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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
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
 
 
March 31,
 
(In millions, except per share amounts)
2017
 
2016
 
Earnings per share — basic:
 
 
 
 
Goodyear net income
$
166

 
$
184

 
Weighted average shares outstanding
252

 
267

 
Earnings per common share — basic
$
0.66

 
$
0.69

 
 
 
 
 
 
Earnings per share — diluted:
 
 
 
 
Goodyear net income
$
166

 
$
184

 
Weighted average shares outstanding
252

 
267

 
Dilutive effect of stock options and other dilutive securities
4

 
4

 
Weighted average shares outstanding — diluted
256

 
271

 
Earnings per common share — diluted
$
0.65

 
$
0.68