Business Segments (Tables)

12 Months Ended

Dec. 31, 2012

The following table presents segment sales and operating income, and the reconciliation of segment operating income to Income before Income Taxes:



(In millions)	2012			2011		2010
Sales
North American Tire	$	9,666		$	9,859	$	8,205
Europe, Middle East and Africa Tire	6,884			8,040		6,407
Latin American Tire	2,085			2,472		2,158
Asia Pacific Tire	2,357			2,396		2,062
Net Sales	$	20,992		$	22,767	$	18,832
Segment Operating Income
North American Tire	$	514		$	276	$	18
Europe, Middle East and Africa Tire	252			627		319
Latin American Tire	223			231		330
Asia Pacific Tire	259			234		250
Total Segment Operating Income	1,248			1,368		917
Less:
Rationalizations	175			103		240
Interest expense	357			330		316
Other expense	139			73		186
Asset write-offs and accelerated depreciation	20			50		15
Corporate incentive compensation plans	69			70		71
Corporate pension curtailments/settlements	1			15		—
Intercompany profit elimination	(1		)	5		14
Retained expenses of divested operations	14			29		20
Other	34			75		47
Income before Income Taxes	$	440		$	618	$	8

Schedule of Segment Reporting Information, by Segment

The following table presents segment assets at December 31:



(In millions)	2012		2011		2010
Assets
North American Tire	$	5,170	$	5,744	$	5,243
Europe, Middle East and Africa Tire	5,415		5,915		5,266
Latin American Tire	2,367		2,141		1,809
Asia Pacific Tire	2,601		2,482		2,150
Total Segment Assets	15,553		16,282		14,468
Corporate	1,420		1,347		1,162
	$	16,973	$	17,629	$	15,630

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas



(In millions)	2012		2011		2010
Net Sales
United States	$	8,416	$	8,397	$	7,104
Germany	2,541		2,962		2,229
Other international	10,035		11,408		9,499
	$	20,992	$	22,767	$	18,832
Long-Lived Assets
United States	$	2,424	$	2,367	$	2,411
China	796		711		508
Germany	788		691		676
Other international	2,948		2,606		2,570
	$	6,956	$	6,375	$	6,165

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

Rationalizations, as described in Note 2, Costs Associated with Rationalization Programs, net (gains) losses on asset sales, as described in Note 4, Other Expense, and Asset write-offs and accelerated depreciation were not charged (credited) to the SBUs for performance evaluation purposes but were attributable to the SBUs as follows:



(In millions)	2012		2011		2010
Rationalizations
North American Tire	$	43	$	72	$	184
Europe, Middle East and Africa Tire	100		15		41
Latin American Tire	6		—		5
Asia Pacific Tire	26		16		11
Total Segment Rationalizations	175		103		241
Corporate	—		—		(1		)
	$	175	$	103	$	240



(In millions)	2012			2011			2010
Net (Gains) Losses on Asset Sales
North American Tire	$	(9	)	$	2		$	(2	)
Europe, Middle East and Africa Tire	(9		)	(1		)	(6		)
Latin American Tire	(4		)	(4		)	(7		)
Asia Pacific Tire	(1		)	(9		)	(58		)
Total Segment Asset Sales	(23		)	(12		)	(73		)
Corporate	(2		)	(4		)	—
	$	(25	)	$	(16	)	$	(73	)



(In millions)	2012		2011		2010
Asset Write-offs and Accelerated Depreciation
North American Tire	$	1	$	43	$	2
Europe, Middle East and Africa Tire	—		—		1
Asia Pacific Tire	19		7		12
Total Segment Asset Write-offs and Accelerated Depreciation	$	20	$	50	$	15

Segment Capital Expenditures Depreciation and Amortization

The following tables present segment capital expenditures, depreciation and amortization:



(In millions)	2012		2011		2010
Capital Expenditures
North American Tire	$	212	$	236	$	319
Europe, Middle East and Africa Tire	344		240		183
Latin American Tire	250		237		135
Asia Pacific Tire	286		314		281
Total Segment Capital Expenditures	1,092		1,027		918
Corporate	35		16		26
	$	1,127	$	1,043	$	944



(In millions)	2012		2011		2010
Depreciation and Amortization
North American Tire	$	275	$	286	$	295
Europe, Middle East and Africa Tire	215		222		209
Latin American Tire	72		73		57
Asia Pacific Tire	89		73		63
Total Segment Depreciation and Amortization	651		654		624
Corporate	36		61		28
	$	687	$	715	$	652

Segment Equity In Net Income of Investees Accounted For By Equity Method

The following table presents segment equity in the net income of investees accounted for by the equity method:



(In millions)	2012			2011			2010
Equity in (Income)
North American Tire	$	(6	)	$	(5	)	$	(4	)
Europe, Middle East and Africa Tire	—			(1		)	—
Asia Pacific Tire	(28		)	(13		)	(7		)
Total Segment Equity in (Income)	$	(34	)	$	(19	)	$	(11	)

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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