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Business Segments (Tables)
3 Months Ended
Mar. 31, 2012
Segment Reporting [Abstract]  
Business Segment Reporting Information
 
Three Months Ended
 
 
March 31,
 
(In millions)
2012
 
2011
 
Sales:
 
 
 
 
North American Tire
$
2,497

 
$
2,307

 
Europe, Middle East and Africa Tire
1,938

 
1,959

 
Latin American Tire
521

 
585

 
Asia Pacific Tire
577

 
551

 
Net Sales
$
5,533

 
$
5,402

 
Segment Operating Income:
 
 
 
 
North American Tire
$
80

 
$
40

 
Europe, Middle East and Africa Tire
90

 
153

 
Latin American Tire
55

 
67

 
Asia Pacific Tire
67

 
67

 
Total Segment Operating Income
292

 
327

 
Less:
 
 
 
 
Rationalizations
15

 
9

 
Interest expense
101

 
74

 
Other expense
92

 
4

 
Asset write-offs and accelerated depreciation
2

 
9

 
Corporate incentive compensation plans
7

 
14

 
Intercompany profit elimination
10

 
9

 
Retained expenses of divested operations
4

 
5

 
Other
5

 
17

 
Income before Income Taxes
$
56

 
$
186

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

 
Three Months Ended
 
 
March 31,
 
(In millions)
2012
 
2011
 
Rationalizations:
 
 
 
 
North American Tire
$
6

 
$
6

 
Europe, Middle East and Africa Tire
5

 
1

 
Latin American Tire
2

 

 
Asia Pacific Tire
2

 
2

 
Total Segment Rationalizations
$
15

 
$
9

 
 
 
 
 
 
 
 
 
 
 
Net (Gains) Losses on Asset Sales:
 
 
 
 
North American Tire
$
(2
)
 
$

 
Europe, Middle East and Africa Tire
(1
)
 
(1
)
 
Latin American Tire

 
(1
)
 
Asia Pacific Tire

 

 
Total Segment Asset Sales
(3
)
 
(2
)
 
Corporate
(1
)
 

 
 
$
(4
)
 
$
(2
)
 

Asset Write-offs and Accelerated Depreciation:
 
 
 
 
North American Tire
$

 
$
8

 
Europe, Middle East and Africa Tire

 

 
Latin American Tire

 

 
Asia Pacific Tire
2

 
1

 
Total Segment Asset Write-offs and Accelerated Depreciation
$
2

 
$
9