O-I Glass OI Americas — Restructuring Costs And Asset Impairment Charges
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Where this comes from
Reported directly by O-I Glass in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCostsAndAssetImpairmentCharges.
The source filing: O-I Glass’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 4:30 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001104659-26-088166
other exit costs in the Americas segment ($4 million), and in the Europe segment ($13 million). For the six months ended June 30, 2026, these charges consisted of employee costs, such as severance and benefit-related costs, write-down of assets and other exit costs in the Americas segment ($7 million), Europe segment ($44 million) and Retained corporate costs and other ($4 million). As of June 30, 2026, the Company has incurred cumulative charges of approximately $700 million related to the Fit to Win program. Additional restructuring charges are expected in future quarters when management completes its assessment to reduce redundant production capacity and streamline costs. The Company expects that the majority of the remaining cash expenditures related to the accrued employee and other exit costs will be paid out over the next several years.
Item 1. Financial Statements.
FAQ
- What is O-I Glass's americas — restructuring costs and asset impairment charges?
- O-I Glass (OI) reported americas — restructuring costs and asset impairment charges of $4M in Q2 2026.
- How has O-I Glass's americas — restructuring costs and asset impairment charges changed year-over-year?
- O-I Glass's americas — restructuring costs and asset impairment charges decreased by 92.0% year-over-year, from $50M to $4M.
- What does americas — restructuring costs and asset impairment charges mean?
- This metric captures expenses related to organizational streamlining, plant closures, or the write-down of asset values within the Americas segment. It reflects management's efforts to optimize the manufacturing footprint and the potential obsolescence of production capacity.
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