GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » O-I Glass Inc (NYSE:OI) » Definitions » Buildings And Improvements

O-I Glass (O-I Glass) Buildings And Improvements

: $1,194 Mil (As of Dec. 2023)
View and export this data going back to 1991. Start your Free Trial

O-I Glass's quarterly buildings and improvements stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($1,194 Mil).

O-I Glass's annual buildings and improvements declined from Dec. 2021 ($1,134 Mil) to Dec. 2022 ($1,102 Mil) but then increased from Dec. 2022 ($1,102 Mil) to Dec. 2023 ($1,194 Mil).


O-I Glass Buildings And Improvements Historical Data

The historical data trend for O-I Glass's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

O-I Glass Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,267.00 1,197.00 1,134.00 1,102.00 1,194.00

O-I Glass Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Buildings And Improvements Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,102.00 - - - 1,194.00

O-I Glass Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


O-I Glass (O-I Glass) Business Description

Traded in Other Exchanges
Address
One Michael Owens Way, Perrysburg, OH, USA, 43551
O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a market-leading position in key markets such as Europe, North America, and Brazil, among others. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. In the coming years, O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.
Executives
Andres Alberto Lopez officer: VP, President of Latin America ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551
Vitaliano Torno officer: President, O-I Europe O-I EUROPE SARL, EU HQ MEX EN FARAZ 5, VUFFLENS-LA-VILLE V8 1302
Arnaud Aujouannet officer: SVP & Chief Sales & Marketing ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551
Clark David V Ii director C/O O-I GLASS, INC., ONE MICHAEL OWENS WAY, PLAZA 1, PERRYSBURG OH 43551
Darrow A Abrahams officer: SVP, GC & Corporate Secretary ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551
Mary Beth Wilkinson officer: Senior VP, GC & Secretary 2350 GREEN ROAD, SUITE 100, ANN ARBOR MI 48105
Samuel R. Chapin director 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Catherine I Slater director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Peter S Hellman director ONE BAXTER PARKWAY, DEERFIELD IL 60015
Carol A Dudley-williams director 912 W. SUGNET RD., MIDLAND MI 48640
John H Walker director 233 SOUTH WACKER DRIVE, CHICAGO IL 60606
Timothy Connors officer: President, O-I Asia Pacific 36 BURWOOD ROAD, HAWTHORN, VIC C3 3195
Moyano Giancarlo Currarino officer: SVP, Chief Tech & SC Officer ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551
John Humphrey director ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209
Joseph D Rupp director QUANEX BUILDING PRODUCTS CORPORATION, 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027