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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and Cash Equivalents $ 975 $ 1,043
Accounts Receivable, less Allowance — $108 ($116 in 2017) 2,388 2,025
Inventories:    
Raw Materials 530 466
Work in Process 160 142
Finished Products 2,251 2,179
Total Inventory 2,941 2,787
Prepaid Expenses and Other Current Assets 265 224
Total Current Assets 6,569 6,079
Goodwill 576 595
Intangible Assets 138 139
Deferred Income Taxes (Note 5) 2,035 2,008
Other Assets 804 792
Property, Plant and Equipment, less Accumulated Depreciation — $10,110 ($10,078 in 2017) 7,233 7,451
Total Assets 17,355 17,064
Current Liabilities:    
Accounts Payable — Trade 2,880 2,807
Compensation and Benefits (Notes 10 and 11) 511 539
Other Current Liabilities 821 1,026
Notes Payable and Overdrafts (Note 8) 335 262
Long Term Debt and Capital Leases due Within One Year (Note 8) 286 391
Total Current Liabilities 4,833 5,025
Long Term Debt and Capital Leases (Note 8) 5,726 5,076
Compensation and Benefits (Notes 10 and 11) 1,369 1,515
Deferred Income Taxes (Note 5) 99 100
Other Long Term Liabilities 484 498
Total Liabilities 12,511 12,214
Commitments and Contingent Liabilities (Note 12)
Common Stock, no par value:    
Authorized, 450 million shares, Outstanding shares — 237 and 240 million in 2018 and 2017 after deducting 41 and 38 million treasury shares in 2018 and 2017 237 240
Capital Surplus 2,214 2,295
Retained Earnings 6,208 6,044
Accumulated Other Comprehensive Loss (4,022) (3,976)
Goodyear Shareholders’ Equity 4,637 4,603
Minority Shareholders’ Equity — Nonredeemable 207 247
Total Shareholders’ Equity 4,844 4,850
Total Liabilities and Shareholders’ Equity $ 17,355 $ 17,064