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Changes in Shareholders' Equity
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
CHANGES IN SHAREHOLDERS' EQUITY
CHANGES IN SHAREHOLDERS’ EQUITY
The following tables present the changes in shareholders’ equity for the nine months ended September 30, 2018 and 2017:
 
September 30, 2018
 
September 30, 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
583

 
15

 
598

 
442

 
13

 
455

Foreign currency translation, net of tax of ($8) in 2018 ($44 in 2017)
(210
)
 
(25
)
 
(235
)
 
155

 
14

 
169

Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $24 in 2018 ($31 in 2017)
79

 

 
79

 
57

 

 
57

(Increase)/Decrease in net actuarial losses, net of tax of $2 in 2018 (($15) in 2017)
(1
)
 

 
(1
)
 
(23
)
 

 
(23
)
Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, net of tax of $4 in 2018 ($9 in 2017)
13

 

 
13

 
15

 

 
15

Deferred derivative gains (losses), net of tax of $3 in 2018 (($9) in 2017)
6

 

 
6

 
(19
)
 

 
(19
)
Reclassification adjustment for amounts recognized in income, net of tax of $2 in 2018 (($1) in 2017)
6

 

 
6

 
(2
)
 

 
(2
)
Other comprehensive income (loss)
(107
)
 
(25
)
 
(132
)
 
183

 
14

 
197

Total comprehensive income (loss)
476

 
(10
)
 
466

 
625

 
27

 
652

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

 
(1
)
 

 

 

Dividends declared to minority shareholders

 
(8
)
 
(8
)
 

 
(6
)
 
(6
)
Stock-based compensation plans (Note 11)
14

 

 
14

 
17

 

 
17

Repurchase of common stock (Note 13)
(200
)
 

 
(200
)
 
(205
)
 

 
(205
)
Dividends declared (Note 13)
(101
)
 

 
(101
)
 
(75
)
 

 
(75
)
Common stock issued from treasury
4

 

 
4

 
13

 

 
13

Purchase of minority shares
5

 
(29
)
 
(24
)
 

 

 

Balance at end of period
$
4,800

 
$
200

 
$
5,000

 
$
4,882

 
$
239

 
$
5,121