Business Segments (Tables)

9 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

Business Segment Reporting Information

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(In millions)	2012			2011			2012			2011
Sales:
North American Tire	$	2,404		$	2,557		$	7,352		$	7,275
Europe, Middle East and Africa Tire	1,748			2,226			5,282			6,128
Latin American Tire	520			651			1,544			1,876
Asia Pacific Tire	592			628			1,769			1,805
Net Sales	$	5,264		$	6,062		$	15,947		$	17,084
Segment Operating Income:
North American Tire	$	130		$	78		$	398		$	255
Europe, Middle East and Africa Tire	105			260			214			539
Latin American Tire	49			62			162			183
Asia Pacific Tire	64			63			202			195
Total Segment Operating Income	348			463			976			1,172
Less:
Rationalizations	26			25			67			80
Interest expense	86			86			270			241
Other (income) expense	(1		)	(4		)	128			48
Asset write-offs and accelerated depreciation	13			12			19			46
Corporate incentive compensation plans	25			8			47			43
Corporate pension curtailments/settlements	—			4			—			15
Intercompany profit elimination	(12		)	7			(11		)	18
Retained expenses of divested operations	3			9			12			24
Other	22			11			36			46
Income before Income Taxes	$	186		$	305		$	408		$	611

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

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(In millions)	2012			2011			2012			2011
Rationalizations:
North American Tire	$	9		$	20		$	28		$	60
Europe, Middle East and Africa Tire	8			2			18			9
Latin American Tire	—			—			2			—
Asia Pacific Tire	9			3			19			11
Total Segment Rationalizations	$	26		$	25		67			80
Net (Gains) Losses on Asset Sales:
North American Tire	$	(3	)	$	(2	)	$	(7	)	$	(7	)
Europe, Middle East and Africa Tire	—			1			(8		)	(1		)
Latin American Tire	(1		)	—			(4		)	(4		)
Asia Pacific Tire	(1		)	(9		)	(1		)	(9		)
Total Segment Asset Sales	(5		)	(10		)	(20		)	(21		)
Corporate	—			(1		)	(2		)	(3		)
	$	(5	)	$	(11	)	$	(22	)	$	(24	)

Asset Write-offs and Accelerated Depreciation:
North American Tire	$	—	$	11	$	—	$	43
Asia Pacific Tire	13		1		19		3
Total Segment Asset Write-offs and Accelerated Depreciation	$	13	$	12	$	19	$	46