Attached files
| file | filename |
|---|---|
| EX-32.1 - EX-32.1 - OWENS-ILLINOIS GROUP INC | a15-6825_1ex32d1.htm |
| EX-31.1 - EX-31.1 - OWENS-ILLINOIS GROUP INC | a15-6825_1ex31d1.htm |
| EX-32.2 - EX-32.2 - OWENS-ILLINOIS GROUP INC | a15-6825_1ex32d2.htm |
| EXCEL - IDEA: XBRL DOCUMENT - OWENS-ILLINOIS GROUP INC | Financial_Report.xls |
| 10-Q - 10-Q - OWENS-ILLINOIS GROUP INC | a15-6825_110q.htm |
| EX-31.2 - EX-31.2 - OWENS-ILLINOIS GROUP INC | a15-6825_1ex31d2.htm |
Exhibit 12
OWENS-ILLINOIS GROUP, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
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Three months ended March 31, |
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2015 |
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2014 |
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Earnings from continuing operations before income taxes |
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$ |
100 |
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$ |
134 |
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Less: |
Equity earnings |
|
(15 |
) |
(16 |
) | ||
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Add: |
Total fixed charges deducted from earnings |
|
50 |
|
56 |
| ||
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|
Dividends received from equity investees |
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14 |
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Earnings available for payment of fixed charges |
|
$ |
135 |
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$ |
188 |
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Fixed charges |
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Interest expense |
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$ |
49 |
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$ |
55 |
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Portion of operating lease rental deemed to be interest |
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1 |
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1 |
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Total fixed charges deducted from earnings and fixed charges |
|
$ |
50 |
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$ |
56 |
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Ratio of earnings to fixed charges |
|
2.7 |
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3.4 |
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