XML 125 R107.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidating Financial Information (Details 1) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Consolidating Statement of Operations      
Net Sales $ 19,540 $ 20,992 $ 22,767
Cost of Goods Sold 15,422 17,163 18,821
Selling, Administrative and General Expense 2,758 2,718 2,822
Rationalizations 58 175 103
Interest Expense 392 357 330
Other (Income) Expense 97 139 73
Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 813 440 618
United States and Foreign Taxes 138 203 201
Equity in Earnings of Subsidiaries 0 0 0
Net Income (Loss) 675 237 417
Less: Minority Shareholders' Net Income 46 25 74
Goodyear Net Income (Loss) 629 212 343
Less: Preferred Stock Dividends 29 29 22
Goodyear Net Income (Loss) Available to Common Shareholders 600 183 321
Comprehensive Loss 1,320 (382) (341)
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders 78 (20) 37
Goodyear Comprehensive Income (Loss) 1,242 (362) (378)
Parent Company
     
Consolidating Statement of Operations      
Net Sales 8,324 8,898 9,027
Cost of Goods Sold 7,001 7,792 8,209
Selling, Administrative and General Expense 946 895 898
Rationalizations 6 38 70
Interest Expense 315 258 247
Other (Income) Expense (251) (152) (218)
Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 307 67 (179)
United States and Foreign Taxes 22 23 37
Equity in Earnings of Subsidiaries 344 168 559
Net Income (Loss) 629 212 343
Less: Minority Shareholders' Net Income 0 0 0
Goodyear Net Income (Loss) 629 212 343
Less: Preferred Stock Dividends 29 29 22
Goodyear Net Income (Loss) Available to Common Shareholders 600 183 321
Comprehensive Loss 1,242 (362) (378)
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders 0 0 0
Goodyear Comprehensive Income (Loss) 1,242 (362) (378)
Guarantor Subsidiaries [Member]
     
Consolidating Statement of Operations      
Net Sales 2,690 2,883 2,892
Cost of Goods Sold 2,415 2,587 2,574
Selling, Administrative and General Expense 171 182 185
Rationalizations 3 7 3
Interest Expense 29 26 19
Other (Income) Expense 5 (30) (21)
Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 67 111 132
United States and Foreign Taxes 43 29 (51)
Equity in Earnings of Subsidiaries 5 (14) 29
Net Income (Loss) 29 68 212
Less: Minority Shareholders' Net Income 0 0 0
Goodyear Net Income (Loss) 29 68 212
Less: Preferred Stock Dividends 0 0 0
Goodyear Net Income (Loss) Available to Common Shareholders 29 68 212
Comprehensive Loss 107 67 148
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders 0 0 0
Goodyear Comprehensive Income (Loss) 107 67 148
Non-Guarantor Subsidiaries
     
Consolidating Statement of Operations      
Net Sales 12,721 13,665 15,648
Cost of Goods Sold 10,399 11,439 13,092
Selling, Administrative and General Expense 1,658 1,652 1,747
Rationalizations 49 130 30
Interest Expense 114 137 111
Other (Income) Expense 83 30 15
Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 418 277 653
United States and Foreign Taxes 88 152 217
Equity in Earnings of Subsidiaries 0 0 0
Net Income (Loss) 330 125 436
Less: Minority Shareholders' Net Income 46 25 74
Goodyear Net Income (Loss) 284 100 362
Less: Preferred Stock Dividends 0 0 0
Goodyear Net Income (Loss) Available to Common Shareholders 284 100 362
Comprehensive Loss 353 (144) 301
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders 69 (24) 44
Goodyear Comprehensive Income (Loss) 284 (120) 257
Consolidating Entries and Eliminations [Member]
     
Consolidating Statement of Operations      
Net Sales (4,195) (4,454) (4,800)
Cost of Goods Sold (4,393) (4,655) (5,054)
Selling, Administrative and General Expense (17) (11) (8)
Rationalizations 0 0 0
Interest Expense (66) (64) (47)
Other (Income) Expense 260 291 297
Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 21 (15) 12
United States and Foreign Taxes (15) (1) (2)
Equity in Earnings of Subsidiaries (349) (154) (588)
Net Income (Loss) (313) (168) (574)
Less: Minority Shareholders' Net Income 0 0 0
Goodyear Net Income (Loss) (313) (168) (574)
Less: Preferred Stock Dividends 0 0 0
Goodyear Net Income (Loss) Available to Common Shareholders (313) (168) (574)
Comprehensive Loss (382) 57 (412)
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders 9 4 (7)
Goodyear Comprehensive Income (Loss) $ (391) $ 53 $ (405)