O-I Glass (STU:2WZ) Construction In Progress : €749 Mil (As of Dec. 2023)

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What is O-I Glass Construction In Progress?

O-I Glass's quarterly construction in progress stayed the same from Jun. 2023 (€0 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€749 Mil).

O-I Glass's annual construction in progress increased from Dec. 2021 (€266 Mil) to Dec. 2022 (€525 Mil) and increased from Dec. 2022 (€525 Mil) to Dec. 2023 (€749 Mil).

O-I Glass Construction In Progress Historical Data

The historical data trend for O-I Glass's Construction In Progress 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.

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O-I Glass Construction In Progress Chart

O-I Glass Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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323.10

173.44

265.50

524.86

749.19

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
Construction In Progress	Get a 7-Day Free Trial															524.86	-	-	-	749.19

O-I Glass Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

O-I Glass (STU:2WZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » O-I Glass Inc (STU:2WZ) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

OI:USA 2WZ:Germany

Address

One Michael Owens Way, Perrysburg, OH, USA, 43551

Website

https://www.o-i.com

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.

O-I Glass (STU:2WZ) Headlines

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