XML 34 R26.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Earning (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2011
Earning (Loss) per Share [Abstract]  
Basic and Diluted Earnings per common share
                                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
(In millions, except per share amounts)   2011     2010     2011     2010  
Earnings per share — basic:
                               
Goodyear net income (loss)
  $ 47     $ 28     $ 150     $ (19 )
Less: Preferred stock dividends
    7             7        
 
                       
Goodyear net income (loss) available to common shareholders
  $ 40     $ 28     $ 143     $ (19 )
 
                       
 
                               
Weighted average shares outstanding
    244       242       244       242  
 
                       
 
                               
Earnings per common share — basic
  $ 0.16     $ 0.11     $ 0.58     $ (0.08 )
 
                       
 
                               
Earnings per share — diluted:
                               
Goodyear net income (loss)
  $ 47     $ 28     $ 150     $ (19 )
Less: Preferred stock dividends
    7                    
 
                       
Goodyear net income (loss) available to common shareholders
  $ 40     $ 28     $ 150     $ (19 )
 
                       
 
                               
Weighted average shares outstanding
    244       242       244       242  
Dilutive effect of mandatory convertible preferred stock
                15        
Dilutive effect of stock options and other dilutive securities
    3       2       3        
 
                       
 
                               
Weighted average shares outstanding — diluted
    247       244       262       242  
 
                       
 
                               
Earnings per common share — diluted
  $ 0.16     $ 0.11     $ 0.57     $ (0.08 )