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Business Segments
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
BUSINESS SEGMENTS
BUSINESS SEGMENTS

 
Three Months Ended
 
March 31,
(In millions)
2013
 
2012
Sales:
 
 
 
North American Tire
$
2,166

 
$
2,497

Europe, Middle East and Africa Tire
1,607

 
1,938

Latin American Tire
513

 
521

Asia Pacific Tire
567

 
577

Net Sales
$
4,853

 
$
5,533

Segment Operating Income:
 
 
 
North American Tire
$
127

 
$
80

Europe, Middle East and Africa Tire
31

 
90

Latin American Tire
60

 
55

Asia Pacific Tire
84

 
67

Total Segment Operating Income
302

 
292

Less:
 
 
 
Rationalizations
7

 
15

Interest expense
85

 
101

Other expense
126

 
92

Asset write-offs and accelerated depreciation
5

 
2

Corporate incentive compensation plans
10

 
7

Intercompany profit elimination
3

 
10

Retained expenses of divested operations
4

 
4

Other
12

 
5

Income before Income Taxes
$
50

 
$
56



Rationalizations, as described in Note 2, Costs Associated with Rationalization Programs, net (gains) losses on asset sales, as described in Note 3, Other Expense, and asset write-offs and accelerated depreciation are not (credited) charged to the strategic business units (“SBUs”) for performance evaluation purposes, but were attributable to the SBUs as follows:


 
Three Months Ended
 
March 31,
(In millions)
2013
 
2012
Rationalizations:
 
 
 
North American Tire
$
2

 
$
6

Europe, Middle East and Africa Tire
3

 
5

Latin American Tire

 
2

Asia Pacific Tire
2

 
2

Total Segment Rationalizations
7

 
15

 
 
 
 
 
 
 
 
Net (Gains) Losses on Asset Sales:
 
 
 
North American Tire
$
1

 
$
(2
)
Europe, Middle East and Africa Tire
2

 
(1
)
Latin American Tire
(1
)
 

Total Segment Asset Sales
2

 
(3
)
Corporate

 
(1
)
 
$
2

 
$
(4
)

Asset Write-offs and Accelerated Depreciation:
 
 
 
Europe, Middle East and Africa Tire
$
5

 
$

Asia Pacific Tire

 
2

Total Segment Asset Write-offs and Accelerated Depreciation
$
5

 
$
2