O-I Glass Inc DE
For the period ended Dec 31, 2024. Filed Feb 12, 2025.
View on SEC.govAbout this filing
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FY2024 · Filed Feb 12, 2025
OI$5.11-2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Results of Operations
Dollars in millions, except per share amounts
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
| · · · · · · | |||||||||
| Years ended December 31, · 2024 · 2023 · 2022 | |||||||||
| Net sales | $6,531 | | $7,105 | | $6,856 | | |||
| Cost of goods sold | (5,486) | | (5,609) | | (5,643) | | |||
| Gross profit | 1,045 | | 1,496 | | 1,213 | | |||
| Selling and administrative expense | (445) | | (540) | | (496) | | |||
| Research, development and engineering expense | (80) | | (92) | | (79) | | |||
| Interest expense, net | (335) | | (342) | | (239) | | |||
| Equity earnings | 79 | | 127 | | 107 | | |||
| Other income (expense), net (incl. goodwill impairment) | (226) | | (582) | | 299 | | |||
| Earnings before income taxes | 38 | | 67 | | 805 | | |||
| Provision for income taxes | (126) | | (152) | | (178) | | |||
| Net earnings (loss) | (88) | | (85) | | 627 | | |||
| Net earnings attributable to noncontrolling interests | (18) | | (18) | | (43) | | |||
| Net earnings (loss) attributable to the Company | $(106) | | $(103) | | $584 | | |||
| | | | | | | | | | |
| Basic earnings per share: | | | | | | | | | |
| Net earnings (loss) attributable to the company | $(0.69) | | $(0.67) | | $3.76 | | |||
| Diluted earnings per share: | | | | | | | | | |
| Net earnings (loss) attributable to the company | $(0.69) | | $(0.67) | | $3.67 | | |||
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