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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and Cash Equivalents $ 1,138 $ 1,476
Accounts Receivable, less Allowance — $110 ($105 in 2015) 2,475 2,033
Inventories:    
Raw Materials 445 419
Work in Process 141 138
Finished Products 2,100 1,907
Total Inventory 2,686 2,464
Prepaid Expenses and Other Current Assets 169 153
Total Current Assets 6,468 6,126
Goodwill 560 555
Intangible Assets 138 138
Deferred Income Taxes 2,028 2,141
Other Assets 706 654
Property, Plant and Equipment, less Accumulated Depreciation — $9,042 ($8,637 in 2015) 6,960 6,777
Total Assets 16,860 16,391
Current Liabilities:    
Accounts Payable-Trade 2,643 2,769
Compensation and Benefits 605 666
Other Current Liabilities 855 886
Notes Payable and Overdrafts 145 49
Long Term Debt and Capital Leases Due Within One Year 346 585
Total Current Liabilities 4,594 4,955
Long Term Debt and Capital Leases 5,745 5,074
Compensation and Benefits 1,393 1,468
Deferred Income Taxes 90 91
Other Long Term Liabilities 630 661
Total Liabilities 12,452 12,249
Commitments and Contingent Liabilities
Common Stock, no par value:    
Authorized, 450 million shares, Outstanding shares — 262 million (267 million in 2015) after deducting 16 million treasury shares (11 million in 2015) 262 267
Capital Surplus 2,964 3,093
Retained Earnings 4,918 4,570
Accumulated Other Comprehensive Loss (3,962) (4,010)
Goodyear Shareholders’ Equity 4,182 3,920
Minority Shareholders’ Equity — Nonredeemable 226 222
Total Shareholders’ Equity 4,408 4,142
Total Liabilities and Shareholders’ Equity $ 16,860 $ 16,391