Business Segments (Tables)

12 Months Ended

Dec. 31, 2011

The following table presents segment sales and operating income, and the reconciliation of segment operating income to Income (Loss) before Income Taxes:



(In millions)	2011			2010			2009
Sales
North American Tire	$	9,859		$	8,205		$	6,977
Europe, Middle East and Africa Tire	8,040			6,407			5,801
Latin American Tire	2,472			2,158			1,814
Asia Pacific Tire	2,396			2,062			1,709
Net Sales	$	22,767		$	18,832		$	16,301
Segment Operating Income (Loss)
North American Tire	$	276		$	18		$	(305	)
Europe, Middle East and Africa Tire	627			319			166
Latin American Tire	231			330			301
Asia Pacific Tire	234			250			210
Total Segment Operating Income	1,368			917			372
Rationalizations	(103		)	(240		)	(227		)
Interest expense	(330		)	(316		)	(311		)
Other expense	(73		)	(186		)	(40		)
Asset write-offs and accelerated depreciation	(50		)	(15		)	(43		)
Corporate incentive compensation plans	(70		)	(71		)	(41		)
Insurance recovery	—			8			—
Pension curtailments and settlements	(15		)	—			—
Intercompany profit elimination	(5		)	(14		)	(13		)
Retained expenses of divested operations	(29		)	(20		)	(17		)
Other	(75		)	(55		)	(37		)
Income (Loss) before Income Taxes	$	618		$	8		$	(357	)

Schedule of Segment Reporting Information, by Segment

The following table presents segment assets at December 31:



(In millions)	2011		2010
Assets
North American Tire	$	5,744	$	5,243
Europe, Middle East and Africa Tire	5,915		5,266
Latin American Tire	2,141		1,809
Asia Pacific Tire	2,482		2,150
Total Segment Assets	16,282		14,468
Corporate	1,347		1,162
	$	17,629	$	15,630

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas



(In millions)	2011		2010		2009
Net Sales
United States	$	8,397	$	7,104	$	5,953
Germany	2,962		2,229		1,927
Other international	11,408		9,499		8,421
	$	22,767	$	18,832	$	16,301
Long-Lived Assets
United States	$	2,367	$	2,411	$	2,305
China	711		508		244
Germany	691		676		771
Other international	2,606		2,570		2,523
	$	6,375	$	6,165	$	5,843

Rationalizations, Asset sales, Other Expense and Asset write-offs and accelerated depreciation attributable to the SBUs

Rationalizations, as described in Note 2, Costs Associated with Rationalization Programs, net (gains) losses on asset sales, as described in Note 3, Other Expense, and Asset write-offs and accelerated depreciation were not charged (credited) to the SBUs for performance evaluation purposes but were attributable to the SBUs as follows:



(In millions)	2011		2010			2009
Rationalizations
North American Tire	$	72	$	184		$	112
Europe, Middle East and Africa Tire	15		41			82
Latin American Tire	—		5			20
Asia Pacific Tire	16		11			10
Total Segment Rationalizations	103		241			224
Corporate	—		(1		)	3
	$	103	$	240		$	227



(In millions)	2011			2010			2009
Net (Gains) Losses on Asset Sales
North American Tire	$	2		$	(2	)	$	(4	)
Europe, Middle East and Africa Tire	(1		)	(6		)	(1		)
Latin American Tire	(4		)	(7		)	(2		)
Asia Pacific Tire	(9		)	(58		)	(5		)
Total Segment Asset Sales	(12		)	(73		)	(12		)
Corporate	(4		)	—			42
	$	(16	)	$	(73	)	$	30



(In millions)	2011		2010		2009
Asset Write-offs and Accelerated Depreciation
North American Tire	$	43	$	2	$	16
Europe, Middle East and Africa Tire	—		1		1
Latin American Tire	—		—		—
Asia Pacific Tire	7		12		26
Total Segment Asset Write-offs and Accelerated Depreciation	$	50	$	15	$	43

Segment Capital Expenditures Depreciation and Amortization

The following tables present segment capital expenditures, depreciation and amortization:



(In millions)	2011		2010		2009
Capital Expenditures
North American Tire	$	236	$	319	$	306
Europe, Middle East and Africa Tire	240		183		212
Latin American Tire	237		135		76
Asia Pacific Tire	314		281		134
Total Segment Capital Expenditures	1,027		918		728
Corporate	16		26		18
	$	1,043	$	944	$	746



(In millions)	2011		2010		2009
Depreciation and Amortization
North American Tire	$	286	$	295	$	284
Europe, Middle East and Africa Tire	222		209		210
Latin American Tire	73		57		49
Asia Pacific Tire	73		63		56
Total Segment Depreciation and Amortization	654		624		599
Corporate	61		28		37
	$	715	$	652	$	636

Segment Equity In Net Income of Investees Accounted For By Equity Method



(In millions)	2011			2010			2009
Equity in (Income)
North American Tire	$	(5	)	$	(4	)	$	(5	)
Europe, Middle East and Africa Tire	(1		)	—			—
Latin American Tire	—			—			—
Asia Pacific Tire	(13		)	(7		)	(4		)
Total Segment Equity in (Income)	$	(19	)	$	(11	)	$	(9	)

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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