O-I Glass (OI) 10-Q 30 Jul 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014
Document and Entity Information	'
Entity Registrant Name	'OWENS ILLINOIS INC /DE/
Entity Central Index Key	'0000812074
Document Type	'10-Q
Document Period End Date	30-Jun-14
Amendment Flag	'false
Current Fiscal Year End Date	'--12-31
Entity Current Reporting Status	'Yes
Entity Filer Category	'Large Accelerated Filer
Entity Common Stock, Shares Outstanding	164,843,793
Document Fiscal Year Focus	'2014
Document Fiscal Period Focus	'Q2

CONDENSED_CONSOLIDATED_RESULTS

CONDENSED CONSOLIDATED RESULTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
In Millions, except Share data in Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONDENSED CONSOLIDATED RESULTS OF OPERATIONS	'	'	'	'
Net sales	$1,797	$1,781	$3,436	$3,422
Cost of goods sold	-1,439	-1,412	-2,757	-2,734
Gross profit	358	369	679	688
Selling and administrative expense	-131	-129	-264	-258
Research, development and engineering expense	-17	-15	-32	-30
Interest expense, net	-54	-56	-108	-124
Equity earnings	19	16	35	33
Other income (expense), net	4	-8	3	-15
Earnings from continuing operations before income taxes	179	177	313	294
Provision for income taxes	-39	-37	-66	-70
Earnings from continuing operations	140	140	247	224
Loss from discontinued operations	-20	-3	-21	-13
Net earnings	120	137	226	211
Net earnings attributable to noncontrolling interests	-6	-5	-11	-10
Net earnings attributable to the Company	114	132	215	201
Amounts attributable to the Company:	'	'	'	'
Earnings from continuing operations	134	135	236	214
Loss from discontinued operations	-20	-3	-21	-13
Net earnings	$114	$132	$215	$201
Basic earnings per share:	'	'	'	'
Earnings from continuing operations	$0.81	$0.82	$1.43	$1.30
Loss from discontinued operations	($0.12)	($0.02)	($0.13)	($0.08)
Net earnings	$0.69	$0.80	$1.30	$1.22
Weighted average shares outstanding	164,906	164,369	164,833	164,220
Diluted earnings per share:	'	'	'	'
Earnings from continuing operations	$0.80	$0.81	$1.42	$1.29
Loss from discontinued operations	($0.12)	($0.02)	($0.13)	($0.08)
Net earnings	$0.68	$0.79	$1.29	$1.21
Weighted average diluted shares outstanding	166,258	165,731	166,212	165,617

CONDENSED_CONSOLIDATED_COMPREH

CONDENSED CONSOLIDATED COMPREHENSIVE INCOME (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONDENSED CONSOLIDATED COMPREHENSIVE INCOME	'	'	'	'
Net earnings	$120	$137	$226	$211
Other comprehensive income (loss):	'	'	'	'
Foreign currency translation adjustments	49	-162	81	-194
Pension and other postretirement benefit adjustments, net of tax	14	90	37	135
Change in fair value of derivative instruments	-1	-4	'	'
Other comprehensive income (loss):	62	-76	118	-59
Total comprehensive income	182	61	344	152
Comprehensive income attributable to noncontrolling interests	-8	-3	-10	-4
Comprehensive income attributable to the Company	$174	$58	$334	$148

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Current assets:	'	'	'	'	'	'
Cash and cash equivalents	$194	'	$383	$249	'	'
Receivables	1,147	'	943	1,159	'	'
Inventories	1,204	'	1,117	1,175	'	'
Prepaid expenses	103	'	107	110	'	'
Total current assets	2,648	'	2,550	2,693	'	'
Property, plant and equipment, net	2,661	'	2,632	2,600	'	'
Goodwill	2,065	'	2,059	2,031	'	'
Other assets	1,217	'	1,178	1,086	'	'
Total assets	8,591	'	8,419	8,410	'	'
Current liabilities:	'	'	'	'	'	'
Short-term loans and long-term debt due within one year	1,027	'	322	437	'	'
Current portion of asbestos-related liabilities	150	'	150	155	'	'
Accounts payable	1,123	'	1,144	982	'	'
Other liabilities	538	'	638	545	'	'
Total current liabilities	2,838	'	2,254	2,119	'	'
Long-term debt	2,620	'	3,245	3,336	'	'
Asbestos-related liabilities	256	'	298	257	'	'
Other long-term liabilities	955	'	1,019	1,504	'	'
Share owners' equity	1,922	1,760	1,603	1,194	1,155	1,055
Total liabilities and share owners' equity	$8,591	'	$8,419	$8,410	'	'

CONDENSED_CONSOLIDATED_CASH_FL

CONDENSED CONSOLIDATED CASH FLOWS (USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:	'	'
Net earnings	$226	$211
Loss from discontinued operations	21	13
Non-cash charges	'	'
Depreciation and amortization	229	215
Pension expense	29	52
Restructuring, asset impairment and related charges	'	10
Cash payments	'	'
Pension contributions	-20	-17
Asbestos-related payments	-42	-49
Cash paid for restructuring activities	-38	-47
Change in components of working capital	-354	-351
Other, net (a)	-82	-15
Cash provided by (utilized in) continuing operating activities	-31	22
Cash utilized in discontinued operating activities	-2	-5
Total cash provided by (utilized in) operating activities	-33	17
Cash flows from investing activities:	'	'
Additions to property, plant and equipment	-196	-164
Other, net	18	2
Cash utilized in investing activities	-178	-162
Cash flows from financing activities:	'	'
Changes in borrowings, net	71	9
Issuance of common stock	5	6
Treasury shares purchased	-12	-10
Distributions to noncontrolling interests	-35	-21
Other, net	-3	-13
Cash provided by (utilized in) financing activities	26	-29
Effect of exchange rate fluctuations on cash	-4	-8
Decrease in cash	-189	-182
Cash at beginning of period	383	431
Cash at end of period	$194	$249

Segment_Information

Segment Information	6 Months Ended
	Jun. 30, 2014
Segment Information	'
Segment Information	'
	1.              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 sales, global engineering, and non-glass 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 net sales and 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 for the three and six months ended June 30, 2014 and 2013 regarding the Company’s reportable segments is as follows:
		Three months ended June 30,						Six months ended June 30,
		2014			2013			2014			2013
	Net sales:
	Europe	$	790		$	746		$	1,496		$	1,396
	North America	541			527			1,026			996
	South America	274			269			513			538
	Asia Pacific	184			231			387			478
	Reportable segment totals	1,789			1,773			3,422			3,408
	Other	8			8			14			14
	Net sales	$	1,797		$	1,781		$	3,436		$	3,422
		Three months ended June 30,						Six months ended June 30,
		2014			2013			2014			2013
	Segment operating profit:
	Europe	$	109		$	111		$	196		$	170
	North America	83			93			148			167
	South America	53			37			94			90
	Asia Pacific	17			26			42			66
	Reportable segment totals	262			267			480			493
	Items excluded from segment operating profit:
	Retained corporate costs and other	(29		)	(34		)	(59		)	(65		)
	Restructuring, asset impairment and related charges										(10		)
	Interest expense, net	(54		)	(56		)	(108		)	(124		)
	Earnings from continuing operations before income taxes	$	179		$	177		$	313		$	294
	Financial information regarding the Company’s total assets is as follows:
		June 30,			December 31,			June 30,
		2014			2013			2013
	Total assets:
	Europe	$	3,667		$	3,509		$	3,452
	North America	2,087			1,995			2,029
	South America	1,436			1,467			1,495
	Asia Pacific	1,127			1,150			1,178
	Reportable segment totals	8,317			8,121			8,154
	Other	274			298			256
	Consolidated totals	$	8,591		$	8,419		$	8,410

Receivables

Receivables	6 Months Ended
	Jun. 30, 2014
Receivables	'
Receivables	'
	2.  Receivables
	Receivables consist of the following:
		June 30,		December 31,		June 30,
		2014		2013		2013
	Trade accounts receivable	$	976	$	757	$	1,008
	Less: allowances for doubtful accounts and discounts	40		39		42
	Net trade receivables	936		718		966
	Other receivables	211		225		193
		$	1,147	$	943	$	1,159
	The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows. The amount of receivables sold by the Company was $190 million, $192 million, and $90 million at June 30, 2014, December 31, 2013, and June 30, 2013, respectively. The Company has no continuing involvement with the sold receivables.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2014
Inventories	'
Inventories	'
	3.  Inventories
	Major classes of inventory are as follows:
		June 30,		December 31,		June 30,
		2014		2013		2013
	Finished goods	$	1,032	$	958	$	1,006
	Raw materials	127		113		125
	Operating supplies	45		46		44
		$	1,204	$	1,117	$	1,175

Derivative_Instruments

Derivative Instruments	6 Months Ended
	Jun. 30, 2014
Derivative Instruments	'
Derivative Instruments	'
	4. 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 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.
	Commodity Futures Contracts Designated as Cash Flow Hedges
	The significant majority of the Company’s 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. When the customer exercises that option the Company enters into commodity futures contracts for the related natural gas requirements, in order to limit the effects of fluctuations in the future market price paid for natural gas and the related volatility in cash flows.  At June 30, 2014 and 2013, the Company had entered into commodity futures contracts covering approximately 2,900,000 MM BTUs and 7,400,000 MM BTUs, respectively, primarily related to customer requests to lock the price of natural gas.
	The Company accounts for these futures contracts as cash flow hedges 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 gain of $1 million at June 30, 2014 and an unrecognized loss of $1 million at June 30, 2013 related to the commodity futures contracts was included in Accumulated OCI, and will be reclassified into earnings over the next twelve 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 three and six months ended June 30, 2014 and 2013 was not material.
	The effect of the commodity futures contracts on the results of operations for the three months ended June 30, 2014 and 2013 is as follows:
							Amount of Gain
	Amount of Gain (Loss)						Reclassified from
	Recognized in OCI on						Accumulated OCI into Income
	Commodity Futures Contracts						(reported in Cost of goods sold)
	(Effective Portion)						(Effective Portion)
	2014			2013			2014			2013
	$	—		$	(3	)	$	1		$	1
	The effect of the commodity futures contracts on the results of operations for the six months ended June 30, 2014 and 2013 is as follows:
							Amount of Gain
	Amount of Gain						Reclassified from
	Recognized in OCI on						Accumulated OCI into Income
	Commodity Futures Contracts						(reported in Cost of goods sold)
	(Effective Portion)						(Effective Portion)
	2014			2013			2014			2013
	$	2		$	—		$	2		$	—
	Forward Exchange Contracts not Designated as Hedging Instruments
	The Company’s subsidiaries 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. Subsidiaries may also use forward exchange agreements to offset the foreign currency risk for receivables and payables, including intercompany receivables and payables, 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 June 30, 2014 and 2013, various subsidiaries of the Company had outstanding forward exchange and option agreements denominated in various currencies covering the equivalent of approximately $510 million and $740 million, respectively, related primarily to intercompany transactions and loans.
	The effect of the forward exchange contracts on the results of operations for the three months ended June 30, 2014 and 2013 is as follows:
			Amount of Gain (Loss)
	Location of Gain (Loss)		Recognized in Income on
	Recognized in Income on		Forward Exchange Contracts
	Forward Exchange Contracts		2014			2013
	Other expense, net		$	—		$	(9	)
	The effect of the forward exchange contracts on the results of operations for the six months ended June 30, 2014 and 2013 is as follows:
			Amount of Gain (Loss)
	Location of Gain (Loss)		Recognized in Income on
	Recognized in Income on		Forward Exchange Contracts
	Forward Exchange Contracts		2014			2013
	Other expense, net		$	(1	)	$	(12	)
	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) other assets if the instrument has a positive fair value and maturity after one year, (c) other liabilities (current) if the instrument has a negative fair value and maturity within one year, and (d) other long-term liabilities if the instrument has a negative fair value and maturity after one year.  The following table shows the amount and classification (as noted above) of the Company’s derivatives:
			Balance		Fair Value
			Sheet		June 30,			December 31,			June 30,
			Location		2014			2013			2013
	Asset Derivatives:
	Derivatives designated as hedging instruments:
	Commodity futures contracts		a		$	1		$	1		$	—
	Derivatives not designated as hedging instruments:
	Forward exchange contracts		a		3			3			2
	Total asset derivatives				$	4		$	4		$	2
	Liability Derivatives:
	Derivatives designated as hedging instruments:
	Commodity futures contracts		c		$	—		$	—		$	1
	Derivatives not designated as hedging instruments:
	Forward exchange contracts		c		2			7			9
	Total liability derivatives				$	2		$	7		$	10

Restructuring_Accruals

Restructuring Accruals	6 Months Ended
	Jun. 30, 2014
Restructuring Accruals	'
Restructuring Accruals	'
	5.  Restructuring Accruals
	Selected information related to the restructuring accruals for the three months ended June 30, 2014 and 2013 is as follows:
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at April 1, 2014	$	27		$	12		$	46		$	85
	Net cash paid, principally severance and related benefits	(3		)	(9		)	(5		)	(17		)
	Other, including foreign exchange translation	(4		)				1			(3		)
	Balance at June 30, 2014	$	20		$	3		$	42		$	65
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at April 1, 2013	$	37		$	4		$	54		$	95
	Net cash paid, principally severance and related benefits	(7		)	(1		)	(5		)	(13		)
	Other, including foreign exchange translation	1									1
	Balance at June 30, 2013	$	31		$	3		$	49		$	83
	Selected information related to the restructuring accruals for the six months ended June 30, 2014 and 2013 is as follows:
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at January 1, 2014	$	30		$	20		$	64		$	114
	Net cash paid, principally severance and related benefits	(5		)	(13		)	(20		)	(38		)
	Other, including foreign exchange translation	(5		)	(4		)	(2		)	(11		)
	Balance at June 30, 2014	$	20		$	3		$	42		$	65
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at January 1, 2013	$	53		$	6		$	64		$	123
	Charges	7			2			1			10
	Write-down of assets to net realizable value	(2		)							(2		)
	Net cash paid, principally severance and related benefits	(27		)	(5		)	(15		)	(47		)
	Other, including foreign exchange translation							(1		)	(1		)
	Balance at June 30, 2013	$	31		$	3		$	49		$	83
	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, which was not material, as Level 3 in the fair value hierarchy as set forth in the general accounting principles for fair value measurements.
	European Asset Optimization
	During the six months ended June 30, 2013, the Company recorded charges of $7 million related to the European Asset Optimization program. These charges represented additional employee costs that the Company was required to record for the furnace closures announced during the fourth quarter of 2012.

Pensions_Benefit_Plans_and_Oth

Pensions Benefit Plans and Other Postretirement Benefits	6 Months Ended
	Jun. 30, 2014
Pensions Benefit Plans and Other Postretirement Benefits	'
Pensions Benefit Plans and Other Postretirement Benefits	'
	6.  Pensions Benefit Plans and Other Postretirement Benefits
	The components of the net periodic pension cost for the three months ended June 30, 2014 and 2013 are as follows:
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Service cost	$	5		$	7		$	7		$	8
	Interest cost	26			27			19			17
	Expected asset return	(44		)	(46		)	(24		)	(22		)
	Amortization:
	Prior Service cost							(1		)
	Actuarial loss	19			27			7			8
	Net periodic pension cost	$	6		$	15		$	8		$	11
	The components of the net periodic pension cost for the six months ended June 30, 2014 and 2013 are as follows:
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Service cost	$	12		$	14		$	14		$	16
	Interest cost	53			54			37			34
	Expected asset return	(87		)	(92		)	(46		)	(45		)
	Amortization:
	Prior Service cost							(1		)
	Actuarial loss	36			55			11			16
	Net periodic pension cost	$	14		$	31		$	15		$	21
	The U.S. pension expense for the six months ended June 30, 2013 excludes $8 million of special termination benefits that were recorded in discontinued operations in 2013.
	During the second quarter of 2013, the Company recorded a curtailment gain of $5 million related to modifications made to one of its U.S. postretirement benefit plans that reduced or eliminated certain health care and life insurance benefits. These modifications also resulted in a $55 million reduction in the postretirement benefit obligation that was recognized in accumulated other comprehensive income.

Income_Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2014
Income Taxes	'
Income Taxes	'
	7.  Income Taxes
	The Company performs a quarterly review of the annual effective tax rate and makes changes if necessary based on new information or events. The estimated annual effective tax rate is forecasted quarterly using actual historical information and forward-looking estimates. The estimated annual effective tax rate may fluctuate due to changes in forecasted annual operating income; changes in the forecasted mix of earnings by country; changes to the valuation allowance for deferred tax assets (such changes would be recorded discretely in the quarter in which they occur); changes to actual or forecasted permanent book to tax differences (non-deductible expenses); impacts from future tax settlements with state, federal or foreign tax authorities (such changes would be recorded discretely in the quarter in which they occur); or impacts from tax law changes. To the extent such changes impact deferred tax assets/liabilities, these changes would generally be recorded discretely in the quarter in which they occur.  Additionally, the annual effective tax rate differs from the statutory U.S. Federal tax rate of 35% primarily because of valuation allowances in some jurisdictions and varying non-U.S. tax rates.
	In the U.S., the Company has experienced cumulative losses in previous years and has recorded a valuation allowance against its deferred tax assets. 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, 2013 was $837 million.

Debt

Debt	6 Months Ended
	Jun. 30, 2014
Debt	'
Debt	'
	8.  Debt
	The following table summarizes the long-term debt of the Company:
		June 30,			December 31,			June 30,
		2014			2013			2013
	Secured Credit Agreement:
	Revolving Credit Facility:
	Revolving Loans	$	65		$	—		$	—
	Term Loans:
	Term Loan A							23
	Term Loan B	405			405			525
	Term Loan C (81 million CAD at June 30, 2014)	76			76			97
	Term Loan D (€85 million at June 30, 2014)	116			117			161
	Senior Notes:
	3.00%, Exchangeable, due 2015	611			617			607
	7.375%, due 2016	595			593			592
	6.75%, due 2020 (€500 million)	682			690			653
	4.875%, due 2021 (€330 million)	450			455			431
	Senior Debentures:
	7.80%, due 2018	250			250			250
	Other	66			58			84
	Total long-term debt	3,316			3,261			3,423
	Less amounts due within one year	696			16			87
	Long-term debt	$	2,620		$	3,245		$	3,336
	On May 19, 2011, the Company’s subsidiary borrowers entered into the Secured Credit Agreement (the “Agreement”).  At June 30, 2014, the Agreement included a $900 million revolving credit facility, a $405 million term loan, a 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 June 30, 2014, the Company’s subsidiary borrowers had unused credit of $727 million available under the Agreement.
	The weighted average interest rate on borrowings outstanding under the Agreement at June 30, 2014 was 2.03%.
	The Company repurchased $15 million and $46 million of the 2015 Exchangeable Notes during the six months ended June 30, 2014 and June 30, 2013, respectively. The amount by which the cash paid exceeded the fair value of the notes repurchased was recorded as a reduction to share owners’ equity. The Company recorded $3 million of additional interest charges for the loss on debt extinguishment and the related write-off of unamortized finance fees for the six months ended June 30, 2013.  As of June 30, 2014, the remaining $611 million balance of the Exchangeable Notes are classified as current liabilities on the balance sheet since they mature on June 1, 2015.  The Company intends to refinance these notes prior to their due date.
	During March 2013, the Company issued 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 the 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 is as follows:
		June 30,			December 31,			June 30,
		2014			2013			2013
	Balance (included in short-term loans)	$	294		$	276		$	290
	Weighted average interest rate	1.44		%	1.41		%	1.2		%
	The carrying amounts reported for the accounts receivable securitization program, and certain long-term debt obligations subject to frequently redetermined interest rates, approximate fair value.  Fair values for the Company’s significant fixed rate debt obligations are based on published market quotations, and are classified as Level 1 in the fair value hierarchy.
	Fair values at June 30, 2014 of the Company’s significant fixed rate debt obligations are as follows:
					Indicated
		Principal			Market		Fair
		Amount			Price		Value
	Senior Notes:
	3.00%, Exchangeable, due 2015	$	611		102.52		$	626
	7.375%, due 2016	595			110.63		658
	6.75%, due 2020 (€500 million)	682			117.99		805
	4.875%, due 2021 (€330 million)	450			107.68		485
	Senior Debentures:
	7.80%, due 2018	250			116.81		292

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2014
Contingencies	'
Contingencies	'
	9.  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”).
	As of June 30, 2014, the Company has determined that it is a named defendant in asbestos lawsuits and claims involving approximately 2,500 plaintiffs and claimants.  Based on an analysis of the lawsuits pending as of December 31, 2013, approximately 80% 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 16% of plaintiffs specifically plead damages above the jurisdictional minimum up to, and including, $15 million or less, and 3% 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 June 30, 2014, has disposed of the asbestos claims of approximately 394,000 plaintiffs and claimants at an average indemnity payment per claim of approximately $8,700.  Certain of these dispositions have included deferred amounts payable over a number of years.  Deferred amounts payable totaled approximately $24 million at June 30, 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 marginal or suspect claims that would otherwise have been received.  In addition, certain courts and legislatures have reduced or eliminated the number of marginal or suspect claims that the Company otherwise would have received.  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 $4.3 billion through 2013, 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 magnitude and timing of co-defendant bankruptcy trust payments, the inherent uncertainty of future disease incidence and claiming patterns against the Company, and the success of efforts by co-defendants to restrict or eliminate their liability in the litigation.
	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 foregoing types of claims.
	The significant assumptions underlying the material components of the Company’s accrual are:
	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 disease cases and claiming patterns 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 the addition of one year to the estimation period will result in an annual charge.
	The Company’s reported results of operations for 2013 were materially affected by the $145 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.
	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 $90 million (including penalties and interest). The Company challenged this assessment, but the tax authority’s position was upheld in court. The Company strongly disagrees with this ruling and believes it to be contradictory to other court rulings in the Company’s favor. Although the Company cannot predict the ultimate outcome of this case, it believes that it is probable that the tax authority’s assessment will be overturned by a higher court, and therefore, the Company has not established an accrual. In order to contest the lower court rulings, legal rules require the Company to deposit the amount of the tax assessment, which will be remitted in monthly installments over the next twelve months. A favorable ruling by the higher court will result in a return to the Company of amounts paid. An unfavorable ruling will result in the forfeiture of the deposit, a charge of approximately $60 million and a non-income tax refund of $30 million.  As of June 30, 2014, the Company has made installment payments totaling $70 million, which is included in Other assets on the balance sheet.
	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.

Share_Owners_Equity

Share Owners' Equity	6 Months Ended
	Jun. 30, 2014
Share Owners' Equity	'
Share Owners' Equity	'
	10.  Share Owners’ Equity
	The activity in share owners’ equity for the three months ended June 30, 2014 and 2013 is as follows:
		Share Owners’ Equity of the Company
		Common			Capital in			Treasury			Retained			Accumulated			Non-			Total Share
		Stock			Excess of			Stock			Earnings			Other			controlling			Owners’
					Par Value									Comprehensive			Interests			Equity
														Loss
	Balance on April 1, 2014	$	2		$	3,052		$	(452	)	$	90		$	(1,062	)	$	130		$	1,760
	Issuance of common stock (57,815 shares)				1															1
	Reissuance of common stock (49,026 shares)							1												1
	Treasury shares purchased (364,436 shares)							(12		)										(12		)
	Stock compensation				6															6
	Net earnings										114						6			120
	Other comprehensive income (loss)													60			2			62
	Distributions to noncontrolling interests																(16		)	(16		)
	Balance on June 30, 2014	$	2		$	3,059		$	(463	)	$	204		$	(1,002	)	$	122		$	1,922
		Share Owners’ Equity of the Company
		Common			Capital in			Treasury			Retained			Accumulated			Non-			Total Share
		Stock			Excess of			Stock			Loss			Other			controlling			Owners’
					Par Value									Comprehensive			Interests			Equity
														Loss
	Balance on April 1, 2013	$	2		$	3,013		$	(424	)	$	(126	)	$	(1,485	)	$	175		$	1,155
	Issuance of common stock (114,861 shares)				3															3
	Reissuance of common stock (57,153 shares)							1												1
	Treasury shares purchased (348,289 shares)							(10		)										(10		)
	Repurchase of exchangeable notes				(1		)													(1		)
	Stock compensation				3															3
	Net earnings										132						5			137
	Other comprehensive income (loss)													(74		)	(2		)	(76		)
	Distributions to noncontrolling interests																(21		)	(21		)
	Contributions from noncontrolling interests																3			3
	Balance on June 30, 2013	$	2		$	3,018		$	(433	)	$	6		$	(1,559	)	$	160		$	1,194
	The activity in share owners’ equity for the six months ended June 30, 2014 and 2013 is as follows:
		Share Owners’ Equity of the Company
		Common			Capital in			Treasury			Retained			Accumulated			Non-			Total Share
		Stock			Excess of			Stock			Earnings			Other			controlling			Owners’
					Par Value						(Loss)			Comprehensive			Interests			Equity
														Loss
	Balance on January 1, 2014	$	2		$	3,040		$	(454	)	$	(11	)	$	(1,121	)	$	147		$	1,603
	Issuance of common stock (213,542 shares)				5															5
	Reissuance of common stock (97,067 shares)							3												3
	Treasury shares purchased (364,436 shares)							(12		)										(12		)
	Stock compensation				14															14
	Net earnings										215						11			226
	Other comprehensive income (loss)													119			(1		)	118
	Distributions to noncontrolling interests																(35		)	(35		)
	Balance on June 30, 2014	$	2		$	3,059		$	(463	)	$	204		$	(1,002	)	$	122		$	1,922
		Share Owners’ Equity of the Company
		Common			Capital in			Treasury			Retained			Accumulated			Non-			Total Share
		Stock			Excess of			Stock			Loss			Other			controlling			Owners’
					Par Value									Comprehensive			Interests			Equity
														Loss
	Balance on January 1, 2013	$	2		$	3,005		$	(425	)	$	(195	)	$	(1,506	)	$	174		$	1,055
	Issuance of common stock (430,565 shares)				7															7
	Reissuance of common stock (97,924 shares)							2												2
	Treasury shares purchased (348,289 shares)							(10		)										(10		)
	Repurchase of exchangeable notes				(1		)													(1		)
	Stock compensation				7															7
	Net earnings										201						10			211
	Other comprehensive income (loss)													(53		)	(6		)	(59		)
	Distributions to noncontrolling interests																(21		)	(21		)
	Contributions from noncontrolling interests																3			3
	Balance on June 30, 2013	$	2		$	3,018		$	(433	)	$	6		$	(1,559	)	$	160		$	1,194
During the three and six months ended June 30, 2014, the Company purchased 364,000 shares of its common stock for $12 million pursuant to authorization by its Board of Directors in December 2013 to purchase up to $100 million of the Company’s common stock through December 31, 2015.
During the three and six months ended June 30, 2013, the Company purchased 348,000 shares of its common stock for $10 million pursuant to authorization by its Board of Directors in August 2012 to purchase up to $75 million of the Company’s common stock through December 31, 2013.
The Company has 250,000,000 shares of common stock authorized with a par value of $.01 per share. Shares outstanding are as follows:
	Shares Outstanding (in thousands)
	June 30,		December 31,		June 30,
	2014		2013		2013
Shares of common stock issued (including treasury shares)	183,897		183,500		182,511
Treasury shares	19,053		18,786		18,152

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2014
Accumulated Other Comprehensive Loss	'
Accumulated Other Comprehensive Loss	'
	11. Accumulated Other Comprehensive Loss
	The activity in accumulated other comprehensive loss for the three months ended June 30, 2014 and 2013 is as follows:
		Net Effect of			Change in			Employee			Total
		Exchange			Certain			Benefit Plans			Accumulated
		Rate			Derivative						Other
		Fluctuations			Instruments						Comprehensive
											Loss
	Balance on April 1, 2014	$	264		$	(11	)	$	(1,315	)	$	(1,062	)
	Change before reclassifications	47									47
	Amounts reclassified from accumulated other comprehensive income				(1		)(a)	22		(b)	21
	Translation effect							(7		)	(7		)
	Tax effect							(1		)	(1		)
	Other comprehensive income attributable to the Company	47			(1		)	14			60
	Balance on June 30, 2014	$	311		$	(12	)	$	(1,301	)	$	(1,002	)
		Net Effect of			Change in			Employee			Total
		Exchange			Certain			Benefit Plans			Accumulated
		Rate			Derivative						Other
		Fluctuations			Instruments						Comprehensive
											Loss
	Balance on April 1, 2013	$	427		$	(10	)	$	(1,902	)	$	(1,485	)
	Change before reclassifications	(160		)	(3		)	55			(108		)
	Amounts reclassified from accumulated other comprehensive income				(1		)(a)	32		(b)	31
	Translation effect							5			5
	Tax effect							(2		)	(2		)
	Other comprehensive income attributable to the Company	(160		)	(4		)	90			(74		)
	Balance on June 30, 2013	$	267		$	(14	)	$	(1,812	)	$	(1,559	)
	The activity in accumulated other comprehensive loss for the six months ended June 30, 2014 and 2013 is as follows:
		Net Effect of			Change in			Employee			Total
		Exchange			Certain			Benefit Plans			Accumulated
		Rate			Derivative						Other
		Fluctuations			Instruments						Comprehensive
											Loss
	Balance on January 1, 2014	$	229		$	(12	)	$	(1,338	)	$	(1,121	)
	Change before reclassifications	82			2						84
	Amounts reclassified from accumulated other comprehensive income				(2		)(a)	45		(b)	43
	Translation effect							(6		)	(6		)
	Tax effect							(2		)	(2		)
	Other comprehensive income attributable to the Company	82			—			37			119
	Balance on June 30, 2014	$	311		$	(12	)	$	(1,301	)	$	(1,002	)
		Net Effect of			Change in			Employee			Total
		Exchange			Certain			Benefit Plans			Accumulated
		Rate			Derivative						Other
		Fluctuations			Instruments						Comprehensive
											Loss
	Balance on January 1, 2013	$	455		$	(14	)	$	(1,947	)	$	(1,506	)
	Change before reclassifications	(188		)				55			(133		)
	Amounts reclassified from accumulated other comprehensive income							69		(b)	69
	Translation effect							15			15
	Tax effect							(4		)	(4		)
	Other comprehensive income attributable to the Company	(188		)	—			135			(53		)
	Balance on June 30, 2013	$	267		$	(14	)	$	(1,812	)	$	(1,559	)
	(a)     Amount is included in Cost of goods sold on the Condensed Consolidated Results of Operations (see Note 4 for additional information).
	(b)     Amount is included in the computation of net periodic pension cost (see Note 6 for additional information) and net postretirement benefit cost.

Other_Expense

Other Expense	6 Months Ended
	Jun. 30, 2014
Other Expense	'
Other Expense	'
	12. Other Expense
	During the six months ended June 30, 2013, the Company recorded charges of $10 million for restructuring, asset impairment and related charges primarily related to the Company’s European Asset Optimization program.  See Note 5 for additional information.

Earnings_Per_Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2014
Earnings Per Share	'
Earnings Per Share	'
	13. Earnings Per Share
	The following table sets forth the computation of basic and diluted earnings per share:
		Three months ended June 30,
		2014			2013
	Numerator:
	Net earnings attributable to the Company	$	114		$	132
	Denominator (in thousands):
	Denominator for basic earnings per share - weighted average shares outstanding	164,906			164,369
	Effect of dilutive securities:
	Stock options and other	1,353			1,362
	Denominator for diluted earnings per share - adjusted weighted average shares outstanding	166,258			165,731
	Basic earnings per share:
	Earnings from continuing operations	$	0.81		$	0.82
	Loss from discontinued operations	(0.12		)	(0.02		)
	Net earnings	$	0.69		$	0.8
	Diluted earnings per share:
	Earnings from continuing operations	$	0.8		$	0.81
	Loss from discontinued operations	(0.12		)	(0.02		)
	Net earnings	$	0.68		$	0.79
	Options to purchase 613,869 and 1,519,897 weighted average shares of common stock which were outstanding during the three months ended June 30, 2014 and 2013, 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.
		Six months ended June 30,
		2014			2013
	Numerator:
	Net earnings attributable to the Company	$	215		$	201
	Denominator (in thousands):
	Denominator for basic earnings per share - weighted average shares outstanding	164,833			164,220
	Effect of dilutive securities:
	Stock options and other	1,379			1,397
	Denominator for diluted earnings per share - adjusted weighted average shares outstanding	166,212			165,617
	Basic earnings per share:
	Earnings from continuing operations	$	1.43		$	1.3
	Loss from discontinued operations	(0.13		)	(0.08		)
	Net earnings	$	1.3		$	1.22
	Diluted earnings per share:
	Earnings from continuing operations	$	1.42		$	1.29
	Loss from discontinued operations	(0.13		)	(0.08		)
	Net earnings	$	1.29		$	1.21
	Options to purchase 491,941 and 1,580,200 weighted average shares of common stock which were outstanding during the six months ended June 30, 2014 and 2013, 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.
	The 2015 Exchangeable Notes have a dilutive effect only in those periods in which the Company’s average stock price exceeds the exchange price of $47.47 per share.  For the three and six months ended June 30, 2014 and 2013, the Company’s average stock price did not exceed the exchange price.  Therefore, the potentially issuable shares resulting from the settlement of the 2015 Exchangeable Notes were not included in the calculation of diluted earnings per share.

Supplemental_Cash_Flow_Informa

Supplemental Cash Flow Information	6 Months Ended
	Jun. 30, 2014
Supplemental Cash Flow Information	'
Supplemental Cash Flow Information	'
	14.  Supplemental Cash Flow Information
		Six months ended June 30,
		2014		2013
	Interest paid in cash	$	99	$	113
	Income taxes paid in cash:
	U.S.	$	—	$	1
	Non-U.S.	68		79
	Total income taxes paid in cash	$	68	$	80
	Cash interest for 2013 includes note repurchase premiums of $10 million related to the discharge of the Company’s 6.875% senior notes due 2017.

Discontinued_Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2014
Discontinued Operations	'
Discontinued Operations	'
	15.  Discontinued Operations
	The loss from discontinued operations of $21 million for the six months ended June 30, 2014 included a settlement of a dispute with the purchaser of a previously disposed business, as well as ongoing costs related to the Venezuela expropriation. The loss from discontinued operations of $13 million for the six months ended June 30, 2013 included special termination benefits related to a previously disposed business, as well as ongoing costs related to the Venezuela expropriation.

New_Accounting_Pronouncement

New Accounting Pronouncement	6 Months Ended
	Jun. 30, 2014
New Accounting Pronouncement	'
New Accounting Pronouncement	'
	16.  New Accounting Pronouncement
	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 is 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.

Financial_Information_for_Subs

Financial Information for Subsidiary Guarantors and Non-Guarantors	6 Months Ended
	Jun. 30, 2014
Financial Information for Subsidiary Guarantors and Non-Guarantors	'
Financial Information for Subsidiary Guarantors and Non-Guarantors	'
	17.  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.
		June 30, 2014
								Non-
					Guarantor			Guarantor
	Balance Sheet	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents	$	—		$	—		$	194		$	—		$	194
	Receivables							1,147						1,147
	Inventories							1,204						1,204
	Prepaid expenses							103						103
	Total current assets				—			2,648						2,648
	Investments in and advances to subsidiaries	2,456			2,206						(4,662		)	—
	Property, plant and equipment, net							2,661						2,661
	Goodwill							2,065						2,065
	Other assets							1,217						1,217
	Total assets	$	2,456		$	2,206		$	8,591		$	(4,662	)	$	8,591
	Current liabilities:
	Short-term loans and long-term debt due within one year	$	—		$	—		$	1,027		$	—		$	1,027
	Current portion of asbestos liability	150												150
	Accounts payable							1,123						1,123
	Other liabilities							538						538
	Total current liabilities	150			—			2,688			—			2,838
	Long-term debt	250						2,620			(250		)	2,620
	Asbestos-related liabilities	256												256
	Other long-term liabilities							955						955
	Share owners’ equity	1,800			2,206			2,328			(4,412		)	1,922
	Total liabilities and share owners’ equity	$	2,456		$	2,206		$	8,591		$	(4,662	)	$	8,591
		December 31, 2013
								Non-
					Guarantor			Guarantor
	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
	Asbestos-related liabilities	298												298
	Other long-term liabilities							1,019						1,019
	Share owners’ equity	1,456			1,904			2,051			(3,808		)	1,603
	Total liabilities and share owners’ equity	$	2,154		$	1,904		$	8,419		$	(4,058	)	$	8,419
		June 30, 2013
								Non-
					Guarantor			Guarantor
	Balance Sheet	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents	$	—		$	—		$	249		$	—		$	249
	Receivables							1,159						1,159
	Inventories							1,175						1,175
Prepaid expenses							110						110
Total current assets							2,693						2,693
Investments in and advances to subsidiaries	1,696			1,446						(3,142		)	—
Property, plant and equipment, net							2,600						2,600
Goodwill							2,031						2,031
Other assets							1,086						1,086
Total assets	$	1,696		$	1,446		$	8,410		$	(3,142	)	$	8,410
Current liabilities:
Short-term loans and long-term debt due within one year	$	—		$	—		$	437		$	—		$	437
Current portion of asbestos liability	155												155
Accounts payable							982						982
Other liabilities							545						545
Total current liabilities	155			—			1,964			—			2,119
Long-term debt	250						3,336			(250		)	3,336
Asbestos-related liabilities	257												257
Other long-term liabilities							1,504						1,504
Share owners’ equity	1,034			1,446			1,606			(2,892		)	1,194
Total liabilities and share owners’ equity	$	1,696		$	1,446		$	8,410		$	(3,142	)	$	8,410
	Three months ended June 30, 2014
							Non-
				Guarantor			Guarantor
Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	—		$	1,797		$	—		$	1,797
Cost of goods sold							(1,439		)				(1,439		)
Gross profit	—			—			358			—			358
Selling and administrative expense							(131		)				(131		)
Research, development and engineering expense							(17		)				(17		)
Net intercompany interest	5						(5		)				—
Interest expense, net	(5		)				(49		)				(54		)
Equity earnings from subsidiaries	114			114						(228		)	—
Other equity earnings							19						19
Other expense, net							4						4
Earnings before income taxes	114			114			179			(228		)	179
Provision for income taxes							(39		)				(39		)
Earnings from continuing operations	114			114			140			(228		)	140
Loss from discontinued operations							(20		)				(20		)
Net earnings	114			114			120			(228		)	120
Net earnings attributable to noncontrolling interests							(6		)				(6		)
Net earnings attributable to the Company	$	114		$	114		$	114		$	(228	)	$	114
	Three months ended June 30, 2014
							Non-
				Guarantor			Guarantor
Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net earnings	$	114		$	114		$	120		$	(228	)	$	120
Other comprehensive income, net	60			60			48			(106		)	62
Total comprehensive income	174			174			168			(334		)	182
Comprehensive income attributable to noncontrolling interests							(8		)				(8		)
Comprehensive income attributable to the Company	$	174		$	174		$	160		$	(334	)	$	174
	Three months ended June 30, 2013
							Non-
				Guarantor			Guarantor
Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	—		$	1,781		$	—		$	1,781
Cost of goods sold							(1,412		)				(1,412		)
Gross profit	—			—			369			—			369
Selling and administrative expense							(129		)				(129		)
Research, development and engineering expense							(15		)				(15		)
Net intercompany interest	5						(5		)				—
Interest expense, net	(5		)				(51		)				(56		)
Equity earnings from subsidiaries	132			132						(264		)	—
Other equity earnings							16						16
Other expense, net							(8		)				(8		)
Earnings before income taxes	132			132			177			(264		)	177
Provision for income taxes							(37		)				(37		)
Earnings from continuing operations	132			132			140			(264		)	140
Loss from discontinued operations							(3		)				(3		)
Net earnings	132			132			137			(264		)	137
Net earnings attributable to noncontrolling interests							(5		)				(5		)
Net earnings attributable to the Company	$	132		$	132		$	132		$	(264	)	$	132
	Three months ended June 30, 2013
							Non-
				Guarantor			Guarantor
Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net earnings	$	132		$	132		$	137		$	(264	)	$	137
Other comprehensive income, net	(74		)	(74		)	(100		)	172			(76		)
Total comprehensive income	58			58			37			(92		)	61
Comprehensive income attributable to noncontrolling interests							(3		)				(3		)
Comprehensive income attributable to the Company	$	58		$	58		$	34		$	(92	)	$	58
	Six months ended June 30, 2014
							Non-
				Guarantor			Guarantor
Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	—		$	3,436		$	—		$	3,436
Cost of goods sold							(2,757		)				(2,757		)
Gross profit	—			—			679			—			679
Selling and administrative expense							(264		)				(264		)
Research, development and engineering expense							(32		)				(32		)
Net intercompany interest	10						(10		)				—
Interest expense, net	(10		)				(98		)				(108		)
Equity earnings from subsidiaries	215			215						(430		)	—
Other equity earnings							35						35
Other expense, net							3						3
Earnings before income taxes	215			215			313			(430		)	313
Provision for income taxes							(66		)				(66		)
Earnings from continuing operations	215			215			247			(430		)	247
Loss from discontinued operations							(21		)				(21		)
Net earnings	215			215			226			(430		)	226
Net earnings attributable to noncontrolling interests							(11		)				(11		)
Net earnings attributable to the Company	$	215		$	215		$	215		$	(430	)	$	215
	Six months ended June 30, 2014
							Non-
				Guarantor			Guarantor
Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net earnings	$	215		$	215		$	226		$	(430	)	$	226
Other comprehensive income, net	119			119			85			(205		)	118
Total comprehensive income	334			334			311			(635		)	344
Comprehensive income attributable to noncontrolling interests							(10		)				(10		)
Comprehensive income attributable to the Company	$	334		$	334		$	301		$	(635	)	$	334
	Six months ended June 30, 2013
							Non-
				Guarantor			Guarantor
Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	—		$	3,422		$	—		$	3,422
Cost of goods sold							(2,734		)				(2,734		)
Gross profit	—			—			688			—			688
Selling and administrative expense							(258		)				(258		)
Research, development and engineering expense							(30		)				(30		)
Net intercompany interest	10						(10		)				—
Interest expense, net	(10		)				(114		)				(124		)
Equity earnings from subsidiaries	201			201						(402		)	—
Other equity earnings							33						33
Other expense, net							(15		)				(15		)
Earnings before income taxes	201			201			294			(402		)	294
Provision for income taxes							(70		)				(70		)
Earnings from continuing operations	201			201			224			(402		)	224
Loss from discontinued operations							(13		)				(13		)
Net earnings	201			201			211			(402		)	211
Net earnings attributable to noncontrolling interests							(10		)				(10		)
Net earnings attributable to the Company	$	201		$	201		$	201		$	(402	)	$	201
	Six months ended June 30, 2013
							Non-
				Guarantor			Guarantor
Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net earnings	$	201		$	201		$	211		$	(402	)	$	211
Other comprehensive income, net	(53		)	(53		)	(112		)	159			(59		)
Total comprehensive income	148			148			99			(243		)	152
Comprehensive income attributable to noncontrolling interests							(4		)				(4		)
Comprehensive income attributable to the Company	$	148		$	148		$	95		$	(243	)	$	148
	Six months ended June 30, 2014
							Non-
				Guarantor			Guarantor
Cash Flows	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Cash provided by (utilized in) operating activities	$	(42	)	$	—		$	9		$	—		$	(33	)
Cash utilized in investing activities							(178		)				(178		)
Cash provided by (utilized in) financing activities	42						(16		)				26
Effect of exchange rate change on cash							(4		)				(4		)
Net change in cash	—			—			(189		)	—			(189		)
Cash at beginning of period							383						383
Cash at end of period	$	—		$	—		$	194		$	—		$	194
	Six months ended June 30, 2013
							Non-
				Guarantor			Guarantor
Cash Flows	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Cash provided by (utilized in) operating activities	$	(49	)	$	—		$	66		$	—		$	17
Cash utilized in investing activities							(162		)				(162		)
Cash provided by (utilized in) financing activities	49						(78		)				(29		)
Effect of exchange rate change on cash							(8		)				(8		)
Net change in cash	—			—			(182		)	—			(182		)
Cash at beginning of period							431						431
Cash at end of period	$	—		$	—		$	249		$	—		$	249

Segment_Information_Tables

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2014
Segment Information	'
Net sales for the Company's reportable segments	'
		Three months ended June 30,						Six months ended June 30,
		2014			2013			2014			2013
	Net sales:
	Europe	$	790		$	746		$	1,496		$	1,396
	North America	541			527			1,026			996
	South America	274			269			513			538
	Asia Pacific	184			231			387			478
	Reportable segment totals	1,789			1,773			3,422			3,408
	Other	8			8			14			14
	Net sales	$	1,797		$	1,781		$	3,436		$	3,422
Segment operating profit for the Company's reportable segments	'
		Three months ended June 30,						Six months ended June 30,
		2014			2013			2014			2013
	Segment operating profit:
	Europe	$	109		$	111		$	196		$	170
	North America	83			93			148			167
	South America	53			37			94			90
	Asia Pacific	17			26			42			66
	Reportable segment totals	262			267			480			493
	Items excluded from segment operating profit:
	Retained corporate costs and other	(29		)	(34		)	(59		)	(65		)
	Restructuring, asset impairment and related charges										(10		)
	Interest expense, net	(54		)	(56		)	(108		)	(124		)
	Earnings from continuing operations before income taxes	$	179		$	177		$	313		$	294
Total assets for the Company's reportable segments	'
		June 30,			December 31,			June 30,
		2014			2013			2013
	Total assets:
	Europe	$	3,667		$	3,509		$	3,452
	North America	2,087			1,995			2,029
	South America	1,436			1,467			1,495
	Asia Pacific	1,127			1,150			1,178
	Reportable segment totals	8,317			8,121			8,154
	Other	274			298			256
	Consolidated totals	$	8,591		$	8,419		$	8,410

Receivables_Tables

Receivables (Tables)	6 Months Ended
	Jun. 30, 2014
Receivables	'
Schedule of receivables	'
		June 30,		December 31,		June 30,
		2014		2013		2013
	Trade accounts receivable	$	976	$	757	$	1,008
	Less: allowances for doubtful accounts and discounts	40		39		42
	Net trade receivables	936		718		966
	Other receivables	211		225		193
		$	1,147	$	943	$	1,159

Inventories_Tables

Inventories (Tables)	6 Months Ended
	Jun. 30, 2014
Inventories	'
Major classes of inventory	'
		June 30,		December 31,		June 30,
		2014		2013		2013
	Finished goods	$	1,032	$	958	$	1,006
	Raw materials	127		113		125
	Operating supplies	45		46		44
		$	1,204	$	1,117	$	1,175

Derivative_Instruments_Tables

Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2014
Derivative Instruments	'
Effect of commodity futures contracts designated as cash flow hedges on the results of operations	'
	The effect of the commodity futures contracts on the results of operations for the three months ended June 30, 2014 and 2013 is as follows:
							Amount of Gain
	Amount of Gain (Loss)						Reclassified from
	Recognized in OCI on						Accumulated OCI into Income
	Commodity Futures Contracts						(reported in Cost of goods sold)
	(Effective Portion)						(Effective Portion)
	2014			2013			2014			2013
	$	—		$	(3	)	$	1		$	1
	The effect of the commodity futures contracts on the results of operations for the six months ended June 30, 2014 and 2013 is as follows:
							Amount of Gain
	Amount of Gain						Reclassified from
	Recognized in OCI on						Accumulated OCI into Income
	Commodity Futures Contracts						(reported in Cost of goods sold)
	(Effective Portion)						(Effective Portion)
	2014			2013			2014			2013
	$	2		$	—		$	2		$	—
Effect of the forward exchange contracts not designated as hedging instruments on the results of operations	'
	The effect of the forward exchange contracts on the results of operations for the three months ended June 30, 2014 and 2013 is as follows:
			Amount of Gain (Loss)
	Location of Gain (Loss)		Recognized in Income on
	Recognized in Income on		Forward Exchange Contracts
	Forward Exchange Contracts		2014			2013
	Other expense, net		$	—		$	(9	)
	The effect of the forward exchange contracts on the results of operations for the six months ended June 30, 2014 and 2013 is as follows:
			Amount of Gain (Loss)
	Location of Gain (Loss)		Recognized in Income on
	Recognized in Income on		Forward Exchange Contracts
	Forward Exchange Contracts		2014			2013
	Other expense, net		$	(1	)	$	(12	)
Balance Sheet Classification of derivative instruments	'
			Balance		Fair Value
			Sheet		June 30,			December 31,			June 30,
			Location		2014			2013			2013
	Asset Derivatives:
	Derivatives designated as hedging instruments:
	Commodity futures contracts		a		$	1		$	1		$	—
	Derivatives not designated as hedging instruments:
	Forward exchange contracts		a		3			3			2
	Total asset derivatives				$	4		$	4		$	2
	Liability Derivatives:
	Derivatives designated as hedging instruments:
	Commodity futures contracts		c		$	—		$	—		$	1
	Derivatives not designated as hedging instruments:
	Forward exchange contracts		c		2			7			9
	Total liability derivatives				$	2		$	7		$	10

Restructuring_Accruals_Tables

Restructuring Accruals (Tables)	6 Months Ended
	Jun. 30, 2014
Restructuring Accruals	'
Selected information related to the restructuring accruals	'
	Selected information related to the restructuring accruals for the three months ended June 30, 2014 and 2013 is as follows:
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at April 1, 2014	$	27		$	12		$	46		$	85
	Net cash paid, principally severance and related benefits	(3		)	(9		)	(5		)	(17		)
	Other, including foreign exchange translation	(4		)				1			(3		)
	Balance at June 30, 2014	$	20		$	3		$	42		$	65
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at April 1, 2013	$	37		$	4		$	54		$	95
	Net cash paid, principally severance and related benefits	(7		)	(1		)	(5		)	(13		)
	Other, including foreign exchange translation	1									1
	Balance at June 30, 2013	$	31		$	3		$	49		$	83
	Selected information related to the restructuring accruals for the six months ended June 30, 2014 and 2013 is as follows:
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at January 1, 2014	$	30		$	20		$	64		$	114
	Net cash paid, principally severance and related benefits	(5		)	(13		)	(20		)	(38		)
	Other, including foreign exchange translation	(5		)	(4		)	(2		)	(11		)
	Balance at June 30, 2014	$	20		$	3		$	42		$	65
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at January 1, 2013	$	53		$	6		$	64		$	123
	Charges	7			2			1			10
	Write-down of assets to net realizable value	(2		)							(2		)
	Net cash paid, principally severance and related benefits	(27		)	(5		)	(15		)	(47		)
	Other, including foreign exchange translation							(1		)	(1		)
	Balance at June 30, 2013	$	31		$	3		$	49		$	83

Pensions_Benefit_Plans_and_Oth1

Pensions Benefit Plans and Other Postretirement Benefits (Tables) (Pension Benefit Plans)	6 Months Ended
	Jun. 30, 2014
Pension Benefit Plans	'
Defined Benefit Plans and Other Postretirement Benefit Plans	'
Components of net periodic pension cost (income) and net periodic postretirement (benefit) cost	'
	The components of the net periodic pension cost for the three months ended June 30, 2014 and 2013 are as follows:
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Service cost	$	5		$	7		$	7		$	8
	Interest cost	26			27			19			17
	Expected asset return	(44		)	(46		)	(24		)	(22		)
	Amortization:
	Prior Service cost							(1		)
	Actuarial loss	19			27			7			8
	Net periodic pension cost	$	6		$	15		$	8		$	11
	The components of the net periodic pension cost for the six months ended June 30, 2014 and 2013 are as follows:
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Service cost	$	12		$	14		$	14		$	16
	Interest cost	53			54			37			34
	Expected asset return	(87		)	(92		)	(46		)	(45		)
	Amortization:
	Prior Service cost							(1		)
	Actuarial loss	36			55			11			16
	Net periodic pension cost	$	14		$	31		$	15		$	21

Debt_Tables

Debt (Tables)	6 Months Ended
	Jun. 30, 2014
Debt	'
Long-term Debt	'
		June 30,			December 31,			June 30,
		2014			2013			2013
	Secured Credit Agreement:
	Revolving Credit Facility:
	Revolving Loans	$	65		$	—		$	—
	Term Loans:
	Term Loan A							23
	Term Loan B	405			405			525
	Term Loan C (81 million CAD at June 30, 2014)	76			76			97
	Term Loan D (€85 million at June 30, 2014)	116			117			161
	Senior Notes:
	3.00%, Exchangeable, due 2015	611			617			607
	7.375%, due 2016	595			593			592
	6.75%, due 2020 (€500 million)	682			690			653
	4.875%, due 2021 (€330 million)	450			455			431
	Senior Debentures:
	7.80%, due 2018	250			250			250
	Other	66			58			84
	Total long-term debt	3,316			3,261			3,423
	Less amounts due within one year	696			16			87
	Long-term debt	$	2,620		$	3,245		$	3,336
Information related to accounts receivable securitization program	'
		June 30,			December 31,			June 30,
		2014			2013			2013
	Balance (included in short-term loans)	$	294		$	276		$	290
	Weighted average interest rate	1.44		%	1.41		%	1.2		%
Fair values of the Company's significant fixed rate debt obligations	'
					Indicated
		Principal			Market		Fair
		Amount			Price		Value
	Senior Notes:
	3.00%, Exchangeable, due 2015	$	611		102.52		$	626
	7.375%, due 2016	595			110.63		658
	6.75%, due 2020 (€500 million)	682			117.99		805
	4.875%, due 2021 (€330 million)	450			107.68		485
	Senior Debentures:
	7.80%, due 2018	250			116.81		292

Share_Owners_Equity_Tables

Share Owners' Equity (Tables)	6 Months Ended
	Jun. 30, 2014
Share Owners' Equity	'
Activity in share owners' equity	'
	The activity in share owners’ equity for the three months ended June 30, 2014 and 2013 is as follows:
		Share Owners’ Equity of the Company
		Common			Capital in			Treasury			Retained			Accumulated			Non-			Total Share
		Stock			Excess of			Stock			Earnings			Other			controlling			Owners’
					Par Value									Comprehensive			Interests			Equity
														Loss
	Balance on April 1, 2014	$	2		$	3,052		$	(452	)	$	90		$	(1,062	)	$	130		$	1,760
	Issuance of common stock (57,815 shares)				1															1
	Reissuance of common stock (49,026 shares)							1												1
	Treasury shares purchased (364,436 shares)							(12		)										(12		)
	Stock compensation				6															6
	Net earnings										114						6			120
	Other comprehensive income (loss)													60			2			62
	Distributions to noncontrolling interests																(16		)	(16		)
	Balance on June 30, 2014	$	2		$	3,059		$	(463	)	$	204		$	(1,002	)	$	122		$	1,922
		Share Owners’ Equity of the Company
		Common			Capital in			Treasury			Retained			Accumulated			Non-			Total Share
		Stock			Excess of			Stock			Loss			Other			controlling			Owners’
					Par Value									Comprehensive			Interests			Equity
														Loss
	Balance on April 1, 2013	$	2		$	3,013		$	(424	)	$	(126	)	$	(1,485	)	$	175		$	1,155
	Issuance of common stock (114,861 shares)				3															3
	Reissuance of common stock (57,153 shares)							1												1
	Treasury shares purchased (348,289 shares)							(10		)										(10		)
	Repurchase of exchangeable notes				(1		)													(1		)
	Stock compensation				3															3
	Net earnings										132						5			137
	Other comprehensive income (loss)													(74		)	(2		)	(76		)
	Distributions to noncontrolling interests																(21		)	(21		)
	Contributions from noncontrolling interests																3			3
	Balance on June 30, 2013	$	2		$	3,018		$	(433	)	$	6		$	(1,559	)	$	160		$	1,194
	The activity in share owners’ equity for the six months ended June 30, 2014 and 2013 is as follows:
		Share Owners’ Equity of the Company
		Common			Capital in			Treasury			Retained			Accumulated			Non-			Total Share
		Stock			Excess of			Stock			Earnings			Other			controlling			Owners’
					Par Value						(Loss)			Comprehensive			Interests			Equity
														Loss
	Balance on January 1, 2014	$	2		$	3,040		$	(454	)	$	(11	)	$	(1,121	)	$	147		$	1,603
	Issuance of common stock (213,542 shares)				5															5
	Reissuance of common stock (97,067 shares)							3												3
	Treasury shares purchased (364,436 shares)							(12		)										(12		)
	Stock compensation				14															14
	Net earnings										215						11			226
	Other comprehensive income (loss)													119			(1		)	118
	Distributions to noncontrolling interests																(35		)	(35		)
	Balance on June 30, 2014	$	2		$	3,059		$	(463	)	$	204		$	(1,002	)	$	122		$	1,922
		Share Owners’ Equity of the Company
		Common			Capital in			Treasury			Retained			Accumulated			Non-			Total Share
		Stock			Excess of			Stock			Loss			Other			controlling			Owners’
					Par Value									Comprehensive			Interests			Equity
														Loss
	Balance on January 1, 2013	$	2		$	3,005		$	(425	)	$	(195	)	$	(1,506	)	$	174		$	1,055
	Issuance of common stock (430,565 shares)				7															7
	Reissuance of common stock (97,924 shares)							2												2
	Treasury shares purchased (348,289 shares)							(10		)										(10		)
	Repurchase of exchangeable notes				(1		)													(1		)
	Stock compensation				7															7
	Net earnings										201						10			211
	Other comprehensive income (loss)													(53		)	(6		)	(59		)
	Distributions to noncontrolling interests																(21		)	(21		)
	Contributions from noncontrolling interests																3			3
	Balance on June 30, 2013	$	2		$	3,018		$	(433	)	$	6		$	(1,559	)	$	160		$	1,194
Schedule of shares outstanding	'
		Shares Outstanding (in thousands)
		June 30,		December 31,		June 30,
		2014		2013		2013
	Shares of common stock issued (including treasury shares)	183,897		183,500		182,511
	Treasury shares	19,053		18,786		18,152

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2014
Accumulated Other Comprehensive Loss	'
Component of accumulated other comprehensive loss	'
	The activity in accumulated other comprehensive loss for the three months ended June 30, 2014 and 2013 is as follows:
		Net Effect of			Change in			Employee			Total
		Exchange			Certain			Benefit Plans			Accumulated
		Rate			Derivative						Other
		Fluctuations			Instruments						Comprehensive
											Loss
	Balance on April 1, 2014	$	264		$	(11	)	$	(1,315	)	$	(1,062	)
	Change before reclassifications	47									47
	Amounts reclassified from accumulated other comprehensive income				(1		)(a)	22		(b)	21
	Translation effect							(7		)	(7		)
	Tax effect							(1		)	(1		)
	Other comprehensive income attributable to the Company	47			(1		)	14			60
	Balance on June 30, 2014	$	311		$	(12	)	$	(1,301	)	$	(1,002	)
		Net Effect of			Change in			Employee			Total
		Exchange			Certain			Benefit Plans			Accumulated
		Rate			Derivative						Other
		Fluctuations			Instruments						Comprehensive
											Loss
	Balance on April 1, 2013	$	427		$	(10	)	$	(1,902	)	$	(1,485	)
	Change before reclassifications	(160		)	(3		)	55			(108		)
	Amounts reclassified from accumulated other comprehensive income				(1		)(a)	32		(b)	31
	Translation effect							5			5
	Tax effect							(2		)	(2		)
	Other comprehensive income attributable to the Company	(160		)	(4		)	90			(74		)
	Balance on June 30, 2013	$	267		$	(14	)	$	(1,812	)	$	(1,559	)
	The activity in accumulated other comprehensive loss for the six months ended June 30, 2014 and 2013 is as follows:
		Net Effect of			Change in			Employee			Total
		Exchange			Certain			Benefit Plans			Accumulated
		Rate			Derivative						Other
		Fluctuations			Instruments						Comprehensive
											Loss
	Balance on January 1, 2014	$	229		$	(12	)	$	(1,338	)	$	(1,121	)
	Change before reclassifications	82			2						84
	Amounts reclassified from accumulated other comprehensive income				(2		)(a)	45		(b)	43
	Translation effect							(6		)	(6		)
	Tax effect							(2		)	(2		)
	Other comprehensive income attributable to the Company	82			—			37			119
	Balance on June 30, 2014	$	311		$	(12	)	$	(1,301	)	$	(1,002	)
		Net Effect of			Change in			Employee			Total
		Exchange			Certain			Benefit Plans			Accumulated
		Rate			Derivative						Other
		Fluctuations			Instruments						Comprehensive
											Loss
	Balance on January 1, 2013	$	455		$	(14	)	$	(1,947	)	$	(1,506	)
	Change before reclassifications	(188		)				55			(133		)
	Amounts reclassified from accumulated other comprehensive income							69		(b)	69
	Translation effect							15			15
	Tax effect							(4		)	(4		)
	Other comprehensive income attributable to the Company	(188		)	—			135			(53		)
	Balance on June 30, 2013	$	267		$	(14	)	$	(1,812	)	$	(1,559	)
	(a)     Amount is included in Cost of goods sold on the Condensed Consolidated Results of Operations (see Note 4 for additional information).
	(b)     Amount is included in the computation of net periodic pension cost (see Note 6 for additional information) and net postretirement benefit cost.

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2014
Earnings Per Share	'
Computation of basic and diluted earnings per share	'
		Three months ended June 30,
		2014			2013
	Numerator:
	Net earnings attributable to the Company	$	114		$	132
	Denominator (in thousands):
	Denominator for basic earnings per share - weighted average shares outstanding	164,906			164,369
	Effect of dilutive securities:
	Stock options and other	1,353			1,362
	Denominator for diluted earnings per share - adjusted weighted average shares outstanding	166,258			165,731
	Basic earnings per share:
	Earnings from continuing operations	$	0.81		$	0.82
	Loss from discontinued operations	(0.12		)	(0.02		)
	Net earnings	$	0.69		$	0.8
	Diluted earnings per share:
	Earnings from continuing operations	$	0.8		$	0.81
	Loss from discontinued operations	(0.12		)	(0.02		)
	Net earnings	$	0.68		$	0.79
		Six months ended June 30,
		2014			2013
	Numerator:
	Net earnings attributable to the Company	$	215		$	201
	Denominator (in thousands):
	Denominator for basic earnings per share - weighted average shares outstanding	164,833			164,220
	Effect of dilutive securities:
	Stock options and other	1,379			1,397
	Denominator for diluted earnings per share - adjusted weighted average shares outstanding	166,212			165,617
	Basic earnings per share:
	Earnings from continuing operations	$	1.43		$	1.3
	Loss from discontinued operations	(0.13		)	(0.08		)
	Net earnings	$	1.3		$	1.22
	Diluted earnings per share:
	Earnings from continuing operations	$	1.42		$	1.29
	Loss from discontinued operations	(0.13		)	(0.08		)
	Net earnings	$	1.29		$	1.21

Supplemental_Cash_Flow_Informa1

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Jun. 30, 2014
Supplemental Cash Flow Information	'
Supplemental Cash Flow Information	'
		Six months ended June 30,
		2014		2013
	Interest paid in cash	$	99	$	113
	Income taxes paid in cash:
	U.S.	$	—	$	1
	Non-U.S.	68		79
	Total income taxes paid in cash	$	68	$	80

Financial_Information_for_Subs1

Financial Information for Subsidiary Guarantors and Non-Guarantors (Tables)	6 Months Ended
	Jun. 30, 2014
Financial Information for Subsidiary Guarantors and Non-Guarantors	'
Balance Sheet	'
		June 30, 2014
								Non-
					Guarantor			Guarantor
	Balance Sheet	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents	$	—		$	—		$	194		$	—		$	194
	Receivables							1,147						1,147
	Inventories							1,204						1,204
	Prepaid expenses							103						103
	Total current assets				—			2,648						2,648
	Investments in and advances to subsidiaries	2,456			2,206						(4,662		)	—
	Property, plant and equipment, net							2,661						2,661
	Goodwill							2,065						2,065
	Other assets							1,217						1,217
	Total assets	$	2,456		$	2,206		$	8,591		$	(4,662	)	$	8,591
	Current liabilities:
	Short-term loans and long-term debt due within one year	$	—		$	—		$	1,027		$	—		$	1,027
	Current portion of asbestos liability	150												150
	Accounts payable							1,123						1,123
	Other liabilities							538						538
	Total current liabilities	150			—			2,688			—			2,838
	Long-term debt	250						2,620			(250		)	2,620
	Asbestos-related liabilities	256												256
	Other long-term liabilities							955						955
	Share owners’ equity	1,800			2,206			2,328			(4,412		)	1,922
	Total liabilities and share owners’ equity	$	2,456		$	2,206		$	8,591		$	(4,662	)	$	8,591
		December 31, 2013
								Non-
					Guarantor			Guarantor
	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
	Asbestos-related liabilities	298												298
	Other long-term liabilities							1,019						1,019
	Share owners’ equity	1,456			1,904			2,051			(3,808		)	1,603
	Total liabilities and share owners’ equity	$	2,154		$	1,904		$	8,419		$	(4,058	)	$	8,419
		June 30, 2013
								Non-
					Guarantor			Guarantor
	Balance Sheet	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents	$	—		$	—		$	249		$	—		$	249
	Receivables							1,159						1,159
	Inventories							1,175						1,175
	Prepaid expenses							110						110
	Total current assets							2,693						2,693
	Investments in and advances to subsidiaries	1,696			1,446						(3,142		)	—
Property, plant and equipment, net							2,600						2,600
Goodwill							2,031						2,031
Other assets							1,086						1,086
Total assets	$	1,696		$	1,446		$	8,410		$	(3,142	)	$	8,410
Current liabilities:
Short-term loans and long-term debt due within one year	$	—		$	—		$	437		$	—		$	437
Current portion of asbestos liability	155												155
Accounts payable							982						982
Other liabilities							545						545
Total current liabilities	155			—			1,964			—			2,119
Long-term debt	250						3,336			(250		)	3,336
Asbestos-related liabilities	257												257
Other long-term liabilities							1,504						1,504
Share owners’ equity	1,034			1,446			1,606			(2,892		)	1,194
Total liabilities and share owners’ equity	$	1,696		$	1,446		$	8,410		$	(3,142	)	$	8,410
Results of Operations	'
		Three months ended June 30, 2014
								Non-
					Guarantor			Guarantor
	Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net sales	$	—		$	—		$	1,797		$	—		$	1,797
	Cost of goods sold							(1,439		)				(1,439		)
	Gross profit	—			—			358			—			358
	Selling and administrative expense							(131		)				(131		)
	Research, development and engineering expense							(17		)				(17		)
	Net intercompany interest	5						(5		)				—
	Interest expense, net	(5		)				(49		)				(54		)
	Equity earnings from subsidiaries	114			114						(228		)	—
	Other equity earnings							19						19
	Other expense, net							4						4
	Earnings before income taxes	114			114			179			(228		)	179
	Provision for income taxes							(39		)				(39		)
	Earnings from continuing operations	114			114			140			(228		)	140
	Loss from discontinued operations							(20		)				(20		)
	Net earnings	114			114			120			(228		)	120
	Net earnings attributable to noncontrolling interests							(6		)				(6		)
	Net earnings attributable to the Company	$	114		$	114		$	114		$	(228	)	$	114
		Three months ended June 30, 2013
								Non-
					Guarantor			Guarantor
	Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net sales	$	—		$	—		$	1,781		$	—		$	1,781
	Cost of goods sold							(1,412		)				(1,412		)
	Gross profit	—			—			369			—			369
	Selling and administrative expense							(129		)				(129		)
	Research, development and engineering expense							(15		)				(15		)
	Net intercompany interest	5						(5		)				—
	Interest expense, net	(5		)				(51		)				(56		)
	Equity earnings from subsidiaries	132			132						(264		)	—
	Other equity earnings							16						16
	Other expense, net							(8		)				(8		)
	Earnings before income taxes	132			132			177			(264		)	177
	Provision for income taxes							(37		)				(37		)
	Earnings from continuing operations	132			132			140			(264		)	140
	Loss from discontinued operations							(3		)				(3		)
	Net earnings	132			132			137			(264		)	137
	Net earnings attributable to noncontrolling interests							(5		)				(5		)
	Net earnings attributable to the Company	$	132		$	132		$	132		$	(264	)	$	132
		Six months ended June 30, 2014
								Non-
					Guarantor			Guarantor
	Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net sales	$	—		$	—		$	3,436		$	—		$	3,436
	Cost of goods sold							(2,757		)				(2,757		)
	Gross profit	—			—			679			—			679
	Selling and administrative expense							(264		)				(264		)
	Research, development and engineering expense							(32		)				(32		)
	Net intercompany interest	10						(10		)				—
	Interest expense, net	(10		)				(98		)				(108		)
	Equity earnings from subsidiaries	215			215						(430		)	—
	Other equity earnings							35						35
	Other expense, net							3						3
	Earnings before income taxes	215			215			313			(430		)	313
	Provision for income taxes							(66		)				(66		)
	Earnings from continuing operations	215			215			247			(430		)	247
	Loss from discontinued operations							(21		)				(21		)
	Net earnings	215			215			226			(430		)	226
	Net earnings attributable to noncontrolling interests							(11		)				(11		)
	Net earnings attributable to the Company	$	215		$	215		$	215		$	(430	)	$	215
	Six months ended June 30, 2013
							Non-
				Guarantor			Guarantor
Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	—		$	3,422		$	—		$	3,422
Cost of goods sold							(2,734		)				(2,734		)
Gross profit	—			—			688			—			688
Selling and administrative expense							(258		)				(258		)
Research, development and engineering expense							(30		)				(30		)
Net intercompany interest	10						(10		)				—
Interest expense, net	(10		)				(114		)				(124		)
Equity earnings from subsidiaries	201			201						(402		)	—
Other equity earnings							33						33
Other expense, net							(15		)				(15		)
Earnings before income taxes	201			201			294			(402		)	294
Provision for income taxes							(70		)				(70		)
Earnings from continuing operations	201			201			224			(402		)	224
Loss from discontinued operations							(13		)				(13		)
Net earnings	201			201			211			(402		)	211
Net earnings attributable to noncontrolling interests							(10		)				(10		)
Net earnings attributable to the Company	$	201		$	201		$	201		$	(402	)	$	201
Comprehensive Income	'
		Three months ended June 30, 2014
								Non-
					Guarantor			Guarantor
	Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net earnings	$	114		$	114		$	120		$	(228	)	$	120
	Other comprehensive income, net	60			60			48			(106		)	62
	Total comprehensive income	174			174			168			(334		)	182
	Comprehensive income attributable to noncontrolling interests							(8		)				(8		)
	Comprehensive income attributable to the Company	$	174		$	174		$	160		$	(334	)	$	174
		Three months ended June 30, 2013
								Non-
					Guarantor			Guarantor
	Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net earnings	$	132		$	132		$	137		$	(264	)	$	137
	Other comprehensive income, net	(74		)	(74		)	(100		)	172			(76		)
	Total comprehensive income	58			58			37			(92		)	61
	Comprehensive income attributable to noncontrolling interests							(3		)				(3		)
	Comprehensive income attributable to the Company	$	58		$	58		$	34		$	(92	)	$	58
		Six months ended June 30, 2014
								Non-
					Guarantor			Guarantor
	Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net earnings	$	215		$	215		$	226		$	(430	)	$	226
	Other comprehensive income, net	119			119			85			(205		)	118
	Total comprehensive income	334			334			311			(635		)	344
	Comprehensive income attributable to noncontrolling interests							(10		)				(10		)
	Comprehensive income attributable to the Company	$	334		$	334		$	301		$	(635	)	$	334
		Six months ended June 30, 2013
								Non-
					Guarantor			Guarantor
	Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net earnings	$	201		$	201		$	211		$	(402	)	$	211
	Other comprehensive income, net	(53		)	(53		)	(112		)	159			(59		)
	Total comprehensive income	148			148			99			(243		)	152
	Comprehensive income attributable to noncontrolling interests							(4		)				(4		)
	Comprehensive income attributable to the Company	$	148		$	148		$	95		$	(243	)	$	148
Cash Flows	'
		Six months ended June 30, 2014
								Non-
					Guarantor			Guarantor
	Cash Flows	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Cash provided by (utilized in) operating activities	$	(42	)	$	—		$	9		$	—		$	(33	)
	Cash utilized in investing activities							(178		)				(178		)
	Cash provided by (utilized in) financing activities	42						(16		)				26
	Effect of exchange rate change on cash							(4		)				(4		)
	Net change in cash	—			—			(189		)	—			(189		)
	Cash at beginning of period							383						383
	Cash at end of period	$	—		$	—		$	194		$	—		$	194
		Six months ended June 30, 2013
								Non-
					Guarantor			Guarantor
	Cash Flows	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Cash provided by (utilized in) operating activities	$	(49	)	$	—		$	66		$	—		$	17
	Cash utilized in investing activities							(162		)				(162		)
	Cash provided by (utilized in) financing activities	49						(78		)				(29		)
	Effect of exchange rate change on cash							(8		)				(8		)
	Net change in cash	—			—			(182		)	—			(182		)
	Cash at beginning of period							431						431
	Cash at end of period	$	—		$	—		$	249		$	—		$	249

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
			item
Segment Reporting Information	'	'	'	'
Number of reportable segments	'	'	4	'
Net sales:	'	'	'	'
Net sales	$1,797	$1,781	$3,436	$3,422
Items excluded from Segment Operating Profit:	'	'	'	'
Retained corporate costs and other	-29	-34	-59	-65
Restructuring, asset impairment and related charges	'	'	'	-10
Interest expense, net	-54	-56	-108	-124
Earnings from continuing operations before income taxes	179	177	313	294
Reportable Segment Totals	'	'	'	'
Net sales:	'	'	'	'
Net sales	1,789	1,773	3,422	3,408
Segment Operating Profit:	'	'	'	'
Segment Operating Profit	262	267	480	493
Europe	'	'	'	'
Net sales:	'	'	'	'
Net sales	790	746	1,496	1,396
Segment Operating Profit:	'	'	'	'
Segment Operating Profit	109	111	196	170
North America	'	'	'	'
Net sales:	'	'	'	'
Net sales	541	527	1,026	996
Segment Operating Profit:	'	'	'	'
Segment Operating Profit	83	93	148	167
South America	'	'	'	'
Net sales:	'	'	'	'
Net sales	274	269	513	538
Segment Operating Profit:	'	'	'	'
Segment Operating Profit	53	37	94	90
Asia Pacific	'	'	'	'
Net sales:	'	'	'	'
Net sales	184	231	387	478
Segment Operating Profit:	'	'	'	'
Segment Operating Profit	17	26	42	66
Other	'	'	'	'
Net sales:	'	'	'	'
Net sales	$8	$8	$14	$14

Segment_Information_Details_2

Segment Information (Details 2) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013
In Millions, unless otherwise specified
Assets	'	'	'
Total assets:	$8,591	$8,419	$8,410
Reportable Segment Totals	'	'	'
Assets	'	'	'
Total assets:	8,317	8,121	8,154
Europe	'	'	'
Assets	'	'	'
Total assets:	3,667	3,509	3,452
North America	'	'	'
Assets	'	'	'
Total assets:	2,087	1,995	2,029
South America	'	'	'
Assets	'	'	'
Total assets:	1,436	1,467	1,495
Asia Pacific	'	'	'
Assets	'	'	'
Total assets:	1,127	1,150	1,178
Other	'	'	'
Assets	'	'	'
Total assets:	$274	$298	$256

Receivables_Details

Receivables (Details) (USD $)	6 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Receivables	'	'	'
Trade accounts receivable	$976	$1,008	$757
Less: allowances for doubtful accounts and discounts	40	42	39
Net trade receivables	936	966	718
Other receivables	211	193	225
Total	1,147	1,159	943
Amount of receivables sold	$190	$90	$192

Inventories_Details

Inventories (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013
In Millions, unless otherwise specified
Inventories	'	'	'
Finished goods	$1,032	$958	$1,006
Raw materials	127	113	125
Operating supplies	45	46	44
Inventories	$1,204	$1,117	$1,175

Derivative_Instruments_Details

Derivative Instruments (Details) (USD $)	3 Months Ended		6 Months Ended	3 Months Ended	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
	Commodity futures contracts	Commodity futures contracts	Commodity futures contracts	Forward exchange contracts	Forward exchange contracts	Forward exchange contracts
	Cash Flow Hedges	Cash Flow Hedges	Cash Flow Hedges	Derivatives not designated as hedging instruments	Derivatives not designated as hedging instruments	Derivatives not designated as hedging instruments
	MMBTU	MMBTU	MMBTU
Derivatives and Hedges	'	'	'	'	'	'
Coverage of commodity futures contracts (in MM BTUs)	2,900,000	7,400,000	2,900,000	'	'	'
Unrecognized gain (loss) included in Accumulated OCI	$1	($1)	$1	'	'	'
Period during which unrecognized gain included in Accumulated OCI will be reclassified into earnings	'	'	'12 months	'	'	'
Amount of Gain (Loss) recognized in OCI on Commodity Futures Contracts (Effective Portion)	'	-3	2	'	'	'
Commodity futures contracts gain reclassified from accumulated OCI into income	1	1	2	'	'	'
Forward exchange contracts in various currencies	'	'	'	740	510	740
Forward exchange contracts gain (loss) recognized in income	'	'	'	($9)	($1)	($12)

Derivative_Instruments_Details1

Derivative Instruments (Details 2) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013
In Millions, unless otherwise specified
Derivatives, Fair Value	'	'	'
Total asset derivatives	$4	$4	$2
Total liability derivatives	2	7	10
Derivatives designated as hedging instruments | Commodity futures contracts | Receivables	'	'	'
Derivatives, Fair Value	'	'	'
Total asset derivatives	1	1	'
Derivatives designated as hedging instruments | Commodity futures contracts | Other liabilities (current)	'	'	'
Derivatives, Fair Value	'	'	'
Total liability derivatives	'	'	1
Derivatives not designated as hedging instruments | Forward exchange contracts | Other liabilities (current)	'	'	'
Derivatives, Fair Value	'	'	'
Total liability derivatives	2	7	9
Derivatives not designated as hedging instruments | Foreign exchange contracts | Receivables	'	'	'
Derivatives, Fair Value	'	'	'
Total asset derivatives	$3	$3	$2

Restructuring_Accruals_Details

Restructuring Accruals (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Restructuring accrual	'	'	'	'
Restructuring reserve balance at beginning of period	$85	$95	$114	$123
Charges	'	'	'	10
Write-down of assets to net realizable value	'	'	'	-2
Net cash paid, principally severance and related benefits	-17	-13	-38	-47
Other, including foreign exchange translation	-3	1	-11	-1
Restructuring reserve balance at end of period	65	83	65	83
European Asset Optimization	'	'	'	'
Restructuring accrual	'	'	'	'
Restructuring reserve balance at beginning of period	27	37	30	53
Charges	'	'	'	7
Write-down of assets to net realizable value	'	'	'	-2
Net cash paid, principally severance and related benefits	-3	-7	-5	-27
Other, including foreign exchange translation	-4	1	-5	'
Restructuring reserve balance at end of period	20	31	20	31
Asia Pacific Restructuring	'	'	'	'
Restructuring accrual	'	'	'	'
Restructuring reserve balance at beginning of period	12	4	20	6
Charges	'	'	'	2
Net cash paid, principally severance and related benefits	-9	-1	-13	-5
Other, including foreign exchange translation	'	'	-4	'
Restructuring reserve balance at end of period	3	3	3	3
Other Restructuring Actions	'	'	'	'
Restructuring accrual	'	'	'	'
Restructuring reserve balance at beginning of period	46	54	64	64
Charges	'	'	'	1
Net cash paid, principally severance and related benefits	-5	-5	-20	-15
Other, including foreign exchange translation	1	'	-2	-1
Restructuring reserve balance at end of period	$42	$49	$42	$49

Pensions_Benefit_Plans_and_Oth2

Pensions Benefit Plans and Other Postretirement Benefits (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
U.S Pension Plans	'	'	'	'
Components of the net pension expense and postretirement benefit cost	'	'	'	'
Service cost	$5	$7	$12	$14
Interest cost	26	27	53	54
Expected asset return	-44	-46	-87	-92
Amortization:	'	'	'	'
Actuarial loss	19	27	36	55
Net periodic pension and postretirement benefit cost	6	15	14	31
Special termination benefits	'	'	'	8
Non-U.S. Pension Plans	'	'	'	'
Components of the net pension expense and postretirement benefit cost	'	'	'	'
Service cost	7	8	14	16
Interest cost	19	17	37	34
Expected asset return	-24	-22	-46	-45
Amortization:	'	'	'	'
Prior service cost	-1	'	-1	'
Actuarial loss	7	8	11	16
Net periodic pension and postretirement benefit cost	8	11	15	21
U.S Postretirement Benefit Plans	'	'	'	'
Amortization:	'	'	'	'
Curtailment gain	'	-5	'	'
Reduction in the postretirement benefit obligation as a result of curtailment in post retirement benefit plans	'	$55	'	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
A reconciliation of the provision (benefit) for income taxes	'	'
Statutory U.S. Federal tax rate (as a percent)	35.00%	'
U.S. operations	'	'
Income taxes	'	'
Period of cumulative income position of the operations	'3 years	'
Valuation allowance	'	$837

Debt_Details

Debt (Details)

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Mar. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Mar. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Mar. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Mar. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

In Millions, except Per Share data, unless otherwise specified

USD ($)

USD ($)

USD ($)

Secured Credit Agreement

Revolving Loans

Term Loan A

Term Loan B

Term Loan B

Term Loan B

Term Loan C (81 million CAD at June 30, 2014)

Term Loan C (81 million CAD at June 30, 2014)

Term Loan C (81 million CAD at June 30, 2014)

Term Loan C (81 million CAD at June 30, 2014)

Term Loan D (EUR85 million at June 30, 2014)

Term Loan D (EUR85 million at June 30, 2014)

Term Loan D (EUR85 million at June 30, 2014)

Term Loan D (EUR85 million at June 30, 2014)

Senior Notes 3.00%, Exchangeable, due 2015

Senior Notes 3.00%, Exchangeable, due 2015

Senior Notes 3.00%, Exchangeable, due 2015

Senior Notes 7.375%, due 2016

Senior Notes 7.375%, due 2016

Senior Notes 7.375%, due 2016

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Senior Debentures 7.80%, due 2018

Senior Debentures 7.80%, due 2018

Senior Debentures 7.80%, due 2018

Other debt

Other debt

Other debt

Accounts Receivable Securitization Program

Accounts Receivable Securitization Program

Accounts Receivable Securitization Program

European Accounts Receivable Securitization Program

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

CAD

USD ($)

USD ($)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

EUR (€)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

USD ($)

EUR (€)

USD ($)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

EUR (€)

Debt Instrument

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total long-term debt

$3,316

$3,261

$3,423

'

$65

$23

$405

$405

$525

$76

81

$76

$97

$116

€ 85

$117

$161

$611

$607

$617

$595

$593

$592

'

'

'

'

$682

€ 500

$690

$653

'

$450

€ 330

$455

$431

'

$250

$250

$250

$66

$58

$84

'

'

'

'

Less amounts due within one year

696

16

87

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term debt

2,620

3,245

3,336

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate, stated percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3.00%

'

'

7.38%

'

'

'

6.88%

6.88%

'

6.75%

6.75%

'

'

'

4.88%

4.88%

'

'

'

7.80%

'

'

'

'

'

'

'

'

'

Maximum Borrowing Capacity

'

'

'

'

900

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

215

Unused Credit

'

'

'

727

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted Average Interest Rate (as a percent)

'

'

'

2.03%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Repurchase of exchangeable notes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

15

46

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

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

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3

'

'

'

'

11

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Face Value

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

330

'

'

'

'

'

'

'

'

'

'

Net proceeds, after deducting debt issuance costs

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

418

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt discharge

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

300

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

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

1,027

322

437

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

294

276

290

'

Weighted Average Interest Rate, Short-term Debt (as a percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.44%

1.41%

1.20%

'

Principal Amount

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

611

'

'

595

'

'

'

'

'

'

682

'

'

'

'

450

'

'

'

'

250

'

'

'

'

'

'

'

'

'

Indicated Market Price (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$102.52

'

'

$110.63

'

'

'

'

'

'

$117.99

'

'

'

'

$107.68

'

'

'

'

$116.81

'

'

'

'

'

'

'

'

'

Fair Value

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$626

'

'

$658

'

'

'

'

'

'

$805

'

'

'

'

$485

'

'

'

'

$292

'

'

'

'

'

'

'

'

'

Contingencies_Details

Contingencies (Details) (USD $)	3 Months Ended	6 Months Ended						3 Months Ended
	Dec. 31, 2013	Jun. 30, 2014	Dec. 31, 1993	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014
		item		Damages unspecified or sufficient to invoke jurisdictional minimum	Damages of $15 million or less	Damages greater than $15 million but less than $100 million	Damages equal to or greater than $100 million	Non-income tax assessment
							OI Inc.
Percentage of asbestos plaintiffs	'	'	'	'	'	'	'	'
Sale of goods containing asbestos from 1948 to 1958	'	$40,000,000	'	'	'	'	'	'
Approximate plaintiffs and claimants (in number of litigants)	'	2,500	'	'	'	'	'	'
Percentage of asbestos plaintiffs, approximate percentage	'	'	'	80.00%	16.00%	3.00%	'	'
Percentage of asbestos plaintiffs, fewer than percentage	'	'	'	'	'	'	1.00%	'
Approximate number of claims disposed of to date	'	394,000	'	'	'	'	'	'
Average indemnity payment per claim	'	8,700	'	'	'	'	'	'
Deferred amounts payable	12,000,000	24,000,000	'	'	'	'	'	'
Asbestos-related liability, total amount accrued beginning in 1993 through 2013 before insurance recoveries	4,300,000,000	'	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	145,000,000	'	'	'	'	'	'	'
Estimated amount of income-tax assessment including penalties and interest	'	'	'	'	'	'	'	90,000,000
Period over which deposit amount of tax assessment will be remitted in monthly installments	'	'	'	'	'	'	'	'12 months
Charge created due to unfavorable ruling	'	'	'	'	'	'	'	60,000,000
Non-income tax refund	'	'	'	'	'	'	'	30,000,000
Installment payments made	'	'	'	'	'	'	'	$70,000,000

Share_Owners_Equity_Details

Share Owners' Equity (Details) (USD $)

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

In Millions, except Share data, unless otherwise specified

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2012

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Maximum

Maximum

Maximum

Maximum

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Capital in Excess of Par Value

Capital in Excess of Par Value

Capital in Excess of Par Value

Capital in Excess of Par Value

Treasury Stock

Treasury Stock

Treasury Stock

Treasury Stock

Retained Earnings (Loss)

Retained Earnings (Loss)

Retained Earnings (Loss)

Retained Earnings (Loss)

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Non-controlling Interests

Non-controlling Interests

Non-controlling Interests

Non-controlling Interests

Increase (Decrease) in Share Owners' Equity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Balance

$1,760

$1,155

$1,603

$1,055

'

'

'

'

'

$2

$2

$2

$2

$2

$2

$3,052

$3,013

$3,040

$3,005

($452)

($424)

($454)

($425)

$90

($126)

($11)

($195)

($1,062)

($1,485)

($1,121)

($1,506)

$130

$175

$147

$174

Issuance of common stock

1

3

5

7

'

'

'

'

'

'

'

'

'

'

'

1

3

5

7

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Reissuance of common stock

1

1

3

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1

1

3

2

'

'

'

'

'

'

'

'

'

'

'

'

Treasury shares purchased

-12

-10

-12

-10

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-12

-10

-12

-10

'

'

'

'

'

'

'

'

'

'

'

'

Repurchase of exchangeable notes

'

-1

'

-1

'

'

'

'

'

'

'

'

'

'

'

'

-1

'

-1

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock compensation

6

3

14

7

'

'

'

'

'

'

'

'

'

'

'

6

3

14

7

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Comprehensive income:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net earnings

120

137

226

211

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

114

132

215

201

'

'

'

'

6

5

11

10

Other comprehensive income (loss)

62

-76

118

-59

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

60

-74

119

-53

2

-2

-1

-6

Distributions to noncontrolling interests

-16

-21

-35

-21

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-16

-21

-35

-21

Contribution from noncontrolling interests

'

3

'

3

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3

'

3

Balance

1,922

1,194

1,922

1,194

'

'

'

'

'

2

2

2

2

2

2

3,059

3,018

3,059

3,018

-463

-433

-463

-433

204

6

204

6

-1,002

-1,559

-1,002

-1,559

122

160

122

160

Issuance of common stock (in shares)

57,815

114,861

213,542

430,565

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Reissuance of common stock (in shares)

49,026

57,153

97,067

97,924

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Treasury shares purchased, shares

364,436

348,289

364,436

348,289

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Purchase of common stock

'

'

'

'

'

$100

$75

$100

$75

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, shares authorized

250,000,000

'

250,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, par value (in dollars per share)

$0.01

'

$0.01

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares outstanding

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares of common stock issued (including treasury shares)

183,897,000

182,511,000

183,897,000

182,511,000

183,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Treasury shares

19,053,000

18,152,000

19,053,000

18,152,000

18,786,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Loss (Details) (USD $)	3 Months Ended		6 Months Ended		3 Months Ended		6 Months Ended		3 Months Ended		6 Months Ended		3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Dec. 31, 2012	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
	Net Effect of Exchange Rate Fluctuations	Net Effect of Exchange Rate Fluctuations	Net Effect of Exchange Rate Fluctuations	Net Effect of Exchange Rate Fluctuations	Change in Certain Derivative Instruments	Change in Certain Derivative Instruments	Change in Certain Derivative Instruments	Change in Certain Derivative Instruments	Employee Benefit Plans	Employee Benefit Plans	Employee Benefit Plans	Employee Benefit Plans	Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss
Increase (Decrease) Accumulated Other Comprehensive Loss, Net of Tax	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'	'
Balance at beginning of the period	$264	$427	$229	$455	($11)	($10)	($12)	($14)	($1,315)	($1,902)	($1,338)	($1,947)	($1,062)	($1,485)	($1,121)	($1,506)
Change before reclassifications	47	-160	82	-188	'	-3	2	'	'	55	'	55	47	-108	84	-133
Amounts reclassified from accumulated other comprehensive income	'	'	'	'	-1	-1	-2	'	22	32	45	69	21	31	43	69
Translation effect	'	'	'	'	'	'	'	'	-7	5	-6	15	-7	5	-6	15
Tax effect	'	'	'	'	'	'	'	'	-1	-2	-2	-4	-1	-2	-2	-4
Other comprehensive income attributable to the Company	47	-160	82	-188	-1	-4	'	'	14	90	37	135	60	-74	119	-53
Balance at end of the period	$311	$267	$311	$267	($12)	($14)	($12)	($14)	($1,301)	($1,812)	($1,301)	($1,812)	($1,002)	($1,559)	($1,002)	($1,559)

Other_Expense_Details

Other Expense (Details) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2013
Other Expense	'
Restructuring, asset impairment and related charges	$10

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Numerator:	'	'	'	'
Net earnings attributable to the Company	$114	$132	$215	$201
Denominator (in thousands):	'	'	'	'
Denominator for basic earnings per share - weighted average shares outstanding (in shares)	164,906,000	164,369,000	164,833,000	164,220,000
Effect of dilutive securities:	'	'	'	'
Stock options and other (in shares)	1,353,000	1,362,000	1,379,000	1,397,000
Denominator for diluted earnings per share - adjusted weighted average shares outstanding (in shares)	166,258,000	165,731,000	166,212,000	165,617,000
Basic earnings per share:	'	'	'	'
Earnings from continuing operations (in dollars per share)	$0.81	$0.82	$1.43	$1.30
Loss from discontinued operations (in dollars per share)	($0.12)	($0.02)	($0.13)	($0.08)
Net earnings	$0.69	$0.80	$1.30	$1.22
Diluted earnings per share:	'	'	'	'
Earnings from continuing operations (in dollars per share)	$0.80	$0.81	$1.42	$1.29
Loss from discontinued operations (in dollars per share)	($0.12)	($0.02)	($0.13)	($0.08)
Net earnings	$0.68	$0.79	$1.29	$1.21
Weighted average shares of common stock attributable to options not included in diluted earnings per share (in shares)	613,869	1,519,897	491,941	1,580,200
Exchange price of 2015 exchangeable notes (in dollars per share)	$47.47	$47.47	$47.47	$47.47

Supplemental_Cash_Flow_Informa2

Supplemental Cash Flow Information (Details) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Supplemental Cash Flow Information	'	'
Interest paid in cash	$99	$113
Income taxes paid in cash:	'	'
U.S. income taxes paid in cash	'	1
Non-U.S. Income taxes paid in cash	68	79
Total income taxes paid in cash	68	80
Senior Notes 6.875%, due 2017 (300 million EUR)	'	'
Debt Instrument	'	'
Interest paid note repurchase premiums	'	$10
Interest rate, stated percentage	6.88%	6.88%

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Subsidiaries	'	'	'	'
Loss from discontinued operations	$20	$3	$21	$13

Financial_Information_for_Subs2

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013
	item
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	$194	$383	$249
Receivables	1,147	943	1,159
Inventories	1,204	1,117	1,175
Prepaid expenses	103	107	110
Total current assets	2,648	2,550	2,693
Property, plant and equipment, net	2,661	2,632	2,600
Goodwill	2,065	2,059	2,031
Other assets	1,217	1,178	1,086
Total assets	8,591	8,419	8,410
Current liabilities:	'	'	'
Short-term loans and long-term debt due within one year	1,027	322	437
Current portion of asbestos liability	150	150	155
Accounts payable	1,123	1,144	982
Other liabilities	538	638	545
Total current liabilities	2,838	2,254	2,119
Long-term debt	2,620	3,245	3,336
Asbestos-related liabilities	256	298	257
Other long-term liabilities	955	1,019	1,504
Share owners' equity	1,922	1,603	1,194
Total liabilities and share owners' equity	8,591	8,419	8,410
Parent	'	'	'
Current assets:	'	'	'
Investments in and advances to subsidiaries	2,456	2,154	1,696
Total assets	2,456	2,154	1,696
Current liabilities:	'	'	'
Current portion of asbestos liability	150	150	155
Total current liabilities	150	150	155
Long-term debt	250	250	250
Asbestos-related liabilities	256	298	257
Share owners' equity	1,800	1,456	1,034
Total liabilities and share owners' equity	2,456	2,154	1,696
Guarantor Subsidiaries	'	'	'
Current assets:	'	'	'
Investments in and advances to subsidiaries	2,206	1,904	1,446
Total assets	2,206	1,904	1,446
Current liabilities:	'	'	'
Share owners' equity	2,206	1,904	1,446
Total liabilities and share owners' equity	2,206	1,904	1,446
Non-Guarantor Subsidiaries	'	'	'
Current assets:	'	'	'
Cash and cash equivalents	194	383	249
Receivables	1,147	943	1,159
Inventories	1,204	1,117	1,175
Prepaid expenses	103	107	110
Total current assets	2,648	2,550	2,693
Property, plant and equipment, net	2,661	2,632	2,600
Goodwill	2,065	2,059	2,031
Other assets	1,217	1,178	1,086
Total assets	8,591	8,419	8,410
Current liabilities:	'	'	'
Short-term loans and long-term debt due within one year	1,027	322	437
Accounts payable	1,123	1,144	982
Other liabilities	538	638	545
Total current liabilities	2,688	2,104	1,964
Long-term debt	2,620	3,245	3,336
Other long-term liabilities	955	1,019	1,504
Share owners' equity	2,328	2,051	1,606
Total liabilities and share owners' equity	8,591	8,419	8,410
Eliminations	'	'	'
Current assets:	'	'	'
Investments in and advances to subsidiaries	-4,662	-4,058	-3,142
Total assets	-4,662	-4,058	-3,142
Current liabilities:	'	'	'
Long-term debt	-250	-250	-250
Share owners' equity	-4,412	-3,808	-2,892
Total liabilities and share owners' equity	($4,662)	($4,058)	($3,142)

Financial_Information_for_Subs3

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details 2) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Results of Operations	'	'	'	'
Net sales	$1,797	$1,781	$3,436	$3,422
Cost of goods sold	-1,439	-1,412	-2,757	-2,734
Gross profit	358	369	679	688
Selling and administrative expense	-131	-129	-264	-258
Research, development and engineering expense	-17	-15	-32	-30
Interest expense, net	-54	-56	-108	-124
Other equity earnings	19	16	35	33
Other expense, net	4	-8	3	-15
Earnings from continuing operations before income taxes	179	177	313	294
Provision for income taxes	-39	-37	-66	-70
Earnings from continuing operations	140	140	247	224
Loss from discontinued operations	-20	-3	-21	-13
Net earnings	120	137	226	211
Net earnings attributable to noncontrolling interests	-6	-5	-11	-10
Net earnings attributable to the Company	114	132	215	201
Comprehensive Income	'	'	'	'
Net earnings	120	137	226	211
Other comprehensive income, net	62	-76	118	-59
Total comprehensive income	182	61	344	152
Comprehensive income attributable to noncontrolling interests	-8	-3	-10	-4
Comprehensive income attributable to the Company	174	58	334	148
Cash Flows	'	'	'	'
Cash provided by (utilized in) operating activities	'	'	-33	17
Cash utilized in investing activities	'	'	-178	-162
Cash provided by (utilized in) financing activities	'	'	26	-29
Effect of exchange rate change on cash	'	'	-4	-8
Decrease in cash	'	'	-189	-182
Cash at beginning of period	'	'	383	431
Cash at end of period	194	249	194	249
Parent	'	'	'	'
Results of Operations	'	'	'	'
Net intercompany interest	5	5	10	10
Interest expense, net	-5	-5	-10	-10
Equity earnings from subsidiaries	114	132	215	201
Earnings from continuing operations before income taxes	114	132	215	201
Earnings from continuing operations	114	132	215	201
Net earnings	114	132	215	201
Net earnings attributable to the Company	114	132	215	201
Comprehensive Income	'	'	'	'
Net earnings	114	132	215	201
Other comprehensive income, net	60	-74	119	-53
Total comprehensive income	174	58	334	148
Comprehensive income attributable to the Company	174	58	334	148
Cash Flows	'	'	'	'
Cash provided by (utilized in) operating activities	'	'	-42	-49
Cash provided by (utilized in) financing activities	'	'	42	49
Guarantor Subsidiaries	'	'	'	'
Results of Operations	'	'	'	'
Equity earnings from subsidiaries	114	132	215	201
Earnings from continuing operations before income taxes	114	132	215	201
Earnings from continuing operations	114	132	215	201
Net earnings	114	132	215	201
Net earnings attributable to the Company	114	132	215	201
Comprehensive Income	'	'	'	'
Net earnings	114	132	215	201
Other comprehensive income, net	60	-74	119	-53
Total comprehensive income	174	58	334	148
Comprehensive income attributable to the Company	174	58	334	148
Non-Guarantor Subsidiaries	'	'	'	'
Results of Operations	'	'	'	'
Net sales	1,797	1,781	3,436	3,422
Cost of goods sold	-1,439	-1,412	-2,757	-2,734
Gross profit	358	369	679	688
Selling and administrative expense	-131	-129	-264	-258
Research, development and engineering expense	-17	-15	-32	-30
Net intercompany interest	-5	-5	-10	-10
Interest expense, net	-49	-51	-98	-114
Other equity earnings	19	16	35	33
Other expense, net	4	-8	3	-15
Earnings from continuing operations before income taxes	179	177	313	294
Provision for income taxes	-39	-37	-66	-70
Earnings from continuing operations	140	140	247	224
Loss from discontinued operations	-20	-3	-21	-13
Net earnings	120	137	226	211
Net earnings attributable to noncontrolling interests	-6	-5	-11	-10
Net earnings attributable to the Company	114	132	215	201
Comprehensive Income	'	'	'	'
Net earnings	120	137	226	211
Other comprehensive income, net	48	-100	85	-112
Total comprehensive income	168	37	311	99
Comprehensive income attributable to noncontrolling interests	-8	-3	-10	-4
Comprehensive income attributable to the Company	160	34	301	95
Cash Flows	'	'	'	'
Cash provided by (utilized in) operating activities	'	'	9	66
Cash utilized in investing activities	'	'	-178	-162
Cash provided by (utilized in) financing activities	'	'	-16	-78
Effect of exchange rate change on cash	'	'	-4	-8
Decrease in cash	'	'	-189	-182
Cash at beginning of period	'	'	383	431
Cash at end of period	194	249	194	249
Eliminations	'	'	'	'
Results of Operations	'	'	'	'
Equity earnings from subsidiaries	-228	-264	-430	-402
Earnings from continuing operations before income taxes	-228	-264	-430	-402
Earnings from continuing operations	-228	-264	-430	-402
Net earnings	-228	-264	-430	-402
Net earnings attributable to the Company	-228	-264	-430	-402
Comprehensive Income	'	'	'	'
Net earnings	-228	-264	-430	-402
Other comprehensive income, net	-106	172	-205	159
Total comprehensive income	-334	-92	-635	-243
Comprehensive income attributable to the Company	($334)	($92)	($635)	($243)