Nine months ended September 30 | Check | ||||||||||||||||||||||
| Unaudited | 2021 | 2020 | 2017 | 2016 | 2017 | 2016 | 2017 | 2016 | |||||||||||||||||
| Net sales | $ 1500 | $ 1561 | $ 6869 | $ 6702 | $ 5157 | $ 5060 | $ (212) | $ (81) | |||||||||||||||||
| Cost of goods sold | (1256) | (1293) | (5736) | (5490) | (4143) | (4063) | 337 | 134 | |||||||||||||||||
| Gross profit | 244 | 268 | 1133 | 1212 | 1014 | 997 | 125 | 53 | |||||||||||||||||
| Selling and administrative expense | (102) | (116) | (502) | (503) | (362) | (375) | 38 | 12 | |||||||||||||||||
| Research development and engineering expense | (18) | (16) | (60) | (65) | (46) | (48) | (4) | 1 | |||||||||||||||||
| Interest expense net | (51) | (53) | (268) | (272) | (204) | (199) | 13 | 20 | |||||||||||||||||
| Equity earnings | 18 | 15 | 77 | 60 | 55 | 44 | (4) | (1) | |||||||||||||||||
| Other expense net | (156) | (17) | (105) | (76) | (61) | (24) | (112) | 35 | |||||||||||||||||
| Earnings (loss) before income taxes | (65) | 81 | 275 | 356 | 396 | 395 | 56 | 120 | |||||||||||||||||
| Provision for income taxes | (26) | (26) | (70) | (119) | (65) | (93) | (21) | - | |||||||||||||||||
| Net earnings (loss) | (91) | 55 | 205 | 237 | 331 | 302 | 35 | 120 | |||||||||||||||||
| Net earnings attributable to noncontrolling interests | (6) | (5) | (22) | (21) | (15) | (16) | 1 | - | |||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| - 0 | - 0 | ||||||||||||||||||||||||
| Amounts attributable to the Company | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (97) | $ 50 | ERRORREF | $ 216 | $ 316 | $ 286 | ERRORREF | $ 120 | |||||||||||||||||
| Loss from discontinued operations | ERRORREF | (7) | (2) | (6) | ERRORREF | 1 | |||||||||||||||||||
| Net earnings | $ (97) | $ 50 | $ (22) | $ 209 | $ 314 | $ 280 | $ 239 | $ 121 | |||||||||||||||||
| $ -0 | $ -0 | ||||||||||||||||||||||||
| Amounts attributable to noncontrolling interests | $ -0 | $ -0 | |||||||||||||||||||||||
| Earnings from continuing operations | $ - | $ - | |||||||||||||||||||||||
| Earnings from discontinued operations | - | - | |||||||||||||||||||||||
| Loss on disposal of discontinued operations | - | - | |||||||||||||||||||||||
| Net earnings | $ - | $ - | $ - | $ - | $ - | $ - | |||||||||||||||||||
| Basic earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 112 Lea Stoehr Lea StoehrEPS file | $ 133 Lea Stoehr Lea StoehrEPS file | $ 194 | $ 176 | $ 020 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 111 | $ 129 | $ 193 | $ 172 | $ 020 | $ 075 | |||||||||||||||||
| Weighted average shares outstanding (thousands) | 157571 | 156081 | |||||||||||||||||||||||
| Diluted earnings per share | |||||||||||||||||||||||||
| Earnings from continuing operations | $ (062) | $ 032 | $ 111 Lea Stoehr Lea StoehrEPS file | $ 132 Lea Stoehr Lea StoehrEPS file | $ 192 | $ 175 | $ 019 | $ 075 | |||||||||||||||||
| Loss from discontinued operations | (001) | (004) | $ (001) | $ (004) | (000) | 000 | |||||||||||||||||||
| Net earnings (loss) attributable to the Company | $ (062) | $ 032 | $ 110 | $ 128 | $ 191 | $ 171 | $ 019 | $ 075 | |||||||||||||||||
| Diluted average shares (thousands) | 157571 | 157684 | |||||||||||||||||||||||
| Current Year | 2021 | ||
| Prior Year | 2020 |
| APPROXIMATE ANNUAL IMPACT ON | FX RATES AT KEY POINTS | ||||||||||||||||||
| EPS FROM 10 FX CHANGE | Apr 27st | March 31st | AVG | Avg | Avg | ||||||||||||||
| 2021 | 2021 | 1Q21 | 2020 | 2Q20 | |||||||||||||||
| EUR | 009 | EUR | 121 | 117 | 120 | 115 | 111 | ||||||||||||
| MXN | 003 | MXN | 2004 | 2061 | 2064 | 2156 | 2298 | ||||||||||||
| BRL | 003 | BRL | 545 | 577 | 558 | 521 | 538 | ||||||||||||
| COP | 001 | COP | 3716 | 3727 | 3627 | 3715 | 3791 | ||||||||||||
| Shares 2020 | 158671 | |||||||||||||||||||||||||||||||||||||||
| Tax Rate 2020 | 3270 | |||||||||||||||||||||||||||||||||||||||
| EUROPE | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX EUR | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | ||||||||||||||||||||||||||||
| New FX EUR | 12097 | 12154 | 11707 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | 13517 | ||||||||||||||||||||||||||||
| -2 | -1 | -5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Budget FX CHF | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | 08820 | ||||||||||||||||||||||||||||
| New FX CHF | 08896 | 09060 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | ||||||||||||||||||||||||||||
| EBIT As Is | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 84801 | 100161 | 100223 | 66163 | 351347 | |||||||||||||||||||||||
| EBIT USD | 12762 | 10662 | 14643 | 12585 | 14406 | 13843 | 17014 | 16412 | 12372 | 13681 | 13730 | 10553 | 38068 | 40834 | 45798 | 37964 | 162663 | |||||||||||||||||||||||
| 70 | CHF - Salaries amp Benefits | 2815 | 3216 | 3211 | 3317 | 3145 | 2984 | 2588 | 2838 | 2672 | 2615 | 2569 | 2501 | 9243 | 9446 | 8099 | 7684 | 34472 | ||||||||||||||||||||||
| EBIT EUR Denominated | 20741 | 12054 | 23181 | 20325 | 27076 | 21373 | 29744 | 17984 | 14796 | 14519 | 13072 | 8293 | 55976 | 68773 | 62524 | 35883 | 223156 | |||||||||||||||||||||||
| Translation | (322) | (131) | (1096) | 2032 | 2708 | 2137 | 2974 | 1798 | 1480 | 1452 | 1307 | 829 | (1550) | 6877 | 6252 | 3588 | 15168 | |||||||||||||||||||||||
| CHF Translation | (24) | (85) | (210) | (302) | (286) | (271) | (235) | (258) | (243) | (238) | (234) | (227) | (320) | (859) | (736) | (699) | (2613) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (124) | (87) | (378) | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | (590) | 2399 | 2399 | 2399 | 6608 | |||||||||||||||||||||||
| Trademarks | (35) | (24) | (106) | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | 224 | (165) | 671 | 671 | 671 | 1849 | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (001) | 001 | 001 | 001 | 002 | 001 | 001 | 001 | 001 | 001 | (001) | 004 | 004 | 003 | 009 | |||||||||||||||||||||||
| CENTRAL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | ||||||||||||||||||||||||||||
| New FX | 203524 | 209672 | 206091 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | 218753 | ||||||||||||||||||||||||||||
| 2 | 5 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 22833 | 31408 | 28449 | 14041 | 96730 | |||||||||||||||||||||||
| Translation | (241) | (205) | (292) | (837) | (1129) | (889) | (889) | (907) | (790) | (377) | (409) | (491) | (738) | (2855) | (2586) | (1276) | (7456) | |||||||||||||||||||||||
| Sales 3rd Party | 78 | 135 | 135 | 148 | 115 | 109 | 185 | 128 | 200 | 132 | 100 | 46 | 348 | 372 | 513 | 278 | 1512 | |||||||||||||||||||||||
| Royalties | (42) | (91) | (72) | (161) | (176) | (161) | (175) | (182) | (176) | (169) | (159) | (140) | (205) | (498) | (534) | (468) | (1704) | |||||||||||||||||||||||
| Trademarks | (13) | (27) | (22) | (48) | (53) | (48) | (52) | (55) | (53) | (50) | (47) | (42) | (61) | (149) | (160) | (139) | (509) | |||||||||||||||||||||||
| EPS Impact AMC | (000) | (000) | (000) | (000) | (001) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| BRAZIL | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | ||||||||||||||||||||||||||||
| New FX | 54392 | 55178 | 57736 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | 57102 | ||||||||||||||||||||||||||||
| 5 | 6 | 11 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 15040 | 12157 | 16602 | 17784 | 61584 | |||||||||||||||||||||||
| Translation | (282) | (224) | (511) | (327) | (421) | (358) | (455) | (537) | (517) | (568) | (526) | (522) | (1017) | (1105) | (1509) | (1617) | (5249) | |||||||||||||||||||||||
| Sales 3rd Party | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| Royalties | (36) | (44) | (79) | (63) | (64) | (68) | (73) | (77) | (76) | (76) | (78) | (80) | (159) | (195) | (225) | (234) | (814) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact BRAZIL | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | (001) | (001) | (003) | |||||||||||||||||||||||
| COLOMBIA | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | ||||||||||||||||||||||||||||
| New FX | 3558 | 3597 | 3727 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | 3761 | ||||||||||||||||||||||||||||
| 4 | 5 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 12780 | 16520 | 20188 | 15498 | 64986 | |||||||||||||||||||||||
| Translation | (172) | (192) | (371) | (514) | (536) | (452) | (596) | (613) | (625) | (617) | (498) | (294) | (735) | (1502) | (1835) | (1409) | (5481) | |||||||||||||||||||||||
| Sales 3rd Party | 107 | 164 | 241 | 328 | 359 | 286 | 390 | 433 | 351 | 416 | 388 | 302 | 512 | 974 | 1174 | 1106 | 3765 | |||||||||||||||||||||||
| Royalties | (5) | (7) | (12) | (16) | (16) | (16) | (19) | (19) | (20) | (19) | (17) | (13) | (25) | (48) | (58) | (49) | (180) | |||||||||||||||||||||||
| Trademarks | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||||
| EPS Impact COLOMBIA | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (000) | (001) | |||||||||||||||||||||||
| PERU | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | 1Q | 2Q | 3Q | 4Q | FY | |||||||||||||||||||||||
| Budget FX | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | ||||||||||||||||||||||||||||
| New FX | 36427 | 36475 | 37706 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | 39807 | ||||||||||||||||||||||||||||
| 1 | 1 | 4 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||||||||||||||||||||||||||
| Local Currency Entities | ||||||||||||||||||||||||||||||||||||||||
| Non Controllable EBIT As Is | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 7340 | 6883 | 8112 | 5766 | 28101 | |||||||||||||||||||||||
| Translation | (24) | (16) | (68) | (187) | (206) | (232) | (282) | (250) | (205) | (222) | (194) | (108) | (108) | (626) | (737) | (524) | (1995) | |||||||||||||||||||||||
| Sales 3rd Party | 20 | 18 | 96 | 239 | 276 | 242 | 309 | 268 | 295 | 268 | 338 | 152 | 134 | 757 | 872 | 758 | 2521 | |||||||||||||||||||||||
| Royalties | (3) | (3) | (12) | (29) | (31) | (32) | (34) | (35) | (35) | (32) | (31) | (23) | (18) | (92) | (103) | (86) | (300) | |||||||||||||||||||||||
| Trademarks | (1) | (1) | (4) | (8) | (9) | (10) | (10) | (11) | (11) | (10) | (10) | (7) | (6) | (27) | (32) | (27) | (92) | |||||||||||||||||||||||
| EPS Impact PERU | (000) | (000) | 000 | 000 | 000 | (000) | (000) | (000) | 000 | 000 | 000 | 000 | 000 | 000 | (000) | 000 | 000 |
| HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | HSP_InputValue | ||||||||||||||||||||||||||||
| Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | Total Custom2 | ||||||||||||||||||||||||||||
| January | February | March | April | May | June | July | August | September | October | November | December | YearTotal | ||||||||||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 10513 | 3985 | 8336 | 9202 | 12424 | 9781 | 9780 | 9981 | 8688 | 4147 | 4494 | 5400 | 96730 | |||||||||||||||||||||
| Total Mexico | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 209058 | 79242 | 165770 | 183006 | 247073 | 194521 | 194487 | 198483 | 172776 | 82460 | 89369 | 107393 | 1923639 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Total Mexico | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 1841 | 1758 | 2059 | 1774 | 1932 | 1769 | 1927 | 2007 | 1935 | 1859 | 1750 | 1537 | 22149 | |||||||||||||||||||||
| Total Mexico | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 36621 | 34964 | 40944 | 35277 | 38424 | 35182 | 38317 | 39916 | 38488 | 36971 | 34795 | 30575 | 440473 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 550 | 524 | 617 | 529 | 578 | 528 | 576 | 601 | 579 | 555 | 522 | 457 | 6617 | |||||||||||||||||||||
| Total Mexico | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10939 | 10429 | 12269 | 10526 | 11494 | 10496 | 11461 | 11953 | 11514 | 11047 | 10377 | 9079 | 131585 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico MR Adjustments (MXN) | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 12560 | 5924 | 10668 | 11162 | 14591 | 11735 | 11939 | 12245 | 10859 | 6218 | 6422 | 7051 | 121373 | |||||||||||||||||||||
| Mexico Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 211106 | 81181 | 168102 | 184966 | 249240 | 196474 | 196647 | 200747 | 174947 | 84531 | 91297 | 109043 | 1948281 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3416 | 2628 | 3843 | 1624 | 1269 | 1201 | 2040 | 1404 | 2198 | 1447 | 1101 | 511 | 22681 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 67924 | 52256 | 76416 | 32305 | 25242 | 23883 | 40566 | 27919 | 43703 | 28780 | 21899 | 10157 | 451049 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 34780 | 33206 | 38885 | 33503 | 36492 | 33413 | 36390 | 37908 | 36553 | 35112 | 33045 | 29038 | 418324 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Mexico Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 10389 | 9905 | 11652 | 9997 | 10916 | 9969 | 10885 | 11352 | 10935 | 10491 | 9856 | 8622 | 124969 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 2048 | 1939 | 2332 | 1960 | 2167 | 1953 | 2159 | 2265 | 2171 | 2071 | 1928 | 1650 | 24643 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | (1841) | (1758) | (2059) | (1774) | (1932) | (1769) | (1927) | (2007) | (1935) | (1859) | (1750) | (1537) | (22149) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Mexicousd entities | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | (550) | (524) | (617) | (529) | (578) | (528) | (576) | (601) | (579) | (555) | (522) | (457) | (6617) | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 6192 | 3786 | 5063 | 3594 | 4627 | 3937 | 5008 | 5910 | 5685 | 6251 | 5790 | 5742 | 61584 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 32142 | 19653 | 26282 | 18655 | 24018 | 20438 | 25996 | 30677 | 29512 | 32452 | 30059 | 29808 | 319690 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 791 | 741 | 785 | 690 | 707 | 752 | 801 | 847 | 832 | 833 | 863 | 876 | 9517 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 4108 | 3846 | 4075 | 3582 | 3668 | 3902 | 4158 | 4398 | 4319 | 4323 | 4480 | 4546 | 49405 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Brazil Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 4407 | 3879 | 4494 | 5652 | 5894 | 4974 | 6560 | 6748 | 6879 | 6787 | 5478 | 3234 | 64986 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 15067387 | 13263595 | 15364223 | 19325104 | 20152949 | 17004980 | 22428776 | 23071622 | 23520827 | 23203154 | 18728071 | 11055369 | 222186057 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 2736 | 3313 | 2924 | 3606 | 3953 | 3150 | 4288 | 4764 | 3858 | 4579 | 4263 | 3325 | 44759 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 9353229 | 11327116 | 9997013 | 12327312 | 13514966 | 10770900 | 14660926 | 16288460 | 13190884 | 15654758 | 14575462 | 11369644 | 153030671 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 139 | 146 | 151 | 181 | 171 | 177 | 212 | 210 | 215 | 208 | 187 | 140 | 2136 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 473829 | 499117 | 516517 | 619386 | 585125 | 604100 | 724460 | 717547 | 734407 | 711396 | 638632 | 479611 | 7304129 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Colombia Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 3612 | 2038 | 1690 | 2055 | 2270 | 2557 | 3104 | 2753 | 2254 | 2445 | 2134 | 1187 | 28101 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | EBIT | Total Custom 1 | Local | 2021 | Budget | Final | 13070 | 7377 | 6116 | 7438 | 8215 | 9254 | 11235 | 9962 | 8157 | 8847 | 7724 | 4295 | 101691 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | Local | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | 3051 | 2340 | 2373 | 2628 | 3039 | 2664 | 3399 | 2944 | 3250 | 2946 | 3722 | 1671 | 34026 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Sales -3rd Party | Export-3rd Party | Local | 2021 | Budget | Final | 11040 | 8470 | 8587 | 9511 | 10998 | 9641 | 12299 | 10653 | 11760 | 10661 | 13468 | 6046 | 123135 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 458 | 360 | 308 | 314 | 342 | 352 | 373 | 382 | 380 | 353 | 344 | 253 | 4220 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | Local | 2021 | Budget | Final | 1656 | 1303 | 1113 | 1138 | 1239 | 1274 | 1351 | 1383 | 1376 | 1279 | 1243 | 916 | 15271 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 147 | 107 | 93 | 93 | 101 | 107 | 113 | 118 | 119 | 112 | 109 | 80 | 1298 | |||||||||||||||||||||
| Total Peru Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | Local | 2021 | Budget | Final | 531 | 389 | 336 | 336 | 366 | 388 | 410 | 427 | 432 | 404 | 393 | 288 | 4698 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 30688 | 19500 | 34613 | 29593 | 38336 | 32232 | 44170 | 31557 | 24496 | 25585 | 24233 | 16345 | 351347 | |||||||||||||||||||||
| Europe Mgmt Reporting | EBIT | Total Custom 1 | EUR | 2021 | Budget | Final | 24974 | 15869 | 28168 | 24083 | 31198 | 26230 | 35946 | 25681 | 19935 | 20821 | 19721 | 13301 | 285927 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Foreign Exchange (Gain)Loss | Total Custom 1 | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Sales -3rd Party | Export-3rd Party | EUR | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Royalty Exp - Cost of Sales | Total Custom 1 | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| Europe Mgmt Reporting | Total Operating Expenses | Corp Trademark Fees | EUR | 2021 | Budget | Final | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||
| OI Europe Sarl | Royalties to OI Toledo | Total Custom 1 | USD | 2021 | Budget | Final | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 7998 | 95975 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Corp Trademark Fees | USD | 2021 | Budget | Final | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 2238 | 26853 | |||||||||||||||||||||
| (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (000000) | (001910) | ||||||||||||||||||||||||||||
| Total United Kingdom | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1629 | 1383 | 2256 | 1858 | 3068 | 1263 | 4092 | 4062 | 3364 | 3273 | 3499 | 1776 | 31524 | |||||||||||||||||||||
| OI Sales and Distribution UK Ltd | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Poland | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 2045 | 1051 | 2603 | 1724 | 1789 | 1622 | 2327 | 1989 | 1292 | 1275 | 1204 | 250 | 19172 | |||||||||||||||||||||
| OI Sales and Distribution Poland Sp Zoo | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Jarslow Machine Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (56) | 47 | 42 | (58) | 42 | 47 | (19) | 30 | (10) | 49 | 41 | 11 | 164 | |||||||||||||||||||||
| OI Poland Business Service Center | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | (407) | 103 | 248 | (67) | 361 | 1223 | 899 | 471 | 381 | 186 | 253 | (176) | 3475 | |||||||||||||||||||||
| OI Sales and Distribution Hungary | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| Total Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 1053 | (363) | 1042 | 737 | 695 | 1237 | 1269 | 1413 | (1104) | 292 | 278 | 253 | 6801 | |||||||||||||||||||||
| OI Sales and Distribution Czech | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| European Glass Group Admin | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 8499 | 8441 | 8452 | 8390 | 8451 | 8451 | 8447 | 8447 | 8450 | 8606 | 8455 | 8439 | 101527 | |||||||||||||||||||||
| Europe MR Adjustments | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |||||||||||||||||||||
| OI Europe Sarl | Total Operating Expenses | Total Controllable Operating Expenses | USD | 2021 | Budget | Final | 4022 | 4595 | 4588 | 4739 | 4493 | 4263 | 3697 | 4055 | 3818 | 3735 | 3669 | 3573 | 49246 | |||||||||||||||||||||
| Europe Mgmt Reportingusd entities | EBIT | Total Custom 1 | USD | 2021 | Budget | Final | 17926 | 8838 | 19969 | 17008 | 23930 | 18389 | 27156 | 15145 | 12124 | 11904 | 10503 | 5792 | 188684 |
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End SIMULATION | 10 | Change | ||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | SPOT | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | RATE | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | 9255521 | ||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | 571021 | |||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | 37609 | |||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | 398068 | |||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | 7656 | |||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | 637802 | |||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | 2187526 | |||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | 140195 | |||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | 135168 | ||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | 09702 | |||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | 149754 | |||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | 409805 | |||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | 2344914 | |||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | 326623 | |||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | 7016702 | |||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | 8177389 | |||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | 084678 | ||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | 079409 | |||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | 718311 | |||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | 852731 | |||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | 15444 | |||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | 145508 | |||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | 253913 | |||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | 32934 | |||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | 782408 | ||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | 113487 | |||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | 1193071 | |||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | 309078 | |||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | 441155 | |||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | 378873 | |||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | 528077 | |||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | 30877 | |||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | 810623 | |||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | 1607584 | |||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | 80399 | |||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | 412665 | |||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | 1172985 | ||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | 099286 | |||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | 119218 | |||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | ||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 841411 | 8720000 | |||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 51911 | 543920 | ||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 3419 | 355800000 | ||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 36188 | 364270 | ||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | ||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 57982 | 5799800 | ||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 198866 | 2035240 | ||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 12745 | 128700 | ||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 12288 | 120970 | |||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 0882 | 088960 | ||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 13614 | 137030 | ||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 37255 | 375170 | ||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 213174 | 2154860 | ||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29693 | 29639000 | ||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 637882 | 657980 | ||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 743399 | 7617880 | ||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 07698 | 076430 | |||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 07219 | 071520 | ||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 65301 | 646100 | ||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 77521 | 775270 | ||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 14040 | 1403000000 | ||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 13228 | 133130 | ||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 23083 | 2305200000 | ||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2994 | 2998400 | ||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 71128 | 73815000 | |||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10317 | 10452000 | ||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 108461 | 111940000 | ||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 28098 | 285390 | ||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 40105 | 405350 | ||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 34443 | 348640 | ||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 48007 | 4807500 | ||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2807 | 2803300 | ||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 73693 | 736220 | ||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 146144 | 1526290 | ||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7309 | 7298750 | ||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 37515 | 375070 | ||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106635 | 106865 | |||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 09026 | 088280 | ||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 10838 | 107615 | ||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2021 | ||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-21 | Feb-21 | Mar-21 | Apr-21 | May-21 | Jun-21 | Jul-21 | Aug-21 | Sep-21 | Oct-21 | Nov-21 | Dec-21 | Average | High | Low | ||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 872 | 8975 | 919508 | 8720000 | 8720000 | 8720000 | 8720000 | ||||||||||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 54392 | 55178 | 57736 | 543920 | 543920 | 543920 | 543920 | |||||||||||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 3558 | 359681 | 372672 | 355800000 | 355800000 | 355800000 | 355800000 | |||||||||||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 36427 | 36475 | 37706 | 364270 | 364270 | 364270 | 364270 | |||||||||||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 696000 | ||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 57998 | 57789 | 56623 | 5799800 | 5799800 | 5799800 | 5799800 | |||||||||||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 203524 | 209672 | 206091 | 2035240 | 2035240 | 2035240 | 2035240 | |||||||||||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 1287 | 12617 | 12622 | 128700 | 128700 | 128700 | 128700 | |||||||||||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 12097 | 12154 | 11707 | 120970 | 120970 | 120970 | 120970 | ||||||||||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 08896 | 0906 | 09438 | 088960 | 088960 | 088960 | 088960 | |||||||||||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13703 | 13959 | 13724 | 137030 | 137030 | 137030 | 137030 | |||||||||||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 37517 | 37212 | 39797 | 375170 | 375170 | 375170 | 375170 | |||||||||||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 215486 | 215912 | 223301 | 2154860 | 2154860 | 2154860 | 2154860 | |||||||||||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 29639 | 29784 | 31019 | 29639000 | 29639000 | 29639000 | 29639000 | |||||||||||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 65798 | 670633 | 675915 | 657980 | 657980 | 657980 | 657980 | |||||||||||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 761788 | 7454 | 757817 | 7617880 | 7617880 | 7617880 | 7617880 | |||||||||||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 07643 | 0783 | 07597 | 076430 | 076430 | 076430 | 076430 | ||||||||||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 07152 | 07345 | 06974 | 071520 | 071520 | 071520 | 071520 | |||||||||||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 6461 | 6471 | 65632 | 646100 | 646100 | 646100 | 646100 | |||||||||||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 77527 | 77551 | 7775 | 775270 | 775270 | 775270 | 775270 | |||||||||||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 14030 | 14200 | 14540 | 1403000000 | 1403000000 | 1403000000 | 1403000000 | |||||||||||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13313 | 13286 | 13476 | 133130 | 133130 | 133130 | 133130 | |||||||||||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23052 | 23017 | 23074 | 2305200000 | 2305200000 | 2305200000 | 2305200000 | |||||||||||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 29984 | 30312 | 31375 | 2998400 | 2998400 | 2998400 | 2998400 | |||||||||||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 73815 | 7138 | 72993 | 73815000 | 73815000 | 73815000 | 73815000 | ||||||||||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10452 | 10624 | 11084 | 10452000 | 10452000 | 10452000 | 10452000 | |||||||||||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 11194 | 11227 | 11327 | 111940000 | 111940000 | 111940000 | 111940000 | |||||||||||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 28539 | 28403 | 29492 | 285390 | 285390 | 285390 | 285390 | |||||||||||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40535 | 405 | 41555 | 405350 | 405350 | 405350 | 405350 | |||||||||||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 34864 | 34728 | 34072 | 348640 | 348640 | 348640 | 348640 | |||||||||||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 48075 | 48838 | 48563 | 4807500 | 4807500 | 4807500 | 4807500 | |||||||||||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 28033 | 27826 | 28513 | 2803300 | 2803300 | 2803300 | 2803300 | |||||||||||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 73622 | 74188 | 83084 | 736220 | 736220 | 736220 | 736220 | |||||||||||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 152629 | 15045 | 149365 | 1526290 | 1526290 | 1526290 | 1526290 | |||||||||||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 729875 | 73045 | 73485 | 7298750 | 7298750 | 7298750 | 7298750 | |||||||||||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37507 | 37502 | 37503 | 375070 | 375070 | 375070 | 375070 | |||||||||||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 106865 | 106603 | 108933 | 106865 | 106865 | 106865 | 106865 | ||||||||||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 08828 | 087069 | 085303 | 088280 | 088280 | 088280 | 088280 | |||||||||||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 107615 | 110115 | 110491 | 107615 | 107615 | 107615 | 107615 | |||||||||||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2020 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-20 | Feb-20 | Mar-20 | Apr-20 | May-20 | Jun-20 | Jul-20 | Aug-20 | Sep-20 | Oct-20 | Nov-20 | Dec-20 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 60246 | 621341 | 64464 | 6674 | 68439 | 703918 | 7225 | 739883 | 761102 | 782887 | 81058 | 841411 | 7152093 | 8414110 | 6024600 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 42464 | 44903 | 51924 | 53342 | 54059 | 54023 | 5153 | 5387 | 56312 | 57774 | 53354 | 51911 | 521222 | 577740 | 424640 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 34133 | 3499 | 405405 | 39217 | 369789 | 375371 | 372175 | 374842 | 388565 | 385525 | 360436 | 3419 | 371450667 | 405405000 | 341330000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 33647 | 34333 | 34365 | 33658 | 34365 | 35227 | 35117 | 35328 | 35971 | 36106 | 36017 | 36188 | 350268 | 361880 | 336470 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 52674 | 53093 | 53678 | 54456 | 57275 | 58076 | 58335 | 57922 | 58038 | 5824 | 58155 | 57982 | 5649367 | 5833500 | 5267400 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 187562 | 195268 | 239454 | 237426 | 221609 | 23033 | 220036 | 2178 | 224419 | 21368 | 200542 | 198866 | 2155827 | 2394540 | 1875620 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 13204 | 13444 | 14199 | 13865 | 13763 | 13663 | 13422 | 13082 | 13404 | 13312 | 1299 | 12745 | 134244 | 141990 | 127450 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 11024 | 10995 | 1101 | 10858 | 11098 | 11237 | 11893 | 11902 | 11734 | 11681 | 11969 | 12288 | 114741 | 122880 | 108580 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 09706 | 09676 | 09601 | 09747 | 09627 | 09516 | 09065 | 09042 | 09209 | 09145 | 09034 | 0882 | 093490 | 097470 | 088200 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 13097 | 12882 | 12332 | 12465 | 12344 | 12298 | 13129 | 13339 | 12841 | 12916 | 13338 | 13614 | 128829 | 136140 | 122980 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 38927 | 3938 | 41288 | 41828 | 40114 | 39606 | 37075 | 36844 | 38614 | 39562 | 37441 | 37255 | 389945 | 418280 | 368440 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 22887 | 23066 | 247565 | 24932 | 242893 | 23819 | 220513 | 219209 | 231743 | 234209 | 218839 | 213174 | 2312654 | 2493200 | 2131740 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 30568 | 30842 | 32569 | 32597 | 31455 | 31679 | 28997 | 29692 | 31108 | 31485 | 3018 | 29693 | 30905417 | 32597000 | 28997000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 468123 | 493708 | 571683 | 579187 | 599947 | 607056 | 612846 | 641161 | 660765 | 674858 | 638594 | 637882 | 598818 | 674858 | 468123 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 631686 | 6665 | 793185 | 72783 | 70542 | 700054 | 731552 | 74037 | 789805 | 786921 | 760592 | 743399 | 7314428 | 7931850 | 6316860 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 06721 | 06524 | 0617 | 06562 | 06649 | 0688 | 07218 | 0735 | 07118 | 07045 | 0739 | 07698 | 069438 | 076980 | 061700 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 06486 | 06237 | 06015 | 06144 | 06206 | 06422 | 06704 | 06726 | 06586 | 06626 | 07032 | 07219 | 065336 | 072190 | 060150 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 69109 | 70114 | 70877 | 70547 | 71501 | 70671 | 69869 | 68515 | 68111 | 66829 | 65845 | 65301 | 689408 | 715010 | 653010 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 7769 | 77978 | 77542 | 77505 | 77532 | 77503 | 77499 | 77502 | 775 | 77519 | 77511 | 77521 | 775668 | 779780 | 774990 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13650 | 14170 | 16335 | 14925 | 14650 | 14225 | 14530 | 14544 | 14850 | 14625 | 14080 | 14040 | 1455200000 | 1633500000 | 1365000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 13618 | 13984 | 14243 | 14102 | 14133 | 13936 | 13698 | 13592 | 13689 | 13646 | 13372 | 13228 | 137701 | 142430 | 132280 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23221 | 23238 | 23633 | 23309 | 23280 | 23204 | 23171 | 23174 | 23183 | 23177 | 23143 | 23083 | 2323466667 | 2363300000 | 2308300000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 31112 | 31661 | 32624 | 32326 | 31825 | 30872 | 31199 | 31082 | 31671 | 312 | 30268 | 2994 | 3131500 | 3262400 | 2994000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 79599 | 81441 | 85123 | 83475 | 8077 | 81928 | 75903 | 7783 | 7865 | 77228 | 767 | 71128 | 79147917 | 85123000 | 71128000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10908 | 1089 | 10829 | 10654 | 10713 | 10773 | 10429 | 10563 | 10551 | 10435 | 10388 | 10317 | 10620833 | 10908000 | 10317000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 118807 | 121638 | 12195 | 120616 | 12371 | 1198 | 11885 | 118422 | 116833 | 112881 | 11056 | 108461 | 117710667 | 123710000 | 108461000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 3132 | 31404 | 31355 | 31797 | 31105 | 30722 | 29031 | 29006 | 29423 | 29557 | 28845 | 28098 | 301386 | 317970 | 280980 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 40875 | 4226 | 4295 | 4316 | 435 | 42795 | 42375 | 4163 | 4157 | 4158 | 4069 | 40105 | 419575 | 435000 | 401050 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 33357 | 33234 | 34141 | 34056 | 33572 | 34503 | 33732 | 34018 | 34297 | 34648 | 34516 | 34443 | 340431 | 346480 | 332340 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 50894 | 51024 | 50757 | 5037 | 50585 | 49795 | 49032 | 48314 | 4842 | 4838 | 48118 | 48007 | 4947467 | 5102400 | 4800700 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 30232 | 3024 | 30253 | 2976 | 29983 | 29448 | 29333 | 29376 | 28985 | 28598 | 2855 | 2807 | 2940233 | 3025300 | 2807000 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 59742 | 6216 | 65765 | 69528 | 68135 | 68476 | 69639 | 73286 | 78001 | 8311 | 7835 | 73693 | 708238 | 831100 | 597420 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 147542 | 156154 | 179346 | 181579 | 174636 | 172523 | 167385 | 165789 | 169531 | 163508 | 152422 | 146144 | 1647133 | 1815790 | 1461440 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 714525 | 7196 | 755575 | 75 | 75635 | 7553 | 747325 | 7335 | 738125 | 74105 | 740425 | 7309 | 7402229 | 7563500 | 7145250 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 37516 | 37516 | 37587 | 37572 | 37551 | 37506 | 37506 | 37503 | 37508 | 37501 | 37505 | 37515 | 375238 | 375870 | 375010 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 103623 | 104602 | 102577 | 106803 | 107138 | 107132 | 107667 | 109277 | 108078 | 106324 | 105091 | 106635 | 106246 | 109277 | 102577 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 084172 | 085352 | 08928 | 087108 | 089906 | 091373 | 090586 | 089227 | 091379 | 090438 | 089736 | 09026 | 089068 | 091379 | 084172 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 106999 | 106388 | 105707 | 105833 | 10684 | 106931 | 10781 | 107618 | 108058 | 106823 | 108128 | 10838 | 107126 | 108380 | 105707 | 107615 | |||||||||||||||||||||||
| OWENS ILLINOIS INC | Exchange Rates - Calendar Month End - 2019 | |||||||||||||||||||||||||||||||||||||||||
| Accounting Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | ||||||||||||||||||||||||||||||
| FROM | TO | Currency | Jan-19 | Feb-19 | Mar-19 | Apr-19 | May-19 | Jun-19 | Jul-19 | Aug-19 | Sep-19 | Oct-19 | Nov-19 | Dec-19 | Average | High | Low | |||||||||||||||||||||||||
| AMERICAS | USD | ARS | USDARS | Argentine Peso | 3741050 | 3878 | 43635 | 4432 | 4454500 | 42675 | 43935 | 578655 | 5732 | 596945 | 597375 | 5985 | 4956573 | 5985000 | 3741050 | 8720000 | ||||||||||||||||||||||
| USD | BRL | USDBRL | Brazilian Real | 367900 | 37287 | 39005 | 39413 | 398090 | 38194 | 37903 | 41696 | 41571 | 39899 | 42107 | 40214 | 394617 | 421070 | 367900 | 543920 | |||||||||||||||||||||||
| USD | COP | USDCOP | Colombian Peso | 316290000 | 306967 | 317552 | 325128 | 336260000 | 319593 | 330106 | 343599 | 345776 | 338689 | 350988 | 328075 | 329342091 | 350988000 | 306967000 | 355800000 | |||||||||||||||||||||||
| USD | PEN | USDPEN | Peru New Sol | 335150 | 32958 | 33195 | 33099 | 336450 | 32892 | 32855 | 33937 | 33805 | 33433 | 33932 | 33148 | 333426 | 339370 | 328550 | 364270 | |||||||||||||||||||||||
| USD | BOB | USDBOB | Bolivian Boliviano | 696000 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696 | 696000 | 696000 | 696000 | 690690 | |||||||||||||||||||||||
| USD | DOP | USDDOP | Dominican Rep Peso | 5030900 | 50171 | 5028 | 50701 | 5028500 | 50643 | 5072 | 50774 | 524 | 5281 | 52856 | 5295 | 5132855 | 5295000 | 5017100 | 5799800 | |||||||||||||||||||||||
| USD | MXN | USDMXN | Mexico Peso | 1913710 | 191613 | 193584 | 190288 | 1955140 | 191857 | 190491 | 201595 | 196839 | 190735 | 195127 | 189251 | 1929774 | 2015950 | 1892510 | 2035240 | |||||||||||||||||||||||
| USD | CAD | USDCAD | Canadian Dollar | 131290 | 13154 | 13438 | 13461 | 135380 | 13097 | 13138 | 13301 | 13234 | 13158 | 13286 | 13051 | 132225 | 134610 | 130510 | 128700 | |||||||||||||||||||||||
| EUROPE | EUR | USD | EURUSD | EURO | 115040 | 11377 | 1123 | 11189 | 111280 | 11362 | 11155 | 11047 | 10936 | 11164 | 1101 | 11202 | 111978 | 115040 | 109360 | 120970 | ||||||||||||||||||||||
| USD | CHF | USDCHF | Swiss Franc | 099260 | 09986 | 09959 | 1019 | 100530 | 09755 | 09911 | 09873 | 09911 | 09872 | 09985 | 09679 | 099134 | 101900 | 096790 | 088960 | |||||||||||||||||||||||
| GBP | USD | GBPUSD | Pound Sterling | 131260 | 13303 | 13068 | 12944 | 126070 | 12668 | 1216 | 12183 | 12296 | 12926 | 12912 | 13118 | 127913 | 133030 | 121600 | 137030 | |||||||||||||||||||||||
| USD | PLN | USDPLN | Poland Zloty | 372470 | 37912 | 38234 | 38356 | 385280 | 37408 | 38524 | 39704 | 40057 | 38128 | 39233 | 37958 | 384328 | 400570 | 372470 | 375170 | |||||||||||||||||||||||
| USD | CZK | USDCZK | Czech Koruna | 2238300 | 22522 | 22965 | 22923 | 2320450 | 22385 | 230019 | 234362 | 23629 | 228556 | 232165 | 226645 | 2290743 | 2362900 | 2238300 | 2154860 | |||||||||||||||||||||||
| USD | HUF | USDHUF | Hungary Forint | 27437000 | 27792 | 28516 | 28878 | 29197000 | 28494 | 29349 | 29989 | 30652 | 29494 | 30499 | 29533 | 29148455 | 30652000 | 27437000 | 29639000 | |||||||||||||||||||||||
| EUR | BRL | EURBRL | Brazilian Real | 423232 | 424214 | 438026 | 440992 | 442995 | 43396 | 422808 | 460616 | 45462 | 445432 | 463598 | 450477 | 441634 | 463598 | 422808 | 657980 | |||||||||||||||||||||||
| USD | RUB | USDRUB | Russian Rouble | 6538700 | 657042 | 647791 | 644333 | 6525850 | 630529 | 63485 | 66505 | 645088 | 637495 | 640362 | 619672 | 6432802 | 6650500 | 6196720 | 7617880 | |||||||||||||||||||||||
| ASIA PAC | AUD | USD | AUDUSD | Australian Dollar | 072670 | 07144 | 0709 | 07045 | 069180 | 0701 | 06897 | 06717 | 06755 | 06923 | 06775 | 07005 | 069662 | 072670 | 067170 | 076430 | ||||||||||||||||||||||
| NZD | USD | NZDUSD | New Zealand Dollar | 069140 | 06847 | 06789 | 06665 | 065110 | 06699 | 06599 | 06298 | 06268 | 06424 | 06422 | 06729 | 066049 | 069140 | 062680 | 071520 | |||||||||||||||||||||||
| USD | CNY | USDCNY | China Renminbi | 669840 | 6681 | 67244 | 67368 | 690830 | 68727 | 68809 | 71506 | 71231 | 70384 | 70321 | 69759 | 690130 | 715060 | 668100 | 646100 | |||||||||||||||||||||||
| USD | HKD | USDHKD | Hong Kong Dollar | 784480 | 78494 | 78499 | 7845 | 784690 | 781 | 78254 | 78451 | 7841 | 78354 | 78269 | 77845 | 783249 | 784990 | 778450 | 775270 | |||||||||||||||||||||||
| USD | IDR | USDIDR | Indonesian Rupiah | 13980 | 14065 | 14230 | 14225 | 1437300000 | 14125 | 14008 | 14225 | 14170 | 14008 | 14110 | 13870 | 1409236364 | 1423000000 | 1387000000 | 1403000000 | |||||||||||||||||||||||
| USD | SGD | USDSGD | Singapore Dollar | 134590 | 13486 | 13556 | 1362 | 137870 | 13536 | 13692 | 13884 | 13815 | 13604 | 13663 | 13471 | 136169 | 138840 | 134590 | 133130 | |||||||||||||||||||||||
| USD | VND | USDVND | Viecirct Nam dong | 23199 | 23198 | 23175 | 23280 | 2341300000 | 23299 | 23200 | 23195 | 23201 | 23199 | 23195 | 23172 | 2321027273 | 2329900000 | 2317200000 | 2305200000 | |||||||||||||||||||||||
| USD | THB | USDTHB | Thailand Baht | 3123900 | 31461 | 31808 | 31933 | 3177500 | 30743 | 30772 | 30637 | 30587 | 30187 | 30229 | 2987 | 3086055 | 3193300 | 2987000 | 2998400 | |||||||||||||||||||||||
| OTHER | USD | CLP | USDCLP | Chilean Peso | 66726000 | 65056 | 68319 | 67936 | 70901000 | 67977 | 70109 | 72096 | 72652 | 73834 | 82799 | 75163 | 71151545 | 82799000 | 65056000 | 73815000 | ||||||||||||||||||||||
| USD | JPY | USDJPY | Japanese Yen | 10880000 | 11089 | 11072 | 11149 | 10896000 | 10764 | 10854 | 10636 | 10788 | 10866 | 10947 | 10869 | 10901273 | 11149000 | 10636000 | 10452000 | |||||||||||||||||||||||
| USD | KRW | USDKRW | Korean Won | 111040000 | 111855 | 113511 | 11641 | 119060000 | 11562 | 11805 | 12081 | 119827 | 11608 | 11812 | 115568 | 116081000 | 120810000 | 111040000 | 111940000 | |||||||||||||||||||||||
| USD | LTL | USDLTL | Lithuania Litas | 300140 | 30349 | 30745 | 30856 | 310260 | 30387 | 30953 | 31255 | 31572 | 30925 | 31359 | 30822 | 308397 | 315720 | 300140 | 285390 | |||||||||||||||||||||||
| USD | MYR | USDMYR | Malaysia Ringgit | 408600 | 4069 | 40815 | 4134 | 419650 | 4141 | 4127 | 4221 | 4186 | 41755 | 4171 | 4092 | 413491 | 422100 | 406900 | 405350 | |||||||||||||||||||||||
| USD | PGK | USDPGK | Papau NG Kina | 328410 | 32841 | 32895 | 32841 | 328950 | 33003 | 33113 | 33167 | 33321 | 33177 | 3329 | 33768 | 331143 | 337680 | 328410 | 348640 | |||||||||||||||||||||||
| USD | PHP | USDPHP | Philippine Peso | 5205600 | 51729 | 52593 | 52025 | 5225500 | 51209 | 5081 | 5216 | 51763 | 50764 | 50809 | 5068 | 5150891 | 5259300 | 5068000 | 4807500 | |||||||||||||||||||||||
| USD | TWD | USDTWD | Taiwanese Dollar | 3066600 | 30794 | 3085 | 30925 | 3161500 | 31006 | 31082 | 31321 | 3103 | 30395 | 30525 | 29981 | 3077955 | 3132100 | 2998100 | 2803300 | |||||||||||||||||||||||
| USD | TRL | USDTRL | Turkish Lira | 521710 | 53184 | 55715 | 59545 | 590660 | 5776 | 55591 | 58369 | 56673 | 5707 | 57589 | 59483 | 566500 | 595450 | 521710 | 736220 | |||||||||||||||||||||||
| USD | ZAR | USDZAR | So African Rand | 1331760 | 13933 | 145893 | 143317 | 1481780 | 141702 | 141787 | 15335 | 151298 | 149581 | 147129 | 141242 | 1443459 | 1533500 | 1331760 | 1526290 | |||||||||||||||||||||||
| USD | INR | USDINR | India Rupee | 7099750 | 71135 | 690775 | 6982 | 6977250 | 689725 | 68865 | 7174 | 7064 | 70745 | 716975 | 712825 | 7045205 | 7174000 | 6886500 | 7298750 | |||||||||||||||||||||||
| USD | SAR | USDSAR | Saudi Arabia Riyal | 375030 | 375 | 37501 | 37501 | 375000 | 375 | 37503 | 37499 | 37513 | 37501 | 37497 | 37507 | 375023 | 375130 | 374970 | 375070 | |||||||||||||||||||||||
| KEY CROSS RATES | AUD | NZD | AUDNZD | 1 Aus Dollar to NZ Dollar | 105106 | 104338 | 104434 | 105701 | 106251 | 104642 | 104516 | 106653 | 10777 | 107768 | 105497 | 104102 | 105502 | 107770 | 104102 | 106865 | ||||||||||||||||||||||
| EUR | GBP | EURGBP | 1 Euro to the Pound | 087643 | 085522 | 085935 | 086442 | 088268 | 089691 | 091735 | 090676 | 088939 | 086369 | 08527 | 085394 | 087601 | 091735 | 085270 | 088280 | |||||||||||||||||||||||
| EUR | CHF | EURCHF | 1 Euro to the Swiss Franc | 114189 | 113611 | 11184 | 114016 | 111870 | 110836 | 110557 | 109067 | 108387 | 110211 | 109935 | 108424 | 111007 | 114189 | 108387 | 107615 | |||||||||||||||||||||||
