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Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and Cash Equivalents $ 2,083 $ 2,772
Accounts Receivable, less Allowance - $106 ($97 in 2011) 3,530 2,849
Inventories:    
Raw Materials 904 937
Work in Process 207 186
Finished Products 2,858 2,733
Total Inventory 3,969 3,856
Prepaid Expenses and Other Current Assets 406 335
Total Current Assets 9,988 9,812
Goodwill 672 654
Intangible Assets 157 157
Deferred Income Taxes 148 145
Other Assets 497 486
Property, Plant and Equipment, less Accumulated Depreciation - $8,835 ($8,629 in 2011) 6,528 6,375
Total Assets 17,990 17,629
Current Liabilities:    
Accounts Payable-Trade 3,571 3,668
Compensation and Benefits (Notes 9 and 10) 766 799
Other Current Liabilities 1,099 1,050
Notes Payable and Overdrafts (Note 7) 291 256
Long Term Debt and Capital Leases due Within One Year (Note 7) 154 156
Total Current Liabilities 5,881 5,929
Long Term Debt and Capital Leases (Note 7) 5,186 4,789
Compensation and Benefits (Notes 9 and 10) 3,885 4,002
Deferred and Other Noncurrent Income Taxes 253 244
Other Long Term Liabilities 1,008 1,041
Total Liabilities 16,213 16,005
Commitments and Contingencies (Note 11)      
Minority Shareholders' Equity (Note 1) 626 607
Goodyear Shareholders' Equity:    
Preferred Stock, no par value: (Note 12) Authorized, 50 million shares, Outstanding shares - 10 million (10 million in 2011), liquidation preference $50 per share 500 500
Common Stock, no par value: Authorized, 450 million shares, Outstanding shares - 245 million (245 million in 2011) after deducting 6 million treasury shares (6 million in 2011) 245 245
Capital Surplus 2,809 2,808
Retained Earnings 1,176 1,187
Accumulated Other Comprehensive Loss (3,867) (3,991)
Goodyear Shareholders' Equity 863 749
Minority Shareholders' Equity - Nonredeemable 288 268
Total Shareholders' Equity 1,151 1,017
Total Liabilities and Shareholders' Equity $ 17,990 $ 17,629