A downhole tool for use in a well has a mandrel with an expandable sealing element disposed thereabout. The mandrel has a head portion threadedly connected thereto. A shoulder in the head portion and an upper end of the mandrel define an annular space. A sleeve with a bore therethrough may be positioned in the annular space. The head portion may be removed and a solid plug installed so that it fits within the annular space and so that the downhole tool will act as a bridge plug. The downhole tool has slip rings made up of a plurality of individual slip segments that are adhesively bonded to one another at the sides thereof.