XML 30 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and Cash Equivalents $ 896 $ 1,043
Accounts Receivable, less Allowance — $117 ($116 in 2017) 2,670 2,025
Inventories:    
Raw Materials 567 466
Work in Process 155 142
Finished Products 2,216 2,179
Total Inventory 2,938 2,787
Prepaid Expenses and Other Current Assets 249 224
Total Current Assets 6,753 6,079
Goodwill 572 595
Intangible Assets 137 139
Deferred Income Taxes (Note 5) 1,908 2,008
Other Assets 1,089 792
Property, Plant and Equipment, less Accumulated Depreciation — $10,199 ($10,078 in 2017) 7,132 7,451
Total Assets 17,591 17,064
Current Liabilities:    
Accounts Payable — Trade 2,819 2,807
Compensation and Benefits (Notes 10 and 11) 517 539
Other Current Liabilities 795 1,026
Notes Payable and Overdrafts (Note 8) 445 262
Long Term Debt and Capital Leases due Within One Year (Note 8) 471 391
Total Current Liabilities 5,047 5,025
Long Term Debt and Capital Leases (Note 8) 5,604 5,076
Compensation and Benefits (Notes 10 and 11) 1,350 1,515
Deferred Income Taxes (Note 5) 95 100
Other Long Term Liabilities 495 498
Total Liabilities 12,591 12,214
Commitments and Contingent Liabilities (Note 12)
Common Stock, no par value:    
Authorized, 450 million shares, Outstanding shares — 233 and 240 million in 2018 and 2017 after deducting 45 and 38 million treasury shares in 2018 and 2017 233 240
Capital Surplus 2,125 2,295
Retained Earnings 6,525 6,044
Accumulated Other Comprehensive Loss (4,083) (3,976)
Goodyear Shareholders’ Equity 4,800 4,603
Minority Shareholders’ Equity — Nonredeemable 200 247
Total Shareholders’ Equity 5,000 4,850
Total Liabilities and Shareholders’ Equity $ 17,591 $ 17,064