XML 39 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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
 
Six Months Ended
 
June 30,
 
June 30,
(In millions, except per share amounts)
2017
 
2016
 
2017
 
2016
Earnings per share — basic:
 
 
 
 
 
 
 
Goodyear net income
$
147

 
$
202

 
$
313

 
$
386

Weighted average shares outstanding
252

 
264

 
252

 
266

Earnings per common share — basic
$
0.58

 
$
0.76

 
$
1.24

 
$
1.45

 
 
 
 
 
 
 
 
Earnings per share — diluted:
 
 
 
 
 
 
 
Goodyear net income
$
147

 
$
202

 
$
313

 
$
386

Weighted average shares outstanding
252

 
264

 
252

 
266

Dilutive effect of stock options and other dilutive securities
4

 
4

 
4

 
3

Weighted average shares outstanding — diluted
256

 
268

 
256

 
269

Earnings per common share — diluted
$
0.58

 
$
0.75

 
$
1.23

 
$
1.43