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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Common Share
Basic and diluted earnings per common share are calculated as follows:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(In millions, except per share amounts)
2016
 
2015
 
2016
 
2015
Earnings per share — basic:
 
 
 
 
 
 
 
Goodyear net income available to common shareholders
$
202

 
$
192

 
$
386

 
$
416

Weighted average shares outstanding
264

 
270

 
266

 
270

Earnings per common share — basic
$
0.76

 
$
0.71

 
$
1.45

 
$
1.54

 
 
 
 
 
 
 
 
Earnings per share — diluted:
 
 
 
 
 
 
 
Goodyear net income available to common shareholders
$
202

 
$
192

 
$
386

 
$
416

Weighted average shares outstanding
264

 
270

 
266

 
270

Dilutive effect of stock options and other dilutive securities
4

 
4

 
3

 
4

Weighted average shares outstanding — diluted
268

 
274

 
269

 
274

Earnings per common share — diluted
$
0.75

 
$
0.70

 
$
1.43

 
$
1.52