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Earning Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings 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)
2012
 
2011
 
2012
 
2011
Earnings per share — basic:
 
 
 
 
 
 
 
Goodyear net income
$
92

 
$
47

 
$
88

 
$
150

Less: Preferred stock dividends
7

 
7

 
15

 
7

Goodyear net income available to common shareholders
$
85

 
$
40

 
$
73

 
$
143

Weighted average shares outstanding
245

 
244

 
244

 
244

Earnings per common share — basic
$
0.35

 
$
0.16

 
$
0.30

 
$
0.58

 
 
 
 
 
 
 
 
Earnings per share — diluted:
 
 
 
 
 
 
 
Goodyear net income
$
92

 
$
47

 
$
88

 
$
150

Less: Preferred stock dividends

 
7

 
15

 

Goodyear net income available to common shareholders
$
92

 
$
40

 
$
73

 
$
150

Weighted average shares outstanding
245

 
244

 
244

 
244

Dilutive effect of mandatory convertible preferred stock
34

 

 

 
15

Dilutive effect of stock options and other dilutive securities
2

 
3

 
2

 
3

Weighted average shares outstanding — diluted
281

 
247

 
246

 
262

Earnings per common share — diluted
$
0.33

 
$
0.16

 
$
0.30

 
$
0.57