← O-I Glass, Inc. /DE/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $209.0m | $180.0m | $257.0m | ($400.0m) | $249.0m | $149.0m | $584.0m | ($103.0m) | ($106.0m) | ($129.0m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $230.0m | $202.0m | $282.0m | ($382.0m) | $264.0m | $172.0m | $627.0m | ($85.0m) | ($88.0m) | ($103.0m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $216.0m | $183.0m | $144.0m | ($397.0m) | $249.0m | $142.0m | $584.0m | ($103.0m) | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $237.0m | $205.0m | $169.0m | ($379.0m) | $264.0m | $165.0m | $627.0m | ($85.0m) | ($88.0m) | ($103.0m) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($7.0m) | ($3.0m) | $113.0m | ($3.0m) | — | $7.0m | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $7.0m | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $21.0m | $22.0m | $25.0m | $18.0m | $15.0m | $23.0m | $43.0m | $18.0m | $18.0m | $26.0m | |
| Depreciation, Depletion and Amortization | $478.0m | $488.0m | $494.0m | $499.0m | $468.0m | $449.0m | $454.0m | $483.0m | $486.0m | $479.0m | |
| Amortization of Deferred Charges | $103.0m | $101.0m | $106.0m | $109.0m | $99.0m | $93.0m | $102.0m | $98.0m | $91.0m | $88.0m | |
| Amortization of Debt Issuance Costs and Discounts | $13.0m | $13.0m | $13.0m | $10.0m | $14.0m | $14.0m | $11.0m | $11.0m | $10.0m | $10.0m | |
| Amortization of Intangible Assets | — | — | $40.0m | $41.0m | — | $34.0m | $33.0m | $32.0m | $29.0m | $27.0m | |
| Depreciation | $375.0m | $387.0m | $388.0m | $390.0m | $369.0m | $356.0m | $352.0m | $385.0m | $395.0m | $391.0m | |
| Deferred Income Tax Expense (Benefit) | ($4.0m) | ($12.0m) | ($9.0m) | $7.0m | ($5.0m) | $5.0m | $22.0m | $25.0m | $7.0m | ($65.0m) | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | — | — | — | $43.0m | $14.0m | $25.0m | |
| Share-based Payment Arrangement, Expense | $15.0m | $18.0m | $27.0m | $10.0m | $11.0m | $8.0m | $33.0m | $43.0m | $14.0m | $25.0m | |
| Equity Method Investment, Other than Temporary Impairment | $25.0m | — | — | — | — | — | — | — | $25.0m | — | |
| Goodwill, Impairment Loss | — | — | — | $595.0m | — | — | — | $445.0m | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $22.0m | $36.0m | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | $0 | $0 | — | — | — | — | — | — | |
| Restructuring Costs and Asset Impairment Charges | $98.0m | $72.0m | $92.0m | $69.0m | $96.0m | $28.0m | $50.0m | $97.0m | $208.0m | $445.0m | |
| Gain (Loss) on Disposition of Business | — | — | — | — | $275.0m | — | — | — | — | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | $84.0m | $55.0m | $4.0m | $6.0m | $5.0m | |
| Income (Loss) from Equity Method Investments | $60.0m | $77.0m | $77.0m | $78.0m | $37.0m | $90.0m | $107.0m | $127.0m | $79.0m | $119.0m | |
| Income Tax Expense (Benefit) | $119.0m | $70.0m | $108.0m | $118.0m | $89.0m | $167.0m | $178.0m | $152.0m | $126.0m | $54.0m | |
| Other Nonoperating Income (Expense) | — | — | $41.0m | ($4.0m) | ($9.0m) | $3.0m | ($6.0m) | ($10.0m) | ($3.0m) | $3.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | ($16.0m) | ($2.0m) | $29.0m | $26.0m | ($75.0m) | $32.0m | $61.0m | $174.0m | ($35.0m) | ($41.0m) | |
| Increase (Decrease) in Accounts Payable | ($58.0m) | $69.0m | $67.0m | ($62.0m) | ($67.0m) | $161.0m | $146.0m | ($102.0m) | ($95.0m) | ($45.0m) | |
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | ($14.0m) | — | — | — | — | — | |
| Environmental Remediation Expense | — | — | — | — | — | — | — | — | $11.0m | $4.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($6.0m) | ($5.0m) | ($6.0m) | ($5.0m) | ($4.0m) | ($3.0m) | ($2.0m) | ($4.0m) | $1.0m | ($6.0m) | |
| Gain (Loss) on Investments | — | — | — | $107.0m | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | $71.0m | — | — | — | — | |
| Goodwill | $2.5b | $2.6b | $2.5b | $1.9b | $2.0b | $1.8b | $1.8b | $1.5b | $1.3b | $1.5b | |
| Payments of Financing Costs | $9.0m | $28.0m | $13.0m | $85.0m | $51.0m | $16.0m | $29.0m | $22.0m | $13.0m | $18.0m | |
| Pension Cost (Reversal of Cost) | $31.0m | $29.0m | $32.0m | — | — | — | — | — | — | — | |
| Pension Expense (Reversal of Expense), Noncash | — | — | — | $32.0m | $38.0m | $32.0m | $34.0m | $30.0m | $32.0m | $31.0m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $6.9b | $6.7b | $6.1b | $6.4b | $6.9b | $7.1b | $6.5b | $6.4b | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | ($26.0m) | ($74.0m) | $20.0m | $19.0m | ($5.0m) | ($5.0m) | |
| Other Operating Income (Expense), Net | ($76.0m) | ($105.0m) | ($269.0m) | ($729.0m) | $87.0m | ($118.0m) | $299.0m | ($582.0m) | ($226.0m) | ($460.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $751.0m | $721.0m | $791.0m | $405.0m | $457.0m | $687.0m | $154.0m | $818.0m | $489.0m | $600.0m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $454.0m | $441.0m | $536.0m | $426.0m | $311.0m | $398.0m | $539.0m | $688.0m | $617.0m | $432.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $56.0m | $39.0m | $175.0m | $190.0m | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | ($4.0m) | — | $2.0m | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($417.0m) | ($351.0m) | ($698.0m) | ($437.0m) | $93.0m | ($220.0m) | ($97.0m) | ($683.0m) | ($620.0m) | ($368.0m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $1.2b | $1.5b | $2.5b | $4.3b | $1.8b | $1.0b | $2.9b | $1.3b | $1.1b | $2.5b | |
| Repayments of Long-term Debt | $1.5b | $1.8b | $2.4b | $4.1b | $2.5b | $1.2b | $2.9b | $1.3b | $1.0b | $2.6b | |
| Payments for Repurchase of Common Stock | — | — | $163.0m | $38.0m | — | $40.0m | $40.0m | $40.0m | $40.0m | $40.0m | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | $31.0m | $8.0m | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | ($14.0m) | ($6.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($228.0m) | ($392.0m) | ($53.0m) | $68.0m | ($557.0m) | ($273.0m) | $6.0m | ($27.0m) | ($8.0m) | ($250.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($13.0m) | $22.0m | $20.0m | $39.0m | $12.0m | $165.0m | $48.0m | $140.0m | ($179.0m) | $25.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | ($16.0m) | $261.0m | $236.0m | $303.0m | $252.0m | $209.0m | $234.0m | $301.0m | $344.0m | $328.0m | |
| Income Taxes Paid, Net | — | — | — | — | $91.0m | $111.0m | $171.0m | $147.0m | $161.0m | $117.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.