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Changes in Shareholders' Equity
 6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
CHANGES IN SHAREHOLDERS' EQUITY
CHANGES IN SHAREHOLDERS’ EQUITY
The following tables present the changes in shareholders’ equity for the six months ended June 30, 2016 and 2015:
 
June 30, 2016
 
June 30, 2015
(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
$
3,920

 
$
222

 
$
4,142

 
$
3,610

 
$
235

 
$
3,845

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
 
Net income
386

 
11

 
397

 
416

 
12

 
428

Foreign currency translation, net of tax of $14 in 2016 (($24) in 2015)
5

 
2

 
7

 
(59
)
 
(14
)
 
(73
)
Reclassification adjustment for amounts recognized in income, net of tax of $0 in 2016 ($0 in 2015)
—

 
—

 
—

 
1

 
—

 
1

Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $16 in 2016 ($18 in 2015)
32

 
—

 
32

 
35

 
—

 
35

Decrease (increase) in net actuarial losses, net of tax of $0 in 2016 ($11 in 2015)
1

 
—

 
1

 
22

 
—

 
22

Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, net of tax of $0 in 2016 ($0 in 2015)
15

 
—

 
15

 
2

 
—

 
2

Deferred derivative gains (losses), net of tax of $0 in 2016 ($2 in 2015)
3

 
—

 
3

 
9

 
—

 
9

Reclassification adjustment for amounts recognized in income, net of tax of ($2) in 2016 (($2) in 2015)
(8
)
 
—

 
(8
)
 
(11
)
 
—

 
(11
)
Unrealized investment gains (losses), net of tax of $0 in 2016 ($1 in 2015)
—

 
—

 
—

 
1

 
—

 
1

Other comprehensive income (loss)
48

 
2

 
50

 
—

 
(14
)
 
(14
)
Total comprehensive income (loss)
434

 
13

 
447

 
416

 
(2
)
 
414

Dividends declared to minority shareholders
—

 
(9
)
 
(9
)
 
—

 
(7
)
 
(7
)
Stock-based compensation plans (Note 10)
13

 
—

 
13

 
10

 
—

 
10

Repurchase of common stock (Note 12)
(150
)
 
—

 
(150
)
 
(52
)
 
—

 
(52
)
Dividends declared (Note 12)
(38
)
 
—

 
(38
)
 
(32
)
 
—

 
(32
)
Common stock issued from treasury
3

 
—

 
3

 
18

 
—

 
18

Balance at end of period
$
4,182

 
$
226

 
$
4,408

 
$
3,970

 
$
226

 
$
4,196



The following table presents changes in Minority Equity presented outside of Shareholders’ Equity:
 
Three Months Ended
Six Months Ended
 
June 30,
June 30,
(In millions)
2015
2015
Balance at beginning of period
$
539

$
582

Comprehensive income (loss):
 
 
Net income
7

16

Foreign currency translation, net of tax of $0 and $0 in 2015
23

(32
)
Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $0 and $0 in 2015
1

2

Decrease (increase) in net actuarial losses, net of tax of $0 and $0 in 2015
2

2

Deferred derivative gains (losses), net of tax of $0 and $0 in 2015
(1
)
1

Reclassification adjustment for amounts recognized in income, net of tax of $0 and $0 in 2015
(2
)
(2
)
Other comprehensive income (loss)
23

(29
)
Total comprehensive income (loss)
30

(13
)
Balance at end of period
$
569

$
569


Due to the dissolution of the global alliance with SRI on October 1, 2015, we no longer have Minority Equity outside of Shareholders' Equity.