Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Basic and Diluted Earnings per common share

Basic and diluted earnings (loss) per common share are calculated as follows:

	Three Months Ended
	March 31,
(In millions, except per share amounts)	2015		2014
Earnings (loss) per share — basic:
Goodyear net income (loss)	$	224	$	(51	)
Less: Preferred stock dividends	—		7
Goodyear net income (loss) available to common shareholders	$	224	$	(58	)
Weighted average shares outstanding	270		248
Earnings (loss) per common share — basic	$	0.83	$	(0.23	)
Earnings (loss) per share — diluted:
Goodyear net income (loss)	$	224	$	(51	)
Less: Preferred stock dividends	—		7
Goodyear net income (loss) available to common shareholders	$	224	$	(58	)
Weighted average shares outstanding	270		248
Dilutive effect of stock options and other dilutive securities	4		—
Weighted average shares outstanding — diluted	274		248
Earnings (loss) per common share — diluted	$	0.82	$	(0.23	)