XML 88 R75.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidating Financial Information - Condensed Consolidating Balance Sheet (Details) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Sep. 30, 2016
Dec. 31, 2015
Current Assets:        
Cash and Cash Equivalents $ 822 $ 1,132 $ 975  
Accounts Receivable, net 2,672 1,769    
Accounts Receivable From Affiliates 0 0    
Inventories 2,991 2,627    
Prepaid Expenses and Other Current Assets 242 190    
Total Current Assets 6,727 5,718    
Goodwill 587 535    
Intangible Assets 137 136    
Deferred Income Taxes 2,356 2,414    
Other Assets 714 668    
Investments in Subsidiaries 0 0    
Property, Plant and Equipment, net 7,331 7,040    
Total Assets 17,852 16,511    
Current Liabilities:        
Accounts Payable — Trade 2,624 2,589    
Accounts Payable to Affiliates 0 0    
Compensation and Benefits 582 584    
Other Current Liabilities 1,062 963    
Notes Payable and Overdrafts 276 245    
Long Term Debt and Capital Leases due Within One Year (Note 7) 378 436    
Total Current Liabilities 4,922 4,817    
Long Term Debt and Capital Leases 5,737 4,798    
Compensation and Benefits 1,459 1,460    
Deferred Income Taxes 91 85    
Other Long Term Liabilities 522 626    
Total Liabilities 12,731 11,786    
Commitments and Contingent Liabilities    
Goodyear Shareholders’ Equity:        
Common Stock 246 252    
Other Equity 4,636 4,255    
Goodyear Shareholders’ Equity 4,882 4,507    
Minority Shareholders’ Equity — Nonredeemable 239 218    
Total Shareholders’ Equity 5,121 4,725 $ 4,704 $ 4,142
Total Liabilities and Shareholders’ Equity 17,852 16,511    
Reportable Legal Entities | Parent Company        
Current Assets:        
Cash and Cash Equivalents 59 188    
Accounts Receivable, net 660 589    
Accounts Receivable From Affiliates 0 0    
Inventories 1,582 1,443    
Prepaid Expenses and Other Current Assets 73 57    
Total Current Assets 2,374 2,277    
Goodwill 24 24    
Intangible Assets 117 118    
Deferred Income Taxes 1,883 2,010    
Other Assets 215 223    
Investments in Subsidiaries 4,689 4,344    
Property, Plant and Equipment, net 2,469 2,481    
Total Assets 11,771 11,477    
Current Liabilities:        
Accounts Payable — Trade 822 905    
Accounts Payable to Affiliates 404 547    
Compensation and Benefits 306 365    
Other Current Liabilities 342 355    
Notes Payable and Overdrafts 30 0    
Long Term Debt and Capital Leases due Within One Year (Note 7) 4 6    
Total Current Liabilities 1,908 2,178    
Long Term Debt and Capital Leases 3,974 3,685    
Compensation and Benefits 620 682    
Deferred Income Taxes 0 0    
Other Long Term Liabilities 387 425    
Total Liabilities 6,889 6,970    
Commitments and Contingent Liabilities    
Goodyear Shareholders’ Equity:        
Common Stock 246 252    
Other Equity 4,636 4,255    
Goodyear Shareholders’ Equity 4,882 4,507    
Minority Shareholders’ Equity — Nonredeemable 0 0    
Total Shareholders’ Equity 4,882 4,507    
Total Liabilities and Shareholders’ Equity 11,771 11,477    
Reportable Legal Entities | Guarantor Subsidiaries        
Current Assets:        
Cash and Cash Equivalents 36 55    
Accounts Receivable, net 153 106    
Accounts Receivable From Affiliates 144 277    
Inventories 52 25    
Prepaid Expenses and Other Current Assets 2 3    
Total Current Assets 387 466    
Goodwill 1 0    
Intangible Assets 0 0    
Deferred Income Taxes 39 31    
Other Assets 53 53    
Investments in Subsidiaries 592 541    
Property, Plant and Equipment, net 403 308    
Total Assets 1,475 1,399    
Current Liabilities:        
Accounts Payable — Trade 104 142    
Accounts Payable to Affiliates 0 0    
Compensation and Benefits 16 15    
Other Current Liabilities 9 0    
Notes Payable and Overdrafts 0 0    
Long Term Debt and Capital Leases due Within One Year (Note 7) 0 0    
Total Current Liabilities 129 157    
Long Term Debt and Capital Leases 52 0    
Compensation and Benefits 104 98    
Deferred Income Taxes 1 1    
Other Long Term Liabilities 11 12    
Total Liabilities 297 268    
Commitments and Contingent Liabilities    
Goodyear Shareholders’ Equity:        
Common Stock 0 0    
Other Equity 1,178 1,131    
Goodyear Shareholders’ Equity 1,178 1,131    
Minority Shareholders’ Equity — Nonredeemable 0 0    
Total Shareholders’ Equity 1,178 1,131    
Total Liabilities and Shareholders’ Equity 1,475 1,399    
Reportable Legal Entities | Non-Guarantor Subsidiaries        
Current Assets:        
Cash and Cash Equivalents 727 889    
Accounts Receivable, net 1,859 1,074    
Accounts Receivable From Affiliates 260 270    
Inventories 1,401 1,178    
Prepaid Expenses and Other Current Assets 165 130    
Total Current Assets 4,412 3,541    
Goodwill 435 391    
Intangible Assets 20 18    
Deferred Income Taxes 434 373    
Other Assets 443 387    
Investments in Subsidiaries 0 0    
Property, Plant and Equipment, net 4,486 4,279    
Total Assets 10,230 8,989    
Current Liabilities:        
Accounts Payable — Trade 1,698 1,542    
Accounts Payable to Affiliates 0 0    
Compensation and Benefits 260 204    
Other Current Liabilities 711 611    
Notes Payable and Overdrafts 246 245    
Long Term Debt and Capital Leases due Within One Year (Note 7) 374 430    
Total Current Liabilities 3,289 3,032    
Long Term Debt and Capital Leases 1,711 1,113    
Compensation and Benefits 735 680    
Deferred Income Taxes 90 84    
Other Long Term Liabilities 124 188    
Total Liabilities 5,949 5,097    
Commitments and Contingent Liabilities    
Goodyear Shareholders’ Equity:        
Common Stock 0 0    
Other Equity 4,042 3,674    
Goodyear Shareholders’ Equity 4,042 3,674    
Minority Shareholders’ Equity — Nonredeemable 239 218    
Total Shareholders’ Equity 4,281 3,892    
Total Liabilities and Shareholders’ Equity 10,230 8,989    
Consolidating Entries and Eliminations        
Current Assets:        
Cash and Cash Equivalents 0 0    
Accounts Receivable, net 0 0    
Accounts Receivable From Affiliates (404) (547)    
Inventories (44) (19)    
Prepaid Expenses and Other Current Assets 2 0    
Total Current Assets (446) (566)    
Goodwill 127 120    
Intangible Assets 0 0    
Deferred Income Taxes 0 0    
Other Assets 3 5    
Investments in Subsidiaries (5,281) (4,885)    
Property, Plant and Equipment, net (27) (28)    
Total Assets (5,624) (5,354)    
Current Liabilities:        
Accounts Payable — Trade 0 0    
Accounts Payable to Affiliates (404) (547)    
Compensation and Benefits 0 0    
Other Current Liabilities 0 (3)    
Notes Payable and Overdrafts 0 0    
Long Term Debt and Capital Leases due Within One Year (Note 7) 0 0    
Total Current Liabilities (404) (550)    
Long Term Debt and Capital Leases 0 0    
Compensation and Benefits 0 0    
Deferred Income Taxes 0 0    
Other Long Term Liabilities 0 1    
Total Liabilities (404) (549)    
Commitments and Contingent Liabilities    
Goodyear Shareholders’ Equity:        
Common Stock 0 0    
Other Equity (5,220) (4,805)    
Goodyear Shareholders’ Equity (5,220) (4,805)    
Minority Shareholders’ Equity — Nonredeemable 0 0    
Total Shareholders’ Equity (5,220) (4,805)    
Total Liabilities and Shareholders’ Equity $ (5,624) $ (5,354)