XML 89 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash and Cash Equivalents $ 2,564 $ 2,281
Accounts Receivable, less Allowance - $100 ($99 in 2012) 2,880 2,563
Inventories:    
Raw Materials 658 743
Work in Process 171 169
Finished Products 2,309 2,338
Total Inventory 3,138 3,250
Prepaid Expenses and Other Current Assets 387 404
Total Current Assets 8,969 8,498
Goodwill 643 664
Intangible Assets 139 140
Deferred Income Taxes 187 186
Other Assets 527 529
Property, Plant and Equipment, less Accumulated Depreciation - $9,060 ($8,991 in 2012) 6,919 6,956
Total Assets 17,384 16,973
Current Liabilities:    
Accounts Payable-Trade 3,213 3,223
Compensation and Benefits (Notes 9 and 10) 691 719
Other Current Liabilities 1,067 1,182
Notes Payable and Overdrafts (Note 7) 79 102
Long Term Debt and Capital Leases due Within One Year (Note 7) 125 96
Total Current Liabilities 5,175 5,322
Long Term Debt and Capital Leases (Note 7) 6,325 4,888
Compensation and Benefits (Notes 9 and 10) 3,133 4,340
Deferred and Other Noncurrent Income Taxes 262 264
Other Long Term Liabilities 1,011 1,000
Total Liabilities 15,906 15,814
Commitments and Contingencies (Note 11)      
Minority Shareholders' Equity (Note 1) 520 534
Goodyear Shareholders' Equity:    
Preferred Stock, no par value: (Note 12) Authorized, 50 million shares, Outstanding shares - 10 million (10 million in 2012), liquidation preference $50 per share 500 500
Common Stock, no par value: Authorized, 450 million shares, Outstanding shares - 246 million (245 million in 2012) after deducting 5 million treasury shares (6 million in 2012) 246 245
Capital Surplus 2,824 2,815
Retained Earnings 1,576 1,370
Accumulated Other Comprehensive Loss (4,431) (4,560)
Goodyear Shareholders' Equity 715 370
Minority Shareholders' Equity - Nonredeemable 243 255
Total Shareholders' Equity 958 625
Total Liabilities and Shareholders' Equity $ 17,384 $ 16,973