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Changes in Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Changes In Shareholders' Equity
The following tables present the changes in shareholders’ equity for the three months ended March 31, 2015 and 2014:
 
March 31, 2015
 
March 31, 2014
(In millions)
Goodyear
Shareholders’ Equity
 
Minority
Shareholders’
Equity – Nonredeemable
 
Total
Shareholders’ Equity
 
Goodyear
Shareholders’ Equity
 
Minority
Shareholders’
Equity – Nonredeemable
 
Total
Shareholders’ Equity
Balance at beginning of period
$
3,610

 
$
235

 
$
3,845

 
$
1,606

 
$
262

 
$
1,868

Comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
224

 
3

 
227

 
(51
)
 
7

 
(44
)
Foreign currency translation net of tax benefit of $34 in 2015 ($0 in 2014)
(63
)
 
(10
)
 
(73
)
 
(6
)
 
(1
)
 
(7
)
Amortization of prior service cost and unrecognized gains and losses included in total benefit cost net of tax of $9 in 2015 ($2 in 2014)
18

 

 
18

 
31

 

 
31

Decrease (increase) in net actuarial losses net of tax of $0 in 2015 ($0 in 2014)

 

 

 
8

 

 
8

Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures net of tax of $0 in 2015 ($0 in 2014)

 

 

 
38

 

 
38

Deferred derivative gains (losses) net of tax of $2 in 2015 ($0 in 2014)
11

 

 
11

 
(2
)
 

 
(2
)
Reclassification adjustment for amounts recognized in income net of tax benefit of $1 in 2015 ($0 in 2014)
(4
)
 

 
(4
)
 
1

 

 
1

Unrealized investment gains (losses) net of tax of $4 in 2015 ($0 in 2014)
7

 

 
7

 
(5
)
 

 
(5
)
Other comprehensive income (loss)
(31
)
 
(10
)
 
(41
)
 
65

 
(1
)
 
64

Total comprehensive income
193

 
(7
)
 
186

 
14

 
6

 
20

Purchase of subsidiary shares from minority interest

 

 

 
(6
)
 
(17
)
 
(23
)
Dividends declared to minority shareholders

 
(1
)
 
(1
)
 

 
(7
)
 
(7
)
Stock-based compensation plans (Note 10)
4

 

 
4

 
6

 

 
6

Repurchase of common stock (Note 12)
(1
)
 

 
(1
)
 
(32
)
 

 
(32
)
Dividends declared (Note 12)
(16
)
 

 
(16
)
 
(19
)
 

 
(19
)
Common stock issued from treasury
2

 

 
2

 
24

 

 
24

Balance at end of period
$
3,792

 
$
227

 
$
4,019

 
$
1,593

 
$
244

 
$
1,837

Changes in Minority Equity presented outside of Shareholders' Equity
The following table presents changes in Minority Equity presented outside of Shareholders’ Equity:
 
Three Months Ended
 
March 31,
(In millions)
2015
 
2014
Balance at beginning of period
$
582

 
$
577

Comprehensive income (loss):
 
 
 
Net income (loss)
9

 
6

Foreign currency translation, net of tax of $0 in 2015 ($0 in 2014)
(55
)
 
1

Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $0 in 2015 ($0 in 2014)
1

 
1

Decrease (increase) in net actuarial losses, net of tax of $0 in 2015 ($0 in 2014)

 
11

Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, net of tax of $0 in 2015 ($0 in 2014)

 
4

Deferred derivative gains (losses), net of tax of $0 in 2015 ($0 in 2014)
2

 

Other comprehensive income (loss)
(52
)
 
17

Total comprehensive income (loss)
(43
)
 
23

Balance at end of period
$
539

 
$
600