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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net Sales $ 4,184 $ 4,657 $ 12,380 $ 13,782
Cost of Goods Sold 3,000 3,516 9,093 10,566
Selling, Administrative and General Expense 633 653 1,889 2,018
Rationalizations (Note 2) 20 15 82 80
Interest Expense 102 108 311 315
Other (Income) Expense (Note 3) [1] (2) 66 (113) 242
Income before Income Taxes 431 299 1,118 561
United States and Foreign Taxes (Note 5) 126 100 369 168
Net Income 305 199 749 393
Less: Minority Shareholders' Net Income 34 38 62 70
Goodyear Net Income 271 161 687 323
Less: Preferred Stock Dividends 0 0 0 7
Goodyear Net Income available to Common Shareholders $ 271 $ 161 $ 687 $ 316
Goodyear Net Income available to Common Shareholders - Per Share of Common Stock        
Basic $ 1.01 $ 0.58 $ 2.55 $ 1.18
Weighted Average Shares Outstanding (Note 6) 269 275 270 266
Diluted $ 0.99 $ 0.58 $ 2.51 $ 1.15
Weighted Average Shares Outstanding (Note 6) 274 279 274 280
Cash Dividends Declared Per Common Share $ 0.06 $ 0.06 $ 0.18 $ 0.16
[1] Refer to Note 3.