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Consolidated Balance Sheets (Unaudited) (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Current Assets:    
Cash and Cash Equivalents $ 1,804 $ 2,005
Accounts Receivable, less Allowance - 112 ($ 106 in 2010) 3,539 2,736
Inventories:    
Raw Materials 969 706
Work in Process 207 168
Finished Products 2,856 2,103
Total Inventory 4,032 2,977
Prepaid Expenses and Other Current Assets 401 327
Total Current Assets 9,776 8,045
Goodwill 720 683
Intangible Assets 161 161
Deferred Income Taxes 48 58
Other Assets 489 518
Property, Plant and Equipment Less Accumulated Depreciation - $ 8974 ($8,807 in 2010) 6,448 6,165
Total Assets 17,642 15,630
Current Liabilities:    
Accounts Payable-Trade 3,515 3,107
Compensation and Benefits (Note 11) 789 756
Other Current Liabilities 1,097 1,018
Notes payable and overdrafts (Note 8) 261 238
Long Term Debt and Capital Leases due Within One Year (Note 8) 257 188
Total Current Liabilities 5,919 5,307
Long Term Debt and Capital Leases (Note 8) 4,786 4,319
Compensation and Benefits (Note 11) 3,384 3,415
Deferred and Other Noncurrent Income Taxes 269 242
Other Long Term Liabilities 887 842
Total Liabilities 15,245 14,125
Commitments and Contingencies (Note 12)    
Minority Shareholders' Equity (Note 1) 638 584
Goodyear Shareholders' Equity:    
Preferred Stock, no par value: Authorized, 50 million shares, Outstanding shares - 10 million (0 in 2010), liquidation preference $50 per share 500 0
Common Stock, no par value: Authorized, 450 shares, Outstanding shares - 244 (243 in 2010) after deducting 7 million treasury shares (8 million in 2010) 244 243
Capital Surplus 2,801 2,805
Retained Earnings 1,009 866
Accumulated Other Comprehensive Loss (3,079) (3,270)
Goodyear Shareholders' Equity 1,475 644
Minority Shareholders' Equity - Nonredeemable 284 277
Total Shareholders' Equity 1,759 921
Total Liabilities and Shareholders' Equity $ 17,642 $ 15,630