XML 124 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]  
Schedule of Weighted Average Number of Shares [Table Text Block]
Basic and diluted earnings per common share are calculated as follows:
(In millions, except per share amounts)
2013
 
2012
 
2011
Earnings per share — basic:
 
 
 
 
 
Goodyear net income
$
629

 
$
212

 
$
343

Less: Preferred stock dividends
29

 
29

 
22

Goodyear net income available to common shareholders
$
600

 
$
183

 
$
321

Weighted average shares outstanding
246

 
245

 
244

Earnings per common share — basic
$
2.44

 
$
0.75

 
$
1.32

 
 
 
 
 
 
Earnings per share — diluted:
 
 
 
 
 
Goodyear net income
$
629

 
$
212

 
$
343

Less: Preferred stock dividends

 
29

 

Goodyear net income available to common shareholders
$
629

 
$
183

 
$
343

Weighted average shares outstanding
246

 
245

 
244

Dilutive effect of mandatory convertible preferred stock
28

 

 
25

Dilutive effect of stock options and other dilutive securities
3

 
2

 
2

Weighted average shares outstanding — diluted
277

 
247

 
271

Earnings per common share — diluted
$
2.28

 
$
0.74

 
$
1.26