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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash and Cash Equivalents $ 903 $ 1,132
Accounts Receivable, less Allowance — $113 ($101 in 2016) 2,309 1,769
Inventories:    
Raw Materials 560 436
Work in Process 145 131
Finished Products 2,479 2,060
Total Inventory 3,184 2,627
Prepaid Expenses and Other Current Assets 236 190
Total Current Assets 6,632 5,718
Goodwill 571 535
Intangible Assets 137 136
Deferred Income Taxes 2,361 2,414
Other Assets 700 668
Property, Plant and Equipment, less Accumulated Depreciation — $9,662 ($9,125 in 2016) 7,245 7,040
Total Assets 17,646 16,511
Current Liabilities:    
Accounts Payable — Trade 2,774 2,589
Compensation and Benefits 567 584
Other Current Liabilities 1,055 963
Notes Payable and Overdrafts 238 245
Long Term Debt and Capital Leases Due Within One Year 435 436
Total Current Liabilities 5,069 4,817
Long Term Debt and Capital Leases 5,403 4,798
Compensation and Benefits 1,408 1,460
Deferred Income Taxes 86 85
Other Long Term Liabilities 535 626
Total Liabilities 12,501 11,786
Commitments and Contingent Liabilities
Common Stock, no par value:    
Authorized, 450 million shares, Outstanding shares — 252 million in 2017 and 2016 after deducting 26 million treasury shares in 2017 and 2016 252 252
Capital Surplus 2,638 2,645
Retained Earnings 6,071 5,808
Accumulated Other Comprehensive Loss (4,052) (4,198)
Goodyear Shareholders’ Equity 4,909 4,507
Minority Shareholders’ Equity — Nonredeemable 236 218
Total Shareholders’ Equity 5,145 4,725
Total Liabilities and Shareholders’ Equity $ 17,646 $ 16,511