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Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash and Cash Equivalents $ 2,156 $ 2,772
Accounts Receivable, less Allowance - $97 ($97 in 2011) 3,174 2,849
Inventories:    
Raw Materials 904 937
Work in Process 188 186
Finished Products 2,848 2,733
Total Inventory 3,940 3,856
Prepaid Expenses and Other Current Assets 379 335
Total Current Assets 9,649 9,812
Goodwill 644 654
Intangible Assets 154 157
Deferred Income Taxes 138 145
Other Assets 517 486
Property, Plant and Equipment, less Accumulated Depreciation - $8,692 ($8,629 in 2011) 6,499 6,375
Total Assets 17,601 17,629
Current Liabilities:    
Accounts Payable-Trade 3,324 3,668
Compensation and Benefits (Notes 9 and 10) 719 799
Other Current Liabilities 1,102 1,050
Notes Payable and Overdrafts (Note 7) 168 256
Long Term Debt and Capital Leases due Within One Year (Note 7) 107 156
Total Current Liabilities 5,420 5,929
Long Term Debt and Capital Leases (Note 7) 5,395 4,789
Compensation and Benefits (Notes 9 and 10) 3,732 4,002
Deferred and Other Noncurrent Income Taxes 244 244
Other Long Term Liabilities 998 1,041
Total Liabilities 15,789 16,005
Commitments and Contingencies (Note 11)      
Minority Shareholders' Equity (Note 1) 602 607
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 2,812 2,808
Retained Earnings 1,260 1,187
Accumulated Other Comprehensive Loss (3,870) (3,991)
Goodyear Shareholders' Equity 947 749
Minority Shareholders' Equity - Nonredeemable 263 268
Total Shareholders' Equity 1,210 1,017
Total Liabilities and Shareholders' Equity $ 17,601 $ 17,629