O-I Glass (OI) 10-Q 29 Oct 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 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-Sep-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	164,909,767
Document Fiscal Year Focus	'2014
Document Fiscal Period Focus	'Q3

CONDENSED_CONSOLIDATED_RESULTS

CONDENSED CONSOLIDATED RESULTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data in Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
CONDENSED CONSOLIDATED RESULTS OF OPERATIONS	'	'	'	'
Net sales	$1,745	$1,784	$5,181	$5,206
Cost of goods sold	-1,408	-1,432	-4,165	-4,166
Gross profit	337	352	1,016	1,040
Selling and administrative expense	-118	-119	-382	-377
Research, development and engineering expense	-15	-15	-47	-45
Interest expense, net	-53	-54	-161	-178
Equity earnings	13	16	48	49
Other expense, net	-73	-2	-70	-17
Earnings from continuing operations before income taxes	91	178	404	472
Provision for income taxes	-23	-40	-89	-110
Earnings from continuing operations	68	138	315	362
Loss from discontinued operations	-1	-2	-22	-15
Net earnings	67	136	293	347
Net earnings attributable to noncontrolling interests	-7	-6	-18	-16
Net earnings attributable to the Company	60	130	275	331
Amounts attributable to the Company:	'	'	'	'
Earnings from continuing operations	61	132	297	346
Loss from discontinued operations	-1	-2	-22	-15
Net earnings	$60	$130	$275	$331
Basic earnings per share:	'	'	'	'
Earnings from continuing operations	$0.37	$0.80	$1.80	$2.10
Loss from discontinued operations	'	($0.01)	($0.13)	($0.09)
Net earnings	$0.37	$0.79	$1.67	$2.01
Weighted average shares outstanding	164,798	164,546	164,821	164,330
Diluted earnings per share:	'	'	'	'
Earnings from continuing operations	$0.37	$0.79	$1.79	$2.08
Loss from discontinued operations	'	($0.01)	($0.13)	($0.09)
Net earnings	$0.37	$0.78	$1.66	$1.99
Weighted average diluted shares outstanding	166,138	165,981	166,187	165,739

CONDENSED_CONSOLIDATED_COMPREH

CONDENSED CONSOLIDATED COMPREHENSIVE INCOME (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
CONDENSED CONSOLIDATED COMPREHENSIVE INCOME	'	'	'	'
Net earnings	$67	$136	$293	$347
Other comprehensive income (loss):	'	'	'	'
Foreign currency translation adjustments	-216	21	-134	-167
Pension and other postretirement benefit adjustments, net of tax	50	18	87	153
Change in fair value of derivative instruments	1	'	1	'
Other comprehensive income (loss) attributable to the Company	-165	39	-46	-14
Other comprehensive income attributable to noncontrolling interests	-3	'	-4	-6
Total comprehensive income (loss)	-101	175	243	327
Net earnings attributable to noncontrolling interests	7	6	18	16
Comprehensive income (loss) attributable to the Company	($105)	$169	$229	$317

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Current assets:	'	'	'	'	'	'
Cash and cash equivalents	$264	'	$383	$219	'	'
Receivables	1,042	'	943	1,172	'	'
Inventories	1,112	'	1,117	1,178	'	'
Prepaid expenses	105	'	107	103	'	'
Total current assets	2,523	'	2,550	2,672	'	'
Property, plant and equipment, net	2,499	'	2,632	2,657	'	'
Goodwill	1,960	'	2,059	2,059	'	'
Other assets	1,176	'	1,178	1,084	'	'
Total assets	8,158	'	8,419	8,472	'	'
Current liabilities:	'	'	'	'	'	'
Short-term loans and long-term debt due within one year	1,067	'	322	366	'	'
Current portion of asbestos-related liabilities	150	'	150	155	'	'
Accounts payable	1,027	'	1,144	989	'	'
Other liabilities	544	'	638	577	'	'
Total current liabilities	2,788	'	2,254	2,087	'	'
Long-term debt	2,434	'	3,245	3,298	'	'
Asbestos-related liabilities	226	'	298	198	'	'
Other long-term liabilities	887	'	1,019	1,512	'	'
Share owners' equity	1,823	1,922	1,603	1,377	1,194	1,055
Total liabilities and share owners' equity	$8,158	'	$8,419	$8,472	'	'

CONDENSED_CONSOLIDATED_CASH_FL

CONDENSED CONSOLIDATED CASH FLOWS (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:	'	'
Net earnings	$293	$347
Loss from discontinued operations	22	15
Non-cash charges	'	'
Depreciation and amortization	342	321
Pension expense	38	77
Restructuring, asset impairment and related charges	79	10
Cash Payments	'	'
Pension contributions	-25	-23
Asbestos-related payments	-72	-108
Cash paid for restructuring activities	-45	-54
Change in components of working capital	-312	-309
Other, net (a)	-111	-27
Cash provided by continuing operating activities	209	249
Cash utilized in discontinued operating activities	-22	-7
Total cash provided by operating activities	187	242
Cash flows from investing activities:	'	'
Additions to property, plant and equipment	-290	-239
Other, net	23	-10
Cash utilized in investing activities	-267	-249
Cash flows from financing activities:	'	'
Changes in borrowings, net	17	-159
Issuance of common stock	5	22
Treasury shares purchased	-12	-20
Distributions paid to noncontrolling interests	-37	-21
Other, net	-2	-20
Cash utilized in financing activities	-29	-198
Effect of exchange rate fluctuations on cash	-10	-7
Decrease in cash	-119	-212
Cash at beginning of period	383	431
Cash at end of period	$264	$219

Segment_Information

Segment Information	9 Months Ended
	Sep. 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 certain equity investments.  Retained corporate costs and other also includes certain headquarters administrative and facilities costs and certain incentive compensation and other benefit plan costs that are global in nature and are not allocable to the reportable segments.
	The Company’s measure of profit for its reportable segments is segment operating profit, which consists of consolidated earnings from continuing operations before interest income, interest expense, and provision for income taxes and excludes amounts related to certain items that management considers not representative of ongoing operations as well as certain retained corporate costs.  The Company’s management uses segment operating profit, in combination with 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 nine months ended September 30, 2014 and 2013 regarding the Company’s reportable segments is as follows:
		Three months ended						Nine months ended
		September 30,						September 30,
		2014			2013			2014			2013
	Net sales:
	Europe	$	709		$	733		$	2,205		$	2,129
	North America	517			529			1,543			1,525
	South America	313			282			826			820
	Asia Pacific	197			236			584			714
	Reportable segment totals	1,736			1,780			5,158			5,188
	Other	9			4			23			18
	Net sales	$	1,745		$	1,784		$	5,181		$	5,206
		Three months ended						Nine months ended
		September 30,						September 30,
		2014			2013			2014			2013
	Segment operating profit:
	Europe	$	104		$	97		$	300		$	267
	North America	66			87			214			254
	South America	61			42			155			132
	Asia Pacific	17			33			59			99
	Reportable segment totals	248			259			728			752
	Items excluded from segment operating profit:
	Retained corporate costs and other	(20		)	(27		)	(79		)	(92		)
	Restructuring, asset impairment and related charges	(84		)				(84		)	(10		)
	Interest expense, net	(53		)	(54		)	(161		)	(178		)
	Earnings from continuing operations before income taxes	$	91		$	178		$	404		$	472
	Financial information regarding the Company’s total assets is as follows:
		September 30,			December 31,			September 30,
		2014			2013			2013
	Total assets:
	Europe	$	3,415		$	3,509		$	3,515
	North America	2,030			1,995			2,007
	South America	1,358			1,467			1,499
	Asia Pacific	1,042			1,150			1,228
	Reportable segment totals	7,845			8,121			8,249
	Other	313			298			223
	Consolidated totals	$	8,158		$	8,419		$	8,472

Receivables

Receivables	9 Months Ended
	Sep. 30, 2014
Receivables	'
Receivables	'
	2.  Receivables
	Receivables consist of the following:
		September 30,		December 31,		September 30,
		2014		2013		2013
	Trade accounts receivable	$	887	$	757	$	995
	Less: allowances for doubtful accounts and discounts	37		39		42
	Net trade receivables	850		718		953
	Other receivables	192		225		219
		$	1,042	$	943	$	1,172
	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 $209 million, $192 million, and $125 million at September 30, 2014, December 31, 2013, and September 30, 2013, respectively.  The Company has no continuing involvement with the sold receivables.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2014
Inventories	'
Inventories	'
	3.  Inventories
	Major classes of inventory are as follows:
		September 30,		December 31,		September 30,
		2014		2013		2013
	Finished goods	$	954	$	958	$	1,011
	Raw materials	116		113		120
	Operating supplies	42		46		47
		$	1,112	$	1,117	$	1,178

Derivative_Instruments

Derivative Instruments	9 Months Ended
	Sep. 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 fluctuation in the future market price paid for natural gas and the related volatility in cash flows.  At September 30, 2014 and 2013, the Company had entered into commodity futures contracts covering approximately 1,800,000 MM BTUs and 6,600,000 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 at September 30, 2014 and recognizes them on the balance sheet at fair value.  The effective portion of changes in the fair value of a derivative that is designated as, and meets the required criteria for, a cash flow hedge is recorded in the Accumulated Other Comprehensive Income component of share owners’ equity (“OCI”) and reclassified into earnings in the same period or periods during which the underlying hedged item affects earnings.  An immaterial unrecognized loss and an unrecognized loss of $1 million at September 30, 2014 and 2013 related to the commodity futures contracts was included in Accumulated OCI.  The immaterial unrecognized loss at September 30, 2014 will be reclassified into earnings over the next fifteen 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 nine months ended September 30, 2014 and 2013 was not material.
	The effect of the commodity futures contracts on the results of operations for the three months ended September 30, 2014 and 2013 is as follows:
							Amount of Gain (Loss)
	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
	$	1		$	—		$	—		$	—
	The effect of the commodity futures contracts on the results of operations for the nine months ended September 30, 2014 and 2013 is as follows:
							Amount of Gain (Loss)
	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		$	—		$	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 September 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 $520 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 September 30, 2014 and 2013 is as follows:
			Amount of Gain (Loss)
	Location of Loss		Recognized in Income on
	Recognized in Income on		Forward Exchange Contracts
	Forward Exchange Contracts		2014			2013
	Other expense		$	1		$	(7	)
	The effect of the forward exchange contracts on the results of operations for the nine months ended September 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		$	—		$	(19	)
	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		September 30,			December 31,			September 30,
			Location		2014			2013			2013
	Asset Derivatives:
	Derivatives designated as hedging instruments:
	Commodity futures contracts		a		$	—		$	1		$	—
	Derivatives not designated as hedging instruments:
	Forward exchange contracts		a			10			3			4
	Total asset derivatives				$	10		$	4		$	4
	Liability Derivatives:
	Derivatives designated as hedging instruments:
	Commodity futures contracts		c		$	—		$	—		$	1
	Derivatives not designated as hedging instruments:
	Forward exchange contracts		c		6			7			12
	Total liability derivatives				$	6		$	7		$	13

Restructuring_Accruals

Restructuring Accruals	9 Months Ended
	Sep. 30, 2014
Restructuring Accruals	'
Restructuring Accruals	'
	5.  Restructuring Accruals
	Selected information related to the restructuring accruals for the three months ended September 30, 2014 and 2013 is as follows:
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at July 1, 2014	$	20		$	3		$	42		$	65
	Charges	1			73			5			79
	Write-down of assets to net realizable value				(46		)				(46		)
	Net cash paid, principally severance and related benefits	(3		)	(2		)	(2		)	(7		)
	Pension charges transferred to other accounts				(7		)				(7		)
	Other, including foreign exchange translation	(2		)	(6		)	(1		)	(9		)
	Balance at September 30, 2014	$	16		$	15		$	44		$	75
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at July 1, 2013	$	31		$	3		$	49		$	83
	Net cash paid, principally severance and related benefits	(5		)				(2		)	(7		)
	Other, including foreign exchange translation	1			(1		)	(4		)	(4		)
	Balance at September 30, 2013	$	27		$	2		$	43		$	72
	Selected information related to the restructuring accruals for the nine months ended September 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
	Charges	1			73			5			79
	Write-down of assets to net realizable value				(46		)				(46		)
	Net cash paid, principally severance and related benefits	(8		)	(15		)	(22		)	(45		)
	Pension charges transferred to other accounts				(7		)				(7		)
	Other, including foreign exchange translation	(7		)	(10		)	(3		)	(20		)
	Balance at September 30, 2014	$	16		$	15		$	44		$	75
		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	(32		)	(5		)	(17		)	(54		)
	Other, including foreign exchange translation	1			(1		)	(5		)	(5		)
	Balance at September 30, 2013	$	27		$	2		$	43		$	72
	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 three and nine months ended September 30, 2014, the Company recorded charges of $1 million of employee costs related to the European Asset Optimization program.
	During the nine months ended September 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.
	Asia Pacific Restructuring
	During the three and nine months ended September 30, 2014, the Company recorded charges of $73 million.  These charges primarily represented employee costs, write-down of assets, and pension charges that the Company was required to record for the furnace closure announced during the third quarter of 2014.

Pension_Benefit_Plans_and_Othe

Pension Benefit Plans and Other Postretirement Benefits	9 Months Ended
	Sep. 30, 2014
Pension Benefit Plans and Other Postretirement Benefits	'
Pension Benefit Plans and Other Postretirement Benefits	'
	6.  Pension Benefit Plans and Other Postretirement Benefits
	The components of the net periodic pension cost for the three months ended September 30, 2014 and 2013 are as follows:
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Service cost	$	5		$	6		$	6		$	9
	Interest cost	27			26			16			17
	Expected asset return	(45		)	(45		)	(23		)	(23		)
	Amortization:
	Prior Service cost							(1		)
	Actuarial loss	19			28			5			7
	Net periodic pension cost	$	6		$	15		$	3		$	10
	The components of the net periodic pension cost for the nine months ended September 30, 2014 and 2013 are as follows:
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Service cost	$	17		$	20		$	20		$	25
	Interest cost	80			80			53			51
	Expected asset return	(132		)	(137		)	(69		)	(68		)
	Amortization:
	Prior Service cost							(2		)
	Actuarial loss	55			83			16			23
	Net periodic pension cost	$	20		$	46		$	18		$	31
	The U.S. pension expense for the nine months ended September 30, 2013 excludes $8 million of special termination benefits that were recorded in discontinued operations.
	During the nine months ended September 30, 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.
	On October 1, 2014, the Company settled the liability associated with its pension plan in the Netherlands. The settlement is expected to result in a non-cash charge of approximately $35 million ($25 million after tax) in the fourth quarter of 2014.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 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	9 Months Ended
	Sep. 30, 2014
Debt	'
Debt	'
	8.  Debt
	The following table summarizes the long-term debt of the Company:
		September 30,			December 31,			September 30,
		2014			2013			2013
	Secured Credit Agreement:
	Revolving Credit Facility:
	Revolving Loans	$	60		$	—		$	—
	Term Loans:
	Term Loan B	405			405			450
	Term Loan C (81 million CAD at September 30, 2014)	73			76			79
	Term Loan D (€85 million at September 30, 2014)	108			117			133
	Senior Notes:
	3.00%, Exchangeable, due 2015	616			617			612
	7.375%, due 2016	595			593			592
	6.75%, due 2020 (€500 million)	635			690			675
	4.875%, due 2021 (€330 million)	419			455			446
	Senior Debentures:
	7.80%, due 2018	250			250			250
	Other	80			58			79
	Total long-term debt	3,241			3,261			3,316
	Less amounts due within one year	807			16			18
	Long-term debt	$	2,434		$	3,245		$	3,298
	On May 19, 2011, the Company’s subsidiary borrowers entered into the Secured Credit Agreement (the “Agreement”).  At September 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 September 30, 2014, the Company’s subsidiary borrowers had unused credit of $736 million available under the Agreement.
	The weighted average interest rate on borrowings outstanding under the Agreement at September 30, 2014 was 2.02%.
	The Company repurchased $15 million and $46 million of the 2015 Exchangeable Notes during the nine months ended September 30, 2014 and 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 nine months ended September 30, 2013.  As of September 30, 2014 the remaining $616 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:
		September 30,			December 31,			September 30,
		2014			2013			2013
	Balance (included in short-term loans)	$	242		$	276		$	287
	Weighted average interest rate	0.57		%	1.41		%	1.23		%
	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 September 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	$	629		$	101		$	635
	7.375%, due 2016	600			107.5			645
	6.75%, due 2020 (€500 million)	635			117.05			743
	4.875%, due 2021 (€330 million)	419			107.62			451
	Senior Debentures:
	7.80%, due 2018	250			113.25			283

Contingencies

Contingencies	9 Months Ended
	Sep. 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 September 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 September 30, 2014, has disposed of the asbestos claims of approximately 394,000 plaintiffs and claimants at an average indemnity payment per claim of approximately $8,800.  Certain of these dispositions have included deferred amounts payable over a number of years.  Deferred amounts payable totaled approximately $19 million at September 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 relevant court rulings, which were ruled in the Company’s favor.  The Company was notified that a higher court will hear this case during the fourth quarter of 2014.  A decision from the higher court is not expected until, at the earliest, the first quarter of 2015.  That decision could be favorable to the Company, unfavorable to the Company, referred to another court or remanded to the previous court.  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 the 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, of which the final monthly installments will be remitted over the next nine 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 $70 million and a net refund of approximately $20 million.  As of September 30, 2014, the Company has made installment payments totaling $77 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	9 Months Ended
	Sep. 30, 2014
Share Owners' Equity	'
Share Owners' Equity	'
	10.  Share Owners’ Equity
	The activity in share owners’ equity for the three months ended September 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 July 1, 2014	$	2		$	3,059		$	(463	)	$	204		$	(1,002	)	$	122		$	1,922
	Issuance of common stock (13,253 shares)																			—
	Reissuance of common stock (52,167 shares)							1												1
	Stock compensation				3															3
	Net earnings										60						7			67
	Other comprehensive loss													(165		)	(3		)	(168		)
	Contributions from noncontrolling interests																(2		)	(2		)
	Balance on September 30, 2014	$	2		$	3,062		$	(462	)	$	264		$	(1,167	)	$	124		$	1,823
		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 July 1, 2013	$	2		$	3,018		$	(433	)	$	6		$	(1,559	)	$	160		$	1,194
	Issuance of common stock (855,261 shares)				15															15
	Reissuance of common stock (61,187 shares)							1												1
	Treasury shares purchased (335,245 shares)							(10		)										(10		)
	Stock compensation				1															1
	Net earnings										130						6			136
	Other comprehensive income													39						39
	Distributions to noncontrolling interests																1			1
	Balance on September 30, 2013	$	2		$	3,034		$	(442	)	$	136		$	(1,520	)	$	167		$	1,377
	During the three months ended September 30, 2013, the Company purchased 335,245 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 activity in share owners’ equity for the nine months ended September 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 (226,795 shares)				5															5
	Reissuance of common stock (149,234 shares)							4												4
	Treasury shares purchased (364,436 shares)							(12		)										(12		)
	Stock compensation				17															17
	Net earnings										275						18			293
	Other comprehensive loss													(46		)	(4		)	(50		)
	Distributions to noncontrolling interests																(37		)	(37		)
	Balance on September 30, 2014	$	2		$	3,062		$	(462	)	$	264		$	(1,167	)	$	124		$	1,823
		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, 2013	$	2		$	3,005		$	(425	)	$	(195	)	$	(1,506	)	$	174		$	1,055
	Issuance of common stock (1,285,826 shares)				22															22
	Reissuance of common stock (159,111 shares)							3												3
	Treasury shares purchased (683,534 shares)							(20		)										(20		)
	Repurchase of exchangeable notes				(1		)													(1		)
	Stock compensation				8															8
	Net earnings										331						16			347
	Other comprehensive loss													(14		)	(6		)	(20		)
	Distributions to noncontrolling interests																(21		)	(21		)
	Contributions from noncontrolling interests																4			4
	Balance on September 30, 2013	$	2		$	3,034		$	(442	)	$	136		$	(1,520	)	$	167		$	1,377
	During the nine months ended September 30, 2014, the Company purchased 364,436 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 nine months ended September 30, 2013, the Company purchased 683,534 shares of its common stock for $20 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)
	September 30,		December 31,		September 30,
	2014		2013		2013
Shares of common stock issued (including treasury shares)	183,911		183,500		183,371
Treasury shares	19,001		18,786		18,426

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Loss	9 Months Ended
	Sep. 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 September 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 July 1, 2014	$	311		$	(12	)	$	(1,301	)	$	(1,002	)
	Change before reclassifications	(216		)	1						(215		)
	Amounts reclassified from accumulated other comprehensive income							19		(b)	19
	Translation effect							22			22
	Tax effect							9			9
	Other comprehensive income attributable to the Company	(216		)	1			50			(165		)
	Balance on September 30, 2014	$	95		$	(11	)	$	(1,251	)	$	(1,167	)
		Net Effect of			Change in			Employee			Total
		Exchange			Certain			Benefit Plans			Accumulated
		Rate			Derivative						Other
		Fluctuations			Instruments						Comprehensive
											Loss
	Balance on July 1, 2013	$	267		$	(14	)	$	(1,812	)	$	(1,559	)
	Change before reclassifications	21									21
	Amounts reclassified from accumulated other comprehensive income							34		(b)	34
	Translation effect							(14		)	(14		)
	Tax effect							(2		)	(2		)
	Other comprehensive income attributable to the Company	21			—			18			39
	Balance on September 30, 2013	$	288		$	(14	)	$	(1,794	)	$	(1,520	)
	The activity in accumulated other comprehensive loss for the nine months ended September 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	(134		)	3						(131		)
	Amounts reclassified from accumulated other comprehensive income				(2		)(a)	64		(b)	62
	Translation effect							16			16
	Tax effect							7			7
	Other comprehensive income attributable to the Company	(134		)	1			87			(46		)
	Balance on September 30, 2014	$	95		$	(11	)	$	(1,251	)	$	(1,167	)
		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	(167		)				55			(112		)
	Amounts reclassified from accumulated other comprehensive income							103		(b)	103
	Translation effect							1			1
	Tax effect							(6		)	(6		)
	Other comprehensive income attributable to the Company	(167		)	—			153			(14		)
	Balance on September 30, 2013	$	288		$	(14	)	$	(1,794	)	$	(1,520	)
	(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	9 Months Ended
	Sep. 30, 2014
Other Expense	'
Other Expense	'
	12. Other Expense
	During the three and nine months ended September 30, 2014, the Company recorded charges of $79 million for restructuring, asset impairment and related charges of which $71 million was recorded to other expense. These charges were primarily related to the Company’s Asia Pacific Restructuring.  See Note 5 for additional information.
	During the nine months ended September 30, 2013, the Company recorded charges of $10 million to other expense 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	9 Months Ended
	Sep. 30, 2014
Earnings Per Share	'
Earnings Per Share	'
	13. Earnings Per Share
	The following tables set forth the computation of basic and diluted earnings per share:
		Three months ended September 30,
		2014			2013
	Numerator:
	Net earnings attributable to the Company	$	60		$	130
	Denominator (in thousands):
	Denominator for basic earnings per share - weighted average shares outstanding	164,798			164,546
	Effect of dilutive securities:
	Stock options and other	1,340			1,435
	Denominator for diluted earnings per share - adjusted weighted average shares outstanding	166,138			165,981
	Basic earnings per share:
	Earnings from continuing operations	$	0.37		$	0.8
	Loss from discontinued operations	—			(0.01		)
	Net earnings	$	0.37		$	0.79
	Diluted earnings per share:
	Earnings from continuing operations	$	0.37		$	0.79
	Loss from discontinued operations	—			(0.01		)
	Net earnings	$	0.37		$	0.78
	Options to purchase 997,554 and 1,355,622 weighted average shares of common stock which were outstanding during the three months ended September 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.
		Nine months ended September 30,
		2014			2013
	Numerator:
	Net earnings attributable to the Company	$	275		$	331
	Denominator (in thousands):
	Denominator for basic earnings per share - weighted average shares outstanding	164,821			164,330
	Effect of dilutive securities:
	Stock options and other	1,366			1,409
	Denominator for diluted earnings per share - adjusted weighted average shares outstanding	166,187			165,739
	Basic earnings per share:
	Earnings from continuing operations	$	1.8		$	2.1
	Loss from discontinued operations	(0.13		)	(0.09		)
	Net earnings	$	1.67		$	2.01
	Diluted earnings per share:
	Earnings from continuing operations	$	1.79		$	2.08
	Loss from discontinued operations	(0.13		)	(0.09		)
	Net earnings	$	1.66		$	1.99
	Options to purchase 660,479 and 1,505,341 weighted average shares of common stock which were outstanding during the nine months ended September 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 nine months ended September 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	9 Months Ended
	Sep. 30, 2014
Supplemental Cash Flow Information	'
Supplemental Cash Flow Information	'
	14.  Supplemental Cash Flow Information
		Nine months ended September 30,
		2014		2013
	Interest paid in cash	$	165	$	180
	Income taxes paid in cash:
	U.S.	$	—	$	1
	Non-U.S.	91		96
	Total income taxes paid in cash	$	91	$	97
	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	9 Months Ended
	Sep. 30, 2014
Discontinued Operations	'
Discontinued Operations	'
	15.  Discontinued Operations
	The loss from discontinued operations of $22 million for the nine months ended September 30, 2014 included a settlement of a dispute with a purchaser of a previously disposed business, as well as ongoing costs related to the Venezuela expropriation.  The loss from discontinued operations of $15 million for the nine months ended September 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	9 Months Ended
	Sep. 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	9 Months Ended
	Sep. 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.
		September 30, 2014
								Non-
					Guarantor			Guarantor
	Balance Sheet	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents	$	—		$	—		$	264		$	—		$	264
	Receivables							1,042						1,042
	Inventories							1,112						1,112
	Prepaid expenses							105						105
	Total current assets	—			—			2,523			—			2,523
	Investments in and advances to subsidiaries	2,325			2,075						(4,400		)	—
	Property, plant and equipment, net							2,499						2,499
	Goodwill							1,960						1,960
	Other assets							1,176						1,176
	Total assets	$	2,325		$	2,075		$	8,158		$	(4,400	)	$	8,158
	Current liabilities:
	Short-term loans and long-term debt due within one year	$	—		$	—		$	1,067		$	—		$	1,067
	Current portion of asbestos liability	150												150
	Accounts payable							1,027						1,027
	Other liabilities							544						544
	Total current liabilities	150			—			2,638			—			2,788
	Long-term debt	250						2,434			(250		)	2,434
	Asbestos-related liabilities	226												226
	Other long-term liabilities							887						887
	Share owners’ equity	1,699			2,075			2,199			(4,150		)	1,823
	Total liabilities and share owners’ equity	$	2,325		$	2,075		$	8,158		$	(4,400	)	$	8,158
		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
		September 30, 2013
								Non-
					Guarantor			Guarantor
	Balance Sheet	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents	$	—		$	—		$	219		$	—		$	219
	Receivables							1,172						1,172
	Inventories							1,178						1,178
Prepaid expenses							103						103
Total current assets	—			—			2,672			—			2,672
Investments in and advances to subsidiaries	1,813			1,563						(3,376		)	—
Property, plant and equipment, net							2,657						2,657
Goodwill							2,059						2,059
Other assets							1,084						1,084
Total assets	$	1,813		$	1,563		$	8,472		$	(3,376	)	$	8,472
Current liabilities:
Short-term loans and long-term debt due within one year	$	—		$	—		$	366		$	—		$	366
Current portion of asbestos liability	155												155
Accounts payable							989						989
Other liabilities							577						577
Total current liabilities	155			—			1,932			—			2,087
Long-term debt	250						3,298			(250		)	3,298
Asbestos-related liabilities	198												198
Other long-term liabilities							1,512						1,512
Share owners’ equity	1,210			1,563			1,730			(3,126		)	1,377
Total liabilities and share owners’ equity	$	1,813		$	1,563		$	8,472		$	(3,376	)	$	8,472
	Three months ended September 30, 2014
							Non-
				Guarantor			Guarantor
Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	—		$	1,745		$	—		$	1,745
Cost of goods sold							(1,408		)				(1,408		)
Gross profit	—			—			337			—			337
Selling and administrative expense							(118		)				(118		)
Research, development and engineering expense							(15		)				(15		)
Net intercompany interest	5						(5		)				—
Interest expense, net	(5		)				(48		)				(53		)
Equity earnings from subsidiaries	60			60						(120		)	—
Other equity earnings							13						13
Other expense, net							(73		)				(73		)
Earnings before income taxes	60			60			91			(120		)	91
Provision for income taxes							(23		)				(23		)
Earnings from continuing operations	60			60			68			(120		)	68
Loss from discontinued operations							(1		)				(1		)
Net earnings	60			60			67			(120		)	67
Net earnings attributable to noncontrolling interests							(7		)				(7		)
Net earnings attributable to the Company	$	60		$	60		$	60		$	(120	)	$	60
	Three months ended September 30, 2014
							Non-
				Guarantor			Guarantor
Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net earnings	$	60		$	60		$	67		$	(120	)	$	67
Other comprehensive income (loss) attributable to the Company	(165		)	(165		)	(186		)	351			(165		)
Other comprehensive income attributable to noncontrolling interests	—			—			(3		)	—			(3		)
Total comprehensive income (loss)	(105		)	(105		)	(122		)	231			(101		)
Net earnings attributable to noncontrolling interests	—			—			7			—			7
Comprehensive income (loss) attributable to the Company	$	(105	)	$	(105	)	$	(126	)	$	231		$	(105	)
	Three months ended September 30, 2013
							Non-
				Guarantor			Guarantor
Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	—		$	1,784		$	—		$	1,784
Cost of goods sold							(1,432		)				(1,432		)
Gross profit	—			—			352			—			352
Selling and administrative expense							(119		)				(119		)
Research, development and engineering expense							(15		)				(15		)
Net intercompany interest	5						(5		)				—
Interest expense, net	(5		)				(49		)				(54		)
Equity earnings from subsidiaries	130			130						(260		)	—
Other equity earnings							16						16
Other expense, net							(2		)				(2		)
Earnings before income taxes	130			130			178			(260		)	178
Provision for income taxes							(40		)				(40		)
Earnings from continuing operations	130			130			138			(260		)	138
Loss from discontinued operations							(2		)				(2		)
Net earnings	130			130			136			(260		)	136
Net earnings attributable to noncontrolling interests							(6		)				(6		)
Net earnings attributable to the Company	$	130		$	130		$	130		$	(260	)	$	130
	Three months ended September 30, 2013
							Non-
				Guarantor			Guarantor
Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net earnings	$	130		$	130		$	136		$	(260	)	$	136
Other comprehensive income (loss) attributable to the Company	39			39			12			(51		)	39
Other comprehensive income attributable to noncontrolling interests	—			—			—			—			—
Total comprehensive income (loss)	169			169			148			(311		)	175
Net earnings attributable to noncontrolling interests	—			—			6			—			6
Comprehensive income (loss) attributable to the Company	$	169		$	169		$	142		$	(311	)	$	169
	Nine months ended September 30, 2014
							Non-
				Guarantor			Guarantor
Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	—		$	5,181		$	—		$	5,181
Cost of goods sold							(4,165		)				(4,165		)
Gross profit	—			—			1,016			—			1,016
Selling and administrative expense							(382		)				(382		)
Research, development and engineering expense							(47		)				(47		)
Net intercompany interest	15						(15		)				—
Interest expense, net	(15		)				(146		)				(161		)
Equity earnings from subsidiaries	275			275						(550		)	—
Other equity earnings							48						48
Other expense, net							(70		)				(70		)
Earnings before income taxes	275			275			404			(550		)	404
Provision for income taxes							(89		)				(89		)
Earnings from continuing operations	275			275			315			(550		)	315
Loss from discontinued operations							(22		)				(22		)
Net earnings	275			275			293			(550		)	293
Net earnings attributable to noncontrolling interests							(18		)				(18		)
Net earnings attributable to the Company	$	275		$	275		$	275		$	(550	)	$	275
	Nine months ended September 30, 2014
							Non-
				Guarantor			Guarantor
Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net earnings	$	275		$	275		$	293		$	(550	)	$	293
Other comprehensive income (loss) attributable to the Company	(46		)	(46		)	(115		)	161			(46		)
Other comprehensive income attributable to noncontrolling interests	—			—			(4		)	—			(4		)
Total comprehensive income (loss)	229			229			174			(389		)	243
Net earnings attributable to noncontrolling interests	—			—			18			—			18
Comprehensive income (loss) attributable to the Company	$	229		$	229		$	160		$	(389	)	$	229
	Nine months ended September 30, 2013
							Non-
				Guarantor			Guarantor
Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	—		$	5,206		$	—		$	5,206
Cost of goods sold							(4,166		)				(4,166		)
Gross profit	—			—			1,040			—			1,040
Selling and administrative expense							(377		)				(377		)
Research, development and engineering expense							(45		)				(45		)
Net intercompany interest	15						(15		)				—
Interest expense, net	(15		)				(163		)				(178		)
Equity earnings from subsidiaries	331			331						(662		)	—
Other equity earnings							49						49
Other expense, net							(17		)				(17		)
Earnings before income taxes	331			331			472			(662		)	472
Provision for income taxes							(110		)				(110		)
Earnings from continuing operations	331			331			362			(662		)	362
Loss from discontinued operations							(15		)				(15		)
Net earnings	331			331			347			(662		)	347
Net earnings attributable to noncontrolling interests							(16		)				(16		)
Net earnings attributable to the Company	$	331		$	331		$	331		$	(662	)	$	331
	Nine months ended September 30, 2013
							Non-
				Guarantor			Guarantor
Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net earnings	$	331		$	331		$	347		$	(662	)	$	347
Other comprehensive income (loss) attributable to the Company	(14		)	(14		)	(94		)	108			(14		)
Other comprehensive income attributable to noncontrolling interests	—			—			(6		)	—			(6		)
Total comprehensive income (loss)	317			317			247			(554		)	327
Net earnings attributable to noncontrolling interests	—			—			16			—			16
Comprehensive income (loss) attributable to the Company	$	317		$	317		$	237		$	(554	)	$	317
	Nine months ended September 30, 2014
							Non-
				Guarantor			Guarantor
Cash Flows	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Cash provided by (utilized in) operating activities	$	(72	)	$	—		$	259		$	—		$	187
Cash utilized in investing activities							(267		)				(267		)
Cash provided by (utilized in) financing activities	72						(101		)				(29		)
Effect of exchange rate change on cash							(10		)				(10		)
Net change in cash	—			—			(119		)	—			(119		)
Cash at beginning of period							383						383
Cash at end of period	$	—		$	—		$	264		$	—		$	264
	Nine months ended September 30, 2013
							Non-
				Guarantor			Guarantor
Cash Flows	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Cash provided by (utilized in) operating activities	$	(108	)	$	—		$	350		$	—		$	242
Cash utilized in investing activities							(249		)				(249		)
Cash provided by (utilized in) financing activities	108						(306		)				(198		)
Effect of exchange rate change on cash							(7		)				(7		)
Net change in cash	—			—			(212		)	—			(212		)
Cash at beginning of period							431						431
Cash at end of period	$	—		$	—		$	219		$	—		$	219

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Information	'
Net sales for the Company's reportable segments	'
		Three months ended						Nine months ended
		September 30,						September 30,
		2014			2013			2014			2013
	Net sales:
	Europe	$	709		$	733		$	2,205		$	2,129
	North America	517			529			1,543			1,525
	South America	313			282			826			820
	Asia Pacific	197			236			584			714
	Reportable segment totals	1,736			1,780			5,158			5,188
	Other	9			4			23			18
	Net sales	$	1,745		$	1,784		$	5,181		$	5,206
Segment operating profit for the Company's reportable segments	'
		Three months ended						Nine months ended
		September 30,						September 30,
		2014			2013			2014			2013
	Segment operating profit:
	Europe	$	104		$	97		$	300		$	267
	North America	66			87			214			254
	South America	61			42			155			132
	Asia Pacific	17			33			59			99
	Reportable segment totals	248			259			728			752
	Items excluded from segment operating profit:
	Retained corporate costs and other	(20		)	(27		)	(79		)	(92		)
	Restructuring, asset impairment and related charges	(84		)				(84		)	(10		)
	Interest expense, net	(53		)	(54		)	(161		)	(178		)
	Earnings from continuing operations before income taxes	$	91		$	178		$	404		$	472
Total assets for the Company's reportable segments	'
		September 30,			December 31,			September 30,
		2014			2013			2013
	Total assets:
	Europe	$	3,415		$	3,509		$	3,515
	North America	2,030			1,995			2,007
	South America	1,358			1,467			1,499
	Asia Pacific	1,042			1,150			1,228
	Reportable segment totals	7,845			8,121			8,249
	Other	313			298			223
	Consolidated totals	$	8,158		$	8,419		$	8,472

Receivables_Tables

Receivables (Tables)	9 Months Ended
	Sep. 30, 2014
Receivables	'
Schedule of receivables	'
		September 30,		December 31,		September 30,
		2014		2013		2013
	Trade accounts receivable	$	887	$	757	$	995
	Less: allowances for doubtful accounts and discounts	37		39		42
	Net trade receivables	850		718		953
	Other receivables	192		225		219
		$	1,042	$	943	$	1,172

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Sep. 30, 2014
Inventories	'
Major classes of inventory	'
		September 30,		December 31,		September 30,
		2014		2013		2013
	Finished goods	$	954	$	958	$	1,011
	Raw materials	116		113		120
	Operating supplies	42		46		47
		$	1,112	$	1,117	$	1,178

Derivative_Instruments_Tables

Derivative Instruments (Tables)	9 Months Ended
	Sep. 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 September 30, 2014 and 2013 is as follows:
							Amount of Gain (Loss)
	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
	$	1		$	—		$	—		$	—
	The effect of the commodity futures contracts on the results of operations for the nine months ended September 30, 2014 and 2013 is as follows:
							Amount of Gain (Loss)
	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		$	—		$	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 September 30, 2014 and 2013 is as follows:
			Amount of Gain (Loss)
	Location of Loss		Recognized in Income on
	Recognized in Income on		Forward Exchange Contracts
	Forward Exchange Contracts		2014			2013
	Other expense		$	1		$	(7	)
	The effect of the forward exchange contracts on the results of operations for the nine months ended September 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		$	—		$	(19	)
Balance Sheet Classification of derivative instruments	'
			Balance		Fair Value
			Sheet		September 30,			December 31,			September 30,
			Location		2014			2013			2013
	Asset Derivatives:
	Derivatives designated as hedging instruments:
	Commodity futures contracts		a		$	—		$	1		$	—
	Derivatives not designated as hedging instruments:
	Forward exchange contracts		a			10			3			4
	Total asset derivatives				$	10		$	4		$	4
	Liability Derivatives:
	Derivatives designated as hedging instruments:
	Commodity futures contracts		c		$	—		$	—		$	1
	Derivatives not designated as hedging instruments:
	Forward exchange contracts		c		6			7			12
	Total liability derivatives				$	6		$	7		$	13

Restructuring_Accruals_Tables

Restructuring Accruals (Tables)	9 Months Ended
	Sep. 30, 2014
Restructuring Accruals	'
Selected information related to the restructuring accruals	'
	Selected information related to the restructuring accruals for the three months ended September 30, 2014 and 2013 is as follows:
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at July 1, 2014	$	20		$	3		$	42		$	65
	Charges	1			73			5			79
	Write-down of assets to net realizable value				(46		)				(46		)
	Net cash paid, principally severance and related benefits	(3		)	(2		)	(2		)	(7		)
	Pension charges transferred to other accounts				(7		)				(7		)
	Other, including foreign exchange translation	(2		)	(6		)	(1		)	(9		)
	Balance at September 30, 2014	$	16		$	15		$	44		$	75
		European			Asia Pacific			Other			Total
		Asset			Restructuring			Restructuring			Restructuring
		Optimization						Actions
	Balance at July 1, 2013	$	31		$	3		$	49		$	83
	Net cash paid, principally severance and related benefits	(5		)				(2		)	(7		)
	Other, including foreign exchange translation	1			(1		)	(4		)	(4		)
	Balance at September 30, 2013	$	27		$	2		$	43		$	72
	Selected information related to the restructuring accruals for the nine months ended September 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
	Charges	1			73			5			79
	Write-down of assets to net realizable value				(46		)				(46		)
	Net cash paid, principally severance and related benefits	(8		)	(15		)	(22		)	(45		)
	Pension charges transferred to other accounts				(7		)				(7		)
	Other, including foreign exchange translation	(7		)	(10		)	(3		)	(20		)
	Balance at September 30, 2014	$	16		$	15		$	44		$	75
		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	(32		)	(5		)	(17		)	(54		)
	Other, including foreign exchange translation	1			(1		)	(5		)	(5		)
	Balance at September 30, 2013	$	27		$	2		$	43		$	72

Pension_Benefit_Plans_and_Othe1

Pension Benefit Plans and Other Postretirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans	'
Components of net periodic pension cost	'
	The components of the net periodic pension cost for the three months ended September 30, 2014 and 2013 are as follows:
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Service cost	$	5		$	6		$	6		$	9
	Interest cost	27			26			16			17
	Expected asset return	(45		)	(45		)	(23		)	(23		)
	Amortization:
	Prior Service cost							(1		)
	Actuarial loss	19			28			5			7
	Net periodic pension cost	$	6		$	15		$	3		$	10
	The components of the net periodic pension cost for the nine months ended September 30, 2014 and 2013 are as follows:
		U.S.						Non-U.S.
		2014			2013			2014			2013
	Service cost	$	17		$	20		$	20		$	25
	Interest cost	80			80			53			51
	Expected asset return	(132		)	(137		)	(69		)	(68		)
	Amortization:
	Prior Service cost							(2		)
	Actuarial loss	55			83			16			23
	Net periodic pension cost	$	20		$	46		$	18		$	31

Debt_Tables

Debt (Tables)	9 Months Ended
	Sep. 30, 2014
Debt	'
Long-term Debt	'
		September 30,			December 31,			September 30,
		2014			2013			2013
	Secured Credit Agreement:
	Revolving Credit Facility:
	Revolving Loans	$	60		$	—		$	—
	Term Loans:
	Term Loan B	405			405			450
	Term Loan C (81 million CAD at September 30, 2014)	73			76			79
	Term Loan D (€85 million at September 30, 2014)	108			117			133
	Senior Notes:
	3.00%, Exchangeable, due 2015	616			617			612
	7.375%, due 2016	595			593			592
	6.75%, due 2020 (€500 million)	635			690			675
	4.875%, due 2021 (€330 million)	419			455			446
	Senior Debentures:
	7.80%, due 2018	250			250			250
	Other	80			58			79
	Total long-term debt	3,241			3,261			3,316
	Less amounts due within one year	807			16			18
	Long-term debt	$	2,434		$	3,245		$	3,298
Information related to accounts receivable securitization program	'
		September 30,			December 31,			September 30,
		2014			2013			2013
	Balance (included in short-term loans)	$	242		$	276		$	287
	Weighted average interest rate	0.57		%	1.41		%	1.23		%
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	$	629		$	101		$	635
	7.375%, due 2016	600			107.5			645
	6.75%, due 2020 (€500 million)	635			117.05			743
	4.875%, due 2021 (€330 million)	419			107.62			451
	Senior Debentures:
	7.80%, due 2018	250			113.25			283

Share_Owners_Equity_Tables

Share Owners' Equity (Tables)	9 Months Ended
	Sep. 30, 2014
Share Owners' Equity	'
Activity in share owners' equity	'
	The activity in share owners’ equity for the three months ended September 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 July 1, 2014	$	2		$	3,059		$	(463	)	$	204		$	(1,002	)	$	122		$	1,922
	Issuance of common stock (13,253 shares)																			—
	Reissuance of common stock (52,167 shares)							1												1
	Stock compensation				3															3
	Net earnings										60						7			67
	Other comprehensive loss													(165		)	(3		)	(168		)
	Contributions from noncontrolling interests																(2		)	(2		)
	Balance on September 30, 2014	$	2		$	3,062		$	(462	)	$	264		$	(1,167	)	$	124		$	1,823
		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 July 1, 2013	$	2		$	3,018		$	(433	)	$	6		$	(1,559	)	$	160		$	1,194
	Issuance of common stock (855,261 shares)				15															15
	Reissuance of common stock (61,187 shares)							1												1
	Treasury shares purchased (335,245 shares)							(10		)										(10		)
	Stock compensation				1															1
	Net earnings										130						6			136
	Other comprehensive income													39						39
	Distributions to noncontrolling interests																1			1
	Balance on September 30, 2013	$	2		$	3,034		$	(442	)	$	136		$	(1,520	)	$	167		$	1,377
	The activity in share owners’ equity for the nine months ended September 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 (226,795 shares)				5															5
	Reissuance of common stock (149,234 shares)							4												4
	Treasury shares purchased (364,436 shares)							(12		)										(12		)
	Stock compensation				17															17
	Net earnings										275						18			293
	Other comprehensive loss													(46		)	(4		)	(50		)
	Distributions to noncontrolling interests																(37		)	(37		)
	Balance on September 30, 2014	$	2		$	3,062		$	(462	)	$	264		$	(1,167	)	$	124		$	1,823
		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, 2013	$	2		$	3,005		$	(425	)	$	(195	)	$	(1,506	)	$	174		$	1,055
	Issuance of common stock (1,285,826 shares)				22															22
	Reissuance of common stock (159,111 shares)							3												3
	Treasury shares purchased (683,534 shares)							(20		)										(20		)
	Repurchase of exchangeable notes				(1		)													(1		)
	Stock compensation				8															8
	Net earnings										331						16			347
	Other comprehensive loss													(14		)	(6		)	(20		)
	Distributions to noncontrolling interests																(21		)	(21		)
	Contributions from noncontrolling interests																4			4
	Balance on September 30, 2013	$	2		$	3,034		$	(442	)	$	136		$	(1,520	)	$	167		$	1,377
Schedule of shares outstanding	'
		Shares Outstanding (in thousands)
		September 30,		December 31,		September 30,
		2014		2013		2013
	Shares of common stock issued (including treasury shares)	183,911		183,500		183,371
	Treasury shares	19,001		18,786		18,426

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Sep. 30, 2014
Accumulated Other Comprehensive Loss	'
Component of accumulated other comprehensive loss	'
	The activity in accumulated other comprehensive loss for the three months ended September 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 July 1, 2014	$	311		$	(12	)	$	(1,301	)	$	(1,002	)
	Change before reclassifications	(216		)	1						(215		)
	Amounts reclassified from accumulated other comprehensive income							19		(b)	19
	Translation effect							22			22
	Tax effect							9			9
	Other comprehensive income attributable to the Company	(216		)	1			50			(165		)
	Balance on September 30, 2014	$	95		$	(11	)	$	(1,251	)	$	(1,167	)
		Net Effect of			Change in			Employee			Total
		Exchange			Certain			Benefit Plans			Accumulated
		Rate			Derivative						Other
		Fluctuations			Instruments						Comprehensive
											Loss
	Balance on July 1, 2013	$	267		$	(14	)	$	(1,812	)	$	(1,559	)
	Change before reclassifications	21									21
	Amounts reclassified from accumulated other comprehensive income							34		(b)	34
	Translation effect							(14		)	(14		)
	Tax effect							(2		)	(2		)
	Other comprehensive income attributable to the Company	21			—			18			39
	Balance on September 30, 2013	$	288		$	(14	)	$	(1,794	)	$	(1,520	)
	The activity in accumulated other comprehensive loss for the nine months ended September 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	(134		)	3						(131		)
	Amounts reclassified from accumulated other comprehensive income				(2		)(a)	64		(b)	62
	Translation effect							16			16
	Tax effect							7			7
	Other comprehensive income attributable to the Company	(134		)	1			87			(46		)
	Balance on September 30, 2014	$	95		$	(11	)	$	(1,251	)	$	(1,167	)
		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	(167		)				55			(112		)
	Amounts reclassified from accumulated other comprehensive income							103		(b)	103
	Translation effect							1			1
	Tax effect							(6		)	(6		)
	Other comprehensive income attributable to the Company	(167		)	—			153			(14		)
	Balance on September 30, 2013	$	288		$	(14	)	$	(1,794	)	$	(1,520	)
	(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)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share	'
Computation of basic and diluted earnings per share	'
		Three months ended September 30,
		2014			2013
	Numerator:
	Net earnings attributable to the Company	$	60		$	130
	Denominator (in thousands):
	Denominator for basic earnings per share - weighted average shares outstanding	164,798			164,546
	Effect of dilutive securities:
	Stock options and other	1,340			1,435
	Denominator for diluted earnings per share - adjusted weighted average shares outstanding	166,138			165,981
	Basic earnings per share:
	Earnings from continuing operations	$	0.37		$	0.8
	Loss from discontinued operations	—			(0.01		)
	Net earnings	$	0.37		$	0.79
	Diluted earnings per share:
	Earnings from continuing operations	$	0.37		$	0.79
	Loss from discontinued operations	—			(0.01		)
	Net earnings	$	0.37		$	0.78
		Nine months ended September 30,
		2014			2013
	Numerator:
	Net earnings attributable to the Company	$	275		$	331
	Denominator (in thousands):
	Denominator for basic earnings per share - weighted average shares outstanding	164,821			164,330
	Effect of dilutive securities:
	Stock options and other	1,366			1,409
	Denominator for diluted earnings per share - adjusted weighted average shares outstanding	166,187			165,739
	Basic earnings per share:
	Earnings from continuing operations	$	1.8		$	2.1
	Loss from discontinued operations	(0.13		)	(0.09		)
	Net earnings	$	1.67		$	2.01
	Diluted earnings per share:
	Earnings from continuing operations	$	1.79		$	2.08
	Loss from discontinued operations	(0.13		)	(0.09		)
	Net earnings	$	1.66		$	1.99

Supplemental_Cash_Flow_Informa1

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Sep. 30, 2014
Supplemental Cash Flow Information	'
Supplemental Cash Flow Information	'
		Nine months ended September 30,
		2014		2013
	Interest paid in cash	$	165	$	180
	Income taxes paid in cash:
	U.S.	$	—	$	1
	Non-U.S.	91		96
	Total income taxes paid in cash	$	91	$	97

Financial_Information_for_Subs1

Financial Information for Subsidiary Guarantors and Non-Guarantors (Tables)	9 Months Ended
	Sep. 30, 2014
Financial Information for Subsidiary Guarantors and Non-Guarantors	'
Balance Sheet	'
		September 30, 2014
								Non-
					Guarantor			Guarantor
	Balance Sheet	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents	$	—		$	—		$	264		$	—		$	264
	Receivables							1,042						1,042
	Inventories							1,112						1,112
	Prepaid expenses							105						105
	Total current assets	—			—			2,523			—			2,523
	Investments in and advances to subsidiaries	2,325			2,075						(4,400		)	—
	Property, plant and equipment, net							2,499						2,499
	Goodwill							1,960						1,960
	Other assets							1,176						1,176
	Total assets	$	2,325		$	2,075		$	8,158		$	(4,400	)	$	8,158
	Current liabilities:
	Short-term loans and long-term debt due within one year	$	—		$	—		$	1,067		$	—		$	1,067
	Current portion of asbestos liability	150												150
	Accounts payable							1,027						1,027
	Other liabilities							544						544
	Total current liabilities	150			—			2,638			—			2,788
	Long-term debt	250						2,434			(250		)	2,434
	Asbestos-related liabilities	226												226
	Other long-term liabilities							887						887
	Share owners’ equity	1,699			2,075			2,199			(4,150		)	1,823
	Total liabilities and share owners’ equity	$	2,325		$	2,075		$	8,158		$	(4,400	)	$	8,158
		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
		September 30, 2013
								Non-
					Guarantor			Guarantor
	Balance Sheet	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Current assets:
	Cash and cash equivalents	$	—		$	—		$	219		$	—		$	219
	Receivables							1,172						1,172
	Inventories							1,178						1,178
	Prepaid expenses							103						103
	Total current assets	—			—			2,672			—			2,672
	Investments in and advances to subsidiaries	1,813			1,563						(3,376		)	—
Property, plant and equipment, net							2,657						2,657
Goodwill							2,059						2,059
Other assets							1,084						1,084
Total assets	$	1,813		$	1,563		$	8,472		$	(3,376	)	$	8,472
Current liabilities:
Short-term loans and long-term debt due within one year	$	—		$	—		$	366		$	—		$	366
Current portion of asbestos liability	155												155
Accounts payable							989						989
Other liabilities							577						577
Total current liabilities	155			—			1,932			—			2,087
Long-term debt	250						3,298			(250		)	3,298
Asbestos-related liabilities	198												198
Other long-term liabilities							1,512						1,512
Share owners’ equity	1,210			1,563			1,730			(3,126		)	1,377
Total liabilities and share owners’ equity	$	1,813		$	1,563		$	8,472		$	(3,376	)	$	8,472
Results of Operations	'
		Three months ended September 30, 2014
								Non-
					Guarantor			Guarantor
	Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net sales	$	—		$	—		$	1,745		$	—		$	1,745
	Cost of goods sold							(1,408		)				(1,408		)
	Gross profit	—			—			337			—			337
	Selling and administrative expense							(118		)				(118		)
	Research, development and engineering expense							(15		)				(15		)
	Net intercompany interest	5						(5		)				—
	Interest expense, net	(5		)				(48		)				(53		)
	Equity earnings from subsidiaries	60			60						(120		)	—
	Other equity earnings							13						13
	Other expense, net							(73		)				(73		)
	Earnings before income taxes	60			60			91			(120		)	91
	Provision for income taxes							(23		)				(23		)
	Earnings from continuing operations	60			60			68			(120		)	68
	Loss from discontinued operations							(1		)				(1		)
	Net earnings	60			60			67			(120		)	67
	Net earnings attributable to noncontrolling interests							(7		)				(7		)
	Net earnings attributable to the Company	$	60		$	60		$	60		$	(120	)	$	60
		Three months ended September 30, 2013
								Non-
					Guarantor			Guarantor
	Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net sales	$	—		$	—		$	1,784		$	—		$	1,784
	Cost of goods sold							(1,432		)				(1,432		)
	Gross profit	—			—			352			—			352
	Selling and administrative expense							(119		)				(119		)
	Research, development and engineering expense							(15		)				(15		)
	Net intercompany interest	5						(5		)				—
	Interest expense, net	(5		)				(49		)				(54		)
	Equity earnings from subsidiaries	130			130						(260		)	—
	Other equity earnings							16						16
	Other expense, net							(2		)				(2		)
	Earnings before income taxes	130			130			178			(260		)	178
	Provision for income taxes							(40		)				(40		)
	Earnings from continuing operations	130			130			138			(260		)	138
	Loss from discontinued operations							(2		)				(2		)
	Net earnings	130			130			136			(260		)	136
	Net earnings attributable to noncontrolling interests							(6		)				(6		)
	Net earnings attributable to the Company	$	130		$	130		$	130		$	(260	)	$	130
		Nine months ended September 30, 2014
								Non-
					Guarantor			Guarantor
	Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net sales	$	—		$	—		$	5,181		$	—		$	5,181
	Cost of goods sold							(4,165		)				(4,165		)
	Gross profit	—			—			1,016			—			1,016
	Selling and administrative expense							(382		)				(382		)
	Research, development and engineering expense							(47		)				(47		)
	Net intercompany interest	15						(15		)				—
	Interest expense, net	(15		)				(146		)				(161		)
	Equity earnings from subsidiaries	275			275						(550		)	—
	Other equity earnings							48						48
	Other expense, net							(70		)				(70		)
	Earnings before income taxes	275			275			404			(550		)	404
	Provision for income taxes							(89		)				(89		)
	Earnings from continuing operations	275			275			315			(550		)	315
	Loss from discontinued operations							(22		)				(22		)
	Net earnings	275			275			293			(550		)	293
	Net earnings attributable to noncontrolling interests							(18		)				(18		)
	Net earnings attributable to the Company	$	275		$	275		$	275		$	(550	)	$	275
	Nine months ended September 30, 2013
							Non-
				Guarantor			Guarantor
Results of Operations	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	—		$	5,206		$	—		$	5,206
Cost of goods sold							(4,166		)				(4,166		)
Gross profit	—			—			1,040			—			1,040
Selling and administrative expense							(377		)				(377		)
Research, development and engineering expense							(45		)				(45		)
Net intercompany interest	15						(15		)				—
Interest expense, net	(15		)				(163		)				(178		)
Equity earnings from subsidiaries	331			331						(662		)	—
Other equity earnings							49						49
Other expense, net							(17		)				(17		)
Earnings before income taxes	331			331			472			(662		)	472
Provision for income taxes							(110		)				(110		)
Earnings from continuing operations	331			331			362			(662		)	362
Loss from discontinued operations							(15		)				(15		)
Net earnings	331			331			347			(662		)	347
Net earnings attributable to noncontrolling interests							(16		)				(16		)
Net earnings attributable to the Company	$	331		$	331		$	331		$	(662	)	$	331
Comprehensive Income	'
		Three months ended September 30, 2014
								Non-
					Guarantor			Guarantor
	Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net earnings	$	60		$	60		$	67		$	(120	)	$	67
	Other comprehensive income (loss) attributable to the Company	(165		)	(165		)	(186		)	351			(165		)
	Other comprehensive income attributable to noncontrolling interests	—			—			(3		)	—			(3		)
	Total comprehensive income (loss)	(105		)	(105		)	(122		)	231			(101		)
	Net earnings attributable to noncontrolling interests	—			—			7			—			7
	Comprehensive income (loss) attributable to the Company	$	(105	)	$	(105	)	$	(126	)	$	231		$	(105	)
		Three months ended September 30, 2013
								Non-
					Guarantor			Guarantor
	Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net earnings	$	130		$	130		$	136		$	(260	)	$	136
	Other comprehensive income (loss) attributable to the Company	39			39			12			(51		)	39
	Other comprehensive income attributable to noncontrolling interests	—			—			—			—			—
	Total comprehensive income (loss)	169			169			148			(311		)	175
	Net earnings attributable to noncontrolling interests	—			—			6			—			6
	Comprehensive income (loss) attributable to the Company	$	169		$	169		$	142		$	(311	)	$	169
		Nine months ended September 30, 2014
								Non-
					Guarantor			Guarantor
	Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net earnings	$	275		$	275		$	293		$	(550	)	$	293
	Other comprehensive income (loss) attributable to the Company	(46		)	(46		)	(115		)	161			(46		)
	Other comprehensive income attributable to noncontrolling interests	—			—			(4		)	—			(4		)
	Total comprehensive income (loss)	229			229			174			(389		)	243
	Net earnings attributable to noncontrolling interests	—			—			18			—			18
	Comprehensive income (loss) attributable to the Company	$	229		$	229		$	160		$	(389	)	$	229
		Nine months ended September 30, 2013
								Non-
					Guarantor			Guarantor
	Comprehensive Income	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Net earnings	$	331		$	331		$	347		$	(662	)	$	347
	Other comprehensive income (loss) attributable to the Company	(14		)	(14		)	(94		)	108			(14		)
	Other comprehensive income attributable to noncontrolling interests	—			—			(6		)	—			(6		)
	Total comprehensive income (loss)	317			317			247			(554		)	327
	Net earnings attributable to noncontrolling interests	—			—			16			—			16
	Comprehensive income (loss) attributable to the Company	$	317		$	317		$	237		$	(554	)	$	317
Cash Flows	'
		Nine months ended September 30, 2014
								Non-
					Guarantor			Guarantor
	Cash Flows	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Cash provided by (utilized in) operating activities	$	(72	)	$	—		$	259		$	—		$	187
	Cash utilized in investing activities							(267		)				(267		)
	Cash provided by (utilized in) financing activities	72						(101		)				(29		)
	Effect of exchange rate change on cash							(10		)				(10		)
	Net change in cash	—			—			(119		)	—			(119		)
	Cash at beginning of period							383						383
	Cash at end of period	$	—		$	—		$	264		$	—		$	264
		Nine months ended September 30, 2013
								Non-
					Guarantor			Guarantor
	Cash Flows	Parent			Subsidiaries			Subsidiaries			Eliminations			Consolidated
	Cash provided by (utilized in) operating activities	$	(108	)	$	—		$	350		$	—		$	242
	Cash utilized in investing activities							(249		)				(249		)
	Cash provided by (utilized in) financing activities	108						(306		)				(198		)
	Effect of exchange rate change on cash							(7		)				(7		)
	Net change in cash	—			—			(212		)	—			(212		)
	Cash at beginning of period							431						431
	Cash at end of period	$	—		$	—		$	219		$	—		$	219

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
			item
Segment Reporting Information	'	'	'	'
Number of reportable segments	'	'	4	'
Net sales:	'	'	'	'
Net sales	$1,745	$1,784	$5,181	$5,206
Items excluded from Segment Operating Profit:	'	'	'	'
Retained corporate costs and other	-20	-27	-79	-92
Restructuring, asset impairment and related charges	-84	'	-84	-10
Interest expense, net	-53	-54	-161	-178
Earnings from continuing operations before income taxes	91	178	404	472
Reportable Segment Totals	'	'	'	'
Net sales:	'	'	'	'
Net sales	1,736	1,780	5,158	5,188
Segment Operating Profit:	'	'	'	'
Segment Operating Profit	248	259	728	752
Europe	'	'	'	'
Net sales:	'	'	'	'
Net sales	709	733	2,205	2,129
Segment Operating Profit:	'	'	'	'
Segment Operating Profit	104	97	300	267
North America	'	'	'	'
Net sales:	'	'	'	'
Net sales	517	529	1,543	1,525
Segment Operating Profit:	'	'	'	'
Segment Operating Profit	66	87	214	254
South America	'	'	'	'
Net sales:	'	'	'	'
Net sales	313	282	826	820
Segment Operating Profit:	'	'	'	'
Segment Operating Profit	61	42	155	132
Asia Pacific	'	'	'	'
Net sales:	'	'	'	'
Net sales	197	236	584	714
Segment Operating Profit:	'	'	'	'
Segment Operating Profit	17	33	59	99
Other	'	'	'	'
Net sales:	'	'	'	'
Net sales	$9	$4	$23	$18

Segment_Information_Details_2

Segment Information (Details 2) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
In Millions, unless otherwise specified
Assets	'	'	'
Total assets:	$8,158	$8,419	$8,472
Reportable Segment Totals	'	'	'
Assets	'	'	'
Total assets:	7,845	8,121	8,249
Europe	'	'	'
Assets	'	'	'
Total assets:	3,415	3,509	3,515
North America	'	'	'
Assets	'	'	'
Total assets:	2,030	1,995	2,007
South America	'	'	'
Assets	'	'	'
Total assets:	1,358	1,467	1,499
Asia Pacific	'	'	'
Assets	'	'	'
Total assets:	1,042	1,150	1,228
Other	'	'	'
Assets	'	'	'
Total assets:	$313	$298	$223

Receivables_Details

Receivables (Details) (USD $)	9 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Receivables	'	'	'
Trade accounts receivable	$887	$995	$757
Less: allowances for doubtful accounts and discounts	37	42	39
Net trade receivables	850	953	718
Other receivables	192	219	225
Total	1,042	1,172	943
Amount of receivables sold	$209	$125	$192

Inventories_Details

Inventories (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
In Millions, unless otherwise specified
Inventories	'	'	'
Finished goods	$954	$958	$1,011
Raw materials	116	113	120
Operating supplies	42	46	47
Inventories	$1,112	$1,117	$1,178

Derivative_Instruments_Details

Derivative Instruments (Details) (USD $)	3 Months Ended	9 Months Ended		3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 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)	1,800,000	1,800,000	6,600,000	'	'	'
Immaterial unrecognized gain (loss) included in Accumulated OCI	($1)	($1)	'	'	'	'
Period during which unrecognized gain included in Accumulated OCI will be reclassified into earnings	'	'15 months	'	'	'	'
Amount of Gain (Loss) recognized in OCI on Commodity Futures Contracts (Effective Portion)	1	3	'	'	'	'
Commodity futures contracts gain (loss) reclassified from accumulated OCI into income	'	2	'	1	-7	-19
Forward exchange contracts in various currencies	'	'	'	$520	$740	$740

Derivative_Instruments_Details1

Derivative Instruments (Details 2) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
In Millions, unless otherwise specified
Derivatives, Fair Value	'	'	'
Total asset derivatives	$10	$4	$4
Total liability derivatives	6	7	13
Derivatives designated as hedging instruments | Commodity futures contracts | Receivables	'	'	'
Derivatives, Fair Value	'	'	'
Total asset derivatives	'	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 | Receivables	'	'	'
Derivatives, Fair Value	'	'	'
Total asset derivatives	10	3	4
Derivatives not designated as hedging instruments | Forward exchange contracts | Other liabilities (current)	'	'	'
Derivatives, Fair Value	'	'	'
Total liability derivatives	$6	$7	$12

Restructuring_Accruals_Details

Restructuring Accruals (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Restructuring accrual	'	'	'	'
Restructuring reserve balance at beginning of period	$65	$83	$114	$123
Charges	79	'	79	10
Write-down of assets to net realizable value	-46	'	-46	-2
Net cash paid, principally severance and related benefits	-7	-7	-45	-54
Pension charges transferred to other accounts	-7	'	-7	'
Other, including foreign exchange translation	-9	-4	-20	-5
Restructuring reserve balance at end of period	75	72	75	72
European Asset Optimization	'	'	'	'
Restructuring accrual	'	'	'	'
Restructuring reserve balance at beginning of period	20	31	30	53
Charges	1	'	1	7
Write-down of assets to net realizable value	'	'	'	-2
Net cash paid, principally severance and related benefits	-3	-5	-8	-32
Other, including foreign exchange translation	-2	1	-7	1
Restructuring reserve balance at end of period	16	27	16	27
Asia Pacific Restructuring	'	'	'	'
Restructuring accrual	'	'	'	'
Restructuring reserve balance at beginning of period	3	3	20	6
Charges	73	'	73	2
Write-down of assets to net realizable value	-46	'	-46	'
Net cash paid, principally severance and related benefits	-2	'	-15	-5
Pension charges transferred to other accounts	-7	'	-7	'
Other, including foreign exchange translation	-6	-1	-10	-1
Restructuring reserve balance at end of period	15	2	15	2
Other Restructuring Actions	'	'	'	'
Restructuring accrual	'	'	'	'
Restructuring reserve balance at beginning of period	42	49	64	64
Charges	5	'	5	1
Net cash paid, principally severance and related benefits	-2	-2	-22	-17
Other, including foreign exchange translation	-1	-4	-3	-5
Restructuring reserve balance at end of period	$44	$43	$44	$43

Pension_Benefit_Plans_and_Othe2

Pension Benefit Plans and Other Postretirement Benefits (Details) (USD $)	0 Months Ended	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Oct. 01, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
U.S. Pension Plans	'	'	'	'	'
Components of the net pension expense and postretirement benefit cost	'	'	'	'	'
Service cost	'	$5	$6	$17	$20
Interest cost	'	27	26	80	80
Expected asset return	'	-45	-45	-132	-137
Amortization:	'	'	'	'	'
Actuarial loss	'	19	28	55	83
Net periodic pension and postretirement benefit cost	'	6	15	20	46
Special termination benefits	'	'	'	'	8
Non-U.S. Pension Plans	'	'	'	'	'
Components of the net pension expense and postretirement benefit cost	'	'	'	'	'
Service cost	'	6	9	20	25
Interest cost	'	16	17	53	51
Expected asset return	'	-23	-23	-69	-68
Amortization:	'	'	'	'	'
Prior Service cost	'	-1	'	-2	'
Actuarial loss	'	5	7	16	23
Net periodic pension and postretirement benefit cost	'	3	10	18	31
Settlement of non-cash charge	35	'	'	'	'
Settlement of non-cash charge, after tax	25	'	'	'	'
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 $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 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)

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Mar. 31, 2013

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Mar. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Mar. 31, 2013

Sep. 30, 2014

Sep. 30, 2013

Mar. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2014

In Millions, except Per Share data, unless otherwise specified

USD ($)

USD ($)

USD ($)

Secured Credit Agreement

Revolving Loans

Term Loan B

Term Loan B

Term Loan B

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

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

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

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

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

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

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

Term Loan D (EUR85 million at September 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 6.75%, 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

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)

Accounts Receivable Securitization Program

Accounts Receivable Securitization Program

Accounts Receivable Securitization Program

European Accounts Receivable Securitization Program

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

CAD

USD ($)

USD ($)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

USD ($)

EUR (€)

USD ($)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

EUR (€)

Debt Instrument

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total long-term debt

$3,241

$3,261

$3,316

'

$60

$405

$405

$450

$73

81

$76

$79

$108

€ 85

$117

$133

$616

$612

$617

$595

$593

$592

$635

€ 500

$690

$675

'

$419

€ 330

$455

$446

'

$250

$250

$250

$80

$58

$79

'

'

'

'

'

'

'

'

Less amounts due within one year

807

16

18

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term debt

2,434

3,245

3,298

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate, stated percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3.00%

'

'

7.38%

'

'

6.75%

6.75%

'

'

'

4.88%

4.88%

'

'

'

7.80%

'

'

'

'

'

'

6.88%

6.88%

6.88%

'

'

'

'

Maximum Borrowing Capacity

'

'

'

'

900

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

215

Unused Credit

'

'

'

736

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted Average Interest Rate (as a percent)

'

'

'

2.02%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

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

1,067

322

366

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

242

276

287

'

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

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0.57%

1.41%

1.23%

'

Principal Amount

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

629

'

'

600

'

'

635

'

'

'

'

419

'

'

'

'

250

'

'

'

'

'

'

'

'

'

'

'

'

'

Indicated Market Price (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$101

'

'

$107.50

'

'

$117.05

'

'

'

'

$107.62

'

'

'

'

$113.25

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair Value

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$635

'

'

$645

'

'

$743

'

'

'

'

$451

'

'

'

'

$283

'

'

'

'

'

'

'

'

'

'

'

'

'

Contingencies_Details

Contingencies (Details) (USD $)	3 Months Ended	9 Months Ended						3 Months Ended
	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 1993	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 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	'	8,800	'	'	'	'	'	'
Deferred amounts payable	12,000,000	19,000,000	'	'	'	'	'	'
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 final monthly installments	'	'	'	'	'	'	'	'9 months
Charge created due to unfavorable ruling	'	'	'	'	'	'	'	70,000,000
Net refund	'	'	'	'	'	'	'	20,000,000
Installment payments made	'	'	'	'	'	'	'	$77,000,000

Share_Owners_Equity_Details

Share Owners' Equity (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

In Millions, except Share data, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Dec. 31, 2012

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

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 at beginning of period

$1,922

$1,194

$1,603

$1,055

'

'

'

$2

$2

$2

$2

$2

$2

$3,059

$3,018

$3,040

$3,005

($463)

($433)

($454)

($425)

$204

$6

($11)

($195)

($1,002)

($1,559)

($1,121)

($1,506)

$122

$160

$147

$174

Issuance of common stock

'

15

5

22

'

'

'

'

'

'

'

'

'

'

15

5

22

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Reissuance of common stock

1

1

4

3

'

'

'

'

'

'

'

'

'

'

'

'

'

1

1

4

3

'

'

'

'

'

'

'

'

'

'

'

'

Treasury shares purchased

'

-10

-12

-20

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-10

-12

-20

'

'

'

'

'

'

'

'

'

'

'

'

Repurchase of exchangeable notes

'

'

'

-1

'

'

'

'

'

'

'

'

'

'

'

'

-1

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock compensation

3

1

17

8

'

'

'

'

'

'

'

'

'

3

1

17

8

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net earnings

67

136

293

347

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

60

130

275

331

'

'

'

'

7

6

18

16

Other comprehensive income (loss)

-168

39

-50

-20

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-165

39

-46

-14

'

'

'

'

Other comprehensive income (loss)

-165

39

-46

-14

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-165

39

-46

-14

-3

'

-4

-6

Distributions to noncontrolling interests

'

1

-37

-21

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1

-37

-21

Contributions from noncontrolling interests

-2

'

'

4

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2

'

'

4

Balance at end of period

1,823

1,377

1,823

1,377

'

'

'

2

2

2

2

2

2

3,062

3,034

3,062

3,034

-462

-442

-462

-442

264

136

264

136

-1,167

-1,520

-1,167

-1,520

124

167

124

167

Issuance of common stock (in shares)

13,253

855,261

226,795

1,285,826

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Reissuance of common stock (in shares)

52,167

61,187

149,234

159,111

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Treasury shares purchased, shares

'

335,245

364,436

683,534

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Purchase of common stock

'

'

'

'

'

$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)

183,911,000

183,371,000

183,911,000

183,371,000

183,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Treasury shares

19,001,000

18,426,000

19,001,000

18,426,000

18,786,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Loss (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

In Millions, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2013

Dec. 31, 2012

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 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

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

'

'

'

'

$311

$267

$229

$455

($12)

($12)

($14)

($14)

($14)

($1,301)

($1,812)

($1,338)

($1,947)

($1,002)

($1,559)

($1,121)

($1,506)

Change before reclassifications

'

'

'

'

-216

21

-134

-167

1

3

'

'

'

'

'

'

55

-215

21

-131

-112

Amounts reclassified from accumulated other comprehensive income

'

'

'

'

'

'

'

'

'

-2

'

'

'

19

34

64

103

19

34

62

103

Translation effect

'

'

'

'

'

'

'

'

'

'

'

'

'

22

-14

16

1

22

-14

16

1

Tax effect

'

'

'

'

'

'

'

'

'

'

'

'

'

9

-2

7

-6

9

-2

7

-6

Other comprehensive income attributable to the Company

-168

39

-50

-20

-216

21

-134

-167

1

1

'

'

'

50

18

87

153

-165

39

-46

-14

Balance at end of the period

'

'

'

'

$95

$288

$95

$288

($11)

($11)

($14)

($14)

($14)

($1,251)

($1,794)

($1,251)

($1,794)

($1,167)

($1,520)

($1,167)

($1,520)

Other_Expense_Details

Other Expense (Details) (USD $)	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013
Restructuring, asset impairment and related charges	'	'	'
Restructuring, asset impairment and related charges	$79	$79	$10
Other Expense	'	'	'
Restructuring, asset impairment and related charges	'	'	'
Restructuring, asset impairment and related charges	'	$71	'

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Numerator:	'	'	'	'
Net earnings attributable to the Company	$60	$130	$275	$331
Denominator (in thousands):	'	'	'	'
Denominator for basic earnings per share - weighted average shares outstanding (in shares)	164,798,000	164,546,000	164,821,000	164,330,000
Effect of dilutive securities:	'	'	'	'
Stock options and other (in shares)	1,340,000	1,435,000	1,366,000	1,409,000
Denominator for diluted earnings per share - adjusted weighted average shares outstanding (in shares)	166,138,000	165,981,000	166,187,000	165,739,000
Basic earnings per share:	'	'	'	'
Earnings from continuing operations (in dollars per share)	$0.37	$0.80	$1.80	$2.10
Loss from discontinued operations (in dollars per share)	'	($0.01)	($0.13)	($0.09)
Net earnings	$0.37	$0.79	$1.67	$2.01
Diluted earnings per share:	'	'	'	'
Earnings from continuing operations (in dollars per share)	$0.37	$0.79	$1.79	$2.08
Loss from discontinued operations (in dollars per share)	'	($0.01)	($0.13)	($0.09)
Net earnings	$0.37	$0.78	$1.66	$1.99
Weighted average shares of common stock attributable to options not included in diluted earnings per share (in shares)	997,554	1,355,622	660,479	1,505,341
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 $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2014	Mar. 31, 2013
			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)
Supplemental Cash Flow Information	'	'	'	'	'
Interest paid in cash	$165	$180	'	'	'
Income taxes paid in cash:	'	'	'	'	'
U.S. income taxes paid in cash	'	1	'	'	'
Non-U.S. Income taxes paid in cash	91	96	'	'	'
Total income taxes paid in cash	91	97	'	'	'
Debt Instrument	'	'	'	'	'
Interest paid note repurchase premiums	'	'	$10	'	'
Interest rate, stated percentage	'	'	6.88%	6.88%	6.88%

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Subsidiaries	'	'	'	'
Loss from discontinued operations	$1	$2	$22	$15

Financial_Information_for_Subs2

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013	Sep. 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	$264	$383	$219
Receivables	1,042	943	1,172
Inventories	1,112	1,117	1,178
Prepaid expenses	105	107	103
Total current assets	2,523	2,550	2,672
Property, plant and equipment, net	2,499	2,632	2,657
Goodwill	1,960	2,059	2,059
Other assets	1,176	1,178	1,084
Total assets	8,158	8,419	8,472
Current liabilities:	'	'	'
Short-term loans and long-term debt due within one year	1,067	322	366
Current portion of asbestos liability	150	150	155
Accounts payable	1,027	1,144	989
Other liabilities	544	638	577
Total current liabilities	2,788	2,254	2,087
Long-term debt	2,434	3,245	3,298
Asbestos-related liabilities	226	298	198
Other long-term liabilities	887	1,019	1,512
Share owners' equity	1,823	1,603	1,377
Total liabilities and share owners' equity	8,158	8,419	8,472
Eliminations	'	'	'
Current assets:	'	'	'
Investments in and advances to subsidiaries	-4,400	-4,058	-3,376
Total assets	-4,400	-4,058	-3,376
Current liabilities:	'	'	'
Long-term debt	-250	-250	-250
Share owners' equity	-4,150	-3,808	-3,126
Total liabilities and share owners' equity	-4,400	-4,058	-3,376
Parent	'	'	'
Current assets:	'	'	'
Investments in and advances to subsidiaries	2,325	2,154	1,813
Total assets	2,325	2,154	1,813
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	226	298	198
Share owners' equity	1,699	1,456	1,210
Total liabilities and share owners' equity	2,325	2,154	1,813
Guarantor Subsidiaries	'	'	'
Current assets:	'	'	'
Investments in and advances to subsidiaries	2,075	1,904	1,563
Total assets	2,075	1,904	1,563
Current liabilities:	'	'	'
Share owners' equity	2,075	1,904	1,563
Total liabilities and share owners' equity	2,075	1,904	1,563
Non-Guarantor Subsidiaries	'	'	'
Current assets:	'	'	'
Cash and cash equivalents	264	383	219
Receivables	1,042	943	1,172
Inventories	1,112	1,117	1,178
Prepaid expenses	105	107	103
Total current assets	2,523	2,550	2,672
Property, plant and equipment, net	2,499	2,632	2,657
Goodwill	1,960	2,059	2,059
Other assets	1,176	1,178	1,084
Total assets	8,158	8,419	8,472
Current liabilities:	'	'	'
Short-term loans and long-term debt due within one year	1,067	322	366
Accounts payable	1,027	1,144	989
Other liabilities	544	638	577
Total current liabilities	2,638	2,104	1,932
Long-term debt	2,434	3,245	3,298
Other long-term liabilities	887	1,019	1,512
Share owners' equity	2,199	2,051	1,730
Total liabilities and share owners' equity	$8,158	$8,419	$8,472

Financial_Information_for_Subs3

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details 2) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Results of Operations	'	'	'	'
Net sales	$1,745	$1,784	$5,181	$5,206
Cost of goods sold	-1,408	-1,432	-4,165	-4,166
Gross profit	337	352	1,016	1,040
Selling and administrative expense	-118	-119	-382	-377
Research, development and engineering expense	-15	-15	-47	-45
Interest expense, net	-53	-54	-161	-178
Other equity earnings	13	16	48	49
Other expense, net	-73	-2	-70	-17
Earnings from continuing operations before income taxes	91	178	404	472
Provision for income taxes	-23	-40	-89	-110
Earnings from continuing operations	68	138	315	362
Loss from discontinued operations	-1	-2	-22	-15
Net earnings	67	136	293	347
Net earnings attributable to noncontrolling interests	-7	-6	-18	-16
Net earnings attributable to the Company	60	130	275	331
Comprehensive Income	'	'	'	'
Net earnings	67	136	293	347
Other comprehensive income (loss) attributable to the Company	-165	39	-46	-14
Other comprehensive income attributable to noncontrolling interests	-3	'	-4	-6
Total comprehensive income (loss)	-101	175	243	327
Net earnings attributable to noncontrolling interests	7	6	18	16
Comprehensive income (loss) attributable to the Company	-105	169	229	317
Eliminations	'	'	'	'
Results of Operations	'	'	'	'
Equity earnings from subsidiaries	-120	-260	-550	-662
Earnings from continuing operations before income taxes	-120	-260	-550	-662
Earnings from continuing operations	-120	-260	-550	-662
Net earnings	-120	-260	-550	-662
Net earnings attributable to the Company	-120	-260	-550	-662
Comprehensive Income	'	'	'	'
Net earnings	-120	-260	-550	-662
Other comprehensive income (loss) attributable to the Company	351	-51	161	108
Total comprehensive income (loss)	231	-311	-389	-554
Comprehensive income (loss) attributable to the Company	231	-311	-389	-554
Parent	'	'	'	'
Results of Operations	'	'	'	'
Net intercompany interest	5	5	15	15
Interest expense, net	-5	-5	-15	-15
Equity earnings from subsidiaries	60	130	275	331
Earnings from continuing operations before income taxes	60	130	275	331
Earnings from continuing operations	60	130	275	331
Net earnings	60	130	275	331
Net earnings attributable to the Company	60	130	275	331
Comprehensive Income	'	'	'	'
Net earnings	60	130	275	331
Other comprehensive income (loss) attributable to the Company	-165	39	-46	-14
Total comprehensive income (loss)	-105	169	229	317
Comprehensive income (loss) attributable to the Company	-105	169	229	317
Guarantor Subsidiaries	'	'	'	'
Results of Operations	'	'	'	'
Equity earnings from subsidiaries	60	130	275	331
Earnings from continuing operations before income taxes	60	130	275	331
Earnings from continuing operations	60	130	275	331
Net earnings	60	130	275	331
Net earnings attributable to the Company	60	130	275	331
Comprehensive Income	'	'	'	'
Net earnings	60	130	275	331
Other comprehensive income (loss) attributable to the Company	-165	39	-46	-14
Total comprehensive income (loss)	-105	169	229	317
Comprehensive income (loss) attributable to the Company	-105	169	229	317
Non-Guarantor Subsidiaries	'	'	'	'
Results of Operations	'	'	'	'
Net sales	1,745	1,784	5,181	5,206
Cost of goods sold	-1,408	-1,432	-4,165	-4,166
Gross profit	337	352	1,016	1,040
Selling and administrative expense	-118	-119	-382	-377
Research, development and engineering expense	-15	-15	-47	-45
Net intercompany interest	-5	-5	-15	-15
Interest expense, net	-48	-49	-146	-163
Other equity earnings	13	16	48	49
Other expense, net	-73	-2	-70	-17
Earnings from continuing operations before income taxes	91	178	404	472
Provision for income taxes	-23	-40	-89	-110
Earnings from continuing operations	68	138	315	362
Loss from discontinued operations	-1	-2	-22	-15
Net earnings	67	136	293	347
Net earnings attributable to noncontrolling interests	-7	-6	-18	-16
Net earnings attributable to the Company	60	130	275	331
Comprehensive Income	'	'	'	'
Net earnings	67	136	293	347
Other comprehensive income (loss) attributable to the Company	-186	12	-115	-94
Other comprehensive income attributable to noncontrolling interests	-3	'	-4	-6
Total comprehensive income (loss)	-122	148	174	247
Net earnings attributable to noncontrolling interests	7	6	18	16
Comprehensive income (loss) attributable to the Company	($126)	$142	$160	$237

Financial_Information_for_Subs4

Financial Information for Subsidiary Guarantors and Non-Guarantors (Details 3) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash Flows	'	'
Cash provided by (utilized in) operating activities	$187	$242
Cash utilized in investing activities	-267	-249
Cash provided by (utilized in) financing activities	-29	-198
Effect of exchange rate change on cash	-10	-7
Decrease in cash	-119	-212
Cash at beginning of period	383	431
Cash at end of period	264	219
Parent	'	'
Cash Flows	'	'
Cash provided by (utilized in) operating activities	-72	-108
Cash provided by (utilized in) financing activities	72	108
Non-Guarantor Subsidiaries	'	'
Cash Flows	'	'
Cash provided by (utilized in) operating activities	259	350
Cash utilized in investing activities	-267	-249
Cash provided by (utilized in) financing activities	-101	-306
Effect of exchange rate change on cash	-10	-7
Decrease in cash	-119	-212
Cash at beginning of period	383	431
Cash at end of period	$264	$219