XML 90 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current Assets:    
Cash and Cash Equivalents $ 1,744 $ 2,996
Accounts Receivable, less Allowance - $96 ($99 in 2013) 3,021 2,435
Inventories:    
Raw Materials 584 592
Work in Process 161 164
Finished Products 2,179 2,060
Total Inventory 2,924 2,816
Prepaid Expenses and Other Current Assets 358 397
Total Current Assets 8,047 8,644
Goodwill 623 668
Intangible Assets 135 138
Deferred Income Taxes 105 157
Other Assets 654 600
Property, Plant and Equipment, less Accumulated Depreciation - $9,189 ($9,158 in 2013) 7,092 7,320
Total Assets 16,656 17,527
Current Liabilities:    
Accounts Payable-Trade 2,827 3,097
Compensation and Benefits (Notes 9 and 10) 774 758
Other Current Liabilities 1,036 1,083
Notes Payable and Overdrafts (Note 7) 38 14
Long Term Debt and Capital Leases due Within One Year (Note 7) 98 73
Total Current Liabilities 4,773 5,025
Long Term Debt and Capital Leases (Note 7) 6,719 6,162
Compensation and Benefits (Notes 9 and 10) 1,307 2,673
Deferred and Other Noncurrent Income Taxes 243 256
Other Long Term Liabilities 916 966
Total Liabilities 13,958 15,082
Commitments and Contingencies (Note 11)      
Minority Shareholders' Equity (Note 1) 595 577
Goodyear Shareholders' Equity:    
Preferred Stock, no par value: (Note 12) Authorized, 50 million shares, Outstanding shares - none in 2014 (10 million in 2013), liquidation preference $50 per share 0 500
Common Stock, no par value: Authorized, 450 million shares, Outstanding shares - 275 million (248 million in 2013) after deducting 3 million treasury shares (3 million in 2013) 275 248
Capital Surplus 3,275 2,847
Retained Earnings 2,231 1,958
Accumulated Other Comprehensive Loss (3,919) (3,947)
Goodyear Shareholders' Equity 1,862 1,606
Minority Shareholders' Equity - Nonredeemable 241 262
Total Shareholders' Equity 2,103 1,868
Total Liabilities and Shareholders' Equity $ 16,656 $ 17,527