O-I Glass Inc DE

For the period ended Dec 31, 2023. Filed Feb 14, 2024.

About this filing

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FY2023 · Filed Feb 14, 2024

OI$5.11-2.5%Stored close · as of Nov 10, 2026

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Contents

Consolidated Results of Operations

Dollars in millions, except per share amounts


· · · · · · ·
Years ended December 31, · 2023 · 2022 · 2021
Net sales	$7,105	$6,856	$6,357
Cost of goods sold	(5,609)	(5,643)	(5,266)
Gross profit	1,496	1,213	1,091
Selling and administrative expense	(540)	(496)	(433)
Research, development and engineering expense	(92)	(79)	(82)
Interest expense, net	(342)	(239)	(216)
Equity earnings	127	107	90
Other income (expense), net (incl. goodwill impairment)	(582)	299	(118)
Earnings from continuing operations before income taxes	67	805	332
Provision for income taxes	(152)	(178)	(167)
Earnings (loss) from continuing operations	(85)	627	165
Gain from discontinued operations			7
Net earnings (loss)	(85)	627	172
Net earnings attributable to noncontrolling interests	(18)	(43)	(23)
Net earnings (loss) attributable to the Company	$(103)	$584	$149
Amounts attributable to the Company:
Earnings (loss) from continuing operations	$(103)	$584	$142
Gain from discontinued operations	—	—	7
Net earnings (loss)	$(103)	$584	$149
Basic earnings per share:
Earnings (loss) from continuing operations	$(0.67)	$3.76	$0.90
Gain from discontinued operations			0.05
Net earnings (loss)	$(0.67)	$3.76	$0.95
Diluted earnings per share:
Earnings (loss) from continuing operations	$(0.67)	$3.67	$0.88
Gain from discontinued operations			0.05
Net earnings (loss)	$(0.67)	$3.67	$0.93

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.