O-I Glass (OI) 10-K11 Feb 152014 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Dec. 31, 2014	Jan. 31, 2015	Jun. 30, 2014
Document and Entity Information
Entity Registrant Name	OWENS ILLINOIS INC /DE/
Entity Central Index Key	812074
Document Type	10-K
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$6,514,118,000
Entity Common Stock, Shares Outstanding		164,222,147
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY

CONDENSED_CONSOLIDATED_RESULTS

CONDENSED CONSOLIDATED RESULTS OF OPERATIONS (USD $)	12 Months Ended
In Millions, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
CONSOLIDATED RESULTS OF OPERATIONS
Net sales	$6,784	$6,967	$7,000
Cost of goods sold	-5,531	-5,636	-5,626
Gross profit	1,253	1,331	1,374
Selling and administrative expense	-523	-506	-555
Research, development and engineering expense	-63	-62	-62
Interest expense,net	-230	-229	-239
Equity earnings	64	67	64
Other expense, net	-283	-266	-254
Earnings from continuing operations before income taxes	218	335	328
Provision for income taxes	-92	-120	-108
Earnings from continuing operations	126	215	220
Loss from discontinued operations	-23	-18	-2
Net earnings	103	197	218
Net (earnings) attributable to noncontrolling interests	-28	-13	-34
Net earnings attributable to the Company	75	184	184
Amounts attributable to the Company:
Earnings from continuing operations	98	202	186
Loss from discontinued operations	-23	-18	-2
Net earnings	$75	$184	$184
Basic earnings per share:
Earnings from continuing operations (in dollars per share)	$0.60	$1.22	$1.13
Loss from discontinued operations (in dollars per share)	($0.14)	($0.11)	($0.01)
Net earnings (in dollars per share)	$0.46	$1.11	$1.12
Diluted earnings per share:
Earnings from continuing operations (in dollars per share)	$0.59	$1.22	$1.12
Loss from discontinued operations (in dollars per share)	($0.14)	($0.11)	($0.01)
Net earnings (in dollars per share)	$0.45	$1.11	$1.11

CONDENSED_CONSOLIDATED_COMPREH

CONDENSED CONSOLIDATED COMPREHENSIVE INCOME (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
CONSOLIDATED COMPREHENSIVE INCOME
Net earnings	$103	$197	$218
Other comprehensive income (loss):
Foreign currency translation adjustments	-305	-232	-26
Pension and other postretirement benefit adjustments, net of tax	-90	609	-156
Change in fair value of derivative instruments	1	2	5
Other comprehensive income (loss)	-394	379	-177
Total comprehensive income (loss)	-291	576	41
Comprehensive income attributable to noncontrolling interests	-7	-7	-42
Comprehensive income (loss) attributable to the Company	($298)	$569	($1)

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash, including time deposits of $104 ($61 in 2013)	$512	$383
Receivables	744	943
Inventories	1,035	1,117
Prepaid expenses	80	107
Total current assets	2,371	2,550
Other assets:
Equity investments	427	315
Pension assets	22	68
Other assets	700	795
Goodwill	1,893	2,059
Total other assets	3,042	3,237
Property, plant and equipment:
Land, at cost	226	254
Buildings and equipment, at cost:
Buildings and building equipment	1,097	1,197
Factory machinery and equipment	4,302	4,651
Transportation, office and miscellaneous equipment	105	123
Construction in progress	161	213
Property, plant and equipment, at cost	5,891	6,438
Less accumulated depreciation	3,446	3,806
Net property, plant and equipment	2,445	2,632
Total assets	7,858	8,419
Current liabilities:
Accounts payable	1,137	1,144
Salaries and wages	145	169
U.S. and foreign income taxes	43	38
Current portion of asbestos-related liabilities	143	150
Other accrued liabilities	372	431
Short-term loans	127	306
Long-term debt due within one year	361	16
Total current liabilities	2,328	2,254
Long-term debt	2,972	3,245
Deferred taxes	121	196
Pension benefits	465	350
Nonpension postretirement benefits	178	187
Other liabilities	227	286
Asbestos-related liabilities	292	298
Commitments and contingencies
Share owners' equity of the Company:
Common stock, par value $.01 per share, 250,000,000 shares authorized, 183,915,370 and 183,500,295 shares issued (including treasury shares), respectively	2	2
Capital in excess of par value	3,066	3,040
Treasury stock, at cost, 19,718,055 and 18,785,613 shares, respectively	-480	-454
Retained earnings (loss)	64	-11
Accumulated other comprehensive loss	-1,494	-1,121
Total share owners' equity of the Company	1,158	1,456
Noncontrolling interests	117	147
Total share owners' equity	1,275	1,603
Total liabilities and share owners' equity	$7,858	$8,419

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
CONSOLIDATED BALANCE SHEETS
Cash, time deposits (in dollars)	$104	$61
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	183,915,370	183,500,295
Treasury stock, shares	19,718,055	18,785,613

CONSOLIDATED_SHARE_OWNERS_EQUI

CONSOLIDATED SHARE OWNERS' EQUITY (USD $)	Common Stock	Capital in Excess of Par Value	Treasury Stock	Retained Earnings (Loss)	Accumulated Other Comprehensive Loss	Non-controlling Interests	Total
In Millions, unless otherwise specified	Common Stock	Capital in Excess of Par Value	Treasury Stock	Retained Earnings (Loss)	Accumulated Other Comprehensive Loss	Non-controlling Interests	Total
Balance at Dec. 31, 2011	$2	$2,991	($405)	($379)	($1,321)	$153	$1,041
Increase (Decrease) in Share Owners' Equity
Issuance of common stock (0.3, 1.4 and 0.8 million shares for the year ended December 31, 2014, 2013 and 2012, respectively)		3					3
Issuance of common stock (in shares)							0.8
Reissuance of common stock (0.2, 0.2 and 0.3 million shares for year ended December 31, 2014, 2013 and 2012, respectively)			7				7
Reissuance of common stock (in shares)							0.3
Treasury shares purchased (1.1, 1.1 and 1.4 million shares for year ended December 31, 2014, 2013 2012, respectively)			-27				-27
Treasury shares purchased (in shares)							1.4
Stock compensation		11					11
Net earnings				184		34	218
Other comprehensive income (loss)					-185	8	-177
Distributions to noncontrolling interests						-24	-24
Contribution from noncontrolling interests						3	3
Balance at Dec. 31, 2012	2	3,005	-425	-195	-1,506	174	1,055
Increase (Decrease) in Share Owners' Equity
Issuance of common stock (0.3, 1.4 and 0.8 million shares for the year ended December 31, 2014, 2013 and 2012, respectively)		25					25
Issuance of common stock (in shares)							1.4
Reissuance of common stock (0.2, 0.2 and 0.3 million shares for year ended December 31, 2014, 2013 and 2012, respectively)			4				4
Reissuance of common stock (in shares)							0.2
Treasury shares purchased (1.1, 1.1 and 1.4 million shares for year ended December 31, 2014, 2013 2012, respectively)			-33				-33
Treasury shares purchased (in shares)							1.1
Repurchase of exchangeable notes		-1					-1
Stock compensation		11					11
Net earnings				184		13	197
Other comprehensive income (loss)					385	-6	379
Distributions to noncontrolling interests						-22	-22
Contribution from noncontrolling interests						5	5
Deconsolidation of subsidiary						-17	-17
Balance at Dec. 31, 2013	2	3,040	-454	-11	-1,121	147	1,603
Increase (Decrease) in Share Owners' Equity
Issuance of common stock (0.3, 1.4 and 0.8 million shares for the year ended December 31, 2014, 2013 and 2012, respectively)		5					5
Issuance of common stock (in shares)							0.3
Reissuance of common stock (0.2, 0.2 and 0.3 million shares for year ended December 31, 2014, 2013 and 2012, respectively)			6				6
Reissuance of common stock (in shares)							0.2
Treasury shares purchased (1.1, 1.1 and 1.4 million shares for year ended December 31, 2014, 2013 2012, respectively)			-32				-32
Treasury shares purchased (in shares)							1.1
Stock compensation		21					21
Net earnings				75		28	103
Other comprehensive income (loss)					-373	-21	-394
Distributions to noncontrolling interests						-37	-37
Balance at Dec. 31, 2014	$2	$3,066	($480)	$64	($1,494)	$117	$1,275

CONSOLIDATED_SHARE_OWNERS_EQUI1

CONSOLIDATED SHARE OWNERS' EQUITY (Parenthetical)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
CONSOLIDATED SHARE OWNERS' EQUITY
Issuance of common stock (in shares)	0.3	1.4	0.8
Reissuance of common stock (in shares)	0.2	0.2	0.3
Treasury shares purchased (in shares)	1.1	1.1	1.4

CONDENSED_CONSOLIDATED_CASH_FL

CONDENSED CONSOLIDATED CASH FLOWS (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating activities:
Net earnings	$103	$197	$218
Loss from discontinued operations	23	18	2
Non-cash charges (credits):
Depreciation	335	350	378
Amortization of intangibles and other deferred items	83	47	34
Amortization of finance fees and debt discount	30	32	33
Deferred tax benefit	-18	-3	-5
Pension expense	43	101	92
Restructuring, asset impairment and related charges	76	119	168
Pension settlement charges	65
Non-income tax charge	69
Gain on China land compensation			-61
Future asbestos-related costs	135	145	155
Other	73	52	8
Pension contributions	-28	-96	-219
Asbestos-related payments	-148	-158	-165
Cash paid for restructuring activities	-58	-78	-66
Change in non-current assets and liabilities	-202	-150	-73
Change in components of working capital	117	124	81
Cash provided by continuing operating activities	698	700	580
Cash utilized in discontinued operating activities	-23	-18	-5
Total cash provided by operating activities	675	682	575
Investing activities:
Additions to property, plant and equipment	-369	-361	-290
Acquisitions, net of cash acquired	-114	-4	-5
Net cash proceeds related to sale of assets and other	19	11	95
Net activity for non-controlling partner loans	9	-16	-21
Deconsolidation of subsidiary		-32
Cash utilized in investing activities	-455	-402	-221
Financing activities:
Additions to long-term debt	1,247	768	119
Repayments of long-term debt	-1,101	-1,040	-402
Increase (decrease) in short-term loans	-139	8	-38
Net foreign exchange derivative activity	-2	-19	27
Payment of finance fees	-11	-7	-1
Distributions to noncontrolling interests	-37	-22	-24
Treasury shares purchased	-32	-33	-27
Contribution from noncontrolling interests		5	3
Issuance of common stock and other	5	19	4
Cash utilized in financing activities	-70	-321	-339
Effect of exchange rate fluctuations on cash	-21	-7	16
Increase (decrease) in cash	129	-48	31
Cash at beginning of year	383	431	400
Cash at end of year	$512	$383	$431

Significant_Accounting_Policie

Significant Accounting Policies	12 Months Ended
Significant Accounting Policies	Dec. 31, 2014
Significant Accounting Policies
Significant Accounting Policies
	1. Significant Accounting Policies
	Basis of Consolidated Statements The consolidated financial statements of Owens-Illinois, Inc. (the "Company") include the accounts of its subsidiaries. Newly acquired subsidiaries have been included in the consolidated financial statements from dates of acquisition.
	The Company uses the equity method of accounting for investments in which it has a significant ownership interest, generally 20% to 50%. Other investments are accounted for at cost. The Company monitors other than temporary declines in fair value and records reductions in carrying values when appropriate.
	Nature of Operations The Company is a leading manufacturer of glass container products. The Company's principal product lines are glass containers for the food and beverage industries. The Company has glass container operations located in 21 countries. The principal markets and operations for the Company's products are in Europe, North America, South America and Asia Pacific.
	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management of the Company to make estimates and assumptions that affect certain amounts reported in the financial statements and accompanying notes. Actual results may differ from those estimates, at which time the Company would revise its estimates accordingly.
	Foreign Currency Translation The assets and liabilities of non-U.S. subsidiaries are translated into U.S. dollars at year-end exchange rates. Any related translation adjustments are recorded in accumulated other comprehensive income in share owners' equity.
	Revenue Recognition The Company recognizes sales, net of estimated discounts and allowances, when the title to the products and risk of loss are transferred to customers. Provisions for rebates to customers are provided in the same period that the related sales are recorded.
	Shipping and Handling Costs Shipping and handling costs are included with cost of goods sold in the Consolidated Results of Operations.
	Stock-Based Compensation The Company has various stock-based compensation plans consisting of stock option grants and restricted share awards. Costs resulting from all share-based compensation plans are required to be recognized in the financial statements. A public entity is required to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. That cost is recognized over the required service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the required service.
	Cash The Company defines "cash" as cash and time deposits with maturities of three months or less when purchased. Outstanding checks in excess of funds on deposit are included in accounts payable.
	Accounts Receivable Receivables are stated at amounts estimated by management to be the net realizable value. The Company charges off accounts receivable when it becomes apparent based upon age or customer circumstances that amounts will not be collected.
	Allowance for Doubtful Accounts The allowance for doubtful accounts is established through charges to the provision for bad debts. The Company evaluates the adequacy of the allowance for doubtful accounts on a periodic basis. The evaluation includes historical trends in collections and write-offs, management's judgment of the probability of collecting accounts and management's evaluation of business risk.
	Inventory Valuation Inventories are valued at the lower of average costs or market.
	Goodwill Goodwill represents the excess of cost over fair value of net assets of businesses acquired. Goodwill is evaluated annually, as of October 1, for impairment or more frequently if an impairment indicator exists.
	Intangible Assets and Other Long-Lived Assets Intangible assets are amortized over the expected useful life of the asset. Amortization expense directly attributed to the manufacturing of the Company's products is included in cost of goods sold. Amortization expense related to non-manufacturing activities is included in selling and administrative and other. The Company evaluates the recoverability of intangible assets and other long-lived assets based on undiscounted projected cash flows, excluding interest and taxes, when factors indicate that impairment may exist. If impairment exists, the asset is written down to fair value.
	Property, Plant and Equipment Property, plant and equipment ("PP&E") is carried at cost and includes expenditures for new facilities and equipment and those costs which substantially increase the useful lives or capacity of existing PP&E. In general, depreciation is computed using the straight-line method and recorded over the estimated useful life of the asset. Factory machinery and equipment is depreciated over periods ranging from 5 to 25 years with the majority of such assets (principally glass-melting furnaces and forming machines) depreciated over 7 to 15 years. Buildings and building equipment are depreciated over periods ranging from 10 to 50 years. Depreciation expense directly attributed to the manufacturing of the Company's products is included in cost of goods sold. Depreciation expense related to non-manufacturing activities is included in selling and administrative. Depreciation expense includes the amortization of assets recorded under capital leases. Maintenance and repairs are expensed as incurred. Costs assigned to PP&E of acquired businesses are based on estimated fair values at the date of acquisition. The Company evaluates the recoverability of PP&E based on undiscounted projected cash flows, excluding interest and taxes, when factors indicate that impairment may exist. If impairment exists, the asset is written down to fair value.
	Derivative Instruments The Company uses forward exchange contracts, options and commodity forward contracts to manage risks generally associated with foreign exchange rate and commodity market volatility. Derivative financial instruments are included on the balance sheet at fair value. When appropriate, derivative instruments are designated as and are effective as hedges, in accordance with accounting principles generally accepted in the United States. If the underlying hedged transaction ceases to exist, all changes in fair value of the related derivatives that have not been settled are recognized in current earnings. The Company does not enter into derivative financial instruments for trading purposes and is not a party to leveraged derivatives. Cash flows from short-term forward exchange contracts not designated as hedges are classified as a financing activity. Cash flows of commodity forward contracts are classified as operating activities.
	Fair Value Measurements Fair value is defined as the amount that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. Generally accepted accounting principles defines a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows:
	Level 1: Observable inputs such as quoted prices in active markets;
	Level 2: Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and
	Level 3: Unobservable inputs for which there is little or no market data, which requires the Company to develop assumptions.
	The carrying amounts reported for cash and short-term loans approximate fair value. In addition, carrying amounts approximate fair value for certain long-term debt obligations subject to frequently redetermined interest rates. Fair values for the Company's significant fixed rate debt obligations are generally based on published market quotations.
	The Company's derivative assets and liabilities consist of natural gas forwards and foreign exchange option and forward contracts. The Company uses an income approach to valuing these contracts. Natural gas forward rates and foreign exchange rates are the significant inputs into the valuation models. These inputs are observable in active markets over the terms of the instruments the Company holds, and accordingly, the Company classifies its derivative assets and liabilities as Level 2 in the hierarchy. The Company also evaluates counterparty risk in determining fair values.
	Reclassifications Certain reclassifications of prior years' data have been made to conform to the current year presentation.
	New Accounting Standards In May 2014, the Financial Accounting Standards Board issued a new standards update "Revenue from Contracts with Customers," which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The new standard will become effective for the Company on January 1, 2017. Early application is not permitted. The Company is evaluating the effect this standard will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor determined the effect of the standard on its ongoing financial reporting.

Segment_Information

Segment Information	12 Months Ended
Segment Information	Dec. 31, 2014
Segment Information
Segment Information
	2. Segment Information
	The Company has four reportable segments based on its geographic locations: Europe, North America, South America and Asia Pacific. These four segments are aligned with the Company's internal approach to managing, reporting, and evaluating performance of its global glass operations. Certain assets and activities not directly related to one of the regions or to glass manufacturing are reported with Retained corporate costs and other. These include licensing, equipment manufacturing, global engineering, and certain equity investments. Retained corporate costs and other also includes certain headquarters administrative and facilities costs and certain incentive compensation and other benefit plan costs that are global in nature and are not allocable to the reportable segments.
	The Company's measure of profit for its reportable segments is segment operating profit, which consists of consolidated earnings from continuing operations 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. The Company's management uses segment operating profit, in combination with selected cash flow information, to evaluate performance and to allocate resources. Segment operating profit for reportable segments includes an allocation of some corporate expenses based on both a percentage of sales and direct billings based on the costs of specific services provided.
	Financial information regarding the Company's reportable segments is as follows:

			2014			2013			2012
	Net sales:
	Europe		$	2,794		$	2,787		$	2,717
	North America			2,003			2,002			1,966
	South America			1,159			1,186			1,252
	Asia Pacific			793			966			1,028

	Reportable segment totals			6,749			6,941			6,963
	Other			35			26			37

	Net sales		$	6,784		$	6,967		$	7,000




			2014			2013			2012
	Segment operating profit:
	Europe		$	353		$	305		$	307
	North America			240			307			288
	South America			227			204			227
	Asia Pacific			88			131			113

	Reportable segment totals			908			947			935
	Items excluded from segment operating profit:
	Retained corporate costs and other			(100	)		(119	)		(106	)
	Restructuring, asset impairment and other charges			(91	)		(119	)		(168	)
	Charge for asbestos-related costs			(135	)		(145	)		(155	)
	Pension settlement charges			(65	)
	Non-income tax charge			(69	)
	Gain on China land compensation									61
	Interest expense, net			(230	)		(229	)		(239	)

	Earnings from continuing operations before income taxes		$	218		$	335		$	328




			Europe			North			South			Asia		Reportable		Retained		Consolidated
						America			America			Pacific		Segment		Corp Costs		Totals
														Totals		and Other
	Total assets:
	2014		$	3,223		$	1,971		$	1,300		$	1,018	$	7,512	$	346	$	7,858
	2013			3,509			1,995			1,467			1,150		8,121		298		8,419
	2012			3,362			1,994			1,655			1,349		8,360		238		8,598
	Equity investments:
	2014		$	81		$	24		$	—		$	153	$	258	$	169	$	427
	2013			84			25						155		264		51		315
	2012			63			25						165		253		41		294
	Equity earnings:
	2014		$	19		$	17		$	—		$	4	$	40	$	24	$	64
	2013			17			16						10		43		24		67
	2012			15			16						5		36		28		64
	Capital expenditures:
	2014		$	188		$	89		$	55		$	34	$	366	$	3	$	369
	2013			130			100			80			36		346		15		361
	2012			87			68			75			49		279		11		290
	Depreciation and amortization expense:
	2014		$	140		$	131		$	79		$	53	$	403	$	15	$	418
2013			139			110			72			62		383		14		397
2012			150			107			70			70		397		15		412
The Company's net property, plant and equipment by geographic segment are as follows:

		U.S.			Non-U.S.			Total
2014		$	713		$	1,732		$	2,445
2013			686			1,946			2,632
2012			663			2,106			2,769
The Company's net sales by geographic segment are as follows:

		U.S.			Non-U.S.			Total
2014		$	1,852		$	4,932		$	6,784
2013			1,809			5,158			6,967
2012			1,780			5,220			7,000
Operations outside the U.S. that accounted for more than 10% of consolidated net sales from continuing operations were in France (2014—11%, 2013—11%, 2012—11%).

Receivables

Receivables	12 Months Ended
Receivables	Dec. 31, 2014
Receivables
Receivables
	3. Receivables
	Receivables consist of the following at December 31, 2014 and 2013:

		2014		2013
	Trade accounts receivable	$	583	$	757
	Less: allowances for doubtful accounts and discounts		34		39

	Net trade receivables		549		718
	Other receivables		195		225

		$	744	$	943


	The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows. At December 31, 2014 and 2013, the amount of receivables sold by the Company was $276 million and $192 million, respectively. Any continuing involvement with the sold receivables is immaterial.

Inventories

Inventories	12 Months Ended
Inventories	Dec. 31, 2014
Inventories
Inventories
	4. Inventories
	Major classes of inventory are as follows:

		2014		2013
	Finished goods	$	884	$	958
	Raw materials		110		113
	Operating supplies		41		46

		$	1,035	$	1,117

Equity_Investments

Equity Investments	12 Months Ended
Equity Investments	Dec. 31, 2014
Equity Investments
Equity Investments
	5. Equity Investments
	At December 31, 2014 the Company's ownership percentage in affiliates include:

	Affiliates	O-I Ownership		Business Type
	Affiliates	Percentage		Business Type
	BJC O-I Glass Pte. Ltd.	50%		Glass container manufacturer
	CO Vidrieria SARL	50%		Glass container manufacturer
	Rocky Mountain Bottle Company	50%		Glass container manufacturer
	Tata Chemical (Soda Ash) Partners	25%		Soda ash supplier
	Vetrerie Meridionali SpA ("VeMe")	50%		Glass container manufacturer
	Vetri Speciali SpA	50%		Speciality glass manufacturer
	During the fourth quarter of 2014, the Company entered into a joint venture agreement with Constellation Brands, Inc. to operate a glass container plant in Nava, Mexico. The Company has determined the accounting for the investment and returns as an equity joint venture.
	During the fourth quarter of 2013, changes were made to the VeMe joint venture agreement that resulted in the Company relinquishing control of the joint venture and, therefore, deconsolidating the entity. No gain or loss was recognized related to the deconsolidation as the fair value of the entity was equal to the carrying amount of the entity's assets and liabilities. The fair value, which the Company classified as Level 3 in the fair value hierarchy, was computed using a discounted cash flow analysis based on projected future cash flows of the joint venture.
	Summarized information pertaining to the Company's equity associates follows:

		2014			2013		2012
	Equity in earnings:
	Non-U.S.	$	23		$	27	$	20
	U.S.		41			40		44

	Total	$	64		$	67	$	64


	Dividends received	$	54		$	67	$	50


	Summarized combined financial information for equity associates is as follows (unaudited):

		2014			2013
	At end of year:
	Current assets	$	479		$	419
	Non-current assets		718			528

	Total assets		1,197			947
	Current liabilities		217			224
	Other liabilities and deferred items		191			193

	Total liabilities and deferred items		408			417

	Net assets	$	789		$	530




		2014			2013		2012
	For the year:
	Net sales	$	752		$	699	$	658


	Gross profit	$	198		$	185	$	191


	Net earnings	$	150		$	149	$	143


	The Company purchased approximately $188 million and $133 million from equity affiliates in 2014 and 2013, respectively, and owed approximately $79 million and $42 million to equity affiliates as of December 31, 2014 and 2013, respectively.
	There is a difference of approximately $9 million as of December 31, 2014 between the amount at which certain investments are carried and the amount of underlying equity in net assets. The portion of the difference related to inventory or amortizable assets is amortized as a reduction of the equity earnings. The remaining difference is considered goodwill.

Goodwill

Goodwill	12 Months Ended
Goodwill	Dec. 31, 2014
Goodwill
Goodwill	6. Goodwill
	The changes in the carrying amount of goodwill for the years ended December 31, 2014, 2013 and 2012 are as follows:

		Europe			North			South			Other		Total
		Europe			America			America			Other		Total
	Balance as of January 1, 2012		983			740			354			5		2,082
	Translation effects		23			3			(29	)				(3	)

	Balance as of December 31, 2012		1,006			743			325			5		2,079
	Translation effects		38			(9	)		(49	)				(20	)

	Balance as of December 31, 2013		1,044			734			276			5		2,059
	Translation effects		(118	)		(11	)		(37	)				(166	)

	Balance as of December 31, 2014	$	926		$	723		$	239		$	5	$	1,893


	Goodwill for the Asia Pacific segment is $0 and net of accumulated impairment losses of $1,135 million as of December 31, 2014, 2013 and 2012.
	Goodwill is tested for impairment annually as of October 1 (or more frequently if impairment indicators arise) using a two-step process. Step 1 compares the business enterprise value ("BEV") of each reporting unit with its carrying value. The BEV is computed based on estimated future cash flows, discounted at the weighted average cost of capital of a hypothetical third-party buyer. If the BEV is less than the carrying value for any reporting unit, then Step 2 must be performed. Step 2 compares the implied fair value of goodwill with the carrying amount of goodwill. Any excess of the carrying value of the goodwill over the implied fair value will be recorded as an impairment loss. The calculations of the BEV in Step 1 and the implied fair value of goodwill in Step 2 are based on significant unobservable inputs, such as price trends, customer demand, material costs, discount rates and asset replacement costs, and are classified as Level 3 in the fair value hierarchy.
	During the fourth quarter of 2014, the Company completed its annual impairment testing and determined that no impairment existed.

Other_Assets

Other Assets	12 Months Ended
Other Assets	Dec. 31, 2014
Other Assets
Other Assets
	7. Other Assets
	Other assets consist of the following at December 31, 2014 and 2013:

		2014		2013
	Deferred tax assets	$	203	$	237
	Deferred returnable packaging costs		126		124
	Repair part inventories		107		116
	Capitalized software		101		114
	Non-income tax receivable		58		70
	Deferred finance fees		21		33
	Intangibles		18		23
	Other		66		78

		$	700	$	795


	Capitalized software includes costs related to the acquisition and development of internal-use software. These costs are amortized over the estimated useful life of the software. Amortization expense for capitalized software was $17 million, $14 million and $15 million for 2014, 2013 and 2012, respectively. Estimated amortization related to capitalized software through 2019 is as follows: 2015, $17 million; 2016, $14 million; 2017, $13 million; 2018, $13 million; and 2019, $11 million.

Derivative_Instruments

Derivative Instruments	12 Months Ended
Derivative Instruments	Dec. 31, 2014
Derivative Instruments
Derivative Instruments	8. Derivative Instruments

	The Company has certain derivative assets and liabilities which consist of natural gas forwards and foreign exchange option and forward contracts. The Company uses an income approach to value these contracts. Natural gas forward rates and foreign exchange rates are the significant inputs into the valuation models. These inputs are observable in active markets over the terms of the instruments the Company holds, and accordingly, the Company classifies its derivative assets and liabilities as Level 2 in the hierarchy. The Company also evaluates counterparty risk in determining fair values.

	Commodity Forward Contracts Designated as Cash Flow Hedges

	In North America, the Company enters into commodity forward contracts related to forecasted natural gas requirements, the objectives of which are to limit the effects of fluctuations in the future market price paid for natural gas and the related volatility in cash flows. The Company continually evaluates the natural gas market and related price risk and periodically enters into commodity forward contracts in order to hedge a portion of its usage requirements. The majority of the sales volume in North America is tied to customer contracts that contain provisions that pass the price of natural gas to the customer. In certain of these contracts, the customer has the option of fixing the natural gas price component for a specified period of time. At December 31, 2014 and 2013, the Company had entered into commodity forward contracts covering approximately 450,000 MM BTUs and 5,400,000 MM BTUs, respectively, primarily related to customer requests to lock the price of natural gas.

	The Company accounts for the above forward contracts as cash flow hedges at December 31, 2014 and recognizes them on the balance sheet at fair value. The effective portion of changes in the fair value of a derivative that is designated as, and meets the required criteria for, a cash flow hedge is recorded in the

	Accumulated Other Comprehensive Income component of share owners’ equity (“OCI”) and reclassified into earnings in the same period or periods during which the underlying hedged item affects earnings. An unrecognized loss of less than $1 million at December 31, 2014 and an unrecognized gain of $1 million at December 31, 2013 related to the commodity forward contracts were included in Accumulated OCI, and will be reclassified into earnings over the next twelve to twenty-four months. Any material portion of the change in the fair value of a derivative designated as a cash flow hedge that is deemed to be ineffective is recognized in current earnings. The ineffectiveness related to these natural gas hedges for the year ended December 31, 2014 and 2013 was not material.

	The effect of the commodity forward contracts on the results of operations for the years ended December 31, 2014, 2013 and 2012 is as follows:




										Amount of loss Reclassified from
	Amunt of gain (Loss) Recognized in OCI on									Accumulated OCI into Income
	Commodity Forward Contracts									(reported in cost of goods sold)
	(Effective Portion)									(Effective Portion)
	2014			2013			2012			2014		2013		2012
	$	3		$	1		$	-3		$	2	$	-1	$	-8

	Foreign Exchange Derivative Contracts and Designated as Hedging Instruments

	The Company may enter into short-term forward exchange or option agreements to purchase foreign currencies at set rates in the future. These agreements are used to limit exposure to fluctuations in foreign currency exchange rates for significant planned purchases of fixed assets or commodities that are denominated in currencies other than the subsidiaries’ functional currency. The Company may also use forward exchange agreements to offset the foreign currency risk for receivables and payables, including intercompany receivables, payables and loans, not denominated in, or indexed to, their functional currencies. The Company records these short-term forward exchange agreements on the balance sheet at fair value and changes in the fair value are recognized in current earnings.

	At December 31, 2014 and 2013, the Company had outstanding forward exchange and option agreements denominated in various currencies covering the equivalent of approximately $524 million and $550 million, respectively, related primarily to intercompany transactions and loans.

	The effect of the foreign exchange derivative contracts on the results of operations for the years ended December 31, 2014, 2013 and 2012 is as follows:




			Amount of Gain (Loss)
	Location of Gain (Loss)		Recognized in Income on
	Recognized in Income on		Foreign Exchange Contracts
	Foreign Exchange Contracts		2014			2013			2012
	Other expense		$	-8		$	-28		$	6

	Balance Sheet Classification

	The Company records the fair values of derivative financial instruments on the balance sheet as follows: (a) receivables if the instrument has a positive fair value and maturity within one year, (b) deposits, receivables, and other assets if the instrument has a positive fair value and maturity after one year, and (c) other accrued liabilities or other liabilities (current) if the instrument has a negative fair value and maturity within one year. The following table shows the amount and classification (as noted above) of the Company’s derivatives as of December 31, 2014 and 2013:



			Fair Value

			Balance Sheet
			Location		2014			2013
	Asset Derivatives:
	Derivatives designated as hedging instruments:
	Commodity forward contracts		a		$			$	1
	Derivatives not designated as hedging instruments:
	Foreign exchange derivative contracts		a			10			3
	Total asset derivatives				$	10		$	4
	Derivatives not designated as hedging instruments:
	Foreign exchange derivative contracts		c			4			7
	Total liability derivatives				$	4		$	7

Restructuring_Accruals_Asset_I

Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities	12 Months Ended
	Dec. 31, 2014
Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities
Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities
	9. Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities
	The Company continually reviews its manufacturing footprint and operating cost structure and may decide to close operations or reduce headcount to gain efficiencies, integrate acquired operations and reduce future expenses. The Company incurs costs associated with these actions including employee severance and benefits, other exit costs such as those related to contract terminations, and asset impairment charges. The Company also may incur other costs related to closed facilities including environmental remediation, clean up, dismantling and preparation for sale or other disposition.
	The Company accounts for restructuring and other costs under applicable provisions of generally accepted accounting principles. Charges for employee severance and related benefits are generally accrued based on contractual arrangements with employees or their representatives. Other exit costs are accrued based on the estimated cost to settle related contractual arrangements. Estimated environmental remediation costs are accrued when specific claims have been received or are probable of being received.
	The Company's decisions to curtail selected production capacity have resulted in write downs of certain long-lived assets to the extent their carrying amounts exceeded fair value or fair value less cost to sell. The Company classified the significant assumptions used to determine the fair value of the impaired assets as Level 3 in the fair value hierarchy as set forth in the general accounting principles for fair value measurements.
	When a decision is made to take these actions, the Company manages and accounts for them programmatically apart from the on-going operations of the business. Information related to major programs (as in the case of the European Asset Optimization and Asia Pacific Restructuring programs below) are presented separately. Minor initiatives are presented on a combined basis as Other Restructuring Actions. When charges related to major programs are completed, remaining accrual balances are classified with Other Restructuring Actions.
	European Asset Optimization
	Since 2011, the Company has implemented the European Asset Optimization program to increase the efficiency and capability of its European operations and to better align its European manufacturing footprint with market and customer needs. This program involves making additional investments in certain facilities and addressing assets with higher cost structures. As part of this program, the Company recorded charges of $1 million in 2014, $16 million in 2013 and $86 million in 2012 for employee costs, write-down of assets, and environmental remediation related to decisions to close furnaces and manufacturing facilities in Europe. The Company expects to execute further actions under this program in phases over the next several years.
	Asia Pacific Restructuring
	Since 2011, the Company has implemented a restructuring plan in its Asia Pacific segment, primarily related to aligning its supply base with lower demand in the region. As part of this plan, the Company recorded charges of $73 million, $49 million and $47 million for the years ended 2014, 2013 and 2012, respectively, for employee costs, write-down of assets, and pension charges related to furnace closures and additional restructuring activities.
	Other Restructuring Actions
	The Company took certain other restructuring actions and recorded charges in 2014 of $2 million for employee costs related to global headcount reduction initiatives. In 2013, there were charges of $16 million for employee costs related to the closure of flat glass operations in South America, $13 million for employee costs related to global headcount reduction initiatives, and $3 million for miscellaneous other costs. In 2012, the Company recorded charges of $13 million for employee costs and asset impairments related to a decision to close a machine manufacturing facility in the U.S., $7 million for employee costs and asset impairments related to a decision to close a mold shop in South America and $15 million for miscellaneous other costs.
	The following table presents information related to restructuring, asset impairment and other costs related to closed facilities:

		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at January 1, 2013		53			6			64			123
	2013 charges		16			49			32			97
	Write-down of assets to net realizable value		(3	)		(11	)		(2	)		(16	)
	Net cash paid, principally severance and related benefits		(37	)		(16	)		(25	)		(78	)
	Pension charges transferred to other accounts					(6	)					(6	)
	Other, including foreign exchange translation		1			(2	)		(5	)		(6	)

	Balance at December 31, 2013		30			20			64			114
	2014 charges		1			73			2			76
	Write-down of assets to net realizable value					(46	)					(46	)
	Net cash paid, principally severance and related benefits		(12	)		(20	)		(26	)		(58	)
	Pension charges transferred to other accounts					(7	)					(7	)
	Other, including foreign exchange translation		(7	)		(8	)		(4	)		(19	)

	Balance at December 31, 2014	$	12		$	12		$	36		$	60


	The restructuring accrual balance represents the Company's estimates of the remaining future cash amounts to be paid related to the actions noted above. As of December 31, 2014, the Company's estimates include approximately $28 million for severance and related benefits costs, $26 million for environmental remediation costs, and $6 million for other exit costs.

Pensions_Benefit_Plans_and_Oth

Pensions Benefit Plans and Other Postretirement Benefits	12 Months Ended
Pensions Benefit Plans and Other Postretirement Benefits	Dec. 31, 2014
Pension Benefit Plans and Other Postretirement Benefits
Pension Benefit Plans and Other Postretirement Benefits
	10. Pension Benefit Plans and Other Postretirement Benefits
	Pension Benefit Plans
	The Company has defined benefit pension plans covering a substantial number of employees located in the United States and several other non-U.S. jurisdictions. Benefits generally are based on compensation for salaried employees and on length of service for hourly employees. The Company's policy is to fund pension plans such that sufficient assets will be available to meet future benefit requirements. The Company's defined benefit pension plans use a December 31 measurement date. The following tables relate to the Company's principal defined benefit pension plans.
	The changes in the pension benefit obligations for the year are as follows:

			U.S.						Non-U.S.
			2014			2013			2014			2013
	Obligations at beginning of year		$	2,275		$	2,647		$	1,866		$	1,911
	Change in benefit obligations:
	Change in benefit obligations:
	Service cost			22			27			23			33
	Interest cost			105			106			69			72
	Actuarial (gain) loss, including the effect of change in discount rates			264			(234	)		131			(5	)
	Curtailment, settlement, and plan amendment			(56	)					(567	)		(52	)
	Special termination						8
	Participant contributions									5			7
	Benefit payments			(182	)		(279	)		(91	)		(101	)
	Foreign currency translation									(125	)		1

	Net change in benefit obligations			153			(372	)		(555	)		(45	)

	Obligations at end of year		$	2,428		$	2,275		$	1,311		$	1,866


	The changes in the fair value of the pension plans' assets for the year are as follows:

			U.S.						Non-U.S.
			2014			2013			2014			2013
	Fair value at beginning of year		$	2,273		$	2,175		$	1,578		$	1,527
	Change in fair value:
	Change in fair value:
	Actual gain on plan assets			155			365			188			61
	Benefit payments			(182	)		(279	)		(91	)		(101	)
	Employer contributions						12			28			92
	Participant contributions									5			7
	Settlements			(56	)					(519	)
	Foreign currency translation									(94	)		(5	)
	Other									(1	)		(3	)

	Net change in fair value of assets			(83	)		98			(484	)		51

	Fair value at end of year		$	2,190		$	2,273		$	1,094		$	1,578


	The employer contributions in the U.S. for 2013 include $8 million related to special termination benefits for a discontinued operation.
	The Company recognizes the funded status of each pension benefit plan on the balance sheet. The funded status of each plan is measured as the difference between the fair value of plan assets and actuarially calculated benefit obligations as of the balance sheet date. Actuarial gains and losses are accumulated in Other Comprehensive Income and the portion of each plan that exceeds 10% of the greater of that plan's assets or projected benefit obligation is amortized to income on a straight-line basis over the average remaining service period of employees still accruing benefits or the expected life of participants not accruing benefits if all, or almost all, of the plan's participants are no longer accruing benefits.
	The funded status of the pension plans at year end is as follows:

			U.S.						Non-U.S.
			2014			2013			2014			2013
	Plan assets at fair value		$	2,190		$	2,273		$	1,094		$	1,578
	Projected benefit obligations			2,428			2,275			1,311			1,866

	Plan assets less than projected benefit obligations			(238	)		(2	)		(217	)		(288	)
	Items not yet recognized in pension expense:
	Actuarial loss			1,125			935			347			488
	Prior service cost (credit)			(2	)		2						(25	)

				1,123			937			347			463

	Net amount recognized		$	885		$	935		$	130		$	175


The net amount recognized is included in the Consolidated Balance Sheets at December 31, 2014 and 2013 as follows:

		U.S.						Non-U.S.
		2014			2013			2014			2013
Pension assets		$	—		$	46		$	22		$	22
Current pension liability, included with Other accrued liabilities			(3	)		(2	)		(9	)		(6	)
Pension benefits			(235	)		(46	)		(230	)		(304	)
Accumulated other comprehensive loss			1,123			937			347			463

Net amount recognized		$	885		$	935		$	130		$	175


The following changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income at December 31, 2014 and 2013 as follows (amounts are pretax):

		U.S.						Non-U.S.
		2014			2013			2014			2013
Current year actuarial (gain) loss		$	285		$	(416	)	$	(23	)	$	28
Amortization of actuarial loss			(68	)		(110	)		(20	)		(28	)
Amortization of prior service credit									2			1
Curtailment and plan amendment									22			(52	)
Settlement			(30	)					(64	)		(6	)

			187			(526	)		(83	)		(57	)
Translation									(32	)		(5	)

		$	187		$	(526	)	$	(115	)	$	(62	)


The accumulated benefit obligation for all defined benefit pension plans was $3,627 million and $4,015 million at December 31, 2014 and 2013, respectively.
The components of the net pension expense for the year are as follows:

		U.S.									Non-U.S.
		2014			2013			2012			2014			2013			2012
Service cost		$	22		$	27		$	27		$	23		$	33		$	26
Interest cost			105			106			114			69			72			77
Expected asset return			(176	)		(183	)		(183	)		(86	)		(91	)		(87	)
Amortization:
Actuarial loss			68			110			96			18			28			22
Prior service credit															(1	)

Net amortization			68			110			96			18			27			22

Net expense		$	19		$	60		$	54		$	24		$	41		$	38


In 2014, the Company amended its salary pension plans in North America to freeze future pension benefits. This action required an obligation remeasurement for the curtailment of benefits, which resulted in a reduction of the Company's pension expense. Also in 2014, the Company settled a portion of the U.S. Salary Pension Plan pension obligation, which resulted in a settlement charge of $30 million. The U.S. pension expense excludes $8 million of special termination benefits that were recorded in discontinued operations in 2013. The U.S. pension expense excludes $4 million of special termination benefits that were recorded in restructuring expense in 2012. On October 1, 2014, the Company settled the liability associated with its pension plan in the Netherlands. The settlement resulted in a non-cash charge of approximately $35 million in the fourth quarter of 2014. The non-U.S. pension expense excludes $3 million, $6 million and $11 million of pension settlement costs that were recorded in restructuring expense in 2014, 2013 and 2012, respectively.
Amounts that are expected to be amortized from accumulated other comprehensive income into net pension expense during 2015:

		U.S.			Non-U.S.
Amortization:
Actuarial loss		$	73		$	16
Prior service cost			1

Net amortization		$	74		$	16


The following information is for plans with projected and accumulated benefit obligations in excess of the fair value of plan assets at year end:

		Projected Benefit Obligation Exceeds												Accumulated Benefit Obligation
		the Fair Value of Plan Assets												Exceeds the Fair Value of Plan Assets
		U.S.						Non-U.S.						U.S.						Non-U.S.
		2014			2013			2014			2013			2014			2013			2014		2013
Projected benefit obligations		$	2,428		$	674		$	1,049		$	1,588		$	2,428		$	674		$	1,049	$	1,588
Accumulated benefit obligation			2,392			646			1,023			1,537			2,392			646			1,023		1,537
Fair value of plan assets			2,190			626			810			1,278			2,190			626			810		1,278
The weighted average assumptions used to determine benefit obligations are as follows:

		U.S.				Non-U.S.
		2014		2013		2014		2013
Discount rate		4.05%		4.81%		3.58%		4.14%
Rate of compensation increase		2.96%		2.97%		2.89%		3.31%
The weighted average assumptions used to determine net periodic pension costs are as follows:

		U.S.						Non-U.S.
		2014		2013		2012		2014		2013		2012
Discount rate		4.81%		4.11%		4.59%		4.14%		3.89%		4.75%
Rate of compensation increase		2.97%		2.97%		3.14%		3.31%		3.08%		3.23%
Expected long-term rate of return on assets		8.00%		8.00%		8.00%		7.23%		6.34%		6.24%
Future benefits are assumed to increase in a manner consistent with past experience of the plans, which, to the extent benefits are based on compensation, includes assumed salary increases as presented above.
For 2014, the Company's weighted average expected long-term rate of return on assets was 8% for the U.S. plans and 7.23% for the non-U.S. plans. In developing this assumption, the Company evaluated input from its third party pension plan asset managers, including their review of asset class return expectations and long-term inflation assumptions. The Company also considered its historical 10-year average return (through December 31, 2013), which was in line with the expected long-term rate of return assumption for 2014.
It is the Company's policy to invest pension plan assets in a diversified portfolio consisting of an array of asset classes within established target asset allocation ranges. The investment risk of the assets is limited by appropriate diversification both within and between asset classes. The assets for the U.S. plans are maintained in a group trust. The U.S. plans hold no individual assets other than the investment in the group trust. The assets of the group trust and the Company's non-U.S. plans are primarily invested in a broad mix of domestic and international equities, domestic and international bonds, and real estate, subject to the target asset allocation ranges. The assets are managed with a view to ensuring that sufficient liquidity will be available to meet expected cash flow requirements.
The investment valuation policy of the Company is to value investments at fair value. All investments are valued at their respective net asset values. Equity securities for which market quotations are readily available are valued at the last reported sales price on their principal exchange on valuation date or official close for certain markets. Fixed income investments are valued by an independent pricing service. Investments in registered investment companies or collective pooled funds are valued at their respective net asset values. Short-term investments are stated at amortized cost, which approximates fair value. The fair value of real estate is determined by periodic appraisals.
The Company's U.S. pension plan assets held in the group trust are classified as Level 2 assets in the fair value hierarchy. The total U.S. plan assets amounted to $2,190 million and $2,273 million as of December 31, 2014 and 2013, respectively. In 2014, the U.S. plan assets consisted of approximately 62% equity securities, 29% debt securities, and 9% real estate. The following table sets forth by level, within the fair value hierarchy, the Company's non-U.S. pension plan assets at fair value as of December 31, 2014 and 2013:

		2014									2013
		2014									2013									Target
		Level 1			Level 2			Level 3			Level 1			Level 2			Level 3			Allocation
Cash and cash equivalents		$	14		$	—		$	—		$	39		$	6		$	—
Equity securities			343			200						387			210					45 - 55%
Debt securities			364			119			2			752			116			2		40 - 50%
Real estate						30			3									6		0 - 10%
Other						19						13			47					0 - 10%

Total assets at fair value		$	721		$	368		$	5		$	1,191		$	379		$	8


The following is a reconciliation of the Company's pension plan assets recorded at fair value using significant unobservable inputs (Level 3):

		2014			2013
Beginning balance		$	8		$	18
Net increase (decrease)			(3	)		(10	)

Ending balance		$	5		$	8


The net increase (decrease) in the fair value of the Company's Level 3 pension plan assets is primarily due to purchases and sales of unlisted real estate funds. The change in the fair value of Level 3 pension plan assets due to actual return on those assets was immaterial in 2014.
In order to maintain minimum funding requirements, the Company is required to make contributions to its defined benefit pension plans of $20 million in 2015.
The following estimated future benefit payments, which reflect expected future service, as appropriate, are expected to be paid in the years indicated:

Year(s)		U.S.			Non-U.S.
2015		$	184		$	61
2016			177			63
2017			169			63
2018			165			65
2019			163			68
2020 - 2024			780			373
The Company also sponsors several defined contribution plans for all salaried and hourly U.S. employees, Canada employees, U.K. employees, Netherlands employees and Australian employees. Participation is voluntary and participants' contributions are based on their compensation. The Company matches contributions of participants, up to various limits, in substantially all plans. Company contributions to these plans amounted to $19 million in 2014, $16 million in 2013, and $16 million in 2012.
Postretirement Benefits Other Than Pensions
The Company provides retiree health care and life insurance benefits covering certain U.S. salaried and hourly employees, and substantially all employees in Canada. Benefits provided by the Company for hourly retirees are determined by collective bargaining. Employees are generally eligible for benefits upon retirement and completion of a specified number of years of creditable service. The Company uses a December 31 measurement date to measure its postretirement benefit obligations.
The changes in the postretirement benefit obligations for the year are as follows:

		U.S.						Non-U.S.
		2014			2013			2014			2013
Obligations at beginning of year		$	111		$	181		$	90		$	102
Change in benefit obligations:
Service cost						1			1			1
Interest cost			5			5			4			4
Actuarial (gain) loss, including the effect of changing discount rates			7			1			(2	)		(7	)
Benefit payments			(12	)		(15	)		(3	)		(4	)
Curtailment						(62	)
Foreign currency translation									(7	)		(6	)
Other									(2	)

Net change in benefit obligations			—			(70	)		(9	)		(12	)

Obligations at end of year		$	111		$	111		$	81		$	90


The funded status of the postretirement benefit plans at year end is as follows:

		U.S.						Non-U.S.
		2014			2013			2014			2013
Postretirement benefit obligations		$	(111	)	$	(111	)	$	(81	)	$	(90	)
Items not yet recognized in net postretirement benefit cost:
Actuarial loss			35			30			(3	)		(2	)
Prior service credit			(46	)		(54	)

			(11	)		(24	)		(3	)		(2	)

Net amount recognized		$	(122	)	$	(135	)	$	(84	)	$	(92	)


The net amount recognized is included in the Consolidated Balance Sheets at December 31, 2014 and 2013 as follows:

		U.S.						Non-U.S.
		2014			2013			2014			2013
Current nonpension postretirement benefit, included with Other accrued liabilities		$	(11	)	$	(10	)	$	(3	)	$	(4	)
Nonpension postretirement benefits			(100	)		(101	)		(78	)		(86	)
Accumulated other comprehensive loss			(11	)		(24	)		(3	)		(2	)

Net amount recognized		$	(122	)	$	(135	)	$	(84	)	$	(92	)


The following changes in benefit obligations were recognized in accumulated other comprehensive income at December 31, 2014 and 2013 as follows (amounts are pretax):

		U.S.						Non-U.S.
		2014			2013			2014			2013
Current year actuarial (gain) loss		$	7		$	1		$	(2	)	$	(7	)
Curtailment						(57	)
Amortization of actuarial loss			(2	)		(3	)
Amortization of prior service credit			8			7
Other adjustments									1

		$	13		$	(52	)	$	(1	)	$	(7	)


The components of the net postretirement benefit cost for the year are as follows:

		U.S.									Non-U.S.
		2014			2013			2012			2014			2013			2012
Service cost		$	—		$	1		$	1		$	1		$	1		$	1
Interest cost			5			5			8			4			4			4
Curtailment gain						(5	)
Amortization:
Actuarial loss			2			3			5
Prior service credit			(8	)		(7	)		(3	)

Net amortization			(6	)		(4	)		2			—			—			—

Net postretirement benefit (income) cost		$	(1	)	$	(3	)	$	11		$	5		$	5		$	5


Amounts that are expected to be amortized from accumulated other comprehensive income into net postretirement benefit cost during 2015:

		U.S.			Non-U.S.
Amortization:
Actuarial loss		$	2		$	—
Prior service credit			(8	)

Net amortization		$	(6	)	$	—


Amortization included in net postretirement benefit cost is based on the average remaining service of employees. The weighted average discount rates used to determine the accumulated postretirement benefit obligation and net postretirement benefit cost are as follows:

		U.S.						Non-U.S.
		2014		2013		2012		2014		2013		2012
Accumulated post retirement benefit obligation		4.00%		4.63%		4.04%		3.75%		4.47%		3.89%
Net postretirement benefit cost		4.63%		4.04%		4.47%		4.47%		3.89%		4.13%
The weighted average assumed health care cost trend rates at December 31 are as follows:

		U.S.				Non-U.S.
		2014		2013		2014		2013
Health care cost trend rate assumed for next year		7.00%		7.00%		5.00%		5.00%
Rate to which the cost trend rate is assumed to decline (ultimate trend rate)		5.00%		5.00%		5.00%		5.00%
Year that the rate reaches the ultimate trend rate		2024		2024		2014		2014
Assumed health care cost trend rates affect the amounts reported for the postretirement benefit plans. A one-percentage-point change in assumed health care cost trend rates would have the following effects:

		U.S.						Non-U.S.
		1-Percentage-Point						1-Percentage-Point
		Increase			Decrease			Increase			Decrease
Effect on total of service and interest cost		$	—		$	—		$	1		$	(1	)
Effect on accumulated postretirement benefit obligations			5			(4	)		14			(11	)
The following estimated future benefit payments, which reflect expected future service, as appropriate, are expected to be paid in the years indicated:

Year(s)		U.S.			Non-U.S.
2015		$	11		$	3
2016			11			3
2017			11			3
2018			11			3
2019			10			3
2020 - 2024			46			18
Other U.S. hourly retirees receive health and life insurance benefits from a multi-employer trust established by collective bargaining. Payments to the trust as required by the bargaining agreements are based upon specified amounts per hour worked and were $6 million in 2014, $6 million in 2013 and $6 million in 2012. Postretirement health and life benefits for retirees of foreign subsidiaries are generally provided through the national health care programs of the countries in which the subsidiaries are located.

Income_Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2014
Income Taxes
Income Taxes
	11. Income Taxes
	The provision for income taxes was calculated based on the following components of earnings (loss) before income taxes:

	Continuing operations		2014			2013			2012
	U.S.		$	(53	)	$	86		$	32
	Non-U.S.			271			249			296

			$	218		$	335		$	328




	Discontinued operations		2014			2013			2012
	U.S.		$	(19	)	$	(8	)	$	—
	Non-U.S.			(4	)		(10	)		(5	)

			$	(23	)	$	(18	)	$	(5	)


	The provision (benefit) for income taxes consists of the following:

			2014			2013			2012
	Current:
	U.S.		$	7		$	7		$	(4	)
	Non-U.S.			103			116			117

				110			123			113

	Deferred:
	U.S.									8
	Non-U.S.			(18	)		(3	)		(13	)

				(18	)		(3	)		(5	)

	Total:
	U.S.			7			7			4
	Non-U.S.			85			113			104

	Total for continuing operations			92			120			108
	Total for discontinued operations									(3	)

			$	92		$	120		$	105


	A reconciliation of the provision for income taxes based on the statutory U.S. Federal tax rate of 35% to the provision for income taxes is as follows:

			2014			2013			2012
	Tax provision on pretax earnings from continuing operations at statutory U.S. Federal tax rate		$	76		$	117		$	115
	Increase (decrease) in provision for income taxes due to:
	Increase (decrease) in provision for income taxes due to:
	Differences in income taxes on foreign earnings, losses and remittances			(18	)		(29	)		(5	)
	Changes in valuation allowance			37			37			(7	)
	Tax audits and settlements			2			1			(1	)
	Other items			(5	)		(6	)		6

	Provision for income taxes		$	92		$	120		$	108


	Deferred income taxes reflect: (1) the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes; and (2) carryovers and credits for income tax purposes.
	Significant components of the Company's deferred tax assets and liabilities at December 31, 2014 and 2013 are as follows:

			2014			2013
	Deferred tax assets:
Accrued postretirement benefits		$	58		$	60
Asbestos-related liabilities			152			157
Foreign tax credit			376			356
Operating and capital loss carryovers			464			489
Other credit carryovers			37			46
Accrued liabilities			85			89
Pension liability			117			47
Other			65			73

Total deferred tax assets			1,354			1,317
Deferred tax liabilities:
Deferred tax liabilities:
Property, plant and equipment			127			126
Exchangeable notes						10
Intangibles			34			27
Other			36			59

Total deferred tax liabilities			197			222
Valuation allowance			(1,036	)		(990	)

Net deferred taxes		$	121		$	105


Deferred taxes are included in the Consolidated Balance Sheets at December 31, 2014 and 2013 as follows:

		2014			2013
Prepaid expenses		$	39		$	64
Other assets			203			237
Deferred taxes			(121	)		(196	)

Net deferred taxes		$	121		$	105


The Company reviews the likelihood that it will realize the benefit of its deferred tax assets and therefore the need for valuation allowances on a quarterly basis, or whenever events indicate that a review is required. In determining the requirement for a valuation allowance, the historical and projected financial results of the legal entity or consolidated group recording the net deferred tax asset is considered, along with other positive and negative evidence.
At December 31, 2014, before valuation allowance, the Company had unused foreign tax credits of $376 million expiring in 2017 through 2024, research tax credit of $12 million expiring from 2019 to 2034, and alternative minimum tax credits of $25 million which do not expire and which will be available to offset future U.S. Federal income tax. Approximately $174 million of the deferred tax assets related to operating and capital loss carryforwards can be carried over indefinitely, with the remaining $290 million expiring between 2015 and 2035.
In certain foreign jurisdictions, the Company's analysis indicates that it has cumulative losses in recent years. This is considered significant negative evidence which is objective and verifiable and, therefore, difficult to overcome. However, the cumulative loss position is not solely determinative and, accordingly, the Company considers all other available positive and negative evidence in its analysis. Based on its analysis, the Company has recorded a valuation allowance for the portion of deferred tax assets where based on the weight of available evidence it is unlikely to realize those deferred tax assets.
In the U.S., the Company has experienced cumulative losses in previous years and has recorded a valuation allowance against its deferred tax assets. As of December 31, 2014 however, the Company's U.S. operations are in a three-year cumulative income position, but this is not solely determinative of the need for a valuation allowance. The Company considered this factor and all other available positive and negative evidence and concluded that it is still more likely than not that the net deferred tax assets in the U.S. will not be realized, and accordingly continued to record a valuation allowance. The evidence considered included the magnitude of the current three-year cumulative income compared to historical losses, expected impact of tax planning strategies, interest rates, and the overall business environment. The Company continues to evaluate its cumulative income position and income trend as well as its future projections of sustained profitability and whether this profitability trend constitutes sufficient positive evidence to support a reversal of the valuation allowance (in full or in part). The amount of the valuation allowance recorded in the U.S. as of December 31, 2014 is $927 million.
At December 31, 2014, the Company's equity in the undistributed earnings of foreign subsidiaries for which income taxes had not been provided approximated $2.9 billion. The Company intends to reinvest these earnings indefinitely in the non-U.S. operations and has not distributed any of these earnings to the U.S. in 2014, 2013 or 2012. It is not practicable to estimate the U.S. and foreign tax which would be payable should these earnings be distributed. Deferred taxes are provided for earnings of non-U.S. jurisdictions when the Company plans to remit those earnings.
The Company has recognized tax benefits as a result of incentives in certain non-U.S. jurisdictions which expire between 2015 and 2016.
The Company records a liability for unrecognized tax benefits related to uncertain tax positions. The Company accrues interest and penalties associated with unrecognized tax benefits as a component of its income tax expense. The following is a reconciliation of the Company's total gross unrecognized tax benefits for the years ended December 31, 2014, 2013 and 2012:

		2014			2013			2012
Balance at January 1		$	100		$	97		$	125
Additions and reductions for tax positions of prior years			(13	)		(3	)		8
Additions based on tax positions related to the current year			10			9			7
Reductions due to the lapse of the applicable statute of limitations			(8	)		(2	)		(21	)
Reductions due to settlements			(1	)					(26	)
Foreign currency translation			(11	)		(1	)		4

Balance at December 31		$	77		$	100		$	97


Unrecognized tax benefits, which if recognized, would impact the Company's effective income tax rate		$	70		$	92		$	89


Accrued interest and penalties at December 31		$	29		$	35		$	33


Interest and penalties included in tax expense for the years ended December 31		$	(2	)	$	1		$	(6	)


Based upon the outcome of tax examinations, judicial proceedings, or expiration of statute of limitations, it is reasonably possible that the ultimate resolution of these unrecognized tax benefits may result in a payment that is materially different from the current estimate of the tax liabilities. The Company believes that it is reasonably possible that the estimated liability could decrease up to $12 million within the next 12 months. This is primarily the result of audit settlements or statute expirations in several taxing jurisdictions.
The Company is currently under examination in various tax jurisdictions in which it operates, including Argentina, Brazil, Canada, Germany, Indonesia, Italy and Peru. The years under examination range from 2005 through 2012. The Company believes that there are no jurisdictions in which the outcome of unresolved issues or claims is likely to be material to the Company's results of operations, financial position or cash flows. The Company further believes that adequate provisions for all income tax uncertainties have been made. During 2014, the Company concluded income tax audits in several jurisdictions, including Australia, Ecuador, Italy, and Poland.

Debt

Debt	12 Months Ended
Debt	Dec. 31, 2014
Debt
Debt
	12. Debt
	The following table summarizes the long-term debt of the Company at December 31, 2014 and 2013:

		2014			2013
	Secured Credit Agreement:
	Revolving Credit Facility:
	Revolving Loans	$	—		$	—
	Term Loans:
	Term Loan B		405			405
	Term Loan C (81 million CAD at December 31, 2014)		70			76
	Term Loan D (€85 million at December 31, 2014)		103			117
	Senior Notes:
	3.00%, Exchangeable, due 2015		18			617
	7.375%, net of discount, due 2016		596			593
	6.75%, due 2020 (€500 million)		608			690
	4.875%, due 2021 (€330 million)		401			455
	5.00%, due 2022		494
	5.375%, due 2025		296
	Senior Debentures:
	7.80%, due 2018		250			250
	Capital leases		63			37
	Other		29			21

	Total long-term debt		3,333			3,261
	Less amounts due within one year		361			16

	Long-term debt	$	2,972		$	3,245


	On May 19, 2011, the Company entered into the Secured Credit Agreement (the "Agreement"). At December 31, 2014, the Agreement included a $900 million revolving credit facility, a $405 million term loan, an 81 million Canadian dollar term loan, and a €85 million term loan, each of which has a final maturity date of May 19, 2016. At December 31, 2014, the Company had unused credit of $804 million available under the Agreement.
	The Agreement contains various covenants that restrict, among other things and subject to certain exceptions, the ability of the Company to incur certain liens, make certain investments, become liable under contingent obligations in certain defined instances only, make restricted junior payments, make certain asset sales within guidelines and limits, make capital expenditures beyond a certain threshold, engage in material transactions with shareholders and affiliates, participate in sale and leaseback financing arrangements, alter its fundamental business, and amend certain outstanding debt obligations.
	The Agreement also contains one financial maintenance covenant, a Leverage Ratio, that requires the Company not to exceed a ratio calculated by dividing consolidated total debt, less cash and cash equivalents, by Consolidated Adjusted EBITDA, as defined in the Agreement. The Leverage Ratio could restrict the ability of the Company to undertake additional financing or acquisitions to the extent that such financing or acquisitions would cause the Leverage Ratio to exceed the specified maximum of 4.0x.
	Failure to comply with these covenants and restrictions could result in an event of default under the Agreement. In such an event, the Company could not request borrowings under the revolving facility, and all amounts outstanding under the Agreement, together with accrued interest, could then be declared immediately due and payable. If an event of default occurs under the Agreement and the lenders cause all of the outstanding debt obligations under the Agreement to become due and payable, this would result in a default under a number of other outstanding debt securities and could lead to an acceleration of obligations related to these debt securities. A default or event of default under the Agreement, indentures or agreements governing other indebtedness could also lead to an acceleration of debt under other debt instruments that contain cross acceleration or cross-default provisions.
	The Leverage Ratio also determines pricing under the Agreement. The interest rate on borrowings under the Agreement is, at the Company's option, the Base Rate or the Eurocurrency Rate, as defined in the Agreement. These rates include a margin linked to the Leverage Ratio. The margins range from 1.25% to 2.00% for Eurocurrency Rate loans and from 0.25% to 1.00% for Base Rate loans. In addition, a facility fee is payable on the revolving credit facility commitments ranging from 0.25% to 0.50% per annum linked to the Leverage Ratio. The weighted average interest rate on borrowings outstanding under the Agreement at December 31, 2014 was 2.09%. As of December 31, 2014, the Company was in compliance with all covenants and restrictions in the Agreement. In addition, the Company believes that it will remain in compliance and that its ability to borrow funds under the Agreement will not be adversely affected by the covenants and restrictions.
	Borrowings under the Agreement are secured by substantially all of the assets, excluding real estate, of the Company's domestic subsidiaries and certain foreign subsidiaries. Borrowings are also secured by a pledge of intercompany debt and equity in most of the Company's domestic subsidiaries and stock of certain foreign subsidiaries. All borrowings under the agreement are guaranteed by substantially all domestic subsidiaries of the Company for the term of the Agreement.
	During December 2014, the Company issued senior notes with a face value of $500 million that bear interest at 5.00% and are due January 15, 2022. The Company also issued senior notes with a face value of $300 million that bear interest at 5.375% and are due January 15, 2025. The New Senior Notes were issued via a private placement and are guaranteed by substantially all of the Company's domestic subsidiaries. The net proceeds from the New Senior Notes, after deducting debt issuance costs, totaled approximately $790 million and were used to purchase in a tender offer $611 million aggregate principal amount of the Company's 3.00% exchangeable senior notes due June 1, 2015. Approximately $18 million of the exchangeable senior notes remain outstanding as of December 31, 2014. As part of the tender offer, the Company recorded $20 million of additional interest charges for note repurchase premiums and the related write-off of unamortized finance fees in the fourth quarter of 2014.
	During March 2013, the Company issued, in a private placement, senior notes with a face value of €330 million due March 31, 2021. The notes bear interest at 4.875% and are guaranteed by substantially all of the Company's domestic subsidiaries. The net proceeds, after deducting debt issuance costs, totaled approximately $418 million.
	During March 2013, the Company discharged, in accordance with the indenture, all €300 million of its 6.875% senior notes due 2017. The Company recorded $11 million of additional interest charges for note repurchase premiums and the related write-off of unamortized finance fees.
	The Company has a €215 million European accounts receivable securitization program, which extends through September 2016, subject to periodic renewal of backup credit lines. Information related to the Company's accounts receivable securitization program as of December 31, 2014 and 2013 is as follows:

		2014			2013
	Balance (included in short-term loans)	$	122		$	276
	Weighted average interest rate		1.41			1.41
	Weighted average interest rate		1.41	%		1.41	%
	Annual maturities for all of the Company's long-term debt through 2019 are as follows: 2015, $361 million; 2016, $883 million; 2017, $4 million; 2018, $254 million; and 2019, $4 million.
	Fair values at December 31, 2014, of the Company's significant fixed rate debt obligations are as follows:

		Principal			Indicated			Fair
		Amount			Market			Value
					Price
	Senior Notes:
	7.375%, due 2016	$	600		$	106.70		$	640
	6.75%, due 2020 (€500 million)		608			118.85			723
	4.875%, due 2021 (€330 million)		401			110.00			441
	5.00%, due 2022		500			101.81			509
	5.375%, due 2025		300			101.25			304
	Senior Debentures:
	7.80%, due 2018		250			112.31			281

Contingencies

Contingencies	12 Months Ended
Contingencies	Dec. 31, 2014
Contingencies
Contingencies
	13. Contingencies
	Asbestos
	The Company is a defendant in numerous lawsuits alleging bodily injury and death as a result of exposure to asbestos dust. From 1948 to 1958, one of the Company's former business units commercially produced and sold approximately $40 million of a high-temperature, calcium-silicate based pipe and block insulation material containing asbestos. The Company exited the pipe and block insulation business in April 1958. The typical asbestos personal injury lawsuit alleges various theories of liability, including negligence, gross negligence and strict liability and seeks compensatory and in some cases, punitive damages in various amounts (herein referred to as "asbestos claims").
	The following table shows the approximate number of plaintiffs and claimants who had asbestos claims pending against the Company at the beginning of each listed year, the number of claims disposed of during that year, the year's filings and the claims pending at the end of each listed year (eliminating duplicate filings):

			2014		2013		2012
	Pending at beginning of year			2,620		2,610		4,640
	Disposed			1,870		1,700		4,390
	Filed			1,470		1,710		2,360

	Pending at end of year			2,220		2,620		2,610


	Based on an analysis of the lawsuits pending as of December 31, 2014, approximately 81% of plaintiffs either do not specify the monetary damages sought, or in the case of court filings, claim an amount sufficient to invoke the jurisdictional minimum of the trial court. Approximately 13% of plaintiffs specifically plead damages above the jurisdictional minimum up to, and including, $15 million or less, and 5% of plaintiffs specifically plead damages greater than $15 million but less than $100 million. Fewer than 1% of plaintiffs specifically plead damages equal to or greater than $100 million.
	As indicated by the foregoing summary, current pleading practice permits considerable variation in the assertion of monetary damages. The Company's experience resolving hundreds of thousands of asbestos claims and lawsuits over an extended period demonstrates that the monetary relief that may be alleged in a complaint bears little relevance to a claim's merits or disposition value. Rather, the amount potentially recoverable is determined by such factors as the severity of the plaintiff's asbestos disease, the product identification evidence against the Company and other defendants, the defenses available to the Company and other defendants, the specific jurisdiction in which the claim is made, and the plaintiff's medical history and exposure to other disease-causing agents.
	In addition to the pending claims set forth above, the Company has claims-handling agreements in place with many plaintiffs' counsel throughout the country. These agreements require evaluation and negotiation regarding whether particular claimants qualify under the criteria established by such agreements. The criteria for such claims include verification of a compensable illness and a reasonable probability of exposure to a product manufactured by the Company's former business unit during its manufacturing period ending in 1958.
	The Company has also been a defendant in other asbestos-related lawsuits or claims involving maritime workers, medical monitoring claimants, co-defendants and property damage claimants. Based upon its past experience, the Company believes that these categories of lawsuits and claims will not involve any material liability and they are not included in the above description of pending matters or in the following description of disposed matters.
	Since receiving its first asbestos claim, the Company as of December 31, 2014, has disposed of the asbestos claims of approximately 395,000 plaintiffs and claimants at an average indemnity payment per claim of approximately $8,900. Certain of these dispositions have included deferred amounts payable. Deferred amounts payable totaled approximately $13 million at December 31, 2014 ($12 million at December 31, 2013) and are included in the foregoing average indemnity payment per claim. The Company's asbestos indemnity payments have varied on a per claim basis, and are expected to continue to vary considerably over time. As discussed above, a part of the Company's objective is to achieve, where possible, resolution of asbestos claims pursuant to claims-handling agreements. Failure of claimants to meet certain medical and product exposure criteria in the Company's administrative claims handling agreements has generally reduced the number of claims that would otherwise have been received by the Company in the tort system. In addition, certain courts and legislatures have reduced or eliminated the number of claims that the Company otherwise would have received by the Company in the tort system. These developments generally have had the effect of increasing the Company's per-claim average indemnity payment over time.
	The Company believes that its ultimate asbestos-related liability (i.e., its indemnity payments or other claim disposition costs plus related legal fees) cannot reasonably be estimated. Beginning with the initial liability of $975 million established in 1993, the Company has accrued a total of approximately $4.4 billion through 2014, before insurance recoveries, for its asbestos-related liability. The Company's ability to reasonably estimate its liability has been significantly affected by, among other factors, the volatility of asbestos-related litigation in the United States, the significant number of co-defendants that have filed for bankruptcy, the inherent uncertainty of future disease incidence and claiming patterns against the Company, the significant expansion of the defendants that are now sued in this litigation, and the continuing changes in the extent to which these defendants participate in the resolution of cases in which the Company is also a defendant.
	The Company has continued to monitor trends that may affect its ultimate liability and has continued to analyze the developments and variables affecting or likely to affect the resolution of pending and future asbestos claims against the Company. The material components of the Company's accrued liability are based on amounts determined by the Company in connection with its annual comprehensive review and consist of the following estimates, to the extent it is probable that such liabilities have been incurred and can be reasonably estimated: (i) the liability for asbestos claims already asserted against the Company; (ii) the liability for asbestos claims not yet asserted against the Company, but which the Company believes will be asserted in the next several years; and (iii) the legal defense costs likely to be incurred in connection with the claims the Company believes will be asserted in the next several years.
	The significant assumptions underlying the material components of the Company's accrual relate to:
	a)	the extent to which settlements are limited to claimants who were exposed to the Company's asbestos-containing insulation prior to its exit from that business in 1958;
	b)	the extent to which claims are resolved under the Company's administrative claims agreements or on terms comparable to those set forth in those agreements;
	c)	the extent of decrease or increase in the incidence of serious asbestos-related disease cases and claiming patterns against the Company for such cases;
	d)	the extent to which the Company is able to defend itself successfully at trial or on appeal;
	e)	the number and timing of additional co-defendant bankruptcies; and
	f)	the extent to which co-defendants with substantial resources and assets continue to participate significantly in the resolution of future asbestos lawsuits and claims.
	As noted above, the Company conducts a comprehensive review of its asbestos-related liabilities and costs annually in connection with finalizing and reporting its annual results of operations, unless significant changes in trends or new developments warrant an earlier review. If the results of an annual comprehensive review indicate that the existing amount of the accrued liability is insufficient to cover its estimated future asbestos-related costs, then the Company will record an appropriate charge to increase the accrued liability. The Company believes that a reasonable estimation of the probable amount of the liability for claims not yet asserted against the Company is not possible beyond a period of several years. Therefore, while the results of future annual comprehensive reviews cannot be determined, the Company expects that the addition of one year to the estimation period will usually result in an annual charge.
	The Company's reported results of operations for 2014 were materially affected by the $135 million fourth quarter charge for asbestos-related costs and asbestos-related payments continue to be substantial. Any future additional charge would likewise materially affect the Company's results of operations for the period in which it is recorded. Also, the continued use of significant amounts of cash for asbestos-related costs has affected and may continue to affect the Company's cost of borrowing and its ability to pursue global or domestic acquisitions. However, the Company believes that its operating cash flows and other sources of liquidity will be sufficient to pay its obligations for asbestos-related costs and to fund its working capital and capital expenditure requirements on a short-term and long-term basis.
	Other Matters
	The Company conducted an internal investigation into conduct in certain of its overseas operations that may have violated the anti-bribery provisions of the United States Foreign Corrupt Practices Act (the "FCPA"), the FCPA's books and records and internal controls provisions, the Company's own internal policies, and various local laws. In October 2012, the Company voluntarily disclosed these matters to the U.S. Department of Justice (the "DOJ") and the Securities and Exchange Commission (the "SEC").
	On July 18, 2013, the Company received a letter from the DOJ indicating that it presently did not intend to take any enforcement action and is closing its inquiry into the matter.
	As disclosed in previous periods, the Company is presently unable to predict the duration, scope or result of an investigation by the SEC, if any, or whether the SEC will commence any legal action. The SEC has a broad range of civil sanctions under the FCPA and other laws and regulations including, but not limited to, injunctive relief, disgorgement, penalties, and modifications to business practices. The Company could also be subject to investigation and sanctions outside the United States. While the Company is currently unable to quantify the impact of any potential sanctions or remedial measures, it does not expect such actions will have a material adverse effect on the Company's liquidity, results of operations or financial condition.
	The Company received a non-income tax assessment from a foreign tax authority for approximately $85 million (including penalties and interest). The Company challenged this assessment, but the tax authority's position was upheld in court. The case was heard by a higher court in November 2014, and on February 5, 2015, the Company was informed that the higher court had issued a unfavorable verdict. The Company strongly disagrees with this ruling, however, there are no further appeals available to the Company. The unfavorable ruling has resulted in a charge of $69 million. In order to contest the lower court rulings, legal rules required the Company to deposit the amount of the tax assessment, including penalties and interest. As of December 31, 2014, the Company has made installment payments totaling $76 million and a net refund of approximately $7 million is expected.
	Other litigation is pending against the Company, in many cases involving ordinary and routine claims incidental to the business of the Company and in others presenting allegations that are non-routine and involve compensatory, punitive or treble damage claims as well as other types of relief. The Company records a liability for such matters when it is both probable that the liability has been incurred and the amount of the liability can be reasonably estimated. Recorded amounts are reviewed and adjusted to reflect changes in the factors upon which the estimates are based, including additional information, negotiations, settlements and other events.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
Accumulated Other Comprehensive Income (Loss)	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
	14. Accumulated Other Comprehensive Income (Loss)
	The components of comprehensive income are: (a) net earnings; (b) change in fair value of certain derivative instruments; (c) pension and other postretirement benefit adjustments; and (d) foreign currency translation adjustments. The net effect of exchange rate fluctuations generally reflects changes in the relative strength of the U.S. dollar against major foreign currencies between the beginning and end of the year.
	The following table lists the beginning balance, annual activity and ending balance of each component of accumulated other comprehensive income (loss):

			Net Effect of			Change in			Employee			Total
			Exchange Rate			Certain			Benefit Plans			Accumulated
			Fluctuations			Derivative						Other
						Instruments						Comprehensive
												Income (Loss)
	Balance on January 1, 2013		$	455		$	(14	)	$	(1,947	)	$	(1,506	)
	Change before reclassifications			(226	)		1			503			278
	Amounts reclassified from accumulated other comprehensive income						1	(a)		139	(b)		140
	Tax effect									(33	)		(33	)

	Other comprehensive income (loss) attributable to the Company			(226	)		2			609			385

	Balance on December 31, 2013		$	229		$	(12	)	$	(1,338	)	$	(1,121	)
	Change before reclassifications			(284	)		3			(140	)		(421	)
	Amounts reclassified from accumulated other comprehensive income						(2	)(a)		92	(b)		90
	Translation effect									(32	)		(32	)
	Tax effect									(10	)		(10	)

	Other comprehensive income (loss) attributable to the Company			(284	)		1			(90	)		(373	)

	Balance on December 31, 2014		$	(55	)	$	(11	)	$	(1,428	)	$	(1,494	)




	(a)	Amount is included in Cost of goods sold on the Consolidated Results of Operations (see Note 8 for additional information).
	(b)	Amount is included in the computation of net periodic pension cost and net postretirement benefit cost (see Note 10 for additional information).

Stock_Options_and_Other_Stock_

Stock Options and Other Stock Based Compensation	12 Months Ended
Stock Options and Other Stock Based Compensation	Dec. 31, 2014
Stock Options and Other Stock Based Compensation
Stock Options and Other Stock Based Compensation
	15. Stock Options and Other Stock Based Compensation
	The Company has various nonqualified plans approved by share owners under which it has granted stock options, restricted shares and performance vested restricted share units. At December 31, 2014, there were 9,902,000 shares available for grants under these plans. Total compensation cost for all grants of shares and units under these plans was $21 million, $11 million and $11 million for the years ended December 31, 2014, 2013 and 2012, respectively.
	Stock Options
	Options granted prior to March 22, 2005, all of which are exercisable, expire following termination of employment or the day after the tenth anniversary date of the option grant.
	For options granted after March 21, 2005, no options may be exercised in whole or in part during the first year after the date granted. In general, subject to change in control, these options become exercisable 25% per year beginning on the first anniversary. In general, options expire following termination of employment or the seventh anniversary of the option grant. The fair value of options is amortized over the vesting periods which range from one to four years.
	Stock option information at December 31, 2014 and for the year then ended is as follows:

			Number of			Weighted			Weighted			Aggregate
			Shares			Average			Average			Intrinsic
			(thousands)			Exercise			Remaining			Value
						Price			Contractual
						(per share)			Term
									(years)
	Options outstanding at January 1, 2014			2,421		$	25.5
	Granted			346			33.38
	Exercised			(231	)		21.43
	Forfeited or expired			(115	)		29.43

	Options outstanding at December 31, 2014			2,421			26.83			3.1		$	12


	Options vested or expected to vest at December 31, 2014			2,389		$	26.8			3		$	12


	Options exercisable at December 31, 2014			1,595		$	24.14			2		$	11


	Certain additional information related to stock options is as follows for the periods indicated:

			2014			2013			2012
	Weighted average grant-date fair value of options granted (per share)		$	13.17		$	12.39		$	10.63


	Aggregate intrinsic value of options exercised		$	3		$	16		$	3


	Aggregate cash received from options exercised		$	5		$	24		$	4


	The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model using the following weighted average assumptions:

			2014			2013			2012
	Expected life of options (years)			5.00			5.00			4.75
	Expected stock price volatility			43.0	%		55.3	%		56.6	%
	Risk-free interest rate			1.6	%		0.9	%		0.8	%
	Expected dividend yield			0.0	%		0.0	%		0.0	%
	The expected life of options is determined from historical exercise and termination data. The expected stock price volatility is determined by reference to historical prices over a period equal to the expected life.
	Restricted Shares and Restricted Share Units
	Shares granted to employees prior to March 22, 2005, generally vest after three years or upon retirement, whichever is later. Shares granted after March 21, 2005 and prior to 2011, vest 25% per year beginning on the first anniversary and unvested shares are forfeited upon termination of employment. Restricted share units granted to employees after 2010 vest 25% per year beginning on the first anniversary. Holders of vested restricted share units receive one share of the Company's common stock for each unit. Granted but unvested restricted share units are forfeited upon termination, unless certain retirement criteria are met. Restricted share units granted to directors vest after one year.
	The fair value of the restricted shares and restricted share units is equal to the market price of the Company's common stock on the date of the grant. The fair value of restricted shares granted before March 22, 2005, is amortized ratably over the vesting period. The fair value of restricted shares and restricted share units granted after March 21, 2005, is amortized over the vesting periods which range from one to four years.
	The activity of restricted shares and restricted share units is as follows:

			Number of			Weighted
			Restricted			Average
			Shares			Grant-Date
			(thousands)			Fair Value
						(per share)
	Nonvested at January 1, 2014			457		$	24.14
	Granted			213			33.36
	Vested			(153	)		26.45
	Forfeited			(30	)		27.39

	Nonvested at December 31, 2014			487			27.25


Awards granted during 2013					$	26.49
Awards granted during 2012					$	22.39


		2014			2013			2012
Total fair value of shares vested		$	5		$	5		$	5


Performance Vested Restricted Share Units
Performance vested restricted share units vest on January 1 of the third year following the year in which they are granted. Holders of vested units may receive up to 2 shares of the Company's common stock for each unit, depending upon the attainment of consolidated performance goals established by the Compensation Committee of the Company's Board of Directors. If minimum goals are not met, no shares will be issued. Granted but unvested restricted share units are forfeited upon termination of employment, unless certain retirement criteria are met.
The fair value of each performance vested restricted share unit is equal to the product of the fair value of the Company's common stock on the date of grant and the estimated number of shares into which the performance vested restricted share unit will be converted. The fair value of performance vested restricted share units is amortized ratably over the vesting period. Should the estimated number of shares into which the performance vested restricted share unit will be converted change, an adjustment will be recorded to recognize the accumulated difference in amortization between the revised and previous estimates.
Performance vested restricted share unit activity is as follows:

		Number of			Weighted Average
		Performance			Grant-Date Fair
		Vested Restricted			Value (per unit)
		Shares Units
		(thousands)
Nonvested at January 1, 2014			882		$	25.49
Granted			273			33.41
Vested			(56	)		29.67
Forfeited/Cancelled			(196	)		28.64

Nonvested at December 31, 2014			903			26.94


Awards granted during 2013					$	26.1
Awards granted during 2012					$	22.5
273,000 shares were issued in 2014 with a fair value at issuance date of $2 million related to performance vested restricted share units.
As of December 31, 2014, there was $15 million of total unrecognized compensation cost related to all unvested stock options, restricted shares, restricted share units and performance vested restricted share units. That cost is expected to be recognized over a weighted average period of approximately two years.

Other_Expense

Other Expense	12 Months Ended
Other Expense	Dec. 31, 2014
Other Expense.
Other Expense
	16. Other Expense, net
	Other expense, net for the year ended December 31, 2014, 2013, and 2012 included the following:

		2014			2013			2012
	Restructuring, asset impairment and related charges	$	68		$	97		$	168
	Charge for asbestos-related costs		135			145			155
	Non-income tax charge		69
	Charge for Argentina impairment					22
	Gain on China land compensation								(61	)
	Foreign currency exchange (gain) loss		(2	)		9			8
	Other expense (income)		13			(7	)		(16	)

		$	283		$	266		$	254


	In 2014, the Company recorded charges totaling $76 million for restructuring, asset impairment and related charges. These charges include $68 million recorded to other expense and $8 million recorded to cost of goods sold. See Note 9 for additional information.

Operating_Leases

Operating Leases	12 Months Ended
Operating Leases	Dec. 31, 2014
Operating Leases
Operating Leases
	17. Operating Leases
	Rent expense attributable to all warehouse, office buildings and equipment operating leases was $63 million in 2014, $57 million in 2013, and $76 million in 2012. Minimum future rentals under operating leases are as follows: 2015, $54 million; 2016, $46 million; 2017, $41 million; 2018, $36 million; 2019, $26 million; and 2020 and thereafter, $42 million.

Earnings_Per_Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Dec. 31, 2014
Earnings Per Share
Earnings Per Share
	18. Earnings Per Share
	The following table sets forth the computation of basic and diluted earnings per share:

	Years ended December 31,	2014			2013			2012
	Numerator:
	Net earnings attributable to the Company	$	75		$	184		$	184


	Denominator (in thousands):
	Denominator for basic earnings per share - weighted average shares outstanding		164,720			164,425			164,474
	Effect of dilutive securities:
	Stock options and other		1,327			1,403			1,294

	Denominator for diluted earnings per share - adjusted weighted average shares		166,047			165,828			165,768


	Basic earnings per share:
	Earnings from continuing operations	$	0.6		$	1.22		$	1.13
	Loss from discontinued operations		(0.14	)		(0.11	)		(0.01	)

	Net earnings	$	0.46		$	1.11		$	1.12


	Diluted earnings per share:
	Earnings from continuing operations	$	0.59		$	1.22		$	1.12
	Gain (loss) from discontinued operations		(0.14	)		(0.11	)		(0.01	)

	Net earnings	$	0.45		$	1.11		$	1.11


	Options to purchase 1,143,933, 1,315,216 and 2,125,963 weighted average shares of common stock which were outstanding during 2014, 2013 and 2012, respectively, were not included in the computation of diluted earnings per share because the options' exercise price was greater than the average market price of the common shares.

Supplemental_Cash_Flow_Informa

Supplemental Cash Flow Information	12 Months Ended
Supplemental Cash Flow Information	Dec. 31, 2014
Supplemental Cash Flow Information
Supplemental Cash Flow Information
	19. Supplemental Cash Flow Information
	Changes in the components of working capital related to operations (net of the effects related to acquisitions and divestitures) were as follows:

		2014			2013			2012
	Decrease (increase) in current assets:
	Receivables	$	59		$	18		$	213
	Inventories		(26	)		(30	)		(74	)
	Prepaid expenses and other		(1	)		3			19
	Increase (decrease) in current liabilities:
	Accounts payable		103			128			(53	)
	Accrued liabilities		12			7			(47	)
	Salaries and wages		(3	)		(2	)		29
	U.S. and foreign income taxes		(27	)					(6	)

		$	117		$	124		$	81


	Interest paid in cash, including note repurchase premiums, aggregated $199 million for 2014, $205 million for 2013, and $234 million for 2012.
	Income taxes paid in cash were as follows:

		2014			2013			2012
	U.S.	$	—		$	—		$	—
	Non-U.S.		101			128			132

	Total income taxes paid in cash	$	101		$	128		$	132

Discontinued_Operations

Discontinued Operations	12 Months Ended
Discontinued Operations	Dec. 31, 2014
Discontinued Operations
Discontinued Operations

	20. Discontinued Operations
	The loss from discontinued operations of $23 million for the year ended December 31, 2014 included a settlement of a dispute with a purchaser of a previously disposed business, as well as ongoing costs related to the Venezuela expropriation.
	The loss from discontinued operations of $18 million for the year ended December 31, 2013 included special termination benefits related to a previously disposed business, as well as ongoing costs related to the Venezuelan expropriation.
	The loss from discontinued operations of $2 million for the year ended December 31, 2012 included ongoing costs related to the Venezuelan expropriation.

Financial_Information_for_Subs

Financial Information for Subsidiary Guarantors and Non-Guarantors	12 Months Ended
	Dec. 31, 2014
Financial Information for Subsidiary Guarantors and Non-Guarantors
Financial Information for Subsidiary Guarantors and Non-Guarantors
	21. Financial Information for Subsidiary Guarantors and Non-Guarantors
	The following presents condensed consolidating financial information for the Company, segregating: (1) Owens-Illinois, Inc., the issuer of senior debentures (the "Parent"); (2) the two subsidiaries which have guaranteed the senior debentures on a subordinated basis (the "Guarantor Subsidiaries"); and (3) all other subsidiaries (the "Non-Guarantor Subsidiaries"). The Guarantor Subsidiaries are 100% owned direct and indirect subsidiaries of the Company and their guarantees are full, unconditional and joint and several. They have no operations and function only as intermediate holding companies.
	Certain reclassifications have been made to conform all of the financial information to the financial presentation on a consolidated basis. The principal eliminations relate to investments in subsidiaries and intercompany balances and transactions.

			December 31, 2014
	Balance Sheet		Parent			Guarantor			Non-Guarantor			Eliminations			Consolidated
	Balance Sheet		Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents		$	—		$	—		$	512		$	—		$	512
	Receivables									744						744
	Inventories									1,035						1,035
	Prepaid expenses									80						80

	Total current assets			—			—			2,371			—			2,371
	Investments in and advances to subsidiaries			1,863			1,593						(3,456	)		—
	Property, plant and equipment, net									2,445						2,445
	Goodwill									1,893						1,893
	Other assets									1,149						1,149

	Total assets		$	1,863		$	1,593		$	7,858		$	(3,456	)	$	7,858


	Current liabilities:
	Short-term loans and long-term debt due within one year		$	—		$	—		$	488		$	—		$	488
	Current portion of asbestos liability			143												143
	Accounts payable									1,137						1,137
	Other liabilities			20						560			(20	)		560

	Total current liabilities			163			—			2,185			(20	)		2,328
	Long-term debt			250						2,972			(250			2,972
	Long-term debt			250						2,972			(250	)		2,972
	Asbestos-related liabilities			292												292
	Other long-term liabilities									991						991
	Share owners' equity			1,158			1,593			1,593			(3,186	)		1,158
	Noncontrollling interest									117						117

	Total liabilities and share owners' equity		$	1,863		$	1,593		$	7,858		$	(3,456	)	$	7,858




			December 31, 2013
	Balance Sheet		Parent			Guarantor			Non-Guarantor			Eliminations			Consolidated
	Balance Sheet		Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents		$	—		$	—		$	383		$	—		$	383
	Receivables									943						943
	Inventories									1,117						1,117
	Prepaid expenses									107						107

	Total current assets			—			—			2,550			—			2,550
	Investments in and advances to subsidiaries			2,154			1,904						(4,058	)		—
	Property, plant and equipment, net									2,632						2,632
	Goodwill									2,059						2,059
	Other assets									1,178						1,178

	Total assets		$	2,154		$	1,904		$	8,419		$	(4,058	)	$	8,419


	Current liabilities:
	Short-term loans and long-term debt due within one year		$	—		$	—		$	322		$	—		$	322
	Current portion of asbestos liability			150												150
	Accounts payable									1,144						1,144
Other liabilities									638						638

Total current liabilities			150			—			2,104			—			2,254
Long-term debt			250						3,245			(250			3,245
Long-term debt			250						3,245			(250	)		3,245
Asbestos-related liabilities			298												298
Other long-term liabilities									1,019						1,019
Share owners' equity			1,456			1,904			1,904			(3,808	)		1,456
Noncontrolling interests									147						147

Total liabilities and share owners' equity		$	2,154		$	1,904		$	8,419		$	(4,058	)	$	8,419




		Year ended December 31, 2014
Results of Operations		Parent			Guarantor			Non-Guarantor			Eliminations			Consolidated
Results of Operations		Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales		$	—		$	—		$	6,784		$	—		$	6,784
Cost of goods sold									(5,531	)					(5,531	)

Gross profit			—			—			1,253			—			1,253
Selling and administrative expense									(523						(523
Selling and administrative expense									(523	)					(523	)
Research, development and engineering expense									(63	)					(63	)
Net intercompany interest			20						(20	)					—
Interest expense, net			(20	)					(210	)					(230	)
Equity earnings from subsidiaries			210			210						(420	)		—
Other equity earnings									64						64
Other expense, net			(135	)					(148	)					(283	)

Earnings before income taxes			75			210			353			(420	)		218
Provision for income taxes									(92	)					(92	)

Earnings from continuing operations			75			210			261			(420	)		126
Loss from discontinued operations									(23	)					(23	)

Net earnings			75			210			238			(420	)		103
Net earnings attributable to noncontrolling interests									(28	)					(28	)

Net earnings attributable to the Company		$	75		$	210		$	210		$	(420	)	$	75




		Year ended December 31, 2014
Comprehensive Income		Parent			Guarantor			Non-Guarantor			Eliminations			Consolidated
Comprehensive Income		Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net earnings (loss)		$	75		$	210		$	238		$	(420	)	$	103
Other comprehensive income (loss)			(394	)		(394	)		(394	)		788			(394	)

Total comprehensive income (loss)			(319	)		(184	)		(156	)		368			(291	)
Comprehensive income attributable to noncontrolling interests			21						(7	)		-21			(7	)

Comprehensive income (loss) attributable to the Company		$	(298	)	$	(184	)	$	(163	)	$	347		$	(298	)



		Year ended December 31, 2013
Results of Operations		Parent			Guarantor			Non-			Eliminations			Consolidated
					Subsidiaries			Guarantor
								Subsidiaries
Net sales		$	—		$	—		$	6,967		$	—		$	6,967
Cost of goods sold									(5,636	)					(5,636	)

Gross profit			—			—			1,331			—			1,331
Selling and administrative expense									(506	)					(506	)
Research, development and engineering expense									(62	)					(62	)
Net intercompany interest			20						(20	)
Interest expense, net			(20	)					(209	)					(229	)
Equity earnings from subsidiaries			329			329						(658	)
Other equity earnings									67						67
Other expense, net			(145	)					(121	)					(266	)

Earnings before income taxes			184			329			480			(658	)		335
Provision for income taxes									(120	)					(120	)

Earnings from continuing operations			184			329			360			(658	)		215
Loss from discontinued operations									(18	)					(18	)

Net earnings			184			329			342			(658	)		197
Net earnings attributable to noncontrolling interests									(13	)					(13	)

Net earnings attributable to the Company		$	184		$	329		$	329		$	(658	)	$	184




		Year ended December 31, 2013
Comprehensive Income		Parent			Guarantor			Non-			Eliminations			Consolidated
					Subsidiaries			Guarantor
								Subsidiaries
Net earnings (loss)		$	184		$	329		$	342		$	(658	)	$	197
Other comprehensive income (loss)			379			379			379			(758	)		379

Total comprehensive income (loss)			563			708			721			(1,416	)		576
Comprehensive income attributable to noncontrolling interests			6						(7	)		-6			(7	)

Comprehensive income (loss) attributable to the Company		$	569		$	708		$	714		$	(1,422	)	$	569




		Year ended December 31, 2012
Results of Operations		Parent			Guarantor			Non-			Eliminations			Consolidated
					Subsidiaries			Guarantor
								Subsidiaries
Net sales		$	—		$	—		$	7,000		$	—		$	7,000
Cost of goods sold									(5,626	)					(5,626	)

Gross profit			—			—			1,374			—			1,374
Selling and administrative expense									(555	)					(555	)
Research, development and engineering expense									(62	)					(62	)
Net intercompany interest			20						(20	)
Interest expense, net			(20	)					(219	)					(239	)
Equity earnings from subsidiaries			339			339						(678	)
Other equity earnings									64						64
Other expense, net			(155	)					(99	)					(254	)

Earnings before income taxes			184			339			483			(678	)		328
Provision for income taxes									(108	)					(108	)

Earnings from continuing operations			184			339			375			(678	)		220
Loss from discontinued operations									(2	)					(2	)

Net earnings			184			339			373			(678	)		218
Net earnings attributable to noncontrolling interests									(34	)					(34	)

Net earnings attributable to the Company		$	184		$	339		$	339		$	(678	)	$	184




		Year ended December 31, 2012
Comprehensive Income		Parent			Guarantor			Non-			Eliminations			Consolidated
					Subsidiaries			Guarantor
								Subsidiaries
Net earnings (loss)		$	184		$	339		$	373		$	(678	)	$	218
Other comprehensive income			(177	)		(177	)		(177	)		354			(177	)

Total comprehensive income			7			162			196			(324	)		41
Comprehensive income attributable to noncontrolling interests			-8						(42	)		8			(42	)

Comprehensive income attributable to the Company		$	-1		$	162		$	154		$	(316	)	$	(1	)




		Year ended December 31, 2014
Cash Flows		Parent			Guarantor			Non-			Eliminations			Consolidated
					Subsidiaries			Guarantor
								Subsidiaries
Cash provided by (utilized in) operating activities		$	(148	)	$	—		$	823		$	—		$	675
Cash utilized in investing activities									(455	)					(455	)
Cash provided by (utilized in) financing activities			148						(218	)					(70	)
Effect of exchange rate change on cash									(21	)					(21	)

Net change in cash			—			—			129			—			129
Cash at beginning of period									383						383

Cash at end of period		$	—		$	—		$	512		$	—		$	512




		Year ended December 31, 2013
Cash Flows		Parent			Guarantor			Non-			Eliminations			Consolidated
					Subsidiaries			Guarantor
								Subsidiaries
Cash provided by (utilized in) operating activities		$	(158	)	$	—		$	840		$	—		$	682
Cash utilized in investing activities									(402	)					(402	)
Cash provided by (utilized in) financing activities			158						(479	)					(321	)
Effect of exchange rate change on cash									(7	)					(7	)

Net change in cash			—			—			(48	)		—			(48	)
Cash at beginning of period									431						431

Cash at end of period		$	—		$	—		$	383		$	—		$	383




		Year ended December 31, 2012
Cash Flows		Parent			Guarantor			Non-			Eliminations			Consolidated
					Subsidiaries			Guarantor
								Subsidiaries
Cash provided by (utilized in) operating activities		$	(165	)	$	—		$	740		$	—		$	575
Cash utilized in investing activities									(221	)					(221	)
Cash provided by (utilized in) financing activities			165						(504	)					(339	)
Effect of exchange rate change on cash									16						16

Net change in cash			—			—			31			—			31
Cash at beginning of period									400						400

Cash at end of period		$	—		$	—		$	431		$	—		$	431

SCHEDULE_II_VALUATION_AND_QUAL

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)	12 Months Ended
	Dec. 31, 2014
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)
	SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED)
	Years ended December 31, 2014, 2013, and 2012
	(Millions of Dollars)
	Reserves deducted from assets in the balance sheets:
	Allowances for losses and discounts on receivables

					Additions
			Balance at		Charged to			Other			Deductions			Balance at
			beginning		costs and						(Note 1)			end of
			of period		expenses									period
	2014		$	39	$	15		$	(12	)	$	(8	)	$	34


	2013		$	41	$	11		$	(5	)	$	(8	)	$	39


	2012		$	38	$	17		$	(5	)	$	(9	)	$	41




	-1	Deductions from allowances for losses and discounts on receivables represent uncollectible notes and accounts written off.
	Valuation allowance on net deferred tax assets

			Balance at		Charged to			Charged to			Foreign			Other			Balance at
			beginning		income			other			currency						end of
			of period					comprehensive			translation						period
								income
	2014		$	990	$	37		$	55		$	(15	)	$	(31	)	$	1,036


	2013		$	1,171	$	37		$	(187	)	$	(7	)	$	(24	)	$	990


	2012		$	1,176	$	(7	)	$	(10	)	$	3		$	9		$	1,171

Significant_Accounting_Policie1

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2014
Significant Accounting Policies
Basis of Consolidated Statements
	Basis of Consolidated Statements The consolidated financial statements of Owens-Illinois, Inc. (the "Company") include the accounts of its subsidiaries. Newly acquired subsidiaries have been included in the consolidated financial statements from dates of acquisition.
	The Company uses the equity method of accounting for investments in which it has a significant ownership interest, generally 20% to 50%. Other investments are accounted for at cost. The Company monitors other than temporary declines in fair value and records reductions in carrying values when appropriate.

Nature of Operations	Nature of Operations The Company is a leading manufacturer of glass container products. The Company's principal product lines are glass containers for the food and beverage industries. The Company has glass container operations located in 21 countries. The principal markets and operations for the Company's products are in Europe, North America, South America and Asia Pacific.

Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management of the Company to make estimates and assumptions that affect certain amounts reported in the financial statements and accompanying notes. Actual results may differ from those estimates, at which time the Company would revise its estimates accordingly.

Foreign Currency Translation	Foreign Currency Translation The assets and liabilities of non-U.S. subsidiaries are translated into U.S. dollars at year-end exchange rates. Any related translation adjustments are recorded in accumulated other comprehensive income in share owners' equity.

Revenue Recognition	Revenue Recognition The Company recognizes sales, net of estimated discounts and allowances, when the title to the products and risk of loss are transferred to customers. Provisions for rebates to customers are provided in the same period that the related sales are recorded.

Shipping and Handling Costs	Shipping and Handling Costs Shipping and handling costs are included with cost of goods sold in the Consolidated Results of Operations.

Stock-Based Compensation	Stock-Based Compensation The Company has various stock-based compensation plans consisting of stock option grants and restricted share awards. Costs resulting from all share-based compensation plans are required to be recognized in the financial statements. A public entity is required to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. That cost is recognized over the required service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the required service.

Cash	Cash The Company defines "cash" as cash and time deposits with maturities of three months or less when purchased. Outstanding checks in excess of funds on deposit are included in accounts payable.

Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable Receivables are stated at amounts estimated by management to be the net realizable value. The Company charges off accounts receivable when it becomes apparent based upon age or customer circumstances that amounts will not be collected.
	Allowance for Doubtful Accounts The allowance for doubtful accounts is established through charges to the provision for bad debts. The Company evaluates the adequacy of the allowance for doubtful accounts on a periodic basis. The evaluation includes historical trends in collections and write-offs, management's judgment of the probability of collecting accounts and management's evaluation of business risk.

Inventory Valuation	Inventory Valuation Inventories are valued at the lower of average costs or market.

Goodwill	Goodwill Goodwill represents the excess of cost over fair value of net assets of businesses acquired. Goodwill is evaluated annually, as of October 1, for impairment or more frequently if an impairment indicator exists.

Intangible Assets and Other Long-Lived Assets	Intangible Assets and Other Long-Lived Assets Intangible assets are amortized over the expected useful life of the asset. Amortization expense directly attributed to the manufacturing of the Company's products is included in cost of goods sold. Amortization expense related to non-manufacturing activities is included in selling and administrative and other. The Company evaluates the recoverability of intangible assets and other long-lived assets based on undiscounted projected cash flows, excluding interest and taxes, when factors indicate that impairment may exist. If impairment exists, the asset is written down to fair value.

Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment ("PP&E") is carried at cost and includes expenditures for new facilities and equipment and those costs which substantially increase the useful lives or capacity of existing PP&E. In general, depreciation is computed using the straight-line method and recorded over the estimated useful life of the asset. Factory machinery and equipment is depreciated over periods ranging from 5 to 25 years with the majority of such assets (principally glass-melting furnaces and forming machines) depreciated over 7 to 15 years. Buildings and building equipment are depreciated over periods ranging from 10 to 50 years. Depreciation expense directly attributed to the manufacturing of the Company's products is included in cost of goods sold. Depreciation expense related to non-manufacturing activities is included in selling and administrative. Depreciation expense includes the amortization of assets recorded under capital leases. Maintenance and repairs are expensed as incurred. Costs assigned to PP&E of acquired businesses are based on estimated fair values at the date of acquisition. The Company evaluates the recoverability of PP&E based on undiscounted projected cash flows, excluding interest and taxes, when factors indicate that impairment may exist. If impairment exists, the asset is written down to fair value.

Derivative Instruments	Derivative Instruments The Company uses forward exchange contracts, options and commodity forward contracts to manage risks generally associated with foreign exchange rate and commodity market volatility. Derivative financial instruments are included on the balance sheet at fair value. When appropriate, derivative instruments are designated as and are effective as hedges, in accordance with accounting principles generally accepted in the United States. If the underlying hedged transaction ceases to exist, all changes in fair value of the related derivatives that have not been settled are recognized in current earnings. The Company does not enter into derivative financial instruments for trading purposes and is not a party to leveraged derivatives. Cash flows from short-term forward exchange contracts not designated as hedges are classified as a financing activity. Cash flows of commodity forward contracts are classified as operating activities.

Fair Value Measurements	Fair Value Measurements Fair value is defined as the amount that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. Generally accepted accounting principles defines a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows:
	Level 1: Observable inputs such as quoted prices in active markets;
	Level 2: Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and
	Level 3: Unobservable inputs for which there is little or no market data, which requires the Company to develop assumptions.
	The carrying amounts reported for cash and short-term loans approximate fair value. In addition, carrying amounts approximate fair value for certain long-term debt obligations subject to frequently redetermined interest rates. Fair values for the Company's significant fixed rate debt obligations are generally based on published market quotations.
	The Company's derivative assets and liabilities consist of natural gas forwards and foreign exchange option and forward contracts. The Company uses an income approach to valuing these contracts. Natural gas forward rates and foreign exchange rates are the significant inputs into the valuation models. These inputs are observable in active markets over the terms of the instruments the Company holds, and accordingly, the Company classifies its derivative assets and liabilities as Level 2 in the hierarchy. The Company also evaluates counterparty risk in determining fair values.

Reclassifications	Reclassifications Certain reclassifications of prior years' data have been made to conform to the current year presentation.

New Accounting Standards	New Accounting Standards In May 2014, the Financial Accounting Standards Board issued a new standards update "Revenue from Contracts with Customers," which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The new standard will become effective for the Company on January 1, 2017. Early application is not permitted. The Company is evaluating the effect this standard will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor determined the effect of the standard on its ongoing financial reporting.

Segment_Information_Tables

Segment Information (Tables)	12 Months Ended
Segment Information (Tables)	Dec. 31, 2014
Segment Information
Net sales for the Company's reportable segments

		2014			2013			2012
	Net sales:
	Europe	$	2,794		$	2,787		$	2,717
	North America		2,003			2,002			1,966
	South America		1,159			1,186			1,252
	Asia Pacific		793			966			1,028

	Reportable segment totals		6,749			6,941			6,963
	Other		35			26			37

	Net sales	$	6,784		$	6,967		$	7,000




Segment operating profit (loss) for the Company's reportable segments
		2014			2013			2012
	Segment operating profit:
	Europe	$	353		$	305		$	307
	North America		240			307			288
	South America		227			204			227
	Asia Pacific		88			131			113

	Reportable segment totals		908			947			935
	Items excluded from segment operating profit:
	Retained corporate costs and other		(100	)		(119	)		(106	)
	Restructuring, asset impairment and other charges		(91	)		(119	)		(168	)
	Charge for asbestos-related costs		(135	)		(145	)		(155	)
	Pension settlement charges		(65	)
	Non-income tax charge		(69	)
	Gain on China land compensation								61
	Interest expense, net		(230	)		(229	)		(239	)

	Earnings from continuing operations before income taxes	$	218		$	335		$	328




Total assets for the Company's reportable segments
		Europe			North			South			Asia		Reportable		Retained		Consolidated
					America			America			Pacific		Segment		Corp Costs		Totals
													Totals		and Other
	Total assets:
	2014	$	3,223		$	1,971		$	1,300		$	1,018	$	7,512	$	346	$	7,858
	2013		3,509			1,995			1,467			1,150		8,121		298		8,419
	2012		3,362			1,994			1,655			1,349		8,360		238		8,598
	Equity investments:
	2014	$	81		$	24		$	—		$	153	$	258	$	169	$	427
	2013		84			25						155		264		51		315
	2012		63			25						165		253		41		294
	Equity earnings:
	2014	$	19		$	17		$	—		$	4	$	40	$	24	$	64
	2013		17			16						10		43		24		67
	2012		15			16						5		36		28		64
	Capital expenditures:
	2014	$	188		$	89		$	55		$	34	$	366	$	3	$	369
	2013		130			100			80			36		346		15		361
	2012		87			68			75			49		279		11		290
	Depreciation and amortization expense:
	2014	$	140		$	131		$	79		$	53	$	403	$	15	$	418
	2013		139			110			72			62		383		14		397
	2012		150			107			70			70		397		15		412


Schedule of segment information by geographic segment
	The Company's net property, plant and equipment by geographic segment are as follows:

		U.S.			Non-U.S.			Total
	2014	$	713		$	1,732		$	2,445
	2013		686			1,946			2,632
	2012		663			2,106			2,769

	The Company's net sales by geographic segment are as follows:

		U.S.			Non-U.S.			Total
	2014	$	1,852		$	4,932		$	6,784
	2013		1,809			5,158			6,967
	2012		1,780			5,220			7,000

Receivables_Tables

Receivables (Tables)	12 Months Ended
Receivables (Tables)	Dec. 31, 2014
Receivables
Schedule of receivables
		2014		2013
	Trade accounts receivable	$	583	$	757
	Less: allowances for doubtful accounts and discounts		34		39

	Net trade receivables		549		718
	Other receivables		195		225

		$	744	$	943

Inventories_Tables

Inventories (Tables)	12 Months Ended
Inventories (Tables)	Dec. 31, 2014
Inventories
Major classes of inventory
		2014		2013
	Finished goods	$	884	$	958
	Raw materials		110		113
	Operating supplies		41		46

		$	1,035	$	1,117

Equity_Investments_Tables

Equity Investments (Tables)	12 Months Ended
Equity Investments (Tables)	Dec. 31, 2014
Equity Investments
Company's ownership percentage in affiliates
	Affiliates	O-I Ownership		Business Type
	Affiliates	Percentage		Business Type
	BJC O-I Glass Pte. Ltd.	50%		Glass container manufacturer
	CO Vidrieria SARL	50%		Glass container manufacturer
	Rocky Mountain Bottle Company	50%		Glass container manufacturer
	Tata Chemical (Soda Ash) Partners	25%		Soda ash supplier
	Vetrerie Meridionali SpA ("VeMe")	50%		Glass container manufacturer
	Vetri Speciali SpA	50%		Speciality glass manufacturer


Equity in earnings
		2014			2013		2012
	Equity in earnings:
	Non-U.S.	$	23		$	27	$	20
	U.S.		41			40		44

	Total	$	64		$	67	$	64


	Dividends received	$	54		$	67	$	50



Summary of balance sheet information of equity investments
		2014			2013
	At end of year:
	Current assets	$	479		$	419
	Non-current assets		718			528

	Total assets		1,197			947
	Current liabilities		217			224
	Other liabilities and deferred items		191			193

	Total liabilities and deferred items		408			417

	Net assets	$	789		$	530




Summary of income statement information of equity investments		2014			2013		2012
	For the year:
	Net sales	$	752		$	699	$	658


	Gross profit	$	198		$	185	$	191


	Net earnings	$	150		$	149	$	143

Goodwill_Tables

Goodwill (Tables)	12 Months Ended
Goodwill (Tables)	Dec. 31, 2014
Goodwill
Schedule of changes in carrying amount of goodwill		Europe			North			South			Other		Total
		Europe			America			America			Other		Total
	Balance as of January 1, 2012		983			740			354			5		2,082
	Translation effects		23			3			(29	)				(3	)

	Balance as of December 31, 2012		1,006			743			325			5		2,079
	Translation effects		38			(9	)		(49	)				(20	)

	Balance as of December 31, 2013		1,044			734			276			5		2,059
	Translation effects		(118	)		(11	)		(37	)				(166	)

	Balance as of December 31, 2014	$	926		$	723		$	239		$	5	$	1,893

Other_Assets_Tables

Other Assets (Tables)	12 Months Ended
Other Assets (Tables)	Dec. 31, 2014
Other Assets
Schedule of other assets	Other assets consist of the following
		2014		2013
	Deferred tax assets	$	203	$	237
	Deferred returnable packaging costs		126		124
	Repair part inventories		107		116
	Capitalized software		101		114
	Non-income tax receivable		58		70
	Deferred finance fees		21		33
	Intangibles		18		23
	Other		66		78

		$	700	$	795

Restructuring_Accruals_Asset_I1

Restructuring Accruals, Asset Impairments and Other Cost Related to Closed Facilities (Tables)	12 Months Ended
	Dec. 31, 2014
Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities
Selected information related to the restructuring accruals		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at January 1, 2013		53			6			64			123
	2013 charges		16			49			32			97
	Write-down of assets to net realizable value		(3	)		(11	)		(2	)		(16	)
	Net cash paid, principally severance and related benefits		(37	)		(16	)		(25	)		(78	)
	Pension charges transferred to other accounts					(6	)					(6	)
	Other, including foreign exchange translation		1			(2	)		(5	)		(6	)

	Balance at December 31, 2013		30			20			64			114
	2014 charges		1			73			2			76
	Write-down of assets to net realizable value					(46	)					(46	)
	Net cash paid, principally severance and related benefits		(12	)		(20	)		(26	)		(58	)
	Pension charges transferred to other accounts					(7	)					(7	)
	Other, including foreign exchange translation		(7	)		(8	)		(4	)		(19	)

	Balance at December 31, 2014	$	12		$	12		$	36		$	60

Pensions_Benefit_Plans_and_Oth1

Pensions Benefit Plans and Other Postretirement Benefits (Tables)	12 Months Ended
	Dec. 31, 2014
Pension Benefit Plans
Defined Benefit Plans and Other Postretirement Benefit Plans
Changes in the benefit obligations
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Obligations at beginning of year	$	2,275		$	2,647		$	1,866		$	1,911
	Change in benefit obligations:
	Change in benefit obligations:
	Service cost		22			27			23			33
	Interest cost		105			106			69			72
	Actuarial (gain) loss, including the effect of change in discount rates		264			(234	)		131			(5	)
	Curtailment, settlement, and plan amendment		(56	)					(567	)		(52	)
	Special termination					8
	Participant contributions								5			7
	Benefit payments		(182	)		(279	)		(91	)		(101	)
	Foreign currency translation								(125	)		1

	Net change in benefit obligations		153			(372	)		(555	)		(45	)

	Obligations at end of year	$	2,428		$	2,275		$	1,311		$	1,866




Changes in the fair value of the pension plans' assets
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Fair value at beginning of year	$	2,273		$	2,175		$	1,578		$	1,527
	Change in fair value:
	Change in fair value:
	Actual gain on plan assets		155			365			188			61
	Benefit payments		(182	)		(279	)		(91	)		(101	)
	Employer contributions					12			28			92
	Participant contributions								5			7
	Settlements		(56	)					(519	)
	Foreign currency translation								(94	)		(5	)
	Other								(1	)		(3	)

	Net change in fair value of assets		(83	)		98			(484	)		51

	Fair value at end of year	$	2,190		$	2,273		$	1,094		$	1,578




Funded status
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Plan assets at fair value	$	2,190		$	2,273		$	1,094		$	1,578
	Projected benefit obligations		2,428			2,275			1,311			1,866

	Plan assets less than projected benefit obligations		(238	)		(2	)		(217	)		(288	)
	Items not yet recognized in pension expense:
	Actuarial loss		1,125			935			347			488
	Prior service cost (credit)		(2	)		2						(25	)

			1,123			937			347			463

	Net amount recognized	$	885		$	935		$	130		$	175




Net amount recognized included in the Consolidated Balance Sheets
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Pension assets	$	—		$	46		$	22		$	22
	Current pension liability, included with Other accrued liabilities		(3	)		(2	)		(9	)		(6	)
	Pension benefits		(235	)		(46	)		(230	)		(304	)
	Accumulated other comprehensive loss		1,123			937			347			463

	Net amount recognized	$	885		$	935		$	130		$	175




Changes in plan assets and/or benefit obligations recognized in accumulated other comprehensive income
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Current year actuarial (gain) loss	$	285		$	(416	)	$	(23	)	$	28
	Amortization of actuarial loss		(68	)		(110	)		(20	)		(28	)
	Amortization of prior service credit								2			1
	Curtailment and plan amendment								22			(52	)
	Settlement		(30	)					(64	)		(6	)

			187			(526	)		(83	)		(57	)
	Translation								(32	)		(5	)

		$	187		$	(526	)	$	(115	)	$	(62	)




Components of net periodic pension cost (income) and net periodic postretirement (benefit) cost		U.S.									Non-U.S.
		2014			2013			2012			2014			2013			2012
	Service cost	$	22		$	27		$	27		$	23		$	33		$	26
	Interest cost		105			106			114			69			72			77
	Expected asset return		(176	)		(183	)		(183	)		(86	)		(91	)		(87	)
	Amortization:
	Actuarial loss		68			110			96			18			28			22
	Prior service credit														(1	)

	Net amortization		68			110			96			18			27			22

	Net expense	$	19		$	60		$	54		$	24		$	41		$	38




Amounts amortized from accumulated other comprehensive income during 2015		U.S.			Non-U.S.
	Amortization:
	Actuarial loss	$	73		$	16
	Prior service cost		1

	Net amortization	$	74		$	16




Information for plans with projected and accumulated benefit obligations in excess of the fair value of plan assets
		Projected Benefit Obligation Exceeds												Accumulated Benefit Obligation
		the Fair Value of Plan Assets												Exceeds the Fair Value of Plan Assets
		U.S.						Non-U.S.						U.S.						Non-U.S.
		2014			2013			2014			2013			2014			2013			2014		2013
	Projected benefit obligations	$	2,428		$	674		$	1,049		$	1,588		$	2,428		$	674		$	1,049	$	1,588
	Accumulated benefit obligation		2,392			646			1,023			1,537			2,392			646			1,023		1,537
	Fair value of plan assets		2,190			626			810			1,278			2,190			626			810		1,278


Weighted average assumptions used to determine benefit obligations and net periodic pension costs for pension plans, and accumulated postretirement benefit obligation and net postretirement benefit cost for postretirement plans	The weighted average assumptions used to determine benefit obligations are as follows:

		U.S.				Non-U.S.
		2014		2013		2014		2013
	Discount rate	4.05%		4.81%		3.58%		4.14%
	Rate of compensation increase	2.96%		2.97%		2.89%		3.31%

	The weighted average assumptions used to determine net periodic pension costs are as follows:

		U.S.						Non-U.S.
		2014		2013		2012		2014		2013		2012
	Discount rate	4.81%		4.11%		4.59%		4.14%		3.89%		4.75%
	Rate of compensation increase	2.97%		2.97%		3.14%		3.31%		3.08%		3.23%
	Expected long-term rate of return on assets	8.00%		8.00%		8.00%		7.23%		6.34%		6.24%


Fair values of defined benefit pension plan assets and target allocations
		2014									2013
		2014									2013									Target
		Level 1			Level 2			Level 3			Level 1			Level 2			Level 3			Allocation
	Cash and cash equivalents	$	14		$	—		$	—		$	39		$	6		$	—
	Equity securities		343			200						387			210					45 - 55%
	Debt securities		364			119			2			752			116			2		40 - 50%
	Real estate					30			3									6		0 - 10%
	Other					19						13			47					0 - 10%

	Total assets at fair value	$	721		$	368		$	5		$	1,191		$	379		$	8




Reconciliation of pension plan assets recorded at fair value using significant unobservable inputs (Level 3)
		2014			2013
	Beginning balance	$	8		$	18
	Net increase (decrease)		(3	)		(10	)

	Ending balance	$	5		$	8




Estimated future benefit payments, reflecting expected future service, as appropriate, expected to be paid
	Year(s)	U.S.			Non-U.S.
	2015	$	184		$	61
	2016		177			63
	2017		169			63
	2018		165			65
	2019		163			68
	2020 - 2024		780			373


Postretirement Benefits Other Than Pensions
Defined Benefit Plans and Other Postretirement Benefit Plans
Changes in the benefit obligations
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Obligations at beginning of year	$	111		$	181		$	90		$	102
	Change in benefit obligations:
	Service cost					1			1			1
	Interest cost		5			5			4			4
	Actuarial (gain) loss, including the effect of changing discount rates		7			1			(2	)		(7	)
	Benefit payments		(12	)		(15	)		(3	)		(4	)
	Curtailment					(62	)
	Foreign currency translation								(7	)		(6	)
	Other								(2	)

	Net change in benefit obligations		—			(70	)		(9	)		(12	)

	Obligations at end of year	$	111		$	111		$	81		$	90




Funded status
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Postretirement benefit obligations	$	(111	)	$	(111	)	$	(81	)	$	(90	)
	Items not yet recognized in net postretirement benefit cost:
	Actuarial loss		35			30			(3	)		(2	)
	Prior service credit		(46	)		(54	)

			(11	)		(24	)		(3	)		(2	)

	Net amount recognized	$	(122	)	$	(135	)	$	(84	)	$	(92	)




Net amount recognized included in the Consolidated Balance Sheets
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Current nonpension postretirement benefit, included with Other accrued liabilities	$	(11	)	$	(10	)	$	(3	)	$	(4	)
	Nonpension postretirement benefits		(100	)		(101	)		(78	)		(86	)
	Accumulated other comprehensive loss		(11	)		(24	)		(3	)		(2	)

	Net amount recognized	$	(122	)	$	(135	)	$	(84	)	$	(92	)




Changes in plan assets and/or benefit obligations recognized in accumulated other comprehensive income		U.S.						Non-U.S.
		2014			2013			2014			2013
	Current year actuarial (gain) loss	$	7		$	1		$	(2	)	$	(7	)
	Curtailment					(57	)
	Amortization of actuarial loss		(2	)		(3	)
	Amortization of prior service credit		8			7
	Other adjustments								1

		$	13		$	(52	)	$	(1	)	$	(7	)




Components of net periodic pension cost (income) and net periodic postretirement (benefit) cost
		U.S.									Non-U.S.
		2014			2013			2012			2014			2013			2012
	Service cost	$	—		$	1		$	1		$	1		$	1		$	1
	Interest cost		5			5			8			4			4			4
	Curtailment gain					(5	)
	Amortization:
	Actuarial loss		2			3			5
	Prior service credit		(8	)		(7	)		(3	)

	Net amortization		(6	)		(4	)		2			—			—			—

	Net postretirement benefit (income) cost	$	(1	)	$	(3	)	$	11		$	5		$	5		$	5




Amounts amortized from accumulated other comprehensive income during 2015
		U.S.			Non-U.S.
	Amortization:
	Actuarial loss	$	2		$	—
	Prior service credit		(8	)

	Net amortization	$	(6	)	$	—




Weighted average assumptions used to determine benefit obligations and net periodic pension costs for pension plans, and accumulated postretirement benefit obligation and net postretirement benefit cost for postretirement plans
		U.S.						Non-U.S.
		2014		2013		2012		2014		2013		2012
	Accumulated post retirement benefit obligation	4.00%		4.63%		4.04%		3.75%		4.47%		3.89%
	Net postretirement benefit cost	4.63%		4.04%		4.47%		4.47%		3.89%		4.13%


Estimated future benefit payments, reflecting expected future service, as appropriate, expected to be paid
	Year(s)	U.S.			Non-U.S.
	2015	$	11		$	3
	2016		11			3
	2017		11			3
	2018		11			3
	2019		10			3
	2020 - 2024		46			18


Weighted average assumed health care cost trend rates
		U.S.				Non-U.S.
		2014		2013		2014		2013
	Health care cost trend rate assumed for next year	7.00%		7.00%		5.00%		5.00%
	Rate to which the cost trend rate is assumed to decline (ultimate trend rate)	5.00%		5.00%		5.00%		5.00%
	Year that the rate reaches the ultimate trend rate	2024		2024		2014		2014


Effects of one-percentage-point change in assumed health care cost trend rates on amount reported for the postretirement benefit plans
		U.S.						Non-U.S.
		1-Percentage-Point						1-Percentage-Point
		Increase			Decrease			Increase			Decrease
	Effect on total of service and interest cost	$	—		$	—		$	1		$	(1	)
	Effect on accumulated postretirement benefit obligations		5			(4	)		14			(11	)

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Dec. 31, 2014
Income Taxes
Provision (benefit) for income taxes calculated based on components of earnings (loss) before income taxes
	Continuing operations	2014			2013			2012
	U.S.	$	(53	)	$	86		$	32
	Non-U.S.		271			249			296

		$	218		$	335		$	328




	Discontinued operations	2014			2013			2012
	U.S.	$	(19	)	$	(8	)	$	—
	Non-U.S.		(4	)		(10	)		(5	)

		$	(23	)	$	(18	)	$	(5	)




Provision (benefit) for income taxes
		2014			2013			2012
	Current:
	U.S.	$	7		$	7		$	(4	)
	Non-U.S.		103			116			117

			110			123			113

	Deferred:
	U.S.								8
	Non-U.S.		(18	)		(3	)		(13	)

			(18	)		(3	)		(5	)

	Total:
	U.S.		7			7			4
	Non-U.S.		85			113			104

	Total for continuing operations		92			120			108
	Total for discontinued operations								(3	)

		$	92		$	120		$	105




Reconciliation of the provision for income taxes
		2014			2013			2012
	Tax provision on pretax earnings from continuing operations at statutory U.S. Federal tax rate	$	76		$	117		$	115
	Increase (decrease) in provision for income taxes due to:
	Increase (decrease) in provision for income taxes due to:
	Differences in income taxes on foreign earnings, losses and remittances		(18	)		(29	)		(5	)
	Changes in valuation allowance		37			37			(7	)
	Tax audits and settlements		2			1			(1	)
	Other items		(5	)		(6	)		6

	Provision for income taxes	$	92		$	120		$	108




Significant components of deferred tax assets and liabilities and deferred taxes included in the Consolidated Balance Sheets	Significant components of the Company's deferred tax assets and liabilities at December 31, 2014 and 2013 are as follows:

		2014			2013
	Deferred tax assets:
	Accrued postretirement benefits	$	58		$	60
	Asbestos-related liabilities		152			157
	Foreign tax credit		376			356
	Operating and capital loss carryovers		464			489
	Other credit carryovers		37			46
	Accrued liabilities		85			89
	Pension liability		117			47
	Other		65			73

	Total deferred tax assets		1,354			1,317
	Deferred tax liabilities:
	Deferred tax liabilities:
	Property, plant and equipment		127			126
	Exchangeable notes					10
	Intangibles		34			27
	Other		36			59

	Total deferred tax liabilities		197			222
	Valuation allowance		(1,036	)		(990	)

	Net deferred taxes	$	121		$	105



	Deferred taxes are included in the Consolidated Balance Sheets at December 31, 2014 and 2013 as follows:

		2014			2013
	Prepaid expenses	$	39		$	64
	Other assets		203			237
	Deferred taxes		(121	)		(196	)

	Net deferred taxes	$	121		$	105




Reconciliation of the gross unrecognized tax benefits
		2014			2013			2012
	Balance at January 1	$	100		$	97		$	125
	Additions and reductions for tax positions of prior years		(13	)		(3	)		8
	Additions based on tax positions related to the current year		10			9			7
	Reductions due to the lapse of the applicable statute of limitations		(8	)		(2	)		(21	)
	Reductions due to settlements		(1	)					(26	)
	Foreign currency translation		(11	)		(1	)		4

	Balance at December 31	$	77		$	100		$	97


	Unrecognized tax benefits, which if recognized, would impact the Company's effective income tax rate	$	70		$	92		$	89


	Accrued interest and penalties at December 31	$	29		$	35		$	33


	Interest and penalties included in tax expense for the years ended December 31	$	(2	)	$	1		$	(6	)

Debt_Tables

Debt (Tables)	12 Months Ended
Debt (Tables)	Dec. 31, 2014
Debt
Long-term Debt
		2014			2013
	Secured Credit Agreement:
	Revolving Credit Facility:
	Revolving Loans	$	—		$	—
	Term Loans:
	Term Loan B		405			405
	Term Loan C (81 million CAD at December 31, 2014)		70			76
	Term Loan D (€85 million at December 31, 2014)		103			117
	Senior Notes:
	3.00%, Exchangeable, due 2015		18			617
	7.375%, net of discount, due 2016		596			593
	6.75%, due 2020 (€500 million)		608			690
	4.875%, due 2021 (€330 million)		401			455
	5.00%, due 2022		494
	5.375%, due 2025		296
	Senior Debentures:
	7.80%, due 2018		250			250
	Capital leases		63			37
	Other		29			21

	Total long-term debt		3,333			3,261
	Less amounts due within one year		361			16

	Long-term debt	$	2,972		$	3,245




Information related to accounts receivable securitization program
		2014			2013
	Balance (included in short-term loans)	$	122		$	276
	Weighted average interest rate		1.41			1.41
	Weighted average interest rate		1.41	%		1.41	%


Fair values of the Company's significant fixed rate debt obligations
		Principal			Indicated			Fair
		Amount			Market			Value
					Price
	Senior Notes:
	7.375%, due 2016	$	600		$	106.70		$	640
	6.75%, due 2020 (€500 million)		608			118.85			723
	4.875%, due 2021 (€330 million)		401			110.00			441
	5.00%, due 2022		500			101.81			509
	5.375%, due 2025		300			101.25			304
	Senior Debentures:
	7.80%, due 2018		250			112.31			281

Contingencies_Tables

Contingencies (Tables)	12 Months Ended
Contingencies (Tables)	Dec. 31, 2014
Contingencies
Asbestos filings and the claims pending at the end of each listed year
		2014		2013		2012
	Pending at beginning of year		2,620		2,610		4,640
	Disposed		1,870		1,700		4,390
	Filed		1,470		1,710		2,360

	Pending at end of year		2,220		2,620		2,610

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
Accumulated Other Comprehensive Loss (Tables)	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss)
Component of accumulated other comprehensive income (loss)			Net Effect of			Change in			Employee			Total
			Exchange Rate			Certain			Benefit Plans			Accumulated
			Fluctuations			Derivative						Other
						Instruments						Comprehensive
												Income (Loss)
	Balance on January 1, 2013		$	455		$	(14	)	$	(1,947	)	$	(1,506	)
	Change before reclassifications			(226	)		1			503			278
	Amounts reclassified from accumulated other comprehensive income						1	(a)		139	(b)		140
	Tax effect									(33	)		(33	)

	Other comprehensive income (loss) attributable to the Company			(226	)		2			609			385

	Balance on December 31, 2013		$	229		$	(12	)	$	(1,338	)	$	(1,121	)
	Change before reclassifications			(284	)		3			(140	)		(421	)
	Amounts reclassified from accumulated other comprehensive income						(2	)(a)		92	(b)		90
	Translation effect									(32	)		(32	)
	Tax effect									(10	)		(10	)

	Other comprehensive income (loss) attributable to the Company			(284	)		1			(90	)		(373	)

	Balance on December 31, 2014		$	(55	)	$	(11	)	$	(1,428	)	$	(1,494	)




	(a)	Amount is included in Cost of goods sold on the Consolidated Results of Operations (see Note 8 for additional information).
	(b)	Amount is included in the computation of net periodic pension cost and net postretirement benefit cost (see Note 10 for additional information).

Stock_Options_and_Other_Stock_1

Stock Options and Other Stock Based Compensation (Tables)	12 Months Ended
Stock Options and Other Stock Based Compensation (Tables)	Dec. 31, 2014
Stock Options and Other Stock Based Compensation
Summary of option activity
		Number of			Weighted			Weighted			Aggregate
		Shares			Average			Average			Intrinsic
		(thousands)			Exercise			Remaining			Value
					Price			Contractual
					(per share)			Term
								(years)
	Options outstanding at January 1, 2014		2,421		$	25.5
	Granted		346			33.38
	Exercised		(231	)		21.43
	Forfeited or expired		(115	)		29.43

	Options outstanding at December 31, 2014		2,421			26.83			3.1		$	12


	Options vested or expected to vest at December 31, 2014		2,389		$	26.8			3		$	12


	Options exercisable at December 31, 2014		1,595		$	24.14			2		$	11




Additional information related to stock options
		2014			2013			2012
	Weighted average grant-date fair value of options granted (per share)	$	13.17		$	12.39		$	10.63


	Aggregate intrinsic value of options exercised	$	3		$	16		$	3


	Aggregate cash received from options exercised	$	5		$	24		$	4




Schedule of weighted average assumptions used to estimate the fair value of each option grant on the date of grant using the Black-Scholes option pricing model
		2014			2013			2012
	Expected life of options (years)		5.00			5.00			4.75
	Expected stock price volatility		43.0	%		55.3	%		56.6	%
	Risk-free interest rate		1.6	%		0.9	%		0.8	%
	Expected dividend yield		0.0	%		0.0	%		0.0	%


Restricted shares and restricted share units activity
		Number of			Weighted
		Restricted			Average
		Shares			Grant-Date
		(thousands)			Fair Value
					(per share)
	Nonvested at January 1, 2014		457		$	24.14
	Granted		213			33.36
	Vested		(153	)		26.45
	Forfeited		(30	)		27.39

	Nonvested at December 31, 2014		487			27.25


	Awards granted during 2013				$	26.49
	Awards granted during 2012				$	22.39


		2014			2013			2012
	Total fair value of shares vested	$	5		$	5		$	5




Performance vested restricted share unit activity
		Number of			Weighted Average
		Performance			Grant-Date Fair
		Vested Restricted			Value (per unit)
		Shares Units
		(thousands)
	Nonvested at January 1, 2014		882		$	25.49
	Granted		273			33.41
	Vested		(56	)		29.67
	Forfeited/Cancelled		(196	)		28.64

	Nonvested at December 31, 2014		903			26.94


	Awards granted during 2013				$	26.1
	Awards granted during 2012				$	22.5

Other_Expense_net_Tables

Other Expense, net (Tables)	12 Months Ended
Other Expense, net (Tables)	Dec. 31, 2014
Other Expense.
Schedule of Other Expense, net
		2014			2013			2012
	Restructuring, asset impairment and related charges	$	68		$	97		$	168
	Charge for asbestos-related costs		135			145			155
	Non-income tax charge		69
	Charge for Argentina impairment					22
	Gain on China land compensation								(61	)
	Foreign currency exchange (gain) loss		(2	)		9			8
	Other expense (income)		13			(7	)		(16	)

		$	283		$	266		$	254

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Dec. 31, 2014
Earnings Per Share
Computation of basic and diluted earnings per share
	Years ended December 31,	2014			2013			2012
	Numerator:
	Net earnings attributable to the Company	$	75		$	184		$	184


	Denominator (in thousands):
	Denominator for basic earnings per share - weighted average shares outstanding		164,720			164,425			164,474
	Effect of dilutive securities:
	Stock options and other		1,327			1,403			1,294

	Denominator for diluted earnings per share - adjusted weighted average shares		166,047			165,828			165,768


	Basic earnings per share:
	Earnings from continuing operations	$	0.6		$	1.22		$	1.13
	Loss from discontinued operations		(0.14	)		(0.11	)		(0.01	)

	Net earnings	$	0.46		$	1.11		$	1.12


	Diluted earnings per share:
	Earnings from continuing operations	$	0.59		$	1.22		$	1.12
	Gain (loss) from discontinued operations		(0.14	)		(0.11	)		(0.01	)

	Net earnings	$	0.45		$	1.11		$	1.11

Supplemental_Cash_Flow_Informa1

Supplemental Cash Flow Information (Tables)	12 Months Ended
Supplemental Cash Flow Information (Tables)	Dec. 31, 2014
Supplemental Cash Flow Information
Changes in components of working capital
		2014			2013			2012
	Decrease (increase) in current assets:
	Receivables	$	59		$	18		$	213
	Inventories		(26	)		(30	)		(74	)
	Prepaid expenses and other		(1	)		3			19
	Increase (decrease) in current liabilities:
	Accounts payable		103			128			(53	)
	Accrued liabilities		12			7			(47	)
	Salaries and wages		(3	)		(2	)		29
	U.S. and foreign income taxes		(27	)					(6	)

		$	117		$	124		$	81




Income taxes paid (received) in cash
		2014			2013			2012
	U.S.	$	—		$	—		$	—
	Non-U.S.		101			128			132

	Total income taxes paid in cash	$	101		$	128		$	132

Financial_Information_for_Subs1

Financial Information for Subsidiary Guarantors and Non-Guarantors (Tables)	12 Months Ended
	Dec. 31, 2014
Financial Information for Subsidiary Guarantors and Non-Guarantors
Balance Sheet
			December 31, 2014
	Balance Sheet		Parent			Guarantor			Non-Guarantor			Eliminations			Consolidated
	Balance Sheet		Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents		$	—		$	—		$	512		$	—		$	512
	Receivables									744						744
	Inventories									1,035						1,035
	Prepaid expenses									80						80

	Total current assets			—			—			2,371			—			2,371
	Investments in and advances to subsidiaries			1,863			1,593						(3,456	)		—
	Property, plant and equipment, net									2,445						2,445
	Goodwill									1,893						1,893
	Other assets									1,149						1,149

	Total assets		$	1,863		$	1,593		$	7,858		$	(3,456	)	$	7,858


	Current liabilities:
	Short-term loans and long-term debt due within one year		$	—		$	—		$	488		$	—		$	488
	Current portion of asbestos liability			143												143
	Accounts payable									1,137						1,137
	Other liabilities			20						560			(20	)		560

	Total current liabilities			163			—			2,185			(20	)		2,328
	Long-term debt			250						2,972			(250			2,972
	Long-term debt			250						2,972			(250	)		2,972
	Asbestos-related liabilities			292												292
	Other long-term liabilities									991						991
	Share owners' equity			1,158			1,593			1,593			(3,186	)		1,158
	Noncontrollling interest									117						117

	Total liabilities and share owners' equity		$	1,863		$	1,593		$	7,858		$	(3,456	)	$	7,858




			December 31, 2013
	Balance Sheet		Parent			Guarantor			Non-Guarantor			Eliminations			Consolidated
	Balance Sheet		Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents		$	—		$	—		$	383		$	—		$	383
	Receivables									943						943
	Inventories									1,117						1,117
	Prepaid expenses									107						107

	Total current assets			—			—			2,550			—			2,550
	Investments in and advances to subsidiaries			2,154			1,904						(4,058	)		—
	Property, plant and equipment, net									2,632						2,632
	Goodwill									2,059						2,059
	Other assets									1,178						1,178

	Total assets		$	2,154		$	1,904		$	8,419		$	(4,058	)	$	8,419


	Current liabilities:
	Short-term loans and long-term debt due within one year		$	—		$	—		$	322		$	—		$	322
	Current portion of asbestos liability			150												150
	Accounts payable									1,144						1,144
	Other liabilities									638						638

	Total current liabilities			150			—			2,104			—			2,254
	Long-term debt			250						3,245			(250			3,245
)	Long-term debt			250						3,245			(250			3,245
Asbestos-related liabilities			298												298
Other long-term liabilities									1,019						1,019
Share owners' equity			1,456			1,904			1,904			(3,808	)		1,456
Noncontrolling interests									147						147

Total liabilities and share owners' equity		$	2,154		$	1,904		$	8,419		$	(4,058	)	$	8,419




Results of Operations and Comprehensive Income
			Year ended December 31, 2014
	Results of Operations		Parent			Guarantor			Non-Guarantor			Eliminations			Consolidated
	Results of Operations		Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net sales		$	—		$	—		$	6,784		$	—		$	6,784
	Cost of goods sold									(5,531	)					(5,531	)

	Gross profit			—			—			1,253			—			1,253
	Selling and administrative expense									(523						(523
	Selling and administrative expense									(523	)					(523	)
	Research, development and engineering expense									(63	)					(63	)
	Net intercompany interest			20						(20	)					—
	Interest expense, net			(20	)					(210	)					(230	)
	Equity earnings from subsidiaries			210			210						(420	)		—
	Other equity earnings									64						64
	Other expense, net			(135	)					(148	)					(283	)

	Earnings before income taxes			75			210			353			(420	)		218
	Provision for income taxes									(92	)					(92	)

	Earnings from continuing operations			75			210			261			(420	)		126
	Loss from discontinued operations									(23	)					(23	)

	Net earnings			75			210			238			(420	)		103
	Net earnings attributable to noncontrolling interests									(28	)					(28	)

	Net earnings attributable to the Company		$	75		$	210		$	210		$	(420	)	$	75




			Year ended December 31, 2014
	Comprehensive Income		Parent			Guarantor			Non-Guarantor			Eliminations			Consolidated
	Comprehensive Income		Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net earnings (loss)		$	75		$	210		$	238		$	(420	)	$	103
	Other comprehensive income (loss)			(394	)		(394	)		(394	)		788			(394	)

	Total comprehensive income (loss)			(319	)		(184	)		(156	)		368			(291	)
	Comprehensive income attributable to noncontrolling interests			21						(7	)		-21			(7	)

	Comprehensive income (loss) attributable to the Company		$	(298	)	$	(184	)	$	(163	)	$	347		$	(298	)




			Year ended December 31, 2013
	Results of Operations		Parent			Guarantor			Non-			Eliminations			Consolidated
						Subsidiaries			Guarantor
									Subsidiaries
	Net sales		$	—		$	—		$	6,967		$	—		$	6,967
	Cost of goods sold									(5,636	)					(5,636	)

	Gross profit			—			—			1,331			—			1,331
	Selling and administrative expense									(506	)					(506	)
	Research, development and engineering expense									(62	)					(62	)
	Net intercompany interest			20						(20	)
	Interest expense, net			(20	)					(209	)					(229	)
	Equity earnings from subsidiaries			329			329						(658	)
	Other equity earnings									67						67
	Other expense, net			(145	)					(121	)					(266	)

	Earnings before income taxes			184			329			480			(658	)		335
	Provision for income taxes									(120	)					(120	)

Earnings from continuing operations			184			329			360			(658	)		215
Loss from discontinued operations									(18	)					(18	)

Net earnings			184			329			342			(658	)		197
Net earnings attributable to noncontrolling interests									(13	)					(13	)

Net earnings attributable to the Company		$	184		$	329		$	329		$	(658	)	$	184




		Year ended December 31, 2013
Comprehensive Income		Parent			Guarantor			Non-			Eliminations			Consolidated
					Subsidiaries			Guarantor
								Subsidiaries
Net earnings (loss)		$	184		$	329		$	342		$	(658	)	$	197
Other comprehensive income (loss)			379			379			379			(758	)		379

Total comprehensive income (loss)			563			708			721			(1,416	)		576
Comprehensive income attributable to noncontrolling interests			6						(7	)		-6			(7	)

Comprehensive income (loss) attributable to the Company		$	569		$	708		$	714		$	(1,422	)	$	569




		Year ended December 31, 2012
Results of Operations		Parent			Guarantor			Non-			Eliminations			Consolidated
					Subsidiaries			Guarantor
								Subsidiaries
Net sales		$	—		$	—		$	7,000		$	—		$	7,000
Cost of goods sold									(5,626	)					(5,626	)

Gross profit			—			—			1,374			—			1,374
Selling and administrative expense									(555	)					(555	)
Research, development and engineering expense									(62	)					(62	)
Net intercompany interest			20						(20	)
Interest expense, net			(20	)					(219	)					(239	)
Equity earnings from subsidiaries			339			339						(678	)
Other equity earnings									64						64
Other expense, net			(155	)					(99	)					(254	)

Earnings before income taxes			184			339			483			(678	)		328
Provision for income taxes									(108	)					(108	)

Earnings from continuing operations			184			339			375			(678	)		220
Loss from discontinued operations									(2	)					(2	)

Net earnings			184			339			373			(678	)		218
Net earnings attributable to noncontrolling interests									(34	)					(34	)

Net earnings attributable to the Company		$	184		$	339		$	339		$	(678	)	$	184





		Year ended December 31, 2012
Comprehensive Income		Parent			Guarantor			Non-			Eliminations			Consolidated
					Subsidiaries			Guarantor
								Subsidiaries
Net earnings (loss)		$	184		$	339		$	373		$	(678	)	$	218
Other comprehensive income			(177	)		(177	)		(177	)		354			(177	)

Total comprehensive income			7			162			196			(324	)		41
Comprehensive income attributable to noncontrolling interests			-8						(42	)		8			(42	)

Comprehensive income attributable to the Company		$	-1		$	162		$	154		$	(316	)	$	(1	)




Cash Flows
			Year ended December 31, 2014
	Cash Flows		Parent			Guarantor			Non-			Eliminations			Consolidated
						Subsidiaries			Guarantor
									Subsidiaries
	Cash provided by (utilized in) operating activities		$	(148	)	$	—		$	823		$	—		$	675
	Cash utilized in investing activities									(455	)					(455	)
	Cash provided by (utilized in) financing activities			148						(218	)					(70	)
	Effect of exchange rate change on cash									(21	)					(21	)

	Net change in cash			—			—			129			—			129
	Cash at beginning of period									383						383

	Cash at end of period		$	—		$	—		$	512		$	—		$	512




			Year ended December 31, 2013
	Cash Flows		Parent			Guarantor			Non-			Eliminations			Consolidated
						Subsidiaries			Guarantor
									Subsidiaries
	Cash provided by (utilized in) operating activities		$	(158	)	$	—		$	840		$	—		$	682
	Cash utilized in investing activities									(402	)					(402	)
	Cash provided by (utilized in) financing activities			158						(479	)					(321	)
	Effect of exchange rate change on cash									(7	)					(7	)

	Net change in cash			—			—			(48	)		—			(48	)
	Cash at beginning of period									431						431

	Cash at end of period		$	—		$	—		$	383		$	—		$	383




			Year ended December 31, 2012
	Cash Flows		Parent			Guarantor			Non-			Eliminations			Consolidated
						Subsidiaries			Guarantor
									Subsidiaries
	Cash provided by (utilized in) operating activities		$	(165	)	$	—		$	740		$	—		$	575
	Cash utilized in investing activities									(221	)					(221	)
	Cash provided by (utilized in) financing activities			165						(504	)					(339	)
	Effect of exchange rate change on cash									16						16

	Net change in cash			—			—			31			—			31
	Cash at beginning of period									400						400

	Cash at end of period		$	—		$	—		$	431		$	—		$	431

Significant_Accounting_Policie2

Significant Accounting Policies (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	item	Dec. 31, 2013	Dec. 31, 2012
Significant Accounting Policies
Number of countries in which the entity operates	21
Stock-Based Compensation
Compensation cost recognized for equity instruments for which employees do not render the required service	$21	$11	$11
Maximum
Equity Method Investments
General ownership percentage for equity method investments	50.00%
Minimum
Equity Method Investments
General ownership percentage for equity method investments	20.00%

Significant_Accounting_Policie3

Significant Accounting Policies (Details 2)	12 Months Ended
Significant Accounting Policies (Details 2)	Dec. 31, 2014
Factory machinery and equipment \| Minimum
Property, Plant and Equipment
Estimated useful lives	5 years
Factory machinery and equipment \| Maximum
Property, Plant and Equipment
Estimated useful lives	25 years
Glass-melting furnaces and forming machines \| Minimum
Property, Plant and Equipment
Estimated useful lives	7 years
Glass-melting furnaces and forming machines \| Maximum
Property, Plant and Equipment
Estimated useful lives	15 years
Buildings and building equipment \| Minimum
Property, Plant and Equipment
Estimated useful lives	10 years
Buildings and building equipment \| Maximum
Property, Plant and Equipment
Estimated useful lives	50 years

Segment_Information_Details

Segment Information (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	item	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information
Number of reportable segments	4
Net sales:
Net sales	$6,784	$6,967	$7,000
Items excluded from Segment Operating Profit:
Retained corporate costs and other	-100	-119	-106
Restructuring, asset impairment and related charges	-91	-119	-168
Charge for asbestos related costs	-135	-145	-155
Pension settlement charges due to plan changes	-65
Non-income tax charge	-69
Gain on China land compensation			61
Interest expense,net	-230	-229	-239
Earnings from continuing operations before income taxes	218	335	328
Reportable Segment Totals
Net sales:
Net sales	6,749	6,941	6,963
Segment Operating Profit:
Segment Operating Profit	908	947	935
Europe
Net sales:
Net sales	2,794	2,787	2,717
Segment Operating Profit:
Segment Operating Profit	353	305	307
North America
Net sales:
Net sales	2,003	2,002	1,966
Segment Operating Profit:
Segment Operating Profit	240	307	288
South America
Net sales:
Net sales	1,159	1,186	1,252
Segment Operating Profit:
Segment Operating Profit	227	204	227
Asia Pacific
Net sales:
Net sales	793	966	1,028
Segment Operating Profit:
Segment Operating Profit	88	131	113
Other
Net sales:
Net sales	$35	$26	$37

Segment_Information_Details_2

Segment Information (Details 2) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Assets
Total assets:	$7,858	$8,419	$8,598
Equity investments
Equity investments:	427	315	294
Equity earnings:
Equity earnings	64	67	64
Capital expenditures:
Capital expenditures:	369	361	290
Depreciation and amortization expense:
Depreciation and amortization expense:	418	397	412
Reportable Segment Totals
Assets
Total assets:	7,512	8,121	8,360
Equity investments
Equity investments:	258	264	253
Equity earnings:
Equity earnings	40	43	36
Capital expenditures:
Capital expenditures:	366	346	279
Depreciation and amortization expense:
Depreciation and amortization expense:	403	383	397
Europe
Assets
Total assets:	3,223	3,509	3,362
Equity investments
Equity investments:	81	84	63
Equity earnings:
Equity earnings	19	17	15
Capital expenditures:
Capital expenditures:	188	130	87
Depreciation and amortization expense:
Depreciation and amortization expense:	140	139	150
North America
Assets
Total assets:	1,971	1,995	1,994
Equity investments
Equity investments:	24	25	25
Equity earnings:
Equity earnings	17	16	16
Capital expenditures:
Capital expenditures:	89	100	68
Depreciation and amortization expense:
Depreciation and amortization expense:	131	110	107
South America
Assets
Total assets:	1,300	1,467	1,655
Capital expenditures:
Capital expenditures:	55	80	75
Depreciation and amortization expense:
Depreciation and amortization expense:	79	72	70
Asia Pacific
Assets
Total assets:	1,018	1,150	1,349
Equity investments
Equity investments:	153	155	165
Equity earnings:
Equity earnings	4	10	5
Capital expenditures:
Capital expenditures:	34	36	49
Depreciation and amortization expense:
Depreciation and amortization expense:	53	62	70
Other
Assets
Total assets:	346	298	238
Equity investments
Equity investments:	169	51	41
Equity earnings:
Equity earnings	24	24	28
Capital expenditures:
Capital expenditures:	3	15	11
Depreciation and amortization expense:
Depreciation and amortization expense:	$15	$14	$15

Segment_Information_Details_3

Segment Information (Details 3) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information
Property, plant and equipment, net	$2,445	$2,632	$2,769
Net sales	6,784	6,967	7,000
U.S.
Segment Reporting Information
Property, plant and equipment, net	713	686	663
Net sales	1,852	1,809	1,780
Non-U.S.
Segment Reporting Information
Property, plant and equipment, net	1,732	1,946	2,106
Net sales	$4,932	$5,158	$5,220

Segment_Information_Details_4

Segment Information (Details 4)	12 Months Ended
Segment Information (Details 4)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Minimum
Segment Reporting Information
Percentage of consolidated net sales from continuing operations (as a percent)	10.00%
France
Segment Reporting Information
Percentage of consolidated net sales from continuing operations (as a percent)	11.00%	11.00%	11.00%

Receivables_Details

Receivables (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Receivables
Trade accounts receivable	$583	$757
Less: allowances for doubtful accounts and discounts	34	39
Net trade receivables	549	718
Other receivables	195	225
Total	744	943
Amount of receivables sold	$276	$192

Inventories_Details

Inventories (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Inventories
Finished goods	$884	$958
Raw materials	110	113
Operating supplies	41	46
Inventories	$1,035	$1,117

Equity_Investments_Details

Equity Investments (Details) (USD $)	12 Months Ended			3 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
Summarized combined financial information for equity associates at end of year:
Current assets	$479	$419		$419
Non-current assets	718	528		528
Total assets	1,197	947		947
Current liabilities	217	224		224
Other liabilities and deferred items	191	193		193
Total liabilities and deferred items	408	417		417
Net assets	789	530		530
Summarized combined financial information for equity associates for the year:
Net sales	752	699	658
Gross profit	198	185	191
Net earnings	150	149	143
Dividends received	54	67	50
Equity Investments Information
Equity earnings	64	67	64
Difference between investment carrying value and amount of underlying equity in net assets	9
Purchased equity from affiliates	188	133
Due to Affiliate	79	42		42
Non-U.S.
Equity Investments Information
Equity earnings	23	27	20
U.S.
Equity Investments Information
Equity earnings	41	40	44
BJC O-I Glass Pte. Ltd
Equity Investments Information
Percentage of equity method investments	50.00%
CO Vidrieria SARL
Equity Investments Information
Percentage of equity method investments	50.00%
Rocky Mountain Bottle Company
Equity Investments Information
Percentage of equity method investments	50.00%
Tata Chemical (Soda Ash) Partners
Equity Investments Information
Percentage of equity method investments	25.00%
Vetrerie Meridionali SpA
Equity Investments Information
Percentage of equity method investments	50.00%
Gain or loss recognized related to the deconsolidation				$0
Vetri Speciali SpA
Equity Investments Information
Percentage of equity method investments	50.00%

Goodwill_Details

Goodwill (Details) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Changes in the carrying amount of goodwill
Balance of Goodwill at beginning of period		$2,059	$2,079	$2,082
Impairment charge	0
Translation effects		-166	-20	-3
Balance of Goodwill at end of the period	2,059	1,893	2,059	2,079
Europe
Changes in the carrying amount of goodwill
Balance of Goodwill at beginning of period		1,044	1,006	983
Translation effects		-118	38	23
Balance of Goodwill at end of the period	1,044	926	1,044	1,006
North America
Changes in the carrying amount of goodwill
Balance of Goodwill at beginning of period		734	743	740
Translation effects		-11	-9	3
Balance of Goodwill at end of the period	734	723	734	743
South America
Changes in the carrying amount of goodwill
Balance of Goodwill at beginning of period		276	325	354
Translation effects		-37	-49	-29
Balance of Goodwill at end of the period	276	239	276	325
Asia Pacific
Changes in the carrying amount of goodwill
Balance of Goodwill at end of the period		0
Accumulated impairment losses	1,135	1,135	1,135	1,135
Other
Changes in the carrying amount of goodwill
Balance of Goodwill at beginning of period					5
Balance of Goodwill at end of the period	$5	$5	$5	$5	$5

Other_Assets_Details

Other Assets (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Other assets
Deferred tax asset	$203	$237
Deferred returnable packaging costs	126	124
Repair parts inventories	107	116
Non-income tax receivable	58	70
Capitalized software	101	114
Deferred finance fees	21	33
Intangibles	18	23
Other	66	78
Total other assets	700	795
Other information related to capitalized software
Amortization expense for capitalized software	17	14	15
Estimated amortization expense
2015	17
2016	14
2017	13
2018	13
2019	$11

Derivative_Instruments_Details

Derivative Instruments (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Derivatives and Hedges
Forward exchange contracts gain (loss) recognized in income	($8)	($28)	$6
Commodity forward contracts \| Cash Flow Hedges
Derivatives and Hedges
Coverage of commodity futures contracts (in MM BTUs)	450,000	5,400,000
Unrecognized gain (loss) included in Accumulated OCI	-1	1
Commodity futures contracts gain (loss) recognized in OCI	3	1	-3
Commodity futures contracts loss reclassified from accumulated OCI into income	2	-1	-8
Commodity forward contracts \| Cash Flow Hedges \| Minimum
Derivatives and Hedges
Period during which unrecognized loss included in Accumulated OCI will be reclassified into earnings	12 months
Commodity forward contracts \| Cash Flow Hedges \| Maximum
Derivatives and Hedges
Period during which unrecognized loss included in Accumulated OCI will be reclassified into earnings	24 months
Forward exchange contracts \| Derivatives not designated as hedging instruments
Derivatives and Hedges
Forward exchange contracts in various currencies	$524	$550

Derivative_Instruments_Details1

Derivative Instruments (Details 2) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Derivatives, Fair Value
Total asset derivatives	$10	$4
Total liability derivatives	4	7
Derivatives not designated as hedging instruments \| Foreign exchange contracts \| Receivables.
Derivatives, Fair Value
Total asset derivatives	10	3
Derivatives not designated as hedging instruments \| Foreign exchange contracts \| Other liabilities (current)
Derivatives, Fair Value
Total liability derivatives	4	7
Derivatives designated as hedging instruments \| Commodity forward contracts \| Receivables.
Derivatives, Fair Value
Total asset derivatives		$1

Restructuring_Accruals_Asset_I2

Restructuring Accruals, Asset Impairments and Other Costs Related to Closed Facilities (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Restructuring accrual
Restructuring reserve balance at beginning of period	$114	$123
Charges	76	97	168
Write-down of assets to net realizable value	-46	-16
Net cash paid, principally severance and related benefits	-58	-78	-66
Pension charges transferred to other accounts	-7	-6
Other, including foreign exchange translation	-19	-6
Restructuring reserve balance at end of period	60	114	123
Mold shop in South America
Restructuring Reserve
Employee costs and asset impairments			7
European Asset Optimization
Restructuring Reserve
Employee costs and asset impairments	1	16	86
Restructuring accrual
Restructuring reserve balance at beginning of period	30	53
Charges	1	16
Write-down of assets to net realizable value		-3
Net cash paid, principally severance and related benefits	-12	-37
Other, including foreign exchange translation	-7	1
Restructuring reserve balance at end of period	12	30	53
Asia Pacific Restructuring
Restructuring Reserve
Employee costs and asset impairments		49	47
Restructuring accrual
Restructuring reserve balance at beginning of period	20	6
Charges	73	49
Write-down of assets to net realizable value	-46	-11
Net cash paid, principally severance and related benefits	-20	-16
Pension charges transferred to other accounts	-7	-6
Other, including foreign exchange translation	-8	-2
Restructuring reserve balance at end of period	12	20	6
Other Restructuring Actions
Restructuring Reserve
Employee costs and asset impairments			13
Miscellaneous other costs		3	15
Restructuring accrual
Restructuring reserve balance at beginning of period	64	64
Charges	2	32
Write-down of assets to net realizable value		-2
Net cash paid, principally severance and related benefits	-26	-25
Other, including foreign exchange translation	-4	-5
Restructuring reserve balance at end of period	36	64	64
Closure of flat glass operations in South America
Restructuring Reserve
Employee costs and asset impairments		16
Severance and other employee separation costs
Restructuring accrual
Estimated amount of restructuring accrual balance	28
Environmental remediation costs
Restructuring accrual
Estimated amount of restructuring accrual balance	26
Other exit costs
Restructuring accrual
Estimated amount of restructuring accrual balance	6
Global headcount reduction initiatives
Restructuring Reserve
Headcount reduction charges		$13

Pensions_Benefit_Plans_and_Oth2

Pensions Benefit Plans and Other Postretirement Benefits (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
U.S Pension Plans
Changes in the pension and postretirement benefit obligations
Obligations at beginning of year	$2,275	$2,647
Change in benefit obligations:
Service cost	22	27	27
Interest cost	105	106	114
Actuarial (gain) loss, including the effect of change in discount rates	264	-234
Curtailment, settlement, and plan amendment	-56
Special termination		8	4
Benefit payments	-182	-279
Net change in benefit obligations	153	-372
Obligations at end of year	2,428	2,275	2,647
Changes in fair value of pension plan assets
Fair value at beginning of year	2,273	2,175
Actual gain on plan assets	155	365
Benefit payments	-182	-279
Employer contributions		12
Settlements	-56
Net change in fair value of assets	-83	98
Fair value at end of year	2,190	2,273	2,175
Non-U.S. Pension Plans
Changes in the pension and postretirement benefit obligations
Obligations at beginning of year	1,866	1,911
Change in benefit obligations:
Service cost	23	33	26
Interest cost	69	72	77
Actuarial (gain) loss, including the effect of change in discount rates	131	-5
Curtailment, settlement, and plan amendment	-567	-52
Participant contributions	5	7
Benefit payments	-91	-101
Foreign currency translation	-125	1
Net change in benefit obligations	-555	-45
Obligations at end of year	1,311	1,866	1,911
Changes in fair value of pension plan assets
Fair value at beginning of year	1,578	1,527
Actual gain on plan assets	188	61
Benefit payments	-91	-101
Employer contributions	28	92
Participant contributions	5	7
Settlements	-519
Foreign currency translation	-94	-5
Other	-1	-3
Net change in fair value of assets	-484	51
Fair value at end of year	1,094	1,578	1,527
U.S Postretirement Benefit Plans
Changes in the pension and postretirement benefit obligations
Obligations at beginning of year	111	181
Change in benefit obligations:
Service cost		1	1
Interest cost	5	5	8
Actuarial (gain) loss, including the effect of change in discount rates	7	1
Benefit payments	-12	-15
Curtailment		-62
Net change in benefit obligations		-70
Obligations at end of year	111	111	181
Changes in fair value of pension plan assets
Benefit payments	-12	-15
Non-U.S. Postretirement Benefit Plans
Changes in the pension and postretirement benefit obligations
Obligations at beginning of year	90	102
Change in benefit obligations:
Service cost	1	1	1
Interest cost	4	4	4
Actuarial (gain) loss, including the effect of change in discount rates	-2	-7
Benefit payments	-3	-4
Other	-2
Foreign currency translation	-7	-6
Net change in benefit obligations	-9	-12
Obligations at end of year	81	90	102
Changes in fair value of pension plan assets
Benefit payments	($3)	($4)

Pensions_Benefit_Plans_and_Oth3

Pensions Benefit Plans and Other Postretirement Benefits (Details 2) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Pension Benefit Plans
Defined Benefit Plan Disclosure
Percentage of minimum target plan asset allocations	10.00%
U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	2,190	$2,273	$2,175
Projected benefit and postretirement benefit obligations	2,428	2,275	2,647
Plan assets less than projected benefit obligations	-238	-2
Items not yet recognized in pension expense and net postretirement benefit cost:
Actuarial loss	1,125	935
Prior service cost (credit)	-2	2
Total	1,123	937
Net amount recognized	885	935
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	1,094	1,578	1,527
Projected benefit and postretirement benefit obligations	1,311	1,866	1,911
Plan assets less than projected benefit obligations	-217	-288
Items not yet recognized in pension expense and net postretirement benefit cost:
Actuarial loss	347	488
Prior service cost (credit)		-25
Total	347	463
Net amount recognized	130	175
U.S Postretirement Benefit Plans
Defined Benefit Plan Disclosure
Projected benefit and postretirement benefit obligations	111	111	181
Items not yet recognized in pension expense and net postretirement benefit cost:
Actuarial loss	35	30
Prior service cost (credit)	-46	-54
Total	-11	-24
Net amount recognized	-122	-135
Non-U.S. Postretirement Benefit Plans
Defined Benefit Plan Disclosure
Projected benefit and postretirement benefit obligations	81	90	102
Items not yet recognized in pension expense and net postretirement benefit cost:
Actuarial loss	-3	-2
Total	-3	-2
Net amount recognized	-84	($92)

Pensions_Benefit_Plans_and_Oth4

Pensions Benefit Plans and Other Postretirement Benefits (Details 3) (USD $)	3 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Pension Benefit Plans
Changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income
Accumulated benefit obligation	$3,627	$3,627	$4,015
U.S Pension Plans
Net amount recognized included in the Consolidated Balance Sheets
Pension assets			46
Current pension liability and nonpension postretirement benefit, included with Other accrued liabilities	-3	-3	-2
Pension benefits and nonpension postretirement benefits	-235	-235	-46
Accumulated other comprehensive loss	1,123	1,123	937
Net amount recognized	885	885	935
Changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income
Current year actuarial (gain) loss		285	-416
Amortization of actuarial loss		-68	-110
Loss due to settlement		-30
Total		187	-526
Changes in benefit obligations were recognized in accumulated other comprehensive income		187	-526
Components of the net pension expense and postretirement benefit cost
Service cost		22	27	27
Interest cost		105	106	114
Expected asset return		-176	-183	-183
Amortization:
Actuarial loss		68	110	96
Net amortization		68	110	96
Net periodic pension and postretirement benefit (income) cost		19	60	54
Special termination benefits			8	4
Non-U.S. Pension Plans
Net amount recognized included in the Consolidated Balance Sheets
Pension assets	22	22	22
Current pension liability and nonpension postretirement benefit, included with Other accrued liabilities	-9	-9	-6
Pension benefits and nonpension postretirement benefits	-230	-230	-304
Accumulated other comprehensive loss	347	347	463
Net amount recognized	130	130	175
Changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income
Current year actuarial (gain) loss		-23	28
Amortization of actuarial loss		-20	-28
Amortization of prior service credit		2	1
Gain from curtailment and plan amendment		22	-52
Loss due to settlement		-64	-6
Total		-83	-57
Translation		-32	-5
Changes in benefit obligations were recognized in accumulated other comprehensive income		-115	-62
Components of the net pension expense and postretirement benefit cost
Service cost		23	33	26
Interest cost		69	72	77
Expected asset return		-86	-91	-87
Amortization:
Actuarial loss		18	28	22
Prior service credit			-1
Net amortization		18	27	22
Net periodic pension and postretirement benefit (income) cost		24	41	38
Settlement cost		3	6	11
Non-cash settlement charge	35
U.S Postretirement Benefit Plans
Net amount recognized included in the Consolidated Balance Sheets
Current pension liability and nonpension postretirement benefit, included with Other accrued liabilities	-11	-11	-10
Pension benefits and nonpension postretirement benefits	-100	-100	-101
Accumulated other comprehensive loss	-11	-11	-24
Net amount recognized	-122	-122	-135
Changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income
Current year actuarial (gain) loss		7	1
Curtailment			-57
Amortization of actuarial loss		-2	-3
Amortization of prior service credit		8	7
Total		13	-52
Components of the net pension expense and postretirement benefit cost
Service cost			1	1
Interest cost		5	5	8
Curtailment gain (loss)			-5
Amortization:
Actuarial loss		2	3	5
Prior service credit		-8	-7	-3
Net amortization		-6	-4	2
Net periodic pension and postretirement benefit (income) cost		-1	-3	11
Non-U.S. Postretirement Benefit Plans
Net amount recognized included in the Consolidated Balance Sheets
Current pension liability and nonpension postretirement benefit, included with Other accrued liabilities	-3	-3	-4
Pension benefits and nonpension postretirement benefits	-78	-78	-86
Accumulated other comprehensive loss	-3	-3	-2
Net amount recognized	-84	-84	-92
Changes in plan assets and benefit obligations were recognized in accumulated other comprehensive income
Current year actuarial (gain) loss		-2	-7
Other adjustments		1
Total		-1	-7
Components of the net pension expense and postretirement benefit cost
Service cost		1	1	1
Interest cost		4	4	4
Amortization:
Net periodic pension and postretirement benefit (income) cost		$5	$5	$5

Pensions_Benefit_Plans_and_Oth5

Pensions Benefit Plans and Other Postretirement Benefits (Details 4) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Weighted average assumptions used to determine net periodic pension costs and net postretirement benefit cost
Tenure used for computing historical long-term rate of return assumption	10 years
U.S Pension Plans
Amortization:
Actuarial loss	$73
Prior service cost (credit)	1
Net amortization	74
Projected Benefit Obligation Exceeds the Fair Value of Plan Assets
Projected benefit obligations	2,428	674
Accumulated benefit obligation	2,392	646
Fair value of plan assets	2,190	626
Accumulated Benefit Obligations Exceeds the Fair Value of Plan Assets
Projected benefit obligations	2,428	674
Accumulated benefit obligation	2,392	646
Fair value of plan assets	2,190	626
Weighted average assumptions used to determine pension and accumulated postretirement benefit obligations
Discount rate used to determine pension and accumulated postretirement benefit obligations (as a percent)	4.05%	4.81%
Rate of compensation increase (as a percent)	2.96%	2.97%
Weighted average assumptions used to determine net periodic pension costs and net postretirement benefit cost
Discount rate used to determine net periodic pension costs and net postretirement benefit cost (as a percent)	4.81%	4.11%	4.59%
Rate of compensation increase (as a percent)	2.97%	2.97%	3.14%
Expected long-term rate of return on assets (as a percent)	8.00%	8.00%	8.00%
Non-U.S. Pension Plans
Amortization:
Actuarial loss	16
Net amortization	16
Projected Benefit Obligation Exceeds the Fair Value of Plan Assets
Projected benefit obligations	1,049	1,588
Accumulated benefit obligation	1,023	1,537
Fair value of plan assets	810	1,278
Accumulated Benefit Obligations Exceeds the Fair Value of Plan Assets
Projected benefit obligations	1,049	1,588
Accumulated benefit obligation	1,023	1,537
Fair value of plan assets	810	1,278
Weighted average assumptions used to determine pension and accumulated postretirement benefit obligations
Discount rate used to determine pension and accumulated postretirement benefit obligations (as a percent)	3.58%	4.14%
Rate of compensation increase (as a percent)	2.89%	3.31%
Weighted average assumptions used to determine net periodic pension costs and net postretirement benefit cost
Discount rate used to determine net periodic pension costs and net postretirement benefit cost (as a percent)	4.14%	3.89%	4.75%
Rate of compensation increase (as a percent)	3.31%	3.08%	3.23%
Expected long-term rate of return on assets (as a percent)	7.23%	6.34%	6.24%
U.S Postretirement Benefit Plans
Amortization:
Actuarial loss	2
Prior service cost (credit)	-8
Net amortization	($6)
Weighted average assumptions used to determine pension and accumulated postretirement benefit obligations
Discount rate used to determine pension and accumulated postretirement benefit obligations (as a percent)	4.00%	4.63%	4.04%
Weighted average assumptions used to determine net periodic pension costs and net postretirement benefit cost
Discount rate used to determine net periodic pension costs and net postretirement benefit cost (as a percent)	4.63%	4.04%	4.47%
Non-U.S. Postretirement Benefit Plans
Weighted average assumptions used to determine pension and accumulated postretirement benefit obligations
Discount rate used to determine pension and accumulated postretirement benefit obligations (as a percent)	3.75%	4.47%	3.89%
Weighted average assumptions used to determine net periodic pension costs and net postretirement benefit cost
Discount rate used to determine net periodic pension costs and net postretirement benefit cost (as a percent)	4.47%	3.89%	4.13%

Pensions_Benefit_Plans_and_Oth6

Pensions Benefit Plans and Other Postretirement Benefits (Details 5) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	2,190	$2,273	$2,175
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	1,094	1,578	1,527
Equity securities \| U.S Pension Plans
Defined Benefit Plan Disclosure
Percentage of U.S. pension plan assets classified as Level 2 assets	62.00%
Equity securities \| U.S Pension Plans \| Minimum
Defined Benefit Plan Disclosure
Target allocation percentage	45.00%
Equity securities \| U.S Pension Plans \| Maximum
Defined Benefit Plan Disclosure
Target allocation percentage	55.00%
Debt securities \| U.S Pension Plans
Defined Benefit Plan Disclosure
Percentage of U.S. pension plan assets classified as Level 2 assets	29.00%
Debt securities \| U.S Pension Plans \| Minimum
Defined Benefit Plan Disclosure
Target allocation percentage	40.00%
Debt securities \| U.S Pension Plans \| Maximum
Defined Benefit Plan Disclosure
Target allocation percentage	50.00%
Real estate \| U.S Pension Plans
Defined Benefit Plan Disclosure
Percentage of U.S. pension plan assets classified as Level 2 assets	9.00%
Real estate \| U.S Pension Plans \| Minimum
Defined Benefit Plan Disclosure
Target allocation percentage	0.00%
Real estate \| U.S Pension Plans \| Maximum
Defined Benefit Plan Disclosure
Target allocation percentage	10.00%
Other \| U.S Pension Plans \| Minimum
Defined Benefit Plan Disclosure
Target allocation percentage	0.00%
Other \| U.S Pension Plans \| Maximum
Defined Benefit Plan Disclosure
Target allocation percentage	10.00%
Level 1 \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	721	1,191
Level 1 \| Cash and cash equivalents \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	14	39
Level 1 \| Equity securities \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	343	387
Level 1 \| Debt securities \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	364	752
Level 1 \| Other \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value		13
Level 2 \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	368	379
Level 2 \| Cash and cash equivalents \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value		6
Level 2 \| Equity securities \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	200	210
Level 2 \| Debt securities \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	119	116
Level 2 \| Real estate \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	30
Level 2 \| Other \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	19	47
Level 3 \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	5	8
Level 3 \| Non-U.S. Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	5	8	18
Level 3 \| Debt securities \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	2	2
Level 3 \| Real estate \| U.S Pension Plans
Defined Benefit Plan Disclosure
Plan assets at fair value	3	$6

Pensions_Benefit_Plans_and_Oth7

Pensions Benefit Plans and Other Postretirement Benefits (Details 6) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Estimated future benefit payments
Defined contribution plans for salaried and hourly U.S. employees	$19	$16	$16
U.S Pension Plans
Defined Benefit Plan Disclosure
Fair value at beginning of year	2,273	2,175
Net increase (decrease)	-83	98
Fair value at end of year	2,190	2,273
Estimated future benefit payments
2015	184
2016	177
2017	169
2018	165
2019	163
2020 - 2024	780
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure
Fair value at beginning of year	1,578	1,527
Net increase (decrease)	-484	51
Fair value at end of year	1,094	1,578
Contribution to defined benefit plan in 2014	20
Estimated future benefit payments
2015	61
2016	63
2017	63
2018	65
2019	68
2020 - 2024	373
U.S Postretirement Benefit Plans
Estimated future benefit payments
2015	11
2016	11
2017	11
2018	11
2019	10
2020 - 2024	46
Non-U.S. Postretirement Benefit Plans
Estimated future benefit payments
2015	3
2016	3
2017	3
2018	3
2019	3
2020 - 2024	18
Level 3 \| U.S Pension Plans
Defined Benefit Plan Disclosure
Fair value at end of year	5	8
Level 3 \| Non-U.S. Pension Plans
Defined Benefit Plan Disclosure
Fair value at beginning of year	8	18
Net increase (decrease)	-3	-10
Fair value at end of year	$5	$8

Pensions_Benefit_Plans_and_Oth8

Pensions Benefit Plans and Other Postretirement Benefits (Details 7)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013
	USD ($)	USD ($)	USD ($)	U.S Postretirement Benefit Plans	U.S Postretirement Benefit Plans	Non-U.S. Postretirement Benefit Plans	Non-U.S. Postretirement Benefit Plans	Non-U.S. Postretirement Benefit Plans
				USD ($)		USD ($)	EUR (€)
Pension Benefit Plans and Other Postretirement Benefits
Payments to the trust as required by the bargaining agreements are based upon specified amounts per hour worked	$6	$6	$6
Weighted average assumed health care cost trend (in percent)
Health care cost trend rate assumed for next year (as a percent)				7.00%	7.00%	5.00%	5.00%	5.00%
Rate to which the cost trend rate is assumed to decline (ultimate trend rate) (as a percent)				5.00%	5.00%	5.00%	5.00%	5.00%
Year that the rate reaches the ultimate trend rate				2024	2024	2014	2014	2014
Effect of one-percentage-point change in assumed health care cost trend rates (in percent)
One-Percentage-Point Increase, effect on total of service and interest cost							1
One-Percentage-Point Decrease, effect on total of service and interest cost							-1
One-Percentage-Point Increase, effect on accumulated postretirement benefit obligations				5		-14
One-Percentage-Point Decrease, effect on accumulated postretirement benefit obligations				($4)		($11)

Income_Taxes_Details

Income Taxes (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Continuing operations
U.S.	($53)	$86	$32
Non-U.S.	271	249	296
Earnings from continuing operations before income taxes	218	335	328
Discontinued operations;
U.S.	-19	-8
Non-U.S.	-4	-10	-5
Discontinued operations total	-23	-18	-5
Current:
U.S.	7	7	-4
Non-U.S.	103	116	117
Total	110	123	113
Deferred:
U.S.			8
Non-U.S.	-18	-3	-13
Total	-18	-3	-5
Total:
U.S.	7	7	4
Non-U.S.	85	113	104
Total for continuing operations	92	120	108
Total for discontinued operations			-3
Total	$92	$120	$105

Income_Taxes_Details_2

Income Taxes (Details 2) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
A reconciliation of the provision (benefit) for income taxes
Statutory U.S. Federal tax rate (as a percent)	35.00%
Increase (decrease) in provision for income taxes due to:
Tax provision on pretax earnings (loss) from continuing operations at statutory U.S. Federal tax rate	$76	$117	$115
Differences in income taxes on foreign earnings, losses and remittances	-18	-29	-5
Changes in valuation allowance	37	37	-7
Tax audits and settlements	2	1	-1
Other items	-5	-6	6
Provision for income taxes	$92	$120	$108

Income_Taxes_Details_3

Income Taxes (Details 3) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Deferred tax assets:
Accrued postretirement benefits	$58	$60
Asbestos-related liabilities	152	157
Foreign tax credit	376	356
Operating and capital loss carryovers	464	489
Other credit carryovers	37	46
Accrued liabilities	85	89
Pension liability	117	47
Other	65	73
Total deferred tax assets	1,354	1,317
Deferred tax liabilities:
Property, plant, and equipment	127	126
Exchangeable notes		10
Intangibles	34	27
Other	36	59
Total deferred tax liabilities	197	222
Valuation allowance	-1,036	-990
Net deferred taxes	121	105
Deferred taxes are included in the Consolidated Balance Sheets:
Prepaid expenses	39	64
Other assets	203	237
Deferred taxes	-121	-196
Net deferred taxes	$121	$105

Income_Taxes_Details_4

Income Taxes (Details 4) (USD $)	12 Months Ended
Income Taxes (Details 4) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Reasonably possible change in unrecognized tax benefits
Unused foreign tax credits expiring in 2017 through 2022	$376,000,000	$356,000,000
Unused research tax credits expiring from 2019 to 2034	12,000,000
Alternative minimum tax credits	25,000,000
Operating and capital loss carryforwards with indefinite life	174,000,000
Operating and capital loss carryforwards expiring between 2015 and 2031	290,000,000
Valuation allowance	1,036,000,000	990,000,000
Equity in undistributed earnings of foreign subsidiaries	2,900,000,000
Reconciliation of the Company's total gross unrecognized tax benefits
Balance at beginning of the period	100,000,000	97,000,000	125,000,000
Additions and reductions for tax positions of prior years	-13,000,000	-3,000,000	8,000,000
Additions based on tax positions related to the current year	10,000,000	9,000,000	7,000,000
Reduction due to lapse of the applicable statute of limitations	-8,000,000	-2,000,000	-21,000,000
Reductions due to settlements	-1,000,000		-26,000,000
Foreign currency translation	-11,000,000	-1,000,000	4,000,000
Balance at ending of the period	77,000,000	100,000,000	97,000,000
Unrecognized tax benefits, which if recognized, would impact the Company's effective income tax rate	70,000,000	92,000,000	89,000,000
Accrued interest and penalties	29,000,000	35,000,000	33,000,000
Interest and penalties included in tax expense	-2,000,000	1,000,000	-6,000,000
Period during which unrecognized tax benefits are reasonably possible of being settled as a result of audit settlements or statute expirations	12 months
U.S. operations
Reasonably possible change in unrecognized tax benefits
Valuation allowance	927,000,000
Reconciliation of the Company's total gross unrecognized tax benefits
Period of cumulative income position of the operations	3 years
Maximum
Reconciliation of the Company's total gross unrecognized tax benefits
Reasonably possible decrease in unrecognized tax benefits related to audit settlements or statute expirations	$12,000,000

Debt_Details

Debt (Details)

12 Months Ended

1 Months Ended

12 Months Ended

In Millions, except Per Share data, unless otherwise specified

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Mar. 31, 2013

Dec. 31, 2014

Mar. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Mar. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Mar. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

USD ($)

CAD

Secured Credit Agreement

Revolving Loans

Term Loan B

Term Loan C (81 million CAD at December 31, 2014)

Term Loan D (EUR99 million at December 31, 2014)

Senior Notes 3.00%, Exchangeable, due 2015

Senior Notes 7.375%, due 2016

Senior Notes 6.875%, due 2017 (300 million EUR)

Senior Notes 6.75%, due 2020 (500 million EUR)

Senior Notes 4.875%, due 2021 (330 million EUR)

Senior Notes 5.00%, due 2022

Senior Notes, 5.375% due 2025

Senior Notes issued during December 2014

Senior Debentures 7.80%, due 2018

Capital leases

Other debt

Accounts Receivable Securitization Program

European Accounts Receivable Securitization Program

item

USD ($)

Minimum

Maximum

USD ($)

Minimum

Maximum

USD ($)

CAD

USD ($)

EUR (€)

USD ($)

EUR (€)

USD ($)

EUR (€)

USD ($)

EUR (€)

USD ($)

EUR (€)

USD ($)

EUR (€)

Debt Instrument

Total long-term debt

$3,333

$3,261

$405

$70

$76

$103

€ 85

$117

$18

$617

$596

$593

$608

€ 500

$690

$401

€ 330

$455

$494

$296

$611

$250

$63

$37

$29

$21

Less amounts due within one year

361

Long-term debt

2,972

3,245

Interest rate, stated percentage

3.00%

7.38%

6.88%

6.75%

4.88%

5.00%

Maximum Borrowing Capacity

900

215

Leverage ratio as defined in the Agreement

Number financial maintenance covenants

Unused Credit

804

Interest rate margin, Eurocurrency Rate loans (as a percent)

1.25%

2.00%

Interest rate margin, Base Rate loans (as a percent)

0.25%

1.00%

Facility fee payable (as a percent)

0.25%

0.50%

Weighted Average Interest Rate (as a percent)

2.09%

Face Value

300

330

500

Net proceeds, after deducting debt issuance costs

1,247

768

119

418

790

Interest charges for note repurchase premium and related write-off of unamortized finance fees

Debt discharge

300

Interest charges for note repurchase premiums and related write-off of unamortized finance fees

Principal Amount

600

608

401

500

300

250

Indicated Market Price (in dollars per share)

$106.70

$118.85

$110

$101.81

$101.25

$112.31

Fair Value

640

723

441

509

304

281

Total interest expense

230

229

239

Short-term loans and long-term debt due within one year

$488

$322

$122

$276

Weighted average interest rate, short-term debt (as a percent)

1.41%

Debt_Details_2

Debt (Details 2) (USD $)	Dec. 31, 2014
In Millions, unless otherwise specified	Dec. 31, 2014
Annual maturities of long-term debt through 2018
2015	$361
2016	883
2017	4
2018	254
2019	$4

Contingencies_Details

Contingencies (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 1993
	item	item	item	Dec. 31, 1993
Percentage of asbestos plaintiffs
Sale of goods containing asbestos from 1948 to 1958	$40,000,000
Approximate number of claims disposed of to date	395,000
Average indemnity payment per claim	8,900
Deferred amounts payable	13,000,000	12,000,000
Asbestos-related liability, total amount accrued beginning in 1993 through 2014 before insurance recoveries	4,400,000,000			975,000,000
Additional estimated period that result in an annual charge, if future comprehensive review of asbestos-related liabilities is not determined	1 year
Asbestos related charges	135,000,000
Approximate number of plaintiffs and claimants asbestos claims pending against the entity
Pending at beginning of year (in number of litigants)	2,620	2,610	4,640
Disposed (in number of litigants)	1,870	1,700	4,390
Filed (in number of litigants)	1,470	1,710	2,360
Pending at end of year (in number of litigants)	2,220	2,620	2,610
Non-income tax assessment
Percentage of asbestos plaintiffs
Estimated amount of income-tax assessment including penalties and interest	85,000,000
Charge created due to unfavorable ruling	69,000,000
Non-income tax refund	7,000,000
Installment payments made	$76,000,000
Damages unspecified or sufficient to invoke jurisdictional minimum
Percentage of asbestos plaintiffs
Percentage of asbestos plaintiffs, approximate percentage	81.00%
Damages of $15 million or less
Percentage of asbestos plaintiffs
Percentage of asbestos plaintiffs, approximate percentage	13.00%
Damages greater than $15 million but less than $100 million
Percentage of asbestos plaintiffs
Percentage of asbestos plaintiffs, approximate percentage	5.00%
Damages equal to or greater than $100 million
Percentage of asbestos plaintiffs
Percentage of asbestos plaintiffs, fewer than percentage	1.00%

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Loss (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Increase (Decrease) Accumulated Other Comprehensive Loss, Net of Tax
Balance at beginning of the period	($1,121)
Other comprehensive income (loss)	-394	379	-177
Balance at end of the period	-1,494	-1,121
Net Effect of Exchange Rate Fluctuations
Increase (Decrease) Accumulated Other Comprehensive Loss, Net of Tax
Balance at beginning of the period	229	455
Change before reclassifications	-284	-226
Other comprehensive income (loss)	-284	-226
Balance at end of the period	-55	229
Change in Certain Derivative Instruments
Increase (Decrease) Accumulated Other Comprehensive Loss, Net of Tax
Balance at beginning of the period	-12	-14
Change before reclassifications	3	1
Amounts reclassified from accumulated other comprehensive income	-2	1
Other comprehensive income (loss)	1	2
Balance at end of the period	-11	-12
Employee Benefit Plans
Increase (Decrease) Accumulated Other Comprehensive Loss, Net of Tax
Balance at beginning of the period	-1,338	-1,947
Change before reclassifications	-140	503
Amounts reclassified from accumulated other comprehensive income	92	139
Translation effect	-32
Tax effect	-10	-33
Other comprehensive income (loss)	-90	609
Balance at end of the period	-1,428	-1,338
Accumulated Other Comprehensive Loss
Increase (Decrease) Accumulated Other Comprehensive Loss, Net of Tax
Balance at beginning of the period	-1,121	-1,506
Change before reclassifications	-421	278
Amounts reclassified from accumulated other comprehensive income	90	140
Translation effect	-32
Tax effect	-10	-33
Other comprehensive income (loss)	-373	385
Balance at end of the period	($1,494)	($1,121)

Stock_Options_and_Other_Stock_2

Stock Options and Other Stock Based Compensation (Details) (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Stock Options and Other Stock Based Compensation
Shares available for grants under the plans	9,902,000
Compensation cost for all grants of shares and units	$21	$11	$11
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award
Number of options may be exercised in whole or in part during the first year after the date granted	231,000
Stock Options \| Shares granted to employees prior to March 22, 2005
Share-based Compensation Arrangement by Share-based Payment Award
Options expiration period	10 years
Stock Options \| Shares granted to employees after March 21, 2005
Share-based Compensation Arrangement by Share-based Payment Award
Number of options may be exercised in whole or in part during the first year after the date granted	0
Percentage of options which become exercisable on the fifth anniversary of the date of option grant	25.00%
Options expiration period	7 years
Stock Options \| Shares granted to employees after March 21, 2005 \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award
Fair value of options, amortization period	1 year
Stock Options \| Shares granted to employees after March 21, 2005 \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award
Fair value of options, amortization period	4 years

Stock_Options_and_Other_Stock_3

Stock Options and Other Stock Based Compensation (Details 2) (Stock Options, USD $)	12 Months Ended
In Millions, except Share data in Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Stock Options
Number of Shares
Options outstanding, Beginning balance (in shares)	2,421
Granted (in shares)	346
Exercised (in shares)	-231
Forfeited or expired (in shares)	-115
Options outstanding, ending balance (in shares)	2,421	2,421
Options vested or expected to vest (in shares)	2,389
Options exercisable (in shares)	1,595
Weighted Average Exercise Price (per share)
Options outstanding, Beginning balance (in dollars per share)	$25.50
Granted (in dollars per share)	$33.38
Exercised (in dollars per share)	$21.43
Forfeited or expired (in dollars per share)	$29.43
Options outstanding, Closing balance (in dollars per share)	$26.83	$25.50
Options vested or expected to vest (in dollars per share)	$26.80
Options exercisable (in dollars per share)	$24.14
Weighted Average Remaining Contractual Term (in years)
Options outstanding, Closing balance	3 years 1 month 6 days
Options vested or expected to vest	3 years
Options exercisable	2 years
Aggregate Intrinsic Value
Options outstanding, Closing balance (in dollars)	$12
Options vested or expected to vest (in dollars)	12
Options exercisable (in dollars)	11
Weighted average grant-date fair value of options granted (in dollars per share)	$13.17	$12.39	$10.63
Aggregate intrinsic value of options exercised (in dollars)	3	16	3
Aggregate cash received from options exercised (in dollars)	$5	$24	$4
Weighted average assumptions used to estimate the fair value of each option grant
Expected life of options (years)	5 years	5 years	4 years 9 months
Expected stock price volatility (as a percent)	43.00%	55.30%	56.60%
Risk-free interest rate (as a percent)	1.60%	0.90%	0.80%
Expected dividend yield (as a percent)	0.00%	0.00%	0.00%

Stock_Options_and_Other_Stock_4

Stock Options and Other Stock Based Compensation (Details 3) (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Unrecognized compensation cost of unvested stock options, restricted shares, restricted share units and performance vested restricted share units (in dollars)	$15
Weighted average period during which unrecognized compensation costs would be recognized	2 years
Restricted Shares and Restricted Share Units \| Shares granted to employees prior to March 22, 2005
Share-based Compensation Arrangement by Share-based Payment Award
Period after which shares granted can be vested	3 years
Restricted Shares and Restricted Share Units \| Shares granted to employees after March 21, 2005
Share-based Compensation Arrangement by Share-based Payment Award
Percentage of shares vested per year beginning on first anniversary	25.00%
Restricted Shares and Restricted Share Units \| Shares granted to employees after March 21, 2005 \| Minimum
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Fair value of restricted shares, amortization period	1 year
Restricted Shares and Restricted Share Units \| Shares granted to employees after March 21, 2005 \| Maximum
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Fair value of restricted shares, amortization period	4 years
Restricted Shares
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Nonvested, beginning balance (in shares)	457,000
Granted (in shares)	213,000
Vested (in shares)	-153,000
Forfeited (in shares)	-30,000
Nonvested, ending balance (in shares)	-487,000	457,000
Nonvested, Beginning balance (in dollars per share)	$24.14
Granted (in dollars per share)	$33.36	$26.49	$22.39
Vested (in dollars per share)	$26.45
Forfeited (in dollars per share)	$27.39
Nonvested, Closing balance (in dollars per share)	$27.25	$24.14
Total fair value of shares issued (in dollars)	5	5	5
Restricted Shares \| Shares granted to directors after 2007
Share-based Compensation Arrangement by Share-based Payment Award
Period after which shares granted can be vested	1 year
Restricted Shares \| Shares granted to employees after 2010
Share-based Compensation Arrangement by Share-based Payment Award
Common stock distribution ratio	1
Restricted Share Units \| Shares granted to employees after 2010
Share-based Compensation Arrangement by Share-based Payment Award
Percentage of shares vested per year beginning on first anniversary	25.00%
Performance Vested Restricted Share Units
Share-based Compensation Arrangement by Share-based Payment Award
Period after which shares granted can be vested	3 years
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Nonvested, beginning balance (in shares)	882,000
Granted (in shares)	273,000
Vested (in shares)	-56,000
Forfeited (in shares)	-196,000
Nonvested, ending balance (in shares)	903,000	882,000
Nonvested, Beginning balance (in dollars per share)	$25.49
Granted (in dollars per share)	$33.41	$26.10	$22.50
Vested (in dollars per share)	$29.67
Forfeited (in dollars per share)	$28.64
Nonvested, Closing balance (in dollars per share)	$26.94	$25.49
Total fair value of shares vested (in dollars)	$2
Shares issued	273,000
Performance Vested Restricted Share Units \| Maximum
Restricted share and Restricted Share Units and Performance Vested Restricted Share Units
Shares of common stock holder may receive, per unit of vested units	2

Other_Expense_Details

Other Expense (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Other Expense
Restructuring, asset impairment and related charges	$76	$97	$168
Charge for asbestos related costs	135	145	155
Non-income tax charge	69
Charge for Argentina impairment		22
Gain on China land compensation			-61
Foreign currency exchange (gain) loss	-2	9	8
Other expense (income)	13	-7	-16
Other expense, net	283	266	254
Other Expense
Other Expense
Restructuring, asset impairment and related charges	68
Cost of Goods Sold
Other Expense
Restructuring, asset impairment and related charges	$8

Operating_Leases_Details

Operating Leases (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating Leases
Rent expense attributable to warehouse, office buildings and equipment operating leases	$63	$57	$76
Minimum future rentals under operating leases
2015	54
2016	46
2017	41
2018	36
2019	26
2020 and thereafter	$42

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Numerator:
Net earnings (loss) attributable to the Company	$75	$184	$184
Denominator (in thousands):
Denominator for basic earnings per share - weighted average shares outstanding (in shares)	164,720	164,425	164,474
Effect of dilutive securities:
Stock options and other (in shares)	1,327	1,403	1,294
Denominator for diluted earnings per share - adjusted weighted average shares (in shares)	166,047	165,828	165,768
Basic earnings per share:
Earnings from continuing operations (in dollars per share)	$0.60	$1.22	$1.13
Loss from discontinued operations (in dollars per share)	($0.14)	($0.11)	($0.01)
Net earnings (in dollars per share)	$0.46	$1.11	$1.12
Diluted earnings per share:
Earnings from continuing operations (in dollars per share)	$0.59	$1.22	$1.12
Gain (loss) from discontinued operations (in dollars per share)	($0.14)	($0.11)	($0.01)
Net earnings (in dollars per share)	$0.45	$1.11	$1.11
Weighted average shares of common stock attributable to options not included in diluted earnings per share (in shares)	1,143,933	1,315,216	2,125,963

Supplemental_Cash_Flow_Informa2

Supplemental Cash Flow Information (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Decrease (increase) in current assets:
Receivables	$59	$18	$213
Inventories	-26	-30	-74
Prepaid expenses and other	-1	3	19
Increase (decrease) in current liabilities:
Accounts payable	103	128	-53
Accrued liabilities	12	7	-47
Salaries and wages	-3	-2	29
U.S. and foreign income taxes	-27		-6
Changes in components of working capital, total	117	124	81
Interest paid in cash	199	205	234
Income taxes paid (received) in cash
Non-U.S. Income taxes paid in cash	101	128	132
Total income taxes paid in cash	$101	$128	$132

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Subsidiaries
Loss from discontinued operations	$23	$18	$2
Discontinued Operations, Disposed Venezuelan Subsidiaries
Subsidiaries
Loss from discontinued operations	$23	$18	$2

Financial_Information_for_Subs2

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
	item	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Financial Information for Subsidiary Guarantors and Non-Guarantors
Number of subsidiaries that have guaranteed the notes	2
Ownership percentage in Guarantor Subsidiaries	100.00%
Current assets:
Cash and cash equivalents	$512	$383
Receivables	744	943
Inventories	1,035	1,117
Prepaid expenses	80	107
Total current assets	2,371	2,550
Goodwill	1,893	2,059	2,079	2,082
Other non-current assets	1,149	1,178
Total other assets	3,042	3,237
Property, plant and equipment, net	2,445	2,632	2,769
Total assets	7,858	8,419	8,598
Current liabilities:
Short-term loans and long-term debt due within one year	488	322
Current portion of asbestos liability	143	150
Accounts payable	1,137	1,144
Other liabilities	560	638
Total current liabilities	2,328	2,254
Long-term debt	2,972	3,245
Asbestos-related liabilities	292	298
Other long-term liabilities	991	1,019
Total share owners' equity of the Company	1,158	1,456
Noncontrolling interests	117	147
Total liabilities and share owners' equity	7,858	8,419
Eliminations
Current assets:
Investments in and advances to subsidiaries	-3,456	-4,058
Total assets	-3,456	-4,058
Current liabilities:
Other liabilities	-20
Total current liabilities	-20
Long-term debt	-250	-250
Total share owners' equity of the Company	-3,186	-3,808
Total liabilities and share owners' equity	-3,456	-4,058
Parent
Current assets:
Investments in and advances to subsidiaries	1,863	2,154
Total assets	1,863	2,154
Current liabilities:
Current portion of asbestos liability	143	150
Other liabilities	20
Total current liabilities	163	150
Long-term debt	250	250
Asbestos-related liabilities	292	298
Total share owners' equity of the Company	1,158	1,456
Total liabilities and share owners' equity	1,863	2,154
Guarantor Subsidiaries
Current assets:
Investments in and advances to subsidiaries	1,593	1,904
Total assets	1,593	1,904
Current liabilities:
Total share owners' equity of the Company	1,593	1,904
Total liabilities and share owners' equity	1,593	1,904
Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	512	383
Receivables	744	943
Inventories	1,035	1,117
Prepaid expenses	80	107
Total current assets	2,371	2,550
Goodwill	1,893	2,059
Other non-current assets	1,149	1,178
Property, plant and equipment, net	2,445	2,632
Total assets	7,858	8,419
Current liabilities:
Short-term loans and long-term debt due within one year	488	322
Accounts payable	1,137	1,144
Other liabilities	560	638
Total current liabilities	2,185	2,104
Long-term debt	2,972	3,245
Other long-term liabilities	991	1,019
Total share owners' equity of the Company	1,593	1,904
Noncontrolling interests	117	147
Total liabilities and share owners' equity	$7,858	$8,419

Financial_Information_for_Subs3

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details 2) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Results of Operations
Net sales	$6,784	$6,967	$7,000
Cost of goods sold	-5,531	-5,636	-5,626
Gross profit	1,253	1,331	1,374
Selling and administrative expense	-523	-506	-555
Research, development and engineering expense	-63	-62	-62
Interest expense, net	-230	-229	-239
Other equity earnings	64	67	64
Other expense, net	-283	-266	-254
Earnings from continuing operations before income taxes	218	335	328
Provision for income taxes	-92	-120	-108
Earnings from continuing operations	126	215	220
Loss from discontinued operation	-23	-18	-2
Net earnings	103	197	218
Net earnings attributable to noncontrolling interests	-28	-13	-34
Net earnings attributable to the Company	75	184	184
Other comprehensive income (loss):
Net earnings	103	197	218
Other comprehensive income (loss)	-394	379	-177
Total comprehensive income (loss)	-291	576	41
Comprehensive income attributable to noncontrolling interests	-7	-7	-42
Comprehensive income (loss) attributable to the Company	-298	569	-1
Parent
Results of Operations
Net intercompany interest	20	20	20
Interest expense, net	-20	-20	-20
Equity earnings from subsidiaries	210	329	339
Other expense, net	-135	-145	-155
Earnings from continuing operations before income taxes	75	184	184
Earnings from continuing operations	75	184	184
Net earnings	75	184	184
Net earnings attributable to the Company	75	184	184
Other comprehensive income (loss):
Net earnings	75	184	184
Other comprehensive income (loss)	-394	379	-177
Total comprehensive income (loss)	-319	563	7
Comprehensive income attributable to noncontrolling interests	21	6	-8
Comprehensive income (loss) attributable to the Company	-298	569	-1
Guarantor Subsidiaries
Results of Operations
Equity earnings from subsidiaries	210	329	339
Earnings from continuing operations before income taxes	210	329	339
Earnings from continuing operations	210	329	339
Net earnings	210	329	339
Net earnings attributable to the Company	210	329	339
Other comprehensive income (loss):
Net earnings	210	329	339
Other comprehensive income (loss)	-394	379	-177
Total comprehensive income (loss)	-184	708	162
Comprehensive income (loss) attributable to the Company	-184	708	162
Non-Guarantor Subsidiaries
Results of Operations
Net sales	6,784	6,967	7,000
Cost of goods sold	-5,531	-5,636	-5,626
Gross profit	1,253	1,331	1,374
Selling and administrative expense	-523	-506	-555
Research, development and engineering expense	-63	-62	-62
Net intercompany interest	-20	-20	-20
Interest expense, net	-210	-209	-219
Other equity earnings	64	67	64
Other expense, net	-148	-121	-99
Earnings from continuing operations before income taxes	353	480	483
Provision for income taxes	-92	-120	-108
Earnings from continuing operations	261	360	375
Loss from discontinued operation	-23	-18	-2
Net earnings	238	342	373
Net earnings attributable to noncontrolling interests	-28	-13	-34
Net earnings attributable to the Company	210	329	339
Other comprehensive income (loss):
Net earnings	238	342	373
Other comprehensive income (loss)	-394	379	-177
Total comprehensive income (loss)	-156	721	196
Comprehensive income attributable to noncontrolling interests	-7	-7	-42
Comprehensive income (loss) attributable to the Company	-163	714	154
Eliminations
Results of Operations
Equity earnings from subsidiaries	-420	-658	-678
Earnings from continuing operations before income taxes	-420	-658	-678
Earnings from continuing operations	-420	-658	-678
Net earnings	-420	-658	-678
Net earnings attributable to the Company	-420	-658	-678
Other comprehensive income (loss):
Net earnings	-420	-658	-678
Other comprehensive income (loss)	788	-758	354
Total comprehensive income (loss)	368	-1,416	-324
Comprehensive income attributable to noncontrolling interests	-21	-6	8
Comprehensive income (loss) attributable to the Company	$347	($1,422)	($316)

Financial_Information_for_Subs4

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details 3) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash Flows
Total cash provided by operating activities	$675	$682	$575
Cash utilized in investing activities	-455	-402	-221
Cash utilized in financing activities	-70	-321	-339
Effect of exchange rate fluctuations on cash	-21	-7	16
Increase (decrease) in cash	129	-48	31
Cash at beginning of year	383	431	400
Cash at end of year	512	383	431
Parent
Cash Flows
Total cash provided by operating activities	-148	-158	-165
Cash utilized in financing activities	148	158	165
Non-Guarantor Subsidiaries
Cash Flows
Total cash provided by operating activities	823	840	740
Cash utilized in investing activities	-455	-402	-221
Cash utilized in financing activities	-218	-479	-504
Effect of exchange rate fluctuations on cash	-21	-7	16
Increase (decrease) in cash	129	-48	31
Cash at beginning of year	383	431	400
Cash at end of year	$512	$383	$431

SCHEDULE_II_VALUATION_AND_QUAL1

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (CONSOLIDATED) (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Allowances for losses and discounts on receivables
Reserves deducted from assets in the balance sheets:
Balance at beginning of period	$39	$41	$38
Additions
Charged to costs and expenses/charged to income	15	11	17
Other/Charged to other comprehensive income	-12	-5	-5
Deductions	-8	-8	-9
Balance at end of period	34	39	41
Valuation allowance on net deferred tax assets
Reserves deducted from assets in the balance sheets:
Balance at beginning of period	990	1,171	1,176
Additions
Charged to costs and expenses/charged to income	37	37	-7
Other/Charged to other comprehensive income	55	-187	-10
Foreign currency translation	-15	-7	3
Other	-31	-24	9
Balance at end of period	$1,036	$990	$1,171