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Changes in Shareholders' Equity
3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
CHANGES IN SHAREHOLDERS' EQUITY
CHANGES IN SHAREHOLDERS’ EQUITY
The following tables present the changes in shareholders’ equity for the three months ended March 31, 2018 and 2017:
 
March 31, 2018
 
March 31, 2017
(In millions)
Goodyear
Shareholders’ Equity
 
Minority
Shareholders’
Equity – Nonredeemable
 
Total
Shareholders’ Equity
 
Goodyear
Shareholders’ Equity
 
Minority
Shareholders’
Equity – Nonredeemable
 
Total
Shareholders’ Equity
Balance at beginning of period
$
4,603

 
$
247

 
$
4,850

 
$
4,507

 
$
218

 
$
4,725

Comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
 
Net income
75

 
5

 
80

 
166

 
3

 
169

Foreign currency translation, net of tax of ($2) in 2018 ($3 in 2017)
80

 
2

 
82

 
78

 
6

 
84

Amortization of prior service cost and unrecognized gains (losses) included in total benefit cost, net of tax of $8 in 2018 ($10 in 2017)
27

 

 
27

 
20

 

 
20

(Increase)/Decrease in net actuarial losses, net of tax of $1 in 2018 ($1 in 2017)
3

 

 
3

 
4

 

 
4

Deferred derivative gains (losses), net of tax of ($2) in 2018 (($2) in 2017)
(4
)
 

 
(4
)
 
(6
)
 

 
(6
)
Reclassification adjustment for amounts recognized in income, net of tax of $1 in 2018 (($1) in 2017)
3

 

 
3

 
(1
)
 

 
(1
)
Other comprehensive income
109

 
2

 
111

 
95

 
6

 
101

Total comprehensive income
184

 
7

 
191

 
261

 
9

 
270

Adoption of new accounting standards updates (Note 1)
(1
)
 

 
(1
)
 

 

 

Stock-based compensation plans (Note 11)
4

 

 
4

 
6

 

 
6

Repurchase of common stock (Note 13)
(25
)
 

 
(25
)
 
(25
)
 

 
(25
)
Dividends declared (Note 13)
(34
)
 

 
(34
)
 
(25
)
 

 
(25
)
Common stock issued from treasury
1

 

 
1

 
9

 

 
9

Purchase of minority shares
5

 
(29
)
 
(24
)
 

 

 

Balance at end of period
$
4,737

 
$
225

 
$
4,962

 
$
4,733

 
$
227

 
$
4,960